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Retailers should prepare for a revenge Christmas

  If it feels like the winter holiday season starts earlier every year, that’s because it does. It’s not just the pumpkin spice lattes and Christmas knits taking over your Instagram feed. This week, Target Corp. kicked off its deal days. Next week, Amazon.com Inc.’s second prime day of the year takes place. Retailers are right to be out of ...

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Credit Suisse shows banks still need more capital

  Yet again, trouble at a big European bank, this time Credit Suisse Group AG, is roiling markets. Concerns about the cost of an expected restructuring have sent its share price gyrating wildly, leading both executives and analysts to appeal for calm and emphasize that the bank is among the best capitalized of its peers. If only that comparison were ...

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US retailers looking past China for suppliers see costs up 30%

  Bloomberg When Mike Newman started to hear warnings earlier this year about delays at ports on the US West Coast because of labour negotiations, the threat of more supply-chain chaos “became the last straw for us.” So the chief executive officer of New York-based Returnity Innovations moved about two-thirds of his production of reusable shipping bags and boxes to ...

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