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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Planning Wholesale Location Marketing 296

Inside Retail

DECEMBER 7, 2021

The recent acquisition also means the end of Mad Mex’s ambitious expansion plan in Asia , which was announced two years ago before the pandemic forced it to change the strategy. . “I Under the partnership, Mad Mex launched its restaurants in Singapore and Malaysia in 2019. .

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Returns Planning Marketing Consumer 246

Inside Retail

JANUARY 6, 2022

From its launch in 2019, My Foodie Box has grown from 35 subscribers to more than 1650 and delivers around 1000 boxes per week. Now, using its fresh capital, it plans to expand into a broader online food retail offer, ramping up its marketing activity and further developing its technology platform to expand its geographical footprint. “The

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Planning Marketing Consumer 264

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. The plans were likely delayed due to the impact of COVID-19, but recent sales growth is a sign that the expansion can begin.

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Planning Shipping Customer Experience Location 296

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

NOVEMBER 18, 2020

Taking advantage of the surge in online grocery generated by COVID-19, Farmstead plans to bring its dark store fulfillment model to a third market: Raleigh-Durham, N.C. Farmstead began in the San Francisco Bay area and announced plans in September 2019 to expand into the Carolinas. The expansion will be fueled by a $7.9

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Planning Marketing Fulfillment Customer Experience 269

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

DECEMBER 10, 2020

Shopko Optical has partnered with SiteSeer Technologies to harness its suite of analytic tools, with plans to use them for site selection during an upcoming brick-and-mortar expansion phase.

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Planning Location Store Operations ATS 277

Inside Retail

AUGUST 20, 2022

The plan coincides with the appointment of two key executives in the US: Eric Bauer as global CEO and Skye Westcott as president of North America who will lead what Coco Republic, the Australian-founded furniture and homewares chain, describes as an “accelerated global expansion, initially focused on the California market”.

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Planning ATS Outdoor Consumer 246

Retail TouchPoints

JULY 30, 2020

The retailer plans to roll out delivery of items from 1,100 stores beginning in August. In 2019, Big Lots instituted buy online, pick up in-store in all 1,400 of its stores, and the retailer rolled out curbside pickup chainwide when the COVID-19 pandemic began.

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Planning Shipping Shopping ATS 260

Retail TouchPoints

SEPTEMBER 24, 2020

Party City is hiring 20,000 temporary workers for the holiday season — 80% of its 25,000 seasonal hires in 2019 — even though the retailer is drastically reducing the number of Halloween City pop-up stores it will open this year. The National Retail Federation projects that Halloween spending will dip only 8% from 2019, topping $8 billion.

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Planning Payment Services Location Shopping 264

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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Planning Checkout Finance Returns 182

Retail TouchPoints

FEBRUARY 28, 2023

These facilities are significantly smaller than traditional fulfillment centers but are designed to prepare items for immediate delivery — and Amazon is poised to expand from 45 same-day sites (as of 2019) to at least 150 in the next several years, according to MWPVL International.

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Fulfillment Planning Shipping Location 323

Inside Retail

MAY 26, 2021

At fashion retail giant H&M group, workforce planning has become a critical part of daily activity. The creation of H&M’s workforce planning system began back in 2012 when the company deployed Board to track the performance of individual stores. The company operates some 4950 stores and has 126,000 employees.

Planning 245

Planning Point of Sale Fashion Management 245

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 305

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 222

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 234

Inside Retail

SEPTEMBER 20, 2021

.” This new afforestation investment in New Zealand will see its first planned harvest to take place at the end of the first rotation, 30 years after planting. Ingka Group’s New Zealand land purchase follows their 2019 announcement of the opening of stores and creating a digital presence in the country for the first time.

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Management Planning Accounting ATS 182

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. In an interview with The Wall Street Journal , Margolis said “starting from scratch puts us in a good position.”

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Planning Payment Services Brand Management Location 227

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.

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Payment Services Shopping Planning Fulfillment 246

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 289

Planning Wholesale Sporting Goods Accounting 289

Retail Wire

APRIL 7, 2022

Rent the Runway is raising annual fees on its four subscription plans by an average of five percent. The company has seen its subscriber count fall to nearly 117,000 in 2021, down from 133,572 in 2019.

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Planning 100

Retail TouchPoints

MARCH 4, 2021

Dollar Tree plans to open 600 new stores and to renovate 1,250 Family Dollar stores in fiscal 2021, which runs through the end of January 2022. The company opened its first Combination Store in late 2019, followed by two additional test stores in early 2020. Enterprise same-store sales increased 4.9%

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Planning Marketing Location Returns 242

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.

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Planning Employee Engagement Marketing Management 240

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 264

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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Planning Advertising Location Marketing 130

Retail TouchPoints

JANUARY 28, 2021

Lowe’s has allotted an additional $80 million in discretionary bonuses for frontline associates and plans to hire more than 50,000 new associates across the U.S. increase in comparable sales from 2019 in Q3 2020 and a 106% increase in online sales. in advance of the busy spring home improvement season.

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Planning Payment Services Apparel Consumer 253

Retail TouchPoints

MARCH 3, 2021

million reported in 2019. Like many retailers, some of these losses were offset by growth on the ecommerce side of the business, with online accounting for 24% of the company’s sales in 2020, up from 10% in 2019. In 2020, Paper Source had gross sales of approximately $104 million , a 32% decline from the $153.2

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Planning Finance Accounting Location 299

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 290

Retail TouchPoints

JANUARY 18, 2024

Target has tapped Michael Fiddelke, who has served as the retailer’s CFO since November 2019, to add the COO role to his responsibilities. Current COO John Mulligan announced his retirement plans in October 2023. He will wear both hats until Target names a new finance chief.

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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 315

Advertising Planning ATS Marketing 315

Inside Retail

FEBRUARY 8, 2024

Over the last five years as CEO, King has been enacting his ‘customer-first plan’ which has re-established Myer as Australia’s 8th most trusted brand, according to Roy Morgan. The customer-first plan was introduced back in 2019 and remains the centrepiece of the company’s strategy to deliver for all its interested parties.

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Department Stores Inventory Management Planning Returns 264

Inside Retail

NOVEMBER 9, 2022

We’ve set out differentiators in our strategic plan, and we continue to make good progress against all of them,” he said. We still have work to be done, and we will be measured by our stakeholders in terms of our achievements in time, but I’d have to say that our ‘Plan A’ is pretty robust.”. Graham was clear in his answers. “We

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Planning Supermarket ATS Management 130

Inside Retail

JUNE 22, 2022

Another Amazon executive said Tuesday that Alexa had 100 million customers globally, in line with figures the company has provided for device sales since January 2019. The post Amazon has a plan to make Alexa mimic anyone’s voice appeared first on Inside Retail.

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Planning ATS 130

VMS

NOVEMBER 23, 2021

Mad Lords (Paris) is planning to expand its footprint with an additional three stores in 2022, Forbes reports. The fine jewelry boutique is planning to open new locations in Belgium, Brussels, and another on Rue St. The post Mad Lords Plans Expansion appeared first on Visual Merchandising and Store Design.

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Planning Visual Merchandising Jewelry Boutique 82

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. It is targeting 30 per cent annual sales growth by 2025. Since then, the brand has opened 10 more.

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Fashion Planning Marketing Management 130

Inside Retail

NOVEMBER 14, 2021

“We just opened our 13th store in Perth a couple weeks ago and we have another four to five stores planned for the next calendar year,” Robin McGowan, Institchu’s co-founder and managing director, told Inside Retail. The post How Institchu plans to become the world’s leading custom clothing company appeared first on Inside Retail.

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Planning Location Management Marketing 130