Mon.Jun 24, 2024

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Around 15,000 Car Dealerships Affected by the CDK Global Outage

Retail Wire

Since Wednesday, around 15,000 car dealerships across the U.S. have had to resort back to basics to run their businesses after a system outage at retail software provider CDK Global.

ATS 264
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Toys ‘R’ Us Celebrates its Renaissance with New AI-Generated Origin Film

Retail TouchPoints

Using Sora, a new text-to-video tool from OpenAI that has not yet been released to the public, Toys ‘R’ Us Studios and creative agency Native Foreign have created a short video telling the story of Toys ‘R’ Us founder Charles Lazarus and his idea that transformed toy stores, including the appearance of beloved mascot Geoffrey the Giraffe in a dream.

Marketing 289
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Historic San Francisco McDonald’s Closes After 30 Years

Retail Wire

The San Francisco McDonald's is just the latest casualty in the area.

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Target Teams with Shopify to Bring DTC Brands into Marketplace, Stores

Retail TouchPoints

Target has entered a new partnership with Shopify that will allow U.S.-based Shopify merchants to apply to sell through the Target Plus third-party marketplace , and in some cases in Target’s physical stores. Among the Shopify brands already selected to be included on Target Plus are T-shirt brand True Classic and baby brand Caden Lane. Sample of a brand page on the Target Plus marketplace.

Consumer 278
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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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Shopify Expands AI Capabilities To Attract More Businesses

Retail Wire

Shopify has announced an expansion of its AI-powered tools to a wider user base.

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Under Armour Settles Accounting Practices Suit for $434 Million

Retail TouchPoints

Under Armour will pay $434 million to members of a class action lawsuit who bought the company’s stock between Sept. 16, 2015 and Nov. 1, 2019. The lawsuit, filed in 2017, alleged that Founder and then-CEO Kevin Plank knowingly or recklessly misrepresented facts regarding consumer demand for Under Armour’s products as well as the company’s financial and operating results, according to the Wall Street Journal.

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M.M.LaFleur, Perigold Craft Design Partnership Centered on ‘Fashion at Home’

Retail TouchPoints

Image courtesy Perigold Natural-Born Elegance (Image courtesy Perigold) Off-Duty Luxe (Image courtesy Perigold) High-Contrast Confidence (Image courtesy Perigold) Luxury home retailer Perigold and women’s apparel brand M.M.LaFleur have entered a cross-category design partnership that will showcase “the art of fashion at home,” both online and in M.M.LaFleur’s stores.

Fashion 264
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Amazon’s Major Plastic Packaging Reduction in North America

Retail Wire

Amazon has announced its most significant initiative yet to reduce plastic packaging across its operations in North America, marking a substantial step toward sustainability in e-commerce.

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Central Group snaps up KaDeWe’s remaining assets. What’s next?

Inside Retail

Following the €1 billion acquisition of the KaDeWe property in Berlin’s most famous shopping street Tauentzienstraße, from Signa Prime Selection AG last April, Central Group has agreed to acquire the rest of the KaDeWe Group portfolio – Alsterhaus in Hamburg and Oberpollinger in Munich. The acquisition was foreseeable as the group had already co-invested in KaDeWe Group with Signa since 2015.

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Rally House Expands in Texas With First Houston Storefront

Retail Wire

Rally House, the national sports and merchandise retailer, has announced the opening of its first Houston location, Rally House Houston Outlets, marking a significant milestone in the company's expansion.

Location 264
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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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Bootstrapping a million dollar optical empire: Three blokes, Ebay and a vision

Inside Retail

Direct-to-consumer Smart Buy Glasses Group turned over an eight-figure top-line revenue last financial year and the business is expected to expand on this come July 1. With the global eyewear market revenue projected to reach US$174.06 billion by 2028, the business has a vast growth opportunity. Whilst discretionary spending is down across the board, the business continues to boom through offering affordable exceptional value products and services which has seen the optical sales and sunglasses

Marketing 262
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OpenAI and Anthropic Disregard Web Scraping Rules for Bots

Retail Wire

Leading AI startups OpenAI and Anthropic are disregarding regulations designed to prevent them from scraping web content without compensating publishers for training their models.

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Stores Represent a ‘Second Act’ for M.M.LaFleur’s Burgeoning Resale Program

Retail TouchPoints

M.M.LaFleur has garnered a loyal following for its elevated essentials and fashionable workwear. With best-sellers ranging from a $175 washable silk tank to a $365 buttoned dress, the brand’s items are lauded for their quality and long shelf life, which makes sustainability and longevity powerful marketing pillars that the brand consistently taps across channels.

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Collins Foods’ net income surges sixfold

Inside Retail

Collins Foods ‘ earnings surged over sixfold in the last fiscal year on the back of positive same-store sales across all business segments. The company’s statutory net profit soared 501.9 per cent to $76.7 million as revenue increased 10.4 per cent to $1.49 billion. Its KFC Australia same-store sales grew 3.8 per cent while its KFC Europe’s same-store sales rose 4.9 per cent.

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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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How Retail Businesses can Comply with Fair Workweek Laws

Retail TouchPoints

Fair Workweek laws, which aim to protect workers from unpredictable work schedules, are becoming more commonplace. Retailers need to understand how those laws affect them and their businesses. In essence, Fair Workweek laws aim to make business scheduling practices fairer and more predictable for employees. They require companies to give employees ample notice of work schedules, and they also provide penalties for last-minute schedule changes.

