Retail Next

OCTOBER 16, 2019

The latest edition of the RetailNext Retail Performance Pulse has been published and is available for download, providing an overview of brick-and-mortar store performance for the retail month of September 2019 (September 1 through October 5 on the industry’s 4-5-4 calendar). percent decline. percent and 0.3

ATV 52

ATV ATS Retail Trends 52

A1 Retail

JANUARY 2, 2024

This represents transformational growth of 64 percent against the comparable pre-Covid period in 2019 and reflects the positive impacts of effective marketing initiatives driving increased online traffic and retail footfall and an increased and engaged active purchasing customers (+14 percent y-o-y).

Consumer 59

Consumer Accounting Marketing ATS 59

Retail TouchPoints

MAY 13, 2024

Seeking a middle ground on support for LGBTQ+ causes as Pride Month approaches, Target will offer Pride-themed adult apparel and home goods in “select stores, based on historical performance,” with the full collection available online. Target is not the only retailer dealing with this controversy.

Apparel 210

Apparel Planning Store Operations Customer Experience 210

Retail Next

FEBRUARY 13, 2020

The latest edition of the RetailNext Retail Performance Pulse has been published and is available for download, providing an overview of brick-and-mortar store performance for the retail month of January 2020 (January 5 through February 1 on the industry’s 4-5-4 calendar). points and 0.7 percent decline.

ATV 52

ATV ATS Retail Trends 52

Retail TouchPoints

FEBRUARY 2, 2024

UK-based travel retailer WHSmith is bullish on growth prospects for 2024, with plans to open more than 110 stores this year — and more than 50 of those openings will be in North America. We have a strong airport store opening program in the year with the majority of these stores due to open in the second half, as expected.”

Planning 262

Planning Shopping Store Operations ATS 262

Retail Next

JULY 21, 2021

In our latest webinar, we sat down with RetailNext’s Senior Retail Expert, Jacobo Rey and Hadrien Beacco, Head of Solution Engineering from YOOBIC to talk about why retail automation is critical for store performance. Let’s start easy: What is retail automation? Why is retail automation important?

Customer Experience 40

Customer Experience Fulfillment Returns Consumer 40

Retail Next

NOVEMBER 14, 2019

October performed its best during the third week of the month as sales, transactions, conversion, average transaction value, and shopper yield all saw increases compared to the same week last year. In short, sales performed best on Saturday, October 26th, while traffic and transactions performed best the following Saturday, November 2nd. .

ATS 52

ATS Retail Trends 52

Retail TouchPoints

FEBRUARY 29, 2024

It’s easy to understand, emotionally, why consumers would want to shop from a store that tailors its product assortments to the neighborhood they live in. For large chain retailers, it’s a way of letting the community know that consumers are seen and that the store wants to be part of the community. said can impact sales.

Shopping 242

Shopping Consumer Location Planning 242

Retail TouchPoints

MARCH 15, 2024

increase in comp store sales. For the coming fiscal year, the retailer is planning $800 million in CapEx expenditures to fund a major brick-and-mortar expansion that will enlarge its total store square footage by 2% — its largest physical expansion since 2017. In terms of capital, it will take about $11.5

Sporting Goods 264

Sporting Goods Returns Location Planning 264

Retail TouchPoints

FEBRUARY 27, 2024

(DBG), which has a portfolio of luxury lifestyle brands such as Bailey 44, DSTLD and Sundry , plans to open its first retail store in Dallas. As a result, executives forecast that the store will generate more than $1.5 million in annual revenue.

Wholesale 222

Wholesale Location Planning ATS 222

Retail TouchPoints

JANUARY 29, 2024

These are certainly applicable to what we’re seeing in the retail industry right now. We’re seeing a resurgence of retailers placing focus back on their physical stores. However, most are still relying on legacy traffic counting solutions that don’t measure some of the important metrics that retailers need.

Fulfillment 277

Fulfillment Fashion Shopping Management 277

Retail TouchPoints

MAY 6, 2024

In a pharmacy in Seattle, when the temperature in its drug storage refrigerator falls below protocols, an automated alert warns the store manager before temperature-critical medicines spoil. When the store is closed, lights go off to reduce energy bills — regardless of whether staff check every switch before they lock the door.

Store Operations 227

Store Operations Management Location Customer Experience 227

Inside Retail

MARCH 10, 2024

AKA Brands saw its annual sales dragged down by weaker performances in its Australia and New Zealand businesses. The fashion retailer’s net sales fell 10.7 The post AKA Brands’ sales dragged by weaker ANZ performance appeared first on Inside Retail Australia. per cent to $825.5 per cent to $306.4 million. .

