Whataburger, Wawa among the top 10 retailers, brands to watch in 2023
A diverse lineup of retailers (and two restaurant chains) have one thing in common: They are all poised to be winners in 2023. That’s according to a new white paper from foot traffic analytics firm Placer.ai,10 Top Retail Brands to Watch in 2023.
Here is the full list:
Whataburger
Wawa
Bob’s Discount Furniture
Dave & Buster’s
Hibbett Sports
Five Below
Boot Barn
Grocery Outlet Bargain Market
Altar’d State
Total Wine and More
Franchise Times names 40 smartest-growing franchises
Check out strategies from all 40 franchises in this exclusive research project that identifies sustainably growing brands.
Cineworld told to accelerate the pace of theatre closures by US judge
Judge Marvin Isgur: “We are not going to stick around forever. The debtors need to be aggressive. I am not sitting here for a year, or for six months, to figure out what shops are closing. That is a process that is going to happen now,” Cineworld has closed 23 theaters since filing and reached new lease agreements with 25% of landlords.
Bloomingdale’s expanding Bloomie’s store concept
Bloomingdale’s debuted the Bloomie’s concept in 2021, with a 22,000-sq.-ft. store
Amazon layoffs will top 18K, many in retail
In all, including layoffs confirmed in November, Amazon will “eliminate just over 18,000 roles,” primarily in its Amazon Stores, and People, Experience and Technology divisions
Bed Bath & Beyond warns of potential bankruptcy
The company anticipates a net loss of about $385.8 million for the third quarter, a nearly 40% jump in losses year over year.
