Inside Retail

OCTOBER 31, 2023

The barometer of a brand’s yearly success heavily depends on fourth-quarter performance. Around 40 per cent of total order volume for the year occurs in Q4. Nine in 10 of the best-selling days for e-commerce retailers come in the same quarter. And one-third of all retail sales happen during the holiday season. With so much riding on this part of the year, businesses need to be well-equipped to handle spikes in traffic and order volumes.

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Promotions Planning 242

Retail TouchPoints

OCTOBER 31, 2023

Good store designers know to put themselves in their customer’s shoes. Now that American retailers are shuttering stores and losing billions of dollars because of shrink, it is time for a sharper focus on the “journey” of another group entirely — retail criminals. Sadly, in addition to imagining how people will shop the store, designers need to think harder about how they might steal from it, too.

Loss Prevention 297

Loss Prevention Sporting Goods Customer Experience Store Layout 297

Retail Wire

OCTOBER 31, 2023

OpenAI, a leading innovator in artificial intelligence, has announced a significant upgrade to its ChatGPT Plus.

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Retail TouchPoints

OCTOBER 31, 2023

Those who said work-from-home was here to stay might be surprised to learn that we are witnessing a shift back to the office, with many organizations small and large instituting mandates for at least a partial return to office for the majority of their employees. The return to office (RTO) mandate is already strong in Europe and Asia and continues to grow in the U.S., where almost half of workers are back in the office full-time, and two-thirds of employers are asking employees to come back to t

Clienteling 279

Clienteling Returns Fashion Apparel 279

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Customer Experience

Retail Wire

OCTOBER 31, 2023

Consumers have been taking the pronunciation of "Reese's" for granted, and most might be saying it wrong.

Consumer 264

Consumer 264

Retail TouchPoints

OCTOBER 31, 2023

This is Part 2 of The Holiday Readiness Series, which will feature tactical tips and takeaways from experts that retailers can still apply to rev up their sales results. Looking for even more data and insights to power your approach? Check out Part 1, which focused on improving CX. Last year, holiday sales grew a modest 5.3% over 2021, according to the National Retail Federation.

Employee Engagement 279

Employee Engagement Store Operations Consumer Management 279

Retail TouchPoints

OCTOBER 31, 2023

Some of Disney’s most beloved characters will be spreading holiday cheer in Los Angeles this November at the “Mickey & Friends Holiday Village” pop-up and seasonal marketplace. Inspired by the legendary mouse and his famous friends, the pop-up will feature products from more than 70 noteworthy collections, with brand partners like Baublebar , Forever 21 , Loungefly , shopDisney and Stoney Clover Lane.

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Consumer Visual Merchandising Shopping ATS 264

Inside Retail

OCTOBER 31, 2023

In 2020, Australian teen fashion brand Pavement joined a large list of retailers that entered voluntary administration, citing the Covid-19 pandemic as a major factor contributing to their exit from the retail landscape. However, last month Designworks, the wholesale arm of Brand Collective, a leading house of lifestyle brands in Australia, announced that it was relaunching Pavement in the marketplace through the discount department store Big W.

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Fashion Department Stores Wholesale Consumer 263

Retail TouchPoints

OCTOBER 31, 2023

Competitors The Home Depot and Lowe’s are both zeroing in on the same high-value target as the pandemic-driven home improvement boom slows — professional contractors, builders and tradespeople. The Home Depot has made a number of executive moves to better “align the organization” around this consumer set, which the company describes as its “largest growth opportunity,” and Lowe’s is bringing back its “Pro-vember” savings event to help home improvement professionals “restock and recharge for the

Promotions 264

Promotions Returns Consumer Marketing 264

Inside Retail

OCTOBER 31, 2023

Vicinity Centres has acquired the remaining 49 per cent interest of Chatswood Chase Sydney for $307 million. Located about 9km north of the Sydney CBD, Chatswood Chase is a major regional shopping centre with an average household income 32 per cent above the city average. Peter Huddle, Vicinity’s CEO and MD, described the venue as an “iconic asset with strong growth potential” and a key pillar of the group’s strategy.

Shopping 263

Shopping Location Planning Management 263

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Retail TouchPoints

OCTOBER 31, 2023

Price Chopper/Market 32 has expanded its partnership with fresh grocery platform Invafresh , which already helps the 131-store supermarket chain prevent 20 tons of food from being wasted each week. By integrating in-store production data with the solution provider’s Fresh Retail Platform, Invafresh helps Price Chopper/Market 32 forecast more intelligently and accurately as well as manage replenishment, production and inventory.

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Supermarket Marketing Management Shopping 264

Retail Wire

OCTOBER 31, 2023

U.S. consumer confidence experienced a modest decline in October, according to recent reports.

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Consumer 173

Retail TouchPoints

OCTOBER 31, 2023

Digital fast fashion retailer Shein has acquired UK women’s retailer Missguided from Frasers Group. Frasers Group acquired Missguided just a little over one year ago after the brand entered administration, the UK version of bankruptcy. Missguided has been under pressure for several years, first falling into financial difficulties in late 2021 when it was saved by an investment from private equity firm Alteri.

