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

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 288

Markdowns Advertising Marketing ATS 288

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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264

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 279

Fashion Location Shopping Planning 279

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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.

Customer Experience

Retail Wire

JUNE 28, 2024

Texas Roadhouse has introduced a frozen version of their bread rolls, now available for home baking. The restaurant chain launched these signature rolls exclusively at Walmart, where they are currently being sold in select stores across Indiana, Kentucky, and Ohio. Walmart confirmed the news on Tuesday, adding that the product will be available in all stores nationwide in the coming weeks.

ATS 246

ATS 246

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 264

Payment Services Beauty and Health Location Promotions 264

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 261

Planning Beauty and Health Marketing Management 261

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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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.

Accounting

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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124

Retail Wire

JUNE 28, 2024

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

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147

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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.

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 106

Supermarket Planning 106

Retail Wire

JUNE 28, 2024

Areas experiencing extreme summer heat will welcome the decreased bill.

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147

Retail Gazette

JUNE 28, 2024

Nike shares dropped on Thursday after the company reported weaker than expected sales in its fourth quarter. The sportswear giant’s fourth quarter revenues hit $12.6bn (£9.6bn) down 2% and its direct-to-consumer sales fell 8% to $5.1bn (£4.3bn). Revenues for the Converse brand were down 18%, due to declines in North America and Western Europe. The announcement led to shares dropping more than 12%.

Wholesale 105

Wholesale Consumer Planning Marketing 105

Retail Wire

JUNE 28, 2024

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

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130

Advertiser: Experience Retail Today

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.

Fashion

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 114

Planning 114

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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98

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 97

Marketing 97

Retail Wire

JUNE 28, 2024

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

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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

Wholesale

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 108

Wholesale 108

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 74

Boutique Fashion Shopping 74

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 105

Consumer 105

Retail Gazette

JUNE 28, 2024

Asda returned to a pretax profit in its 2023 financial year, despite losing market share to its grocery rivals over the period. The UK’s third largest supermarket’s results for the year to end-December 2023 showed a pretax profit of £180m, contrasting with a pre-tax loss of £432m in 2022. The retailer said the outcome reflected an increase in operating profit and a partial reversal of previous impairment provisions, Reuters reported.

Returns 64

Returns Marketing Supermarket Grocer 64

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

Customer Experience

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 96

Marketing 96

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

Retail Dive

JUNE 28, 2024

The social media platform is following Amazon’s lead with its own Deals for You Days this July.

Shopping 109

Shopping 109

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 62

Beauty and Health Location Management ATS 62

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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.