Target Is Slashing Prices on 5,000+ Items To Combat Inflation
Retail Wire
MAY 21, 2024
Target has initiated a sweeping price reduction campaign, aiming to alleviate the burden of inflation on consumers while luring back wary shoppers.
Tue.May 21, 2024
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Top Bunnings management depart in ‘reshaping’
Inside Retail
MAY 21, 2024
Four executives in Bunnings’ management team have departed the hardware chain in a move that was described as a “reshaping” rather than a restructure. Chief commercial officer Ben McIntosh, chief transformation officer Leah Balter, and GM of corporate affairs Maria McCarthy have exited the company. Jen Tucker, the director of merchandise, also decided to leave following a family bereavement.
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BMW, Jaguar Land Rover, and Volkswagen Used Banned Chinese Parts
Retail Wire
MAY 21, 2024
BMW, Jaguar Land Rover (JLR), and Volkswagen (VW) have been found to have utilized components from a banned Chinese firm, implicating potential ties to forced labor practices.
Uniqlo’s US expansion: Has the parent learned its lessons?
Inside Retail
MAY 21, 2024
Fast Retailing, the parent company of Japan apparel retailer Uniqlo , has announced the locations for 11 new stores in the US, on its way to a target of 20 openings in North America this year, which in turn is the first instalment on its plan to reach 200 stores in 2027. The 11 openings so far announced are all in malls. Five of them are ‘A-quality’ malls in the metro areas of Dallas and Houston, Texas, a state in which Uniqlo so far has no physical store presence.
5 Ways You Can Win Faster with Gen AI in Sales
Advertiser: ZoomInfo
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.
Pedigree Dog Food Recall Over Pieces of Loose Metal
Retail Wire
MAY 21, 2024
The kibble recall affects the brand's 44-pound bags sold at Walmart.
Aesop revamps storefronts with algae-based window decals
Inside Retail
MAY 21, 2024
Australian beauty brand Aesop has transformed 38 of its storefronts in Australia and New Zealand with algae-based window decals. The textured decals, created by bioplastic artist and Other Matter studio founder Jessie French, are designed to be repurposed and reused in a self-sustaining closed-loop system. This provides an environmentally responsible alternative to traditional materials such as PVC.
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How Viktoria & Woods proves quality never goes out of style
Inside Retail
MAY 21, 2024
In Australian fashion, few names are synonymous with timeless elegance and versatility like Viktoria & Woods. The brand’s reputation for designing quality garments for modern and empowered women seeking style and functionality has driven its success for the past two decades. This year is shaping up to be one of many milestones for the brand, as it marks its 20th anniversary and solo show debut at Australian Fashion Week in Sydney in May.
Cheez-It Cheez-In Diner Pops Up in Woodstock for One Week
Retail Wire
MAY 21, 2024
This summer, Cheez-It fans have a new reason to hit the road to the Catskills in New York.
Little Birdie suspends operations, promises AI in the future
Inside Retail
MAY 21, 2024
Melbourne e-commerce startup Little Birdie has announced it is pausing operations for the foreseeable future. In a note to customers, the company said it will be working on an AI shopping tool in the meantime. According to Startup Daily, this email was sent to Little Birdie customers on Friday evening. It has also been posted on the company’s website, informing users that its website, app, and extension experiences are being switched off for an undisclosed period of time.
Here’s the Scoop: Petco Now Offers Dog-Friendly Ice Cream
Retail TouchPoints
MAY 21, 2024
Petco , partnering with Van Leeuwen Ice Cream and human-grade dog food brand Ollie , will offer canine-safe ice cream for hot dogs seeking a cool treat. The non-dairy peanut butter and banana recipe is now available at Van Leeuwen scoop shops across the country, as well as at most Petco locations and online at petco.com for BOPIS orders. Additionally, customers starting an Ollie subscription from June 3-13 will receive a free pint with their purchase.
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
“Pick up the rocks”: CEO on how donating $13 million of profits is good business
Inside Retail
MAY 21, 2024
Australian direct-to-consumer brand Who Gives A Crap disrupted the way consumers bought toilet paper almost a decade ago; now its CEO is challenging businesses across the supply chain to “give a crap”. Simon Griffiths is the CEO and one of three co-founders of Who Gives A Crap and is encouraging other businesses to question how sustainable their operations really are.
