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Retailers Look To Digital Technologies After Beating The Street

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Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. Management noted on the conference call with analysts following the earnings report that there was a “positive comp gap” between the company and quick-service restaurant peers of as much as 270 basis points.

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Amazon’s Next Brick-And-Mortar Shop

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Blame the people or blame the media, but Portland has acquired a reputation as a haven for the slightly off-kilter and the anti-mainstream. Fortune is reporting that sources have confirmed Amazon’s intentions to open a third brick-and-mortar bookstore in Portland, Oregon. “Stay tuned for additional details down the road.”.

Portland 100
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For This Startup, Scale Was A Matter Of Necessity

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So, how did Vacasa , the online vacation rental home startup, go from managing one beachside cabin on the Washington coast that belonged to the family of one of the founder’s wife to a multimillion-dollar company with more than 1,400 employees that manages over 4,000 properties in the U.S. Italy, Spain, Belize and Chile.

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Grocery Round-Up: Amazon Fresh Opens, Whole Foods Cuts Prices And The US Grocery Sales Boom Slows Down 

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It serves roughly 120,000 households across nine major markets and recently expanded into San Diego, Portland, New York City and New Jersey. The firm also discovered that online sales have also pulled back some, with delivery and curbside pickup sales totaling $5.7 Nielsen found that the biggest spike in the U.S. percent in March.

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Data Dive, Summer Heat Edition: Venmo Speeds Up, Amex Branches Out And Walmart Takes A Pass

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Arizona temps grounded flights last week when they got about 120, and even the Pacific Northwest saw temperatures get up over the 100 mark in Portland. By the numbers PayPal has 200 million active users , checkout on 75 percent of Internet Retailers’ top 100 merchants and 50 million customers for its OneTouch fast checkout product.

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How Urban Outfitters Was A Q1 Sleeper Success Story

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It has been a particularly grim retail season for the mall staples that defined landscape of the late ’90s and early 2000s. Karen Webster described this scenario in 2014 as The Coming Physical Retail Death Spiral. “So So that faint whooshing sound you’re hearing?” And the proof is in the sales numbers pudding.”.

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Amazon’s Portland Plans Prove B&M Bookstores Aren’t For Books

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So, where will Amazon be continuing its mission of retail domination in whatever form its shoppers choose? Portland, Oregon , it seems. “We We are excited to be bringing Amazon Books to [Portland’s Washington Square Mall], and we are currently hiring store managers and associates,” an Amazon spokesperson said in the announcement.

Portland 102