Category: Stores

January 30, 2023

The modern retail point-of-sale (POS) has come a long way from the cash register of decades past. “Old school” retail shop owners have come around to the benefits of a modern POS system with a product catalog, barcode capabilities and […]

January 27, 2023

The business models of many retail businesses have been unsustainable for years and all it took was the pandemic to make that undeniably clear. Pandemic and post-pandemic complications have caused many businesses to experience “inefficiencies, stress and fatigue,” making it […]

January 27, 2023

Despite proclamations that bricks-and-mortar retail is dead, several major ecommerce companies have recently been exploring the physical shopping environment. For digitally native brands, pop-up stores can offer a small, yet valuable window to make a memorable impression with consumers. By […]

January 25, 2023

Over the past three years, most of us have done a lot more shopping online, so it’s easy to forget that while ecommerce is still growing, most retail commerce still happens in stores. In Q3 2022, ecommerce accounted for less […]

January 11, 2023

Sustainable retail is on the rise as calls for eco-friendly strategies become louder from consumers, shareholders and employees. Yet according to BCG, only a few large retail operations are significantly reducing their climate impact or embedding sustainable behavior throughout their […]

January 3, 2023

After ramping up efforts to reduce friction in the online shopping experience over the pandemic, retailers are now reportedly focusing their investments on the in-store payment process. According to a recent Wall Street Journal article: Halfords, the UK-based retailer of […]

December 28, 2022

With customers continuing to seek lower-priced shopping options due to inflation, the major players in value retailing are already far outpacing others in opening new stores in 2022 and appear to be riding mighty tailwinds heading into 2023. For the […]

December 23, 2022

U.S. consumers have been pulling back on clothing and durable goods as soaring inflation raises the cost of food and basic items. Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow […]

December 19, 2022

Ikea has seen its online sales double against 2019’s pre-pandemic figures, with overall sales increasing by 13%, equivalent to £2.2bn. However, the Swedish furniture retailer’s profits fell to £49.6m, down from £61.2m in 2021. “Against the backdrop of financial uncertainty […]

December 14, 2022

Ever visited a retail customer service desk looking for a specific item and been told “The system says there are three in stock, but if they aren’t on the shelf, we don’t know where they are.”? Most shoppers have been […]

December 8, 2022

Superstore retailer Meijer is scheduled to open its first Meijer Grocery stores on Jan. 26, 2023 in Michigan’s Orion and Macomb Townships. The supermarket store concept represents a departure for the Grand Rapids, Mich.-headquartered superstore retailer, relying on a smaller […]

November 30, 2022

From electronics to clothing, consumers around the world want products that are more environmentally sustainable and ethically produced, including the jewelry they wear. In fact, many shoppers are now asking the jewelry industry how they are making their merchandise, where […]

November 21, 2022

H&M is opening a unique store experience in Williamsburg, Brooklyn that will tap into the latest retail tech and showcase a new “chapter” of fashion, visuals, and experiential events every four to twelve weeks. The 7,000-square-foot store opened on November […]

November 18, 2022

Organized retail crime (ORC) is a growing concern for retailers of all sizes. Groups of professional thieves are systematically targeting retail establishments to steal easily resold merchandise such as pharmaceuticals, groceries, diapers and beauty supplies. The value of each hit […]

November 17, 2022

Target’s same-store sales have been trending in the wrong direction. The retailer, which posted a 2.7 percent third quarter gain in its comps, saw its store traffic increase 1.4 percent on top of a gain of nearly 13 percent in […]

November 16, 2022

Inflation continued to loom in Q3 2022 and it has proven to be the defining force for many retailers. Walmart’s comparable sales rose 8.2% as shoppers flocked to the retail giant for inexpensive groceries, while Target’s comparable sales rose 2.7% […]

November 16, 2022

It’s a big week for retailers. As Thanksgiving approaches and retailers mobilize for holiday shoppers, a slew of retail earnings reports are coming out – offering a glimpse into what may be ahead for the holiday season – while reports […]

November 15, 2022

Major retail industry players including H&M, luxury brand holding company Kering and Zara parent company Inditex have agreed to purchase 550,000 metric tons of sustainable alternatives to materials sourced from ancient and endangered forests. Every year, more than 3.2 billion […]

November 11, 2022

Through a special arrangement, presented here for discussion is an excerpt of a current article from Frozen & Refrigerated Buyer magazine. With its high-quality products, value proposition and knowledgeable and friendly staff, Trader Joe’s often finds itself at or near […]

November 10, 2022

And now for something completely different. Target today said that it plans to open new larger-format stores with new reimagined open layouts designed to better meet the needs of the chain’s guests (AKA customers). The new stores, which will measure […]