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Today In Retail: Walgreens Pharmacy USA Registers $27.2 Billion In Sales; Bed Bath & Beyond Almost Doubles Digital Sales

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The firm reported that comparable digital sales for Q3 jumped 77 percent throughout all of its brands, with the inclusion of 94 percent expansion at its flagship Bed Bath & Beyond brand. Digitally Native Mattress Firm Resident Raises $130 Million. Why Designer-Handbag Reseller Marque Luxury Is Opening Brick-And-Mortar Showrooms.

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Neiman Marcus Emerges From Chapter 11

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“We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. At the conclusion of this process, I remain profoundly impressed by the strength of Neiman Marcus and Bergdorf Goodman, the commitment of our associates, the unwavering support of our brand partners and the loyalty of our customers.”.

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Macy’s Spotlights Women-Owned Businesses With SoGifted

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Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. SoGal was co-founded by Pocket Sun and Elizabeth Galbut in 2016 and is headquartered in New York City. Lauderdale.

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BuzzFeed To Launch Unique Toy Store In NYC This Fall

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BuzzFeed is planning to open a toy store in New York City later this fall. New York Post reported that the store, called “Camp,” will be located in an 11,000-square-foot space in Manhattan’s Flatiron District. Freeman, senior managing director at GlassRatner Advisory & Capital Group, recently said.

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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

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News this week surfaced that FAO Schwarz is planning to have a flagship store in New York City once again – this time at Rockefeller Center instead of the Fifth Avenue location where Tom Hanks tapped out “Chopsticks” on a dance-on piano in the 1988 movie “Big.”. percent stake in Starbucks.

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Luxury Retail Finds New Avenues As Brick-And-Mortar Fades

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The company has raised a total of $288 million in funding from venture capital and private equity backers, including Great Hill Partners, Greycroft, PWP Growth Equity, Sandbridge Capital, Industry Ventures and Canaan. Luxury brand s are increasingly using chat app WeChat in China to reach customers and sell big-ticket items.

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Team USA Launches Omnichannel Strategy For Olympic Retail

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Through a pop-up store in New York City, consumers are able to browse and buy gear from official Olympic sponsors, such as Nike, Swatch and Oakley. Last year, it closed a $1 billion venture capital round , according to news reports from Reuters. 1 city for sales of Team USA gear,” Boyle said. The Economics.

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