Retail TouchPoints

JUNE 2, 2022

billion during FY2021, which ended April 2, 2022, The Container Store revealed that it is planning to open 74 new stores by FY2027. million in December 2021; Promoting its new branding campaign, Welcome to The Organization , with a 22% discount welcome offer on Feb. Following a net sales increase of 10.5%

Location 307

Location Planning Promotions Marketing 307

Retail TouchPoints

DECEMBER 16, 2024

The parent company announced plans to roll out brick-and-mortar Toys R Us flagship stores in September 2023 in a partnership with Go! flagship location had opened in New Jerseys American Dream mall in December 2021. Retail Group , including a store in the Mall of America. The initial U.S.

Wholesale 265

Wholesale Location Shopping Marketing 265

Retail TouchPoints

APRIL 11, 2022

The company — which operates 650 locations under the DSW Designer Shoe Warehouse and The Shoe Company banners —announced plans to nearly double sales of its owned brands, from 19% of the business to one-third by fiscal 2026 (the fiscal year ending January 30, 2027).

Planning 329

Planning Sporting Goods Accessories Apparel 329

Retail TouchPoints

NOVEMBER 19, 2024

DoorDash also has introduced a one-year discounted DashPass plan for SNAP/EBT recipients for $4.99 Additionally, the platform has improved its DoubleDash offering; since its introduction in 2021, shoppers have been able to add items from an additional store after checking out without incurring an additional delivery fee.

Merchant Services 276

Merchant Services Shopping Payment Services Checkout 276

Retail TouchPoints

JANUARY 11, 2023

Bed Bath & Beyond reportedly plans more layoffs and will eliminate the Chief Transformation Officer role currently held by Anu Gupta, according to an internal memo from CEO Sue Gove seen by CNBC. The retailer had approximately 32,000 employees as of Feb. 26, 2022, according to a company filing.

Planning 312

Planning Location ATS 312

Retail TouchPoints

FEBRUARY 13, 2025

The grand reopening of Z Gallerie (as Karat Home is framing it) includes an enhanced online shopping experience as well as plans to reestablish the brands physical presence and the launch of a membership program. Plans for limited-edition collections also are in the works.

Home Furnishings 278

Home Furnishings Planning Shopping Marketing 278

Retail TouchPoints

DECEMBER 21, 2022

FedEx is planning to cut an additional $1 billion in costs, citing weak demand that led to a disappointing profit for Q2 2023, which ended Nov. The reductions will add to cost-cutting measures announced in September to bring FedEx’s total fiscal savings plan for 2023 to $3.7 FedEx had expected revenue of $23.7

Planning 289

Planning Management Consumer Fulfillment 289

Retail TouchPoints

MARCH 9, 2023

The retailer also plans to exit its Field & Stream banner; after closing 12 of those stores in Q4 2022, which ended Jan. The retailer: Introduced its House of Sport concept store in April 2021; Debuted its Going, Going, Gone! The retailer’s expansion plans come on the heels of a fairly strong fiscal year: net sales rose to $12.4

Location 264

Location Sporting Goods Planning Discount Store 264

Retail TouchPoints

SEPTEMBER 29, 2023

brick-and-mortar retailing in late 2021 with a 20,000-square-foot flagship store at New Jersey’s American Dream mall , followed by 452 Toys ‘R’ Us shop-in-shops at Macy’s in 2022. No information about the number of planned stores or their opening dates was available. Toys ‘R’ Us marked its initial return to U.S.

Planning 299

Planning Specialty Retailers Shipping Returns 299

Retail TouchPoints

NOVEMBER 15, 2024

Saks Fifth Avenue’s parent company, HBC , announced its plans to acquire competing luxury department store Neiman Marcus in July 2024 for $2.65 In 2021 and 2022, Saks Fifth Avenue was a winner of Retail TouchPoints’ sister publication Design:Retail ’s Winning Windows Awards. Saks Continues Other Holiday Traditions on Fifth Ave.

Department Stores 264

Department Stores Planning Store Operations ATS 264

Inside Retail

MARCH 8, 2024

A group of investors, including Edison Growth Fund Accent Group, Accent Group CEO Daniel Agostinelli, and billionaire businessman Brett Blundy, purchased a share in the company for an undisclosed price, after Oz Hair and Beauty generated $2 million per month and it was expected to treble its revenue to $40 million by 2021.

Planning 264

Planning Retail Trends Location Beauty and Health 264

Inside Retail

SEPTEMBER 27, 2023

Lego has scrapped its plans to make its bricks from recycled bottles after discovering the method does not reduce emissions and, when adopted at scale, would leave a higher carbon footprint. The post Lego scraps plans to make bricks from recycled bottles appeared first on Inside Retail Australia.

