Retail TouchPoints

JULY 12, 2024

Back in May 2023 Costco said it would delay planned membership fee hikes, citing the impact of inflation on consumers. Along with the fee hikes, Costco also is raising the maximum annual 2% cash back total from $1,000 to $1,250 per member.

Planning 162

Planning Consumer ATS Customer Experience 162

Retail TouchPoints

MARCH 3, 2022

Target has big plans for 2022, with the retailer announcing plans to invest up to $5 billion this year to open new stores, enhance its digital, fulfillment and supply chain capabilities, and expand its shop-in-shop concept with Ulta Beauty. and New York’s Times Square.

Payment Services 246

Payment Services Shopping Planning Fulfillment 246

Retail TouchPoints

AUGUST 18, 2020

After emerging in January from its second stint in bankruptcy since 2017, Payless “is back,” the retailer trumpets on its newly launched e-Commerce site. Margolis plans to rein in costs with such strategies as negotiating leases that use a percentage of store revenue to pay a share of the rent rather than a fixed payment.

Planning 225

Planning Payment Services Brand Management Location 225

Inside Retail

JUNE 12, 2023

Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.

Planning 244

Planning Wholesale Point of Sale Marketing 244

Retail TouchPoints

JULY 20, 2023

Amazon acquired Whole Foods in 2017 for $13.7 “Since we’ve introduced Amazon One at Whole Foods Market stores over the past two years, we’ve seen that customers love the convenience it provides, and we’re excited to bring Amazon One to all of our customers across the U.S.” billion.

Payment Services 246

Payment Services Planning ATS Supermarket 246

Retail TouchPoints

JANUARY 12, 2023

Mattress Firm has withdrawn its plans for an IPO this year, according to documents filed with the SEC. In 2017, Mattress Firm filed for bankruptcy to facilitate a prepackaged restructuring that included the closure of 700 underperforming stores. Today, Mattress Firm operates 2,300 stores across the U.S.

Marketing 311

Marketing Accounting Planning Returns 311

Inside Retail

AUGUST 22, 2021

More recently, the company’s offline efforts have been in the convenience space, with the launch of its cashierless Amazon Go stores, and grocery, following its acquisition of the upscale US grocery chain Whole Foods in 2017. In April, Amazon opened a hair salon in London. So I’m not surprised by the move,” Facioni told Inside Retail.

Department Stores 246

Department Stores Planning Checkout Fulfillment 246

Retail TouchPoints

APRIL 19, 2024

The department store retailer previously tried to go private in 2017 in a deal that ultimately fell apart, according to CNBC. Nordstrom’s current plans to explore going private were first reported by Reuters in March 2024.

Department Stores 278

Department Stores Planning Marketing 278

Retail Dive

MARCH 14, 2024

The sporting goods retailer is opening eight House of Sport stores in 2024, as well as 16 next-generation locations as it increases store investments.

Sporting Goods 119

Sporting Goods Planning Location 119

Retail TouchPoints

DECEMBER 10, 2024

In 2017, Dillards faced similar activist pressure based on undercapitalization of its real estate assets). Dillards stockholders have benefitted greatly from this plan, seeing a total return in their shares of +788% versus Macys of -12%. shares down 13% since the plan was announced (according to S&P Capital IQ as of Dec.

Returns 293

Returns Planning Department Stores Management 293

Inside Retail

MAY 9, 2024

The company plans to relaunch Tigerlily early next year following a restructure, according to sources with knowledge of the deal. The brand was acquired by Crescent Capital in 2017, but fell into voluntary administration in March 2020, largely due to the impact of Covid-19.

Planning 279

Planning Accessories Fashion 279

Retail TouchPoints

MARCH 15, 2024

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. Dick’s Sporting Goods posted strong results in fiscal 2023, which ended Feb. increase in comp store sales.

Sporting Goods 290

Sporting Goods Returns Location Planning 290

Retail TouchPoints

JUNE 24, 2024

The lawsuit, filed in 2017, alleged that Founder and then-CEO Kevin Plank knowingly or recklessly misrepresented facts regarding consumer demand for Under Armour’s products as well as the company’s financial and operating results, according to the Wall Street Journal. 16, 2015 and Nov. billion revolving credit facility.

