Category: Stores

June 1, 2023

Walmart’s latest sustainability initiatives combine changes to its fulfillment processes as well as customer-facing options for reducing waste, including allowing online shoppers to opt out of plastic bags for store pickup orders and to request consolidation of multiple items into […]

May 31, 2023

A slew of retail store expansion plans have been announced this spring, as well as some new concepts from retailers. One highlight from the roundup below: Lowe’s is broadening its footprint with a new one-stop shop concept in up to […]

May 31, 2023

Expectations are never-ending in the retail industry. They’re also ever-changing — even more so in light of recent events. People have different mindsets when entering a brick-and-mortar store. Some people are certainly cautious about in-person interactions, so they’re often in […]

May 30, 2023

The three months ending April 29, were “clearly a disappointing quarter,” Thorn said. A contributing factor to the down quarter, according to Thorn, was the abrupt closure of United Furniture Industries in November. That company was Big Lots’ largest vendor. […]

May 22, 2023

Digital Brands Group — which also owns DSTLD, Stateside, Harper & Jones and Bailey 44 — is looking toward physical retail expansion and affiliate sales to fuel its growth this year. “We believe both channels will increase our e-commerce and […]

May 22, 2023

Inventory shrink driven by organized retail crime is expected to reduce Target’s profitability by an additional $500 million this year, the retailer’s CEO Brian Cornell said last week. “The problem affects all of us, limiting product availability, creating a less […]

May 19, 2023

The National Retail Federation (NRF) estimated that consumers would spend $274.02 per person on 2023 Mother’s Day and 75 percent would give flowers as a gift. Predicting and delivering these perishable items is a massive challenge, one that Bouqs (pronounced […]

May 18, 2023

A university study led by Rensselaer Polytechnic Institute finds rationing generally doesn’t work and emergency authority figures – not retailers – stand the best chance at reducing “panic buying” during disaster-related situations. Managing supply was deemed nearly an impossible task […]

May 11, 2023

Resale is one of the hottest sectors of retail right now, but despite rampant consumer demand and brand uptake, resale platform operators are struggling to make ends meet. This dilemma was on display as two of the biggest managed resale […]

May 8, 2023

Most retailers are well aware of the value that omnichannel fulfillment brings: greater customer reach, higher sales volumes, better customer satisfaction and higher customer retention levels. Yet, even though they understand what this approach can do for business — and […]

April 21, 2023

Convenience stores achieved a new record for in-store dollar sales in 2022, according to the NACS State of the Industry report. Whether they can build on that performance is a question facing the industry more than a quarter of the […]

April 21, 2023

IKEA plans to spend over $2.2 billion over the next three years to support its omnichannel growth strategy in the U.S. The investment will be the largest that IKEA has made in its U.S. business in almost four decades since […]

April 14, 2023

Amazon is adding convenient payment options to 11 Whole Foods Markets in the Denver area with the rollout of its Amazon One palm recognition solution. Additionally, the SouthGlenn, Colo. store will soon offer the Amazon Dash Cart, a smart shopping […]

April 7, 2023

Ralph Lauren has opened a concept store in Miami that will accept cryptocurrency payments through a partnership with BitPay, according to a tweet. Marking the first time Ralph Lauren will accept crypto as payment, the store will accept cryptocurrencies including […]

April 5, 2023

Consumers are returning to the physical store for all the advantages it offers: the ability to touch, feel and experience the brand — and most importantly, be a part of the brand’s community or “tribe.” Brands should focus on creating […]

March 28, 2023

Dollar General is rapidly expanding its DG Media Network (DGMN) through partnerships with Meta and LiveRamp. The Meta partnership will enable DGMN’s brand partners to reach Dollar General’s more than 90 million unique customer profiles across the Meta ecosystem. LiveRamp […]

March 28, 2023

Walmart’s planned closure of its last two stores within Portland’s city limits later this month has drawn national coverage amid speculation that it may be due to rampant shoplifting. The discount giant closes a handful of underperforming stores across states […]

March 20, 2023

As part of IKEA’s technological expansion, Swedish retail giant has expanded its autonomous fleet to 100 drones across 16 locations in Belgium, Croatia, Slovenia, Germany, Italy, the Netherlands and Switzerland. The Netherlands-based IKEA franchising partner Ingka cooperated with a Zurich-based […]

March 14, 2023

New university research finds retailers can use shoppers’ familiarity with a store’s layout to bring a more data-driven approach to in-store merchandising similar to online merchandising. The researchers developed a product allocation model that uses data mining techniques to extract […]

March 14, 2023

It’s hard to believe that in the same year cutting edge technologies like augmented reality and autonomous shopping have exploded in retail, shoplifting is still aching the minds of executives. Big box leaders like Target and Walmart have recently revealed […]