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In-Store Retail Media Flexes to Move Beyond Digital Screens

Retail TouchPoints

For example, as a heritage department store retailer, Macys needs to be incredibly thoughtful about how media is implemented in stores especially via digital screens and touch points. As a result, they are collaborating with different teams and functions, especially operations ( 72% ), marketing ( 65% ) and IT ( 57% ).

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Macy’s Store Closures Partially Responsible for 274% Increase in Retail Layoffs, According to a New Report

Retail Wire

In January, the department-store icon confirmed plans to shutter 66 under-performing locations across 22 states—the first tranche of a strategy that will ultimately cull 150 stores by 2026. For publicly traded chains, payroll trimming is often the fastest lever for defending margins when top-line sales wobble.

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How Printemps’ New NYC Store Supports ‘Democratic Luxury’ with Subtle Technology

Retail TouchPoints

Printemps is one of the oldest department stores in the world, yet most Americans have never heard the name, much less know how to pronounce it. That all changed in March when the French luxury retail chain opened its first U.S. location in Manhattans financial district.

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Are your Physical Stores Unknowingly Alienating 1 in 5 of your Customers?

Retail TouchPoints

As an experienced retail designer, I simply LOVE visiting stores. Yet there is one format I very much struggle with: department stores. Because to this day, the entrances to most “traditional” department stores go through the beauty department. Let me illustrate with a very personal example.

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Inventory Management Tips for Retailers to Reduce Overstock and Increase Profits

RETAIL MANAGEMENT SOFTWARE

That’s why applying smart inventory management tips isn’t just helpful — it’s essential for retailers in the apparel, Footwear, Jewelry, Sporting Goods, Home Goods, and department store industries. Reprice or Bundle with High-Movers When visual merchandising isn’t enough, pricing adjustments come next.

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Hudson’s Bay files for bankruptcy: What led to the retail giant’s collapse

Inside Retail

As Amlani explained to Inside Retail , The writing was on the wall for HBC’s Canadian operations when Saks Global was formed last year There has been a lack of investment in the in-store experience for a number of years. Global Datas managing director Neil Saunders concurred with Amlani.

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Japanese exceptionalism: What can we learn from it?

Inside Retail

Bangkok is a good place to start One good place to look for an answer is, ironically, a place where a Japanese department store had to close. The official explanation was that, after 28 years in operation, the department store had reached the end of its lease, but it had also reached the end of its tether. per cent.