Wed.Oct 23, 2024

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How Can You Repay Help to Buy?

Retail Focus

If you’ve bought a home using the Help to Buy scheme, at some point, you’ll need to consider how to repay the equity loan. Whether you’re approaching the end of your interest-free period or planning a move, understanding the repayment process is crucial. The good news is that there are several ways to repay the loan, each with its own considerations.

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Report: Brands and Consumers Increasingly Embracing Third-Party Commerce

Retail TouchPoints

While it started with the COVID ecommerce rush, rising operational costs and ongoing margin constraints are continuing to drive brands and retailers toward online marketplaces, otherwise known as third-party commerce (3P commerce). The benefits of having access to a near-limitless supply of unowned inventory (on the retailer side) and having access to other brands’ and retailers’ sales channels (on the brand side), has been compelling to put it mildly.

Consumer 284
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Three ways Amazon is leveraging AI technology to personalise online shopping

Inside Retail

Generative AI and machine learning is nothing new to Amazon.The e-commerce giant has been leveraging technology to personalise its customers’ shopping experience for decades now. However, as the rest of the retail industry is slowly catching up and incorporating Generative AI and machine learning into their online stores, Amazon is taking another leap forward and looking to further personalise recommendations, descriptions, and assistance in its store.

Shopping 243
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Wayfair Launches Paid Loyalty Program Offering 5% Rewards and Free Shipping

Retail TouchPoints

Wayfair has introduced Wayfair Rewards , a loyalty program with a $29 annual subscription price. Benefits include 5% back in rewards across Wayfair and its specialty and luxury brands, AllModern, Birch Land, Joss & Main and Perigold , as well as free shipping regardless of order size; both of these features are subject to some restrictions. Additional benefits include exclusive member-only sales with steep discounts on products across all categories, including national brands; early access t

Shipping 247
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5 Ways You Can Win Faster with Gen AI in Sales

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.

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Home Sales Fall to Level Not Seen Since 2010

Retail Wire

Home sales in September fell 3.5% compared to the same period last year.

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Super Retail Group’s sales rise in first 16 weeks

Inside Retail

Super Retail Group ‘s sales increased in the first 16 weeks of the fiscal year, with Macpac having the highest growth among all the company’s brands. The group’s like-for-like sales jumped 2 per cent as Macpac climbed 4 per cent and BCF rose 3 per cent. Supercheap Auto grew 2 per cent and Rebel had the least growth of 1 per cent. “Macpac has delivered growth in insulation, rainwear and packs while challenging trading conditions in New Zealand have driven sales compression

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RFID Technology: Enhancing Retail Efficiency While Protecting Consumer Data

Retail TouchPoints

In the world of retail, staying ahead means embracing innovations that transform shopping and commerce into an experience that’s faster, smarter and more satisfying for customers. One technology that helps retailers achieve this is Radio Frequency Identification (RFID). RFID uses electromagnetic fields to automatically identify and track tags attached to objects, offering retailers precise control over inventory and enabling real-time data analytics to enhance operational efficiency.

Consumer 216
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Walmart Adds Pharmacy to Same Day Delivery

Retail Wire

Walmart will soon offer bundled deliveries of perscriptions and everyday purchases.

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Amazon Service Refinements: New ‘Low-Cost’ Store, Prime Fuel Discount, Ending of ‘Today’ Delivery Service

Retail TouchPoints

Amazon has made a number of moves to refine its offerings, including adding fuel discounts to the list of Prime membership benefits; developing a low-cost store to compete with discount shopping apps like Temu; and redesigning the homepage of its shopping app for easier navigation. Not all the changes have been additions— Amazon also is reportedly winding down its Today same-day delivery service for sellers that also have brick-and-mortar stores.

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Cracker Barrel Adds New Seasonal Menu Items

Retail Wire

Cracker Barrel unveiled a lineup of seasonally inspired menu items to its traditional menu offerings.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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How The Vitamin Shoppe’s POS Upgrade is Leveling Up its Omnichannel Experience

Retail TouchPoints

Nearly 75% of consumers say the way they shop in stores has changed significantly over the past three years, according to Retail Systems Research (RSR). While being able to physically investigate a product in context is a clear value prop of the brick-and-mortar experience, consumers increasingly see stores as destinations for high-quality service, immersive experiences and activations, and even digital order fulfillment.

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Starbucks Reports Preliminary Q4 and FY 2024 Results

Retail Wire

Starbucks Corporation (NASDAQ: SBUX) has announced preliminary financial results for its fourth quarter and full fiscal year ending September 29, 2024, revealing significant declines in customer traffic and sales.

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Why profit, not GMV, is the focus of retailers this Singles Day

Inside Retail

China’s largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consumers are still very much dispirited by the country’s economic woes. The Singles Day shopping extravaganza , which began last week, has morphed from an Alibaba event aimed at persuading single people to pamper themselves to a weeks-long festival that peaks on November 11 across all of China’s major e-commerce platforms as well as in bricks-an

Consumer 130
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Whataburger Wishes Its Customers a “Happy Hallo-Wings” with BOGO Offer

Retail Wire

Whataburger is trying to attract new customers in time for Spooky Season.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Nature Baby launches circularity initiative for baby clothes

Inside Retail

New Zealand sustainable brand Nature Baby has launched Worn Again, an effort aimed at keeping baby garments in circulation for longer. Customers can return their pre-loved Nature Baby garments to the store in exchange for a credit towards their future purchase. In turn, Nature Baby will resell these items at a lower price. “This project has been in the works for years now.

Returns 130
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Denny’s Will Close 150 Locations Before the End of 2025

Retail Wire

Denny's announced location closings and menu changes are coming.

