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Retail Bankruptcies Fuel The Overstored Debate

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Another bankruptcy; another week of trying to sort out the problems at retail. simply has too many stores to support them all and the “retail apocalypse” is simply as natural as a snake shedding skin. The issue was raised by Horan Capital analyst David Templeton in his Monday (Feb. square feet of retail space for every consumer.

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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

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True Religion was acquired for $824 million in 2013 by London-based capital investment firm TowerBrook Investment Partners, and ended up filing for bankruptcy in 2017. Due to the pandemic forcing stores to close, around a million employees of various brands and retailers have been furloughed.

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Could Retail Job Growth Actually Save Companies Money?

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The news from the Bureau of Labor Statistics (BLS) last week that the retail industry added 48,000 new jobs in March — bringing the increase to 378,000 new jobs over the past 12 months — appears to be positive on a number of fronts. And while the number of retail jobs in the U.S. While it’s reasonable to presume that any U.S.

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Today In B2B: ICICI Integrates AlignBooks; Everpeaks Debuts Logistics Portal

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The round comes with a new confidence in small to medium-sized business (SMB) FinTech solutions, as Bookkeeper360’s total capital funding hits $2.1 One pick might be Renata Hesse , who has served numerous stints at the DOJ since 2002 and was acting attorney general from mid-2016 through January 2017, according to Reuters.

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Fat Brain Toys Navigates Pandemic With Agile Business Model

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On one side are the manufacturers and retailers that are waiting for the licensed products that drive the big sales. Fat Brain is an independent toy retailer that has navigated the pandemic with an agile business model and an emphasis on learning. Another factor that differentiates Fat Brain from its retail peers is marketing.

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Equifax Names New Executive For USIS Unit

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During Begor’s 35 years at General Electric, Equifax said, he was in charge of multibillion-dollar business units as president and CEO of GE Energy Management from 2014 to 2016, president and CEO of GE Capital Real Estate from 2011 to 2014 and president and CEO of GE Capital Retail Finance (Synchrony Financial) from 2002 to 2011.

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With Five-And-Dime Roots, Five Below’s Still Making It On Main Street In The Amazon Era

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That retailer would be Five Below, which, after opening its doors in 2002, called itself “the Five-and-Dime for the iPod Generation” in a 2011 press release. And, according to a recent Wall Street Journal article, the retailer is thriving — even in the age of eCommerce, and, well, Amazon. The New Five-And-Dime Store.

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