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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Retail TouchPoints

JUNE 9, 2022

The company plans to use the funds to accelerate its global expansion and production capacity, with the goal of allowing more rapid adoption of sustainability initiatives by apparel companies. Recover is a leading disruptor in the apparel and textiles space with much-needed sustainable solutions grounded in materials science.”

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Apparel Fashion Management Consumer 216

Inside Retail

AUGUST 29, 2023

Mosaic Brands, the Australian apparel retail group, says it will open 40 new large-sized ‘mega stores’ this financial year as it transitions into what it describes as “a more ageless, value-driven, big-box retailer”. The plans were revealed along with the group’s annual result which saw a $33.5 million turnaround from a loss of $16.4

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Planning Apparel Accounting Returns 241

Retail TouchPoints

FEBRUARY 16, 2024

Under the multi-year agreement, IMG will bring to market complementary products that support Claire’s brand purpose of inspiring self-expression and individuality, in categories including apparel , fashion accessories and room décor as well as lifestyle and special occasion products.

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Planning Accessories Apparel Fashion 244

Retail TouchPoints

AUGUST 10, 2022

This is impacting consumer behavior in every industry, including the optical industry. The layoffs will not impact members of Warby Parker’s Lab team or customer-facing retail or customer experience teams. “As

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Consumer Planning Apparel Customer Experience 236

Retail TouchPoints

MAY 27, 2021

The Sustainable Apparel Coalition (SAC) and its technology partner Higg have launched the initial phase of a new transparency program that will publicly share environmental impact data about products, beginning with their materials content. and European ecommerce platforms for a number of items, and plan to add more products throughout 2021.

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Apparel Planning Consumer Shopping 227

Retail TouchPoints

AUGUST 11, 2020

In the apparel vertical, the stakes involved in making accurate product forecasts have always been high. Needless to say, the disruptions stemming from COVID-19 have made apparel forecasting that much harder. Needless to say, the disruptions stemming from COVID-19 have made apparel forecasting that much harder.

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Apparel Planning Promotions Consumer 269

Retail TouchPoints

SEPTEMBER 8, 2023

Fashion apparel retailer Express, Inc. With more than 20 years of experience in the consumer products industry and “a proven record of operating excellence, financial discipline and building high-performance teams,” Glendinning will officially join the Express leadership team and board of directors on Sept.

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Consumer Apparel Accounting Finance 192

Retail TouchPoints

MAY 16, 2024

In his first earnings season as Executive Chairman, Marcus Lemonis shared detailed plans for the future of Beyond Inc. To expedite the reemergence of Overstock, the brand’s app was re-launched earlier this month with a campaign to drive downloads planned for the next 30 days, according to Nielson. Photos courtesy Beyond, Inc.)

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Planning Returns Apparel Fashion 227

Retail TouchPoints

MARCH 7, 2023

As part of the retailer’s plans to open 100 locations in 2023, Ross Stores opened 11 Ross Dress for Less and eight dd’s Discounts stores in 13 states during February and March. As a result, we believe it is prudent to remain conservative when planning our business.”

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Planning Apparel Discount Store Department Stores 247

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. ” The tool could help Men’s Wearhouse compete with David’s Bridal ’s own planning platform, Pearl by David’s.

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Planning Apparel Shopping Marketing 241

Inside Retail

JULY 13, 2023

What we’ve seen since this handover is a period of exponential growth across our direct-to-consumer (DTC) channels, as well as with our wholesale distribution. It’s an opportunity to echo our brand voice, really connect with Reebok consumers, and highlight the best of our product range across all our categories.

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Planning Wholesale Shipping Location 246

Retail TouchPoints

OCTOBER 4, 2023

In response to evolving consumer behavior, many retailers are pivoting from malls and large-format stores in city centers to neighborhood locations that aim to serve the work-from-home population. Not surprisingly, many have found the data points to residential enclaves in and around cities where consumers live.

