Inside Retail

DECEMBER 7, 2021

Mexican restaurant chain, Mad Mex, has acquired back the 50 per cent ownership from its Singapore-based venture partner, 4Fingers International, shifting focus to its home market. Under the partnership, Mad Mex launched its restaurants in Singapore and Malaysia in 2019. .

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Retail TouchPoints

JUNE 2, 2022

We are emerging from the pandemic a much stronger, more profitable company than we were at the time of our IPO in 2019,” said the company’s President and CEO Chip Bergh in a statement. “We To hit the $10 billion mark in the next five years, the company plans to increase DTC revenues from their current 36% of the total to 55%.

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Retail TouchPoints

NOVEMBER 18, 2021

Additionally, the retailer will adjust its 125 planned closings for 2023 by closing an additional 10 stores in January 2022, but taking a second look at another 60 that were intended to go dark. The change in closure plans goes hand in hand with the retailer’s expanded digital presence. compared to Q3 2019.

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Planning Location Marketing ATS 290

Retail TouchPoints

APRIL 29, 2022

Resale has a new player with the launch of DICK’S Sporting Goods ’ in-store buy-back program, available in select markets through a partnership with outdoor and adventure gear resale platform Out&Back. DICK’S will pilot the program at DICK’S Sporting Goods locations in Pittsburgh and Lakewood, Colo. and its Cranberry Township, Pa.

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Sporting Goods Outdoor Marketing Location 312

Inside Retail

AUGUST 20, 2022

Coco Republic is to launch two flagship stores in California ahead of a progressive rollout in selected US markets and other global locations, the company has announced. It follows the success of a partnership with Restoration Hardware and the launch of an outdoor collection at an HD Buttercup store in Los Angeles in 2019.

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Retail TouchPoints

APRIL 30, 2021

The solution provider plans to expand the app’s current offerings to help c-stores attract new customers by receiving offers funded by CPG companies and streamlining enrollment in retailers’ loyalty programs. “By GasBuddy’s partnership with Audible was the subject of a 2019 Retail Innovation Conference session. Berenson & Co.

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Promotions Planning Consumer Management 279

Retail TouchPoints

APRIL 20, 2022

Luxury home brand Brooklinen is planning to triple its brick-and-mortar retail presence, first with the addition of four stores in new markets in 2022 and plans to reach 25 to 30 locations by the end of 2024. At that time its stated goal was reaching the 30 -store mark by 2023.

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Planning Shipping Customer Experience Location 288

Small Biz Trends

APRIL 25, 2022

shy of the first quarter of 2019 , before COVID-19 shocked the market. In addition, more than a third (37%) admit to planning to sell their business within two years. This article, " Sales of Businesses Near 2019 Levels But Inflation is a Concern " was first published on Small Business Trends. Image: Depositphotos.

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Retail TouchPoints

JANUARY 12, 2022

Home discount retailer Big Lots is returning to expansion mode after more than a decade of flat store growth, with plans to open as many as 500 new stores in the next six to seven years. The off-price chain plans to open approximately 50 net new stores this year, and ramp up the pace of expansion to about 80 stores per year thereafter.

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Retail TouchPoints

DECEMBER 2, 2021

The off-price retailer announced plans for 1,050 new store openings, 1,750 store remodels and 100 store relocations; the launch of 1,000 pOpshelf locations by fiscal 2025; and the company’s entrance into Mexico with 10 stores in fiscal 2022. Dollar General is preparing to embark on a massive expansion as it comes off a strong Q3 2021.

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Planning Location Consumer Marketing 300

Retail TouchPoints

AUGUST 3, 2021

with plans to reach more than 95 locations by the end of 2021. The brand posted a 56% net sales gain versus 2019 in Q1 2021, which ended May 1. Comparable sales grew 27% year-over-year and 46% versus 2019, with digital growth soaring 113% compared to Q1 2019.

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Marketing Apparel Wholesale Consumer 306

Retail TouchPoints

JANUARY 11, 2023

Microsoft is gearing up to take a bigger piece of the growing retail media pie with the debut of a suite of new capabilities through its PromoteIQ marketing platform, which the company acquired in 2019.

