Thu.Aug 01, 2024

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Family Dollar Seeks to Optimize Customer-Centric Assortments

Retail TouchPoints

Family Dollar has partnered with First Insight to refine its merchandise assortment strategy using the solution’s predictive analytics and actionable data. The deployment is designed to reduce the risk of markdowns and stock shortages while also limiting the impact of underperforming products. “Listening to our customer and inspiring her with everyday essentials and must-have items of the season is at the core of everything we do,” said Bonita Price, SVP of Merchandising at Family Dollar in a st

Markdowns 264
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UNIQLO Continues Expansion Plans With Canada

Retail Wire

In continuation with their recently developed plans, UNIQLO is expanding its presence in Canada with the opening of four new stores this fall, located in Toronto, Mississauga, Brampton, and Langley.

Planning 263
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Mercari Connects U.S. Marketplace to Sellers in Japan, Opens First Store in LA

Retail TouchPoints

Peer-to-peer resale marketplace Mercari has opened its U.S. platform to sellers from Japan and also has opened its first-ever physical store, on Melrose Avenue in Los Angeles. The Mercari on Melrose store offers an engaging resale and community experience where shoppers can discover a variety of unique fashion items available on Mercari.com, including a curated collection of products from Japan that will be on display throughout the month of August.

Shipping 264
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The future of beauty packaging: sustainable, high-tech and customised

Inside Retail

Fact: I unashamedly judge a book by its cover. It’s a thing. This is why I jumped at the chance to interview Juan Campderá Lozano, the founding partner and CEO of Aktiva Brand Experience Design; a leading European creative agency in branding, packaging, and communication for the premium sector. Lozano is a regular commentator on packaging design specific to the beauty industry.

Consumer 261
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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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Walmart Realm Debuts Gamified Virtual Dorm Rooms

Retail TouchPoints

Walmart Realm , the virtual experience that the retailer introduced in May 2024 , has expanded into dorm room decoration just in time for the back-to-school season. College students can explore and shop five virtual immersive dorm rooms inspired by social trends and curated by popular digital creators. Each dorm contains a mini-game, native social content from Walmart creators and hidden surprises.

Shopping 260
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AI Dominates the Conversation During Meta’s Q2 Earnings Call

Retail Wire

Meta's CEO Mark Zuckerberg announced the company's latest AI ambitions during the Q2 earnings call on Wednesday.

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More Trending

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McDonald’s Rolls Out Largest Burger Ever, Clocking in at More Than 1,000 Calories

Retail Wire

The jumbo-sized McDonald's burger is the chain's latest attempt to boost sales.

ATS 288
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Peter Alexander opens its largest SA store yet

Inside Retail

Peter Alexander has opened its largest store in SA at Harbour Town Premium Outlets in Adelaide. The sleepwear designer brand said it moved to the larger 412sqm site to meet an overwhelming demand for its products. “It has come as no surprise that sales for Peter Alexander doubled on the opening weekend compared to its previous store location at the centre, during the same period last year,” said Kylie Neal, centre manager at Harbour Town Premium Outlets Adelaide.

Location 147
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Domino’s Pizza CEO Slams Competition’s ‘Value Meals,’ but Is He Right?

Retail Wire

Domino's CEO may have a point about the value meal claims.

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As it marks 100 years, Ace Hardware’s VP of new business looks to the future

Inside Retail

In an age of online shopping and social , it is not often to see a bricks-and-mortar change last, let alone thrive. However, one legacy hardware supplier just hit its 100-year-anniversay mark and is showing no signs of slowing down. Inside Retail connected with Jason Hipskind, vice president of new business at Ace Hardware, to learn more about how the brand has survived to reach its centennial anniversary and the company’s plans to keep the momentum going strong.

Location 130
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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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Kohl’s Reveals Its First Babies“R”Us Sections

Retail Wire

Kohl’s has revealed a first look at its new Babies“R”Us sections coming to 200 total stores by this fall.

ATS 222
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Decathlon Hong Kong is offering lifetime returns. Here’s why it makes sense

Inside Retail

In Hong Kong, sports goods retailer Decathlon is offering members of its customer loyalty program free lifetime returns – and the numbers suggest the bold risk is paying off. The policy was decided on by Decathlon’s senior Hong Kong management as something special to the market, very much an outlier for the group internationally. In most markets around the world, the French headquartered retail giant mandates a year limit for returning goods, but in Hong Kong, the retailer sees the policy as a k

Returns 130
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Albertsons and Instacart Expand Delivery Services

Retail Wire

To further improve their competitiveness, Instacart and Albertsons Companies have expanded their partnership, launching new services across the U.S.

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Kontoor Brands continues to raise outlook as sales decline softens

Inside Retail

Kontoor Brands, parent of apparel labels Wrangler and Lee, has again raised its full-year guidance after reporting “better-than-expected” results for the second quarter. The company’s revenue outlook remains in the range of US$2.57 to $2.63 billion, but adjusted operating income is now expected to be at the higher end of the $377 to $387 million range, representing an increase of 10-11 per cent.

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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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US Government Likely To Restrict AI Chip Exports to China

Retail Wire

The U.S. Department of Commerce is considering rules that will limit China's access to the most advanced AI chips.

