Retail TouchPoints

OCTOBER 17, 2024

Bloomingdale’s will open its fourth small-format Bloomie’s store on Nov. 14, 2024, at The Grove Shopping Center in Shrewsbury, N.J., joining the three existing locations in Seattle; Fairfax, Va.; and greater Chicago. The newest Bloomie’s location will be the first to carry an all-women’s assortment , including a curated collection of contemporary ready-to-wear, accessories, beauty and fine jewelry.

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Location Jewelry Accessories Returns 261

Retail Wire

OCTOBER 15, 2024

Walgreens has reported earnings above analysts' expectations, but the company is moving forward with previously announced store closings.

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Retail Wire

OCTOBER 12, 2024

7-Eleven has recently released its financial reports for the most recent quarter, and in a surprise move, has decided to close hundreds of its store locations in North America.

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Location 290

Inside Retail

OCTOBER 13, 2024

Foot Locker will launch its first reimagined concept store in Australia at Melbourne Central this Friday. The store will feature Foot Locker’s ‘Home Court’ experience, a multi-brand destination developed in partnership with Nike and Jordan. Its product offer will include on-court and off-court items from Nike, Jordan, Adidas, Puma, New Balance, and Under Armour.

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Advertiser: Experience Retail Today

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

Fashion

Retail Dive

OCTOBER 15, 2024

While online shopping is returning to pre-pandemic behaviors, there is a generational divide between those who shop on computers versus mobile devices, according to Experian.

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Shopping Planning Returns 124

Retail Customer Experience

OCTOBER 15, 2024

AI is here to stay, but it’s moving so fast, it’s hard to know where it’s going. From our daily lives as consumers to our operations in business, it’s hard to keep up with the changes and trends that are transforming entire industries virtually overnight — and sometimes repeatedly.

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Inside Retail

OCTOBER 14, 2024

Harvey Norman has opened its first store in England, at the Merry Hill shopping centre in West Midlands. The store features appliances from well-known brands such as Dyson, Shark, Apple, Samsung, LG, Miele, and Sage, as well as furniture from sofas and dining sets to bedroom suites and mattresses. It also offers an assortment of smaller items, including kitchenware. “With over 300 stores in eight countries across the globe, it will be no surprise that we have been wanting to make our entra

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ATS Location Shopping Marketing 262

Retail Dive

OCTOBER 15, 2024

The drugstore retailer’s plans reverse its expansion ambitions from a few years ago, when the company attempted to merge with rival Rite Aid.

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Planning 130

Retail Gazette

OCTOBER 16, 2024

Shein has enlisted more banks to help it line up its potential initial public offering in London. Barclays Plc and UBS Group AG have been appointed as bookrunners for the upcoming flotation on the London Stock Exchange, Bloomberg reported. The fast fashion giant has been working with the likes of Goldman Sachs Group Inc, JPMorgan Chase & Co and Morgan Stanley on its preparations.

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Retail TouchPoints

OCTOBER 15, 2024

Privately held hardware wholesaler True Value has filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware as it prepares to sell “substantially all” of its business operations to rival Do it Best Corp. During the reorganization process, the 75-year-old retailer will continue to operate its 4,500 stores, which are independently owned, except for a corporate-owned location in Palatine, Ill.

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Wholesale Location Planning Store Operations 264

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

Customer Experience

Retail Wire

OCTOBER 10, 2024

Krispy Kreme has announced an exciting promotion to commemorate the launch of its donuts at McDonald's locations in the Chicago area, starting October 15. As part of this initiative, the donut chain is offering a free Original Glazed donut to anyone who brings in and shows a McDonald's receipt between October 10 and 14 at participating Krispy Kreme shops across the country.

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Promotions Location Shopping ATS 237

Inside Retail

OCTOBER 14, 2024

South Korean luxury eyewear brand Gentle Monster has opened its first flagship boutique in Australia, in collaboration with omnichannel brand distributor Bluebell Group. Located at Chadstone Shopping Centre in Melbourne, the 250sqm flagship offers Gentle Monster’s full range of product and experience to Australian consumers. The store features giant head kinetic objects highlighting the brand’s compelling visual narratives.

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Boutique Department Stores Fashion Consumer 255

Retail Dive

OCTOBER 15, 2024

The 75-year-old brand, whose stores are largely excluded from the bankruptcy, is seeking court approval to sell itself to rival Do it Best for $153 million.

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Retail Gazette

OCTOBER 14, 2024

Victorian Plumbing is set to Victoria Plum, the rival it acquired in May, after incurring a nearly £2m loss since the purchase. The retailer said it plans to cease operations by 31 December after it recently finalised a consultation process with Victoria Plum’s workforce. In a trading update for the full year ending September, the bathroom specialist said it expects its adjusted EBITDA for the year to meet market expectations, fueled by strong customer demand.

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Planning Marketing ATS 111

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Retail TouchPoints

OCTOBER 14, 2024

As social media and digital connectivity continue to shape consumer behavior, especially among younger generations, brands are increasingly focusing on how to leverage fandoms and community to connect with young shoppers. (From left to right) Palmar Haasch of Business Insider moderates a session with Webtoon Entertainment’s Alessandra Ferreri, Chris Mathieu and Megan Weales at Advertising Week NY.

