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

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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. The retailer, which has 1,143 stores globally, closes an average of around 15 stores annually. Austin, Texas; and Dublin, Ohio.

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Big Lots' Quarter-To-Date Comp Sales Rise Approximately 7.5 Pct

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The off-price retailer anticipates diluted earnings per share (EPS) to be between $2.40 Columbus, Ohio-based Big Lots runs more than 1,400 retail locations in 47 states, according to the announcement. for Q4 fiscal 2020 compared to diluted EPS of $2.39 for the comparable quarter last year. million on $1.38 billion in sales. "We

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Big Lots Q3 Earnings Break Records, Blow Past Forecasts

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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. million on $1.38 billion in revenue, surpassing Wall Street’s forecasts. The average revenue estimate of six analysts surveyed by Zacks Investment Research was $1.38

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Huntington Now Offers Real-Time Payments For Consumers, SMBs

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Through using the RTP network, the Columbus, Ohio-based company will be able to offer receipts and better communication options for payers and payees, including messaging, for both consumer and business customers, the release states.

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Can Big Brands Survive On The Store-Within-A-Store?

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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. There’s so much we’re testing in this building,” Newton said.

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Big Cuts Coming To Macy’s

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Over 10K will be on the chopping block as recently embattled retailer Macy’s gears up for its next round of layoffs and store closures. Some of the closing down locations are actually fairly new — a store in Eastland Center in Columbus, Ohio has only been around since 2006 for example. percent to $32.70

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The Limited Brand’s Days Could Be Limited

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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.

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