Retail Wire
MARCH 28, 2024
Over the last few years, inflation has caused prices to creep up and impact pretty much everything. However, Costco is still keeping the price of its hot dog-soda deal where it is.
Retail TouchPoints
MARCH 28, 2024
Recent reports show that traffic delays cost U.S. drivers an average of 51 hours of lost time in 2022, and that number is on the rise — in 2021, the average was 36 hours. For the typical commuter, those lost hours can be frustrating. They extend the workday and increase fuel expenses. In fact, some studies have even found that traffic takes a toll on drivers’ health by increasing stress levels.
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Retail Wire
MARCH 28, 2024
Subaru is recalling 118,000 SUVs and sedans in the United States due to a faulty sensor that might hinder air bag deployment during a crash, as per the National Highway Traffic Safety Administration (NHTSA) announcement on Wednesday.
Inside Retail
MARCH 28, 2024
Fashion and lifestyle platform The Iconic has unveiled its 2023 People Planet Positive Progress Year In Review, which covers the start of its route to BCorp certification. Launched in 2021, The Iconic’s People Planet Positive strategy has seen the fashion and lifestyle platform enhance its commitment to sustainability, diversity, and responsibility.
Advertiser: ZoomInfo
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
Retail Wire
MARCH 28, 2024
Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company's unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory "meal credit" deductions from their paychecks, along with better wages and improved working conditions.
Retail TouchPoints
MARCH 28, 2024
Pacsun is partnering with hip-hop artist Slick Rick to celebrate the one-year anniversary of its Los Angeles Tycoon experience on Roblox. Over the past year the experience has garnered 60,000 monthly active users and 11 million visits overall. For the collaboration, users can interact with a 3D non-player character (NPC) digital avatar of Slick Rick within the Los Angeles Tycoon experience to earn exclusive digital items and rewards inspired by the rapper’s iconic accessories.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
MARCH 28, 2024
The Home Depot is acquiring building products distributor SRS Distribution for $18.25 billion in a bid to accelerate the growth of its pro offerings. The deal, which is expected to close by the end of the retailer’s fiscal 2024 in late January 2025, is subject to customer closing conditions and will be funded through a combination of cash and debt. SRS serves several verticals of residential and commercial professionals, including roofers, landscapers and pool contractors.
Retail Wire
MARCH 28, 2024
GameStop has recently undergone job cuts due to a notable decline in sales, as announced amid its latest financial report.
Retail TouchPoints
MARCH 28, 2024
Since launching its retail media network, RedMedia , in September 2023, Hy-Vee has been focused on building out its media offerings and capabilities. Now, to support this long-term growth vision, the grocery retailer has hired a new EVP and Chief Marketing Officer (CMO), who also will act as President of RedMedia. Jessica Hendrix will begin her tenure on April 16, reporting directly to Hy-Vee President Donna Tweeten.
Retail Dive
MARCH 28, 2024
The move to buy SRS Distribution will help the home improvement company lean in to its plan to boost business with its pro customers.
Speaker: Becky Parisotto and John Vurdelja
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
Retail TouchPoints
MARCH 28, 2024
After nearly 20 years of litigation, Visa and Mastercard have reached a settlement with U.S. merchants worth an estimated $30 billion that will lower the interchange fees (commonly referred to as swipe fees) that merchants are charged when customers use credit or debit cards. The antitrust settlement is one of the largest in U.S. history, according to Reuters , and if it receives court approval it would resolve most of the ongoing claims against Visa and Mastercard, which began in 2005.
Retail Wire
MARCH 28, 2024
In an agreement reached with the EPA and environmental groups, the last two coal plants in New Hampshire will cease operations in 2025 and 2028, respectively.
Retail Gazette
MARCH 28, 2024
Japanese retailer Muji has filed for administration with a pre-pack deal understood to be in the offing. The retailer’s UK stores – which include six in London and one in Birmingham – are expected to be retained when the firm’s European holding company undergoes a pre-pack administration. Muji told TheBusinessDesk.com : “This is part of a planned strategic restructuring of the business and Muji’s management expect to conclude a deal shortly.
Retail Wire
MARCH 28, 2024
Home Depot recently announced its acquisition of SRS Distribution for a whopping $18.25 billion. This hefty investment marks the company's boldest stride yet to seize a larger share of the professional market, particularly targeting contractors and roofers.
Advertiser: ZoomInfo
In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.
Shopping Center
MARCH 28, 2024
Katy, Texas — Sporting goods retailer Academy Sports + Outdoors has announced plans to open 160 to 180 new stores over the next five years. Half of the new stores are… The post Academy Sports + Outdoors Plans to Expand by 160 to 180 Stores Over Next Five Years appeared first on Shopping Center Business.
