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Retail Pulse: Luxury Brands Eye Airport Retail; Panera Bread Tests Dinner Menu

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Airports are providing luxury brands with access to consumers with extra time on their hands who want to buy unique and unusual items they can’t find near their residences. shopping malls are on the decline, are also becoming locations where brands are innovating with products. In Other Brick-and-Mortar News.

Retail 101
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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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Ex-QVC Executive Gets 2.5 Years In Prison For Defrauding Company

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CNBC said The Steinberg Group , which operates under the name dOMAIN, and a production management company in New York City agreed to submit altered invoices and bills to hide the scam. Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam.

Company 102
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Upscale Retailers Embrace ‘Clienteling’ To Stay Connected

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New York City fashion boutique Nili Lotan has a client list that reads like the front row at Fashion Week (back when such events were still held). With the pandemic, clienteling has gone decidedly upscale, with brands like Salvatore Ferragamo and Harrods kicking up new practices just over the past few weeks.

Retail 151
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Restaurant Ordering Apps, Cloud Technology, Cash Hoarding Top This Week’s News

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The Bank of America at 52nd Street and Park Avenue in New York City, in one case, ran out of $100 bills for a time due to large withdrawal attempts. In-house ordering apps are typical for large quick-service restaurant (QSR) companies, with only those who are willing to take risks and innovate standing out from the herd.

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Mastercard’s Kirkpatrick: Transit Is The Ticket To Everyday Spend

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Work, she noted, that starting next month will soon change the lives of millions of commuters nationwide, starting in New York City – and will give card issuers greater opportunity to stay at the top of consumers’ wallets. Building New Consumer Habits.

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Yes, Soup For You (And Everyone Else)

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For years, Al ran a soup storefront in New York on 55th and 8th in New York City,” Joe Hagan, president of The Original Soupman company, explained. And, as it turns out, an international soup brand. It’s an authentic brand with a great flavor profile,” Hagan insisted.