Retail Stores

Amazon to Open its First Brick-and-Mortar Apparel Store
January 20, 2022 at 7:36 pm

The first Amazon Style store, located in the Los Angeles suburb of Glendale, California, will open its doors later this year, the company announced Thursday. The store will feature women’s and men’s apparel, shoes, and accessories from a mix of well-known and emerging brands, with prices catering to a wide range of shoppers. At roughly 30,000 square…

PepsiCo Foods' CEO on 5 Pandemic-Born Consumer Trends That Are Here to Stay
January 17, 2022 at 6:47 pm

The growth of local supermarkets, an increase in the use of e-commerce for food and CPG products, and a focus on value were just three of five trends born during the pandemic that are here to stay, at least according to Steven Williams, CEO of PepsiCo Foods. Williams, who oversees all aspects of PepsiCo’s nearly…

What’s in Store for Retail in 2022?
January 17, 2022 at 6:18 pm

If we’ve learned one thing over the last two years, it’s that predicting the future is nearly impossible. After all, few of us could have anticipated a need to stock up on face masks and basics such as toilet paper before March 2020. While the specifics are difficult to foretell, there are trends that we…

Fulfilling Experiences? Fulfillment Centers vs. Experiential Retail Stores
January 13, 2022 at 4:34 pm

The theory goes that consumers come in two varieties: those who shop with a focus and those who browse at leisure. It’s a tidy split. However, shoppers aren’t so tidy in practice. They switch between purpose and leisure as easily as they glide between online and offline. Many retailers accommodate various types of shoppers by…

Big Lots to Open 500 New Stores, Adding 50 Locations in 2022
January 11, 2022 at 7:31 pm

Big Lots on Monday said that it could open 500 net stores, or more, in the coming years, according to a company press release. The retailer plans to add more than 50 net new stores in 2022, and more than 80 per year after that, according to an investor presentation. The store openings, together with…

Rihanna’s Savage X Fenty Brand to Open Stores in 2022
January 10, 2022 at 6:58 pm

Savage X Fenty, the direct-to-consumer lingerie brand founded by Rihanna, will open its first brick-and-mortar retail location in Las Vegas later this month, according to an Instagram post by the entertainer-entrepreneur published on Friday. Savage X Fenty, a lingerie brand that emphasizes confidence and inclusivity, is a joint venture between Rihanna and TechStyle Fashion Group. The brand also…

Rite Aid to Close at Least 63 Stores in the Coming Months
December 21, 2021 at 8:50 pm

Drugstore chain Rite Aid said Tuesday it plans to shutter at least 63 stores as it reassesses how many locations it needs, reports CNBC. The closures are part of a process that began in November and is expected to add $25 million in annual EBITDA, the company said in its latest earnings release. A list…

Lids' CEO: Global Brick-and-Mortar Retail is 'Alive and Healthy'
December 20, 2021 at 7:03 pm

In episode 329 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Tom Ripley, chairman and CEO of Lids, the largest licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across the U.S., Canada and Puerto Rico. Ripley discusses his professional background, Lids' partnership with the National Hockey League (NHL) to open…

Preparing Your Business for the New In-Store Experience
December 20, 2021 at 11:52 am

Whatever convenience e-commerce provides, it can never replace the in-person shopping experience. Therefore, it’s no surprise that consumers are returning to brick-and-mortar shops as the economy slowly recovers from the COVID-19 pandemic and more retailers offer in-store shopping. How Does This Impact the Retail Industry? Increased consumer traffic could lead to a new outbreak if…

Data Shows CVS Closing 900 Stores Will Bode Well for Customers
December 16, 2021 at 12:43 pm

Sometimes less is more. CVS recently shared its plans to close 900 stores over the next three years as part of its brand strategy to make healthcare more affordable, accessible and convenient for consumers. Though the move means there will be 10 percent fewer CVS stores, this change makes way for “new store formats” better…