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British toy brand Hamleys has opened its second flagship store in Galleria Alberto Sordi, Rome. Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing 

🕯️ Candle lovers - not gonna lie, I geeked out a little when Julia Waldow of Modern Retail got in touch to source insights from Nikki Baird of Aptos Retail to address the importance of brick-and-mortar retail re: store expansion moves by Voluspa, my favorite candle company. 🏫 I had no idea Voluspa has been around since I was age 7 (I'm 32). It goes to show the road to brick-and-mortar expansion for some #DTC brands is quite (strategically) delayed after a long stint of selling solely via wholesale and eCom distribution channels. 🤝 When the timing is right, B&M is a key move to understanding and serving your customers more intimately. This recent DTC era of the brand (its 1st storefront est. 2019) has had to be such a fun and rewarding experience - to finally host fans for immersive 1st-party interactions at shops they call home. 👇 Full story link, below. #firstpartydata #retail #retailers #stores #storefronts #storeopenings #fragrance #brickandmortar #retailtech #CX #customerdata #consumers

IN RETAIL NEWS... Bealls, the longstanding Florida-based department store chain, is navigating the evolving retail landscape and thriving despite economic challenges. Originating in 1915, the chain has grown to 658 stores across 23 states, encompassing brands like Bealls Florida, Bealls, Inc., Home Centric, and more. Despite setbacks like the 2007-2008 recession and pandemic-related closures in 2020, Bealls has adapted by emphasizing online sales and maintaining an agile approach. With 15,000 employees and plans to open 22 more stores, Bealls credits its success to family ownership, a customer-centric culture, and financial accountability. President Tianne Doyle underscores the company's ability to compete and innovate, emphasizing their unique culture as the "real secret sauce." A recent rebranding by CEO Matt Beall and podcasts like "Limitless" and "Legacy" reflect Bealls' commitment to staying connected and providing insights into their family business. 🛍 👗 👔 👠 Miami Herald with the full story - https://lnkd.in/gzAC7_kN *** #Retail #New #Article #Bealls #Florida #Apparel #Footwear #Business

In my short edit of this weeks retail headlines two themes emerge - Partnerships and Cost cutting.   Here's what caught my eye:    Victoria´s Secret to reopen #Westfield Stratford store this autumn Frasers Group in talks with Authentic Brands Group to run their brands in Europe John Lewis & Partners calls for tax breaks and red tape cuts to boost housing development Zalando quarterly profits boosted by summer of sport Ted Baker Design Group to axe 30 jobs Morrisons extends Too Good To Go partnership to convenience stores John Lewis Partnership launches pre-owned kidswear concession at Oxford Street flagship SEPHORA to open seventh UK store this winter amid rapid growth Croydon boosted by wave of new retail signings after years of uncertainty IKEA trials self-service lockers under Tesco tie-up boohoo Group eyes sale of London office GO Outdoors LTD to open Europe's largest outdoor store in ex-John Lewis unit Bensons for Beds acquires 19 former Carpetright stores Co-op renews 30 year partnership with Wincanton Deliveroo back in the black as retailer tie-ups boost orders Poundland & Dealz to cut head office jobs in cost-cutting drive Mountain Warehouse sales climb to new peak as it opens first Australian stores American Golf tees off store expansion with new Go Outdoors partnership Ocado Group trials refillable packaging on everyday products ASOS.com ramps up AI use with expanded Microsoft partnership   My story of the week: John Lewis looking at pre-owned kidswear is a great initiative.  So many brilliant benefits of this circular scheme. Well done JLP! #retail #shoppingcentres #CMO #CEO #CCO #brand #marketing

We can't keep this secret any longer: Aritzia is coming to Legacy West this summer! Known for everyday luxury, this Canadian apparel company promises an unmatched shopping experience with trendy clothing & accessories. Noor Adatia, Staff Writer at Dallas Business Journal, shares about our exciting new tenant in the article article below. https://lnkd.in/gV_be4K4 #retail #realestate #leasing #prismplaces

