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Gelson’s data-driven transformation is designed to infuse intelligence into multiple storeoperations areas, including forecasting, total store ordering, production planning and real-time inventory processes, helping ensure each Gelson’s location is tuned in to local demand.
The stores will feature a curated assortment of Bed Bath & Beyond’s legacy vendor partners alongside a selection from the Kirkland’s Home product assortment. ” Details of the Deal In addition to Beyond’s loan and stock investment, which totals $25 million , the partners have entered collaboration and licensing agreements. “We
The retailer currently operates 650 stores. 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.
Ollies Bargain Outlet has acquired 40 former Big Lots stores, jumpstarting its plans to open 75 new stores by February 2026. Ollies announced its real estate plans along with its financial results for FY 2024, which ended Feb.
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.
Ikea will open eight new stores this year in the smaller format that it debuted in Dallas in November 2023. billion investment in omnichannel growth, the furniture retailer is planning seven new Plan and Order Point stores with pickup locations this year; the eighth store, in Santa Monica, Calif., Hunt Valley, Md.;
increase over 2023, the footwear brand plans to continue its aggressive store expansion in 2025 by opening 180 to 200 locations. Skechers opened its 5,000 th store in Bogot, Colombia in February 2024 , at which time Skechers President Michael Greenberg said the brand was on its way to a total of 10,000 stores.
Additionally, the retailer plans to freeze any price increases on its U.S.-owned owned and operatedstores through fiscal 2025, which ends in October 2025. Starbucks also will shift its focus to its existing stores rather than building new ones. “One 1, 2024, Starbucks’ global comp store sales declined 2%.
Apple plans to launch an online store in the Kingdom of Saudi Arabia in summer 2025, providing consumers in the country with service and support directly from Apple in Arabic. And beginning in 2026, the tech retailer plans to open several flagship physical locations, including one in Diriyah, a UNESCO World Heritage site.
In August 2024 , CVS Health identified a multi-year opportunity to deliver $2 billion in savings via a variety of methods, and one of those methods will be closing a total of 271 physical stores in 2025, according to the pharmacy retailers 2024 Annual Report.
GameStop , which shuttered operations in several international markets and closed nearly 600 U.S. stores during its 2024 fiscal year, is planning a significant number of additional store closures in FY 2025, which ends in February 2026. store closures came as GameStop reported its fiscal 2024 results.
Walgreens Boots Alliance will close 1,200 stores in the next three years, including 500 closures during its 2025 fiscal year, which will end in August 2025, according to the company’s release discussing its FY 2024 performance. The retailer currently operates approximately 12,500 stores across the U.S.,
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%
Ross Storesplans to open approximately 90 new stores in FY 2025, comprised of about 80 stores under the Ross Dress for Less banner and 10 dds Discounts locations. The discount retailer kicked off its fiscal year, which ends in February 2026, with a total of 19 store openings in March 2025.
Burlington Storesplans to open 101 net-new stores during its current fiscal year, which ends Feb. The value-priced retailer, which currently operates 1,103 stores in 46 states, Washington, D.C.
Seven & i Holdings , parent company of 7-Eleven , plans to open 500 new “food-forward” convenience stores between 2025 and 2027. The “New Standard” stores will be larger than traditional 7-Eleven stores and will include expanded fuel offerings as well as digital innovations to support more frictionless shopper journeys.
As part of Loblaws plans to invest $2.2 billion (Canadian) this year, the supermarket retailer will open 80 new stores under a variety of banners, with approximately 50 of these stores being hard discount locations. The retailer had opened three no name stores in Ontario in 2024 , promising consumers steep discounts.
The cashless convenience stores will have a community focus, supporting local partners and minority- and women-owned businesses by featuring their products and other healthy options for student consumers.
Looking ahead, Instacart will eventually make the pick-to-light functionality available to consumers for the first time via In-Store Mode on the Instacart App and Storefront Pro.
one of its three main markets by 2026, Mango plans to operate 42 stores in the country by the end of 2024. The apparel retailer also plans to open more than 20 locations next year, primarily in the Sun Belt and Northeast, according to CNBC. The retailer’s target is to operate approximately 65 U.S.
The solution also can improve demand planning by identifying when items are depleted as well as when promotions end, allowing suppliers to better plan availability and product deliveries. Chemist Warehouse plans to use the rich data captured at the product and store levels to create greater inventory efficiencies and reduce costs.
Liu is reportedly planning to launch a new department store concept aimed at a broad, multicultural Canadian audience, according to reporting in Retail Insider and other media outlets.
