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

PYMNTS

Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. Austin, Texas; and Dublin, Ohio. They also create repeat visits to the DSW brand, where an exciting footwear assortment awaits.”.

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

Discount retailer Big Lots reported a third-quarter profit of $29.9 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.

Columbus 141
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The Limited Brand’s Days Could Be Limited

PYMNTS

After disappointing third quarter financial numbers, clothing retailer The Limited may be be going in another direction. According to Bloomberg , the brand pulled in Kirkland & Ellis to be its legal adviser and Guggenheim Securities and RAS Management Advisors for help with a debt restructuring and any asset sale.

Ohio 100
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Unattended Retail Can Boost Visits To Stores

PYMNTS

Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. Kiosks have already been installed at several Wendy’s locations in central Ohio, where the company first tested the technology.

Retail 102
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Chipotle To Hire Up To 10K New Employees

PYMNTS

“I think the industry is going to make a shift here, and I think the brands that have positioned themselves digitally will be the benefactors early on and other brands will have to follow suit,” Chipotle Chief Restaurant Officer Scott Boatwright told Karen Webster in a PYMNTS interview.

Ohio 153
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The Limited: Out With Stores, In With eCommerce

PYMNTS

The private equity owner of the Limited almost doubled its investment in the retailer, despite the fact that nearly all of the chain’s 250 stores are expected to be shut down after disappointing third quarter financial numbers last month. However, it’s not clear how long the retailer will continue to sell items online.

Ohio 100