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Macy’s to Close 150 Nameplate Stores, Focus on Luxury and Small-Format Locations

Retail TouchPoints

Macy’s plans to close 150 underproductive nameplate stores — approximately 50 this year alone — and continue its expansion of smaller-format stores as it prioritizes investment in about 350 go-forward locations. Macy’s, Inc. has unveiled its Bold New Chapter strategy, signaling a major shift for the iconic department store retailer.

Location 258
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“What if this happens to us?”: Retailers revisit emergency response plans

Inside Retail

In the wake of the tragic Westfield Bondi Junction stabbing attack on April 13, Australian retailers have been revisiting their emergency response plans to ensure they are fully prepared for every contingency. Talking about this is important,” she said.

Planning 263
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99 Cents Only to Close All 371 Locations, Hold Liquidation Sale in Business Wind-Down

Retail TouchPoints

99 Cents Only Stores will wind down its business and shutter its 371 locations across California, Texas, Arizona and Nevada after more than 40 years in operation. Hilco Real Estate will manage the sale of the company’s real estate assets, both owned and leased.

Location 229
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Planning to Prevent Workplace Violence in Retail

Retail TouchPoints

Despite these statistics, many retailers still don’t have functional workplace violence plans. If they do have a plan, it’s likely that it hasn’t been recently updated, and many employees may not know it exists. My 35-plus years of experience in retail, most of that time being in loss prevention, has taught me a lot.

Planning 279
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Sephora Plans 260 New Stores for 2021, Including 60 Freestanding Locations

Retail TouchPoints

More than 260 new stores are slated to open this year, including 60 freestanding locations and 200 shop-in-shops inside Kohl’s department stores. The new standalone Sephora locations will begin to open in March in markets including Dallas, Houston, Austin, Texas, Los Angeles and Nashville.

Location 314
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10 new locations planned for Lone Star Rib House and Brews

Inside Retail

Lone Star Rib House and Brews has announced plans to open up to 10 new locations. The brand, which currently has 21 locations across NSW, SA, WA and QLD, has new sites confirmed in SA and NSW and plans to expand into Victoria and the ACT. It’s an exciting time.”.

Location 130
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A Guide to Managing Young Employees

Retail TouchPoints

In fact, data from Legion Technologies finds that 37% of managers say they’re hiring more minors due to the shortage. However, ensuring compliance is especially tricky for retailers operating in multiple markets, as labor stipulations will vary from location to location and any changes must be made in time with laws taking effect.