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Genesco to Close 100+ Journeys Stores as it Focuses on Off-Mall Locations

Retail TouchPoints

This was attributed to increased markdowns at Journeys offsetting an otherwise normalized promotional environment, which led to improved margins at the other businesses. Inventories increased 17% year-over-year at these banners, but the increase was attributed to fueling rapid growth. Genesco’s gross margin was 47.3% in Q1 2023.

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It Pays to Try Your Luck at Digital Branding as a Cash Business

Retail TouchPoints

Despite the inability of marketers to directly attribute digital ads to sales in these markets, it’s still a targeted way to engage with consumers to stay top of mind when they do have cash on hand. adults purchases a lottery ticket at least once annually — and one in eight buys one at least once a week.

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Disney Plans to Close At Least 60 Stores as it Emphasizes Ecommerce

Retail TouchPoints

At the same time, the company said it was planning to add an assortment of “new and elevated” merchandise from its full range of brands, including adult apparel collections and artist collaborations, trend-forward streetwear, premium home products and collectibles. Revenue declined 22% in calendar Q4, to $16.25 billion from $20.88

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Dollar Stores Represent Half of New U.S. Stores

VMS

Analysts have attributed the increase in off-price retailers as a sign that the American middle class continues to shrink in size. adults living in middle-income households has decreased from 61 percent in 1971 to 51 percent in 2019. In fact, Pew Research Center has found that the share of U.S.

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How Kmart, The Party People are cashing in on Halloween

Inside Retail

Salakas attributes this growth to a desire by consumers to go out, socialise and celebrate the festivities. Parents, adults and teens getting into the spooky season. “Covid-19 mucked up the waters a bit, but we are smashing last year,” Salakas told Inside Retail. “ Anything related to events is booming at the moment,” he said.

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5 Ways Retailtainment is Reshaping OOH Advertising

Retail TouchPoints

adults have noticed an OOH ad within a one-month period and 78% of these consumers took some sort of action after, according to research from Morning Consult and the Out of Home Advertising Association of America (OAAA). Out-of-home (OOH) advertising has played an integral role in the media mix for decades due to its influence and impact.

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DS Smith removes over 313m pieces of problem plastic in two years

A1 Retail

“All 700 of our designers have been trained in our Circular Design Principles, which means we can design out problem plastics at inception stage and find alternative fibre-based solutions which deliver the required attributes.”. Consumer research: 2,000 UK adults who have shopped online in the past six months.