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State Governments Deliver Mixed Messages On Reopening Retail

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State governments are dropping the ball on retail reopenings. 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. After making the statement, Simon retracted it, pledging cooperation with local officials.

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

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These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. However, the company’s luxury unit is continually on the uptick — and travel retail is said to be partly responsible. Luxury brands are looking to catch the attention of travelers who might be willing to explore new products.

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Neiman Marcus Emerges From Chapter 11

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has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.

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Team USA Launches Omnichannel Strategy For Olympic Retail

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Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. Retail Gold.

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Lackluster Earnings Tank Bed Bath & Beyond’s Stock Price

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Domestic merchandise retailer Bed Bath & Beyond’s stock took a 12-point hit after Wall Street got a look at its latest earnings report and did not much like what it saw. Same-store sales — the Street’s favorite metric for physical retail — were down 2.6 Retail sales clocked in at approximately $2.9

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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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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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