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Supermarkets Hoard Staples For Holidays, COVID Resurgence

PYMNTS

Associated Food Stores , a Salt Lake City, Utah-based cooperative that supplies supermarkets, said it has started to build what it’s calling “pandemic pallets” of sanitizing products so its warehouses will be fully stocked, Darin Peirce, vice president of Retail Operations, told WSJ. “We

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Simon?Drops $3.6B Mall Deal, Sues Taubman Centers

PYMNTS

and filed suit against the Michigan-based mall owner over an alleged breach of a merger agreement. In a complaint filed with the Oakland County Circuit Court in Pontiac, Michigan, Indiana-based Simon Property Group said it is suing Taubman Centers for violating terms of the deal. “The Simon Property Group (SPG) has abandoned its $3.6

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Domino’s Rolls Out New Stores; Reports Double-Digit Q2 Sales Increase

PYMNTS

The pizza chain’s earnings and revenue also came in well above the expectations of analysts surveyed by FactSet, who had predicted earnings per share of $2.24 The Ann Arbor, Michigan-based company’s strong growth amid the coronavirus crisis has been aided by its push into online and mobile ordering. and revenue of $915 million.

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Can eCommerce Overcome The Strain Of COVID-19?

PYMNTS

Melnyk , professor of operations and supply chain management at Michigan State University. GoodFirms surveyed more than 100 of the top eCommerce experts to determine the most effective tactics for small-scale online shops. Why are we having such great shortages, and why can’t the system respond? million for the week of Feb.

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The Hybrid Workplace is One Huge Work-In-Process for Banks

Gonzobanker

This summer in strategic planning meetings across the country, bankers will need to deal with some critical realities: Reality #1: There’s no turning back from the hybrid workplace According to Build Remote, 77% of the Fortune 100 companies are operated under a hybrid working model.

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Deep Dive: How Banks Use Digital Technologies To Outlast The Coronavirus

PYMNTS

Shifting In-Branch Operations. noted on its social media accounts that it would be shuttering many of its branches and changing its hours of operation, and American bank JPMorgan Chase announced plans to close about 20 percent of its locations. British FI Nationwide U.K. Digital Technologies Under COVID-19.

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Looking Past Jobs And At Interest Rate Hikes (Sooner Rather Than Later?)

PYMNTS

Yet the jobless rate, which was estimated through two separate surveys from the Labor Department, showed up at a respectable 4.5 After all, how else to cover the operating cost of doing business and keeping staff on hand? percent, plumbing lows not seen since the financial crisis. The unemployment rate is at a decade low at 4.5

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