Accounting 264

Accounting Payment Services Returns Planning 264

Retail TouchPoints

SEPTEMBER 29, 2020

Ascena filed for Chapter 11 bankruptcy protection in July, and is currently finalizing a plan that would cut its debt by approximately $1 billion and give ownership of the remaining assets to lenders including Bain Capital and Monarch Alternative Capital. Ascena already is planning to sell Catherines to FULLBEAUTY Brands for $40.8

Planning 264

Planning Store Operations 264

Retail TouchPoints

AUGUST 6, 2024

Aldi began working with Instacart in 2017 and in June 2023 debuted Aldi Express, a virtual convenience store offering nearly 2,000 of its most-shopped items for delivery. “By In March 2024 Aldi laid out plans to add 800 U.S. Aldi will roll out Instacart Connected Stores solutions across all Aldi South Group locations in the U.S.,

Fulfillment 290

Fulfillment Shopping Location Marketing 290

Retail TouchPoints

JUNE 26, 2024

“As we execute our 2024 plans and look to the future, we’re putting key leaders and capabilities in place to sustain profitable growth over the long term,” said Brian Cornell, Chair and CEO of Target in a statement. Gomez joined Target in 2013 and was named to the leadership team in 2017.

Accessories 262

Accessories Apparel Advertising Marketing 262

Inside Retail

SEPTEMBER 11, 2023

Since its expansion into Australia in 2017, the retailer has opened 78 stores including the new TK Maxx store in WA. Having doubled its presence across Australia, the company plans to open further stores in Perth in the coming years as part of its continued national growth strategy.

Accessories 279

Accessories Fashion Planning Shopping 279

Retail TouchPoints

APRIL 25, 2023

Canada Goose has named Matt Blonder as its first-ever Chief Digital Officer (CDO), one of five key appointments designed to drive the retailer’s five-year strategic growth plan. Having joined Canada Goose in 2017, Bourke previously led the retailer’s investor relations and strategy functions.

Planning 305

Planning Consumer Management Marketing 305

Inside Retail

OCTOBER 3, 2024

Cosmetique, an Australian national cosmetic and injectables chain, has announced plans for a $17.5 With new clinic sites already slated for 2025, the expansion will involve opening four new clinics in New South Wales and Victoria initially, with more planned for following years. million ASX listing of parent company Stormeur.

Beauty and Health 243

Beauty and Health Planning Management Marketing 243

Retail TouchPoints

NOVEMBER 18, 2022

million people plan to shop between Thanksgiving Day and Cyber Monday in 2022, representing 69% of all holiday shoppers, according to a survey conducted by the National Retail Federation (NRF) and Prosper Analytics. This would be nearly 8 million more people than in 2021 and the highest estimate since NRF began tracking the data in 2017.

Shopping 289

Shopping Department Stores Planning Accounting 289

Retail TouchPoints

JULY 15, 2021

Walmart also plans to upskill its associates with knowledge about how to use the new equipment, which will better prepare them for future jobs and reduce the need to directly handle freight. Walmart and Symbotic have been working together since 2017, when the companies launched a pilot of the automation system at a Brooksville, Fla.

Shipping 290

Shipping Customer Experience Planning ATS 290

Retail TouchPoints

OCTOBER 13, 2021

The company has been profitable since 2017. The company plans to add more than 100 additional stores in the U.S. The company plans to add more than 100 additional stores in the U.S.

ATS 264

ATS Wholesale Apparel Shipping 264

Retail TouchPoints

MAY 6, 2022

Just five months after the opening its first brick-and-mortar store in Las Vegas, size-inclusive lingerie brand Savage x Fenty is planning to more than double its physical footprint, from five locations to 11. metro area.

Retail Trends 293

Retail Trends Location Planning Consumer 293

Retail TouchPoints

DECEMBER 7, 2021

The announcement of Alibaba’s CFO transition today is the culmination of extensive preparation over many years and a part of Alibaba’s leadership succession planning,” said Wu in a statement. From 2014 to 2017, she was Alibaba’s Chief Customer Officer. com , AliExpress and Taobao Deals.

Wholesale 277

Wholesale Consumer Marketing Planning 277

Retail TouchPoints

OCTOBER 22, 2021

He will succeed Marco Gobbetti, who was named Burberry CEO in 2017. I am looking forward to returning to London, where I first built my career in the luxury industry, to join a talented team with ambitious plans for the future and a strong platform to accelerate growth.”.

