Last Major US Video Rental Chain Is Closing All Brick-And-Mortar Stores
Last Major US Video Rental Chain Is Closing All Brick-And-Mortar Stores
January 08, 2021  |  Retail

America’s last major video rental store chain has finally yelled “Cut!” on its brick-and-mortar operation. Family Video, which operates some 200 stores in 17 Midwest...

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Whole Paycheck: Amazon And Walmart Use Drones, Self-Driving Trucks And 767s to Beat Each Other At Delivery 
Whole Paycheck: Amazon And Walmart Use Drones, Self-Driving Trucks And 767s to Beat Each Other...
January 08, 2021  |  Walmart Amazon whole paycheck

Winning the battle for the consumer’s whole paycheck requires winning the battle for delivery, and Amazon and Walmart are throwing everything from driverless trucks to...

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NRF Economist: Expect ‘Meaningful Recovery’ And Sub-6 Pct Jobless Rate This Year 
NRF Economist: Expect ‘Meaningful Recovery’ And Sub-6 Pct Jobless Rate This Year 
January 08, 2021  |  Retail

The U.S. economy should see a “meaningful economy recovery” in 2021 as vaccines battle the pandemic and fresh government stimulus kicks in, according to Chief...

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Positive Developments In Retail, eCommerce Amid The Pandemic
Positive Developments In Retail, eCommerce Amid The Pandemic
January 08, 2021  |  Today In Data

Bed Bath & Beyond reported that comparable digital sales increased throughout its brands at a time when the pandemic is serving as a headwind to its store...

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PriceSmart Net Merchandise Sales Rise 7.7 Pct
PriceSmart Net Merchandise Sales Rise 7.7 Pct
January 08, 2021  |  Retail

Warehouse club retailer PriceSmart, Inc. reported as part of its Q1 fiscal 2021 operating results that net merchandise sales climbed 7.7 percent to $838.4 million from...

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CarLotz Gets Go-Ahead From Its Shareholders For Merger With SPAC
CarLotz Gets Go-Ahead From Its Shareholders For Merger With SPAC
January 08, 2021  |  Retail

CarLotz, Inc. said on Friday (Jan. 8) that it has attained the needed green light from its shareholders, including the go-ahead from a supermajority of...

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US Nonfarm Jobs Fell In December By 140,000; Hospitality Posts Big Losses
US Nonfarm Jobs Fell In December By 140,000; Hospitality Posts Big Losses
January 08, 2021  |  Economy

The U.S. Bureau of Labor Statistics reported on Friday (Jan. 8) that the country lost 140,000 nonfarm jobs in December — putting an end to...

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Identifying And Reducing Payments Friction, One Vertical At A Time
Identifying And Reducing Payments Friction, One Vertical At A Time
January 08, 2021  |  Payment Methods

Legendary mid-20th-century management consultant W. Edwards Deming once said, “Inspection to improve quality is too late, ineffective, costly. Quality comes not from inspection, but from...

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B2B FinTech Kicks Off 2021 With An Investment Bang
B2B FinTech Kicks Off 2021 With An Investment Bang
January 08, 2021  |  B2B Payments

B2B FinTech startups have stepped into 2021 with a bang, as industry players raised more than $910 million in combined funding. Backers zeroed-in on a...

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