Thu.Apr 04, 2024

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Redefining Retail Insights: The Synergy of Crowdsourcing and Merchandising

Wiser

The drive for perfection in retail in-store execution never ceases. Traditionally, this has meant sending out merchandisers to ensure that products are amply stocked, properly displayed, and promotions are correctly implemented. Yet, the rise of crowdsourcing via mystery shoppers has changed the way brands collect and interpret in-store data, presenting a method that not only complements but in some respects surpasses conventional merchandising tactics.

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Hungry Jack’s resolves franchisee restraint clause case

Inside Retail

Hungry Jack’s has resolved a case which sought for an injunction to block two new restaurants within 5km to an existing franchisee’s locations. When Hungry Jack’s announced plans to open two new outlets in the Central Coast of New South Wales, the franchisee, Peregrine Pty Ltd, took the burger business to court, alleging the new stores would be a breach of the franchise agreement, the Franchising Code of Conduct, and the Australian Consumer Law.

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Frito-Lay and Hasbro’s Family Fun Collaboration

Retail Wire

Frito-Lay and Hasbro are teaming up this spring to make family time even more enjoyable. Their joint promotion aims to highlight how snacks and games can bring people closer together for some shared fun.

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HanesBrands sells Champion for $1 billion-plus

Inside Retail

Authentic Brands Group is to acquire sportswear brand Champion from HanesBrands for a little over $1 billion according to multiple reports. WWD reported that the parties have not yet signed a formal agreement but may have an official deal already by next week. The report also mentioned that the transaction will close “around the end of May or early June.” In September last year, HanesBrands said it was evaluating “strategic options” for Champion, including a potential sal

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5 Ways You Can Win Faster with Gen AI in Sales

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.

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Standardized Measurements, Collaboration Crucial to Retail Media’s Continued Growth

Retail TouchPoints

Retail media experienced massive growth in 2023 and shows no sign of slowing in 2024. But even as retail media networks have proliferated , ad buyers still are limited in how many they can participate in. The culprit? A lack of standardization across the retail media ecosystem. In fact, a Coresight Research study indicates that most buyers max out at just five to six networks.

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‘Not satisfied’: Regulator talks tough on Foodstuffs NZ merger

Inside Retail

New Zealand’s Foodstuffs has received its strongest indication yet that the nation’s competition regulator may block the planned merger of its North and South Island businesses. In a Statement of Issues (SOI) released on Thursday, the commission outlined its concern that combining the two entities would lead to a three-to-two reduction in the number of major grocery retailers acquiring groceries from suppliers, leaving a merged entity to compete with Australia’s Woolworths which it d

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Shaftesbury Capital celebrates successful partnership with Smart Works

Retail Focus

Shaftesbury Capital is celebrating the success of its long-term support for Smart Works, the UK charity, with its fourth pop-up across the West End portfolio having taken donations past £200,000 to date. Smart Works , a UK charity that exists to give women the confidence they need to reach their full potential, secure employment, and change the trajectory of their lives, hosted a pop-up at 57 Carnaby Street from 1 st – 24 th March, raising £43k in celebration of International Women’s Day.

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The Vitamin Shoppe Expands On-Demand Delivery with Uber Eats Partnership

Retail TouchPoints

The Vitamin Shoppe has launched a new partnership with Uber Eats to expand its same-day delivery capabilities. Consumers will be able to order from approximately 700 Vitamin Shoppe and Super Supplements locations across the U.S. using the Uber Eats app. The health and wellness retailer already has inventory available on DoorDash and Instacart. Uber Eats customers will be able to add their Healthy Awards information to all orders so that they can earn cash back rewards from Vitamin Shoppe.

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Tesla’s Main Rival BYD To Debut Its First Electric Pickup Truck This Year

Retail Wire

Chinese automobile giant BYD plans to bring its first electric pickup truck to the global market this year to compete with rivals such as Ford and Tesla.

