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Ross Stores Plans 100 Openings in 2023 as it Pursues Goal of 3,500+ Stores

Retail TouchPoints

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. The 2023 additions will include 75 Ross and 25 dd’s Discounts locations.

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Netflix and shop: Online store offers limited-edition merchandise

Inside Retail

Netflix will launch an online store to sell limited-edition apparel, lifestyle merchandise and collectibles based on “Stranger Things,” “Lupin” and other popular shows, the streaming giant said on Thursday. ” Shares of Netflix rose 0.4 per cent to $487.72 in afternoon trading on Nasdaq.

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NRF: Shoppers Are Spending for Valentine’s Day and Super Bowl Despite Pandemic Pressures

Retail TouchPoints

Ecommerce shops will be the most popular destination, visited by 41% of shoppers, followed by department stores ( 32% ), discount stores ( 28% ), small businesses ( 18% ) and florists ( 17% ). Candy ( 56% ), greeting cards ( 40% ) and flowers ( 37% ) also will be popular items with many shoppers.

Jewelry 253
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The Top Shopping Mall Trends To Watch Over the Next Decade

Indigo 9 Digital

A mall was the place where you could grab a bite to eat and get your shopping done all within one trip. While malls still serve this function today the advent of online shopping has meant your local mall isn’t the only game in town. The first shopping centre in the United States opened in Edina, Minnesota in 1956.

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How Shein is winning the fast-fashion war by putting consumers in charge

Inside Retail

Shein’s low prices — US$5 t-shirts and US$10 sweaters — also draw shoppers who might have otherwise shopped at clothing discount stores. Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M.

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TK Maxx set to open first WA store

Inside Retail

International ‘off-price’ apparel retailer TK Maxx is set to open its first WA store in Perth’s Ocean Keys Shopping Centre in Clarkson. The flagship store will sell a range of womenswear, menswear, children’s fashion, toys, shoes, accessories and homewares products from big brands at discount prices.

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Best & Less to go public as Australia’s crowded discount sector heats up

Inside Retail

Compared to Kmart and Big W, which have a bigger focus on homewares and general merchandise, Best & Less has a much stronger apparel offer, particularly in the baby and kids’ categories. The Wesfarmers discount store group model — Catch and Target and Kmart together — really is a sizable competitor to compete against,” Mortimer said. .