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Heyday Plans to Open Hundreds of Skincare Stores Through Franchise Model
Skincare retailer Heyday announced ambitious plans to open hundreds of brick-and-mortar locations in the coming years, up from its current 10. The company will fuel its growth with the proceeds…
News February 24
Retail Insights 2021: 10 Predictions and Trends to Watch
Across the board, 2020 was a momentous year for us all. Retail has never faced so many changes and challenges. While physical stores have spent much of the year closed,…
Executive Viewpoints February 24
NRF Forecasts Retail Sales Could Grow by up to 8.2% in 2021
Accelerating vaccine rollouts combined with pent-up consumer demand will drive 2021 U.S. retail sales to at least $4.33 trillion, according to the National Retail Federation (NRF). That total would represent…
News February 24
Belk Files for Chapter 11, Plans ‘One-Day Reorganization’
[Editor’s Note: In a statement released after this story was published, Belk announced that it had successfully completed its one-day restructuring and exited Chapter 11 bankruptcy.] 133-year-old department store chain…
News February 24
With $1 Billion Investment, Estée Lauder Advances Toward Full Ownership of Startup Beauty Brand
Estée Lauder Companies (ELC) is increasing its investment in Deciem Beauty Group by approximately $1 billion to take a 76% majority stake in the cult skincare brand and establish terms…
News February 24
Walgreens to Launch Same-Day Delivery at Nearly 8,000 Stores
Walgreens will offer same-day delivery across Illinois through a partnership with Instacart, with plans to bring the service to nearly 8,000 stores nationwide in the coming weeks. Customers can place…
News February 24
Despite COVID, Spanish Retailer Rolls Out RFID Across 125 Stores in One Month
Editor’s Note: A version of this article originally appeared in RFID Journal. Spanish fashion retailer Encuentro Moda is deploying a radio frequency identification solution across its 125 stores, both to…
Features February 24
Food and Beverage Retailers Need Hard Data from Brands to Support Sustainability
Consumers want to know about the paths their food and drinks take from the farm to their pantry. And they want this pathway to feature sustainable choices by food producers,…
Executive Viewpoints February 24