Fast Fashion 264

Fast Fashion Fashion Apparel Planning 264

Retail Wire

OCTOBER 31, 2023

Samsung Electronics has reported robust earnings for the third quarter of 2023.

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Customer Experience

Retail TouchPoints

OCTOBER 31, 2023

This week, Walmart is spotlighting its $500 million+ investment in store remodels with 117 simultaneous ‘re-grand openings’ in 30 states. The upgraded stores feature more customer-centric pharmacies and vision centers, new “activated corners” where customers can interact with products and digital touch points throughout the store to provide shoppers with additional information.

Shopping 147

Shopping Location Visual Merchandising Store Operations 147

Retail Wire

OCTOBER 31, 2023

Check out these Halloween food deals for all treats and no tricks.

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Retail Focus

OCTOBER 31, 2023

Following the resounding success of NEOM’s pop-up space in Bicester Village over the past 12 months, the brand has announced its opening of the permanent Wellbeing Hub in Bicester. Zebra, leading retail designers, have worked meticulously with Jungle Fit-out Collectiv[link] to create a space that embodies NEOM’s ethos of sustainability and holistic wellness.

Store Layout 147

Store Layout Customer Experience Shopping Location 147

Retail Wire

OCTOBER 31, 2023

Despite the general pessimism about the luxury sector, Hermès outperformed analysts' forecasts.

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Marketing

Retail Focus

OCTOBER 31, 2023

Get out your shopping bags and mark your calendars because MINISO is landing on London’s most famous shopping street. Located on 100 Oxford Street, MINISO is opening its doors to the public on Friday, 10th November at 12 pm Spanning an impressive 2,700 square feet, MINISO’s Oxford Street flagship store stands as the brand’s largest retail space in the UK to date.

Accessories 147

Accessories Location Shopping ATS 147

Retail Wire

OCTOBER 31, 2023

Watch out for Red Dye No. 3 in your Halloween candy this year.

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Retail Times

OCTOBER 31, 2023

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Data published today by The Food Foundation shows that the price of a healthy packed lunch has increased in four out of five major retailers since August, with costs increasing by up to 5% in just two months.

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Supermarket Returns 133

Retail Wire

OCTOBER 31, 2023

Could this be a step in the right direction for Vans?

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Customer Experience

Retail Dive

OCTOBER 31, 2023

Brands such as Titan Casket are trying to disrupt an industry dominated by legacy manufacturers who sell through funeral homes. Could updates to a key federal rule help encourage competition and better inform consumers?

Consumer 132

Consumer 132

Inside Retail

OCTOBER 31, 2023

Prada Group enjoyed higher net revenue in the first nine months of FY23 with Miu Miu delivering outstanding results, attributed to growing brand awareness and increasingly strong client relationships worldwide. The luxury retailer saw net revenue rise 17 per cent year over year to US$3.53 billion in the nine months ended September 30. Retail sales of Prada brand jumped 13 per cent, while Miu Miu surged 49 per cent. “In the third quarter, Prada remained on a sound growth trajectory, driven

Wholesale 130

Wholesale Marketing ATS Accessories 130

Retail Dive

OCTOBER 31, 2023

The big-box retailer will devote more than $9 billion over two years to modernize over 1,400 stores across the U.S.

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Inside Retail

OCTOBER 31, 2023

The beauty industry has long been a domain where premium and affordable brands coexist, each catering to different customer segments. However, recent research from Mintel suggests that in the US, there is a subtle and evolving perception of value among beauty consumers. This shift in consumer preferences is not only affecting the industry’s dynamic but also has implications for mental health and gender inclusivity.

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Beauty and Health Consumer Retailing Pricing Marketing 130

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Marketing

Retail Dive

OCTOBER 31, 2023

CEO David Simon said the mall REIT will continue to monetize its retailer holdings due to their volatility.

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Inside Retail

OCTOBER 31, 2023

Pop Up Grocer is taking the standard grocery store or bodega concept and turning it on its head. The retailer offers a variety of food and lifestyle goods and features an impressive assortment of LGBTQIA+, BIPOC, and women-owned brands. After launching a number of pop-ups across the country, it opened its first permanent bricks-and-mortar store in Greenwich Village, one of New York City’s trendiest neighbourhoods, earlier this year.

Grocer 130

Grocer Point of Sale Location Marketing 130

Retail Customer Experience

OCTOBER 31, 2023

Eighty-eight percent of Gen Zers globally think AI can improve online shopping. The shopping demographic holds $143 billion in purchase power so delivering what the Gen Z shopper wants is critical for retailers.

Shopping 124

Shopping 124

Inside Retail

OCTOBER 31, 2023

South Korean luxury eyewear brand Gentle Monster has entered the Australian domestic market with its first store opened inside David Jones’ Elizabeth Street, Sydney site. Gentle Monster David Jones features the brand’s signature kinetic art installation ‘Giant Head’, allowing visitors to “experience mysterious emotions through its indecipherable facial expressions which seem to penetrate the essence of the viewer”.

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ATS Fashion Marketing Planning 130

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Wholesale