As department stores like Saks Fifth Avenue try to get shoppers back into stores after the Covid-19 pandemic shutdowns, the shift to online sales may continue to accelerate thanks to personalization technology.Richard Lautens | Toronto Star | Getty ImagesHBC, the owner of Saks Fifth Avenue, said Friday it would be spinning the luxury department store’s website into a separate business from its stores after it raised $500 million.The venture capital firm Insight Partners has put up $500 million to take a minority stake in Saks.com, valuing the business at $2 billion, the company said in a press release. Saks’ 40 brick-and-mortar stores will …
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