Retail Focus

AUGUST 20, 2024

In the wake of recent disorder across the UK, some high-street retailers and businesses are grappling with unprecedented fear and uncertainty about the safety of their premises, staff and customers. In any high-street retail context, though, there is an argument to be made that this risk always exists. However, when the current climate suggests that there could be trouble afoot at any moment, hardworking business owners are left with no choice but to rethink and enhance their security processes

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Payment Services Inventory Management Planning Management 147

Inside Retail

AUGUST 20, 2024

Scentre Group’s fund from operations stood at $568.2 million in the first six months, up 2.1 per cent from the year-ago period. The Westfield shopping centre owner and operator’s net operating income grew 3.5 per cent to $1.01 billion while the group’s portfolio was valued at $34.3 billion. The group operates 42 Westfield destinations across Australia and New Zealand, which hosted 320 million customer visits, an increase of 1.9 per cent.

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Department Stores Shopping Location Marketing 306

Retail TouchPoints

AUGUST 20, 2024

In 2023, people watched over 30 billion hours of shopping related videos on YouTube , according to the company. Now the video platform is looking to extend its reach into the world of commerce even further through an expansion of its partnership with Shopify. Eligible Shopify Plus and Shopify Advanced merchants in the U.S. can now easily sign up for YouTube Shopping’s affiliate program through the “Google & YouTube” app on Shopify, enabling thousands of eligible creators to showcase those me

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Shopping Management Social Commerce Marketing 283

Inside Retail

AUGUST 20, 2024

Domino’s Pizza Enterprises saw net profit decline despite higher sales during the past fiscal year. The company’s net profit fell 1.9 per cent to $120.4 million while network sales grew 4.6 per cent to $4.19 billion and online sales rose 7.5 per cent to $3.37 billion. Same-store sales growth stood at 1.5 per cent, while network store count rose 0.3 per cent to 3795.

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Customer Experience

Retail TouchPoints

AUGUST 20, 2024

Jon Anthony and Brad Schwibner are a married couple based in Florida, but these days they are more often known by their online moniker, “ The Posh Kings.” They could just as easily be known as the Kings of Reinvention: Before they became resale royalty on Poshmark they ran a chain of men’s high-end fashion stores across the Sunshine State for nearly 20 years.

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Shopping Shipping Marketing ATS 272

Inside Retail

AUGUST 20, 2024

Step One Clothing ‘s net profit surged in the last fiscal year, thanks to higher revenue across all its geographies and channels. The underwear retailer’s net profit soared 43.9 per cent to $12.4 million as revenue jumped 29.7 per cent to $84.5 million. During the financial year, the company focused on launching the SmoothFit women’s line to expand its women’s offerings.

Net Profit 278

Net Profit Accounting Marketing Consumer 278

Inside Retail

AUGUST 20, 2024

Pureplay online furniture retailer Temple & Webster has an ambitious five-year growth plan, and TikTok could be the key to making it happen. To become a household name, Temple & Webster is focussing its social commerce efforts on Instagram while keeping an eye on the up-and-coming markets that TikTok could help it unlock. Small screen; major ROI The launch of TikTok Shop in Australia, rumoured to be coming at the end of 2024, is set to shake up the social commerce scene, and Temple &

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Social Commerce Accounting Marketing Shopping 278

Retail TouchPoints

AUGUST 20, 2024

Adidas America , a subsidiary of Adidas AG , is facing nearly $400,000 in new fines for fall hazards at its Chester, N.Y. warehouse, according to a statement from the U.S. Occupational Safety and Health Administration (OSHA). The company was already cited for $17,403 in penalties in March 2022, after a 2021 OSHA inspection discovered an absence of guardrails and an unsafe ladder that exposed Adidas employees to falls of up to 10 feet to the floor below.

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ATS Returns Store Operations 261

Retail Wire

AUGUST 20, 2024

ViewSonic Corp. has announced the launch of its new XG36 Series gaming monitors, designed to elevate the gaming experience with cutting-edge performance.

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Retail TouchPoints

AUGUST 20, 2024

The retail sector is facing a complex economic environment in 2024. Inflation rates remain unpredictable , consumer confidence is fluctuating and supply chain disruptions , including the geopolitical environment, continue to affect inventory levels and pricing. These factors have made it challenging for retailers to plan and execute effective marketing strategies.

Marketing 256

Marketing Merchant Services Payment Services Advertising 256

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Accounting

Retail Wire

AUGUST 20, 2024

A significant development has taken place in the travel industry regarding the proposed merger between Alaska Airlines and Hawaiian Airlines.

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Retail TouchPoints

AUGUST 20, 2024

Mattress Firm has partnered with DoorDash to offer on-demand two -hour delivery of mattresses and bedding accessories from its 2,300+ U.S. locations. These deliveries will be eligible for the DashPass membership program, which offers free delivery and reduced fees on eligible orders, as well as real-time tracking through the DoorDash app. The service’s launch is timed to coincide with the millions of college students moving into dorms and apartments as the new school year starts.

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Accessories Location Consumer Shopping 253

Retail Wire

AUGUST 20, 2024

The FTC is challenging the proposed Kroger/Albertsons merger and wants to take a closer look.

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Inside Retail

AUGUST 20, 2024

Australian-listed appliance maker Breville Group’s net profit rose 7.5 per cent to $118.5 million in the last fiscal year. The company booked record revenue of $1.53 billion, up 3.5 per cent from last year and more than doubling five years ago. Its Americas revenue grew 4.9 per cent to $735.5 million while EMEA revenue climbed 13.8 per cent to $325.2 million.

