Thu.Dec 05, 2024

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Are You Business Ready Globally?

LS Retail

©iStock/grajte The World Bank Group's Business Ready (B-READY) 2024 report introduces a rich dataset that benchmarks the business environment in 50 economies. B-READY provides a comprehensive data set and description of the factors that strengthen the private sector, not only by advancing the interests of individual firms but also by elevating the interests of workers, consumers, potential new enterprises, and the natural environment.

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How Parachute’s consistent marketing and quality designs won over millennials

Inside Retail

When you think about the types of businesses millennials and Gen Z consumers frequent, apparel or beauty brands may come to mind first, but what about home goods? Research shows that millennials make up an increasingly large part of the consumer base for home goods and furnishings, which includes products ranging from bedspreads to furniture. Data collected by the National Association of Realtors also found that millennials made up 43 per cent of home buyers in 2021, the largest generational gro

Marketing 244
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The Wait Is Nearly Over: Wendy’s Countdown to the Return of Frosty Key Tags

Retail Wire

Want a free Frosty with each visit to Wendy's? Get a Frosty Key Tag.

Returns 264
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How Flying Tiger aims to compete in Australia with playful, affordable design

Inside Retail

Flying Tiger Copenhagen has officially landed in Australia and is bringing its signature maze store layout and playful seasonal products with it. The European brand has partnered with Bernardi Group to establish a presence in Australia. The first two stores will open in Sydneys Stockland Shopping Centres before adding three further stores in New South Wales to its bricks-and-mortar network in 2025.

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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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Microsoft and OpenAI Innovators Weigh in on AI’s Future

Retail Wire

AI's future is quickly becoming the present.

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MJ Bale, North Sails collaborate on all-action marine collection

Inside Retail

MJ Bale has collaborated with North Sails to launch a 15-piece all-action marine collection, marrying natural and sustainable fibres with sailmaking expertise. The capsule includes a reversible Regatta jacket, Bertrand gilet, limited-edition ‘Smerelda’ deck blazer, chambray overshirts, vintage French terry sweats, cargo shorts and pants, cotton knits, co-branded polos and swim shorts.

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More Trending

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Amazon Sued for Excluding Low-Income Neighborhoods From Prime Delivery

Retail Wire

Amazon is facing a DC lawsuit over alleged deceptive business practices.

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Five Below Taps Forever 21 CEO to Lead Company

Retail TouchPoints

Five Below has named Winnie Park, currently CEO of Forever 21 , to take the reins as its CEO, effective Dec. 16, 2024. Previous Five Below CEO Joel Anderson left the company to lead Petco in July 2024. In her new role, Park will work closely with COO Kenneth Bull, who has been serving as interim President and CEO since Andersons departure. Co-founder Thomas Vellios will continue as Chairman of the Five Below board and work with the executive team to drive the retailers strategic priorities.

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Mass Recall of Several Vegetables Prompts Quality Control Concerns in the Farming Industry. Here’s Why

Retail Wire

The mass recall includes a variety of mixed vegetable medleys.

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Washington, D.C. AG Sues Amazon for Secretly Excluding Prime Delivery to High-Crime Zip Codes

Retail TouchPoints

Brian Schwalb, Attorney General for the District of Columbia, has filed a lawsuit accusing Amazon of failing to provide its advertised fastest delivery service to two D.C. zip codes while continuing to charge full price for its Amazon Prime service to the approximately 48,000 Prime members living there. The suit, filed in the District’s Superior Court, alleges that in June 2022 Amazon made a secret internal decision to stop using its fleet of branded trucks to make Prime deliveries to DC zip cod

Checkout 209
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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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Costco Will Close All of Its Stores for 24 Hours

Retail Wire

Costco members will have to get their supplies in advance.

Shopping 246
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Etsy Taps Depop CEO as New President and Chief Growth Officer as Marketplace Faces Critical ‘Inflection Point’

Retail TouchPoints

Amid increasing competition , handmade marketplace Etsy has announced a series of executive appointments and departures, aimed at advancing its mission to “ keep commerce human ” while putting the business back on a growth path. Kruti Patel Goyal, current CEO of Etsy subsidiary Depop and a long-time Etsy executive, has been appointed to the newly created role of President and Chief Growth Officer.

Marketing 264
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M&S Marble Arch store demolition plan gets green light

Retail Gazette

M&S has been granted approval by the Secretary of State for Housing, Communities, and Local Government to redevelop its flagship Marble Arch store, after almost four years of delays and legal battles. The approval allows the high street giant to move forward with plans to demolish the three buildings it occupies and replace them with a 10-storey mixed-use development, including a new flagship store and office space.The project includes a smaller M&S store, offices, a pedestrian arcade, a

Planning 119
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NRF Expects Returns to Ramp Up Again in 2024, Accounting for 16.9% of Annual Sales

Retail TouchPoints

Total returns are projected to reach $890 billion in 2024, up from the estimated $743 billion of merchandise returned in 2023 , according to a new report from the National Retail Federation and Happy Returns , a UPS company. This would account for 16.9% of retailers’ annual sales in 2024, increasing from 14.5% in 2023. And even though returns occur throughout the year, they are more prevalent during (and after) the holiday season.

