Retail TouchPoints

DECEMBER 4, 2023

Saks currently operates 39 stores, while Neiman has 36 department stores, two Bergdorf Goodman stores and five Last Call discount stores. A merger of the two companies would give Neiman and Saks more clout with luxury suppliers and allow them to cut duplicated costs.

Department Stores 240

Department Stores Discount Store Consumer ATS 240

Inside Retail

DECEMBER 19, 2023

Falling income growth is normalising lower consumption in China, with some industries experiencing declining revenue, as “companies are lowering prices to maintain their market share and avoid being squeezed out,” said Wang Dan, a Shanghai-based economist at Hang Seng Bank. For me, the cheaper the better,” he said.

Retailing Pricing 263

Retailing Pricing Discount Store Consumer Supermarket 263

Retail TouchPoints

JULY 20, 2023

Moving closer to its goal of opening 100 stores during fiscal 2023, Ross Stores opened 18 Ross Dress for Less and nine dd’s Discounts stores across 14 states in June and July. The value retailer now operates 2,061 stores in 41 states, the District of Columbia and Guam.

Location 157

Location Discount Store Planning Marketing 157

Retail TouchPoints

FEBRUARY 8, 2024

Once largely associated with lower-income households, dollar stores are now becoming retail staples even for more affluent households, inspiring retailers in these categories to invest more heavily in marketing, merchandising and technology innovation that will help them differentiate.

Thrift Store 267

Thrift Store Consumer Clienteling Fulfillment 267

Retail TouchPoints

FEBRUARY 11, 2022

Ecommerce shops will be the most popular destination, visited by 41% of shoppers, followed by department stores ( 32% ), discount stores ( 28% ), small businesses ( 18% ) and florists ( 17% ). Candy ( 56% ), greeting cards ( 40% ) and flowers ( 37% ) also will be popular items with many shoppers.

Jewelry 250

Jewelry Department Stores Discount Store Apparel 250

Retail TouchPoints

JULY 8, 2021

As consumers clamor for the personal interaction that comes with shopping in-store, do you believe we’ll see a resurgence in shopping mall traffic? It is critical in these markets that large centers find new energy to draw new tenants in, beyond just retail and food courts, such as integrated entertainment centers and live event spaces.

Payment Services 276

Payment Services Consumer Shopping Returns 276

Inside Retail

SEPTEMBER 6, 2023

So how can retailers capitalise on the Millennial market and what drives this generation’s interests? Instead, savvy brands attempting to target the equally savvy Millennial market might need to head for ‘green but lean’. Trends such as ‘eco’ have been prioritised in the past few years, with everyone hopping on the enviro-brand wagon.

Marketing 130

Marketing Consumer Accounting Apparel 130

Retail TouchPoints

AUGUST 27, 2024

“With so many things happening over the last two years — the pandemic, political pressures, social justice protests, geopolitical and supply chain challenges — everyone stayed at a perfect moderate level of anxiety,” said Ericka McCoy, Chief Marketing Officer at analyst firm Resonate in an interview with Retail TouchPoints.

Markdowns 291

Markdowns Drop-Shipping Consumer Discount Store 291

Inside Retail

APRIL 6, 2021

Dwyer cautions that the digital shift has not been universal or consistent, due to geographical, economic and household differences from one market to another. However, Asia Pacific, North America and Europe were the strongest regions in growing e-commerce adoption.

Discount Store 147

Discount Store Consumer Marketing Shopping 147

Inside Retail

JULY 25, 2023

Compared to its sister brand Kmart, which has seen its market share grow exponentially in the past decade, Target has been suffering a slow decline, with its position in the middle of the market – not quite as value-based as Kmart, and not quite as high-end as Myer – making matters worse.

Department Stores 246

Department Stores Apparel Management Fashion 246

Inside Retail

JUNE 3, 2021

Aldi also said that staff will have more time to focus on “creating a quality experience” by maintaining stock levels and keeping the store clean. Australian retail expert and QUT professor of marketing Gary Mortimer expects the move will receive a positive response from consumers.

