Retail TouchPoints

JANUARY 12, 2023

Centric Software will introduce Centric Planning, a retail planning solution designed to help companies achieve strategic and operational digital transformation goals, at the 2023 NRF Big Show. Ultimately, the tool aims to help increase margins by enhancing the accuracy of forecasts and helping retailers optimize their decisions.

Planning 278

Planning Wholesale Management ATS 278

Retail TouchPoints

JANUARY 2, 2024

Nike has laid out a plan to cut up to $2 billion in costs over the next three years in a bid to “accelerate future growth while building a faster, more efficient” organization, executives shared during the company’s fiscal 2024 Q2 earnings call. However, currency-neutral wholesale revenues were down 3% to $7.1

Planning 289

Planning Wholesale Promotions Management 289

Retail TouchPoints

JUNE 2, 2022

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%. as well as plans to triple the ecommerce business. This shift to a DTC-first mentality doesn’t mean the end of Levi’s wholesale relationships, however. billion this year.

Planning 296

Planning Wholesale Location Marketing 296

Retail TouchPoints

JULY 26, 2021

If you’re a wholesale retailer or brand owner and you haven’t already launched a direct-to-consumer sales channel, you’d better be thinking about it. The global pandemic not only accelerated the growth in ecommerce, it highlighted the shortcomings of wholesale-only sales channels. to visit your website. Web Design & Development.

Wholesale 279

Wholesale Payment Services Fulfillment Returns 279

Retail TouchPoints

AUGUST 8, 2023

As we’ve made a strategic shift to become a licensed wholesaler, it’s clear that our long-term growth momentum must be rooted in the success of our strong network of retail partners,” said Leon Bergmann, CEO of Save A Lot in a statement. This acquisition marks the final chapter in the retailer’s wholesale transformation, which began in 2020.

Wholesale 245

Wholesale Supermarket Grocer Location 245

Retail TouchPoints

JANUARY 18, 2024

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.

Planning 263

Planning Customer Retention Wholesale Location 263

Retail TouchPoints

JULY 29, 2020

Burton’s business has changed over the years, from almost exclusively wholesale to a 75%/25% mix of wholesale and DTC, but its systems hadn’t changed with it, explained Josee Larocque, Burton’s SVP of DTC and Digital Transformation in an interview with Retail TouchPoints. We began the journey by getting our heads around the data.”.

Planning 317

Planning Wholesale Customer Experience Store Operations 317

Retail TouchPoints

MAY 17, 2024

Under Armour announced plans for a restructuring following disappointing results in its fourth quarter and fiscal year 2024 (ended March 31, 2024), as well as the expectation that revenues will continue to decline anywhere from 15% to 17% in North America in the coming year.

Planning 272

Planning Wholesale Promotions Returns 272

Retail TouchPoints

APRIL 1, 2024

RTP: Casper has its roots in DTC, but you’ve since expanded with your own stores and through wholesale. It’s the other side of wholesale — furniture stores and specialty mattress retail, which is by the way where the majority of mattresses are purchased. How do you view those channels? Megibow: Our stores do great.

Wholesale 261

Wholesale Consumer Shipping Customer Experience 261

Retail TouchPoints

SEPTEMBER 8, 2023

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.

Planning 277

Planning Grocer Wholesale Payment Services 277

Retail TouchPoints

OCTOBER 13, 2023

Netflix is reportedly planning to open permanent brick-and-mortar stores, beginning in 2025 with two in the U.S. The streaming company also has explored wholesale partnerships, with Walmart expanding its in-store Netflix Hubs to 2,400 locations in October 2022. followed by a global rollout, according to Bloomberg.

Location 264

Location Planning Wholesale Consumer 264

Retail TouchPoints

NOVEMBER 15, 2023

Starbucks Workers United , the union trying to organize Starbucks workers across the country, is planning a “Red Cup Rebellion” on Nov. 16, the retailer’s “Red Cup Day” — traditionally one of Starbucks’ busiest days of the season.

Planning 290

Planning Department Stores Wholesale Location 290

Inside Retail

APRIL 8, 2021

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?

Planning 246

Planning Wholesale Fashion Marketing 246

Retail TouchPoints

JUNE 17, 2022

B2B brand discovery platform Product Guru is bringing its online service — which connects brands and retailers — to the real world, with plans for a series of temporary concept stores in London.

Planning 292

Planning Beauty and Health Wholesale Marketing 292

Inside Retail

JULY 13, 2023

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. Then, as part of our longer-term plan, we will look to expand to other locations. The plan is to support the concepts with outlets in similar areas.

Planning 246

Planning Wholesale Shipping Location 246

Retail TouchPoints

NOVEMBER 3, 2021

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.”.

Planning 315

Planning Wholesale Marketing Location 315

Inside Retail

JUNE 12, 2023

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.

Planning 244

Planning Wholesale Point of Sale Marketing 244

Inside Retail

FEBRUARY 11, 2024

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.

Planning 264

Planning Drop-Shipping Customer Experience Wholesale 264

Retail TouchPoints

AUGUST 4, 2023

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.

Specialty Retailers 246

Specialty Retailers Wholesale Planning Outdoor 246

Retail TouchPoints

APRIL 8, 2024

The non-alcoholic (NA) beverage brand plans to continue operating as a wholesaler and a DTC ecommerce retailer. Detailed information about Boisson’s restructuring plans was not available at press time. This and other difficult decisions have been made, including the decision to close all retail locations.

Wholesale 264

Wholesale Fulfillment Planning Location 264

Retail TouchPoints

NOVEMBER 22, 2024

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.

