Harrods’ CEO says U.S. department stores are committing suicide

Top 3 Reasons Why 84% of Digital Transformation Projects Fail

According to Forbes, 7 out of 8 digital transformations fail. The problem is that companies aren’t actually transforming, instead they are only attempting to transform by wedging new mobile applications, engagement layers, or channels on old and brittle infrastructure. Frankly, this is not transformation, this is stagnation. Here are some of the most common and

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Walmart’s same-store sales exceed expectations

Same-store sales at Walmart increased 2.7 percent in the third quarter, higher than analysts’ expectations of a 1.7 percent gain. The retailer, which has seen its same-store sales improve for three straight years, received a boost from online sales and purchases related to hurricanes that hit the U.S. mainland, Puerto Rico and the Virgin Islands.

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Best Buy comes off strong quarter

Best Buy’s same-store sales increased 4.5 percent in the third quarter and its profits improved 23 percent year-over-year for the period. The company said its profits were somewhat negatively affected by hurricanes in Florida, Puerto Rico and Texas.

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Vitamin World seeks court okay to close 124 more stores

Vitamin World, which initially indicated it planned to reorganize under Chapter 11, recently disclosed that it now intends to pursue a sale of “substantially all” of the chain’s assets. Earlier this week, Vitamin World asked a bankruptcy court permission to hire Gordon Brothers to conduct going-out-of-business sales at 124 stores. These locations were in addition

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