Tokinomo

JUNE 28, 2024

In today's ever-evolving business landscape, demand creation has become a crucial aspect of success for companies across industries. As traditional marketing methods become less effective, businesses are turning towards next generation demand creation strategies to drive growth and stay ahead of the competition. In this article, we will explore the concept of next generation demand creation, the role of technology in demand creation, strategies for implementation, challenges, and solutions, as w

Marketing 130

Marketing 130

Retail TouchPoints

JUNE 28, 2024

Saks Fifth Avenue is doubling down on its luxury personal shopping and styling service, The Fifth Avenue Club. One year after its launch as a standalone concept, the Club has seen high client engagement and is planning to open additional standalone locations this year to bring its total to 20. The Fifth Avenue Club began in Saks Fifth Avenue stores, such as its Beverly Hills flagship , offering loyal customers high-touch service and personalized experiences.

Fashion 267

Fashion Location Shopping Planning 267

Retail Wire

JUNE 28, 2024

Tractor Supply Company, the largest rural lifestyle retailer in the U.S., has announced significant changes to its corporate policies. The Brentwood, Tennessee-based company will eliminate its diversity, equity, and inclusion (DEI) roles, retract its carbon emissions goals, and cease sponsorship of Pride events. This move follows a concerted pressure campaign from right-wing activists, which culminated in these sweeping revisions.

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Retail TouchPoints

JUNE 28, 2024

Image courtesy The Den Image courtesy The Den Photo: Retail Touchpoints Photo: Retail Touchpoints Image courtesy The Den Image courtesy The Den Image courtesy The Den Photo: Retail Touchpoints Photo: Retail Touchpoints Image courtesy The Den The basement “den” space (Photo: Retail Touchpoints) Attendees at a party hosted by APM Models could partake of a series of beauty treatments.

Payment Services 229

Payment Services Beauty and Health Location Promotions 229

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Retail Wire

JUNE 28, 2024

Nike shares took a notable hit on Friday, following a disheartening near-term sales forecast from the sportswear giant, indicating a potential loss of approximately $21 billion in market value. This downturn comes as the company grapples with numerous challenges, including increased competition from new market entrants and a resurgent Adidas in international markets.

Marketing 242

Marketing 242

Retail TouchPoints

JUNE 28, 2024

Walgreens Boots Alliance (WBA) has cut its profit forecast for fiscal 2024 and plans to close “a significant number of underperforming stores,” CEO Tim Wentworth told analysts on a call for the company’s fiscal 2024 Q3 earnings period, which ended May 31, 2024. While Wentworth didn’t specify the number of Walgreens ’ 8,600+ U.S. stores that will be affected, he did say on the call that “currently, 75% of our U.S. stores contribute roughly 100% of segment AOI [adjusted operating income].

Planning 169

Planning Beauty and Health Marketing Management 169

Retail TouchPoints

JUNE 28, 2024

Known primarily as a sewing and fabric destination, Joann is looking to broaden its appeal by highlighting its broad assortment of crafting supplies that reach well beyond the sewing category. The retailer emerged from bankruptcy in April 2024 and is now privately owned. “ Joann is embracing the future and poising itself for a long future of inspiration ,” reads a statement from the company.

Markdowns 162

Markdowns Advertising Marketing ATS 162

Retail Wire

JUNE 28, 2024

A new advertising firm called Gigi aims to capitalize on Amazon's expanding streaming services for its business growth.

Advertising 278

Advertising 278

Inside Retail

JUNE 28, 2024

Nike’s full-year revenue remained flat, with an analyst pointing out that the footwear and apparel brand is losing market share. The company’s annual revenue stood at $51.36 billion while net income rose 12 per cent to $5.7 billion. Nike brand’s revenue slightly rose by 1 per cent to $49.3 billion. Nike’s direct revenue also increased by 1 per cent to $21.5 billion.

Wholesale 147

Wholesale Apparel Consumer Marketing 147

Retail Wire

JUNE 28, 2024

Nokia is set to divest its undersea internet cable business, Alcatel Submarine Networks (ASN), to France for €350 million ($375 million). The deal will initially transfer 80% of ASN to the French government, with Nokia retaining a 20% stake to ensure a smooth transition. The sale is expected to be completed by early 2025, after which France will acquire Nokia’s remaining stake.

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Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

ATS

Inside Retail

JUNE 28, 2024

Melbourne-based ‘for-purpose’ streetwear label HoMie has opened a production facility under the name HoMie Creative. In partnership with Truce Production Co, HoMie Creative provides a range of production services, such as commercial production and photography. “Through this joint vision, we want to create a new way forward for the industry,” said HoMie CEO Steph Say.

Fashion 147

Fashion ATS Accessories 147

Retail Wire

JUNE 28, 2024

On Thursday, a jury ruled that the NFL must pay over $4.7 billion for antitrust breach linked to its "Sunday Ticket" package. This service gave fans access to watch out-of-market games only if they purchased a bundled package to access them.

Marketing 130

Marketing 130

Retail Dive

JUNE 28, 2024

The retailer said it would focus on "being a good neighbor," but the Human Rights Campaign said the decisions mean the company is "turning its back on their own neighbors.

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120

Retail Wire

JUNE 28, 2024

Taco Bell is now offering a value meal box. Here's what's inside.

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Achieve more with your commerce with the help of Orium’s Composable Commerce Reference Architecture 2024 Edition. Presented in partnership with commercetools, Contentstack, and Google Cloud, this edition is packed with new insights and practical examples to help you navigate changes in digital commerce and construct an adaptable tech stack optimized for efficiency and scalability.

