Mon.Oct 30, 2023

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Unlocking Commerce: The Win-Win of Dynamic Currency Conversion

Retail TouchPoints

As we navigate the complexities of global commerce, the need for efficient and transparent international transaction methods becomes increasingly apparent. One such payment option that has demonstrated its effectiveness in streamlining these transactions is Dynamic Currency Conversion (DCC). DCC is an optional service offered at the point of sale, allowing customers to view the cost of their purchases in their home currency.

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McDonald’s Revenue Increases as Some Pay $18 for a Big Mac

Retail Wire

While McDonald's revenue increases, so do its prices.

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Unilever Sells Dollar Shave Club as it Refocuses on ‘Core Strategic Growth Areas’

Retail TouchPoints

Unilever has sold subscription razor brand Dollar Shave Club to the U.S.-based private equity firm Nexus Capital Management for an undisclosed amount. Unilever will retain a 35% minority stake in the company after the sale closes later this year. The sale comes a little over seven years after Unilever bought the buzzy DTC brand for an estimated $1 billion.

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Halloween Candy Prices Surge by 13% This Season

Retail Wire

The price of Halloween candy has seen a sharp increase of 13% this year.

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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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Crocs, Beyond Yoga, Maje and More Add Resale Programs in Time for the Holidays

Retail TouchPoints

There’s a chill in the air but resale remains hot, with major brands — including Crocs , Beyond Yoga , Tommy Hilfiger Men’s and Maje jumping into the circularity movement. The influx of new secondhand offerings arrives just in time for a holiday season when consumers are largely expected to be more price-conscious than ever as they face continued economic pressures.

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From moto to marathons: What’s next for performance apparel brand Sa1nt

Inside Retail

With the launch of SA1NT Layers, Former 2XU owner Aidan Clarke has gone back to his roots, with a renewed focus on performance and recovery sportswear apparel. The brands’ capsule collection has a distinct focus on compression wear – with the brand working to educate customers about its benefits. Here, Clarke reflects on how the SA1NT business has evolved since 2015, and the opportunities that are present in the recovery space.

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More Trending

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Melbourne Fashion Week to ban feathers

Inside Retail

Melbourne Fashion Week will ban the use of feathers across its runways beginning FY24 in a bid to protect wildlife, as feathers have become the new fur in the fashion industry causing cruelty and death among birds. It is the only global fashion week to implement a ban on wildlife-derived materials, according to the Feathers are the New Fur report published by the World Animal Protection Australia and the Collection Fashion Justice.

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Facebook and Instagram Launch Ad-Free Subscription Options in Europe

Retail Wire

Meta, the parent company of Facebook and Instagram, has announced the introduction of ad-free subscription plans for users in Europe.

Planning 264
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Shein buys Missguided brand from Britain’s Frasers

Inside Retail

Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley’s Frasers Group, the e-commerce giant’s first purchase of a British brand. Frasers said on Monday, Shein will acquire the intellectual property and trademarks of Missguided, while Frasers will retain its real estate and employees which have now been integrated into Frasers’ fashion division.

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FreshDirect Picks 6 ‘Rising’ Companies for New Local Supplier Initiative

Retail TouchPoints

FreshDirect has selected six NYC-area brands for its initial Rising Industry Producers and Entrepreneurs (R.I.P.E.) initiative, a one-year pilot program for food, beverage and personal care brands with retail ambitions. The emerging and diverse-owned companies will receive expert advice and be able to leverage internal FreshDirect resources to grow their brands, including help adapting strategies for ecommerce success and expanding their customer base in the tri-state area.

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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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Restaurant Surcharge News Goes Viral

Retail Wire

Is this $50 surcharge for noisy kids too much to ask for?

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The Power of Pricing: How to Secure the Buy Box at Higher Rates

Wiser

Understanding the dynamics of pricing in the eCommerce landscape is critical for any online merchant. Among various strategies to boost sales, securing the Buy Box plays an instrumental role in providing shoppers with a seamless online shopping experience. The Buy Box is a feature on many eCommerce platforms, popularly Amazon, where customers can directly proceed to purchasing products without having to navigate through multiple sellers.

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LEGO Announces New History Museum Set with 4,000 Pieces

Retail Wire

Are you ready to build the new LEGO History Museum?

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Comfort and compression: Skims brings innovation to men’s apparel

Inside Retail

Last week, multi-franchise mogul Kim Kardashian announced the latest addition to Skims, her shapewear and apparel line, with the launch of a new product range dubbed S k ims Men. At this point in time, Skims Men will consist of underwear, tees, leggings, and socks, although Kardashian, who is the co-founder and creative director of the brand, has hinted that the brand may be releasing men’s shapewear in the future.

