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Carnival Reports $2.2 Billion Q4 Loss As US Cruises Stay Docked

PYMNTS

billion for the fourth quarter ending Nov. 30 because of the pandemic's shutdown of its voyages for almost a year now, The Wall Street Journal (WSJ) reported. Cruise ship operator Carnival is looking at a loss of $2.22 The loss is compared to the company's $423 million profit in the same quarter from a year prior, the report stated.

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Big Week Ahead For Retail; Target Earnings Expected To Show Momentum Of Digital Shift

PYMNTS

The Minneapolis-based retail giant reports Wednesday morning (Nov. At the end of Q2 CEO Brian Cornell told analysts that Target returned to growth in store sales and saw growth in categories like apparel. “The consumer here in the U.S. Morgan Chase & Co., 9 at a virtual investor conference.

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Former Saks CEO On Retail’s Big 2018 Holiday Jump

PYMNTS

Mastercard, in its SpendingPulse report, defines the holiday shopping season as running from Nov. Complicated yes, but as the early holiday returns are showing, rewarding and lucrative as well, even with Amazon playing its outside role. According to Mastercard , overall retail spending increased 5.1 Online shopping grew 19.1

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Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion

PYMNTS

We have built FreshDirect into a reliable and recognizable business to serve this purpose,” David McInerney , CEO of FreshDirect, said in a statement on Thursday (Nov. “We are strong believers that the future of grocery retail involves getting customers the best quality food, exactly when they want it, with the best customer service.

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242 Startup Failure Post-Mortems

CB Insights

We needed 40% day-one returns and were closer to 25%. Most surprising was the sudden shutdown of Sprig, a startup in the beleaguered food-delivery space that first received funding in 2013. ” Title: Shelfie to Shutdown on 31 January – Download Your eBooks NOW. The shutdown was a conscious business decision.