Fri.Dec 02, 2022

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Dollar General Plans to Open 1,050 Locations in 2023

Retail TouchPoints

Dollar General is continuing its rapid expansion into fiscal 2023 with plans for 1,050 new stores, following a successful Q3 2022 when sales rose 11.1% to $9.5 billion. The quarter, which ended Oct. 28, also saw a 6.8% increase in same-store sales driven by larger basket sizes and a small increase in traffic. “We are thankful to our team for their continued dedication to serving others, particularly in a challenging economic and operating environment,” said Jeff Owen, CEO of Dollar General in a

Planning 312
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Viva Magenta Named 2023 Pantone Color of the Year

Small Biz Trends

? Pantone has named Viva Magenta as its Color of the Year 2023. Viva Magenta is described as “a nuanced crimson red tone that presents a balance between warm and cool.” For designers, Viva Magenta is PANTONE 18-1750. Pantone gave a bit more colorful description of its top color choice for 2023. The Pantone Color of the Year 2023 announcement was made on a live video stream at the company’s website.

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Rite Aid Opens First of 3 Small-Format Pharmacies in Underserved Communities

Retail TouchPoints

At approximately 3,000 square feet, Rite Aid ’s newest store is much smaller than its average 11,000- to 15,000-square-foot location, but it’s likely to have a big impact on the community of Craigsville, Va., a town of less than 1,000 people. The retailer plans to open two more small-format stores in Virginia — one in Greenville in December and another in Scottsville early in 2023.

Location 305
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20 of the Most Profitable Small Businesses in 2023

Small Biz Trends

If you’re looking for a business opportunity that is both profitable and has a lot of growth potential, you’ll want to consider starting one of the businesses on this list. These 20 small businesses have the potential to be some of the most profitable businesses in 2023, and there’s still time to get in on the action. Let’s get started!

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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How 85-Year-Old Economy Candy Taps into Social Trends but Stays True to its Roots

Retail TouchPoints

Slime lickers might not be everyone’s cup of tea; in fact, you might not even know what they are. But if you did happen to want slime lickers (as many people apparently did during the pandemic) there’s one place you’ll be sure to find them — Economy Candy in New York City’s Lower East Side. Slime lickers, in case you were wondering. For more than 85 years, Economy Candy has been a reliable purveyor of all things sweet, from classic favorites to hard-to-find exotic confections and even viral phen

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Family Dollar lowers prices to compete with Dollar General

Retail Wire

Family Dollar is cutting prices in an effort to win over cash-strapped consumers from competitors such as Dollar General. The chain, according to analysts, has dropped its prices by around five percent since going public with its initiative in August. Family Dollar’s prices are often between 10 and 15 percent higher than Dollar General’s.

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Ulta Beauty posts nearly 15 percent gain in same-store sales

Retail Wire

Ulta Beauty’s same-store sales were up 14.6 percent year-over-year in the latest quarter. Dave Kimbell, Ulta CEO, said that the chain saw increases in sales from customers across all income levels. “While it’s hard to know with certainty if we are starting to see consumers trade down — as the only beauty retailer that offers a wide variety of prices from entry-level mass to high-end luxury and everything in between, Ulta Beauty is uniquely positioned to capture any consumer shifts within p

Consumer 130
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Walgreens Debuts 24/7 Same-Day Delivery from 400 Stores

Retail TouchPoints

Walgreens is upping the ante on same-day delivery with the debut of a new 24-hour, 7-days-a-week service in nearly 400 locations across the U.S. Customers can now order from Walgreens.com/SameDayDelivery or the Walgreens app to receive an assortment of more than 27,000 items delivered in as little as one hour , no matter the time of day. Customers will have the option to select the nearest 24-hour location to place their order, which will be fulfilled if they are in delivery range.

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Dollar General notes changes in customer behavior

Retail Wire

Dollar General posted a better-than-expected gain of 6.8 percent in same-store sales despite seeing a decrease in the number of items that are being purchased on shopping trips. The chain said that its gross margin declined 0.3 percent as a result of higher supply chain costs. “Customers also continued to shift spending to more affordable options such as items at our dollar price point and private brands, while also shopping closer to payday at the first of the month,” said Dollar General CEO Je

Shopping 130
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Build Resilience with Global Sourcing

Retail TouchPoints

The ongoing global logistics disruptions continue to impact businesses, and many of them recognize the need to better equip their supply chains by identifying alternative trading partnerships and developing a broader list of suppliers across the globe. Businesses are looking for ways to build greater agility and resilience into their supply chains by working with platforms with new capabilities as services.

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Humans + Agents = Rethinking Enterprise Commerce with AI

AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran

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Small Business Grants with a December Deadline

Small Biz Trends

With 2022 drawing to a close, it’s the last chance for businesses to apply for many helpful grant programs. Small business grants are useful all year long. But the extra funds can be especially important for planning major projects in the new year or reaching financial goals for 2022. Here are several opportunities you can still apply for in December.

Planning 126
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How the Kroger-Albertsons Merger is Accelerating the Need for a Unified Retail Ad Network

Retail TouchPoints

There are a growing number of retailers competing for their share of available advertising dollars, and a big player in retail media has just upped the ante. The recent Kroger-Albertsons merger announcement sent shock waves through the retail and consumer packaged goods (CPG) industries, with the move cornering approximately 19% of the U.S. grocery market.

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December is National Write a Business Plan Month

Small Biz Trends

Before you jump right into business ownership, you need a plan. Since December is National Write a Business Plan Month, it’s the perfect opportunity to determine the steps and strategies needed to propel your ideas forward. While there are many types of planning that tend to benefit new entrepreneurs, the traditional business plan is often the first step.

