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The Reject Shop plans more stores as sales surge

Inside Retail

Discount variety retailer The Reject Shop plans to open more stores this year to support sales growth and increase profitability. The chain currently has 386 stores nationwide, having opened 67 new stores and closed 35 underperforming ones since June 2020. The Reject Shop posted record sales of $852.7 million last year, up 4.1

Planning 278
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Coresight Predicts Store Closures will Spike to 15,000 This Year

Retail TouchPoints

store closures totaled 7,325 , the highest number since 2020, when Coresight tracked almost 10,000 closures. Inflation and a growing preference among consumers to shop online to find the cheapest deals took a toll on brick-and-mortar retailers in 2024, said Deborah Weinswig, CEO of Coresight Research in a statement. In 2024, U.S.

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DTLR, Shoe Palace Shift to Mobile POS at 450 U.S. Stores

Retail TouchPoints

The UK-based JD Sports acquired Shoe Palace in December 2020 and DTLR in February 2021 as part of a push into U.S. The move to Jumpmind Commerce for point of sale on mobile devices is part of a larger initiative to modernize our stores and elevate the shopping experience for our customers , said DTLR CEO Todd Kirssin in a statement.

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Black Friday 2024: Why automation is critical for Australian retailers

Inside Retail

As the Black Friday 2024 shopping frenzy approaches, Australian retailers are gearing up for their biggest challenge yet – managing skyrocketing demand while staying efficient. To seize this massive opportunity, retailers must ensure smooth, scalable shopping experiences, and automation is the way forward. The key to thriving?

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Struggling Kohl’s Snags Michaels CEO to Lead Company

Retail TouchPoints

“Although we had a strong collective performance across our key growth areas, including Sephora , home décor, gifting and impulse, and also benefited from the opening of Babies ‘R’ Us shops in 200 of our stores, these were unable to offset the declines in our core business.

Apparel 278
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Has Amazon Finally Cracked the Code for Grocery Retailing?

Retail TouchPoints

In 2020 my beloved local Fairway went under, and for five years the store space has languished, sitting dark and empty alongside several other shuttered chains: Modells , Subway (although somehow the Kohls has survived). billion acquisition of Whole Foods. In that regard, Amazon also meets the challenge.

Checkout 284
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New retail stores redefining shopping in the US: Aritzia, Apple, Puma and more

Inside Retail

From an Apple store featuring biophilic design to Puma’s casino-inspired Las Vegas shop, these hot new bricks-and-mortar stores are bringing the heat to the retail industry. Our team cant wait to welcome customers and share exceptional personal shopping and support experiences like only Apple can.

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