Wholesale 264

Wholesale Fashion Marketing Accessories 264

Retail TouchPoints

MARCH 29, 2024

BJ’s Wholesale Club will open five warehouse club stores in Tennessee, South Carolina, Florida and Indiana. These will be the first of 12 new locations planned for BJ’s 2024 fiscal year, which will end in February 2025; the retailer also plans to open 15 gas stations during this period. its second store in the Hoosier State.

Wholesale 242

Wholesale Planning Location Marketing 242

Retail TouchPoints

MARCH 18, 2024

Google wants a bigger piece of the traffic driven by retail media advertising. To start getting it, the tech company has launched a new offsite retail media solution in closed beta. We see retail media as a cornerstone of the SA360 mission to drive reach, performance and productivity for advertisers.”

Advertising 302

Advertising Management Promotions Shopping 302

Retail TouchPoints

MAY 14, 2024

Skechers is bringing its brand to new audiences with a virtual store in Roblox aimed at younger consumers and a new co-branded collection with tractor brand John Deere designed for agricultural and construction professionals. Skechers Roblox Store Banks 3.4 Skechers Roblox Store Banks 3.4

Outdoor 208

Outdoor Accessories Apparel Consumer 208

Retail Focus

MAY 1, 2024

Peel Retail & Leisure has announced that Moss, the UK menswear destination, has selected Gloucester Quays for its next store, opening Saturday 4 th May 2024. Brian Brick , CEO , at Moss , added: “This store is a celebration of everything Moss stands for today; modernity, diversity and accessibility.

ATS 147

ATS Location Consumer Fashion 147

Inside Retail

MAY 16, 2024

Value retailer Miniso has posted double-digit increases in both revenue and profit for the quarter ended March 31, driven by the higher number of stores across all markets. million, attributed to the increase in average store count and an around 9 per cent same-store sales growth. per cent to US$346.5 per cent to US$169.2

Net Profit 130

Net Profit Marketing 130

Inside Retail

MAY 8, 2024

Swee Lee, Southeast Asia’s leading omnichannel musical instrument retailer, recently announced the grand opening of a music lifestyle store at Clarke Quay, a landmark F&B entertainment precinct beside the iconic Singapore River. This store is designed to cater precisely to this desire for a tactile experience.

Location 130

Location Management ATS Shopping 130

Inside Retail

AUGUST 16, 2023

Super Retail Group has reported record sales and improved profitability in full-year results. Group online sales fell 12 per cent to $445 million as customers returned to in-store shopping. Group online sales fell 12 per cent to $445 million as customers returned to in-store shopping.

Outdoor 246

Outdoor Accounting Returns Consumer 246

Retail TouchPoints

MARCH 27, 2024

The apparel retailer currently operates 84 stores across the country. Untuckit stores continue to be the backbone of our company,” said Founder Chris Riccobono in an interview with Yahoo!Lifestyle. Ultimately, we’re committed to bringing the Untuckit retail experience to everyone in America.”

Apparel 210

Apparel Payment Services Location Shopping 210

Inside Retail

NOVEMBER 9, 2023

CEO Elliott Rusanow said the group’s strategy to attract more people to its Westfield malls has driven “strong operating performance” for the business. We have commenced the $50 million repurposing of department store space at Westfield Mt Gravatt to introduce Uniqlo, Harris Scarfe and a range of specialty stores. billion, up 7.3

Specialty Store 277

Specialty Store Department Stores Shopping ATS 277

Retail TouchPoints

FEBRUARY 15, 2024

Skechers has opened store number 5,000 , in Bogotá, Colombia, nearly 30 years after opening its first store in Manhattan Beach, Calif. The sports apparel and performance shoe retailer’s first international store was in Japan; its 100th launched in NYC’s Times Square and its 3,000th debuted in China.

Apparel 275

Apparel Location Planning Consumer 275

Retail TouchPoints

SEPTEMBER 27, 2023

Target will close nine stores in four cities on Oct. 21, 2023, saying theft and organized retail crime are threatening the safety of its customers and associates and “contributing to unsustainable business performance,” according to a company statement. leaving 15 stores in this market. closed specific store locations.

