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Earlier this month, 7-Eleven said it would close 444 underperforming stores in North America. In a filing, the company cited consumers pulling back on purchases due to inflation and continuing ...
A positive in-store experience is critical to repeat business. That’s one of the findings of a study from Raydiant, in which 48% of respondents said they prefer to shop in-person at a physical ...
G-III Apparel Group Ltd. is restructuring its retail operations segment and reducing its store portfolio to focus on its wholesale business. As part of the move, the company is closing its 110 ...
Most Joann stores will stay open for going-out-of-business sales through May, or until supplies run out. Furniture, fixtures, and equipment are also available for purchase. The retailer's ...
“The retail industry experienced continued growth in 2024 as consumer spending remained high despite numerous market uncertainties throughout the year,” said NRF executive director of research ...
Consumers are expressing uncertainty about tariffs, but until price impacts become visible at retailers, consumers may focus on headwinds like continued price elevation.
“We are excited to bring the magic of Pop Mart to the Midwest,” said Larry Lu, head of Pop Mart North America. “The opening of our second Illinois location allows us to bring our artist ...
“Expanding our physical presence has been a key priority, and SoHo provides the ideal setting to connect with our U.S. customers in a new and immersive way,” said Eirin Bryett. “We look ...
Springtime may never be the same in retail again. Amazon finished hosting its first-ever Big Spring Sale Monday, March 25. The event featured price reductions as high as 60% in categories ...
Advance Auto has been working to turnaround its business to return to profitability and reverse falling sales. In November, it completed the sale of automotive parts wholesaler Worldpac to global ...
Retailers are rapidly finding uses for generative artificial intelligence (AI) that go beyond customer service chatbots. Generative AI, which is ba sed on machine learning (ML), can create new ...
Human error also is a leading cause of data breaches, which is often linked to inadequate training, said VikingCloud. Nearly eight-in-10 (78%) seasonal employees do ...
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