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Today In Retail: Ross Stores’ Traffic Hit By Pandemic; Vestiaire Collective Completes $215 Million Round

Today In Retail: Ross Stores’ Traffic Hit By Pandemic; Vestiaire Collective Completes $215 Million Round
Today In Retail: Ross Stores’ Traffic Hit By Pandemic; Vestiaire Collective Completes $215 Million Round
March 03, 2021  |  Retail

In today’s top retail news, Ross Stores, Inc. said its fourth-quarter sales exceeded forecasts but the pandemic proved to be a hurdle for traffic, while...

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Europe, China Move Forward With Vaccine Passport Plans
Europe, China Move Forward With Vaccine Passport Plans
March 03, 2021  |  International

The drive for vaccine passports is picking up speed, as the European Union and China said they would be moving forward with new programs. Get...

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Contextual Commerce Expands Beyond Social Media
Contextual Commerce Expands Beyond Social Media
March 03, 2021  |  Retail

The contextual commerce wave has been building for quite some time. In 2018 — a full two years before the words “global pandemic” became a...

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Today In Payments Around The World: Payments Canada Taps Interac For Real-Time Services; EU Could Face Recession
Today In Payments Around The World: Payments Canada Taps Interac For Real-Time Services; EU Could...
March 03, 2021  |  News

In today’s top payments news around the world, Payments Canada will work with Interac Corp. to function as the exchange service provider for the country’s...

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Target Expands Grocery Pickup Options As Food Spend Increases
Target Expands Grocery Pickup Options As Food Spend Increases
March 03, 2021  |  Retail

Target began rolling out grocery pickup and drive-up across the United States over the summer in an effort to compete with the low-contact options offered...

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SoftBank Plans Big PayPay Push In Wake Of Line Pay Merger
SoftBank Plans Big PayPay Push In Wake Of Line Pay Merger
March 03, 2021  |  Digital Payments

SoftBank is out to double the users of its PayPay QR code payments app in the next three to four years, Reuters reported. Get the...

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Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
March 03, 2021  |  Retail

Luxury retailer Nordstrom said it posted a 20 percent decrease in fourth-quarter sales and an 82 percent decline in earnings as higher than expected merchandise...

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Dollar Tree To Ramp Up Combo Stores And New Locations In Bid To Boost Sales Growth
Dollar Tree To Ramp Up Combo Stores And New Locations In Bid To Boost Sales...
March 03, 2021  |  Retail

Dollar Tree, the country’s second-largest operator of discount stores, said Wednesday (March 3) that it is accelerating store growth and renovations this year as it...

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Digital Technology Fuels Retail Sales, Disbursements 
Digital Technology Fuels Retail Sales, Disbursements 
March 03, 2021  |  Today In Data

Target said that years of investments into its omnichannel capabilities fueled record sales and earnings for its most recent quarter and the full year. In department store retail,...

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