Fri.Jun 28, 2024

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Next Generation Demand Creation

Tokinomo

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
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A New Startup Could Boost Amazon’s Presence in TV Advertising

Retail Wire

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

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Saks Fifth Avenue Expands Club Concept to More Luxury Resorts and Hotels

Retail TouchPoints

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 259
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Tractor Supply Drops DEI and Climate Goals

Retail Wire

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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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Following Bankruptcy, Joann Looks to Broaden its Appeal with ‘Jo-And’ Campaign

Retail TouchPoints

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 238
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Texas Roadhouse Debuts Frozen Bread Rolls at Walmart

Retail Wire

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

More Trending

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Nike Shares Plunge After Gloomy Sales Forecast

Retail Wire

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
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Walgreens Outlines Turnaround Plans, Including ‘Significant’ Store Closures

Retail TouchPoints

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 203
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PG&E Customers Will See Temporary Decrease in July Electric Bill

Retail Wire

Areas experiencing extreme summer heat will welcome the decreased bill.

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Nike’s revenue remains flat while net income surges

Inside Retail

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
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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Taco Bell Value Box: What We Know

Retail Wire

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

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‘Studio for good’: Streetwear label HoMie launches creative agency

Inside Retail

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
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Nokia to Sell Submarine Network Business to France in $375M Deal

Retail Wire

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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Tractor Supply slashes all DEI roles, carbon-emission goals and Pride support

Retail Dive

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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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Amazon Consolidates Amazon Clinic Into One Medical

Retail Wire

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

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Tesco signs ‘landmark’ retail media partnership

Retail Gazette

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.

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NFL Faces $4.7B Payout After Losing ‘Sunday Ticket’ Antitrust Trial

Retail Wire

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
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Nike slashes 2025 forecast as it posts weaker-than-expected sales

Retail Gazette

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
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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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Uber Will Pay Drivers $1000 To Stop Driving — Here’s How

Retail Wire

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

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The Weekly Closeout: Chewy plans $500M share buyback, Conn’s receives Nasdaq delinquency notice

Retail Dive

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 102
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The role of technology in modern forex trading

Retail Times

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.

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TikTok Shop to discount ‘thousands’ of items during sales event

Retail Dive

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

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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IMF Chief Urges U.S. Policymakers to Pay Off the Deficit

LS Retail

©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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Nike expects more revenue declines ahead after ‘sluggish’ Q4

Retail Dive

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

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Halleroed contrasts colour and texture inside Boygar's Tbilisi store

Dezeen

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

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Puma taps Tommy Hilfiger, Calvin Klein veteran for VP of DTC

Retail Dive

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

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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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What Is Visual Merchandising? Examples and Tips

Shopify

New to retail and want to increase your sales? Learn how visual merchandising is helping retail businesses grow and how to apply it today.

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Perfect Corp. and Face Haus partner to bring AI enhanced skincare

Retail Dive

The technology helps estheticians identify key skin concerns to help customers better understand their needs.

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Asda returned to profit in 2023 despite market share losses

Retail Gazette

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.

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SCOTUS overturns Chevron doctrine, limiting federal agency reach

Retail Dive

Federal courts will no longer have to defer to agency regulations for interpretation of ambiguous statutes.

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Activating Intent Data for Sales and Marketing

Sales and marketing leaders have reached a tipping point when it comes to using intent data — and they’re not looking back. More than half of all B2B marketers are already using intent data to increase sales, and Gartner predicts this figure will grow to 70 percent. The reason is clear: intent can provide you with massive amounts of data that reveal sales opportunities earlier than ever before.