Payment Services 52

Payment Services Checkout Promotions Supermarket 52

Inside Retail

JUNE 4, 2023

The takeover bid for discount fashion retail brand Best & Less Group (BLG) by BB Retail Capital has been accepted by sufficient shareholders to become unconditional. BB Retail Capital is a private investment firm owned by Australian businessmen Brett Blundy and Ray Itaoui who made an off-market cash offer of $1.89

Apparel 246

Apparel Fashion Marketing Discount Store 246

Inside Retail

FEBRUARY 14, 2023

Elevated cost of doing business pressures in Australia and New Zealand are expected to persist in the second half, as general inflation together with labour market constraints impacts personnel costs and costs in domestic supply chains. “In

Planning 264

Planning Consumer Marketing Discount Store 264

Inside Retail

JUNE 15, 2022

Phil Bishop, who was most recently director of merchandise & marketing at Bunnings, also served as COO at Officeworks. His retail career started 30 years ago as a people greeter in a Target store. The Reject Shop has tapped a former senior Bunnings and Officeworks executive as its new CEO. Phil Bishop (LinkedIn).

Shopping 246

Shopping Marketing Discount Store ATS 246

Inside Retail

JANUARY 31, 2023

Bishop joined the company after terms as director of merchandise & marketing at Bunnings, and as COO at Officeworks. Steven Fisher, chairman of The Reject Shop, said the board and team have thanked Bishop for his work over the past six months and wish him well.

Shopping 246

Shopping Marketing Discount Store ATS 246

Retail TouchPoints

SEPTEMBER 1, 2023

In addition, the retailer is revising its planned same-store sales growth of 1.0% As a result, Dollar General is revising its financial outlook: the retailer initially planned net sales growth in the range of 3.5% to 5.0%, but is now predicting a more conservative growth rate of 1.3% to a range of -1.0% to 1.0%.

Markdowns 229

Markdowns Apparel Planning Consumer 229

Inside Retail

AUGUST 24, 2023

per cent for the year as the business continued to respond well to trading and market conditions. Wesfarmers MD Rob Scott said the results were underpinned by strong divisional earnings growth of 12.9

Returns 246

Returns Consumer Marketing Discount Store 246

Inside Retail

DECEMBER 13, 2023

With Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how are the two fast-fashion pioneers responding to the current market leader, Shein? Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M.

Fast Fashion 130

Fast Fashion Fashion Consumer Apparel 130

Inside Retail

AUGUST 26, 2021

Catch’s earnings were also impacted by investments in technology, marketing and fulfilment capabilities to support further growth. No such investments in Target were mentioned, though the planned changes in Target’s store network ( that is, converting them to Kmart stores ) saw trading results “exceed internal expectations”.

Net Profit 246

Net Profit Fulfillment Planning Management 246

Inside Retail

AUGUST 18, 2021

And though the business is in a positive position, it said it won’t provide guidance for the year ahead – given the continuing uncertainty in the market based on the spread of Covid-19’s delta strain, and the slow vaccine rollout keeping customers indoors.

Shopping 246

Shopping Shipping Department Stores Location 246

Inside Retail

OCTOBER 26, 2022

Kmart divisional merchandise manager Rob Day has seen an increase in popularity of the discount department store’s Halloween range, as more families and individuals have become involved in the event. “I

Promotions 246

Promotions Consumer Shopping Discount Store 246

Wiser

JULY 18, 2023

This way brands and retailers know what kind of market climate they are dealing with instead of going in blind. With careful planning and strategizing based on past trends, companies can tailor their marketing approach accordingly to draw more customers into stores or onto websites in the upcoming holiday seasons.

Consumer 148

Consumer Promotions Discount Store Apparel 148

Mass Relators

JANUARY 31, 2022

Online continues to be the most popular shopping destination for Valentine’s Day this year, visited by 41%, followed by department stores at 32 percent, discount stores at 28%, local small businesses at 18% and florists at 17%. billion appeared first on MMR: Mass Market Retailers. The survey of 7,728 U.S.

Jewelry 105

Jewelry Department Stores Discount Store Planning 105

Inside Retail

FEBRUARY 2, 2023

It’ll be those discretionary categories – [such as] footwear, clothing, accessories and possibly even consumer electronics that will struggle [to] make gains in the market,” Mortimer said. He said that both brands have cut costs, right-sized by closing stores and exiting leases, and expanded on its private label ranges.

Department Stores 130

Department Stores Consumer Discount Store Shopping 130

Inside Retail

JUNE 1, 2021

“If we can increase the eyeballs, we can presumably sell through that product at that initial discount, which means brands don’t need to go to 50 or 70 per cent off and flog their last pieces to some of those dirty discounters.”.

