Tue.Jun 25, 2024

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The Rise of Digital Gift Cards in the Fight Against Retail Scammers

Retail TouchPoints

The prevalence of gift card fraud poses a significant threat to retailers and consumers alike. Recent data from the Federal Trade Commission (FTC) paints a stark picture, revealing that gift card scam losses totaled over $228 million last year — a staggering increase of more than $100 million from 2020. As cybercriminals continue to exploit vulnerabilities in traditional payment methods, such as plastic gift cards, it becomes imperative for retailers to adapt, and many are turning to digital gif

Consumer 277
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Drummond Golf put up for sale after 22 years

Inside Retail

The owners of Australia’s biggest golf retailer Drummond Golf are looking to sell the company after 22 years of ownership. Lion Advisory has been hired to assist in the sale process, which includes 100 per cent of Drummond Golf’s master franchise, the Big Swing Golf master franchise, and an e-commerce business. Other assets include Drummond’s interests in 17 company-owned stores and its 66 per cent shareholding in wholesale golf company Golf Works.

Wholesale 306
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Grubhub Adds First National Grocery Partner — Albertsons Companies

Retail TouchPoints

Nearly 1,800 Albertsons Companies stores are joining the Grubhub Marketplace for delivery, including the Albertsons , Safeway , Vons , Jewel-Osco , Shaw’s , Acme and Tom Thumb banners. The deal marks Grubhub’s first national grocery deal following its partnership with Mercato , a marketplace for independent grocers. Albertsons Cos. customers will now be able to schedule delivery of their grocery orders through the Grubhub app and website and via the Grubhub+ loyalty program, which provides

Grocer 289
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Why are luxury brands investing more in South Korea despite economic headwinds?

Inside Retail

Less than a year after making its Asia debut in Tokyo, the Paris-based luxury leather goods label Polene has recently expanded its international presence with a flagship store in South Korea, aiming to capture the burgeoning affluent demographic in the country. The move comes at a time when South Korea is experiencing an influx of international luxury brands establishing a presence in the market.

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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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Vera Bradley Deploys Forced Labor Prevention Compliance Solution

Retail TouchPoints

Vera Bradley is among the 15 brands worldwide using the TrusTrace solution for Forced Labor Prevention (FLP) in its supply chain. The solution collects primary data from suppliers, proactively screens it for risk against the U.S. Customs and Border Protection (CPB) entity list and enables AI-powered chain of custody creation and document collection.

ATS 285
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A marriage of convenience? Myer’s acquisition of Premier’s apparel brands

Inside Retail

A prospective backdoor listing and a marriage of convenience have enlivened end of financial year stock market prognostications. The backdoor listing on the Australia Securities Exchange for Chemist Warehouse through a merger with Sigma Pharmaceuticals looks problematic. The marriage of convenience through a Myer acquisition of Premier Investments apparel brands portfolio is more likely to succeed.

Apparel 277

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Former Kmart boss takes the helm of Campion education business

Inside Retail

Campion Group has named former Kmart GM of customer experience Tom Bradley as its new CEO. Campion Group’s businesses include education supplier Campion Education, publisher Insight Publications, library supplier The Book House, and education technology specialist EdSoft. It has 14 retail stores across Australia. Prior to Kmart, Bradley served as regional strategy director at Bacardi and as GM of customer insights at Coles. “After an extensive search, during which we met many excepti

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How Sustainability Dovetails with Hanna Andersson’s ‘North Star’ of Product Durability

Retail TouchPoints

Kara Carter has been in a long-term relationship with Hanna Andersson. Starting as a Merchandising Director in 2014, she has spent a decade working her way up the ranks (save for a short eight -month break in 2018) to VP of Merchandising, SVP of Merchandising and Design and, eventually, to her current role as Chief Product Officer. While a lot can change at a brand in 10 years, Carter believes that the essence of the Hanna Andersson brand has remained very much intact since she started: to champ

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Black Milk Clothing names Jackie Kruger as CEO

Inside Retail

Black Milk Clothing has named Jackie Kruger as CEO, succeeding Linda Lillis, effective immediately. Linda is the wife of Black Milk Clothing founder James Lillis, who passed away in February. Lillis will remain in the company, transitioning into a board role. Prior to the new appointment, Kruger has been serving at Black Milk Clothing for more than 11 years, with the most recent role as COO.

