Bolt CEO: Department stores are rising from the ashes ...Middle East

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The once-mighty titans of retail are faltering. Barneys New York, an icon of luxury shopping, shuttered its doors in 2020. Sears, a 125-year-old institution, teeters on the brink of extinction. Even Macy’s, whose Thanksgiving Day parade is synonymous with American culture, has announced store closures and job cuts. These are not mere stumbles—they are symptoms […] The post Bolt CEO: Department stores are rising from the ashes appeared first on NY Times News Today.

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