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APRIL 22, 2020

In a time period dominated by retail sales declines, the hardest hit has been the automotive industry. While March retail sales dropped 8 percent overall, new cars dropped as much as 36.9 Second, it announced a special pricing program for essential California workers who need to travel during the crisis.

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JULY 27, 2019

This week, the world was presented with a truly unusual retail mystery: The Case of the Inexplicable In-N-Out Burger. A host of potential resolutions to the mystery flooded across the web – the most popular being that this was some kind of marketing stunt by In-N-Out, possible portending a New York opening. The Many Ways to Go Wrong.

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NOVEMBER 16, 2020

The company, based in Santa Monica, California, has spoken with some special purpose acquisition companies (SPACs) about acquisition deals, although none have reached any agreements, Bloomberg reported, and some SPACs have expressed inbound interest.

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AUGUST 11, 2020

11), reported by CNBC , that retail behemoth Walmart has struck a partnership with Instacart to offer same-day deliver across a few, select markets in the United States, focused on four initial pilots in Oklahoma and California. News came Tuesday (Aug.

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JUNE 26, 2020

billion to acquire Zoox , the Foster City, California self-driving technology company, the Financial Times (FT) reported. . The source said Amazon would collaborate with Zoox to create a ride-hailing fleet, taking on Waymo Co, the California-based self-driving industry leader backed by Alphabet, Google’s parent company. billion.

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OCTOBER 18, 2018

To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores. Macy’s , for example, is testing out pop-up stores in 10 cities in a concept called “The Market @ Macy’s.”

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NOVEMBER 18, 2019

18) that it has secured a distributor license from California, bringing it one step closer to bringing its first electric SUV, Byton M-Byte, to the United States. At the same time, we are also confirmed in our concept by the current developments on the various European markets. on its own, as well as through retail partners.

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OCTOBER 22, 2020

Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., The company, based in Oakland, California, is one of the growing numbers of eCommerce sites trafficking in used goods, competing with old stalwarts like Salvation Army Thrift Stores. Bloomberg reports.

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SEPTEMBER 19, 2019

Apparel used to be mostly a brick-and-mortar retail experience, but that has changed drastically over the last few years – and has been one of the main innovations when it comes to commerce related to the clothes we wear. But at this point, it is also mostly table stakes in the race to bring apparel retail online.

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MAY 14, 2020

could be the first major delivery company to limit the number of items retailers can ship to protect its network from being overwhelmed during COVID-19, The Wall Street Journal reported. Those include hiring in certain markets, delivering more packages on Sundays and working with shippers to manage capacity,” the firm said. FedEx Corp.

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MARCH 1, 2019

Russia’s trade associations have accused Visa and Mastercard of abuse of market power in the country. In addition, it was alleged that both Visa and Mastercard charged different tariffs depending on the retail outlet, which the applicants assert is trade discrimination.

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FEBRUARY 7, 2020

Investors at Alcedo Digital Ventures provided the investment, which Envoy said will be used to accelerate company expansion in the Latin American market, as well as to develop new functionality around its NVOY Stellar cross-border payment solution. ClearMetal.

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MAY 2, 2019

” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft.

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DECEMBER 14, 2020

In today’s top retail news, Bed Bath & Beyond Inc. has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market.

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SEPTEMBER 15, 2017

California coffee chain Blue Bottle has just been slurped up by Nestlé, the world’s largest food and drinks company, based in Switzerland. The Blue Bottle café and roastery chain has a value of more than $700 million, according to a report by Financial Times. Nestlé paid $500 million for a 68 percent majority stake.

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MAY 26, 2020

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. But you can access equity markets [and] public debt markets. The heart of our communities [and] shopping centers are small businesspeople.”.

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FEBRUARY 11, 2020

Mastercard Gets Nod To Join China’s $27T Payments Market. China approved Mastercard for a bank card clearing business with its partner, NetsUnion Clearing Group, giving the company access to a $27 trillion payments market. A judge rejected a request by Uber and Postmates to stop new California regulations on gig economy workers.

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SEPTEMBER 20, 2018

It’s a good time in America to have a retail space ready to rent out — eCommerce merchants are on the hunt and signing large contracts. By category, the biggest lease signers were manufacturers, with 14 percent of the market, followed closely by beverage providers (11 percent), retailers (7 percent) and tech firms (4 percent).

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DECEMBER 17, 2020

The digital-first economy has spawned many new business models, and one that has taken flight during this end-of-the-year period is on-demand retail partnerships. In the first one, a service company partners with a retailer to be an exclusive on-demand service provider. They come in two flavors. Think TaskRabbbit and IKEA.)

Retail 209

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JANUARY 18, 2019

In an effort to halt Volvo from offering cars to consumers through subscriptions, the California New Car Dealers Association (CNCDA) filed a petition with the New Motor Vehicle Board in the state. The CNCDA represents over 1,000 franchised dealers of cars and trucks in California, The Verge reported.

