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BJ’s Wholesale Club Positions Smaller Store Concept as ‘Innovation Lab’

Retail TouchPoints

BJ’s Wholesale Club is testing out a smaller store format called BJ’s market. BJ’s market will offer the same product sizes and pricing as BJ’s club stores, as well as the same omnichannel services such as curbside pickup and same-day delivery. The first 43,000 -square-foot concept store opened in Warwick, R.I.

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$400 Million Funding Round Pushes Wholesale Marketplace Faire’s Value to $12.4B

Retail TouchPoints

Online B2B wholesale marketplace Faire has closed a $400 million Series G funding round, its third in the last year. The new capital will be used to continue to hire top talent, build new tools to equip its customers, grow Faire’s supply of global brands and introduce the platform into new markets.

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BJ’s Wholesale Club Plans to Open 12 New Stores, 15 Gas Stations by Q1 2025

Retail TouchPoints

BJ’s Wholesale Club will open five warehouse club stores in Tennessee, South Carolina, Florida and Indiana. in the Knoxville market, BJ’s fourth location in the Volunteer State; Myrtle Beach, S.C., in the Knoxville market, BJ’s fourth location in the Volunteer State; Myrtle Beach, S.C., its second store in the Hoosier State.

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Shopify Invests in Wholesale Marketplace Faire, Expands Reach into B2B Ecommerce

Retail TouchPoints

Shopify has taken a stake in the B2B retail marketplace Faire and is establishing Faire as the recommended wholesale marketplace for its millions of global merchants through a deeper integration between the two platforms. The size of Shopify’s stake in Faire was not disclosed.

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Wholesale Marketplace Bulletin Acquired By NY NOW Parent Company Emerald Holding

Retail TouchPoints

Bulletin , a wholesale marketplace connecting over 3,000 independent brands with more than 26,000 retailers, has been acquired by Emerald Holding , the owner and organizer of NY NOW , the wholesale market for retail where brands, buyers and designers gather to connect and discover. The NY NOW Summer Market will be hosted Aug.

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What does wholesale look like in 2023?

Inside Retail

The traditional wholesale model is broken – and Covid is not to blame. Consider how a traditional wholesale deal works. B2B2C marketplaces: Smarter than wholesale The B2B2C marketplace is a pandemic-proof model, but it’s more than a pandemic workaround. Smarter than wholesale, much more suited to the nuances of e-commerce.

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Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

Retail TouchPoints

The company’s wholesale business is still thriving, but now it’s only part of an omnichannel strategy that includes ecommerce , social commerce and marketplaces. Introducing DTC Without Damaging Wholesale. The key in the end was to ensure that Natori.com wasn’t really competing with the brand’s wholesale partners.

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