Retail TouchPoints

MARCH 4, 2024

The customer experience is paramount to the success of today’s retailers. This includes enhancing in-store inventory, delivery services and even the personalization of customer service. However, when it’s time to check out, how do payment options factor into that customer experience? A recent study of more than 4,700 consumers from Bread Financial indicates payment choices — including retail store credit cards, bank branded credit cards and buy now, pay later (BNPL) — at checkout have become a m

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Finance Payment Services Consumer Shopping 289

Retail Wire

MARCH 4, 2024

JetBlue and Spirit Airlines have called off a planned merger that began two years ago. The airlines said the decision was amicable but claimed that ongoing regulatory hurdles would have made merging the two companies difficult.

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Planning 279

Retail TouchPoints

MARCH 4, 2024

Thrasio , one of the highest-profile Amazon “rollup” firms — so-called because they acquire Amazon third-party sellers en masse and roll them up into a larger entity to consolidate operations (and ideally scale profitability) — has filed for bankruptcy in an effort to “strengthen its financial position.” Thrasio said it will continue normal business operations for its hundreds of Amazon FBA brands throughout the Chapter 11 process and that it has received $90 million in new financing from its le

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Finance Returns Marketing 284

Retail Wire

MARCH 4, 2024

JOANN Inc. could file for Chapter 11 bankruptcy as a way to generate enough capital to keep its stores open.

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Customer Experience

Inside Retail

MARCH 4, 2024

It appears retail has left behind the Baby Boomer generation along with its disposable income and brand loyalty. Whether marketers are subconsciously ageist or they’ve gotten distracted riding the Millennial branding and Gen Z social media wave all the way to the bank is still up for debate. But in what marketers have described as the “silver economy”, brands are leaving a considerable amount of revenue on the table that could be brought in by the Baby Boomer generation.

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Beauty and Health Fashion Marketing Consumer 264

Retail Wire

MARCH 4, 2024

Toyota is set to reveal an investment of 11 billion real ($2.2 billion) in Brazil over the next few years. The official announcement is expected on Tuesday, according to Brazil's vice-president and minister for industry, Geraldo Alckmin.

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Retail Focus

MARCH 4, 2024

Shaftesbury Capital has announced that Arc’teryx , the high-performance outdoor apparel brand, has now opened its new flagship store within the newly refurbished listed building at 41-42 King Street in Covent Garden. This follows previous success on Long Acre and represents a key milestone within the brand’s brick-and-mortar journey, and the continual pull of Shaftesbury Capital as the go-to location for expansion within the West End.

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Outdoor Apparel Accessories Location 147

Inside Retail

MARCH 4, 2024

Brussels on Monday fined Apple US$2 billion for thwarting competition from music streaming rivals via restrictions on its App Store, the iPhone maker’s first ever penalty for breaching EU rules. A basic penalty of $43.4 million was inflated by a huge lump sum included as a deterrent – a first for the European Union’s antitrust authorities.

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Payment Services Consumer Marketing ATS 245

Retail Wire

MARCH 4, 2024

Fisker is seeking solace in a strategic alliance in the hopes of improving its financial situation, and Nissan may be the potential partner.

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Retail Gazette

MARCH 4, 2024

Retailers are suffering from the longest dip in sales since the 2020 pandemic as consumers cut back for the fifth consecutive month. Like-for-like sales across fashion, homewares and lifestyle slipped 1.3% in February, according to new figures from accountancy firm BDO. Fashion was hit the hardest, with overall sales down 4.8% and instore sales plunging 8.2% last month.

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Wholesale Fashion Accounting Consumer 145

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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.

Inside Retail

MARCH 4, 2024

On Monday, the US-based resale platform StockX launched a shopping app for Apple Vision Pro , a spatial computer that blends digital content and apps with the real world and lets users navigate this blended reality using their eyes, hands, and voice. In a statement, StockX president and chief operations officer Greg Schwartz commented, “Nothing replaces the feeling of picking a sneaker off the shelf and holding it in your hands, but this new experience comes very close.

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Shopping Consumer Marketing Planning 130

Retail Wire

MARCH 4, 2024

Lufthansa, a German airline, is facing significant disruption as ground crews go on strike demanding better pay and working conditions.

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Inside Retail

MARCH 4, 2024

Leading brick-and-mortar retailer QBD Books set out to revitalise its digital presence and increase online sales. Removing friction from the checkout process and personalising the experience were some of the strategies for delivering results. As one of Australia’s leading brick-and-mortar retailers, QBD Books is on the cusp of opening its 87th retail outlet.

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Merchant Services Payment Services Shopping Checkout 130

Retail Wire

MARCH 4, 2024

In a landmark decision, Apple faced a hefty fine of 1.84 billion euros, marking its first violation of EU competition regulations. The penalty stems from allegations of hindering competition in the music streaming market through App Store restrictions.

