Retail Wire
MAY 22, 2024
The year has seen a notable rise in online scams, with fake tickets for the Olympics and Taylor Swift concerts being the most prevalent, according to a recent report by UK Finance.
Retail TouchPoints
MAY 22, 2024
In an era when ecommerce is reshaping retail, platforms like Shopify have emerged as indispensable allies for businesses large and small. Shopify, originally a beacon for small and medium-sized enterprises, is now expanding its reach to larger corporations. However, this expansion brings to light a critical issue for CFOs and finance teams: the intricate and often underestimated task of recognizing and booking revenue in the ecommerce domain.
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Inside Retail
MAY 22, 2024
Barbie is celebrating Australian footballer Mary Fowler, alongside eight other athletes, for the fashion doll’s 65th anniversary. “When I saw myself as Barbie for the first time, it was crazy; I was honestly just a bit speechless. I never would have thought that I’d have a Barbie that looks just like me,” said Fowler. “Being a positive influence, and seeing young girls recreate my look has been so special, and to finally hold my doll and see her wear my bubble braid
Retail TouchPoints
MAY 22, 2024
To increase ecommerce revenue, brands and retailers need to engage online shoppers and convert them into buyers. But when consumers cannot quickly find the products they’re looking for or easily get answers to their questions, they are more likely to abandon the ecommerce site altogether. With iAdvize Copilot , iAdvize’s generative AI-powered chatbot, more than 100 online retailers and direct-to-consumer (DTC) brands are empowering customers to discover, choose and buy more — resulting in a 10X
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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
MAY 22, 2024
The Reject Shop says its new merchandise strategy is showing positive results. FY24 is the first full year the strategy has been “meaningfully” deployed and the discount retailer achieved annual comp-store sales growth of 2.7 per cent and overall sales growth of 4.2 per cent. During the second half, comparable store sales rose 3.3 per cent while total sales jumped 4.1 per cent, attributed to a continuation of the positive sales momentum from the first half.
Retail TouchPoints
MAY 22, 2024
Just a few weeks after making real-world products available for sale within Roblox, Walmart has debuted Walmart Realm. This immersive experience features three distinct shopping environments designed around social trends and influencers: the underwater world of So Jelly, vintage Americana at Y’allternative and chic beauty and fashion at Go Chromatic.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
MAY 22, 2024
Target will lower the everyday prices of approximately 5,000 frequently shopped items. Reduced prices already are in effect for about 1,500 items, and additional cuts will be instituted over the summer. Consumers will see lower prices on products including milk, meat, bread, soda, fresh fruits and vegetables, peanut butter, coffee and diapers. In a post on X , The White House praised the move and noted that President Biden was calling on “other big corporations to join these leaders and lower gr
Inside Retail
MAY 22, 2024
Regional retailers are not immune to the current challenges the wider industry is facing – local traders in the Victorian town of Inglewood are also having to adapt to the cost-of-living and cost-of-trading crisis. Inglewood’s Brooke Street is home to local shop fronts that have weathered not only the current economic storm but also physical storms and flooding.
Retail TouchPoints
MAY 22, 2024
MKM Building Supplies is one of the leading home improvement purveyors for both commercial and DIY customers throughout the United Kingdom, known for its personal touch and localized offerings. But when it came to serving customers online, the company was decidedly behind the times. Image courtesy MKM “As a business, MKM is very traditional; people like to go into their branch, have a cup of tea, have a bacon roll, have a bit of banter,” said Craig McLaren, Head of Digital at MKM Building Suppli
Retail Wire
MAY 22, 2024
On Tuesday, the Canadian athletic brand confirmed that the company's chief product officer, Sun Chloe, has resigned to take on another opportunity and will leave by the end of this month.
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Inside Retail
MAY 22, 2024
Retail is the largest private sector employer in Australia. According to ABS data, more than 1.4 million people work in the industry, and while it’s often thought of as a young person’s job, the median age of the workforce is 33 and only 50 per cent of roles are part-time. For many people who need flexible hours, retail is a great career option with a clear path to promotion.
Retail Wire
MAY 22, 2024
Citigroup nearly invested $189 billion in the European market.
Retail Focus
MAY 22, 2024
Shopping can be an exhilarating experience, but even the most avid shopper needs a break after hours of walking and browsing through endless aisles of products. Whether you’re shopping alone, with friends, or with family, incorporating moments of relaxation and entertainment can transform a tiring shopping day into a delightful adventure. It’s not just about making purchases; it’s about enjoying the journey.
Retail Wire
MAY 22, 2024
The limited promotion runs from May 13 through July 10 on Mondays and Wednesdays.
