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Retail Pulse: Walmart Provides Health Career Path; Inspire Brands To Buy Jimmy John’s

PYMNTS

Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for healthcare roles. said in the announcement about the offering, “Walmart aims to be the market leader in providing retail workers a path to careers in growing fields like healthcare.

Branding 101
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Japan Tests Robotic Bartender In Push For Retail Automation

PYMNTS

The robot offers beverages in an establishment operated by the Yoronotaki restaurant firm, Reuters reported. Japan foresees a shortfall of 380,000 workers by 2025 in just the healthcare sector alone. Testing of the robotic bartender will take two months. After that time period, Yoronotaki will analyze the test results.

Retail 131
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Mondel?z Grows eCommerce Business, Emphasizes Local Brands

PYMNTS

Chief Executive Officer Dirk Van de Put said in a conference call with analysts on Tuesday (July 30), that the company is committed to “increasing and optimizing investment” behind its global and local brands as well as channels “to create a solid foundation for future growth.” Nutter Butter, which he said is an “iconic U.S.

Branding 116
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How Cannabidiol Products Are Infusing Luxury Retail

PYMNTS

Worldwide legal cannabis products represented a $55 billion market in 2018, and most analysts estimate that it will have nearly tripled to reach $147 billion by 2025. By 2025, estimates put it in the $15 billion range. Our CBD assortment is an important part of our brand’s commitment to the health and well-being of our customers.”.

Retail 136
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Farfetch IPO Shows Luxury Retailers Ready To Ware Online

PYMNTS

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. In citing some stats, the company said that the global market for luxury goods stood at $307 billion last year and should reach as much as $446 billion by 2025, per Bain.

Online 101
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Luxury Retail, Luxury Fraud: How Neiman Marcus Is Battling Fraudsters

PYMNTS

Retailers raked in more than $850 billion during the 2018 holiday season, marking the fastest holiday retail sales growth seen in the past six years. Luxury retailers have been slower to move online than some other retailers, but the impact of online sales in this industry can already be seen.

Fraud 109
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Creating A Mainstream US CBD Market

PYMNTS

CBD has in short order become something of a retail fad. Short for cannabidiol, CBD is a chemical derived from cannabis plants that is increasingly favored for a whole host of medical and wellness related applications across the retail spectrum. CBD alone is forecast to be worth $16 billion by the year 2025. Probably not.

Marketing 124