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Brazilian Retailer Magazine Luiza To Compete With Amazon

PYMNTS

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. Magazine Luiza shares were up 1.9

Retail 108
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Amazon Opens Three More Brazilian Logistics Hubs

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The new centers are operating in Minas Gerais, Rio Grande do Sul and Brasilia, the country’s capital, and increase the number of Amazon logistics hubs in Brazil to eight. . Although lockdown measures are easing, online sales are still booming.

Capital 289
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Authentic Brands Buys Sports Illustrated To Build Licensing Empire

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To reportedly build a licensing empire with the Sports Illustrated name, Authentic Brands Group LLC has agreed to buy the storied magazine from Meredith Corp. The move comes over a year after it was put on the block and Meredith will still manage its website and publish its print magazine, The Wall Street Journal reported.

Branding 122
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Walmart Pivots On Brazil eCommerce Strategy, Focuses On Physical Stores

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Walmart had plenty of eCommerce competition from local companies, like B2W, Via Varejo and Magazine Luiza SA. The company has never said how much money it made from online sales in the country. In the middle of 2018, Advent International acquired 80 percent of the Brazilian operation, but the division was already declining.

Strategy 183
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As Pizza Hut Struggles, QSRs Grapple With Delivery Investments

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According to Tillster research , in the last 12 months, more than 50 percent of QSR customers ordered online for delivery, and over 51 percent would order more often if delivery was offered. QSR magazine and other analysts point to a direct link between delivery and the consumer experience and consumer satisfaction.

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Apple Banks On Oprah For A Leg Up In Chasing Amazon On Content

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writers in the humble view of the PYMNTS New Orleans Bureau, a man who is an essayist and writer for The Atlantic magazine and whose debut novel was just released.). Streaming is by far the most common subscription service (70 percent), while online games (30.6 The online gaming market is valued at approximately $15.3

Apple 117
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Can Oprah Give Apple A Leg Up As It Chases Amazon?

PYMNTS

writers in the humble view of the PYMNTS New Orleans Bureau, a man who is an essayist and writer for The Atlantic magazine and whose debut novel was just released.). Streaming is by far the most common subscription service (70 percent), while online games (30.6 The online gaming market is valued at approximately $15.3

Apple 108