Inside Retail

DECEMBER 12, 2023

It comes as the brand plans to open new stores in Sydney and Melbourne in early 2024. Ksubi’s return to operating stand-alone stores in Australia has been a long time coming. When Inside Retail spoke with current CEO Craig King back in 2018 it was established that the company was scouting for CBD locations in both Melbourne and Sydney.

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Retail TouchPoints

MARCH 28, 2022

Ulta Beauty is partnering with Happy Returns to add Return Bar services to 1,300 brick-and-mortar locations. Through this partnership, Ulta and Happy Returns will increase the total number of Return Bar locations to more than 5,000 by the end of 2022.

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Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. Mastercard Spending Data Reveals 4 Key Takeaways for Holiday 2022.

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Retail Focus

JANUARY 6, 2022

Global architecture, planning and design firm CallisonRTKL has released its Forecast 2022 report – looking at the accelerators, disruptors, and constants shaping the built retail environment in the year to come. In 2022, we will see physical retail environments simplify in-person transactions. Tempur-Pedic (New York City).

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Inside Retail

FEBRUARY 11, 2024

Customer experience LSKD has ‘audacious’ growth plans for the next few years and Shaughnessy is expected to play a key role in helping the brand create a unique in-store experience and ensuring the right products are stocked in each store. “A LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards.

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Planning Drop-Shipping Customer Experience Wholesale 264

Retail TouchPoints

JULY 26, 2022

For the 2022 holiday season, the trillion-dollar question is how do brands and retailers maintain growth, but do it profitably with an omnichannel approach? Here are our five holiday shopping predictions to consider as you develop your strategy for the 2022 season. plan to start buying gifts earlier – the No.

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Retail TouchPoints

FEBRUARY 15, 2022

So what changes should we expect to see in 2022? These players will continue to expand in 2022, reshaping consumers’ expectations of an acceptable wait time for groceries. In 2022, grocers will need to become digital-first. Here’s my take: 1. Ultra-rapid grocery delivery will gain further influence.

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Inside Retail

FEBRUARY 16, 2022

So those old T-shirt and jeans combinations won’t cut it for professionals returning to the office. “ 2022: Big stitches in store. McGowan added: “The pandemic definitely changed international expansion plans for a lot of retailers.

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Retail TouchPoints

DECEMBER 10, 2021

The pandemic has been a challenging time for shopping centers, and even as vaccination rates climb and shoppers return to old habits, retailers are finding that many of their shopping preferences have permanently shifted. I think what’s going to be interesting is, how do we rebound in 2022?”

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Inside Retail

NOVEMBER 23, 2023

British music store HMV will on Black Friday return to its former flagship store on London’s Oxford Street after a four-year absence, offering vinyl, clothing and merchandise in a vote of confidence for physical stores in an increasingly online age. Now, thanks to a more favourable rent and business rates package, HMV is coming home.

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Retail Gazette

MARCH 11, 2024

Ann Summers’ profit and sales rose in its full year results, which it said was “driven by consumers returning to the high street post-pandemic” Profit was up 3% to £61.8m to £104.6m, from just over £100m in 2022. for the year ended 1 July, compared to £60m the year before.

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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

APRIL 26, 2024

A little less than one year after Toys ‘R’ Us made its return to the world of UK brick-and-mortar via nine shop-in-shops in WHSmith stores, TRU parent company WHP Global has announced plans to expand the partnership and add 30 new locations by this summer. Locations and opening dates will be announced in the coming weeks.

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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. Between July 2020 and year’s end, the retailer opened 32 additional Combination Stores and is currently operating nearly 50 locations. Enterprise same-store sales increased 4.9%

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Planning Marketing Location Returns 190

Retail TouchPoints

MAY 17, 2022

There is definitely a need to return to the physical experience.”. A New Take on Location, Location, Location. It’s a location filled with coffee shops and Gen Z is everywhere there,” Zaccariello said. In Shanghai, the brand encountered challenges because indoor events were restricted at holiday planning time.

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Retail TouchPoints

MAY 2, 2023

The retailer started closing 250 locations earlier this year, pursuant to its plan to exit Chapter 11 with a much smaller footprint, and began the process of shuttering the remaining locations on May 1. 1, 2022, saw net sales of $157.1 compared to Q1 2022. million , down from $176.9

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Inside Retail

MARCH 13, 2023

In what the national property agency CBRE described as a ‘flash survey’, 83 per cent of Australian respondents across a snapshot of the Asia Pacific region indicated expansion plans. The lift in sales followed a disappointing 4 per cent in December 2022 underpinning a 1.6 per cent month-on-month to $35.09 billion in January 2023.

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Retail TouchPoints

SEPTEMBER 14, 2022

Starbucks is preparing for the future with Starbucks Odyssey, a new experience that will be powered by Web3 technology, and the release of its Reinvention plan, a three-year financial roadmap that aims to deliver 7% to 9% comparable store sales growth and 10% to 12% revenue growth annually. Starbucks Plans Additional Workforce Investments.

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Retail TouchPoints

JANUARY 12, 2023

Mattress Firm has withdrawn its plans for an IPO this year, according to documents filed with the SEC. following a years-long turnaround effort that included the closure of 950 locations. In 2017, Mattress Firm filed for bankruptcy to facilitate a prepackaged restructuring that included the closure of 700 underperforming stores.

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Independent Retailer

SEPTEMBER 23, 2021

The American Pet Products Association (APPA) and Pet Industry Distributors Association (PIDA) have announced Global Pet Expo will be held live and in-person March 23-25, 2022, in Orlando, Florida. The trade show team has been hard at work behind the scenes making sure Global Pet Expo 2022 is the best yet.

