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Purchaser of 28 Hudson’s Bay Leases Plans New Department Store Concept

Retail TouchPoints

As part of the ongoing corporate restructuring following its March 2025 bankruptcy declaration, Hudsons Bay has agreed to assign up to 28 store lease locations in Ontario, Alberta and British Columbia to Ruby Liu Commercial Investment , a corporation indirectly controlled by billionaire Canadian mall owner Ruby Liu.

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Can Saks Global recoup its losses to become a profitable department store giant?

Inside Retail

This time last year, the retail industry was buzzing about the establishment of Saks Global, a combined retail and real estate asset that brought together some of the country’s best-known luxury department stores, including Saks Fifth Avenue, Saks Off 5th, Neiman Marcus and Bergdorf Goodman.

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FedEx Launches Returns Service with 3,000 Dropoff Locations

Retail TouchPoints

FedEx has introduced FedEx Easy Returns , a box- and label-free returns solution supported by approximately 3,000 brick-and-mortar dropoff locations that include FedEx Office and Kohls stores. This change is a result of the company conducting a test, according to USA Today.

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Steve Madden Buys Kurt Geiger for $364.1 Million

Retail TouchPoints

store last month , with another five in development and plans to eventually operate 50 locations in the region. Additionally, Kurt Geiger operates footwear concessions inside luxury and premium department stores in the UK, including Harrods and Selfridges , where it sells both its own and third-party brands.

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Bloomingdale’s to Serve as Fulfillment Option for Luxury Brands with DTC Sites

Retail TouchPoints

Image courtesy Lucky) For products available at Bloomindales, customers will have the option to purchase through the department store and choose to pick up their order at a nearby Bloomingdales location or to opt for home delivery. Example of the Lucky integration. ” As parent company Macys Inc.

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Exploring the Different Types of Store Formats for Retail Success

Small Biz Trends

Next, let’s explore how department stores and chain stores fit into your shopping strategy. Key Takeaways Grocery stores and supermarkets focus on food and household necessities, providing an efficient shopping experience through organized layouts.

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Struggling Kohl’s to Close 27 Stores, Cut 10% of Corporate Workforce

Retail TouchPoints

The San Bernardino facility is one of 15 EFCs and distribution centers, and the closing stores represent approximately 2.3% of Kohls 1,150 locations. Like other department stores, Kohls has had trouble adjusting to changes in consumer shopping patterns. Net sales for the retailers Q3 2024, which ended Nov.