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Small Format, Big Payoffs: Retailers Evaluate Real Estate to Meet Consumers Where They Are β€” at Home

Retail TouchPoints

That said, because of the smaller footprint, retailers have more of an ability to localize the store to the surrounding community, particularly where real estate is at a premium like in urban city centers or on college campuses.

Consumer 249
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Space Station Gift Shops? Dream Big World to Link Retail with Space Tourism

Retail TouchPoints

This is the first of many real estate leasing deals we plan to sign as we develop and launch these tourist, industrial and commercial stations,” said Rhonda Stevenson, CEO of Orbital Assembly in a statement. β€œIt At the recent GITEX 3.0

Gifts 208
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Foot Locker Continues Shift to Community Stores with New Chicago Location

Retail TouchPoints

Earlier this year, Foot Locker’s leadership unveiled a long-term β€œLace Up” strategy that included streamlining its real estate portfolio by closing underperforming stores and reimagining remaining stores’ designs. For example, the retailer is opening more community-driven stores in communities that have close ties to sneaker culture.

Workshop 233
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5 Gifts to Help Boost Your Birthday Emails

Sailthru

Here are five best practices to help give yourself the gifts of increased loyalty and increased email revenue : Collect That Data. With such high conversion rates, birthday emails have extraordinarily valuable real estate. According to market research firm Mintel, 78% of consumers give birthday gifts.

Gifts 78
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NFTs will Bridge the Gap Between the Real World and the Metaverse

Retail TouchPoints

NFTs will bridge the gap between the real world and the metaverse. By data structuring through NFTs, digital assets are linked with real objects. And, some major publishing companies are closing shop on their NFT marketplaces. What was once seen as a burgeoning opportunity is now being positioned as a bad investment.

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Paper Source Files for Bankruptcy, Plans to Keep Most Stores Open During Proceedings

Retail TouchPoints

As part of the process the retailer also is undergoing a β€œrobust real estate rationalization” to evaluate its real estate portfolio and renegotiate lease terms. The news comes a little over a year after rival stationary chain Papyrus filed for bankruptcy and shuttered all of its 254 stores across the U.S. and Canada.

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Seasonal Marketing Ideas for Spring Holidays

UpSellIt

Banners and visual elements are prime real estate for showcasing seasonal promotions, sales, and product offerings. This is especially useful for ecommerce websites that have a gift section or clothing lines made for the spring season.

Marketing 128