Tue.Apr 16, 2024

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Elon Musk Plans To Charge a Fee For New X Users To Post on the Platform

Retail Wire

Elon Musk is considering adding a small fee for new X users to enable them to post on the platform as a way to address the issue of bots.

Planning 276
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Viva Energy’s first-quarter convenience sales dip

Inside Retail

Viva Energy’s convenience sales declined 4.4 per cent year over year to $259 million in the first quarter. The company attributed the lower turnover to the divestiture of 25 Coles Express sites to Chevron, the timing of Easter in March, and lower tobacco sales. However, the company said its acquisition of OTR Group provides a platform to boost its convenience business.

Location 264
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Beyoncé Is Driving up Sales of Levi’s Jeans and Western-Style Boots

Retail Wire

Beyoncé is giving the Levi’s brand a major boost.

Apparel 264
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Why the founder of Culture Kings wants retailers to sell with emotion and magic

Inside Retail

Culture Kings is an Australian retail phenomenon, what started as a Carrara market stall in 2008 evolved into an international retailer being listed on the stock exchange with a $600 million valuation. Founder and CEO Simon Beard took to the stage at Retail Fest 2024 in the Gold Coast, the city where it all started for him, to share what he refers to as the art of retail.

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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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Wegmans Confirms New Store in Charlotte, North Carolina

Retail Wire

Wegmans Food Markets, the popular New York-based supermarket chain, has confirmed its plans to open a new store in south Charlotte.

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Dick’s Plans New Slate of Sporting Goods Resale Events with SidelineSwap

Retail TouchPoints

Dick’s Sporting Goods is expanding its partnership with sporting goods resale marketplace SidelineSwap following a previous expansion in 2023. As the partnership moves into its third year, SidelineSwap’s recommerce services will be available at more Dick’s locations across the U.S. through an ongoing series of trade-in events. During these events, Dick’s customers can bring in their used sports gear for evaluation by SidelineSwap experts.

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Why NPS Falls Short in Ecommerce, and the Case for Earned Growth Ratio as a Better Metric

Retail TouchPoints

Customer satisfaction and loyalty are paramount in today’s competitive ecommerce landscape, since customers have countless brands, retailers and marketplaces to choose from. Even the best products and online storefronts fall flat if customers aren’t happy with one tiny part of their experience. One negative interaction can easily drive them away. At the same time, it is common knowledge that keeping an existing customer is cheaper than getting a new one, which makes it a worthwhile investment to

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Starbucks Launches Spicy Lemonade Refreshers

Retail Wire

Starbucks is spicing things up this spring with the launch of its new Spicy Lemonade Refreshers. These refreshing beverages are inspired by the popular “swicy” trend, which blends sweet and spicy flavors to create a tantalizing taste experience.

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Elevating the Ordinary: How Pride Transforms Your Work

Hyken

I love seeing amazement in action. I was at the airport last week with a friend who accidentally spilled his soda. Within moments, an airport employee came over with a bucket and mop to clean up the spill. My friend apologized for making a mess, and the woman’s response surprised both of us. She said, “My name is Laura, and it is my pleasure to clean up your spill.

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Stanley Brand president to lead Heydude

Retail Dive

Terence Reilly, who ushered the more than a century-old brand to viral success, is rejoining Crocs Inc., where he previously served as chief marketing officer.

Marketing 130
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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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Shake-up in the smartphone sector: Samsung leads, Apple diversifies

Inside Retail

This year has been a rough one for Apple, to put it mildly. According to IDC , Samsung has reasserted itself as the leading smartphone provider in the first quarter of this year with 60.1 million units shipped versus 50.1 million units shipped by Apple. Ryan Reith, group vice president with IDC, was quoted as saying that the recovery of the smartphone market continues to move forward with optimism slowly building among top brands.

Shipping 130
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Little Caesars Introduces Viral Crazy Puffs

Retail Wire

Little Caesars Pizza has recently launched its latest offering, Crazy Puffs.

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LVMH reports first-quarter revenue growth of 3 per cent, underpinned by Japan

Inside Retail

The world’s largest luxury group, LVMH, has recorded a revenue of €20.7 billion (US$22 million) for the first quarter of this year, representing organic revenue growth of 3 per cent, but a 2 per cent drop on a reported basis. Sales in Japan achieved the highest growth, surging 32 per cent. Meanwhile, the group’s sales in Asia – which account for 33 per cent of total revenue – dropped 6 per cent, mainly due to the recovery in offshore travel.

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HEPA Filters Become a Growing Market Amid Rising Air Pollution

Retail Wire

The HEPA filter market is on the rise, driven by concerns about worsening air quality.

Marketing 130
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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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Dr Martens names new CEO to replace departing Kenny Wilson

Inside Retail

Kenny Wilson will step down as CEO of footwear brand Dr Martens by the end of this year. Chief brand officer Ije Nwokorie will succeed Wilson as the new CEO. To ensure a smooth transition, the company said Wilson and Nwokorie will be working together, with the latter becoming CEO before the end of the current financial year. Paul Maison, chair for Dr Martens, said Wilson’s contribution to the company has been immense, and he is confident that he will ensure an orderly transition.

