Fri.Aug 09, 2024

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Uber is Using the Paris Olympics to Demonstrate its Prowess as a ‘Travel Partner’

Retail TouchPoints

If you thought Uber ’s move into food delivery back in 2016 was interesting, wait until you see what they’ve been up to during the Paris Olympics. We’ll give you a hint: it involves boat rides on the Seine and chauffeured tours of some of France’s most illustrious champagne houses. Uber Bubbles booking screen for riders who were in the vicinity. (Image courtesy Uber) None of this is technically “new” — Uber has been creating travel experiences for a little over two years now under its Go Anywher

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98% of California Fast-Food Restaurants Raised Prices With Minimum Wage Hike: Survey

Retail Wire

California fast-food restaurants continued to penalize consumers instead of CEOs taking pay cuts.

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What Retailers Need to Know About Using New York’s Retail Security Tax Credit

Retail TouchPoints

On April 20, 2024, the New York State legislature passed its annual budget measure for fiscal year 2025, which addresses multiple priorities and enacts key proposals from Governor Kathy Hochul. Of significance to New York business owners, workers and consumers, the measure includes a new Retail Security Tax Credit , which for tax years 2024 and 2025 will provide assistance to businesses for investing in necessary equipment to protect their employees and merchandise.

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Paramount Laying Off 2,000 Employees as It Attempts To Cut Costs

Retail Wire

As part of a plan to save $500 million, Paramount is reducing staff by 15%.

Planning 290
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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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VC Execs: AI Value is Going Beyond the ‘Generative’ Hype

Retail TouchPoints

“Generative AI” has been a key phrase in PR and media for the past 18 months. However, a panel of venture capital (VC) and tech investors revealed during the Retail Innovation Conference & Expo this past June that they’re taking a more long-term view of AI. They’re focusing less on mind-bending consumer-facing experiences , like those found while using platforms like ChatGPT or DALL-E , and more on tangible business uses cases that drive concrete results.

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Samsung Recalls Over 1 Million Electric Ranges After Fires Killed Pets

Retail Wire

Samsung is recalling its Slide-in Electric Ranges due to a fire hazard posed by the front-mounted knobs.

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More Trending

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White Castle Enters the Fast-Food Wars With Slashed Burger Prices

Retail Wire

White Castle is offering a discount on its cheese sliders.

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Amazon Taps TikTok to Drive More Ecommerce Sales

Retail TouchPoints

In an interesting turn of events, Amazon and TikTok are calling a truce and partnering to make it easier for consumers to buy products from the marketplace directly within the visual social platform. TikTok users will now see Amazon product recommendations directly within the “For You” feed. If they want to make a purchase, all they need to do is link their TikTok account to their Amazon account.

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Third Person Dies, More Hospitalized from Listeria Linked to Boars Head Meats

Retail Wire

In total, 43 people have been hospitalized due to the food contamination issue.

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Are you a retailer looking for a Global AV digital partner?

Retail Focus

What You Need to Know About Working with a Global AV Partner Being able to conquer the biggest, most complex audiovisual (AV) projects requires expertise that comes from dealing with diverse experiences. The type of diverse experiences that only happen when a partner works across numerous partners and geographies. Simply put, there are significant advantages to working with an organisation like Lead Consultancy that can seamlessly scale its abilities to meet a project’s demands.

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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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Stellantis Faces More Problems as Layoffs Become Imminent

Retail Wire

After facing a 48% drop in net profit for the first half 2024, Stellantis is planning to lay off up to 2,450 U.S. plant workers in Warren, Michigan, later this year.

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ARA predicts Australians will spend less on Father’s Day

Inside Retail

Retailers can expect a decrease in Father’s Day spending as the Australian Retailers Association (ARA) predicts that Australians will spend $30 million less on gifts this year, 3.5 per cent lower than last year’s figure of $850 million. ARA CEO Paul Zahra said that the dip in spending may be attributed to the ongoing cost-of-living crunch experienced by many households. “The spending dip is concerning given we have seen significant population growth across the past year, and it

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‘Cruisezilla’ Cruise Ships Have Doubled in Size Since 2000

Retail Wire

Ships are getting larger, and travelers are getting more demanding as the industry continues to meet customer demand.

Shipping 147
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Mike Ullman, former J.C. Penney CEO and ‘unsung hero’ of retail, dies

Retail Dive

Ullman was a graduate and benefactor of the University of Cincinnati and a low-key yet powerful retail executive throughout the decades.

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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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Eli Lilly’s Revenue Booms in Q2 2024 Thanks to Mounjaro and Zepbound

Retail Wire

Mounjaro and Zepbound brought in over $4 billion to drug giant Eli Lilly in the second quarter.

