Mon.Dec 02, 2024

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Big data. Big future. The next generation of advertising

Inside Retail

Martech advancements are amplifying the opportunity to understand the behaviours, needs and preferences of consumers and convert into the right message in the right channel at the right time. Analysing the vast amounts of data from various sources informs strategies to predict trends, personalise content and optimise campaign delivery in real time. The influence of AI technologies is unquestionable, but AI isn’t the only challenger to traditional digital media.

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Banner Black Friday Sales Bode Well for Holiday Season

Retail TouchPoints

Easing inflation, the looming threat of potential tariffs and heavy discounting saw Americans spend in record numbers over the Thanksgiving weekend, with U.S. retail sales (excluding automotive) up 3.4% on Black Friday according to Mastercard SpendingPulse , which measures in-store and online retail sales across all payment types. Online sales saw an even bigger bump, with Adobe Analytics reporting a new milestone for ecommerce on Black Friday as consumers spent a record $10.8 billion online, up

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Collins Foods books slightly higher half-year revenue

Inside Retail

Collins Foods booked slightly higher revenue in the half-year ended October 30, reflecting modest growth in Australia and softness in Europe. The fast food chain operator saw revenue from continuing operations rise 1.2 per cent year over year to $703.5 million. KFC Australia’s revenue increased 2.7 per cent to $536.8 million, thanks to six net new restaurants during the period.

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Luxury for Lunch: Louis Vuitton Unveils New Restaurant Concept in NYC Flagship

Retail TouchPoints

Hungry for luxury, Louis Vuitton fans? Head to 57 th Street in New York to not only shop the brand’s fashionable creations but eat them too. Louis Vuitton has opened a new five -floor flagship designed to combine luxury retail, culture and gastronomy, according to a company statement. The store is meant to be a temporary destination as the brand’s historic Fifth Avenue flagship undergoes a three -year renovation process.

Fashion 248
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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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Woolworths faces $50 million food sales loss due to striking workers

Inside Retail

Woolworths Group said its Australian food sales have been negatively affected by about $50 million due to industrial action, as workers seek pay rise in excess of 25 per cent over three years. “Until the industrial action is resolved, a further impact to sales is expected,” the supermarket chain said in a statement. “The full financial impact at this stage is unknown.” The United Workers Union (UWU) launched an indefinite strike action at four Woolworths sites on November

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US Pledges $7.5B Loan for Stellantis EV Battery Plants in Indiana

Retail Wire

Stellantis and various partners will create over 3,000 new jobs.

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More Trending

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Stoli Vodka Files for Chapter 11 Bankruptcy After Crippling Cyberattack

Retail Wire

Stoli is facing a series of challenges in advance of its bankruptcy filing.

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Burlington Plans 100 Net-New Store Openings by Early 2025

Retail TouchPoints

Burlington Stores plans to open 101 net-new stores during its current fiscal year, which ends Feb. 1, 2025. The value-priced retailer, which currently operates 1,103 stores in 46 states, Washington, D.C. and Puerto Rico, had a strong Q3: total sales grew 11% compared to the same period the previous year, although comparable store sales only rose 1%.

Planning 210
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Whataburger Releases Gift Guide Featuring 12 Days of Deals

Retail Wire

Whataburger is getting into the holiday spirit.

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6 Tips on Brand-Building from the ‘Original Influencer’ Martha Stewart

Retail TouchPoints

In 1982, Martha Stewart made her entrance onto the mass-market stage with the publication of her book, Entertaining. She has since gone on to write 99 more , not to mention becoming the first female self-made billionaire in American history when she took Martha Stewart Living Omnimedia (MSLO) public in 1999. Widely considered to be the “original influencer,” Martha Stewart has skillfully used her good looks, personal stories and skill to build a massive following, well before social media made t

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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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Entrepreneur Hides 5 Treasure Chests Worth $2M Across the United States

Retail Wire

Entrepreneur Jon Collins-Black has hidden five treasure chests worth $2 million across the United States. The hunt accompanies his book, "There's Treasure Inside.

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From Unwanted to Pre-Loved: the Branding Lessons from Poshmark and Mercari

Retail TouchPoints

Pre-loved fashion is having its moment, and for good reason. In the past year, 42% of U.S. shoppers have purchased secondhand items at a lower cost, with the added benefit of ensuring clothing gets a new lease of life and avoids landfills. With the sector valued at $43.9 billion in 2024 , brands in this space are flourishing. Ebay was the pioneer in the category, but we’ve seen new pre-loved brands emerge over the past decade, such as Mercari, Poshmark and Vinted.

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Fashion designer Nikita Karizma on her namesake brand’s journey

Inside Retail

Nikita Karizma, a British-Indian fashion designer, leads her eponymous London-based brand. Inspired by her family’s three-generation Indian saree business and its cultural significance, she creates designs celebrating individual identity. Starting with a £2000 custom order from British girl group Little Mix after graduating from the London College of Fashion, the brand has evolved from custom pieces to a ready-to-wear label.

