Ulta revealed during its third-quarter earnings call that it is reducing the number of stores it will open each year. According to Retail Dive, Ulta’s long-term brick-and-mortar strategy has been decreased to between 1,500 and 1,700 total stores. The news comes as a bit of a...
Walmart India revealed that it is investing about $500 million to open 47 new stores by 2022. According to CNBC-TV18, the new stores would take the total number of Walmart locations in India to 70. The report said, “Krish Iyer, president and CEO of Walmart...
A report has found that opening a new brick-and-mortar location can cause a significant boost in a retailer’s online traffic. According to a recent ICSC study, “The Halo Effect: How Bricks Impact Clicks,” when retailers invest in brick-and-mortar stores, their online presence grows. The data...
Consumers are trading tables and booths at restaurants for their own homes, opting to take away food from QSRs instead of dining in. Even when it comes to groceries, consumers are looking for convenient choices, such as prepared foods and meal kits. In the retail...
July 17, 2020
Even with a rise in COVID-19 cases in a number of states, Costco intends to open five new stores prior to September’s close, in addition to two delivery facilities. The new stores will be in Cherry Hill, New Jersey; Bismarck, North Dakota; Saratoga Springs, Utah; Surprise, Arizona and Idaho Falls, Idaho, Acorns reported. Per the […]
December 10, 2018
Ulta revealed during its third-quarter earnings call that it is reducing the number of stores it will open each year. According to Retail Dive, Ulta’s long-term brick-and-mortar strategy has been...
November 01, 2018
Walmart India revealed that it is investing about $500 million to open 47 new stores by 2022. According to CNBC-TV18, the new stores would take the total number of Walmart...
October 16, 2018
A report has found that opening a new brick-and-mortar location can cause a significant boost in a retailer’s online traffic. According to a recent ICSC study, “The Halo Effect: How...