Consumer 246

Consumer Markdowns Planning Shopping 246

Inside Retail

FEBRUARY 27, 2023

The most significant annual increases in retail were seen in specialty retail stores, alcohol goods, family clothing stores and discount stores. Meanwhile, spending declined in department stores, home supply warehouses, household appliances and furniture categories.

Merchant Services 130

Merchant Services Payment Services Specialty Retailers Accounting 130

Retail Focus

OCTOBER 10, 2023

Pop-up stores can be a valuable tool but must align with a brand’s overall strategy and relevance to the local market. Efficiency became a prevailing trend after World War I, leading to mass retailing and the rise of warehousing and discount stores. What can brand and retail managers learn?

Customer Experience 147

Customer Experience Brand Management Management Shopping 147

Inside Retail

NOVEMBER 17, 2022

It has also been reported that discount store chain Don Quijote would be hiring more multilingual foreign staff to prepare for a rise in duty free shopping services. Interestingly, it was reported that the tumbling Yen has sparked a growing secondhand market in the smartphone category. million by 2026.

Discount Store 130

Discount Store Accounting Shopping Marketing 130

I Vend

MARCH 14, 2022

Optical retail is a large and growing global market. billion market in 2021 , nor that it is forecast to continue to grow at 6% over the next seven years. Personalisation – digital commerce gives optical retailers the opportunity to understand customer preferences, for targeted marketing.

Customer Retention 98

Customer Retention Department Stores Discount Store Target Market 98

Mike Anthony

JULY 28, 2021

Their stores are proximate to a high number of shoppers, and they are already opening more and more proximity stores. And in most markets they continue to aggressively expand their store footprint, which will make their stores even more convenient to visit. Secondly what they sell isn’t the point.

Shopping 147

Shopping Discount Store Returns Management 147

Inside Retail

MARCH 13, 2023

Prices are rising around the world, but while markets such as the US, UK and Australia are battling inflation rates of between six and eight per cent, consumers in the Philippines are paying as much as 15.62 I live in a lower-middle class neighbourhood, and I can say that these stores serve as the grassroot centre of economic activity.

Consumer 130

Consumer Store Operations Marketing Promotions 130

Small Biz Trends

JULY 11, 2022

Rebalance and Revisit Stock Market Assets. Look towards products and services that are underserved in the market which you can fill with ease. Look towards technology to give you that additional edge such as opening an online store and drop shipping. In other words, you might need to sell some stocks and buy more of others.

Drop-Shipping 115

Drop-Shipping Finance Payment Services Accounting 115

Inside Retail

MARCH 20, 2023

The US retailer, which opened its first store in Australia in 2017, also operates in the UK, Ireland, Austria, Germany, Poland and the Netherlands. Further reading: TK Maxx to enter South Australian market later this year The post TK Maxx set to open first WA store appeared first on Inside Retail.

Accessories 130

Accessories Apparel Fashion Planning 130

Inside Retail

MAY 2, 2021

Retail brands quickly realised that it was no longer business as usual after the pandemic set in, and marketing plans, execution, creative, and channels had to be re-thought wholescale. For grocery and discount stores, we anticipate 70-80 per cent of this e-commerce surge to stick around for good.”

Consumer 200

Consumer Social Commerce Shopping Returns 200

Inside Retail

JUNE 28, 2022

“As a global lifestyle retailer, approximately 70 to 80 percent of our product portfolio is similar across the world, while the remaining 20 to 30 percent are unique products that have been designed and chosen according to trends and consumer demands from different local markets,” Huang explained. The marketplace.

Inventory Turnover 130

Inventory Turnover Clienteling Social Commerce Consumer 130

Inside Retail

NOVEMBER 22, 2021

As of the end of September, Miniso operated 4871 stores, with a net addition of 122 stores during the quarter. “In

Net Profit 130

Net Profit Marketing Discount Store 130

Inside Retail

MARCH 17, 2022

We also find that we gain many customers who stumble upon our product in-store and recognise our packaging from content they’ve seen on Instagram, as part of our ongoing ambassador program and influencer marketing strategy. IR: What are some of your other plans for MCoBeauty this year?

Fashion 130

Fashion Department Stores Apparel Marketing 130