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JD Sports Completes $548 Million Purchase of French Sneaker Retailer

Retail TouchPoints

UK-based JD Sports has acquired Groupe Courir , a 323 -store sneaker retailer with locations in France, Spain, Belgium, the Netherlands, Portugal and Luxembourg. The deal, first announced in May 2023, will require Courir to sell 15 stores in France and all six stores in Portugal to Snipes. The €520 million ( $548.1

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With Store Expansion on the Agenda, Princess Polly Doubles Down on its ‘Trendsetter’ Reputation

Retail TouchPoints

Princess Polly positions itself right in the center of the Gen Z zeitgeist, and its newest physical location also has surrounded itself with young brands. As a result, stores have had to develop operational competencies that allow them to consistently add 30 to 50 new styles to the floor every single week, according to Dres.

Fashion 147
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How Michaels Reconfigured its Fulfillment Models to Dramatically Enhance Ship-From-Store Performance

Retail TouchPoints

It’s not that this fulfillment method wasn’t popular — the arts and crafts retailer shipped nearly 3 million orders from its 1,300+ stores across the U.S. But the lack of a systematic approach to assortment and order prioritization meant that individual stores were shipping items to too many far-away locations.

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Olympia Sports Files for Bankruptcy, Plans to Close Remaining Stores by Sept. 30

Retail TouchPoints

Currently, the retailer sells exclusively through its remaining physical stores following a late entry into the ecommerce space that began in 2018 and ended in April 2022. In that same month, Olympia decided to liquidate 22 of its stores, and in July 2022 the company made the decision to close the rest of its locations.

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Japan’s luxury secondhand sector gains popularity as tourism booms

Inside Retail

Both domestic and international sales of 2nd Street stores showed robust growth, particularly in luxury secondhand merchandise, amid rising consumer inflation and expansion of the resale market. Entering the US in 2018, 2nd Street had 43 stores in the country at the end of November. billion yen (US$5.4

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Issa Brothers’ $13bn EG Group IPO could go public this year

Retail Gazette

Related Story Issa Brothers eye $14bn float for EG Group 30/12/2024 x 8:34 AM It is understood that the petrol giant would float under the name of Cumberland Farms, an American c-store operator that it purchased six years ago. The Issas have also built up their EG empire across the pond to operate across 30 states.

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Stop & Shop to Close 32 Underperforming Stores in Northeast by November

Retail TouchPoints

Reid noted that the retailer has completed more than 190 store remodels since 2018 and that these stores are outperforming non-remodeled Stop & Shop locations. The retailer will close 10 stores in New Jersey, eight in Massachusetts, seven in New York, five in Connecticut and two in Rhode Island.

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