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Primark Opens Second U.S. DC, Announces Plans for 4 New Stores

Retail TouchPoints

The retailer currently operates 24 stores across nine states, with plans to create a 60 -store footprint in the U.S. The new 550,000-square-foot DC joins Primark’s facility in Bethlehem, Pa. We’ve seen growing demand for Primark stores across the U.S., store to meet customer demand,” said Kevin Tulip , President of Primark U.S.

Fashion 239
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Gartner 2023 Predicts: Brands Must Focus On Composability, AI, and Building Consumer Trust

GetElastic

Here’s what Gartner predicts: “By 2026, the speed of digital innovation will improve by 60%, relative to 2022, for organizations that have established mechanisms to reuse composable digital commerce modules.” “By A poor experience with one seller can create a domino effect and damage consumer confidence in other sellers.

Consumer 148
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DSW Plans to Double Sales of Private Label Brands Over Next 5 Years

Retail TouchPoints

The company — which operates 650 locations under the DSW Designer Shoe Warehouse and The Shoe Company banners —announced plans to nearly double sales of its owned brands, from 19% of the business to one-third by fiscal 2026 (the fiscal year ending January 30, 2027).

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Essity Completes $320M Acquisition of Digitally Native Intimates Brand Knix

Retail TouchPoints

While the brand relies heavily on a DTC presence, it also operates six brick-and-mortar retail stores. Its wireless bras have grown in popularity among consumers as the demand for comfortable intimates options continues to grow. The brand also committed to offering these goods in inclusive sizing and operates a teen label, Kt by Knix.

Apparel 182
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How Data and Tech Power Jewelry Brand Pandora’s Mission to ‘Give a Voice to People’s Loves’

Retail TouchPoints

To do that will take a years-long effort, already underway, to break down data silos and transform the company’s global operations. “As Now we have a lot more owned-and-operated stores, and when you build a system to target mostly wholesale, that’s a whole different level of transactions than if you have your own stores.

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Walmart Names Two-Decade Veteran to Top Merchandising Role

Retail TouchPoints

Consumables Division. The retailer also is investing in ways to keep its operations agile. Walmart plans to introduce automation at nearly two-thirds of its stores and aims to have approximately 55% of its fulfillment center volume move through automated facilities by the end of fiscal 2026.

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Foot Locker Moves Away from Malls with Plans to Close 400 Underperforming Stores

Retail TouchPoints

The plan to do that — dubbed “Lace Up” — will include simplifying operations and investing in “core banners and capabilities.” As of the end of January 2023, the company operated 2,714 stores across 29 countries in addition to 159 franchise stores in the Middle East and Asia.