Retail TouchPoints

DECEMBER 23, 2024

Closeout retailer Big Lots has initiated going of out business sales at its remaining stores following the news that a planned sale to Nexus Capital Management has fallen through. The troubled retailer is still pursuing an alternative going concern transaction with Nexus or another party, with the goal of completing a sale by early next month. Big Lots currently operates 960 stores, according to its website , and will continue to serve customers both in-store and online.

Planning 228

Planning Management Location Store Operations 228

Retail Wire

DECEMBER 24, 2024

Wendy's is closing several locations before the year is over.

Location 242

Location 242

Inside Retail

DECEMBER 19, 2024

Aesop CEO Michael O’Keeffe is exiting the company, where he worked for the past 22 years, the Australian Financial Review has reported. “I need a break and sabbatical and need to move on to the next project,” O’Keeffe told AFR Weekend. “At any company, there is a time that a CEO should be there.” O’Keeffe’s departure comes after Aesop hit $1 billion in sales this year, which he says the company could easily double.

Fashion 222

Fashion Marketing ATS 222

Retail Focus

DECEMBER 24, 2024

After a jump in shopper counts over Panic Weekend (21 and 22 Dec 2024), Boxing Day (26 Dec 2024) store traffic is also expected to rise +2%, according to RetailNext , the leading analytics solution for bricks-and-mortar retailers. Original data from RetailNexts UK shopper traffic index, which captures billions of store visits globally each year, showed that footfall on Super Saturday (21 Dec 2024) jumped +2.2% year-on-year, prompted by retailers offering early Boxing Day discounts as well as the

Apparel 130

Apparel Fashion Shopping Consumer 130

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Customer Experience

A1 Retail

DECEMBER 20, 2024

Lakeside Shopping Centre has achieved a significant milestone in environmental excellence by winning an International Green Apple Environment Award, its fourth Green Apple Award in three years. This prestigious recognition identifies and celebrates the greenest companies. Selected from over 1,200 nominations worldwide,Lakeside Shopping Centrereceived this coveted accolade at a glittering awards ceremony held at Kensington Palace, London, on 18 November.

Shopping 100

Shopping ATS Promotions Management 100

Retail TouchPoints

DECEMBER 23, 2024

Members of the Nordstrom family along with Liverpool , a Mexican retailer that has recently been expanding relationships with U.S.-based companies, will take the storied luxury department store private in an all-cash deal valued at approximately $6.25 billion. The transaction, expected to close during the first half of 2025, will give the family members 50.1% ownership of the company and 49.9% to Liverpool.

Finance 256

Finance Department Stores Planning ATS 256

Inside Retail

DECEMBER 19, 2024

Snack food brand Little Bellies parent Every Bite Counts has won a copyright infringement claim against supermarket giant Aldi, a case that was described as unprecedented in Australia. Justice Moshinsky recently found that various Aldi packaging infringed artistic works of Little Bellies’ cornerstone range of children’s snack food products.

Supermarket 130

Supermarket 130

Retail Gazette

DECEMBER 20, 2024

The new boss of Nike has insisted the brand needs to restore its obsession with sport as part of its turnaround efforts. CEO Elliott Hill, who returned to the sporting giant in October, said the brand had become “too promotional,” and insisted that “being premium also meant full price,” The Times reported. Speaking to investors on Thursday (19 December), he explained the chain’s website had been offering a 50-50 split of full price and discount items.

Promotions 104

Promotions Returns Planning ATS 104

Tokinomo

DECEMBER 19, 2024

The holiday season is a time for joy, togetherness, and festive cheerand brands often seize the opportunity to create commercials that capture the spirit of Christmas. In 2024, FMCG brands and retailers have outdone themselves, delivering creative, heartwarming, and memorable campaigns that not only entertain but also reflect themes of tradition, kindness, and celebration.

Marketing 130

Marketing 130

Retail TouchPoints

DECEMBER 19, 2024

Im a lawyer, and Im also a doctor. Im in Gen Z, yet Im 45. I like dirt bikes and also the opera. This sounds like the setup to some riddle. In fact, its what appeared when I searched myself in an online registry of the audience segments data providers thought I was part of. For the record, I am none of these things, nor am I in many of the 400 other segments I was seemingly randomly assigned to.

Advertising 225

Advertising Marketing Consumer ATS 225

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Retail Wire

DECEMBER 24, 2024

Del Taco is coming to the Prairie State.

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182

Inside Retail

DECEMBER 19, 2024

With 30 years of executive leadership experience, including stints as CEO and president of Weight Watchers Inter n ational and the Home Shopping Network, Mindy Grossman has been through her fair share of business transformations. Here, she shares her thoughts on what it takes to succeed in todays retail environment and how she got her start in the industry.

Merchant Services 130

Merchant Services Apparel Planning Consumer 130

Retail Dive

DECEMBER 23, 2024

About 14 months after emerging from Chapter 11, the retailer finds itself in bankruptcy court once again. This time, it’s liquidating.

105

105

A1 Retail

DECEMBER 20, 2024

New 17,000 sq ft showroom set to open in the Silverlink Retail Park on Boxing Day, bringing the brand to North Tyneside for the first time The new store carries Oak Furniturelands whole home product offering, designed to resonate with a wider customer base Oak Furnitureland is opening a new showroom in North Shields as part of plans to drive growth and expand its showroom portfolio across the UK.

