Channel: Specialty & Other Trader Joe’s Raises Banana Prices for the First Time in 2 Decades The grocer has increased the price of one banana from 19 to 23 cents. RetailWire March 26, 2024March 26, 2024 < 1 min read Trader Joes 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s raises banana prices for the first time in more than 20 years Nineteen cent bananas had become a staple at the beloved grocery chain. Now, individual bananas cost 23 cents, the company confirmed. Grocery Dive March 26, 2024March 26, 2024 < 1 min read Trader Joes 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Tractor Supply, Martha Stewart launch gardening apparel collection The Martha Stewart Garden Apparel Line includes eight clothing items and can be found in 50 select stores and online. RetailDive March 26, 2024March 26, 2024 < 1 min read Dept. ApparelTractor Supply CompanyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Chewy posts 4.2% sales gain in Q4 even as active customers decline The online pet retailer benefited from sales in the non-discretionary and health categories, as well as its Autoship subscription service. RetailDive March 21, 2024March 21, 2024 < 1 min read ChewyMarketing: Loyalty & SubscriptionDept. PetHealth & Wellness 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s Cashews Recalled in 16 States Due to Salmonella The chain store finds itself recalling yet another product from its shelves. RetailWire March 20, 2024March 20, 2024 < 1 min read Trader Joes 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Kohl’s Expands Home Assortment 40%, Seeks to Become Seasonal Décor Destination Kohl’s has increased its assortment of home décor items by 40%, adding new categories and elevating its mainstay bedding and bath products with more modern aesthetics and frequent pattern and color injections. The retailer also is positioning itself as a seasonal décor destination, promising 60% newness in home and holiday décor seasonally as a strategy […] Retail TouchPoints March 19, 2024March 19, 2024 2 min read ShoppersMerchandisingConsumersMarketing: Social MediaKohlsPop UpsPredictions and ForecastsMarketing: In StoreHoliday & EventsExecutivesDept. PetDept. NonfoodPartnershipsStrategy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other What’s in Store for 2024: Which Retailers Are Branching Out (and Why Some Are Going Away) 2024 looks to be another year of growth for retail, with more than a dozen retail chains already announcing plans for expansion this year. I always love to see headlines about retailers opening new stores. It shows that retail businesses are healthy enough to invest in expanding their physical store footprints. And as a long […] Demos Parneros March 19, 2024March 19, 2024 2 min read Brick and MortarPredictions and ForecastsBankruptcyDept. NonfoodFlagship StoresDept. Toys & GamesStreamingRestaurantsHoliday & EventsDept. Sporting goodsResults & InvestmentStrategyBed Bath & BeyondDollar General 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Air Fryer Recall: Best Buy Urges Immediate Action Best Buy is urging customers who purchased an Insignia air fryer to act fast, as the company issues a recall due to potential hazards. RetailWire March 16, 2024March 16, 2024 < 1 min read Best Buy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Rough Week for Retail CEOs: Top Execs Out at Petco, Under Armour, Fossil It was a tough week to be at the top in retail with a number of companies announcing CEO switch-ups following disappointing performances, including Petco, Under Armour, Fossil Group and, as Retail TouchPoints previously reported, Allbirds. Former Best Buy COO to Lead Petco While CEO Search Gets Underway Ron Coughlin — who led Petco through […] Retail TouchPoints March 15, 2024March 21, 2024 4 min read ExecutivesPredictions and ForecastsResults & InvestmentMarketing: Loyalty & SubscriptionStrategyShoppersHealth & WellnessBest BuyDept. ApparelPartnershipsMarketing: Social MediaReturnsCustomer ExperienceInternationalOperations & Supply ChainHoliday & EventsLowesConsumersStart UpsTechnology & InnovationDeliveryBrick and MortarCOVID19EconomyAssociates 0 Saving Bookmark this article Bookmarked 5
