Tue.May 07, 2024

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Supermarket inquiry recommends laws against price gouging, land banking

Inside Retail

Supermarkets would be prohibited from price gouging and face stricter rules on land banking, should the government adopt the recommendations of the Senate Select Committee on Supermarket Prices. The committee published 14 recommendations, which include creating divestiture powers specific to the supermarket sector and prohibiting the charging of excess prices, otherwise known as price gouging.

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How DoorDash is Growing by Advancing its ‘Local Commerce’ Mission

Retail TouchPoints

When DoorDash launched in 2013, it was all about restaurant delivery. Now, in addition to dinner from the local taco joint, you can order garden mulch from Lowe’s , mascara from Sephora and tequila for some margaritas to spice up Taco Tuesday, all in the same app. In fact, DoorDash’s reach has expanded so much in the past decade that the company has shifted its overall mission from food delivery to becoming the “ local commerce app.

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ARA, NRA announce merger plan

Inside Retail

The Australian Retailers Association and the National Retail Association have finally signed a heads of agreement on a proposal to merge, a plan that was called off in 2019. The amalgamation of Australia’s top two retail lobby groups will result in a single unified body representing the $420 billion sector. “It makes absolute sense to create one voice for retail and to combine our strengths to support the growth of this vital sector, which employs one in 10 Australians,” said N

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Disney Struggles With Streaming Profitability

Retail Wire

Disney's recent financial report reveals a mixed bag of results, with a significant focus on the challenges of making its streaming services profitable.

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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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Why retailers are replacing staff with AI bots. Hint: it’s all about the data

Inside Retail

You might have seen viral videos of Wendy’s drive-thru customers in the United States ordering their fast food from the firm’s generative AI bot Wendy’s FreshAI. Most show a very human-like transaction punctuated with cries of amazement at how fast, accurate and polite the system is. While the system and others like it are in their infancy, and some still rely heavily on human assistance , retailers are investing huge sums in AI to replace human workers.

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Starbucks Releases Summer Menu Selections

Retail Wire

As summer dawns, Starbucks has unveiled its seasonal lineup, featuring the debut of the Summer-Berry Starbucks Refreshers beverages, available beginning May 7 in the U.S.

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More Trending

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Hy-Vee Recalls Cream Cheese, Cookies & Cream for Salmonella Outbreak

Retail Wire

Hy-Vee has issued a voluntary recall of two products due to a potential Salmonella outbreak.

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Delivery Double-Take: Instacart Adds Restaurant Orders via Uber Eats Partnership

Retail TouchPoints

Instacart has entered a strategic partnership with Uber Technologies to bring restaurant deliveries to its shoppers. During the coming weeks, Instacart app users will be able to order from hundreds of thousands of restaurants via Uber Eats. The experience will be featured in a new “Restaurants” tab within the Instacart app, and members of the Instacart+ loyalty program will get free delivery on grocery orders and restaurant orders over $35.

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Instacart Partners With Uber Eats for Restaurant Delivery

Retail Wire

The two delivery giants are working together to serve customers.

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Crocs books higher revenue, names new EVP and CFO

Inside Retail

Crocs continues to log stellar sales growth, although the company admits its secondary brand, HeyDude, is performing well below its potential. The company saw first-quarter net income increase 1.9 per cent year over year to $152.5 million as revenue rose 6 per cent to $939 million. The Crocs brand’s revenue climbed 14.6 per cent to $744 million, with North American revenue jumping 9 per cent to $383 million and international revenue soaring 21.3 per cent to $361 million.

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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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California Bill Could Force Stores To Close Self-Checkouts

Retail Wire

A California bill could change regulations on self-checkouts in stores. Some businesses may have to discontinue this service altogether.

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How retail can break free from the event calendar, but not before Mother’s Day

Inside Retail

Retail has long been reliant on calendar events to generate sales – think Christmas, Valentine’s Day and back to school. And Mother’s Day is the next scheduled celebration in this year’s lineup. It’s not hard to see why retailers are looking to tap into Mother’s Day with industry sales estimated to reach $1 billion amidst a cost-of-living and cost-of-trading crisis, according to the Australian Retailers Association (ARA).

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FAA Launches New Boeing Probe, 787 Dreamliners Under Fire

Retail Wire

Beleaguered Boeing continues to face federal woes, this time for its 787 Dreamliners.

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Why contextual targeting is the future of digital advertising

Inside Retail

The web is a very different place now than it was 30 years ago when I first went online. Google hadn’t been founded, Mark Zuckerberg was only 10, and Digital Display Ads (or “banner ads” as we called them back then) had only just been invented. To place an ad, you’d contact the website directly, negotiate a deal, and send them the ad file.

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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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Live Nation Addresses Unlikely Breakup Amid Looming DOJ Lawsuit

Retail Wire

In a recent discourse addressing the specter of a Department of Justice (DOJ) lawsuit, Live Nation's chief financial officer and president, Joe Berchtold, offered insights into the impending legal predicament.

