Feb. 13, 2023
| Today’s news and insights for retail leaders
Value-conscious consumers, rising layoffs and new leadership at some of retail’s major players are just a few forces shaping the industry so far.
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The struggling home goods retailer will no longer support the unprofitable operations, and all 54 namesake and 11 BuyBuy Baby stores will close.
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Discount stores — driven by dollar stores — led retail openings, while apparel stores saw the most closures.
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When it comes to building your business, getting new customers is only part of the equation. How do you get them to keep coming back?
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The effort includes bringing in new Black-owned and inclusive brands, as well as more products that meet its Target Clean standards.
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Deep Dive
A jury ruled against Mason Rothschild and his drawings of fur-covered luxury bags. His attorneys say the new technology doesn’t cancel the First Amendment’s protection of artwork.
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In a changing retail landscape, marketplaces have become a popular addition to a company’s standard business model. Explore how retailers like Walmart are launching marketplaces initiatives this year in
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The brand is offering customers shopping credit when they turn in eligible women’s and kid’s items.
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In a partnership with SidelineSwap, which the retailer invested in last year, the two will host 200 resale events in the first half of 2023.
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The retailer will soon open a Go store in Frederickson, Washington, and has opened several others even as its Fresh grocery banner has paused its rollout.
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Loyalty is key, especially as high customer acquisition costs make the value of existing shoppers all the more evident. Learn how Target is pushing customer-driven innovations in this Trendline.
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