June 19 (Reuters) – Upscale retailer Coach Inc warned of decrease sales subsequent yr and stated it would close about 70 shops in North America as it struggles against fast-growing rivals in its biggest market.

But food retailers usually are focusing increasingly more on segmentation – tailoring store offerings to buyers more than likely to shop there or that they wish to entice. This technique could appeal to extra male customers. Only one-quarter of American households fall into the previous definition of traditional,” Michael Sansolo, senior vp at the Food Marketing Institute, a trade group for meals retailers and wholesalers. The decline in identical-store sales, or gross sales at shops open at the very least a year, might be deeper because of lower on-line sales, the company mentioned in a presentation to traders. At times we turn out to be too comfortable with simply going to at least one store …