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Macy’s to Close 150 Nameplate Stores, Focus on Luxury and Small-Format Locations

Retail TouchPoints

Macy’s plans to close 150 underproductive nameplate stores — approximately 50 this year alone — and continue its expansion of smaller-format stores as it prioritizes investment in about 350 go-forward locations. lower than the same period in 2022, with comp sales down 5.4% drop from 2022. Q4 net sales of $8.1 billion were 1.7%

Location 275
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Netflix Plans Permanent Brick-and-Mortar Locations Beginning in 2025

Retail TouchPoints

Netflix has operated multiple pop-up stores around the world, including a multi-title location in Los Angeles that operated during the 2022 holiday season and a Manhattan location tied to the Bridgerton series. Netflix has not made final decisions on the stores’ locations or exactly what features they will offer.

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Toys ‘R’ Us to Roll Out Branded Store-in-Stores to All Macy’s Locations in Time for Holiday 2022

Retail TouchPoints

Macy’s is expanding its partnership with WHP Global to bring Toys ‘R’ Us store-in-store locations in every U.S. store for the 2022 holiday season. Each Toys ‘R’ Us location will feature colorful fixtures and hands-on demonstration tables with various toy assortments. The rollout will begin in late July and complete on Oct.

Location 273
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Discount Tire Acquires 25 Dunn Tire Locations

Retail TouchPoints

Discount Tire has purchased the retail tire and automotive maintenance operations of Dunn Tire , which provides parts and installations for brakes, lube and oil services, front-end repairs and state vehicle inspections at 25 locations in western and central New York and Pennsylvania. Financial details of the transaction, which closed Sept.

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Five Below Continues Aggressive Growth Strategy, Plans 7 New Outlet Locations

Retail TouchPoints

Five Below plans to add at least seven new outlet locations to its store roster this year in partnership with mall operator Simon. The new locations, slated to open throughout this spring and summer, will be at Simon Premium Outlets in Albertville, Minn.; Five Below also will open two new locations, at Simon malls in Milpitas, Calif.

Location 309
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Ross Stores Opens 40 New Locations, Fulfilling FY22 Growth Plans

Retail TouchPoints

Ross Stores has opened 28 Ross Dress for Less and 12 dd’s DISCOUNTS locations across 21 states during September and October, meeting its forecasted growth of opening nearly 100 stores during FY 2022, which ends Jan. billion in Q1 2022, which prompted the retailer to revise its forecast for the remainder of the year.

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Dick’s Doubles Down on House of Sport Format, Planning 19 New Locations by 2024

Retail TouchPoints

Through a combination of converting existing stores and building at least 10 new stores next year, Dick’s Sporting Goods will add at least 19 House of Sport locations by 2024. The retailer also plans to exit its Field & Stream banner; after closing 12 of those stores in Q4 2022, which ended Jan. billion , up from $12.3

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