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New Amazon retail store sells products rated 4 stars or above only
Amazon.com Inc. today opened a new vertical of its physical retail stores, Amazon 4-Star at New York’s neighborhood, SoHo. As the name suggests, all …
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Michael Kors buys Italian luxury fashion house Versace for $2.1 billion
Michael Kors Holdings Limited (NYSE:KORS) on Tuesday agreed to purchase Europe’s prominent luxury fashion house, Gianni Versace, for nearly $2.1 billion (€1.83 billion). Versace …
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IKEA’s Innovations around the World
Ask anyone, “Any idea where I could buy good fashionable furniture from?” The reply will mostly be, “I have an idea. It’s IKEA!” Making …
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Amazon and Walmart Battle It Out in India
Over the recent weeks, the Indian e-commerce sector seems to have turned into a giant battlefield for behemoths Walmart and Amazon. The opportunities presented …
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Amazon May Open 3,000 Amazon Go Stores by 2021
Amazon is planning to open as many as 3,000 of its cashierless stores, Amazon Go by 2021, as reported by Bloomberg. Amazon Go stores currently …
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Walmart tries to woo Millennials with Jet’s makeover
Two years after Walmart Inc. acquired it for $3.3 billion, Jet is getting a fancy makeover to woo millennial customers. A new shopping experience …
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PillPack acquisition is the key to Amazon’s plan to cut down healthcare cost
The US $300 billion online pharmacy market is expected to experience huge changes in the nearest future following Amazon’s PillPack acquisition in July. While …
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Swatch Group Profit Grows 67 Percent in the First Half of 2018
The situation of the Swiss watch industry seems to rebound post multiyear dooms. Swatch Group reported Wednesday a 66.5 percent increase in net income …
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Pininfarina Previews $2 Million Electric Hypercar
The Germany-based start-up, Automobili Pininfarina, a spin-off of the 88-year old Italian design house and owned by Indian car maker Mahindra & Mahindra, teased …
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Tesco and Carrefour Inks Strategic Alliance To Cut Prices
The UK-based Tesco Plc announced to form a strategic alliance with France-based Carrefour SA to survive in the competitive environment of the retail market. …
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De Beers Now Wants to Monopolize the Man-made Diamond Jewelry Industry
De Beers Group, the leading advocate of ‘Real is Rare’ campaign, announced last month that it is bringing laboratory-grown diamonds (LGDs) to the mass …
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Solving Housing Shortage Problem with an Affordable 3D Printed Cabin
Using 3D printing technology, California-based Emerging Objects designed a mesmerizing 3D printed cabin. Calling it the Cabin of 3D Printed Curiosities, it is built …
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How can biodegradable plastic solve the plastic pollution problem?
In December, nearly 200 countries including the U.S., China, and India signed a United Nations resolution to eliminate plastic pollution in the sea. The …
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5 Million Saks Fifth Avenue and Lord & Taylor Customers Data Hacked
Hudson’s Bay Company (HBC) confirms theft of payment card details at its Saks Fifth Avenue, Saks OFF 5TH, and Lord & Taylor stores in North America. Over five …
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From Toys”R”Us to Toys Were Us
The iconic toymaker has filed for liquidation and is closing down all of 735 stores in the US including stores in Puerto Rico. It …
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IKEA founder Ingvar Kamprad, Dies At 91
Ingvar Kamprad, the founder of IKEA (Sweden’s furniture chain) in 1943 aged 17 dies at the age of 91. According to a statement released on …
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Europe to have its first ever physically present Microsoft store
Have you ever walked into an electronics store and wished that you owned almost all kinds of devices present there? Well, it is a …
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Google Walmart partnership will provide an online shopping voice assistant
We live in an era wherein online shopping is the most preferred way of shopping by a majority of people in the world. Adding …
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3 Simple Branding Lessons from Brandless Online Store
Unless you’ve been living under a rock for the past few days, you’ve probably heard about this hot e-commerce company Brandless launched last week. …
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IKEA NASA Collaboration to Make Furniture Resembling Life in Space
Often we talk about how technology needs to stay updated with the times in all its sectors. Discussions about such upgrades in terms of …
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Following Apple’s Decision Samsung Invests $760 Million in India
It’s hard not to watch Apple invade the second-largest smartphone market in the world and not feel like Samsung blew an opportunity. Four months …
