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Once a shrine to a retailer’s brand, ‘flagships’ lose lustre

NEW YORK — It used to be considered the retailer’s crown jewel a large format store on a swank corridor that showed off the best of what a brand had to offer.

But now the so-called flagship store is disappearing from high-profile shopping thoroughfares like Manhattan’s Madison Avenue and Chicago’s Magnificent Mile because of skyrocketing rents and the shift to online shopping.

Trump vows to retaliate against French digital tax

WASHINGTON — President Donald Trump promised on Friday to retaliate against France for adopting a pioneering tax on internet giants like Google, Amazon and Facebook.

He also managed to get in a shot at French wine. Trump, who doesn’t drink alcohol, tweeted: “I’ve always said American wine is better than French wine!”