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Citing Theft and Safety Issues, Target Closes 9 Stores in 4 States

Retail TouchPoints

Target will be closing: One store in NYC’s Harlem, leaving 96 locations throughout the city; Two in Seattle, leaving 22 stores; Three in San Francisco/Oakland, leaving 32 stores in the metro area; and Three in Portland, Ore., leaving 15 stores in this market. reduced specific storesoperating hours; 29.7%

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WSJ: Peloton to Cut 500 Jobs as CEO Attempts a Rescue

Retail TouchPoints

While the layoffs will be felt companywide, they will heavily impact the marketing department. Dara Treseder, SVP of Marketing, Communications and Membership, left the company a few weeks later to join software provider Autodesk as Chief Marketing Officer.

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6 Trends Driving Store Design Innovation in 2024

Retail TouchPoints

Trend 3: Store Design Teams Become ‘Experience Teams’ When a brand decides to open a new store, the design team cannot work within its own silo. This is a new reality for typical projects, according to Cornelius, and it is why her firm has changed its vernacular from “store design” to “experience design.”

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Is the Retail Crime Wave a Tsunami or a Ripple?

Retail TouchPoints

With our Editors Perspectives columns, you’ll get insights and opinions from the Retail TouchPoints editorial team as they dig into the latest trends in retail, marketing and tech. The perception gained even more support as Lowe’s, Dick’s Sporting Goods and Target all blamed ORC for negatively affecting their financial results.

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7 Stories that Shaped 2023 — and What They Foretell for 2024

Retail TouchPoints

Which is why this year (and likely next year as well), the focus for resale operators , and the retailers that employ their services, was on tightening up operations as much as expanding them. Media and Advertising Became More Contextual (and Measurable) Marketing teams are feeling more pressure to perform. Nicole Silberstein 2.

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5G in Retail: Creating the WOW factor

Retail TouchPoints

Dick’s Sporting Goods , one of the largest sporting goods retailers, recently unveiled its House of Sports store with a running track, rock wall, batting cages and outdoor turf field. He leads product design, solutions engineering, and technical marketing as SVP and General Manager at Inseego.

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Authentic Brands Group Acquires Reebok for $2.5 Billion, Adding Athletic Gear to its Portfolio

Retail TouchPoints

The divestiture, which is the result of a formal process that began in February 2021 , will help adidas focus on strengthening its core brand in the global sporting goods market. We don’t manage stores, inventory or supply chains,” said Jamie Salter, Founder, Chairman and CEO of ABG in the SEC filing. “We billion ( $2.5