Tokinomo

OCTOBER 18, 2023

Retail is an ever-evolving industry and 2024 promises to bring a new wave of changes and trends that will reshape the way businesses operate. While these trends might manifest differently across various markets, they share common elements that impact retail globally. In this article, we will delve into five key retail trends for 2024, and more importantly, we will explore the strategies and actions manufacturers, suppliers, and retailers should consider to harness these trends for their benefit.

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Inside Retail

OCTOBER 18, 2023

Gaggenau has opened its first Sydney flagship covering 260sqm on Crown Street in Surry Hills. Gaggenau Sydney features a range of products including the 400 series cooktops, ovens and wine cabinets. The store, designed by Munich-based studio 1ZU33, takes inspiration from the brand’s relationship with the culinary arts and the hospitality landscape that defines the inner-city suburb.

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Retail TouchPoints

OCTOBER 18, 2023

Gwyneth Paltrow’s Goop brand has typically been synonymous with “exclusivity” and even “elitism.” But now, the actress is attempting to re-engage with everyday consumers by launching a new beauty brand that will be sold at Target and on Amazon starting Oct. 22, 2023. Aptly called Good.Clean.Goop , the line features a collection of 14 products, from a foaming jelly cleanser to exfoliating scrubs and daily “chews” for beauty, skin and even mood.

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Inside Retail

OCTOBER 18, 2023

Luxury fashion retailer Oroton has introduced a rental service in collaboration with technology and logistics company Rntr. Customers in Australia can now rent Oroton clothing and accessories directly from the brand’s website, with new products introduced on a monthly basis. “To complement our commitment to quality and utility, it was only natural for the business to expand into rental, extending the lifespan of our products while offering an accessible experience for our customers,

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AI is rapidly transforming digital commerce, but how do you separate real opportunities from hype? Moderated by Orium, AI for Commerce: Foundations, Aspirations, and Hype , experts from Bloomreach , commercetools , Contentstack , and Fluent Commerce explores where AI is already delivering results and where its potential is still unfolding. This masterclass dives into proven AI applications, emerging innovations , and the gaps between promise and reality in commerce.

Retail TouchPoints

OCTOBER 18, 2023

In the ever-evolving world of retail, adaptability isn’t just an advantage — it’s a necessity. Today’s consumers seek immersive experiences that transcend the digital realm and come alive in physical spaces. The digital revolution has certainly elevated consumer expectations, posing a unique challenge for retailers: translating this digital vibrancy into their brick-and-mortar environments.

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Retail Wire

OCTOBER 18, 2023

HomeGoods, owned by TJX Companies, has announced the sudden closure of its online shopping platform, effective Oct. 21.

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Inside Retail

OCTOBER 18, 2023

Petstock may be required to divest several of its recently acquired pet retail businesses due to significant competition concerns raised with the Australian Competition and Consumer Commission (ACCC) amid Woolworths’ proposed acquisition of a 55 per cent stake in the company. Petstock, Australia’s second-largest specialty pet retailer, acquired Best Friends Pets, Pet City, Animal Tuckerbox, and Pet and Aquarium Warehouse in Eltham, Victoria between 2017 and 2022, deals which the ACCC was n

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Retail TouchPoints

OCTOBER 18, 2023

Melissa & Doug toys and costumes have been in homes and schools around the world for decades. (If you are a parent, you likely have at least one Melissa & Doug toy.) The brand has built incredible equity and loyalty over 35 years thanks to the advocacy of child development experts and educators. It also has grown consistently thanks to an expansive wholesale network and presence on Amazon.

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Retail Focus

OCTOBER 18, 2023

Acclaimed Lagos-based architecture practice Oshinowo Studio (formerly cmDesign Atelier) has designed sports and streetwear label adidas’s first West African flagship store in Lagos, Nigeria’s largest city. Images © Oshinowo Studio, photographer: Tolu Sanusi Located in the sought-after Victoria Island area, Oshinowo Studio won the project following a design competition held by ONL Estates with a brief to draw together Nigerian art, culture and aesthetics with the global brand’s style and personal

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Retail TouchPoints

OCTOBER 18, 2023

Two of Target ’s top executives — COO John Mulligan and Chief External Engagement Officer Laysha Ward — have announced plans to retire. Mulligan will remain in his role until February 2024, at which time he will transition to a strategic advisor role until his official retirement in February 2025. Ward will transition to a strategic advisor role immediately through her retirement in April 2024.

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Speaker: Ethan Woolley, Director at Kharon

This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia

ATS

Inside Retail

OCTOBER 18, 2023

Private equity firm Cinven is reportedly mulling the sale of British footwear brand Kurt Geiger for a suggested price of GBP400 million (US$486 million). The company is working with advisers at Bank of America on a prospective auction, according to Sky News. The sale is believed to begin in the coming months, attracting luxury goods groups and other buyout firms.

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Retail Focus

OCTOBER 18, 2023

Running a salon or spa business can be exciting but equally challenging. Competition is rife, and standing out from the crowd often involves more than just offering top-notch services. Whether you’re gearing up to launch your venture or looking for ways to boost your existing business, we’ve compiled an essential guide filled with tried-and-tested key tips that can propel your salon or spa forward in this competitive and tricky landscape.

