Mon.Oct 28, 2024

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Crafting Engaging Consumer Promotions that Click with Gen Z

Retail TouchPoints

Gen Z is undoubtedly revolutionizing the consumer landscape. Growing up in a digital world, this generation has distinct preferences and expectations that brands need to understand in order to effectively engage them. As brands build out their chance-to-win promotions, attempting to draw in shoppers with sweepstakes and contests, it’s important to consider what will actually appeal to this extremely influential audience with an estimate of $360 billion in spending power (and growing).

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Cettire’s sales rise thanks to higher average order value, active customers

Inside Retail

Cettire , the listed online luxury fashion retailer, says higher average order value and an increase in active customers boosted first-quarter revenue. The company booked sales of $155 million in the three months ended September 30, up 22 per cent from the year-ago period. Gross revenue soared 18 per cent to $198.1 million. Cettire’s average order value rose 6 per cent to $777 while active customers soared 43 per cent to 698,066. “Over the course of the first quarter we addressed the

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Patagonia Deploys New Resale Tech that Integrates Pre-Owned and New Products

Retail TouchPoints

Patagonia has become the first brand to make use of T r ove ’s new Resale Plugin, which allows brands to seamlessly integrate pre-owned items alongside new products on their existing ecommerce platforms. The Resale Plugin tool is designed to be a low-barrier solution for brands of all sizes to easily integrate resale into their offering. Trove has powered Patagonia’s existing Worn Wear resale program for years, and now Patagonia will be the first partner to adopt the Resale Plugin, further integ

Shopping 270
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Volkswagen Layoffs and Plant Closures Are Imminent

Retail Wire

Volkswagen has confirmed workers will be let go and some European factories will close.

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5 Ways You Can Win Faster with Gen AI in Sales

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.

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‘Sneaky’ Kogan ticked off by Kiwi regulator

Inside Retail

Kogan Australia , the parent of online electronics retailer Dick Smith, has received a warning from the New Zealand Commerce Commission for potentially misleading customers about its online membership subscription. The regulator launched an investigation after consumers complained they were unknowingly given a 14-day free trial of the ‘First’ membership.

Consumer 246
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British Airways Cancels All Fights Between New York and London Airport Until 2025

Retail Wire

Passengers looking to leave London's Gatwick on British Airways may have to find alternate routes through early 2025.

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More Trending

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KFC Introduces New Cranberry Pepsi Flavor

Retail Wire

KFC is introducing a new flavor, this time as a beverage in cooperation with Pepsi.

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Rent the Runway Names Fab.com Founder as Chief Product Officer

Retail TouchPoints

Retail and resale veteran Bradford Shellhammer will join Rent the Runway as Chief Product Officer effective Oct. 29, 2024, according to a LinkedIn post by CEO Jennifer Hyman. Shellhammer was most recently Chief Product Officer at the Etsy-owned musical instrument marketplace Reverb , and prior to that he held jobs with increasing responsibility at Ebay for more than six years.

Planning 216
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McDonald’s Starts Selling Quarter Pounders Again Following E. Coli Outbreak. Here’s What Happened

Retail Wire

The McDonald's E. coli outbreak was linked to onions.

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Myer signs deal to acquire Premier Investments’ Apparel Brands

Inside Retail

Myer has signed an agreement to acquire Premier Investments’ Apparel Brands business in Australia and New Zealand, in exchange for shares. Myer will acquire the brands Just Jeans, Jay Jays, Portmans, Dotti, and Jacqui E for 890.5 million new, fully paid ordinary shares. Myer will also receive $82 million of cash from Premier. The deal is expected to deliver combination benefits of at least $30 million earnings per year on a run-rate basis over the short to medium term.

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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

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Air France Potentially Launching New Lounge in Newark International Airport

Retail Wire

Air France is expanding its presence.

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Beating expectations: Is Hermes immune to the global downturn?

Inside Retail

The prevailing economic headwinds that have affected various sectors of the global economy seem to have had minimal impact on the luxury bag maker Hermes. The company has posted a sales increase of 11.3 per cent for the quarter ended September, exceeding the expectations of investors and industry experts, who had anticipated lower growth given the challenging economic climate.

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Target Has Released a Stanley Cup x e.l.f. Collection, Available Now

Retail Wire

The Stanley Cup x e.l.f. collaboration is officially live.

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7-Eleven Plans 500 New ‘Food-Forward’ Stores by 2027

Retail TouchPoints

Seven & i Holdings , parent company of 7-Eleven , plans to open 500 new “food-forward” convenience stores between 2025 and 2027. The “New Standard” stores will be larger than traditional 7-Eleven stores and will include expanded fuel offerings as well as digital innovations to support more frictionless shopper journeys. The c-store giant’s road to the new store design began with its Evolution store format, which was launched in March 2019 with a store in Dallas.

Planning 228
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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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7-Eleven Reveals $5 Pizza Meal Deal

Retail Wire

Hungry but cash poor? 7-Eleven has your back with a $5 pizza deal.

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How Can Ecommerce Businesses Get an Edge in Gamification?

Retail Focus

Gamification has been around in the e-commerce industry for a while. After all, it’s one of the best ways to attract customers and boost engagement. The problem is, what happens when everyone’s doing the same thing? When it’s all point systems and freebies, how does an e-commerce business stand out? Gamification in e-commerce is evolving, and it’s crucial that you look for new trends to get an edge on the competition.

