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Fashion Retailer rue21 Strikes Deal To Retire Debt

PYMNTS

Fashion retailer rue21 (r21 Holdings, Inc.) The retailer modified its asset-based credit facility to bolster availability to $155 million due 2025 headed up by Bank of America, N.A. The retailer also opened three new physical retail shops, with another 15 in the works for 2021. million members.

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

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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.

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Retailers Focus On Visual Search For Apps, Kiosks

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70 percent : Minimum share of Gen Z consumers who use shoppable feed experiences to learn more about brands. percent: CAGR of the global interactive kiosk market from 2019 to 2025. Data: 2019: The year Tommy Hilfiger introduced its visual commerce app via desktop and mobile at tommy.com.

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The Rise Of Digital Technology In Retail And Authentication 

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17.37B : Amount that brands are projected to spend on advertising on eCommerce sites and apps this year. 6.2B : Minimum number of digital ID apps expected to be in use by 2025. 74% : Share by which Walmart’s U.S. eCommerce sales increased year over year in the first quarter. 31.9M : Net income that Dillard’s posted for Q3.

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Oracle Retail: Shoppers Value Control In Retail Technologies

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A new study from Oracle revealed that consumers are more willing to engage with brands that offer new retail technology if they are able to exert control over their experience. This signals brands to focus on building a strong foundation to win trust.

Retail 101
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Mondel?z Grows eCommerce Business, Emphasizes Local Brands

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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.

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Amazon Debuts Private Label Skincare Brand

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The collection has 12 different items, which range from vitamin C serums to retinol moisturizer, the eCommerce retailer said in an announcement. Amazon.com Head of Beauty for Private Brands Kara Trousdale said in the announcement, “Our goal is to help customers spend less time and money searching for the right skincare solutions.”

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