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Lessons In Luxury Reinvention From Saks; Plus, Nordstrom's Food Centric Strategy And Record Sales Drive Record Return Season
 | | | | | | | | | | | | | | | | | | |  | | | | | | Reinventing Retail’s ‘Anchor Store’ For The Omnicommerce Age | | | | The department store may not be dead, exactly, but it continues to struggle to click with consumers. Anchor Shops Founder and CEO Shlomo Chopp tells PYMNTS that it’s the business model, not the concept itself, that’s in need of reinvention. Here’s what he thinks that looks like. | | | | |
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| | | | | | |  | | | | | | Luxury Retail Is Changing — And Saks Shows The Way For 2020 | | | | Consolidation is taking place in the luxury retail space, and as the year ends, Barneys' shoppers are being directed to Saks Fifth Avenue eCommerce. Even so, fresh money is flowing into this area of relatively high-priced commerce. What’s coming next for 2020? Read More... | | |
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| | | |  | | | | | | 2019: The Year Of The Clothing Subscription | | | | In 2019, eCommerce clothing subscription innovators grew their offerings and inked partnerships to expand their reach, as brick-and-mortar retailers rolled out their own clothing subscriptions. Here’s how eCommerce startups and established brick-and-mortar retail brands drove subscription innovation with new services and collaborations. Read More... | | |
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| | | | |  | | | | | | Designing Innovative Retail Stores Around Experiences | | | | Retailers are designing stores around experiences to attract and retain customers. JD.com, in one case, rolled out its inaugural SEVEN FUN lifestyle space in Beijing,months after Wegmans planned to open a Brooklyn store with many eateries. How are retailers in the U.S. and abroad driving innovation with stores designed around experiences? Read More... | | |
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