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Suburban shopping strips are struggling, but they still have time to evolve

Inside Retail

Shopping strips are facing increasing challenges, and not just because of retail competition. While there is still a lingering Covid shadow on some shopping strips, including those in capital city central business districts (CBDs), other factors are impacting the viability of suburban retail precincts.

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The Container Store Opens 100th Location, Doubles Down on Smaller Format

Retail TouchPoints

and one of five the specialty retailer plans to launch in its fiscal 2023, which ends March 30, 2024. In addition, we saw an average of over 60% new customers shopping with us in these locations and the Net Promoter Score for our small-format stores remains incredibly strong at 83.”

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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. But let’s be honest, what do fast food restaurants, automotive shops, gift shops, and online supplement stores have in common? Specialty-Specific Analytics.

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Unlocking Retail Growth: The Power of Network Analytics for Strategic Insights

Retail TouchPoints

It encompasses a wide array of data types, from customer WiFi usage patterns and device interactions within the store to transactional data and online shopping behaviors. The optimization can improve customer service, reduce wait times and enhance the shopping experience.

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rue21 Expands Size-Inclusive Product Offerings to 36 More Stores

Retail TouchPoints

Specialty retailer rue21 continues to invest in its size-inclusive product offering, extending its plus-size fashion to an additional 36 stores. In December 2020, the retailer also recruited retail executive Candace Kearney, who joined rue21 from plus-size fashion retailer Torrid.

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Three Lessons Grocers can Learn from Specialty Retailers

Retail TouchPoints

While most supermarkets prioritized developments that facilitated COVID-era shopping behaviors like grocery delivery, curbside pickup or self-checkout, grocery shoppers are now looking for improved in-store experiences. Local grocers also have invested heavily in regional product arrays to differentiate their shopping experience.

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Continuing Omnichannel Success Post-Holiday Season

Retail TouchPoints

Additionally, there will be a wave of returns that will need to be properly managed and tracked in a way that promotes profitability and customer satisfaction. Finally, the first half of January brings an additional peak season for retailers as customers make their way online or into stores for gift card redemptions. Next Steps.