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Chicago Developer Tries To Lure Amazon With Its Own Stadium

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Sterling Bay, a Chicago developer, is throwing in a sports and concert stadium into its proposal for Amazon’s second U.S. According to a news report in the Chicago Tribune , the developer’s Lincoln Yards project includes the ability for Amazon to have a stadium at its headquarters.

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Post-Toys R Us, Retailers Vie For Experiential Toy Shoppers

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Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The atmosphere comes as brick-and-mortar retailers have to differentiate themselves from their eCommerce counterparts.

Retail 166
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Grocers Consider Checkout Line-Free Future With Unattended Retail

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To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. The news comes as Amazon also launched an Amazon Go location in Chicago. In the U.S.,

Retail 161
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Fifth Third Bancorp And MB Financial Merge In $4.7B Deal

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Once the deal is complete, the merged company will have a Chicago deposit market share of 6.5 percent, ranking in fourth place in total deposits and second in retail deposits among the close to 200 banks in the region. In addition to its strategic importance, this merger is expected to drive significant financial benefits.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

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Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11. 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.

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Digital Freight Services Race Toward More Cash And Last Mile Innovation

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The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates. Uber’s Move.

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Luckin Coffee Execs Fired After Fraud Probe

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A special committee at Luckin hired Chicago-based law firm Kirkland & Ellis as counsel and FTI Consulting of Washington, D.C. Cao has served as senior vice president in charge of store operations and customer service since 2018. as the forensic accounting expert, the SEC filing said.

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