Tue.Nov 21, 2023

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Navigating shifting tides of 2023 holiday shopping trends

Retail Customer Experience

As shopper spending undergoes yet another transformation this year, retailers hold the key to making this holiday season beneficial (and profitable) for shoppers, shareholders and suppliers’ brands by adapting to the shopper’s life and her perception of value.

Shopping 115
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When Customers Aren’t Holiday Shopping, They’ll be Streaming

Retail TouchPoints

The winter holiday season is a critical time for retail. November and December holiday sales average around 19% of total retail sales, per the NRF , and this share can be even higher for some department stores and specialty retailers. Emarketer anticipates that holiday retail sales will grow 4.5% this year to surpass $1.3 trillion. The stakes have never been higher!

Shopping 278
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American Eagle Shares Plummet After Holiday Sales Forecast

Retail Wire

American Eagle saw its share price drop roughly 17% on Tuesday, sparked by a holiday projection that failed to meet market expectations.

Marketing 264
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GoodwillFinds Adds Returns Capability to Better Compete with Other Resale Platforms

Retail TouchPoints

GoodwillFinds — the online ecommerce platform of the 120 -year-old nonprofit Goodwill — has teamed up with return assurance platform Seel to better “compete with other digital resale websites” by offering returns. GoodwillFinds customers can now purchase return assurance for any item, spanning every category on the site — from clothing and shoes to luxury and vintage items to electronics and housewares.

Returns 264
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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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Southwest and American Airlines Strikes May Be Coming

Retail Wire

American Airlines flight attendants have asked for permission to strike, and Southwest pilots may be next.

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Hoops Reality: Foot Locker Becomes NBA Official League Marketing Partner

Retail TouchPoints

As part of a recently signed multiyear agreement, Foot Locker has become an official National Basketball Association league marketing partner in the U.S., unlocking a multitude of brand-building benefits for the struggling retailer. The collaboration will engage fans throughout the NBA season, including at marquee events like the NBA All-Star Game, and Foot Locker will receive media exposure across platforms including on-court virtual signage and on NBA social channels.

Marketing 264

More Trending

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Binance CEO Steps Down After $4 Billion DOJ Settlement

Retail Wire

The founder of Binance has resigned from his CEO post and agreed to plead guilty to the DOJ's anti-money laundering charges.

Finance 258
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Walmart Business Launches New Holiday Tools for SMBs

Retail TouchPoints

Walmart Business has spent the last year building out its solutions and services for SMB customers, including a dedicated membership offering and tailored app experience. Now Walmart is helping small businesses prepare for holiday office celebrations. Walmart Business has launched its Holiday Party Shop and Employee Gift Finder solutions, to help businesses and nonprofits prep for holiday parties so they can save time and money.

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Miniso records “best quarter” yet as revenue soars 37 per cent

Inside Retail

Chinese discount variety store Miniso posted unaudited revenue of US$519.6 million for the September quarter, representing a 36.7 per cent year-over-year increase. Sales from China were up 34.7 per cent to $342.1 million, primarily driven by a 41.2 per cent increase in revenue from Miniso’s offline stores and a 46.1 per cent increase from Top Toy, the company said.

Marketing 246
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Walmart Aims to Streamline Sourcing with New Integrated Platform

Retail TouchPoints

Walmart is working with Bamboo Rose to develop and implement an enterprise sourcing platform (ESP) designed to bring together disparate systems and improve efficiencies with the retailer’s tens of thousands of suppliers around the world. The solution will support Walmart’s new global multicategory sourcing structure, which supports an EDLC (everyday low cost) operational model.

Marketing 173
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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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Is Jim’s Beauty set to flop like Harley-Davidson perfume – or could it be branding genius?

Inside Retail

Jim’s Group – best known for Jim’s Mowing and Jim’s Plumbing – this week announced a surprising brand extension. It’s Jim’s Beauty , offering “professional beauty treatments in the comfort of your chosen space”. It’s surprising because Jim’s Group got its start mowing lawns, then extended into related businesses , including dog washing, pest control and roofing.

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The Fragrance Shop Unveils Experiential Flagship Store on Oxford Street, London

Retail Focus

The Fragrance Shop, is thrilled to announce the grand opening of its brand new experiential flagship store on Oxford Street, London. This 2,300 sq ft store, the first of its kind, promises an unparalleled fragrance shopping experience like no other. Located on the vibrant Oxford Street, The Fragrance Shop’s flagship store sets a new standard in fragrance retail.

Shopping 162
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The problem with beauty advent calendars

Inside Retail

I’ve had a tumultuous relationship with the beauty advent calendar. Once, I had the idea to create one. That is the truth. After months and months of back and forth with an offshore manufacturer and an artist, 200 beauty advent calendars arrived in the office. The whole team hustled to fill each box with miniature beauty products, wrapping them individually in pretty pink tissue paper before placing them inside a beautifully designed, numbered box.

Shipping 238
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Need short-term graphics? Then you need Dorotape

Retail Focus

Every retailer, and every graphics installer, has the need for short-term, self-adhesive window and wall graphics that are easy to remove without leaving any adhesive residue. New Year’s sales are a perfect example of one of those times. We’re happy to report that Dorotape have the perfect solutions. Easy to remove self-adhesive graphics from two market-leading manufacturers.

