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Q2 2021 Roundup: How Target, Macy’s and Foot Locker Harnessed Consumer Optimism

Retail TouchPoints

Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. in Q2 2021 while its digital comparable sales grew 10% , building on the 195% growth achieved in 2020. compared to Q2 2019. Target’s Store-Based Fulfillment Model Drives Convenience. year-over-year and 5.8%

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Burlington Doubles Store Total Target to 2,000, Plans 75 Net New Locations for 2021

Retail TouchPoints

The company is planning to open 100 new stores this year while at the same time relocating or closing 25 existing stores, bringing the net total of new stores in 2021 to 75. 30, 2021, total sales increased 4% to $2.3 The company also reported topline results from fiscal year 2020, with total sales down 21% from fiscal 2019. “We

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Top Risks For Retail Businesses In 2021 (And in The Next Decade)

Retail TouchPoints

In this article, we take a look at the key risks that may be faced by retail businesses in 2021 but also through the next decade. This has increased e-commerce’s share of global retail to 17% in 2020, up from 14% in 2019. According to a 2019 consumer behavior study, 74% of consumers turn to Amazon when they need to purchase a product.

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Meet Revo, the performance sunglasses brand founded by a Nasa astrophysicist

Inside Retail

Today, Revo Sunglasses is led by chief executive officer Cliff Robinson, a third-generation member of the heritage optometry company, who is proud to be a part of the brand’s independent revival in the market. Robinson recalled that the company originally had plans to set up the shop back in 2019, “But we know where this story ended up.

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What retail investors should expect in 2023

Retail Focus

Retail Conditions Inflation in the UK currently sits around 10%, the highest rate in 40 years. When analysing market conditions, however, other factors need to be taken into consideration, including the geo-political climate and weather conditions. Market research shows retail food sales are expected to grow by around 5% in 2023.

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October Atlanta Apparel Closes Out 2021 with Pre-Pandemic Participation Levels

Independent Retailer

by International Market Centers. October Atlanta Apparel continued the upward attendance trajectory evident throughout 2021, with notable gains in accounts from the Northeast (+34%) and Southwest (+237%), augmenting its core Southeast and Midwest attendance base. territories, and 10 international countries. Market Party.

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Barnes & Noble CEO: “The big guys should be doing better”

Inside Retail

In conversation with reporter Lauren Thomas of The Wall Street Journal, Daunt discussed the realities of keeping up the bookstore chain’s legacy in a rapidly shifting market. In August 2019, Daunt was appointed as Barnes & Noble’s CEO, presumably to “save” the retailer in a similar manner. per cent from 2021, but still up 11.8

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