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Tag Archives: Retail

Six tech retail trends for 2019 that go beyond Amazon

<div _ngcontent-c14 = "" innerhtml = " Cashierless robotic assistant shops are among the items on the retailers' tech shopping lists at this year's NRF Retail Big Show. Andria Cheng Tech to Compete With a Disruptive Amazon will continue to be a key element of the retail game of 2019. But it's not the only thing that makes the retailer's …

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Retail slips off noon while Nordstrom offers yet another bestseller from Investing.com

© Reuters. Investing.com – The slowdown in holiday sales pushed retailers down in midday trading as Nordstrom (NYSE 🙂 said it would need promotions after disappointing sales in December to eliminate excess inventories. Nordstrom lost 7.6% in midday trading when two Wall Street analysts downgraded the company's stock due to weak department store trends. Goldman Sachs (NYSE 🙂 downgraded Nordstrom …

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Toys R Us: Ollie's Bargain Outlet buys what's left of the retail giant

"A comic picture of their founder looks weird, but people seem to like it," said Neil Saunders, Managing Director at GlobalData Retail. On Friday, Ollie & # 39; s said retail store sales rose 7.1% a year ago and raised its guidelines. But is America ready for another Ollie's bargain? Space heaters on garden chairs Ollie is currently liquidating Toys …

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Dow becomes positive as equities shake off retail

Here are 3 hot things to know about stocks The Dow Jones Industrial Average rises Thursday and climbs for the fifth time in a row. Ford Motor Co. (F) lost 0.3% after the automaker said it would leave some of Europe's largest markets and reduce thousands of jobs as car sales shrank worldwide. Macy's Inc. (M) fell 18.3% after the …

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Amazon antidote for retail: buy online, pick up at the store

Offering free digital pick-up orders to customers has become an important part of the strategy of these retailers to compete against Amazon's fast and extensive supply network. Retailers have covered the country with business pick-up options in recent years, and these investments have paid off during the holidays. Buy online, spending on store pickup from November 1 through December 19 …

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Asos shares plummet by 40% as European retail chill issues fail online

British online fashion retailer shares fell 40% on Monday after warning that weak sales in the crucial month of November would hurt its 2018 annual profit. "The current environment of economic uncertainty in many of our large companies" Markets, coupled with a decline in consumer confidence, have led to the weakest growth in online apparel in recent years, "a statement …

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met Goldman in Malaysia; Nissan board meeting; Pain in retail

The US investment bank and two of its former employees are accused of breaking Malaysian securities laws, Malaysian attorney general Tommy Thomas said in a statement Monday. Thomas added. Goldman Sachs (GS) spokesman said in a separate statement that the bank would "vigorously defend against the charges". . 2 Carlos Ghosn Fallout: The Nissan (NSANY) board meets on Monday with …

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Retail sales increased 0.2% in November, meeting expectations

US. Consumer spending seemed to be gaining momentum in November as households bought furniture, electronics and a range of other goods, further easing fears of a significant economic slowdown. Building materials and food services rose 0.9 percent last month, after being revised up 0.7 percent in October. These so-called core retail sales, which correspond most closely to the consumption component …

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Retail sales increased 0.2% in November, meeting expectations

US. Consumer spending seemed to be gaining momentum in November as households bought furniture, electronics and a range of other goods, further easing fears of a significant economic slowdown. Building materials and food services rose 0.9 percent last month, after being revised up 0.7 percent in October. These so-called core retail sales, which correspond most closely to the consumption component …

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First retail stores on the East Coast in Mass. Tuesday

LEICESTER, Mass. – The Massachusetts Cannabis Control Commission has granted approval for two stores to begin selling marijuana starting on Tuesday. The commission authorized Cultivate Holdings LLC and New England Treatment Access (NETA) LLC to begin selling marijuana and marijuana products. Cultivate is a registered medical marijuana pharmacy on Main Street in Leicester. NETA's business is located at 118 Conz …

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