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7-Eleven Plans 500 New ‘Food-Forward’ Stores by 2027

Retail TouchPoints

Seven & i Holdings , parent company of 7-Eleven , plans to open 500 new “food-forward” convenience stores between 2025 and 2027. The c-store giant’s road to the new store design began with its Evolution store format, which was launched in March 2019 with a store in Dallas.

Planning 277
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ARA, NRA announce merger plan

Inside Retail

The Australian Retailers Association and the National Retail Association have finally signed a heads of agreement on a proposal to merge, a plan that was called off in 2019. The post ARA, NRA announce merger plan appeared first on Inside Retail Australia.

Planning 290
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Navigating the Tariff Era: A Strategic Roadmap for Retailers

Retail TouchPoints

The Scars of the 2018-2019 U.S.-China China trade war of 2018-2019 offers a cautionary tale about the far-reaching consequences of tariffs. And finally, conduct scenario planning by building models to prepare for multiple outcomes, prioritizing investments in high-margin categories and diversifying risk.

Apparel 278
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Despite Subscription Declines, Rent the Runway Plans to Go Public

Retail TouchPoints

Rent the Runway — which allows users to rent, subscribe and buy designer apparel and accessories — plans to list on the NASDAQ under the ticker “RENT.”. In 2020, Rent the Runway’s active subscriber base totaled just under 55,000 , a sharp decline from the 133,500 in 2019. million in 2019. million from $256.9

Planning 320
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IKEA Planning Studio Concept Heads West With Two Los Angeles Stores

Retail TouchPoints

IKEA will expand options for urban customers on the West Coast with two planning studios in the Los Angeles area set to open in spring 2022: one in Long Beach and a second in a yet-to-be-determined location. Shoppers will be able to book appointments with design specialists to help with both planning and ordering home furnishings.

Planning 298
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Amazon Nearly Quadruples Same- and Next-Day Prime Delivery Volume Over 2019

Retail TouchPoints

Prime members the same or next day, nearly 4X the number of orders delivered at those speeds by this point in 2019, according to Doug Herrington, CEO of Worldwide Amazon Stores. recordable incident rate and a 69% reduction in its lost time incident rate from 2019 to 2022. So far this year the company has delivered more than 1.8

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Macy’s Plans Online Marketplace Launch for 2022, Reconsiders 60 Store Closures

Retail TouchPoints

Additionally, the retailer will adjust its 125 planned closings for 2023 by closing an additional 10 stores in January 2022, but taking a second look at another 60 that were intended to go dark. The change in closure plans goes hand in hand with the retailer’s expanded digital presence. compared to Q3 2019.

Planning 290