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“We’re excited to expand our Amazon partnership to our FoodMaxx banner, allowing shoppers to gain access to exceptional quality fresh and local produce, meat and seafood, all at low prices shoppers need now more than ever,” said Tamara Pattison, Chief Digital Officer at The Save Mart Companies in a statement. “We
The Container Store has emerged from Chapter 11 bankruptcy protection as a private company owned by its supportive lenders, according to a site the retailer has created. The move is part of a reorganization plan that was approved by the U.S. Bankruptcy Court on Jan.
According to the latest Walk the Strip report from Fitzroys, there has also been a notable increase in food and beverage, service retail, and specialtyretail across these local shopping precincts. The 2022 report saw Melbourne’s strips bounce back after Covid-19, and they have been sitting at below average vacancy-rates since.
The worlds largest retail real estate owner and operator, Simon Property, reported results for the first quarter on May 12. And tariffs were, if not at the very top of investors minds, certainly close to it. Real estate funds from operations (FFO) were virtually flat for the quarter at $1.11 million, and up 2.1
After analyzing 220 North American specialtyretailers, data from the 2025 Unified Commerce Benchmark for SpecialtyRetail – developed by Manhattan Associates in partnership with Google Cloud and Incisiv – confirms that only 4% of retailers were offering a high-performing checkout experience.
Specialtyretailer Kirkland’s plans to change its name to The Brand House Collective and has outlined plans for a “decisive transformation” as the company deepens its partnership with Beyond, Inc. The company’s rebranding will not be final until the new name is approved by stockholders at the upcoming annual meeting on July 24, 2025.
For an all too brief period, the Alceon investment house achieved its ambition to be the largest womens fashion specialtyretailer in Australia. The only problem was the nine retail brands trading from around 1350 stores were a house of cards with a flawed investment play without retail smarts. million in 2006 to a $7.8
While specialtyretail prospers, the grand old dames of Japan retail are looking vulnerable again. So it is, too, with Japan’s department stores, particularly at the high end, which are trying to scale last year’s dizzy heights when the yen was weak and tourism was rebooting. At supermarkets, sales grew by 5.4
At launch, our community responded incredibly well, inspiring me to expand on what we call our “New Way to Updo” formula — combining 100 per cent silk and inclusive sizing. With the need for inventory to sell to retailers, it can be tough accessing that capital. MH: Retail is changing.
The specialtyretailer disclosed those departures at the same time as it put out a separate release on its first quarter earnings, which showed a drop in revenues and a widening net operating loss. Vera Bradley (Fort Wayne, Ind.) announced that its CEO and CFO are leaving. Overall, the enterprise has 1200 stores in the U.S.,
Two years ago, Smith and the team at Zero Co embarked on a research project and eventually a relaunch that would scale the brand to reach its goal at a more urgent rate. It looked at every sustainable material from seaweed to algae and sugarcane to molded fibre.
BBRC International, the private investment firm of Australian billionaire Brett Blundy, has voiced its concern about several performance issues at Victoria’s Secret in a letter sent to the latter’s board ahead of the quarterly earnings conference call. BBRC, which holds a 12.9 BBRC stressed that Victoria’s Secret stock has been down 64.1
Comcash Comcash stands out as a mobile inventory management solution designed particularly for specialtyretailers, allowing you to track inventory in real-time across multiple locations. E-commerce integration : Unify online and in-store sales channels for a thorough retail solution.
This pattern exists across all retail channels, including the most beloved specialtyretailers. This represents a significant opportunity for retailers willing to fundamentally rethink their approach to physical spaces.
Central Retail is arguably the most powerful retail conglomerate in Southeast Asia, so its results are an excellent bellwether for the retail environment in the region. stores in Vietnam, compared to the number at the end of last year. Total revenues came in at 12.2 hypermarkets and three more Mini Go!
You can optimize your space by placing high-demand items at the end of aisles, encouraging customers to traverse through the store and discover more products. This design showcases unique collections and fosters customer interaction, making it effective for specialtyretailers. How can store layout enhance customer flow?
If ambient lighting is 50 foot-candles (fc), for example, signs should be lit at 100, or even 150, fc. Script is difficult to read at distances beyond two-and-a-half feet, and it can feel archaic. Demonstrating brand personality is a great idea, but it shouldn’t come at the cost of shopper comprehension. Use color strategically.
Key Takeaways Essential Business Types: Small towns benefit from key businesses such as grocery stores, cafés, health and wellness centers, and specialtyretail shops that cater to local needs and foster community engagement. Local Restaurant or Diner A restaurant creates a space for social gatherings and regional cuisine.
Rents still heading up but sales productivity is treading water Sales productivity is still marooned: at Simons domestic malls and premium outlets, specialtyretailer sales per square metre were $7951 in 2024, down from $8016 per square metre in 2023. per cent at the end of the year. It also delivered 16 redevelopments.
Smart Retail Pricing Strategies to Stay Profitable During Inflation Here are five effective retail pricing strategies to tackle inflation in 2025: 1. This is crucial in Jewelry and Luxury SpecialtyRetail, where brand and experience influence pricing more than materials alone.
Overstock leads to: Higher storage costs Product obsolescence or spoilage More frequent discounts Reduced cash flow for new inventory As a result, this impacts specialtyretailers and wholesalers alike, especially in fashion and seasonal categories where trends shift fast. However, in reality, it’s a silent drain.
Why retail brands lose themselves Most of the brands I get called in to help didnt set out to be average, and in most cases, are far from it. But over time, market pressure in different shapes and forms chips away at conviction, dilutes the clarity and often changes what they started out wanting to be or do. They are emotional ones.
