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Charlotte Russe Closing 95 Stores After Chapter 11 Filing

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Charlotte Russe, a retailer aimed toward young women’s fashion, has filed for Chapter 11 bankruptcy protection, according to reports. The retailer, which has more than 500 stores across the country, including 10 stores called Peek Kids, will close around 95 locations while it continues to search for a buyer. The bid for $5.2

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Retailer Gap Partners With BNPL Platform Afterpay To Boost Holiday Shopping

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Buy now, pay later (BNPL) payments platform Afterpay is teaming up with retailer Gap to offer flexible spending options as the holiday shopping season gears up. Participating Gap brands include Old Navy, Gap, Banana Republic, and Athleta. . “By It also teamed up with major retailers across the U.S.

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eCommerce Shift Helps Fuel Strong Sales At Pier 1 Imports, Dressbarn

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Retail Ecommerce Ventures (REV) , the incubator that relaunched Pier 1 Imports and Dressbarn in 2020, noted that the migration to eCommerce in addition to trends such as the “quest for comfort at home” fueled formidable sales at the two brands, according to an announcement. And like Jeff Bezos did, they start with low-risk items.

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Walmart’s Allswell Goes On Tour; Target To Expand Debut Of New Loyalty Program

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Startups in the eCommerce space have long enabled their customers to experience their products in real life (“IRL”) through temporary retail shops, and now, digitally-focused brands belonging to major retailers are taking a similar approach. Fashion retailer Charlotte Russe , which has over 500 stores in the U.S.,

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New Fashion Startup Bets Its Future On Off-Price Luxury

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It’s hard to find a retail fashion category that’s reliably successful these days. Fast fashion already claimed a victim this week as Lucky Brand filed for bankruptcy, and H&M announced it was shuttering 170 stores across the globe due to the pandemic-driven digital shift. “We But even online, it’s hard to see a trend.

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Five Lessons In Retail Reinvention From 2019

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But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 1: Think Big . “We

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A New Virtual Reality For Real Retail Shoppers?

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This is especially true for retailers, as companies from around the omnichannel space look to appeal to customers by adding the tech to their stores and mobile apps. Similarly, in an effort to help customers better preview their purchases, online beauty platform Perfect Corp. About the Tracker.

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