Two interesting news items about DTC related brands are important to take note of. Last week, Fourpost, a retail concept aiming to give a home to DTC brands, announced it would be closing shop.
In the world of offline retail, there is simply no matching the juggernaut that is Walmart. And looking at the in-store performance of Walmart Supercenters from November 2019 through January 2020 was, yet again, impressive. All the more so considering the shorter holiday season.
Between the build-up to Christmas and the annual supermarket holiday that is Turkey Wednesday, grocers and general merchandise retailers have much to be excited about when Q4 rolls around.
Nothing ignites the competitive retail spirits like some good, old-fashioned industry insults. In a recent interview, Lululemon founder Chip Wilson said that Under Armour “lost it many years ago” attributing much of the company’s decline to the focus on wholesale. Instead, he opined that the future of the U.S. athleisure space belonged to Lululemon, Nike and Adidas.
Even on the back of an incredibly strong Q3 for Popeyes and Burger King, parent company Restaurant Brands International suffered due to the struggles of Tim Horton’s. With Q4 earnings on the horizon, we dove into the performance of all three brands to see whether RBI can see strong results across its portfolio.
The store closure storm is brewing, and Macy’s is at the forefront with its recent announcement of nearly thirty additional store closures in the coming months. But, as we’ve seen in the past, there’s much more than meets the eye when it comes to closures. So, we dove into some of the closing locations so see what’s driving Macy’s strategy.
Towards the end of 2019, Yum! Brands announced a few strategic hires in order to improve its cross-brand strategy and enhance the overall customer experience through new technological advancements. So, As Yum! gears up for a fresh start in 2020, we dove into some of its top brands’ performances to see how well the company is positioned for a successful new year.
There may never be a more important tweet for the QSR industry than the one that set off the Chicken Wars in the summer of 2019.
With plans to open over 600 stores in the coming years, Tropical Smoothie Cafe is looking to embark on a major expansion a year after a record-setting year in terms of locations opened and franchise agreements signed.
Pier 1 is set to shutter nearly half of its offline footprint in 2020. While this isn’t great news for the brand, it could be good news for surrounding stores that have the potential to gain significant foot traffic from these closures.