Inside Retail
APRIL 23, 2024
After two years of testing, sports giant Puma is ready to launch its compostable shoes dubbed Re:suede 2.0. Puma will create 500 pairs of the commercial version of the sneaker, which went online available for purchase on puma.com/eu and Zalando Plus this week. The commercial version was created to reflect the experiment’s findings and the volunteers’ feedback.
Retail TouchPoints
APRIL 23, 2024
Saks has joined peers like Nordstrom and Macy’s by launching a retail media network that will enable its brand partners to connect more directly with the Saks customer base through digital advertising. As Saks noted in its announcement, the retailer is one of the first in the luxury space to introduce a retail media offering. This first-mover status was likely enabled by Hudson Bay Company’s decision to split the Saks Fifth Avenue brick-and-mortar and ecommerce offerings into two separate compan
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Retail Focus
APRIL 23, 2024
The 2024 Visual Merchandising and Display Show, hosted on April 16-17 at the Business Design Centre in London, provided a comprehensive look at the future of engaging retail spaces through innovative design and display. The exhibition showcased an incredible range of products and technologies designed to redefine the potential of physical retail spaces.
Retail TouchPoints
APRIL 23, 2024
Ecommerce continues to climb to new heights in the U.S., where recently released figures for Q4 2023 show that sales reached nearly $325 billion. But America looks set for an ecommerce war. Having spent a whopping $3 billion on online advertising in the U.S. in 2023, China’s Temu is hoping that its online advertising blitz can help it establish a foothold in what is traditionally Amazon’s territory.
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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
APRIL 23, 2024
The brand that invented blue jeans, Levi’s, is reaching back into its archives to sell denim fans a piece of history with its premium Levi’s Vintage Clothing (LVC) offering. Looking back in time to drive future growth is an opportunity afforded to few brands but Levi’s rich history – the business was founded in 1853 in San Francisco by Levi Strauss – offers endless stories and inspiration for the LVC collections.
Retail TouchPoints
APRIL 23, 2024
Following a pilot in three U.S. cities, Amazon is making its grocery delivery subscription available to all Prime members in the U.S. For $9.99 a month, Prime members will now have access to unlimited grocery delivery on orders over $35 from Amazon Fresh , Whole Foods Market and a variety of local grocery and specialty retailers, as well as number of other delivery and fulfilment options.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
APRIL 23, 2024
Here’s some positive sustainability news for Earth Month. Walmart introduced Project Gigaton in 2017 with an ambitious goal: reducing, avoiding or sequestering one gigaton — that’s 1 billion metric tons — of greenhouse gas emissions by 2030. The more than 5,900 Walmart suppliers that now participate in the Project Gigaton consortium have delivered on that promise today, six years ahead of schedule.
Inside Retail
APRIL 23, 2024
Heinemann Australia has been renamed Heinemann Oceania, reflecting the duty-free and travel retailer’s entry into the New Zealand market. Heinemann Oceania will be directed by George Tsoukalas, the former MD of Heinemann Australia, who is based in Sydney. Heinemann Oceania will oversee the worldwide travel retailer’s operations and commercial development in Australia, New Zealand, and the Pacific, as well as build a regional strategy for Oceania and “capitalise on natural syn
Retail TouchPoints
APRIL 23, 2024
There’s size XL, XXL and even XXXL, but there aren’t enough “X’s” for these Levi Strauss & Co. 501 Jeans that measure 12 feet tall — nearly 5X larger than the average pair. The oversized denim will be on display in five malls around the country through May 20, and members of Levi’s Red Tab loyalty program who show a picture of themselves with the jeans can get 40% off a pair of regular price (and regular size) jeans.
Inside Retail
APRIL 23, 2024
Hard Yakka and Thrills have teamed up to launch a new standalone brand, Hard Yakka Create. The brand’s first collection comprises 32 wardrobe items and six accessories, which the brands say deliver both essential staples and fashion-forward pieces to fit any style. Hard Yakka Create combines Hard Yakka’s history and Thrills’ modern streetwear edge.
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Retail TouchPoints
APRIL 23, 2024
UK-based sports retailer JD Sports Fashion has agreed to acquire athletic fashion retailer Hibbett for $87.50 per share, representing an aggregate value of approximately $1.1 billion , in a deal unanimously approved by the Hibbett board. JD Sports entered the U.S. in 2018, when it acquired Finish Line for $558 million. This latest acquisition will add 1,169 Hibbett , City Gear and Sports Additions stores operating across 36 states to JD Sports’ roster of more than 3,400 stores in the UK, Europ
Retail Focus
APRIL 23, 2024
Sensormatic Solutions , the global retail solutions portfolio of Johnson Controls , today showcases a new, sustainable Acousto-Magnetic (AM) label designed to protect merchandise and the planet: the Sustainable SPX AM Label. With the new patent-pending label, the organisation replaced previous polystyrene with renewable, Forest Stewardship Council (FSC TM )-certified material, ultimately helping retailers with their sustainability objectives while safeguarding against shrink. “ Responsible reta
Retail TouchPoints
APRIL 23, 2024
Saying that Tapestry ’s planned purchase of Capri Holdings would eliminate head-to-head competition in the “accessible luxury” handbag market, the Federal Trade Commission (FTC) has authorized a lawsuit to block the $8.5 billion deal. The acquisition plan, announced in August 2023 , would bring together some of the most iconic names in luxury, uniting Tapestry’s Coach, Stuart Weitzman and Kate Spade brands with Capri’s Versace, Jimmy Choo and Michael Kors labels.
