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+26 +1
The History of Sears Predicts Nearly Everything Amazon Is Doing
One hundred years ago, a retail giant that shipped millions of products by mail moved swiftly into the brick-and-mortar business, changing it forever. Is that happening again?
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+14 +1
'Bing, bang, boom, I'm done': Scan-and-go shopping coming to Canadian Walmart stores
New scan-and-go technology being rolled out at Walmart stores allows shoppers to scan and bag their items while they shop, and it may lead to customers bypassing checkout altogether.
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+2 +1
Apple Pay Expanding to All Saks Fifth Avenue, Albertsons, Dick's Sporting Goods, and Other Locations
Apple Pay is rolling out to all Saks Fifth Avenue, Albertsons, and Dick's Sporting Goods locations across the United States. It's also coming to McDonald's and Chipotle's order-ahead apps in several cities later this year.
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+20 +1
Sears Stops Selling Whirlpool Appliances, Ending 100-Year Relationship
Sears, once the place to purchase home appliances, will soon have a smaller inventory to offer the few customers it has left: After a nearly century-long relationship, Sears and Whirlpool have cut …
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+18 +1
Apple Says iPhone X Demand is 'Off the Charts' After Device Quickly Sells Out Around the World
iPhone X pre-orders began at 12:01 a.m. Pacific Time today and effectively sold out in just minutes. Orders placed now are estimated to ship in five to six weeks, pushing deliveries into early December. While the shipping estimates aren't a reliable indicator of iPhone X sales without knowing how much supply is available, Apple issued a statement to MacRumors indicating that customer demand is "off the charts."
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+13 +1
'Duped': Sears shoppers allege retailer inflated prices for liquidation sales
Sears shopper Elizabeth MacMillan says she feels misled by the retailer's liquidation sales, where she found items priced higher than when she last visited the store. "I was really, really turned off," MacMillan said. "It's deceptive." She's one of several customers CBC News interviewed who uncovered altered prices at Sears liquidation sales. They suspect price tags were marked up to offset the advertised discounts that ranged from 20 to 40 per cent.
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+21 +1
Amazon unveils more Whole Foods price cuts ahead of Thanksgiving
Amazon on Wednesday unveiled more discounts on several grocery products at Whole Foods Market, days ahead of the Thanksgiving holiday, sending stocks of rival U.S. grocers lower in early trading. The lower prices include deeper discounts on some items for Amazon Prime members and come on top of price cuts already announced by Whole Foods in August, when Amazon completed its $13.7 billion acquisition of the upscale grocer.
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+22 +1
The Cause and Consequences of the Retail Apocalypse
Private equity firms overburdened businesses with debt, and now workers are paying the price. Will policymakers do anything about it? By David Dayen.
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+26 +1
Sears is teetering on the edge of bankruptcy and Kmart could be its first casualty
Sears' pool of assets is shrinking and its core business is showing no signs of improvement, analysts say.
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+4 +1
Warehouse cleanup around the holidays
There's too much to do during peak retail season to worry about cleaning up. Try these easy methods to get your warehouse clean after the holiday rush.
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+17 +1
Retail is suffering because the middle classes have lost $1,355 trillion in income since 1970
Nowadays, there are a lot of articles being written about the collapse of retail in the USA. Some people blame Amazon and online shopping, but that is only a trivial part of the problem. $1,355,610,000,000 of consumer spending is missing from the demand side of USA spending, and that should be kept in mind whenever you read an article about retail going through hell. The big boom in retail in the mid-20th century was thanks a strong middle class. Conversely, the collapse of income of the middle quintiles of income must lead to a contraction of retail. Consider these charts:
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+35 +1
A tsunami of store closings is about to hit the US
More than 12,000 stores are expected to close in 2018 — up from roughly 9,000 closings in 2017.
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+26 +1
Walmart is abruptly closing 63 Sam's Club stores and laying off thousands of workers
Walmart is abruptly closing Sam's Club locations across the US.
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+34 +1
Amazon Go Cashierless Convenience Store Opening to the Public
After a nearly 14-month trial run open only to the Seattle company’s employees, Monday marks the public debut of the store — among Amazon’s boldest efforts to reshape brick-and-mortar shopping.
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+5 +1
Here's why an Alibaba-Kroger partnership makes sense for both sides
Alibaba and Kroger are considering working together in some capacity, and executives have met to discuss the possibility
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+1 +1
Report: Israel's prime minister and Walmart discussed potential investments
The door to Prime Minister Benjamin Netanyahu's office "is open," top Israeli official told Walmart, according to Bloomberg News
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+1 +1
Grocer Albertsons eyes Rite Aid deal in health care push :: WRAL.com
The owner of Safeway and other grocery brands is buying the drugstore chain Rite Aid as retailers continue to plunge deeper into health care and adjust to swiftly changing shopping habits.
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+18 +1
Best Buy closing 250 small-format mobile phone stores
Best Buy plans to close all of its 250 small-format mobile phone stores in the U.S. by the end of May. The stores — most of which are in shopping malls, and at 1,400 square feet are much smaller than Best Buy’s 40,000-square-foot big-box stores — have become less profitable for the Richfield-based electronics chain.
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+36 +1
All Toys R Us stores to close their doors
All Toys R Us stores in the UK will close in the next six weeks following the chain's collapse into administration. Attempts to find a buyer for the US retailer's 100 stores in the UK have failed. Twenty five stores have either closed in recent days or are due to shut by Thursday. The collapse will put more than 3,000 people out of work as a dismal period for the retail sector continues.
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+16 +1
Large U.S. Retailers Urge Trump not to Hit China with Tariffs
Several large U.S. retail companies, including Wal-Mart Inc, Target Corp, Best Buy Co Inc and Macy's Inc, on Monday sent President Donald Trump a letter urging him not to impose massive tariffs on goods imported from China.
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