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Top stories summarized by our editors
10/22/2018

Uber has plans to launch food delivery via drones by 2021, according to a job posting on the company's website. The listing revealed the drone delivery business would operate under the UberEats division, and that the company hopes to begin testing the drones as early as next year.

10/22/2018

David's Bridal deferred an interest payment on a $270 million loan, raising concerns among analysts that the retailer that provides dresses for more than 30% of US brides could file bankruptcy. The privately held retailer reassured customers that it has the cash to continue operating and stressed that it's business as usual for brides-to-be.

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David
10/22/2018

Shoppers spent $59.8 billion on produce in the year ending Aug. 12, according to research from IRI, illustrating the key part produce plays in bringing shoppers to supermarkets. In fact, 80% of shoppers said they choose their primary grocery store based on availability of high-quality produce items, FMI found in its "US Grocery Shopper Trends 2018" report.

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Progressive Grocer
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FMI, IRI
10/22/2018

Retailers including Target and Best Buy say their efforts to evolve with new models that meld digital and physical retail have them well-positioned heading into the holidays. Both companies have invested heavily in revamping their websites and turning stores into fulfillment centers to give customers more ordering and pick-up options.

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Best Buy
10/22/2018

Companies can set a precedent for safety by ensuring everything is properly labeled and the right safety signs are posted before work begins, writes Kelsey Rzepecki of Graphic Products. Signage can include general safety, piping systems, electrical areas, hazardous materials and emergency protocols.

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Manufacturing
10/22/2018

ESL Investments, the hedge fund controlled by Sears Chairman Edward Lampert, is negotiating with one or more potential partners to contribute to a $300 million loan that would increase the retailer's financing in bankruptcy to $600 million, sources said. Lampert is the retailer's largest shareholder and its biggest creditor after investing billions in the company over more than a decade.

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Reuters
10/22/2018

Google's Home Hub has a unique edge on its competition as the display has the ability to adjust itself based on its surroundings to help it blend in with the scenery. The device also features a hidden Micro USB port, which may be for a Fuschia device test.

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Ars Technica, TechCrunch
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Google
10/22/2018

Consumers are expected to spend more money over the holidays on games this year, and specifically will seek out premium editions for popular franchises and downloadable titles, per data from UBS. About 40% of gamers surveyed reported planning on buying "Call of Duty: Black Ops 4," "Assassins Creed: Odyssey," or "Red Dead Redemption 2."

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Business Insider
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UBS
10/22/2018

Selfridges is the first UK department store to reveal its holiday windows, which were designed with the theme, "Selfridges Rocks Christmas." Staff members worked round-the-clock shifts for eight days to gear up for the unveiling at the retailer's stores in Birmingham, London and Manchester, the company said.

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Selfridges
10/22/2018

Tesla CEO Elon Musk tweeted last week that Tesla will, in the coming months, increase the number of service centers in North America. That coverage will be available in every country Tesla serves before 2020, he said.

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CleanTechnica
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Tesla, Elon Musk