Retail Insight , the leading provider of storeoperations execution software, has announced two senior executive appointments to accelerate its international growth trajectory.
International fashion brand Mango is implementing a new AI software platform to transform its planning and decision-making. Operating nearly 2,850 stores in 120 markets, Mango must dynamically navigate demand fluctuations, evolving consumer preferences and supply chain complexities.
Bloomberg News has reported that potential buyers for US stores owned by both companies have until the end of March to express interest, with some having already signed NDAs to explore acquisitions. The Canadian companys latest quarterly revenue rose 6.5 per cent, to US$20.9 billion, from a year ago.
Kroger will close approximately 60 stores in the next 18 months and already has taken a $100 million impairment charge related to the closings in its fiscal Q1, which ended May 24, 2025. The supermarket giant reported $45.1 billion in Q1 sales, down slightly from the $45.3 billion generated during the same period last year.
Store openings are expected to remain steady at approximately 5,800 (compared to 5,970 in 2024), but that would still represent a net loss of more than 9,000 stores. Supporting these expectations is the fact that more than 2,000 planned closures already are underway this year. Coresight reports that major U.S. 17, 2025).
billion in Chile, with plans to build 70 new stores across all formats and add a ninth distribution center (DC) in the countrys remote southern region. The five -year investment plan will create 4,000 new jobs in the country. Walmart will invest $1.3
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 its stores, the SAP module on the POS screens mimics the customer-facing website, giving associates the same enhanced search functionality as online shoppers.
Fewer false alarms: Don’t waste resources or disrupt storeoperations unless the threat is real. Retailers can use this accountability to improve response tactics and planning. Communication Strategies for Retail Security Success A comprehensive communication plan is essential for retail security efforts.
The lions share of operating revenue (83 per cent) and exactly half of the operating profit emanated from domestic stores. Operating profit as a whole rose by 11.2 This store may not even have existed had the company followed through with its pre-Covid plan to shutter it. So far, so good.
store last month , with another five in development and plans to eventually operate 50 locations in the region. Additionally, Kurt Geiger operates footwear concessions inside luxury and premium department stores in the UK, including Harrods and Selfridges , where it sells both its own and third-party brands.
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. Workforce management also can be a key component to expanding into year-round operations.
Simon has purchased a site in the metro Nashville area that it plans to develop into a 325,000-square-foot mixed-use center that will include approximately 75 retailers, restaurants and a hotel, with the potential to add residential options, big box retailers and more.
Regardless of whether your goal is to drive sales for a specific season or boost footfall at a one-off event, you can plan a calendar of initiatives to suit your schedule. Here are three key reasons they work so well: 1. Retail experiences work all year round.
Dollar General appears to have reversed course on ambitious growth plans for its brick-and-mortar fleet despite a strong 2024 fiscal year and Q4. In December 2024 Dollar General said it would open 575 stores and remodel 4,250 others during FY 2025, which ends in January 2026.
Customer journey mapping (CJM) is widely used in retail to analyze and plan touch points before, during and after purchase. While valuable for future planning, they often reflect post-purchase feedback rather than emotions experienced in the moment.
Key areas for new pet parents to manage include: Setting up the home; Developing a routine; Preparing for the vet; Finding the appropriate food for nutrition and the owner’s budget; Training; Prioritizing pets’ mental health; and Planning for long-term health and safety, including microchipping and health insurance options.
These days, when we plan to leave the house, the first thing I think about is, should we/could we bring the dog? Not all animals interact the same way, so it’s important to plan thoughtfully to include pets in your spaces safely and comfortably. I even frequently see pets on planes. Can I Bring My Pet? Are dogs allowed?
In November 2024 Niccol laid out details of the Back to Starbucks plan, designed to re-establish the chain as the Community Coffee House, including simplifying an overly complex menu, returning to self-service condiment bars and doing a better job of balancing mobile and in-person orders.
The purchase agreement includes the grocery and liquor storeoperations of the Winn-Dixie and Harveys banners, encompassing approximately 170 stores across the Southeast, as well as Winn-Dixies existing liquor business. Financial terms of the current deal were not disclosed.
Tractor Supply will open 90 new namesake stores and a total of 10 new Petsense by Tractor Supply Stores this year, along with the addition of the rural-oriented retailers 11 th distribution center (DC).
Regional grocery chain Wegmans has partnered with Uber Eats to offer on-demand delivery from stores in Massachusetts, Maryland, Virginia, North Carolina, New Jersey and Washington, D.C. this month, with plans to add locations in New York, Pennsylvania and Delaware in February.
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