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Survey: Social media driving shopping decisions
Thirsty for meaningful brand interactions, consumers are turning to social media more regularly.
While it’s still largely used for socializing and product discovery, social media is increasingly influencing consumer purchasing decisions, according to “Shopping’s Social Influence,” a new report from digital advertising and analytics firm Adlucent.
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New Saks is ‘first of its kind’
Saks Fifth Avenue’s new store in New York City is unlike any other the retailer has opened to date.
Located at Brookfield Place in lower Manhattan, the 86,000-sq.-ft. store is decidedly smaller than most Saks’ locations. It feels more like a boutique than a department store, with some traditional departments, such as handbags eliminated. (Handbags and certain other products are grouped by brand as opposed to category.) It also boasts such new services as a “power lunch” offering.

