Retail TouchPoints
As Retailers Pile On Sales Events, Shoppers Report Discount Fatigue
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Frasers to Shutter Matchesfashion Just Months After Acquisition
Frasers Group is shutting down luxury ecommerce site Matchesfashion just three months after acquiring the business, saying in a statement that “continued funding requirements would be far in excess of…
News March 8
Burlington Plans to Open 100 New Stores in 2024
Off-price retailer Burlington Stores beat expectations for Q4 2023 (the 14 weeks ended Feb. 3, 2024), with total sales increasing 10% and comparable store sales growing 2% year over year.…
News March 8
Lidl Names New Chief Commercial Officer and First-Ever Chief Customer Exec
Discount supermarket retailer Lidl U.S. has named four executives with extensive retail experience to top posts, including naming Frank Kerr as the company’s first-ever Chief Customer Officer. Kerr is returning…
News March 8
Thrive Causemetics Founder Reveals What it Takes for a Cause-Based Brand to Stay on Mission
Karissa Bodnar, Founder and CEO of clean beauty brand and DTC success story Thrive Causemetics, grew up in a small town in rural Washington state. She lived off a dirt…
Features March 8
2024 Brought New PCI Requirements. Hackers Can Help You Keep Up
As the average cost of a breach hits $4.45 million, regulatory authorities are driving more industrywide requirements to address growing threats. The critical role payment and financial services play in…
Executive Viewpoints March 8
Abercrombie Debuts Wedding-Themed (and Wedding-Adjacent) Collection
Abercrombie & Fitch has launched “The A&F Wedding Shop” both online and in stores. The collection of more than 100 items for brides, bachelorettes and guests has been designed not…
News March 7
Aldi Plans to Add 800 New U.S. Stores by 2028
Discount grocer Aldi will invest more than $9 billion over the next five years on its national expansion plan, which includes adding 800 stores to its U.S. fleet by the…
News March 7
Michaels Puts Makers in the Spotlight for New Ad Campaign, In-Store Selling Pilot
Michaels has launched a new brand campaign and in-store selling activation to shine a spotlight on its MakerPlace by Michaels online marketplace. MakerPlace by Michaels was designed to be an…
News March 7
Beyond Acquires Zulily, Plans to Revive Brand in Q2
Beyond, Inc. — parent company of Bed Bath & Beyond and Overstock.com — has acquired the intellectual property of defunct flash-sale retailer Zulily, following that platform’s abrupt wind-down of its business in late 2023. Newly…
News March 7
