Advance Auto Parts is Closing More Than 700 Stores in 2025
Nov 19, 2024 · Advance Auto Parts is closing more than 700 locations to shore up the company’s finances following another dismal earnings report, reports CNN Business.The car parts retailer, which has about 5,000 stores, said Thursday that the closures are part of its “strategic plan to improve business performance.”
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NRF 2025: What Trends Can We Expect to See at Retail's Big Show?
Jan 8, 2025 · It’s almost that time of year again ... NRF, one of the biggest retail shows, is back for 2025. Retail’s Big Show invites more than 6,200 brands from around the world to the Big Apple to unveil the latest trends and insights the retail sector can expect throughout the year.. NRF 2025 is expected to focus on a number of important topics, …
How Malls Are Making a Comeback in 2024 - Total Retail
Apr 16, 2024 · Comparing yearly visits to malls in 2021, 2022, and 2023 to pre-COVID 2019 shows that malls are making slow but steady progress in closing the year-over-four-year visit gap.
Build Consumer Trust With Reputable POS Providers
Dec 17, 2024 · According to research by PwC, overall spending will surge this holiday season to an average of $1,638 per shopper, a 7 percent increase from 2023 and a 15 percent increase from 2022.. While this is good news for a recovering economy, 34 percent of Americans went into debt over Christmas in 2023, with 67 percent of those using credit cards and 33 percent paying interest rates of 20 percent or ...
How Retailers Can Foster Connection With Every Age Group
Jan 14, 2025 · E Barb Olson Author's page. Barb Olson is vice president, strategic services for The Lacek Group, a Minneapolis-based data-driven loyalty, experience, and customer engagement agency that has been delivering personalization at scale for its world-class clients for more than 25 years. The Lacek Group is an Ogilvy Experience company.
Scan-Based Trading Offers Retailers the Flexibility to Respond …
3 days ago · Mark Landgren Author's page. Mark Landgren is the senior vice president leading the Scan-Based Trading (SBT) division at Financial Information Technologies, LLC (Fintech). In his role, he oversees SBT solutions impacting over 90,000 retail locations throughout North America. Before joining Fintech, Mark was the CEO of Nexxus Group for more than a decade, transforming the company into the ...
Why Consumers May Never Return to Their Pre-Pandemic Habits
Jan 7, 2025 · The COVID-19 pandemic has left a mark on nearly every aspect of life. The ways people shop, make purchasing decisions, and perceive value have fundamentally shifted over the past few years. When we emerged from the pandemic, it became clear that many of the changes in consumer habits were here to ...
5 Benefits of Brand Loyalty in Modern Retail Marketing
Aug 16, 2022 · Diane Keng Author's page. Diane Keng is the CEO and co-founder of Breinify, an AI and predictive personalization engine that helps brands curate dynamic, meaningful experiences for their consumers at scale.Diane is on Forbes’ 30 Under 30 for enterprise technology and has been featured in The Wall Street Journal, HuffPost, TechCrunch, OZY, and …
Consumers Spend Record $6.1B Online on Thanksgiving
Nov 29, 2024 · Consumers spent a record $6.1 billion online on Thanksgiving, up 8.8 percent year-over-year (YoY). Growth outpaced last year (Thanksgiving 2023: $5.6 billion, up 5.5% YoY), driven by big discounts across the board.