Fashion 258
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Amazon Sets Stage for Prime Day July 16-17 with Original Song from Megan Thee Stallion

Retail TouchPoints

Amazon has announced the dates of its 10 th annual Prime Day event, which will take place from July 16 at 12:01 a.m. PDT through July 17 across 23 countries, including the U.S. Megan Thee Stallion’s in the music video for her original song “It’s Prime Day.” (Image courtesy Amazon) The dates were announced via a music video and new original song from pop star Megan Thee Stallion called It’s Prime Day.

Apparel 263
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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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Why are luxury brands investing more in South Korea despite economic headwinds?

Inside Retail

Less than a year after making its Asia debut in Tokyo, the Paris-based luxury leather goods label Polene has recently expanded its international presence with a flagship store in South Korea, aiming to capture the burgeoning affluent demographic in the country. The move comes at a time when South Korea is experiencing an influx of international luxury brands establishing a presence in the market.

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$30 Billion Swipe Fee Settlement in Jeopardy After Judge’s Ruling

Retail TouchPoints

The proposed $30 billion settlement of the Visa/Mastercard swipe fee litigation, which has been going on for nearly two decades, may still need some more time to be resolved. U.S. District Judge Margo Brodie indicated in a filing this week that she would likely not approve the settlement, according to the Wall Street Journal. Brodie had made remarks during a June 13 hearing citing concerns by the National Retail Federation (NRF) and other merchant groups that the settlement is insufficient and d

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Cheez-It and Hidden Valley Ranch Unveil New Crackers

Retail Wire

This summer, Cheez-It and Hidden Valley Ranch are set to appease fans with their latest creation: Cheez-It x Hidden Valley Ranch Crackers.

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Foot Locker Revamps Rewards Program, Promises Enhanced Mobile App Later in 2024

Retail TouchPoints

Foot Locker has enhanced its FLX Rewards program with the introduction of FLX Cash, which allows members to use loyalty program points toward purchase discounts along with additional member benefits including priority access to highly anticipated sneaker launches, exclusive sales, free returns and upgraded birthday gifts. Later this year, Foot Locker plans to upgrade its mobile app, adding real-time launch updates with a “Heat Monitor” for members to monitor and track pre-launch hype, upgraded s

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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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Foot Locker Relaunches FLX Rewards Program

Retail Wire

Foot Locker has unveiled a revamped FLX Rewards program, set to transform the sneaker shopping experience with enhanced convenience and exclusive benefits.

Shopping 237
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7-Eleven upcycles uniforms in textile waste initiative

Inside Retail

7-Eleven Australia’s latest initiative to reduce textile waste going to landfill focuses on recycling old uniforms. The convenience chain is working with Loop Upcycling (Loop) to turn textiles into stretch fabric beanies. Julie Laycock, general manager – customer at 7-Eleven, said “Having identified old uniforms and other textiles, and learning from Loop Upcycling what the fabrics could be turned into, we collaborated with our community partners The Salvation Army and AMES Australia to determine

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Hooters Restaurant Closing Multiple Locations

Retail Wire

Hooters restaurant is closing multiple locations. The eateries that are shutting down have reportedly been underperforming.

Location 246
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After 10 years, Japan’s Aeon seems ready to conquer Vietnam’s regions

Inside Retail

A decade after making its debut in Vietnam, Japanese retail giant Aeon is making a move into regional towns, armed with 10 years of data about local consumer behaviour and a renewed commitment to what is now its second-largest international market. Struggling to achieve growth in its home market, the company is ramping up its investment in Southeast Asia – especially in Vietnam and Cambodia.

