Retail Wire

AUGUST 7, 2024

Rivian Automotive Inc. has reaffirmed its annual financial guidance while reporting its second-quarter 2024 results.

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Inside Retail

AUGUST 7, 2024

CashRewards’ acquisition of Little Birdie this week reflects the growing importance of artificial intelligence (AI) as a competitive factor in retail. Little Birdie is an AI-powered price-comparison shopping platform that launched in 2021, with $30 million in funding from the Commonwealth Bank of Australia, before suspending operations in May. Cashback platform CashRewards said it will relaunch Little Birdie as soon as September and definitely before the busy Black Friday trading period, and it

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Comparison Shopping Payment Services Checkout Shopping 289

Retail Wire

AUGUST 7, 2024

Popeyes has unveiled two new limited-time menu items for consumers to enjoy as the summer winds down.

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Consumer 298

Inside Retail

AUGUST 7, 2024

Myer has flagged a drop in profit for this fiscal year, largely due to underperformance at its three specialty brands amid macroeconomic challenges. The department store chain expects net profit after tax of between $50 million and $54 million for FY24, compared to $71.1 million in the prior year. The company attributed this to the underperforming Sass & Bide, Marcs and David Lawrence labels amid a weak trading environment and additional discounting.

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Retail TouchPoints

AUGUST 7, 2024

Amazon Canada has added new delivery windows for Prime members in Greater Toronto, southwestern Ontario and metro Vancouver, including overnight delivery that allows customers to place an order as late as midnight and see it on their doorstep the next morning. Items available for this new delivery will be marked “Prime Overnight” in search results and on product detail pages, with a choice of two delivery windows: 4 a.m. to 8 a.m. or 7 a.m. to 11 a.m.

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Customer Experience Fulfillment 275

Inside Retail

AUGUST 7, 2024

Columbia Sportswear will open its second premium Australian flagship store in Sydney’s CBD on August 17. The store will be located at the corner of Park and George Street and will feature exclusive events, special releases, limited edition capsules, premium collections and everyday wear. The sportswear retailer has a flagship store in Melbourne CBD. “The first of its kind in the world, this flagship store will showcase custom ceiling logo lights, a Heritage Wall showcasing our histor

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Outdoor Location Management ATS 282

Retail Wire

AUGUST 7, 2024

Google has shared details regarding the new design elements of its Nest Thermostat and Google TV Streamer.

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Retail TouchPoints

AUGUST 7, 2024

After a little more than a year in his role as EVP and Chief Consumer Officer, Jim Dausch has stepped down from his post at Under Armour , according to an SEC filing from the company. Although the Chief Consumer Officer role will not be filled, longtime Adidas executive Eric Liedtke will join the company as EVP of Brand Strategy, filling the brand leadership gap.

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Drop-Shipping Wholesale Customer Experience Shipping 264

Retail Wire

AUGUST 7, 2024

Disney reported positive earnings in the third quarter for its direct-to-consumer streaming services.

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Consumer 264

Retail TouchPoints

AUGUST 7, 2024

When Hurricane Beryl barreled its way across the Caribbean in early July, leaving a trail of destruction, it was the earliest Category 5 Atlantic hurricane ever recorded. This is not a good sign for what was already predicted to be an above-normal Atlantic hurricane season , which runs from June through November. The frequency and severity of extreme weather events like what we have seen in recent years serves as a wake-up call for companies and consumers alike.

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Returns Consumer Management ATS 263

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Finance

Retail Wire

AUGUST 7, 2024

Walmart introduced the virtual shopping platform Walmart Realm in May. Now, it has improved the immersive experience to help college students find the decor, clothing, and essentials of their dreams.

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Shopping 263

Retail TouchPoints

AUGUST 7, 2024

Pet Valu is partnering with commercetools , Google Cloud and Deloitte to drive its digital commerce transformation. The Canadian specialty pet retailer implemented commercetools through the Google Cloud marketplace and has successfully modernized its digital architecture in just under a year. The composable commerce platform is empowering Pet Valu to build scalable solutions, accelerate speed to market for best-of-breed features and capabilities and improve the overall site experience to keep pa

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Marketing Retail Marketing ATS Customer Experience 263

Retail Wire

AUGUST 7, 2024

Google has released a new blog detailing the new design elements of their Nest Thermostat and Google TV Streamer.

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Inside Retail

AUGUST 7, 2024

Shein appears to be doubling down on its designer program “Shein X” with its latest collaboration with premium Australian designer Alice McCall. While many speculate about the reasons that established designers are partnering with the ultra-fast fashion company, it is apparent that Shein is using the program to separate itself from accusations that it trades in dupes and copycats.

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Fashion Fast Fashion Accessories Consumer 246

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Marketing

Retail Wire

AUGUST 7, 2024

The restaurant has apparently cracked the code to retaining customers in tough economic times.

