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The retailer, owned by Elliott Investment Management along with the UK bookseller Waterstones , opened 57 stores in the U.S. Waterstones Managing Director James Daunt, who also leads Barnes & Noble, told FT that last year represented a really significant expansion, and that the company plans to do that or more in 2025.
Discount variety retailer The Reject Shop plans to open more stores this year to support sales growth and increase profitability. The company is investing in other initiatives across the business, including in supply chain, technology, infrastructure and warehouse management, he added. The Reject Shop posted record sales of $852.7
Closeout retailer Big Lots has initiated going of out business sales at its remaining stores following the news that a planned sale to Nexus Capital Management has fallen through. Big Lots currently operates 960 stores, according to its website , and will continue to serve customers both in-store and online.
Next-generation automation and technology are streamlining waste management costs for retailers and shopping centres across Australia, saving significant costs and boosting sustainability outcomes. We want to provide an easier solution for retailers to manage their recyclable waste and reduce costs at the collection and disposal stage.
Future-proofing your tech stack is a crucial part of long-term strategic planning. But how do you future-proof if your plans involve acquisition, and a tech stack you don’t have control over?
As part of the plans , the new company will focus on global core markets, including the US, Canada, Mexico, Brazil, China, Korea, India and Malaysia. The lenders include Stonehill Capital Management Partners and Alden Global Capital. It will also look into the European and additional Asian markets in the future.
In 2024 WHSmith opened more than 50 new locations in North America , and that expansion is set to continue, with plans to add approximately 50 new stores in the region per year for the next couple of years. With significant store growth in the pipeline, opportunities for brands will only expand.
This innovative c-store will not only provide our students with a diverse selection of hot and cold food options but also meet their personal and grocery needs, said Rose Wilson, District Manager, Sodexo at Northern Arizona University in a statement.
Athleisure brand Fabletics will adopt a suite of SaaS-based supply chain planning solutions from Blue Yonder , including demand planning, allocation and replenishment, merchandise financial planning and size scaling. The transformation will be supported by Blue Yonder partner Plantensive.
Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC
Global inflation is at record highs and the Great Resignation has given way to the Great Reshuffling, leading to uncertainty in talent markets. What will 2023 bring? Time will tell, but it is unlikely to be a return to the pre-pandemic normal.
Target has ambitious plans to drive an additional $15 billion in sales growth by 2030. The retailer revealed these long-term plans along with financial results of its 2024 fiscal year, which ended Feb. Targets net sales decreased by 0.8% compared to the previous year, falling from $107.4 billion to $106.6 Comparable sales rose 0.1%
The company also announced a host of other big plans for the rest of 2025, including the debut of a new peer-to-peer marketplace scheduled to launch by the end of this year, plans for new solutions to help retailers with returns and adding support for menswear (the company has previously focused only on womens and kids).
Over the past 18 months, Staples has implemented a Manhattan Associates cloud-native warehouse management solution at nine of its U.S.-based based B2B fulfillment locations, and the retailer plans to deploy the Manhattan Active Warehouse Management (WM) technology at a total of 14 fulfillment centers by the end of 2026.
To be able to see it, to be able to smell it, to be able to taste all of these amazing flavours, Christelle Young, managing director of T2, told Inside Retail. Part of its plan is to elevate everyday tea rituals while maintaining a strong commitment to social responsibility and environmental awareness.
In the past three years, the average employee experienced 10 planned enterprise changes, up from two in 2016. Change requires empathy and understanding for individuals and teams to manage the emotional rollercoaster it can create. Five simple starts to help manage change Link purpose, vision and values. Language matters.
Without structured planning, retailers risk stockouts, overstocking, and suboptimal product placement, leading to lost sales. Retail store planning software addresses key challenges such as inefficient space utilization, inconsistent merchandising execution, and poor inventory visibility. Are they looking to optimize floor space?
Open floor plans have become synonymous with modern living, offering a spacious, airy feel that many homeowners desire. The answer lies in using walls strategically to create distinct zones within your open plan. The answer lies in using walls strategically to create distinct zones within your open plan.
Small company owners must practice effective financial management to successfully navigate the intricacies of cash flow and attain sustainable development. Tools like Albert.com offer comprehensive budgeting, saving, and investing solutions for personal financial management, helping individuals achieve their financial goals.
Dillards has been executing a highly successful strategic plan focused on improving operating margins, prudently managing capital expenditures and aggressively returning capital to stockholders, said James Mitarotonda, Chairman of Barington in a statement. However, we are concerned with Macys large capital expenditure programs.
The company plans to continue normal operations at 10 of its 11 stores , as well as its website, throughout the reorganization process, with CEO Andy Perham promising that Books Inc. The current reorganization plan does include the closure of one store in Berkeley, which will be shuttered on Feb. is not going away.
With Augmodo, the AI assistant lets them know which products are out of stock and in the wrong place, and which tasks are needed next, said Mark Finocchiaro, Managing Partner, CIO and Director at Chemist Warehouse in a statement.
We get that running a business is a constant juggle, and managing cash flow can be tricky. Inventory management software or a simple forecasting system can be a valuable tool to manage this. FAQs on small business cash flow management What steps can I take to maintain a positive cash flow?
If you’re a retail business owner managing multiple retail stores, keeping your eye on the prize might be challenging. What if we told you that you could successfully manage all of your stores’ inventory and ROI with one intuitive inventory management system?
