Department stores can use off-price subsidiaries to fight against resellers
Posted By Danny Parisi On In Featured,Industry sectors,News,Research,Retail | No Comments{"ct":"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","iv":"59281c57b2231b475d706a695c073237","s":"27692dfe70315b69"}