Mon.Apr 08, 2024

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Southwest Boeing Engine Cover Detaches Mid-Air

Retail Wire

On a routine flight to Houston, a Southwest Airlines Boeing 737-800 encountered a mechanical problem. The FAA reported that an engine cover dislodged mid-air, striking the wing flap.

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Non-Alcoholic Brand Boisson Files for Bankruptcy Protection, Closes all Stores

Retail TouchPoints

Boisson has filed for Chapter 11 bankruptcy protection and shuttered its eight brick-and-mortar stores, according to multiple media reports and a LinkedIn blog post by Boisson founder Nicholas Bodkins. The non-alcoholic (NA) beverage brand plans to continue operating as a wholesaler and a DTC ecommerce retailer. Boisson had taken a “neighborhood stores” approach to brick-and-mortar expansion, opening stores in NYC, San Francisco, Los Angeles and Miami.

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Communities Flock to 99 Cents Only Stores

Retail Wire

Shoppers are flooding into 99 Cents Only Stores for a final stock-up before closure. With 143 locations in Southern California set to close, there's a push to save them led by Mark J. Miller, CEO of Pic 'N' Save Bargains.

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Strategies Unleashed: Navigating TikTok’s Viral Trends for Brand Success

Retail TouchPoints

TikTok is where the action is for brands wanting to go viral today. So many brands have found viral success on the platform, purposefully or accidentally, and there is no other platform that may be as useful to businesses seeking to connect with millennials and Gen Z. However, finding success on TikTok goes beyond the savvy use of hashtags and having fun content to share.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Many Cancer Drugs Still Unproven 5 Years After Accelerated Approval

Retail Wire

Accelerated approval allows for an earlier approval of drugs that treat serious conditions.

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Best Buy, Microsoft Celebrate Earth Month by Turning ‘E-Waste’ into Couture

Retail TouchPoints

Best Buy , one of the largest retail collectors of e-waste in the U.S., is partnering with Microsoft on a new activation designed to inspire consumers to recycle their unwanted laptops and tablets. During Earth Month in April, customers can bring in any eligible laptop or tablet to a Best Buy store for recycling and save $50 on a Surface device. These recycled devices will then be used for an innovative contest powered by Junk Kouture , a youth-focused sustainable fashion competition.

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More Trending

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CVS Health Identifies Closed-Loop Feedback as its Customer-Centricity Unlock

Retail TouchPoints

Today’s consumers are asked to rate their experiences multiple times per day. You can hit a smiley face if the airport bathroom is clean and, if not, a frowny face. You’re encouraged to rate the service you received after ordering a product online, getting your car repaired or having your hair styled. At my local supermarket, the self-checkout PIN pad has a note asking if I want to take a two -question survey (I don’t).

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Why analysts are predicting a “steep slowdown” in luxury sales

Inside Retail

Investors are bracing for a steep slowdown in luxury sales when luxury companies report their first quarter results, reflecting lacklustre Chinese demand and comparisons with last year when the lifting of Covid curbs in mainland China boosted sales. LVMH, the world’s biggest luxury group, is first to report on April 16, followed by rivals Kering, Prada and Hermes a week later.

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Elon Musk and Tesla To Unveil Robotaxi in August

Retail Wire

Will this long-talked-about vehicle come to fruition this year?

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How Malaysia’s iMotorbike is disrupting the market and building community

Inside Retail

Southeast Asia’s premier online platform for pre-owned motorcycles , iMotorbike, has unveiled a new showroom in the Glenmarie neighbourhood of Shah Alam, a Malaysian city outside of Kuala Lumpur. The showroom not only marks a significant expansion for iMotorbike but also heralds an industry-leading partnership with the Selangor Technical Skills Development Centre (STDC) aimed at upskilling young people in the region and strengthening the company’s talent pipeline.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Spirit Airlines Delays Deliveries and Furloughs Pilots

Retail Wire

Spirit Airlines announced Monday that it has struck a deal with Airbus to push back all aircraft deliveries originally slated for the second quarter of 2025 through 2026. This move comes as part of the company's efforts to hoard cash, with about 260 pilots facing furloughs.

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Can we combat the Lonely Paradox with our high streets?

Inside Retail

Never have we been more connected and more alone. In this age of instant, constant, worldwide connection, we’ve never felt more disconnected or isolated, and post-pandemic, the numbers are not getting any better. One-third of Australians now experience feeling lonely some of the time, one in six of us severely, and 18-24-year-olds have the highest levels of loneliness in the country.

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Minneapolis Faces Potential Loss of Uber and Lyft

Retail Wire

Residents of Minneapolis, Minnesota, are bracing for the imminent departure of Uber and Lyft, the popular ride-hailing apps. The reason? A contentious dispute with the city's government over driver pay is threatening to disrupt the everyday commutes and travel plans of thousands of residents.

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Fine jewellery in your 50s: Meet the matriarch proving age is just a number

Inside Retail

Luxury Australian jewellery brand Jan Logan is built on traditions of excellence, modernity and creativity. The family-run business opened its first shop in the Royal Arcade in the Sydney suburb of Double Bay in October 1989 and currently has three locations after opening and closing stores locally and overseas. At the time, Jan Logan, the founder of the eponymous jewellery brand, was in her 50s and had already lived a full life in rural NSW with her husband and three sons.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Hyatt Expands Dreams Estrella del Mar Mazatlan Golf & Spa Resort

Retail Wire

Hyatt Hotels Corp., through its Inclusive Collection, is expanding its presence in Mexico with the recent opening of the Dreams Estrella del Mar Mazatlan Golf & Spa Resort.

