Retail News & Insights - Retail TouchPoints
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Dollar General Plans 800 New Stores, 1,500 Remodels in FY 2024
WEBDec 8, 2023 — Dollar General is planning approximately 2,385 real estate projects for fiscal year 2024, including about 800 new store openings (including approximately 30 pOpshelf openings and 15 new stores in Mexico), along with 1,500 store renovations and 85 store relocations.. While this would be an ambitious growth plan for any retailer, it actually …
Fickle Consumers? CVS Prescribes its CarePass Paid Loyalty Program
WEBOct 12, 2023 — As his title implies, Volin leads the CVS CarePass program, and he shared how the retailer’s relatively new paid membership is helping the company double down on both its values and value.. How CarePass is Adding Value for Customers…and CVS. Launched nationwide in 2019, the CarePass program offers members a range of …
FedEx CEO: ‘Our Mission is to Make Supply Chains Smarter for …
WEBJan 14, 2024 — FedEx is known for the logistics scale and expertise it has developed over a half century in business. Just a few statistics tell the story: the company delivers 15 million packages every day in 220 countries and territories.What might be less well-known is FedEx’s scale and breadth of data: the company generates one petabyte of information …
Deloitte Shares Loyalty Trends and Best Practices for 2024
WEBJan 2, 2024 — To drive customer retention and loyalty, most brands and retailers continue to rely on purchase discounts (77%) and loyalty program points (61%), according to Retail TouchPoints research.However, a Deloitte survey reveals that consumers’ loyalty program preferences and expectations are evolving. While financial benefits are still top of mind …
IoT in Retail: Top 5 Use Cases and Real-Life Examples
WEBJul 17, 2023 — 2. Supply chain and cold chain optimization. Interconnected IoT devices, including GPS and RFID tags, allow retailers to track the entire journey of their products, from production to the customers’ sites.
Miniso Continues U.S. Expansion with Plans for 12 New Stores
WEBMar 27, 2024 — China-based lifestyle retailer Miniso is continuing its rapid expansion across the U.S., with plans for stores in a dozen new markets through a partnership with mall operator CBL Properties.. The first wave of store openings started in November 2023 at malls in Roanoke, Va. and Winston-Salem, N.C., followed by a January 2024 opening in …
Retail Media: Everything You Need to Know - Retail TouchPoints
WEBSep 27, 2024 — Retail media ads can offer run the gamut from “on-site” advertising opportunities — such as ads and videos on its own website, app or even in its physical stores (an Amazon Sponsored Product ad is the most basic example of this) — to what is typically referred to as “off-site advertising.”Off site advertising is when a retailer lets …
Pop-Up Stores Become More Than Just A Trend - Retail TouchPoints
WEBThe pop-up store has become a go-to marketing strategy for retailers looking to extend the brand and introduce new products. The pop-up industry has grown to approximately $10 billion in sales, according to PopUp Republic.. Pop-up shops are being developed in a variety of shapes and sizes, as well as locations.
Target Enhances Employee Benefits with Higher Wage Range and …
WEBFeb 28, 2022 — Noting the importance of investing in its team members, Target announced a new starting wage range of $15 to $24 per hour, along with greater healthcare access for workers and their families.The enhanced pay and benefits packages will require Target to invest up to $300 million this year. “Our team is at the heart of our strategy and success, …