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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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Moderna Chief Brand Officer Reports 83% Staff Adoption of ChatGPT

Retail Wire

At the Cannes Lions International Festival of Creativity last week, Moderna's chief brand officer, Kate Cronin, revealed that 83% of the company's employees use ChatGPT daily.

ATS 213
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How Zebra helped Sally Beauty get front-line staff working smarter, not harder

Inside Retail

With multiple store systems and communication channels, how can a major multinational retailer ensure its associates are getting all the information they need to ensure a consistent, positive customer experience across its entire chain? Two years ago, that was the challenge facing Sally Beauty Holdings, an international retailer specialising in products to treat hair, nails and skincare.

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Amazon Prime Day Returns: Here Are the Dates

Retail Wire

Deep discounts abound during the yearly shopping experience for Prime members.

Returns 260
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Navigating EOFY sales: How Australian retailers can maximise success

Inside Retail

As the End of Financial Year (EOFY) approaches, Australian retailers have a golden opportunity to maximise their sales by aligning with current market trends and customer expectations. By integrating these insights into their operations, retailers can optimise their performance and stand out in a competitive landscape. The return revolution Recent insights from Australia Post reveal that eight in 10 Australian households now shop online, highlighting the importance of a strong e-commerce strateg

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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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Grubhub Teams Up With Albertsons To Deliver Groceries Nationwide

Retail Wire

In a strategic move to enhance its grocery delivery services, Grubhub has announced a partnership with Albertsons Companies, one of the leading grocery retailers in the United States.

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The retail industry’s diminishing visible allyship of Pride Month

Inside Retail

Like clockwork, consumers will find many US-based brands and retailers shifting their logos or in-store imagery to feature rainbow-inspired designs in June. Consumers will also find various examples of retailers or brands launching limited-edition Pride collections, from rainbow-coloured apparel to children’s books featuring an inclusive array of familial set-ups, online and in-store.

Apparel 130
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Networking Tips for University Students Aspiring to Enter the Retail Design Industry

Retail Focus

For university students in particular who want to work in competitive industries like retail design, networking is essential. Creating a strong professional network could lead to internships, employment chances, and priceless mentoring. Here are some crucial networking advice aimed at students hoping to succeed in retail design. Gain Knowledge of the Industry Understand the retail design sector before you start networking.

Finance 130
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THG’s Lookfantastic to open first physical store

Retail Gazette

THG owned online beauty retailer Lookfantastic is set to open a phsyical store in the Greater Manchester town of Altrincham The store is set to occupy the George Street unit vacated by JD Sports. Lookfantastic, acquired by THG in 2010, was one of the UK’s first digital beauty retailers. The store opening comes after the group highlighted the success of its beauty division as a key driver of growth.

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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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Canned Coffee Recall: What We Know

Retail Wire

The canned coffee has been recalled due to botulism contamination.

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Judge orders Dominic Chappell to pay £50m over BHS collapse

Retail Gazette

Dominic Chappell must pay at least £50m to cover losses incurred by BHS prior to its collapse after a judge determined that the former head of BHS, sought to “plunder” the UK retailer. On Tuesday, the High Court ruled that Chappell, who acquired the chain from Sir Philip Green for £1, is liable for repayments demanded by BHS liquidators, who sued Chappell for wrongful trading, misfeasance, and breach of fiduciary duty.

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Ferrari All-Electric Model Maintains Its Signature Emotional Roar, Says CEO

Retail Wire

Ferrari's CEO, Benedetto Vigna, has revealed that its all-electric model will possess all the driving and emotional characteristics of a signature Ferrari.

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AO hails ‘outstanding’ performance as profits soar

Retail Gazette

AO has posted a strong profit performance which surpassed expectations, as it moves back to being a double digit revenue growth business in the year ahead. For the full year to March 31, 2024, adjusted profit before tax at the retailer surged 186% to £34.3m, exceeding its previous guidance of between £28m and £33m. Total revenue for the period was £1.04bn, down 9% from £1.14bn last year which AO said was “as expected”, reflecting the impact of strategic decisions to eliminate non-co

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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.