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Neiman Marcus Emerges From Chapter 11

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He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm.

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Lackluster Earnings Tank Bed Bath & Beyond’s Stock Price

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Going forward, Temares outlined initiatives for the retailer, including adoption of a new technology model, finding a new chief information officer and establishing a strategic portfolio management office. two additional boroughs in New York City and Seattle.

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Retail Pulse: Luxury Brands Eye Airport Retail; Panera Bread Tests Dinner Menu

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Luxury brands are looking to catch the attention of travelers who might be willing to explore new products. Bacardi Managing Director of Global Travel Retail Vinay Golikeri said, according to the outlet, “Over half of the people, when they travel and browse stores, they’re looking for something they can’t find back home.”

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State Governments Deliver Mixed Messages On Reopening Retail

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As the week plays out, inconsistent direction and confusion have been standard with New York, Texas, California and Hawaii getting criticized by retailers big and small. It eased all restrictions on May 1 but has been criticized for ignoring significant increases in the infection rate around one of its biggest cities, Houston.

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The Walmart Amazon Whole Paycheck Tracker: The Delivery Edition 

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“It’s clear the main reason Amazon wanted to be here was the availability of a skilled tech workforce plus the synergy with related industries,” said James Parrott, an economist at the New School. And New York City still retains that attraction.”. Alphabet also signed a lease earlier this year for 1.3

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Team USA Launches Omnichannel Strategy For Olympic Retail

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Through a pop-up store in New York City, consumers are able to browse and buy gear from official Olympic sponsors, such as Nike, Swatch and Oakley. 1 city for sales of Team USA gear,” Boyle said. It will stay open through the end of the games on Feb. Beyond Team USA’s own sales channels, some U.S.

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Rescuing The Restaurant Business From App Decline

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Currently exiting beta in New York City, Fahmy’s new company, DineVite, claims to put the discounts back where they belong — with the restaurant owners. As the year rolls on he expects to launch in Seattle, Los Angeles, San Francisco, Austin, Dallas, Houston, Chicago, Boston and Miami.

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