Customer Experience

Retail Gazette

JUNE 28, 2024

Tesco has agreed a “landmark” partnership with the world’s biggest media-buying business GroupM to supercharge its retail media business. The partnership is expected to “drive best-in-class delivery of data-led solutions, education and innovation across all facets of retail media”. It will cover on-site, off-site, and connected store offerings, including an agency-first in-store screen partnership, leveraging the supermarket giant’s 22 million Clubcard households.

Supermarket 99

Supermarket Planning 99

Retail Wire

JUNE 28, 2024

Areas experiencing extreme summer heat will welcome the decreased bill.

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Retail Times

JUNE 28, 2024

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The world of trading and investment has never been so accessible to the masses. Digital technology is a key driving force behind this, giving ordinary people access to the tools, information, and skills necessary to thrive in the financial markets.

Marketing 96

Marketing 96

Retail Wire

JUNE 28, 2024

This new healthcare experience has options for all types of comsumers.

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Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

Checkout

LS Retail

JUNE 28, 2024

©iStock/krblokhin International Monetary Fund (IMF) chief Kristalina Georgieva recently urged U.S. policymakers to take advantage of the U.S. recovery from the pandemic and pay off the deficit. Georgieva said policymakers should put the U.S. national deficit on a “decisive downward path,” in part to ensure investors do not start losing interest in U.S. treasuries.

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Retail Wire

JUNE 28, 2024

Uber will pay automobile owners the $1000 if they can stop driving for five weeks.

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Retail Dive

JUNE 28, 2024

The online pet retailer agreed to repurchase shares from its largest shareholder, while the home retailer received the notification after not filing its latest quarterly report.

Planning 90

Planning 90

Dezeen

JUNE 28, 2024

Design studio Halleroed has combined rustic, earthy tones with bold colours and glossy finishes for online retailer Boygar's first store in Tbilisi, Georgia. Set across three floors in a historic building on Tbilisi 's Rustaveli Avenue, Halleroed worked within the framework of the building's existing features when designing the store. Halleroed has designed a three-storey retail space for Boygar's in Tbilisi Characterised by a series of tall arched doorways and openings , the ground floor space

Boutique 64

Boutique Fashion Shopping 64

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Be empowered to master the digital landscape and implement modular and adaptable composable technologies. Authored by Orium, The Pragmatic Guide to Composability takes readers on a journey from composable’s beginnings to common misconceptions about the approach, then concludes with strategies for choosing implementations that result in quick wins to grow your ROI.

Customer Experience

Retail Dive

JUNE 28, 2024

Erik Janshen will lead the brand’s global direct-to-consumer sales, including stores, e-commerce and “several online marketplaces.

Consumer 89

Consumer 89

365 Retail

JUNE 28, 2024

ELEMIS has opened its first UK store at 23 Monmouth Street in Covent Garden’s Seven Dials neighbourhood. ELEMIS joins Covent Garden’s significant line-up of cosmetics and beauty brands. This entrance reaffirms the neighbourhood’s position as the UK’s leading destination for beauty and wellness, showcasing Shaftesbury Capital’s active collaboration with sector-leading brands.

Beauty and Health 64

Beauty and Health Location Management ATS 64

Retail Times

JUNE 28, 2024

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Pearl & Dean, the UK’s best-known cinema advertising contractor today announces that it has brokered a film partnership between Boots’ suncare brand Soltan and Illumination’s exciting new chapter of Minions mayhem, Despicable Me 4, to encourage families to take care during their summer holidays with sun protection.

Advertising 64

Advertising 64

365 Retail

JUNE 28, 2024

EE has unveiled its second Experience store in Manchester, located at 33 Market Street. This new addition comes in response to popular demand from the city’s tech-savvy residents. Following the successful launch of the first Experience store in Manchester’s Trafford Centre, which saw a 25% boost in footfall compared to previous stores in the area, Manchester is now the first city to host two of these innovative store formats as part of EE’s £6 million investment in brick-and-mortar retail

Location 64

Location Marketing Planning Consumer 64

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

Customer Experience

Retail Dive

JUNE 28, 2024

CEO John Donahoe said the company is “embracing a more balanced approach” to DTC and wholesale after a rough set of numbers.

Wholesale 77

Wholesale 77

365 Retail

JUNE 28, 2024

Apple Milton Keynes is set to reopen its doors tomorrow following a relocation within Midsummer Place, where it first opened in 2008. The new store will welcome new and returning customers on Saturday, June 29, from 10 am. As Apple’s 40th store in the UK and one of over 500 globally, it will serve as a new destination for customers from the local community and beyond to explore and purchase Apple products.

Location 64

Location ATS Convenience Products Returns 64

Retail Dive

JUNE 28, 2024

After making a name for itself selling hardshell suitcases, the DTC luggage brand is expanding to capture what it claims is 50% of the luggage market.

Marketing 71

Marketing 71

365 Retail

JUNE 28, 2024

Superdrug has opened the doors to its largest UK store today in Westfield Stratford Shopping Centre, London, creating 25 new permanent roles in the 9,890 sq. ft. retailer. The store, which has doubled in size, continues Superdrug’s expanding bricks-and-mortar retail footprint as the retailer plans to open 25 new stores in 2024, marking its 60th year on the British high street.

Beauty and Health 64

Beauty and Health ATS Promotions Shopping 64

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