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Category: Stores


Retail Types, Stores

Nike opens latest store concept: Nike Rise

July 10, 2020

Via: Retail Dive

Building on the store strategy embodied by its other concepts, Nike Rise relies heavily on digital and experience to drive consumer interest. The Nike Experiences feature being introduced to Nike’s app connects Nike loyalty members in Guangzhou to “weekly sport-minded […]


Retail Types, Stores

Walgreens Suffers $700 Million Hit From Coronavirus ‘Stay At Home’ Orders

July 9, 2020

Via: Forbes

Walgreens Boots Alliance said its earnings suffered a negative impact of $700 million to $750 million as the company sustained a major loss of global business from the surge of cases of the coronavirus strain Covid-19 that caused its customers […]


Retail Trends, Retail Types, Stores

Sephora Is Driving Change To Combat Systemic Racism In Retail

July 7, 2020

Via: Forbes

Today, Sephora will close its stores for two hours, dedicating the time to training on racial profiling and education on Sephora’s national study on racial bias in retail. Corporate employees will also participate in Conscious Leadership training. The retailer, which […]


Retail Types, Stores

Macy’s Sales Drop 45% In Q1, Gross Profit Down 21 Percentage Points

July 1, 2020

Via: Forbes

Macy’s reported in the Q1 earnings call today that sales were down 45% for the 13-week period ending May 2. COVID-19 had a significant impact on the business with most stores closed from March 18th through May 4th. Most stores […]


Retail Types, Stores

Microsoft is permanently closing its retail stores

June 26, 2020

Via: CNBC

Microsoft on Friday announced it will permanently close its 83 Microsoft Store retail locations. It will instead focus on its online store at Microsoft.com, where customers can go for support, sales, training and more. Microsoft said its retail team members […]


Retail Types, Stores

Macy’s Cuts 3,900 Corporate Jobs In Cost Restructuring Effort

June 25, 2020

Via: Retail TouchPoints

Macy’s will reduce its corporate and management headcount by approximately 3,900 people as part of a cost restructuring expected to save approximately $365 million in fiscal 2020 and $630 million on an annualized basis. Pre-tax costs of the restructuring, estimated […]


Retail Types, Stores

Will American Eagle’s new ‘consciously-made, slow fashion’ concept take off?

June 24, 2020

Via: RetailWire

East Hampton on New York’s Long Island is a place where the rich, famous and others go to get away from the grind of the city during the summer months. It is also home to a new start of sorts […]


Retail Types, Stores

Apple forced to re-close 11 stores just weeks after re-opening as US COVID-19 cases skyrocket

June 22, 2020

Via: Charged

Apple has announced that it will re-close more than 10 stores across the US as cases of coronavirus continue to skyrocket in many states. Just weeks after reopening large chunks of its store estate where it felt “confident the environment […]


Retail Types, Stores

Target wants to be known as the best place to work in retail

June 19, 2020

Via: RetailWire

With millions of Americans having filed for unemployment since March, it’s hard to say that the tight job market that favored workers just a few months ago will come back any time soon. Even with the odds seemingly favoring employers […]


Retail Types, Stores

Target raises minimum wage to $15 an hour months before its deadline

June 17, 2020

Via: CNBC

Target said Wednesday it is raising its minimum wage to $15 per hour and will give all hourly employees a one-time bonus of $200. The $2 per hour raise will apply to employees at stores and distribution centers, beginning July […]