Retail TouchPoints

DECEMBER 13, 2023

Brands and retailers realize there is no one-size-fits-all strategy for stores — and design teams are rising to the challenge by thinking more creatively and thoughtfully about how they can innovate through new formats, technologies and collaboration methods. You can add to the stickiness of a brand, but also empower others to do good.

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Retail TouchPoints

FEBRUARY 21, 2023

Retailers that understand the customer journey and adopt innovative strategies are looking at ways to turn their brick-and-mortar stores into experience centers. There have been retailers opening more stores than those closing after the pandemic. 5G provides an alternate method to keep the store connected at all times.

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Retail TouchPoints

AUGUST 23, 2023

While shrink is far from a new problem in retail, the impact of theft — particularly large-scale operations run by organized retail crime (ORC) rings — has been garnering the attention of executives at some of the country’s largest retailers, including Lowe’s , Target and Dick’s Sporting Goods.

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Retail TouchPoints

OCTOBER 6, 2022

Peloton also entered a partnership with DICK’S Sporting Goods in late September. The deal has brought Bike, Bike+, Tread and Guide products, as well as select accessories, to more than 100 DICK’S stores and online at DICKS.com.

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Retail TouchPoints

MAY 9, 2024

Retail Crime Conversations Intensify The charges come at a time when theft and retail crimes are top of mind for many in the industry, although questions remain about their sources and overall impact. In December 2023 the NRF updated a report that had attributed “nearly half” of 2021’s $94.5

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Retail Focus

JULY 16, 2021

The National Basketball Association (NBA) and Fanatics, today announced the opening of the first NBA Store in the UK, located at 14-16 Foubert’s Place in London’s well-known pedestrian shopping area Carnaby, Soho. NBA fans in the UK and across Europe can continue to shop online at NBAStore.eu

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Retail TouchPoints

AUGUST 20, 2020

Retail Ecommerce Ventures (REV) has added a new brand to its collection by acquiring certain assets of Modell’s Sporting Goods for $3.64 The Modell’s web site , which broadcasts going-out-of-business sales as all stores are liquidated, is not yet accepting online orders.

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Retail TouchPoints

DECEMBER 21, 2020

The retailer also has added nearly 8,000 new Drive Up pickup spaces at its stores and assigned more associates to same-day services, and is waiving membership requirements for using these services.

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Retail TouchPoints

MARCH 18, 2021

The return to brick-and-mortar will be a slow, steady process, and preparing stores for the great return will be as much about making shoppers comfortable as it will be about enticing them back. You look at ULTA Beauty or DICK’S Sporting Goods during the pandemic and they crushed it.

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Retail TouchPoints

AUGUST 12, 2021

billion ), with the majority to be paid in cash at closing of the transaction and the remainder comprised of deferred and contingent consideration. The divestiture, which is the result of a formal process that began in February 2021 , will help adidas focus on strengthening its core brand in the global sporting goods market.

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Retail TouchPoints

FEBRUARY 16, 2021

As a result, it will report Reebok as “discontinued operations” from Q1 2021 onwards. This will enable the company to focus on strengthening the adidas brand in the global sporting goods market. Adidas initially acquired Reebok in 2006 and implemented the “Muscle Up” turnaround plan in 2016.

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Retail TouchPoints

SEPTEMBER 21, 2020

More than 300 companies , including Patagonia , The Gap , DICK’S Sporting Goods and Walmart committed to removing some of the logistical barriers that often keep workers from voting. 3, Best Buy is shortening operating hours across the company — stores, corporate offices, field offices and in-home installation services — and all U.S.

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Inside Retail

JUNE 27, 2024

Inside Retail connected with retail experts Nikki Baird, the vice president of strategy and product at Aptos, a retail technology company, and Neil Saunders, managing director and retail analyst at GlobalData, to gather their thoughts about the potential “Great Mall Resurgence” and what retailers should keep in mind.

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Retail Focus

FEBRUARY 8, 2022

And right now, it looks as though they are not getting all the information and help they need; the research also showed that 57% would like to have more access to product details in addition to pricing, whilst 49% would like more digital signage at the shelf-edge to help inform their buying decisions.

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Retail TouchPoints

MARCH 11, 2021

The sportswear company’s new “Own the Game” 5-year growth strategy was unveiled at its Investor and Media Day March 10. At the same time Adidas reported currency-neutral sales growth of 1% in Q4 2020, following declines across markets earlier in the year as a result of the pandemic.

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Retail TouchPoints

JANUARY 25, 2023

In-store experimentation experiences are opportunities to entertain, energize and inspire customers while connecting emotionally with them. This is especially important for connecting with Gen Z customers, two-thirds of whom like to shop in-store when they’re looking for new products.

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Retail Prophet

MARCH 24, 2022

Episode 1: We address the redrawing of city life as we examine the new lifestyle patterns that have propelled a seismic shift in urban centres not seen since the industrial revolution, before illuminating the growing importance of the metaverse in retail and the shifting nature of a physical store’s purpose. million views.

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Retail TouchPoints

NOVEMBER 20, 2023

Dick’s Sporting Goods also attributed part of the brand’s 23% profit drop in the second fiscal quarter of 2023 to theft ( CNBC ). Despite your efforts to hire good people, the U.S. Chamber of Commerce indicates that 75% of all employees have stolen from their employer at least once. Regularly update all applications.

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Retail TouchPoints

OCTOBER 31, 2023

However, more risk-averse shoplifters (Sheepish Teens and Disgruntled Employees) could be deterred by lower shelves, sign-free windows or panopticon-like layouts in which people feel watched at all times. In other cases, crime is more intense (see the viral videos of thefts at downtown drug and luxury department stores).

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Retail TouchPoints

DECEMBER 21, 2023

Some retailers, such as PUMA and 1-800-FLOWERS , have eagerly tested gen AI capabilities to create more personalized customer experiences at scale. However, that certainly will not stop retailers from testing generative AI to drive business productivity and revenue. Alicia Esposito 7. billion in retail shrink was due to ORC.

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Retail Geek

JANUARY 6, 2023

In this interview, we cover the sale of ModCloth to Walmart, Matts’s subsequent work at Lucky Brand and Afterpay, and his new role as CEO at Goodwillfinds. Matt was formerly on episode 79 , when he was CEO of Modcloth, which later sold to Walmart.

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Retail TouchPoints

DECEMBER 15, 2023

Back in 2022, the message was clear — retail crime was on the rise : “There’s no two ways about it,” said Gautham Vadakkepatt, Director of the Center for Retail Transformation at the George Mason University School of Business in an interview with Retail TouchPoints.

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