Cash flow management can be one of the most significant issues for seasonal businesses. Managing this requires keen budgeting skills and pre-planning, which can cause stress for seasonal business owners. Thoughtful budgeting and money-saving strategies are a crucial part of any business plan, seasonal or not.
The operator of more than 80,000 7-Eleven convenience stores around the world is caught in a three-way tug-of-war between a foreign takeover suitor, its founding family, and company management who say their growth plan can enhance value.
David’s Bridal has introduced Adored by David’s , a resale program that will be managed by Arrive Recommerce. David’s Bridal also plans to expand the resale program by introducing a store and mail-in trade-in program for authentic David’s garments.
In 2023, Foot Locker CEO and president Mary Dillon announced the launch of Foot Lockers multi-tiered revival plan, Lace Up. Our ‘Lace Up’ plan will create pathways for growth in both our areas of historic strength and our opportunity areas for the future, said Dillon. Even though Q4 sales were down by 5.8 per cent. .
Chief financial officer Markus Neubrand announced plans to cut 500 jobs worldwide and close some unprofitable stores as part of a cost-cutting plan. The post Puma plans job cuts as US demand weakens, outlook dims appeared first on Inside Retail Australia. March has started off a bit better,” he said at a press conference.
To meet Net Zero goals and comply with evolving regulations, companies must integrate sustainability across the value chain from raw materials to design, sales and marketing and supply chain management. Next, turn to skills such as sustainable procurement, supply chain management and stakeholder management.
Inventory buffer management: Develop a strategy for maintaining optimal safety stocks or buffer inventories. Risk management and Contingency Planning Develop scenario planning models: Use historical data and current market insights to simulate potential tariff scenarios.
The insights and retail intelligence provide flexibility and consistency to how retailers manage their online and in-store returns processes. No doubt companies are in a difficult position; however, they can ease the tension by relying on the assistance of retail analytics.
Managing Endpoint Devices Doesn’t Have to be this Hard As a retailer, your investments in a modern customer experience shouldn’t result in added risk to your IT environment. leverage automation to streamline workflows such as: patch management, software deployment, endpoint security, remote access control and more.
This has prompted the beauty retailer to present a cautious 2025 outlook and add new details to the Ulta Beauty Unleashed transition plan, including an online marketplace. Despite a solid Q4 and FY 2024 overall, the company saw net sales drop slightly in Q4, which ended Feb. Net sales were down 1.9% in Q4 to $3.5 billion, compared to $3.6
Steve Kehl will be leading the Australian team as country manager. He added that the team plans to open in every Australian capital city and to have a network of more than 100 locations by 2035. US buffalo-style chicken wing restaurant chain Wingstop is opening its first Australian location in Sydney later this week.
Through the partnership, Liverpool will manage all of Fabletics’ retail locations, ecommerce and wholesale operations across the region, starting in Q2 2025. In the future, the brand plans to expand its assortment to include more specialized collections and collaborations, such as its ongoing partnership with Khloé Kardashian.
store last month , with another five in development and plans to eventually operate 50 locations in the region. The Steve Madden board of directors has unanimously approved the transaction, which the company plans to fund with a combination of committed debt financing and cash on hand.
Melanie Remai is set to take over as CEO of Cue Clothing and its brand Veronika Maine, which the Levis family recently sold to British asset manager Hilco Capital. Remai, former GM of Country Road Group’s Trenery brand, will take over from Simon Schofield in August as part of the deal.
Image courtesy Ikea UK “We know how much our customers love the Ikea restaurant, and we’re excited to celebrate the opening of our very first high street restaurant,” said Matthew Gould, Market Manager at Ikea London City in a statement. Image courtesy Ikea UK Image courtesy Ikea UK
Delivery management platform and post-purchase experience provider, Scurri , today reported a record-breaking performance in 2024, announcing it had processed 154 million shipments through its platform last year, increasing from 115 million in 2023. Scurri facilitated a Gross Merchandise Value (GMV) of total shipments of 16.5
For retailers, 3P commerce provides the ability to offer an increased selection of products and helps reduce the risks of managing fulfillment — an issue we saw firsthand with recent supply chain disruptions,” said Lou Keyes, CEO of Rithum in comments shared with Retail TouchPoints.
To manage regulatory hurdles, GMG has established a regional headquarters in Kuala Lumpur and an operational office in Singapore. The post How GMG plans to win Southeast Asias sports retail market appeared first on Inside Retail Australia. Further reading: How Dubai sportswear giant GMG aims to crack the Southeast Asia market.
Last September, in what some considered an unprecedented move, the Cotton On Group poached Milligram co-founder Scott Druce to come aboard as the general manager of Typo. Having found his feet within the retail juggernaut, he is ready to announce his plans for the global stationery brand.
But the merchant was suffering from a bit of an image problem that made it seem fusty and old-fashioned, a situation that led to a companywide turnaround plan initiated in 2020. In the words of Paula Mitchell, Digital General Manager, We wanted consumers to think of Freedom not as your mums brand but as your best friends brand.
He originally joined the supermarket retailer in 2004 as a grocery buyer and category manager: Its a brand I know well and look forward to caring for in my new role. Nicholsons career also has included stints at Walmart, SuperValu and Winn-Dixie.
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