Dick’s Sporting Goods to Shutter Some Foot Locker Stores
Dick’s Sporting Goods is planning to close a number of Foot Locker stores now that its acquisition of the sneaker company is complete, the company said Tuesday when announcing fiscal third-quarter earnings, reports CNBC. The company declined to say how many Foot Locker stores would …
Slow Tempo Promos: ‘Prime’ Lessons for Holiday Shopping 2025
More days for consumers to save on purchases means more sales to gain for retailers. As large retailers ramp up their sales events, including for 2025 holiday shopping trends, they’re increasingly discovering that extending promotional windows can unlock incremental sales growth. Most recently, Amazon.com’s four-day …
Kroger to Close 3 Automated Delivery Fulfillment Sites, Losing $2.6B
Kroger said Tuesday it is closing three automated fulfillment centers in an attempt to improve its e-commerce profitability, according to a company press release. The grocery chain will incur a $2.6 billion charge related to the closures of the sites in Wisconsin, Maryland, and Florida …
In-Store Experience Will Separate the Winners and Losers This Holiday Season
This holiday shopping season is shaping up to be the most unpredictable in years. The macro-economic data has been sending mixed signals for months, with weak jobs reports alongside decent growth and retail sales that keep on keeping on. Throw in a sales funnel that …
Foot Locker Backs Out of HQ Move to Florida
Foot Locker’s future headquarters in St. Petersburg, Florida is no more, reports Footwear News (FN). In a memo from St. Petersburg city development administrator James Corbett, which was seen by FN, the retailer has “reevaluated” its corporate strategy following its $2.4 billion acquisition by Dick’s …
How to Thrive in Turbulent Times: The Retail Small-Business Playbook for Managing Tariff Shocks
In today’s economic environment, the only certainty is uncertainty. That’s doubly true for small businesses, which are often the first to feel the impact of economic shifts. Tariffs are a prime example. They can be introduced quickly, change frequently, and create ripple effects across supply …
From Website to AI Storefront
How Retailers Are Preparing for Agentic Commerce and the Future of Online Shopping …
Target to Cut Prices on 3,000 Grocery and Essential Items
Target announced on Tuesday that it will cut prices on 3,000 food, beverage and household essentials, joining retailers across the nation lowering prices on milk, eggs and butter ahead of the holiday season. The moves come as millions of Americans await November federal Supplemental Nutrition …
Retailers Should Embrace the Growing Consumer Demand for Crypto
Over the past decade, cryptocurrency has evolved from a niche investment to a mainstream financial tool. While many retailers once viewed crypto as experimental or speculative, consumer demand has shifted and shoppers increasingly are expecting the option to use digital assets for their everyday shopping. …
Measuring the Halo Effect: Why Your Marketing Might Be Working Better Than You Think
An omnichannel beauty brand sees weak return on ad spend on its Meta ASC campaigns and decides to cut budget. The numbers just aren’t holding up, in-platform or on the backend of its direct-to-consumer site. Two weeks later, the brand notices that DTC revenue has …