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Retail TouchPoints

MARCH 8, 2021

These new locations are part of the company’s plans to add approximately 60 new stores — 40 Ross and 20 dd’s DISCOUNTS locations — during fiscal 2021, which runs through January 2022. . The off-price apparel and home fashion retailer reported $12.5 billion in revenue for fiscal 2020. ” . ”

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Location Planning Discount Store Apparel 242

Retail TouchPoints

JANUARY 26, 2021

In 2020, more than any year since the advent of online and mobile commerce, consumers lost a sense of control. Culled from this agile, iterative survey data, here are six things we learned consumers want from retailers heading into 2021: 1. One in four consumers are shopping more with small brands. on average.

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Consumer Drop-Shipping Shipping Returns 311

Retail TouchPoints

OCTOBER 5, 2021

Rent the Runway — which allows users to rent, subscribe and buy designer apparel and accessories — plans to list on the NASDAQ under the ticker “RENT.”. Rent the Runway experienced steep drops in its subscriber base as consumers opted not to refresh their wardrobes. “We million from $256.9 million in 2019.

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Planning Accessories Apparel Fashion 258

Retail TouchPoints

AUGUST 17, 2023

The latest Consumer Price Index (CPI) data highlights a significant deceleration in inflation, now standing at half of last year’s peak. This moderating trend in inflation is an encouraging development, but it is not without its caveats, particularly within the dynamic and complex terrain of the retail and consumer goods industries.

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Consumer Payment Services Supply Chain Management Store Layout 212

Retail TouchPoints

MARCH 14, 2024

And despite having trouble selling tenants on the idea of a multi-story mall, which was considered a crazy idea at the time, the company moved forward with its planned addition of a second level in the 1970s. The result has been the creation of new enclaves of wealthy consumers in cities across the U.S.,

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Shopping Consumer Drop-Shipping Shipping 273

Retail TouchPoints

MARCH 23, 2022

Nike is pushing forward with its digitally focused direct-to-consumer strategy following a strong Q3, with plans to build “the marketplace of the future” and bring standalone Jordan stores to North America. To that end, Nike plans to begin testing a new Jordan-only store concept in North America in 2023.

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Planning Wholesale Sporting Goods Accounting 253

Retail TouchPoints

APRIL 16, 2024

“While recommerce in fashion receives the lion’s share of national attention, recent studies show that 77% of recommerce actually happens in categories outside of apparel, such as sporting goods,” said Brendan Candon, CEO of SidelineSwap in a statement. “We

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Sporting Goods Planning Outdoor Apparel 147

Inside Retail

MARCH 14, 2024

Sustainable, direct-to-consumer fashion brand Allbirds promised to revolutionise the retail industry with stylish, comfortable, and environmentally-conscious footwear designs. This week, the company has announced that it will be making several major structural and operational shifts. million in 2022, or 56 per cent of total revenue.

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Planning Wholesale Consumer Apparel 130

Retail TouchPoints

FEBRUARY 21, 2022

With the start of another year in the new normal, retailers are still questioning how to best engage with consumers in the post-pandemic world. In the past two years, consumers’ expectations and preferences have vastly changed. If one thing has become clear during the last two years, it’s that consumers value options for convenience.

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Consumer Merchant Services Grocer Apparel 260

Retail TouchPoints

APRIL 11, 2022

The company — which operates 650 locations under the DSW Designer Shoe Warehouse and The Shoe Company banners —announced plans to nearly double sales of its owned brands, from 19% of the business to one-third by fiscal 2026 (the fiscal year ending January 30, 2027).

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Planning Sporting Goods Accessories Apparel 281

Retail TouchPoints

MAY 9, 2024

The partnership is launching this quarter with select advertisers across CPG, consumer electronics, telco, auto, apparel, beauty and OTC pharmaceuticals, and will continue to scale to additional eligible advertisers over the next couple of months.

