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 189

Location Discount Store Planning Marketing 189

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

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 299

Thrift Store Consumer Clienteling Fulfillment 299

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 337

Markdowns Drop-Shipping Consumer Discount Store 337

Retail TouchPoints

SEPTEMBER 1, 2023

As a result, Dollar General is revising its financial outlook: the retailer initially planned net sales growth in the range of 3.5% In addition, the retailer is revising its planned same-store sales growth of 1.0% 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 264

Markdowns Apparel Planning Consumer 264

Inside Retail

AUGUST 26, 2021

“Kmart and Target earnings growth [of 69 per cent to $693 million] was driven by higher sales, lower clearance costs and an improvement in the cost of doing business as a result of planned network changes,” Scott said. Likewise, Officeworks’ revenue jumped 8.7

Net Profit 246

Net Profit Fulfillment Planning Management 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

SEPTEMBER 6, 2023

And the latest global research from ESW shows that 73 per cent of Millennial shoppers plan to spend the same or more online this year, making this generation the leader in global e-commerce spending. So how can retailers capitalise on the Millennial market and what drives this generation’s interests? And, why wouldn’t they?

Marketing 130

Marketing Consumer Accounting Apparel 130

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 1, 2021

TheDOM.com (DOM stands for Digital Off-Price Mall) will offer discounted designer fashion, streetwear and activewear from more than 90 leading Australian and international brands when it goes live in the second half of June, and there are plans to expand into additional categories, such as homewares, electronics and travel, in the future. “We

Consumer 246

Consumer Markdowns Planning Shopping 246

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

OCTOBER 26, 2022

It’s going to be happy hauntings for retailers, as one in four Australians plan to celebrate Halloween this year. 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. In fact, a study done by NACS shows that two-fifths of consumers expected inflation or a potential economic slowdown to impact their 2023 Independence Day plans, and three-quarters were actively looking for ways to save money.

Consumer 148

Consumer Promotions Discount Store Apparel 148

Mass Relators

JANUARY 31, 2022

consumers plan to celebrate the holiday in 2022, up from 52% in 2021. Nearly a third (31 percent) of respondents plan to gift an “evening out” this year, up from 24 percent in 2021 and just slightly below pre-pandemic levels, for a total of $4.3 billion appeared first on MMR: Mass Market Retailers. More than half (53%) of U.S.

Jewelry 105

Jewelry Department Stores Discount Store Planning 105

Inside Retail

MARCH 20, 2023

The flagship store will sell a range of womenswear, menswear, children’s fashion, toys, shoes, accessories and homewares products from big brands at discount prices. A TK Maxx Australia spokesperson told The West Australian it plans to open more stores in Perth during the coming years.

Accessories 130

Accessories Apparel Fashion Planning 130

Small Biz Trends

JULY 11, 2022

Rebalance and Revisit Stock Market Assets. Have a Financial Plan. Having a well-thought-through financial plan can help in challenging times. Your financial plan should include a budget, healthy savings, investments in multiple financial products, and earning goals. Cut Out Unnecessary Costs.

Drop-Shipping 115

Drop-Shipping Finance Payment Services Accounting 115

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. This combination of challenge and opportunity means that never has brand been so important for optical retail stores.

Customer Retention 98

Customer Retention Department Stores Discount Store Target Market 98

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

Mass Relators

MARCH 28, 2022

WASHINGTON – Eighty percent of Americans plan to celebrate Easter this year and will collectively spend $20.8 With just more than half (51%) of consumers planning in-person celebrations, up from 43% the previous year, food will account for the largest spending category. on food, followed by $28.04 on gifts and $27.93 on clothing.

Consumer 52

Consumer Department Stores Discount Store Planning 52

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

Mass Relators

JULY 19, 2021

WASHINGTON – Consumers plan to spend record amounts for both school and college supplies as families and students plan to return to in-person classrooms this fall, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. on school items, which is $59 more than last year.

Department Stores 52

Department Stores Discount Store Planning Returns 52

Indigo 9 Digital

JANUARY 30, 2023

As shopping patterns change with more and more consumers choosing to shop at discount stores such as dollar stores or big box retailers like Target department stores have taken a hit and subsequently so have malls. The mix of retail stores in malls is changing. By 2020 Americans only spent a paltry 2.4%

Shopping 98

Shopping Department Stores Location Planning 98

Retalon

JUNE 10, 2020

Price planning is one of the most difficult (and often misunderstood) elements of retailing strategies. But emulating successful retailers in price planning isn’t enough. Standard price planning strategies (competition pricing, cost-plus, high-low, EDLP, etc.) What does this mean for price planning?

