Wed.Nov 20, 2024

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Target Takes a Hit: Retail Giant’s Q3 Earnings Fall Short

Retail Wire

Target's poor results for Q3 2024 were likely caused by extra supply chain costs and restrained consumer spending.

Consumer 130
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FlyBuys to open Sydney pop-up store

Inside Retail

FlyBuys will host a pop-up store in Sydney on Saturday, where members can choose a range of rewards such as travel and experiences and everyday essentials. Participating brands include Bissell, iRobot, Bosch, GHD, Apple, Velocity Frequent Flyer, Coles and Liquorland. FlyBuys said that members do not need to use any of their points to avail of the “redemption” of their choice.

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How Programmatic Media Buying is Leveling the Playing Field for Smaller Retail Media Networks

Retail TouchPoints

It’s hard to find a topic that all marketers agree on, but if there is one, it’s likely that programmatic ad buying continues to be a dominant channel for advertisers looking to scale. In fact, it will make up the vast majority — over 91% — of the current U.S. digital advertising spend in 2024, according to eMarketer. With programmatic spend increasing and the platforms themselves launching more advanced services for advertisers of all sizes, there has never been a better opportunity for smalle

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How Bronte Campbell’s Earthletica is raising the bar for sustainable activewear

Inside Retail

Olympic gold medallist Bronte Campbell’s sustainable activewear brand Earthletica is taking a priceless not-purchased approach to Black Friday by hosting a free community event at Bondi Pavilion on November 29 to promote connection over consumption. “Black Friday has become a symbol of over-consumerism,” Bronte Campbell, Earthletica founder, told Inside Retail.

Fashion 257
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5 Ways You Can Win Faster with Gen AI in Sales

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.

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Petco Helps Welcome Furry New Family Members, Chewy Sponsors Free Adoptions

Retail TouchPoints

Petco has introduced a new “Welcome to the family” program, available at stores beginning Nov. 25, 2024. The free booklets, for both dogs and cats, include practical guidance and shopping checklists created by the retailer’s veterinary, training and grooming teams, plus exclusive pet services and savings on Petco-owned brands. And just in case that’s not enough adorableness for you, Chewy has brought back its Chewy Claus letter-writing campaign.

Location 206
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FDA Report Exposes Disturbing Health Violations at Tom’s of Maine Factory

Retail Wire

Tom's of Maine received a letter of warning after the FDA found bacteria-contaminated water at its plant.

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Pizza Hut Debuts a Tomato Wine That Tastes Like Pizza

Retail Wire

Pizza Hut's new adult beverage captures the fast-food favorite in every sip.

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Toys ‘R’ Us Powers Ecommerce Site for USPS’ Operation Santa Donation Program

Retail TouchPoints

The U.S. Postal Service has launched an online ecommerce catalog powered by Toys ‘R’ Us for the fulfillment of gifts in its Operation Santa program. For 112 years Operation Santa has allowed the public to “adopt” letters to Santa written by children and families to help make holiday wishes come true. The new ecommerce platform, called Santa’s Gift Shoppe , was developed exclusively for USPS Operation Santa letter adopters to make it easier for participants to shop for the perfect gift and ship

Shipping 219
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Space NK hails double-digit customer growth as profits surge

Retail Gazette

Space NK has posted strong results for the financial year ending in March with sales and profits soaring. Pre-tax profit rocketed from £1.5m to £7.5m while turnover jumped more than a third (34%) to £196.5m year-on-year. The premium beauty retailer’s growth has continued into the current financial year, with half-year sales up 38% year-on-year.

Wholesale 114
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Citi Trends Promotes Interim CEO to the Position Full-Time

Retail TouchPoints

Citi Trends has named Ken Seipel as its new CEO, a job he has held on an interim basis since June 2024. The value-priced apparel retailer also named Peter Sachse, currently Executive Chairman of the Board, as Chairman. Seipel, who has served on Citi Trends’ board since 2019, brings experience in public and private equity as well as with Fortune 500 retail companies.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

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

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DIY Acai cafe Blitz Bar lands on Melbourne’s Chapel Street

Inside Retail

DIY Acai bar Blitz Bar has opened a store on Chapel Street, the brand’s third location since its launch last year. The store has 100 seats and a clean, aesthetic, and modern decor with subtle green and soft blush tones accented with finishes such as Taj Mahal marble, rich woods, and terracotta tiles. It serves self-service acai with more than 30 DIY toppings, as well as a smoothie bar menu, coffee, health foods and nutritious snacks.

Location 130
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Exclusive Walmart Q&A: ‘The Best Ideas Come from Associates’

Retail TouchPoints

Cedric Clark didn’t originally intend to have a career in retail, much less rise to the heights of EVP of Store Operations at Walmart , one of the world’s largest retailers. At the beginning of his working life he was an athlete, playing basketball professionally overseas when 9/11 interrupted that journey, at least temporarily. Cedric Clark He took a job as a sporting goods associate in a Washington state Walmart store as a means to support himself before he found his next athletic opportunity,

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Salomon taps new CEO

Inside Retail

Sporting goods retailer Salomon has promoted Guillaume Meyzenq to CEO, effective January 1. Meyzenq is currently the company’s chief product officer. He started in the company as an intern in 1994 and became the EMEA export sales manager in 1996. Over the years, Meyzenq held several leadership roles at Salomon including SVP for footwear and bags, VP for footwear, and business director for EMEA apparel and footwear. “From sales to product management, including business development, I&

