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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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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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.

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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

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Customer Experience

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.

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Marketing ATS 278

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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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

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 276

Inside Retail

FEBRUARY 15, 2024

Australian brands have embraced the love story that is Taylor Swift’s Eras tour, as fans gear up for the local leg of the musical phenomenon, which is running Down Under from February 16-26. Iconic Australian brand Vegemite welcomed the singer with a Swift-themed billboard reading “From one icon to another, welcome to Australia,” and Melbourne’s Flinders Street Station has been lit up with images of the singer from Thursday through Sunday night while she is performing in the city.

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Accessories Fashion Apparel Shopping 255

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 263

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Accounting

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

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ATS 246

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 263

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

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).

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Consumer Marketing Fulfillment Promotions 263

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Customer Experience

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

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 253

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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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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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

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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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

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Wholesale

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

Japan's economy faced a setback, slipping into a technical recession as recent government data revealed a contraction in the October-December period. The unexpected downturn was largely attributed to high inflation, which constrained domestic demand and private consumption in the world's fourth-largest economy.

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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).

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Returns Shopping ATS 116

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

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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Retail Wire

FEBRUARY 15, 2024

American fast-food chain Wendy’s is bringing a sweet treat to its breakfast menu in partnership with baked goods chain Cinnabon.

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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

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