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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

Beyond New York, the retailer is planning to extend that experiential approach to partner locations, “offering the world that one-of-a-kind toy retail experience the brand is known for,” according to an announcement from the company, which is owned by ThreeSixty Brands. percent stake in Starbucks.

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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

The company is testing its workplace program at mainly smaller supercenters along with the company’s Neighborhood Markets. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year. Louis, Tampa and New York. billion for its stores in comparison to $1.63 million and 62 cents.

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The Pros And Cons Of Robots In Retail

PYMNTS

Financial services firm Cornerstone Capital Group projected that robots will capture between 6 million and 7.5 The prevailing narrative predicts swaths of low-skilled service-sector workers overwhelming a job market that has fewer options for them than ever before. A robot named Tally trawls the aisles of St.

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Bringing Omnichannel’s Attention Back To The Curb

PYMNTS

A few years ago, the idea of having items delivered to you in two hours would seem like the future, and Amazon is doing that now,” Kennedy recently told the St. Louis Post-Dispatch. Branded as CVS Express, the service is running in targeted markets now and is expected to expand to all of CVS’ 9,600 stores by the end of the year.

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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

It’s certainly not the type of pull marketing they teach in business school, but at the rate merchants keep showing up on the Chapter 11 Watch, retailers can’t be too pika-choosey about the ways they draw new customers in. Not every brand that closes its doors did so last week in infamy, though. . Store Closures.

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This Time, We Want You To Drink The Kool-Aid

PYMNTS

We have a significant level of awareness,” said Andrew Louie, brand manager of refreshment beverages at Kool-Aid’s modern corporate parent company, Kraft. The brand continues to be extremely popular, even though it’s over 50 years old.”. Louis, Missouri; Oklahoma City, Oklahoma; and Jacksonville, Florida.

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The Race For 5G: How 20 Corporations Are Building The Future Of Connectivity

CB Insights

Qualcomm owns roughly 15% of the world’s 5G technology patents , according to Forbes, and the company is one of the largest smartphone chipset makers in the world, with a market share of approximately 42% in 2017. The company has spent more than $700M since 2015 in Kentucky alone , an investment that means St.

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