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Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals

Retail TouchPoints

Q1 2020 financial results for Costco , Nordstrom and Abercrombie & Fitch encapsulate how three retail verticals — club, department and specialty apparel — are weathering the COVID-19 pandemic. sales increase for Q1 2020, largely fueled by a 66.1% In 2019, our off-price and e-Commerce businesses accounted for nearly 60% of sales.

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SBA Asking for Input on COVID Grants and Loans for Small Business

Small Biz Trends

The survey deals with SBA’s flagship COVID relief, namely PPP COVID EIDL; SBA Express Bridge Loan; Shuttered Venue Operators Grant; and Restaurant Revitalization Fund. SBA Express Bridge Loans offered small businesses affected by Covid-19 to get up to $25,000 to cover operational expenses.

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Delivering Worry-Free Network as-a-Service: A Cisco Partner Story

Cisco Retail

Braathe Gruppen—Cisco Norway 2020 Cloud Partner of the Year—had very modest beginnings. What Braathe understood back in 1989 holds even truer today: Organizations want to focus their limited resources on core competencies, whether in construction, healthcare, or accounting. Co-Authored by Alexandra Zagury.

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Report: Amazon Considering Peloton Acquisition as Fitness Company Seeks Profitability

Retail TouchPoints

He also was CFO of Spotify from 2015 to January 2020 and has served on the boards of companies including Pandora and Rent the Runway. The company is aiming to achieve at least $800 million in annual run-rate cost savings through operating expense efficiencies and margin improvement in its Connected Fitness category.