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Walmart Launches 'Modern Fashion Brand'

PYMNTS

The retail giant is starting β€œa fashion essentials-inspired brand for both men and women created by our in-house design team,” the company said in a news release. At its core, this new brand is born from thoughtful, simple design, quality fabrics, modern silhouettes and styles updated for today.”. β€œAt Today (Sept. billion in 2019.

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Germany's Razor Nets $33M To Buy, Grow Amazon Sellers

PYMNTS

Germany's Razor Group , which works to acquire and scale Amazon brands, has raised 25 million euros (about $26.7 Just 12 weeks ago, Razor Group, also raised 5 million euros (about $5.9 The European Amazon market is highly fragmented with many thousands of dealers per marketplace," he said, according to the report. "In

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U.S. Government’s β€˜Notorious Markets’ Piracy Report Lists Multiple International Amazon Sites

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In the β€œNotorious Markets” report by the Office of the U.S. Amazon did not reply immediately to a Reuters request for comment. The USTR reportedly took in claims that it was too simple for anyone to sell on Amazon and that the seller information shown by the eCommerce platform was many times misleading. on the list.

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SellerX Raises $118MΒ In Bid To Buy Up Amazon Sellers

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Venture capital cash has been flowing this year to companies that plan to buy up sellers on Amazon and help them grow. In particular, such deals have targeted companies in the Fulfillment by Amazon program, in which the eCommerce giant warehouses a company’s products and then takes care of packing, shipping and providing customer service.

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Amazon Pay: How Brands Can Create Trusted Conversations With Consumers Online

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But the challenge for retailers now is deciding what to do next, Amazon Pay Chief Marketing Officer Kelly Wenzel told Karen Webster in a recent conversation. She said this has been critical to Amazon Pay’s success as a payment solution for merchants selling off Amazon.com. According to Wenzel, it all starts with building trust.

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Today In Retail: Benetton Group Collaborates With EDITED; CarLotz Reports 12 Pct Jump In Net Revenues

PYMNTS

In today’s top retail news, Benetton Group is teaming once more with EDITED, while CarLotz Inc. Plus, Amazon is making its next big fashion move through a personalization play with Made For You. Benetton Group Teams With Retail Intelligence Firm EDITED. Amazon Expands Data-Driven Fashion Push.

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Walgreens Follows Amazon And Walmart Into The Retailer-as-Ad-Agency Trend

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In announcing the launch of the Walgreens Advertising Group this week, the giant pharmacy chain said that with the help of more than 9,000 stores and 100+ million loyalty members, it would use β€œadvanced data modeling” to connect brands directly with audiences in a digital ecosystem that β€œsurpasses the industry method of digital media buying.”.

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