Wed.Feb 14, 2024

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The Body Shop in Crisis: Administration Looms, Jobs and Stores at Risk

Retail Wire

The Body Shop, a well-known skincare and cosmetics retailer founded by Anita Roddick in the 1970s, has appointed administrators, leading to concerns over the business's future.

Shopping 147
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How the Not-Amazons of the World Should Approach Commerce Media

Retail TouchPoints

All eyes in the retail world are on opportunities in commerce media right now — and rightfully so, given that the already-massive spend in this channel is expected to double again by 2027. But as the gold rush gains momentum, it would behoove small and mid-size retailers to remember that not everyone is running the same race for the same prize. Commerce media represents a tremendous opportunity for retailers of all sizes to open new revenue streams and make the most of their close customer relat

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Target Reducing Self-Checkout Hours in Certain Stores To Fight Missing Inventory

Retail Wire

Challenges with Target's self-checkout lanes continue as the retailer is cutting down the hours of operation at some of its stores.

Checkout 279
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Staples to Deploy AI-Powered Robotic Picking in Fulfillment Centers

Retail TouchPoints

Staples will install autonomous item-handling robots in its fulfillment centers as part of a multi-year agreement with RightHand Robotics. The solution provider’s RightPick system is powered by advanced hardware, a sensor suite and RightPick AI software designed for a wide range of warehouse tasks. “We have always valued automation, and we see it as the future of ecommerce picking,” said Amit Kalra, Chief Supply Chain Officer at Staples in a statement.

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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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Dole Salad Kit Recall Due to Listeria Concerns

Retail Wire

Yet another popular convenience food is being recalled due to Listeria concerns. Dole Salad Kits may have been contaminated with the virus, and the company has called for a recall of the affected products.

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New Crocs and Famous Footwear Product Drop Supports U.S. Foster Youth

Retail TouchPoints

It’s fair to say that Crocs has mastered the art of the product drop, collaborating with obvious (and not-so-obvious) partners on exclusive designs and collections. The casual footwear brand’s latest venture is with retail partner Famous Footwear. They’re launching two exclusive designs to support the Ticket to Dream foundation, a non-profit organization dedicated to providing support and opportunity for kids in foster care and their foster families.

ATS 264

More Trending

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Express Launches Debt Restructuring Effort in Bid to Avoid Bankruptcy

Retail TouchPoints

Amid declining sales, apparel retailer Express has hired restructuring adviser M3 and law firm Kirkland & Ellis to help restructure nearly $280 million of debt, according to the Wall Street Journal , which cited people with knowledge of the matter. If the company is unable to successfully restructure its debt, a bankruptcy filing could be imminent.

Apparel 264
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R.M. Williams crafts quality and service from people and tech

Inside Retail

Investing in its people and technology to give the customer the best possible experience has been paramount for heritage Australian brand R.M. Williams since Tattarang, the private investment company owned by mining magnates Andrew and Nicola Forrest, acquired the business from L Catterton in 2020, returning the bootmaker to full Australian ownership for the first time since 2013.

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How Shop Premium Outlets is Helping Brands ‘Light Up’ Excess and Outlet Inventory

Retail TouchPoints

It’s been more than four years since mall operator Simon launched its ecommerce joint venture with Rue Gilt Groupe , and the Shop Premium Outlets (SPO) marketplace is going strong. The site, aimed at bringing off-price inventory from Simon’s malls online, now features more than 300 brands and as of last September, sales were up 100% year over year.

Shopping 248
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Wesfarmers’ revenue grows amid higher Bunnings, Kmart sales

Inside Retail

Wesfarmers has witnessed higher net income and revenue in the fiscal first half amid better sales across the Bunnings Group, Kmart Group, and Officeworks channels. However, sales of its e-commerce arm Catch, plunged 29 per cent. The conglomerate’s net income rose 3 per cent to $1.43 billion as revenue grew 0.5 per cent to $22.67 billion. Earnings before interest and taxes after interest on lease liabilities increased 1.4 per cent to $2.08 billion.

Consumer 255
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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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Instacart Cuts 250 Jobs as Stock Falls

Retail Wire

Instacart, the grocery delivery retailer, made a new move on Tuesday, slashing about 250 jobs, which amounts to approximately 7% of its workforce.

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Singapore’s Qoo10 to acquire e-commerce platform Wish for US$173 million

Inside Retail

Singapore-headquartered e-commerce company Qoo10 has entered an agreement to acquire American e-commerce platform Wish from ContextLogic Inc for US$173 million. The price represents a bargain at about 1 per cent of its value at the time the struggling marketplace listed on the stock market a little over three years ago. The sale will include all operating assets and liabilities associated with Wish.

Finance 245
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Amazon Prime Subscriber Files Lawsuit Over Ads on Prime Video

Retail Wire

A California-based Amazon Prime subscriber recently filed a class action lawsuit against the company over its implementation of advertisements on Prime Video.

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Shoplight Tackles the Throw Away Culture in Retail Lighting

Retail Focus

Retail is fast paced. Trends evolve rapidly, seasons swiftly come and go, and the perpetual push to create and satisfy demand is the norm. The practicalities of the retail sector means that lighting fixtures are often removed at speed as retailers regularly refurbish stores and exit premises as leases expire. Contractors must get in and out quickly.

Planning 147
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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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Valentine’s Day Sweets Significantly Priced Up

Retail Wire

Buying Valentine's Day-themed candy seems to come with a higher-than-normal price tag this year.