ATS 130
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Ticketmaster To Face Justice Department Antitrust Lawsuit

Retail Wire

The company was widely criticized for dominating the ticketing industry.

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Superdry seeks to delist in London, launches restructuring plan

Inside Retail

Apparel brand Superdry seeks to delist from the London Stock Exchange to deliver significant annual cost savings as it works towards a more financially sustainable operating model. C-Retail, Superdry’s subsidiary that owns its leasehold portfolio, is also launching a restructuring plan for its UK property estate and retail cost base. The company proposed an equity raise of up to €8 million (A$13.3 million) through an open offer or £10 million (A$19.4 million ) through a placing.

Planning 130
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Ben & Jerry’s Free Cone Day 2024 Is Here

Retail Wire

It's here: Ben & Jerry’s Free Cone Day. Established back in 1979, Free Cone Day has become a global sensation, eagerly anticipated by dessert enthusiasts everywhere.

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Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions

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.

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From Reusable to Recycled: Walmart Canada Pilots Program Giving New Life to Blue Bags

Retail TouchPoints

Walmart Canada , in partnership with TerraCycle , will mark Earth Day on April 22 with a “Fresh Start” Day of Action, encouraging consumers to recycle their used blue Walmart shopping bags as part of a free national recycling pilot program. TerraCycle will launder usable bags and donate them for reuse by charity partners; bags that are too damaged for reuse will be recycled into raw formats that manufacturers can use to make products such as plastic shipping pallets or outdoor furniture.

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How YouTube aims to take a piece of the social commerce pie

Inside Retail

Modern consumers, especially those within the Gen Z age bracket, are becoming increasingly interested in shopping methods that differ from the traditional e-commerce model of a direct-to-consumer website or shopping online via big-box retailers. According to eMarketer, social commerce sales hit US$67 billion in 2023 and are expected to reach up to US$144.5 billion in 2027.

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Free Coffee at Wawa’s 60th Anniversary Celebration

Retail Wire

Wawa, the convenience retail store chain, is marking its 60th anniversary with a special treat for coffee consumers. On Tuesday, April 16, customers can enjoy a free cup of coffee in any size to celebrate the milestone.

ATS 130
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Aldi Deploys Computer Vision-Enabled Cashierless Checkout at Chicago-Area Store

Retail TouchPoints

Aldi has retrofitted its Aurora, Ill. supermarket with cashier-free checkout technology powered by computer vision. ALDIgo, using technology from Grabango , tracks which items shoppers put in their carts; customers can then pay with a credit or debit card or the Grabango app at cashierless pay stations or they can use traditional manned lanes. “It’s exciting to see a checkout-free capability live in one of our stores,” said Eric Traxler, VP of IT at Aldi in a statement.

Checkout 130
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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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Economic impact of TikTok highlighted in new report

Inside Retail

A new report highlights how TikTok has grown to be a powerful tool for big and small businesses alike, revealing that more than 8.5 million Australians and more than 350,000 Aussie businesses are on the platform. The inaugural TikTok Economic Impact Report by Oxford Economics has found that in the last financial year, TikTok contributed $1.1 billion to Australia’s GDP and supported nearly 13,000 jobs.

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Amazon Brings Live Shopping to Streaming TV

Retail TouchPoints

Amazon is expanding the reach of its Amazon Live shopping content with the debut of a new interactive shoppable channel on the Prime Video and Freevee streaming TV services. The HSN-style, free ad-supported TV (FAST) channel will give consumers expanded access to the content and creators of Amazon Live, which debuted in 2016 on desktop, mobile and Amazon’s Fire TV devices.

Shopping 130
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Former Catch, MySale execs launch online beauty discounter On Trend Beauty

Inside Retail

Former MySale CEO Kalman Polak and ex-Catch beauty category manager Sarah Frazer are teaming up to launch an online space offering discounts and hard-to-find beauty brands. The website – Ontrendbeauty.com.au – is a response to consumer demand for the best big brand products for less, said Polak, co-owner of On Trend Beauty. “We know customers are paying too much at the checkout both online and in-store, and we know we can make a big impact on the beauty category.

Checkout 130
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Saks.com snags up to $60M in additional liquidity

Retail Dive

The infusion from Pathlight Capital and Bank of America will bolster the luxury online player’s financial position in a “challenging macro-environment.

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Turn Your Website Into a Money-Maker: Tips for Small Business Success

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.

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7 retailers that have gone bust so far this year

Retail Gazette

Ted Baker became the latest high street casualty last month when the brand’s UK operator No Ordinary Designer Label called in administrators. It is one of several collapses reported so far this year following a record number of retail insolvencies in the year to January 31. Retail Gazette takes a look at the retailers that have gone bust so far in 2024.

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Golf fashion moves into the mainstream

Retail Dive

A new line from Tiger Woods, LVMH's latest collaboration with Tyler, the Creator and indie brands are helping to bring the sport from performance wear to streetwear.

Fashion 119
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Need live bait? Walmart has a service for that

Retail Customer Experience

The aim is to reel in customers who don’t want to get to the local bait shop super early.

Shopping 111
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Adidas, Stepn partner on NFT sneakers

Retail Dive

The Stepn x Adidas Genesis Sneakers collection is part of a one-year partnership that will see other NFT drops and physical, wearable items.

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s