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Nordstrom Gives App, NYC Flagship Holiday Glow-Ups

Retail TouchPoints

Nordstrom is all geared up for the holidays, with a refreshed app and new in-store services and experiences designed to make shopping this season easy and fun whether in stores or online. Nordstrom’s Revamped App Aims for Inspiration Image courtesy Nordstrom Nordstrom’s refreshed mobile app features a completely new look and feel on the homepage alongside a range of new features, including: Interactive editorial content like trend reports, which blend the expertise of Nordstrom’s stylists

Shipping 218
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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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With low vacancies and global brands, Rundle Mall is drawing attention globally

Inside Retail

Adelaide’s Rundle Mall already boasts the lowest rate of vacancies of any of Australia’s pedestrianised malls, at about 5 per cent. And with major international brands continuing to make their South Australian debuts in the heart of the city, that figure is set to shrink even further. Total consumer spending in Rundle Mall reached approximately $1.4 billion in the latest financial year, with 85 per cent of retail spending in the City of Adelaide council area occurring within the mall and its con

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Comcast Spinoff Plans Materialize: MSNBC, CNBC, and E! Headed to ‘SpinCo’

Retail Wire

Comcast announces spinoff of several properties, including MSNBC, CNBC, and E!

Planning 130
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KeyNow to start trial in Mitre 10 stores

Inside Retail

Self-service key duplication service KeyNow will start a trial in Mitre 10 Stores. The company claims its self-service kiosk-style machine can reduce the error rate to less than 1 per cent while freeing up store staff time and streamlining the customer experience. KeyNow’s machine uses robotics, electronics and software engineering to read the inserted key and duplicate it within a few minutes.

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Taco Bell Foundation Announces Opening of Live Más Scholarship

Retail Wire

Taco Bell's Live Más Scholarship will distrubute upwards of $14M.

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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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Australian Fashion Week 2025: AFC CEO on stepping up and what’s different

Inside Retail

The Australian Fashion Council (AFC) along with the broader fashion industry was taken aback by IMG’s abrupt exit from Australian Fashion Week (AFW) last week. “We had no advance notice of this. But we have a duty to act on behalf of our members, so we can’t just sit back and wait to see what happens,” Jaana Quaintance-James, CEO of the AFC, told Inside Retail.

Fashion 130
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McDonald’s Celebrates the Return of the McRib With Vintage-Styled Ad Based on a Christmas Classic

Retail Wire

McDonald's is not only selling the McRib this holiday season, but also a half-gallon jug of sauce.

Returns 130
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Kering’s executive reshuffle: New CEOs for Saint Laurent and Balenciaga

Inside Retail

Earlier this week, Kering underwent an executive reshuffle , naming Cédric Charbit and Gianfranco Gianangeli as CEOs of Saint Laurent and Balenciaga, respectively. This latest round of executive changes follows closely on the heels of Stefano Cantino’s appointment as Gucci’s CEO last month. Charbit will succeed Francesca Bellettini, Kering’s deputy CEO, who will then focus on the brand development of all Kering fashion, leather goods and jewellery houses.

Fashion 130
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Shake Shack Cheeseburgers Take to the Skies Aboard Delta Air Lines

Retail Wire

Shake Shack cheeseburgers could be headed to a Delta flight near you.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

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.

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Target misses Q3 earnings expectations, lowers guidance

Retail Dive

The retailer will focus on deals and value as consumers become pickier with discretionary purchases.

Consumer 113
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Zaxby’s Announces New Menu Items and Brings Back 4 Fan Favorites

Retail Wire

Zaxby's is getting into the holiday season.

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Consumers plan to spend $125B over Thanksgiving weekend

Retail Dive

That’s about $5 billion less than shoppers spent during the five-day period in 2023, according to a recent survey from ICSC.

Consumer 112
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Blackstone Acquires Jersey Mike’s in $8 Billion Deal

Retail Wire

Jersey Mike's has been bought out by the private equity firm.

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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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Retailers right to warn of post-Budget job cuts, says Bank of England chief

Retail Gazette

Bank of England governor Andrew Bailey has said retailers are right to warn the government of potential job cuts due to tax rises unveiled in the Budget. The governor appeared before the cross-party Treasury select committee yesterday (19 November), after nearly 80 retail bosses wrote to Chancellor Rachel Reeves to warn that increasing costs would make “job losses inevitable, and higher prices a certainty”.

Planning 107
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Wendy’s Will Launch in Ireland & Expand in the UK, Creating Thousands of Jobs

Retail Wire

Wendy's is expanding across the pond.

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Morrisons gears up to close Rathbones bakery business, 400 jobs at risk

Retail Gazette

Morrisons is getting ready to close its Rathbones bakery, putting 400 staff members at risk of redundancy. The move comes after the supermarket giant explored all options for the facility, The Grocer reported, with speculation around a potential purchase of the Wakefield factory by Hovis having circulated this year. However, the two companies did not reach an agreement.

Grocer 105
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Wendy’s to expand across the UK with several new locations

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Iconic American hamburger brand Wendy’s® is continuing its delicious expansion across the U.K. with a host of fresh new restaurants that will create approximately 120 jobs across four locations, promising to bring Wendy’s fresh famous food to more fans across the country.

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Activating Intent Data for Sales and Marketing

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.