Industry News

  • Retailers’ answer to the threat of Amazon.com is something called ‘omnichannel’—an attempt to use one set of inventory and assets to fill all orders. Wal-Mart, Macy’s and Target are relying on the approach more heavily than ever this holiday season.

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  • The Game: Amazon and Wal-Mart have long been America’s main conduits for cheap, mass-produced goods from China’s factory floors. But who needs stores anymore? You can buy direct, writes Dennis Berman.

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  • Without being asked, Toledo, Ohio, is putting together incentives to help it remain the home of the Jeep Wrangler, a vehicle with deep economic and emotional ties to the area, in a sign of how cities aggressively offer aid to corporations.

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  • The White House is walking a fine line in its search for a response to North Korea’s apparent hack of Sony Pictures, a breach that doesn’t align with the scenarios laid out in the government’s contingency plans for cyberattacks.

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  • If the Obama administration’s move to normalize ties with Cuba does lead to an end to the U.S. embargo, it could reignite battles over the U.S. rights to sell two of the island’s most prized exports: cigars and rum.

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  • Germany’s BASF, the world’s largest chemical company by revenue, and Russia’s Gazprom have called off an asset-swap deal amid mounting political tensions between Russia and the West, BASF said.

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