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The News, Commentary & Events that Shaped Commerce This Week
week of 1/6/2017 |
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| Sears Holdings Sells Craftsman to Stanley Black & Decker |
| Ending years of speculation, Sears Holdings will sell its popular Craftsman brand to Stanley Black & Decker for an estimated $900 million. It is also closing 108 Kmart and 42 Sears locations, while getting $150 million in loan guarantees from its CEO. So what's in store for its other popular brand - Kenmore appliances - as the retail business continues to decline rapidly?…» |
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| Third-Party Sellers on Amazon Saw 2016 Boom |
| Amazon shipped over 2 billion items worldwide in 2016 for third-party sellers on its marketplace using its fulfillment services – more than double the figure from 2015. See what other milestones the company achieved in 2016 and during the holiday season.…» |
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| Major Retail Chains Closing Hundreds of Stores |
| In a brutal retail environment, retail chains continue to shutter hundreds of store locations even as ecommerce growth continues to boom. See what is causing the store closures and how ecommerce is playing a role. …» |
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