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The dreaded B word has been circulating with more weight and frequency, as the week opens with nonessential retailers reckoning with life during the contagion. Over the weekend, the U.K. retail scene was stunned when Debenhams 鈥?a 242-year-old High Street brand 鈥?filed for the continents version of bankruptcy.Said the company: This move will protect Debenhams from the threat of legal action that could have the effect of pushing the business into liquidation, while its 142 U.K. stores remain closed in line with the governments current advice regarding the聽COVID-19聽pandemic. The U.K. economy has cratered for all but essential goods and services. According to the Ind
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stanley cup levels not seen since the financial crisis, new car registrations have dropped by more than 40 percent and consumer confidence is approaching wartime levels. Sean Moran, partner at the law firm Shakespeare Martineau, warned that other well-known U.K. names are also in trouble.The government has stated its intention to facilitate cash injections and other financial assistance to businesses, recognizing the imminent threat of insolvencies in many sectors, said Moran. These measures include the temporary business rates relief set
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The retail giants payment method is finally here.Back in December, Walmart announced plans to enter the mobile payments game with its own proprietary payments platform by turning the Walmart app into the way that consumers can pay at the physical point of sale.Shortly after the
stanley us Walmart Pay news was announced, Walmart SVP of Services Daniel Eckert told Karen Webster that the payment method was built to leverage a habit that its customers already know how to do really well: shop online at Walmart.The scan and go based payment system allows customers to ring in the purchase, scan a QR code with their phone 鈥?and poof, done. Walmart Pay does not keep any card data on the users phone though it does work with all major debit, credit, prepaid or Walmart cards , instead holding that payment data virtually.One June 30, Walmart announced that it was bringing Walmart Pay to聽Arizona, California, New Mexico, Washington and Idaho
stanley mug . That announcement followed a larger wave of announcement on June 23, when聽Walmart officially launched Walmart Pay across 15 U.S. states. The payment method enables customers at select stores to pay with any iOS or Android smartphone, any major payment type and at any checkout lane 鈥?all through the Walmart app.As of June 23, Walmart Pay became available in: Virginia, North Carolina, South Carolina, Nebraska, North Dakota, South Dakota, Iowa, Tennessee, Kentucky, Michigan, Indiana, A
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