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I stanley polska n a potential rescue arrangement that could grow its reach on the U.K. high street,聽Fraser stanley mug s Group said it is in talks to purchase the Debenhams聽department store company from administrators, The Irish Times reported.Frasers said it hopes that a deal can be struck and that employment positions at Debenhams can be retained. However, it warned that there is no certainty that any transaction will take place, particularly if discussions cannot be concluded swiftly, per the news outlet.Last week, administrators for the department store chain said it would be wound down, and that all locations would be shuttered following 242 years in operation.The news came after Arcadia Group, Debenhams ; stanley cup largest concession operator, fell into administration. Arcadia comprises roughly 5 percent of Debenhams ; sales.Enforced closure amid COVID-19, along with the migration to eCommerce, has pummeled a number of U.K. merchants. Mike Ashleys Frasers Group, however, has had an outlook for expansion even with the pandemic.Ashley has purchased much of Britains high street in recent years. He owns 64 percent of Frasers Group in addition to the Newcastle Football Club. Ashley reportedly wants to turn Frasers into the Selfridges of sport. Frasers had bought shares in Hugo Boss, the German fashion company and the high-end brand Mulberry.Earlier this year, Debenhams聽was reportedly seeking relief from landlords for five months of rent as it foresaw challenges from the continuing pandemic. T Peje Wait, Is Amazon Beating Alibaba In China

The concept of giving consumers something for free 鈥?be it part of an order, the result of a refund or some other promotional reward 鈥?is nothing new to retail.But for it to be a companys entire business model At a glance, that might conservatively be described as unwise, from a profit-and-loss perspective.Yet, there stands SamplingLab in Portland, Oregon, a store that has been in business since late 2014 without charging shoppers a dime the place doesnt even have a cash register .What customers of SamplingLab do pay with is opinions: In exchange for the full-size products 鈥?ranging in categories from food to beauty 鈥?that they take home in addition to those that they sample onsite , shoppers, who register as members of SamplingLab, are required to fill out an online questionnaire. Theres a one-product-per-day per customer limit at the store, but as long as members keep sharing their opinions, they get to keep on sampling.Its the brands seeking that feedback that keep the lights on in the combination retail space and hangout lounge that is SamplingLab, paying about $2,000 to have their goods in rotation for stanley quencher 30-to-45-day periods, reports The Wall Street Journal.What makes the opinions of the gourde stanley freebie-seekers that frequent the shop so valuable Theyre millennials, of course.SamplingLab Founder Jeff Davis 鈥?a marketing consultant 鈥?told WSJ聽that 75 percent of his customers are 34 or younger, putting them i stanley france n the sweet spot of 18-to-34-year-olds that account for an estimated