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Inside Retail

OCTOBER 18, 2023

Iconic British retailer Marks & Spencer (M&S) recently opened the doors to its 16th store in Malaysia, cementing its already significant presence in the Southeast Asian market. Spanning 7,000 square feet, the store at Aeon Mall Tebrau City in Johor Bahru aims to redefine the shopping experience with its modern interior and diverse product offerings – from fashion to food.

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Retail Gazette

OCTOBER 18, 2023

Pepco Group has announced plans to open 400 new stores over the next financial year, as part its refocused strategy. The group unveiled its “key focus areas over the near term” before its capital markets day today in Warsaw. Pepco Group confirmed its plans to strengthen its place in key markets and scale the company across Spain and Italy.

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Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.

Customer Experience

Inside Retail

OCTOBER 18, 2023

Since filing for bankruptcy last week, pharmaceutical retail chain Rite Aid has received interim approval to access up to US$3.45 billion in debtor-in-possession financing and continue delivering healthcare products and services and to continue paying its vendors, employees, and suppliers. However, the company has raised concerns about its ability to remain in business after it said in a regulatory filing on Wednesday that its ability to continue is dependent on successfully emerging from its Ch

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Retail Dive

OCTOBER 18, 2023

The pharmacy retailer also wants to sell nearly 100 store leases, properties and pieces of land in 12 states as it looks to restructure.

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Inside Retail

OCTOBER 18, 2023

US marine apparel label Smallwoods Yachtwear has partnered with Quality Marine Clothing (QMC) to roll out into the Asia Pacific region. The collaboration aims to capitalise on the respective strengths of both companies and expand their reach in the marine clothing market. Smallwoods Yachtwear, established in 1981 in Fort Lauderdale, specialises in functional uniforms tailored for the yachting industry. “We are really excited about this new partnership, paving the way to the global expansio

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Retail Dive

OCTOBER 18, 2023

Shoppers are increasing their holiday budgets across income levels despite inflation and the resumption student loan payments.

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Outdated platforms are costing you sales. Legacy platforms like Salesforce SiteGenesis and SFRA can slow innovation, increase maintenance costs, and frustrate customers. This playbook provides a strategic roadmap to modernizing your Salesforce B2C Commerce platform using a composable approach to transition to faster, scalable, and flexible e-commerce solutions —without disrupting your business.

Retail Gazette

OCTOBER 18, 2023

New Look has successfully completed a £100m debt refinancing deal with Wells Fargo set to help the business during a tricky trading environment after posting a full-year loss before tax despite revenues rising, Retail Week reveals. Revenue rose from £839.6m in 2022 to £844.7m as the fashion retailer prioritised full-price sales while the business also recorded a 67% increase in adjusted EBITDA for the full year, from £25.2m to £42.2m.

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Retail Dive

OCTOBER 18, 2023

Hosana Fieber takes on the position as Rogan Donelly — who is part of the family that owns the company — shifts to become executive chairman.

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Retail Gazette

OCTOBER 18, 2023

Asda co-owners the Issa brother have denied taking money out of the supermarket as the pair defended the the retailer’s complex ownership structure. Mohsin Issa’s denial was part of a response to the House of Commons Business and Trade Committee following a hearing back in July. The Telegraph reports that Issa countered allegations suggesting that he and his brother Zuber distributed dividends to themselves from Asda following their £6.8bn acquisition in 2021.

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Retail Dive

OCTOBER 18, 2023

The VS & Pink Adaptive innerwear collection is designed for people with disabilities and features magnetic closures, front adjustable straps and sensory-friendly fabrics.

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In today's digital world, your online reputation can make or break your business. Protecting it requires proactive strategies, from monitoring customer reviews and social media mentions to responding professionally and showcasing positive feedback. This guide will help you establish a strong online presence, address negative comments effectively, and leverage SEO to highlight your best qualities.

Retail Wire

OCTOBER 18, 2023

Engaged Capital, an activist investment firm, has disclosed a stake in VF Corporation, the parent company of Vans and The North Face.

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Retail Dive

OCTOBER 18, 2023

The retailer’s incoming chief is targeting out-of-stocks, shrink and other inventory management issues after a year of choppy operating performance, analysts say.

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Retail Wire

OCTOBER 18, 2023

Amazon has implemented a new robotic system, named “Sequoia,” at one of its Houston warehouses to enhance inventory management and accelerate.

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Retail Dive

OCTOBER 18, 2023

But some proposals floated by Engaged Capital are already in place under new CEO Bracken Darrell and could take time to bear fruit, Wedbush said.

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Advertiser: ZoomInfo

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.

Consumer

RIS News

OCTOBER 18, 2023

Specialty tea retailer Boba Tea Company is elevating its workforce strategies, tapping into artificial intelligence to power its HR and payroll efforts.

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Retail Dive

OCTOBER 18, 2023

The athletics retailer, which now projects an operating loss of 100 million euros for the year, said its core business also did better than expected in Q3.

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Retail Customer Experience

OCTOBER 18, 2023

Savvy retailers are implementing strategies that engage employees and end burdensome tasks, boosting both service levels and associate happiness. These retailers reap the rewards of better retention, greater loyalty and increased revenue.

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Retail Dive

OCTOBER 18, 2023

The antacid brand was previously available in 650 of the mass merchant’s stores after forming a partnership in March.

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Creating a solid web presence is crucial for small business success in today's digital world. This blog covers five essential tips to help you build and strengthen your online presence. Learn how to create a professional website, optimize it for search engines, and leverage social media to engage with your audience. We'll also guide you on the importance of local listings and how to maintain a consistent brand across all platforms.