Retail Stores

Pier 1 Imports to Close Nearly Half its Stores, Bankruptcy Rumors Persist
January 7, 2020 at 10:19 am

Pier 1 Imports said yesterday that it intends to close up to 450 locations, or almost half its fleet of 942 stores, as it unexpectedly reported quarterly earnings amid bankruptcy rumors. Pier 1′s losses have been mounting as its sales decline. And this latest quarter was no exception. Its third-quarter loss widened from a year…

NOBULL's Co-Founder on Fostering Community and Expanding Into Physical Retail
January 6, 2020 at 9:58 am

In episode 228 of Total Retail Talks, Executive Editor Joe Keenan interviews Marcus Wilson, co-founder of NOBULL, a footwear, apparel and accessory brand for people who train hard and don't believe in excuses. Wilson discusses NOBULL's story, including its expansion into physical retail and its organic growth into various areas of the training market. He…

U.S. Retail Sales Grew 3.4% This Holiday Season
January 3, 2020 at 12:49 pm

According to Mastercard SpendingPulse, holiday retail sales increased 3.4 percent (excluding auto) this holiday season, with online sales growing 18.8 percent year-over-year. Mastercard SpendingPulse provides insights into overall retail spending trends across all payment types, including cash and check. E-commerce accounted for 14.6 percent of total retail sales this holiday season (Nov. 1 through Dec. 24). Here are…

How D-to-C Brands Are Redefining the Brick-and-Mortar Experience
January 3, 2020 at 11:21 am

It’s that time of year when we start seeing new year sales forecasts roll in and determine which brands will and won’t be retail winners. While some “winners” are easier to predict, I believe there will be a twist this year. In 2020, the retail winners will be direct-to-consumer (D-to-C) brands, many of which most…

Total Retail's Top 5 News Stories of 2019
December 23, 2019 at 12:38 pm

2019 was certainly a big year for retail news. Here's a look at the top news stories published by Total Retail in 2019, ranked by number of page views.

Keep it Simple: How Retail Can Retain Convenience
December 20, 2019 at 12:29 pm

I don’t know about you, but I love convenience. I love ordering my groceries from Whole Foods while at the office, and have them waiting on my doorstep by the time I arrive home. Recently, I’m loving being able to pick up online purchases in-store. I order shoes on Nordstrom.com, wait a couple of days,…

You Can’t Ignore In-Store
December 19, 2019 at 9:30 am

The retail go-to market approach continues to evolve. We frequently read about retailers growing, contracting or reinventing their multichannel sales approach. While the second industrial revolution lasted from 1850 to 1914, it seems the current retail revolution is happening at lightning speed. I see the revolution on my daily commute: an ocean of heads down,…

Retail's Good, Bad and Ugly in 2019
December 18, 2019 at 10:02 am

The retail industry today is experiencing some turbulence, to say the absolute least. Technology is advancing faster than we can say “Hey Alexa,” and consumers now have the ability to control many aspects of their lives at the touch of a button. No market is safe from this reinvention revolution. Consider that by 2040, nearly…

2020 Retail Outlook: Retailers Will Primarily Compete on Services. Here’s Why.
December 16, 2019 at 11:07 am

Over nearly three decades, online shopping has ushered in many changes to the retail landscape — one of which is that a growing number of product categories are now commoditized. Whereas previously, shoppers wishing to comparison shop had to travel physically to other stores or seek out new catalogs, now it’s easy to find multiple…