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Today In Retail: UK Merchants Brace For Lockdown, Mall Groups File For Chapter 11 And Brands Will Be Big This Holiday

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The top stories today in retail include merchants in the U.K. the mall companies, Philadelphia-based PREIT and Tennessee-based CBL & Associates both announced they would be filing for Chapter 11. Nonessential retail can only remain open for delivery and curbside pickup. While in the U.S.,

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Kroger, Walgreens Pool Resources In Retail Procurement Alliance

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Kroger and Walgreens are expanding their partnership to create a new group purchasing organization (GPO) called the Retail Procurement Alliance, which will pool resources to cut costs and advance innovation, the companies said in a press release on Wednesday (Dec.

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PSCU’s Lumin Enables Digital Payments For TN Credit Union

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The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. The new platform should be available to First South Financial customers in June of 2020.

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Walgreens And Kroger Widen Retail Partnership

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With an expansion of a retail partnership between The Kroger Co. and Walgreens Boots Alliance, a Kroger Express grocery assortment and the Kroger Pickup service will come to 35 Walgreens locations in the Knoxville, Tennessee market. ” The report comes as news surfaced in December of last year that The Kroger Co.

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Retail Labor Shortage Concerns Deepening

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A good economy is good news for retailers in a variety of regards. But for retailers going into the holiday season 2016, a good economy is creating yet another headwind for physical retailers who’ve spent much of the year being buffeted constantly by market pressures. Employment, according to the latest figures, hit 4.9

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Echelon Pulls In $65 Million In Funding As ‘Connected’ Fitness Takes Off

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Echelon Fitness of Tennessee has raised $65 million in funding as the internet-connected fitness company takes advantage of pandemic-fueled growth. Echelon's products are available online as well as through retailers that include Walmart, Dick's Sporting Goods, Costco and Amazon. million from $228 million a year ago.

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Kohl’s To Reopen Stores In 10 Additional States

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After opening retail locations in four states, Kohl’s said it intends to open stores in 10 more states on Monday (May 11) as it follows a phased approach to retail reopening. The company said in an announcement that it will also open further retail locations in the weeks to come with “the same deliberate, measured approach.”.