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Retail

US department stores, in survival mode, offer deep discounts to boost online sales

April 16, 2020

Nordstrom online sale. Image credit: Nordstrom Nordstrom online sale. Image credit: Nordstrom

 

By Dianna Dilworth

U.S. department store chains are hungry for revenue, offering consumers tantalizing online discounts to keep the lights on in an extremely dark period as government-mandated COVID-19 lockdowns threaten the stability of an already perilous business model.

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  1. Lamborghini onboards next chief people, culture officer
  2. Lions, tigers, bears and 'Wirkins,' oh my!: The legality of Walmart's Hermès Birkin dupe
  3. Julien's Auctions to sell archival looks from actress Gwyneth Paltrow
  4. Annual revenues rise 15pc at The RealReal
  5. Chanel's Coco brings intensity to its scent and marketing
  6. 4 takeaways from Jing Daily’s latest report, “Chinese Cultural Consumers: The Future of Luxury”
  7. Sotheby’s inaugurates Paris flagship with dual art sale
  8. Luxury Unfiltered: The AI reckoning will separate true luxury brands from imitators
  9. Neiman Marcus Group CEO: Luxury customers demand completely seamless presence
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