Tokinomo
JUNE 27, 2024
Programmatic advertising has revolutionized the media buying landscape, offering unprecedented efficiency and precision. In this beginner's guide, we delve into its impact on media buying and its significance in retail media.
Inside Retail
JUNE 27, 2024
Adore Beauty has agreed to acquire Blue Mountains-based beauty and wellness brand Ikou for $25 million. Ikou has more than 300 products across organic skincare, bath and body, home fragrance, herbal tea and spa lifestyle accessories categories. The brand also claims its products are organic, Australian-made, and cruelty-free. Ikou is profitable and debt-free and forecasts a revenue of $8.1 million and earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $2 million by the e
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Retail Wire
JUNE 27, 2024
The Macy's 4th of July Fireworks Show is an annual tradition.
Inside Retail
JUNE 27, 2024
Lululemon , along with other existing and new investors, has participated in clothing recycler Samsara Eco’s latest US$65 million ($100 million) funding round. Samsara Eco said the investment will scale up its recycling capabilities as it seeks to build more commercial facilities in Southeast Asia in the next few years. The facilities will be designed to recycle millions of tonnes of plastic waste such as textiles and packaging into monomers, the molecular building blocks of plastics, to turn th
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Unlock agility, boost performance, and gain control over your Salesforce frontend with the latest masterclass from Composable.com : Modernizing the Frontend Experience on Salesforce Commerce Cloud Featuring experts from Algolia, Ember, Netlify, and Stripe, this masterclass focuses on practical strategies for optimizing your Salesforce Commerce Cloud storefronts using modern composable commerce integrations.
Retail Wire
JUNE 27, 2024
The eatery was one of only 22 which made the list.
Inside Retail
JUNE 27, 2024
Helly Hansen has opened at Galleria Shopping Plaza on Bourke Street, its first location in Melbourne. The new Melbourne store will showcase the brand’s latest resort ski range – Hod. The collection is designed with the company’s waterproof and weatherproof Helly Tech technology. The store opening follows the opening of a Mosman store in March.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail Wire
JUNE 27, 2024
In response to persistent profitability challenges and eroding margins, Walgreens announced on Thursday its decision to close a substantial number of underperforming stores across the United States. This strategic move is part of a broader multi-year footprint optimization program aimed at enhancing the company's overall efficiency and financial health.
Retail TouchPoints
JUNE 27, 2024
Convenience store retailer Alimentation Couche-Tard will promote current COO Alex Miller to CEO and President, effective Sept. 6, 2024. Miller will replace Brian Hannasch, who will retire from these positions but remain as a special advisor to Miller and Alex Bouchard, Founder and Executive Chairman of the board. The company operates more than 16,700 stores in 31 countries under banners including Couche-Tard and Circle K Alex Miller “Couche-Tard has only had two CEOs during its almost 45 -year h
Retail Wire
JUNE 27, 2024
The cost of food basics is significantly higher this year for BBQ's.
Inside Retail
JUNE 27, 2024
Digital commerce has become increasingly complex, with endlessly diverse customer journeys and pressure on brands to meet rising consumer expectations. Retailers are grappling with ever-multiplying channels, and managing disparate touchpoints while trying to create a seamless, excellent omnichannel experience. The problem with omnichannel commerce, however, is that it often operates in silos and unconnected platforms.
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In a digital-first world, website security is non-negotiable. This comprehensive guide explores the critical importance of securing your site against hackers and vulnerabilities like SQL injection, XSS, and malware. Discover tools like SiteLock for threat monitoring and CodeGuard for seamless backups, ensuring robust protection for your data and operations.
Retail TouchPoints
JUNE 27, 2024
Elton John, known for his memorable fashion choices, is donating hundreds of items from his closet for an Ebay “ Rocket Man Resale ” auction, with all profits benefiting the Elton John AIDS Foundation. Bespoke Gucci jackets, Versace robes and customized Prada loafers will be featured along with affordable items like concert T-shirts and baseball caps in the 10 -day online auction that kicked off today.
Inside Retail
JUNE 27, 2024
Levi Strauss & Co reported income of $18 million for the second quarter – a significant turnaround from the previous year’s $2 million loss – amid better performance in the Americas. The company reported $1.4 billion in sales for the three months to May 26, up 8 per cent on a reported basis and 9 per cent on a constant currency basis. In the Americas, revenue surged 17 per cent to $712 million, however sales were down by 2 per cent in Europe at $354 million.
Retail TouchPoints
JUNE 27, 2024
In its latest move to combat the growth of discount Chinese shopping apps Temu and Shein , Amazon is reportedly planning to add its own China-direct section, according to The Information. Citing slides shown to Chinese sellers in a recent “closed-door meeting,” The Information reports that Amazon plans to launch a special section on its site featuring low-price unbranded items that ship directly from Chinese warehouses.
Retail Wire
JUNE 27, 2024
Since Meta introduced its short-form video feature Reels on Instagram in 2020, it has been in a fierce battle with TikTok for users' engagement. However, two recent studies indicate that Reels are gaining traction and capturing the spotlight among social media enthusiasts.
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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.
Retail TouchPoints
JUNE 27, 2024
OMNI Retail Enterprises , which operates digital storefronts for brands including Pier 1 Imports, Dress Barn, Bodybuilding.com and Mentorbox.com , has named retail industry veteran Sharon Leite as its CEO. The former Vitamin Shoppe leader will be tasked with revitalizing the company’s retail, educational, health and wellness brands. Sharon Leite “OMNI’s brands are trusted by millions of consumers and have an incredible legacy,” said Leite in a statement.
