Retail Stores
March 28, 2018 at 12:08 pm
In today’s retail landscape, brands must work harder than ever to attract and retain customers. No longer is the only competition across the mall, but it’s also lurking in all corners of the internet. Retailers spend good money to market, promote and advertise themselves to lure shoppers in-store, but if the customer experience falls short…
March 26, 2018 at 3:17 pm
Starbucks is testing a new Wi-Fi login process in its U.S. stores, asking customers to provide their email address before connecting, Geekwire has reported. Since rolling out free Wi-Fi in its U.S. stores nearly eight years ago, Starbucks has asked customers to simply accept terms and conditions in order to connect to its public network…
March 23, 2018 at 12:46 pm
Michaels Companies Inc will shut down 94 Aaron Brothers framing and art supplies stores, the largest U.S. crafts retailer said on Thursday. The arts and crafts retailer plans to make Aaron Brothers a store-within-a-store and to provide custom framing in all Michaels stores. Michaels owns and operates about 1,300 stores in the United States and…
March 21, 2018 at 7:15 pm
Every day there are claims made in the media across the world that physical retail is heading toward a final and irreversible apocalypse. And yet, we’re also seeing some of the most innovative and customer-friendly reinterpretation of the retail experience that has ever existed. So clearly, the reports of retail’s total demise have been greatly exaggerated. Rather than…
March 21, 2018 at 2:42 pm
Amazon.com is reportedly considering taking over some of the newly vacant Toys“R”Us storefronts. Fortune reports this week the online retail giant is looking at the possibility of acquiring some Toys"R"Us locations as it expands its brick-and-mortar footprint across the country. The stores would reportedly be used to showcase Amazon's Echo line of devices. Amazon has invested recently…
March 20, 2018 at 3:02 pm
FedEx Office, a subsidiary of FedEx Corp., and Walmart said yesterday that FedEx Office will bring its small-format stores for printing, packing and shipping into 500 of Walmart's stores nationwide in the next 24 months. The announcement comes after completion of a successful pilot program spanning 47 locations within Walmart stores across six states. Besides…
March 19, 2018 at 5:28 pm
In a keynote presentation yesterday at the Shoptalk conference in Las Vegas, Jeff Gennette, CEO of Macy's, detailed the department store chain's transformation strategy as it looks to rebound from a couple of rough years. At the center of Macy's transformation: giving consumers choice. Gennette opened his presentation by rattling off some impressive stats regarding…
March 19, 2018 at 1:43 pm
As forecast, girl's accessories retailer Claire’s Stores announced today that it has filed for Chapter 11 bankruptcy protection in U.S. bankruptcy court in Delaware. Claire’s, which is owned by private equity firm Apollo Global Management LLC , said it plans to emerge from Chapter 11 in September with more than $150 million of liquidity and…
March 16, 2018 at 12:44 pm
Sears Holdings Co. jumped 17 percent in late trading after the U.S. tax overhaul helped the ailing retailer post a rare quarterly profit. Net income amounted to $182 million in the fourth quarter, compared with a $607 million loss a year earlier, Sears said on Wednesday. The company got a roughly $470 million boost from the…
March 16, 2018 at 11:22 am
In this episode of Retail Right Now, Total Retail's Joe Keenan and Caitlin Sullivan discuss the recent surge in retailers announcing store closures (Toys"R"Us, Foot Locker, Abercrombie & Fitch) and bankruptcy filings (Claire's Stores, The Walking Co.), and what this means for the future of brick-and-mortar retail.
