Retail TouchPoints

OCTOBER 29, 2024

Esprit has filed for bankruptcy protection for its U.S. subsidiaries, Esprit US Distributions Ltd. (USDS) and Esprit US Retail Inc. (USRI), according to Fashion United. The move follows Esprit’s bankruptcy filings for its European businesses in May 2024 , for the second time in four years, citing “extremely high costs due to inflation, interest rates and energy prices, the after-effects of the coronavirus pandemic and the consequences of international conflicts.

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Wholesale Fashion Management Marketing 280

Inside Retail

OCTOBER 29, 2024

Universal Store Holdings enjoyed significantly higher direct-to-consumer sales in the first 17 weeks of the fiscal year, with Perfect Stranger leading the growth. The group’s D2C sales surged 19.3 per cent year on year, with Perfect Stranger soaring 111.1 per cent. Universal Store sales increased 15.5 per cent while Cheap Thrills Cycle jumped 7.4 per cent.

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Wholesale Consumer Accessories Fashion 264

Retail Wire

OCTOBER 29, 2024

In four civil lawsuits filed in three federal courts, banking behemoth JPMorgan is demanding the return of money allegedly withdrawn from Chase ATMs through a technical error collectively called the “infinite money glitch.

Returns 243

Returns 243

Inside Retail

OCTOBER 29, 2024

The events of this week have brought the state of bricks-and-mortar in Australia’s rag trade into focus. If we let it, the voluntary administration of Mosaic Brands can show us the downside of having a large store network while the sale of Premier Investments’ Apparel Brands can show us the upside. The role of bricks-and-mortar sometimes gets lost by investors, shareholders and executives when examining the balance sheets of these rag trade giants.

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Apparel Location Management Shopping 264

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

OCTOBER 29, 2024

First Watch, a breakfast, lunch, and brunch restaurant that is slowly opening locations nationwide, has joined the Double Decker taco craze first launched by Taco Bell by unveiling its own take on the popular treat.

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Location 218

Inside Retail

OCTOBER 29, 2024

Woolworths Group enjoyed higher sales in the fiscal first quarter brought by higher revenue across all its segments. The group’s sales grew 4.5 per cent to $18 billion as its Australian food segment increased 3.8 per cent to $13.6 billion and Australian B2B segment rose 6.9 per cent to $1.47 billion. Its New Zealand food segment went up 1.4 per cent to $1.93 billion, while W Living soared 17 per cent to $1.36 billion, reflecting its acquisition of Petstock in January.

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Supermarket 237

Retail TouchPoints

OCTOBER 29, 2024

Marks & Spencer plans to install self-checkout POS stations in the changing rooms in its 180 clothing stores, according to the Telegraph and other news outlets. The UK retailer already has deployed the changing room checkouts in 28 refurbished stores, including its Fosse Park flagship in Leicester, and plans to have the technology installed in more than 100 stores by 2028.

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Checkout Planning Customer Experience ATS 193

Retail Wire

OCTOBER 29, 2024

PayPal earnings per share beat analysts' expectations for the third quarter of 2024.

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Retail TouchPoints

OCTOBER 29, 2024

Financial services company Hilco Global and asset management firm TPG Angelo Gordon have formed a new joint venture (JV), with the goal of acquiring and financing consumer brands and IP in partnership with brand management firm Bluestar Alliance. Just last month, Bluestar acquired luxury streetwear brand Off-White from LVMH , and one of the JV’s first moves will be to co-invest an undisclosed amount in the Off-White brand.

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Finance Brand Management Management Consumer 157

Retail Wire

OCTOBER 29, 2024

HelloFresh is the latest company to celebrate 'Friends.

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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

Inside Retail

OCTOBER 29, 2024

McDonald’s Corporation has posted a mixed bag of results for the third quarter, with higher revenues, lower comparable sales and lower profit. The company’s consolidated revenues for the quarter ended September 30 were nearly $6.9 billion, up 3 per cent year on year. However, systemwide sales, which include sales at all company-owned and franchised restaurants, were flat.

Marketing 130

Marketing Management Consumer ATS 130

Retail Wire

OCTOBER 29, 2024

In anticipation of the holiday season, Sprite has confirmed the return of its highly sought-after Winter Spiced Cranberry flavor.

Returns 202

Returns 202

Inside Retail

OCTOBER 29, 2024

Seeing your physical retail as your most manageable, tangible and measurable channel has never been more important. The ability to meet a customer regardless of where that person is on their path to purchase with you has always been easier and more effective in-store than online. Not only will a strong physical presence increase conversion online by up to 30 per cent, it will always outperform when it comes to conversion, with the ability to turn on more senses, spark emotions and give immediate

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Customer Experience Consumer Management Shopping 130

Retail Wire

OCTOBER 29, 2024

Target is helping families get their Thanksgiving meals on the table faster, cheaper, and with less stress.

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Advertisement

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.

Inside Retail

OCTOBER 29, 2024

Tasmanian-born healthy-eating restaurant chain Liv Eat has unveiled its first restaurant in South Australia. Liv Eat has 18 restaurants in its network, predominantly across Tasmania , with restaurants at Melbourne and Sydney Airports, and now Adelaide. The Pulteney Street, Adelaide, store is helmed by franchisee Bec Noble. She brings more than 25 years of hospitality experience to her new role, including 21 years as a restaurant general manager with Yum!