Planning 261

Planning Accessories ATS 261

Retail TouchPoints

MARCH 7, 2023

As part of the retailer’s plans to open 100 locations in 2023, Ross Stores opened 11 Ross Dress for Less and eight dd’s Discounts stores in 13 states during February and March. 28, 2023, but the retailer attributed the drop to a phenomenal Q4 2021 in which comparable sales jumped 13%. billion in 2021. billion versus $18.9

Planning 264

Planning Apparel Department Stores Discount Store 264

Retail TouchPoints

JANUARY 7, 2025

Kimbell became CEO of Ulta Beauty in 2021 after serving in executive roles with the company since 2014. Late last year, the retailer outlined a series of aggressive growth strategies to continue its current momentum, including plans to accelerate new store openings in order to reach a total of more than 1,800 locations across the U.S.

Marketing 279

Marketing Location Planning 279

Retail TouchPoints

MARCH 21, 2023

billion generated in Q4 2021. The plan to do that — dubbed “Lace Up” — will include simplifying operations and investing in “core banners and capabilities.” Other plans include a reset of the retailer’s loyalty program and the development of an enhanced omnichannel experience. 28, 2023, with sales down 0.3% billion from the $2.34

Planning 278

Planning Location Management Consumer 278

Retail TouchPoints

MARCH 31, 2023

And this is just the first of in a series of shopping events Wish has planned for 2023. A former CFO for Shutterfly and Lexmark , she joined as Wish’s CFO in November 2021 and added COO to her title in late 2022. “In Joe Yan, CEO, Wish Central to Wish’s turnaround effort has also been a drawn-out reshuffling of its C-suite.

Planning 338

Planning Consumer Shipping Shopping 338

Retail TouchPoints

MAY 26, 2023

Performance apparel brand Canada Goose is continuing its retail expansion across the West Coast with plans for its first Los Angeles store, a permanent presence east of Seattle in Bellevue, Wash. The three new stores are part of the company’s plan, announced earlier this year , to more than double its current global store count by 2028.

Planning 277

Planning Apparel Outdoor Location 277

Retail TouchPoints

JANUARY 2, 2025

billion Kroger-Albertsons tie-up as well as the November 2024 end of a planned Capri Holdings and Tapestry merger. After moving aggressively into direct sales in 2020 and 2021, Nike had to begin rekindling wholesale relationships with retailers including DSW and Macys in late 2023. Walgreens Agrees to $192.5M

Payment Services 278

Payment Services Checkout Wholesale Consumer 278

Retail TouchPoints

NOVEMBER 21, 2022

The retailer aims to create a consumer-driven demand engine by growing its ecommerce operations while adjusting its global operations, including halting a planned expansion into Japan. 18 call with investors. Having a stronger backbone and technology enablers will be a key priority for us going forward.”.

Planning 304

Planning Store Operations Returns Marketing 304

Retail TouchPoints

MAY 22, 2023

The largest increase took place from 2021 to 2022 when shoplifting complaints increased 44% year-over-year to reach almost 64,000 , many of which were committed by organized theft rings , according to New York State Assemblymember Jenifer Rajkumar in a statement.

Planning 279

Planning Kiosk Management Consumer 279

Retail TouchPoints

MARCH 29, 2023

Jeff Gennette, Chairman and CEO of Macy’s since 2017, plans to retire in February 2024 after a total of four decades with the retailer. Macy’s had eliminated the COO position, it turns out temporarily, in March 2021. Gennette will work with both Spring and Mitchell until his retirement to ensure a smooth transition.

Planning 264

Planning Home Furnishings Finance Management 264

Retail TouchPoints

JANUARY 2, 2024

Nike has laid out a plan to cut up to $2 billion in costs over the next three years in a bid to “accelerate future growth while building a faster, more efficient” organization, executives shared during the company’s fiscal 2024 Q2 earnings call. dollar that has negatively impacted second-half reported revenue versus 90 days ago.”

Planning 289

Planning Wholesale Promotions Management 289

Retail TouchPoints

OCTOBER 3, 2022

In late 2021, the company helped Walmart add embedded shoppable videos across Walmart.com, multiple media outlets, brand and talent sites and social platforms. TikTok’s live shopping platform is already operational in Asian markets including Thailand, Malaysia and Vietnam as well as the U.K. TalkShopLive has previously worked with U.S.

Shopping 331

Shopping Planning Checkout Marketing 331

Retail TouchPoints

JUNE 5, 2023

The company is planning to open 50 net new stores this year, and 30 to 35 will be international, with the majority located in China. The company’s worldwide expansion is part of the “Power of Three x2” growth plan, which has goals including tripling international revenue from 2021 levels by the end of 2026.

