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Netflix Adds 5 Million Subscriptions in Quarter
Posted inCompany Reports Netflix Inc Prices (Fares, Fees and Rates) Video Recordings, Downloads and Streaming

Netflix Adds 5 Million Subscriptions in Quarter

The additions helped lift revenue to $9.8 billion during the period, a 15 percent increase from the same period last year.
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Posted by By Nicole Sperling
Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales
Posted inChina Company Reports Fashion and Apparel International Trade and World Market Luxury Goods and Services LVMH Moet Hennessy Louis Vuitton SA Protectionism (Trade) Shopping and Retail Stocks and Bonds

Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales

Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.
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Posted by By Ravi Mattu
Holiday Sales Growth Expected to Normalize to Prepandemic Levels
Posted inAdvertising and Marketing Christmas Company Reports Consumer Behavior E-Commerce Holidays and Special Occasions Kohl's Corporation Macy's Inc National Retail Federation Shopping and Retail

Holiday Sales Growth Expected to Normalize to Prepandemic Levels

Despite shoppers’ election-year concerns and worries about the economy, retail executives predict sales to increase as much as 3.5 percent over last year’s holiday season.
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Posted by By Jordyn Holman
Walgreens Says It Will Close 1,200 Stores
Posted inBoots Retail USA Inc Company Reports Europe Latin America Shopping and Retail Shutdowns (Institutional) United States Walgreen Co

Walgreens Says It Will Close 1,200 Stores

The pharmacy giant said it would close the stores over the next three years and plans to “redeploy” the majority of the workers at the closed stores.
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Posted by By Amanda Holpuch

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