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SEPTEMBER 8, 2020

One of the overlooked elements from the retail earnings reports of recent weeks is inventory levels. But several reports are pointing to healthy inventory positions as a point of optimism in retailing’s comeback progress. Its latest monthly retailer inventory-to-sales ratio report for June indicates a significant drop — from 1.35

Retail 130

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NOVEMBER 30, 2018

Many organizations, from retailers to local governments, are turning to self-driving technology to help them reach their goals and to get purchases and people to their destinations. As more merchants harness the potential of self-driving vehicles, the global market size of the technology is projected to grow at a rate of 63.1

Retail 139

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DECEMBER 28, 2016

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

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AUGUST 14, 2020

Initialized Capital Management has notched $230 million for Initialized V , the California venture firm’s fifth fund, which is geared toward backing early-stage companies, Bloomberg reported. The firm was to use the money to keep investing in its footwear and expand its marketing as well as retail footprint.

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JANUARY 14, 2021

Our office continues to aggressively monitor this market to protect fair competition for consumers, authors, and other eBook retailers,” Mr. Tong said in a statement, per WSJ. Amazon had a 76 percent market share of all eBooks sold in the U.S. in September, according to Codex Group data, per the WSJ.

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JULY 29, 2019

The rise of video games, both online and mobile, is helping to drive innovation in retail. The move is one of several Tilly’s has been pursuing recently to draw additional foot traffic in an era when, like many youth-focused retailers, it is seeing its sales constantly shifting online. Apple has stiff rivals in the gaming market.

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JANUARY 7, 2021

Wholesale clubs and Trader Joe’s themselves have proven there is a huge market for brands that don’t check all of the boxes for a standard supermarket trip. We did a comprehensive evaluation of the market before selecting Manthan-RichRelevance. The Placer report, which examines transactions for the seven top U.S.

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California CA Analytics Branding 203

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MAY 26, 2020

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. But you can access equity markets [and] public debt markets. The heart of our communities [and] shopping centers are small businesspeople.”.

California 185

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MARCH 31, 2020

“I’d say at the beginning of the year, a third of our business was online, with the rest coming through our storefront,” says Dwight Steffenson, proprietor of Solvang Antiques near Santa Barbara, California. ” According to the Art Basel and UBS Global Art Market Report of 2020, global sales of art and antiques reached $64.1

Marketing 151

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SEPTEMBER 4, 2018

In order to connect retailers with these consumers, AutoX plans to use a more flexible approach to its business model by maintaining its own fleet and providing retailers with different cost structures. In terms of target market, Li said self-driving grocery services could appeal to busy moms or any consumer pressed for time.

Retail 122

Retail Mobile California Technology 122

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JUNE 14, 2020

Bristol Farms , a California grocery store chain that operates 19 supermarkets, said its delivery business has doubled since the pandemic. Mid-Atlantic food retailer Weis Markets has 198 stores and as online sales rise, it will buy more refrigerated lockers, delivery trucks and technology, its CEO told WSJ.

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JULY 5, 2020

billion for Whole Foods , the online retail giant is planning to open its second automated-checkout grocery store in Seattle’s Eastside neighborhood and is hiring managers for a third store in the city’s Capitol Hill district, The Seattle Times reported. Three years after it paid $13.4 And it’s not stopping there. the Times reported.

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OCTOBER 20, 2020

Amazon Fresh, a new physical retail concept from Amazon, is setting up shop in four locations in the Chicago market, the Chicago Tribune reported. Furthermore, Whole Foods Market lists new store openings In Sherman Oaks, California; Sunnyvale, California and Fort Lauderdale, Florida.

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AUGUST 7, 2020

46, of Cleveland, Ohio; and Bern Benoit, 44, of Burbank, California. In Arkansas, a project manager employed by a major retailer has pleaded guilty to bank fraud charges for filing fraudulent bank loan applications seeking more than $8 million in PPP loans.

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MARCH 9, 2020

One retailer, for instance, recommitted to scaling robotics solutions to replenish inventory to hundreds of locations by this summer. Data: 2020: The year Target will open new warehouses near key markets, including New York and southern California. 290B: The projected lost revenue for retailers as a result of returns in 2022.

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New York California Retail Data 141

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OCTOBER 7, 2020

7) include a printed V-neck sweater listed for $2,295 instead of its reported retail price of $3,300 and a canvas belt bag listed at $695. The partnership has produced an online shop dedicated to Gucci items that have been certified by members of The RealReal's team of 150 validation experts. A woman's straw visor is being offered at $361.25.

Marketing 131

Marketing California Retail Innovation 131

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NOVEMBER 5, 2020

Digital delivery service goPuff will acquire BevMo , a specialty beverage retailer based on the U.S. Philadelphia-based goPuff, which bills itself as a kind of catch-all service for helping customers with various everyday shopping needs, is hoping to use the announcement to enter into the California market, the blog post stated.

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