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The grocery industry has been lucky not to have the pendulum swing from the COVID closures of specialtyretail. Now is the time for grocers to embrace changes, learn from specialtyretailers and keep pace with modern trends.
JFK Millennium Partners (JMP) will work with Avolta company retailers Dufry and Hudson to operate duty-free, travel and specialtyretailstores in more than 28,000 square feet of space in the new state-of-the-art Terminal 6 at JFK Airport, scheduled to open in early 2026.
retail sales growth. At the same time, specialtyretailers like Party City and Joann faced challenges. How can retailers survive the current shift and optimize their physical stores to better connect with customers? Customers are now searching for convenience above anything else.
The new stores will open in prime locations that complement the existing Macy’s retail footprint, according to the company. No information about the number of planned stores or their opening dates was available. “As
PacSun has named Alfred Chang and Mike Relich as its new Co-CEOs, and promoted PacSun Chief Brand Officer Brieane Olson to President of the specialtyretailer. Chang is currently President of PacSun, and Relich had been serving as Interim CEO of PSEB Group, which owns PacSun and Eddie Bauer.
L.L.Bean will open four new stores this fall, two in Massachusetts and two in Quebec, along with a French-language ecommerce site to support its Canadian stores. The outdoor goods retailer also will add Dillard’s and Moosejaw to its key U.S.
Robling is offering COVID-19 store reopening analytics for both essential and specialtyretailers. The tools are designed to help retailers navigate operations during the pandemic with the environment’s special considerations in mind.
The Container Store has opened its 100 th brick-and-mortar location in Princeton, NJ — a small-format concept designed to boost employee productivity and optimize the customer journey. This is the sixth small-format location the Container Store has opened to date.
Cole Haan operates 90+ retailstores in the U.S. and Canada and more than 300 international store locations and also sells via department store and specialtyretail partners.
Theft is still a problem, but the rise in violent incidents has made retail environments much more dangerous. This trend isn’t uniform across the board — stores selling everyday goods in high-traffic urban locations are generally at higher risk than specialtyretailers and those situated in suburban shopping centers.
He is a well-respected thought leader with more than 32 years of experience in the retail and consumer products industries. His leadership experience includes specialtyretail management at the store and district levels, plus executive-level experience at multiple consulting firms and retail technology companies.
According to the survey, 35% of consumers will be most comfortable shopping at department stores following the pandemic, whereas only 16%. of consumers say they will feel most comfortable shopping at standalone specialtyretailstores. However, these retailers still have ways to draw customers back.
Work World was acquired by Gart Capital Partners in early 2020 and currently operates 23 retail locations across California and Nevada along with an ecommerce site, as well as distributing through partnerships with other businesses.
But many luxury retailers are actually considering larger spaces, and in combination with the greater frequency of luxury retail renovations, high-end brands and retailers need to take a data-driven, more agile approach to store design and experience.
Retailers must ensure their networks are protected against cyber threats with up-to-date security measures, including firewalls, encryption and regular security audits to safeguard sensitive data. Selecting the right tools : The market offers a variety of network analytics tools, each with its strengths and specialties.
RTP: The retail industry as a whole has been through one of its toughest years. Whiteley: Retail was changing even before the pandemic, particularly department stores and specialtyretail. What’s your take on the industry’s health and future?
The funds will provide “additional liquidity and financial flexibility” for the specialtyretailer to meet its obligations to vendors and execute its business plan, the company said in a release. Term loan lenders holding 97.8%
At the beginning of 2020, Hudson kicked off its deployment of the Flooid platform to provide a new backbone for all transactions across its 1,010 travel convenience stores and specialtyretail, which includes proprietary book and tech stores, duty-free shops and food and beverage concessions.
Marie Driscoll, a chartered financial analyst and a professor at Parsons, The New School and the Fashion Institute of Technology, told Inside Retail that the deal was inevitable considering the current state of US department stores. “The Will the deal prove to be successful?
Creating these unique customer journeys is easier said than done, especially for a retailer that touches so many varied consumer segments. “We’re For us to think very uniquely about each customer, their need, their journey, and then deliver that journey to them [in the time they want], we’ve got to be very disciplined.
What do the latest retail statistics tell us about retailing in 2021? We have assembled all the numbers you need, including storeoperations, shopper behaviors, how retailers market their businesses, and much more. Retail Statistics: The Big Picture. You might be surprised.
Clienteling productivity (whether through virtual appointments, personal shopping, or even picking up the old fashioned phone) will be critical for specialtyretailer performance. Metrics like traffic as a percent of occupancy limits will be useful as retailers understand what percent of possible traffic is visiting.
It can also support additional features like appointment scheduling for grooming services, loyalty programs, and e-commerce integration, providing a comprehensive toolset for managing both physical and online storeoperations. Experience firsthand how ChainDrive can transform your pet storeoperations.
By incorporating these key features into your POS system, you can streamline your arts and crafts storeoperations, enhance customer satisfaction, and gain valuable insights to drive your business forward.
Scot: [23:49] It makes logical sense the storeoperators themselves one credit for that stuff too. Jason: [23:55] But it just so you know no to retailers count that the same and so now you know it’s coming up as a problem.
This impacts different types of retailers in different ways, according to Pedersen. For example, smaller specialtyretailers that typically only have one to two people working at any given time can really feel the impact of that loss of flexibility.
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