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Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
February 25, 2021  |  Retail

The fourth-quarter earnings at two of the country’s largest sellers of home goods and electronics both benefited from the so-called COVID nesting trend, but the...

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Consumer Interest In Retail And Banking Innovations
Consumer Interest In Retail And Banking Innovations
February 25, 2021  |  Today In Data

Streaming commerce upstart TalkShop.Live is gaining converts and conversations, as well as a recent infusion of seed capital. In retail earnings, Lowe’s reported a rise in total sales for its...

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TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
February 25, 2021  |  Retail

Given that roughly 15 percent, or 690, of TJX Corporation’s off-price retail stores in Europe and Canada are currently still closed due to pandemic restrictions,...

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Drinks.com CEO Says Uber-Drizly Deal Validates Growth Of Omnichannel Alcohol Sales
Drinks.com CEO Says Uber-Drizly Deal Validates Growth Of Omnichannel Alcohol Sales
February 25, 2021  |  Retail

You might think that the head of a major wine delivery service would be worried about the prospect of Uber’s $1.1 billion acquisition of 60-minute...

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Klarna Reports $53 Billion In Gross Merchandise Volume For 2020
Klarna Reports $53 Billion In Gross Merchandise Volume For 2020
February 25, 2021  |  Retail

Klarna reported record gross merchandise volume for the full year January to December 2020, with total net operating income exceeding $1 billion, according to a...

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Affirm Launching Buy Now, Pay Later Debit Card
Affirm Launching Buy Now, Pay Later Debit Card
February 25, 2021  |  Buy Now Pay Later

Silicon Valley FinTech Affirm is launching a debit card with buy now, pay later (BNPL) functionality, the company announced in a Thursday (Feb. 25) blog...

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Department Store Retailer Belk Completes Financial Restructuring
Department Store Retailer Belk Completes Financial Restructuring
February 25, 2021  |  Retail

Belk has finished its financial restructuring, working out an accelerated pre-packaged single-day reorganization. The department store retailer’s plan of reorganization garnered near-full support from its...

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Coinbase S-1 Shows The Rewards (And Risks) Of Bitcoin Trading   
Coinbase S-1 Shows The Rewards (And Risks) Of Bitcoin Trading   
February 25, 2021  |  Cryptocurrency

The markets are lofty, and the queue of companies filing to go public is getting longer. Get the Full Story Complete the form to unlock...

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Advent’s TSG, Clearent Merger Would Create $3 Billion Payments Firm
Advent’s TSG, Clearent Merger Would Create $3 Billion Payments Firm
February 25, 2021  |  Partnerships / Acquisitions

A merger of payments firms Transaction Services Group (TSG) and Clearent is said to be in the works by the private equity firm Advent International,...

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