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Hudson’s Bay CEO To Depart In Coming Weeks

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and aided the company by bolstering operations as well as selling businesses, The Wall Street Journal reported. Foulkes got rid of Galeria Kaufhof, Gilt Groupe and other European operations in addition to Lord & Taylor, which set the stage for the company to go private. Richard Baker, Hudson’s Bay Co. In 2017, Hudson’s Bay Co.

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Simon Says Retail Industry Nears Bottom Of Bankruptcy Wave

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In separate news, Simon Property Group recently announced it is teaming up with Rue Gilt Groupe to roll out a new website for the deal-conscious consumer. For the period that closed on Sept. 30, the company reported retailer sales per square foot were up 4.5 percent from a year ago to $680. Total occupancy was down from 95.5

Retail 101
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Saks OFF 5TH Set To Expand

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It’s an odd time to be in the department store business. While the first figure may reflect added sales of German retailer Galeria and Gilt Group, which were both purchased by HBC last year, they’re still impressive numbers in a retail segment that’s seeing precious few of them. percent to $4.5 percent to $4.5

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Why Payments Personalization Is Key To Enhancing User Experience For Digital Content Platforms

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Consumers have come to expect personalization in their shopping experiences, whether using online marketplaces such as Amazon and Etsy or mobile apps such as Gilt or Poshmark. Product recommendations, informed by purchase histories and preferred payment methods, are becoming a standard aspect of digital checkout experiences.

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Retail Pulse: Amazon Grows 4-Star Footprint; Forever 21 Files For Bankruptcy

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The filing will let it continue operating while it attempts to reorganize the business and return to profitability. And Simon Property Group has announced it is working with Rue Gilt Groupe to roll out a new site for deal-conscious shoppers. Fast-fashion chain Forever 21 has filed for Chapter 11 bankruptcy. Bass & Co.

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Retail Pulse: IKEA Axes New Store Plans To Focus On Digital Store

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IKEA’s business model depends on customers being able to see room designs and dimensions in person. To be fit for long-term growth, we are creating a new business model to make sure we’re accessible and convenient for our customers today and in the future,” IKEA spokesperson Latisha Bracy told USA Today.

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Why Payments Personalization Is Key To Enhancing User Experience For Digital Content Platforms

PYMNTS

Consumers have come to expect personalization in their shopping experiences, whether using online marketplaces such as Amazon and Etsy or mobile apps such as Gilt or Poshmark. Product recommendations, informed by purchase histories and preferred pay- ment methods, are becoming a standard aspect of digital checkout experiences.