Mall Owner Washington Prime Caught Between Struggling Tenants, Angry Creditors
Mall Owner Washington Prime Caught Between Struggling Tenants, Angry Creditors
March 05, 2021  |  Retail

The owner of 100 shopping malls in more than two dozen states is under pressure following multiple news reports that Washington Prime Group (WPG) is set...

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Saks.com To Be ‘Separate But Related Sister’ To Saks Fifth Ave Brick-And-Mortar Stores
Saks.com To Be ‘Separate But Related Sister’ To Saks Fifth Ave Brick-And-Mortar Stores
March 05, 2021  |  Retail

The parent company of Saks Fifth Avenue said Friday (March 5) it was splitting its eCommerce and 40 traditional retail stores into “separate but related...

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Challenges And Opportunities In Brick-and-Mortar Retail
Challenges And Opportunities In Brick-and-Mortar Retail
March 05, 2021  |  Today In Data

Walmart plans to invest in purchasing merchandise that is manufactured, grown or assembled domestically to advance American-made goods. In brick-and-mortar retail, Disney intends to close a number of stores in North America...

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Whole Paycheck: Walmart Chases A FinTech Future As More Touchless Amazon Go Stores Roll Out
Whole Paycheck: Walmart Chases A FinTech Future As More Touchless Amazon Go Stores Roll Out
March 05, 2021  |  Walmart Amazon whole paycheck

With the fourth-quarter earnings season safely behind them, the country’s top two retailers have gone back to executing the plans they just updated. The battle...

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Gap Inc. Registers 49 Pct Boost In Digital As Store Sales Drop
Gap Inc. Registers 49 Pct Boost In Digital As Store Sales Drop
March 05, 2021  |  Retail

Gap Inc. reported as part of its fourth-quarter and fiscal year 2020 results that pandemic-required store closures in global markets and softer store traffic in...

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Nonfarm Jobs Rise By 379K As Economy Shows Renewed Growth
Nonfarm Jobs Rise By 379K As Economy Shows Renewed Growth
March 05, 2021  |  Economy

With a bit of wind at its back — in the form of December’s $900 billion U.S. stimulus package — the economy took a step...

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Costco eCommerce Sales Soar 74.8 Pct Amid Pandemic
Costco eCommerce Sales Soar 74.8 Pct Amid Pandemic
March 05, 2021  |  Retail

Costco Wholesale Corporation, which operates just over 800 warehouses, reported its net sales for the second quarter climbed by 14.7 percent. Get the Full Story...

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New Report: Brazil’s Smartphone Samba Creating A World-Class Mobile Commerce Market
New Report: Brazil’s Smartphone Samba Creating A World-Class Mobile Commerce Market
March 05, 2021  |  Merchant Innovation

Giving a sense of the scope of digital transformation happening in developing markets, contemplate this: “The share of Brazilian consumers who consider digital channels their...

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