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Ollies Bargain Outlet has acquired 40 former Big Lots stores, jumpstarting its plans to open 75 new stores by February 2026. Ollies announced its real estate plans along with its financial results for FY 2024, which ended Feb.
British footwear and accessories label Kurt Geiger has unveiled plans to bring its London verve across the pond in a big way. where the brand has previously been sold via its owned website and wholesale at retailers including Bloomingdales , Nordstrom and Dillards sales grew 58.7% Following the opening of its first U.S. million ($3.1
compared to the same period the previous year, Advance Auto Parts (AAP) will close 523 corporate stores, exit 204 independent locations and shutter four distribution centers. APP is planning to open 60 of these market hub locations by mid-2027, as well as consolidating its distribution centers to 13 large facilities by 2026.
Variety Wholesalers , one of the purchasers of assets from the bankrupt Big Lots discount chain, will reopen a total of 219 stores under the Big Lots banner, beginning on April 10, 2025 with nine locations in six states: Kentucky, Louisiana, Mississippi, North Carolina, Tennessee and Virginia.
Athleisure brand Fabletics will adopt a suite of SaaS-based supply chain planning solutions from Blue Yonder , including demand planning, allocation and replenishment, merchandise financial planning and size scaling. The transformation will be supported by Blue Yonder partner Plantensive.
Toys R Us continues to captivate customers around the world, and we are thrilled to partner with a strong wholesale and retail operator like Cotton Candy International to introduce this beloved brand of families to Latin America for the very first time, said Stanley Silverstein, Chief Commercial Officer at WHP Global in a statement.
BJ’s Wholesale Club has entered a partnership with Simbe to roll out the solution provider’s automated business intelligence robot, Tally, to all 237 stores. The retailer plans to utilize the AI-powered solution to provide greater visibility into club conditions and drive deeper business insights.
BJ’s Wholesale Club will open five warehouse club stores in Tennessee, South Carolina, Florida and Indiana. These will be the first of 12 new locationsplanned for BJ’s 2024 fiscal year, which will end in February 2025; the retailer also plans to open 15 gas stations during this period.
BJ’s Wholesale Club will raise its annual membership fees by $5 to $60 per year, and its Club+ fee will rise $10 to $120 per year, effective Jan. Our third quarter results demonstrate the combination of great value and strong execution,” said Bob Eddy, Chairman and CEO of BJ’s Wholesale Club in a statement. “We million members.
Through the partnership, Liverpool will manage all of Fabletics’ retail locations, ecommerce and wholesale operations across the region, starting in Q2 2025. In the future, the brand plans to expand its assortment to include more specialized collections and collaborations, such as its ongoing partnership with Khloé Kardashian.
Netflix is reportedly planning to open permanent brick-and-mortar stores, beginning in 2025 with two in the U.S. Netflix has operated multiple pop-up stores around the world, including a multi-title location in Los Angeles that operated during the 2022 holiday season and a Manhattan location tied to the Bridgerton series.
Privately held hardware wholesaler True Value has filed for Chapter 11 protection in the U.S. During the reorganization process, the 75-year-old retailer will continue to operate its 4,500 stores, which are independently owned, except for a corporate-owned location in Palatine, Ill.
BJ’s Wholesale Club is testing out a smaller store format called BJ’s market. BJ’s market will serve as an exciting new innovation lab for BJ’s Wholesale Club,” said Bill Werner, EVP, Strategy and Development at BJ’s Wholesale Club in a statement. “We The first 43,000 -square-foot concept store opened in Warwick, R.I.
The Laura Ashley brand currently is distributed in more than 80 countries via wholesale, digital marketplaces and at more than 150 branded retail locations. With the addition of Laura Ashley, Marquee now puts the retail value of its brand portfolio at $4 billion.
Westfield Century City is centrally located in Los Angeles, making it a retail Mecca of sorts for locals and tourists alike. Photo credit: Calpak From Pop-Up to Permanent Calpak initially realized the power of retail when it started forging partnerships with Nordstrom and other wholesale partners, according to Shin.
To hit the $10 billion mark in the next five years, the company plans to increase DTC revenues from their current 36% of the total to 55%. This will be facilitated by 400 new stores, mostly smaller-format locations, approximately 100 of which will be in the U.S., as well as plans to triple the ecommerce business.
Save A Lot has relicensed its 18 remaining corporate-owned supermarkets, completing its strategy of shifting ownership and operations of all locations to independent licensed ownership. The time was right for us to step fully into our role as a licensed wholesaler and put all operations in the hands of our dedicated retailers.”
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.
Starbucks Workers United , the union trying to organize Starbucks workers across the country, is planning a “Red Cup Rebellion” on Nov. The site’s home page boasts of having unionized more than 360 Starbucks locations and having over 9,000 union partners. store was only the second REI location to be organized.
The company owns and operates 34 locations, both flagships or outlets, and the remainder are owned and operated by partners such as high-end resorts. The second prong was replacing foundational systems, such as the company’s legacy enterprise resource planning (ERP) system. “It The Burton name is on 66 stores in 10.
The retailer was acquired by Marquee Brands for approximately $50 million in December 2019 with plans to emphasize “ecommerce, select wholesale partnerships and strategic marketing relationships.”. A Pea in the Pod parent company Destination Maternity closed all its banners in late 2019 following bankruptcy proceedings.
Kroger and Albertsons will sell 413 stores across 17 states and the District of Columbia, along with eight distribution centers, two offices and five private label brands, to C&S Wholesale Grocers for approximately $1.9 billion in cash.
