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.
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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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.
Inside Retail
MARCH 4, 2024
Swatch has opened its first Australian flagship store in Melbourne CBD, its largest in the country. The 315sqm store features Swatch’s collections including Swatch Neon, Swatch Art Journey, Big Bold, and the latest Bioceramic What If. The store’s interior design includes an open walk-through space, seven glass brick totem walls, product collection islands, and large LED screens.
Advertiser: ZoomInfo
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.
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
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.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
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.
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.
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.
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.
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
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.
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.
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.
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.
Advertiser: ZoomInfo
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.
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.
Retail Wire
MARCH 4, 2024
Apple, the leading tech giant, is planning to release a number of new products this week, according to rumors.
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.
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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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.
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.
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.
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.
Advertiser: ZoomInfo
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.
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.
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.
RIS News
MARCH 4, 2024
Loweâs staff are set to see a round of bonuses as the retailer continues to invest in its workforce. Get the details.
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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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.
Retail Dive
MARCH 4, 2024
Nuuly plans to invest $60 million into its 600,000-square-foot facility in Missouri in the coming years.
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.
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.
Advertiser: ZoomInfo
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.
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