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Retailers Using Chapter 11 To Break Lease Agreements

PYMNTS

But the ripple effects are daunting, as the moves could threaten the half-trillion-dollar market for commercial mortgage-backed securities. If this becomes a tsunami of retailers rejecting their leases, it’s going to trigger another part of the sea change — the mortgages held by the landlords.”.

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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

PYMNTS

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

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Privacy And Personalization Clash For Retailers

PYMNTS

Retailers are facing a personalization paradox. Fifty-three percent of consumers want retailers to respect their anonymity in 2020; at the same time 61 percent want more personalization in marketing, messaging and promotions. That paradox is evident between the appeal of personalization and a stepped-up need for privacy.

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Today's Top Retail News: Paidy Launches 3-Pay In Japan; Thrive Market Is Now A B-Corp

PYMNTS

In the top retail news for today: Paidy has launched 3-Pay in Japan for customers to buy now and pay later, Thrive Market has been designated as a B-corporation, and Amazon is advancing its presence in Sweden with a new eCommerce site and a clean energy grid to support the tech giant’s data centers. On Wednesday (Oct.

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Crypto Market Tops $1 Trillion As Bitcoin Smashes Records

PYMNTS

Bitcoin hit more than $37,700, a new record high that helped drive the cryptocurrency market beyond $1 trillion, CNBC reported on Thursday (Jan. Since the start of 2021, the cryptocurrency market is up 29 percent, and in the past 12 months, it is more than 380 percent higher. 7), citing data from CoinDesk and CoinMarketCap.

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Big Week Ahead For Retail Data

PYMNTS

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

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Future Retail To Amazon: Stop Meddling In $3.4B Asset Sale

PYMNTS

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 Now, Reuters reported Amazon is lodging a complaint with India's market regulator. Amazon sent a letter to India's Securities and Exchange board, calling Future's statements misleading and saying the whole situation amounted to fraud.

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