article thumbnail

Subway Has Closed Over 1,600 Locations Since 2022 in the United States

Retail Wire

In recent years, however, the company has closed thousands of locations, with as many as 1,600 locations closing since 2022 in the U.S. Subway Closed Over 1,600 Locations Since 2022 According to USA Today , which examined franchise disclosure records for its report, the number of Subway shops in the U.S.

Location 195
article thumbnail

Kurt Geiger is ‘Going Big in North America’ with Plans for 50 U.S. Stores

Retail TouchPoints

Photo: Zach Benson And this is just the beginning, with five additional locations already in development across North America for early 2025 (in markets including Miami, Houston and New York), and 50 stores planned for the region in total. From 2018 to today, gross sales have grown 100X , from 2.5 Along with its U.S. million ($3.1

Planning 301
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

JD Sports Completes $548 Million Purchase of French Sneaker Retailer

Retail TouchPoints

UK-based JD Sports has acquired Groupe Courir , a 323 -store sneaker retailer with locations in France, Spain, Belgium, the Netherlands, Portugal and Luxembourg. JD Sports has a tradition of growing through acquisition: the retailer had purchased Finish Line in March 2018 for $558 million , and in April 2024 JD Sports purchased U.S.

article thumbnail

New Activist Investor Pushes Macy’s to ‘Look to Dillard’s’ for Better Path Forward

Retail TouchPoints

Since fiscal year 2018, Dillards has paid out 60% of its total cumulative cash sources to stockholders versus Macys at 25%. Dillards stockholders have benefitted greatly from this plan, seeing a total return in their shares of +788% versus Macys of -12%.

Returns 297
article thumbnail

Wonder Buys Media Company Tastemade for $90 Million

Retail TouchPoints

Wonder, which was founded by Jet.com entrepreneur Marc Lore in 2018, purchased meal kit company Blue Apron in October 2023 for $103 million and in November 2024 acquired Grubhub for $650 million. Walmart in February 2024 , and in March 2024 Wonder raised $700 million and announced plans to operate 90 physical locations by the end of 2025.

article thumbnail

Real-Time Inventory and Search Integration: The Backbone of Next-Level Ecommerce

Retail TouchPoints

If your business has achieved this competence, youre benefitting from clear and hyper-current information on the location, quantity and availability of products across distribution centers and warehouses, as well as items in transit or sitting on store shelves.

article thumbnail

Why Best Jumpers’ new concept store is set up like a walk-in wardrobe

Inside Retail

A unique location that attracted heavy local foot traffic was top of mind for Best when he was discerning where to open Best Jumpers’ concept store – a generic location like the middle of Chapel Street did not make the shortlist. “The consumer is the biggest difference and why we wanted to do the store in the south side,” said Best.

Fashion 130