Tuesday, April 23, 2024
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IT’SUGAR to Open Soon on the Magnificent Mile

by Katie Lee

Chicago — IT’SUGAR, the largest specialty and experiential candy retailer in the United States with 100 stores nationwide, will open on April 7 in Chicago. The new 11,400-square-foot candy department store will open in the former Disney Store location on North Michigan Avenue, bringing a much-needed experience-based retail attraction to the famous Magnificent Mile. Chicago is the candy capital of the world with many confectionery companies based in the area. The store will showcase notable brands from Chicago, including Nerds, Tootsie Roll, Wrigley’s Gum and Charms Blow Pops, along with …

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Newsretailers

Target to Add More Than 100 Disney Shops to Stores Ahead of Holiday Season

by Katie Lee

Minneapolis — Target plans to expand to over 160 Disney shop-in-shop locations by the end of 2021. The Minneapolis-based retailer began opening Disney shops in select stores in 2019. The new stores will offer a collection of Disney items including toys and costumes ahead of the busy holiday shopping season. Target’s fiscal report for the second quarter of 2021 showed that toys have been a growing category for the company, according to CNBC. The news outlet also reports Target plans to join with FAO Schwarz to offer a 70-piece toy …

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Newsretailers

Disney to Close 60 Stores in North America, Shift Focus to E-Commerce

by Katie Lee

Burbank, Calif. — Once a shopping mall mainstay, The Walt Disney Co. plans to close at least 60 of its brick-and-mortar locations — or 30% — in the U.S. and Canada in a bid to shift its focus to e-commerce. These closures are being described as the “beginning” of the company’s downsizing efforts, according to The New York Times, with a significant number of overseas stores also expected to close in 2021. The specific stores to be closed were not disclosed. Changing consumer behavior was cited as a catalyst for the announced …

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Newsretailers

Disney and Target Team Up to Open Disney Store Shop-in-Shops

by Katie Lee

Minneapolis — The Walt Disney Company and Target Corporation have formed a creative retail collaboration to help bring the magic of Disney to the joy of shopping at Target. The collaboration encompasses experiential retail and merchandising — including the launch of 25 Disney stores within select Target stores nationwide on October 4, 2019, with 40 additional locations opening by October 2020. Additionally, a new Target store will open at Flamingo Crossings Town Center at the western entrance of the Walt Disney World Resort in 2021 to bring the convenience of …

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