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Planning to Prevent Workplace Violence in Retail

Retail TouchPoints

A 2022 U.S. Despite these statistics, many retailers still don’t have functional workplace violence plans. If they do have a plan, it’s likely that it hasn’t been recently updated, and many employees may not know it exists. government study found an annual average of 1.3

Planning 279
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Kroger Plans to Cut Prices Following Completion of Albertsons Merger

Retail TouchPoints

Citing its actions following previous corporate mergers, Kroger said it plans to lower prices when its planned merger with Albertsons is finalized. The supermarket giant will invest $500 million to lower prices on “day one” following the transaction’s close, and also plans to invest $1.3

Planning 274
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Starbucks Unveils Evolved ‘Reinvention’ Plan

Retail TouchPoints

The new “Triple Shot” plan builds on the original reinvention strategy introduced by former CEO Howard Schultz at the company’s Investor Day in September 2022. in fiscal 2024, with an ultimate long-term goal of 20,000 U.S. In fact, beverage innovations now account for 85% of beverage sales, the company shared.

Planning 250
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Dollar General Plans 800 New Stores, 1,500 Remodels in FY 2024

Retail TouchPoints

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. The discount retailer reported net sales of $9.7

Planning 252
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Warby Parker Boosts Revenue 12% in 2023, Plans 40 New Stores this Year

Retail TouchPoints

million generated in 2022. Warby Parker, which began life as a pure-play DTC retailer, opened 40 stores in 2023 for a total of 237 and plans to open another 40 stores this year. In only its second full year as a public company, Warby Parker generated net revenue of $71.7 million in 2023, 12% higher than the $669.8

Planning 265
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Despite Challenging 2023, Tractor Supply Plans 90+ Store Openings This Year

Retail TouchPoints

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. Comp store sales in Q4 dipped 4.2% ; for the full year of 2023, Tractor Supply’s net sales increased 2.5% , while comp store sales remained even with the prior year.

Planning 222
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Ace Hardware Adds 100+ New Stores in 2022, Planning 60 More by Year-End

Retail TouchPoints

Ace Hardware is on an expansion tear; the retailer just marked the opening of its 105 t h new store this year and said it expects to add at least 60 more by the end of 2022. The new locations join the more than 5,600 stores already in operation across all 50 states and 70 countries. That’s in addition to the more than 2.5

Planning 220