Planning 99

Planning Location ATS 99

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Accounting

Retail TouchPoints

DECEMBER 23, 2024

Party City Holdco Inc. (PCHI) has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court in the Southern District of Texas and has begun to wind down retail and wholesale operations, including holding going out of business sales prior to closing its approximately 700 stores across the country. The retailer was attempting a financial restructuring as it was emerging from its previous bankruptcy in October 2023.

Wholesale 230

Wholesale ATS Consumer Store Operations 230

Retail Wire

DECEMBER 25, 2024

The pork recall involves over 10,000 pounds of products.

Consumer 162

Consumer 162

Inside Retail

DECEMBER 19, 2024

US toy label KidKraft will launch a clearance auction this weekend as it shuts down its Australian warehouse operations. The auction, managed by Lloyds, will include premium toys and furniture worth more than $800,000, with each item starting at $1. It will take place online across the Gold Coast, Brisbane, Sydney, and Melbourne, with pickup available in the two days before Christmas or in early 2025.

Retailing Pricing 130

Retailing Pricing Management ATS 130

Retail Dive

DECEMBER 23, 2024

The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the founding family a majority stake.

105

105

Advertiser: Experience Retail Today

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

Fashion

A1 Retail

DECEMBER 19, 2024

Four-in-ten (43 percent) shoppers will look to buy pre-loved goods as gifts this Christmas, according to new research by YouGov. A survey of 2,000 UK consumers for retail logistics companies Advanced Supply Chain (ASC) and ReBound Returns shows that 40 percent of Christmas shoppers are more likely to buy used, second hand gifts this Christmas than they were last year. 34 percent of people now think its much more socially acceptable to buy pre-loved presents for families and friends, with the sti

Returns 92

Returns Consumer Shopping Management 92

Retail TouchPoints

DECEMBER 19, 2024

Best Buy is giving a third-party marketplace another go. After shutting down its first attempt in 2016, the retailer is back eight years later with plans to launch a new online marketplace built on the Mirakl platform in summer 2025. I am excited to announce that our Sell on Best Buy Marketplace landing page is now live and accepting applications, so come and get your products in front of millions of customers and grow your business with us, said Frank Bedo, Chief Marketplace and Ecommerce Offic

Customer Experience 205

Customer Experience Planning ATS 205

Retail Wire

DECEMBER 24, 2024

The Costco egg recall is going to be affecting millions of customers.

147

147

Inside Retail

DECEMBER 19, 2024

Its been a huge year for change, with Australias industrial relations framework undergoing the most significant overhaul since the introduction of the Fair Work Act (Cth) 2009 15 years ago. The latest of these changes came into place on 26 August 2024, bringing sweeping reforms to casual employment laws. Did you know that the retail sector accounts for nearly 9.7 per cent of the Australian workforce?

Accounting 130

Accounting Management ATS 130

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

Customer Experience

Retail Gazette

DECEMBER 24, 2024

Asdas private equity owner has enjoyed a 44m payout despite the supermarket chains ongoing struggles. Newly filed accounts for TDR Capital, which also owns pet retailer Jollyes, show its partners shared a profit pot of 43.9m in the year to March, 10m more than the 33.6m from the year prior. The highest earning partner received 2.9m, The Telegraph reported.

Supermarket 98

Supermarket Accounting Returns Marketing 98

Retail Dive

DECEMBER 19, 2024

Creedon, the retailer’s chief operating officer, has been serving as interim chief since November and takes the helm as it navigates several major initiatives.

96

96

Retail TouchPoints

DECEMBER 24, 2024

For decades, household name brands have topped the consumer market. Theyve dominated shelf space at retailers around the world while owning consumer mindshare thanks to massive marketing budgets, established reputations and widespread recognition. Conversely, private labels were perceived solely as cost-effective solutions that helped stretch family budgets or worse, uncool and untrendy alternatives to the national brands they competed with on the shelf.

Consumer 178

Consumer Marketing Management Shopping 178

Retail Wire

DECEMBER 26, 2024

The pet food recall was voluntary.

130

130

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Customer Experience

Inside Retail

DECEMBER 19, 2024

It’s that time of the year again when Pinterest predicts the themes that will dominate shopping habits and consumer behaviour. While the app uses a lot of buzzwords to name and describe the emerging trends, its data collected from users gives retailers a unique insight into the minds of consumers. Retailers dont need to necessarily launch a new category or product range that aligns with the inevitable trends that will flood social media channels, they can use them to ground imagery and cop

Consumer 130

Consumer Marketing Fashion Shopping 130

Retail Gazette

DECEMBER 23, 2024

The Range is set to open the first three of its new-format stores following the acquisition of the Homebase brand and up to 70 stores last month. The DIY chains branches in Pollokshaws in Glasgow, Christchurch in Bournemouth, and Kings Heath in Birmingham will reopen their doors as The Range Superstores on 17 January. CDS, which owns The Range, Homebase , and Wilko, said the new-format locations combines the exceptional product variety The Range is known for with the home improvement expertise o

Location 95

Location Planning Management Consumer 95

Retail Dive

DECEMBER 23, 2024

Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a private company.

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89

Retail TouchPoints

DECEMBER 23, 2024

In its broadest and most straightforward definition, a digital twin is a virtual replica of a physical object, person or process that can be used to simulate its behavior to better understand how it works in real life, according to McKinsey. Digital twins are often linked to a data source; in some cases, that means the twin is updated to reflect the original version; in others, that means these virtual items unlock insights that can be applied within a specific function or an entire organization

Payment Services 164

Payment Services Fashion Accessories Kiosk 164

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