Advertising 310

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Retail TouchPoints

JULY 7, 2022

That was the solution for Adore Me; the internet-only company began working with influencers with large numbers of followers ( 1 million to 5 million ) in 2018 and 2019, but “we had hundreds of smaller influencers that wanted to work with us,” said Ranjay Roy, VP of Strategy at Adore Me, speaking at the RICE event in May.

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Marketing Social Commerce Consumer Management 289

Inside Retail

OCTOBER 5, 2022

In May 2019, the World Health Organisation officially classified ‘burnout’ as a recognised illness, while a 2018 Gallup study found that of the 7,500 full-time employees surveyed, 23 per cent felt burned out at work very often or always, and an additional 44 per cent felt burned out sometimes. Employee-choice market.

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Planning Employee Engagement Marketing Management 240

Retail Gazette

APRIL 19, 2024

Superdry co-founder and chief executive Julian Dunkerton issued shareholders an ultimatum this week: support my restructuring plan or the business will collapse into administration. However, is the retailer’s radical restructuring plan enough to save the business or is it simply too little too late?

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Planning Fashion Marketing Marketing Spend 69

Retail TouchPoints

DECEMBER 14, 2020

Lululemon plans to launch a footwear line in early 2022 as the retailer builds off its current sales momentum. for Q3 of fiscal 2019, which has been key to helping the brand thrive during the pandemic. This brought DTC to 42.8% of total net revenue, compared to 26.9%

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Planning Marketing 181

Retail TouchPoints

AUGUST 18, 2020

Payless, which has dropped the “ShoeSource” from its name, plans to open 300 to 500 freestanding stores across North America over the next five years, beginning with the opening of a prototype store this fall in Miami. We saw an opportunity for the brand to relaunch into the U.S.

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Planning Payment Services Brand Management Location 203

Inside Retail

NOVEMBER 9, 2021

Facebook Inc said on Tuesday it plans to remove detailed ad-targeting options that refer to “sensitive” topics, such as ads based on interactions with content around race, health, religious practices, political beliefs or sexual orientation. of Facebook’s 2020 revenue. presidential election. presidential election.

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Retail TouchPoints

JANUARY 22, 2021

Shares of American Eagle Outfitters (AEO) were up today following the retailer’s 2021 investor meeting, where the company outlined plans to close at least 200 largely mall-based American Eagle locations while at the same time expanding its Aerie brand. billion , up more than $400 million from 2019.

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Planning Checkout Apparel Location 198

Retail TouchPoints

MARCH 5, 2021

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. We feel good about the merchandising and operational plans that we have developed for this smaller prototype.

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Planning Location Store Operations Accounting 262

Retail TouchPoints

MARCH 3, 2022

Target has big plans for 2022, with the retailer announcing plans to invest up to $5 billion this year to open new stores, enhance its digital, fulfillment and supply chain capabilities, and expand its shop-in-shop concept with Ulta Beauty. and New York’s Times Square.

Payment Services 245

Payment Services Shopping Planning Fulfillment 245

Inside Retail

SEPTEMBER 19, 2022

Now the company’s founder has disclosed, in an interview with Inside Retail , plans to treble its store network within five years, add another 10 brands to its portfolio, and expand abroad – all while preparing for a potential IPO. A lucrative market for affordable fashion. H&M, which has 12 stores in the country, recorded 4.4

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Fashion Planning Marketing Management 130

Retail TouchPoints

MARCH 23, 2022

Nike is pushing forward with its digitally focused direct-to-consumer strategy following a strong Q3, with plans to build “the marketplace of the future” and bring standalone Jordan stores to North America. To that end, Nike plans to begin testing a new Jordan-only store concept in North America in 2023.

Planning 287

Planning Wholesale Sporting Goods Accounting 287

Retail Focus

APRIL 27, 2021

Brand experience company, Swarm’ s sister company, Folio Mirror debuted Folio Hair at Retail Design (2019) and have been developing the concept and use case ever since. The post Amazon has disrupted retail but can they crack the hair and beauty market? appeared first on Retail Focus.

Marketing 265

Marketing Promotions Customer Experience Planning 265

Inside Retail

SEPTEMBER 21, 2021

In 2019, third-party sellers generated roughly 60 per cent of Amazon’s product sales, double the percentage they represented a decade ago, Marketplace Pulse found. It has already acquired several e-commerce businesses in Australia, where it plans to focus its efforts. The numbers behind the business model. Fours levers to grow revenue.

