Mon.Jan 08, 2024

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Smash-and-Grab Is Only One Part of a Retailer’s Loss Prevention Story

Retail TouchPoints

Ever since a bold, mob-style group ransacked a California Nordstrom , we’ve seen increasing news of retail theft and loss. We’ve also witnessed an increase in retail earnings reports that cite shrink and organized retail crime (ORC) as the cause for reduced profitability compared to previous quarters. Yet despite the growing frequency of ORC, retailers would be remiss to focus their loss prevention efforts solely on these brazen, smash-and-grab scenarios.

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Oscar Mayer Will Hire Hotdoggers for $35,600 To Drive the Weinermobile

Retail Wire

Are you someone who enjoys adventure and wouldn't mind touring the country in one of America's most iconic vehicles? If yes, you might be one of the people Oscar Mayer is seeking.

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Inclusive Aussie intimates brand Nala launches J Cup bras

Inside Retail

Australian size-inclusive intimates brand Nala has launched its newest product, which will expand its size range created exclusively for J cups. The Support Wirefree Bralette, which was released this week, is intended to give a solution for women with larger busts. The line features a blend of recycled mesh and plant-based signature fabric, available in black and ‘desert dust’ Nala discovered a market niche for women with larger bust sizes and launched a size-inclusive lingerie sol

Marketing 284
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Billion-Dollar Duel Between Berkshire and Haslams Canceled

Retail Wire

The much-anticipated billion-dollar court trial determining whether Berkshire Hathaway used improper accounting techniques in their purchase of the Haslam family's minority stake in Pilot Travel Centers was surprisingly canceled. Instead of a trial, the two sides have agreed to a settlement, though the terms were not disclosed to the public.

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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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Oporto Australia gets a new head of marketing, Ben Simmons

Inside Retail

Craveable Brands has named Ben Simmons as the new marketing director for Oporto Australia, effective from late last year. Simmons was previously the GM of marketing and operations for Taco Bell at Restaurant Brands Australia and the senior marketing manager at KFC. Simmons has 20 years of marketing and fast food business experience, having previously worked for companies such as Kit Kat, Uncle Toby’s, and Diet Coke in Australia and the UK.

Marketing 278
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Eli Lilly Launches DTC Platform Offering Direct Access and Home Delivery for Some of its Drugs

Retail TouchPoints

One of the largest pharmaceutical companies in the world, Eli Lilly , is going DTC with the launch of the new LillyDirect platform, which offers disease management resources and home delivery of select Lilly medicines. At the outset, LillyDirect is focused on three conditions — obesity , migraines and diabetes. But the company said that the platform will continue to be “updated and expanded” with future updates, potentially including the addition of new products and services such as programs to

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Retail tech stack, Inventory Management, and Retail Hygge - Weekly Snacks #86

Tokinomo

Happy New Year! In this first Weekly Snacks edition for 2024 we’ll show you the best ads and campaigns at the moment, retail trends and technology to keep an eye on, and opinions from experts that will help you.

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L’Occitane Combines CEO and Managing Director Roles

Retail TouchPoints

The L’Occitane Group has streamlined its leadership structure, combining the responsibilities of CEO and Group Managing Director and naming current Group Managing Director Laurent Marteau as its new Group CEO. Acting CEO André Hoffmann will step down from this position but will remain an Executive Director and member of the Group’s board. Marteau has 20+ years of experience in global beauty, working in various senior management roles for the LVMH Group for 15 years.

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Cathay Pacific Cancels More Than 80 Flights

Retail Wire

Airline Cathay Pacific has recently been in the spotlight after canceling more than 80 flights since Christmas Eve, leaving passengers worried about potential further interruptions.

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Albertsons Hosts Competition for Emerging Natural and Specialty Brands

Retail TouchPoints

Albertsons is accepting applications for its second annual Innovation Launchpad competition , seeking up-and-coming specialty and natural brands representing food, beverage and pet products. Applications can be submitted through Jan. 19, 2024, and 50 finalists will be chosen to present their brands to a panel of judges. Awards for the top three winners will be presented at the Natural Products Expo West in Anaheim, Calif. on March 13.

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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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The digital-led trends that will drive consumers to check out in 2024

Inside Retail

Consumers empowered by social media are now dictating to brands which trends they need to meet. Pinterest recently forecasted the biggest consumer-led trends for 2024 with its Pinterest Predicts report using its search engine database which has over 400 million monthly users. Niche aesthetics continues to take a front-row seat for both buyers and brands as they attempt to keep up with social media trends.

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17-Year-Old Makes Over $30K Per Month With Amazon Side Hustle

Retail Wire

17-year-old Bella Lin used her $2,000 savings to start an Amazon side business, which she created to solve the problem of disappearing pet guinea pigs.

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Instacart Expands In-Store Retail Media Offering with Addition of Smart Cart Ads

Retail TouchPoints

Instacart is bringing advertising to its AI-powered smart shopping carts, Caper Carts. The new offering will be piloted at Good Food Holdings’ Bristol Farms stores in Southern California, with additional retail partners rolling out in the months ahead. Image courtesy Instacart. The smart cart ads will bring the kind of personalized, dynamic advertising traditionally only seen online into the physical aisles of the grocery store.

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Taylor Swift Dominated Concert Ticket Sales in 2023

Retail Wire

With her powerful performances and enormous appeal, Taylor Swift significantly influenced the music scene in 2023. Her Eras Tour turned out to be the highest-earning tour of the year.