Department Stores 278

Department Stores Fashion Returns Customer Experience 278

Retail TouchPoints

JULY 20, 2020

In a planned leadership transition, Michael Witynski has been named CEO of Dollar Tree. Gary Philbin, the company’s CEO since September 2017, is retiring but will serve as a member of the board through September 23, 2020. In December, Witynski was promoted from President and COO to a newly created position of Enterprise President.

Promotions 248

Promotions Supermarket Customer Experience Planning 248

Retail TouchPoints

OCTOBER 8, 2021

It appears the ecommerce giant is using these brick-and-mortar locations primarily for consumer and market testing purposes, but Amazon has released little data about plans or timetables for additional openings. Closer to home, Amazon is reportedly planning to open department stores in the U.S. carrying clothes, electronics and more.

Department Stores 316

Department Stores Location Planning Fashion 316

Retail TouchPoints

JANUARY 10, 2022

The company said in a statement that it plans to list on the New York Stock Exchange under the symbol MRFM, the same ticker it used in its previous listing on the Nasdaq. In 2017, Mattress Firm filed for bankruptcy to facilitate a prepackaged restructuring that included the closure of 700 underperforming stores.

Specialty Retailers 278

Specialty Retailers Accounting Location Returns 278

Retail TouchPoints

JUNE 16, 2023

Dunn originally departed from Walmart and Bonobos in 2020 but did not provide information about the reasons for his departure or his future plans. Express plans to leverage its own strengths in the men’s fashion space to boost Bonobos’ presence in underpenetrated categories as well as drive greater brand awareness and customer acquisition.

Fashion 278

Fashion Customer Experience Planning Management 278

Retail TouchPoints

JUNE 6, 2022

This is the third time Schultz has served as Starbucks’ CEO, a role he held from 1986 to 2000, and from 2008 to 2017. Johnson plans to work with the company as a special consultant and remain on its board until September 2022. “In

Returns 278

Returns Planning 278

Inside Retail

DECEMBER 15, 2023

The group plans to use the proceeds to further invest in its Australian rural outfitting brand RB Sellars, with more stores expected to open across Australia and New Zealand. It acquired Driza-Bone in 2017 and Rossi Boots in 2020. Family-owned Propel Group is an Australian entity inspired by the landscape with community at its core.

Apparel 264

Apparel Planning Marketing ATS 264

Retail TouchPoints

DECEMBER 20, 2021

Sears is planning for the sale or redevelopment of its Hoffman Estates, Ill. The retailer declined to share the current number of employees at its Hoffman Estates office, but state filings show there were 4,411 workers as of 2017. corporate headquarters, according to The Chicago Tribune and CNBC.

Department Stores 264

Department Stores Planning ATS Store Operations 264

Retail TouchPoints

FEBRUARY 2, 2022

In that role he was responsible for operational planning and prioritization, partner operations, M&A integration and process improvement initiatives across supply chain, stores and properties. Shipt was acquired by Target in late 2017 and is run independently in Birmingham, Ala. division of Yum!

Planning 264

Planning Shopping Marketing ATS 264

Retail TouchPoints

DECEMBER 4, 2024

In fact, shortly after Calpak’s in-store and online partnership with Nordstrom began in 2017, it quickly became a top brand in the retailer’s search bar, reaffirming the potential to expand into brick-and-mortar. Calpak undoubtedly tapped into the learnings from its pop-up to better plan for the LA store’s opening.

Wholesale 296

Wholesale Planning Accessories Marketing 296

Retail TouchPoints

SEPTEMBER 28, 2021

Amazon acquired Whole Foods in 2017 and introduced a free two-hour delivery option in 2018 as it steadily expanded the grocer’s delivery footprint. In response, 81% of retailers are planning to increase investment in more complex last-mile initiatives over the coming year, according to Convey. Manchester, N.H.;

Shipping 306

Shipping Consumer Planning Marketing 306

Inside Retail

FEBRUARY 13, 2024

Global investment manager LaSalle, which acquired the property in 2017, said that 17 new and existing tenants have already signed leasing agreements at the centre. “What workers want is more relevant cuisines and great spaces for their breakfast and lunch breaks.”

Returns 258

Returns Management Planning ATS 258

Retail TouchPoints

APRIL 14, 2023

Walmart is parting with the menswear brand at a significant loss — the retail giant acquired Bonobos for $310 million in 2017 as part of a successful push to boost its digital sales. Bonobos is delivering double-digit sales growth and we plan to continue that momentum while also realizing operating synergies and other economies of scale.

Planning 274

Planning Fashion Customer Experience ATS 274