Retail Focus
JUNE 6, 2024
Ghalia BOUSTANI. Expert Manager at Univers Retail | Published author | Visiting lecturer. The luxury market has been flooded with high-end and accessible luxury brands offering products and services at high prices in recent years. An alarming trend has emerged: the decline in service quality. Consumers are discovering that paying a premium does not always ensure exceptional service.
Inside Retail
JUNE 6, 2024
The Shop, Distributive and Allied Employees’ Association ( SDA ) – the retail and fast food workers’ union – has launched a case to abolish junior rates for workers, which retailers believe will pose challenges for young people getting their first job. The SDA is seeking to ensure workers 18 and over in retail, fast food and pharmacy are paid the full rate, the Australian Financial Review reported.
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Retail TouchPoints
JUNE 6, 2024
With retail media ad spend projected to reach $140 billion this year, companies outside of retail seeking new revenue streams have an opportunity to dominate the next wave of media networks. Where retailers carved out a unique ability to deliver closed-loop media measurement, large-scale businesses in verticals such as travel, sports, entertainment and delivery services can offer advertisers rich first-party data and exclusive behavioral insights into loyal, passionate and targeted audiences.
Inside Retail
JUNE 6, 2024
Ikea Australia overhauled its Sydney flagship in Tempe, NSW, to shine a light on the growing issue of homelessness in Australia. On Wednesday, customers were confronted with a car parked inside the store and a tent pitched in the restaurant, reminders of a societal issue that impacts 120,000 people every day but is often kept in the dark. It can be tricky for businesses to authentically partner with charities beyond simply making a donation to drive positive change for communities and societies.
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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.
Retail TouchPoints
JUNE 6, 2024
Dollar Tree, Inc. has initiated a strategic review of its struggling Family Dollar segment, considering options including a sale, a spinoff or “other disposition of the business,” according to a statement. “Dollar Tree has been on a multi-year journey to help the company fully achieve its potential,” said Rick Dreiling, Chairman and CEO of Dollar Tree, Inc. in a statement.
Inside Retail
JUNE 6, 2024
Up to one in two women and one in four men working in retail have experienced sexual harassment, according to new research released Friday. Researchers from the Australian Centre for Gender Equality and Inclusion @ Work (ACGEIW) published by Australia’s National Research Organisation for Women’s Safety (Anrows) concludes sexual harassment is “pervasive and persistent” in retail work with physical contact, sexually suggestive comments and jokes, intrusive questions about their private life or ap
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail Wire
JUNE 6, 2024
Walmart, the biggest private sector employer in the U.S., is rolling out a new bonus program tailored for its hourly staff.
Retail TouchPoints
JUNE 6, 2024
The Sam’s Club division of Walmart is supersizing crowdsourcing via its Member’s Mark Community, an opt-in network that boasts 50,000 engaged participants. The Community provides input on products before they reach Sam’s Club stores, from voting on exclusive flavors to testing and trialing new items. The retailer had relaunched the Member’s Mark private label brand in April 2022.
Retail Wire
JUNE 6, 2024
The updated COVID-19 shot would be made available in the fall if officially approved.
Retail Focus
JUNE 6, 2024
True Fit , the leading AI-driven platform that decodes size and fit for shoppers and fashion retailers, has announced the launch of Fit Hub, its new Generative AI (Gen AI) innovation to help consumers find the perfect fit and solve retailers’ online fit challenges. Fit Hub utilises Gen AI to synthesise all available fit and size information from retailers’ Product Description Pages (PDPs), from personal sizing recommendations, product reviews and User Generated Content (UGC), sales & returns
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Inside Retail
JUNE 6, 2024
Athletic apparel company Lululemon has released its first-quarter results, reporting a boost in net revenue of 10 per cent to $2.2 billion. Calvin McDonald, CEO of Lululemon, said the first quarter saw strong momentum and growth in international markets. “We are pleased by the progress we are making to optimise our US product assortment,” said McDonald.
Retail Focus
JUNE 6, 2024
Game-changing travel innovation and expert craftsmanship define new premium luggage brand, Timothy London. The British-based brand stands out from the travel pack with its superior product design, showcasing travel-led innovation and engineering excellence. Timothy London is poised to establish itself as one of the world’s leading luggage manufacturers, delivering the perfect travelling companion for all of life’s adventures.
Inside Retail
JUNE 6, 2024
Designer brands are working to combat the luxury slowdown. They have realigned their strategies to target older consumers with higher incomes who are typically less affected by economic downturns and spending more than pre-pandemic levels. This is causing the sector to become even more exclusive. Hermès, for example, is eschewing catering to the masses and doubling down on its scarcity-driven product and sales model.
Retail Wire
JUNE 6, 2024
American Airlines continues to face a myriad of woes as the threat of a flight attendant's strike looms heavily over the embattled airline.
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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.
