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Costco Squeaks By Last Year’s Sales
Costco Squeaks By Last Year’s Sales
July 07, 2017  |  Retail

After Amazon’s $13.7-billion acquisition of Whole Foods, others in the grocery industry saw their shares slide. One company that’s escaping the Amazon fray is Costco...

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Hobby Lobby Pays $3M in Iraqi Artifact Smuggling Case
Hobby Lobby Pays $3M in Iraqi Artifact Smuggling Case
July 07, 2017  |  Retail

Arts and craft megastore Hobby Lobby is in hot water. After buying Iraqi archeological artifacts back in 2010, the Christian-based retail chain is paying a...

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Amazon Trails Japanese Competitor Rakuten
Amazon Trails Japanese Competitor Rakuten
July 06, 2017  |  Amazon

Amazon isn’t giving up on Japan, despite trailing homegrown Japanese competitor Rakuten basically since it launched. The American eCommerce giant launched its books-only site in...

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Snapdeal Holds Out For A Better Offer On Flipkart Takeover
Snapdeal Holds Out For A Better Offer On Flipkart Takeover
July 06, 2017  |  Retail

India’s second- and third-largest eCommerce firms, Flipkart and Snapdeal, have been in talks for months about a possible alliance to keep ahead of Amazon, but...

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Customer Loyalty Programs Reach 3.8 Billion in U.S.
Customer Loyalty Programs Reach 3.8 Billion in U.S.
June 30, 2017  |  Retail

Loyalty programs are nothing new to retail. From collecting pieces for McDonald’s Monopoly to collecting stamps for free cookware at grocery stores and buying 10 coffee...

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Nike Mulls Selling Directly on Amazon
Nike Mulls Selling Directly on Amazon
June 22, 2017  |  Retail

Nike has so far resisted direct sales on Amazon, but now it seems that, in the face of ebbing sales, the company has decided to...

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Investor Urges Saks Owner Hudson’s Bay to Refocus
Investor Urges Saks Owner Hudson’s Bay to Refocus
June 20, 2017  |  Retail

In today’s retail landscape, there has been a lot of movement with regards to mergers, acquisitions and digitally influenced strategies. Owner of stores like Lord...

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Walmart Is Buying Men’s Clothing Firm Bonobos for $310M
Walmart Is Buying Men’s Clothing Firm Bonobos for $310M
June 16, 2017  |  Retail

Turns out, Friday was a big day for big acquisitions.  Amazon is buying Whole Foods, and Walmart is buying Bonobos. According to reports, the deal...

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