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Lower Sales Numbers Send Shake Shack Shares Down 17 Pct

Lower Sales Numbers Send Shake Shack Shares Down 17 Pct
Lower Sales Numbers Send Shake Shack Shares Down 17 Pct
February 25, 2020  |  Retail

After Shake Shack Inc. registered less-than-expected comparable sales and set disappointing targets for this year, the quick-service restaurant’s stock dropped on Tuesday (Feb. 25) as...

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Streaming Makes Up 80 Pct Of Music Industry Sales
Streaming Makes Up 80 Pct Of Music Industry Sales
February 25, 2020  |  Retail

Streaming services from companies like Spotify, Apple and Amazon have helped to fuel an increase in sales and profitability for the music industry. Music sales...

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Canada Prepares For Future Digital Currency
Canada Prepares For Future Digital Currency
February 25, 2020  |  Cryptocurrency

The Central Bank of Canada said that while it will not be issuing a digital currency anytime soon, it will still develop a blueprint in...

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US Gov’t Wants To Require Disclosure Of X-Border Crypto Trading
US Gov’t Wants To Require Disclosure Of X-Border Crypto Trading
February 25, 2020  |  Cryptocurrency

The Commerce Department’s Bureau of Economic Analysis (BEA) in the U.S. wants to change a rule for a survey that compels financial service companies to...

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eBay To Expand Payment Options In The UK
eBay To Expand Payment Options In The UK
February 25, 2020  |  eCommerce

Online marketplace eBay has announced that it’s going to expand its “management of payments” to the United Kingdom, which will mean more payment options for...

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Expedia To Cut 12 Pct. Of Staff
Expedia To Cut 12 Pct. Of Staff
February 25, 2020  |  Personnel

Travel site Expedia has announced that it will cut 3,000 workers in an attempt to streamline its “bloated” company after the exit of its CFO...

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Fifth Wall Invites eComm Pure Plays To The Mall
Fifth Wall Invites eComm Pure Plays To The Mall
February 25, 2020  |  Retail

Mall landlords strike again. In a good way, of course, as alt-VC firm Fifth Wall closes on a $100 million fund to help eCommerce pure...

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Victims Of Tech Support Scam Get Refunds
Victims Of Tech Support Scam Get Refunds
February 25, 2020  |  Cybersecurity

To support scam victims, the Federal Trade Commission (FTC) will start to send refunds of over $1.7 million to consumers who fell victim to a...

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