This Week’s Top Story

Fashion muse Olivia Palermo has teamed up with Nordstrom (55 E. Grand St., nordstrom.com) to launch a 32-piece collection that’s now available at the Michigan Avenue store. Inspired by classic American sportswear, the Olivia Palermo + Chelsea28 collection centers on versatile basics priced from $68 to $448. Look for poppy-print silk culottes ($98), a sleeveless suede trench ($448), and a stretch-denim blazer ($148).

Top Sales This Week

Penelope’s (1913 W. Division St., shoppenelopes.com) in Wicker Park is holding its winter clearance sale. Fall and winter styles for both men and women are 50 percent off. Items include cutout Oxford shoes (reduced from $189 to $89) and a Montauk sweater from A.P.C. (reduced to $169 from $340).

Barbour (54 E. Walton St., barbour.com) has coats for men and women slashed down to $50 to $150. Shirts, sweaters, jackets, and jeans are also 30 percent off.

Scoop (1009 N. Rush St., scoopnyc.com) is offering an additional 60 percent off sales items; some pieces are discounted by 85 percent.

Pop-Up Shop

Two Penny Blue (3738 N. Southport Ave., 2pennyblue.com), the philanthropic blazer brand, hosts a pop-up shop for Le Coeur watches at its flagship store on Friday and Saturday. The unisex watches, which can be engraved, are typically sold online only. They have a minimalist look and are made with Italian leathers and movements from Harley Ronda Swiss Quartz. During the pop-up, the watches will be displayed alongside Two Penny Blue’s regular merchandise, which includes candles, scarves, jewelry, blankets, and home décor along with blazers. The show runs from 10 a.m. to 6 p.m. each day.

Market

Dose Market (dosemarket.com) returns to Morgan MFG (401 N. Morgan St.) on Sunday. In honor of Valentine’s Day, the theme for this week’s rendition is “Love Dose.” Some 100 vendors will showcase food and fashion; there will also be chocolates, flowers, and a professional artist to help compose valentines. The market runs from 10 a.m. to 4 p.m.; get tickets here.

Retail News of the Week

  • Uniqlo has received the “Business Impact of the Year” Award from the Magnificent Mile Association. Read more.

  • Unconfirmed rumors say that Amazon will open some 400 brick-and-mortar stores. Read more.

  • Luxury fashion brand Burberry will make its collections available for purchase, online and in stores, immediately after fashion shows. Read more.