Retail TouchPoints

DECEMBER 10, 2024

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.

Department Stores 286

Department Stores Fashion Planning Fulfillment 286

Inside Retail

MARCH 10, 2025

In 2022, GMG further strengthened its position by acquiring Nike-only stores from SUTL Corporation in Singapore and Malaysia. The post How GMG plans to win Southeast Asias sports retail market appeared first on Inside Retail Australia. GMGs growth has been fueled by strategic acquisitions and high-profile store openings.

Retail Marketing 130

Retail Marketing Marketing Planning Sporting Goods 130

Retail TouchPoints

JANUARY 2, 2024

On the heels of its 40th anniversary, Mango Fashion Group has revealed plans to open 500 new stores in key markets, including Canada, France, the UK and U.S., India, Italy and Spain are the other store “homes” planned for the coming years. In 2022, 36% of its business came from online channels. through 2026.

Planning 262

Planning Fashion Location Marketing 262

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. in fiscal 2024, with an ultimate long-term goal of 20,000 U.S. In fact, beverage innovations now account for 85% of beverage sales, the company shared.

Planning 278

Planning Returns Marketing Accounting 278

Retail TouchPoints

MAY 24, 2023

Five Below plans to add at least seven new outlet locations to its store roster this year in partnership with mall operator Simon. The new outlet and mall-based locations are part of Five Below’s ongoing Triple Double growth plan , first announced in March 2022. The retailer already operates 21 stores within the Simon portfolio.

Location 316

Location Planning ATS 316

Retail TouchPoints

FEBRUARY 6, 2025

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. Then, in 2022 the retailer debuted a dropship channel for online sales.

Kiosk 253

Kiosk Fulfillment Customer Experience Planning 253

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. ” The tool could help Men’s Wearhouse compete with David’s Bridal ’s own planning platform, Pearl by David’s.

Planning 304

Planning Apparel Shopping Marketing 304

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.”

Planning 264

Planning Apparel Location Consumer 264

Retail TouchPoints

MARCH 18, 2024

A 2022 U.S. Despite these statistics, many retailers still don’t have functional workplace violence plans. If they do have a plan, it’s likely that it hasn’t been recently updated, and many employees may not know it exists. government study found an annual average of 1.3

Planning 279

Planning Loss Prevention Management Location 279

Retail TouchPoints

DECEMBER 23, 2024

Nordstrom and Liverpool have been financially involved since at least September 2022, when Liverpool took a 9.9% Erik and Pete Nordstrom, the CEO and President, respectively, of Nordstrom, first floated plans to take the retailer private in March 2024. In September 2024 , Nordstrom family members and Liverpool made a $3.76

Finance 278

Finance Department Stores Planning ATS 278

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 272

Planning Location Store Operations Fulfillment 272

Retail TouchPoints

NOVEMBER 15, 2024

AAP appears to be moving toward a footprint with fewer stores overall but with additional larger stores, such as the 45,000-square-foot “super hub” location it opened in Los Angeles in June 2022. AAP recently completed the sale of Worldpac , a wholesale distributor of auto parts, for approximately $1.5 billion. “We 5, 2024, AAP generated $2.1

Location 222

Location Wholesale Planning Marketing 222

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. “As Toys ‘R’ Us marked its initial return to U.S.

Planning 299

Planning Specialty Retailers Shipping Returns 299

Retail TouchPoints

SEPTEMBER 8, 2023

billion Kroger-Albertsons merger, first announced in October 2022 , had been planned with store divestitures in mind, but the specific number to be sold and their locations had not yet been determined. billion during the same period in 2022. compared to Q2 2022. billion in cash. The retailer generated $33.9

Planning 277

Planning Grocer Wholesale Payment Services 277

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

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. There 23 GYG restaurants in the US, Singapore and Japan.

Planning 278

Planning Accounting Returns Marketing 278

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 278

Planning Marketing Spend Management Shopping 278

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.

Planning 338

Planning Consumer Shipping Shopping 338

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 277

Planning Promotions Marketing Spend Marketing 277

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 262

Planning Supermarket Location Marketing 262

Retail TouchPoints

DECEMBER 4, 2024

Calpak put its brick-and-mortar plans on hold during the pandemic but then doubled down in 2022 when “revenge travel” ramped up and demand was more sustained. Calpak undoubtedly tapped into the learnings from its pop-up to better plan for the LA store’s opening.

