Retail
January 22, 2021
Barneys at Saks floor at New York flagship. Image courtesy of Saks Fifth Avenue
By Ellen Kelleher
Department store chain Saks Fifth Avenue has seen its physical stores continue to play a crucial role in boosting sales amid the COVID-19 pandemic, and executives do not believe this can be replaced by digital channels.
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","iv":"6b97baae9290c82af536bfeadf825fba","s":"e7c2b43f2d8d29f4"}
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