Retail TouchPoints

DECEMBER 8, 2023

Dollar General is planning approximately 2,385 real estate projects for fiscal year 2024, including about 800 new store openings (including approximately 30 pOpshelf openings and 15 new stores in Mexico ), along with 1,500 store renovations and 85 store relocations. Vasos called the slowdown “prudent in this environment.”

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Planning Apparel Location Consumer 250

Retail TouchPoints

MAY 18, 2023

SHEIN has officially launched its Europe, Middle East and Africa (EMEA) headquarters in Dublin City Centre, Ireland and is planning to host approximately 30 pop-up store events across the region this year to boost its profile with customers. The news comes as fellow Asia-based discount shopping app Temu picks up steam in the U.S.,

Planning 230

Planning Marketing Net Profit Finance 230

Retail TouchPoints

FEBRUARY 26, 2024

After opening a net 23 new stores in 2023 for a total of over 400 locations, Sprouts Farmers Market plans to open 35 new locations this year, all in its new smaller-store format. Sprouts executives revealed the retailer’s growth plans while discussing its strong Q4 and FY 2023 results. Comp store sales also grew by 3.4%.

Planning 222

Planning Supermarket Location Marketing 222

Retail TouchPoints

APRIL 20, 2022

Batteries Plus has hired Derek Detenber as its new Chief Marketing and Merchandising Officer. In the role of CMMO, Detenber will lead teams across omnichannel marketing, design, category and merchandising to tell the Batteries Plus story. .

Marketing 304

Marketing Planning Brand Management Management 304

Retail TouchPoints

MARCH 14, 2024

million , in 2023 compared to 2022. Additionally, the brand plans to continue evaluating a transition in its international go-to-market strategy — moving to a distributor model in certain markets to grow them in a “cost- and capital-efficient manner,” according to a company statement. million this year, up from a $101.4

Planning 256

Planning Marketing Consumer Merchandise Store 256

Retail TouchPoints

JANUARY 12, 2023

Mattress Firm has withdrawn its plans for an IPO this year, according to documents filed with the SEC. The move has prompted some analysts to surmise that Mattress Firm might instead now be open to an acquisition, with Tempur-Sealy International seen as a prime buyer, according to Wedbush Securities.

Marketing 282

Marketing Accounting Planning Returns 282

Inside Retail

SEPTEMBER 13, 2023

The figure is a 12 per cent rise on the contribution in June 2022. The chain was listed by GapMaps as one of the fastest-growing QSR brands by store numbers this year Another 30 outlets, including drive-throughs, are in the plans for the Australian market. In the new US market GYG reported $6 million in network sales.

Planning 278

Planning Accounting Returns Marketing 278

Retail TouchPoints

OCTOBER 20, 2022

Purple Innovation , the digitally native mattress brand, has hired Keira Krausz as its Chief Marketing Officer following the departure of Patrice Varni, who joined the company in June 2021 as Chief Marketing and Digital Officer. From 2013 to 2019, Krausz worked with Nutrisystem as the company’s EVP and Chief Marketing Officer.

Marketing 223

Marketing Management Planning ATS 223

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.

Payment Services 222

Payment Services Shopping Planning Fulfillment 222

Retail TouchPoints

OCTOBER 12, 2022

stores in August 2022 with the opening of a location at the Gran Plaza Outlets in Calexico, Calif. In addition to this Southern California store, the retailer has new shops planned for Illinois, Rhode Island, Nevada, Iowa, Pennsylvania, Virginia, Massachusetts, Georgia, Florida and Puerto Rico. through June 2023.

Location 299

Location Planning Fast Fashion Shopping 299

Inside Retail

FEBRUARY 22, 2022

Family-owned Harris Farm Markets has always been about providing premium quality food to Australians who want the best-of-both-worlds experience of a fruit and vegetable market offering in-season produce and their local providore’s fine array of meat, cheese, and accompaniments. An old market trend is back on top.

