Retail Focus
OCTOBER 23, 2024
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.
Retail TouchPoints
OCTOBER 23, 2024
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.
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Inside Retail
OCTOBER 23, 2024
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
Retail TouchPoints
OCTOBER 23, 2024
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
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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.
Retail Wire
OCTOBER 23, 2024
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.
Retail TouchPoints
OCTOBER 23, 2024
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.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
OCTOBER 23, 2024
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.
Retail Wire
OCTOBER 23, 2024
Cracker Barrel unveiled a lineup of seasonally inspired menu items to its traditional menu offerings.
Retail TouchPoints
OCTOBER 23, 2024
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.
Retail Wire
OCTOBER 23, 2024
Walmart will soon offer bundled deliveries of perscriptions and everyday purchases.
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Inside Retail
OCTOBER 23, 2024
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
Retail Wire
OCTOBER 23, 2024
Home sales in September fell 3.5% compared to the same period last year.
Inside Retail
OCTOBER 23, 2024
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.
Retail Wire
OCTOBER 23, 2024
Consumers should make sure their Honda is not included in this recall.
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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.
Inside Retail
OCTOBER 23, 2024
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.
Retail Wire
OCTOBER 23, 2024
Whataburger is trying to attract new customers in time for Spooky Season.
Inside Retail
OCTOBER 23, 2024
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.
Retail Wire
OCTOBER 23, 2024
Denny's announced location closings and menu changes are coming.
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.
Inside Retail
OCTOBER 23, 2024
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.
Retail Wire
OCTOBER 23, 2024
McDonald's claims the onions are the culprit.
Retail Focus
OCTOBER 23, 2024
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.
Inside Retail
OCTOBER 23, 2024
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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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
Retail Focus
OCTOBER 23, 2024
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
Retail Gazette
OCTOBER 23, 2024
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.
Retail Wire
OCTOBER 23, 2024
Lexus debuted a co-branded 30-second spot featuring its TX model and 'Wicked' stars.
Retail Gazette
OCTOBER 23, 2024
M&S boss Stuart Machin has accused the government of taking “the easy way out” amid reports Chancellor Rachel Reeves is considering raising the national insurance paid by employers. Machin said he hoped chatter of the tax increases were “exaggerations”, adding: “This Government was elected to promote a growth agenda, but what I’ve seen and heard so far doesn’t add up to a coherent growth narrative.” In an open letter to The Times , the M&S CEO wrote: “Raising thes
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
Retail Wire
OCTOBER 23, 2024
Moe's Southwest Grill appears to be competing with Taco Bell.
Retail Gazette
OCTOBER 23, 2024
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
Retail Dive
OCTOBER 23, 2024
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.
Retail Gazette
OCTOBER 23, 2024
Future Stores, a new concept store that opens on Oxford Street next week, is looking to “reinvent” retail with a highly immersive shop. With a £20m investment, the store on 95 Oxford Street brings the latest cutting edge technology to a bricks-and-mortar setting and aims to make shopping a truly interactive experience. Future Stores founder, US-based Israeli tech entrepreneur Ariel Haroush, has big plans for the concept with a second London site under consideration, and expansion alr
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With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.
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