Sun.Oct 27, 2024

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As Gen Z Enters Prime Spending Years, Brands Sharpen Their Pitch

Retail TouchPoints

They’ve been shaped/scarred by not one but two global economic traumas — the Great Recession of 2008-2009 and the COVID pandemic — and they’ve grown up with social media playing an increasingly large (and loud) role in shaping culture, including how these consumers shop, research and purchase products and services. They’re Gen Z, born between 1997 and 2012 and comprising 20.69% of the U.S. population — just a bit fewer than Baby Boomers ( 20.93% ) and the largest current group, millennials ( 21.

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Mosaic Brands expected to enter administration

Inside Retail

Mosaic Brands is expected to enter administration as early as todday, the Australian Financial Review has reported. FTI Consulting will facilitate the administration, according to the publication’s sources. Last month, the fashion retailer said it would wind down five of its brands to focus on its other five businesses as it struggles to remain afloat due to operational issues.

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Original Tommy’s Tops In-N-Out Burger for Best Fast Food in California

Retail Wire

In-N-Out Burger could be facing rising competition from Original Tommy's if more consumers agree with this ranking.

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Temple & Webster’s sales surge 21 per cent

Inside Retail

Temple & Webster saw revenue rise 21 per cent year over year from July 1 to October 24, and has affirmed it is on track to achieving its medium-term target of $1 billion in annual revenue within three to five years. During the period, the online homewares and fashion retailer noted its average order values is back to growth with about 60 per cent of orders now from repeat customers. “The media mix modelling analysis provided promising results, giving us confidence to continue our brand

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

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.

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Disney Cruise Line, Norwegian Cruise Line Ranked ‘Worst’ in Environmental Impact

Retail Wire

Disney Cruise Line reportedly doesn't maintain good environmental standards.

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The strategic moves Chemist Warehouse is making while it waits to close Sigma

Inside Retail

While the industry awaits the outcome of Chemist Warehouse’s proposed merger with Sigma Healthcare, the pharmacy giant has been busy executing several critical initiatives across its business. The ACCC is set to rule on the $8.8 billion merger in early November, but in the meantime, Chemist Warehouse is rolling out a new payment system, expanding internationally and creating new marketing partnerships.

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Early, exclusive, engaging: How retailers can leverage their sale season data

Inside Retail

“Grand sale! Grand sale! Grand sale! Megalo, Megalo, Megalo!” Anyone who visited Victoria from the 1970s to the 1990s will remember the call of Franco Cozzo’s famous TV ads. It’s the same thrill that retailers across Australia feel as retail sale season kicks off. Lasting from November through January, sale season captures the excitement and hustle as retailers gear up for Click Frenzy, Black Friday , Boxing Day, and beyond.

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The Taco Bell and MLB Partnership Has Officially Ended

Retail Wire

Taco Bell is no longer tossing it up with the Major League Baseball Association.

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Japanese label Descente taps into Southeast Asia’s high-end sportswear industry 

Inside Retail

After making its Southeast Asia debut in Malaysia earlier this year, Descente is now rapidly expanding in the region with its first three stores in Singapore at Jewel Changi Airport, Raffles City and Laguna National Golf Resort Club. The company also plans to increase its presence across the island and beyond. “As Singapore is a strategic gateway to the Southeast Asian market, it was imperative that we launched stores here,” Washing Zhong, country manager at Descente Singapore, told Inside Retai

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M&S adds self checkouts to changing rooms

Retail Gazette

M&S is set to add self checkouts to changing rooms across its 180 clothing stores to stop customers from having to queue twice. The food and fashion giant said it aimed to have the new technology implemented across more than 100 shops by early 2028, The Telegraph reported. The technology will be installed across its whole clothing estate once it has completed a wider store revamp.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Customers Complain About KFC Shrinkflation Chicken Pieces

Retail Wire

Is KFC applying shrinkflation to their chicken and other menu items?

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Top 5 Customer Service & CX Articles for Week of October 28, 2024

Hyken

Each week, I read many customer service and customer experience articles from various resources. Here are my top five picks from last week. I have added my comments about each article and would like to hear what you think too. Forrester: Customer obsession is key to B2B revenue and profits by Paul Demery (Digital Commerce 360) “Customer-obsessed” B2B companies build better relationships with employees and customers than peer companies without a strong customer focus, Forrester Research says.

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Amazon grocery boss Tony Hoggett steps down

Retail Gazette

Amazon grocery boss Tony Hoggett is stepping down from the etailer to pursue the “next step” of his career. Hoggett, who joined the ecommerce giant in 2022 as senior vice president of worldwide grocery stores, was previously Tesco group chief strategy and innovation officer and group chief operating officer. During his time at the online behemoth, he sought to revamp the company’s grocery arm and its approach to physical retail.

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What you need to know about the safety of your car: important technologies and their benefits

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Over the years, automotive manufacturers have integrated advanced safety technologies to protect drivers, passengers, and pedestrians alike. Using the Audi A3 as an example, let’s dive into some key safety systems that are essential for modern cars and explore how these features enhance your driving protection. 1.

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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

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.

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Shein and Temu growth rates set to plunge in 2025

Retail Gazette

Shein and Temu’s growth rates are forecast to drop next year, new data has found. A report by research and advisory firm Forrester, which examined retail predictions for 2025, said the ecommerce giants would both witness a “plummet” in growth rates, despite “relentless” digital advertising and high-profile adverts, Retail Week reported.

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Comment on How To Create A Marketing Calendar – Quick Reference Guide by binance

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