Retail Stores
Against the myth of the “retail apocalypse,” 94 percent of all retail sales still take place in a physical store. Retailers have invested their resources in omnichannel marketing strategies to align with ever-evolving customer preferences, but as retailers watch Amazon.com dominate the e-commerce space, there's a newfound focus on brick-and-mortar and, more specifically, how to…
Amazon.com is opening a new physical store that sells items from its website rated four stars or above, the company said in a blog post on Wednesday, making a bigger push into brick-and-mortar retail. The store opened yesterday in New York's SoHo neighborhood. The company said Amazon Prime members will pay "the Amazon.com price" when they…
As retailers and brands are well aware, the holiday season is an important time to draw in new shoppers, push sales and build customer loyalty. This year, Natural Insight surveyed 1,200 customers to find out who does their holiday shopping in stores, what motivates them, and common stressors that influence their holiday shopping experience.
With a focus on increasing shareholder value, L Brands announced last week that it will be shuttering all 23 Henri Bendel stores and the Henri Bendel e-commerce website. The stores include Henri Bendel's Fifth Avenue flagship store as well as smaller-format stores in 11 states. All stores and the website will remain in operation through January 2019, with new merchandise continuing to arrive…
Macy's plans to hire 80,000 seasonal workers for positions at its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide for the 2018 holiday season, according to a company press release. Macy’s, which is forecasting a strong holiday shopping season, will staff 23,500 positions at its fulfillment centers to help with…
More than 12,000 retail stores are expected to close in 2018, up from around 9,000 in 2017, according to commercial real estate firm Cushman & Wakefield. While physical retail is absolutely undergoing a seismic transformation, it’s not necessarily the apocalypse that headlines have made it out to be. In fact, a slew of digital-first brands,…
In this episode of Retail Right Now, Total Retail's Caitlin Sullivan and Joe Keenan discuss what Sears latest round of store closures means for its future, as well as the steps the company can take to turn its fortunes around.
Heather Craig, head of retail experience at thredUP, talks with us about the rapid growth the consignment shop is achieving by building on a unique business model with customer-oriented technologies and a spin on a physical retail presence. Holly Vander Wall: thredUP is quickly gaining widespread recognition, but the concept behind it is innovative enough that…
The retail arm of CVS Health has launched four pilot stores featuring a new in-store beauty format called BeautyIRL, according to a report published by WWD. Currently, two BeautyIRL test stores are located in Florida, and the others are in Andover, Mass. and Stamford, Conn. The new stores offer brands not typically associated with mass market…
Sears Holdings said this week it's shuttering 46 more stores in November. The locations are spread across the United States. Liquidation sales at 33 Sears stores and 13 Kmart locations are expected to begin next week, according to Sears. The company also said that eligible workers will receive severance and be able to apply for openings…