Fashion 130
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Asda’s looming debt bill sparks fresh refinancing fears

Retail Gazette

Asda is at risk of being forced to refinance its multi-billion pound debt pile ahead of a steep repayment owed to former owner Walmart. The supermarket’s looming £900m bill due by 2028 could threaten the chain’s entire capital structure, according to credit rating agency Fitch. Fitch said Asda may need to refinance in order to repay the debt, which consists of £500m for Walmart’s remaining stake and £400m in interest.

Grocer 126
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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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Officeworks acquires digital education company Box of Books

Inside Retail

Officeworks has acquired digital education company Box of Books, advancing its business-to-business growth and expanding its education offer. More than 200 schools in Australia are currently using Box of Books, a provider of e-books and digital resources, publisher interactive accounts, as well as physical textbooks and stationery. “Box of Books is well positioned to expand as schools around Australia continue to digitise,” said Sarah Hunter, Officeworks MD. “This acquisition e

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Olive Garden Responds to Mysterious Letters on Customer Breadstick

Retail Wire

An Olive Garden customer couldn't contain her shock after the incident.

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Hot Wheels, GI Joes aplenty on Shein, Temu amid worry over fake products

Inside Retail

Fast-growing specialty e-commerce sites such as PDD’s Temu and its rival Shein are branching deeper into the business of selling toys as many American and European shoppers prepare to seek out steep bargains during the Black Friday weekend. In previous years, Temu and Shein – which sell primarily from mobile phone-based apps – would not have been the usual places for shoppers to buy toys and other holiday gifts.

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Jaguar’s New EV Concept Leaked: Pink, With No Rear Window

Retail Wire

New images of Jaguar's latest concept car have been leaked.

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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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Visibility and communication: How retailers are streamlining planning

Inside Retail

Whether managing risk and compliance, retail media, marketing campaigns or allocating staffing resources, retailers are under growing pressure to meet the evolving needs of their consumers and stay ahead of competitors in a market flooded with promotions and campaigns. “It can be a challenge finding the right time to address the fast-paced, often siloed organisational structure of retail businesses,” explains Gavin Watson, senior industry lead, Asia-Pacific, Japan at Monday.com.

Planning 130
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Latest Domino’s Lawsuit Claims Manager Was Fired After Complaining About Undocumented Immigrants

Retail Wire

Domino's is at the center of another lawsuit.

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Mothercare swings to loss as sales fall

Retail Gazette

Mothercare has swung to a half-year loss after sales plunged more than a quarter. The nursery specialist fell to a pre-tax loss of £1.4m in the 26 weeks to 28 September, down from a profit of £1.8m the year before. Sales dropped 27% to £21m over the period as worldwide retail revenue from Mothercare’s franchise partners decreased 12% to £121.2m.

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Delta Air Lines’ Stowaway Shows Flaws in the Security System. Here’s How

Retail Wire

Delta Air Lines' recent stowaway issue demonstrated flaws in the security system.

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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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Federal agents seize 3K counterfeit Gibson guitars

Retail Dive

If the musical instruments were genuine, law enforcement and company officials said the guitars, which arrived via ocean freight, would be worth about $18 million.

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Volkswagen Workers Hit Breaking Point and Launch Massive Strike

Retail Wire

To protest plant closures and potential layoffs, Volkswagen workers have gone on strike.

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Mastering Retail Digital Transformation: Key Elements, Benefits, Challenges, and Strategies

RETAIL MANAGEMENT SOFTWARE

Retail is undergoing a seismic shift, driven by technological advancements and changing consumer expectations. Digital transformation has emerged as a necessity for businesses to stay competitive and thrive in the modern market. In this comprehensive guide, we will explore the core components of retail digitization, highlighting its transformative benefits, potential challenges, and provide practical steps to help you step up your digital game.

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Over half of consumers turn to TikTok for gift inspiration

Retail Dive

Shoppers are seeking out videos of unboxing products, customer reviews and user experience to swap their purchasing decisions, per an MGH survey.

Consumer 101
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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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Cyber Monday Shoppers Expected To Set Buying Record

Retail Wire

Cyber Monday shoppers are expected to set a buying record this year.

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Footfall boost continues into the Black Friday weekend, according to Sensormatic Solutions Shoppertrak Analytics

A1 Retail

After a +4.8 percent year-on-year boost to in-store traffic on Black Friday (29th Nov 2024), footfall on the Saturday of the Black Friday weekend (30th Nov 2024) rose +1.4 percent compared to 2023 Shopper traffic on Saturday (30th Nov 2024) delivered a +30.8 percent week-on-week jump, with the High Street seeing the greatest footfall gains, rising to +39.9 percent compared to the week prior After a stellar performance over Friday and Saturday, store visits dipped on the Sunday of the Black Frida

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Dollar General hires technology, distribution execs

Retail Dive

Tom Hutchins has been appointed senior vice president of technology, while Kevin Pinchon takes on a role as senior vice president of distribution.

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Hundreds of shop workers take part in free Retail Trust training ahead of expected peak in abuse this Christmas

A1 Retail

Hundreds of retail workers have taken part in free training from the charity Retail Trust to help protect them against an expected rise in abusive incidents over Christmas. Part of work to help shop staff and delivery drivers feel safer during the busy festive shopping period, more than 1,300 people from over 200 retailers registered for the masterclasses on managing challenging situations in London and online earlier this month.

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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.