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Netflix Plans Permanent Brick-and-Mortar Locations Beginning in 2025

Retail TouchPoints

Netflix is reportedly planning to open permanent brick-and-mortar stores, beginning in 2025 with two in the U.S. Netflix has operated multiple pop-up stores around the world, including a multi-title location in Los Angeles that operated during the 2022 holiday season and a Manhattan location tied to the Bridgerton series.

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

Retail TouchPoints

The retailer currently operates 283 stores across 18 states. Academy Sports + Outdoors is excited to provide our customers with new convenient stores that carry a localized assortment that meets the needs of active families in these communities,” said Eric Friederich, SVP of Retail Operations at Academy Sports in a statement.

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Ulta Beauty Plans 2025 Expansion to Mexico

Retail TouchPoints

Ulta Beauty , which posted strong financial results for 2023, will move into Mexico next year as part of a joint venture with global brands operator Axo. The retailer’s $11.2 billion in net sales for FY 2023, which ended Feb. 3, 2024, was 9.8% higher than the previous year, fueled by a comparable sales rise of 5.7%.

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Reuters: IKEA’s Home Deliveries Will be Made by EVs by 2025

Retail TouchPoints

IKEA is reportedly aiming to make home deliveries by electric vehicles by 2025, Jesper Brodin, CEO of the furniture retailer’s parent company Ingka Group , said in an Oct. tons, to zero emissions by 2040 in OECD (Organisation for Economic Co-operation and Development) markets, China and India. In August 2022, IKEA U.S.

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REI Plans to Open 10 Stores This Year Plus Two More in 2025

Retail TouchPoints

REI Co-op will open 10 stores this year and already has plans in the works for two more stores to open in 2025 — in Durango, Colo. in the spring and St. George, Utah in the fall. The store locations and timetables for the 2024 openings are: Spring: Beavercreek, Ohio and Beaverton, Ore.; Summer: Glendale, Ariz.; Ithaca, N.Y. Fall: Albany, N.Y.

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Joann Enters Structured Bankruptcy; Stores and Site to Remain Operational

Retail TouchPoints

In early 2023 , Joann was pursuing $200 million in annual cost reductions, part of a plan that was scheduled to come to fruition by early fiscal 2025. Under the TSA, financial obligations to employees, vendors, landlords and creditors will be paid and honored in the ordinary course of business.

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Victoria’s Secret Aims for $7.3B in Sales by 2025 as Brand Continues Image Overhaul

Retail TouchPoints

billion in sales by 2025. With our new operating structure in place, we now have even greater agility and an aligned focus on our customer and our strategic priorities. Victoria’s Secret revealed during its Oct. 13 Investors’ Day presentation that it will attempt to reach $7.3 billion in 2019 to $6.6

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