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Retail Gazette

NOVEMBER 29, 2023

The central London location is where the retailer opened its first store back in 1921 and has hosted some of the world’s biggest artists including The Spice Girls, Kylie Minogue, The Weeknd and Blur for autograph signings and exclusive performances. So, what exactly does the the next chapter of HMV look like?

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Retail TouchPoints

APRIL 8, 2022

locations, with plans to expand the waste-reduction campaign to 49% of the country’s locations by the end of 2022. The expansion is part of The Body Shop’s five-year refill-station implementation plan. Our customers have been eagerly waiting for refills to return to The Body Shop.

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Shopping Location Returns Planning 242

Retail TouchPoints

JANUARY 9, 2023

Macy’s will reportedly close four locations, in Fort Collins, Colo.; The closures are part of the retailer’s Polaris growth strategy , which aims to stabilize the department store as it pursues a return to growth. The company will offer impacted employees jobs at nearby locations or severance packages. Gaitherbeurg, Md.;

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Retail TouchPoints

MAY 9, 2022

Following a March 2022 announcement that it planned to expand beyond its roots in electronics, Best Buy is entering new categories including health and wellness, outdoor living and transportation. Best Buy decided to enter the transportation space in 2021 as commuters began returning to offices.

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Beauty and Health Outdoor Accessories Returns 259

Retail TouchPoints

MARCH 16, 2022

Starbucks CEO Kevin Johnson will retire after five years as CEO, effective April 4, 2022. Johnson will continue to serve Starbucks as a special consultant to the company and Board of Directors through September 2022. Schultz will be volunteering his time in the role and will receive $1 in compensation.

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Retail TouchPoints

JUNE 15, 2020

The Children’s Place plans to close 200 stores in 2020 and another 100 stores in 2021, the retailer revealed in announcing its Q1 2020 results. We are planning to have the majority of our stores open by July,” Elfers noted. The Children’s Place began a phased store reopening program on May 19.

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Location Shipping Apparel Returns 149

Retail TouchPoints

OCTOBER 6, 2022

Amazon’s operations employees are paid, on average, approximately $19 per hour based on position and location. The company also is offering a signing bonus of $1,000 to $3,000 at select locations, and has touted the fact that these seasonal roles are often “the start of a long-term career inside or outside the company.”.

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Retail Gazette

APRIL 3, 2024

The private equity-owned retailer revealed it had returned to profitability last month for the first time since its collapse in 2020, as EBITDA hit £1.5m loss in 2022. His plan has worked and its “investment in good cost and reduction in bad cost” is clearly garnering results.

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Returns Payment Services Marketing Consumer 64

365 Retail

JANUARY 6, 2022

Global architecture, planning and design firm CallisonRTKL has released its Forecast 2022 report – looking at the accelerators, disruptors, and constants shaping the built retail environment in the year to come. In 2022, we will see physical retail environments simplify in-person transactions. Tempur-Pedic (New York City).

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Fulfillment Clienteling Location Consumer 90

Retail TouchPoints

AUGUST 31, 2022

27, 2022, has announced a combination of store closures and layoffs designed to reduce its SG&A (selling, general and administrative) expenses by $250 million in fiscal 2022. As of May 28, 2022, the retailer operated a total of 955 stores, including 769 Bed Bath & Beyond locations.

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Retail TouchPoints

FEBRUARY 9, 2023

Canada Goose is planning to more than double its physical footprint from the current 51 locations over the next five years as it pursues revenue of $3 billion by 2028. The expansion will complement plans to expand omnichannel operations with a greater digital presence and increase the brand’s focus on its female and Gen Z shoppers.

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Wholesale Location Planning Returns 147

Independent Retailer

JANUARY 20, 2022

Now, the chaos is gradually giving way to a new order, and as they look to 2022, many businesses are finally hoping for a more orderly and “normal” year. Here are the five key trends that businesses should take seriously as they plan for the coming year: . Customers Care About Return Policies.

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Retail Trends Returns Merchant Services Consumer 84

Retail TouchPoints

JANUARY 27, 2022

The solution is expected to launch in the second half of 2022. The platform uses data and AI to create an omnichannel order management application that integrates with existing enterprise resource planning (ERP) and customer relationship management (CRM) systems.

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Retail TouchPoints

APRIL 27, 2023

A 2022 survey of more than 13,000 consumers worldwide found that 66% had stopped buying from a company because of a mismatch in values. The 2022 survey also found that a company’s environmental practices were a deciding factor for 78% of consumers. Reduce the Impact of Returns Returns are a net negative for everyone.

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Drop-Shipping Returns Shipping Consumer 261

VMS

NOVEMBER 30, 2022

W ITH THE WORLD adjusting to Covid a few years later as less of a threat and more a part of everyday life, retailers sought to return to business as usual. n 2022, inflation drove prices and interest rates higher. Starbucks workers organized at many locations in 2022. location voted in favor of starting a union.

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Retail TouchPoints

MARCH 3, 2023

While the 2022 holiday season was an overall success , the specter of a potential recession was clearly looming over the retail industry in the final months of the year. That pressure can be felt in the Q4 2022 results and fiscal 2023 outlooks released by a multitude of retailers this week. during Q4, but they were up 0.6%

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Retail TouchPoints

MARCH 29, 2023

With digital now accounting for 30% of Kohl’s sales annually, CEO Tom Kingsbury specifically pointed to the marketplace and the connected Kohl’s Media Network as “ two key digital growth initiatives ” for the beleaguered retailer on the company’s Q4 2022 earnings call.

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