Footwear Company Allbirds Latest To Return PPP Loan
Footwear Company Allbirds Latest To Return PPP Loan
May 08, 2020  |  Loans

Allbirds, the New Zealand-American footwear company, will return its Paycheck Protection Program (PPP) loan. Get the Full Story Complete the form to unlock this article...

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Saving Main Street: Advocacy Groups Propose New Government Relief Programs
Saving Main Street: Advocacy Groups Propose New Government Relief Programs
May 08, 2020  |  Retail

The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. Government program subsidies and loans have been snapped up by...

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Upscale Retailers Embrace ‘Clienteling’ To Stay Connected
Upscale Retailers Embrace ‘Clienteling’ To Stay Connected
May 08, 2020  |  Retail

New York City fashion boutique Nili Lotan has a client list that reads like the front row at Fashion Week (back when such events were...

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Retail’s Abysmal Week: Will Liquidation Sales Follow?
Retail’s Abysmal Week: Will Liquidation Sales Follow?
May 08, 2020  |  Retail

It was a tumultuous week for fashion retail and department stores. J.Crew and Neiman Marcus filed for bankruptcy, and we could soon see more big...

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Reopening The Economy Following COVID-19 Restrictions
Reopening The Economy Following COVID-19 Restrictions
May 08, 2020  |  Today In Data

COVID-19 has taken an unprecedented toll on the livelihoods and wellness of consumers. But many policymakers are making a push to lift the restrictions that were...

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JCPenney, Sephora To Maintain Partnership For In-Store Experience
JCPenney, Sephora To Maintain Partnership For In-Store Experience
May 08, 2020  |  Retail

After JCPenney sought a court order to keep Sephora in its locations, the companies said they have “reaffirmed” their partnership to run Sephora inside of...

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Kohl’s To Reopen Stores In 10 Additional States
Kohl’s To Reopen Stores In 10 Additional States
May 08, 2020  |  Retail

After opening retail locations in four states, Kohl’s said it intends to open stores in 10 more states on Monday (May 11) as it follows a...

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Keeping An Eye On B2B APIs
Keeping An Eye On B2B APIs
May 08, 2020  |  B2B Payments

When the pandemic arrived in early 2020, a preponderance of B2B payments was still being made by paper checks, along with all the messy precursors...

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Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost
Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost
May 08, 2020  |  Economy

The latest jobless report illustrates the devastation caused by COVID-19, as the U.S. Bureau of Labor Statistics released the worst unemployment numbers in the nation’s history....

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