Location 246
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What Emporium Melbourne looks for to ensure the right retail mix

Inside Retail

Emporium Melbourne shopping centre has welcomed a slew of high-profile retailers in the past month. Despite the economic downturn, the centre’s success is rooted in its ‘carefully curated’ leasing strategy. By catering to the evolving needs of consumers, and using data to drive these decisions, Emporium Melbourne has maintained its strong mix of fashion tenants while growing its premium dining, automotive, entertainment and co-working offerings.

Fashion 130
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McDonald’s Quarter Pounders Linked to Multi-State E. Coli Outbreak That Leaves 1 Dead, 49 Sickened

Retail Wire

McDonald's claims the onions are the culprit.

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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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Mike Ashley demands Boohoo make him CEO

Retail Gazette

Mike Ashley has demanded that fashion brand Boohoo, in which he owns a 27%, appoint him as its new chief executive in an open letter to its board. Frasers Group, which Ashley controls, said it was requisitioning a general meeting of Boohoo to hire the retail tycoon as a director and CEO of the company, as well as Kroll Advisory managing director Mike Lennon as a director, to take effect without delay.

Fashion 145
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Moe’s Southwest Grill Joins the Cheez-Its Craze for a Limited Time

Retail Wire

Moe's Southwest Grill appears to be competing with Taco Bell.

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Denby Pottery partners with ESW to overcome post-Brexit issues and launch DTC in 29 European markets

Retail Focus

British heritage brand Denby Pottery has launched direct-to-consumer (DTC) ecommerce capabilities into 29 European markets, in partnership with ESW , ending years of post-Brexit trading challenges. Denby Pottery prides itself on the strength and craftsmanship of its stoneware, which it has made on-site in Derbyshire, England, for more than 200 years.

Marketing 130
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Interview: How Poundland plans to ‘Perk’ up customers with its new loyalty app

Retail Gazette

Poundland is feeling pretty chipper after its new Perks rewards app became the top free app on the Apple App Store and Google Play in the 24 hours after its launch last week. The discount chain became the latest retailer to roll out a loyalty scheme , offering customers up to 100 exclusive member deals, the chance to collect points on their purchases in exchange for vouchers, and earn extra prizes through a ‘spin to win’ wheel.

Planning 111
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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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Adairs books higher sales in first 16 weeks

Inside Retail

Adairs witnessed higher group sales in the first 16 weeks on the back of better performances of its Adairs and Mocka brands. The group’s sales grew 4.8 per cent as Adairs rose 8.6 per cent and Mocka climbed 0.4 per cent. However, Focus on Furniture dipped 3.7 per cent as store traffic levels declined, further impacted by the planned temporary closure of two stores for refurbishment.

Planning 130
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Lexus and ‘Wicked’ Debut ‘OZmazing’ Collaboration

Retail Wire

Lexus debuted a co-branded 30-second spot featuring its TX model and 'Wicked' stars.

Marketing 130
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Former Myer exec takes the helm of US lifestyle brand Aloha Collection

Inside Retail

California-headquartered Aloha Collection has named Myer’s former GM of e-commerce, Lynna Barnard, its new CEO. Barnard, who has over 20 years of retail expertise in Australia, formerly led Dan Murphy’s, the Billabong Group and Best & Less. Barnard contributed to the transformation of Myer’s online strategy, which led to the “record-breaking Cyber Week sales” last year. “In this time of shifting market dynamics and rapidly evolving digital landscape, Lynna’s fresh i

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The future of eCommerce: The latest innovative trends

Retail Focus

n 2024, the e-commerce industry is constantly evolving, providing the audience with a unique shopping experience that can surely reshape the future of traditional markets, embracing technology as a core concept for personalisation, and promoting new values that can help businesses gain competitive advantage. E-commerce is not just about selling and buying on digital platforms, but it’s an experience that serves the needs of a broad audience who seeks innovation in the ever-evolving tech wo

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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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Small stores, big footprint: 3 ways retailers can leverage digital tech to optimize small spaces

Retail Customer Experience

While digital technology has arguably driven shoppers away from physical stores, it also holds the key to bringing them back. By integrating digital elements into small format spaces, retailers can recreate the online shopping experiences customers crave.

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Gucci leads huge sales decline for Kering

Inside Retail

Kering saw significantly lower sales in the third quarter, with Gucci posting the largest decline due to challenging market conditions in Asia Pacific. Kering’s sales fell 15 per cent to €3.79 billion (US$4.1 million) as Gucci plunged 26 per cent to €1.6 billion. Yves Saint Lauren dipped 13 per cent to €670 million while Bottega Veneta grew 4 per cent to €397 million.

Returns 130
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Boxing Day: Usdaw urges more retailers to shut as Poundland confirms closures

Retail Gazette

Usdaw has urged more retailers to shut up shop on Boxing Day, as Poundland joins John Lewis, Waitrose, and Home Bargains in confirming its closure on 26 December. The discounter will once again close its more than 800 stores on Boxing Day and New Year’s Day to “give colleagues a well-deserved break” It comes after the trade union has long campaigned for the longest possible break, noting that stores remaining open should “only be staffed by volunteers” Usdaw nation

Shopping 116
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Lender group to buy Tupperware out of bankruptcy

Retail Dive

The lenders, which include Stonehill Capital Management Partners and Alden Global Capital, are offering $63.8 million in debt relief and about $23.5 million in cash.

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Activating Intent Data for Sales and Marketing

Sales and marketing leaders have reached a tipping point when it comes to using intent data — and they’re not looking back. More than half of all B2B marketers are already using intent data to increase sales, and Gartner predicts this figure will grow to 70 percent. The reason is clear: intent can provide you with massive amounts of data that reveal sales opportunities earlier than ever before.