Store closings abound and fast and free shipping

When Amazon started its prime shipping in 2005 that started a trend in shipping expectations from other retail merchants. 43 percent of those who shop online check out shipping charges and base many times base their purchases on what’s fast and free. The holidays are right around the corner and customers will be looking for…

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JCP hit the list of concerned loans, high risk of default

JCP denied speaking to advisers earlier this week with concern over the status of their loan and sales continuing to decline. Apparently they didn’t think anyone would notice they are floundering like the entire retail world is aware of it. J.C. Penney is among the latest additions to Fitch Rating’s “loans of concern” list, indicating…

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Amazon Prime Days more lucrative than expected

Amazon’s Prime Day—the retailer’s annual two-day discount shopping event—was more lucrative than its most recent Black Friday and Cyber Monday events combined, reported the retailer. Prime Day 2019 took place July 15 and 16, and “was once again the largest shopping event” in Amazon’s history, the company revealed in a public statement. U.S. Prime members bought more than 175 million items. The…

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Where our teens like to shop and more closures

Teens spend $2600.00 a year on food and clothes. Luluemon, Amazon, and Ulta are the favorites for shopping and Chipotle and Chick-fil-A are favored places to eat. 8,000 teenagers were asked where they shop and like to eat and these were the favored places. The average age was 16 and 54 percent male and 46…

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