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Living Will Plans for Citigroup, Chase, Goldman Sachs, & BoA Inadequate: Regulators

Retail Wire

The four banks didn't have adequate living wills, according to regulators.

Planning 162
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Buy From A Black Woman marks fourth year of partnership with H&M

Inside Retail

Buy From A Black Woman. A powerful statement that is also the name of a non-profit organisation dedicated to the mission of empowering, educating, and inspiring Black women business owners and the people who support them. Recently, Buy From A Black Woman (BFABW) announced its fourth year of partnership with H&M Americas. In collaboration with the multi-chain retailer, BFABW has set up an annual multi-city pop-up shopping event, dubbed the “Inspire Tour”, featuring products from Black women-o

Marketing 147
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Wax London ramps up retail roll-out with new London store

Retail Focus

Men’s clothing retailer Wax London is opening a new store at Covent Garden, 45 Neil Street, Covent Garden, WC2H 9PR on 28 June 2024, which at 975 sq ft will be over double the size of both the brand’s Berwick St and Spitalfields stores and with “further deals in the pipeline for London and key UK cities” in 2025. The Neil Street opening marks Wax London’s third permanent UK store in London.

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Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions

Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.

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Australia’s world-first vape ban watered down

Inside Retail

Australia will water down a planned world first ban on vaping after opposition from the Greens Party led the government on Monday to agree to amend a bill that would have restricted vapes to those with a doctor’s prescription. The agreement between the ruling centre-left Labour party and the Greens will see legislation pass later this week that restricts the sale of vapes to pharmacies and removes them from retail shelves, where they have fuelled a boom in youth vaping.

Planning 147
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Historic Hollywood Disney-Themed Cafe To Close After 78 Years

Retail Wire

A historic Hollywood eatery based on one of Disney's most iconic movies is set to close after 78 years in business.

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The recovery prospects of the world’s second-largest economy: China

Inside Retail

Retailers in China face a daunting near-term future after a disappointing mid-year online shopping festival that has also clouded the recovery prospects of the world’s second-largest economy. E-commerce sales declined for the first time during the so-called 618 festival that ended last week, reports said, reflecting the pressures building up on retailers who are already locked in a gruelling price war.

Consumer 147
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McDonald’s Summer Meal Deals: What We Know

Retail Wire

Here's everything we know about the McDonald's summer meal deals.

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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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Zara Parent Joins Packaging Initiative Seeking to Protect Vital Forests

Retail TouchPoints

Inditex , parent company of brands including Zara and Massimo Dutti , has joined the Canopy Pack4Good initiative that seeks sustainable packaging alternatives to logging ancient and endangered forests. These include recycled pulp and paper, next-gen solutions and Forest Stewardship Council certification. The company’s move builds on its decade-long CanopyStyle commitment to eliminate the use of products from endangered forests in its textiles.

Shipping 147
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Cettire confirms launch in China, forecasts higher sales

Inside Retail

Cettire confirmed it has launched in China and expects higher sales revenue for the fiscal year. The company said it already started processing orders in China. “As the world’s largest luxury market, China is an important strategic opportunity for Cettire,” said Dean Mintz, founder and CEO of Cettire. “The launch of our direct platform represents the culmination of considerable preparation and development from our dedicated team and our partners.

Marketing 147
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Ritzy New York Restaurant To Close After Falling Victim to Cyberscam

Retail Wire

Gotham Restaurant is facing hard times since the cyberattack.

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Will massive fines for grocers who exploit suppliers work?

Inside Retail

Suppliers of food and other products have been complaining for years about their treatment at the hands of Woolworths, Coles and Australia’s other big supermarket chains, although rarely to the supermarkets themselves – perhaps, as suggested in a recent Four Corners program, because they feared retribution. The final report of the independent review of the food and grocery code of conduct released today by economist and former government minister Craig Emerson finds they’ve had reason for compla

Grocer 130
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Turn Your Website Into a Money-Maker: Tips for Small Business Success

Your website can be more than just a digital presence—it can be a thriving profit center. Discover proven strategies to monetize your website, whether you sell physical products, digital downloads, or services. Learn the importance of user-friendly design, high-quality content, and tailored marketing to meet audience needs and boost engagement. Explore options like e-commerce, affiliate marketing, and subscriptions, and use analytics to optimize for success.

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Living Will Plans For Citibank, Chase, & BoA Inadequate: Regulators

Retail Wire

The three banks didn't have adequate living wills, according to regulators.

Planning 130
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Shoes that massage: Nike, Hyperice team up on next-gen kicks, vest

Inside Retail

Sportswear giant Nike has partnered with health technology company Hyperice to launch a collection aimed at helping athletes perform at their best throughout training and competition. The Nike x Hyperice boot is a wearable and transportable high-top sneaker that provides athletes with on-demand heat and air compression massage to their feet and ankles.

ATS 130
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Under Armour to pay $434M to settle lawsuit that claimed Kevin Plank mislead investors

Retail Dive

If approved, the agreement requires the retailer to keep its CEO and chair roles separate for three years and instill a performance-based condition for some executive stock benefits.

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Iceland ‘Frozen Out’ manifesto reveals consumers do not feel represented by politicians

Retail Gazette

Iceland has released Frozen Out, its first-ever supermarket manifesto designed to give customers a voice as the General Election nears. A panel of seven customers from across the UK, selected to lead the manifesto , will provide monthly insights as part of Iceland’s initiative to bring real-world concerns to Westminster. The manifesto draws from a survey of over 6,500 customers, highlighting issues such as the cost-of-living crisis, which emerged as the top concern for respondents.

Consumer 119
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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