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The News, Commentary & Events that Shaped Commerce This Week
week of 2/23/2018 |
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Walmart Cites Operational Issues in Q4 Ecommerce Slowdown |
Due in large part to inventory management issues around the critical holiday period, Walmart reported a serious slowdown in its booming ecommerce growth during the fourth quarter, which increased 23% compared to a 50% gain a year earlier. See what these challenges were for Walmart and what it meant for sales in the fourth quarter. …» |
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Albertsons and Rite Aid to Merge |
Albertsons and Rite Aid plan to merge, with Rite Aid top executive John Standley as CEO and Albertsons chairman and CEO Bob Miller as chairman. Terms of the deal were not disclosed. See how the merger will expand Rite Aid's omnichannel operations. …» |
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Toys R Us Closing 200 More Stores, Prospects Growing Dim |
Embattled toy and game chain Toys R Us plans to close another 200 stores, and its web relaunch didn’t happen on schedule, prompting many observers to cast doubts on its future viability. This is on top of a previously announced closure of 170 stores in April.…» |
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The MCM Network Source Directory |
Offers easy access to all the leading products, technology and services available – searchable by type, geography and name. Start your search. |