Retail TouchPoints

JANUARY 12, 2023

Mattress Firm has withdrawn its plans for an IPO this year, according to documents filed with the SEC. The move has prompted some analysts to surmise that Mattress Firm might instead now be open to an acquisition, with Tempur-Sealy International seen as a prime buyer, according to Wedbush Securities.

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Retail TouchPoints

FEBRUARY 9, 2022

with plans to add approximately 150 new stores to a fleet that already includes 2,100 locations in 37 states. Aldi also plans to increase its number of locations offering curbside pickup from 1,200 to 1,500 by the end of 2022. Discount supermarket chain Aldi is continuing its aggressive expansion across the U.S., by store count.

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Planning Grocer Supermarket Location 299

Retail TouchPoints

NOVEMBER 3, 2023

The new “Triple Shot” plan builds on the original reinvention strategy introduced by former CEO Howard Schultz at the company’s Investor Day in September 2022. We will become truly global as we create the surround-sound of omnichannel strategies in the 86 markets where we sell Starbucks coffee.”

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Planning Returns Marketing Accounting 234

Inside Retail

SEPTEMBER 13, 2023

The figure is a 12 per cent rise on the contribution in June 2022. The chain was listed by GapMaps as one of the fastest-growing QSR brands by store numbers this year Another 30 outlets, including drive-throughs, are in the plans for the Australian market. In the new US market GYG reported $6 million in network sales.

Planning 278

Planning Accounting Returns Marketing 278

Retail TouchPoints

MAY 12, 2022

Tech giants like Facebook and Microsoft have gone all-in on the metaverse, based on the idea that it’s the future of digital experiences like gaming, collaboration and marketing. The metaverse is the next frontier for marketers, offering them the opportunity to blend physical and digital marketing tactics.

Marketing 317

Marketing Advertising Social Commerce Planning 317

Retail TouchPoints

AUGUST 8, 2022

Sharing its FY2023 plans in an April 2022 statement, Fast Retailing, which also owns fashion brand Theory , noted that it was inspired by the strength of the North American market.

Marketing 289

Marketing Accessories Fashion Planning 289

Retail TouchPoints

MARCH 6, 2024

million generated in 2022. Warby Parker, which began life as a pure-play DTC retailer, opened 40 stores in 2023 for a total of 237 and plans to open another 40 stores this year. In only its second full year as a public company, Warby Parker generated net revenue of $71.7 million in 2023, 12% higher than the $669.8

Planning 251

Planning Marketing Spend Management Shopping 251

Retail TouchPoints

MARCH 31, 2023

Wish has been in the midst of a massive turnaround effort for more than a year now, and in summer 2022, the app reintroduced itself to consumers with a rebrand and major marketing blitz. And this is just the first of in a series of shopping events Wish has planned for 2023.

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Planning Consumer Shipping Shopping 311

Retail TouchPoints

APRIL 29, 2022

Resale has a new player with the launch of DICK’S Sporting Goods ’ in-store buy-back program, available in select markets through a partnership with outdoor and adventure gear resale platform Out&Back. In 2022, it began selling products from labels including Carhartt , Herschel Supply Co. and its Cranberry Township, Pa.

Sporting Goods 291

Sporting Goods Outdoor Marketing Location 291

Retail TouchPoints

JANUARY 19, 2023

Starbucks and DoorDash have expanded their delivery partnership to Northern California, Texas, Georgia, Florida and other select markets, with plans for availability in all 50 states by March 2023. as well as market expansions in Seattle, Portland and New York City in 2022.

Planning 254

Planning Location Marketing Customer Experience 254

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 240

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.

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Planning Accessories Location Consumer 246

Retail TouchPoints

FEBRUARY 17, 2023

Over the course of her expansive career in marketing, Kristen D’Arcy has worked for household names like American Eagle , PacSun , Ralph Lauren and Oscar de la Renta. But she believes that successful marketing revolves around one key thing: understanding your customer and creating the value they expect.

