Fri.Jun 07, 2024

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Multi-Billion Dollar Antitrust Lawsuit Threatens NFL’s Sunday Ticket Package

Retail Wire

Opening arguments are scheduled for a class action lawsuit probing the legitimacy of the NFL's Sunday Ticket package.

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3 Key Retail Metrics and How Supply Chain Readjustments Can Help

Retail TouchPoints

With today’s technology, retailers have seemingly endless access to hundreds of data points, and it can be difficult to discern which metrics matter. But regardless of whether you’re a retailer with 10 locations or hundreds, measuring logistics performance is critical to business success. By first identifying and then analyzing these insights, retailers can gain visibility into what is working well and what isn’t, and where there are opportunities to improve efficiency, cost savings and customer

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Marquee Group rescue deal seals its exit from administration 

Inside Retail

Marquee Retail Group, parent of Colette by Colette Hayman and The Daily Edited, has concluded its voluntary administration process after executing a Deed of Company Arrangement (Doca). The Doca is a binding arrangement between a company and its creditors governing how the company’s affairs will be dealt with, according to the Australian Securities & Investment Commission.

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Ford Recalls Over 8,000 Mustangs Due to Leak and Fire

Retail Wire

Ford Motor Company has issued a recall for over 8,000 of its 2024 Mustang models due to a risk of fire stemming from leaking clutch fluid.

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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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UK retailer Mountain Warehouse makes Australian offline debut

Inside Retail

UK-based outdoor retailer Moutain Warehouse will launch its first Australian physical store in Brisbane’s Skygate Shopping Mall in July. The store spans 3000sqft and offers men’s, women’s, and children’s clothing, footwear, and equipment. It also provides ski gear, down jackets, trekking kits, and a wide range of backpacks. According to the brand, the opening is part of its expansion strategy to deliver high-quality outdoor products to Australians.

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Walmart Shareholders Vote Down Majority of Proposals at Annual Meeting

Retail Wire

Walmart shareholders held their annual meeting virtually online on June 5, 2024, with roughly 91% of all outstanding shares represented, and saw the rejection of most of the proposals on the agenda.

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More Trending

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National Donut Day: Deals, Freebies, & More

Retail Wire

National Donut Day is celebrated in all donut shops around the country.

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Lighting a new aesthetic for Russell & Bromley

Retail Focus

Russell & Bromley’s beautiful new boutique store in Hampstead, London, designed by design & architect studio Shed, and lit by Shoplight, has been created to gracefully blend in with the surrounding village aesthetic, retain the building’s original character and showcase Russell & Bromley’s luxury fashion footwear. Shed’s new design concept is in fact a new blueprint for Russell & Bromley as it expands in the UK and beyond.

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FDA Rescinds Marketing Ban on JUUL Vaping Products

Retail Wire

The FDA will conduct further additional scientific reviews of the product.

Marketing 147
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Asda: Zuber Issa sells stake as TDR becomes majority owner

Retail Gazette

Asda co-owner Zuber Issa has sold his stake in the supermarket chain to co-owner TDR Capital, as the private equity firm becomes the majority owner. The deal, which will complete later this year, brings the ownership of Asda to 67.5% by TDR Capital, 22.5% by Mohsin Issa, and 10% by Walmart. Zuber Issa will also step down as co-chief executive of EG Group after reaching an agreement to acquire its remaining UK forecourt business and certain standalone food service locations for £228m.

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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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Campbell CEO Shares How Car Insurance Inflation Affects the Snack Aisle

Retail Wire

Campbell Soup's recent report has revealed a surprising decline in snack sales, raising questions about the resilience of the snack market in an inflationary environment.

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Waitrose snaps up meal-kit delivery service Dishpatch

Retail Gazette

Waitrose has acquired meal-kit delivery service Dishpatch, as it seeks to bring “further new and exciting food experiences” to its customers. Dishpatch, which was founded in 2020, provides restaurant-quality home dining with more than 40 dishes designed by some of the UK’s leading chefs, including Angela Hartnett and Michel Roux Jr. Waitrose said the deal aligned with its ambition to be the trusted home for food lovers.

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Wendy’s Rolls Out New Triple Berry Frosty Flavor for Summer

Retail Wire

Wendy's is set to delight fans with the introduction of a new Triple Berry Frosty, a refreshing addition that's perfect for the summer season.

