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Today In Retail: CarLotz Looks To Launch Hub Network; Build-A-Bear Anticipates eCommerce Jump

PYMNTS

In today’s top retail news, CarLotz, Inc. unveiled plans to launch a nationwide hub network, while Build-A-Bear Workshop, Inc. Plus, retail rents have fallen to historic lows in the Big Apple amid the coronavirus pandemic. Build-A-Bear Workshop, Inc. Retail Rents Plummet In NYC As Vacancies Rise.

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Build-A-Bear Workshop Plans New Locations, Pop-Up Shops

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To bring its products to destinations popular with families, Build-A-Bear Workshop plans to open new permanent shops at FAO Schwarz ’s new flagship and at four locations of Great Wolf Lodge. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components.

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Microsoft To Shutter Brick-And-Mortar Stores In ‘Strategic Change’

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Microsoft is shuttering brick-and-mortar locations as it unveils a “strategic change” in the way it runs its retail business. We are grateful to our Microsoft Store customers and we look forward to continuing to serve them online and with our retail sales team at Microsoft corporate locations.”.

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Build-A-Bear Projects 90-100 Pct Jump In eCommerce Demand

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Build-A-Bear Workshop, Inc. Moreover, the company noted that retail stores were affected by fewer operating hours in addition to restrictions on store capacity due to government orders. “We 11) announcement. Build-A-Bear also anticipates total revenues of between $88 million and $92 million, in contrast to $104.6

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Perficient’s Cloud Modern Data Platform Approach – Customer Journey & Capabilities

Perficient

Various Enterprise clients across different verticals like Healthcare, High tech, Financial Services, Retail, Manufacturing, and Supply Chain etc. Enablement with Workshops. Functional workshops – Interviews and white board sessions. Technical workshops – Interviews, white board sessions & reference architecture discussions.

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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

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Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.

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Retailers Eye Industry-Shaking Innovation With Accelerators

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Retailers are turning to accelerators to drive innovation, and Target is taking its program to the international stage: It is teaming up with Germany’s wholesale and food specialist METRO AG for its cohort this year. The outlet also noted that the retailer was seeking to build an “operating system” for retail with its Store of The Future.)

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