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Macy’s Inc. Merging Store and Online Buying, Closing 14 Stores

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New York–Macy’s and Bloomingdale’s are restructuring their merchandising and marketing teams to combine online and in-store functions. In a wide-ranging announcement released Thursday by Macy’s Inc. detailed adjustments included in-store staffing, several new stores openings and 14 existing stores closing. “Going forward, one unified merchandising and marketing organization – a …

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Loehmann’s, Reborn as Off-Price E-Commerce, Names Advisors

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New York–Off-price retailer Loehmann’s, which was recently resurrected as an online retailer after a hedge fund acquired its intellectual property out of bankruptcy, has named Tony D’Annibale to its advisory board. D’Annibale, who was EVP of merchandising at the retailer’s previous incarnation before leaving for e-commerce retailer Rue La La, …

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Black Friday Sales Drop as Shopping Trend Shift: NRF

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Washington—Early holiday promotions even before Thanksgiving, the continued growth of online shopping, and an improving economy changed the way millions of people approached the biggest shopping weekend of the year. According to NRF’s Thanksgiving Weekend Spending Survey conducted by Prosper Insights & Analytics, 55.1% of holiday shoppers were or will …

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Top Digital, Social Media Trends Driving Holiday Sales for Online Retailers

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Seattle–Global analytics and insights firm Blueocean Market Intelligence released its predictions today for the top digital and social media trends that online retailers will utilize to drive sales this holiday shopping season. Last year, retailers largely surpassed sales goals despite a relatively short shopping season, poor weather conditions and weak …

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Neiman Marcus Goes International with Luxury Website Purchase

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Dallas—Neiman Marcus Group hasn’t had an international presence until today. The luxury retailer revealed it is purchasing a global luxury online retailer and taking over a flagship luxury store in Munich, Germany. Neiman signed an agreement to acquire mytheresa.com from Christoph and Susanne Botschen and Action Capital Partners. It will …

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Macy’s Inc. Outlines Omnichannel Strategies, Including Apple Pay

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Cincinnati—Macy’s, Inc. today outlined its latest advancements in omnichannel strategy and technology as the company continues to add new dimensions for attracting shoppers and serving the needs of individual customers. “Macy’s and Bloomingdale’s remain committed to operating at the forefront of innovation, as well as fostering a locally relevant shopping …

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10 Minutes With…BaubleBar

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A new $10 million investment is set to make BaubleBar’s already-hot fashion jewelry site even hotter. Founded in 2011 by two friends from Harvard Business School, New York-based jewelry e-tailer BaubleBar has since been setting the fashion jewelry world on fire because it understands what women want: trend-driven fashion jewelry …

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Retailers’ Top Online Tactics: Email, Display Ads, Searches

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Los Angeles—Despite the arsenal of digital marketing tactics now at every retailer’s fingertips, one customer acquisition tactic still stands above the rest: paid search programs. According to the 2014 Shop.org/Forrester Research Inc. State of Retailing Online study, which surveyed 81 retailers in May and June, search engine marketing is lauded …