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ALDI Plans 70 New Store Openings In Expansion Push

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As it begins a new period of growth, ALDI intends to open over 70 new retail locations by the conclusion of 2020. The value grocery chain also said it intended to come into the greater Phoenix market and continue to support Gulf Coast store growth with a new Alabama distribution center, according to a Tuesday (July 21) announcement.

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Chase Plans Expansion In Top US Markets In 2019

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Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C Chase said it will also open branches in locations close to major universities in Auburn, Alabama and Lincoln, Nebraska. area, Philadelphia and Boston.

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PNC Eyes Buying US Unit Of Spain's BBVA, Report Says

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The deal, the report stated, would result in a bank with over $550 billion in assets and the fifth-largest retail bank in the country. The acquisition could have the effect of boosting PNC's presence in the southeast and west where the markets are growing quickly, according to WSJ. A deal would also signal a BBVA pullback from the U.S.,

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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. A data team from the eCommerce retailer determines what is sold at the locations, Amazon Physical Stores Director Drew Sheriff told MetroWest Daily News.

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Amazon, Whole Foods, ALDI Open Grocery Stores Despite Pandemic

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Amazon Fresh, a new physical retail concept from Amazon, is setting up shop in four locations in the Chicago market, the Chicago Tribune reported. Furthermore, Whole Foods Market lists new store openings In Sherman Oaks, California; Sunnyvale, California and Fort Lauderdale, Florida.

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Mall Vacancies At Highest Level In Eight Years

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Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S. Reis data indicates that the proportion of units sitting empty in some cities – with the inclusion of Birmingham, Alabama and Indianapolis, Indiana – is roughly four times higher than San Francisco, the Financial Times reported.

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Target Wants To Ramp Up Shipt Deliveries In The New Year

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It was one of the largest acquisitions at the time for the company, and it moved the retail giant closer to its goal of providing same-day delivery for all of its customers. Target currently provides same-day service for in about 200 markets through 46 states. Looking forward, Target wants to continue growing.