The day's most important news and information. A Fourth Estate® Service

Wednesday, April 21, 2021

Retail Industry

    Business Operations

    Walmart Allowing Non-US Vendors on Marketplace

    Walmart Inc. has removed rules requiring sellers on its marketplace website to be registered in the United States. This month, Walmart allowed foreign sellers to...
    Fourth Estate Wire -
    Business and Finance

    Retail Spending Falls 3 Percent as Economists Predict Spending Surge

    Retail spending in US stores fell 3% in February, but economists expect consumer spending to rise following the arrival of Biden's stimulus checks. The pullback...
    Fourth Estate Wire -
    Business Operations

    ‘Dollar Tree’ to Open 600 New Hybrid Stores in 2021

    Discount retailer Dollar Tree plans to open 600 new stores and renovate 1,250 after they reported lower than expected quarter four sales. Dollar Tree's net...
    Fourth Estate Wire -
    Amusement and Theme Parks

    Disney to Close 1 in 5 Retail Outlets

    Disney plans to close 20% of their brick and mortar locations as the company plans to move more of its retail business online. The movie...
    Fourth Estate Wire -
    Arts and Crafts

    Michaels to be Taken Private in $3 Billion Deal with Apollo Global

    Arts and crafts retailer Michael's announced it would be taking the company private in a $3.3 billion deal with Apollo Global Inc. Apollo Global has...
    Fourth Estate Wire -
    Retail Industry

    Japanese Department Store Sales Sharply Fell In January

    Japanese Department store sales fell 29.7% last month following another state of emergency in Tokyo due to the COVID-19 crisis.  Sales of 196 stores run...
    Fourth Estate Wire -
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