Inside Retail
JUNE 27, 2024
The mall concept as we know it began in 1956 with the opening of the Southdale Center in Edina, Minnesota. The multi-store shopping centre steadily grew in popularity in the US, hitting peak popularity in the 1980s. However, in the past two decades, the American mall has been standing on shaky ground due to factors like the 2008 recession and, more recently, the butterfly effect of the Covid-19 pandemic.
Retail Wire
JUNE 27, 2024
The Visa and Mastercard swipe fee lawsuit is due to customers complaining about being overcharged.
Inside Retail
JUNE 27, 2024
Shein has confirmed it will push through with a three-day pop-up in Perth, weeks after the fashion retailer announced the cancellation of the original event. The pop-up will open at Centenary Pavilion at Claremont Showground from July 5 to July 7. The pop-up will showcase Shein’s latest collections, including its autumn-winter apparel and accessories.
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Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.
Retail Wire
JUNE 27, 2024
In celebration of National Ice Cream Day on July 21, NESCAFÉ, the world’s leading coffee producer, is offering espresso enthusiasts a unique chance to win a limited-edition NESCAFÉ® Affogato Kit. This exciting initiative draws inspiration from the recent TikTok affogato trend, which has garnered over 400 million views and nearly 24,000 videos. The classic Italian dessert, featuring a shot of hot espresso poured over vanilla gelato or ice cream, has captivated social media users with its simplici
Inside Retail
JUNE 27, 2024
Oakberry has quickly become synonymous with açaí in Australia. Renan Fretes Pinto, the CEO of the Australian, New Zealand, Indonesian and Pacific Island operations has led the charge in securing this market share. Now Oakberry has almost 50 locations in Australia after Fretes Pinto brought the Brazilian business to Bondi in 2018, starting with just one store that the team physically helped construct themselves to tackle a tight budget.
Retail Wire
JUNE 27, 2024
In a strategic move to bolster its portfolio, CVC Capital Partners Plc has announced its agreement to acquire UK-based infrastructure contractor M Group Services. This acquisition, expected to finalize in the third quarter of this year, represents another significant investment for the private equity firm. While the official statement did not reveal financial specifics, sources indicate that the deal values M Group at just over £1 billion ($1.3 billion).
Tokinomo
JUNE 27, 2024
In today's digital age, the retail industry is undergoing a significant transformation. Connected retail, also known as omnichannel retail, is revolutionizing the way people shop. With the integration of technology and seamless customer experiences, connected retail is redefining the traditional brick-and-mortar shopping experience. Let's delve into the concept of connected retail and understand its evolution in the digital era.
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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
JUNE 27, 2024
Samsara, a leader in transportation and manufacturing solutions, introduced its latest innovation, the Asset Tag, at its annual user conference, Beyond. This new product aims to significantly enhance real-time visibility and management of industry equipment and tooling, addressing critical issues like loss, theft, and operational disruptions. Currently, the Asset Tag is available to customers across North America and Europe, offering a powerful tool for businesses seeking to enhance their asset
Retail Dive
JUNE 27, 2024
The iconic jeans maker is responding to demand for looser fits and non-denim categories and plans to expand its global footprint by 70 new stores.
Retail Gazette
JUNE 27, 2024
Boots’ US owner has shelved plans for a multibillion-pound sale for the second time. Walgreens, which has owned the health and beauty giant since 2014, abandoned plans as it cut its profit outlook and announced plans to close up to 700 US stores, as its share price fell to its lowest level since 1997. Boots however, was a standout performer for the business, as sales at retailer rose 6%, on top of a 13% increase in the prior year quarter.
Retail Dive
JUNE 27, 2024
As the company reaches a financial milestone, it is reportedly developing a budget marketplace to compete with Temu and Shein.
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Your website can be more than just a digital presence—it can be a thriving profit center. Discover proven strategies to monetize your website, whether you sell physical products, digital downloads, or services. Learn the importance of user-friendly design, high-quality content, and tailored marketing to meet audience needs and boost engagement. Explore options like e-commerce, affiliate marketing, and subscriptions, and use analytics to optimize for success.
Retail Customer Experience
JUNE 27, 2024
JCPenney CIO Sharmeelee Bala shares insight on how the retailer's $1 billion reinvestment is all about enhancing the retail customer experience and how it's using AI to create more efficiencies.
Retail Dive
JUNE 27, 2024
While shoppers are trading down in categories like electronics and apparel, they’re continuing to buy luxury goods like fragrances and lipsticks, Adobe Analytics found.
Retail Gazette
JUNE 27, 2024
Boots has delivered a thirteenth consecutive quarter of market share growth with both retail and pharmacy sales up in the three months ended 31 May 2024. Retail sales at the health and beauty giant were up by 6%, on top of a 13% increase in the prior year quarter. It said “digital sales continue to grow rapidly” up 13.8%, on top of 25% growth in the year ago quarter, as investment in the Boots App “resulted in more customers choosing to shop personalised offers” via their
Retail Dive
JUNE 27, 2024
The company is reviewing about 25% of its 8,700 domestic stores, with profitability and level of shrink factoring into which locations stay open.
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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
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