Nordstrom And Lord & Taylor Dampen Retail Reopening Plans
Nordstrom And Lord & Taylor Dampen Retail Reopening Plans
May 06, 2020  |  Retail

The retail reopenings underway hit a few roadblocks on Wednesday (May 6), as Nordstrom’s, L Brands and Lord & Taylor all checked in with bad...

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Challenges For Retail Reopenings, eCommerce
Challenges For Retail Reopenings, eCommerce
May 06, 2020  |  Today In Data

Retail reopening efforts continued to bring in light foot traffic, as Florida joined Texas in letting nonessential stores reopen. In online shopping, returns are the bane of eCommerce...

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Reinventing Retail: The Laws Of Attraction
Reinventing Retail: The Laws Of Attraction
May 06, 2020  |  Retail

It used to be that controllable and somewhat predictable factors like price, selection and location defined retail success. More recently it was data-driven decisioning and...

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European Economic Collapse May Rival Great Depression
European Economic Collapse May Rival Great Depression
May 06, 2020  |  Economy

The European Union’s economy is on track to contract by 7.4 percent this year — shrinking at a higher rate than during the Great Recession...

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CVS Front Store Sales Rise 8.5 Pct Fueled By COVID-19 Purchases
CVS Front Store Sales Rise 8.5 Pct Fueled By COVID-19 Purchases
May 06, 2020  |  Retail

As consumers stocked up on merchandise amid the coronavirus pandemic, CVS Health Corporation reported that front store revenues rose 8.5 percent in the three months...

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New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
May 06, 2020  |  Retail

As the coronavirus pandemic speeds up consumers’ transitions to online shopping, Shopify reported that new stores created on the platform jumped 62 percent from March...

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Western Union Weathers Uncertainty With Digital Acceleration
Western Union Weathers Uncertainty With Digital Acceleration
May 06, 2020  |  Earnings

As has been the trend with earnings reports this quarter, COVID-19 and its global economic effects took center stage when Western Union reported its Q1...

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COVID Report: Organizing A Recovery
COVID Report: Organizing A Recovery
May 06, 2020  |  Economy

Making history many times over, the U.S. government passed $3 trillion as a life-support effort for American businesses, with a focus on preserving the nation’s...

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US Jobs Report Shows 11M Jobs Lost At SMBs
US Jobs Report Shows 11M Jobs Lost At SMBs
May 06, 2020  |  Economy

COVID-19 continues to take its toll on the nation’s workforce as the number of private-sector jobs fell by a record 20.2 million from March to...

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