I still remember a shopping trip I took to a local pet retail
store more than years ago, where an employee took the time to chat me up about my cat.
Not exact matches
And bucking the trend in a retail industry where many rivals are paring their
store fleets, Walmart said it plans to open a few
more stores: it expect to open fewer
than 15 SuperCenters in the U.S. next
year, a small uptick to be sure, but additional physical facilities to support its roughly $ 15 billion a
year e-commerce business.
Some industry observers predict that retail will change
more in the next five
years than it has over the past century, and that the extinction of brick - and - mortar
stores isn't far off.
More than once in the intervening
years, Minhas has faced challenges she describes as anything but fair: regulatory hurdles slowing her products» spread, retail monopolies denying access to their
store shelves and larger competitors muscling in on her turf.
Apple now has
more stores in China
than any other region outside of the U.S. Despite that, China revenue fell to $ 45 billion in the latest fiscal
year, down from a record $ 59 billion in 2015 amid greater competition from local phone makers like Huawei Technologies and Xiaomi.
We are incredibly grateful to all of our associates for their dedicated service to Bon - Ton and to our millions of loyal customers who we have had the pleasure to serve as their hometown
store for
more than 160
years.»
So far, the design seems to be working: Warby Parker, which was founded in 2010 and opened its first retail
store three
years later, is reportedly valued at over $ 1 billion and will have have
more than 70 locations open by
year's end.
On Wednesday, JCPenney also reported weak sales at
stores open for
more than one
year.
This past
year, 51 percent of purchases took place online,
more than 90 percent of consumers used smartphones while shopping in -
store and 78 percent of global shoppers were influenced in some way by social media.
Sutterfield boasts that she hectored Safeway
store managers for
more than a
year before they placed their first $ 50,000 SoapWorks order, in April.
This
year,
more than 1,000 retail brands, representing 180,000
stores in 330 mainland cities, will participate in Alibaba's event, according to a recent press release.
«There is just less fear from people who feel like they might lose their jobs... Our shoppers seem
more confident
than they did a
year ago,» said Reed, 63, whose chain of four
stores clocked a roughly 10 percent jump in sales from Thanksgiving to this week, compared to the
year before.
Gap said in a statement Thursday that comparable -
store sales, or sales at locations open at least one
year, fell 6 %,
more than the Bloomberg expectation for a 5 % drop.
Sales at
stores open for
more than a
year — a key benchmark for investors — rose 6.3 percent.
The metric is an important measure of longevity because it includes only sales from
stores that have been open for
more than a
year.
This
year Samsung introduced its new Family Hub Refrigerator designed to do a whole lot
more than just
store your food.
Disney has closed
more than 120
stores in the past two
years as it struggled to keep its own merchandise competitive with lower - end retailers.
Thus far, the industry has announced plans to close 6,700
stores this
year,
more than any other
year on record, and there's still two months left in 2017.
When Kip Tindell, CEO of The Container
Store, first heard Herb Kelleher's words
more than 40
years ago he was, in his own words, «completely taken by it.»
A partnership with credit - card company Discover, announced last
year and slated to begin later this
year, would allow customers at
more than 7 million physical
store to make purchases using their PayPal accounts.
Last
year's surprising acquisition of Country Style Food Services Holdings, Ontario's second - largest coffee chain, boosted MTY's
store count by nearly 50 %, and the most recent addition — Quebec hot - dogs - and - fries specialist Groupe Valentine, a deal that closed earlier this month — has brought the total to
more than 1,700 restaurants that ring in about US$ 400 million in annual sales.
Cabela's has struggled with declining sales of apparel and footwear and has reported same -
store sales growth in only one quarter in
more than three
years.
The move comes as Sears tries to bounce back from a five -
year stretch during which it lost
more than $ 8 billion as it closed hundreds of
stores and sales dropped sharply.
Hong Kong retail sales fell 7.7 percent on -
year in July, with jewelry and watch sales down
more than 26 percent and department
store sales falling nearly 7 percent.