Retail Wire
MARCH 28, 2024
H&M revealed a stronger-than-expected first-quarter performance, triggering a significant surge in its shares by 13%.
Retail Gazette
MARCH 28, 2024
Wilko has launched wilkohire – what it described as “the ultimate tool and equipment hire service”, in a bid to make quick fixes and big renovations accessible to all. The service, operated in partnership with easyToolhire, means customers can hire everything they need for their jobs, from gardening and landscaping, to cleaning, drilling, painting and decorating – whatever the scale and size.
Retail Wire
MARCH 28, 2024
Databricks invested around $10 million and two months in training to launch its latest generative AI model, DBRX, which it claims outperforms all other open-source models.
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Retail Gazette
MARCH 28, 2024
Superdry founder Julian Dunkerton will not make an offer for the retailer despite attempting to raise funds for a take-private deal. However, the fashion chain remains in discussions with Dunkerton regarding alternative structures, including a possible equity raise fully underwritten by the Superdry founder, which it said would provide additional liquidity headroom for its turnaround plan.
Retail Dive
MARCH 28, 2024
The e-commerce giant, which has long faced scrutiny over counterfeits, said it invested more than $1 billion into fighting fakes last year.
Retail Gazette
MARCH 28, 2024
Boots has seen its second-quarter sales rise 5.9% – on top of a 16% increase in the same quarter the prior year – thanks to strong online trading and an “excellent” Christmas. In the three months to 29 February, footfall at the health and beauty giant was up both in-store and online as it claimed to have grown its market share for the 12th consecutive quarter.
Retail Dive
MARCH 28, 2024
At launch, the collection includes five fragrances and will be available on the brand’s website, stores and through its team of independent sellers.
Advertiser: ZoomInfo
As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.
Retail Gazette
MARCH 28, 2024
JD Sports has maintained its full-year profit guidance as it made “good strategic progress” despite the market “remaining challenging”. Total sales for the sports giant edged up 3.6% to £10.5bn in the 53 weeks to 3 February, with like-for-likes up 4.2% and organic sales jumping 8.4%. The retailer, which is dubbed the ‘King of Trainers’, reaffirmed the £915m to £935m adjusted pre-tax profit range that it guided at the start of the year, after lowering from its initial £1.04bn target.
Retail Dive
MARCH 28, 2024
Businesses face new ethical questions and must act with more transparency in what corporate integrity expert Alison Taylor calls a turbulent world.
Intelligence Node
MARCH 28, 2024
In the dynamic world of online retail, the concept of the “digital shelf” has emerged as a pivotal battleground for brands vying for consumer attention & eCommerce success. The digital. The post Driving Growth: Intelligence Node’s Accurate Digital Shelf Analytics appeared first on Blog.
Shopping Center
MARCH 28, 2024
Arlington, Texas — Trademark Property Co. will redevelop Lincoln Square, a 45-acre shopping center located in Arlington, roughly 14 miles outside Fort Worth. Trademark plans to reposition the property as a… The post Trademark to Redevelop 45-Acre Lincoln Square in Dallas-Fort Worth Metro appeared first on Shopping Center Business.
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Retail Wire
MARCH 28, 2024
Bagged milk, a long-standing staple at Kwik Trip, will soon disappear from its shelves.
Shopping Center
MARCH 28, 2024
Dahlonega, Ga. — Marcus & Millichap has brokered the $4.4 million sale of Goldmine Village, a 28,000-square-foot retail center located in Dahlonega. Walmart anchors the property, which was fully occupied at… The post Marcus & Millichap Brokers $4.4 Million Sale of Retail Center in Dahlonega, Georgia appeared first on Shopping Center Business.
Retail Gazette
MARCH 28, 2024
Asda has issued an apology as some staff are still left waiting for their pay to be corrected after thousands of hourly workers were hit by a payroll glitch last week. Workers complained to Retail Gazette that despite the issue being identified last week, they were still out-of-pocket, with some unable to pay their bills. One employee said yesterday: “6 days in and my pay has still not be sorted it’s a disgrace!
Kuusoft
MARCH 28, 2024
Among the many benefits of digital signs is the ability to creatively display various types of content. In… The post 10 Content Ideas for Digital Signage appeared first on The Official Kuusoft Blog.
Advertiser: ZoomInfo
Sales and marketing leaders have reached a tipping point when it comes to using intent data — and they’re not looking back. More than half of all B2B marketers are already using intent data to increase sales, and Gartner predicts this figure will grow to 70 percent. The reason is clear: intent can provide you with massive amounts of data that reveal sales opportunities earlier than ever before.
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