Tokinomo
DECEMBER 13, 2023
The retail industry is an ever-changing landscape. How do big data and retail combine? The global big data analytics in retail market size was valued at $4,854 million in 2020 and is projected to reach $25,560 million by 2028. This shows us the importance of big data in retail.
Retail TouchPoints
DECEMBER 13, 2023
After years of lockdowns and digital-driven behaviors, consumers’ actions have shown how crucial the store experience is to how they shop and interact with brands. So it’s no surprise that 47% of executives believe that store design and experience have become more critical to their brand strategy over the past year, according to Retail TouchPoints research.
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Inside Retail
DECEMBER 13, 2023
Fawkner Property has agreed to acquire Cairns Central from Lendlease-managed Australian Prime Property Fund Retail (APPF Retail) for about $390 million. The largest shopping centre in Far North Queensland, Cairns Central boasts 51,972sqm of gross lettable area and more than 180 tenants including Myer, Woolworths, Coles, Kmart, Target, and Event Cinemas. “With the strategic divestment of this asset, APPF Retail will be able to close out the remaining redemption requests in the fund, providi
Retail TouchPoints
DECEMBER 13, 2023
Despite the surge in online shopping, physical stores remain essential for retailers, providing a space for customers to interact with products and build deeper brand connections. A well-designed store can create a memorable brand experience that strengthens customer loyalty. This is crucial considering a recent Publicis Sapient report on customer loyalty , based on a survey of over 8,000 consumers across six countries, revealed that 52% of global consumers report having slight to no brand loyal
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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.
Inside Retail
DECEMBER 13, 2023
Viva Energy has agreed to divest 25 Coles Express locations in South Australia to gain a green light from the Australian Competition & Consumer Commission (ACCC) for its planned acquisition of OTR Group. OTR Group is a fuel and convenience retailer operating predominantly in South Australia while Viva Energy operates a fuel supply chain with retail sites across the country, including Coles Express convenience stores.
Retail TouchPoints
DECEMBER 13, 2023
Google Pay will make buy now, pay later (BNPL) options available for online and mobile payments in the U.S. next year. Google Pay has partnered with Affirm and Australia-based Zip and will begin offering their pay-in-four services on Android devices early in 2024. BNPL got a boost as consumers worldwide grappled with inflation, and experts identified multiple BNPL growth opportunities in August 2022.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
DECEMBER 13, 2023
For some consumers, the holiday season starts as early as October. Others, however, procrastinate in all areas – even when it comes to getting a Christmas tree. In fact, new research conducted for the Real Christmas Tree Board found that 4% of consumers wait until as late as the third week of December — and even Christmas Eve — to buy a Christmas tree.
Inside Retail
DECEMBER 13, 2023
Victorian bakery chain Ferguson Plarre’s Bakehouse has unveiled its new flagship store at Chadstone Shopping Centre in Melbourne. The ground floor, Market Pavilion store features a newlook fit out, with curved walls and exposed time battens creating a modern, welcoming ambience. The design, by Hayden Hamuaha and the team at Zone Design, is an extension of Ferguson Plarre’s new aesthetic for new and remodelled stores.
Retail TouchPoints
DECEMBER 13, 2023
DTC brands Gilt Groupe , Stitch Fix and Casper have teamed up to create a new feed-based, discovery-driven shopping app called Yaysay that is designed to elevate and gamify off-price shopping online. Image courtesy Yaysay The mobile app uses AI technology to deliver shoppers a personalized feed of off-price “fashion gems,” refreshed every day with brands such as ALC , Simkhai , Loeffler Randall , Chloe , Loewe , Isabel Marant , Acne , Vince , Ganni and hundreds more at up to 70% off. “With
Inside Retail
DECEMBER 13, 2023
Australian brands appear to be in demand in global retail, attracting substantial interest from both domestic and international investors, who have splashed out huge dollar sums to acquire some of the country’s most successful businesses. In August, global private equity firm Advent International reportedly acquired a majority stake in designer dress label Zimmermann for over $1 billion, a first for any Australian fashion brand.
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Retail TouchPoints
DECEMBER 13, 2023
Women’s DTC specialty retailer Coldwater Creek has unveiled a new ecommerce website featuring a modernized look and tech stack. The new website was built on the BigCommerce platform with help from digital commerce agency CQL. It features an elevated look and customer experience with nature-inspired color palettes, intuitive navigation, engaging imagery and immersive storytelling to enrich the shopping experience.
Retail Wire
DECEMBER 13, 2023
Social media use by teens is at an all-time high.
Retail TouchPoints
DECEMBER 13, 2023
As each year passes, climate change is becoming more apparent around the world. And no matter how relatively small they may seem, our individual choices matter and can contribute to climate disruption. With that in mind, one habit to consider paying extra attention to is your beauty routine. A recent report states that brand transparency regarding environmental sustainability remains a top priority for cosmetics and personal beauty care consumers.
