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What’s driving the transformation of China’s department stores?

Inside Retail

Slower revenue growth, shrinking profit margins, and a dwindling share in the national retail economy have pushed many operators to re-evaluate their strategies. More than 70 per cent of surveyed department-store operators experienced year-on-year sales and net profit declines last year, including Xujiahui Shopping Mall and Inzone Group.

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Essential Retail Store Pre Opening Checklist for a Successful Launch

Small Biz Trends

Evaluate Readiness: A comprehensive checklist allows you to assess all areas of your store on opening day, from product displays to staff training, enhancing customer satisfaction. Opening a retail store is an exciting journey filled with endless possibilities. How do I evaluate the store’s location effectively?

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How Do You Manage Multiple Retail Stores?

RETAIL MANAGEMENT SOFTWARE

If you’re a retail business owner managing multiple retail stores, keeping your eye on the prize might be challenging. Understanding how your shops perform in terms of inventory and ROI is essential to the success of any multi-store operation. The post How Do You Manage Multiple Retail Stores? Start with: 1.

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Tractor Supply Grows Long-Term Store Goal to 3,200 Locations

Retail TouchPoints

plans to open approximately 100 new stores in 2025 as it moves toward its eventual goal of operating 3,200 locations 200 more stores than its previous target as part of its Life Out Here 2030 strategic vision. increase compared to the same period the previous year, with comparable store sales declining by 0.2%.

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Try-On Data Unlocked: Driving In-Store Analytics for a Smarter Retail Experience

Retail TouchPoints

From the art of visual merchandising (VM) to the subtle science of store layout, many of the best decisions were historically guided by experience, gut instinct and the occasional stroke of genius. A quick VM or store layout adjustment could fix what might otherwise remain a mystery.

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Reports: Amazon Go to Hit the Suburbs with Locations in Washington State and California

Retail TouchPoints

Amazon is bringing its Amazon Go convenience store format to the suburbs with the launch of a location in Mill Creek, Wash. The retailer also is planning an Amazon Go location in the Los Angeles metro area. The larger size won’t be a challenge: in early 2020, Amazon opened a 10,400-square-foot cashierless grocery store in Seattle.

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Circle K Will Retrofit Stores To Pilot Autonomous Checkout

Retail TouchPoints

Circle K will pilot a touchless autonomous checkout solution in one of its Phoenix locations and plans to add the technology to other store locations. In the pilot store, shoppers can pay via a smartphone app for a completely touchless experience, or pay with cash or a card at a kiosk or traditional POS station.