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IKEA Tests Furniture Rentals

IKEA Tests Furniture Rentals
IKEA Tests Furniture Rentals
February 01, 2018  |  Retail

To reach more consumers and foster more eco-friendly operations, IKEA is testing out renting its furniture offerings in Japan, Curbed reported Wednesday (Jan. 31). Get the...

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H&M Plans To Shutter 170 Stores This Year
H&M Plans To Shutter 170 Stores This Year
February 01, 2018  |  Retail

Fashion retailer H&M plans to shutter more than 170 of its brick-and-mortar locations this year through its largest store closure program in at least 10...

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Farfetch Looks To Mobile To Improve Shopping Experience
Farfetch Looks To Mobile To Improve Shopping Experience
February 01, 2018  |  Retail

Online marketplace Farfetch is planning to launch new mobile technology that will allow shoppers to flag items with their phones as they shop in stores....

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Facebook Traffic Stalls, Stock Gets Slammed
Facebook Traffic Stalls, Stock Gets Slammed
February 01, 2018  |  Earnings

Facebook is looking to reassure investors that its digital advertising business has a future of strength ahead of it, despite slightly slipping usage and a...

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SoftBank Takes Majority Share In LINE MOBILE
SoftBank Takes Majority Share In LINE MOBILE
February 01, 2018  |  Investments

SoftBank is acquiring a majority stake in LINE MOBILE, a subsidiary of Line Corporation, which owns and operates the messaging app LINE. Get the Full...

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Moven To Buy US Bank, Create Joint Venture In Japan With SBI
Moven To Buy US Bank, Create Joint Venture In Japan With SBI
February 01, 2018  |  Partnerships

Mobile-first bank Moven has signed a memorandum of understanding (MoU) with financial services provider SBI Group, the Japanese owner of SoftBank. Get the Full Story...

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Government Piloting Debit Card To Rein In Student Loan Refund Spend
Government Piloting Debit Card To Rein In Student Loan Refund Spend
February 01, 2018  |  Payments Innovation

The Department of Education is gearing up to roll out a pilot program in which college students’ federal financial aid surpluses will be distributed via...

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SoFi Says Bye-Bye To 5 Percent Of Its Staff
SoFi Says Bye-Bye To 5 Percent Of Its Staff
February 01, 2018  |  Alternative Credit

Social Finance — the online lender better known as SoFi — will be laying off dozens of workers in its mortgage division, despite the fact...

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