Remove eCommerce Remove Forecasting Remove Planning Remove Restructuring
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Deutsche To Invest Billions In Automation, Analytics

PYMNTS

German shipping and logistics company Deutsche Post DHL has investment and expansion plans to capitalize on the growing eCommerce space worldwide, according to a report from Reuters. It aims to see better profits by restructuring and raising prices to raise its 2019 forecast, despite potential global trade difficulties ahead.

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Four Things Walmart’s Strong Earnings Say About Retailing To A Pandemic World

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percent forecast and the 1.9 Even eCommerce giant Amazon had to switch its priority to shipping essential household and medical items amid delivery delays. Walmart also highlighted the launch of 139 COVID-19 testing sites so far in store parking lots, with an additional 44 planned to be up and running by May 31. Safety First .

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Abercrombie & Fitch To Close 40 Stores Within A Year

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It also reported same-store sales growth of 3 percent, beating Wall Street’s forecasts of 1.5 Abercrombie is the latest retailer to reveal plans to shutter stores. The current plan is to close all Canadian operations by April 30, and all U.S. locations by May 21. “We

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Sears Shares Sink As Investors Jump Ship

PYMNTS

One of the areas that has increasingly become an issue for Sears is the eCommerce landscape with giants like Amazon moving in on their turf. While historical performance drives the disclosure, our financial plans and forecast do not reflect the continuation of that performance.”.