Retail TouchPoints

DECEMBER 22, 2022

Design and visual merchandising teams in particular rise to the occasion, finding creative themes, materials, lighting and more to evoke delight and holiday spirit among consumers of all ages. The 2022 Winning Windows recipients at the 2022 PAVE Gala in New York City. Below is part one of this series.

Visual Merchandising 261

Visual Merchandising Consumer Shopping Fashion 261

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 273

Planning Kiosk Management Consumer 273

Inside Retail

FEBRUARY 21, 2023

Following its store launch in Sydney earlier this year, Hong Kong-based tech accessories brand Casetify is planning to expand across Australia, as part of a larger goal of reaching 100 stores globally by 2025. The Sydney store followed the launch of its first permanent US store and four new stores across South Korea in 2022.

Planning 246

Planning Accessories Location Consumer 246

Retail TouchPoints

DECEMBER 8, 2023

Dollar General is planning approximately 2,385 real estate projects for fiscal year 2024, including about 800 new store openings (including approximately 30 pOpshelf openings and 15 new stores in Mexico ), along with 1,500 store renovations and 85 store relocations. Vasos called the slowdown “prudent in this environment.”

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Planning Apparel Location Consumer 232

Retail TouchPoints

JUNE 18, 2024

The global economy is still in flux,” said Rob Garf, VP and General Manager of Retail and Consumer Goods at Sales f orce at a recent media briefing. billion commerce-focused consumer interactions as well supplemental consumer research. So what does all this mean for the holiday season? Register here.

Consumer 247

Consumer Shopping Shipping Marketing 247

Retail TouchPoints

NOVEMBER 10, 2022

It now sits at an estimated 22% of all sales, according to a 2022 Morgan Stanley global ecommerce forecast report , which notes that “Over the long term, the ecommerce market has plenty of room to grow and could increase from $3.3 Global ecommerce rose from 15% of total retail sales in 2019 to 21% in 2021. trillion today to $5.4

Consumer 291

Consumer Advertising Shrinkage Marketing 291

Retail TouchPoints

SEPTEMBER 29, 2023

We now have over 1,400 stores and ecommerce sites across 31 countries, and as we head into 2024, we are excited to bring Toys ‘R’ Us to consumers everywhere.” 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.

Planning 259

Planning Specialty Retailers Shipping Returns 259

Retail TouchPoints

JANUARY 12, 2023

New to this year’s event is the Consumer Product Showcase , offering SMB brands the opportunity to show off innovative customer-facing products. Retail media networks on the rise: “Throughout 2022, it seemed as though a new retail media network launched every day,” Reda wrote. Taking place January 15-16 from 10 a.m.

Consumer 244

Consumer Beauty and Health Returns Location 244

Retail TouchPoints

OCTOBER 13, 2023

Netflix is reportedly planning to open permanent brick-and-mortar stores, beginning in 2025 with two in the U.S. Netflix has operated multiple pop-up stores around the world, including a multi-title location in Los Angeles that operated during the 2022 holiday season and a Manhattan location tied to the Bridgerton series.

Location 216

Location Planning Wholesale Consumer 216

Retail TouchPoints

JUNE 8, 2022

The company also is planning to add five distribution centers over the next two years to support its supply chain. “We Target also is revising its sales forecasts, future promotion plans and cost expectations by category. Target also will add incremental holding capacity near U.S.

Planning 257

Planning Supply Chain Management Promotions Markdowns 257

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. ” Ross’ comparable store sales fell 4% year-over-year in Q4 2022, which ended Jan. Overall sales were down slightly in 2022, at $18.7

Planning 235

Planning Apparel Department Stores Discount Store 235

Inside Retail

NOVEMBER 23, 2023

For the past few years, consumers have been more than willing to dip into their bursting savings accounts – thanks in large part to the pandemic – to spend on Black Friday. per cent up on 2022. However, 17 per cent of Mozo’s survey respondents said they were not planning to buy at all over the weekend, as they “can’t afford it”.

