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The Reject Shop plans more stores as sales surge

Inside Retail

Discount variety retailer The Reject Shop plans to open more stores this year to support sales growth and increase profitability. The chain currently has 386 stores nationwide, having opened 67 new stores and closed 35 underperforming ones since June 2020.

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Loblaws Plans 80 New Stores in 2025 as Retailer Doubles Down on Discounting

Retail TouchPoints

As part of Loblaws plans to invest $2.2 Loblaws also will renovate more than 300 grocery and pharmacy locations, including adding approximately 100 new Shoppers Drug Mart pharmacy care clinics, and plans to continue modernizing its supply chain, including the opening of a new 1.2

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How AI-Driven Search and Personalization Boosted AOV 5.5% for Freedom Furniture

Retail TouchPoints

But the merchant was suffering from a bit of an image problem that made it seem fusty and old-fashioned, a situation that led to a companywide turnaround plan initiated in 2020. In the words of Paula Mitchell, Digital General Manager, We wanted consumers to think of Freedom not as your mums brand but as your best friends brand.

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Lord & Taylor to Relaunch as Discount Luxury Ecommerce Site

Retail TouchPoints

Regal Brands Global , the new owner of iconic department store brand Lord & Taylor , plans to relaunch it as a discount luxury ecommerce platform in 2025. Lord & Taylor was an early victim of COVID; the retailer closed all its physical stores in 2020.

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Building Supply Chain Resilience in the Real World

Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC

Since 2020, procurement and supply chain professionals have faced an unprecedented set of challenges. The pandemic was just the start.

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Coresight Predicts Store Closures will Spike to 15,000 This Year

Retail TouchPoints

Supporting these expectations is the fact that more than 2,000 planned closures already are underway this year. store closures totaled 7,325 , the highest number since 2020, when Coresight tracked almost 10,000 closures. Coresight reports that major U.S. retailers have announced 29.6% fewer openings and 334.3% In 2024, U.S.

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Tractor Supply Plans 100 New Stores Plus Additional DC in 2025

Retail TouchPoints

In 2024, our business performed well in a challenging retail environment, and we made significant progress on our Life Out Here strategy, said Hal Lawton, President and CEO of Tractor Supply in a statement, referring to the retailers long-term strategic roadmap revealed in October 2020.

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