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Innovating or just keeping up? Here’s why retailers struggle to change

Inside Retail

How many psychologists does it take to change a light bulb? One, but the light bulb has to want to change. And so it goes with organisations and the executives who lead them. Of course, pretty much everybody says they want to change. In fact, every organisation I have ever worked with on their innovation and growth strategy, and virtually every senior leader I have ever advised, didn’t just say they want to change – they insist they have no choice.

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Americans Might Be out of Luck if They’re Hoping for a Late-Night Meal

Retail Wire

Americans who work late night shifts, enjoy night-time socializing, or simply prefer nocturnal hours, may not find as many late-night meal options as they might have during pre-pandemic times.

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The founder of By Charlotte knows exactly who her customer is and what they want

Inside Retail

Charlotte Blakeney built the cult jewellery label By Charlotte from the ground up following a successful 20-year career as a makeup artist in fashion and advertising. The breakthrough moment for By Charlotte has become somewhat legendary throughout the fashion industry with the brand’s lotus necklace serendipitously landing on the cover of Marie Claire around supermodel Rosie Huntington-Whiteley’s neck.

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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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Small Businesses Such as Red Rooster Now Offering Childcare To Retain Staff

Retail Wire

The rising costs of childcare have led some parents to opt out of the workforce altogether, leading to a significant challenge for small businesses. In response to high turnover rates, some small businesses are tackling this issue head-on by offering on-site childcare as a practical solution.

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Ted Baker to close stores and cut 145 jobs as it appoints administrators

Retail Gazette

Ted Baker is to close 11 of its UK stores as it appoints administrators, with 145 job set to be lost at the retailer. More to follow.

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Battling shrink and theft across the globe

Retail Dive

Retailers are trying numerous strategies — from technology to teamwork — to minimize losses.

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M&S Food launches biggest-ever marketing campaign with Michelin star chef Tom Kerridge

Retail Gazette

M&S Food has launched its biggest-ever marketing campaign with its latest ‘Farm to Foodhall’ creative starring Michelin-starred chef Tom Kerridge. The campaign, which runs for 18 weeks, will see Kerridge visit the retailer’s Select Farms across the country to tell the stories behind the products. It will be showcased across TV, press, out-of-home (OOH), PR, social, paid and organic digital, until early June, and after the Euros will return to all above-the-line channels fro

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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99 Cents Only files for Chapter 11

Retail Dive

The bankruptcy filing comes just days after the discount retailer announced plans to liquidate and close all stores.

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Ebay joins Depop in ditching fashion selling fees

Retail Gazette

Ebay UK has scrapped selling fees for pre-worn clothing in an effort to encourage circular fashion. Items already listed on the online marketplace before today (April 8) will also benefit from no selling fees, Drapers reported. Ebay said the move was prompted by its consumer research that found only 25% of shoppers sell their unwanted clothes, despite 92% of adults saying they have over one items of clothing they haven’t worn in the last 12 months.

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Yeti opens first New York store

Retail Dive

The cooler maker’s 20th store, featuring a large customization space, comes as the brand reached $1 billion in sales last year in the drinkware category.

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CP Group Rebrands 1.2 Million-Square-Foot CNN Center in Downtown Atlanta to The Center

Shopping Center

Atlanta — CP Group has rebranded CNN Center, an iconic 1.2 million-square-foot office and retail building in downtown Atlanta, to The Center. The property has served as the headquarters for… The post CP Group Rebrands 1.2 Million-Square-Foot CNN Center in Downtown Atlanta to The Center appeared first on Shopping Center Business.

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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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Petco faces downgrades amid sales, profit and share declines

Retail Dive

Analysts from S&P Global Ratings and Bank of America said the pet retailer’s struggles are likely to continue this year and possibly into 2025.

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As Ted Baker store closures begin, what went wrong?

Retail Gazette

Ted Baker is set to close 15 UK stores and cut some head office roles, as administrators take action to try to save the fashion brand. Although landlords have served notice on four of those sites, the others were loss-making stores that the administrators deemed to have “no prospect of being returned to profitability, even with material rent reductions” They said the closures were a “constructive and necessary step in ensuring the business can deliver a profitable trading perfo

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Uniqlo to open first stores in Texas, expand in California

Retail Dive

The upcoming openings will build on Uniqlo's plan to reach 200 stores in North America by 2027.

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Topgolf to Open New Venue in Durham, North Carolina

Shopping Center

Durham, N.C. — Topgolf plans to open a new venue in south Durham on Friday, April 12. The new Topgolf will represent the third Topgolf in North Carolina, with the… The post Topgolf to Open New Venue in Durham, North Carolina appeared first on Shopping Center Business.

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Activating Intent Data for Sales and Marketing

Sales and marketing leaders have reached a tipping point when it comes to using intent data — and they’re not looking back. More than half of all B2B marketers are already using intent data to increase sales, and Gartner predicts this figure will grow to 70 percent. The reason is clear: intent can provide you with massive amounts of data that reveal sales opportunities earlier than ever before.