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Walmart Plans to Bring Automation to 65% of its Stores by 2026

Retail TouchPoints

Walmart plans to introduce automation at nearly two-thirds of its stores and aims to have approximately 55 % of its fulfillment center volume move through automated facilities by the end of fiscal 2026. We are a people-led, tech-powered omnichannel retailer. It all starts with our associates,” said McMillon. “We

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

Retail TouchPoints

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.

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Five Below Taps Forever 21 CEO to Lead Company

Retail TouchPoints

Under her leadership, Forever 21 launched omnichannel capabilities , social commerce and a metaverse partnership with Roblox. She led a brand refresh for the fast fashion retailer, focusing on younger consumers with a social-media-first approach to customer engagement. Prior to her tenure at Forever 21, Park was the CEO of Paper Source.

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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 to Open 16 Next-Gen ‘50K’ Stores, Expand House of Sport Format in 2024

Retail TouchPoints

The retailer also will begin construction on a new regional distribution center scheduled to open in 2026. In terms of capital, it will take about $11.5 million of net CapEx to open a House of Sport location, resulting in an expected year-one cash-on-cash return of approximately 35%. “We

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Ulta Lays Out Aggressive Store Expansion Plan to Reach Target of 1,800 Locations

Retail TouchPoints

Ulta Anticipates Growth to Pick Up in 2025, 2026 The retailer also has maintained its guidance for fiscal 2024, which ends Feb. In the long term, Ulta is targeting 4% to 6% net sales growth in 2026 and beyond. 3, 2025, with an anticipated $11 billion to $11.2 billion in net sales for the year.

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Target Expands Drive-Up Returns Service to All 2,000 Stores

Retail TouchPoints

The retailer expects to upgrade all of its nearly 2,000 locations by the end of the summer in a bid to improve omnichannel convenience for its customers. Target is rolling out its Drive Up Returns service nationwide following a successful pilot test.