Retail Stores
Consumers will once again be able to head straight from the Thanksgiving dinner table to Toys 'R' Us. The toy store chain is opening its doors at 5 p.m. on Thanksgiving and keeping them open for 30 hours straight. Toys 'R' Us says that once stores open, most won’t close until 11 p.m. on Black Friday. The move…
Every month another major retailer closes stores in the shopping malls we grew up going to. The ease of digital search paired with the advantages of e-commerce (lower overhead, decreased inventory commitments) is giving retailers pause. The development of a truly omnichannel shopping experience, where the path to purchase is more fluid than linear, hammers…
Fashion accessories maker and seller Fossil Group said last week that it's planning a multiyear overhaul of its business that includes closing some stores and focusing on fewer products. Fossil declined to say how many of its 610 stores in the U.S., Europe and Asia it plans to close. There are 284 Fossil stores in the…
Artificial intelligence (AI) technologies, which are already widely used in industries such as finance and healthcare, offer enormous potential for the retail sector. Previous Total Retail articles have referenced the power of AI to revolutionize the way people shop online, but instead of dreaming of the future potential, let's focus on three practical applications of…
Late this summer, lifestyle and performance footwear brand SKECHERS announced it was opening a flagship retail store inside the World Trade Center's new shopping district. The store is SKECHERS’ fifth in New York City, and will be an integral part in the launch of the new retail center in Lower Manhattan. Total Retail interviewed George…
Macy's has sold five store locations to mall operator General Growth Properties (GGP), the retailer said Monday. The Cincinnati-based department store operator will continue to operate some locations through the 2016 holiday season, but the sales are part of the company's push to reduce its store footprint. Macy's said workers displaced by store closings could be offered…
Amazon has created significant turbulence in retail over the past 10 years. Most scoffed at the business case of buying books a better way, but no one is laughing now that Amazon has created a better way to buy just about everything. How can retailers win with so much disruption and uncertainty? The answer, strangely enough, can be found in Formula 1 racing. The key to winning is understanding the external conditions and tuning the engine and air foils to maximize performance.
Jeff Bezos has some big plans for Amazon.com’s grocery future. According to Business Insider, the company wants to open 20 brick-and-mortar grocery stores over the next two years, and believes the U.S. market has room for up to 2,000 of its AmazonFresh-branded grocery stores over the next decade. By the end of 2018, Amazon plans…
REI will keep its stores closed on the day after Thanksgiving for the second straight year, even though it's one of the busiest shopping days of the year. It will also again pay employees for the day off in a campaign that encourages people to spend time outdoors. Online shoppers can put items in their cart,…
As new forms of shopping develop, so do new forms of fraud. There is an ongoing battle between retailers and those looking to make