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Milkrun seeks investment as a perfect economic storm hits instant delivery

Inside Retail

That reticence was backdropped by significant operating costs at Milkrun, which eschews the independent contractor model and uses employees to deliver groceries. At the same time, the return of in-person shopping after Covid-19 restrictions bit into the sector’s lockdown-era market share.

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Destination XL Taps $17.5 Million Loan to Fuel Liquidity After Difficult Fiscal 2020

Retail TouchPoints

Destination XL, which operates the DXL Big + Tall and Casual Male XL brands and ecommerce sites including dxl.com, has pivoted its operations to recover from the pandemic. Efforts include adjusting its product assortment, negotiating relief in occupancy costs and restructuring its operating expenses.

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Wish Sold to Asian Ecommerce Platform Qoo10 for $173 Million

Retail TouchPoints

What the Future Holds for ContextLogic Without the drag of Wish on its balance sheet, ContextLogic will have limited operating expenses and will be debt-free. billion of Net Operating Loss (NOL) carryforwards, as well as look for a “financial sponsor” to help the company realize the value of its tax assets.

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It’s Not Really Free Delivery!

Hyken

How often are we told a company offers free delivery, free returns, free refills on soda … you get the idea. By keeping operating expenses low, they can charge a competitive price for an airline ticket that doesn’t require the customer to pay extra for checked baggage. After reading this, some of you may think I’m against free.

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Target, Macy’s and Dollar Tree Prep for a Tough Year Despite Holiday Success

Retail TouchPoints

Dollar Tree’s outlook includes about $430 million in operating expenses across a number of investments, including plans to increase average wages by $2 per hour. “We

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Making Infrastructure Ready for the Future of Work

Cisco Retail

Organizations have been rapidly adopting new digital and cloud capabilities and are now faced with determining what types of technology investments they need as their workforce begins to return to the office. As they invest in new technologies, CIOs must determine how to pay, consider return on investments and their budget.

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

Retail TouchPoints

The company entered 2020 with $850 million in cash reserves, and has plans to save $500 million in operating expenses, capital expenditures and working capital during fiscal 2020. Abercrombie has a similarly positive outlook despite its troubles.