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Tag: nears

As Prime Day 2018 nears, Criteo VP clues merchants on grabbing potential triple-digit sales boost

Amazon’s Prime Day has become not only a spending holiday for consumers shopping the marketplace but also a huge opportunity for all retailers across the web. In fact, Criteo data shows that for retailers that started advertising deals and sales early in the week before July 10, 2017, sales were up 30% from normal July activity.  …

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Target’s free loyalty program nears 80M members 1 year after launch

Dive Brief: After rolling out Target Circle last October, Target’s free loyalty program has reached nearly 80 million members, the company said. Target Circle offers have totaled nearly $2 billion over the year since it rolled out. Rewards, where customers can earn 1% back on purchases, have reached nearly $200 million, according to Target. Target …

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L Brands nears sale of Victoria’s Secret to Sycamore

People are seen inside the newly opened Victoria’s Secret shop in Shanghai on February 24, 2017. Johannes Eisele | AFP | Getty Images L Brands is nearing a deal to sell its Victoria’s Secret brand to private equity firm Sycamore Partners in a deal that could be announced as soon this week, people familiar with …

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Hudson’s Bay takeover saga nears an end

Get great content like this right in your inbox. Subscribe Hudson’s Bay Company has moved closer to being taken private. A special committee of the department store company’s board has reaffirmed its endorsement of a buyout of shares to take the company private by a group headed by executive chairman Richard Baker after receiving an …

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Verizon: E-commerce spikes as holiday nears

Get great content like this right in your inbox. Subscribe Online shoppers were busy as elves the weekend before Christmas. According to the Verizon Holiday Retail Index, during the weekend of Friday, Dec. 20 – Sunday, Dec. 22, e-commerce traffic rose by double digits each day. Compared to Nov. 1-27, 2019, e-commerce traffic climbed 21% …

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Costco stock nears a key level as retail earnings roll in, trader says

Trading Costco here may be worth the cost. So says Todd Gordon, founder of TradingAnalysis.com, who found the recent action in the consumer staples sector as a whole — and Costco’s stock in particular — to be worth investors’ attention. “I’m seeing the overall market being a little overbought, which gives me pause, but I …

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