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Holiday Shoppers May Have Favored Non-Mall Retailers
Holiday Shoppers May Have Favored Non-Mall Retailers
January 08, 2020  |  Retail

Department store chains in the United States might have experienced another disappointing holiday season, with the category of retailers that includes Macy’s, Nordstrom and JCPenney...

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Alphabet Shares Soar Despite Regulator Scrutiny
Alphabet Shares Soar Despite Regulator Scrutiny
January 07, 2020  |  Investments

Google parent company Alphabet and Facebook, despite a number of looming competition and antitrust investigations for both companies from U.S. government agencies, closed out at...

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Pier 1 To Close Nearly Half Its Stores On Big Q3 Loss
Pier 1 To Close Nearly Half Its Stores On Big Q3 Loss
January 07, 2020  |  Earnings

Pier 1 said on Monday (Jan. 6) that it intends to close nearly half of its 942 locations, according to CNBC, fueling rumors of bankruptcy...

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CA Denies Lending License For BNPL Firm Sezzle
CA Denies Lending License For BNPL Firm Sezzle
January 02, 2020  |  Loans

Sezzle — a “buy now, pay later” (BNPL) company based in Minnesota, but listed in Australia — was denied a crucial lending license from California....

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Analyst Predicts Apple Shares Will Fall Sharply Over 2020
Analyst Predicts Apple Shares Will Fall Sharply Over 2020
January 01, 2020  |  Investments

Although Apple was the 2019 star of the Dow Jones Industrial Average, tech investor Paul Meeks calculates that the stock is worth much less than...

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Groupon Gets New Activist Investor
Groupon Gets New Activist Investor
December 31, 2019  |  Investments

Richard Merage, the man who created Hot Pockets, disclosed stake that he bought in Groupon on Monday (Dec. 30). Merage and his company, MIG Capital,...

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Michaels Taps Walmart Exec As CEO; Shares Surge 32 Pct
Michaels Taps Walmart Exec As CEO; Shares Surge 32 Pct
December 27, 2019  |  Retail

Arts and crafts retailer Michaels has announced that Walmart executive Ashley Buchanan will be taking over as CEO from Mark Cosby, and shares jumped 15...

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Nike Kaepernick Shoe A Sellout Success
Nike Kaepernick Shoe A Sellout Success
December 24, 2019  |  Retail

Nike’s new shoe featuring former Quarterback Colin Kaepernick sold out on its first day, according to CNBC. The ‘True to 7’ shoe, this year’s installment...

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IAC To Purchase Care.com In Nearly $500M Deal
IAC To Purchase Care.com In Nearly $500M Deal
December 20, 2019  |  Partnerships / Acquisitions

One day after outlining plans to spin off all its Match Group shares, digital brand holding company IAC says it has agreed to purchase Care.com...

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