Returns 157
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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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STEPN GO and adidas launch First-Ever STEPN GO x adidas Physical Shoe Drop

Retail Focus

Social-lifestyle app STEPN GO is thrilled to announce the next milestone in its ongoing partnership with adidas: the launch of the first-ever STEPN GO x adidas co-branded physical running shoes featuring the STEPN GO logo. This exciting development follows a successful year of collaboration between the two brands, which previously saw the release of the STEPN GO x adidas Genesis NFT Sneakers.

Fashion 147
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Approval granted for Stockland Aura retail centre in Nirimba

Inside Retail

A $5 million retail centre at Stockland Aura in Nirimba will rise late next year with construction to begin in March. The upcoming 2556sqm retail site will be close to a childcare centre, recreational park, and sports park currently under construction. Its tenants will include a mix of health, beauty, retail, and lifestyle shops and services, including Ford & Folk beauty and wellness collective and Mulberry Lane Cafe. “This centre will offer residents convenience and lifestyle right on

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‘Tis the Season for Panera Soup in New Holiday Cups

Retail Wire

Panera has launched a new series of holiday cups, perfect for soup or a coffee break.

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Salomon’s Graeme Moore on the importance of failing fast and cheap

Inside Retail

After 14 years with Adidas Australia, Graeme Moore left to head Salomon’s Australia and New Zealand expansion. Since stepping into the role five years ago, Salomon’s local business has tripled, and local brand recognition boomed. Inside Retail spoke with Moore about his passion for business, how to fail, tips for navigating professional challenges, and where he seeks professional advice.

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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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KFC Wraps Up 2024 With a Holiday Bucket, Streetwear-Inspired Merch, and Festive Meal Deals

Retail Wire

KFC is releasing a "Buckets of Joy" design, limited merch, and a Festive Feast.

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Get Future-Ready with the New Cisco Compute Hyperconverged X-Series System

Cisco Retail

Easily deploy, scale, and upgrade hyperconverged clusters—with the industry’s first Nutanix HCI solution to use a modular blade architecture.

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Dollar General Holding Its Own With Strong Q3 Earnings

Retail Wire

Dollar General posted earnings that beat expectations.

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Unlock Agile Server Management for Simplified, Sustainable Operations

Cisco Retail

Cisco UCS server administrators deploy and manage hundreds and sometimes thousands of servers across dispersed environments. With Cisco Intersight, they’re able to simplify operations with a unified management experience—as demonstrated by Intersight users.

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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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Chipotle Raises Menu Prices by 2% Nationwide To Offset Inflation

Retail Wire

Chipotle is raising its menu prices from "a place of strength.

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Why the desk chair is the most overlooked productivity tool in the workplace

Inside Retail

In an era of rising workplace technology investments, many businesses have overlooked a fundamental productivity strategy the humble office chair. According to new research by HR Review , the average employee will sit at their desk for 1300 hours this year and will hit 10,000 hours only eight years into their career. Contrary to the popular belief that it takes 10,000 hours to master a skill, using the wrong chair can lead to slouching and increased pressure on the lower back, resulting in chro

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Watches of Switzerland profits fall despite strong US demand

Retail Gazette

Watches of Switzerland reported a 4% year-on-year rise in group revenue to £785m in its first half, driven by strong growth in the US market. However, the luxury watch retailer’s adjusted EBIT dropped 9% to £66m in the 26 weeks to October 27, due to acquisition-related costs and integration efforts. Statutory profit before tax also fell 39%, reaching £41m.

Marketing 111
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Worry less during ‘the most wonderful time of the year’ by bringing AI to CX

Retail Customer Experience

The right mix of proactive communication and AI solutions will ensure customer communications are managed proactively and effectively. Here are three ways to activate technology to improve the customer experience this holiday season.

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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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Frasers Group and B&M booted from the FTSE 100

Retail Gazette

Frasers Group and B&M have dropped off the UK’s FTSE 100 in the latest reshuffle of the London Stock Exchange The update resulted in three companies being demoted from the prestigious index, making way for new entrants. Among the notable changes, board game maker Games Workshop Group has been promoted to the FTSE 100, while Frasers Group and B&M have been relegated to the FTSE 250.

Fashion 118
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Walmart CEO predicts grocery inflation will continue in early 2025

Retail Dive

The retailer also aims to grow sign-ups for Walmart+ after initially downplaying the membership program, Doug McMillon said at a Morgan Stanley event.

ATS 106
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Frasers CFO: Budget has ‘spooked’ consumer confidence

Retail Gazette

Frasers Group has warned the Budget has “spooked” consumer confidence as it prepares for its tax bill to rise £50m next year from changes to employers’ National Insurance contributions. The retail giant’s CFO Chris Wootton noted that consumer sentiment has “definitely weakened pre- and post-Budget”. “It’s obvious to anyone on the high street that the Budget has really spooked people, and frankly, the 24/7 bad news stories around it have sort of compounded that,” he said.

Consumer 111
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David’s Bridal, Five Below among new DoorDash partners

Retail Dive

The additions are part of the on-demand delivery service’s plan to expand its retail offerings.

Planning 100
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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.