Fri.Dec 01, 2023

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Transforming Inventory Visibility for the Omnichannel Consumer

RIS News

In a time where the sources of inventory supply seem to be growing, retailers face an increasingly complex challenge —delivering precise, real-time inventory data higher up the shopping funnel to meet the demands of today's omnichannel fulfillment la

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Black Friday Football Post-Game Report: A Win for Amazon, but Room for Growth

Retail TouchPoints

Our Editor’s Perspectives columns offer insights and opinions from the Retail TouchPoints editorial team as they dig into the latest trends in retail, marketing and tech. Remember the Black Fridays of yore? Frenzied masses lined up in the cold, then a stampeding rush to be the first to get at the discount TVs? Well, those days seem to be largely gone, and likely for the better — I don’t think anyone misses what was once an annual bodily injury count on the Saturday after Black Friday.

Shopping 289
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$25 Flights for Amazon Prime College Students

Retail Wire

While traveling across the country can cause a dent in a student's budget, there's hope on the horizon this year with $25 flights for Amazon Prime college students.

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Circular economy retailer Circonomy opens purpose-built store in Melbourne

Inside Retail

Circonomy has established a purpose-built ‘re-commerce’ store in Reservoir, Victoria, to provide shoppers with economical and sustainable options in the face of escalating living costs. In collaboration with national companies including Catch, Officeworks, David Jones, and Azura, Circonomy provides consumers and businesses with a retail experience, with new products arriving weekly or daily.

Shopping 278
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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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Southwest Airlines Nears Agreement with Pilots Union on Contract

Retail Wire

Southwest Airlines, along with its pilots union, is nearing an agreement on a new contract that intends to increase salaries for over 11,000 pilots.

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Milwaukee distributor hit with record fine for resale price maintenance

Inside Retail

Power tool supplier Techtronic has been fined $15 million for resale price maintenance conduct in relation to Milwaukee branded products. The penalties are the highest imposed for resale price maintenance in Australia, according to the Australian Competition & Consumer Commission (ACCC). Techtronic admitted it had entered into 97 agreements with retailers and dealers between January 2016 and July 2021.

Wholesale 272

More Trending

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Meta Preps to Bring Threads to Privacy-Conscious Europe as Musk Tells Fleeing X Advertisers to ‘Go F—’ Themselves

Retail TouchPoints

Meta is ready to launch its Twitter/X -competitor Threads in Europe this month, The Wall Street Journal reports, citing people familiar with the matter. When Threads initially launched in July 2023 it was available in most global markets, but Meta held off on launching in Europe because of that region’s strict regulations around online services and data privacy.

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A New Plant-Based, Non-Diary Kraft NotMac&Cheese Is Revealed

Retail Wire

Will Kraft NotMac&Cheese become a household staple?

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7-Eleven International Buys 7-Eleven Australia for $1.1 Billion

Retail TouchPoints

7-Eleven will make a cash purchase of the 751- store 7-Eleven Australia chain for $1.71 billion Australian ( $1.1 billion U.S.). The retailer, a long-time licensee of 7-Eleven, is the country’s largest independent convenience store chain, employing more than 9,000 people across the corporate and franchise network. The transaction is expected to close during Q2 2024.

Planning 264
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Most Reliable Cars According to Consumer Reports

Retail Wire

See where your vehicle falls in Consumer Reports' survey of most reliable cars.

Consumer 263
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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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The Harmonious New Workforce: Striking the Chords of the Modern Work Landscape with Offshore Talent

Retail TouchPoints

The era of cramped cubicles and solitary office spaces has faded into the past. In lieu of the monotonous buzz of fluorescent lights, a vibrant atmosphere of collaboration now extends far beyond the confines of traditional offices. In this modern age, talent knows no geographical bounds, spanning across time zones, cultures and continents. Distances between us are reduced to mere pixels on screens, and proximity is no longer the sole measure of productivity.

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Ulta Beauty Triumphs Despite Economic Uncertainties

Retail Wire

Ulta Beauty's shares experienced a significant boost in after-hours trading last Thursday, following its Q3 earnings call.

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Rite Aid to Shutter 31 Additional Stores as Part of Restructuring

Retail TouchPoints

Rite Aid plans to close an additional 31 stores across 12 states as part of its bankruptcy restructuring, multiple sources report. These closures join the 154 store closures that the pharmacy chain announced in October 2023. Despite these 31 additional stores, the total number of closures announced thus far is still significantly lower than the 400 to 500 stores originally predicted to be on the chopping block.

Planning 263
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Electric Cooktops Named by GE Appliances Recall

Retail Wire

A GE appliances recall has been announced to prevent burns.

