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Ron Johnson’s Enjoy Technology Files for Bankruptcy, Set to be Sold

Retail TouchPoints

Six years later, Johnson might answer that question differently — his “commerce-at-home” startup Enjoy Technology filed for bankruptcy on June 29, 2022, after a series of setbacks including staffing shortages and dwindling liquidity. as of July 1, 2022.

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AWS to Invest an Additional $7.8B to Expand Ohio Facilities

Retail TouchPoints

The industry was worth an estimated $480 billion in 2022 and is expected to reach $1.7 This includes a combination of actual Amazon employees and employees at local vendors that support the Amazon facilities, in sectors including telecommunications, software development, facilities maintenance and electricity generation.

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FTC Proposes Rule Banning “Junk Fees”

Hunton Andrews Kurth

The FTC announced a Notice of Proposed Rulemaking (NPRM) targeting misleading and hidden fees, commonly known as “junk fees,” and how businesses may advertise and market prices to consumers. The NPRM was drafted based on over 2,000 public comments to the FTC’s Advance Notice of Proposed Rulemaking published in November 2022.

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Strategies for Retailers to Weather the Storm this Hurricane Season

Retail TouchPoints

Hurricane Season 2022 is underway, and with it comes the looming threat of outages and downtime for retailers. According to the Uptime Institute’s 2022 Outage Analysis, more than 60% of outages reported in the time covered resulted in at least $100,000 in total losses, up from 39% in 2019. The Impact of Downtime.

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Retail appointments of the week

Inside Retail

George has extensive experience and background in telecommunications, media and corporate finance. Booktopia’s strong market position and loyal customer base mean it has huge potential for further growth,” said George. He has been executive chairman of Retail Food Group since 2018, a role he will continue to hold simultaneously.

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UK small businesses squeezed by shrinking sales and unapproved debt

365 Retail

Only small businesses operating in the information, media and telecommunications sector (+9.6% Jobs market remains weak, despite rise in wages . percent y/y – the same decline as in the year to June 2022. The softness in sales was felt particularly strongly by small businesses in the retail sector, which saw sales fall by 6.9

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Can Singapore’s CapitaLand maintain its momentum as the economy slows?

Inside Retail

That’s been happening in the context of improving economic fundamentals and a faster pace of recovery from the pandemic doldrums, giving Singapore’s mall tenants significant sales momentum since the first half of 2022. That momentum is continuing into the first five months of this year. million, up 14.4 per cent from a year ago.