Co-ops newly rebranded wholesale division has secured a significant multi-year agreement with UK motorway services operator Roadchef, aimed at accelerating growth and enhancing the on-the-go retail experience. Just last week, the division also revealed a planned 800,000 investment in reducing wholesale prices across key own-brand lines.
What we’ve seen since this handover is a period of exponential growth across our direct-to-consumer (DTC) channels, as well as with our wholesale distribution. Our Chadstone store is perfectly located – positioned amongst some of the leading brands in the market – and enabling us to highlight the story and history behind Reebok.
Success for the brand’s own retail operations may be leading Ralph Lauren to shift some of its attention away from its wholesale business. The company feels that now is the right time to invest in localized websites in particular, which “have a very strong ROI and payback after the first 10 months.”.
Dutch fashion retailer Scotch & Soda is accelerating its global expansion plans with a total of 15 new brick-and-mortar stores and 12 shop-in-shops opening worldwide over the next six months. IR: How are you planning to grow the brand in Asia Pacific?
Australian coffee roaster and cafe, The Reformatory Labs, has opened its first international location in Dubais W Residences. The Arada real estate firm was part of the organisations UAE launch and has plans to open 10 more stores across Dubai, Sharjah and Abu Dhabi by the end of 2027.
The brand has steadily expanded from a direct-to-consumer model to global operations, with several bricks-and-mortar locations and a wide range of online and physical retail partners including Ssense, Farfetch, Luisa Via Roma and Revolve. Once we’ve achieved that, we’d love to explore other locations in the US.
wholesale accounts, along with 10 independent specialty retailers in the southeastern U.S. We’re grateful to be in a position to expand our retail presence and build new wholesale relationships in order to serve more customers.” The outdoor goods retailer also will add Dillard’s and Moosejaw to its key U.S. billion in revenues.
Since launching in Melbourne in 2014, Belles Hot Chicken (Belles) has grown to six existing locations, including a new opening in Bondi, Sydney, a few weeks ago, and is now looking to raise between $1 million and $2 million to fund further expansion. In the campaign’s first week, it received over 1,000 expressions of interest (EOIs).
Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.
Convenience store chain Casey’s General Stores has agreed to acquire Fikes Wholesale , owner of CEFCO Convenience Stores. Fikes Wholesale and CEFCO began as a single filling station in Cameron, Texas in 1952 and have since grown to encompass 198 stores across multiple states as well as a dealer network.
Small beginnings In 1972, the Gance brothers bought their first pharmacy as graduates in the Melbourne suburb of Reservoir and went on to buy another pharmacy three years later located only 300 metres away from their first storefront.
The non-alcoholic (NA) beverage brand plans to continue operating as a wholesaler and a DTC ecommerce retailer. This and other difficult decisions have been made, including the decision to close all retail locations. Detailed information about Boisson’s restructuring plans was not available at press time.
Thailands mashup of Smiggle, Daiso and Miniso now has a foothold in 158 locations in 59 of Thailands 76 provinces plus Greater Bangkok. Indeed, 2025s business plan includes piloting large-format stores in such locations. For 2025, the companys business plan is to end the year with about 200 stores. million baht ($3.5
During her time at Lululemon, which spanned 13 years from 2012 to 2020, Shaughnessy led over 40 stores and oversaw the brand’s national wholesale and community presence in ANZ. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards. It also took home the award for outstanding growth.
Rituals is set to double down on its growth plans after topping 2bn (1.77bn) in sales for the first time in its 25-year history. As part of its expansion strategy, Rituals plans to open 240 new stores globally in 2025, including significant growth in the UK and Ireland. from 1.7bn (1.4bn) in 2023.
PINKO , known for its prêt-à-porter collections for women, is planning a U.S. The location will serve as the new U.S. in addition to more than 250 single-brand and franchised stores globally, and approximately 1,500 wholesale sales outlets. flagship store for the brand, which currently operates five stores in the U.S.
(DBG), which has a portfolio of luxury lifestyle brands such as Bailey 44, DSTLD and Sundry , plans to open its first retail store in Dallas. Located at the Simon Premium Outlet Mall in the Dallas suburb of Allen, Texas, DBG will use the store to clear excess inventory it acquired with its Sundry acquisition, which was completed January 2023.
Seeking to take advantage of a growing resale market, pre-owned designer goods reseller MARQUE Luxury has opened a New York showroom located at 261 Fifth Ave., marking the retailer’s first location in the northeast and its third on the East Coast. “Our team has thoughtfully planned the design and location for this showroom.
As part of the bankruptcy plan, Harbin Pharmaceutical Group Holding Co. GNC stores were located primarily in strip centers and malls, two shopping venues that were hard-hit by COVID-19. GNC Holdings, the retailer’s parent company, went through a “pre-packaged bankruptcy” in June 2020 that included closing 800 to 1,200 of its stores.
When planning their strategy for growth, DTC brands can choose to: Increase distribution channels through avenues such as wholesale partnerships ; Expand their product assortments ; Use additional marketing channels ; and Build a community of like-minded consumers. DTC Brands Can Leverage the Power of Strategic Wholesale Partnerships.
This marks the brand’s sixth store, with four locations across Australia and one shop in Montreal, Canada. Anderson explained that this has been largely driven by the brand’s wholesale and e-commerce channels. In June, Silk Laundry opened its first US-based bricks-and-mortar shop in Los Angeles, California.
The Start Up Loan was crucial in supporting Robin Valley in its transition from a small start up to a successful wholesale distributor and now a business with physical retail premises. The business is now aiming to build the brand to become the Pandora of the wooden jewellery sector, with the team planning to open more stores in 2025.
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