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Month: July 2018

Cramer: If you’re worried about the economy, just look at the retail stocks

Jim Cramer makes the case for embracing the strength of the U.S. economy by tracking the gains in top retail stocks like Walmart.

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Lidl plans to build 3000 homes and primary school

Lidl has ramped up its property development initiative and has announced plans to build 3000 homes and a primary school as a tactic to secure planning permission for new stores. It is understood that the grocer’s latest move into property development is part of its drive to open 50 stores a year across the UK, seeking to find a way around difficulties in securing planning for stores across London






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John Lewis Partnership’s sales hit hard by heatwave

John Lewis Partnership’s sales were heavily affected by the ongoing heatwave last week, damaging John Lewis’ sales but boosting Waitrose’. For the week ending July 28 the department store saw overall revenues jump 2.4 per cent compared to the same period a year prior.






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First Look: The RealReal takes online experience to brick-and-mortar

With luxury resale booming, online consignment start-up The RealReal is on a roll, opening its second permanent store on the heels of securing a new round of funding.






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Tory Burch moves Down Under

An upscale women’s apparel and accessories company is opening its first location in Australia.






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Kidbox launches private-label lines, and new ‘box’

A children’s clothing-in-box company is launching new apparel options — just in time for back-to-school season.






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Online marketing execs frustrated job-wise

A good number of digital retail marketing leaders are looking for new jobs.






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Campbell Soup taps Deloitte for critical review amid pressure from Third Point

Campbell announced the review after it unveiled “unacceptable” earnings and the departure of CEO Denise Morrison. 






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Kroger reportedly considering extending Visa ban

The Kroger Co. is at odds with Visa over swipe fees.






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Innovative, healthy-nutrition grocery concept to debut in Northwest

A new company backed by the founder of Pacific Foods is looking to reinvent the grocery store model.






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