Luxury Brands Discover ‘Clienteling’ | Deep Discounts Sink Retail Margins | Retail Advocates Press Uncle Sam

Luxury Brands Use ‘Clienteling’ To Boost Sales; Plus, Deep Discounts Drive Buyers, Sink Retail Margins; And Retail Advocates Press Uncle Sam For Help

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TOP STORIES May 8, 2020 MAIN STREET Saving Main Street: Advocacy Groups Propose New Government Relief Programs The Main Street retail crisis has hit code red. Advocacy groups are now recommending programs that will give small to mid-sized retailers access to exclusive programs that will provide the real and immediate relief that was missing from previous government efforts. READ MORE CLIENTELING Upscale Retailers Embrace ‘Clienteling’ To Stay Connected READ MORE BANKRUPTCY WATCH Retail’s Abysmal Week: Will Liquidation Sales Follow? READ MORE WHAT’S HOT • Kohl's To Reopen Stores In 10 Additional States • JCPenney, Sephora To Maintain Partnership For In-Store Experience • Sephora, Klarna To Offer Shopping With Installment Payments • Reopening The Economy Following COVID-19 Restrictions • Brookfield Asset Earmarks $5B To Help Struggling Mall Retailers • Data: Luxury Goods Sales May Drop 35 Pct This Year • Papa John’s Sales Jump As Mobile Ordering Gains Steam • Target Eyes Purchase Of Delivery Startup Deliv BEST OF PYMNTS • Will PPP’s Lack Of Clarity Fail To Protect SMBs And Paychecks? • Balancing Gig Workers’ Desire For Work Flexibility, With The Need For A Steady Paycheck • Why Unified Commerce Is Critical For Merchants — And Catnip For Fraudsters

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