Retail Stores

Conn's, Belk Partner to Launch Store-Within-a-Store Concept
June 1, 2022 at 11:45 am

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, andโ€ฆ

Developing a Perfect Store Strategy in 2022
May 26, 2022 at 2:29 pm

In 2022, the perfect store is rooted in constant evolution โ€” a system that maybe isnโ€™t 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 andโ€ฆ

Amazon Opens its First Physical High-Tech Apparel Store
May 25, 2022 at 2:41 pm

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 andโ€ฆ

Compassionate Retail is the Differentiator Your Organization is Looking For
May 24, 2022 at 12:07 pm

It turns out the American consumer of 2022 isnโ€™t all that complicated, at least according to Raydiantโ€™s 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 โ€”โ€ฆ

Consumer Trends That Every Brick-and-Mortar Brand Must Respond To
May 18, 2022 at 5:56 pm

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 theโ€ฆ

NRF: April Retail Sales Grow Despite Inflation
May 17, 2022 at 7:29 pm

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. NRFโ€™s calculation of retail sales โ€” which excludes automobile dealers, gasoline stations and restaurants to focus on core retail โ€” showed April was up 0.9โ€ฆ

Walmart Launches College2Career Program
May 16, 2022 at 8:13 pm

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,โ€ฆ

Best Buy to Double its Number of Outlet Stores
May 12, 2022 at 9:04 pm

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 sinceโ€ฆ

What Pandemic? Physical Real Estate is Having a Moment
May 12, 2022 at 4:51 pm

Online shopping might be easy, convenient and prolific, yet it hasnโ€™t erased the need for flagship brick-and-mortar retail establishments. In fact, retailโ€ฏreal estateโ€ฏis undergoing a phenomenal โ€” and some might say surprising โ€” comeback. As REJournals reported, roughly 60 percent of businesses with physical retail assets plan toโ€ฏexpand their footprintsโ€ฏin 2022. Whatโ€™s driving the momentum?โ€ฆ

Ikea to Invest More Than $3B in Stores By 2024
May 10, 2022 at 5:50 pm

Ingka Group, Ikeaโ€™s 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 willโ€ฆ