Fri.May 24, 2024

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Retail sales tumble after April washout

Retail Gazette

Retail sales have fallen once again as poor weather paired with a cost-of-living squeeze continues to dampen spending. The latest figures from the Office for National Statistics (ONS) show sales volumes fell by 2.3% in April, after a 0.2% drop in March, as poor weather led to a reduction in footfall across most retailers. However, on a three-month basis, volumes edged up 0.7% to the end of April when compared with the previous three months.

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What it takes for emerging designers to break into Australia’s fashion industry

Inside Retail

While established fashion brands are attempting to find solid ground in the current economic downturn, a new guard of Australian designers are trying to get their foot in the door. Fashion is an industry that worships breakthrough talent but gaining access to the necessary resources to innovate and disrupt is half the battle. Australian Fashion Week’s Next Gen runway spotlighted emerging brands Emily Watson, Potirakis, House of Campbell and Amy Lawrence as the industry’s next frontier.

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#RICE24 Solution Spotlight: Shopify Creates a Unified Commerce Platform for Merchants

Retail TouchPoints

Up to 60% of merchants say reducing friction between in-store and online is a top priority. To create a competitive experience, the back end of a merchant’s in-store and online business needs to be unified, ultimately creating a front-end experience that is consistent and cohesive. Shopify provides a unified commerce platform designed to enable seamless customer experiences across all channels while centralizing data and operations for multi-location retail businesses.

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First Nations fashion design can be a powerful method of healing

Inside Retail

Aboriginal and Torres Strait Islander readers are advised that this article contains names, images and stories of deceased people. Around the world, fashion researchers, designers and artists are exploring the links between clothing, adornment and wellbeing. “ Enclothed cognition ” considers the psychology of clothing, and designers are exploring how to create garments to heal the wearer.

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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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Federal Watchdog Institutes Consumer Protections for BNPL Purchases

Retail TouchPoints

The Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule confirming that buy now, pay later (BNPL) lenders are in essence credit card providers, meaning they will be required to provide consumers with legal protections and rights, including in cases of disputed charges and issuing refunds. BNPL is “often used as a close substitute for conventional credit cards,” according to a CFPB press release.

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Waymo Safety Probe Turns Up More Incidents

Retail Wire

The National Highway Traffic Safety Administration (NHTSA) has uncovered nine additional incidents involving Waymo's self-driving vehicles, raising fresh concerns about their safety and performance. This development comes after the U.S. auto safety regulator initiated an investigation earlier this month following 22 reports of Waymo's robotaxis displaying potentially hazardous driving behavior.

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More Trending

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Google To Invest $350 Million in India’s Flipkart

Retail Wire

In a strategic move poised to shake up the Indian e-commerce landscape, Alphabet's Google is set to acquire a minority stake in Flipkart, the Walmart-backed retail giant.

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Droopy Dog or Contagious Cat? Call New Walmart+ Telehealth Vet Service

Retail TouchPoints

Walmart+ has added a new membership benefit designed to appeal to the more than 75% of its members who are pet owners: 24/7 veterinary telehealth services offered in partnership with Pawp. The retailer piloted the offering last year and it became the loyalty program’s most successful limited-time offer of 2023. Key features of Pawp for Walmart+ members include: Free pet telehealth service, saving members $99 annually on the cost of a standalone Pawp membership; Expert support from a team includi

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Guardant’s Blood Test for Colorectal Cancer Gets FDA Adviser Approval

Retail Wire

Guardant received support in a 7-to-2 vote.

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Prepping for growth: Rowing Blazers’ new CEO is just the beginning

Inside Retail

Last week, the preppy US-based lifestyle and apparel brand Rowing Blazers appointed Laura Willensky as its new chief executive officer. Before her appointment at Rowing Blazers, Willensky held key leadership positions at J.Crew, Victoria’s Secret Beauty, Talbots, and Away. In the early stages of her career, Willensky helped lead Madewell and children’s brand Janie & Jack from inception and brand launch to profitability and national recognition.

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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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Blue Bird Workers Ratify First Union Contract in Georgia

Retail Wire

In a significant milestone for labor relations in the Deep South, workers at Georgia-based school bus manufacturer Blue Bird Corp. have ratified their first union contract.

ATS 130
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Decker Brands’ net sales up on record Hoka, Ugg revenue

Inside Retail

Deckers Brands saw net sales surge to a new record last fiscal year as consumers embraced the company’s leading Hoka and Ugg brands. Net sales soared 18.2 per cent to $4.29 billion with direct-to-consumer sales up 26.5 per cent to $1.86 billion and wholesale sales jumping 12.6 per cent to $2.43 billion. Hoka’s sales increased 27.9 per cent to $1.81 billion while Ugg’s climbed 16.1 per cent to $2.24 billion.

