Retail TouchPoints

MAY 24, 2023

Five Below plans to add at least seven new outlet locations to its store roster this year in partnership with mall operator Simon. The retailer already operates 21 stores within the Simon portfolio. The new locations, slated to open throughout this spring and summer, will be at Simon Premium Outlets in Albertville, Minn.; Pleasant Prairie and Johnson Creek, Wis.; Gaffney, S.C.; Edinburgh, Ind.; Pismo Beach, Calif.; and Tannersville, Pa.

Location 316

Location Planning ATS 316

Retail Wire

MAY 24, 2023

Foot traffic in San Francisco’s Union Square shopping district may be down 27 percent, but tourists are spending big at luxury retailers. “The luxury shopper isn’t experiencing the city the way regular shoppers are—they are in a bubble,” said Neil Saunders, managing director of GlobalData.

Management 263

Management Shopping ATS 263

Retail TouchPoints

MAY 24, 2023

COVID, Brexit, and more recently the war in Ukraine, along with a cost-of-living crisis have caused 80% of shoppers to change their purchasing behavior. Unsurprisingly, this has dramatically changed the shopper marketing landscape, and as a result, retail brands are being forced to rethink how they interact with consumers. We have seen changes to routines, homes and priorities — people have had to switch up choices, learn to get creative and try something new to save money.

Consumer 297

Consumer Marketing Finance Shopping 297

Retail Wire

MAY 24, 2023

A Washington Post-Ipsos survey of working adults finds that 75 percent would prefer working four 10-hour days instead of five eight-hour ones. Workers say the extra day off gives them more time to recover and complete personal tasks. Employers, however, do not appear to be in a rush to move away from the five-day workweek.

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263

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.

Customer Experience

Retail TouchPoints

MAY 24, 2023

Walmart has opened an in-store Market Fulfillment Center (MFC) at Store 100 in its home town of Bentonville, Ark. Like the retailer’s first MFC , which opened in 2019 in Salem, N.H., the new center uses the Alphabot automated storage and retrieval technology developed by Alert Innovation. MFCs will significantly increase the number of orders a store can fulfill in a day, according to a Walmart blog post , providing faster fulfillment with less substitutions and freeing up associates to help in-s

Fulfillment 278

Fulfillment Customer Experience Planning Management 278

Inside Retail

MAY 24, 2023

Westfield Knox is set to open its $355 million redevelopment with elevated fashion and lifestyle retail offerings on June 8. The project includes a full-sized NBL basketball court, a nature-inspired outdoor kids’ play space, a 2000sqm library, and a swimming school concept featuring a 25-metre pool along with seating areas for families to dine.

Outdoor 246

Outdoor Fashion Returns Management 246

Inside Retail

MAY 24, 2023

Japanese brand Uniqlo has decided to leave Russia after suspending its operation there last year, paving the way for a sale of the business, the Izvestia newspaper cited Russia’s deputy trade minister as saying. Uniqlo owner Fast Retailing suspended the clothing brand’s operations in Russia in March 2022, joining scores of international companies, after Moscow sent troops into Ukraine in what it dubbed a “special military operation” Deputy Minister of Industry and Trade V

Point of Sale 246

Point of Sale Accessories Fashion 246

Retail TouchPoints

MAY 24, 2023

FTD and From You Flowers (FYF) have completed a merger that has created a global floral and gifting platform. FTD is a portfolio company of Nexus Capital Management and FYF is a subsidiary company of Tenth Avenue Holdings. Michael Chapin, Founder and CEO of From You Flowers, will take over as CEO of the combined company. Financial details of the deal were not released.

Management 276

Management Consumer Fulfillment 276

Inside Retail

MAY 24, 2023

H&M has launched its subsidiary & Other Stories in Australia and New Zealand via an exclusive partnership with the online fashion platform The Iconic. The fashion giant announced the launch in April in its Annual and Sustainability Report, following the launch of sister label Cos online last year. The Iconic carries a curated assortment of & Other Stories’ latest clothing, shoes, and accessories, including dresses, soft tailoring, footwear, and wardrobe basics, with prices ra

Accessories 246

Accessories Fashion Marketing 246

Retail TouchPoints

MAY 24, 2023

The growth of retail media shows no sign of slowing, as established players announce new expansions and new retailers, most recently Save Mart , enter the mix. In the latest developments, Kroger is looking beyond its websites with plans to expand in-store advertising opportunities, and Walmart is teaming up with more tech partners to help brands get the most out of its retail media network.

Advertising 263

Advertising ATS Grocer Planning 263

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Inside Retail

MAY 24, 2023

Woolworths Group has acquired grocery delivery startup Milkrun following its collapse last month. The retailer’s Metro60 brand will be renamed Milkrun and extend its operations to more than 500 suburbs across Sydney, Melbourne, Brisbane, Canberra and the Gold Coast. Customer orders will be fulfilled from Woolworths’ network of Metro stores using third-party couriers with an average delivery time of 33 minutes.

Fulfillment 243

Fulfillment 243

Retail Focus

MAY 24, 2023

French designer eyewear brand, bloobloom, opens its flagship store at 30 James Street in Covent Garden with Mary Charteris and Simon Murphy DJing at the launch. The store is situated near Apple, Rituals and Tiffany & Co and boasts a spacious 600 sq ft across the ground floor. The independent brand will continue to bring eyewear innovation to consumers across London at affordable prices.