Channel: Specialty & Other Petco CEO Ron Coughlin Stepping Down; Interim Replacement Named Ron Coughlin, who led Petco for five years as the pet retailer’s CEO, announced Wednesday he was stepping down from the company and would remain as an advisor to the board. Petco named Michael Mohan, the former Best Buy president and COO, interim CEO while the board conducts a search for a permanent chief executive. […] Marie Albiges March 13, 2024March 13, 2024 < 1 min read Dept. PetExecutivesCOVID19Dept. Toys & GamesDept. NonfoodDept. GroceryBest BuySustainabilityPredictions and ForecastsHealth & WellnessConsumers 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Dollar Tree to Close 600 Family Dollar Stores by August, Another 400 as Leases Expire Dollar Tree Inc. will shutter approximately 600 Family Dollar stores in the first half of its 2024 fiscal year, which began Feb. 4, 2024. The discount retailer also plans to close an additional 370 Family Dollar stores and 30 Dollar Tree locations over the next several years as each store’s current lease expires. The retailer […] Retail TouchPoints March 13, 2024March 13, 2024 2 min read Brick and MortarDollar TreeFamily DollarPredictions and ForecastsRegional GroceryOperations & Supply ChainMarketing: Social MediaAldiExecutivesWarby ParkerTractor Supply CompanyMerchandising 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Petco CEO Ron Coughlin is out, former Best Buy exec to step in as interim chief executive Ron Coughlin has served as Petco’s CEO for more than five years and has been instrumental in transforming the company into a health and wellness business. CNBC March 13, 2024March 13, 2024 < 1 min read ExecutivesBest BuyHealth & Wellness 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Kohl’s to Add Babies R Us Shop-in-Shops to 200 Stores Kohl’s said Tuesday that it’s teaming up with the owner of Babies R Us to bring baby gear, furniture and more to approximately 200 of its stores across the country, reports CNBC. The department store chain struck a licensing deal with WHP Global, a brand management firm with a portfolio that includes Bonobos, Joe’s Jeans, […] Kristina Stidham March 12, 2024March 12, 2024 2 min read Brick and MortarKohlsPartnershipsDept. Toys & GamesPredictions and ForecastsDept. NonfoodMerchandisingDept. ApparelDept. HBCExecutivesWalmartMarketing: In StorePress ReleaseResults & InvestmentMarketing: BrandBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Kohl’s is Expecting…Babies ‘R’ Us Shop-in-Shops to Arrive at 200 Locations Later This Year WHP Global is following a familiar playbook for its relaunch of Babies ‘R’ Us. After opening the brand’s first brick-and-mortar location since its 2018 bankruptcy in July 2023, the company has now announced plans to bring Babies ‘R’ Us shop-in-shops to 200 Kohl’s locations this year. After filing for bankruptcy and shuttering all its U.S. stores, Babies […] Retail TouchPoints March 12, 2024March 12, 2024 2 min read Store LocationDept. NonfoodDept. Toys & GamesKohlsMerchandisingBrick and MortarHoliday & EventsBankruptcyMarketing: Social MediaMarketing: In StorePredictions and ForecastsPartnershipsFlagship StoresExecutivesDept. ApparelStrategy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Babies R Us is coming to about 200 Kohl’s stores Kohl’s announced the deal with WHP Global as it released holiday-quarter earnings. CNBC March 12, 2024March 12, 2024 < 1 min read KohlsBrick and MortarResults & InvestmentHoliday & Events 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Beyond Acquires Zulily, Plans to Revive Brand in Q2 Beyond, Inc. — parent company of Bed Bath & Beyond and Overstock.com — has acquired the intellectual property of defunct flash-sale retailer Zulily, following that platform’s abrupt wind-down of its business in late 2023. Newly appointed Beyond, Inc. Executive Chairman Marcus Lemonis said the acquisition is aimed at strengthening Beyond’s position in the off-price market. Beyond paid $4.5 million in […] Retail TouchPoints March 10, 2024March 10, 2024 3 min read AcquisitionExecutivesShoppersOperations & Supply ChainPredictions and ForecastsBed Bath & BeyondAmazonBankruptcyMarketing: Social MediaResults & InvestmentLegal & CriminalDept. ApparelInsight ProvidersBig DataData & InsightsDept. NonfoodDivestituresESG and CSRMarketing: BrandShopifyStrategySustainabilityTechnology & InnovationVendors 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Nordstrom to Launch Third-Party Marketplace in April Nestled among its Q4 2023 earnings was the news that Nordstrom plans to add a third-party marketplace to the Nordstrom.com website in April. “By reimagining the way we work with our brand