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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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‘Wowzers’: Abercrombie & Fitch posts stunning results in subdued market

Inside Retail

Abercrombie & Fitch Co has posted a double-digit increase in net sales for the third quarter that ended October 28, led by the sharp growth of the Abercrombie brand. The company’s net sales were up 20 per cent to US$1.1 billion (up 19 per cent on a constant currency basis), while total comparable sales rose 16 per cent. The Abercrombie brand’s sales jumped 30 per cent to $547.7 million, with Hollister up by 11 per cent to $508.7 million.

Marketing 173
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Kohl’s CEO shifts focus back to stores: ‘The digital business is really what’s bringing us down’

Retail Dive

The department store notched more declines in Q3. But store comps were stronger, thanks in part to its Sephora partnership, and margins grew.

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Surprise, delight, repeat: your expert guide to email audience segmentation

Inside Retail

Many retailers perceive email and SMS marketing as merely a means to create sales opportunities or build brand awareness. But smart retailers know that creating memorable, personalised interactions can foster long-term customer loyalty by building genuine engaged relationships with customers. By using audience segmentation , retailers can create experiences that surprise and delight customers, turning them into raving fans.

Apparel 130
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What to expect this Black Friday, Cyber Monday

Retail Dive

Retail sales and seasonal budgets this year are expected to rise, but consumers anticipate buying fewer gifts with less bang for their buck.

Consumer 133
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Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions

Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.

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“We want a presence across key airports in APAC”: Lego’s regional president

Inside Retail

Earlier this month, the Lego Group marked its entry into the travel retail space in Singapore with the opening of two Lego Airport Stores at Singapore Changi Airport. Located at Terminals 3 and 4, the new stores showcase the brand’s ‘retailtainment’ concept, which aims to inspire creativity, build brand love and encourage hands-on play. Both stores will display the Singapore-exclusive HSBC Rain Vortex – the world’s tallest indoor waterfall located in Jewel Changi Airport.

Kiosk 130
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A Single Bottle of Macallan Adami Whiskey Sold for $2.7 Million

Retail Wire

In a Sotheby's auction in London, a rare 1926 Macallan Adami single-malt whiskey sold for $2.7 million.

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Best Buy sales fall 8% as electronics demand stumbles

Retail Dive

The retailer lowered its guidance as a result of consumer uncertainty, but CEO Corie Barry said the sector should stabilize next year.

Consumer 126
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Detroit Casino Workers Reach Historic Agreement, Yet Strike Continues

Retail Wire

2,100 Detroit casino workers have approved a contract proposal, bringing a 34-day strike to a halt for two of three casinos.

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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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Holiday shoppers to spend an average $875 this season: NRF

Retail Dive

While the apparel category has seen mixed results this year, it will be a popular gift choice, according to a new survey.

Apparel 124
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Gas Prices Are Decreasing Across the Nation

Retail Wire

Could this be a good sign for gas prices?

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Colour-drenched coffee shop by Uchronia references "sunsets in the Tunisian desert"

Dezeen

Gradated lava stone flooring and suspended planet-like orbs feature at the Cafe Nuances coffee shop in Paris , which was created by Dezeen Awards -nominated studio Uchronia. Located on the city's Rue de la Tremoille, the coffee shop is the third Uchronia -designed branch for Parisian coffee roaster Cafe Nuances. Cafe Nuances' latest branch has a bright white facade The one-room shop is fronted by a bright white facade in stark contrast to its vivid-hued interior.

Shopping 120
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Listeria Outbreak Linked to Stone Fruits Kills 1 and Hospitalizes 10

Retail Wire

A Listeria outbreak has proven deadly, as one person died and 10 were hospitalized after eating peaches, nectarines, and plums.

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Turn Your Website Into a Money-Maker: Tips for Small Business Success

Your website can be more than just a digital presence—it can be a thriving profit center. Discover proven strategies to monetize your website, whether you sell physical products, digital downloads, or services. Learn the importance of user-friendly design, high-quality content, and tailored marketing to meet audience needs and boost engagement. Explore options like e-commerce, affiliate marketing, and subscriptions, and use analytics to optimize for success.

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Ikea launches mattress recycling scheme in the UK

Retail Gazette

Ikea has launched a new mattress removal and recycling scheme as part of its sustainability efforts. The home furnishings retailer’s latest initiative will transform old mattresses into raw materials, which can then be used for new products. Customers are required to book a collection for their mattress, either online or in-store for £40 per item.

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Here’s How To Get Lower Prices on Black Friday Deals

Retail Wire

By stacking coupons, watching for sales, and using browser extensions that add even deeper discounts, shoppers can find Black Fridays deals with a little legwork.

Shopping 130
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Crate and Barrel debuts virtual store

Retail Dive

The immersive experience, based on its new NYC flagship store, lets users take an interactive tour of eight rooms and request free services from design experts.

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Venmo and Cash App Users Sue Apple Over Antitrust Laws

Retail Wire

Apple finds itself at the center of an antitrust lawsuit against Venmo and Cash App users.

ATS 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