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High Times Plans Brick-And-Mortar Locations

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As it moves into the business of cannabis retail and hangs out its shingle in the industry, High Times is opening its own brick-and-mortar stores this year. announced it would be bringing a flagship retail store to Los Angeles and Las Vegas. Hightimes Holding Corp. Marijuana is legal in 11 states in the U.S.

Las Vegas 131
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Retail Pulse: True Food Drives Menu Innovation, LVMH Agrees To Buy Tiffany & Co

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True Food Kitchen , in one case, has created its menu around recipes that Dr. Andrew Weil inspired with anti-inflammatory ingredients and is mulling raising new private capital, Bloomberg reported. And True Food is opening its first juice as well as cocktail bar next year in Las Vegas to be known as True Bar.

Retail 101
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Retail Pulse: Walgreens To Test Drone Deliveries; Walmart To Relaunch Scoop

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Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. Christiansburg was chosen as the test market because Wing has been working with Virginia Tech in nearby Blacksburg to pilot the drone deliveries. Walgreens Boots Alliance, Inc.

Retail 112
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‘Costco For Millennials’ Attracts Big Investors

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A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.

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Luxury Brand Barneys New York Seeks Bankruptcy Protection

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Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . However, the company hasn’t been immune from the same market conditions that sent Sears and Kmart into bankruptcy.

New York 108
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Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

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As such, automakers are hitting the venture capital highway in droves. In the rideshare arena, InMotion , Jaguar Land Rover’s venture capital arm, invested $25 million in a $600 million funding round for Lyft in 2017. Beyond rideshares, InMotion Ventures also entered the self-driving taxi market with a $3 million infusion in U.S.-based

Capital 109
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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

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The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. Meanwhile, at the CES show in Las Vegas in January, companies demonstrated potential 5G use cases. 5G Potential.

Mobile 168