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Macy’s to lose $1.1 billion in Q1, other nonessential retailers face similar fates

Department store chain Macy’s could be looking at a US$1.1 billion loss due to the coronavirus pandemic during the first quarter of 2020. This...

Walmart Executive Iannone nabs top job at eBay

As eBay Inc. picks Walmart executive Jamie Iannone as its new CEO, curiosity peaks those who are skeptical about the online retailing giant’s verdict. According...