Planning 130

Planning Supermarket Marketing Location 130

Retail TouchPoints

FEBRUARY 2, 2024

net sales decline in Q4 2023, Tractor Supply still plans to open up to 95 brick-and-mortar stores in 2024, as well as complete its 10th distribution center. The retailer plans to open approximately 80 Tractor Supply stores and 10 to 15 stores under its small-box pet supply banner, Petsense by Tractor Supply.

Planning 220

Planning Location Store Operations Fulfillment 220

Retail TouchPoints

MARCH 7, 2024

next month, with an additional three stores planned for later in 2024. In addition, we converted select Asian markets to a licensing model. The retailer became an official NBA league marketing partner in the U.S. billion in 2022 sales. Foot Locker will launch its first “store of the future” in Willowbrook, N.J.

Planning 162

Planning Location Marketing Visual Merchandising 162

Retail TouchPoints

OCTOBER 31, 2022

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. .”

Location 254

Location Planning Fulfillment Marketing 254

Retail TouchPoints

APRIL 18, 2022

Fast Retailing , parent company of brands including UNIQLO and Theory , revealed major global expansion plans — including opening at least 300 new stores — in its FY2023, which ends in July 2023. We are set to open our new UNIQLO Regent Street Store in London in April 2022. YoY and operating profit rose by 49.7%

Planning 293

Planning Location Marketing Shopping 293

Retail TouchPoints

DECEMBER 14, 2020

Lululemon plans to launch a footwear line in early 2022 as the retailer builds off its current sales momentum. “Our third quarter results demonstrate the strength of lululemon across channels and markets, both in North America and around the world,” said McDonald in a statement. This brought DTC to 42.8%

Planning 162

Planning Marketing 162

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.

Drop-Shipping 282

Drop-Shipping Fulfillment Consumer Shipping 282

Retail TouchPoints

MAY 16, 2022

Third-party marketplaces have emerged as one of the biggest growth opportunities for retailers this year, with companies from Macy’s and Bed Bath & Beyond to Giant Food and Michaels launching marketplaces (or announcing plans to do so) in the last six months alone.

Planning 300

Planning ATS Grocer Beauty and Health 300

Retail TouchPoints

JANUARY 18, 2024

Digital Brands Group (DBG) — the parent company of a collection of digital-first lifestyle brands including Bailey 44 , Harper & Jones and Sundry — will open its first physical store in March 2024 and plans to have 50 locations within the next several years. million in annual revenue and annual cash flow of over $500,000 a year.

Planning 225

Planning Customer Retention Wholesale Location 225

Retail TouchPoints

SEPTEMBER 11, 2023

Rent the Runway has lowered its revenue expectations for 2023, now saying it plans to at least match 2022 revenues of $296.4 This number is approximately 9% to 10% lower than original projections, which forecast 2023 revenue in the range of $320 million to $330 million.

Planning 243

Planning Promotions Marketing Spend Marketing 243

Retail TouchPoints

FEBRUARY 15, 2022

So what changes should we expect to see in 2022? Outfits like GoPuff, Gorillas and 1520 took the grocery market by storm in 2021, offering a limited menu of consumables, delivered to your door in an incredible 30 minutes or less (and commanding multi-billion dollar valuations in the process.) Here’s my take: 1.

Grocer 312

Grocer Payment Services Checkout Value Offer 312

Retail TouchPoints

MARCH 24, 2023

some time in 2023, but executives didn’t provide a more specific time frame or the markets it’s planning to enter. “We billion in Q4 2022, which ended Jan. total addressable market that is over $130 billion , which has grown consistently through the ups and downs of economic cycles,” he noted. 29, 2023, a 13.4%

Planning 249

Planning Marketing Management Fulfillment 249

Retail TouchPoints

APRIL 17, 2023

Wedding Wingman was piloted in select markets in September 2022 in response to customer feedback and insights indicating that nearly half of all grooms find the wedding planning process too difficult or time-consuming.

Planning 249

Planning Apparel Shopping Marketing 249

Retail TouchPoints

OCTOBER 27, 2021

IKEA will expand options for urban customers on the West Coast with two planning studios in the Los Angeles area set to open in spring 2022: one in Long Beach and a second in a yet-to-be-determined location. Shoppers will be able to book appointments with design specialists to help with both planning and ordering home furnishings.

