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Retail Pulse: Amazon Grows 4-Star Footprint; Forever 21 Files For Bankruptcy

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Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. There are also digital price tags for every item, and Prime members can pay the discounted online price for their selections at the store. In Other Brick-and-Mortar News.

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Forever 21 Files For Bankruptcy; Plans To Exit Asia, Europe

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The filing will allow the retailer to continue operating while it attempts to reorganize the business and return to profitability. The company is struggling with online competition and changing clothing trends, like sustainable fashion and secondhand clothing. Forever 21 plans to close up to 178 stores in the U.S.,

Retail 148
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Can Google Fight Off Amazon And Facebook In Online Ad Race?

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Google appears to be losing steam in the ongoing race to dominate the online advertising market, and competitors Amazon and Facebook are taking advantage of the stumbles. Another issue is attached to this recent news: Searches – specifically, product searches, which help drive online commerce. YouTube Concerns.

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FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

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When Home Depot announced last month its plans to acquire HD Supply Holdings , it wasn’t just a sign of expansion for the home improvement retailer. According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows.

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Matching Digital Security To Digital Services

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40 percent: Share of all packages ordered online expected to be delivered within two hours by 2028. 70 percent: Share of customers who have purchased packaged goods online. 60 percent – 70 percent: Share of data breaches that happen in the United States.

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How kimkim Uses Faster Payments To Win Gig Worker Loyalty

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Gig workers will make up a full half of the American workforce by 2028, responsible for creating online content, designing webpages and conducting local food or historical tours, as well as ferrying passengers for rideshares or renting out their homes on homesharing platforms. This growing segment of workers took home $1.4

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How FashionPass Is Innovating Clothing Rentals

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billion by 2028 and millennial women are leading the charge, according to Brittany Johnson, CEO and co-founder of online subscription-based clothing service FashionPass. It’s almost become the norm for women in their twenties and thirties [to buy clothes online] because it’s how they grew up,” she said.