Fri.Apr 19, 2024

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Boeing To Introduce Flying Cars in Asia by 2030

Retail Wire

Boeing, the U.S. aircraft manufacturer, has set its sights on introducing flying cars to Asia by 2030.

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‘Fútbol’ Superstar Lionel Messi Set to Score with Lowe’s Loyalty Members

Retail TouchPoints

Lowe’s has partnered with the world’s best-known soccer player, Lionel Messi, and his MLS Club Inter Miami CF , for programs that spotlight Messi’s skills at assisting on the field. Members of both the MyLowe’s Rewards and MVPs Pro Rewards loyalty programs will receive an “assist” in the form of 100 points to bring them closer to their next reward. (Members must claim their points on their account dashboard by May 18.

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As mass-market outshines luxury, L’Oreal sales rise 9.4 per cent

Inside Retail

L’Oreal reported a 9.4 per cent rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China. The French cosmetics giant, which owns the Maybelline and Lancome brands, reported sales of 11.24 billion euros ($11.98 billion) for the first three months to the end of March.

Marketing 278
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Nordstrom Considers Going Private — Again

Retail TouchPoints

Erik and Pete Nordstrom, the CEO and President, respectively, of Nordstrom , want to explore a transaction that would take the company private. In response, the Nordstrom board of directors has authorized the “exploration of possible avenues to enhance shareholder value,” forming a special committee of independent and disinterested directors to evaluate proposals from the Nordstroms as well as potential other parties.

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Modernizing the Frontend Experience on Salesforce Commerce Cloud

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.

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Procter & Gamble Reports Mixed Results After Price Hikes

Retail Wire

Procter & Gamble's recent quarterly results showed a mix of gains and setbacks. Despite facing challenges in attracting shoppers due to increased prices over the past two years, the company managed to exceed earnings expectations.

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Brand Building: A Comprehensive Step-by-Step Guide

Tokinomo

In today's competitive marketplace, building a strong brand is essential for success. A well-defined brand not only helps businesses stand out from the crowd but also creates a sense of trust and loyalty among consumers. In this comprehensive step-by-step guide, we will explore the importance of brand building and provide practical tips on how to establish and grow your brand effectively.

Consumer 264

More Trending

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The Global Reach and Sustainable Impact of Green RFID Technology

Retail TouchPoints

Businesses today are constantly looking for ways to improve their sustainability and reduce their carbon footprint. After all, studies show that consumers care more about the environmental impact of their purchasing decisions than ever before. For example, 60% of customers say they would be willing to pay more for a product with sustainable packaging, so it is paramount that businesses stay with the times and account for these shifting consumer preferences.

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The founder and director of Babyboo on staying true to the brand’s mission

Inside Retail

Inside Retail’s Top 50 People in E-Commerce is an annual ranking of the most impressive and inspiring leaders in Australia’s online retail industry. Our 2024 report features C-level executives with decades of leadership experience, alongside start-up founders and digital specialists with a wide range of skills, from marketing to logistics. You can download it here.

Apparel 246
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The Children’s Place Receives $90 Million Loan from Majority Shareholder

Retail TouchPoints

The Children’s Place will get a $90 million unsecured and subordinated loan from Mithaq Capital SPC , a Saudi Arabia-based venture capital firm that had purchased a majority stake in the company in February 2024. That stock acquisition had automatically put The Children’s Place into default on its existing credit agreements; this new financing will “waive the event of default resulting from the change in control,” according to a company statement.

Finance 264
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Hyundai Joins List of Brands To Halt Advertising on X Due to Antisemitism Concerns

Retail Wire

Hyundai pressed pause on advertising on X following reports that one of its ads appeared next to an antisemitic and pro-Hitler post on the social media platform.

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Website Security Essentials: Protect Your Site and Strengthen Cybersecurity

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.

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Rowan CEO on the Power of People in Creating Joyful Retail Moments

Retail TouchPoints

Louisa Serene Schneider did not set out to be a CEO, let alone a founder. But inspiration struck while she was working for a retail-focused hedge fund and realized the lack of safe piercing options for consumers. This white space became even more obvious to Schneider when she was looking for a safe place to get her young daughter’s ears pierced. “I started thinking about what I wanted her experience to be,” she explained.

Consumer 263
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Trader Joe’s Recalls Organic Basil Product Linked to Salmonella Outbreak

Retail Wire

The company's Infinite Herbs Organic Basil product is recalled due to a possible salmonella contamination.

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“I’m not trying to be everything for everyone”: JD Sports CEO Régis Schultz 

Inside Retail

Since joining British footwear retailer JD Sports in 2022, chief executive Régis Schultz has laid out an ambitious growth plan to open 350 new stores per year, with a strong focus on North America and Europe. The retailer recently unveiled a new global flagship on the Avenue des Champs-Élysées in Paris as the city prepares to welcome athletes from around the world for the Olympic Games, but for Schultz, it’s no reason to rest on his laurels.