Retail Wire
DECEMBER 13, 2023
The brightly colored balls can pose a dangerous hazard to children if ingested.
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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.
Inside Retail
DECEMBER 13, 2023
Bedroom furniture supplier Emma Sleep and its subsidiaries are facing court proceedings for alleged misleading representations in the advertising of its products. The Australian Competition & Consumer Commission (ACCC) alleged the company “enticed” consumers to buy its products by offering misleading discounts or savings between June 15, 2020 and March 27, this year.
Retail Wire
DECEMBER 13, 2023
Amid a challenging economic and competitive landscape, Etsy is implementing cost-cutting measures at the peak of the holiday season involving laying off 11% of its workforce, which equates to approximately 225 employees.
Inside Retail
DECEMBER 13, 2023
With Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how are the two fast-fashion pioneers responding to the current market leader, Shein? Shein has a huge valuation and is primed for an IPO. With sales almost entirely online, the retailer generated about US$23 billion in global revenue in 2022, according to research firm Coresight.
Retail Wire
DECEMBER 13, 2023
In a bold move aiming to improve competition and curb so-called “junk fees,” the Federal Communications Commission (FCC) has put forth a proposal that could significantly alter the cable television industry's billing practices.
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.
Inside Retail
DECEMBER 13, 2023
When consumers search for holiday content online and in stores, they are still more likely than not to encounter Christmas-themed movies, home decor and gifting items. But that is beginning to change, as American institutions increasingly embrace multicultural festivities. According to a report by global data and business intelligence platform Statista , retail sales over the 2023 holiday season are projected to be between $957.3 billion and $966.6 billion, a marked jump from $929.5 billion in r
Retail Wire
DECEMBER 13, 2023
The UAW has lodged accusations of unfair labor practices against three major automotive manufacturers: Honda Motor, Hyundai Motor, and Volkswagen.
Inside Retail
DECEMBER 13, 2023
With a crackdown on single-use face wipes imminent, Australian beauty brand Conserving Beauty has a patented solution for the industry’s waste problem. The personal care and beauty industry is estimated to produce 120 billion units of packaging every year, according to recycling company TerraCycle. The waste generated by the beauty industry is an ugly secret and it shows no signs of slowing down.
Retail Wire
DECEMBER 13, 2023
Under a new rule the U.S. Federal Trade Commission finalized yesterday, auto dealers will be prohibited from enticing car buyers with empty promises and useless add-on products.
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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
Inside Retail
DECEMBER 13, 2023
Mattel said on Wednesday it was planning to make a live-action feature film based on its “American Girl” doll line with Paramount Pictures and Temple Hill Entertainment, after the box-office success of its “Barbie” movie earlier this year. Shares of the toymaker rose marginally in extended trading after it also said Lindsey Anderson Beer, who wrote the Netflix film “Sierra Burgess is a Loser”, would write the screenplay and produce the film.
Retail Wire
DECEMBER 13, 2023
More than 270 passengers were temporarily diverted to Goose Bay, Newfoundland, after an in-flight emergency.
Inside Retail
DECEMBER 13, 2023
Tech start-up Inkse had its launch this month with a mission to revolutionise the way Australian creatives approach fashion design and production. Founded by a rag trade veteran with over 40 years of experience and his tech expert son, Inske offers an end-to-end web platform that manages the entire fashion business process from product design to fulfilment, removing the traditional barriers to entry commonly associated with the fashion sector while creating opportunities for creatives of any ski
Retail Gazette
DECEMBER 13, 2023
Sainsbury’s boss Simon Roberts has defended his move to sell the grocer’s customers’ shopping habits data to TV and consumer goods manufacturers looking to target their advertising. The chief executive told The Guardian that the supermarket protects personal data “incredibly carefully” and that its strategy had made adverts more “relevant” for shoppers.
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
Inside Retail
DECEMBER 13, 2023
In my research , I have spent a good deal of time speaking with people from across the world about their relationship with sound and music – how it features in their everyday lives and how it influences their attitudes and behaviour. One of the most consistent findings is that, irrespective of culture or place, we are largely unaware of how what we hear affects how we think and act.
Retail Gazette
DECEMBER 13, 2023
Boots owner Walgreens considering a £7bn UK listing of the high street chain after efforts to sell the business failed last year. The UK retailer’s management is understood to be pushing its US parent company towards an IPO. The move would mean the cosmetics company returns to the London Stock Exchange after 16 years. According to Bloomberg, an IPO would value the retailer at roughly £7bn, returning it to the FTSE 100.
Inside Retail
DECEMBER 13, 2023
Health food and beverage retailer Delicia Franchising has been fined $11,100 after it admitted to breaking the Franchising Code, according to the Australian Competition & Consumer Commission (ACCC). The company admitted its failure to provide franchisees with a copy of its annual marketing fund financial statement for the financial year ending on June 30, 2022.
Retail Wire
DECEMBER 13, 2023
Your pharmacy might be sharing your prescription records with law enforcement.
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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.
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