partners, we’ll grow our curated online assortment to serve more customers on even more occasions through increasing our use of unowned inventory,” said […] Retail TouchPoints March 9, 2024March 9, 2024 2 min read Results & InvestmentPredictions and ForecastsOperations & Supply ChainMerchandisingMarketing: Social MediaExecutivesConsumersPartnershipsKohlsDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Burlington Plans to Open 100 New Stores in 2024 Off-price retailer Burlington Stores beat expectations for Q4 2023 (the 14 weeks ended Feb. 3, 2024), with total sales increasing 10% and comparable store sales growing 2% year over year. The quarter closed out a steady year for the chain, with comp store sales up 4% in fiscal 2023, although on an earnings call discussing […] Retail TouchPoints March 9, 2024March 9, 2024 2 min read Predictions and ForecastsBrick and MortarShoppersTargetResults & InvestmentMarketing: Social MediaAcquisitionSustainabilityStrategyExecutivesBed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Some employees at 1st unionized Trader Joe’s now want to reverse course The action would halt a hearing accusing the store of mistreating employees Supermarket News March 9, 2024March 9, 2024 < 1 min read Trader JoesAssociates 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Best Buy’s suppliers help defray costs in choppy electronics market The retailer logged $20 million in vendor spending on things like promotions, displays, special staffing and fulfillment services. RetailDive March 9, 2024March 9, 2024 < 1 min read Dept. NonfoodBest BuyMarketing: Trade 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Ōura launches on Amazon The tie-up with the e-commerce giant follows a partnership with Best Buy formed last year as the wearable tech brand builds out its wholesale presence. RetailDive March 8, 2024March 8, 2024 < 1 min read AmazonTechnology & InnovationBest BuyPartnerships 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Beyond Inc. acquires Zulily brand for $4.5M The Overstock and Bed Bath & Beyond parent company purchased the online discount retailer to further position itself in the off-price market. RetailDive March 7, 2024March 7, 2024 < 1 min read AcquisitionBed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Tractor Supply revamps loyalty program with lower threshold for perks The over 30 million Neighbor’s Club members represent more than three-quarters of sales for the retailer. RetailDive March 6, 2024March 6, 2024 < 1 min read Marketing: Loyalty & SubscriptionTractor Supply Company 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Sunglass Hut Launches Loyalty Program; Tractor Supply Amps up Member Benefits Sunglass Hut has debuted a new loyalty program for eyewear enthusiasts, while rural retailer Tractor Supply has enhanced its Neighbor’s Club loyalty program to help members earn more rewards more quickly. Sunglass Hut Introduces ‘The Sun Club’ Sunglass Hut’s new The Sun Club loyalty program offers both in-store and online shoppers 10 points for every […] Retail TouchPoints March 6, 2024March 6, 2024 3 min read Marketing: Loyalty & SubscriptionTractor Supply CompanyPricing & PromotionsPredictions and ForecastsMarketing: Social MediaMarketing: Direct & PersonalizationDept. NonfoodBrick and MortarShoppersMarketing: TradeMarketing: In StoreExecutivesDept. FuelConsumers 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Retailing in a Time of Mass Distraction with Andrea Dorigo, Adidas Head of Global Retail Our guest this week is Andrea Dorigo Head of Global Retail for Adidas. Andrea shares many strategic leadership lessons gleaned from his incredibly deep and diverse experience working across a spectrum of international brands. Now he leads a network of more than 2,000 stores for one of the world’s most iconic vertically integrated brands. We […] Remarkable Retail Podcast March 5, 2024March 5, 2024 2 min read PodcastsGovernmentMarketing: Social MediaPredictions and ForecastsDept. ApparelShoppersInternational - North AmericaDept. GroceryData & InsightsResults & InvestmentPartnershipsTechnology & InnovationInternationalIndustry Conferences and EventsBrick and MortarConsumersESG and CSRConsultingHoliday & EventsWarby ParkerBest BuyStart UpsStrategyLowesAmazon 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Big Box Stores Agree: Let’s Get Small The Washington Post writes that “two of the biggest names in