Fri.Jan 26, 2024

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Most shoplifting is not organized retail crime: report

Retail Dive

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.

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Stitch Fix Teams up with Spotify to Give Shoppers a ‘Style Tune Up’

Retail TouchPoints

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.

Marketing 278
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T-Mobile’s ‘Hulu On Us’ Brings Trouble for Users

Retail Wire

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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Why Backend Orchestration is the True Payment Experience Unlock

Retail TouchPoints

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.

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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Microsoft Teams Hit by Outage, Impacting Users Across Americas

Retail Wire

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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Babies ‘R’ Us Heads to Mexico

Retail TouchPoints

WHP Global , parent company of Babies ‘R’ Us and Toys ‘R’ Us , has expanded its partnership with omnichannel retailer El Puerto de Liverpool to bring Babies ‘R’ Us to Mexico. The expansion will include the opening of dedicated Babies ‘R’ Us stores, the first of which is slated to open in the second half of 2024. This first store opening will then be followed by additional brick-and-mortar locations as well as the launch of an ecommerce site.

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Levi’s to Cut 10% to 15% of Corporate Workforce in First Phase of New Productivity Initiative

Retail TouchPoints

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.

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Elon Musk’s xAI Looks To Raise $6 Billion Investment  

Retail Wire

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.

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Target Goes on Health Kick with Addition of More Than 1,000 New Wellness Products

Retail TouchPoints

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

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Job Cuts Announced at Salesforce

Retail Wire

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.

ATS 147
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Kroger Sets Biodiversity and Pollinator Protection Goals for Produce Supply Chain

Retail TouchPoints

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

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Tech Companies Under FTC Spotlight for AI Startup Investments

Retail Wire

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.

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Asda faces another store strike over slashed hours and bullying claims

Retail Gazette

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.

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Tesla Recalls Almost 200,000 Vehicles Due to Rearview Camera Problem

Retail Wire

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.

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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

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Aldi launches ‘Buy British’ section online

Retail Gazette

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.

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Anheuser Busch Beers To Star in Super Bowl Ads

Retail Wire

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.

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The Fragrance Shop enjoys record Christmas as sales soar

Retail Gazette

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.

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Woman Dies From Eating Mislabeled Cookies Containing Nuts

Retail Wire

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.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

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.

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Levi’s to lay off as much as 15% of its workforce

Retail Dive

Incoming CEO Michelle Gass will oversee the ongoing pivot to DTC as the denim brand continues to struggle with its growth plans.

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T-Mobile Reveals Quarterly Results and Discusses SpaceX Partnership

Retail Wire

T-Mobile reports an average quarter yet remains optimistic about its future growth and its partnership with SpaceX.

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Wickes profits to hit top end of expectations

Retail Gazette

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

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Paramount CEO Warns Layoffs Are Coming as Company Adjusts to ‘Current Realities’

Retail Wire

An internal memo from CEO Bob Bakish is looking to a cost-cutting future.

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s

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Berta Management Secures $18.5 Million Financing for Delray Corner Shopping Center in South Florida

Shopping Center

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.

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The Impact of AI Technologies on Retail: Examining Benefits and Transformations in Shopping

V Count

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

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Tuft & Needle founder launches Boring Mattress Co

Retail Dive

Daehee Park, alongside Tuft & Needle’s ex-Head of Product Tyler Marino and Corben Leo, wants to “cut the crap” out of mattress shopping.

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Dollar General’s Paul Bucalo Joins Analytics Unite Roster to Talk Optimizing Infrastructures

RIS News

Dollar General has entered the analytics conversation set to take place during our esteemed Analytics Unite event from May 1-3 in Chicago.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

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REI to lay off 357, including 200 at corporate headquarters

Retail Dive

This week’s move is the company’s third round of layoffs in less than 12 months.

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A Critical Examination of Globalization

LS Retail

©iStock/Darren415 In a recent Bloomberg Markets article titled “Everything You Thought About Free Trade Is Wrong,” Professor of International History, Quinn Slobodian was featured for his critical examination of globalization. The article explores Slobodian’s latest book, “ Crack-Up Capitalism: Market Radicals and the Dream of a World Without Democracy ,” challenging the prevailing narrative of free trade’s success.

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Babies R Us to expand into Mexico

Retail Dive

Its first store in the region is set to open in the second half of the year, followed by a flagship e-commerce platform and additional stores.

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Creating retail omnichannel experiences for Gen Alpha

Retail Customer Experience

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.

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How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.