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CVS Plans to Close 271 Stores in 2025 as Part of Multi-Year Savings Plan

Retail TouchPoints

These closures are in addition to the 900 stores CVS shuttered between November 2021 and December 2024; the retailer still operates more than 9,000 locations.

Planning 262
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Apple Expands to Saudi Arabia with Plans for Online and Physical Retail Presence

Retail TouchPoints

Apple plans to launch an online store in the Kingdom of Saudi Arabia in summer 2025, providing consumers in the country with service and support directly from Apple in Arabic. And beginning in 2026, the tech retailer plans to open several flagship physical locations, including one in Diriyah, a UNESCO World Heritage site.

Planning 275
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Residential development forecasts take the risk out of store location planning

Inside Retail

Traditionally, major retailers worldwide have had to rely on local government data and interpreting planning policies to determine where to land bank for future developments and where to consider rebuilding, upgrading or expanding existing stores. Their insights help communities and decision-makers plan for the future.

Location 244
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Exclusive: New owner of SurfStitch, Ginger & Smart plans to relaunch the brands

Inside Retail

Best Markets, which is part of the multi-vendor gift card company Best Gift Group and the new owner of SurfStitch and Ginger & Smart, plans to relaunch the failed Australian apparel retailers following a restructure. It then placed Alquemie Retail Operations into voluntary administration on June 6. “The

Planning 130
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Former Lovisa boss to launch jewellery chain

Inside Retail

Former Lovisa CEO Shane Fallscheer is launching his jewellery business, Harli + Harpa, which plans to roll out several stores by Christmas. The new retailer will market itself as “Your walk-in jewellery box” and open a store at Sunshine Plaza, among other planned locations.

Planning 264
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UNIQLO Parent Plans 300-Store Global Expansion with Focus on North America

Retail TouchPoints

Fast Retailing , parent company of brands including UNIQLO and Theory , revealed major global expansion plans — including opening at least 300 new stores — in its FY2023, which ends in July 2023. The retailer’s growth plans are being fueled by strong results for the six months that ended in February 2022.

Planning 330
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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. After relaunching itself as a digital-only retailer in April 2021 under the ownership of Saadia Group , Lord & Taylor added a retail media network to its offerings in December 2022.