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Grocery Tracker: Food Markets’ Lag In Online Presence

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In other organic grocery news, former Sprouts Farmers Market CEO and current Chairman Doug Sanders is reportedly stepping down from his board position effective Feb. Overall, online retail in the U.S. has seen uninterrupted growth since 2011. Online grocery sales are expected to more than double in the U.S.

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Canadian D2C Seller Brings Unique Business Model To Furniture Market

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That competition has also extended to high-end furniture market, which is starting to show some new activity with Crate & Barrell, CB2, West Elm and now a direct-to-consumer (D2C) Canadian brand called Article gaining momentum. Article is an online furniture pure-play. percent of the market, with Amazon coming in second with a 29.7

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DraftKings To Merge, IPO At A $3.3B Market Value

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Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company said the deal with DraftKings turns it into the “only vertically-integrated pure-play sports betting and online gaming company,” the company said in a release.

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PetSmart Acquires Leading Online Pet Food Retailer

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PetSmart is boosting its digital offerings through the acquisition of Chewy, the leading online retailer of pet food and products. After the deal is closed, Chewy, which was founded in 2011, will continue to be led by CEO Ryan Cohen and operate primarily as an independent subsidiary of PetSmart.

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Online Liquidation Enjoys Fresh Growth As More Consumers Embrace Returns

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Online liquidation is nothing new, of course, but it’s gaining force and taking new forms, as the YouTube videos demonstrate. Online liquidation is nothing new, of course, but it’s gaining force and taking new forms, as the YouTube videos demonstrate. More Returns. Groupon Move?

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Online Styling Company Stitch Fix Might Be Considering IPO

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Online styling company Stitch Fix is in preliminary discussions with bankers regarding an initial public offering, according to Fortune. Founded in 2011, the company offers a subscription service of regular fashion “fixes,” or curated boxes of clothing compiled by both human stylists and data analytics.

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Report: Digital Lender SoFi Eyes IPO Via SPAC

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Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. Because of the pandemic, he said, younger people have begun investing, seeing the market downturns as an opportunity.

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