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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 Creates Tool for Discovering Prescription Discounts

Retail TouchPoints

Walgreens has partnered with RxSense to create the Rx Savings Finder , providing shoppers with easier access to prescription discounts. Now available free to Walgreens customers nationwide, the tool finds free third-party discount cards for thousands of medications and offers customers transparent pricing before they reach the checkout counter. Patients can access the discount card prices by text message or email, which can be presented at a Walgreens pharmacy to be applied to the price of their

Checkout 262
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McDonalds to Revamp Classic Burgers, Here’s How

Retail Wire

The fast food giant is making big changes to its iconic burger recipe. Here's what fans of the golden arches can expect.

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Responding to Activist Investor Pressure, VF Lays Off Corporate Employees

Retail TouchPoints

VF Corp. , the parent of brands such as Vans , The North Face and Timberland , has laid off approximately 500 corporate employees across the organization. The news comes about one month after the company unveiled its “Project Reinvent” transformation , which was designed to alleviate pressure from an activist investor. “As part of VF’s new Reinvent strategy, and with the aim of improving operational efficiency, we have eliminated approximately 500 salaried positions across the company globally,”

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Cost of Living & Most Expensive Cities

Retail Wire

The cost of living and most expensive cities will surprise many.

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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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Webinar — Cleaning Up Retail Lighting

Retail Focus

With just one week to go, here is a quick reminder of your exclusive opportunity to join Shoplight on their webinar, An Industry Challenged — Our Solution to Cleaning Up Retail Lighting. Explore how innovative bioplastics can revolutionise retail lighting, reduce carbon emissions, and drive sustainability in the retail construction sector. Learn about the thinking behind Shoplight’s circular economy lighting solution and what that means for the future of retail lighting together with innovative

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Thanksgiving holiday weekend sees ‘record number’ of shoppers: NRF

Retail Dive

Over 200 million consumers shopped on Thanksgiving Day through Cyber Monday, surpassing expectations by more than 18 million.

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Subway Adding Footlong Cookie to Its Permanent Menu

Retail Wire

Subway will add its foot long cookie to the sandwhich chain's permanent menu beginning in early 2024.

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Giant shopping centre solar and battery project launched at Narellan Town Centre

Inside Retail

The first stage of Australia’s largest shopping centre solar and battery microgrid has been launched by Minister for Climate Change and Energy Chris Bowen at the Narellan Town Centre (NTC). Developed by Specialist renewable energy and storage fund CEP.Energy, the renewable rooftop power plant provides about 35 per cent of the shopping centre and its 270 tenants’ energy needs.

Shopping 130
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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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Activewear brand Bandier seeks buyer for IP, assets

Retail Dive

After facing headwinds, including supply chain challenges, the brand is now conducting an expedited sale process through a bankruptcy alternative.

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Post-Black Friday blues: we hate to say we told you so

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! By David Moore, client services manager, Roq, the quality engineering consultancy So, Black Friday (or moreover, month, as it tends to be these days) and Cyber Monday has been and gone, leaving many of us penniless and online retailers scratching their heads as to why their plans went awry.

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Big Lots’ net sales fall nearly 15% in Q3

Retail Dive

The retailer also announced two new executives, including a chief stores officer and a leader of extreme value sourcing.

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Poundland festive trucks hit the roads for Christmas

Retail Gazette

Three Poundland Christmas trucks are set to hit the roads today, delivering goods to its stores until Christmas Eve. In a stunt paying homage to Coca-Cola’s iconic truck campaign, the discount retailer’s vehicles have embarked on the journey from the North Pole, locally known as its three main distribution centres, Harlow, Wigan and Springvale.

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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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Ulta CFO to retire amid 6.4% sales growth

Retail Dive

Scott Settersten, who has held the role for more than a decade, will leave in April. Senior Vice President of Finance Paula Oyibo will replace him.

Finance 115
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The Body Shop reignites fight against animal testing

Retail Gazette

Cosmetics retailer The Body Shop has reignited its fight against animal testing with its long-term partners, Cruelty Free International. The company is bringing back its campaign 25 years after the UK’s absolute ban on animal testing was passed in 1998. The ban, which followed The Body Shop and Cruelty Free International’s campaigning on the issue, was reversed in 2019 as the government re-aligned its policy with less stringent EU rules, allowing for the testing of cosmetics ingredients o

Shopping 110
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Ikea celebrates sales growth with lower prices

Retail Dive

The home retailer is dropping prices on hundreds of products and delivering a $54.5 million bonus payout to some of its workers.

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Superdrug reveals Christmas gifting predictions for beauty

Retail Gazette

Superdrug has shared its predictions on the trends it expects to see from shoppers over over the festive season this year. The health and beauty retailer said it has seen unit sales of Christmas gift sets increase in recent weeks, as shoppers start their shopping, adding that premium fragrance products are seeing “particularly strong growth” as customers seek quality products at great value.

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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