Thu.Nov 14, 2024

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Where retailers are most commonly falling short in CX

Inside Retail

In a competitive e-commerce environment, customers are most likely to return to shop where they have had the best experience. Yet many retailers are falling short, explains Mareile Osthus, CEO and co-founder of Humii, a platform that essentially X-rays retailers’ online customer experience. “Experience should always be a focus point,” says Osthus. “Make sure you impress people with what you can deliver.

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The Real Price of a Data Breach in Retail

Retail TouchPoints

Businesses today operate in a fast-moving cyber threat landscape. As digital operations become more complex and cybercriminals launch increasingly sophisticated phishing and malware attacks, data breaches have become common occurrences. In 2024 alone, several high-profile companies, including Dell, AT&T, Ticketmaster and Disney have suffered the consequences of a major breach.

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Evening wear brand Alamour The Label to open Sydney flagship in Darlinghurst 

Inside Retail

Women fashion brand Alamour The Label will launch its first flagship store in Sydney in mid-month, marking its expansion from online to physical retail. The store, located at 255C Oxford Street, has a Mediterranean-inspired design in nude and gold tones and offers a range of collections, including the Le Rouge and Honey lines. There will also be cocktail dresses, evening attire, and vacation designs, with prices ranging from $100 to $840.

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Tesla Issues Recall for Over 2,400 Cybertrucks, the Model’s Sixth Recall in 2024

Retail Wire

The bad news keeps coming for Tesla's high-profile Cybertruck, with the manufacturer issuing a recall of 2,431 vehicles due to a potentially faulty drive inverter.

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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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Coles, Woolworths to defend class actions over discount promotions

Inside Retail

Coles and Woolworths said they will defend the class action proceedings a law firm has filed in the Federal Court of Australia concerning the supermarket chains’ allegedly false discounts. Gerard Malouf & Partners filed a class action against Coles and Woolworths, seeking to recover funds for consumers who may have been deceived by the fake price drops on the items sold in their stores. “Coles announced on September 23 that it is defending the ACCC proceedings and also intends to

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Chipotle Releases ‘All I Want Is Chipotle’ Merch Collection

Retail Wire

The collection features cilantro soap, a "water" cup candle, and a car napkin holder.

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More Trending

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7-Eleven Makes the Holiday Season Merry and Bright With Food Deals Right When You Need Them

Retail Wire

7-Eleven is unwrapping fabulous holiday food deals just in time for busy season.

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Grown Alchemist opens first flagship store in the UK

Inside Retail

Australian skincare brand Grown Alchemist has established its first flagship store in the UK, further increasing its global retail network. The store, located at 35 Beak Street, spans two levels and boasts a lab-inspired decoration with plants, as well as a selection of biotech-derived skincare items. “Grown Alchemist is one of the most exciting brands in skincare and it’s amazing to see them choose Soho for their UK flagship,” said Antonia Johns, associate director of retail & leisure at Sa

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Disney Reports Strong Q4 2024 Earnings as Streaming Services Remain Profitable

Retail Wire

Disney profits are back after a "solid performance" during the fourth quarter.

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Capri, Tapestry Pull Plug on Merger Amid Regulatory Uncertainty

Retail TouchPoints

Three weeks after a federal judge issued an injunction halting the merger of luxury groups Capri Holdings and Tapestry , the companies have mutually agreed to give up their plans to join forces. Both groups said that the outcome of the legal process was too uncertain and unlikely to be resolved by the outside date (or drop-dead date) of Feb. 10, 2025 that had been set when the merger was first announced in August 2023.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Spotify Teases ‘Super Premium’ Subscription Tier, Uninterrupted Video Podcasts After Impressive Earnings Report

Retail Wire

Spotify delivers impressive Q3 earnings, teasing future "super premium" subscription tier.