Inside Retail
JUNE 6, 2024
The Fair Work Ombudsman has secured $86,674 in penalties and back-pay orders in court against the former operators of a Sydney shoe retailer C de C Shoes. The penalties are a direct result of the company’s failure to comply with a compliance notice ordering the calculation and back-payment of entitlements to a retail worker at the C de C Shoes stores between November 2019 and June 2021.
Retail Wire
JUNE 6, 2024
Amazon has reached an agreement to purchase MX Player, the Indian video streaming platform, from Times Internet.
Inside Retail
JUNE 6, 2024
Singapore-based furniture and homewares retailer, Castlery has unveiled its Sydney showroom with the hopes of redefining the furniture shopping journey. The Sydney store, located in the heart of Supa Centa Moore Park, is unique from the brand’s other stores, all located in Singapore. The showroom facilitates the online-to-offline shopping experience with its 576sqm space fitted out with 17 immersive room sets.
Retail Wire
JUNE 6, 2024
Dunkin' has teamed up with the cleaning brand, Scrub Daddy, to bring some fun to your dishwashing routine.
Advertiser: Experience Retail Today
I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.
Inside Retail
JUNE 6, 2024
Alibaba co-founder and chairman Joe Tsai recently sat down with Kam Shing Kwang, JP Morgan’s chairwoman of North Asia and vice chair of investment banking in Greater China, for a fireside chat at the 20th annual Global China Summit. In addition to discussing the e-commerce giant’s investment in GenAI and innovation, he also reflected on building a winning culture, evolving as a leader and how he stays mentally and physically fit.
Retail Wire
JUNE 6, 2024
Shoppers at T.J.Maxx may now notice security workers equipped with police-style body cameras in select stores.
Inside Retail
JUNE 6, 2024
Alibaba’s retail label Freshippo has debuted at 99 Ranch Market, the largest Chinese supermarket chain in the US, and Yamibuy, North America’s largest online retailer of Asian goods and groceries. And its next step in a global rollout is Australia, the company has confirmed. The launch marks the first time a Chinese-headquartered supermarket has begun large-scale exports of its own-brand products abroad.
Retail Wire
JUNE 6, 2024
Five Below is experiencing a decline in comparable sales as inflation impacts consumer spending habits.
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Retail Gazette
JUNE 6, 2024
Boohoo has been hit with an investor lawsuit in the UK after allegations of modern slavery breaches wiped more than £1bn from its share price. A group of institutional investors claim the fast fashion giant failed to disclose serious labour rights violations at its suppliers’ factories and keep its past promises of fair production. A report in The Sunday Times in 2020 revealed multiple alleged incidents of the mistreatment of workers , highlighting that some employees were paid as little as £3.5
Retail Wire
JUNE 6, 2024
The convenience chain is planning an expansion of 40 stores in and around the Kentucky.
Retail Gazette
JUNE 6, 2024
Amazon is facing a £1bn damages claim on behalf of retailers selling on its UK marketplace, marking the biggest ever collective action launched by UK retailers. The claim, which will be filed today, alleges that the ecommerce giant illegally misused the retailers’ data and manipulated the ‘Amazon Buy Box’ to benefit its commercial operation and overall revenues and profit.
Retail Wire
JUNE 6, 2024
The grocery chain will reopen 15 stores in Chicago, Dallas, and Texas this summer.
Speaker: Jennifer Wright and Nick Barron
2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt
Retail Gazette
JUNE 6, 2024
N Brown said it was targeting sustainable growth after returning to statutory pre-tax profit despite sales falling nearly 10%. The Jacamo and Simply Be owner returned to a pre-tax profit of £5.3m in the 52 weeks to 2 March, up from a loss of £71.1m the year before. It came as group sales fell 9.8% to £600.9m, which it attributed to the “continued challenging market conditions”.
365 Retail
JUNE 6, 2024
British retailer Monsoon has launched a new partnership with clothing rental business MyWardrobe , offering customers a capsule collection of bridalwear and occasion dresses for hire. This initiative, Rent Monsoon, is now available on Monsoon’s website, just in time for peak wedding season. The rental service allows fans of the contemporary and expressive brand to access a range of beautiful wedding dresses, including the bestselling feather-trimmed bridal jumpsuit, as well as a limited co
Retail Gazette
JUNE 6, 2024
Planned strike action at two Morrisons warehouses has been suspended after the supermarket made a new pay offer. Around 1,000 employees at the grocer’s warehouses in Gadbrook in Cheshire and Wakefield in West Yorkshire went on strike from 23 to 26 May in a dispute over pensions and take-home pay. Unite claimed staff were being forced to increase their own pension contributions while Morrisons reduces its by the same amount in a change that would leave workers £500 a year worse off.
Retail Times
JUNE 6, 2024
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Lidl is on the search for three festival fans to attend this summer’s party circuit as official ‘Merch Muses’ – individuals dripping head to toe in the supermarket’s new cult merch collection. Lidl’s merch range has already become an established staple of outlandish festival fashion, worn by only the most iconic partygoers.
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With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.
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