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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.
Retail Gazette
MAY 22, 2024
John Lewis Partnership is aiming to hire more than 300 care experienced young people by January 2025 as part of its Building Happier Futures programme. The department store retailer, which has employed 76 workers so far, said the target forms part of its commitment to providing career opportunities for people with experience of the care system. The news coincides with the celebration of Foster Care Fortnight, which runs until 26 May by charity The Fostering Network.
Retail Wire
MAY 22, 2024
The fast-food industry is cooking up new price wars with Wendy's announcing a new $3 English Muffin Deal.
Retail Gazette
MAY 22, 2024
Superdrug is marking its 60th birthday with celebrations taking place throughout this month and June. The health and beauty retailer will be holding in-store activations alongside the launch of a limited edition birthday range, 60th birthday products from exclusive brands, offers and prices and more. Superdrug Health & Beauty Card members will be able to bag 60% off own brand and exclusive ranges from today (22 May), while members will earn 600 points on any online purchase over £60 made tod
Retail Wire
MAY 22, 2024
Target reported disappointing first-quarter earnings, attributing the shortfall to the impact of inflation on household budgets.
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.
Retail Gazette
MAY 22, 2024
After two years, M&S’ ‘Reshaping for Growth’ strategy is bearing fruit, driven by its major investment into improving the quality and value of its clothing and food as well as overhauling its store estate. While many retailers grapple with the challenging trading environment, how is M&S defying the odds to deliver ‘remarksable’ results?
Retail Wire
MAY 22, 2024
In a move to enhance consumer protections, the Consumer Financial Protection Bureau (CFPB) announced new regulations for the rapidly growing "buy now, pay later" (BNPL) industry.
365 Retail
MAY 22, 2024
New Look has announced a £3.3m investment to upgrade and improve its stores in Greater Manchester, strengthening its commitment to its store estate and wider omnichannel strategy. The retailer will initially trial several initiatives in its 20 stores in the area over the next 12 months to create a blueprint for further improvements across its wider estate.
Retail Wire
MAY 22, 2024
Nestlé has a new line, Vital Pursuit, for Ozempic and other GLP-1 users.
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Retail Dive
MAY 22, 2024
Jon Alferness, chief product officer of Walmart U.S., spoke with Retail Dive about how the big box retailer is deploying tech to serve customers and frontline workers.
Retail Gazette
MAY 22, 2024
The owner of Temu reported its sales have more than doubled in its first quarter as demand for the online discount retailer skyrockets. PDD Holdings beat market expectations as it delivered a 131% increase in sales to £9.42bn (86.8bn yuan), driven by the catapulting rise of Temu and its sister ecommerce platform, Pinduoduo. The revenue boost was partnered with a 194% surge in costs to £3.54bn (32.7bn yuan), which the retail group attributed to increased fulfilment fees, payment processing fees,
LS Retail
MAY 22, 2024
©iStock/The_Believer_art YouTube is a global video platform that can get your business in front of millions of potential new customers. Additionally, meaningful video content can attract and engage your target audience and strengthen your marketing efforts. In this article , the author explains why YouTube is a must-have marketing strategy, how the video platform can help your brand and how to create a YouTube channel with compelling, engaging content.
Retail Gazette
MAY 22, 2024
Peloton has launched a rental service for its exercise bikes in a bid to boost its fortunes following a post-pandemic slump in demand. Consumers can rent an exercise bike for £99 per month, with access to all of its live online classes and back catalogue, The Times reported. The fitness company said the scheme gives customers an “accessible and convenient way to experience Peloton” Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox e
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
Retail Wire
MAY 22, 2024
The company hopes one low price will lure consumers.
Retail Dive
MAY 22, 2024
The retailer is losing ground in grocery and household items as customers shop for less elsewhere, according to analysts.
Shopping Center
MAY 22, 2024
Richmond, Mich. — Legacy Realty Group Advisors has arranged the $4.6 million sale of Lenox Square Shopping Center, a 95,722-square-foot property located in Richmond. Family Farm and Home anchors the center.… The post Legacy Arranges Sale of 95,722-Square-Foot Shopping Center in Michigan appeared first on Shopping Center Business.
Retail Times
MAY 22, 2024
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Authentic Asian plant-based meals challenger, SHICKEN is launching a category-first plant-based meat recipe – free from top 14 allergens, using British ingredients. Made in the brand’s newly certified allergen-free site, in Kent, SHICKEN’s new next generation plant-based chicken has changed from a soy and wheat-based recipe to pea proteins, solely
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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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