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Stitch Fix Announces Layoffs of 1,400 California Stylists

Stitch Fix Announces Layoffs of 1,400 California Stylists
Stitch Fix Announces Layoffs of 1,400 California Stylists
June 02, 2020  |  Retail

As it looks to hire employees in lower-cost states, Stitch Fix Inc. told its approximately 1,400 California-based stylists that they would be laid off. Many...

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Slight Uptick Reported In Retail Rent Payments
Slight Uptick Reported In Retail Rent Payments
June 02, 2020  |  Retail

Another month of the pandemic and another first of the month when retail lease payments are due. As the crisis enters its fourth month, counting...

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Mastercard’s Fintech Express Aims To Fuel European Startups
Mastercard’s Fintech Express Aims To Fuel European Startups
June 02, 2020  |  Europe

Mastercard has added a program designed to assist FinTech startups in Europe with quickly launching and expanding, the company announced on Tuesday (June 2). Get...

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Retail Advocacy Groups Mix Urgency And Cautious Optimism
Retail Advocacy Groups Mix Urgency And Cautious Optimism
June 02, 2020  |  Retail

The forces closing in on retail have forced its various trade and advocacy groups to press their case in Washington. Among those forces: 2.1 million...

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DTC Sports Uniform Companies Pivot For The Pandemic   
DTC Sports Uniform Companies Pivot For The Pandemic   
June 02, 2020  |  Today In Data

School sports uniforms have been brought into the digital age by direct-to-consumer (DTC) companies such as SquadLocker. The company took an innovative business model and strong sales momentum...

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Smart Retailers Inspire Confidence Via Cleanliness
Smart Retailers Inspire Confidence Via Cleanliness
June 02, 2020  |  Retail

Integrity. Honesty. Value. Customer-centricity. The list of positive retail brand attributes goes on and on, but one new post-pandemic value has become more important than...

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Dick’s Sporting Goods Sees eCommerce Sales Surge 110 Pct In Q1
Dick’s Sporting Goods Sees eCommerce Sales Surge 110 Pct In Q1
June 02, 2020  |  Retail

As consolidated same-store sales dropped nearly 30 percent fueled by temporary store closures due to the coronavirus, Dick’s Sporting Goods reported that eCommerce sales jumped...

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Digital-First Banking With A Human Feel
Digital-First Banking With A Human Feel
June 02, 2020  |  Banking

Great idea, perfect timing. That about sums up the enviable position in which digital-first banking finds itself post-pandemic, given the mass epiphany of the past...

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