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Retail Focus

AUGUST 7, 2024

Sportswear brand Castore is set to open at Derbion after signing a 10 -year lease for a 1,771 sq ft unit on the second level of the centre next to Foot Locker. Castore , which was founded in 2015 in Manchester, is a sportswear and athletic clothing brand which supplies leading sports teams including the England Cricket Team, Red Bull and McLaren Formula One teams, as well as football shirts for the likes of the Republic of Ireland, Rangers, Bayer Leverkusen, and Everton.

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ATS Management 147

Inside Retail

AUGUST 7, 2024

Coopers Brewery has unveiled its $70 million home of Coopers in Adelaide, which will open its doors on August 28. The new facility, located next to the current brewery, has a restaurant and three bars, an expansive outdoor plaza dining and family areas, a microbrewery, and a whisky distillery. “This is one of the most exciting projects we’ve undertaken in the 162-year history of Coopers Brewery,” said MD Tim Cooper.

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Outdoor Location 147

Retail Focus

AUGUST 7, 2024

Grosvenor has announced that British fashion retailer, AllSaints , has returned to Liverpool ONE, launching a pop-up on Peter’s Lane. The return of the leading fashion brand underlines Liverpool ONE’s commitment to responding to consumer demand, and curating an ever-evolving and relevant line-up of retailers. Since its launch in 1994, AllSaints has remained a national fashion favourite, spotlighting an ongoing commitment to authenticity and individuality.

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Advertising

Inside Retail

AUGUST 7, 2024

An Australian man is set to appear in court on Wednesday after being arrested for the alleged theft of more than $600,000 worth of commemorative coins linked to the popular children’s television show “Bluey”, police said. The 47-year-old is accused of stealing 64,000 unreleased, limited-edition $1 coins from a warehouse in the Sydney suburb of Wetherill Park in June, according to “Strike Force Bandit”, a special unit police set up to investigate the theft.

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ATS Supermarket 147

Retail Focus

AUGUST 7, 2024

We’ve all experienced it – that sleepy, sluggish feeling that sets in after eating a big lunch. Known as the ‘post-lunch dip’, this common occurrence can seriously impact our productivity and focus in the afternoon. But with a few simple strategies, you can avoid the dreaded food coma and stay energised throughout the workday.

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ATS Promotions Planning 130

Inside Retail

AUGUST 7, 2024

Ralph Lauren has posted a modest increase in sales and a surge in profit for the first quarter despite a challenging luxury market. The company’s revenue for the quarter ended June 29 was $1.5 billion, up 1 per cent on a reported basis and 3 per cent in constant currency. According to GlobalData MD Neil Saunders, the slight increase was delivered against a very difficult environment for luxury and consumer spending.

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Marketing Wholesale Consumer Planning 130

Retail Focus

AUGUST 7, 2024

Choosing the best insurance for your business is crucial for ensuring employee well-being and company stability. Business health insurance is not just about compliance; it’s about ensuring the well-being of your employees, which can boost productivity, morale, and loyalty. Here’s a guide to help you navigate the process of finding the best business health insurance in the UK.

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Planning ATS 130

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Marketing

Inside Retail

AUGUST 7, 2024

While Western brands have been going head-to-head to win the Olympic sponsorship battle, Chinese brands perhaps are enjoying the biggest gain in the world’s sporting event. Brands gaining exposure DaoInsight reported Chinese table tennis player Fan Zhendong, who won the gold medal last week, went viral with the topic, #Fan Zhendong is the spokesperson of Anta chosen by God’, which generated 21.43 million views on Weibo.

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Retail Focus

AUGUST 7, 2024

Like many modern industries, retail and e-commerce have taken full advantage of the internet to bring their products to more people than ever before. However, as online services continue to develop, these businesses rely on customers having speedy, readily available internet access. That includes mobile, which has overtaken desktops for online browsing.

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Consumer Marketing ATS 130

Inside Retail

AUGUST 7, 2024

In an era marked by relentless competition and rapidly evolving consumer behaviours, retail businesses find themselves at a crossroads. Traditional transactional models, once the cornerstone of commerce, are increasingly proving inadequate in fostering lasting relationships with customers. The contemporary landscape is transforming from fleeting transactions to the demonstration of genuine value and adoption of enduring loyalty.

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Retail Wire

AUGUST 7, 2024

Elon Musk and X are making waves with a new move that's bound for more controversy.

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Advertising 130

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Retail Dive

AUGUST 7, 2024

The secondhand apparel company is also exploring strategic alternatives for Remix. Meanwhile, it reported a drop of nearly 4% in revenue in Q2.

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Apparel 126

Retail Wire

AUGUST 7, 2024

CVS lowered its 2024 adjusted earnings per share projections for the third time.

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Retail Dive

AUGUST 7, 2024

The results for the quarter, which included online sales decreasing nearly 26%, show a company "that remains in freefall," according to one analyst.

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Retail Wire

AUGUST 7, 2024

Amazon Canada has announced significant improvements to its same-day delivery service, now available in the Greater Toronto Area, Southwestern Ontario, and Metro Vancouver.

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