Most shoplifting is not organized retail crime: report
Retail Dive
JANUARY 26, 2024
As store traffic picked up since the pandemic, so has shoplifting, though there were fewer reports last year than in 2019, per the Council on Criminal Justice.
Fri.Jan 26, 2024
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T-Mobile’s ‘Hulu On Us’ Brings Trouble for Users
Retail Wire
JANUARY 26, 2024
T-Mobile's latest perk, Hulu On Us, was launched just yesterday, but the joy was short-lived for some users who ran into trouble trying to claim their free Hulu subscription.
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Stitch Fix Teams up with Spotify to Give Shoppers a ‘Style Tune Up’
Retail TouchPoints
JANUARY 26, 2024
Stitch Fix has partnered with streaming music service Spotify to create an interactive experience that combine’s Spotify’s “sonic sensibilities” and Stitch Fix’s styling expertise to give shoppers a “Style Tune Up.” Shoppers can get personalized outfit recommendations based on the trends from Stitch Fix’s 2024 Style Forecast along with curated #OOTD (outfit of the day) playlist on Spotify to amp up their getting-ready routine.
Microsoft Teams Hit by Outage, Impacting Thousands of Users
Retail Wire
JANUARY 26, 2024
Microsoft recently experienced a hiccup with its Teams platform, causing users across North and South America to encounter significant issues.
5 Ways You Can Win Faster with Gen AI in Sales
Advertiser: ZoomInfo
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
Why Backend Orchestration is the True Payment Experience Unlock
Retail TouchPoints
JANUARY 26, 2024
The seamless nature of digital commerce has inspired consumers to expect more from the payment experience everywhere they shop — online, in-store and even via social channels. But although brands have invested heavily in functions like product discovery, merchandising and on-site personalization, consumers largely face the same old headaches when they’re finally ready to make a purchase.
Microsoft Teams Hit by Outage, Impacting Users Across Americas
Retail Wire
JANUARY 26, 2024
Microsoft recently experienced a hiccup with their Teams platform, causing users across North and South America to encounter significant issues. The problem didn't instantly resolve, even after a failover operation was initiated.
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Elon Musk’s xAI Looks To Raise $6 Billion Investment
Retail Wire
JANUARY 26, 2024
Elon Musk's artificial intelligence startup xAI, which set out to create AI tools that "assist humanity in its quest for understanding and knowledge," is currently in discussions to gain investments of up to $6 billion at a proposed value of $20 billion.
Levi’s to Cut 10% to 15% of Corporate Workforce in First Phase of New Productivity Initiative
Retail TouchPoints
JANUARY 26, 2024
As Michelle Gass readies to formally take the reins on Jan. 29 , Levi Strauss & Co. has announced a “multi-year global productivity initiative,” dubbed Project FUEL, that is designed to accelerate the company’s long-term profitable growth. The first phase of what is expected to be a two-year optimization effort will see a 10% to 15% reduction of Levi’s global corporate workforce that will take place in the first half of 2024.
T-Mobile Reveals Quarterly Results and Discusses SpaceX Partnership
Retail Wire
JANUARY 26, 2024
T-Mobile reports an average quarter yet remains optimistic about its future growth and its partnership with SpaceX.
Target Goes on Health Kick with Addition of More Than 1,000 New Wellness Products
Retail TouchPoints
JANUARY 26, 2024
Target is introducing more than 1,000 new wellness-related products starting at just $1.99 in a bid to “support guests on their wellness journey without stretching their budgets.” New products range from apparel and accessories to dietary supplements, vitamins and wellness-focused tech. Among the 1,000 new products, hundreds will be exclusive to Target. “Wellness has been redefined to encompass a more holistic way of living — and it’s also different for every person,” said Ri
The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility
Speaker: Becky Parisotto and John Vurdelja
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
Job Cuts Announced at Salesforce
Retail Wire
JANUARY 26, 2024
Salesforce, the 70,000 employee company known for cloud-based customer relationship management (CRM) software, is slimming down its workforce. The tech company plans to lay off about 700 employees, or roughly 1% of its current workforce. This step seems to be in line with its cost-saving measures, which have been a focal point for the company, especially in the last year.
