Retail TouchPoints

APRIL 19, 2024

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.

Accounting 278

Accounting Returns Marketing ATS 278

Inside Retail

APRIL 19, 2024

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

Marketing Accounting Consumer ATS 278

Retail TouchPoints

APRIL 19, 2024

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.

Department Stores 278

Department Stores Planning Marketing 278

Retail Wire

APRIL 19, 2024

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.

Management 277

Management 277

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APRIL 19, 2024

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Consumer 264

Consumer Marketing 264

Retail TouchPoints

APRIL 19, 2024

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.

Supply Chain Management 264

Supply Chain Management Fast Fashion Apparel Shipping 264

Retail TouchPoints

APRIL 19, 2024

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

Finance Accounting 264

Retail Wire

APRIL 19, 2024

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.

Advertising 245

Advertising 245

Retail TouchPoints

APRIL 19, 2024

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 261

Consumer Marketing Location Planning 261

Retail Wire

APRIL 19, 2024

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

279

279

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Accounting

Inside Retail

APRIL 19, 2024

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

Returns Marketing Location Planning 147

Retail Wire

APRIL 19, 2024

Red Lobster is contemplating filing for Chapter 11 bankruptcy due to mounting debts and financial challenges.

264

264

Inside Retail

APRIL 19, 2024

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.

Customer Retention 130

Customer Retention Consumer Marketing Shopping 130

Retail Wire

APRIL 19, 2024

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

Consumer 147

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Customer Experience

Inside Retail

APRIL 19, 2024

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.

Location 130

Location Shopping ATS Accessories 130

Retail Wire

APRIL 19, 2024

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.

130

130

Retail Gazette

APRIL 19, 2024

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”.

Supermarket 116

Supermarket Grocer ATS 116

Retail Wire

APRIL 19, 2024

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.

130

130

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Fashion

Retail Gazette

APRIL 19, 2024

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

Payment Services 111

Payment Services Supermarket ATS 111

Retail Wire

APRIL 19, 2024

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

147

147

Retail Gazette

APRIL 19, 2024

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.

Advertising 110

Advertising Supermarket Shopping 110

Retail Wire

APRIL 19, 2024

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

ATS 130

ATS 130

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Wholesale

365 Retail

APRIL 19, 2024

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.

Location 108

Location Customer Experience Shopping Planning 108

Retail Wire

APRIL 19, 2024

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

130

130

365 Retail

APRIL 19, 2024

IKEA Ireland has opened a new state-of-the-art distribution centre located in Rathcoole, Co. Dublin, marking a significant milestone in the company’s expansion within Ireland. This facility, which employs over 200 people, is part of IKEA’s continued investment in the region that includes upgrades to the Ballymun store and a collaboration with Tesco Ireland to offer an affordable collection service.

Fulfillment 108

Fulfillment Location Planning Management 108

Retail Gazette

APRIL 19, 2024

Asda co-owner Zuber Issa close to securing a deal to sell his £500m stake in the supermarket to its private equity backer TDR Capital. Issa is understood in the final stages of negotiations to dispose of his 22.5% holding in the grocery giant, Bloomberg reported. If successful, the deal will give TDR Capital a majority stake in Asda and further unwind the business ties between Issa and his brother, Mohsin.

Supermarket 105

Supermarket Grocer Accounting Returns 105

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

Customer Experience

365 Retail

APRIL 19, 2024

Despite the Government refusing to overturn the abolition of the duty-free shopping for tourists in the Spring Budget, now half (50%) of UK consumers want the scheme to be reinstated, according to the latest research from Retail Technology Show (RTS), the leading event that connects retail’s changemakers and leading tech innovators. Original research of over 1,000 shoppers by the RTS, which takes place at London Olympia on the 24 and 25 April 2024, revealed half (50%) of consumers think the Gove

Returns 104

Returns Consumer Shopping ATS 104

Retail Gazette

APRIL 19, 2024

UK supermarkets have been accused of using “inconsistent” and “misleading” labelling on products, making it difficult for customers to know where their groceries come from. An investigation by Which? found that grocers were selling goods which had “meaningless” statements on their packets. It’s mandatory for retailers to include the country of origin on specific foods such as fresh fruit and vegetables, unprocessed meats, fish, olive oil and wine, althou

Supermarket 105

Supermarket Grocer Planning Consumer 105

LS Retail

APRIL 19, 2024

Entrepreneurs are among the most dynamic drivers of global economic growth, and women are laying claim to the role in greater numbers than ever. In the U.S., for example, research shows that women-owned businesses are growing at twice the rate of all others. Yet, according to the World Bank, women continue to face enormous obstacles, including powerful social constraints, limited time and a lack of training.

Management 102

Management ATS 102

Retail Customer Experience

APRIL 19, 2024

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 105

ATS Customer Experience 105

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