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Amazon Sellers Have A Merry Christmas, But Struggle With Returns

PYMNTS

Now those sellers have to play on the same returns field as their bigger competitors, as returns season follows what was a watershed event for Amazon and its sellers. We are urging them to process these returns as quickly as possible," said CJ Rosenbaum, Esq., 31 can be returned until Jan. That’s the good news.

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AutoNation Returns $79M In PPP Funds

PYMNTS

On the same day AutoNation , the Florida car retailer, reported a net loss of $232 million from operations in the first quarter, its CEO said it has returned $79 million in Paycheck Protection Program (PPP) loans. First quarter adjusted net income from operations was $82 million, or $0.91 Same store first quarter 2020 revenue was $4.7

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Holiday Sales Shot Up 8.3 Pct In 2020

PYMNTS

percent higher in 2020 than in 2019, surprising even the National Retail Federation (NRF). The NRF said 2020 retail sales from Nov. billion in 2020, a 32 percent increase from 2019. percent seasonally adjusted from November, but up 2.9 Despite the ongoing pandemic, retail holiday sales were 8.3 31 were $789.4

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Examining BNPL Solutions’ Role In The 2020 Holiday Shopping Season

PYMNTS

The pandemic has changed the rules, however, and merchants have rapidly adjusted to a retail climate in which customers retain significant health concerns. I think there are a lot of things that 2020 taught us for sure,” Camille Kress , vice president of Growth Labs for intimate clothing retailer Adore Me , said in a PYMNTS interview. “We

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Under Armour Forecasts Sales Declines In 2020

PYMNTS

The sportswear company also said it could see an impact of as high as $60 million in lost sales from the coronavirus in Q1 of fiscal 2020, CNBC reported. billion and adjusted earnings per share of 10 cents. We view LULU growth, durability and ROIC [return on invested capital] profile as most similar to NKE.”.

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Walmart Amazon Whole Paycheck Tracker: Adjusting To The New Normal

PYMNTS

“Many people have been economically impacted as jobs in areas like hospitality, restaurants and travel are lost or furloughed as part of this crisis — and we welcome anyone out of work to join us at Amazon until things return to normal and their past employer is able to bring them back,” Amazon wrote in its blog post.

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Grocery Roundup: 2020 Finishes Strong, Price Chopper Doubles Down On Digital

PYMNTS

The new year is here, and the grocery business gets to finally close the book on a difficult and complicated 2020. supermarkets adjusting to social distancing and digital-first tools, Asian retailers are considering redesigning their stores. Pandemic-Driven Redesign in Asia. The goal in Asia, as in the U.S.,