article thumbnail

Coach CEO Q&A: New Las Vegas Fulfillment Center will Reduce Delivery Times by 50%+

Retail TouchPoints

To better serve a growing legion of West Coast customers, Tapestry , parent company of brands including Coach and Kate Spade , opened its 788,000-square-foot North Las Vegas Fulfillment Center in November. Tapestry already operates a fulfillment center serving the East Coast located in Jacksonville, Fla. Designed to distribute 22.2

article thumbnail

Academy Sports Plans to Open 15-17 New Stores by Early 2025

Retail TouchPoints

Academy Sports + Outdoors will open up to 17 new stores during its 2024 fiscal year, which began Feb. The first two stores are in the Raleigh suburb of Knightdale, N.C., which opened on March 22, and the Indianapolis-area Greenwood, Ind., slated to open April 12. The retailer currently operates 283 stores across 18 states.

Outdoor 234
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Home Depot Boosts Pro Offering with $18.25B Acquisition of SRS Distribution

Retail TouchPoints

The deal, which is expected to close by the end of the retailer’s fiscal 2024 in late January 2025, is subject to customer closing conditions and will be funded through a combination of cash and debt. The Home Depot is acquiring building products distributor SRS Distribution for $18.25

article thumbnail

Recommerce Update: New Balance Launches Resale Program, Anthropologie Expands Denim Recycling

Retail TouchPoints

New Balance Debuts ‘Reconsidered’ Program To launch its new Reconsidered resale program, New Balance has teamed up with resale tech platform Archive for its branded online experience and Tersus Solutions for the cleaning, fulfillment and warehousing of trade-ins.

Apparel 219
article thumbnail

2 Top Target Chiefs Announce Retirement Plans

Retail TouchPoints

Mulligan will remain in his role until February 2024, at which time he will transition to a strategic advisor role until his official retirement in February 2025. Mulligan’s replacement has not yet been named, but Target said it will share succession plans prior to his official retirement in February 2025.

article thumbnail

How Boisson Benefits From — and Fuels — Non-Alcoholic Beverage Category Growth

Retail TouchPoints

However, Boisson is differentiating itself by helping drive and fulfill consumer demand with a robust omnichannel strategy that creates a flywheel effect not just for the business, but for NA collectively. The format also supports more fulfillment-driven experiences. wine and beer sales declining and spirit sales barely seeing growth.

article thumbnail

Nordstrom Doubles Down on Rack Business Following 8.3% Revenue Drop

Retail TouchPoints

The retailer noted that eliminating store fulfillment for Nordstrom Rack digital orders was a big reason why banner sales suffered. and plans to open 23 additional Rack stores through 2025. loss in Q1 2023. YOY but still represented 36% of total sales for the quarter. YOY revenue drop. in a statement.

Supplies 215