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As Retailers Pile On Sales Events, Shoppers Report Discount Fatigue
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Following Tough 2023, Allbirds Plans to Close 10-15 U.S. Stores This Year
Allbirds will close 10 to 15 underperforming U.S. stores in 2024 as it seeks to streamline its operations. The footwear retailer, which currently operates 41 stores in the U.S and…
News March 14Amazon Plans First-Ever Spring Sale for All Customers, not just Prime Members
Amazon has announced plans to host a Big Spring Sale in North America from March 20-25 that will feature product discounts available to all customers — not just Prime members…
News March 14Home Depot Strengthens Pro Offerings with 4 New Distribution Centers
The Home Depot plans to open four new distribution centers designed specifically for the needs of its professional customers in the first half of 2024. The DCs — to be…
News March 14Michaels Launches Birthday Parties, Enhances In-Person and Virtual Events
Hoping to inspire a love of crafting at an early age, Michaels has debuted a Birthday Parties offering following a successful pilot in Canada last year. For kids ages four…
News March 14How Bal Harbour Shops’ Unique Traveling Mall Connects with Luxury Consumers
Matthew Whitman Lazenby and his family have never dreamed small. Back in the 1950’s his grandfather, Stanley Whitman, decided to open a luxury shopping mall in Florida that would rival…
Features March 14How to Put Your Best Foot Forward in Retail Media
Retailers that have recently launched their own retail media businesses should learn from what the established leaders already do. The biggest player, with 60% of the $45 billion market, is Amazon,…
Executive Viewpoints March 14Dollar Tree to Close 600 Family Dollar Stores by August, Another 400 as Leases Expire
Dollar Tree Inc. will shutter approximately 600 Family Dollar stores in the first half of its 2024 fiscal year, which began Feb. 4, 2024. The discount retailer also plans to…
News March 13Purple, Tempur Sealy Settle Mattress Firm Acquisition Concerns
Purple Innovation, Inc., maker of the Purple mattress, and Tempur Sealy International, Inc., have established new partnership parameters amid Tempur Sealy’s planned acquisition of Mattress Firm. The companies also have…
News March 13Rite Aid Partners with Copia to Donate Surplus Food to California Nonprofits
Americans discard nearly 120 billion pounds of food every year — approximately 40% of the country’s food supply. Rite Aid is tackling this food waste issue head-on by partnering with…
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