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Walmart Aims To Build Décor, Clothing Business

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eCommerce business president and chief executive officer, said the merchant is dedicated to providing shoppers with an attractive assortment of online goods, and, for that reason, it bought brands such as Bonobos, CNBC reported. It purchased Jet.com in 2016 for $3.3 Marc Lore, who is Walmart’s U.S.

Houston 178
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Warehouse Space Going For Premium Rates

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Brick-and-mortar merchants are far from being free from the problems that plague their particular brand of retail, but even they have to look at online retail rising rents for warehouse space with a little bit of mirth. As of Q2 2016, industrial warehouse space declined by 8.8 percent — the lowest such figure since 2001.

Honolulu 100
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Oprah Enters The Restaurant World

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As of today, the international media titan has announced an investment in True Food Kitchen , a healthy eating startup based out of Houston. The size of Oprah’s equity investment is unknown, but apart from money, she is offering her literal presence – she will be joining the brand’s board and acting as a consultant.

Phoenix 111
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CVS Health Unveils Atlanta HealthHUBs; Target’s Digital Sales Rise Despite Slow Growth

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CVS Health started to test out HealthHUB locations last year in Houston to “overwhelming customer satisfaction” per the announcement. According to previous reports, Boston, Dallas-Fort Worth, North Carolina, and Ohio are among the next markets the pharmacy chain is targeting for the growth of HealthHUB in 2020. percent and rose 5.8

Atlanta 131
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Why Online Retailers Go To Nordstrom To Try On Physical Retail

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While this early part of 2016 has been some tough sledding for Nordstrom on the sales and revenue front, The Street in many corners continues to look favorably on the high-end retailer. Through a reasonable long game, Nordstrom has positioned itself as the department store du jour for hot young brands in real world commerce.

Retail 100
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Retail Pulse: Mattress Firm Mulls Bankruptcy; Walmart Plans Robotic Grocery Pickup

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The brand could close between 600 to 1,000 of its 3,000 locations this year, according to some predictions – and is reportedly considering bankruptcy, people familiar with the matter have told Reuters. Steinhoff International Holdings NV, which acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt.

Retail 105
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Uber and Lyft Drivers Could Gain Access to Digital Ad Revenue

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It launched out of beta in December 2018, and in the intervening months, it’s garnered support from brands like Brex, Segment, Caviar, Zumper, and others.”. percent of respondents said they participated in the gig economy, the highest number since Q3 2016. Digital Screens. In Q3 2018, 35.6 percent) than in Q1 2018 (27.0

Detroit 123