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” IMF offers Jordan’s central bank recommendations for implementing retail CBDC “ The Central Bank of Jordan is closer to its next step toward a retail central bank digital currency (rCBDC) with the completion of an International Monetary Fund technical report on the country’s markets. The IMF conducted a three-month mission last year to assist…
Artificial Intelligence’s Future Role in Various Industries The power of Artificial Intelligence (AI), which has been a popular topic for a while, is currently being recognized in a wide range of industries. AI has been changing how we conduct business, learn, and live our lives in a variety of sectors, including Healthcare, Banking, Education, and…
” Solana Spaces will close New York and Miami stores 7 months after opening “ Solana Spaces will close down its two Solana (SOL)-themed, community-oriented retail stores in New York City and Miami at the end of the month, as the physical stores didn’t onboard as many users as it initially anticipated. Solana Spaces tweeted…
” Retail giant Pick n Pay to accept Bitcoin in 1,628 stores across South Africa “ The South African grocery retailer Pick n Pay is expanding its Bitcoin (BTC) coverage to all 1,628 stores across the country following a three-month pilot testing phase in 39 locations. As part of its nationwide rollout, store customers will…
“Saks unveils stylish plan for casino at Fifth Avenue store” Saks Fifth Avenue finally tipped its hand, confirming plans to bid for a casino license on the top floors of its flagship store on Fifth Avenue. The luxury department store between East 49th and East 50th streets, next to St. Patrick’s Cathedral, released exclusive images…
” Using blockchain technology to combat retail theft “ The retail industry is one of the most important sectors of the United States economy. Unfortunately, the COVID-19 pandemic has left the trillion-dollar retail sector vulnerable to in-store theft. Findings from the National Retail Federation’s 2022 Retail Security Survey show that retail losses from stolen goods…
“United Furniture lenders reveal chaos surrounding 2,700 layoffs” Lenders to United Furniture Industries claimed in court filings they were blindsided by the company’s pre-Thanksgiving move to abruptly fire its 2,700 employees in the middle of the night — revealing for the first time a bizarre sequence of events that triggered the surprise bloodbath. The Nov….
“Victoria’s Secret CEO Amy Hauk to exit after just 8 months, stock plummets” Victoria’s Secret brand CEO Amy Hauk will resign after just eight months running the lingerie giant, according to a filing with the Securities and Exchange Commission on Tuesday. Hauk, whose resignation goes into effect on March 31, will also relinquish her duties…
“United Furniture owner quietly surfaces after firing 2,700 overnight” The owner of United Furniture Industries, which abruptly fired all of its 2,700 employees during a single night last month, has been quietly assisting a wind down of the business — with some insiders claiming he’s trying to “save face” following the brutal bloodbath, The Post…
“Retail sales fall 0.6% in November after rising in October” Americans cut back sharply on retail spending last month as the holiday shopping season began with high prices and rising interest rates forcing families, particularly lower income households, to make harder decisions about what they buy. Retail sales fell 0.6% from October to November after a sharp 1.3% rise…