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This private equity giant is sticking with retail

At a time when most private equity firms are growing increasingly cautious about investing in retail, one firm is going against the grain.   Sycamore Partners is raising its biggest-ever fund, which it will use to invest primarily in retail, CNBC reported. The firm is looking to raise between $3 billion and $4 billion, according to the report.    The news comes a month after Sycamore closed on its $6.9 billion acquisition of Staples, which it is splitting into three parts

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First Look: Adidas Originals goes big in Chicago

Marianne Wilson Adidas has opened its largest Adidas Originals location to date, a 4,966-sq.-ft. flagship in the Wicker Park neighborhood of Chicago.   read more






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Q&A: Boxed co-founder talks warehouse efficiency—via robotic automation

Deena M.






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Lids’ new loyalty program hits a home run

Deena M. Amato-McCoy With a mere six months under its belt, Lids’ new Access Pass loyalty program is driving customer engagement to new levels






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Moody’s: No letup in sight to off-price growth

Marianne Wilson Off-price retailers will remain among the top performers in the U.S.






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Costco ends year on an upbeat note

Marianne Wilson Costco Wholesale Club reported better-than-expected profit and revenue for its fourth quarter.   read more






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Report: Amazon tries its hand at a different kind of pop-up

Amazon is preparing for its newest physical store — and promoting its alcoholic products at the same time.   read more






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Embattled department store retailer gets fresh cash infusion from owner

Marianne Wilson As it heads into its most important selling season, Sears Holding Corp.






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Shop.org Takeaway: Three steps to next-gen personalization

Deena M. Amato-McCoy Consumers are becoming more digitally influenced on a seemingly daily basis — but omnichannel retailers find themselves hard-pressed to keep up the pace. read more






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Study: Gens Y & Z prefer credit cards over other forms of payments

Deena M. Amato-McCoy Following suit of older generations, younger shoppers want to pay for purchases with credit cards.    read more






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