Advance Auto Parts is Closing More Than 700 Stores in 2025
Nov 19, 2024 · Advance Auto Parts is closing more than 700 locations to shore up the company’s finances following another dismal earnings report, reports CNN Business.The car parts retailer, which has about 5,000 stores, said Thursday that the closures are part of its “strategic plan to improve business performance.”
Consumers Spend Record $6.1B Online on Thanksgiving
Nov 29, 2024 · Consumers spent a record $6.1 billion online on Thanksgiving, up 8.8 percent year-over-year (YoY). Growth outpaced last year (Thanksgiving 2023: $5.6 billion, up 5.5% YoY), driven by big discounts across the board.
Qurate Retail Group Rebrands, Announces Shift in Focus
Nov 18, 2024 · Qurate Retail Group, the parent company of QVC and HSN, among other brands, will rebrand as QVC Group as it shifts focus to social media and livestreaming. The company plans on changing its name in the first quarter of 2025 to strengthen the equity of …
5 Benefits of Brand Loyalty in Modern Retail Marketing
Aug 16, 2022 · Diane Keng Author's page. Diane Keng is the CEO and co-founder of Breinify, an AI and predictive personalization engine that helps brands curate dynamic, meaningful experiences for their consumers at scale.Diane is on Forbes’ 30 Under 30 for enterprise technology and has been featured in The Wall Street Journal, HuffPost, TechCrunch, OZY, and …
Changes in Big-Box Retail Tell a Fascinating Story - Total Retail
Mar 28, 2024 · Spencer Jordan Author's page. Spencer Jordan is the Senior Vice President of Leasing for Columbus-based Steiner + Associates, the co-owner, developer and manager of the award-winning Easton Town Center and corresponding Easton Gateway.
Target Launches Value-Priced Private Label Brand - Total Retail
Feb 19, 2024 · Target Corp. announced it has launched a new private label product line for price-conscious consumers called dealworthy. The assortment of 400 everyday basics will include apparel and accessories, essentials and beauty, as well as electronics and home items.
How IoT is Revolutionizing the Retail Industry - Total Retail
Jan 3, 2024 · Fabrizio Mulas Author's page. Fabrizio Mulas is the smart module product manager for Telit Cinterion.In his role, Fabrizio leads and manages the smart module product line development and supports the software strategy in other areas relating to value-add software and developer experience.
Corporate Social Responsibility: What Retailers Need to Know
Apr 17, 2024 · Stephanie Hoch Author's page. Stephanie Hoch is senior copywriter for The Lacek Group, a Minneapolis-based data-driven loyalty, experience, and customer engagement agency that has been delivering personalization at scale for its world-class clients for 30 years.The Lacek Group is an Ogilvy company.
Express Sold for $174M to PHOENIX RETAIL
Jun 17, 2024 · PHOENIX RETAIL, a newly formed joint venture comprising mall owners Simon Property Group, Brookfield Properties, Centennial, and brand equity and management firm WHP Global, received court approval on June 15 to acquire most of Express Inc.’s assets out of Chapter 11. PHOENIX will pay about $174 million split between $136 million in cash consideration and $38 million of assumed liabilities.
Which Retailers Are Branching Out (and Why Some Are Going Away)
Mar 19, 2024 · E Demos Parneros Author's page. Demos Parneros is the founder of CityPark, LLC. His expertise lie in the retail and e-commerce sector, where he brings extensive experience. Demos collaborate with companies to cultivate fresh insights and connections, enabling a novel understanding of disruptive business prospects.