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Target Details Plans to Drive Over $15 Billion in Sales Growth by 2030

Retail TouchPoints

Target has ambitious plans to drive an additional $15 billion in sales growth by 2030. The retailer revealed these long-term plans along with financial results of its 2024 fiscal year, which ended Feb. Targets net sales decreased by 0.8% compared to the previous year, falling from $107.4 billion to $106.6 Comparable sales rose 0.1%

Planning 179
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How to Revitalize Seasonal Businesses to Stay Open All Year

Retail TouchPoints

Managing this requires keen budgeting skills and pre-planning, which can cause stress for seasonal business owners. Thoughtful budgeting and money-saving strategies are a crucial part of any business plan, seasonal or not. Workforce management also can be a key component to expanding into year-round operations.

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JCPenney Joins SPARC Group to Form Catalyst Brands

Retail TouchPoints

A Robust Portfolio of Fashion Brands With a range of offerings including formal fashion from Brooks Brothers, casual apparel for younger consumers from Aropostale, outdoor apparel and gear from Eddie Bauer and everyday fashion for the whole family from JCPenney, Catalyst Brands will boast expansive reach across multiple market and customer segments.

Apparel 290
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How AI is set to revolutionise inventory management

Inside Retail

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Oh!some sets sights on new markets, reaching 100 stores this year

Inside Retail

some entered the Indonesian market in 2019, citing a gap in diverse retail product offerings. some manages a supply chain spanning global sourcing, inventory management, and logistics. some identified Malaysia as its next key market, driven by the countrys young consumer base and thriving retail environment.

Marketing 130
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Party City Debuts New Online Party-Planning Marketplace in Las Vegas

Retail TouchPoints

Party City has launched a new digital party-planning marketplace, aptly called Party+ Marketplace , that brings together local vendors and service providers with the retailers’ range of party supplies.

Planning 276
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Sheetz Adopts Unified Solution to Optimize Demand Planning

Retail TouchPoints

Sheetz , a convenience store chain with 630 stores across six states, has chosen the RELEX Solutions unified retail planning solution. The retailer will use the technology to help position it for store and supply chain growth as well as dynamic marketing opportunities.

Planning 256