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We're on the brink of the holiday season, meaning that the retail sector is going to be booming with news. Here are 10 stories you should know about:
1. Outdoor recreation and sporting goods giant REI is making a bold move, announcing that it's going to be closed on Black Friday. (Yes, you read that right.) [Forbes]
2. Is experiential retail the new edge against competition? [GS]
3. The SEC will vote tomorrow on the decision to allow retail investors to invest in private companies via crowdfunding. [MW]
4. Walgreens is nearing a deal to buy Rite Aid in what will birth a drugstore monster. [Bisnow]
5. Listen up, mall developers. An Apple store may be the secret to having a top-grossing mall. [Bisnow]
6. Amazon.com's shares are seriously outperforming all other retailers. [CNBC]
7. In addition to REI, other specialty retailers are stepping back from the Black Friday frenzy. [WSJ]
8. Retail condos are becoming an investor fave. [NREI]
9. Brooklyn might be a gold mine for untapped retail revenue. [TRD]
10. Sorry retailers, but Westfield World Trade Center is completely booked. [TRD]
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