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Ebay books better-than-expected sales, earnings

Inside Retail

E-commerce giant Ebay has posted improvements in sales and earnings for the second quarter, which management said exceeded previous expectations. The company’s revenue for the quarter ended June 30 reached $2.6 billion, up 1 per cent on a reported basis and up 2 per cent on an FX-neutral basis. Gross merchandise volume (GMV) rose 1 per cent on both reported and FX-neutral basis to $18.4 billion.

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Papa Johns Promotes Fromer Wendy’s CEO as New CEO

Retail Wire

Papa Johns has announced the appointment of Todd Penegor as the new company president and CEO, effective immediately.

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Asda co-owner injects £30m to boost staff and customer service amid sales slump

Retail Gazette

Asda co-owner Mohsin Issa is launching a £30m cash injection as the supermarket continues to lose market share. The investment package will be implemented before the end of the year, and will be used to increase staffing hours and improve customer service levels, The Telegraph reported. A spokesman told the title: “We recognise that there are some areas where we can and need to improve, and have set out our plan for colleagues to improve the availability of products in stores, the overall custom

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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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Lawsuit Claims StubHub Tricks Customers Into Overpaying for Tickets

Retail Wire

The suit alleges the company hid the actual cost of event tickets until checkout.

Checkout 147
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Shell ends Waitrose operation at half of sites to bring in other retailers

Retail Gazette

Shell is planning to transfer 14 Little Waitrose petrol station sites to rival retailers, in a move that will impact 227 members of staff, Retail Gazette can reveal. Management informed staff of the change today (1 August), which comes as the operating agreement for the sites has come to an end, and will see partners working at these locations transferred to the new retailers under TUPE.

ATS 110
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CrowdStrike Sued by Shareholders Over Software Outage

Retail Wire

The lawsuit was filed in an Austin, Texas, federal court.

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Asda superstore stike called off for last-minute negotiations

Retail Gazette

Asda workers at the supermarket’s Wisbech store have called off their second strike in six months after agreeing to use the government’s Advisory, Conciliation and Arbitration Service (ACAS). GMB, which represent the workers, said tomorrow’s walk out (2 August) has been postponed as both the union and the grocer have entered into negotiations with ACAS.

Grocer 105
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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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The CX paradigm shift: How AI is powering customer-first experiences

Retail Customer Experience

AI tools should provide accurate results and responses that are aligned with the brand’s policies and practices. Brands need to ensure AI tools offer relevant and useful solutions that will actually resolve customers' inquiries.

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Crocs expects a big end-of-year bounce at HeyDude

Retail Dive

The company said new stores and wholesale deals will boost the struggling DTC brand. Meanwhile its namesake approached $1 billion in Q2 revenue.

Wholesale 118
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Currys expands accessibility trial to London Stores

A1 Retail

Currys continues trial of ‘WelcoMe’ accessibility tool, designed to make in-store shopping easier for customers with disabilities, in 20 London stores. Customers register their specific requirements prior to visiting a local Currys store, which allows colleagues to prepare for, and personalise their visit. London-based Currys customers can benefit from a new tool designed to make shopping easier for customers with disabilities.

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Etsy to launch paid buyer membership program

Retail Dive

Etsy Insider, which comes as Q2 sales rise 3%, includes benefits like free domestic shipping on “millions” of items — at no cost to sellers.

Shipping 111
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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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Retail sales come home as football fever boosts revenue by 35 percent

A1 Retail

New data from eCommerce provider Visualsoft shows just how big the influence of Euro 2024 and football fever has been on the nation’s spending. When looking at sales in the sports, outdoors and recreation sector year-on-year, average revenue per domain increased by 35 percent, driven by a 40 percent rise in orders year-on-year. Average order value (AOV) increased at a smaller rate of five percent in June, before dropping to -10 percent in July (resulting in an average decline of -3.5 percent),

Outdoor 87
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Amazon’s checkout technology is getting an AI upgrade

Retail Dive

Just Walk Out is rolling out an advanced AI model that the company says will make its system more accurate and efficient and less costly to implement.

Checkout 112
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Extraordinary: wegg® showcase featuring Dr. Chris Wachira of the Wachira Group

LS Retail

©2024 Women Entrepreneurs Grow Global. All rights reserved. Women Entrepreneurs Grow Global® conducts a great interview with Dr. Chris Wachira of the Wachira Group, " Uncorking Secrets to Global Success." Dr. Chris gives a good perspective on global leadership while sharing her journey. This is the 3rd edition of the wegg showcase, August, 2024. Powered by: LuxLined™.

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Deliveroo and B&Q partner to deliver DIY products on demand in London

A1 Retail

· Deliveroo and B&Q have partnered to offer over 600 home improvement products for rapid delivery in as little as 25 minutes · DIY products will be available from nine B&Q Local stores in London providing Deliveroo customers with painting, plumbing, electrical, and other decorating products at the touch of a button starting later this month · The new partnership expands the DIY offering on ‘Deliveroo Shopping’ and comes as customer demand for DIY products has grown rapidly on th

Outdoor 83
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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.