Returns 147
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Pesticide Risks in US Produce: What You Should Know

Retail Wire

Consumer Reports has completed an extensive review of pesticides in 59 types of fruits and vegetables commonly found in the U.S. The study analyzed seven years of data from the U.S. Department of Agriculture, revealing concerning findings about pesticide residues in our food.

Consumer 147
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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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Why retail leading experts are remaining focused on emotion, not technology

Inside Retail

Retail Fest 2024 keynote speakers and panel guests analysed and strategised how retailers can approach a hybrid shopping experience. The consensus is that both online and offline stores require a deep understanding of brand and consumers. Technology and opportunities to connect with customers are rapidly evolving but top industry marketers are still championing the fundamentals.

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Tesla Recalls Cybertruck Due to Stuck Accelerator Pedal

Retail Wire

Tesla is recalling almost 4,000 Cybertrucks due to a sticking accelerator pedal. The problem stems from an unauthorized lubricant used during assembly, which reduces the pad's grip on the pedal.

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Swatch celebrates opening of new Melbourne store with art exhibit

Inside Retail

Swatch has opened an art exhibit to celebrate its new store at Collins Street in Melbourne, one of its largest locations in the Southern Hemisphere. The watch retailer partnered with Tata Gallery to showcase its brand-new range of products through a pop-up art maze installation. The art journey is available for guests from April 19 to 26, between 11 am and 3 pm daily.

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Apple Removes WhatsApp and Threads From China App Store

Retail Wire

Apple has taken down WhatsApp and Threads from its app store in China due to an order from the country's internet regulator over national security concerns.

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Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions

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.

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Hasbro’s Wizards of the Coast president resigns

Retail Dive

Cynthia Williams, who has been in the position for two years, will exit the company on April 26.

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JetBlue and Southwest Airlines Collision Narrowly Avoided at Reagan National Airport

Retail Wire

An air traffic controller instructed one plane to cross the runway at the same time a second plane was taking off.

ATS 130
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A look at AI today, and down the road, in the retail industry

Retail Customer Experience

Kathy Kimple, executive director of strategy at OSF Digital, explains how AI is shaping the retail industry in various ways including hyper-personalization of customer experiences, automating tasks to maximize profitability, and increasing employee satisfaction.

ATS 122
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Wayfair To Launch Its First Physical Furniture Store Next Month

Retail Wire

Wayfair, the online furniture retailer, announced its first physical store opening next month.

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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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Amazon introduces shoppable, ad-supported channel to Prime Video, Freevee

Retail Dive

The channel leverages Amazon’s “shop the show” technology enabling viewers to easily purchase content seen on their TV screen via a mobile device.

Shopping 119
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Morrisons workers threaten strike action over pension changes

Retail Gazette

Hundreds of Morrisons workers have threatened to launch strike action over a change to their pensions that will leave them worse off by around £500 a year, says Unite union. The union says “approximately 1,000 Unite members” working at the supermarket’s warehouses in Cheshire and Wakefield are taking part in a ballot to decide whether workers will strike to “protect their pensions and take home pay”.

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Kizik opens first pop-up store in NYC as part of brick-and-mortar push

Retail Dive

The hands-free footwear brand is expanding its physical presence, with plans to land in 500 wholesale doors and open six stores by the end of the year.

Wholesale 118
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Tesco ‘fire and rehire’ court case heads to Supreme Court

Retail Gazette

Tesco will appear before the Supreme Court next week as union leaders challenge a Court of Appeal ruling on the supermarket’s controversial “fire and rehire” tactics. The case, which will be heard on Tuesday 23 and Wednesday 24 April, is part of a long-running legal battle between the two. Usdaw members employed by Tesco in its Daventry and Litchfield Distribution Centres won a landmark legal victory against the supermarket back in 2021 after it had proposed to remove “retained

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Turn Your Website Into a Money-Maker: Tips for Small Business Success

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.

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Sportsman’s Warehouse cuts SKUs, vendors to support inventory strategy

Retail Dive

The retailer has been rationalizing its stock in several product areas, including fishing, to improve productivity.

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Charles Tyrwhitt Opens New Flagship Store on London’s Regent Street

365 Retail

Charles Tyrwhitt has opened a new flagship store on London’s prestigious Regent Street, marking the brand’s eighth opening in just one year. The store, located at no.218 Regent Street, welcomes the public starting April 19th, and is situated in a beautifully preserved grade-listed building. Perfectly positioned just moments from Oxford Street tube station, the new 4,200 sq. foot store offers an immersive shopping experience.

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Nordstrom family may try again to take the company private

Retail Dive

The Nordstrom brothers, who are the retailer’s top executives, notified the board of their interest, and a special committee has been formed.

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Iceland updates famous slogan under new advertising push

Retail Gazette

Iceland has updated its slogan “That’s why mums go to Iceland” to highlight that people other than mothers shop in the supermarket. The frozen foods retailer changed its strapline to “That’s why we go to Iceland” under a new advertising push, which its bosses claim reflect its “growing customer base” outside mums.

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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