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Management ATS 130

Retail Focus

OCTOBER 29, 2024

Christmas came early for some West Ham United supporters earlier today, when the Club opened its retail pop-up shop at John Lewis, Westfield, Stratford. Shoppers in John Lewis on Tuesday lunchtime were treated to a surprise launch, attended by Club Ambassadors James Collins and Marlon Harewood, alongside Hammers fan Bianca Westwood! The trio, along with Club mascots Hammerhead and Bubbles, were in town to mark the official opening of the West Ham United retail pop-up unit at the John Lewis branc

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ATS Shopping Location Fashion 130

Inside Retail

OCTOBER 29, 2024

The Iconic has launched a Hubbed concept store at the new Martin Place metro station, featuring a ‘Click, Try and Collect’ shopping experience. Customers can now check out using the Hubbed store by selecting ‘Pick Up’ from the delivery menu and choosing Hubbed Martin Place Metro. They can also try on outfits and return orders at the venue.

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Drop-Shipping Shipping Returns Shopping 130

Retail Wire

OCTOBER 29, 2024

Certain smoked salmon products sold at Costco have been recalled over a possible listeria contamination.

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ATS 130

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

Finance

Retail Gazette

OCTOBER 29, 2024

Britain’s biggest supermarkets face paying an extra £200m in National Insurance contributions as the Chancellor is set to unveil the hike in the Budget tomorrow. Tesco, Sainsbury’s, Asda and Morrisons could be hit with an incremental tax bill from a two-percentage point hike in employer National Insurance contributions, Sky News reported. One analyst estimated that Tesco, which employs around 300,000 people in the UK, could be facing £75m added to its bill.

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Supermarket Finance 115

Retail Wire

OCTOBER 29, 2024

Seven & i Holdings Co., Ltd. has released a presentation outlining its future plans.

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Planning 130

Retail Gazette

OCTOBER 29, 2024

Avon is mulling more franchise stores as it expands its physical retail partnership with Superdrug across the UK. The cosmetics company’s global chief executive Kristof Neirynck said it was seeking to expand its standalone shops throughout the UK run by Avon sales representatives on a franchise model, Retail Week reported. Additionally, Avon has expanded its tie-up with Superdrug in the UK, with its products set to be sold in 650 of 830 of its stores by the end of 2024.

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Location Beauty and Health Shopping ATS 111

Retail Dive

OCTOBER 29, 2024

The spots, which depict Brie embodying the human version of the department store’s annual gift guide, will air across TV, digital and social channels.

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Department Stores 110

Advertisement

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.

Shopping

Retail Gazette

OCTOBER 29, 2024

Lindt is set to open a new central London flagship under the Piccadilly lights next year. The chocolatier described the store as “the first-of-its-kind in the UK” which will open in the spring. Lindt & Sprüngli UK & Ireland D2C and ecommerce director Faythe King said: “We are thrilled to bring the exquisite taste of Lindt Chocolate to the heart of London, offering a unique, enchanting experience for chocolate lovers – something truly unique to the UK.

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Accounting Location Management 104

Cisco Retail

OCTOBER 29, 2024

With generative AI poised to significantly boost global economic output, Cisco is helping to simplify the challenges of preparing your infrastructure for AI implementation. Learn how the UCS C885A M8 Server for AI model training, the Nexus 9364E-SG2 Switch for scalable AI connectivity, AI PODs for streamlined AI inference deployment, and Nexus Hyperfabric can accelerate AI initiatives and drive innovation.

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Retail Gazette

OCTOBER 29, 2024

Delivery giant Evri has been ranked the worst parcel firm in the UK with 44% of customers who used its services in the last six months encountering delivery problems. Evri, which rebranded from Hermes two years ago, achieved the poorest levels of customer satisfaction, despite improving from its 2023 performance to 32% over the past year, according to Ofcom.

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ATS Customer Experience 98

Retail Dive

OCTOBER 29, 2024

The company is working to build Heydude’s brand awareness and momentum through influencer partnerships after a 17% revenue drop in Q3.

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Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

Shopping

Wiser

OCTOBER 29, 2024

For today’s consumers, price and availability aren’t just practical considerations, they are foundational elements of trust. As shoppers seamlessly transition between online and in-store experiences, they expect consistency in pricing and reliable information about product availability. However, our recent surveys highlight that many brands and retailers are still grappling with discrepancies and stock issues, which can erode consumer confidence and loyalty.

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Management Inventory Management Consumer Promotions 78

Retail Dive

OCTOBER 29, 2024

From Youthforia’s problematic foundation shade range to Foxtrot’s abrupt shuttering, retailers have been the subject of some scary stories.

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Cisco Retail

OCTOBER 29, 2024

Cisco Partner Summit 2024 celebrated AI-driven innovation, awarding $900K USD in prizes. Discover the groundbreaking solutions that transform industries, enhance customer experiences, and drive business value.

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Customer Experience 87

Retail Dive

OCTOBER 29, 2024

The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace styles.

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101

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

Management