Inside Retail

FEBRUARY 15, 2024

Six fashion designers have been named finalists for the PayPal Melbourne Fashion Festival National Designer Award this year, presented by David Jones. The designers are Alex Higgins, Ikuntji Artists, (pictured above), Jeremy Hershan of Haulier, Jordan Gogos of Iordanes Spyridon Gogos, Natasha Gordon of Clea, and Timothy Aquino of THDR. “We take great pleasure in offering support and mentorship to these talent during their early stages, ensuring the enduring success of their brands and sign

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Fashion Accessories Marketing ATS 278

Retail TouchPoints

FEBRUARY 15, 2024

Skechers has opened store number 5,000 , in Bogotá, Colombia, nearly 30 years after opening its first store in Manhattan Beach, Calif. The sports apparel and performance shoe retailer’s first international store was in Japan; its 100th launched in NYC’s Times Square and its 3,000th debuted in China. “Every location offers the same look and feel to carry the Skechers brand with consistency across six continents,” said Michael Greenberg, President of Skechers in a statement.

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Apparel Location Planning Consumer 274

Inside Retail

FEBRUARY 15, 2024

Vicinity Centres reported an occupancy rate of 99.1 per cent during the fiscal first half ended December 31, its highest point since 2019. The group attributed the increase to “robust tenant demand”, up from 98.8 per cent as of June 30 last year and 98 per cent at the peak of the pandemic (December 2020). Statutory net profit after tax rose to $223.5 million from $176.3 million in the year-ago period.

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Net Profit Sporting Goods Shopping ATS 264

Retail Wire

FEBRUARY 15, 2024

Colorado Attorney General Phil Weiser took a decisive step on Wednesday, announcing plans to file a lawsuit aimed at blocking the proposed $24.6 billion merger between grocery retailers Kroger and Albertsons.

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Planning ATS 259

Advertiser: ZoomInfo

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.

Consumer

Inside Retail

FEBRUARY 15, 2024

RMIT University researchers are developing smart fabrics with nanodiamonds to help wearers cool down faster. The study discovered that fabric coated with nanodiamonds using a procedure known as electrospinning reduced by 2-3 degrees Celsius during the cooling process when compared to untreated cotton. Shadi Houshyar, project lead and RMIT senior lecturer, stated that there is a significant chance to apply these insights to develop innovative materials for sporting and even personal protection

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Outdoor Fashion ATS Accessories 261

Retail TouchPoints

FEBRUARY 15, 2024

With an eye on its goal of becoming the leading family footwear retailer in the U.S., Shoe Carnival has acquired the 53 -year-old Rogan’s Shoes for $45 million in cash. The addition of Rogan’s 28 stores throughout the Midwest makes Shoe Carnival the market leader in Wisconsin and establishes a store base for the company in Minnesota for the first time.

Marketing 238

Marketing ATS 238

Retail TouchPoints

FEBRUARY 15, 2024

Starbucks and Bank of America (BoA) have forged a new partnership designed to offer extra rewards to their most loyal customers. The millions of BoA cardholders and Starbucks Rewards members in the U.S. can link eligible accounts to earn 2% cash back from Bank of America (on top of the rewards and benefits they already earn on qualifying purchases) and one Star for every $2 spent at Starbucks.

Sporting Goods 229

Sporting Goods Accounting Consumer Marketing 229

Inside Retail

FEBRUARY 15, 2024

Officeworks has raised over $1.3 million for The Smith Family’s Learning for Life sponsorship program. The funds received from the Back to School Appeal from December 26 to February 11 are earmarked for families struggling with poverty to afford their child’s essential school supplies such as uniforms, books, and excursions. The funds will also be used for personal support and extra education programs to help students stay motivated in their learning. “When young people start s

ATS 246

ATS 246

Retail TouchPoints

FEBRUARY 15, 2024

Party City has partnered with The Parker Avery Group to roll out a price optimization solution based on the solution provider’s Enterprise Intelligence analytics platform. The retailer chose Parker Avery because of its retail-focused analytics capabilities and ability to provide insights that go beyond price recommendations to help inform decision-making.