Kroger Sets Biodiversity and Pollinator Protection Goals for Produce Supply Chain
Retail TouchPoints
JANUARY 26, 2024
Kroger will require its fresh produce suppliers to use Integrated Pest Management (IPM) practices for all products they sell to the supermarket giant by 2028 or 2030, depending on the grower’s size. Medium- to large-sized growers will be expected to meet the goal by the end of 2028, while small growers will have until 2030 to comply. Encouraging growers to use less pesticides to help protect pollinator health is part of Kroger’s “Thriving Together” ESG strategy , which includes seafood sustainab
Woman Dies From Eating Mislabeled Cookies Containing Nuts
Retail Wire
JANUARY 26, 2024
A 25-year-old woman died after eating a mislabeled clamshell pack of cookies that had peanuts in it from the retailer Stew Leonard's.
Asda faces another store strike over slashed hours and bullying claims
Retail Gazette
JANUARY 26, 2024
Asda workers at its Wisbech store are due to vote in a ballot as the GMB claims employees have faced a cut in hours and “management bullying” Concerns about poor training and support, a years-long equal pay claim, and health and fire safety issues being ignored will be addressed in the vote, which is expected to include more than 150 GMB union members from Asda Wisbech in Cambridgeshire.
10 Ways to Leverage Buyer Signals and Drive Revenue
Advertiser: ZoomInfo
In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.
Paramount CEO Warns Layoffs Are Coming as Company Adjusts to ‘Current Realities’
Retail Wire
JANUARY 26, 2024
An internal memo from CEO Bob Bakish is looking to a cost-cutting future.
Levi’s to lay off as much as 15% of its workforce
Retail Dive
JANUARY 26, 2024
Incoming CEO Michelle Gass will oversee the ongoing pivot to DTC as the denim brand continues to struggle with its growth plans.
Tech Companies Under FTC Spotlight for AI Startup Investments
Retail Wire
JANUARY 26, 2024
The Federal Trade Commission (FTC) is looking into the high-value investments made by tech companies Microsoft, Amazon, and Google in artificial intelligence (AI) startups OpenAI and Anthropic.
REI to lay off 357, including 200 at corporate headquarters
Retail Dive
JANUARY 26, 2024
This week’s move is the company’s third round of layoffs in less than 12 months.
Modernizing the Frontend Experience on Salesforce Commerce Cloud
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Unlock agility, boost performance, and gain control over your Salesforce frontend with the latest masterclass from Composable.com : Modernizing the Frontend Experience on Salesforce Commerce Cloud Featuring experts from Algolia, Ember, Netlify, and Stripe, this masterclass focuses on practical strategies for optimizing your Salesforce Commerce Cloud storefronts using modern composable commerce integrations.
Tesla Recalls Almost 200,000 Vehicles Due to Rearview Camera Problem
Retail Wire
JANUARY 26, 2024
Almost 200,000 Tesla vehicles in the U.S. have been recalled due to a software defect that can prevent the rearview camera image from displaying and, in turn, increase the risk of a crash.
E-commerce lessons for 2024 customer loyalty
Retail Customer Experience
JANUARY 26, 2024
The key to securing long-term business success in the e-commerce domain lies in forging lasting relationships.
Anheuser Busch Beers To Star in Super Bowl Ads
Retail Wire
JANUARY 26, 2024
Anheuser Busch has uncorked its new campaign strategy. On Thursday, the brewing company revealed its plans to feature three of its popular beer brands — Bud Light, Budweiser, and Michelob Ultra — during the Super Bowl broadcast.
Creating retail omnichannel experiences for Gen Alpha
Retail Customer Experience
JANUARY 26, 2024
Gen Z was the digital native consumer. Gen Alphas are digital ninjas that are early to adopt and leverage the latest tech and that means a big pivot for retailers.