Consumer 264

Consumer Fashion Accounting Planning 264

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 237

Planning Management Consumer Fulfillment 237

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. The overall simplification effort could help Foot Locker capitalize on its better-than-expected performance in Q3 2022. 18 call with investors.

Planning 244

Planning Store Operations Returns Marketing 244

Retail TouchPoints

APRIL 17, 2023

Wedding Wingman was piloted in select markets in September 2022 in response to customer feedback and insights indicating that nearly half of all grooms find the wedding planning process too difficult or time-consuming.

Planning 229

Planning Apparel Shopping Marketing 229

Retail TouchPoints

MARCH 21, 2023

The company posted a slight dip in sales in Q4 2022, which ended Jan. 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.

Planning 223

Planning Location Management Consumer 223

Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S.

Payment Services 306

Payment Services Promotions Consumer Inventory Management 306

Retail TouchPoints

NOVEMBER 15, 2023

Starbucks Workers United , the union trying to organize Starbucks workers across the country, is planning a “Red Cup Rebellion” on Nov. Labor efforts started slowly at REI: the August 2022 unionization of a Berkeley, Calif. 16, the retailer’s “Red Cup Day” — traditionally one of Starbucks’ busiest days of the season.

Planning 258

Planning Department Stores Wholesale Location 258

Retail TouchPoints

APRIL 7, 2023

This causes friction in business decisions since consumers prefer omnichannel shopping options , but ecommerce increases cybersecurity risks. million on average as of 2022. This includes new types of insurance plans and preventive tools like AI and threat monitoring. Hackers heavily target financial and payment data in breaches.

Planning 213

Planning Payment Services Accounting Consumer 213

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 208

Planning Marketing Net Profit Finance 208

Retail TouchPoints

SEPTEMBER 19, 2023

“The consumer’s going to be very selective, they’ve got a lot of choices; [the season is] going to be promotional, but consumers are [financially] healthy right now and they’re spending. [An It’s not a blowout number, but it’s in line with lower inflation, and the consumer will be spending.”

Consumer 208

Consumer Promotions Marketing Shopping 208

Retail TouchPoints

SEPTEMBER 21, 2023

billion this year, up from 2022’s record $10.6 Consumers will be shopping early for festive décor and other related items, and retailers are prepared with the inventory to help customers and their families take part in this popular and fun tradition.” Nearly one-third ( 32% ) plan to shop online. set in 2021.

Discount Store 239

Discount Store Consumer Planning Returns 239

Inside Retail

SEPTEMBER 1, 2024

Stuart and Samantha Cook launched the vegan fast-food brand amid rapid growth in the plant-based food market and had plans to franchise the chain. A shift in consumer habits has been blamed for the brand’s difficulties. However, their assessment, like ours, is that Flave is slightly ahead of current consumer habits.”

Marketing 299

Marketing Consumer Planning 299

Retail TouchPoints

MARCH 15, 2023

Grove Collaborative has introduced Grove Wellness, a product hub featuring a personalization engine designed to sharpen recommendations around consumers’ evolving health and wellness needs. Our mission has always been to make consumer products a positive force for human and environmental health. loss in 2021.

Beauty and Health 261

Beauty and Health Advertising Consumer Returns 261

Inside Retail

SEPTEMBER 17, 2024

. “On the back of real retail turnover per capita not growing since mid-2022, consumers are planning to spend $1002 on average this year, down 18.9 per cent from 2023,” said Elise Sharpley, Deloitte consumer products and retail sector leader.

Consumer 264

Consumer Planning 264

Retail TouchPoints

MARCH 3, 2023

Best Buy is planning to evolve its operating model with a greater emphasis on smaller stores as the retailer plans to close 20 to 30 large-format stores, implement eight experiential store remodels and open approximately 10 additional outlet stores over the coming year. billion in Q4 2022. Comparable sales fell 9.3%

Planning 277

Planning Shopping Location Consumer 277

Retail TouchPoints

JULY 5, 2022

Amazon has delayed or canceled plans for at least 16 U.S. This scaling back follows a disappointing Q1 2022, during which the ecommerce giant reported a $3.8 This scaling back follows a disappointing Q1 2022, during which the ecommerce giant reported a $3.8 The reductions may be in response to reduced consumer spending.

