News

Retailers are rapidly finding uses for generative artificial intelligence (AI) that go beyond customer service chatbots. Generative AI, which is ba sed on machine learning (ML), can create new ...
Despite the changing grocery landscape and the growing availability of shopper-friendly technology, moms are still shopping brick-and-mortar retail. That’s according to a new survey Valassis ...
A positive in-store experience is critical to repeat business. That’s one of the findings of a study from Raydiant, in which 48% of respondents said they prefer to shop in-person at a physical ...
Earlier this month, 7-Eleven said it would close 444 underperforming stores in North America. In a filing, the company cited consumers pulling back on purchases due to inflation and continuing ...
Americans want to see their local small businesses thrive — and are willing to spend more to do so. Consumers reported that they are willing to spend nearly $2,000 more in 2024 if it means their ...
G-III Apparel Group Ltd. is restructuring its retail operations segment and reducing its store portfolio to focus on its wholesale business. As part of the move, the company is closing its 110 ...
Consumers are expressing uncertainty about tariffs, but until price impacts become visible at retailers, consumers may focus on headwinds like continued price elevation.
When it comes to what size properties are becoming available, CoStar found that large boxes, including those formerly occupied by chains such as Big Lots and Joann, are leading the increase.
In addition, Foot Locker plans to incorporate learnings from the new concept into its store refresh program. Through the initiative, approximately two-thirds of global Foot Locker and Kids Foot ...
Variety’s acquisition of Big Lots! stores marks a significant expansion for the company, further solidifying its position as a leading discount retailer, the company said. Variety’s portfolio ...
Most Joann stores will stay open for going-out-of-business sales through May, or until supplies run out. Furniture, fixtures, and equipment are also available for purchase. The retailer's ...
System same shop sales and transactions increased 6.9% and 2.3%, respectively, compared to the same period in 2023. Members of the chain’s loyalty program, Dutch Rewards, accounted for 71% of ...