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For these high-end shoppers, an in-store experience is preferred, with 57% opting to buy luxury goods from a physical shop.

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Major department ... stores. There is no need to have unproductive stores that drag down profits and distract management. Macy’s will rid itself of the weak units by the end of 2026.

Their 2021 sale of the dispensary chain devolved into lawsuits and an impending closure. But Lisa Leder and Andy and Alex ...

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