Retail Stores
Walgreens announced plans to close 200 stores in the U.S. on Tuesday, reports CNBC. This comes after parent company Walgreens Boots Alliance announced plans to review its U.S footprint and close 200 U.K. stores earlier this year. The pharmacy operates roughly 10,000 locations nationwide, and closures will affect less than 3 percent of its current…
To many, it may feel as though summer still has a ways to go. But like it or not, retailers must face the fact that Amazon.com's first-ever 48-hour Prime Day ushered in the unofficial start of the 2019 back-to-school (BTS) shopping season, along with some heated competition for consumer spend. BTS is the second-largest shopping…
Barneys New York, an icon of New York retail, filed for bankruptcy early Tuesday morning, with a plan to significantly reduce its physical footprint, as it looks for a buyer to stave off liquidation. The retailer said it will focus on running only five of its more than 10 namesake stores: on New York’s Madison…
In this week’s Retail Right Now, Total Retail's Joe Keenan and Kristina Stidham discuss the challenge brick-and-mortar retailers face in getting customers to come back to their stores to shop again. Specifically, they analyze a recent article published on myTotalRetail.com, The 4 Reasons Shoppers Don’t Come Back to Stores, which was authored by Tom Buiocchi, president…
Health and wellness retailer GNC plans to close up to 900 stores, with big cuts to mall locations expected. Officials with the Pittsburgh-based chain spoke of their continued "store optimization effort" during GNC's second-quarter earnings call with analysts Monday. In the first six months of 2019, GNC records show 192 company-owned and franchise locations have…
In this episode of Retail Right Now, Total Retail's Joe Keenan and Kristina Stidham discuss the top trends driving experiential retail, as written in a recent article published on Total Retail by author Martin Kurpiel, senior vice president of technology solutions and IT at Valid. They focus on how experiential retail could impact businesses’ brick-and-mortar strategies going…
Fashion accessory retailer Charming Charlie will close all of its stores after going bankrupt for the second time in less than two years. The company filed for Chapter 11 protection in Delaware with plans to close all of its 261 stores in 38 states, according to court documents via Bloomberg News. The chain expects the liquidation to take about…
While attending the IRCE at RetailX conference in Chicago, Total Retail's Melissa Campanelli interviewed John Kennelly, general manager of partnerships at b8ta, a retail-as-a-service company. Kennelly discusses b8ta's 17 stores across the U.S., where online and direct-to-consumer brands can showcase products, and how the brand partners with retailers to help them reinvent their stores and business models though…
Tamara Pattison, chief marketing and information officer at BevMo!, a leading alcoholic specialty beverage retailer, recently spoke with Total Retail regarding the company's mobile app strategy as well as its focus on omnichannel. Here's the exclusive interview: Total Retail: Tell us about BevMo!…
The ongoing saga around Bed Bath & Beyond continues to send ripples throughout the retail industry. Once the pre-eminent home goods brand, Bed Bath & Beyond is in the midst of massive upheaval as it struggles to cope with the pressure it's facing from discounters and online pure-play brands, particularly when it comes to pricing.…