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Marketing 130

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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

Inside Retail

MARCH 4, 2024

In the US$375 billion global beauty industry, efficacy and simplicity reign supreme. Recognising this, Japanese cosmetics brand Shiseido recently unveiled its latest innovation, the revamped ‘Vital Perfection’ anti-aging cream, which is revered for its efficacy on Asian skin. The upgraded formula contains SafflowerRed technology, which is derived from the Mogami Safflower.

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Beauty and Health Marketing Consumer Promotions 130

Retail Wire

MARCH 4, 2024

Apple, the leading tech giant, is planning to release a number of new products this week, according to rumors.

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Planning 130

Inside Retail

MARCH 4, 2024

New Zealand-born designer Shannon Pittman is the founder and creative director of bespoke bridal brand Bo & Luca. After officially launching in 2012, Pittman recently opened Bo & Luca’s first store in Brisbane, Australia, after years of building its global presence. Here, she discusses the blend of traditional craftsmanship and modern design in her dresses, the impact of global conflicts on her supply chain and what’s next for the business.

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Fashion Dead-Stock Clienteling Fast Fashion 130

Retail Wire

MARCH 4, 2024

Arkhouse Management and Brigade Capital Management announced a revised offer to acquire Macy's. Previously snubbed for being too low, the firms now propose purchasing Macy's shares they don't already own for $24 each, a 14% increase from their previous bid of $21 per share.

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Management 130

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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.

Marketing

Retail Gazette

MARCH 4, 2024

John Lewis is launching a campaign ahead of International Women’s Day, inviting designers, producers and emerging women-led brands to join “John Lewis & Sisters” and have their products stocked for Christmas. The retailer is changing its name to reflect the campaign on social media from 8 to 10 March, and says it will be a platform for women to share their talents, stories and ideas with buyers as it searches for more makers.

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Department Stores Fashion Planning ATS 122

Retail Wire

MARCH 4, 2024

CJ Foods Manufacturing Beaumont Corp. has issued a recall for approximately 62,000 pounds of Trader Joe's chicken soup dumplings due to potential plastic contamination. This nationwide recall has been prompted by concerns that the dumplings may contain pieces of plastic, likely originating from a permanent marker pen.

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Retail Dive

MARCH 4, 2024

Nuuly plans to invest $60 million into its 600,000-square-foot facility in Missouri in the coming years.

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Fulfillment Planning 119

Shopping Center

MARCH 4, 2024

Houston — Fertitta Entertainment Inc., an entity controlled by Houston Rockets owner Tilman Fertitta, has purchased River Oaks District, a 664,308-square-foot mixed-use development on Houston’s west side. Multiple local news sources,… The post Houston Rockets Owner Buys River Oaks District for $450 Million appeared first on Shopping Center Business.

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Shopping 116

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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

MARCH 4, 2024

Gymshark has officially opened a permanent space in Selfridges London which sees the luxury retailer become the activewear giant’s first-ever wholesale partner. The opening follows the success of Gymshark’s Regent Street flagship , which opened its doors in October 2022 and the recent news of its Westfield Stratford City store, set to open this summer.

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Wholesale ATS Planning Shopping 115

Retail Dive

MARCH 4, 2024

From shopping to work to entertainment, people are choosing their screens. But we can create reasons for them to step out.

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Shopping 111

Retail Gazette

MARCH 4, 2024

Aldi’s beloved Kevin the Carrot character will return to the supermarket’s middle aisle next week with a festive Easter makeover. The discounter has released two limited edition Kevin soft toy collectibles, dressed in either a removable soft grey bunny suit or a boucle style lamb outfit. The £3.99 Easter Kevin will appear in Aldi’s specialbuys on 14 March.

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Returns Supermarket 113

RIS News

MARCH 4, 2024

Lowe’s staff are set to see a round of bonuses as the retailer continues to invest in its workforce. Get the details.

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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.

Marketing

Retail Gazette

MARCH 4, 2024

Currys is investing a further £13m into staff pay to boost salaries for its hourly-paid workers. Staff will now earn £12.33 per hour on average, with top performers pulling in a £13.95 an hour average, following a 9.5% rise in their hourly rate. The electricals retailer said some workers would earn even more as the potential for its bonuses was uncapped.

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ATS 105

LS Retail

MARCH 4, 2024

©iStock/Yulia Novik What's affecting me, my clients, my colleagues and other global small business owners: This nonprofit, Women Entrepreneurs Grow Global® , is making history every day for special women who aspire to take on the world with their business. The full lens on Women's History Month. Courageous women who have helped the United States build a fairer, more just society.

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RIS News

MARCH 4, 2024

There’s no shortage of artificial intelligence talk in retail, but top retailers like Sam’s Club and Home Depot are walking the walk when it comes to one AI subset — computer vision.

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Retail Wire

MARCH 4, 2024

Biotech firm Viking Therapeutics has positioned itself as a strong new contender or acquisition target in the weight loss drug market.

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Marketing 100

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