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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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Walgreens and CVS Pharmacy Employees Plan Pharmageddon

Retail Wire

Could this be the beginning of the Pharmapocalypse for Walgreens and CVS Pharmacy?

Planning 130
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From styling Beyoncé to a Paris salon: The rise of Marie France Van Damme

Inside Retail

In a world where fast fashion often takes the spotlight, Marie France Van Damme stands as a beacon of slow, deliberate artistry. Recently worn by none other than Beyoncé for her iconic Renaissance World Tour, the Hong Kong-based designer fashion brand is entering a new phase of growth. With a newly-opened salon in Paris – strategically nestled among fashion titans like Dior and YSL – and a diverse clientele that includes A-list celebrities, the luxury label, which is best known for its silk caf

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UK private equity firm in talks to acquire The Body Shop

Retail Dive

Owner Natura & Co. months ago told shareholders it was looking for buyers for the struggling personal care brand.

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Adore Beauty posts growth despite challenging market conditions

Inside Retail

Online beauty retailer Adore Beauty has reported revenue of $47.5 million for the first quarter ended September 30, up 4.7 per cent year over year. The increase was supported by growth in active customers, successful loyalty and promotional activity, and a record 497,000 returning customers, the company said. Tamalin Morton, CEO of Adore Beauty, described it as a “solid start” to FY24 although trading conditions remain challenging.

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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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Target to offer weekly deals through Black Friday weekend

Retail Dive

The retailer is also bringing back its price match guarantee for the season, which will meet select competitors’ prices for two weeks after purchase.

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Small Businesses Win Hearts: Warm Welcomes, Complimentary Samples and Exclusive Birthday Discounts Elevate the Shopping and Customer Experience

365 Retail

In an era marked by financial caution, the dynamics of shopper loyalty are shifting, particularly in light of the ongoing cost-of-living crisis. A comprehensive survey by Tyl by NatWest offers a deep dive into the changing relationship between consumers and retailers, examining the factors that attract shoppers to both small boutiques and large commercial outlets.

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The Skinny Confidential lands in Nordstrom

Retail Dive

The move marks the first nationwide retail partnership for the company’s beauty brand, which launched in 2021.

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Crocs Launches Takeback Pilot Program

RIS News

Crocs has initiated a retail takeback pilot program, aimed at enhancing its sustainability and circular economy efforts.

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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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Corrugated box industry cuts a box’s greenhouse gas emissions in half

Retail Dive

Corrugated boxes’ environmental impact substantially reduced, greenhouse gas emissions cut in half.

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PPDS launches new ‘sized up’ 32” Philips Tableaux ePaper display including latest E Ink Spectra™ 6 technology for retail environments

365 Retail

PPDS, the exclusive global provider of Philips Professional Displays and complementary solutions, is delighted to announce the latest evolution of its multi-award-winning ePaper signage range, with the launch of the new 32” (16:9) Philips Tableaux 5150I for retail environments. Extending PPDS’ global strategy and commitment to bringing high-impact, more sustainable, energy conscious solutions to market, the new 32” Philips Tableaux 5150I signals a breakthrough in technology for larger form facto

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The Home Depot names new leaders for pro sales, stores

Retail Dive

The company is deepening its focus on the pro segment as inflation continues to depress DIY discretionary spending.

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Shein snaps up Missguided from Frasers Group

Retail Gazette

Shein has snapped up UK fashion brand Misguided from Frasers, just over a year after the group bought the business Shein bought the IP for the brand and is set to manage and license Missguided via Sumwon Studios, and will make the items to be sold on both Missguided.com and its own website. Frasers will keep Missguided’s real estate and staff, which have been integrated to its fashion division.

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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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Consumers, inflation give hopeful Halloween retailers a dose of the scaries

Retail Dive

Total Halloween spending is forecast to hit $12.2 billion this year, but rising wage and sugar costs are cutting into profits.

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Amazon staff announce Black Friday strikes at ‘Make Amazon Pay’ summit

Retail Gazette

Amazon staff have unveiled plans for protests and strikes on Black Friday across over 30 countries, including the UK. Plans for the day of action on 24 November were revealed during the first “Make Amazon Pay” summit of political leaders and trade unionists last week in Manchester, where staff were urged to “join the global fight for their rights” The news follows Amazon reporting its profits tripled to roughly £8.2bn on Thursday.

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Stand out this holiday season: How WebAR can create unforgettable brand experiences

Retail Dive

Learn how WebAR transforms holiday marketing with immersive experiences, driving engagement and conversions.

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The Home Depot Names Senior EVP and EVP of U.S. Stores and Operations

RIS News

The Home Depot announced two leadership changes to align the organization around its largest growth opportunity – pro customers.

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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