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Circuit City Plans to Curate Shop-in-Shops Using its Electronics Expertise

Retail TouchPoints

Circuit City has launched a Series A funding round along with plans for alliances with national companies, though it did not identify which companies will be involved. Circuit City also will support the partnerships with its customer service, private label products and white-glove consumer electronics experience.

Planning 277
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Beer Cartel invites consumers to buy up shares in the business

Inside Retail

There are also plans to introduce investor perks such as free shipping and discounted pricing on beer. Beer Cartel launched its beer subscription service back in 2009 and it now accounts for about 80 per cent of the online business, according to Kelsey. But consumers can also make one-off purchases on the site.

Consumer 231
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Famous Footwear Parent Caleres Outlines Executive Changes

Retail TouchPoints

Caleres has revealed its executive succession plan after CEO Diane Sullivan announced her retirement, effective Jan. During her career, Sullivan also worked with The Stride Rite Corporation as COO and held consumer brand management and sales roles at companies including M&M/Mars and The Mennen Company.

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Report: Rent The Runway Exits Brick-And-Mortar

Retail TouchPoints

Rent the Runway’s decision to permanently exit brick-and-mortar retailing continues its plan to drive down expenses. Founded as an e-Commerce business in 2009, Rent the Runway did not open its first retail location until 2014. As a result of this, all retail roles are being eliminated,” an unnamed executive told employees.

Apparel 247
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Afends opens two stores in Sydney, including CBD flagship

Inside Retail

“Afends has a big customer base from Sydney especially in the city, we wanted to give our consumers creative cool stores that they can visit and experience the brand and see it in action,” said founders Jonathan Salfield and Declan Wise. Opening the first store in 2009 in Byron Bay, Afends’s target customers are Millennials and Gen Z.

Fashion 246
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AI Remains Transformative Within the Ecommerce Space in 2024

Retail TouchPoints

They recognize GenAI’s contribution to their future success and see it as crucial to plans. About two-thirds of companies plan to invest more in AI in the next six months, and 60% of commerce leaders recognize the value of AI in boosting customer experience to provide a competitive advantage. The end result?

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Dollar General Adds 100+ Private Label Products as it Expands Fresh Food Offerings

Retail TouchPoints

Originally introduced in 2009, the expansion will bring the range of Clover Valley items to approximately 600 , with new additions including sauces, condiments, entrees, sides and snacks. “We Internal company research also has found that consumables now account for almost 80% of total sales at Dollar General.

Grocer 242