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Category: Retail Types


Retail Types, Stores

Home Depot issues cautious outlook after soft Q4

February 22, 2024

Via: Retail Dive

President and CEO Ted Decker described 2023 as a year of moderation following three years of exceptional growth. The home improvement retailer started last year “with more inventory than we would’ve preferred,” Decker said, according to a Seeking Alpha call […]


Retail Types, Stores

How Shop Premium Outlets is Helping Brands ‘Light Up’ Excess and Outlet Inventory

February 14, 2024

Via: Retail TouchPoints

It’s been more than four years since mall operator Simon launched its ecommerce joint venture with Rue Gilt Groupe, and the Shop Premium Outlets (SPO) marketplace is going strong. The site, aimed at bringing off-price inventory from Simon’s malls online, […]


Retail Types, Stores

The Impact of Sustainable Hangers in Retail Displays

February 7, 2024

Via: Retail TouchPoints

The retail landscape is evolving, driven by shifting consumer preferences and an increasing awareness of the environmental impact of traditional business practices. As demand for sustainability grows, retailers are tasked with reimagining their strategies to embrace eco-friendly solutions. Amidst these […]


Retail Types, Stores

From the Back Office to the Warehouse, Tracking Tech’s Impact

February 6, 2024

Via: SCMR Editorial

Like many legacy companies, Mary Kay Inc. was struggling with its indirect spend management. While the cosmetics giant was known for its innovative beauty products, its indirect spend management was stuck in spreadsheets and emails. Innovative spend management it was […]


Retail Types, Stores

Why Store-Within-a-Store Concepts are Essential for Brands

February 5, 2024

Via: RIS News

The physical shopping experience will always have a place in retail, but many retailers aren’t taking full advantage of their retail space. Store-within-a-store concepts offer an option that can help please customers and enhance the in-person shopping experience. The store-within-a-store […]


E-commerce, Retail Types

Amazon Looks To Elevate Discovery With AI-Driven Chatbot

February 5, 2024

Via: RetailWire

Amazon is launching its first AI-powered shopping assistant to empower mobile shoppers to search by query with answers delivered in a conversational context. Called “Rufus” after the dog of two early employees, the chatbot is based on a large language […]


Retail Types, Stores

How Will 150 New Walmart Stores Affect the US Economy?

February 1, 2024

Via: RetailWire

In a bid to expand its already significant presence, Walmart is planning a significant escalation in its reach across the U.S. The retail company’s plans include the construction or conversion of over 150 large-scale stores within the next half-decade. The […]


FMCG products, Retail Types

Dollar General Invests in AI as it Doubles Down on Fresh Food Commitment  

February 1, 2024

Via: Retail TouchPoints

Dollar General (DG) now offers fresh produce in more than 5,000 U.S. stores, giving the company more individual points of produce distribution than any other mass retailer or grocer in the country. DG stores that carry fresh produce are stocked […]


FMCG products, Retail Types

How Can Grocery Stores and Farmers Markets Continue To Grow Together?

January 29, 2024

Via: RetailWire

Grocery supermarkets and farmers markets have had a unique relationship, and while most consumers regularly shop at a grocery retailer, there are many benefits to shopping at local farmers markets. As reported by The Progressive Grocer, “Grocery stores remain the […]


Retail Types, Stores

Levi’s to Cut 10% to 15% of Corporate Workforce in First Phase of New Productivity Initiative

January 26, 2024

Via: Retail TouchPoints

As Michelle Gass readies to formally take the reins on Jan. 29, Levi Strauss & Co. has announced a “multi-year global productivity initiative,” dubbed Project FUEL, that is designed to accelerate the company’s long-term profitable growth. The first phase of […]


Retail Types

Walmart is Sharing More and More of its Data with its Suppliers. Here’s Why.

January 25, 2024

Via: Retail TouchPoints

If data is the new oil, then Walmart is sitting on a gusher. Three years ago, the company launched a concerted effort to refine and distribute that rich resource, not just for itself but also for its suppliers. The result […]


Retail Types, Stores

How An Indie Bike Shop Took Control of Inventory Management

January 24, 2024

Via: Lightspeed

Every retail business has inventory, but some stores are more complicated than others. And it can take a lot of trial and error before mastering inventory management systems. Consider the bike shop: in the sales department alone, there are all […]


FMCG products, Retail Types

5 Takeaways on Putting Generative AI To Work in Food Retail

January 24, 2024

Via: RIS News

The FMI Midwinter Executive Conference keynote session “Putting Generative AI to Work for Food Retail” brought industry leaders together to discuss the transformative impact of artificial intelligence (AI) in the grocery retail industry. Sponsored by Invafresh, Doug Baker, vice president, […]


Retail Types, Stores

Walmart to close Store No. 8: WSJ

January 22, 2024

Via: Retail Dive

Walmart announced the launch of Store No. 8 in 2017. The unit was created to help the company compete with Amazon. The unit focused on health and wellness; sustainability and the circular economy; social commerce and the creator economy; the […]


Retail Types, Stores

5 ways to make your new store opening more efficient

January 16, 2024

Via: Retail Dive

It’s an encouraging time when a brand is thriving and is able to open additional locations. In the first six months of 2023, U.S. retailers announced plans to open about 3,420 new stores, according to The Daily on Retail. While […]


Retail Types, Stores

How Retailers can Combat Inventory Shrinkage with Drone-Powered Warehouse Monitoring

January 10, 2024

Via: Retail TouchPoints

There’s been a lot of talk recently about retailers reporting lower-than-expected earnings due to inventory shrinkage. What does this mean exactly? According to the Corporate Finance Institute, “Inventory shrinkage occurs when the number of products in stock are fewer than […]


E-commerce, Retail Types

AI Robotics will Drive the Future of Ecommerce

January 5, 2024

Via: Retail TouchPoints

Supply chains have always been critically important. When retailers invest correctly, logistics presents the opportunity for not only hard cost savings but long-term value creation as organizations find innovative ways to deliver products into the hands of consumers. Logistics operations […]


E-commerce, Retail Types

Sneaker and Sportswear Ecommerce: the ‘Non-Luxury’ Luxury Apparel Leader 

December 29, 2023

Via: Retail TouchPoints

The humble sneaker has long been a staple item in closets everywhere for consumers of all ages. The consistent appeal of sneakers and sportswear has grown in recent times with customers, particularly from the Gen Z demographic, continuing to favor […]


E-commerce, Retail Types

Are retailers ready for peak returns season?

December 19, 2023

Via: Retail Dive

Despite tight budgets and wariness about the economy, U.S. consumers have come through for retailers in 2023, and that has continued into the all-important fourth quarter. Even with some holiday promotions moving into October, Black Friday and Cyber Monday helped […]


Retail Types, Stores

6 Trends Driving Store Design Innovation in 2024

December 13, 2023

Via: Retail TouchPoints

After years of lockdowns and digital-driven behaviors, consumers’ actions have shown how crucial the store experience is to how they shop and interact with brands. So it’s no surprise that 47% of executives believe that store design and experience have […]