Location 189

Location Returns Consumer Shopping 189

Inside Retail

MAY 24, 2023

In an increasingly tough market, Abercrombie & Fitch has started its fiscal year on a strong note with group sales up by 2.9 per cent and last year’s loss being transformed into a respectable profit. As a stand-alone set of numbers this is a very solid outcome. However, as it bucks the general direction of the market and stands in marked contrast to the more negative results of many other discretionary retailers, it is an exceptional level of performance.

Apparel 243

Apparel Marketing Consumer Management 243

Retail Wire

MAY 24, 2023

Urban Outfitters Inc. said its first-quarter sales rose six percent to a record $1.11 billion. The retailer posted “high single-digit” dollar growth online and a “low single-digit” increase in stores.

147

147

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Management

Inside Retail

MAY 24, 2023

Australian luxury department store David Jones will celebrate its 185th anniversary this year with a week of festivities at its stores nationwide. The retailer opened on May 24, 1838, and claims to be the oldest continuously operating department store in the world, still trading under its original name. To mark the occasion, customers will be treated to a series of pop-up birthday in-store experiences, performances, photo exhibitions and installations along with complimentary Champagne and sweet

Department Stores 182

Department Stores ATS 182

Retail Dive

MAY 24, 2023

How can brands plan for the future in a disruptive economic environment? Google partnered with Kantar and Bain to analyze shopper behavior and identified four critical trends that will define the retail industry in the coming years.

Planning 133

Planning 133

Inside Retail

MAY 24, 2023

Many retailers have become accustomed to using Buy Now Pay Later (BNPL) services to capture customer spend, with the option being particularly popular among younger Australians who are bearing the brunt of cost of living pressures. But, with the federal government set to introduce regulation by placing BNPL providers under the Credit Act, retailers and providers will have to navigate new conditions to abide by the new framework.

Payment Services 147

Payment Services Consumer Accounting Department Stores 147

Retail Focus

MAY 24, 2023

The retail sector is a unique and diverse business. Nevertheless, as in every other sector, you can encounter different problems that can make you slow down, reduce sales and, in the worst case, even close the business at all. This article has collected some main problems you can encounter on your way, so read on and be aware. Lack of product availability Product availability is a key factor in retail success.

Store Layout 130

Store Layout Department Stores Customer Experience Management 130

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Fulfillment

Inside Retail

MAY 24, 2023

Ever since the Covid-19 pandemic upended the traditional ways of working, and employees the world over pushed against business-as-usual, the concept of the four-day work week has been a heated topic of discussion. Positioned as a means of improving work-life balance and productivity, the four -day work week has been trialled around the world, and the results have so far been largely positive.

Planning 130

Planning Management ATS 130

Retail Wire

MAY 24, 2023

Kwik Trip has been named a Top Workplace in southeastern Wisconsin for 13 years running. The convenience store chain focuses on hiring the right people, onboarding between eight and 10 percent of its 200,000 applicants every year. Kwik Trip then gives them the tools they need to succeed.

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130

Retail Dive

MAY 24, 2023

Product Studio allows merchants to take existing imagery and create new backdrops for it, remove backgrounds and improve image resolution.

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121

Retail Wire

MAY 24, 2023

Target will remove some of its LGBTQ+ Pride Month collection merchandise from stores after homophobic and anti-trans individuals and groups spread misinformation about the products including them being tied to Satanists. Some of the retailer’s employees have come under threat from those who side with the lies being spread about the retailer.

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130

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.

Finance

Retail Dive

MAY 24, 2023

The apparel retailer has hired advisers to help it cut costs as losses pile up.

Apparel 116

Apparel 116

Hyken

MAY 24, 2023

You’ve probably experienced this. No matter how hard you try to please some customers, they aren’t happy. It’s frustrating, but at the same time, it’s reality. And speaking of reality, no matter how good you are at creating an amazing customer experience, the customer’s perception counts. Their perception is their reality. I once went to an amazing restaurant – at least, I was told it was amazing.

Customer Experience 115

Customer Experience ATS 115

Retail Dive

MAY 24, 2023

The privately held DTC brand attributed the sales to its expanded women’s offering, diversified partnerships and strong shop-in-shop execution.

Shopping 116

Shopping 116

Retail Wire

MAY 24, 2023

Bath & Body Works is launching its first-ever fabric care line made with scents its customers know and love.

113

113

Advertiser: ZoomInfo

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Marketing

Retail Dive

MAY 24, 2023

Unlike Foot Locker, the sporting goods retailer said its consumer is holding up well as it reaffirmed its full-year outlook.

Sporting Goods 111

Sporting Goods Planning Consumer 111

Retail Times

MAY 24, 2023

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Waitrose has launched its new own-label coconut oil, which is both organic and Fairtrade, the first of its kind in the UK. This coconut oil has been produced by the Sonmic Organic and Natural Farmers’ Association (SONFA).

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110

Retail Dive

MAY 24, 2023

The department store is working on its turnaround this year, leaning heavily on its Sephora partnership to drive sales and traffic.

Department Stores 105

Department Stores 105

Retail Wire

MAY 24, 2023

Abercrombie & Fitch posted a three percent gain in same-store sales during the first quarter. The retailer’s profits came in at 39 cents a share. Analysts were expecting it to break even.

ATS 100

ATS 100

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