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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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How Amazon Uses AI to Enhance Online Apparel Shopping

Retail TouchPoints

One of the first criticisms leveled at online apparel sellers was customers’ inability to try products on prior to purchase — and despite many advances in technology, that fact remains a major ecommerce challenge. However, Amazon is using AI to try to close the appearance vs. reality gap in multiple ways. According to a blog post written by Apoorv Chaudhri, Director of Computer Vision and Machine Learning at Amazon Fashion, AI-powered solutions now offer Amazon shoppers: AI-driven size recommend

Apparel 147
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Hyundai and Kia Thefts Surge Over 1,000% Since 2020

Retail Wire

Particular Hyundai and Kia models have experienced a tenfold spike in thefts over the past three years, which is a substantial rise correlated to social media posts giving information on ways to steal these cars.

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From Shein to Chanel: Why we’re in the age of pop-ups

Inside Retail

From Shein to Chanel, Skims to Supreme, more and more retailers seem to be investing in temporary brick-and-mortar locations, more commonly known as pop-up shops. The use of temporary retail spaces is certainly not a new concept, it has been around for centuries. But the term pop-up is relatively recent. It can be traced back to the late ’90s, when, in 1997, media entrepreneur Patrick Courrielche launched an event in Los Angeles dubbed The Ritual Expo, bringing together music, fashion, and food

Fashion 130
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Nassau Shatters Cruise Record, Viral TikTok Safety Tips, and More

Retail Wire

This week, the cruise world was filled with excitement, from Nassau's record-breaking event and TikTok's viral safety tips to a new ship and updated dining and entertainment options from various cruise lines.

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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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From Seoul to Singapore: Gopizza’s meteoric growth and global plans

Inside Retail

In the competitive landscape of Singapore’s Food and Beverage (F&B) industry, one name has rapidly emerged as a force to be reckoned with – Gopizza. Touted as Korea’s leading AI-powered pizza brand, Gopizza has not only captured the taste buds of locals but has also left an indelible mark on the market in just three years since its launch.

Planning 130
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Apple’s 2024 Stock Sees Worst Start in Over 40 Years

Retail Wire

Apple's commencement into 2024 has been bumpy. The tech giant's shares have dropped for the first four trading sessions of the year, marking the first such occurrence in over 40 years.

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Watch out Peloton: Home exercise rival Speediance launches Down Under

Inside Retail

Exercise equipment retailer Speediance has launched in Australia, targeting home fitness enthusiasts of all ages. The Shenzhen-headquartered company could be considered a rival of American company Peloton which launched its exercycle-based solution in Australia in 2021. Currently, Speediance is offering home gym equipment – dubbed Smart Gym – for $3999 and Smart Gym Lite for $2799.

Planning 130
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Audacy Files for Bankruptcy and Restructures

Retail Wire

In a major step toward reviving its financial health, Audacy, the leading, scaled multi-platform audio content and entertainment company, has successfully negotiated a prepackaged restructuring plan with its debt holders. In a win-win situation, the company has filed for Chapter 11 bankruptcy protection to facilitate the implementation of the agreed-upon plan.

Planning 130
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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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Lego reveals new Apac leadership

Inside Retail

The Lego Group has appointed Claus Kristensen as its new senior VP for Asia Pacific (Apac) to oversee the region and newly reshuffled business units. Kristensen will succeed Eric Maugein, who stepped down after nearly 20 years at the company to begin a new chapter in his career. An 11-year veteran of Lego, Kristensen previously worked in the region as VP of Marketing and B2B e-commerce.

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Online Eyewear Retailers Redefine the Customer Experience through Innovative Offerings

Retail Focus

Due to the immense benefits of online retail in customer reach, cost-effectiveness, and service efficiency, multiple industries have shifted to e-commerce to revolutionise business operations. These include high-end fashion brands deploying their respective e-commerce strategies to target more affluent consumers and accommodate their future shoppers.

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Streamlining Price Checks in Your Brick-and-Mortar Store

Wiser

Retail price checks, an essential aspect of retail, involve monitoring and updating the prices of goods within a store. However, with the sheer volume of products and the rapid fluctuations in market trends, this can be an overwhelming task. In the pursuit of competitive pricing and high customer satisfaction, these checks must be accurate, efficient, and consistent across all locations.

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US National Debt Crisis Is a ‘Boiling Frog’ in the Trillions, Warns JPMorgan

Retail Wire

The US national debt is like a "boiling frog," a slow but certain threat to economic stability, according to analysts at JPMorgan.

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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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120,000 retail jobs lost in 2023

Retail Gazette

More than 10,000 shops closed down in 2023, with almost 120,000 retail jobs lost according to figures from the Centre for Retail Research. The figures showed a total of 119,405 retail jobs were lost and 10,494 stores shuttered during the period. Store closures were down 38.8% compared to 2022 – retail’s worst year for store closures since 2008 – while the number of redundancies in 2023 fell by 21.3%.

Consumer 121
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7 retail trends to watch in 2024

Retail Dive

From economic pressures weighing on consumers to relocating stores away from malls, here’s what’s on retailers’ minds heading into the new year.

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Superdry sues Manchester City over alleged trademark infringement

Retail Gazette

Superdry has sued Manchester City over an alleged trademark infringement on its training kit. The football club has been met with a High Court claim from the retailer over its “Asahi super dry” training gear, the Telegraph reported. Over the summer, Manchester City revealed beer manufacturer Asahi Super ‘Dry’ would feature on its mens and womens kit during 2023-24.

Fashion 118
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Two in five retail workers say bad habits are leading to broken health and safety regulations

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! New research has revealed that over two fifths (43%) of retail workers regularly break health and safety rules because of bad habits becoming commonplace in the workplace, whilst a similar number (40%) say they break a rule when they don’t see the risk as being great enough.

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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.