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What Famed Boston Eatery Petit Robert’s Owner Sees As Restaurants’ Future

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Boston’s Petit Robert Bistro , one of the city’s fanciest French restaurants, started 2020 with expectations that were anything but small. But as Massachusetts slowly lifts its ban on most retail operations, Le Garrec said there are still more unknowns than knowns for restaurateurs like himself.

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Today In Retail: Wayfair Exceeds Estimates; Carvana Sales Surge; SA Company Pivots With Pandemic

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These are the top stories in retail for Tuesday (Nov. Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong third quarter financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”.

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Gambling Site DraftKings To Sell More Shares In $1.6B IPO

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While questions linger over the 2020 sports season, that hasn’t stopped DraftKings from upping its previously announced initial public offering (IPO) to 40 million shares of stock. . The Boston-based online sports gambling company announced Friday (June 19) it will sell 16 million shares of its stock. billion. . “By

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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

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You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Almost half, 45 percent, have shifted digital to shop for retail products, and one in five to shop for groceries and order food from restaurants.

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The Retail Pulse: ‘Eat Fresh’ Goes Stale

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Store count isn’t everything,” CEO Suzanne Greco told The Boston Globe. It’s just not what people want anymore,” Bob Phibbs, CEO of New York consultancy The Retail Doctor, told The Washington Post. “If The retailer said it has secured $725 million in debtor-in-possession financing as the case proceeds through bankruptcy court.

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Saving Main Street From Its Downward Pandemic Spiral

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The pandemic and its unexpected duration have put an exclamation mark on this powerful dynamic in the physical world by accelerating the demise of the shops, malls and restaurants that were already on shaky ground in January of 2020. The owner of an upscale hair salon in Boston is an example of a business living this reality.

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QSRs Supersize Their Digital Ante

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in early 2020 through an agreement with Uber Eats.”. This rapid growth is expected to boost the market’s value to $38 billion by 2020. Need more evidence of the rise of mobile-order ahead offerings as 2019 gives way to 2020? Mobile represents roughly 60 percent of all digital restaurant orders today. Just look to Google.

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