Retail
July 26, 2016
Image courtesy of Saks Fifth Avenue
By Jen King
Retailers can no longer rely on a bricks-and-mortar network to measure revenue growth as sales decline and foot traffic drops off. Instead, specialty retail brands must search for a new growth narrative.
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","iv":"e23f3bf9c15663c4ceeae8c4a2ef2003","s":"06a671ffaff17f00"}
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