IPSY Hires Netflix Alum as Chief Marketing Officer
Retail TouchPoints
MAY 21, 2024
Francine Li Beauty curation and membership company IPSY has hired a new Chief Marketing Officer (CMO) to support the brand’s growth and innovation. Francine Li will report to CEO Scott Gilbertson, leading all marketing and communications to not only effectively engage current community members but also reach new customers. As someone who is deeply passionate about diversity, equity, and inclusion, Li also will work with IPSY leadership to advance these company-wide efforts. “Francine is a
How Viktoria & Woods proves quality never goes out of style
Inside Retail
MAY 21, 2024
In Australian fashion, few names are synonymous with timeless elegance and versatility like Viktoria & Woods. The brand’s reputation for designing quality garments for modern and empowered women seeking style and functionality has driven its success for the past two decades. This year is shaping up to be one of many milestones for the brand, as it marks its 20th anniversary and solo show debut at Australian Fashion Week in Sydney in May.
Unlocking Retail Growth: The Power of Network Analytics for Strategic Insights
Retail TouchPoints
MAY 21, 2024
The retail landscape is transforming, driven by rapid technological advancements and changing consumer behaviors. In this dynamic environment, making informed, data-driven decisions has become a cornerstone of competitive advantage and operational success. Against this backdrop, network analytics emerges as a pivotal tool for retailers. By analyzing data derived from network traffic, retailers can unlock profound insights into customer behavior, store performance and inventory efficiency.
10 Ways to Leverage Buyer Signals and Drive Revenue
Advertiser: ZoomInfo
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.
Vox Reveals Subscription Program as News Publishers Rally To Broaden Revenue Sources
Retail Wire
MAY 21, 2024
As Vox approaches its 10th anniversary, the company is implementing a big shift in its business model.
Consumers Use Commerce to Show They’re Global Citizens; Here’s How Brands are Responding
Retail TouchPoints
MAY 21, 2024
“Global citizenship” refers to the social, political and economic actions of “globally minded individuals and communities,” according to the United Nations. While that definition doesn’t sound like it has much to do with commerce, millennial and Gen Z consumers are increasingly using their wallets to make an impact. In response, emerging brands and designers seeking to embrace consumers’ heightened desire to be global citizens are not only prioritizing sustainable practices; they’re also embeddi
McDonald’s plans expansive global licensing program in deal with IMG
Inside Retail
MAY 21, 2024
McDonald’s has signed a multi-year deal with IMG to develop a wide range of licensed products and experiences globally. As part of the deal, IMG will be McDonald’s exclusive global licensing representative and will develop an “authentic and culture-forward” licensing program based on the brand’s legacy, global scale, and visual identity.
Hanna Andersson Taps FTD Exec for Chief Technology Role
Retail TouchPoints
MAY 21, 2024
Hanna Andersson has named Mike Frazzini, most recently Technology Chief of Staff at FTD , as its new Chief Technology Officer (CTO). Frazzini, who will report to CEO Aimée Lapic, brings 25 years’ experience in delivering effective software products, systems integrations and solutions for ecommerce, business intelligence, ERP, finance and operations.
Modernizing the Frontend Experience on Salesforce Commerce Cloud
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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.
Webjet could spin off consumer business after record sales
Inside Retail
MAY 21, 2024
Digital travel company Webjet is considering spinning off its consumer and business-facing divisions after posting record earnings for FY24. The company said it is exploring the separation of Webjet B2C business and B2B travel distribution business WebBeds into two ASX-listed entities. Webjet B2C includes ANZ-focused digital travel business Webjet OTA, motorhome and car rental e-commerce site GoSee, and travel technology company Trip Ninja.
RILA Debuts Greenhouse Gas Measurements Database for Consumer Products
Retail TouchPoints
MAY 21, 2024
The Retail Industry Leaders Association has partnered with Optera to launch the Direct-Use Product Emissions Database (DPED) , to provide retailers and their suppliers with an aligned database for quantifying greenhouse gases emitted during use by appliances, electronics and power equipment. The DPED’s goal is to foster uniform metrics for comprehending and managing scope 3, category 11 direct-use emissions across the industry.
