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Overstock To Pay Some Ohio Business Taxes With Bitcoin

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Overstock , the online retailer and blockchain company, announced Thursday (Jan. 3) that it will pay a portion of its state business taxes in Ohio in bitcoin, becoming the first major U.S. Ohio is the first U.S. company to pay state taxes in bitcoin.

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Ohio Bill Urges Govt. To Adopt Blockchain

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Blockchain got a boost last week after the Ohio House Of Representatives introduced a bill that would let state government agencies use blockchain technology. If the bill passes, government agencies in Ohio could use blockchain for recording car titles or tracking hunting licenses online, noted the report.

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Today In Retail: Walgreens To Launch Co-Branded Cards; Big Lots Reports Rise In Quarter-To-Date Comp Sales

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In today’s top retail news, Walgreens is growing its financial services offering with the help of Mastercard and Synchrony, while Big Lots, Inc. Walgreens To Roll Out Co-Branded Cards With Mastercard, Synchrony. The cards will reportedly be the first of a bevy of financial offerings that the retailer has in the works.

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Retail Pulse: DSW Expands In-Store Experiences; L Brands Plans Store Closures

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Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. Austin, Texas; and Dublin, Ohio. They also create repeat visits to the DSW brand, where an exciting footwear assortment awaits.”.

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Reinventing The Baby Care Market With Exclusive ‘Premium’ Brands

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Major retailers are pitching premium baby care products at a less-than-premium price tag with the help of exclusive brands: Walmart is offering Hello Bello exclusively at its stores and its website (and that of the brand). It is also reportedly the inaugural brand rolled out under a platform called Launched.LA.,

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Simon Says It Hopes To Save Struggling Mall Retailers

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said Wednesday (July 31) it is considering retail investment as it looks to keep stores in the black, according to CNBC. “I We’re certainly as good as the private-equity guys when it comes to retail investment. Simon added that the company would be selective in supporting retailers, only buying into brands with volume.

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Simon CEO Won’t Promise Tough Retail Times Are Over

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While the CEO of the country’s biggest mall owner thinks that retail store closures will slow down this year, he added that he “can’t guarantee it.”. “I His latest comments come after Simon admitted in February that he was “nervous” about additional retail bankruptcies happening during the first quarter.

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