Tue.Aug 06, 2024

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The Race to Displace: How Temu and Shein are Redefining Ecommerce

Retail TouchPoints

Amazon has dominated the ecommerce landscape for over a decade and is on track to overtake Walmart as the largest retailer in the U.S. Amazon’s vast marketplace, combined with its rapid fulfillment and Prime business, effectively calcified its position. Now, we’re witnessing a new wave of ecommerce in the U.S. driven by Chinese competitors. Shein and Temu have launched massive advertising campaigns paired with optimized sales tactics to carve out a new niche and redefine the standards of ecomme

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Mosaic Brands considers applicability of safe harbour provisions

Inside Retail

Mosaic Brands has confirmed it is considering the applicability of safe harbour provisions amid operational issues adversely affecting its trade. Mosaic Brands’ confirmation came in a stockmarket filing and follows a report in The Australian Financial Review that the company had entered a safe harbour. Safe harbour provisions protect directors from personal liability for insolvent trading while pursuing turnaround options for their companies.

Marketing 306
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Chicago McDonald’s Targeted in Hatchet-Wielding Attack

Retail Wire

Three people were injured at the Chicago McDonald's.

ATS 298
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Westfield Bondi Junction’s youngest leaseholder talks all things Alana Maria

Inside Retail

The face and hands behind Alana Maria Jewellery is Alana Ellis, a 26-year-old from Sydney’s Northern Beaches who has nurtured a passion for jewellery design since primary school, when she began selling beaded bracelets to her peers. In high school, Ellis experimented with the raw materials and dainty designs the brand is known for today. In 2022, she became Westfield Bondi Junction’s youngest leaseholder and navigating the agreements for her three stores has taught her a lot about holding her ow

Fashion 278
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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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Uber’s Second-Quarter Results Show Increased Demand for Rides

Retail Wire

Uber posted strong second-quarter numbers as demand increases for its services.

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VF Corporation’s net loss more than triples in fiscal first quarter

Inside Retail

Outdoor apparel retailer VF Corporation’s net loss more than tripled in the fiscal first quarter amid lower revenue across the majority of its brands. The group’s net loss surged 350.8 per cent year over year to US$258.9 million as net revenues declined 8.6 per cent to $1.91 billion. The North Face brand’s revenue fell 3 per cent to $524.2 million while Vans’ revenue plunged 21 per cent to $581.8 million.

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Aldi Expands Instacart Functionality in U.S. Stores, Tests Caper Carts in Austria

Retail TouchPoints

Aldi will roll out Instacart Connected Stores solutions across all Aldi South Group locations in the U.S., including the delivery service’s in-store mode for its app; “Carrot Tags” with pick-to-light capabilities; and more streamlined pickup fulfillment technology. Aldi began working with Instacart in 2017 and in June 2023 debuted Aldi Express, a virtual convenience store offering nearly 2,000 of its most-shopped items for delivery.

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John Schulman Leaving OpenAI for Rival AI Startup Anthropic

Retail Wire

OpenAI co-founder John Schulman claims personal reasons, not lack of support, for jumping to Anthropic.

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Roblox Says ‘It’s Showtime!’ with New ‘Beetlejuice’ Experience

Retail TouchPoints

Roblox has partnered with Warner Bros. Motion Picture Group on a new experience to promote the release of Beetlejuice Beetlejuice , the long-awaited sequel to the 80s cult classic film. [Beetlejuice] Escape the Afterlife will feature key scenes and characters from the upcoming film as well as a virtual Fandango box office where eligible users can purchase movie tickets — the latest step in Roblox’s much larger commerce ambitions.

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Elon Musk To Close X’s San Francisco Headquarters

Retail Wire

This move marks the end of an era for the former Twitter website.

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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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Two Australian retailers are leading with empathy to change the fertility industry

Inside Retail

Premium parenting retailer, The Memo, has announced that it will exclusively stock When Fertility’s at-home egg count check test – the first of its kind in Australia. Maz Coote, co-founder and CEO of When Fertility, described the product to Inside Retail as “a customer-first approach, putting control back into the hands of women who want to understand their fertility, and own their fertility journeys.

Consumer 246
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Under Armour Appoints New Executive Ahead of Quarterly Earnings Report

Retail Wire

Under Armour has appointed Eric Liedtke as executive vice president of brand strategy, following the acquisition of UNLESS COLLECTIVE, a zero-plastic fashion brand.

Fashion 269
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Grubhub Enhances App Personalization, Adds Priority Delivery Option

Retail TouchPoints

Grubhub now has 30 personalized recommendation carousels on its homepage, spotlighting merchants with delivery ETAs of 30 minutes or less, merchants featuring the customer’s favorite cuisine and more. The delivery platform also has created a Wallet feature; live activity tracking for orders in process; add-on recommendations at checkout; and a more automated process for reporting problems with an order.

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Buca di Beppo Files Chapter 11 Bankruptcy

Retail Wire

Italian-American restaurant chain Buca di Beppo has filed for Chapter 11 bankruptcy protection but plans to keep its current locations open.

Location 264
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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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Sainsbury’s Upgrades POS with Mobility, Personalized Promotions

Retail TouchPoints

Sainsbury’s will upgrade 22,500 checkouts across its supermarkets, convenience stores and fuel stations with cloud-based POS and analytics solutions from NCR Voyix. With the new platform, associates will be able to approve transactions remotely via tablet devices, and self-checkout systems powered by AI will deliver personalized promotions tailored to each customer.

