Ulta Beauty, Inc. added seven new stores, relocated two existing locations, remodeled three others and closed one store in the third quarter of fiscal 2021 ending Oct. 30 — giving the beauty brand 42 new stores, four relocated ones, eight remodeled shops and four closed...
Amid the pandemic in 2020, U.S.-based retailers said they would close more than 10,700 stores, some of the starkest evidence of COVID-19’s impact on the economy and consumers’ accelerated shift to shopping online. But this year, store opening announcements are nearly double the number of...
Another Big Tech player has unveiled plans to join the physical retail party, as Google has announced it will open its first-ever physical retail location in Manhattan’s Chelsea district. In a blog post, Google characterized its new retail location as “a space where customers can...
When Target unveiled its new strategic plan last month, along with a $4 billion annual spending commitment to make it happen, arguably the biggest part of the announcement was actually something small. Specifically, it was the retailer’s almost singular focus on continuing to build out...
January 09, 2020
Sometimes, a technology takes longer than expected to find its footing in a market. The ATM card, for example, was around for quite a while — since the early 1960s — before it fell into common use among U.S. consumers. For the first few years it was out there, consumers complained that getting money from […]
November 15, 2019
In 2014, it was hard to pick up any article about retail and not end up reading an obituary for the mall. It was the peak of “the mall is...
August 13, 2019
It can be challenging to recall the fear brick-and-mortar retailers had of mobile commerce seven to 10 years ago. Those merchants often viewed consumers walking aisles with mobile phones as...
January 02, 2023
More than 17,000 retail stores closed shop in the United Kingdom in 2022. The Centre for Retail Research reported Monday (Jan. 2) that there were 17,145 store closures during the year, more than in any of the previous four years, accompanied by 151,474 job losses. The number of store closures was higher than the 16,073 […]
December 03, 2021
Ulta Beauty, Inc. added seven new stores, relocated two existing locations, remodeled three others and closed one store in the third quarter of fiscal 2021 ending Oct. 30 — giving...
January 28, 2021
A retail industry researcher and forecaster issued a report on Thursday (Jan. 28) saying that as many as 10,000 stores could close in the U.S. in 2020. On the upside,...
July 14, 2020
Apple Inc. employees and shoppers who expected to see the California-based technology giant reopen its stores this summer got some bad news. In a video conference call with its workforce...