Marketing 272

Marketing Wholesale Advertising Consumer 272

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 236

Planning Apparel Shopping Marketing 236

Retail TouchPoints

FEBRUARY 26, 2024

After opening a net 23 new stores in 2023 for a total of over 400 locations, Sprouts Farmers Market plans to open 35 new locations this year, all in its new smaller-store format. Sprouts executives revealed the retailer’s growth plans while discussing its strong Q4 and FY 2023 results. Comp store sales also grew by 3.4%.

Planning 210

Planning Supermarket Location Marketing 210

Inside Retail

JULY 18, 2023

The rebranding is part of a $370 million, three-year transformation plan for the company which will see older stores revamped and an upgraded customer loyalty program. The post Woolworths plans $370 million rebrand, upgrade of its NZ store network appeared first on Inside Retail.

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Planning Supermarket Department Stores Wholesale 246

Inside Retail

FEBRUARY 11, 2024

Customer experience LSKD has ‘audacious’ growth plans for the next few years and Shaughnessy is expected to play a key role in helping the brand create a unique in-store experience and ensuring the right products are stocked in each store. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards.

Planning 264

Planning Drop-Shipping Customer Experience Wholesale 264

Retail TouchPoints

SEPTEMBER 11, 2023

Rent the Runway has lowered its revenue expectations for 2023, now saying it plans to at least match 2022 revenues of $296.4 This number is approximately 9% to 10% lower than original projections, which forecast 2023 revenue in the range of $320 million to $330 million.

Planning 229

Planning Promotions Marketing Spend Marketing 229

Inside Retail

JANUARY 31, 2024

Parade was founded by Columbia University dropout Cami Téllez in 2019, with a purpose to disrupt the market and champion inclusivity, body positivity and sustainable manufacturing. It was valued at US$200 million in 2022.

Marketing 259

Marketing Apparel Fashion Consumer 259

Inside Retail

OCTOBER 16, 2023

The pet centre will also have a small amount of retail space, where Walmart plans to sell its own private-label pet care brands. Nielsen IQ reported that over 110 million households purchasing pet products had an average value per buyer of US$680 at the end of 2022, representing a 10.7 And many of them have money to burn.

Marketing 264

Marketing Clienteling Accessories Apparel 264

Retail TouchPoints

MARCH 9, 2023

The move could help the retailer maintain stability as it prepares to make changes to its core focus and explore ways to make up the sales it lost since cutting ties with Ye , formerly known as Kanye West, in October 2022. million ) operating loss in Q4 2022.

Planning 238

Planning Marketing Management ATS 238

Inside Retail

SEPTEMBER 7, 2023

According to Statista , the second-hand market’s value in Australia exceeded $60 billion in 2022, with 85 percent of Australian households having unused or unwanted items. The resale furniture market in particular appears to be experiencing a boom period. Buying seconds, first.

Marketing 273

Marketing Consumer Returns Planning 273

Retail TouchPoints

FEBRUARY 2, 2024

net sales decline in Q4 2023, Tractor Supply still plans to open up to 95 brick-and-mortar stores in 2024, as well as complete its 10th distribution center. The retailer plans to open approximately 80 Tractor Supply stores and 10 to 15 stores under its small-box pet supply banner, Petsense by Tractor Supply.

Planning 207

Planning Location Store Operations Fulfillment 207

Retail TouchPoints

APRIL 28, 2023

For fiscal 2022, which ended Jan. In Q4 2022, net sales of $4.24 Executive Chairman and Interim CEO in the March 9, 2023 press release discussing the company’s Q4 and FY 2022 results. He was named Interim CEO in July 2022 following the departure of CEO and President Sonia Syngal. 28, 2023, net sales of $15.6

Planning 255

Planning ATS Marketing 255

Inside Retail

NOVEMBER 27, 2023

There are about 1600 possible product combinations, according to Felicity McGahan, group CEO of Strand, the 96-year-old Australian luggage chain that launched Nere in 2022. With most items priced under A$200, the brand is seeking to elevate travel for the mass-market consumer. “Everyone travels now,” McGahan told Inside Retail.

Marketing 246

Marketing Accessories Fashion Location 246

Retail Focus

MARCH 27, 2023

Non-physical marketing also limits some of the other key interactions D2C brands can have with their consumers, such as creating more impact around a ‘big news moment’, or having a physical platform to engage with your community plus the obvious brand building a physical store environment provides. 2 Pop-up location. 3 Optimal duration.