Consolidation of the department store retail sector continues. This round at the premium level. Expect continued overall declines in a retail segment that is in dire need of real transformation to remain relevant long term. More of the same won’t cut it. #retail #departmentstores #wholesale #ecommerce

Retail Today / Retail Renaissance: Instead of just focusing on the major retailers, what about a specialty retailer on a tremendous growth path? #bootbarn BOOT BARN the “regional western wear retailer” turning into a “National Lifestyle Brand”. 🤠 “Howdy Partner” #westernwear #brandexperience Sales volume $1.67 Billion Dollars, 3 year sales growth +26%! 55 new stores in 2024, “Coming Soon”. With 400 current locations, with a national growth plan of 900 stores! #sales Boot Barn’s stock is trading up 68% this year! What is their strategy? #retailstrategy Strong Merchandising-Expense Management-Omnichannel-CustomerCentric #mechandising #expensecontrol #omnichannelretail #customercentric If you haven’t attended a Country Music Festival or Concert lately, your missing on the power of country music and the excitement over western wear apparel. Country Music has gone from $4.9 Billion in 2009 to $15 Billion Dollars last year with a 22% increase. #apparelindustry Find attached the Top-Grossing Country Artists of all time. I have also attached my Boot Barn visit last fall to their store in Nashville. #nashville #retail #retailtrends #retailindustry #westernwear #countrymusic #shoppingexperience #brandexperience #TopRetailExpert Modern Retail Boot Barn

Foot Locker's newly redesigned store doesn’t solve all of its problems, but it is a very good start at remedying some of the ills that have plagued the brand.   Most of the estate looks tired and shops are not conducive to driving sales as they are too functional and don’t always allow Foot Locker to showcase product effectively. This deters customers, especially younger ones who like modern and exciting environments. However, it is also a turn-off for brands like Nike which are conscious about how their products are displayed.    The refresh also brings Foot Locker into line with other retailers. The bar for store design has been set far higher thanks to companies like Lululemon or Vuori, and even Dick’s is investing more in its stores – especially the new House of Sport locations. Its commitment to updating 900 shops shows that Foot Locker does not want to be left behind.    In my view, the plans will also help CEO Mary Dillon, as they are solid evidence to investors that things are changing. Foot Locker has had a string of very bad numbers so Wall Street is now keen to see signs of material change.   However, new stores also need to be accompanied by better sales numbers. This might be more difficult to deliver quickly in a sneaker market that is still very soft and where several brands are still trying to push direct to consumer sales. Thanks to Insider Retail for including more of my thoughts in this piece... https://lnkd.in/eYNiB5vM #retail #retailnews #sneakers #stores #design #sportinggoods

“Instead of going after a department store, let’s do something that’s more fun and more interesting and that will drive a lot of traffic.” The quote pretty much sums up the state of the US #DepartmentStore sector (it’s not quite as bleak outside the US, where many department stores still have, well, “departments” beyond apparel, footwear, accessories, fragrance, beauty, and home). For those wanting a bit more (or for those who are paywalled), read on. The Wall Street Journal pulls no punches. “Department stores are bleeding customers, and landlords no longer view them as magnets for shoppers. Discounters are underpricing them. Specialty stores are outmaneuvering them. And luxury brands are sometimes bypassing department stores to open their own shops. The surviving operators are making big moves in hopes of turning things around. Saks Fifth Avenue’s parent company is buying rival Neiman Marcus. Nordstrom executives are exploring taking the company private. Macy’s new chief executive is closing stores while trying to improve the shopping experience at its leaner fleet. But department stores’ long-term decline will be difficult to reverse. Their sales peaked just before the turn of the century and have been on a downward trajectory ever since, according to U.S. census data. ‘Young customers aren’t shopping at malls and they aren’t shopping department stores in the same way they used to,’ said Stenn Parton, Prism’s chief executive. “ https://lnkd.in/grjfc33W

Lavie Sport has taken a significant stride in expanding its product portfolio, venturing into the unisex accessory domain to introduce a thoughtfully curated array of professional bags. #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailreports #retailtechcase #retailtrends #retailbusiness