Thu.Jul 18, 2024

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KFC Announces Brand Partnership With Jamaican Olympic Athlete

Retail Wire

KFC is sponsoring Jaydon Hibbert, a triple-jump Olympic athlete.

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Universal Store Holdings forecasts annual sales to rise 9.7 per cent

Inside Retail

Universal Store Holdings expects higher sales for the fiscal year ending June 30, thanks to improved performance in the majority of its segments. The fashion retailer – which sells more than 100 ‘trend-led’ apparel, footwear and accessories brands including Champion, Perfect Stranger, Tommy Jeans, Thrills, and Wrangler – forecasts annual group sales to rise 9.7 per cent from last year to $288.5 million.

Wholesale 290
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Olive Garden Owner Darden Restaurants To Buy Chuy’s for $605M

Retail Wire

The Tex-Mex chain restaurant will be added to Darden's large portfolio of brands.

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Australian retail groups vow to ‘tackle retail crime head-on’

Inside Retail

Australian retailers are calling for stricter laws and deterrents for retail crime , emphasising its negative impacts in the industry and the economy. At the 2024 Retail Crime Symposium in Melbourne, the soon-to-merge Australian Retailers Association (ARA) and the National Retail Association (NRA) highlighted opportunities for further collaboration in the sector to help businesses. “Good progress has been made to provide legislative protections for frontline workers, but the coverage is no

Shopping 274
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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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Bud Light Drops to No. 3 Beer Brand as It Fights To Recover From Boycott

Retail Wire

Bud Light, once the U.S.’s longstanding beer sales leader, has dropped to No. 3 following a boycott of the brand that began last year.

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As shoppers hunt for value, are retailers up to the task?

Inside Retail

Four in five Australian consumers are cutting down on something to save money as the cost of living crisis bites – and more than half of consumers in the country are looking for the best value when they shop. But are retailers up to the task of responding to these new pressures, and how are they adapting to remain competitive? The statistics come from the newly released Shopify Australian Retail Report 2024 ( available for download free here ).

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EssilorLuxottica acquires Supreme from VF: attractive deal or risky move?

Inside Retail

When VF Corp bought Supreme for US$2.1 billion in 2020, little did it know that the label, which it believed would be a promising addition to its portfolio, would turn out to be a lucrative lesson. Earlier this week, the company announced the sale of Supreme to optical retail giant EssilorLuxottica for US$1.5 billion in cash, marking EssilorLuxottica’s first venture into the apparel category.

Apparel 261
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Solutions Designed for Retail Associates Need to Keep the Customer Experience in Mind

Retail TouchPoints

In an industry still struggling with a tight labor market, choosing which technology to arm store associates with becomes a critical decision. Today’s retail workers almost need to have superpowers — moving as fast as The Flash would be helpful given how many different tasks a retail worker performs each day — but adaptable, multi-purpose solutions can provide that extra burst of needed speed.

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Why toxic metals found in tampons is driving sales of sustainable alternates

Inside Retail

Earlier this month, the University of California, Berkeley published its findings after testing mainstream tampon brands for toxic metals – the results were alarming. According to UC Berkeley’s research, toxic metals including lead, nickel, mercury and arsenic are present in popular tampon products. However, for sustainable menstrual product brands like Hello Period, the most shocking part of UC Berkeley’s study was that it is the first of its kind to measure the presence of metals in tamp

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Prime Day Sales Top $14 Billion, with More Products Sold Than Ever Before

Retail TouchPoints

Amazon ’s 10th annual Prime Day was its biggest ever, with record-breaking sales over the 48 -hour member sales event and more items sold than on any previous Prime Day, according to the company. Helping to drive these banner results were millions of new Prime members worldwide, with a record-breaking number of customers signing up for Prime in the three weeks prior to the start of the sale on July 16, 2024, according to Amazon.

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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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Dior and Armani investigated over alleged labour exploitation

Inside Retail

Luxury fashion houses Dior and Armani are being probed over allegations they used “Chinese factories” in Italy that underpaid and overworked their staff. Italy’s competition watchdog AGCM has launched an investigation into possible violations of the consumer code in the way the companies promoted and sold clothing and accessories. “In both cases, the companies may have issued untrue statements about their ethics and social responsibility, particularly regarding working co

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From Boomers to Gen Z: How FMCG Brands can Engage Specific Generations with Events and Experiences

Retail TouchPoints

It’s no secret that the FMCG industry is fiercely competitive. From laundry detergents to packaged foods, consumers have countless options available to them, and a strong brand is critical to cut through the noise. Events are one of the most powerful tools a brand can use to build emotional connections with its audiences, boost loyalty and ultimately drive sales.

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BISSELL Voluntarily Recalls 3.2 Million Steam Shot Cleaners

Retail Wire

BISSELL is voluntarily recalling several models of its Steam Shot Handheld Steam Cleaner due to safety concerns.

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John Deere Rejects Support for ‘External Social or Cultural Awareness’ and ‘Diversity Quotas’

Retail TouchPoints

John Deere has joined fellow rural-oriented brand Tractor Supply in cancelling support for both progressive causes and diversity, equity and inclusion (DEI) principles. In a statement on X , the retailer said it would be auditing “all company-mandated training materials and policies to ensure the absence of socially motivated messages, while being in compliance with federal, state and local laws.

