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

PYMNTS

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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Travel, Retail Takes A Hit From The Coronavirus 

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Three quarters — or 75 percent — of companies in a poll noted they sidelined trips to Hong Kong, Taiwan, China and other places in the Asia-Pacific region. And Princess Cruises stopped operating its cruise ships for two months after two boats transported passengers who had the virus.

Retail 151
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Pandemic Continues To Dull Allure Of Luxury Goods

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That estimate comes from market intelligence company GlobalData, which predicts that total spending in the region will dip to $60.3 COVID-19 has forced luxury brands to postpone their fashion shows and cancel promotions events, and has disrupted supply chains,” GlobalData Retail Analyst Suresh Sunkara said. billion in 2019.

Branding 246
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Global Outlook: Digital-First Kicks In From Asia To Africa

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Although the Chinese calendar is different, the fourth quarter is filled with consequential retail events – such as Golden Week, New Year and the newest entrant, Singles’ Day , which has become so popular in the past decade that it was doubled this year. At the same time, Indians are also well aware of what is happening in the U.S.,

Retail 283
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Reading Predictive Tea Leaves With Smart, Big Data

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Missing the opportunity to gauge demand accurately can result in lost sales, and ramping up production or staffing while waiting for foot traffic or clicks on buy buttons that never materialize can ding operating profits. Drilling down a bit, he noted that there are several types of events, and data, regardless of vertical.

Big Data 160
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Data Dive, The Bad, The Worse And The Ugly Edition: Store Closures, Coronavirus And Bitcoin

PYMNTS

There was lots to watch in the world of payments and commerce last week, with red flags flown in physical retail, international commerce and crypto. Physical Retail Stumbles Into 2020 . The year got off to something of a rocky start for physical retailers, as the recent spike in store closures carried on and even picked up strength.

Bitcoin 132
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Credit Issues Stalk Malls And Anchor Tenants

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On the optimistic side Elliot Nassim , president of Mason Asset Management, which co-owns the University Mall in Carbondale, Illinois, says: “We have always felt that the retail industry is evolving, despite what doomsday headlines would have you believe. There are about 1,000 malls — both privately and publicly held — operating in the U.S.

NJ 132