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Percentage of Americans Living Paycheck to Paycheck Is Increasing

Retail Wire

Bank of America Institute finds many households spend almost as much as they make.

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How Axel Arigato designs its stores to be like art galleries and raves

Inside Retail

Even aside from its unique name, which has an intriguing backstory, Axel Arigato is a unique player on the retail scene. As co-founders Albin Johansson and Max Svardh explained it, the name derives from their gratitude towards their minimalist, open-minded Swedish origins and the Japanese pursuit of perfection in the smallest details. Together, the name “Axel Arigato” is meant to symbolise a mythical figure that will live long after the founders are gone.

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Modernizing the Frontend Experience on Salesforce Commerce Cloud

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.

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Merry Hill pens book deal as Waterstones becomes 25th brand to invest in the destination in 2024

Retail Focus

Merry Hill is celebrating a landmark year for tenant commitments, with 25 deals completed in 2024, representing 110,000 sq ft of space at the top 10 UK retail and leisure destination. Renewals formed over half of these, underscoring Merry Hill’s performance, where leading brands succeed and want to stay long-term. The 15 brands that have renewed at Merry Hill this year span its diverse line-up, including British book retailer Waterstones, which covers two floors near the flourishing Leisure Quar

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Alibaba agrees to US$433.5 million shareholder lawsuit settlement

Inside Retail

China’s Alibaba said on Friday it had agreed to pay US$433.5 million to settle a US class-action lawsuit filed by investors alleging monopolistic practices by the e-commerce giant. Alibaba denied wrongdoing, saying it entered the settlement to avoid the cost and disruption of further litigation. The proposed settlement was filed in federal court in Manhattan and requires the approval of US District Judge George Daniels.

Marketing 173
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Helping intensify Alo Yoga’s London expansion

Retail Focus

The luxury activewear brand is a favourite among celebrities such as Taylor Swift and Kendall Jenner, and is set to make an even greater impact in London, with new stores opening on the Brompton Road and Covent Garden respectively. Founded in Los Angeles in 2007, Alo Yoga offers a stylish and comfortable selection of high-end activewear and loungewear, that is versatile and can be worn from studio to street, as well as offering a range of accessories and wellness products.

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How Form and Fold stayed grounded in its mission after disrupting a market

Inside Retail

It’s been seven years since Form and Fold, formerly known as The Fold, launched its industry-disrupting range of D-plus swimwear. In 2017, Stephanie Korn and Carly Warson identified a gap in the swimwear industry and filled it with a luxurious and sustainable brand. The business has undergone a year of consolidation, looking at its processes, supply chain, manufacturers and website to set it up for success and its next chapter of growth – but the brand’s founding mission and vision h

Marketing 130
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Signal-Based Selling: How to Leverage 4 Key Buying Signals

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.

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Gandys announces New London store inspired by travel and purpose-driven design

Retail Focus

British brand Gandys is proud to announce the opening of its new store at 66 Neal Street in the vibrant area of Covent Garden in London. This exciting new location will showcase the best of their collections, inspired by travel, designed for longevity and crafted to be cherished for a lifetime of adventures. From sturdy waxed cotton bags and backpacks to weatherproof jackets, layering pieces and leather accessories, each item is made to see the world.

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Tractor Supply To Acquire Online Pet Pharmacy Allivet

Retail Wire

Pet parents will be able to acquire low-cost medical needs through Tractor Supply's partnership with the online pharmacy.

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Why some retail has been resilient against Amazon

Retail Dive

Retail industry news, voices and jobs. Optimized for your mobile phone.

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Delta Air Lines Under Fire After Removing Passenger Wearing Pro-Veteran Health T-Shirt

Retail Wire

Delta Air Lines removed a passenger for seemingly no reason.

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Website Security Essentials: Protect Your Site and Strengthen Cybersecurity

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.

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Most consumers plan to shop online this holiday season

Retail Dive

While some people started shopping during October’s promotions most consumers plan to start next month, according to research by Bain & Compnay.

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Kmart’s Anko brand to open first Philippine store

Inside Retail

Kmart Australia’s general merchandise brand Anko is opening its first Philippine store in Glorietta 2 next month. “Driven by our ambition to make everyday living brighter, we provide products that customers will love and use every day at prices that are irresistibly low,” said Anko Philippines in an Instagram post. Anko Philippines will offer products across home, toys, beauty, nursery, pet products, fitness, arts and craft, and travel categories.

Marketing 130
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Von Maur’s Remarkable Makeover

Shopping Center

Von Maur embarks on a $100 million renovation plan to redefine its department stores for a new generation — and reinvest in the 152-year-old company’s signature customer service. Von Maur… The post Von Maur’s Remarkable Makeover appeared first on Shopping Center Business.

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Fatface slumps to loss post-Next acquisition

Retail Gazette

Fatface fell to a loss during its latest financial year, despite claiming it had “focused on profit over sales growth” The fashion brand saw pre-tax losses slump to £3.2m for the 35 weeks ended 27 January, from a £19.5m profit the year prior. The retailer noted it had seen exceptional costs of £7.9m for the period, which it said mostly related to its acquisition by Next last year.

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Activating Intent Data for Sales and Marketing

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.