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Retail Pulse: DSW Expands In-Store Experiences; L Brands Plans Store Closures

PYMNTS

DSW began working with W Nail Bar in 2017; the two companies offer salon services at Columbus, Ohio’s Easton Town Center and the Polaris Fashion Place. They also create repeat visits to the DSW brand, where an exciting footwear assortment awaits.”. L Brands posted net income in the fourth quarter of $1.94 billion at $4.85

Branding 129
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Can Big Brands Survive On The Store-Within-A-Store?

PYMNTS

Retailers as dependent on a brick-and-mortar footprint as Macy’s don’t always have the luxury of fixes to pick from if their stocks experience the continuous slide that the former tentpole brand’s has. The commitment to the store-within-a-store extends, ironically, beyond the physical.

Branding 100
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Big Lots Q3 Earnings Break Records, Blow Past Forecasts

PYMNTS

The Columbus, Ohio-based chain has beat revenue forecasts three times over the last four quarters. The Broyhill brand and the Lot and Queue Line were also launched across 750 stores in the third quarter, with fast scaling of eCommerce proficiencies. Discount retailer Big Lots reported a third-quarter profit of $29.9 million on $1.38

Columbus 141
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The Limited Brand’s Days Could Be Limited

PYMNTS

28, the Limited brand filed a WARN notice with the Ohio Department of Job and Family Services, which included a statement that “a mass layoff” — up to 248 employees — will occur and that its headquarters may be closing in New Albany, Ohio.

Ohio 100
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DSW’s Amazon-Proof Makeover Move

PYMNTS

Sales were on the rise for three consecutive quarters, but fall saw those figures taking a surprise tumble and raising concerns among investors who worried that perhaps the brand had lost a step. The vertical space lets us use only 40 percent of the store footprint,” Rawlins told the Columbus Dispatch. It’s a big deal.”.

Columbus 108
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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

The company saw the need for the best of both worlds and, to tackle this challenge, it is “evolving into a 21st-century tech-enabled hospitality brand,” DePinto told PYMNTS in an interview. It has units in cities such as Charlotte, Tampa, Milwaukee and Columbus. The Business.

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The 31 European Unicorns Ranked By Valuation

CB Insights

Old Mutual Global Investors, Artemis Investment Management. In September 2018, OakNorth got $100M in funding from EDBI, NIBC, Clermont Group, and Coltrane Asset Management to further develop Acorn and to expand outside the UK. Select Investors: Clermonth Group, Coltrane Asset Management, Toscafund Asset Management.

Groups 76