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Foot Locker to Boost Digital Investments 50% as it Aims for 25% Online Sales by 2026

Retail TouchPoints

These updates will be particularly focused on mobile, which has become a major channel for the retailer. “In Our digital transformation will create a more agile modern platform,” said Elliott Rodgers, Chief Operations Officer at Foot Locker on a call with investors. The improvements will not be limited to technology.

Mobile 278
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Express to Expand Retail Presence in Indonesia, Paraguay and Central America

Retail TouchPoints

WHP also will build up the brand’s presence in Mexico with IB Group and grow its brick-and-mortar footprint in Central America via its partnership with Fastco , including four new Express stores in key locations through 2026. The company also plans for shop-in-shop experiences in Mexico and Indonesia.

Toys 264
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DSW Plans to Double Sales of Private Label Brands Over Next 5 Years

Retail TouchPoints

The company — which operates 650 locations under the DSW Designer Shoe Warehouse and The Shoe Company banners —announced plans to nearly double sales of its owned brands, from 19% of the business to one-third by fiscal 2026 (the fiscal year ending January 30, 2027).

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Dick’s Makes Olympic Play with Team USA Partnership, Plans to go for Gold at 2028 Games

Retail TouchPoints

Dick’s won’t miss out on this year’s iteration though — the retailer will serve as an Official Supporter of Team USA for both Paris 2024 and Milano Cortina 2026. As an Official Supporter, DICK’S will bring customers closer to the Olympic and Paralympic Games with in-store activations across the U.S.,

Games 276
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The Untapped Potential of Audio in Retail Media Networks

Retail TouchPoints

According to McKinsey , the growth of RMNs could represent as much as $100 billion in ad spending by 2026. This way buyers can choose what media channels perform best. Retail Media Networks that offer managed service advertising solutions are likely to take a more active approach to channel selection.

Retail 290
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Lululemon Plans 30+ New International Stores with Majority in Fast-Growing China Market

Retail TouchPoints

The company’s worldwide expansion is part of the “Power of Three x2” growth plan, which has goals including tripling international revenue from 2021 levels by the end of 2026. It’s also great to see ongoing strength in traffic across both channels,” said Meghan Frank, CFO of Lululemon on a call with investors. “In

Marketing 278
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Consumers Place More Value on Product Information Delivered on Retailers’ Owned Channels, Compared to 3rd Party Marketplaces and Social Media

365 Retail

When making online buying decisions, UK shoppers now place more value on product information delivered on retailers’ owned channels, compared to third-party channels, such as marketplaces or social media, the latest research from Intellias , the software engineering and digital consultancy company, reveals.