Marketing 245

Marketing Location Consumer Finance 245

Retail TouchPoints

FEBRUARY 16, 2023

British online fashion and beauty retailer ASOS has appointed its second interim CFO in four months as current interim CFO Katy Mecklenburgh plans to leave in May 2023 for another role. The company outlined its “Driving Change” transformation strategy in its October 2022 annual report. ASOS experienced a year of declining sales.

Finance 287

Finance Fashion Planning Marketing 287

Retail TouchPoints

DECEMBER 22, 2022

The winners were revealed and celebrated at the 2022 PAVE Gala earlier in December in New York City, and now we’re spotlighting their craftsmanship with a special report and interview series featuring the leaders driving these projects. The 2022 Winning Windows recipients at the 2022 PAVE Gala in New York City.

Visual Merchandising 261

Visual Merchandising Consumer Shopping Fashion 261

Retail TouchPoints

JANUARY 18, 2024

Digital Brands Group (DBG) — the parent company of a collection of digital-first lifestyle brands including Bailey 44 , Harper & Jones and Sundry — will open its first physical store in March 2024 and plans to have 50 locations within the next several years. million in annual revenue and annual cash flow of over $500,000 a year.

Planning 213

Planning Customer Retention Wholesale Location 213

Retail TouchPoints

JANUARY 11, 2023

Microsoft is gearing up to take a bigger piece of the growing retail media pie with the debut of a suite of new capabilities through its PromoteIQ marketing platform, which the company acquired in 2019. It is our vision to create the industry’s most complete omnichannel retail media stack to support retailer evolution through retail media.

Advertising 265

Advertising Planning ATS Marketing 265

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. Plant-based fast food sector challenging Cook said the market has experienced “significant fluctuations”. However, the two Bondi stores were temporarily closed mid-2023. and a $2.4m

Marketing 299

Marketing Consumer Planning 299

Retail TouchPoints

NOVEMBER 25, 2024

one of its three main markets by 2026, Mango plans to operate 42 stores in the country by the end of 2024. The apparel retailer also plans to open more than 20 locations next year, primarily in the Sun Belt and Northeast, according to CNBC. Moving toward its goal of making the U.S. stores by the end of 2025.

Planning 167

Planning Apparel Location Marketing 167

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. Deloitte found that 51% of lower-income earners and 38% of higher-income earners felt that their finances took a turn for the worse in 2022. Retailers Must Show Economic Empathy.

Payment Services 315

Payment Services Promotions Consumer Inventory Management 315

Retail TouchPoints

JANUARY 19, 2023

17, 2022 for exposing workers to ergonomic hazards. In December 2022, OSHA cited Amazon for 14 recordkeeping violations as part of the same investigation with regard to the company’s failure to accurately record and report worker injuries and illnesses. Amazon facilities in Deltona, Fla., Waukegan, Ill. and New Windsor, N.Y.

Planning 257

Planning ATS Shipping Location 257

Retail TouchPoints

AUGUST 25, 2022

Citing sources familiar with the matter, WSJ reported that the retailer has selected a lender following a marketing process conducted by JPMorgan Chase & Co. BB&B was exploring a sale in April 2022, but that now seems to be off the table. stake in the company.

Finance 278

Finance Shipping Planning Marketing 278

Retail TouchPoints

MAY 5, 2023

Macy’s will expand its off-mall presence by opening additional Market by Macy’s and Bloomie’s shops — smaller versions of the Macy’s and Bloomingdale’s department stores, respectively — even as it shutters full-size stores. Comparable store sales at Market by Macy’s and Bloomie’s grew 8% and 12% , respectively, during Q4 2022.

Department Stores 254

Department Stores Checkout Location Planning 254

Retail TouchPoints

FEBRUARY 17, 2023

The RealReal will cut operating costs through layoffs and store closures, with plans to eliminate 230 positions, or 7% of its workforce, according to a filing with the Securities and Exchange Commission. Revenue for Q3 2022 was $142.7 million , compared to $118.9 million in Q3 2021, and the net loss for the quarter was $47.3

Payment Services 291

Payment Services ATS Accessories Planning 291