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JD Sports Purchases California-Based Shoe Palace

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Overall cash consideration for the purchase of the company is $325 million, which is subject to “customary cash/debt and working capital adjustments,” of which $100 million has been deferred and will be paid on different dates over the 12 months to come. California-based Shoe Palace was started in 1993 by the Mersho family.

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Gatik Partners With Walmart For Autonomous Vehicle Deliveries

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People in Arkansas can now get groceries delivered via a new Walmart pilot with Gatik using self-driving cars that include a human safety driver behind the wheel. million in seed funding in June led by Innovation Endeavors, with Dynamo Venture Capital, AngelPad, Fontinalis Partners and Trucks Venture Capital also participating.

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Walmart Partners With Gatim To Deliver Orders With Self-driving Cars

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People in Arkansas can now get groceries delivered with a new Walmart pilot with Gatik using self-driving cars that include a human safety driver behind the wheel. million in seed funding in June led by Innovation Endeavors, with Dynamo Venture Capital, AngelPad, Fontinalis Partners and Trucks Venture Capital also participating.

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Walmart Divests Of Shoes.com, Bare Necessities Brands As Part Of Digital Streamlining

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27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. operation in Culver City, California. Earlier this month, the mega retailer shared clues about its launch of Walmart+ , which is expected to compete with Amazon Prime. Bloomberg reported Thursday (Aug.

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Walmart Eyes Robo-Vans For Warehouses

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Walmart spokeswoman Molly Blakeman told CNBC the retailer is working with partner Gatik , a self-driving vehicle startup, to test out a self-driving vehicle that will travel the two-mile route in Bentonville, Arkansas between two stores. “We Earlier this month, Walmart’s U.S.

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Whole Paycheck Tracker: Amazon Goes Off The Charts; Walmart Announces Layoffs

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The company almost doubled its revenue and profit numbers while spending more than $9 billion on capital improvement projects. Among those numbers: Operating cash flow increased 42 percent to $51.2 Operating income increased to $5.8 As a reminder, Q2 is typically our largest volume quarter for the retail business.

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Why Voice Authentication’s Doing Prison Time

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What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. Those efforts come as voice-assistant and voice-activated technologies — different, of course, from voice-print biometrics — are having a moment in the retail spotlight. Voice-Print Efforts.

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