Wholesale 296

Wholesale Planning Accessories Marketing 296

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 290

Planning Department Stores Wholesale Location 290

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 263

Planning Customer Retention Wholesale Location 263

Retail TouchPoints

MARCH 14, 2024

million , in 2023 compared to 2022. Additionally, the brand plans to continue evaluating a transition in its international go-to-market strategy — moving to a distributor model in certain markets to grow them in a “cost- and capital-efficient manner,” according to a company statement. Allbirds will close 10 to 15 underperforming U.S.

Planning 278

Planning Marketing Consumer Merchandise Store 278

Inside Retail

MARCH 2, 2025

Before he took on the top leadership role in Australia in March 2022, Martinez had led McDonalds Korean business. Martinez plans to spend more time with his young family and pursue new opportunities. Among his achievements as CEO, Martinez launched MyMaccas Rewards, a loyalty program with more than 14 million customers.

Finance 226

Finance Accounting Customer Experience Planning 226

Retail Gazette

OCTOBER 23, 2024

Poundland does digital The Poundland Perks launch comes just over a year since the retailer relaunched its ecommerce after acquiring Poundshop.com back in 2022. “We’ve been on a bit of a journey digitally in the last sort of two years,” says Hill. “Migrating into Poundland.co.uk

Planning 111

Planning Shopping ATS Marketing 111

Retail TouchPoints

DECEMBER 16, 2024

The program now covers 72 suppliers and has grown in total supply chain financing from $100 million in 2016 to $800 million in 2022, highlighting the critical role of value chain collaboration in decarbonization efforts. This approach connects sustainability, supply chain, quality, R&D and finance.

Supply Chain Management 277

Supply Chain Management Finance Accounting Management 277

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

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

JANUARY 5, 2024

Amer Sports operates in 41 countries and its products are sold in more than 100 countries, generating 2022 revenue of $3.5 The company’s sports and outdoor brands offer apparel, footwear, equipment, protective gear and accessories and employ 10,800 people globally. Goldman Sachs, BofA Securities, J.P.

Planning 258

Planning Outdoor Accessories Apparel 258

Retail TouchPoints

FEBRUARY 13, 2025

In 2022 , Levis announced plans to shift its strategy toward DTC, with plans for 400 new stores and a revamped ecommerce experience. Levi Strauss & Co. announced a series of strategic leadership changes aimed at accelerating the companys omnichannel transformation.

Planning 179

Planning Fashion Marketing Consumer 179

Retail TouchPoints

JANUARY 9, 2025

In October 2022 The North Face unveiled a five- year expansion plan that will add 300 global retail and partner locations, as well as updating existing stores with a refreshed approach. For us the store is a place for curiosity and exploration, said Cerletti.

Outdoor 278

Outdoor Fulfillment Consumer Location 278

Inside Retail

NOVEMBER 25, 2024

According to Research and Markets, Malaysia is projected to experience significant growth in its high-net-worth demographic, with an estimated increase of 320 individuals in this segment from 2022 to 2027, which will further drive the demand for premium accessories and fine jewellery.

Accessories 246

Accessories Point of Sale Marketing Consumer 246

Retail TouchPoints

MARCH 26, 2025

The merger had originally been announced in October 2022. Facing regulatory challenges, Kroger and Albertsons identified the nearly 600 stores they planned to sell to C&S Wholesale Grocers in July 2024. Albertsons is standing its ground.

Grocer 147

Grocer Wholesale Planning Promotions 147

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 317

Finance Fashion Planning Marketing 317

Inside Retail

NOVEMBER 13, 2024

This sentiment was also echoed by Emma Clegg, co-founder of Jam the label, whose runway at AFW 2022 broke the Melbourne-based brand into the fashion mainstream and put a necessary spotlight on ‘adaptive clothing’. According to Francisco, Ngali was planning to show its resort collection at AFW next year.

Fashion 246

Fashion Consumer Planning Brand Management 246

Retail TouchPoints

JANUARY 11, 2023

Nearly 10,000 brands created more than 70,000 campaigns through the PromoteIQ platform in 2022, according to the company, and PromoteIQ already powers the retail media networks of some of the biggest names in the business including Kroger Precision Marketing , Sephora , Kohl’s and The Home Depot.

Advertising 315

Advertising Planning ATS Marketing 315