Retail TouchPoints

AUGUST 19, 2021

Toys ‘R’ Us will make its latest attempted return to brick-and-mortar with 400 store-in-store shops at Macy’s locations and online at macys.com/toysrus, slated to roll out in 2022. This isn’t the first store-in-a-store concept for Toys ‘R’ Us: the brand opened pop-ups at Kroger locations during the 2018 holiday season.

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Retail Wire

MAY 23, 2023

Return rates in 2022 were about 14 percent higher than the year and some retailers are taking a carrot-or-stick approach to reduce the amount of unwanted merchandise they have to process. Amazon.com is warning consumers about products with high return rates and offers free returns on items dropped at preferred locations.

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Retail TouchPoints

OCTOBER 12, 2022

stores in August 2022 with the opening of a location at the Gran Plaza Outlets in Calexico, Calif. The retailer reentered China with a physical store at the Jingjiang Impression City shopping center in Taizhou in June 2022. Fast fashion retailer Forever 21 will add 14 new stores to its roster across the U.S. through June 2023.

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Retail TouchPoints

APRIL 25, 2022

It might seem counterintuitive for retailers to focus on returns when they are so focused on trying to convince customers to buy products in the first place (and rightly so). However, return policies actually have a major influence on whether shoppers go through with a transaction — particularly for increasingly popular online purchases.

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Retail TouchPoints

MARCH 10, 2022

Ross Stores is already nearly one-third of the way toward its goal of opening approximately 100 new stores in fiscal 2022. In February and March 2022, the discount retailer opened 22 Ross Dress for Less locations and eight dd’s DISCOUNTS stores in 15 states and Guam. 29, 2022, Ross achieved total sales of $18.9

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Retail Focus

MARCH 9, 2023

Peel L&P has announced that NEXT, the renowned British retailer, will be making its return to Gloucester Quays, the premier outlet and dining destination in the South West. The retail giant is set to open its doors later this spring, following a record-breaking 2022 sales period for Gloucester Quays.

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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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A1 Retail

OCTOBER 20, 2023

We’re thrilled to be returning to the historic market and now vibrant retail hub of Covent Garden. In the 2022 festive period, Lush sold on average one Snow Fairy product every 5 seconds in the UK. subject to availability The post Lush returns to iconic London location appeared first on A1 Retail Magazine.

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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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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. For retailers, 2022 is about playing the long game.

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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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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

MAY 11, 2022

Australians are returning to shopping malls as Covid fears subside with Scentre Group reporting customer visitations up 12 per cent on 2021 levels during the first quarter. Excluding CBD-located centres, mall foot traffic is up by 16 per cent. “We per cent in 2022.”. Pre-leasing progress was in line with expectations. . “In

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Inside Retail

MAY 16, 2023

Target US is making shopping easier for customers with the option to make product returns right from their cars at no extra cost. The new returns service is already available at over 500 stores across the US and is expected to reach all 2000 Target locations in the next few months. she questioned.

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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 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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Retail TouchPoints

SEPTEMBER 25, 2023

While we’ve returned to some sense of normalcy, the VUCA [volatile, uncertain, complex and ambiguous] proposition has become a reality,” said Dr. Thomas Goldsby, Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee. RTP: What impact do returns have on supply chain costs?

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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. “Community, belonging and entertainment will be at the height of retail,” he said. “As

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Retail Gazette

MARCH 14, 2024

Bensons for Beds has returned to profit, despite a challenging economic environment and suppressed consumer sentiment, as it continues to make progress under its transformation strategy. loss in 2022, as sales jumped 7.5% The furniture retailer posted an EBITDA profit of £1.5m in the 53 weeks to 30 September, up from a £15.4m

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Retail Focus

JANUARY 18, 2022

In 2022, retailers will leverage digital technology and data-drive innovations to tackle the continued challenges posed by COVID-19, and deliver exceptional customer experiences online, in-store and everywhere in between. In 2022, retailers will embark on some of their most significant transformations to date.

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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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VMS

NOVEMBER 3, 2021

(PRESS RELEASE) EuroCIS, the leading trade fair for retail technology, will take place from February 15 – 17, 2022 in Halls 9 and 10 at the fairgrounds in Düsseldorf, Germany Leading topics will be customer centricity, analytics, payment, connected retail and seamless store. Exhibitors can still register online at www.eurocis.com/2330.

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Retail TouchPoints

FEBRUARY 6, 2024

billion in 2022, and it’s expected to continue to increase in the coming years. With the Happy Returns partnership, for example, Petco found that 25% to 35% of the customers coming into its stores to make ecommerce returns were brand-new to Petco, so the company now offers Happy Returns customers a voucher for $10 off a $40 purchase at Petco.

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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

MAY 27, 2022

including new payment and checkout options, personalized styling facilitated by smart mirrors and upgraded delivery and return options. COS (which stands for Collection of Style) is owned by H&M and currently operates 13 locations across the U.S. location, with additional locations getting the upgrades later this year.

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Retail TouchPoints

MAY 18, 2022

As consumers return to brick-and-mortar retail, they are demanding greater engagement , a byproduct of their time spent shopping through ecommerce, social platforms and virtual buying appointments during COVID-19 stay-at-home orders. Retail should be fun , it should be a really enjoyable experience. It’s all around product storytelling.

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Retail TouchPoints

JUNE 23, 2022

The 2022 back-to-school (BTS) season could be the most “normal” since the start of the pandemic, with even more demand than the record-setting BTS 2021 season for clothing, classroom supplies and new technology.

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Retail Dive

OCTOBER 12, 2022

A return to brick-and-mortar locations is pushing retailers to be innovative as they juggle customer experience with labor efficiency.

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Retail TouchPoints

JANUARY 29, 2024

While more than half ( 54% ) of retailers responding to the 2023 Omnichannel and Fulfillment Benchmark Report said active physical stores are the final locations for inventory prior to delivery, retailers are increasingly using third-party services to handle the actual mechanics of picking, packing and delivering items to consumers.

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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. in the 53 weeks to 30 September, up from a £15.4m The private equity firm bought back Bensons but not Harveys.

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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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Inside Retail

MARCH 13, 2023

CBRE didn’t provide a breakdown of the number of Australian retailers responding about their 2023 growth plans, but 61 per cent of them indicated they were planning to increase the quality of store locations. 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

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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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A1 Retail

MARCH 9, 2023

Peel L&P has announced that NEXT, the renowned British retailer, is to make its return to Gloucester Quays, the premier outlet and dining destination in the South West. Set to welcome the retail giant later this spring, the news follows a record breaking 2022 sales period for Gloucester Quays.

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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

SEPTEMBER 29, 2023

Toys ‘R’ Us marked its initial return to U.S. brick-and-mortar retailing in late 2021 with a 20,000-square-foot flagship store at New Jersey’s American Dream mall , followed by 452 Toys ‘R’ Us shop-in-shops at Macy’s in 2022.

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