big-box retail have boosted their bets on a growing trend for brick-and-mortar sales: smaller stores. “Best Buy and Macy’s this week announced plans to add small-format stores in a strategy that could help the companies cut costs while answering customers’ demand for convenience. They […] MorningNewsBeat March 4, 2024March 4, 2024 2 min read Brick and MortarBest BuyDept. NonfoodReturnsConsumersTargetStrategyShoppersPricing & PromotionsPredictions and ForecastsMarketing: Social MediaESG and CSR 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Best Buy CEO Promises Enhanced Personalization, Physical Store Upgrades in FY2025 Best Buy will leverage its membership-based loyalty program to sharpen personalization efforts for its 2025 fiscal year, which began Jan. 29, 2024. The retailer also plans to concentrate on updating and refreshing existing stores rather than opening new brick-and-mortar locations, as well as “improving and livening the merchandising presentation given the shift to digital shopping […] Retail TouchPoints March 2, 2024March 4, 2024 3 min read PartnershipsPredictions and ForecastsBest BuyMarketing: Direct & PersonalizationBrick and MortarShoppersMarketing: Loyalty & SubscriptionHealth & WellnessExecutivesOmnichannelData & InsightsMarketing: In StoreAssociatesOperations & Supply ChainMarketing: Social MediaPricing & PromotionsStrategyVendorsMerchandisingDept. HBCResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Best Buy braces for layoffs, store closures amid flat revenue in Q4 The retailer plans to invest heavily this year in improving its in-store merchandising and shopping experience. RetailDive March 1, 2024March 1, 2024 < 1 min read Best BuyMarketing: In StoreMerchandising 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Trader Joe’s announces another product recall This one involves snickerdoodle cookies due to hard plastic pieces Supermarket News February 29, 2024February 29, 2024 < 1 min read Trader Joes 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Long-Term Themes Webcast Join YipitData Product Expert Manager Katie Tang, Research Specialist Nitin Reddy, and Research Associate Geoffrey Tseng on Wednesday, March 6th at 12:30pm ET as they describe data insights and long-term themes for Wayfair (W) and Chewy (CHWY). The team will discuss: Market share dynamics in home goods and pet retail spaces Competitive landscape and exposure […] Yipitdata February 29, 2024February 29, 2024 < 1 min read Data & InsightsTechnology & InnovationDept. PetMondelezDept. NonfoodChewyPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Home Depot Acquires SRS for $18.25B, Boosting Pro Sales Home Depot recently announced its acquisition of SRS Distribution for a whopping $18.25 billion. This hefty investment marks the company’s boldest stride yet to seize a larger share of the professional market, particularly targeting contractors and roofers. Written by RetailWire March 28, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Kroger to close 3 e-commerce fulfillment facilities The grocer said it will shutter one Ocado-powered spoke in South Florida and two others in Texas in late May. Written by Grocery Dive March 27, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Charted: Car Brand Loyalty in 2024 See this visualization first on the Voronoi app. Car Brand Loyalty in 2024 This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. This graphic visualizes the best and worst car brands in terms of brand loyalty. […] Written by Visual Capitalist March 26, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Key Takeaways From Shoptalk Spring 2024 Shoptalk always brings the best and brightest minds of the industry together for four days packed with insights, networking opportunities, trend predictions and so much more. This year, the spring event in Las Vegas was no exception. But like many other major industry events, Shoptalk can feel like you’re sprinting a marathon — there’s so […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Nike Pivots, Embraces Wholesale Once Again Amid faltering demand for shoes and clothing as well as slipping digital sales, Nike Inc. said last week that it will bank a lot more on the thing it has spent the past several years turning away from: other retailers. Executives discussed those plans on Nike’s earnings call, during which it announced that while fiscal […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked