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January Sees 467,000 New Jobs, Stable Unemployment Rate

CFO News Room

Growth in employment continued in leisure and hospitality, professional and business services, retail trade, and transportation and warehousing. The number of unemployed persons, at 6.5 The number of long-term unemployed (people who have been jobless for 27 weeks or more) declined to 1.7 represented a slight increase of 0.1

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New Eye-Tracking VR Tech By Qualcomm, Accenture Helps Retailers Stack Shelves Better

PYMNTS

Two tech companies and a food brand have teamed up to develop a virtual reality (VR) headset that uses eye-tracking tech to determine the best way that retailers should stock products on shelves, according to a report by VentureBeat. The headset lets retailers track where the wearer looks when walking down the aisles of a virtual supermarket.

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Snap Buys UK Tech Startup Ariel AI, Signaling Push Into AR

PYMNTS

Ariel AI had been concentrating on a type of AI called computer vision, which is used to develop augmented reality (AR) functionalities, CNBC reported. The news comes as virtual reality (VR) and AR are beginning to make larger gains in the retail world. Moreover, the number of VR users globally increased to 171 million in 2018.

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Traditional Healthcare Is Going Under The Knife Of Disruption

PYMNTS

From telehealth to new financing options for patient treatments to big retailers like Walmart , Walgreens and CVS mashing up retail with healthcare, everyone from startups to incumbents are using the pandemic as an opportunity to disrupt — and reinvent — healthcare. Here’s a look at some of the latest developments. We’re in healthcare.

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How to mitigate insolvency risk

Future CFO

Cash flow and liquidity problems: Are your fixed costs or interest payments creeping up, or do you have a high number or amount of customer overdue payments? Shorten your supply chains and avoid concentration in one geographic region. Poor interest coverage ratio: This shows operating profits may not be able to cover interest expenses.

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Nike To Pull Product Listings From Amazon

PYMNTS

The sneaker and sports apparel company said it is going forge new retail partnerships and concentrate on its direct business. We will continue to invest in strong, distinctive partnerships for Nike with other retailers and platforms to seamlessly serve our consumers globally.”.

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Walmart Divests Of Shoes.com, Bare Necessities Brands As Part Of Digital Streamlining

PYMNTS

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. 27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. Bloomberg reported Thursday (Aug. Also last year, Walmart shuttered its Jet.com eCommerce website and phased out the brand.