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Wendy’s Is Selling Unlimited $1 Frosty Treats. Here’s Why

Retail Wire

Wendy's will be offering the sweet deal for the rest of the summer.

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Consumers still want relationships with their favourite fashion brands even when they can’t afford to buy, new research from Centra reveals

Retail Focus

Over half (55%) of UK consumers still engage with the fashion brands they love, even if they can’t or aren’t buying from them currently, with a view to purchasing from these favourite brands again once their financial situation improves, according to the latest research from Centra , the specialist ecommerce platform for fashion and lifestyle brands.

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Airbnb Releases Q2 Report and Shares to Drop

Retail Wire

Airbnb has just reported its Q2 2024 financial performance. Overall, their revenue is rising 11% year-over-year to $2.75 billion, fueled by increased Nights and Experiences Booked and a slight boost in Average Daily Rate (ADR).

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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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Asteri Beauty unveils four brand homes in Jeddah, Riyadh, Abha, and Dhahran, created in partnership with Dalziel & Pow.

Retail Focus

Asteri Beauty continues to invest in boutique brand homes as part of their commitment to empower and connect with discerning modern Saudi Arabian women and put A-beauty on the map, with home-grown high-performance make-up with soul. Asteri – named after Asteria, the Greek goddess of falling stars – has taken a constellation approach to retail, with four new brand homes reflecting their locations, celebrating local heritage and beauty, while collectively shining brighter and represent

Boutique 147
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From cart to click: How technology is transforming the supermarket sector

Inside Retail

No more trudging up and down the aisles, just click and get your goods delivered to your door. The convenience of buying groceries online was of great help for many shoppers during pandemic lockdowns, and it has stuck. In Australia, nearly half of consumers (48 per cent) are now shopping online at least sometimes. While online grocery sales are predicted to keep growing strongly , the majority of grocery shopping still happens in physical stores.

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Supermarket loyalty pricing fails to stem discounter switching: 65% of UK consumers have now swapped their shop to Aldi or Lidl

Retail Focus

Despite aggressive discounting and competitive ‘members only’ offers for loyalty programme customers, traditional supermarkets continue to lose market share to discounter rivals, Aldi and Lidl, according to the latest research by Pricer, the in-store automation and communication solutions provider. Original research of over 1,000 UK shoppers by Pricer showed that discounter switching remains rife, with 65% now having switched some or all of their food shop to Aldi or Lidl, a rise of +4 percentag

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These five core drivers explain why we shop. Here’s how to harness them

Inside Retail

Retail is inherently human, and there are essential drives in consumer behaviour that brands need to understand to build lasting relationships with their customers. In Paul Lawrence’s book Drive , human actions are driven by five fundamental motivations: to acquire, bond, learn, defend and feel. These drives have deep evolutionary roots, formed as humans adapted to survive and thrive over countless generations.

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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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Instacart and ALDI Continue Expansion Plans With New Tech

Retail Wire

Instacart and ALDI SOUTH Group have expanded their global partnership by implementing Instacart’s Connected Stores technologies in ALDI stores across the U.S.

Planning 130
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Croydon boosted by wave of new retail signings after years of uncertainty

Retail Gazette

Croydon’s Centrale and Whitgift centres have signed seven new retailers and renewed 11 leases from existing brands in a move that will bolster the south London borough’s retail scene after years of uncertainty. New brands joining its centres include clothing stores Dressmode, Maflora and Rebel Clothing, homewares brand Stacks and Pinball Republic, a pinball club partnering with the local council, landlord Unibail-Rodamco-Westfield (URW) said.

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Yum! Brands Releases Mixed Q2 Financial Results

Retail Wire

Yum! Brands' Q2 2024 results have been released and show a 3% increase in worldwide system sales, excluding foreign currency effects, with core operating profit rising 10%.

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Sephora to open seventh UK store this winter amid ‘rapid growth’

Retail Gazette

Sephora will continue its UK expansion, opening its seventh store in Kent’s Bluewater shopping centre this winter. After opening its first store outside London in Manchester’s Trafford Centre in May, the make-up titan is now set to open two stores in the North East at Newcastle’s Metrocentre and Eldon Square, as well as one in Birmingham’s Bullring.

Shopping 116
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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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Funko agrees to $2M settlement to resolve claims it misled investors

Retail Dive

Multiple lawsuits claim the company failed to disclose sales and operational troubles — and that executives used inside information to enrich themselves.

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Holland & Barrett’s million-pound investment into anti-theft technology pays off

Retail Gazette

Holland & Barrett’s million-pound investment into new anti-theft technology across its store estate this year has helped to identify more than 600 repeat offenders. The health and wellness retailer’s ramped up investment amid the current surge in retail crime includes 80 body cameras, new CCTV monitoring and security for 200 stores as part of a £70m spend on transforming its store estate, Retail Week reported.

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3 tips for hiring high-quality retail associates

Retail Customer Experience

Retail store associates and leaders are brand ambassadors today and that doesn’t make hiring easy. Sibyl McCarley, SVP of people success at HireVue, shares three tips to ensuring the next retail hire is a successful hire.

ATS 111
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Boohoo Group eyes sale of London office

Retail Gazette

Boohoo Group is considering a sale of its London Soho office building that it acquired in 2021 for £72m. The fashion group is said to be in discussions with prospective buyers for the 43,963 sq ft office block at 10 Great Pulteney Street, Drapers reported. It is understood that Boohoo will pursue a sale and leaseback transaction as it plans to remain in the building.

Fashion 115
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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.