Not exact matches
Department
stores like Macy's (m) have been talking changes
and new initiatives for
years, so next
year is the time to put up or well, you know.
When T.J. Maxx
and Marshalls parent TJX (tax) reported the chains» first quarterly comparable sales drop in memory in November, many observers wondered whether the off - price juggernaut was running its course after
years of aggressive
store expansion.
After refining the technology
and inventory of items over the past
year, the «just walk out»
store is now open to all.
That likely reassured investors who watched Walmart sacrifice profits for a couple of
years as it gave workers raises
and invested heavily in e-commerce to better compete online
and in
stores.
Scott
and Aly opened their first
store in November 2008 — about a
year into the recession.
The company is increasingly crunching data to determine the optimal product mix at individual
stores and the ideal locations to set up new outlets (it relied on data to figure out the best place to open its first American Girl doll boutique last
year).
Moaza Al Matrooshi, a 24 -
year - old from Dubai, had one of her ovaries frozen as a nine -
year - old
and is thought to be the youngest to have had the tissue
stored for future use in a pregnancy.
The San Francisco - based start - up moved to
store its Chinese data locally in 2016 but China further introduced a strict cybersecurity law last
year that requires foreign
and local tech firms to offer technical support to authorities who wish to access it.
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.
Within five
years, the family owned 24 of the retail
stores and in 1972 listed Walmart on the New York Stock Exchange.
Amazon's house - brand batteries now outsell Duracell online,
and the company will now get upwards of $ 16 billion a
year in annual revenue from a grocery
store — Whole Foods, which it acquired over the summer.
Two
years ago, Foley began focusing on deliveries for shoppers at
stores like Costco in Southern California
and Austin, Texas.
For the first few
years after he introduced his shoes into his own
stores in 2006, it was very much trial
and error.
The world's largest retailer, for
years slow to respond to Amazon.com (amzn) in the digital wars, has been on a tear in recent quarters, helped by the $ 3 billion acquisition of jet.com
and overhaul of its marketplace last
year,
and by better integration of its
stores with its digital business.
The iPhone as a phenomenon really coalesced a
year later in 2008 with the 3GS, when the company added 3G wireless speeds
and the app
store.
Previously, same -
store sales growth represented the estimated percentage change in sales of all restaurants in the Company system that have been open for one
year or more,
and the base
stores changed on a rolling basis from month to month.
Within a mere
year and a half after launch, Slawsa gained placement in the relish aisle in over 4,200
stores in the US
and Canada with rave reviews from critics
and consumers alike.
Cornell's decisiveness, along with a better - than - expected holiday - season increase in sales at the website
and stores open for at least a
year, has revived Target's stock: The shares have jumped 30 % under the new CEO, to all - time highs.
«We opened our first
stores outside North America this
year, including multiple locations in South Korea
and Saudi Arabia.
Apple's iPhone X continues to perform poorly on
store shelves
and will reportedly be discontinued this
year, according to one analyst.
Beyond this
year, Target is also looking into expanding the TargetExpress concept in greater Philadelphia
and in Los Angeles, as well as additional such
stores in metro Washington, San Francisco
and Chicago.
Procter
and Gamble spent $ 7.2 billion on advertising in the
year to July 2016, according to its annual report, including worldwide TV, print, radio, internet
and in -
store campaigns.
The plan is to have 250
stores in Canada
and 320 in the U.S. over the next 10
years).
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.
Fifty
years after Ronald
and Valerie Frank started a camera repair business from their home, their two sons oversee a fast - growing business that combines a new bricks -
and - mortar
store with an expanding online presence.
Despite its growth over the past
year,
Store No. 8 is still in its infancy
and Finnegan is continuing to look for new entrepreneurs
and avenues for innovation.
«We have the right - size
stores, they're in great locations, they're a great asset for us,
and every
year, we're going to tweak the margin, because things evolve,
and so forth,» Joly said.
In the new
year, Lululemon will open new
stores in the United States
and Canada, as well as in new markets in Europe
and Asia.
Laurence Fink, CEO of BlackRock Inc., the world's largest investment firm, caused a stir earlier this
year when he suggested in a speech that people are opting for contemporary art, Bitcoins
and especially apartments from London to Vancouver as a safe
store of wealth in the place of gold.
Two
years after we launched the company — this was 1995 — Saks Fifth Avenue
and Neiman Marcus decided they were going to order bags for all their
stores for the holidays
and Christmas.
Nearly a
year ago, Walmart launched its startup incubator
Store No. 8 with the aim of reshaping the retail experience through technology like virtual reality
and drones.
This
year, coffee chain Dunkin' Donuts did something radical: it's considering dropping «Donuts» from its name,
and it opened several
stores called simply «Dunkin,» with more likely to come.
With over 1,700
stores and adding over 150 new locations each
year, Sport Clips is by far the leading men's
and boys» haircut franchise in North America, in all 50 states
and Canada.
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.
Now it's been almost a
year and the new
stores continue to do incredibly well, so we'll change over about 20 % of the chain this
year.
Frends products hit Apple
stores and Best Buy in October 2012; by the end of the
year, the Encinitas, Calif. - based company had revenue of $ 1.6 million.
Efforts to squash review aggregators come from the same playbook that retailers used a few
years ago when trying to eliminate «showrooming,» the practice of using a smartphone to comparison shop while inside a brick -
and - mortar
store.
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.
In business less than a
year, Kit
and Ace managers can't go back
and compare same -
store sales or track repeat business.
Sales are expected to skyrocket this
year thanks to distribution at popular clothing
stores such as Fred Segal, Nordstrom
and Urban Outfitters.
In terms of in -
store innovations, the company made a big splash last
year by launching
and then heavily hyping two
stores — a massive 140,000 - square - foot Canadian Tire in south Edmonton
and a Sport Chek in midtown Toronto — that came fully loaded with all manner of screens, simulators
and other forms of digital eye candy, including interactive video walls, window shopping using glass screens that display products,
and community boards that give customers access to local sports clinics, league registrations
and fitness classes.
Apple has invested in new Apple Music video content over the past
year, added peer - to - peer Apple Pay options,
and has revamped its
stores to deliver better customer care.
The company is also getting back into growth mode, opening seven
stores this
year and planning for 10 more in 2016.
Within a mere two
and a half
years after launch, Slawsa gained placement in the relish aisle in over 6,000
stores in the US
and Canada with rave reviews from critics
and consumers alike.
Look for this health combine in the coming
year or two to absorb one or more physicians groups,
and maybe enrich CVS's in -
store «Minute Clinics» with an independent network of neighborhood walk - in centers as well.
The company has said it will invest $ 7 billion over the next three
years to beef up its digital operations, freshen up existing
stores,
and open more small outlets that give the company a presence in urban areas.
The extra hiring is a nice contrast for Macy's which this
year has closed some 68
stores and laid off hundreds of workers as it looks to cull weak
stores.
On a full -
year basis, 2013 same -
store sales growth of 1.1 % in the Canadian segment was below our original target range of 2 % to 4 %; we believe this was due to ongoing challenging economic conditions
and increased competitive intensity in our industry.