The first Amazon Go
store opened one month ago to much fanfare, after
more than 12 months of hype that only crescendoed as the company delayed the public opening by about a
year.
The deal values Kind at
more than $ 4 billion, according to people briefed on the transaction, marking a significant valuation for one of the most prominent new food brands to hit
store shelves in recent
years.
It's been
more than four
years now since the giddily titled book Go Canada: The Coming Boom in the Toronto Stock Market and How to Profit From It hit
store shelves, advising its hopeful readers that within a decade the Toronto Stock Exchange would
more than double in value to 30,000 points.
But after
more than a
year and a half of FTC review, the companies concluded the deal would be rejected, despite its offer to divest some 1,200
stores to Fred's in order to ease the regulator's concerns.
Nearly 10
years later, he's proven to be
more than capable of running the country's largest grocery -
store chain.
The handout came with strings attached: Salus had to sign off if RadioShack wanted to close
more than 200
stores a
year — essentially giving the firm power over one of the company's only ways to raise cash.
Ten
years and
more than 345
stores later, Apple has become one of the most admired retailers in the world.
So they pulled out all the stops by experimenting with an in -
store cafe, free Wi - Fi, monthly book swaps, a children's play area, entertainment,
more than 200 in -
store author readings a
year and community forums on topics of interest to customers.
But Adam & Eve, which has been selling such products in the U.S. for
more than 40
years, brought the adult
store out of the shadows in 2009 with the launch of the Adam & Eve
store franchise.
«We have seen our online sales grow by
more than 50 per cent in the past
year and new services, such as in -
store reserve and pickup,
more than doubling,» said Best Buy Canada president Ron Wilson in a release.
Fresh food is already available in
more than half of Walmart's 337
stores, and the company has nearly doubled its grocery market share over the past couple of
years.
In 2011, Marco's Pizza opened 61 locations, and
more than 100
stores are slated to open in the 2012 fiscal
year.
Even as he tries to open
more than 30 new
stores in three
years, he'll do it cautiously, watching how the
stores perform in each new market before opening
more: «Until I'm very comfortable and convinced, the foot's always ready to be on the brake as opposed to the gas.»
Starbucks has room to open 5 %
more stores a
year in the Americas and «much
more than that in Europe and Asia, which are still very underpenetrated,» Davidowitz says.
TMX's growth is especially evident in Texas, where it has opened
more than 150
stores in the past two
years.
By 1997, the chain's same -
store revenues were expanding at a double - digit clip, reaching
more than $ 3 million that
year, although Riviera acknowledges that the company wasn't profitable.
More than 6,400
store locations have announced closures this
year.
His predecessor, Jim Skinner, had eight
years of consecutive positive same -
store sales growth, a nearly 50 % increase in revenue, and a
more than doubling of profits.
Analyst Sam Poser said that while the company continues to spend
more than it probably should, offsetting a double - digit increase in its revenue at
stores open at least a
year, it should get a significant boost from the deal with Macy's.
«
More units of Super NES Classic Edition will ship on its September 29 launch day in the US
than were shipped of NES Classic Edition all last
year, with subsequent shipments arriving in
stores regularly.
While he loved the culture at Zappos.com, the online shoe
store where he'd spent
more than three
years as senior director of brand marketing, he wanted to look for new opportunities at a large company in New York or a startup in San Francisco.
The struggling retailer, which has lost
more than $ 10 billion in the last six
years, also said it may sell off 140
stores in a deal with the Pension Benefit Guaranty Corp to pay $ 407 million into its underfunded pension plan.
Apple's App
Store first launched
more than nine
years ago, and since then, it's grown to become one of the most popular ways for app developers to be seen and earn downloads.
The company's sales have dropped from $ 53 billion in 2006 to $ 16.7 billion in 2017, and it plans to close
more than 170
stores this
year.
Businesses with
more than 100 locations, he says, may want to set aside «at least the cost of opening a new
store into their mobile property as an initial investment — and half that again each
year moving forward.»
Lululemon ended fiscal 2010 with 13
more stores than the
year prior, and has plans to open up 30 new
stores in 2011.