Advance Auto Parts is Closing More Than 700 Stores in 2025
Nov 19, 2024 · Advance Auto Parts is closing more than 700 locations to shore up the company’s finances following another dismal earnings report, reports CNN Business.The car parts retailer, which has about 5,000 stores, said Thursday that the closures are part of its “strategic plan to improve business performance.”
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The Container Store — once the premier hub for all things storage and organization — filed for bankruptcy amid mounting debt. The 46-year-old retail chain filed for Chapter 11 bankruptcy protection late Sunday in a Texas district court.
Consumers Spend Record $6.1B Online on Thanksgiving
Nov 29, 2024 · Consumers spent a record $6.1 billion online on Thanksgiving, up 8.8 percent year-over-year (YoY). Growth outpaced last year (Thanksgiving 2023: $5.6 billion, up 5.5% YoY), driven by big discounts across the board.
NRF: Steady Sales Growth Projected for 2024 Holiday Season
Oct 16, 2024 · The National Retail Federation (NRF) forecasts holiday spending to grow between 2.5 percent and 3.5 percent this holiday season, potentially easing concerns over any economic downturns expected.
How Anthropologie is Reaching the Next Generation of Consumers
In episode 442 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Elizabeth Preis, global chief marketing officer at Anthropologie, a unique, full-style lifestyle brand in the URBN brands portfolio. Listen in as Preis discusses the evolution of Anthropologie's marketing approach over the past few years (0:55), customer overlap between the …
Unlocking Retail Success: Utilizing Modern Communication Tools …
Nov 25, 2024 · E Jonathan Buckle Author's page. For over 20 years, Jonathan has been working with organizations across industries to leverage communications solutions that achieve customer experience objectives.
Retail Revolution: Navigating the Next 5 Years of Industry
Sep 9, 2024 · E Jennifer Smith Author's page. As a group media director, Jennifer has led some of MMWW’s premier clients in the retail industry, focusing on both brand and performance campaigns. With 17+ years of experience across digital as well as traditional media, Jennifer is a strategic powerhouse, bringing true partnership and thought leadership to …
Walmart to Boost Pay for Independent Delivery Drivers
Nov 11, 2024 · Walmart will pay independent delivery drivers new financial incentives to pick up online orders at its U.S. stores and deliver them to shoppers during the holiday season. The move is part of Walmart's strategy for boosting sales to upper-income households and competing with e-commerce rival Amazon.com, which is selling more everyday essentials to shoppers that it delivers in a day or two.
NRF: Thanksgiving Weekend Shoppers Decline YoY
Dec 3, 2024 · About 197 million Americans shopped over the five days from Thanksgiving through Cyber Monday this year, data from the National Retail Federation (NRF) showed on Tuesday. The number of shoppers exceeded the retail trade association's forecast of 183.4 million, but was still lower than the 200 million shoppers in 2023.
Don’t Let Swipe Fees Steal This Holiday Season
Dec 4, 2024 · Every holiday season, retailers look forward to a surge in consumer spending — only for swipe fees to barge in like the well-known green grouch, swiping away hard-earned profits one tap, insert and swipe at a time.