Planning 278

Planning Marketing Accessories Location 278

Retail TouchPoints

DECEMBER 3, 2024

When ThredUp acquired Remix in July 2021 , it believed the move would be a growth driver for its business, but under continued financial pressure the company announced in August 2024 that it was planning to exit Europe and become “a U.S.-only only business again.”

Management 296

Management Marketing Planning 296

A1 Retail

MARCH 14, 2025

Screwfix, the omnichannel retailer, has announced plans to open up to 35 new stores across the UK and Ireland by the end of January 2026, creating more than 400 jobs in local communities. Screwfix opened seven City stores in FY24 (1 st Feb 2024 31 st Jan 2025), with plans for this to form the majority of new openings in FY25.

Planning 87

Planning Location ATS 87

Retail TouchPoints

MARCH 21, 2024

That’s why retailers must find ways to optimize their cloud resource planning strategies ahead of a time of demand. Scalability Is Key One key aspect of effective cloud resource planning is being able to dynamically scale infrastructure. Here are three key components of a well-managed ecommerce cloud strategy. So Who’s Doing It Well?

Planning 258

Planning Customer Experience Management Promotions 258

Retail TouchPoints

MAY 18, 2023

SHEIN has officially launched its Europe, Middle East and Africa (EMEA) headquarters in Dublin City Centre, Ireland and is planning to host approximately 30 pop-up store events across the region this year to boost its profile with customers. The news comes as fellow Asia-based discount shopping app Temu picks up steam in the U.S.,

Planning 275

Planning Marketing Net Profit Finance 275

Retail TouchPoints

FEBRUARY 3, 2023

HATCH weathered the depths of the pandemic without any layoffs and achieved 70% growth in 2021 and 30% in 2022, and Goldman expects further growth in the 25% to 30% range for 2023, despite the economic headwinds facing retail overall. The concept quickly found an audience, which helped it stay strong even during difficult times.

Planning 65

Planning Shopping 65

Retail TouchPoints

DECEMBER 3, 2024

RTFKT , the Web3 sneaker brand that Nike acquired in 2021 , will wind down operations by the end of January 2025, transitioning into an archived site to showcase the designs created for the platform. That’s the true RTFKT legacy: showing the world that when you dare to imagine differently, you can transform culture itself.

Fashion 276

Fashion Planning Social Commerce 276

Retail TouchPoints

JANUARY 19, 2023

Over the last several months we’ve demonstrated the extent to which we work every day to mitigate risk and protect our people, and our publicly available data show we’ve reduced injury rates nearly 15% between 2019 and 2021. What’s more, the vast majority of our employees tell us they feel our workplace is safe. “We

Planning 290

Planning ATS Shipping Location 290

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

JUNE 7, 2022

During Brok’s tenure, Sephora has deployed new technology and services as well as expanding its partnership with Kohl’s : Sephora launched same-day delivery in partnership with Delivery Solutions in November 2021; In February 2022 , Kohl’s and Sephora revealed plans to add 400 Sephora shop-in-shops to reach their goal of 850 locations by 2023; and (..)

Planning 343

Planning Location Shopping Point of Sale 343

Retail TouchPoints

MARCH 20, 2025

In a bid to bring more variety to its offering, Stitch Fix introduced Freestyle in 2021, allowing users to shop individual items anytime from a selection that was curated using the same algorithm as that for Fixes. Last year, Baer laid out his plan to turn it all around, beginning with a reimagining of the Stitch Fix brand and experience.

Returns 279

Returns Fashion Shipping Shopping 279

Retail TouchPoints

NOVEMBER 28, 2024

Younger generations, especially millennials, increasingly rely on their digital wallet alone, with 28% (up from 25% in 2022 and 22% in 2021) planning to pay for gift purchases in 2024 using digital wallets. Mobile wallets provide the convenience shoppers have come to expect.

Payment Services 298

Payment Services Merchant Services Shopping Checkout 298

Retail TouchPoints

DECEMBER 6, 2024

The new store concept was unveiled at Carters first flagship in Atlanta this past October, with plans to expand the concept nationwide by 2026. A revamped product assortment that leans into trend-forward products and styles mimicking parents’ personal styles, including mini me versions of fashionable items.

Visual Merchandising 289

Visual Merchandising Apparel Marketing Fashion 289

Retail TouchPoints

SEPTEMBER 13, 2022

Despite the decrease, the number of active subscribers was still 27% higher than the 97,614 figure from the same period in 2021. . The restructuring plan focuses mainly on a reduction in workforce, with some closures of open roles and reduced backfills, as Rent the Runway reorganizes to focus on customer experience and company growth.

Operating Expenses 292

Operating Expenses Planning Customer Experience 292