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Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend

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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