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.
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.
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.
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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.
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.
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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.
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.
Retail TouchPoints
JANUARY 26, 2024
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.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
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.
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.
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
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.
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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
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.
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.
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.
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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.
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.
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.
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.
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.
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.
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.
Retail Wire
JANUARY 26, 2024
T-Mobile reports an average quarter yet remains optimistic about its future growth and its partnership with SpaceX.
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
Retail Wire
JANUARY 26, 2024
An internal memo from CEO Bob Bakish is looking to a cost-cutting future.
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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.
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
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.
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.
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
Retail Dive
JANUARY 26, 2024
This week’s move is the company’s third round of layoffs in less than 12 months.
LS Retail
JANUARY 26, 2024
©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.
Retail Dive
JANUARY 26, 2024
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.
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.
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