As the Ted Baker saga continues in the UK and Europe, North America isn’t immune to its problems and “select” Ted Baker stores in both Canada and the US have begun closing down clearance sales. Ted Baker Canada, which conducts business operations for Ted Baker in that country, plus Ted Baker Limited in the US, [...]read moreNorth American Ted Baker stores start closing sales
Amazon may be scaling back its AI-powered Just Walk Out checkout-free tech in its stores in favor of smart shopping carts, but Walmart-owned Sam’s Club says it’s turning to AI to speed up its own exit technology. Instead of requiring store staff to check members’ purchases against their receipts when leaving the store, Sam’s Club [...]read moreSam’s Club’s AI-powered exit tech reaches 20% of stores
The stage had been set early this month with Warpaint London promising impressive trading numbers, not only for the year ended 31 December, but also the current year’s Q1. Warpaint London That positive update on 4 April was duly followed by 24 April’s full results and the stock exchange-listed beauty specialist had indeed performed strongly [...]read moreWarpaint London’s success continues in Q1 as big-name stores stock up
Oura on Monday announced that its smart ring will be available in select Target stores in the U.S. The deal, which also brings the wearable to the retailer’s site, follows similar announcements with Amazon in March and Best Buy last April. It’s a good bit of validation for a company that almost singlehandedly legitimatized the [...]read moreOura’s smart ring hits Target stores
By Bloomberg Published Apr 22, 2024 Express Inc., the clothing retailer that rose to prominence through its business casual apparel, filed for bankruptcy after a turnaround effort fell short. Express has received a non-binding letter of intent from a consortium led by WHP Global for the potential sale of a substantial majority of its retail [...]read moreExpress goes bankrupt as WHP-led group flags interest in stores
Crisis-hit American retailer Express Inc said on Monday that it has received a non-binding letter of intent for the potential sale of a substantial majority of the company’s retail stores and operations”. Express It came from a consortium led by its major business partner WHP Global, as well as a wholly owned indirect subsidiary of [...]read moreExpress and WHP-led consortium in sale deal, all UpWest stores to close
Target is scaling back the presence of physical media in its stores. A spokesperson for Target tells IGN that the company is “transitioning the limited assortment of DVDs” it sells in stores to its website. “Moving forward, we’ll offer select DVDs in stores when they are newly released or during key times throughout the year [...]read moreTarget confirms it’s all but completely ditching DVDs in physical stores
The future of physical media took another blow as Target confirmed previously reported plans that it would stop offering physical DVDs in store and transition to only carrying a select number of films in brick-and-mortar locations during specific, limited times. However, the retail giant said games would be—for now—unaffected by this change. How Alan Wake [...]read moreTarget Will Stop Selling DVDS In Stores Soon, Games Remain
Sosandar’s full-year trading update on Tuesday was upbeat, as usual, although as the company gets bigger, the giant double (and even triple) digit leaps of the past are securely in the rearview mirror. The womenswear company said it saw a strong H2 plus overall FY24 revenue growth of 9%, continued margin growth and it has [...]read moreSosandar sales continue to rise as it preps move into physical stores
Whether you know it or not, “shrinkflation” is costing you. You’re paying more for less, as manufacturers boast record profits. Your paycheck is getting eaten away faster and faster every month, but you’re left with the same amount of stuff. How did this happen, and when is it going to stop? Phil Lempert, AKA the [...]read moreHow to Outsmart The Grocery Stores’ Rising Prices