Signal-Based Selling: How to Leverage 4 Key Buying Signals
Advertiser: ZoomInfo
As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.
Aldi launches ‘Buy British’ section online
Retail Gazette
JANUARY 26, 2024
Aldi has launched a new ‘Best of British’ section on its website to encourage shoppers to buy more groceries made in the UK. The dedicated webpage includes a wide selection of groceries such as meat, dairy and everyday essentials. It follows in the footsteps of Morrisons, which became the first UK retailer to offer a dedicated “Buy British” section last year.
Berta Management Secures $18.5 Million Financing for Delray Corner Shopping Center in South Florida
Shopping Center
JANUARY 26, 2024
Delray Beach, Fla. — Berta Management has secured an $18.5 million loan for the refinancing of Delray Corner, an 86,043-square-foot shopping center located in Delray Beach. Justin Neelis of Concord Summit… The post Berta Management Secures $18.5 Million Financing for Delray Corner Shopping Center in South Florida appeared first on Shopping Center Business.
The Fragrance Shop enjoys record Christmas as sales soar
Retail Gazette
JANUARY 26, 2024
The Fragrance Shop had a record-breaking Christmas as sales soared. Revenue jumped 6.5% during the quarter to 31 December, which the perfume retailer attributed to the success of its new fragrance launches as well as “key range extensions, a compelling gift set collection, and a strong showing of seasonal favourites” It added that its subscription programme, MyTFS, saw “a remarkable increase in memberships sold” with almost 1m members at the end of December.
The Impact of AI Technologies on Retail: Examining Benefits and Transformations in Shopping
V Count
JANUARY 26, 2024
AI technologies have become a part of our daily life in the last two years. First, visual producing AI solutions like Dall-E, Stable Diffusion, and Midjourney gained popularity among masses, then language-based AI solutions like ChatGPT entered our lives. Despite the fact that these innovations might seem quite new for everyday use, the reality is that corporations and businesses have been harnessing the power of AI for quite some time now, integrating these technologies into their operations in
Website Security Essentials: Protect Your Site and Strengthen Cybersecurity
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In a digital-first world, website security is non-negotiable. This comprehensive guide explores the critical importance of securing your site against hackers and vulnerabilities like SQL injection, XSS, and malware. Discover tools like SiteLock for threat monitoring and CodeGuard for seamless backups, ensuring robust protection for your data and operations.
Wickes profits to hit top end of expectations
Retail Gazette
JANUARY 26, 2024
Wickes said it expects full-year profits to come in at the top end of its guidance thanks to a “robust” sales performance against a challenging market backdrop. The home improvement retailer reported like-for-like sales slipped 0.3% in the 52 weeks to 30 December due to “a more subdued consumer environment for larger projects” Comparative sales for its core business – which covers trade and retail customers – edged up 0.1% for the year, with “positive vo
Dollar General’s Paul Bucalo Joins Analytics Unite Roster to Talk Optimizing Infrastructures
RIS News
JANUARY 26, 2024
Dollar General has entered the analytics conversation set to take place during our esteemed Analytics Unite event from May 1-3 in Chicago.
Tuft & Needle founder launches Boring Mattress Co
Retail Dive
JANUARY 26, 2024
Daehee Park, alongside Tuft & Needle’s ex-Head of Product Tyler Marino and Corben Leo, wants to “cut the crap” out of mattress shopping.
Improving Audience Understanding and Store Operations with EVERYANGLE and Meraki
Cisco Retail
JANUARY 26, 2024
Understanding how to best serve customers is a primary focus for retailers. However, gaining this understanding can be complex.
Activating Intent Data for Sales and Marketing
Advertiser: ZoomInfo
Sales and marketing leaders have reached a tipping point when it comes to using intent data — and they’re not looking back. More than half of all B2B marketers are already using intent data to increase sales, and Gartner predicts this figure will grow to 70 percent. The reason is clear: intent can provide you with massive amounts of data that reveal sales opportunities earlier than ever before.
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