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BNPL Firm Klarna Preps for U.S. IPO with SEC Filing

Retail TouchPoints

Klarna Group Plc has confidentially submitted an F-1 filing with the U.S. Securities and Exchange Commission (SEC) for a public offering of its ordinary shares, but the buy now, pay later (BNPL) firm provided no details about the number of shares to be offered, their price or when the IPO would take place. “The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions,” according to a Klarna statement.

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The top global consumer trends of 2025, according to Euromonitor

Inside Retail

Keeping up with shifting consumer trends is no easy feat for retailers in an increasingly competitive omnichannel shopping market. Staying ahead of trends is even more difficult. To help prepare for the hectic year ahead, Inside Retail delved into a recent Euromonitor report, which revealed the top global consumer trends to expect in 2025. From a rising interest in healthcare products to a desire for a more filtered and curated product presentation, Euromonitor’s report examines several intrigui

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Food Hall Startup Wonder Acquires Grubhub for $650 Million

Retail TouchPoints

Wonder Group , the “fast fine dining” retailer founded by serial entrepreneur Marc Lore, will purchase Grubhub from Just Eat Takeaway.com for $650 million , including $500 million in senior notes and $150 million in cash. The deal is projected to be finalized during Q1 2025, subject to customary closing conditions and regulatory approvals. “Wonder’s acquisition of Grubhub continues our mission to make great food more accessible,” said Lore, Founder and CEO of Wonder in a statement.

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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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Burberry Group posts lower revenue, swings to operating loss

Inside Retail

Burberry Group posted lower revenue in the 26 weeks that ended September 28, which the company blamed on inconsistent brand execution and a lack of focus on the core outerwear category and customer segments. The footwear retailer’s revenue declined 22 per cent to £1.09 billion (US$1.38 billion) while swinging to an operating loss of £53 million.

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After a $5.5B Valuation, Vuori Exec Reveals What’s Next in International Expansion

Retail TouchPoints

At a time when renowned athleisure brands like Lululemon are struggling , Vuori is continuing to ride its rocket ship to growth. Last week, the company announced an $825 million investment round led by General Atlantic and Stripes Investment, bringing the premium performance brand’s valuation to a staggering $5.5 billion. The investment builds upon Vuori’s $400 million investment, led by SoftBank Vision Fund 2, in 2021.

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LVMH reshuffles leadership team of Sephora, Moet Hennessy

Inside Retail

Luxury giant LVMH has made several upcoming leadership changes across its executive board, with new appointments set to take effect early next year. The shifts follow recommendations from the company’s sustainability and governance committee and reflect the company’s strategic efforts to align its leadership with the group’s growth and operational priorities.

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Tiffany & Co joins Trafford Centre’s luxury jewellery lineup with new concession in Selfridges

Retail Focus

Trafford Centre, the retail and leisure destination, is excited to announce that last month Tiffany & Co., the world-renowned jewellery brand, arrived at the centre. The new concession, located in Selfridges’ Accessories Hall, showcases the brand’s latest design concept, inspired by the renovated Fifth Avenue flagship designed by Peter Marino. The store carries signature lines such as Lock by Tiffany , HardWear by Tiffany, T by Tiffany and Knot by Tiffany, as well as high jewellery offerings

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

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.

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Workplace culture and performance: How to create the conditions for success

Inside Retail

Workplaces are full of well-meaning leaders who define cultural elements that are intended to build a sense of connection and belonging among staff and create the conditions for continual success. But how much is too much? It’s a question I’m often asked as many employees are confused about the internal messaging around culture and the expectations around ‘consistency of approach’.

