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Steve Madden Buys Kurt Geiger for $364.1 Million

Retail TouchPoints

Steve Madden has entered a definitive agreement to purchase UK-based Kurt Geiger footwear and accessories brand for 289 million ($364.1 store last month , with another five in development and plans to eventually operate 50 locations in the region. million ) in cash from a group led by private equity firm Cinven.

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Michaels Expands Party Assortment, Enhances In-Store Event Offerings

Retail TouchPoints

The party supplies assortment enlargement, both in stores and online, will begin in August 2025. The 300+ new balloon options include premade balloon bouquets, including graduation arrangements, along with all the accessories needed to complete a balloon display such as weight stands, ribbon and helium tanks.

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Inventory Accuracy: The Not-so-Secret Ingredient for Holiday Sales Success

Retail TouchPoints

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

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Target Names New COO, Divvies Up Merchandising Responsibilities

Retail TouchPoints

As COO, Fiddelke will oversee Target’s nearly 2,000 stores, its global supply chain network, fulfillment services, network capacity planning, enterprise operations and the teams responsible for building and remodeling Target stores and facilities. He will wear both hats until Target names a new finance chief.

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Nordstrom Issues Supplier Mandate for RFID Tagging

Retail TouchPoints

That includes a large percentage of Nordstrom’s merchandise, such as apparel, accessories, home and gift products, baby gear, shoes and some cosmetics. Products that do not yet require RFID are mostly cosmetics, along with some household products and jewelry.

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Claire’s Expands to Mexico, Debuts Branded Body Care Products

Retail TouchPoints

Claire’s has opened a 1,227-square-foot flagship store in Mexico City’s Plaza Satélite that showcases the jewelry and accessories retailer’s reimagined look and feel, including the updated visual identify for PIERCED by Claire’s. The retailer will operate the store in partnership with retail services company Exalta.

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Get a New Bed Before Bedtime: Mattress Firm Partners with DoorDash for 2-Hour Delivery

Retail TouchPoints

Mattress Firm has partnered with DoorDash to offer on-demand two -hour delivery of mattresses and bedding accessories from its 2,300+ U.S. These deliveries will be eligible for the DashPass membership program, which offers free delivery and reduced fees on eligible orders, as well as real-time tracking through the DoorDash app.