Retail Stores
The department store Belk is collaborating with the home goods and furniture retailer Conn's HomePlus to launch a store-within-a-store concept later this year. The new store format, which will launch under a new brand name soon to be announced, will give Belk customers access to Conn's home product categories, including furniture, home electronics and appliances, andโฆ
In 2022, the perfect store is rooted in constant evolution โ a system that maybe isnโt perfect in every moment, but is agile always, malleable when needed, and capable of critical self-reflection. These innate characteristics of the modern perfect store are supported by, and in return support, the adoption of a few important technologies andโฆ
Amazon.com opened its first brick-and-mortal apparel store on Wednesday, leveraging technology to set itself apart as it tries to grow its physical presence. Called Amazon Style, the new store, located in California, features machine learning technology to help customers find clothes and personalize recommendations as well as interactive dressing rooms. The store stocks men's andโฆ
It turns out the American consumer of 2022 isnโt all that complicated, at least according to Raydiantโs State of Consumer Behavior 2022 report. Shoppers today want bang for their buck, they expect a positive all-around experience when they enter your stores, and have just a few other requests that most retailers can easily honor โโฆ
The shopper should set the agenda for your brand โ always. Those brands that fall out of touch with consumer tastes become disconnected from those with the sole power to keep you profitable and relevant. This is why Raydiant produced the State of Consumer Behavior 2022 report. By serving up actionable insights into what theโฆ
Consumers accustomed to inflation continued to spend in April as retail sales overcame higher prices to show both monthly and year-over-year (YoY) increases, the National Retail Federation (NRF) said Tuesday. NRFโs calculation of retail sales โ which excludes automobile dealers, gasoline stations and restaurants to focus on core retail โ showed April was up 0.9โฆ
This summer Walmart is piloting a new College2Career program, which will give young professionals the chance to fast-track their careers by helping to run a multi-million-dollar business: one of its Walmart stores. According to a blog post on Walmart.com, the program is for recent college graduates and current college students within 12 months of graduating,โฆ
Over the next year, Best Buy will double the number of outlet stores it has to 32 โ starting with new outlets in Chicago, Houston, Phoenix, and Manassas, Virginia โ and add an outlet deals section to its website for the first time, the company announced earlier this week. Best Buy has operated outlet stores sinceโฆ
Online shopping might be easy, convenient and prolific, yet it hasnโt erased the need for flagship brick-and-mortar retail establishments. In fact, retailโฏreal estateโฏis undergoing a phenomenal โ and some might say surprising โ comeback. As REJournals reported, roughly 60 percent of businesses with physical retail assets plan toโฏexpand their footprintsโฏin 2022. Whatโs driving the momentum?โฆ
Ingka Group, Ikeaโs largest franchisee, on Monday announced it would invest more than 3 billion euros, or about $3.2 billion at press time, in its stores by the end of next year. The retailer aims to become more accessible for customers whenever and wherever they want to interact, according to a company press release. Ikea willโฆ