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Today In Retail: Bed Bath & Beyond Completes Sales Of Cost Plus World Market; Starbucks To Help Out Washington State With Vaccine Distribution

PYMNTS

In today’s top retail news, Bed Bath & Beyond said it has finished its sale of Cost Plus World Market (CPWM) to a private equity firm, while Starbucks will help Washington state with the distribution of coronavirus vaccines. Bed Bath & Beyond Finishes Sale Of Cost Plus World Market To PE Firm. Bed Bath & Beyond Inc.

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IFC, Citi Launch $800M Fund To Support Trade Finance In Emerging Markets

PYMNTS

have established an $800 million fund to boost trade finance in emerging markets. IFC, the Washington, D.C.-based Across the globe, the COVID-19 pandemic is disrupting supply chains, decreasing demand, and causing overall market anxiety,” said Paulo de Bolle , global director of IFC’s Financial Institutions Group, in a statement.

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Washington State AG Sues Debt Buyers for Operating Without a License

CFPB Monitor

On September 21, 2018, the Attorney General for the State of Washington filed a lawsuit (see complaint ) against several companies engaged in purchasing charged-off consumer debts, for operating as “collection agencies” without a license, in violation of the Washington Collection Agency Act (WCAA).

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IFC, Citi Launch $8M Fund To Support Trade Finance In Emerging Markets

PYMNTS

have established an $800 million fund to boost trade finance in emerging markets. IFC, the Washington, D.C.-based Across the globe, the COVID-19 pandemic is disrupting supply chains, decreasing demand, and causing overall market anxiety,” said Paulo de Bolle , global director of IFC’s Financial Institutions Group, in a statement.

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Square Partners With Washington Nationals To Offer In-Seat Concessions

PYMNTS

Payments company Square has partnered with the Washington Nationals and Levy Restaurants to let fans order concession menu items right from their seats, according to reports. Alan Gottlieb, chief operating officer at Lerner Sports Group, said it was important for Nationals fans to get the most out of their ballpark experience.

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Microsoft Catches Up To Amazon In Market Value

PYMNTS

2, as Microsoft has rallied to be neck and neck with Amazon in terms of market capitalization. The two Washington state-based companies are within one percentage point of each other, with a market cap of about $723 billion, thanks to a week-long rally in Microsoft shares coupled with a slump in Amazon shares, reported 24/7 Wall St.

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Careem Concludes Operations In Sudan

PYMNTS

Less than a year after the ride-hailing company rolled out in Sudan, Careem has concluded its operations in the country, with a planned takeover by Uber on the horizon. The firm started its Sudan operations in September 2018 following the lifting of economic sanctions by the United States in 2017, Reuters reported. ” In a U.S.