Planning 116
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Urban Outfitters president exits after less than a year

Retail Dive

Francis Pierrel, who was previously the CEO of Club Monaco, left the retailer after starting the position in February.

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5 Tips for a Winning Category Management Strategy in 2025

Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.

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In the News: Grants for Daycares and Other Small Businesses of $2,000 to $50K Available Now

Small Biz Trends

When grant opportunities addressing a specific industry segment become available, it gives you a better chance of winning said grant. This is especially the case if the grant is location specific, such as a city, county or even state. Granted the more applicants there are, the lower your chances get. However, it is important to consider this is free money.

Location 116
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Party City back in creditor talks amid cash crunch: Bloomberg

Retail Dive

The retailer is once again struggling as consumers pull back amid heavy inflation and its liquidity dwindles.

Consumer 111
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The Best Pallet Jacks For Your Business

Small Biz Trends

Pallet jacks are vital pieces of equipment for warehouses, convenience stores, storage facilities, and many other types of businesses. They are meant to aid to haul and maneuver heavy loads, such as inventory, and can be raised and lowered to help with stocking and shelving. What is a Pallet Jack? Pallet jacks, also known as pallet trucks or hand trucks, are a basic form of a forklift.

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10 of the biggest retail stories in 2022

Retail Dive

From potential bankruptcies to off-price retailer turmoil, this year came with macroeconomic pressures for companies across the board.

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Cut Costs & Complexity: Smarter Fulfillment for Home, Furniture & DIY Brands

Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.

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Yinka Ilori draws on "unapologetic" architecture of Burkina Faso for debut pop-up shop

Dezeen

Modular display stands modelled on buildings in Burkina Faso feature in the first brick-and-mortar shop that London-based designer Yinka Ilori has created for his self-titled homeware brand. Taking over a compact retail space in Shoreditch in the leadup to Christmas, the pop-up shop features a colour-block interior designed to match the products on sale, as slime-green walls clash with pink and orange flooring.

Shopping 102
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Digital Brands closes on $10M stock offer to fund acquisitions

Retail Dive

The DTC conglomerate may at last be close to finalizing its deal to buy women’s apparel brand Sundry, first announced in January.

Apparel 105
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Pantone Names “Viva Magenta” Its 2023 Color of the Year

VMS

Pantone (Carlstadt, N.J.) has announced “Viva Magenta” as its 2023 Color of the Year. The color consultancy says the crimson red tone presents a balance between warm and cool, dubbing it “an unconventional shade for an unconventional time.”. “In this age of technology, we look to draw inspiration from nature and what is real. PANTONE 18-1750 Viva Magenta descends from the red family, and is inspired by the red of cochineal, one of the most precious dyes belonging to the natural dye family as wel

Consumer 100
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Shopify called upon to de-platform anti LGBTQ site

Retail Wire

Libs of TikTok sells merchandise with messages that push back against policies that give LGBTQ individuals the same rights as others in society. The site on the Shopify platform sells t-shirts and mugs targeted at schools with phrases such as “Stop Grooming Our Kids.” Media Matters of America says that Libs of TikTok messages violate Shopify’s “Acceptable Use Policies” against promoting or condoning “hate or violence against people based on race, ethnicity, co

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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Walgreens launches 24-hour same-day delivery

Retail Dive

The pharmacy chain has enlisted multiple delivery platforms to carry out its same-day deliveries in recent years.

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U.S. economy added more jobs than expected in November

Retail Wire

Employers added 263,000 jobs in November, higher than the 200,000 that economists surveyed by Bloomberg were expecting. The national unemployment rate held steady at 3.7 percent.

ATS 100
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Ulta ‘uniquely positioned’ to weather inflation

Retail Dive

CEO Dave Kimbell said the retailer has seen no evidence of trading down and is benefiting from its wide array of price points.

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Grads want stability as they enter the job market

Retail Wire

A survey of 1,4000 current college seniors and recent graduates finds that 73 percent are looking for stability when they interview for a job. “In the past, students were often looking for location, they were looking for brand name,” said Christine Cruzvergara, head of education strategy for Handshake. Today, “there’s a practicality to how people are looking at their job search.”.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Trending Spring Fashion & Accessories

Independent Retailer

It is that time to start dreaming of warmer weather and getting your customers ready with everything they need for their planned vacations. From tote bags and flashy sandals to unique statement jewelry pieces, Wholesale Central has retailers covered with some of our favorite spring fashion and accessories: Scarlett Necklace. A must-have statement piece next season, this Scarlett Necklace features a bold and colorful cascade of hand-carved tagua pieces.

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White collar retail workers caught up in recent job cuts

Retail Wire

Amazon.com, H&M and Walmart have all reduced white collar jobs in an effort to bring expenses in line with revenues. ZipRecruiter reports that the biggest decline in job postings since June has been in white color positions.

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Are Varied Payment Options the Main Thing that eCommerce Businesses Should Implement?

365 Retail

The eCommerce industry is still an excellent option for start-up businesses to get into in 2022 and beyond. Mobile eCommerce revenue alone topped $3.56 trillion in 2021, and that figure is going to continue swelling in the future. With the industry being so saturated, business owners that want to succeed need to make sure they do everything they can to win customers over.

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December Retail Industry Insights

Independent Retailer

With the busiest buying season of the year in full swing, we hope you are feeling the holiday spirit from your head to your mistle-toes. Even though things may look a little different this year in terms of what consumers are buying and how much money they are spending, studies are showing that retail spending numbers are still up. Slow Holiday Sales Growth.

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SEO vs. PPC: Which Strategy Is Best for Your Business?

When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.