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Advertising Apparel Marketing Planning 275

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.,

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Planning Marketing Net Profit Finance 222

Inside Retail

MAY 30, 2022

All eyes are on Canadian athletic apparel brand Lululemon, after it was fined for selling poor quality down-feather vests in China. Riding on China’s new-found obsession with health after the pandemic, Lululemon built a new cult following among Chinese consumers. China is projected to outpace this growth, and is forecast to hit $202.2

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Apparel Accessories Boutique Marketing 130

Retail TouchPoints

OCTOBER 15, 2021

Brands and retailers are feeling mounting pressure — from consumers, shareholders and even their boards — to be more inclusive. More and more, that means rethinking product development and expanding their sizing and assortment planning to represent a wider range of sizes and body shapes. billion in the U.S.

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Consumer Merchant Services Markdowns Fulfillment 289

Retail TouchPoints

MARCH 4, 2021

Disney has announced plans to significantly reduce its brick-and-mortar footprint, beginning with the closure of at least 60 Disney Stores across North America as the retailer bolsters its ecommerce operation. The company currently operates approximately 300 Disney Stores worldwide; Disney has not yet shared which locations will be impacted.

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Planning ATS Apparel Consumer 232

Retail TouchPoints

DECEMBER 18, 2023

Now the site, which gets its revenue from ad sales, is preparing to become a retailer, potentially selling animal-themed apparel or souvenirs. Even then, the plans are to devote a portion of the profits to the NGOs it supports.

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Consumer Apparel Planning Promotions 197

Retail TouchPoints

SEPTEMBER 17, 2022

The Consumer Financial Protection Bureau (CFPB) is planning to start regulating buy now, pay later (BNPL) products. Apparel and beauty companies accounted for 80.1% Buy Now, Pay Later is a rapidly growing type of loan that serves as a close substitute for credit cards,” said Rohit Chopra, Director of the CFPB in a statement.

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Consumer Payment Services Apparel Accounting 211

Retail TouchPoints

APRIL 26, 2021

The new Justice website has launched with an assortment of apparel and accessory products, and the company said it plans to grow its offerings in advance of back-to-school season. ”

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Planning Accessories Apparel Brand Management 240

Inside Retail

AUGUST 13, 2023

Our Barehands, a purpose-driven enterprise, recently set up shop in Funan Mall in Singapore, showcasing a range of apparel and accessories made by underserved communities, including Afghan refugees. She describes the apparel that Barehands offers as versatile and elevated basics that can be worn in various settings.

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Consumer Accessories Apparel Boutique 130

Retail TouchPoints

APRIL 8, 2021

Recently, however, something new has begun to drive massive growth in the used goods sector — consumers who are shopping based on their values , in addition to searching for value. It is this facet of the modern economy that consumers have begun to reject. The Fastest-Growing Channel in Retail’. “ The Cool Factor.

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Consumer Fashion Apparel Returns 345

Retail TouchPoints

JULY 29, 2021

Dollar General is currently in expansion mode with plans for opening 1,050 new stores, remodeling 1,750 existing locations and relocating 100 stores in 2021. Five Below plans to double the number of Five Beyond store-in-a-store concepts to 280 in 2021, bringing the higher-priced mini-stores to 30% of all its locations.

Consumer 304

Consumer Apparel Location Planning 304

Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce. This is causing many Americans to stress this holiday season.”.

Consumer 259

Consumer Merchant Services Payment Services Drop-Shipping 259

Inside Retail

AUGUST 22, 2022

It’s a relatively new entrant to the market, compared to other brands such as Nike and Puma, but it’s got plans to fast-track its presence in the region. The brand currently has 74 stores in the country, and there are plans to expand the network further. “In The Asics factor. A bright future.

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Planning Marketing Sporting Goods Apparel 130

Retail TouchPoints

FEBRUARY 15, 2024

The sports apparel and performance shoe retailer’s first international store was in Japan; its 100th launched in NYC’s Times Square and its 3,000th debuted in China. With an additional 140 to 160 company-owned stores planned this year and hundreds of stores opening annually with our partners, we are on the road to 10,000 Skechers stores.”

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Apparel Location Planning Consumer 280