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Nordstrom Faces More Brick-And-Mortar Closures

PYMNTS

While Nordstrom is planning to open two full-line locations this year, the fashion retailer intends to close two locations at the beginning of April. The outlet reported that the retailer has shuttered roughly two locations each year in recent times. area store in the middle of 2017.

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Indochino Eyes Expansion In 2019

PYMNTS

as well as a second Boston location and a fourth in the Greater Toronto Area, according to Chain Store Age. And five additional locations will open on the West Coast, with three in California — Roseville, San Diego and San Jose — plus Portland, Oregon, and Bellevue, Washington. .; Greenwich, Conn.; Manhasset, N.Y.; and Paramus, N.J.;

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How Pharmacies Are Rejiggering With On-Demand Delivery, CBD Products

PYMNTS

Brick-and-mortar pharmacy retailers are taking new approaches to delivery in the omnichannel age: CVS Pharmacy , for instance, is doubling down its on-demand offerings with a faster and expanded option. Even so, nearly a third — or 32 percent — of consumers were unaware of a mobile app by that kind of retailer.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

Point-of-sale financing for retailers. HQ: Boston, Massachusetts. HQ: Portland, Oregon. Latest round: $25 million Debt. Total raised: Unknown. HQ: Toronto, Ontario, Canada. Source: Crunchbase. Maxwell Health. Payroll & beneifts platform. Latest round: $22 million Series C. Total raised: $56.4 Source: Crunchbase.

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