Planning 246

Planning Inventory Management Outdoor Finance 246

Inside Retail

JUNE 14, 2023

Announced in 2019 , the 34,000sqm store will be located at Sylvia Park in Auckland. He said that New Zealand is a smaller market compared to other countries, including Australia, where Ikea has had a presence for 50 years. In terms of online shopping, New Zealand rates highly compared to many markets.

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Planning Home Furnishings Fulfillment Location 130

Mass Relators

APRIL 30, 2021

Weis Markets Inc. plans to invest $135 million in its growth during 2021. Jonathan Weis, the retailer’s chairman, president and chief executive officer, announced the capital expenditures plan Thursday during the company’s annual shareholder meeting. ” Weis Markets $4.1 over 2019. . SUNBURY, Pa.—

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Planning Marketing 52

Retail TouchPoints

APRIL 18, 2023

Now Flip is planning an “aggressive” expansion beyond the beauty category in the coming months that is likely to enlarge both its brand portfolio and its user base. “I The product you eventually choose is just the one that was better marketed, it’s not actually the best product.” We did scale it, but it wasn’t a good experience.”

Marketing 278

Marketing Payment Services Beauty and Health Fulfillment 278

Retail TouchPoints

JANUARY 19, 2023

Over the last several months we’ve demonstrated the extent to which we work every day to mitigate risk and protect our people, and our publicly available data show we’ve reduced injury rates nearly 15% between 2019 and 2021. What’s more, the vast majority of our employees tell us they feel our workplace is safe. “We

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Planning ATS Shipping Location 289

Retail Wire

SEPTEMBER 29, 2021

non-alcoholic beer in 2019 as the brewer went into “category creation mode,” according to Borja Manso Salinas, VP of marketing at Heineken USA. This year, the company plans to spend nearly half its marketing budget on 0.0 Heineken USA launched its Heineken 0.0

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Inside Retail

OCTOBER 20, 2022

In 2019, she teamed up with The Blow founder Phoebe Simmonds to launch The Memo, an e-commerce site that stocks the best baby and maternity products on the market without any of the clutter, infantilising language and judgement that customers encounter elsewhere.

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Marketing Beauty and Health Brand Management Promotions 246

Inside Retail

JUNE 5, 2023

Thailand’s HomePro is strengthening its market leadership in the country’s DIY/home improvement industry in the first half of 2023. According to Statista Market Insights, the DIY and Hardware market was worth US$14.21 According to Statista Market Insights, the DIY and Hardware market was worth US$14.21

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Marketing Net Profit Sporting Goods Outdoor 130

Inside Retail

AUGUST 15, 2022

Statista estimates China’s collectible toys market was worth around US$1.4 In contrast to the conventional toy market, the customer demographic of collectible toys is dominated by adults. Certain collectable toys have a high rate of return, which has attracted a lot of investors to this market. Rivals are turning up the heat.

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Marketing Promotions Returns Finance 130

Retail TouchPoints

JULY 10, 2023

Ant Group did not immediately respond to Retail TouchPoints ’ request for comment, but the company said in a statement shared with multiple news outlets that it “has been conducting business rectification proactively since 2020” and plans to “comply with the terms of the [new] penalty in all earnestness and sincerity.”

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Payment Services Planning Consumer Marketing 266

Inside Retail

OCTOBER 19, 2023

Former Woolworths executive Bill Wavish and gaming czar Bruce Mathieson have developed a “fix it” plan for Endeavour Group. The plan involves having Wavish join the board of the liquor and gaming powerhouse, which they argue has lost its way after being divested by Woolworths in 2019. billion since 2019.

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Boutique Finance Supermarket Planning 246

Inside Retail

NOVEMBER 14, 2021

Now, it is focused on building momentum through more aggressive above-the-line marketing — it has mostly spread through word-of-mouth up to now — and opening new bricks-and-mortar showrooms. “We The post How Institchu plans to become the world’s leading custom clothing company appeared first on Inside Retail.

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Inside Retail

MARCH 14, 2024

In 1999, the Italian eyewear conglomerate Luxottica acquired the firm with plans to expand its sunglasses line. 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.

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