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Sephora Liverpool will open its doors next spring 2025

Retail Focus

After a hugely successful launch in the North-East, with the opening of stores in Newcastle’s Eldon square and Gateshead Metrocentre, Sephora UK is continuing to fuel their northern expansion with the announcement of its next store opening at Grosvenor’s leading city-centre retail and entertainment destination, Liverpool ONE. The new store location at Liverpool ONE is slated to open in Spring 2025 and will be the 8th store in Sephora UK’s growing physical retail portfolio, which includes stores

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Why TBH Skincare’s Rachael Wilde is cutting the price of popular Rebound serum

Inside Retail

Australian brand TBH Skincare has put its money where its mouth is at a time when other businesses are raising their prices by cutting the price of its popular Rebound serum by $10. The move remains true to the brand’s mission – to be and remain accessible – and was achieved by optimising business operations in three main areas. The brand’s co-founder and CMO Rachael Wilde shared the price cut on TikTok, citing the ability to make and distribute its products more efficiently through scaling the

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Evolve Estates set to welcome new JD Sports in 2025

Retail Focus

Evolve Estates , part of commercial property and investment collective M Core, is set to welcome a brand-new JD Sports store at its Grosvenor Centre in Northampton next year. Leading sports retailer, JD Sports, has signed a 10-year lease for a substantial 14,000 sq ft unit, occupying units 29-35 along Newland Walk. The new store, which will be located in the former NEXT unit, is currently undergoing a major refurbishment.

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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

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Five inventory strategies for retailers to win business this peak holiday season

Inside Retail

Research shows that a lousy customer experience will deter 76 per cent of customers from returning to shop on your platform. So, it is critical to optimise service and customer experience online. The upcoming peak holiday retail season will place critical pressure on retailers’ back-end systems and networks as shoppers rush to snap up bargains and buy gifts for friends and families.

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Hampshire’s first New Balance store to open ahead of Black Friday

Retail Focus

Gunwharf Quays has announced that performance fashion and footwear brand, New Balance, will open its first Hampshire-based store on Wednesday 27th November, ahead of Black Friday. Independent since 1906, New Balance empower people through sport and craftsmanship to create positive change in communities around the world. The brand combines performance and style with a legacy of innovation and is known for its technologically advanced footwear that delivers comfort and support.

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H&M East Asia boss Aneta Pokucinska on the company’s localised growth strategy

Inside Retail

Nestled in the pulsing heart of Seoul’s vibrant Myeong-dong shopping district, H&M’s concept store isn’t just another retail outlet but a bigger part of the group’s bet on Asia. “We have been very much focused on enhancing and elevating our customer experience, and we’ve done a couple of innovative things,” Aneta Pokucinska, MD of the East Asia region at H&M, told Inside Retail.

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Goldsmiths relocates in centre:mk, Milton Keynes with larger luxury showroom

Retail Focus

Goldsmiths, a leading name in luxury watches and fine jewellery, is pleased to announce the relocation, upsize and opening of its new showroom in centre:mk , the heart of Milton Keynes. This prime location showcases an exquisite selection of renowned watch brands and fine jewellery collections, offering clients an unparalleled shopping experience. The new showroom features dedicated branded areas for some of the most prestigious watchmakers in the world, including TUDOR, Breitling, TAG Heuer, an

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

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Officeworks launches technology waste reduction initiative

Inside Retail

Officeworks has launched its ‘Bring it Back for Business’ technology waste reduction initiative ahead of National Recycling Week. Officeworks noted that 81 per cent of its customers in a survey said they want to be able to recycle products such as ink, toner cartridges and computer accessories. Starting November 19, customers in Victoria can order ‘Bring it Boxes’ online to fill with recyclables and schedule a collection.

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Outback’s ‘Steakmas’ Returns With Holiday Dishes and the ‘Koala on the Walla’

Retail Wire

Outback Steakhouse celebrates the most festive time of year with 'Steakmas.

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WHSmith posts strong profits and revenues despite high street decline

Retail Gazette

WHSmith has hailed “excellent” preliminary results for the year ending 31 August 31, with profits and revenues up, driven by strong performances in its travel business, at home and abroad. The retailer’ s headline group profit before tax rose 16% to £166m while total group revenue was up 7% to £1.92bn. In WHSmith’s booming travel arm, trading profit surged 22% to £202m, with travel revenues growing 11% to £1.47bn.

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Saks Fifth Avenue Announces Cancellation of Light Show Amidst Sales Struggles

Retail Wire

Saks Fifth Avenue will not have its infamous Christmas light show this year.

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How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.