Retail TouchPoints

JANUARY 23, 2024

Over five days and a growing portfolio of on- and off-site events, the National Retail Federation brought together more than 40,000 attendees and 1,000+ exhibitors in NYC. And after three years of pandemic aftershocks, industry experts confirmed what everyone in attendance felt (especially in their aching feet): the Big Show is officially back. The positive vibe of the show was largely driven by retail executives’ obvious eagerness to explore which new technologies would help them maximize custo

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ATS Customer Retention Consumer Finance 285

Inside Retail

JANUARY 23, 2024

Korean restaurant chain Gami Chicken and Beer saw its sales more than doubled in the second half of last year, upon the introduction of healthier menu options. The restaurant, first launched in 2006, saw sales growth of 172 per cent from June to December, thanks to the addition of individual menu items. Sales of the individual items surged 152 per cent during the period. “Gami Chicken has gradually introduced individual menu items such as Bibimbap, Kkochi Salad, Gochujang Chicken, and a Ga

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Retail TouchPoints

JANUARY 23, 2024

Walmart will reportedly shut down its Store No. 8 innovation unit, according to the Wall Street Journal and other media outlets, as the retailer seeks to cut costs and find new ways to develop and test new ideas. The division, which was formed in 2017 following Walmart’s acquisition of Jet.com , has been the incubator for initiatives including shopping via text message and a recently released software development kit (SDK) to make it easier to integrate Walmart commerce into games and apps.

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Shopping Customer Experience ATS 279

Tokinomo

JANUARY 23, 2024

In an era where retail theft is evolving into a sophisticated challenge, businesses across America are facing an unprecedented surge in shoplifting and organized retail crime (ORC). These shifts are not only impacting the bottom line of businesses but also altering the shopping experience for consumers nationwide.

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Consumer Shopping 264

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Customer Experience

Inside Retail

JANUARY 23, 2024

Pureplay, listed online retailer Kogan said its gross sales fell in the first half of the current fiscal year amid inventory reduction as the company continues its evolution into a more light-capital business. Kogan’s gross sales fell 5.6 per cent year over year to $445.4 million in the first half ended December 31 last year. However, gross profit increased 42.1 per cent to $89.5 million and gross margin improved to 36 per cent.

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Retail TouchPoints

JANUARY 23, 2024

Retail media has been all the rage for the last couple of years, and for good reason. For retailers accustomed to a 10% margin, the 80% to 90% margins of a retail media network are extremely appealing. For the buy side, as privacy regulations and browser changes have come down on the traditional mechanisms for attaching audience data to media, retail media represents a saving grace.

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Advertising Promotions Marketing Returns 260

Retail Wire

JANUARY 23, 2024

The Apple electric car project, known as Titan, has been in the works for over a decade. However, it recently hit a critical juncture, prompting Apple to recalibrate its ambitions from an autonomous vehicle toward a more conventional electric car design.

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Inside Retail

JANUARY 23, 2024

Scientists and innovators are working towards creating a new generation of silk fabrics that can match the textile’s positive attributes without harming the environment, according to the latest report from the Material Innovation Initiative (MII). “Fashion designers love to use silk,” said Thomaine Dolan Dow, director of materials innovation and design at MII.

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Retail Wire

JANUARY 23, 2024

Applebee's has just launched a new unique offer: a date night pass that costs $200 and covers about a year of weekly date nights.

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ATS 147

Inside Retail

JANUARY 23, 2024

Valentine’s Day is right around the corner and retailers are already gearing up for one of the most commercially viable days of the shopping year. While Valentine’s Day has traditionally been marketed towards those in romantic relationships, efforts to broaden the scope of the holiday to include friends, pets and even oneself, have created new opportunities for a wider range of businesses to get involved.

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Jewelry Consumer Shipping Planning 130

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Accounting

Retail Wire

JANUARY 23, 2024

A limited-edition Stanley Quencher cup was briefly on sale at Target for $50, but some employees are paying a bigger price for them.

ATS 130

ATS 130

Inside Retail

JANUARY 23, 2024

In a climate-conscious society, brands are looking to become more sustainable for many different reasons, and businesses across sectors, from fashion to furniture to fast-moving consumer goods, are exploring the circular economy as part of this. Almost 200 countries have signed the Paris Accord to limit global warming to 1.5 degrees, Australia being one of them.

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Fashion Consumer Apparel Shipping 130

Retail Wire

JANUARY 23, 2024

Walmart has decided to close down Store No. 8, which served as an incubation center for fresh tech ideas.

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Retail Gazette

JANUARY 23, 2024

Lidl is investing £37m into staff pay, which will see 26,000 hourly-paid colleagues receive the “highest rates of pay” in the sector. The discounter is increasing entry level rates for staff outside of the M25 from £11.40 to £12, rising to £13 with length of service, and those working within the ring road, from £12.85 to £13.55 and increasing to £13.85 over time.

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Supermarket Marketing 119

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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.