ATS 203
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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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‘Leadership isn’t about being infallible’: Malin + Goetz CEO Bradley Horowitz

Inside Retail

Malin + Goetz CEO Bradley Horowitz has more than 25 years of experience in the beauty industry, working across a number of global brands. Here, he discusses his passion for skincare products, why hard work is still the most important way to succeed in your career and the challenges of finding the right work-life balance. Inside Retail : What do you think is it about the beauty industry that has led you to stay in the industry for as long as you have?

ATS 162
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Petco Picks Five Below CEO as New Leader

Retail TouchPoints

Petco Health and Wellness Company has tapped retail industry veteran Joel Anderson as its new CEO. Anderson will take the reins from R. Michael Mohan, who has been serving as the interim CEO since the departure of Ron Coughlin in March 2024. Anderson was most recently CEO of Five Below , which has appointed Kenneth Bull as its interim President and CEO in the wake of Anderson’s departure.

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Jack in the Box & Deadpool Collaboration: What We Know

Retail Wire

The Jack in the Box collaboration with the upcoming movie offers special food promotions.

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Adore Beauty books higher revenue as returning customers increase

Inside Retail

Adore Beauty witnessed higher revenue in the last fiscal year as the number of returning customers increased. The skincare and cosmetics retailer delivered annual unaudited revenue of $195.7 million in the year ending June 30, up 7.4 per cent. The company saw a record number of returning customers – 519,000, up by 5.8 per cent year on year. Moreover, active customers grew 1.6 per cent to 814,000.

Returns 147
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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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John Deere Scales Back DEI Efforts Following Conservative Criticism

Retail Wire

Farm equipment giant John Deere announced this week that it will be pulling back on some diversity, equity, and inclusion (DEI) efforts.

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Malin + Goetz CEO Bradley Horowitz on turning a brand into a lifestyle

Inside Retail

Bradley Horowitz is a legend within the beauty retail sector. With over 25 years of strategic, sales, marketing and management experience, Horowitz has worked for brands including Clarins, L’Oréal, and Amorepacific. The executive has built his reputation on understanding what the modern consumer is looking to purchase for their vanity table and medicine cabinets.

Wholesale 147
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Taco Bell’s Newest Menu Item: Cheesy Street Chalupas

Retail Wire

Taco Bell has introduced the Cheesy Street Chalupas, combining traditional street taco ingredients with cheesy chalupa shells, which the brand dubbed Quesalupas.

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How poor planning is costing retailers sales – and profits

Inside Retail

Significant market trends are impacting retail businesses today – the migration of consumers online, supply-chain challenges and the cost-of-living crisis to name just a few – but there is a more obvious reason many retailers are struggling. Working with retailers across Australia and New Zealand, Quantiful CEO Jamie Cormack has identified poor planning outcomes as one of the significant causes forcing retailers to contract and even close stores today.

Planning 147
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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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Amtrak Passengers Face Continued Delays From Extreme Weather

Retail Wire

Prolonged delays and cancellations during the summer months are all traced to extreme heat patterns

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Michael Hill expects higher sales in Australia, Canada

Inside Retail

Jeweller Michael Hill anticipates higher group sales in the last fiscal year on the back of better results in Australia and Canada. The company forecasts total sales to have grown 3.8 per cent to $641.4 million as its Australian segment sales rose 10.5 per cent to $359.7 million and Canadian segment sales increased 0.3 per cent to C$156.0 million in the year ended June 30.

Marketing 130
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Shoppers find better deals this year as Prime Day fuels record $14.2B across e-commerce

Retail Dive

Consumers avoided big-ticket purchases, but steep discounts drew in back-to-school shoppers and others — and not just at Amazon.

Consumer 128
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Tapi Carpets edges closer to deal to snap up Carpetright

Retail Gazette

Carpetright’s largest competitor Tapi Carpets is moving closer to a deal to snap up its rival, potentially saving hundreds of stores and jobs. More to follow… Related Story As Carpetright puts administrators on standby, what went wrong?

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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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Leveraging in-store retail media to engage Gen Z

Retail Customer Experience

Gen Z consumers interact with brands more deeply and broadly than other cohorts, so it is important retailers develop the insight and expertise to reach them.

Consumer 118
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Pret scraps free coffees under subscribtion shake up

Retail Gazette

Pret is ditching its free drinks perk and food discount for subscribers as it replaces its subscription scheme with a “new and simpler offer” The food to go chain revealed its Club Pret benefits are set to wrap up in September as it looks to provide “better value for everyone” Under the changes, subscribers will no longer receive five free barista made drinks per day.

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#BeautyTok: How the Beauty Sector has Nailed Social Media Marketing

365 Retail

If you want actual examples of social media shaping consumer interests, look no further than the beauty industry, or more specifically, the glossy world of #BeautyTok. The hashtag has 5.4 million posts on TikTok at the time of writing, allowing influencers to share tips and recommendations with newbies and enthusiasts alike. These digestible yet informative clips have given the sector a bold new look.

Marketing 109
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Amazon Prime Day UK: day two sales rise 8% as total event sales hit £1.3bn

Retail Gazette

Sales during day two of the Amazon Prime Day event saw total UK online spend surpass £618m, according to Adobe Analytics. The sales represented a 8% increase on the £570m the retail giant raked in during the second day of last year’s event. The first 24 hours of this year’s Prime Day event saw £633.4m spent online, making it the biggest day for online shopping so far in 2024, with yesterday’s figures a close second.

Apparel 116
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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.