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Mountain Warehouse sales climb to new peak as it opens first Australian stores

Retail Gazette

Mountain Warehouse sales surged to a record high of £386m in its year to February 25, as the outdoor retailer goes on a store opening spree, including its first outposts in Australia. The outdoor clothing specialist bounced back into the black over the year, making a £26.2m pre-tax profit, compared with a £1.5m loss the prior year when it was hit by incremental Covid-19 costs.

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Amazon Continues Efforts To Compete With SHEIN and Temu

Retail Wire

To continue its efforts, Amazon is seeking new avenues in China to further its strategies and goals.

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Asda’s three priorities to revive sales and improve store experience

Retail Gazette

In the wake of Asda’s second quarter results, the supermarket has outlined three key areas it plans to focus on to improve performance over its second half. The group saw sales decline for the period ended 30 June with the supermarket setting out plans to deliver an “enhanced and more consistent in-store experience” for shoppers during its second half.

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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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Big Lots Brings ‘Bargain Thrills’ for National Bargain Hunting Week

Retail Wire

Big Lots has announced an upcoming special promotion that celebrates National Bargain Hunting Week.

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The Weekly Closeout: Amazon delivery speeds up in Canada and Gap Inc. changes its ticker

Retail Dive

Prime members in parts of Canada will have faster same-day delivery and the apparel company will trade on the NYSE under the new symbol GAP.

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Microsoft and Palantir Partner for US Defense and Intelligence

Retail Wire

Palantir Technologies and Microsoft have combined efforts to help enhance the U.S. Defense and Intelligence communities.

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Lexington Land Development Breaks Ground on $65 Million Mixed-Use Project Near Columbia, South Carolina

Shopping Center

Lexington, S.C. — Lexington Land Development Co. has broken ground on Platt Springs Crossing, a $65 million mixed-use project in the Columbia suburb of Lexington. Upon completion, the 57-acre project will… The post Lexington Land Development Breaks Ground on $65 Million Mixed-Use Project Near Columbia, South Carolina appeared first on Shopping Center Business.

Shopping 105
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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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Amazon MAP Monitoring and Enforcement: A Guide to Protecting Your Brand

Intelligence Node

In the fast-paced world of eCommerce, maintaining control over your brand’s pricing and reputation is crucial. One key strategy to achieve this is through Minimum Advertised Price (MAP) monitoring. With. The post Amazon MAP Monitoring and Enforcement: A Guide to Protecting Your Brand appeared first on Blog.

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Cisco Networking Academy honors International Day of the World’s Indigenous People

Cisco Retail

August 9 marks International Day of the World's Indigenous Peoples. Learn how the Cisco Networking Academy community elevates through education with these inspiring success stories.

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Wolverine revenue falls nearly 30%

Retail Dive

Despite declines at three of its largest brands, the Merrell parent company’s CEO said the results were better than expected.

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Ocado Retail & UK Refill Coalition launch first major online reusable packaging scheme

A1 Retail

Ocado Retail has become the first major supermarket to pilot a new reusable packaging scheme, specially designed for online, in an effort to reduce the use of single-use packaging from customers’ weekly shops. The trial, staged across two phases, will use a reusable vessel, developed specifically to deliver food cupboard staples and laundry products at scale, with no extra cost to the customer.

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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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Warby Parker notches highest e-commerce growth in 13 quarters

Retail Dive

With e-commerce revenue growth of 4.4% in Q2, the DTC eyewear brand is making progress against the goals it outlined at the start of the year.

ATS 93
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ITSU set to open first shopping centre site in the north at Trafford Centre

A1 Retail

itsu, the Asian-inspired health[ier] restaurant brand with over 80 locations across the UK, has announced it is set to open its first shopping centre site in the North at iconic retail and leisure destination, Trafford Centre. Set to open in Autumn 2024, the new Trafford Centre location will take over a 2,900 square foot location on Upper Regent Crescent.

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Funko delivers first sales growth, profit in almost 2 years

Retail Dive

Yves LePendeven, who was serving as acting CFO since March, was also named to take over the role permanently.

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American Golf tees off store expansion with new Go Outdoors partnership

Retail Gazette

American Golf has struck a partnership with the UK’s largest outdoor retailer Go Outdoors, which will see the golf specialist open a 3,000 sq ft concession in its Gloucester store. The partnership is the latest move in the UK’s leading golf retailer’s strategy to “offer the ultimate one stop destination for everything a golfer requires” The first in a series of expansion plans, the concession will open on August 19, with a second due to open in another Go Outdoors store by the

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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.