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+26 +1
How Stores Are Designed To Fat Shame
Store layouts often discriminate against plus-size shoppers, writes professor Kathryn Anthony. What can be done about it?
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+7 +1
hhgregg may close all 132 locations, liquidate items if company isn't purchased
hhgregg, an Indianapolis-based electronics and appliances chain, plans to close its 132 locations and liquidate all merchandise if it is unable to find a buyer within the next week.
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+22 +1
America’s Retailers Are Closing Stores Faster Than Ever
The battered American retail industry took a few more lumps this week, with stores at both ends of the price spectrum preparing to close their doors.
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+19 +1
What America Would Look Like If Libertarians Got Their Way
What if you cut all benefits? What if all of public life were a giant competition? What libertarianism would look like in real life. These four libertarian/conservative dystopias are offered, as Rod Serling used to say in "The Twilight Zone," "for your consideration."The “Libertarian/Conservative”
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+24 +1
Retailers Are Going Bankrupt at a Record Pace
Department stores, electronics sellers, and clothing shops are most at risk. Retailers are filing for bankruptcy at a record rate as they try to cope with the rapid acceleration of online shopping. In a little over three months, 14 chains have announced they will seek court protection, according to an analysis by S&P Global Market Intelligence, almost surpassing all of 2016. Few retail segments have proven immune as discount shoe-sellers, outdoor goods shops, and consumer electronics retailers have all found themselves headed for reorganization.
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+17 +1
Hard times for Whole Foods: 'People say it's for pretentious people. I can see why'
Lunchtime customers at Whole Foods in Manhattan’s Union Square had little trouble expressing the shortcomings that have led the once high-flying, organic-focused retailer to become linked with a takeover. “I love the sushi, but I wouldn’t shop here except maybe for a special ingredient,” said Argentinian software designer Benjamin Vinas. “People say Whole Foods is for pretentious people, and I can see why. It’s too expensive. I don’t have the budget.”
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+29 +1
The Long, Hard, Unprecedented Fall of Sears
An icon of 20th century American retailers laid low. In 1989, Sears Roebuck & Co. ruled America as its biggest retailer. It loomed over rivals from a perch high above Chicago, inside what was once the world’s tallest building—one bearing the company’s name. The fall from that height may finally be nearing an end.
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+12 +1
Largest Czech Online Retailer Alza Accepts Bitcoin, Installs 2 Bitcoin ATMs in Showrooms
Founded in 1994, Alza.cz Inc was previously called Alzasoft. Originally known for electronics and computer technology, Alza now sells a wide range of products including home electronics, toys, cosmetics, magazines, and sporting goods. The company expanded its operations into 26 European countries in 2014.
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+24 +1
Amazon vs Walmart: It's on!
Retail will never be the same as the two giant retailers battle over the merger of online and brick-and-mortar shopping.
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+13 +1
Chain store closing can be a blow or a blessing for small businesses
"I feel mass/chain store closings scare people, and make them realize how many jobs and tax dollars are lost and want to support the local retailers more," Shlifka says.Photo gallery:
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+24 +1
A Mysterious Anonymous Letter Was Allegedly Behind Target’s Decision To Stop Selling Hampton Creek
A source close to the eggless mayonnaise startup said that a mysterious letter — falsely attributed to Hampton Creek’s CEO — alleged that its products were unsafe and mislabeled.
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+10 +1
Apple Pay Usage Estimated to Rise Sharply in United States Due to Frustration With Slow Chip-and-PIN Cards
Contactless payment methods like Apple Pay will rise sharply in the United States, from less than 2 percent of transactions this year to 34 percent by 2022, according to a new report shared by research firm Juniper Research.
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+10 +1
Sears to shutter another 28 locations, as same-store sales tumble 11.5%
Sears reported a double-digit decline in comparable sales for the second quarter, citing a "retail environment [that] remained challenging."
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+17 +1
Once the world's largest mall, now an Amazon fulfillment center
It's a sign of the times. Online retail powerhouse Amazon is constructing a shipping center on the site of an Ohio shopping complex that briefly boasted the title of "the world's largest mall." The North Randall, Ohio mayor said he expects the facility to create 2,000 jobs in the area.
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+30 +1
Amazon Cuts Prices at Whole Foods by Up to 43% on First Day
Amazon.com Inc. spent its first day as the owner of a brick-and-mortar grocery chain cutting prices at Whole Foods Market as much as 43 percent. At the store on East 57th Street in Manhattan, organic fuji apples were marked down to $1.99 a pound from $3.49 a pound; organic avocados went to $1.99 each from $2.79; organic rotisserie chicken fell to $9.99 each from $13.99, and the price of some bananas was slashed to 49 cents per pound from 79 cents.
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+5 +1
Amazon is actually the weakest of the big U.S. retailers, Moody’s says
Amazon.com Inc. is far from dominating the retail sector, and is actually weaker than rivals including Wal-Mart, Costco and Best Buy, according to a new Moody’s report.
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+17 +1
Amazon Prime Now Will Deliver Wine to Your Door in One Hour
Amazon has rolled out some key changes since it was purchased by Whole Foods earlier this year, with the newest addition to Amazon Prime Now being one of the biggest. The service—which is available in 30 U.S. cities—allows members to order household items straight to their door and receive them in an hour. Well, it seems the retailer has one-upped itself: Now included in that delivery service is wine.
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+27 +1
Toys"R"Us hosting a midnight launch for the SNES Classic Edition
For the many of you who struck out on the SNES Classic Edition pre-orders online, the good folks at Toys”R”Us have confirmed via Twitter that the stores will having midnight openings for the SNES Classic on the evening of Thursday, September 28th.
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+25 +1
Target to raise its minimum wage to $11 per hour, promising $15 by 2020
Thousands of Target employees are about to get a raise. The big-box retailer on Monday said it will start to increase its hourly minimum wage to $11 beginning next month. Target's minimum wage was previously boosted to $10 per hour last May. The pay raise will outpace Wal-Mart's recent minimum wage increase. The two retailers have been engaged in a silent wage war that dates back years.
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+15 +1
Best Buy is the latest victim of the retail apocalypse as pressure from Amazon sends shares plunging 10%
Best Buy's attempts to fend off the looming retail apocalypse took a huge hit on Tuesday. At its first investor day since 2012, the company issued long-term forecasts that fell short of analyst expectations, stoking fears that mounting competition from the likes of Amazon will eat into future profits. The reaction from investors was swift and punishing, as Best Buy's stock dropped as much as 10% to $51.61, wiping out roughly $1.7 billion in market value at its lows for the day.
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