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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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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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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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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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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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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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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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%.

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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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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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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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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.

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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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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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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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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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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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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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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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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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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.

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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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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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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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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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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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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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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.

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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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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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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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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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Madison Reed taps Paige Bueckers, other UConn basketball players to star in latest campaign

Retail Dive

The beauty brand said it plans to use the athletes’ star power to support a new hair color product launch through brand ambassador partnerships.

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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.