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Does the Historic Makeover of an Iconic Paris Retailer Chart a Path for Department Stores’ Revival?

Retail TouchPoints

For more than 150 years, Parisian department store La Samaritaine has overlooked the banks of the Seine, a sweeping expanse of glass and intricately painted iron that proudly proclaimed the store’s position at the center of French commerce, both geographically and ideologically.

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Overstock Looks to Drive Loyalty with New Co-Branded Credit Card

Retail TouchPoints

Online furniture and home furnishings retailer Overstock has partnered with Citi Retail Services to offer customers digital-first benefits and rewards through a co-branded Overstock Mastercard. “As

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Bloomberg: Belk Will Pursue Bankruptcy to Restructure $2.6 Billion Debt

Retail TouchPoints

The move would mark a reversal of Belk and Sycamore’s earlier plan , which would have helped the struggling department store avoid bankruptcy altogether. Belk, like other department store retailers, has been struggling under the lockdowns and reduced traffic patterns created by the pandemic.

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Debenhams closing all its stores’ doors after 242 years

RetailWire

Debenhams is closing the doors on its last remaining department stores on May 15, The retailer, founded in London in 1778, began liquidating in December. Boohoo, which acquired Debenhams in January plans to continue have it operate as an online retailer.

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The Future of Retail is 3D

Retail TouchPoints

In the coming years, this booming online retail industry is set to be revolutionised by high-performance technology that’s more commonly associated with video games than digital shopping: implementing high render 3D graphics is one of the driving forces. Opportunity is coming — and you don’t want to be left behind.

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Nordstrom Takes Stake in Topshop Brands, Launches Joint Venture with ASOS

Retail TouchPoints

department store chain and British online retailer aim to “redefine the traditional retail/wholesale model.”. since 2012 when it became the first retailer to bring the brand to the U.S. ASOS acquired the Topshop brand portfolio from Arcadia Group in February 2021. .

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Saks.com Spin-Out: Genius Move or Opportunistic Folly?

Steve Dennis

The Bay has long suffered from the woes of unremarkable department stores. What’s likely to be driving this move right now, however, are the recent rather frothy valuations of luxury oriented online retailers. While some recovery may come later this year, it’s hard to believe we will get a robust rebound any time soon.

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