Retail TouchPoints

AUGUST 6, 2024

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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Inside Retail

AUGUST 6, 2024

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.

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Retail TouchPoints

AUGUST 6, 2024

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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Inside Retail

AUGUST 6, 2024

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

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Customer Experience

Retail TouchPoints

AUGUST 6, 2024

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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Inside Retail

AUGUST 6, 2024

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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Retail Wire

AUGUST 6, 2024

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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Retail TouchPoints

AUGUST 6, 2024

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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Retail Wire

AUGUST 6, 2024

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

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Inside Retail

AUGUST 6, 2024

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.

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Consumer Planning Customer Experience Marketing 246

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Accounting

Retail Wire

AUGUST 6, 2024

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

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Retail Focus

AUGUST 6, 2024

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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Retail Wire

AUGUST 6, 2024

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

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Retail Focus

AUGUST 6, 2024

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

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Customer Experience

Retail Wire

AUGUST 6, 2024

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

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Retail Focus

AUGUST 6, 2024

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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Retail Wire

AUGUST 6, 2024

Three people were injured at the Chicago McDonald's.

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Inside Retail

AUGUST 6, 2024

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 Grocer Specialty Retailers Customer Experience 130

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.

Fashion

Retail Wire

AUGUST 6, 2024

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

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Inside Retail

AUGUST 6, 2024

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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Retail Wire

AUGUST 6, 2024

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

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Retail Gazette

AUGUST 6, 2024

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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Wholesale

Retail Wire

AUGUST 6, 2024

Airbnb has just reported its Q2 2024 financial performance.

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Mike Anthony

AUGUST 6, 2024

Growing a brand by driving penetration is nothing new. It got a lot more focus after Byron Sharp published ‘How Brands Grow’. But I’ve noticed an interesting quirk in the way marketers interpret ‘driving penetration’ that can lead to significant problems. The challenge? Most marketers when challenged to ‘increase penetration’ automatically focus on recruitment – adding new shoppers.

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Retail Wire

AUGUST 6, 2024

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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Retail Gazette

AUGUST 6, 2024

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.

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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

Customer Experience

Retail Wire

AUGUST 6, 2024

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

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Planning 130

Retail Gazette

AUGUST 6, 2024

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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Retail Dive

AUGUST 6, 2024

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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Retail Gazette

AUGUST 6, 2024

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.

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