Sporting Goods 251

Sporting Goods Store Operations Location Accounting 251

Retail TouchPoints

JANUARY 18, 2024

Digital Brands Group (DBG) — the parent company of a collection of digital-first lifestyle brands including Bailey 44 , Harper & Jones and Sundry — will open its first physical store in March 2024 and plans to have 50 locations within the next several years. ” DBG forecasts that each store will generate over $1.5

Planning 210

Planning Customer Retention Wholesale Location 210

Inside Retail

AUGUST 28, 2023

Trans-Tasman fast-food operator Restaurant Brands New Zealand’s performance continued to be impacted by rising inflationary environment during the six months ended June 30. Total store sales were $589.4 per cent year over year, supported by the opening of new stores and a stronger US dollar. Total store sales were $589.4

Net Profit 246

Net Profit Location Marketing 246

Inside Retail

AUGUST 21, 2023

Bedding and homewares retailer Adairs has reported a 10 per cent lift in group sales in FY23 with the Focus on Furniture brand performing well. million driven by a 7 per cent increase in-store sales while online sales fell 6 per cent however accounted for 27.1 For the year to June 25, group sales achieved $621.3 million, up 10.1

Accounting 245

Accounting Returns Management Shopping 245

Retail TouchPoints

MARCH 8, 2024

Off-price retailer Burlington Stores beat expectations for Q4 2023 (the 14 weeks ended Feb. 3, 2024), with total sales increasing 10% and comparable store sales growing 2% year over year. Another growth area O’Sullivan identified is ramping up store expansion. billion over the next five years.

Planning 229

Planning Location Accounting ATS 229

Inside Retail

FEBRUARY 26, 2024

Retail drinks and hospitality business Endeavour Group has posted a slight increase in sales for the fiscal first half, but net profit was down as the group previously expected. billion, driven by growth in both the retail and hotels segments. Group sales for the 27 weeks ended rose 2.5 per cent year on year to $6.7

Net Profit 259

Net Profit Finance Location Management 259

Retail Wire

JUNE 29, 2023

Retail associates are initially reluctant to embrace recommendations from artificial intelligence technology when performing their jobs. Most come to learn the benefits of the new tech but communication is key, according to companies such as Sam’s Club that use AI to improve in-store performance.

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Inside Retail

DECEMBER 20, 2023

Polo Ralph Lauren is growing its presence in Australia by opening a new store in Sydney’s Westfield Warringah Mall. The store stocks Polo Ralph Lauren men’s and women’s clothing, which will be available to customers right before Christmas.

Shopping 240

Shopping ATS Accessories Fashion 240

Inside Retail

FEBRUARY 27, 2024

So far the business has acquired 73 TAF stores. The group projects integration of the stores could add an incremental $170 million to owned sales annually. Accent will fund acquisition of the stores from resulting cashflow and existing debt facilities. In its half year 2024 results, the group revealed TAF has performed well.

ATS 245

ATS Accessories Fashion 245

Inside Retail

FEBRUARY 21, 2024

Godfreys, the vacuum cleaner retail group that collapsed into voluntary administration , has attracted the interest of multiple prospective bidders ahead of the deadline for indicative offers next week. The post Multiple potential bidders running the numbers on Godfreys appeared first on Inside Retail Australia.

Consumer 263

Consumer 263

Inside Retail

MAY 29, 2023

Shoemaker Jo Mercer has opened her first brick-and-mortar store, Matilda Life, in one of Melbourne’s biggest retail zones. The Matilda Life store features sustainable objects including Australian timber, natural Australian sandstone and Australian leather used throughout to enhance the shopping experience.

Apparel 246

Apparel Returns Location Shopping 246

Retail Focus

MARCH 20, 2024

Revo, the premium, high-quality, performance sunglass company, has announced the opening of its first U.S. brick-and-mortar retail store in Manhattan’s fashionable SoHo neighbourhood. The retail showroom is located at 436 West Broadway, one of the district’s most popular shopping areas.

Shopping 147

Shopping Fashion Location Customer Experience 147

Retail TouchPoints

MARCH 26, 2024

As part of its ongoing transformation program, Canada Goose has cut approximately 17% of its corporate jobs, a move that the retailer anticipates will yield immediate cost savings, a simpler organizational structure and accelerated decision-making. Canada Goose earned $609.9 million (Canadian) in its Q3 for 2023, which ended Dec.

Finance 229

Finance Location Management Store Operations 229

Inside Retail

FEBRUARY 19, 2024

Retail Food Group swung to a net income despite lower revenue in the fiscal first half, thanks to an increase in average transaction value and the company’s acquisition of Beefy’s Pies. million while same-store network sales climbed 3.2 million while same-store network sales dipped 1.3 million while revenue fell 1.4

Net Profit 289

Net Profit ATS 289