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Retail News

  • Walmart is bringing Hayneedle in-house

    Hayneedle is closing its headquarters in Omaha and will no longer operate as a standalone business as Walmart brings its business functions in-house. The website, which was acquired by Jet.com in 2016

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  • CVS and Walgreens focus on customers with chronic illness

    Yoga classes and weight loss management are just two of the health services that consumers can now find at CVS and Walgreens. “Given our national scale and local presence, we can address the consume

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  • Private equity killed Fairway

    Fairway Market is a New York City institution known for its extensive product assortment of cheese, imported beer, olives, olive oil, smoked salmon and other items not found in conventional supermarke

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  • Ralph Lauren CEO says Americas closets will look different in 10 years

    Patrice Louvet, the CEO of Ralph Lauren, says the typical consumer’s closet has one section holding all their clothes. Over the next five to 10 years, however, Mr. Louvet believes closets will b

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  • Meat recalls have spiked in recent years

    An analysis of U.S .Department of Agricultural data by the U.S. Public Interest Research Group finds that Class I meat recalls grew 85 percent between 2013 and 2019. The number of Class II recalls inc

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  • African Americans are more likely to be vegans

    A Pew Research Center survey in 2016 found that three percent of American adults are vegan. Eight percent of African American adults identified as vegan in the same poll.

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  • Colgate to acquire vegan oral care brand

    Colgate-Palmolive announced a deal to acquire Hello Products, a manufacturer of eco-friendly and animal cruelty-free toothpaste and mouthwash.

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  • New York City to require businesses to accept cash payments

    New York is joining Philadelphia and San Francisco in requiring businesses to accept cash payments. Mayor Bill De Blasio is expected to sign the bill passed by the city council. “When you open a

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  • Nearly half of retailers liquidate stores after filing for bankruptcy

    Forty-five percent of retailers that have filed for Chapter 11 bankruptcy protection over the last 15 years have eventually closed all their locations, according to Fitch Ratings.

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