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Inventory Management Planning Management ATS 227

Inside Retail

FEBRUARY 15, 2024

Footwear brand Crocs saw net income almost double last year amid higher revenue both in the US and international markets. The company’s annual net income surged 46.7 per cent to $792.6 million as revenue increased 11.5 per cent to $3.96 billion. The Crocs brand’s revenue climbed 13.3 per cent to $3.0 billion, with North American revenue growing 8.1 per cent to $1.8 billion and international revenue soaring 21.7 per cent to $1.2 billion.

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Returns Marketing Accessories Fashion 243

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

Fulfillment

Retail TouchPoints

FEBRUARY 15, 2024

Staples has renamed and upgraded its Staples Rewards loyalty program. The new Easy Rewards program, which is free to join, is designed to deliver customized savings and benefits based on what members buy and how they shop. Staples is kicking off the program’s debut with a Leap Day promotion, offering 29,000 free passport photos nationwide and the chance to win 29X points for purchases members make on Feb. 29, 2024.

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Promotions Shopping ATS Customer Experience 223

Inside Retail

FEBRUARY 15, 2024

TerryWhite Chemmart has partnered with DoorDash and Hola Health in a bid to expand the telehealth services it offers. The pharmacy group’s agreement with Hola Health will allow ‘a seamless integration’ of its Health Engine booking platform, the TerryWhite Chemmart website, and the myTWC app, where customers access various health services through its CareClinic program.

Customer Experience 162

Customer Experience ATS 162

Retail TouchPoints

FEBRUARY 15, 2024

With both IRL and virtual events, retailers and brands including Foot Locker , JD Sports , Nike , Jordan Brand and the National Basketball Players’ Association (NBPA) will be making sure the sideline action is as exciting as what happens on court when the National Basketball Association ’s annual All-Star weekend tips off in Indianapolis this Friday, Feb. 16.

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Drop-Shipping Apparel Shipping Location 213

Retail Wire

FEBRUARY 15, 2024

A recent report has revealed that U.S. authorities are holding thousands of imported luxury cars from brands like Porsche, Bentley, and Audi due to concerns over parts made with forced labor in China.

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Advertiser: ZoomInfo

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.

Planning

Retail TouchPoints

FEBRUARY 15, 2024

In May 2023, the U.S. Surgeon General declared the country had entered a loneliness epidemic , which could prove an existential threat to the health of our society and its people if left unaddressed. With this declaration, the CDC issued a clarion call for “individuals, governments, workplaces, health systems and community organizations” to confront this growing crisis by developing ways to increase personal connection.

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Consumer Customer Experience Shopping Marketing 213

Retail Wire

FEBRUARY 15, 2024

A faulty cloud storage server owned by premium car giant BMW revealed sensitive company information, which includes internal data and private keys.

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Retail TouchPoints

FEBRUARY 15, 2024

The Stanley X Starbucks Valentine’s Day Quencher H2.0 Tumbler is the latest example of a viral retail phenomenon. The 40-ounce tumbler joins the likes of the Cabbage Patch Doll, Tickle Me Elmo and Furbies, which all generated long lines — even stampedes — of consumers clamoring to get their hands on these coveted goods. And while the initial hype is gone, the tumbler has spurred long-term interest, garnering a resale value of about $300 (a staggering 500% increase from its initial price).

Consumer 213

Consumer Marketing Fulfillment Promotions 213

Inside Retail

FEBRUARY 15, 2024

As Chinese consumer spending on personal luxury goods continues to surge, luxury brands are turning to cultural events like Lunar New Year to enhance their appeal and captivate a growing market. According to Euromonitor research, Chinese consumer spending on luxury goods is projected to reach a staggering $88 billion by 2028. To cut through the noise, and compete with rising domestic players, luxury brands are increasingly leveraging digital platforms to engage with consumers in innovative ways.

