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BNPL Firm Sezzle Allies With Ally Lending To Expand Loan Options

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This will allow the Minneapolis-based Sezzle to offer more long-term loans. Our collaboration with Ally Lending enhances our customer financing offerings, making it possible for consumers to better manage their finances," said Charlie Youakim , executive chairman and CEO of Sezzle, in a press release.

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Mall Parking Lots Now Revenue Streams For Owners

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into outdoor venues in Denver, Dallas, Houston, Minneapolis and Woodbridge, New Jersey, with more such venues on the way, CNBC reported. Michelle Snyder , chief marketing officer of Brookfield’s retail arm, said the idea was to keep making money even through the pandemic’s dissolution of many old standards of events.

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LVMH Eyes Ways To Change $16.2B Tiffany & Co Purchase

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social unrest have had on the retail vertical, Reuters reported. LVMH CEO Bernard Arnault said in November that Tiffany would “thrive for centuries to come” under his company’s management. jewelry market. LVMH is considering walking back its deal to purchase Tiffany & Co.

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Instacart Raises $271M On $7.8B Valuation

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hedge fund Tiger Global Management and existing investors Coatue Management and Valiant Capital. We want to make grocery shopping effortless by helping our customers get the groceries they need from the retailers they love. A source told Reuters that the additional funding comes from investors, including U.S.

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Macy’s Misses On Holiday Sales

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The holiday season was a bit less merry, from a comparable sales perspective, than Macy’s had been forecasting, as the department store retailer cut its holiday sales forecast. Target , which actually reported stronger than forecasted growth in November and December, got dragged down in the sour mood in the market by 1 percent.

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Carl Icahn Bets On Mall Owners Defaulting On Debt

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But not everyone has lost faith in malls, with two of the largest money managers, Putnam Investments and AllianceBernstein Holding LP , holding a more positive outlook for the industry. Retail malls have also been looking at innovative ways to lease out their space.

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Big Cuts Coming To Macy’s

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Over 10K will be on the chopping block as recently embattled retailer Macy’s gears up for its next round of layoffs and store closures. But some of the shut-downs will be historic spots for Macy’s — downtown Minneapolis’ store opened in 1902, and 280 employees will be let go when the location shutters. percent to $32.70

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