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Ex-Uber Jump Manager Joins Amazon's eBike Unit

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Amazon has poached former Uber manager Alex Vickers and Justin Ginsburgh , known for starting New York's Citi Bike bikeshare service, to helm its eBike delivery team, CNBC reported. The company has opened over 75 new facilities in the U.S. The move may show that the eCommerce giant is looking to bolster delivery times.

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Today In Retail: Bed Bath & Beyond Inc. Enters Deal To Sell Cost Plus; Authentic Brands Might Buy Arcadia Group and Debenhams

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In today’s top retail news, Bed Bath & Beyond Inc. has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. It is expected that the business will keep operating as a stand-alone brand.

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Authentic Brands Buys Sports Illustrated To Build Licensing Empire

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To reportedly build a licensing empire with the Sports Illustrated name, Authentic Brands Group LLC has agreed to buy the storied magazine from Meredith Corp. The move comes over a year after it was put on the block and Meredith will still manage its website and publish its print magazine, The Wall Street Journal reported. acquisition.

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Data Leak Discovered In Marriott’s Management Company

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A cybersecurity research team at vpnMentor has discovered that The Pyramid Hotel Group, which manages Marriott and other hotel brands, underwent a data leak exposing vulnerabilities that could potentially be used by criminals, the company said in a report.

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Retail Pulse: Floravere Opens NYC Store; Target Debuts Everspring Brand

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Direct-to-consumer wedding brands are opening stores in real life — and personalizing the customer experience within them through digital technology. At the same time, the brand seeks to create personalization through every one of its touchpoints. In Other Brick-and-Mortar News.

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Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena

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Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. The New Jersey-based company operates about 3,000 stores, mostly at malls.

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Dutch Retailer Ahold Delhaize Acquires Majority Stake In FreshDirect

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FreshDirect will retain its brand name, report to a seven-person board, and continue to independently operate in New York City. Delhaize, founded in 2016 from a merger of Ahold and Delhaize Group, is among the biggest supermarket operators in the U.S. Morgan Asset Management.

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