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Category Archives: Retail Industry

Rite Aid is closing 95 more stores after selling assets to CVS and others: See the full list of locations across 6 states

May 19, 2025 Rite Aid is closing 95 more stores after selling assets to CVS and others: See the full list of locations across 6 states  BY Christopher Zara Rite Aid is moving quickly to close additional store locations after selling a substantial chunk of its pharmacy business to other companies last week. The drugstore chain, … Continue reading Rite Aid is closing 95 more stores after selling assets to CVS and others: See the full list of locations across 6 states

As retail evolves, so too do physical stores and retail tech

A new Salesforce report says it’s not just AI, it’s a new role for physical stores and changing shopping behaviors changing retail. Mike Pastore on March 24, 2025   The retail sector continues to evolve to become more digital, social and connected, a new report from Salesforce found. The sixth edition of Salesforce’s “Connected Shoppers” … Continue reading As retail evolves, so too do physical stores and retail tech

JCPenney stores closing 2025: See the full list of doomed locations

February 13, 2025 JCPenney stores closing 2025: See the full list of doomed locations The iconic department store chain described the handful of store closures as isolated, but the broader retail landscape is bracing for a tough year. BY Michael Grothaus It’s not been a good start to 2025 when it comes to major retailers shuttering … Continue reading JCPenney stores closing 2025: See the full list of doomed locations

Despite challenges, marketers say retail media is the channel of choice

A pair of studies found marketers are bullish on retail media, despite its growing pains and imperfections. Mike Pastore on February 5, 2025   Marketers are still facing challenges in retail media networks (RMNs), but more than 90% say it’s the single most important channel for their campaigns, a new report found. The report from … Continue reading Despite challenges, marketers say retail media is the channel of choice

Advance Auto Parts will close 700-plus stores as the list of struggling retailers grows

November 14, 2024 Advance Auto Parts will close 700-plus stores as the list of struggling retailers grows The auto-parts provider is the latest U.S. chain to downsize as consumers spend less due to rising prices. BY Jennifer Mattson Advance Auto Parts, a leading automotive aftermarket-parts provider in North America that serves both professional installers and do-it-yourself … Continue reading Advance Auto Parts will close 700-plus stores as the list of struggling retailers grows

Wealthier Americans are driving retail spending

October 19, 2024 Wealthier Americans are driving retail spending Lower-income consumers, by contrast, have been disproportionately squeezed by higher-priced rent, groceries, and other necessities, leaving them less able to spend on discretionary items. BY Associated Press It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail … Continue reading Wealthier Americans are driving retail spending

7-Eleven will close more than 400 stores as the list of struggling retailers grows

October 11, 2024 7-Eleven will close more than 400 stores as the list of struggling retailers grows The move comes as the convenience store’s parent company tries to stave off a takeover bid from the owner of competing chain Circle K. BY Jennifer Mattson 7-Eleven is closing 444 of its “underperforming” convenience-store locations across North America, … Continue reading 7-Eleven will close more than 400 stores as the list of struggling retailers grows

Inside Home Depot’s And Walmart’s Retail Media Buying

Inside Home Depot’s And Walmart’s Retail Media Buying by Laurie Sullivan , Staff Writer @lauriesullivan, October 8, 2024 A shakeup in retail media networks is underway as Home Depot and Walmart separately strengthen their respective positions to support brands and the millions of dollars being invested in ad media buys. Vantage, founded in 2013, began powering … Continue reading Inside Home Depot’s And Walmart’s Retail Media Buying

Grocery stores that donate expiring food make higher profits

September 28, 2024 Grocery stores that donate expiring food make higher profits Researchers found that food donations correspond to a 33% increase in profit margin. BY The Conversation All major supermarkets and retailers that sell groceries, such as Kroger, Walmart, and Costco, give large amounts of food to food banks and pantries. In 2022, retailers donated close … Continue reading Grocery stores that donate expiring food make higher profits