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Toys 'R' Us is angling for a comeback, but in order to do so, it will have to win over vendors who may be skeptical of working with a brand that's fresh out of bankruptcy. On Thursday, Tru Kids Brands – the new holding company of Toys 'R' Us – announced that it would be opening up two stores, one in Texas and one in New Jersey, in time for the holidays. Tru Kids will be partnering on the new stores with b8ta, a startup that's built both its own physical storefronts as well as a software platform to help retailers build experiential concepts
Last year, VC firm Greycroft announced that it was launching a joint $50 million fund with grocery chain Albertsons to invest in startups and platforms to power the grocery sector. Greycroft partner and co-founder Ian Sigalow, who manages the Albertsons fund, broke down the fund's playbook, how the firm is approaching grocery and how he sees traditional brick-and-mortar chains like Albertsons evolving.
Hollister is relaunching its lingerie brand Gilly Hicks by opening four new pop-up stores. This is part of the retailer's strategy to reinvigorate business and catch people's attention using small format, more experiential spaces. This strategic shift follows the lead of DTC brands. But can a large ailing retailer ride the same wave?
The Dick's partnership is the first time that Story is partnering with another retailer, since it got acquired by Macy's in 2018. While "it's a little atypical for a retailer to sponsor another retailer," it's something that Macy's is looking to do more of, according to Story's founder and now Macy's brand experience offer Rachel Shechtman.
Chicago-based startup Foxtrot, which is building a chain of upscale convenience stores, today expanded to its second market with the opening of a store in Dallas. The startup's expansion comes as chains like 7-Eleven and Wawa are also putting more effort into delivery.
Store fulfillment for online orders is something Target has been investing in heavily. Through a combination of ship-from-store, same day delivery powered by Shipt and in-store order pick-up and drive-up options, Target stores now fulfill 80% of online orders. As CEO Brian Cornell told investors during the company’s first-quarter results for 2019, it’s an operation that’s profitable for Target.
Dollar General is bringing more of its logistics capabilities in-house, seeking more control over its operations as it expands to the fresh and frozen food categories.
When Topshop announced last week that it was filing for bankruptcy in the U.S. and liquidating all U.S. stores, it should not have come as a surprise.
As Walmart and Amazon race to deliver online orders to customers in a one-day window, Target is reaping the profits of its store-centric same-day delivery strategy.
Stores aren't dead, but what they're being used for is changing.
Mobile payments are still a thorny issue for retailers.
Brands and retailers are turning to experience-based programs to build an army of brand advocates and organic influencers.
Point-of-sale loans are a customer acquisition opportunity for retailers.
Retailers are deploying robots to make stores more productive, an essential part of their e-commerce and delivery efforts.
Walmart is using money services to build loyalty among lower-income and underbanked customers.
Retail media is rich with data that the right team of analysts and strategists can help you unpack to better understand how your investment at retail is driving bottom lines. One metric doesn’t fit all; in fact, a combination of KPIs might be necessary to fully grasp sales success.
Target reported better-than-expected earnings results, and its stock has been soaring. Much of its recent success was thanks to its growing private label program, which gave the retailer better margins. The question remains whether the company can sustain this momentum as it scales more lines.
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