Retail Wire
FEBRUARY 14, 2024
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.
Retail TouchPoints
FEBRUARY 14, 2024
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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Retail Wire
FEBRUARY 14, 2024
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.
Retail TouchPoints
FEBRUARY 14, 2024
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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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.
Inside Retail
FEBRUARY 14, 2024
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.
Retail TouchPoints
FEBRUARY 14, 2024
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.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
FEBRUARY 14, 2024
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.
Inside Retail
FEBRUARY 14, 2024
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.
Retail TouchPoints
FEBRUARY 14, 2024
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.
Retail Wire
FEBRUARY 14, 2024
Challenges with Target's self-checkout lanes continue as the retailer is cutting down the hours of operation at some of its stores.
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Retail Focus
FEBRUARY 14, 2024
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.
Retail Wire
FEBRUARY 14, 2024
Instacart, the grocery delivery retailer, made a new move on Tuesday, slashing about 250 jobs, which amounts to approximately 7% of its workforce.
Retail TouchPoints
FEBRUARY 14, 2024
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.
Retail Wire
FEBRUARY 14, 2024
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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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.
Inside Retail
FEBRUARY 14, 2024
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.
Retail Wire
FEBRUARY 14, 2024
William Post created the shelf-stable snack treat in 1964 with just four original flavors.
Inside Retail
FEBRUARY 14, 2024
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.
Retail Wire
FEBRUARY 14, 2024
Buying Valentine's Day-themed candy seems to come with a higher-than-normal price tag this year.
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.
Inside Retail
FEBRUARY 14, 2024
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.
Retail Wire
FEBRUARY 14, 2024
Reports reveal that Paramount Global's recent layoff spree, which saw 800 jobs cut, including several CBS News reporters, has sparked controversy.
Retail Gazette
FEBRUARY 14, 2024
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.
Retail Wire
FEBRUARY 14, 2024
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.
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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
Retail Gazette
FEBRUARY 14, 2024
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.
Retail Wire
FEBRUARY 14, 2024
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.
Retail Dive
FEBRUARY 14, 2024
While off to a slower start than 2023, filings are expected to continue in the industry, especially among many direct-to-consumer brands.
Retail Gazette
FEBRUARY 14, 2024
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.
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
Retail Dive
FEBRUARY 14, 2024
The DTC luggage brand is undergoing a reorganization that also includes "the elimination of a traditional executive team structure.
Retail Gazette
FEBRUARY 14, 2024
Kingfisher has unveiled a new target for 20,000 colleagues to have completed an apprenticeship, traineeship or formal qualification by 2030. It comes after the international home improvement retailer exceeded its current learning target two years early, with employees completing over 6.6 million skills for life learning hours since 2019/20, ahead of its target of five million hours by 2025.
Cisco Retail
FEBRUARY 14, 2024
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.
Retail Gazette
FEBRUARY 14, 2024
The Body Shop owner Aurelius is first in line for a payout after it put the business into administration, despite previously pledging to “drive operational improvements and re-energise” the company. The investment company is set to leave other parties with losses after it solidified its position as the brand’s top creditor before going on to break-up the business, placing 2,000 jobs at risk, according to The Times.
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