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Social Commerce Fashion Accessories Apparel 130

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Customer Experience

Retail TouchPoints

FEBRUARY 15, 2024

Repurpose Global , an organization that brings brand leaders, consumers and policymakers together to combat plastic waste, has launched a $1 million fund to give companies equitable access to reuse and refill solutions. Approximately 70% of plastic reduction is achievable through reuse, refill and new delivery models, according to the UN. However, brands face complex barriers to implementing these offerings, such as inadequate infrastructure, a high cost of adoption and lack of flexible financin

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Finance Returns Consumer ATS 184

Inside Retail

FEBRUARY 15, 2024

American mobile e-commerce company ContextLogic, which does business as Wish, announced this week that it agreed to sell the online marketplace for approximately $265.6 million in cash to Singapore-based Qoo10, which operates localised marketplaces in Asia, subject to certain purchase price adjustments. The purchase price represents about $10 per share and an approximately 44 per cent premium to ContextLogic’s closing stock price on February 9, but it is a tiny fraction of the company’s US$14 b

Merchant Services 130

Merchant Services Customer Experience Consumer Shopping 130

Retail Wire

FEBRUARY 15, 2024

A lawsuit against Match Group claims that dating apps promote addictive use. Tinder, Hinge, and other Match dating apps are filled with addictive features that encourage “compulsive” use, the proposed class-action lawsuit, filed on Valentine's Day, claims.

Promotions 130

Promotions 130

Retail Focus

FEBRUARY 15, 2024

Understanding the psychology behind consumer behaviour is crucial for businesses and marketers aiming to tailor their strategies effectively. This interest becomes particularly fascinating when focusing on specific demographics, such as students, whose purchasing decisions are influenced by a myriad of factors, from social trends to economic constraints.

Consumer 130

Consumer Marketing Fulfillment Promotions 130

Advertiser: ZoomInfo

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.

Marketing

Retail Wire

FEBRUARY 15, 2024

On a recent Delta flight from Amsterdam to Detroit, passengers found themselves in an unexpected situation. Philip Schotte, a traveler from Iowa, witnessed maggots falling onto a woman seated beside him from an overhead bin. This bizarre incident led to the plane making a U-turn just an hour after takeoff.

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Retail Focus

FEBRUARY 15, 2024

Capturing the attention of the student demographic is both a significant opportunity and a challenge for marketers in today’s retail landscape. Students, with their distinct preferences, behaviours, and purchasing power, represent a dynamic segment that can drive trends and influence brand loyalty across various industries. Understanding how to effectively appeal to this group requires a blend of traditional marketing wisdom and innovative strategies that resonate with the digital-native generat

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Retail Marketing Marketing Advertising Consumer 130

Retail Wire

FEBRUARY 15, 2024

Empty office buildings are becoming a common sight in downtown areas across the United States.

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Retail Gazette

FEBRUARY 15, 2024

The gap between the number of international visitors in London and the spending associated with them widened in the final quarter of last year, sparking calls for the government to reinstate tax-free shopping. Visitor numbers in the capital in the last three months of 2023 were level with that in 2019, however, spending was down by 15%, according to data by the New West End Company (NWEC).

Returns 116

Returns Shopping ATS 116

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Retail Wire

FEBRUARY 15, 2024

In the latest automotive news, California-based Scarbo Vintage has rolled out its third creation, claiming it to be the world's inaugural street-legal Hypertruck.

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Retail Gazette

FEBRUARY 15, 2024

Poundland has unveiled plans to give 150 stores in the UK and Ireland a major makeover by the end of August 2024, following parent company Pepco’s investment in clothing, homewares and chilled and frozen food. Dubbed Project Evo, the transformations will include a top-to-bottom refresh of each store, marking the first significant investment in the majority of these stores for over five years.

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Checkout Location Shopping Planning 115

Retail Wire

FEBRUARY 15, 2024

Lab-grown beef rice is the newest superfood, and scientists say it could be a high protein source for consumers.

Consumer 130

Consumer 130

Retail Gazette

FEBRUARY 15, 2024

Lidl is replacing its paper pricing tags with electronic shelf labels in all its UK stores. The discounter said the new technology will help to drive efficiency in its supermarkets, with colleagues spending less time manually updating price tags. It claims the change will save over 206 tonnes of carbon annually through paper and packaging reductions.

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Supermarket Shopping 111

Advertiser: ZoomInfo

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.

Marketing