Roots Corp. sees ample room to grow its store base in this country even as it looks to broaden its global footprint beyond North America and Asia.
Category Archives: RETAIL
If there is indeed a retail apocalypse underway, nobody told The Home Depot. The home improvement chain said on Tuesday that comparable sales rose an astounding 6.6% in the United States in its most recent quarter, propelling the company to its highest quarterly revenue ever.
Welcome to STORES Top 100 Retailers. This annual compendium of the nation’s retailers is a ranking of the industry’s largest companies according to sales. Still, it’s the stories behind the numbers — the newly minted winners and the radical thinkers — who power these numbers and shape the future of retail. Explore the complete list or read an in-depth analysis of the changes in this year’s rundown.
Surely you’ve already heard about Amazon’s latest move. On June 16, Amazon announced that they were buying grocery chain, Whole Foods, for $13.7 billion. This acquisition has huge implications for not just the food delivery industry, but the delivery industry in general.
Depending on who you ask, estimates of the number of retail stores that will close in 2017 range from 7,000 to 10,000. Given the retail climate, the number of new store openings is likely to be much lower. If you walk in almost any shopping area now, you see vacancies. They’re an eyesore, they make people less likely to shop, they ruin the adjacencies that spur shoppers to buy and they limit the incomes of store employees, retailers and landlords.
With more than half of 2017 still ahead, the retail industry is seeing a record-setting pace for bankruptcy filings and store closings — and more are expected in the not too distant future, despite what most consider a healthy consumer.
Speed, experience and personalization stand out as three strengths that convenience stores have in the battle to attract consumer dollars, according to research from The Nielsen Co.
The retail industry’s international expansion slowed a bit in 2016 from its strong pace of a year earlier as retailers adjusted to e-commerce and shifting exchange rates, according to CBRE Group Inc.’s 10th annual study of international retail expansion.
Coach and Kate Spade have long been the affordable luxury brands of choice for the aspirational shopper. From Coach’s embossed logo and leather handbags to Kate Spade’s kitschy, colorful accessories, their products lured buyers who wanted a taste of fashion without the sharpest edges — or the highest cost.
At some point, almost every retailer will face a public relations episode that requires attention. Experts say that learning how to respond — and how not to respond — can turn a bad situation around.