Rutherford Mall sold for $50 million
Inside Retail
MAY 21, 2024
Charter Hall Retail has sold Rutherford Marketplace, a ‘non-core asset’, for $49.75 million. The sale value represents a small premium over the centre’s book value as at last December. Charter Hall will use the proceeds from the sale to reduce debt within the RP1 retail partnership, of which the company has owned half since the partnership’s inception in 2011, alongside TelstraSuper.
Passenger Killed on Singapore Airlines Flight Due to Flight Turbulence
Retail Wire
MAY 21, 2024
There were 211 passengers and 18 crew members on board.
Signal-Based Selling: How to Leverage 4 Key Buying Signals
Advertiser: ZoomInfo
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.
Why LSKD’s chief retail officer schedules ‘possibility’ time to get work done
Inside Retail
MAY 21, 2024
Alex Shaughnessy is Australian athleisure brand LSKD’s chief retail officer and the former director of retail for Lululemon ANZ and head of retail at global eyewear retailer Bailey Nelson. Here Shaughnessy shares how she maintains a work-life balance leading LSKD’s retail team during a growth phase of retail store rollouts. My mornings look like… I wake up, take a walk and grab a coffee – fresh air (and caffeine) first.
Mango increases UK presence with a store in Angel Central
Retail Focus
MAY 21, 2024
CBRE Investment Management has announced Mango , one of Europe’s leading fashion brands, has opened at Angel Central , the retail and leisure destination located in the heart of Islington, as the brand continues to roll out its ambitious expansion plans. The leading retailer has opened a 3,200 sq ft unit on Angel Central’s ground floor, exclusively stocking Mango’s womenswear lines.
Neuralink Gets FDA Approval for Second Brain Implant Patient
Retail Wire
MAY 21, 2024
Neuralink has been approved to implant a chip into a second patient.
Wendy’s sold to global restaurant management firm Flynn
Inside Retail
MAY 21, 2024
The New Zealand business of burger restaurant chain Wendy’s has been sold to US franchise operator Flynn Group, marking the company’s first change in ownership in more than three decades. The Lendich family, which has operated the franchise since 1988, put it up for sale in June 2022. The franchise includes 22 restaurants with 12 stores in Auckland, eight in other parts of the North Island, and two on the South Island.
Website Security Essentials: Protect Your Site and Strengthen Cybersecurity
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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.
Norwegian Cruise Line Is a Top Performer Partially Due To Millennials and Gen Z
Retail Wire
MAY 21, 2024
Norwegian Cruise Line saw a Q1 2024 boom and increased sales.
Why money-can’t-buy experiences are key to Mytheresa’s success
Inside Retail
MAY 21, 2024
Last week, luxury e-commerce platform Mytheresa posted strong third-quarter growth at a time when many luxury retailers, both online and brick-and-mortar, are struggling to maintain stability let alone grow. Mytheresa reported €233 million ($380 million) in net sales in the quarter ending March 31, a 17.6 per cent gain from the €198.9 million ($323 million) the year before.
Scarlett Johansson Reveals That OpenAI Reached Out to Her To Use Her Voice
Retail Wire
MAY 21, 2024
OpenAI announced it is discontinuing one of ChatGPT's voices after users highlighted its resemblance to Scarlett Johansson.
Queensland’s Market Central Lutwyche shopping centre for sale
Inside Retail
MAY 21, 2024
Northern Brisbane’s Market Central Lutwyche, home to Aldi, Coles, and Woolworths supermarkets , is up for sale. Its owner has tapped Stonebridge’s Carl Molony, Philip Gartland, and Justin Dowers, along with JLL’s Nick Willis and Sam Hatcher, to sell the property through an expressions-of-interest campaign. Aside from the three major supermarkets that generate over $121 million in sales, Market Central Lutwyche also has leasing agreements with two mini-majors, 29 specialties, 10
Activating Intent Data for Sales and Marketing
Advertiser: ZoomInfo
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.
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