Net Profit 147

Net Profit Planning Management Marketing 147

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Customer Experience

Retail Wire

AUGUST 20, 2024

Krispy Kreme previously announced its McDonald's expansion plans.

Planning 306

Planning 306

Inside Retail

AUGUST 20, 2024

Commercial property company Hawaiian has acquired a 50 per cent stake in Perth’s Claremont Quarter shopping centre from investment firm QIC. Located southwest of Perth, Claremont Quarter offers a gross lettable area of 29,766sqm and is anchored by David Jones, Coles and Jack’s Whole Foods & Groceries. Its tenancy profile includes leading retailers such as Zimmermann and Sass & Bide alongside global luxury brands like Chanel and Georg Jensen.

Location 147

Location Shopping Marketing ATS 147

Retail Wire

AUGUST 20, 2024

The new Papa John's CEO turned Wendy's proverbial ship around.

Shipping 290

Shipping 290

Retail Focus

AUGUST 20, 2024

Hammerson has announced that PURESEOUL, the UK’s premier K-Beauty store, is to open at Bullring & Grand Central, marking the brand’s Midlands debut and only its second store outside London. Set to launch in September, this significant signing underscores Hammerson’s strategy to broaden the use and purpose of its destinations through innovative brands, market first concepts and cultural partnerships.

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Location Marketing Management Shopping 147

Advertiser: Experience Retail Today

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.

Fashion

Retail Wire

AUGUST 20, 2024

Customers can play and win free food with the fifth installation of a popular game.

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Returns 263

Inside Retail

AUGUST 20, 2024

The retail industry has been having a very “brat” summer. If you’re confused about what that means, here’s a brief breakdown of the viral trend that’s taken over social media and beyond. On June 7, British music artist Charlie XCX released her sixth studio album, famously dubbed, “Brat”. The artist, who is known for hit songs like “Boys” and “Boom Clap”, is widely recognised as one of the “It girls” of the fashion and music scene and for her take on one Gen Z ‘s favourite new trends, indie

Fashion 147

Fashion Advertising Marketing Consumer 147

Retail Wire

AUGUST 20, 2024

Lifeway Foods Inc., a producer and provider of Lifeway kefir and probiotic products based in Nashville, Tennessee, announced that its Organic Strawnana ProBugs Whole Milk Kefir has won a Good Housekeeping 2024 Parenting Award.

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Inside Retail

AUGUST 20, 2024

GLP-1 medications, such as Ozempic or Wegovy, have presented a unique set of challenges to retailers, primarily supermarkets. These medications are designed to help obesity through appetite reduction, increased satiety, and decreased food cravings – but one side effect that supermarkets did not foresee was a noticeable reduction in trade. Now, both breakout and heritage brands are seizing the shift in consumer eating habits to carve out a new category of nutritional supplements and weight-loss f

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Consumer Beauty and Health Supermarket Marketing 147

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Wholesale

Retail Focus

AUGUST 20, 2024

Partnering with a well-known retail brand can open a wide range of doors in your niche and adjacent ones. You’ll tap into their existing market presence and enhance your business credibility. But it’s not all rainbows and unicorns – successful partnerships require a clear roadmap, from initial discussions to execution. Additionally, you need a firm grasp of legal aspects, contracts, licenses, and agreements.

Finance 130

Finance Marketing Planning Consumer 130

Inside Retail

AUGUST 20, 2024

Tissot is taking a moment in time to entrench the brand in sports and culture while also meeting consumer demand in an innovative and growing category. While Apple and Garmin currently dominate the US$38.7 billion smartwatch market, the Swiss-made watch brand is gaining market share amid rising consumer demand for smartwatches in Apac. In Australia, the watch market has a value of US$680 million and while demand for luxury timepieces is growing, economic factors have kept 59 per cent of watch sa

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Consumer Marketing Boutique Wholesale 130

Retail Focus

AUGUST 20, 2024

Imagine knowing exactly where to place products to boost sales. Or predicting customer behavior before they even walk through the door. In this article, you will see how advanced data analytics transforms store layouts and enhances the shopping experience. Retailers can use these insights for smarter decisions and increased profits. Join me as we explore practical ways data drives today’s retail design revolution.

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Store Layout Kiosk Inventory Management Retail Trends 130

Retail Wire

AUGUST 20, 2024

Perigold, a luxury home retailer known for its curated selection of top home brands, is set to open its first physical store in CityPlace, West Palm Beach.

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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

Retail Gazette

AUGUST 20, 2024

Two former executives of the defunct department store chain BHS have been ordered to pay £110m to creditors for breaching their corporate responsibilities. The ruling against Dominic Chappell, who led Retail Acquisitions when it bought BHS for £1 from Philip Green in 2015 , and Lennart Henningson comes eight years after BHS collapsed with over £1bn in debt, including to its pension fund.

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Department Stores Accounting 126

Retail Wire

AUGUST 20, 2024

Many American families will go into debt to buy their children the items they need for school.

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Shopping Consumer 130

Retail Gazette

AUGUST 20, 2024

Waitrose is set to open 100 convenience stores over the next five years as part of a £1bn-plus investment in new outlets and shop refurbishments. The premium grocer is planning to open a revamped outlet in Finchley Road, north London today (21 August). This will launch a new phase of expansion with its first new store in six years, set to open in Hampton Hill, west London by the end of the year, The Guardian reported.

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Supermarket Grocer Planning Shopping 119

Retail Wire

AUGUST 20, 2024

Lowe's Q2 comparable sales fell over 5% as DIYers put off home improvement projects.

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