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Netflix’s Latest Engagement Report Shows a Drop in Viewership for Its Top Series and Movies

Retail Wire

While Netflix continues to produce popular content, the success of its hits varies widely, according to the latest engagement report.

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Morrisons braces for disruption as warehouse staff strike to protect their pensions

Retail Gazette

Morrisons has warned of disruptions as nearly 1,000 warehouse workers walk out for the next three days in a dispute over pensions. Employees at the supermarket’s Gadbrook in Cheshire and Wakefield in West Yorkshire distribution centres, who have begun the first of two strikes, claim the cut in company contributions to their pensions is worth up to £10m a year.

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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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Gas Prices Go Down During Memorial Day Weekend

Retail Wire

As Memorial Day weekend approaches, gas prices are dipping slightly, offering some relief to millions of travelers.

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Korea Promotes SMEs' Global Expansion

LS Retail

©iStock/CHALLA The chiefs of Korea’s largest business groups gathered with President Yoon Suk Yeol to garner support for small- and medium-sized enterprises (SMEs) in their overseas expansion efforts in an annual meeting on Thursday. President Yoon presided over this year’s conference of SMEs held on the front lawn of the presidential office in central Seoul, joined by Samsung Electronics Chairman Lee Jae-yong, LG Group Chairman Koo Kwang-mo and Hanwha Group Vice Chairman Kim Dong-kwan.

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Southwest Airlines Will Now Appear in Google Flights Searches

Retail Wire

Passengers can find flights for the popular airline on the Google Flights search aggregator.

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Target adds 1K summer items in affordability push

Retail Dive

In an attempt to draw in budget-sensitive shoppers, product prices start at $1 and more than half of the assortment is less than $15.

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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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Burger King To Launch $5 Meal Ahead of McDonald’s Same-Price Combo

Retail Wire

It's the battle of the fast-food giants as both companies launch low-cost deals.

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VF names new CFO, still feels revenue slump as it considers selling assets

Retail Dive

Declining performance of the Vans brand continued to weigh on the apparel and footwear conglomerate’s Q4 earnings despite various transformation programs.

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Coca-Cola Invests $330M in New Birmingham, Alabama Campus

Retail Wire

The Coca-Cola Company will complete the campus in three years.

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Cisco Meraki Secures the Postman “Best API Award”

Cisco Retail

Meraki APIs allow businesses to automate repetitive and time-consuming tasks, and configure and deploy networks quickly at a scale. Developrs can leverage API operations to retrieve performance metrics, monitor network health, analyze traffic data and create custom reports to gain insights into the network usage.

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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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Canva Unveils New Enterprise Product Aimed At Large Organizations

Retail Wire

Canva has introduced its latest offering, an enterprise version designed specifically to meet the requirements of large organizations.

ATS 100
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Ollie’s wins bankruptcy bid for 11 former 99 Cents Only Stores

Retail Dive

The acquisition of the Texas stores appear to support Ollie's plans to expand its brick and mortar footprint.

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Aldi ‘hammers down on prices’ as it slashes cost of fruit and veg

Retail Gazette

Aldi has reduces prices on over 45 fruit and vegetable products as it continues its commitment to ensuring “shoppers make significant savings every time they shop” From today (24 May) customers at the German dscounter will see lower prices on items including berries, oranges, tomatoes and its fresh salad range. Produce such as avocados and peppers are also included in the latest price reductions, with prices dropping by an average of around 11%.

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Wilson signs WNBA rookie Caitlin Clark

Retail Dive

As part of the deal, the sporting goods brand will partner with the athlete on a signature basketball line celebrating her legacy.

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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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Retail sales fell 2.3% in April with clothing and furniture impacted by poor weather, ONS reports

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Retail sales volumes (quantity bought) fell by 2.3% in April 2024, following a fall of 0.2% in March 2024 (revised from 0.0%), the latest figures from the Office for National Statistics (ONS) reveal. Sales volumes fell across most sectors, with clothing retailers, sports equipment, games and toys stores, and furniture stores doing badly as poor […]

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Rothy’s launches on Amazon

Retail Dive

The sustainable shoe brand is adding its signature products to the online retailer as it looks to broaden its reach.

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Myprotein launches into 1,200 Boots stores nationwide

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Myprotein, the leading online sports nutrition brand, announces the launch of nearly 80 products at Boots, the UK’s leading health and beauty retailer, across 1,200 stores nationwide. Boots’ new in-store range includes an array of products across Myprotein and its family brands, Myvegan and Myvitamins.

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The Weekly Closeout: E.l.f. Beauty reports $1B in net sales and Wayfair opens its first large-format store

Retail Dive

The cosmetics brand increased sales 77% year over year, while the DTC furniture company debuted a store in Wilmette, Illinois.

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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.