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Saks Global Re-Emerges as Exemplar Luxury Group

Saks Global has completed its Chapter 11 restructuring and re-emerged under the name Exemplar Luxury Group (ELG), cutting its total debt by close to 75 percent, reports Yahoo Finance. The company, which operates Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman, said it has entered new ownership with a "strengthened" balance sheet, "sufficient" liquidity, and…

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The Hidden Legal Risks of AI-Generated Advertising for Retailers
July 1, 2026 at 12:20 pm

Generative artificial intelligence is rapidly changing how advertising gets made. What once required days of model shoots, full video crews, and large creative teams can now be produced faster and at lower cost with AI tools. For retailers, that means quicker creation of digital ads, seasonal campaigns, product imagery, social media content, and even updated…

Intelligent Personalization in Retail
July 1, 2026 at 9:00 am

Personalization in retail has scaled a higher altitude in 2026. Consumers expect brands to not only recognize and remember them as unique individuals in the moment, but also to anticipate their needs as they change. A Capgemini Research Institute report shows that 71 percent of consumers want generative artificial intelligence to be integrated into their…

Architecture Beats Features: Why Retailers Are Rebuilding From the Foundation Up
June 30, 2026 at 6:21 pm

For years, retail technology decisions were driven by features. Which platform has the best promotion engine? Which WMS has the most carrier integrations? Which OMS has the most configurable routing logic? Features were how vendors competed and how buyers evaluated. That frame is changing, and the retailers that recognized it earliest are operating with a…

Saks Global Emerges From Chapter 11 as Exemplar Luxury Group
June 30, 2026 at 4:52 pm

Saks Global has completed its Chapter 11 restructuring and re-emerged under the name Exemplar Luxury Group (ELG), cutting its total debt by close to 75 percent, reports Yahoo Finance. The company, which operates Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman, said it has entered new ownership with a "strengthened" balance sheet, "sufficient" liquidity, and…

New Research Reveals What Retail Workers Want From Health Benefits
June 30, 2026 at 12:47 pm

Retail workers want more from their health benefits than traditional plans provide. The industry’s notoriously high turnover rates are one indication that employees aren't satisfied with what most retailers currently offer. As a result, they're constantly searching for better compensation and will quickly move on if the company's benefits package doesn't meet their needs. Improving…