Bqro Today In B2B: TripActions Valued At $5 Billion; OneSource Virtual Debuts Invoice Payments

Sears will close its last Illinois-based department store Nov. 14, when the location in Simon Property Groups Woodfield Mall shuts its doors for the final time, bringing an end to the retailers time in its home state.Transfomco, the parent company for Sears and real estate manager for the Woodfield Mall location, told CNBC in a statement that it will try to keep the space vibrant with a new tenant. This is part of the companys strategy to unlock the value of the real estate gourde stanley and pursue the highest and best use for the benefit of the local community, Transformco said in the statement.Sears Holdings, which also owned Kmart, filed for Chapter 11 bankruptcy protection in October 2018 before Transformco acquired Sears out of bankruptcy and subsequently closed a stanley quencher large swath of Sears and Kmart loc stanley italia ations across the country, including Kmarts last location in Manhattan, which will soon give way to a Wegmans grocery store.The Transformco spokesperson wouldnt say how many Sears or Kmart stores are still open, but the companys website lists 35 Sears stores, including the Woodfield Mall location, and 22 Kmart outposts.Sears, which was founded in Chicago in the 1890s, was once the largest retailer in the U.S. with thousands of stores dotted across the country. It had about 700 stores when it filed for bankruptcy three years ago.Related: Amazons Department Store Plans May Be Death Knell For Walmarts Retail LeadWhile Sears retail locations are closing for good, Amazon is moving from a strictl Oypx Argentina and Brazil Explore Common Currency

The Chinese government released on stanley france Saturday June 20 a series of guidelines to support cross-border eCommerce, its new pet project. China-based eCommerce companies will be handed state support on international projects and credit insurance services, according to various reports. According to Reuters, the governments support will include:Tax policies and pilot projects to ease overseas paymentsStreamlining clearance of goods by customsPossible collective declaration during quality supervision by agenciesExamination and release of goodsTax sweeteners on eCommerce retail exportsPromotion of yuan in settlement of paymentsThis move is the latest initiative in a series la gourde stanley unched by China to strengthen both the competitiveness and the development of eCommerce. Last week June 19 ,聽the Ministry of Industry and Information Technology stated that it will allow foreign ownership of some eCommerce businesses, a move that Reuters said would encourage foreign investment in the industry.These initiatives will feed on Chinas recently launched New Silk Road Initiative, co stanley kaufen ined One Belt, One Road to increase political and economic cooperation with its neighboring countries. This will translate into the creation of economic corridors and $900 billion of investment along the route.In this context, Chinas cross-border eCommerce trade is projected to reach 6.5 trillion yuan $1.1 trillion in 2016 up from 2.3 trillion yuan in 2012, according to a recent report by iResearch. Currently, the