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UK Fines Fender To The Tune Of $5.9M Over Anti-Competition Charges
UK Fines Fender To The Tune Of $5.9M Over Anti-Competition Charges
January 23, 2020  |  Retail

Guitar-maker Fender allegedly pressured online retailers to sell its products at inflated prices. The European arm of the company has consequently been penalized £4.5 million...

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RTP Raises Transaction Threshold To $100K
RTP Raises Transaction Threshold To $100K
January 23, 2020  |  Payment Methods

The Clearing House (TCH) is upping the value limit for transactions from the current level of $25,000 to $100,000 starting Feb. 1, TCH announced on...

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Apple Brings Connected Fitness To The Gym With New Apple Watch Effort
Apple Brings Connected Fitness To The Gym With New Apple Watch Effort
January 23, 2020  |  Retail

With new fitness collaborations that make it simpler for Apple Watch owners to accrue rewards, purchase items and monitor workouts, Apple unveiled its “Apple Watch Connected” gym...

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SoftBank-Backed Grofers Hires 4K Employees For Shopping Event
SoftBank-Backed Grofers Hires 4K Employees For Shopping Event
January 23, 2020  |  Retail

Online grocery company Grofers has contributed ₹100 crore to boost its India operations. A top official also confirmed that the company has hired 4,000 more...

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Fairway Said To Seek Bankruptcy That Keeps Some Stores Open
Fairway Said To Seek Bankruptcy That Keeps Some Stores Open
January 23, 2020  |  Retail

Grocery chain Fairway is in bankruptcy negotiations with Village Super Market Inc. to keep some stores open as Fairway attempts to sell the company, Bloomberg...

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Express To Shutter 100 Stores To Save $80M Per Year
Express To Shutter 100 Stores To Save $80M Per Year
January 23, 2020  |  Retail

By closing 100 stores in the next two years, Express aims to save around $80 million annually over the next three years, as reported by...

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Grubhub Launches ‘Ultimate’ Workflow System To Simplify Order-Ahead
Grubhub Launches ‘Ultimate’ Workflow System To Simplify Order-Ahead
January 23, 2020  |  Retail

With proprietary hardware and software that brings together all restaurant ordering channels into one system, Grubhub rolled out its Ultimate technology. The product is a...

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OCC Prepares Civil Suit Against Former Wells Fargo Executives
OCC Prepares Civil Suit Against Former Wells Fargo Executives
January 23, 2020  |  Security & Fraud

A Wells Fargo regulator is planning to slap former company executives with civil charges associated with their position in its retail banking scandals, people familiar...

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FedEx Officially Launches Sunday Delivery
FedEx Officially Launches Sunday Delivery
January 23, 2020  |  Delivery

FedEx Ground has expanded home delivery to include Sundays, the company announced Wednesday (Jan. 22).  Get the Full Story Complete the form to unlock this...

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