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Landlords close in on acquisition of Express

Retail Dive

With private equity-backed WHP Global, Brookfield and Simon Property Group have put up a stalking horse bid of some $160 million in cash and $38 million in assumed liabilities.

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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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Winning California Lottery Ticket Has Hours Left To Be Claimed

Retail Wire

There's only a few hours left before a $2.9M prize goes unclaimed in the California lottery.

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Securely Connect Everything Everywhere with a Unified SASE Platform

Cisco Retail

We rely on connections with everyone and everything. But secure networking can be challenging in a distributed world of people, places, and things across premises to the cloud, which can ultimately impact the user experience. Learn what Cisco is doing to help customers securely connect everything everywhere through the latest enhancements to our SASE solution.

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Rivian Revamps All-Electric R1 Pickup and SUV, Integrates Nvidia Chips

Retail Wire

Rivian has announced major updates to its all-electric R1 pickup and SUV models, aiming to boost range, performance, and computing power.

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Co-op to close Member Pioneer programme, 766 jobs at risk

Retail Gazette

Co-op is set to replace its Member Pioneer programme in a move that puts more than 750 roles at risk. The retailer has entered a consultation period with 766 part-time employees, which are made up of 689 Member Pioneers and 77 coordinators. It is replacing the programme with 61 new full-time equivalent Member Engagement Activators, who have “the sole remit to connect, engage and support member-owners in communities at a regional level, whilst making a real difference in how people experien

ATS 100
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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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Walmart Advances With New Tech-Driven Innovations

Retail Wire

Walmart has introduced a variety of technological innovations to its stores.

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Security, the cloud, and AI: building powerful outcomes while simplifying your experience

Cisco Retail

Read how Cisco Security Cloud Control prioritizes consolidation of tools and simplification of security policy without compromising your defense.

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GameStop Q1 sales drop 29% as it issues new stock offering

Retail Dive

The video game-focused retailer plans to capitalize again on meme stock interest by selling 75 million more shares.

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Alibaba Courts the U.S. and Europe to Get Global Growth

LS Retail

©iStock/Robert Way Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe. Alibaba.com — the company’s business-to-business platform which sells to companies outside China — is launching “Alibaba Guaranteed.” The new service will provide buyers with greater certainty on delivery, payments and dispute settlement.

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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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The Weekly Closeout: Kirkland’s explores strategic alternatives as Claire’s celebrates Hello Kitty

Retail Dive

The home retailer is also instituting a cost-savings plan as sales fell 5% in Q1. Meanwhile, the tween brand is honoring the iconic character’s 50th anniversary.

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Retail Design Tips, Trends & Examples for 2024

Shopify

There are dozens of ways to design your retail store, but not all will encourage your customers to convert—and then return. Follow these retail design tips and trends to craft an unforgettable shopping experience.

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Sam’s Club looks to members to bolster private label offerings

Retail Dive

In a new initiative, the Walmart-owned club retailer is enlisting the help of 50,000 shoppers to help co-create products for its Member’s Mark line.

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The Body Shop administrators set deadline for rescue bids

Retail Gazette

Administrators of The Body Shop have set a deadline for bids as it looks to wrap up the sale of the retailer. FRP Advisory has requested that indicative bids for the vegan beauty are submitted by next Tuesday, Sky News reported. Sources said the administrators wanted to secure a deal for The Body Shop’s remaining British assets before the end of June.

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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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The Container Store introduces Decor+ by Elfa

Retail Dive

The retailer seeks to grow its Custom Spaces business amid declining sales.

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Klarna and Sainsbury’s Partnership Brings Interest-free BNPL to Argos, Habitat and Tu

365 Retail

Klarna , the AI-powered global payments network and shopping assistant, has partnered with Sainsbury’s PLC which will see its payment methods available at the online checkouts of three iconic brands: Argos, Habitat and TU. Shoppers will be able to choose from Klarna’s three interest free payments; pay immediately and in full with Pay Now, pay in 30 days with Pay Later or over three equal installments with Pay in 3.

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Hoka opens New York City flagship store

Retail Dive

The Fifth Avenue location marks the popular running brand’s second store in New York City and eighth store in the U.S.

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Similarweb reveals the top growing DTC brands in the UK

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The analysis highlights British online consumers continue to prioritise affordable brands while looking out for quality and sustainability in the products they are purchasing. Similarweb has identified the UK’s top 30 direct-to-consumer (DTC) brand sites with the biggest web traffic surge in the past year (April 2024 data).

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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.