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Today In Retail: Amazon Grows Palm Biometrics In Washington State; Toyota, Lexus Take Control Of Online Buying Platforms

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In today’s top retail news, Amazon Go stores in Seattle are reportedly being equipped with Amazon One palm-reading scanners, while automotive brands are taking control of digital purchasing platforms. The clothing market is a quickly evolving place, a fact showcased by Amazon’s quickly increasing share of the market.

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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

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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. The count of U.S.

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Lord & Taylor Joins Retail Bankruptcy Watch

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The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that option. Lord & Taylor, now joining Neiman Marcus, is considering a bankruptcy filing as the COVID-19 lockdown continues to decimate non-essential retail. billion in sales.

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Report: Washington Post’s Arc Publishing On Delivering Digital Payments Choice

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Consumers are showing little interest in returning to in-store shopping six months into the pandemic, leading retailers around the globe to double down on their digital capabilities to convert these new digital-first shoppers. The trouble then becomes how to maintain and manage payment systems that use multiple payments integrations at once.

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As Virtual And Augmented Reality Rise, Retail Use Cases Come Into Focus

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Don’t look now, but virtual reality and augmented reality are starting to make bigger gains in the retail world. The spread of VR and AR technology is not confined to physical retailers, either — eCommerce giants are getting into the game as well. billion via retail and marketing in 2022. Larger Trends.

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Federal Workers Allowed To Purchase Supplies From Online Retailers

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Federal workers, through partnerships with several online retailers, will now be able to purchase equipment like desks or office supplies through an eCommerce network for the first time, The Washington Post reports. The GSA is estimated to spend around $6 billion per year on open market credit card purchases.

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Malls Embrace Modular Retail Tenants

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In one case, real estate investment trust (REIT) Macerich is bringing a concept called BrandBox to its Tysons Corner Center mall in a Washington, D.C. The space can appeal to digital native brands that might want to dip their toes into the world of brick-and-mortar retail. Mall Owners Get Flexible With Spaces.

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