Department store retailer Dillard’s and mixed-use real estate developer Trademark Property Co., have purchased the 646,000-square-foot Longview Mall in Longview, Texas, where Dillard’s is an anchor store, marking the first time the two companies have teamed up for a retail acquisition. The new owners plan to invest in upgrading the shopping center, which is the […]| Retail TouchPoints
Discount supermarket Aldi will enter the Midtown Manhattan area next year with a 25,000-square-foot store on 42nd Street at the edge of Times Square. The store will be located in The Ellery, a new luxury residential building designed by Handel Architects and managed by Taconic Partners and National Real Estate Advisors. “The Aldi flagship location […]| Retail TouchPoints
Fabletics has launched the gStore SaaS retail solution from GreyOrange in 74 of its 100+ stores, giving managers and associates a real-time picture of where inventory is located virtually anywhere within the store. The gStore app’s integrated analytics, powered by overhead and handheld RFID readers, can identify items abandoned in dressing rooms, placed in the […]| Retail TouchPoints
Tops Friendly Markets has integrated the Basket Adjudication Service (BAS) from supplemental healthcare benefits provider NationsBenefits at its point-of-sale. The BAS provides real-time validation for purchases of fresh produce, pantry staples and OTC wellness products by health plan members, helping to overcome food insecurity among vulnerable populations. “Feeding our neighborhoods well has always been at […]| Retail TouchPoints
Claire’s will sell its North American business operations to private holding company Ames Watson, which plans to maintain a significant retail footprint for the brand in the region. The tween favorite retailer declared Chapter 11 bankruptcy and reorganization under Canada’s Companies’ Creditors Arrangement Act (CCAA) in early August, and quickly identified 700 stores that were […]| Retail TouchPoints
Starbucks has increased pay by 2% for its salaried workers, which includes store managers, manufacturing and distribution workers and corporate employees. The relatively modest increase was first reported by Bloomberg and confirmed by Starbucks. Starbucks appears to be trying to keep a lid on salary increases for its hourly workers as well as salaried employees. […]| Retail TouchPoints
Wawa will open its first travel center format store in Hope Mills, N.C. on Aug. 28, featuring 8,000 square feet of space that will house the convenience store chain’s signature food and beverage offerings, as well as 20 fueling spots for passenger vehicles and six high-speed diesel fuel lanes to serve tractor trailers. “We are […]| Retail TouchPoints
Loehmann’s, famed as a retailer where highly motivated, elbows-out shoppers could find amazing bargains, hasn’t operated physical stores since 2014, following its third bankruptcy, but the brand name still exerts a pull on shoppers. At least that’s what the retailer’s owner, former discount rival Century 21, seems to think. According to Long Island Business News […]| Retail TouchPoints
The retail and Consumer Packaged Goods (CPG) industries are undergoing a profound change, driven by the wins and failures of integrating artificial intelligence (AI) and image recognition (IR) into their processes, experiences, you name it. While these technologies are enabling brands and retailers to gain precise, real-time insights into store operations like never imagined, providing […]| Retail TouchPoints
Consumer Cellular, a wireless provider that provides services designed for Americans over the age of 50, has opened its 50th store and plans to double its brick-and-mortar footprint to 100 locations by 2026. This will mark an acceleration of already fast growth; Consumer Cellular only opened its first company-owned store less than three years ago, […]| Retail TouchPoints
Seven & i Holdings has announced a major restructuring of its business, including the addition of approximately 1,300 new large-format 7-Eleven stores in North America by its 2030 fiscal year, which ends in February 2031. The company plans to add 200 stores per year, with the goal of exceeding 50% coverage of the U.S. population. […]| Retail TouchPoints
Convenience stores are something of a lucky outlier in the retail world at the moment. Despite overall gains in foot traffic last year, traditional retail stores are facing new headwinds and buckling under economic pressures. High-profile closures and bankruptcies, coupled with newly emerging supply chain uncertainty and tanking consumer sentiment, have rocked the industry, leaving […]| Retail TouchPoints
Gardner White, a family-owned furniture retailer that has been in business for 113 years, will provide customers with tens of millions of dollars’ worth of furniture if the Detroit Lions NFL team can do what it’s never done in franchise history — win the Super Bowl. The retailer’s second annual Super Sale, now through Aug. […]| Retail TouchPoints
Iconic toy Hot Wheels cars are now available via 7-Eleven’s new collaboration with Mattel, including the first-ever branded Hot Wheels die-cast car — a Silver Series Toyota Supra decorated with 7-Eleven’s colors and logo. In addition to this exclusive product, the release includes a limited run of custom fingerboards (toy-sized skateboards) in two designs. The […]| Retail TouchPoints
As retailers race to meet customer expectations for speed, convenience and personalization, location strategy has become a key competitive differentiator. Static maps and broad demographics no longer cut it — brands must harness real-world mobility data to understand how consumers move and make purchase decisions in an increasingly challenging retail and food service landscape. Retailers […]| Retail TouchPoints
The ability to see in real time what is and is not on store shelves has moved beyond a routine operational issue to become a strategic imperative.| Retail TouchPoints
High retail employee turnover challenges managers with consistency and quality. Discover reasons, impacts, and strategies to address this persistent issue. The post Overcoming the Retail Turnover Challenge With an L&D Solution appeared first on Inkling.| Inkling
