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The resurrection of MEC: Inside the beleaguered retailer's bid for a comeback
Two of MEC's new executives were rooting around in their distribution centre in Surrey, B.C., one day this past January when they struck gold. There, tucked away in a musty 53-foot container, was a pile of snowshoes – a precious resource for…
How Covid is driving an unlikely renaissance of the British retail park
On a frosty spring afternoon this week, cars were queueing down the North Circular ring road around London, waiting to enter the Friern Barnet retail park. Just days after lockdown rules eased in England, allowing non-essential shops to reopen, the…
An activist investor calls for a slate of new directors at apparel retailer Genesco
Published Sat, Apr 17 2021 8:38 AM EDT Business: Genesco is a retailer and wholesaler of branded footwear, apparel and accessories that operates through four business segments: (i) Journeys Group, comprised of retail footwear chains and e-commerce…
Iconic Retail Investor 'Roaring Kitty' Doubles Down On Gamestop, Now Owns 200,000 Shares
You won't find Roaring Kitty Capital, LP in any Goldman Sachs salestrader's rolodex but to the millions of WallStreetBets daytrading fanatics, the name Roaring Kitty is far more popular than Bridgewater, Citadel, or Millennium. And for good reason:…
Missing runDisney Races? Get Some Needed Retail Therapy at Disney World!
Hey, runDisney fans! We know there are no official events going on at Disney World right now, but we did come across something this morning that we thought might interest you. Over at the Walt Disney World Swan Hotel (just outside EPCOT!), we came…
Retail Traders Drove Bitcoin Higher Leading Up to Coinbase Listing, Data Shows
Bitcoin's price rally in the days leading up to Coinbase's hotly anticipated debut on the Nasdaq this week was largely driven by retail traders eager to get in on the action while whales were happy to take their money and swim away, blockchain data…
Bed Bath & Beyond CEO says the retailer wasn't a 'major beneficiary' of stimulus funds
U.S. retail sales data released on Thursday show the significant boost that government stimulus funds gave to retailers in March, but Bed Bath & Beyond Inc. Chief Executive Mark Tritton says his company wasn't dependent on that boost to consumer…
COVID-19 cluster report highlights how cases are spreading at Maui church, Hawaii retailers, tourism industry
The state Department of Health's latest cluster report highlights how the coronavirus spread among four retail salespeople within a two-week span. Out of four COVID-19 cases identified among salespeople working at a retail store, the…
The Pandemic Helped Marketers Kick This Old Digital Marketing Habit
It's highly encouraging to see marketers take a closer look at their digital ad spending and ask harder questions. Many of them paused digital marketing in 2020 due to the pandemic and are being more thoughtful and careful about what they turn back…
Breaking Down What The NFL's Sportsbook Agreements Mean: Both Now, And In The Future
Icon Sportswire via Getty Images In March 2017, NFL commissioner Roger Goodell said that the league and its owners still would “strongly oppose” legalized sports betting, despite the fact that the owners had just voted 31-1 to approve…
How comic-book creators, publishers are changing the industry
2020 hurt the comic-book industry, but independent publishers and creators are pushing forward. Even before the pandemic, small comic shops were suffering as the popularity of big titles dropped. But live video selling, e-commerce, presales, and…
Chinese firms prepare to charge into Europe's electric car market
Tesla boss Elon Musk is not known for admiring his competition, but when Chinese manufacturer Nio made its 100,000th electric car last week, he offered his congratulations. It was a mark of respect from a chief executive who had been through…
Where to buy the Xbox Series X: Updates at Best Buy, Amazon, GameStop, Walmart and more retailers
CNET editors pick the products and services we write about. When you buy through our links, we may get a commission. Finding Microsoft's new console is hard. Here's the latest on retailers that sell the Series X and Series S. It's been months since…
ECB Debates How to Get Back to the Future After Virus: Eco Week
Central banks in Canada, Russia, Israel, Indonesia also meet Weekly take on events in the world economy and their fallout Photographer: Jason Alden/Bloomberg Europe's late but accelerating vaccination push is allowing monetary officials to begin…
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Coronavirus latest: Ontario sees new daily COVID-19 cases edge down, but hospitalizations up
Images are unavailable offline. Ontario's daily COVID-19 case count is down from Friday's single-day high, but the province has set a new record for virus-related hospitalizations. There are currently 2,065 COVID-19 patients in hospital, marking…
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