China-based specialtyretailer Pop Mart is built around this fervor, selling collectible designer toys primarily in a blind-box format, meaning people dont know exactly which toy in a series they are getting when they buy it. at American Dream mall. Our success globally has proved the power of the model, and our rapid U.S.
Offer Exceptional Customer Service Excellent service doesn’t stop at the register. Tip: Use your POS system to sync inventory across all channels and personalize promotions based on customer buying history. Make returns easy, respond promptly to customer questions, and reward loyalty. can go a long way.
retail sales growth. At the same time, specialtyretailers like Party City and Joann faced challenges. How can retailers survive the current shift and optimize their physical stores to better connect with customers? Macys is another lifestyle brand setting a great example in experiential retail.
We’ve also faced challenges in scaling production while keeping our values at the core. IR : Which retailers would Slick Chicks like to partner up with next? HM: We’d love to land in more mass and specialtyretail and even more direct-to-consumer-focused platforms. I’ve had to educate a lot of people along the way.
The tariff situation continues to loom large in everyone’s minds, and on that front, not a lot has changed since the last earnings release at the end of the first quarter. It’s a shifting target, up again, down again, and retailers importing into the US are battling with it day by day. per cent to US$556.1
For under $100USD Walmart shoppers could purchase a handbag that bore an uncoincidental resemblance to the storied Herms Birkin bag which, if it were the genuine article, would carry a price tag of at least $10,000USD assuming, that is, that you had the money and the requisite Herms purchase history to lay your hands on one. manufacturers.
Brands like Aritzia, Shein and Temu have become social media specialists at the heart of the customer experience and product development. Indeed, Shein and Temu are marketplace disruptors, offering a DTC experience online at unparalleled value. In the US alone, TikTok shop garnered 1.1
A short loss of connectivity may be manageable at head office with updates simply being sent once the network is back. iVend recognises this and our retail management software uses what is called a hybrid cloud approach, which is the perfect solution for retail 1. Lose the network and you lose access to your software.
You can unsubscribe at anytime. Dive Brief: Luluemon is laying off about 150 corporate employees at its store support centers, a company spokesperson confirmed by email. The specialtyretailer has some 39,000 employees globally , according to its 2024 annual report, filed in March. You can unsubscribe at anytime.
Retailers’ overseas expansions bear an uncanny resemblance to the great human migrations since prehistoric times: In the latter case, populations have migrated in waves whenever resources were dwindling at their origin and growth beckoned elsewhere. Retailers migrate overseas for similar reasons. What is the secret sauce?
Nedap (AMS:NEDAP), the global leader in RFID solutions, is pleased to announce a new partnership with Tillys, a leading specialtyretailer of casual apparel, footwear, and accessories. Tillys has always been at the forefront of innovation in digital retail, and their dedication to enhancing the shopping experience is evident.
Jason [2:28]It is and my assumption was that that LM was trained on Scot Wingo data and behaviors because I actually think I learned the how to get the desirable consumer electronics from the less popular retail channels trick from you. Jason [1:19]I’m in I’m in as much Scott as I can get I I take.
Earthletica Co-founded by competitive swimmer and Olympic gold medallist Bronte Campbell in 2020, Earthletica is an activewear brand that places sustainability at the forefront of every step of its production process. We always talk about raising the bar for quality, innovation and sustainability, Campbell told Inside Retail.
New entrants are gaining market share, and cross-shopping behaviour among consumers is at an all-time high, ensuring strong competition within the industry. For example, Amazon has substantially grown and has introduced more than 6000 product lines that overlap with our offering, significantly increasing competition from a new source.
When filling new positions, look out for employees with previous experience at stores and brands that use experiential retail, like Nike, Farfetch and Glossier, and ask the right questions: How do you see us bridging the gap between online and offline grocery shopping? What experiences are you looking for at the grocery store?
Munro Footwear Group has bought specialtyretailer The Trybe from The Accent Group, marking its 10th acquisition in 10 years. The Trybe has 16 stores and offers kids’ shoes from global brands such as Nike and Asics, as well as other popular on-trend and utility brands.
JFK Millennium Partners (JMP) will work with Avolta company retailers Dufry and Hudson to operate duty-free, travel and specialtyretail stores in more than 28,000 square feet of space in the new state-of-the-art Terminal 6 at JFK Airport, scheduled to open in early 2026.
a month, Prime members will now have access to unlimited grocery delivery on orders over $35 from Amazon Fresh , Whole Foods Market and a variety of local grocery and specialtyretailers, as well as number of other delivery and fulfilment options. per month.
Retail Group. The iconic brand also will expand to cruise ship and airport venues, with its first airport store scheduled to debut at Dallas/Fort Worth International Airport in November 2023 via a partnership with Duty Free Americas. WHP Global will roll out flagship-style Toys ‘R’ Us stores throughout the U.S.
Nike has reportedly closed its accounts with DSW , Urban Outfitters , Shoe Show , Dunham’s Sports , Olympia Sports and Big 5 Sporting Goods as the retailer pulls out of specialtyretailers and department stores, according to Forbes and other media outlets. These aren’t the first retailers to lose Nike as a supplier.
New additions and promotions at Beyond include: Guncha Mehta joins as Chief Digital and Information Officer. Prior to that she was at the legacy Bed Bath & Beyond company and also held merchant leadership roles at JCPenney and Dollar Tree. having spearheaded development of the IR program at Overstock in 2020.
“We are excited to work with Best Buy to bring independent, third-party measurement to Best Buy Ads and to Best Buy ad campaigns across the open web,” said Mark Zagorski, CEO at DoubleVerify in a statement. Retail media networks are a lucrative business — Walmart reported revenue of $2.1
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