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Retail Wire

OCTOBER 12, 2024

Tesla CEO Elon Musk unveiled the highly anticipated "Cybercab" during a presentation on October 10, 2024, announcing that production is set to begin in 2026, with an expected price point of under $30,000.

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Inside Retail

OCTOBER 13, 2024

Shopping strips across Melbourne are experiencing lower than average vacancy-rates, which could be due to more people working from home. According to the latest Walk the Strip report from Fitzroys, there has also been a notable increase in food and beverage, service retail, and specialty retail across these local shopping precincts. This latest report follows an encouraging trend for business owners who occupy the city’s shopping strips.

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Shopping Specialty Retailers Location ATS 246

Retail Dive

OCTOBER 11, 2024

The retailer also aims to generate $520 million through sale-leasebacks of an undisclosed number of stores as its parent company slashes its profit forecast and spins off non-core segments.

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Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

Finance

Retail Gazette

OCTOBER 13, 2024

The value of Selfridges’ property portfolio was cut by over half a billion pounds last year, according to accounts from the luxury retailer’s property holding company. The accounts show valuers have cut the valuation of its £3.1bn property assets – which include its Oxford Street flagship in London – by £638.6m, a 20.6% drop. Over £1.7bn in loans, maturing in August 2025, are secured against Selfridges’ freehold property, The Sunday Times reported.

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Department Stores Accounting Marketing 116

Retail TouchPoints

OCTOBER 15, 2024

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. In June 2024 Walgreens had outlined turnaround plans that would include the closure of a “significant number of underperforming stores,” according to CEO Tim Wentworth.

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Retail Wire

OCTOBER 10, 2024

Starting Oct. 31, Taco Bell will launch the Chicken Al Pastor Street Chalupas in select locations — but only in Minneapolis for the time being.

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Location 263

Inside Retail

OCTOBER 13, 2024

It has been seven years since Amazon acquired the American grocery chain Whole Foods Market, but from its perspective, it is still only scratching the surface of the grocery sector. However, at last week’s Delivering the Future event in Nashville, Tennessee, the retail giant announced major plans to combine choice and convenience for its customers. “The way we see it: It’s still Day 1,” stated Tony Hoggett, senior vice president of worldwide grocery stores at Amazon.

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Planning Supermarket Fulfillment Shopping 242

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Shopping

Retail Dive

OCTOBER 14, 2024

Rare Beauty and Target have taken steps to develop guidance around universally accessible design. But the industry isn’t prioritizing it yet.

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Retail Gazette

OCTOBER 14, 2024

Australian bootmaker RM Williams is targeting the UK’s affluent regions as its owner looks to boost its international presence. The leather goods retailer opened its third UK store this week in Buckinghamshire’s Marlow and will open another in Cambridge in December, The Financial Times reported. The brand, including its popular Chelsea boots, will also be stocked in Selfridges and Harrods later this month.

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Planning Fashion 108

Retail TouchPoints

OCTOBER 11, 2024

Walmart will work with Solar Landscape to support 74 commercial rooftop solar projects that are expected to come online in 2024 and 2025 and create nearly 43 megawatts of solar capacity for communities in Maryland and Illinois. Approximately half of the portfolio is designed to reduce energy costs for low- and moderate-income households, and Solar Landscape estimates that the combined projects will save consumers about $1 million annually on energy bills.

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Consumer 278

Retail Wire

OCTOBER 13, 2024

Pok developer Gamefreak has just issued an official apology on their Japanese website stating that they were hacked.

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ATS

Inside Retail

OCTOBER 10, 2024

Some of Europe’s largest fashion companies will start collecting discarded clothes from April as part of a voluntary pilot scheme to manage textile waste that anticipates EU regulations expected to come into force in 2026. Zara owner Inditex, Sweden’s H&M, France’s Decathlon, Ikea and UK-headquartered Primark are among 10 brands that will participate in a trial that will separate textiles and shoes from other waste collection so they can be reused or recycled, according to

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Fast Fashion Fashion Management Planning 240

Retail Dive

OCTOBER 11, 2024

The Denver-based retailer filed for Chapter 11 bankruptcy in May and intended to restructure. That plan fell through, CEO Mike Fogarty said Monday.

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Marketing Planning 130

Retail Customer Experience

OCTOBER 15, 2024

By embracing AI-first search and product discovery technology, retailers can transform the endless aisle from a labyrinth of overwhelm to a paradise of possibility. This translates to a more navigable and efficient shopping experience for customers.

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Shopping 104

Retail TouchPoints

OCTOBER 10, 2024

Walmart will leverage proprietary AI, generative AI and retail-specific Large Language Models (LLMs) to provide hyper-personalized customer experiences and improve customer service. Additionally, the retail giant has developed an augmented reality (AR) platform that uses AI to create tens of thousands of 3D assets as well as immersive commerce APIs, enabling Walmart shopping experiences that are embedded in new virtual social environments.

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Returns Customer Experience Planning Shopping 279

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

Shopping