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Burlington Plans to Open 100 New Stores in 2024

Retail TouchPoints

“We have rigorous standards for the quality of new store locations, and over the last couple of years this has made it difficult to hit this 100 -store run rate,” he said. Still, O’Sullivan said he believes the 100 -store target is achievable in 2024, with Burlington planning to open approximately 140 stores this year.

Planning 226
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Starbucks Unveils Evolved ‘Reinvention’ Plan

Retail TouchPoints

The new “Triple Shot” plan builds on the original reinvention strategy introduced by former CEO Howard Schultz at the company’s Investor Day in September 2022. Here are some of the details on how Starbucks plans to continue this momentum in the coming years: Shot #1: Elevating the Starbucks Brand… …through 4% net-new store growth in the U.S.

Planning 230
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Ikea to Open 4 More ‘Plan and Order Point’ Stores in 2024

Retail TouchPoints

Ikea , which debuted its Plan and Order Point store format in Dallas in November 2023 , will add four additional locations this year, with more to follow. Smaller than traditional Ikea brick-and-mortar locations, these stores offer design consultations and serve as customer pickup points.

Planning 147
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AI is driving a dramatic reinvention of retail demand planning. Here’s how

Inside Retail

Australian retail businesses have been warned they are missing out on sales by reacting too slowly to customer trends – and that poor retail demand planning is resulting in unnecessarily high levels of capital tied up unproductively in unsold inventory in warehouses and stores. million SKU locations the company is forecasting simultaneously.

Planning 147
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Mosaic plans 40 new mega stores after network cull spurs profit turnaround

Inside Retail

The plans were revealed along with the group’s annual result which saw a $33.5 With that taken into account, comparable store sales rose by 9.6 ” A focus on e-commerce has seen online sales account for 20 per cent of group turnover in the latest financial year, with 4.4 million turnaround from a loss of $16.4

Planning 241
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Location Data is a Must for Site Selection

Retail TouchPoints

Between difficult compliance requirements and the public’s general reluctance to shop in person at the beginning of the pandemic, many business owners have had to suspend plans for expansion, limit their operations or even shut down entirely. Location Intelligence Matters.

Location 225
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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

Customer experience LSKD has ‘audacious’ growth plans for the next few years and Shaughnessy is expected to play a key role in helping the brand create a unique in-store experience and ensuring the right products are stocked in each store. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards.

Planning 264