Customer Experience

Retail Wire

JANUARY 23, 2024

In a major development, Johnson & Johnson has agreed to pay $700 million. This hefty sum is to settle an investigation led by over 40 U.S. states regarding the safety of J&J's talc baby powder and other talc-based products.

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Retail Gazette

JANUARY 23, 2024

The Co-op has unveiled plans to boost its number of members from 5m to 8m by 2030. The retailer has set the target as membership numbers rose ahead of expectations, jumping nearly 15% on last year, according to the business. The convenience giant also saw a 21% rise in its members shopping with Co-op during December. It is targetting a larger share of the convenience market via omnichannel growth, with plans to acquire new stores, more than double its number of new franchise stores, open 400 Nis

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Planning Marketing Shopping ATS 116

Retail Wire

JANUARY 23, 2024

As Apple's Vision Pro mixed reality headset pre-orders went on sale over the weekend, it has been tricky to measure if everyone who purchased a set did so through the right channel.

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Retail Times

JANUARY 23, 2024

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Many KeyStore owners have adopted the system which offers huge benefits and enables retailers to stay on top of their business wherever they are – in the shop, at home, and also on the move. For Tony and Rachael Hewson, however, the technology has also helped convict a shoplifter who targeted their KeyStore Middleham store […] If you want more info

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Shopping ATS 111

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.

Fashion

Retail Gazette

JANUARY 23, 2024

Aldi said it will create up to 500 apprenticeship roles across the UK this year. The discounter said that applications for its scheme have opened, with roles going across stores, buying, logistics and HGV driver roles. Aldi said store apprentices can earn £8.44 an hour in the first year, rising to £11.83 per hour in their third year with paid breaks.

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Supermarket ATS 111

365 Retail

JANUARY 23, 2024

Nottingham’s Victoria Centre is set to expand its retail roster with the addition of H&M this Spring. The centre, under the ownership of SGS and managed by Global Mutual with Savills overseeing property management, has confirmed that the Swedish retailer will be relocating from its current Lister Gate location. The new H&M outlet is strategically positioned in the lower mall of the Victoria Centre , occupying the space formerly held by Topshop.

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Fashion Management Location Shopping 109

Retail Wire

JANUARY 23, 2024

The term gives a trendy name to an old concept, penny pinching.

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365 Retail

JANUARY 23, 2024

Lidl GB has unveiled a substantial £37 million investment in employee remuneration. This move elevates the company to the position of offering the highest hourly pay rates in the industry for its store and warehouse staff. The announcement comes on the heels of a remarkably successful Christmas trading period. Effective from March 1st, the hourly rates for Lidl GB’s entry-level positions will experience a notable increase.

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Supermarket Marketing Location ATS 109

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Wholesale

Retail Gazette

JANUARY 23, 2024

A raft of senior Boohoo directors are understood to have left the online retailer. The ecommerce giant’s trading director Sam Brocklebank, wholesale and product operations directo Marie Laskowski, and product director Claire Asher, are believed to have left the business, Drapers reported. MissPap CEO and Boohoo group brand director Samantha Helligso is also understood to be departing from the retailer during the coming months.

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LS Retail

JANUARY 23, 2024

©iStock/wael alreweie This resource guide is created by Library of Congress to help users understand globalization, its history, the elements it comprises, and the current trends. It also provides resources for keeping current with the latest research on the subject for further exploration. Not sure if they are keeping this up to date but it's worth a look to see what they have shared on defining globalization, its history, trends, and databases.

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Retail Dive

JANUARY 23, 2024

Most stores have no vibe because retailers lost sight of what makes people get off the couch, according to WD Partners' Lee Peterson.

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Mulesoft

JANUARY 23, 2024

Digital transformation has become a crucial aspect for organizations to thrive and meet disruptions head-on. With the widespread adoption of generative AI, IT leaders have begun to adapt their strategies to meet shifting customer demands. In this blog post, we will explore the key findings from the 2024 Connectivity Benchmark Report, which sheds light on […] The post The Changing Landscape of Digital Transformation: Insights from the 2024 Connectivity Benchmark Report first appeared on Mul

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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

Customer Experience

Retail Dive

JANUARY 23, 2024

Andrea O'Donnell, who was named brands chief, has a range of merchandising and brand-building experience, including at Deckers and LVMH-owned DFS Group.

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ATS 108

RIS News

JANUARY 23, 2024

Leslie Sarasin, president and CEO of FMI, explored the impact of artificial intelligence on the food and retail industry at the recent FMI Midwinter Executive Conference. Hear her call to action.

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ATS 84

Retail Dive

JANUARY 23, 2024

Operational headaches have contributed to financial failures among some suppliers. That has created problems for retailers — and opportunities.

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ATS 111

Cisco Retail

JANUARY 23, 2024

Protecting your organization against cyber threats is a top priority. It’s no secret that data breaches and security vulnerabilities can wreak havoc on businesses.

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Management 98

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