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As more factories switch to renewable power, Ikea sets new emissions targets

Inside Retail

The 50 per cent reduction target compares with the 2016 financial year, while its prior 15 per cent goal was set in 2017. The 2023 emissions were down 22 per cent compared with 2016. Ikea’s use of raw materials such as wood accounts for the biggest share (45.9 “We are very much looking forward to scaling this.”

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Mattress Firm Puts IPO on Ice, Citing Market Volatility

Retail TouchPoints

Mattress Firm has withdrawn its plans for an IPO this year, according to documents filed with the SEC. After going private in 2016, the chain hit a few bumps in the road, including an accounting scandal that saw the resignation of the current CEO.

Marketing 262
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What does Apple’s Indian expansion plan mean for the mobile landscape?

Inside Retail

After formally filing a request for the retail store in 2016, the global tech giant wanted to open the facility in 2020 but postponed the plans due to Covid-19 disruption. Furthermore, Apple is reportedly planning to open three additional stores in the coming years to strengthen its offline presence in India.

Planning 130
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California Won’t do Business with Walgreens Over Abortion Pill Stance

Retail TouchPoints

Even before the Dobbs decision, in 2020, medication abortions accounted for 53% of all facility-based abortions in the U.S., Walgreens issued a statement that read: “We want to be very clear about what our position has always been: Walgreens plans to dispense Mifepristone in any jurisdiction where it is legally permissible to do so.

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Mattress Firm Files for IPO 6 Years After Going Private

Retail TouchPoints

The company said in a statement that it plans to list on the New York Stock Exchange under the symbol MRFM, the same ticker it used in its previous listing on the Nasdaq. After going private in 2016, the chain hit a few bumps in the road, including an accounting scandal that saw the resignation of the current CEO.

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MCoBeauty CEO Shelley Sullivan on bringing ‘masstige’ makeup to the US market

Inside Retail

IR: Any plans for an MCoBeauty retail store in the US or Australia? IR: What percentage of MCo Beauty’s sales revenue does e-commerce account for in comparison to brick-and-mortar retail? IR: Sister brand ModelCo has had global exposure through its partnership with celebrities, including Hailey Bieber (then-Baldwin) in 2016.

Marketing 246
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Peloton disrupted fitness once. Can it leverage TikTok to do it again?

Inside Retail

Since TikTok first came onto the scene in 2016, certain retailers have excelled at harnessing the power of the social media platform to go viral and sell products ranging from makeup to perfume to home decor. million fitness subscribers, accounting for almost half of the brand’s connected fitness subscriber base.

Apparel 130