Wholesale 276

Wholesale Location Planning Marketing 276

Inside Retail

JULY 18, 2023

The rebranding is part of a $370 million, three-year transformation plan for the company which will see older stores revamped and an upgraded customer loyalty program. The post Woolworths plans $370 million rebrand, upgrade of its NZ store network appeared first on Inside Retail.

Planning 246

Planning Supermarket Department Stores Wholesale 246

Inside Retail

JULY 19, 2023

After winding up the label, she identified an opportunity to combine her passion for fashion and design with her experience in wholesale, and working with corporate and hospitality clients. Cargo Crew is now planning to formally enter the US market, with plans to establish an on-the-ground team and PR presence before moving stock.

Planning 246

Planning Telecommunications Fashion Wholesale 246

Retail TouchPoints

JULY 26, 2024

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.

Wholesale 264

Wholesale Finance Planning Location 264

Retail Focus

AUGUST 23, 2022

Primark is partnering with the Vintage Wholesale Company, an independent vintage clothing business, to open two new concessions in its flagship Birmingham and Manchester stores, under the brand WornWell by the Vintage Wholesale Company. . Riccardo Seaton, Director of WornWell by the Vintage Wholesale Company : . “We

Wholesale 279

Wholesale Boutique Fashion Marketing 279

Inside Retail

NOVEMBER 8, 2023

EOIs aren’t done deals, but the calls I’ve received have ranged from regular customers who genuinely love the business and want to be a part of it, to wholesale investors and growth funds who are looking at Belles from a commercial perspective,” Jenner-Leuthart said. “We

Planning 244

Planning Location Wholesale Management 244

Retail TouchPoints

MARCH 29, 2021

The shoe retailer reportedly closed its wholesale accounts with Fred Meyer , Zappos , Dillard’s , City Blue , VIM , EbLens , Belk , Bob’s Stores and Boscov’s in August 2020. The shoe brand is planning to expand its own brick-and-mortar footprint with 30 additional stores in the second half of 2021.

Sporting Goods 321

Sporting Goods Wholesale Specialty Retailers Accounting 321

Retail TouchPoints

JULY 26, 2024

A Denver District Court judge has stopped the Kroger-Albertsons merger in its tracks, cancelling a planned Aug. I am pleased that Kroger and Albertsons agreed to halt their plans to merge until the court rules on the state’s lawsuit to permanently block the grocery merger,” said Phil Weiser, Attorney General of Colorado in a statement.

Grocer 264

Grocer Wholesale Supermarket Planning 264

Retail TouchPoints

JANUARY 18, 2024

The planned $24.6 While this is longer than we originally thought, we knew it was a possibility and our merger agreement and divestiture plan accounted for such potential timing,” according to a joint statement from the retailers. “We Top execs from both companies defended the merger in testimony to a U.S.

Grocer 264

Grocer Wholesale Supermarket Accounting 264

Retail TouchPoints

JANUARY 13, 2023

The creditors plan to take over Morphe’s wholesale operations, online platforms and international retail stores, subject to court approval. FORMA Brands plans to use the transaction to strengthen its financial position and help execute its long-term growth strategy, which includes a pivot toward wholesale and ecommerce operations.

Wholesale 289

Wholesale Finance Promotions Planning 289

Retail TouchPoints

APRIL 22, 2024

billion merger, Kroger and Albertsons have increased the number of supermarkets they plan to divest by 166 , for a total of 579 stores. The retailers also have increased the corporate and office infrastructure they would sell to C&S Wholesale Grocers , as well as additional private label product lines, for a total of approximately $2.9

Grocer 255

Grocer Wholesale Supermarket Planning 255

Retail TouchPoints

MAY 3, 2023

The acquisition will add new product categories to the Francesca’s assortment and allow it to leverage Richer Poorer’s wholesale network, as well as help grow its share of wallet in the Gen Z and millennial women’s segments. “I million.

Apparel 276

Apparel Wholesale Planning ATS 276

Retail TouchPoints

JANUARY 9, 2024

Although Solo Brands plans to share more extensive financial details in its fiscal 2023 results call in March, interim CFO Andrea Tarbox shared in a statement that Q4 results “came in below expectations as we experienced softer-than-anticipated sales in our direct channel.”

Outdoor 290

Outdoor Wholesale Marketing Spend Sporting Goods 290

Inside Retail

JUNE 25, 2024

Other assets include Drummond’s interests in 17 company-owned stores and its 66 per cent shareholding in wholesale golf company Golf Works. The company is planning to increase earnings to $12.6 According to the Australian Financial Review , Lion started pitching the 50-year-old company to interested parties last month.

Wholesale 306

Wholesale Apparel Planning Marketing 306

Retail TouchPoints

MAY 12, 2023

based wholesale and retail business assets of the Scotch & Soda brand, which will allow its products to be sold in retail stores across the country. Bluestar plans to invest in marketing initiatives to introduce new consumers to the brand and support strong consumer engagement worldwide.

Wholesale 330

Wholesale Accessories Apparel Brand Management 330

Retail TouchPoints

MARCH 13, 2024

have established new partnership parameters amid Tempur Sealy’s planned acquisition of Mattress Firm. Tempur Sealy initially announced its plans to acquire Mattress Firm in May 2023 for $4 billion in a cash and stock transaction. Initially, Purple only planned to commit to the partnership for a two-month period.

Wholesale 275

Wholesale Planning Consumer Marketing 275

Inside Retail

NOVEMBER 21, 2024

Adore Beauty plans to expand its national retail store network over the next three years to accelerate its omnichannel growth. The beauty retailer will also grow its owned brand portfolio through retail and direct-to-consumer channels, as well as wholesale partnerships in new geographic regions. per cent to 814,000.

Planning 130

Planning Wholesale Consumer Marketing 130