Planning 270

Planning Home Furnishings Marketing Location 270

Retail TouchPoints

JANUARY 19, 2023

Starbucks and DoorDash have expanded their delivery partnership to Northern California, Texas, Georgia, Florida and other select markets, with plans for availability in all 50 states by March 2023. as well as market expansions in Seattle, Portland and New York City in 2022.

Planning 268

Planning Location Marketing Customer Experience 268

Retail TouchPoints

MARCH 23, 2022

Petco Health and Wellness Company unveiled a long-term financial framework outlining how the business will grow within the $119 billion pet goods industry for its 2022 Investor Day, held March 23. The pet retailer also reaffirmed its 2022 fiscal year guidance of net revenue ranging from $6.15 billion to $6.25

Planning 225

Planning Fulfillment Shopping Location 225

Retail TouchPoints

MAY 1, 2023

Uniqlo reportedly plans to expand its North American footprint by 10% by opening 20 to 30 stores annually to reach 200 locations by 2027, Daisuke Tsukagoshi, CEO of Uniqlo North America told Reuters. market, although the company is a major force in the rest of the world with more than 2,300 stores globally. The first four U.S.

Planning 256

Planning Fast Fashion Kiosk Checkout 256

Cisco Retail

APRIL 15, 2022

Research shows that the global digital transformation market was valued at $374.8 Cisco Marketing Velocity Digital 2022. Marketing Velocity Digital is designed to help you on this journey. This year’s two-hour, virtual event will offer a unique experience to connect , inspire , educate and plan. billion by 2028.

Marketing 105

Marketing ATS Customer Experience Planning 105

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.

Merchant Services 247

Merchant Services Payment Services Promotions Location 247

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. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards.

Planning 264

Planning Drop-Shipping Customer Experience Wholesale 264

Inside Retail

JULY 18, 2023

The rebranding is part of a $370 million, three-year transformation plan for the company which will see older stores revamped and an upgraded customer loyalty program. The post Woolworths plans $370 million rebrand, upgrade of its NZ store network appeared first on Inside Retail.

Planning 246

Planning Supermarket Department Stores Wholesale 246

Inside Retail

MARCH 14, 2024

Two-and-a-half years post-initial public offering (IPO), the company’s market capitalisation had diminished to about US$116 million in after-hours trading on March 12, and it had less than US$130 million in cash on its balance sheet. million in 2022, or 56 per cent of total revenue. On the same day, the company reported a 14.5

Planning 130

Planning Wholesale Consumer Apparel 130

Retail TouchPoints

SEPTEMBER 23, 2022

has hired James Reath, former SVP of Marketing at Bed Bath & Beyond , as its new Chief Marketing Officer. Reath will manage overall marketing strategy, brand, consumer, creative, media, CRM and digital commerce for the company, which operates the DXL Big + Tall and Casual Male XL brands. Destination XL Group, Inc.

Marketing 228

Marketing Planning Management Consumer 228

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 28, 2023. “Our

Location 241

Location Planning Discount Store Returns 241

Inside Retail

FEBRUARY 21, 2023

Following its store launch in Sydney earlier this year, Hong Kong-based tech accessories brand Casetify is planning to expand across Australia, as part of a larger goal of reaching 100 stores globally by 2025. The Sydney store followed the launch of its first permanent US store and four new stores across South Korea in 2022.

Planning 246

Planning Accessories Location Consumer 246

Retail TouchPoints

NOVEMBER 11, 2022

Former NBA Chief Marketing Officer Kate Jhaveri has been named Global Head of Marketing at TikTok. Jhaveri will work closely with Sofia Hernandez, TikTok’s Head of Global Business Marketing, who focuses primarily on business and advertising solutions, according to a company spokesperson.

Marketing 227

Marketing Advertising Customer Experience Planning 227

Inside Retail

JANUARY 31, 2024

Parade was founded by Columbia University dropout Cami Téllez in 2019, with a purpose to disrupt the market and champion inclusivity, body positivity and sustainable manufacturing. It was valued at US$200 million in 2022.

Marketing 259

Marketing Apparel Fashion Consumer 259