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Lifestyle products and services: How to harness Asia’s silver economy

Inside Retail

From May 6-10 an event called the World Ageing Festival is at the Marina Bay Sands in Singapore. It sounds a bit wacky but it signifies a trend to which retailers should be paying a lot of attention. It will include a conference with more than 100 speakers and exhibitors, bringing together professionals from more than 50 countries who in one way or another are in the ‘business of ageing’ or the ‘ageing industry’ – or as it is now popularly known, the ‘silver economy’.

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Sweetgreen Introduces Steak to the Menu

Retail Wire

Sweetgreen, known for its signature salad bowls, has introduced steak to its menu for the first time, marking a significant change for the brand.

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The Beauty of Natural Light: How to Enhance Your Home with the Right Windows

Retail Focus

Natural light can transform your home, making spaces appear larger, fresher, and more welcoming. But to truly harness the power of the sun, you need to select the right windows. This article explores how you can enhance your living space by making smart choices with your window designs and placements. Understanding Natural Light Natural light is not just about brightening up your home.

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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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Apple Is Developing Chips for AI Software in Data Centers, According to Reports

Retail Wire

According to a report from the Wall Street Journal, Apple has been working on chips designed to power artificial intelligence software within data centers.

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The Significant Considerations to Make While Evaluating New Boilers Costs

Retail Focus

The Initial Investment in New Boilers The journey to purchasing a new boiler is one that involves careful consideration of both the immediate financial outlay and the long-term value. The cost of a new boiler encompasses various elements, from the initial purchase to installation, and the ongoing implications on household energy bills. Initial Outlay and Installation Charges The starting point for any boiler replacement is the cost of the boiler itself.

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Emotion Emerges as a Key Brand Value Measure in 2024

Retail Wire

In 2024, CMOs are making measurable brand value their top priority, with emotion taking on a significant role in this assessment.

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Unlocking Success: The Power of Incentive Travel Programs for Employee Motivation

Retail Focus

Incentive travel is a reward system designed to motivate and acknowledge employees for their hard work and achievements. Typically, these are not standard holiday packages but bespoke experiences that align with the company’s values and the recipient’s preferences. From exploring new cultures in distant lands to luxurious retreats in serene locations, the primary goal is to provide unforgettable experiences that fuel motivation and foster loyalty.

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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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Boohoo losses swell to £160m as it battles inflation and weakened demand

Retail Gazette

Boohoo losses swelled to almost £160m as it encountered “difficult market conditions” caused by high levels of inflation and weakened consumer demand. Sales were down 17% to £1.46bn in the year to February 29, which it said reflected its increased focus on profitability alongside the challenging market conditions. It added that its sales were also impacted by the growth of its marketplace with its commission-only revenue model.

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Understanding shopper behavior drives big wins for jewelry retailer

Retail Customer Experience

Daniel’s Jewelers is enjoying robust return-on-investment in deploying RetailNext technology to measure shopper behaviors, predict traffic counts, analyze theft and assess digital ads effectiveness. It’s also proved a big win for customers.

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Asda owners add £1.5bn of liabilities to fund EG Group petrol station deal

Retail Gazette

Asda owners piled on nearly £1.5bn of new liabilities that are not counted in the supermarket’s headline debt figures to finance the buyout of EG Group’s petrol stations business. The grocery chain revealed a £2bn takeover of the UK and Irish operations of EG Group last year, which is also owned by the billionaire Issa brothers and private equity firm TDR Capital.

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Beyond Inc. focuses on brand differentiation as losses widen in Q1

Retail Dive

The company is expected to relaunch Zulily in Q3 as it looks to build out sister brands Bed Bath & Beyond and Overstock.

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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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Morrisons acquires 38 convenience stores in the Channel Islands

Retail Gazette

Morrisons has acquired 38 stores and six fuel forecourts in the Channel Islands from long-term partner SandpiperCI. The supermarket chain said it currently supplies all the shops in some capacity, with 19 operating under its Daily fascia. The stores, which are located on the islands of Jersey, Guernsey and Alderney, reported sales excluding fuel of £124.5m in the last 12 months.

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Automatic age verification comes to self-checkout

Retail Dive

An AI-driven solution that’s being tested in Germany has eliminated the need for cashier intervention in 80% of age-restricted transactions, manufacturer Diebold Nixdorf said.

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Amazon to open £500m robot-powered East Midlands warehouse

Retail Gazette

Amazon is planning to build a new £500m robot-powered “next-generation” warehouse in Northampton, East Midlands. The new fulfilment centre will create 2,000 new jobs and will be fully operational in 2026. The warehouse will feature three floors of robotics technology, where products will be stowed and customer orders picked. The new warehouse will create 1,400 new jobs at its launch, with roles including engineers, HR and IT, finance specialists, as well as workers to pick, pack and ship custome

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How Chinese jewellery giant Lukfook aims to become a global brand

Inside Retail

In a glamorous unveiling that brought a touch of sparkle to Kuala Lumpur, Chinese jewellery retailer Lukfook Group recently marked a significant milestone in its international expansion strategy with its first Lukfook Joaillerie boutique in Malaysia. Situated in the TRX district, a hub for both finance and fashion, the new store aims to blend luxury with cultural flair, targeting the affluent consumer base of Southeast Asia.

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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