Planning 41

Planning Markdowns Promotions Accounting 41

Mass Relators

JULY 11, 2024

Families with children in elementary through high school plan to spend an average of $874.68 Similar to past years, the most popular destinations for back-to-school shopping are online (57%), department stores (50%), discount stores (47%), clothing stores (42%) and electronics stores (23%). for shoes ($7.6

Shopping 52

Shopping Department Stores Discount Store Accessories 52

Mass Relators

JUNE 3, 2024

Half of consumers plan to purchase a gift for a father or stepfather, followed by those purchasing gifts for a husband (26%), son (10%), brother (8%), friend (8%) or grandfather (6%). Like in 2023, three-quarters of consumers plan to celebrate Father’s Day this June. On average, those shopping for Father’s Day plan to spend $189.81

Specialty Store 52

Specialty Store Department Stores Discount Store Planning 52

Mass Relators

AUGUST 7, 2023

Families with children in elementary through high school plan to spend an average of $890.07 As in past years, the top electronics consumers plan to purchase are laptops (51%), tablets (36%) and calculators (29%). For all back-to-class shoppers, the top destinations are online, department stores and discount stores.

Discount Store 52

Discount Store Department Stores Consumer Accessories 52

Mass Relators

APRIL 27, 2023

WASHINGTON — Consumers plan to spend $35.7 Consumers plan to spend $274.02 Not only are consumers planning to spend more on these gift categories, but more consumers are interested in gifting these items than ever before. The post NRF sees record Mother’s Day spending appeared first on MMR: Mass Market Retailers.

Jewelry 52

Jewelry Department Stores Specialty Store Discount Store 52

Mass Relators

JANUARY 29, 2024

Over half of consumers (53%) plan to celebrate Valentine’s Day this year, on par with 52% last year. Overall, consumers plan to spend a total of $25.8 Sixty-two percent of consumers ages 25-34 plan to celebrate this year, more than any other age group. New spending records are expected for jewelry ($6.4 billion), flowers ($2.6

Jewelry 52

Jewelry Department Stores Discount Store Planning 52

Mass Relators

MARCH 24, 2023

WASHINGTON – Consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 As consumers plan to mark the occasion through a variety of traditions, retailers are dedicated to making this year a memorable holiday.” As in previous years, most consumers (54%) say they will buy Easter gifts from discount stores.

Specialty Store 52

Specialty Store Department Stores Discount Store Planning 52

Mass Relators

JANUARY 25, 2023

More than half (52%) of consumers plan to celebrate and will spend an average of $192.80. Those aged 35 to 44 plan to outspend other age groups, allocating $335.71 Americans plan to spend more than $5.5 The post NRF: Consumers to spend more for Valentine’s Day appeared first on MMR: Mass Market Retailers.

Consumer 52

Consumer Jewelry Specialty Store Department Stores 52

Mass Relators

JULY 13, 2023

Families with children in elementary through high school plan to spend an average of $890.07 As in past years, the top electronics consumers plan to purchase are laptops (51%), tablets (36%) and calculators (29%). For all back-to-class shoppers, the top destinations are online, department stores and discount stores.

Shopping 52

Shopping Discount Store Department Stores Consumer 52

Mass Relators

SEPTEMBER 19, 2022

WASHINGTON – More Americans plan to celebrate Halloween this year, according to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics, which found that holiday-related activity will return to pre-pandemic levels. Similar to last year, one in five plan to dress their pet up in a costume.

Planning 52

Planning Discount Store Returns Consumer 52

Independent Retailer

APRIL 5, 2022

As excited as consumers were to get outside and enjoy in-store shopping, these new complications are not mixing well with summer plans. Supply chain struggles continue to weigh on sales for retailers, and now seasonal items may be slow to hit store shelves. and Ross Stores Inc.,

Fashion 98

Fashion Shipping Discount Store Consumer 98

Mass Relators

OCTOBER 19, 2023

Survey respondents said they were planning to spend about $620 on gifts. Shopping destination trends continue with 58% of consumers planning to shop online this holiday season. That is followed by department stores (49%), discount stores (48%), and grocery stores and supermarkets (44%). percentage points.

Consumer 52

Consumer Department Stores Discount Store Accessories 52

Mass Relators

FEBRUARY 26, 2024

At the same time, the company is re-emphasizing the importance of its retail roots with plans to resume opening stores in the United States. At a number of recent industry forums, executives have described current activities and future plans and the vision that inspires them. store managers. According to Walmart U.S.

Discount Store 52

Discount Store Planning Management Fulfillment 52

A1 Retail

MARCH 7, 2023

Growth rates were also impacted by the lifting of Omicron Plan B restrictions last year, which caused a spike in spending due to pent-up demand, bringing down this year’s figures. percent) – although it’s worth noting that January’s figures were also inflated by the Plan B restrictions last year. percent) than in January (10.4

Consumer 52

Consumer Supermarket Discount Store Planning 52

Indigo 9 Digital

MAY 19, 2023

Primark is one of the fastest growing retailers in Europe with plans to have more of a presence in the United States. When you look at the retail sector it tends to be the top of the market, luxury retailers and the lower end of the market, discount stores that perform the best. Rock bottom prices.

Fast Fashion 52

Fast Fashion Advertising Returns Fashion 52