Fulfillment 255

Fulfillment Planning Customer Experience Consumer 255

Retail TouchPoints

JANUARY 9, 2023

Boxed , the combination ecommerce retailer and enabler that serves both consumer and business customers, is seeking additional funding — or a possible sale — as it explores strategic alternatives. The Boxed retail operation provides bulk pantry consumables to businesses and household customers without requiring any type of big box membership.

Consumer 261

Consumer Planning ATS Fulfillment 261

Retail TouchPoints

JUNE 14, 2022

Luxury platform FARFETCH will accept cryptocurrency payments for all purchases on the FARFETCH Marketplace, with plans to expand to FARFETCH Private Clients in the coming months and to all customers in the U.S., UK and Europe by late 2022.

Payment Services 254

Payment Services Boutique Location Planning 254

Retail TouchPoints

AUGUST 2, 2022

The USDA Food and Nutrition Service is accepting applications for a $5 million grant, funded by the American Rescue Plan , to increase the number of retailers offering online shopping for customers who rely on the Supplemental Nutrition Assistance Program (SNAP). 6, 2022, and the grant recipient will be announced in fall 2022.

Shopping 249

Shopping Planning Promotions Consumer 249

Retail TouchPoints

NOVEMBER 18, 2022

The 2022 Future of Family report is broken into two parts: the first stemmed from a survey of 4,300 parents from July to August 2022 and analyzed parents’ support systems and purchase behaviors. Overall, 85% of respondents plan to spend up to $500 on five or more gifts for babies.

Planning 245

Planning Jewelry Consumer Shopping 245

Inside Retail

MARCH 7, 2024

Spring added he plans to trade the business through the administration process and is optimistic about the future of the company. However, trading conditions become more difficult in 2023 as rising interest rates forced consumers, and investors, to be more conservative with their expenditure, according to SmartCompany.

Planning 279

Planning Consumer 279

Retail TouchPoints

JULY 26, 2022

Lids Sports Group has introduced its new Lids U mall- and outlet-based concept in three stores, with plans for eight more brick-and-mortar locations in 2022. On July 22, 2022 the first Lids U stores opened at Gurnee Mills shopping mall in Gurnee, Ill.; Mall of Georgia in Buford, Ga.; Mall of Georgia in Buford, Ga.;

Accessories 248

Accessories Apparel Location Planning 248

Retail TouchPoints

JUNE 21, 2023

2023 Prime Day Sales Expected to Top Previous Years Rising inflation last year had a less-than-expected impact on Prime Day 2022 — sales rose 8.5% Prime Day 2023 is widely expected to make sales gains on 2022, and indeed, research from RetailMeNot indicates that the event has overtaken Labor Day as the primary summer retail sale for U.S.

Planning 227

Planning Apparel Fulfillment Consumer 227

Retail TouchPoints

OCTOBER 4, 2022

The ecommerce giant noted that the program was introduced to help consumers as they weather rising costs on essentials. A number of initiatives have been implemented on the government and retail sides to alleviate financial stress on lower income consumers in response to the current climate of inflation. per month.

Payment Services 243

Payment Services Shipping Planning Consumer 243

Retail TouchPoints

SEPTEMBER 11, 2023

True to form, Best Buy turned its eye to advertising’s newest tech-infused channel to reach this consumer segment — connected TV (CTV). CTV viewership is growing every year as more and more consumers “cut the cord,” and the vast majority of U.S. But just as the number of CTV viewers is climbing, so is the number of advertisers.

Consumer 218

Consumer Advertising Shopping Marketing 218

Retail TouchPoints

FEBRUARY 19, 2024

from 2022, while Cyber Week overall sales were $38 billion, an increase of 7.8% vs. 2022, according to the CNBC /NRF Retail Monitor. from 2022 to $222.1 Installs resulting from our ecommerce app install campaigns on Android devices peaked during the second week of November, which was also the case in 2022. billion, up 7.5%

Marketing 234

Marketing Marketing Spend Advertising Management 234