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Instacart Lays Off 250 in Move to Streamline and Focus on Growing Retail Media Business

Retail TouchPoints

Instacart has laid off 250 employees in a move to “reshape” the newly public company, as it looks to “focus on our most promising initiatives and execute more efficiently to a flatter organization,” said CEO Fidji Simo on a call detailing the grocery tech company’s Q4 and full year 2023 results. Simo also shared that three top executives — COO Asha Sharma, CTO Varouj Chitilian and Chief Architect JJ Zhuang — were leaving the company.

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Paramount Global Layoffs Affect CBS News Reporters

Retail Wire

Reports reveal that Paramount Global's recent layoff spree, which saw 800 jobs cut, including several CBS News reporters, has sparked controversy.

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11 digitally native retailers that could file for bankruptcy in 2024

Retail Dive

While off to a slower start than 2023, filings are expected to continue in the industry, especially among many direct-to-consumer brands.

Consumer 138
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Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions

Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.

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Flight of fancy: Why this unique design trend is taking off

Inside Retail

Setting up retail stores or restaurants in unusual places is a neat way to differentiate: even if the product isn’t special, the novelty of browsing, buying or dining in an unconventional space has appeal. Themed experiential restaurants typically don’t need unconventional buildings; instead they use creative design inside and outside conventional ones: Rainforest Café, Amazon Café, Cheesecake Factory, Cabbages and Condoms and hundreds of other concepts.

Shopping 130
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Away lays off 25% of internal staff

Retail Dive

The DTC luggage brand is undergoing a reorganization that also includes "the elimination of a traditional executive team structure.

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Better than Botox? How The Skin Bar is tapping into a niche skincare trend

Inside Retail

After five successful clinic openings in Sydney, The Skin Bar has found a home for its sixth branch in Melbourne’s Armadale. The expansion from New South Wales to Victoria follows a successful pop-up in St Kilda and comes as founder Samantha Appel continues to buck the trend among skincare clinics with her non-invasive approach and firm stance against injectables.

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Swissport Ships 9,000 Tons of Roses for Valentine’s Day

Retail Wire

When Valentine's Day approaches, the world's craving for fresh roses reaches its peak. Swissport, a leader in the global logistics arena, orchestrates the movement of over 9,000 tons of these love tokens through its acclaimed Flower Corridor, spanning from the Kenyan highlands to Europe.

Shipping 130
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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

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How to get your team to collaborate as one

Inside Retail

No leadership team, no leadership cohort and no enterprise can fully achieve its potential without working as one. Every leader knows this to be true but do they know how to do it? The starting point is the recognition that working as one is about sharing, because without sharing, there will inevitably be waste, missed opportunities, disengagement and the risks that come from silos and poorly executed strategies.

Location 130
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A Flight Attendant Strike for Better Pay and Conditions Is Underway

Retail Wire

Flight attendants across Southern California and numerous airports nationwide staged demonstrations to push for improved wages and working environments. The protest, organized as part of a Worldwide Flight Attendant Day of Action, saw picketers gathering at Los Angeles International Airport, John Wayne Airport in Santa Ana, and Ontario International Airport.

ATS 130
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The Body Shop: What went wrong for the pioneering beauty chain?

Retail Gazette

The Body Shop owner Aurelius called in administrators for the retailer’s UK operations on Tuesday, just weeks after snapping up the business. Administrator FRP said the move would “accelerate restructuring” of the retailer, which covers around 200 stores nationwide, providing it with “ the stability, flexibility and security to find the best means” of securing its future.

Shopping 120
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The Managed Services Surge: Insights from Cisco Live EMEA

Cisco Retail

Cisco Live EMEA 2024 is now in the books—what an incredible four days! The atmosphere was alive with the anticipation of the innovation and opportunity that lies ahead of us.

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Turn Your Website Into a Money-Maker: Tips for Small Business Success

Your website can be more than just a digital presence—it can be a thriving profit center. Discover proven strategies to monetize your website, whether you sell physical products, digital downloads, or services. Learn the importance of user-friendly design, high-quality content, and tailored marketing to meet audience needs and boost engagement. Explore options like e-commerce, affiliate marketing, and subscriptions, and use analytics to optimize for success.

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Asda’s Issa brothers borrowed £5.6m from EG Group to repay private jet loans

Retail Gazette

Asda’s billionaire owners have borrowed millions of pounds from their petrol forecourt business to repay debt that was taken out to buy two private jets. EG Group lent Mohsin and Zuber Issa’s personal private jet companies £5.6m in 2022, corporate filings show, on top of the £31m in unsecured loans it gave them to buy the planes in 2018, The Financial Times reported.

Finance 116
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Hasbro cuts half of its SKUs as sales fall 23% in Q4

Retail Dive

CFO Gina Goetter said the products represented just 2% of revenue and were duplicative and unprofitable.

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Dunelm profit and sales rise as it wins new customers

Retail Gazette

Dunelm saw an uplift in profit and sales during its first half, as it continued to grow its market share. Profit rose 4.8% for the half to 30 December to reach £123m for the home furnishings retailer as sales advanced 4.5% to £872m. The business saw a 4.2% spike in its number of active customers as well as increased transaction frequency, as it said its “strengthened customer offer” drove growth across its categories and channels.

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Neiman Marcus Bolsters E-Commerce, Slashes Asset Management Time by 75%

RIS News

For retailer Neiman Marcus, product images were a piece of the e-commerce pie that needed refining. Learn how a tech partnership resulted in an optimized user experience.

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s