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Carter’s Plans 50 New Stores this Year; CEO says Stores Provide ‘Best Presentation of Our Brands’

Retail TouchPoints

Children’s specialty retailer Carter’s plans to open more than 50 new stores across the U.S. We believe our multi-brand, multi-channel business model and leading market position in essential core products will enable Carter’s to benefit from the market recovery in the years ahead,” said Casey.

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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

Australian specialty retailer 99 Bikes has announced its B Corp certification as the business continues to backpedal from its $12.4 Bricks-and-mortar retail big business 99 Bikes currently operates 62 stores in Australia and New Zealand, seven in the US and four in the UK. Australia is the strongest market for the business.

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Realizing the Potential Business-Specific Analytics in Specialty Retail (2021)

Retalon

Business Specific Analytics and AI for Specialty Retail. The word “retail” gets used interchangeably as if all retailers are all the same. That’s why specialty retail analytics software needs to be flexible and powerful enough to work with unique business cases and considerations. Not that much.

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Myer CEO and MD John King to retire

Inside Retail

King has more than 30 years of experience in retail across department stores, specialty retailing and premium global brands in the US and UK. King established the ‘customer first plan’ which helped the department store navigate the pandemic and return to being a profitable and stronger business.

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PacSun Names Co-CEOs and New President

Retail TouchPoints

PacSun has named Alfred Chang and Mike Relich as its new Co-CEOs, and promoted PacSun Chief Brand Officer Brieane Olson to President of the specialty retailer. Chang will set and drive PacSun’s brand strategy, including design, merchandising, marketing, retail and ecommerce.

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Mattress Firm Files for IPO 6 Years After Going Private

Retail TouchPoints

Mattress Firm has publicly filed for an IPO that will return the furniture retailer to the public markets six years after South Africa’s Steinhoff International took the company private. Today, the retailer operates 2,353 locations and said in its filing that “we are nearly twice the size of our next largest competitor (based on U.S.

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When Customers Aren’t Holiday Shopping, They’ll be Streaming

Retail TouchPoints

The winter holiday season is a critical time for retail. November and December holiday sales average around 19% of total retail sales, per the NRF , and this share can be even higher for some department stores and specialty retailers. Emarketer anticipates that holiday retail sales will grow 4.5%

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