Inside Retail
APRIL 23, 2024
I was born in the late 1970s. When I was a kid, the term ‘kiosk’ meant a building at the beach where we would go and buy ice creams and bags of candy with our loose change. The drive-through at McDonald’s was a novelty and the quickest way to get fast food. Whenever you walked into a store or up to a counter, you were served by a human. The closest we got to self-service was the salad and dessert bar at Pizza Hut – an absolute novelty.
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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.
Retail Wire
APRIL 23, 2024
The FTC is opposing the $8.5 billion merger between Tapestry and Capri, the parent companies behind brands like Coach, Kate Spade, Michael Kors, and Versace. This move is unusual for the FTC, which rarely steps in on fashion industry deals due to its competitive nature.
Retail Times
APRIL 23, 2024
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Co-op is the first UK retailer to announce it is moving to 100% British Strawberries across its entire own brand range – hitting shelves two weeks ahead of last year and just in time for St George’s Day. From 23rd April, the leading convenience retailer will exclusively offer only British fresh strawberries across its offering […] If you want
Retail Wire
APRIL 23, 2024
JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK's largest sportswear retailer grow in the southeastern United States.
Retail Gazette
APRIL 23, 2024
Carpetright has been unable to trade online or in-store for almost a week following a cyber attack. Hackers targeted the flooring specialist’s head office in Purfleet, in Essex, last week by sending malware to gain unauthorised access. Staff told The Times that customers had been unable to place orders on its website or at any of its 400 shops since last Thursday when systems were taken down.
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.
Retail Wire
APRIL 23, 2024
Rivian is offering customers with gas-powered Ford and Toyota SUVs and trucks discounts of up to $5,000 on its EVs, along with a year of complimentary charging.
Retail Gazette
APRIL 23, 2024
Primark is expanding its click-and-collect service to all British stores by the end of 2025 as its first half profits surge. Pre-tax profit across owner Associated British Foods surged 37% to £881m while the fashion retailer experienced a “significant increase” in adjusted operating profit, up 46% to £508m. Primark’s sales jumped 7.5% to £4.5bn in the 24 weeks to 2 March, as like-for-like sales edged up 2.1%.
Retail Wire
APRIL 23, 2024
Following significant price cuts in the U.S., Tesla has revealed that similar reductions will be applied in China and Germany as well.
Retail Gazette
APRIL 23, 2024
John Lewis executive finance director Bérangère Michel has resigned from the Partnership after 16 years. Michel will step down from her post in the autumn after deciding “to pursue her future career options outside of the partnership”. Her departure is the first major change to John Lewis Partnership’s executive team since former Tesco boss Jason Tarry was named as chair Dame Sharon White’s successor.
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Retail Wire
APRIL 23, 2024
Ground has been broken for a new high-speed rail line connecting Las Vegas to Southern California.
Hyken
APRIL 23, 2024
I was talking to a friend the other day. He purchased an expensive new car just eight months ago. Unfortunately, the car turned out to be a “lemon,” and he has taken it back to the dealer multiple times for various problems. The car has spent more time at the repair center than in his garage. If it were me, I’d ask the dealer to replace the car. Apparently, he has more patience than I do and was giving the dealer another chance to fix the car.
Retail Wire
APRIL 23, 2024
Toyota has unveiled the 2024 Tacoma Hybrid, and it's making waves in the midsize pickup segment.
Retail Gazette
APRIL 23, 2024
JD Sports has unveiled its biggest store to date as it reopens its flagship in London’s Westfield Stratford City. The sports retailer has given its unit in the shopping centre a “digital uplift” and extended its retail floor by 4,000sq ft, taking its total space to 27,915 sq ft. JD Sports says the store, which now sits across two floors, promises to deliver “a seamless and immersive shopping experience”.
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 Wire
APRIL 23, 2024
This new location will allow for quicker, same-day delivery.
Retail Gazette
APRIL 23, 2024
Asda chief financial officer Michael Gleeson has dismissed reports that its owners are looking to sell the supermarket. Gleeson told The Times that the grocer’s billionaire owners the Issa brothers and private equity firm TDR Capital had a track record “of growth and investing for the long run”. He said: “They don’t tend to be in and out of companies — they hold their positions in companies for significant periods of time.
Retail Wire
APRIL 23, 2024
Kroger and Albertsons are selling more of their stores to address concerns about their merger.
Retail Gazette
APRIL 23, 2024
Getir shareholders are set to pump more money into the grocery business to cover its withdrawal from the UK and Europe. Investors at the Turkish company have drawn up provisional plans to inject tens of millions of pounds extra into Getir during the coming weeks, according to Sky News. Sources close to the situation claimed leading investors including Mubadala, Sequoia Capital and Tiger Global were believed to have agreed to the new funding plan during recent days.
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