Retail Stores
June 15, 2021 at 4:13 pm
When it comes to how cities serve their citizens, success is a long game. It takes years (and even decades) to shift a city to accommodate changes in how we live, and that’s precisely why city planners, businesses, and real estate agents alike are closely watching recent trends surrounding how and where we live, work…
June 15, 2021 at 12:03 pm
Retail sales remained at elevated levels in May despite month-to-month fluctuations that masked near-record performance, the National Retail Federation (NRF) said today. The Commerce Department reported on Tuesday that May retail sales declined 1.3 percent month-over-month. However, the industry's largest trade association says the May sales data doesn't tell the whole story. “While May retail sales…
June 14, 2021 at 6:50 pm
In episode 302 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Gary Lenett, co-founder and CEO of DUER, a Canadian apparel brand combining everyday wear and performance wear for men and women. Listen in as Lenett discusses DUER's business and products, his professional background in fashion, and the inspiration behind launching the brand. He details…
June 10, 2021 at 6:49 pm
It’s crunch time for retailers. A recent UBS report predicts that 80,000 retail stores will close over the next five years as the huge upswing in online shopping due to the pandemic becomes a more permanent consumer buying pattern. UBS also expects the e-commerce share of total retail sales to grow from 18 percent in…
June 9, 2021 at 5:28 pm
Best Buy is the latest retailer to announce it will keep its stores closed on Thanksgiving Day this year, CNBC reported. The company will instead offer its Black Friday deals online for the second year in a row. Best Buy joins a growing list of retailers that have started to share holiday season plans. Both Target…
June 7, 2021 at 6:28 pm
Walmart has launched Me@Walmart, an app for U.S. store associates designed to simplify daily tasks as well as empower them to easily serve customers and plan for life outside of work. The app's features include scheduling, enabling associates to easily view their shifts up to two weeks in advance; a mobile clock-in feature; push-to-talk, which enables…
May 28, 2021 at 1:36 pm
Was it a rough year for many individual retailers? No doubt. We saw too many organizations close their doors in the past year-plus. However, as a whole, brick-and-mortar retail is booming. Total retail sales rose by 6.9 percent in 2020 compared with 2019, per the U.S. Department of Commerce (via The Balance). The final take…
May 28, 2021 at 8:49 am
In this interactive webinar, our speakers will be addressing how retailers can prepare their stores for the forecasted surge in demand.
May 24, 2021 at 7:22 pm
Foot Locker announced on Friday that it will close most of its 231 Footaction stores "to position its store fleet for the future" and "to focus growth on its iconic banners," according to a company press release. One-third of the Footaction locations will be converted into Foot Locker's other banners, such as Foot Locker and Champs…
May 20, 2021 at 6:25 pm
Google announced that it will open its first-ever retail store, where it will sell Pixel phones, Fitbit wearables, Pixelbooks, Nest thermostats and speakers, and more. The store will be located in New York City's Chelsea neighborhood, specifically in the building that houses Google’s New York offices and is close to an Apple Store. The store is expected to…
