Tag Archives: retailnews

Revamped Save A Lot stores reopen in Florida

Fresh Encounter has opened the first of its remodeled Save A Lot stores in Florida and capped off the event with a $10,000 donation to a regional food bank. The openings come six months after Ohio-based Fresh Encounter dedicated $7 …

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Amazon’s growth could outpace Walmart’s in 2022

On its current growth curve, Amazon is poised to outpace top US retailer Walmart based on gross merchandise volume by next year, according to new research from JPMorgan. CNBC

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Hudson’s Bay helps bring Forever 21 back to Canada

The low-cost fashion brand Forever 21 will have its full collections available at certain Hudson’s Bay Co. stores across the country, as the U.S.-brand returns to the Canadian market. BNN Bloomberg

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NJ’s American Dream debuts 2 new attractions

Legoland Discovery Center and the New Jersey SEA LIFE Aquarium open at the American Dream Meadowlands mall. The 25,000-square-foot “City Under the Sea”-themed aquarium is home to more than 3,000 marine creatures, while the Discovery Center features several Lego play …

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Costco kicks off summer with store opening plans

Costco will open five new US stores this summer, as well as one each in Australia and Japan, following strong sales growth during the pandemic that has continued into this year. The retailer operates more than 800 global locations, including …

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Department stores, malls look to evolve

Department stores have faced challenges in recent years, a trend that was exacerbated by the pandemic, and Coresight Research notes that 1,347 of these stores closed in 2020. Department stores will have to evolve their offerings, and malls are pivoting …

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Big Lots to add new stores

Big Lots will open 20 net new stores this year as part of an expansion plan begun in 2019 that has helped drive sales growth. Sales at the discount retailer grew 13% to $1.6 billion in the quarter ending May …

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Microsoft to dip a toe back into retail

Microsoft Experience Centers in New York City, London and Sydney will start selling the brand’s products next month, marking Microsoft‘s return to brick-and-mortar retail on a smaller scale. The company shuttered its global stores last year amid the pandemic with …

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Hermès entering Detroit market as US retail count

The French luxury brand Hermès is opening stores in Troy, Michigan, and East Rutherford, New Jersey, and expanding in Florida and California, according to Crain’s.

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Apple outlines retail growth plans

Apple plans to continue growing its retail store base to give consumers a place to interact with new technology. The tech giant, which operates around 500 store locations around the world, said it plans to build a $1.2 billion computer …

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