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Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

Ghalia BOUSTANI. Expert Manager at Univers Retail | Ephemeral Retailing Specialist | Published Author | Speaker In the dynamic and ever-evolving landscape of contemporary business, the concept of digital transformation has emerged as a pivotal force shaping industries and strategies at an unprecedented pace. As businesses strive to remain competitive and relevant in the digital age, the strategic adoption of cutting-edge technology and the seamless integration of digital solutions have become im

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

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

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Costco Ventures Further into Healthcare with New Weight Loss Service

Retail TouchPoints

Costco has expanded its partnership with health care marketplace Sesame to offer weight loss care that includes individual clinical consultations and access to medications, if clinically appropriate and subject to their availability. For $179 , Costco members will receive three months of clinical consultation, a nutritional guide and recommendations, and the ability to message with their clinician outside of scheduled appointments.

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Meet Safely, a modern self-defense brand founded by women for women

Inside Retail

When Ashley Raymond, Danna Tao, Margy McCallum, and Meagan Doyle teamed up for a class project at The University of Texas at Austin, little did they know they would launch not one but two companies together. Due to growing safety concerns, especially for femme-presenting individuals and the elderly, the market for non-lethal self-defense weapons, such as pepper sprays or wearable devices, is expanding, especially in North America.

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Serena Williams Debuts Wyn Beauty Line

Retail Wire

Serena Williams, known for her prowess on the tennis court, is stepping into the world of beauty with her latest venture, Wyn Beauty. This brand, pronounced "win," offers a lineup of 10 products designed for individuals with active lifestyles.

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Italy’s Geox is reinventing itself – and Asia is its new core

Inside Retail

If kicks could talk, Geox’s ultra-limited edition little number with a fierce dragon ready to leap forth before a bright red wall would without doubt roar with fire. At US$888, the Spherica EC4.1 LNY Collectible Edition designed by Hong Kong’s The Flying Hawk Studio won’t fit with many budgets – which is probably just as well given only 88 pairs were made.

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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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FOX Reveals AdRise on OneFOX Audience Network

Retail Wire

FOX Corporation has unveiled its upgraded audience network and advertising technology platform, AdRise, in a joint announcement from New York and Los Angeles.

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NZ regulator begins grocery facial recognition technology trial

Inside Retail

New Zealand’s privacy commissioner Michael Webster has begun looking into Foodstuffs North Island’s trial of facial recognition technology (FRT) to make sure it complies with the Privacy Act. Foodstuffs announced in early February it was piloting the technology at 25 New World and Pak’nSave supermarkets in a bid to fight against retail crime. The trial, set to last about six months, aims to better identify repeat offenders and thereby reduce harmful behaviour in store.

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Onvo Releases Hot Food on the Fly for Travelers

Retail Wire

Onvo, a travel plaza chain headquartered in Scranton, Pennsylvania, is launching its latest initiative, Food on the Fly, at a travel plaza in Dorrance that provides travelers and professional truck drivers with quick and convenient hot grab-and-go options on their journeys.

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Who won Easter 2024, and what it says about the future of supermarket retail

Inside Retail

Traditionally, the main battleground of the Easter trading period is in supermarkets and, of course, confectionery. In that department, this year, Cadbury dominated visibility, doing an exceptional job getting stock on the floor and demonstrating, in the process, why visibility should be the number one goal for brands looking to succeed in retail. Nestle came a competitive second.

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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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Trader Joe’s Accused of Copying Smaller Food Brands

Retail Wire

New research from the publication Taste says that certain small food brands think that Trader Joe's has replicated their products and pushed them out of making sales.

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How can your business leverage the incoming surge in cross-border spending?

Inside Retail

Did you know that international e-commerce spending is expected to surge this year? According to Aussie-born global fintech Airwallex – which last month launched its State of Cross-border eCommerce: Key Trends of 2024 Report – a whopping 54 per cent of global consumers are expected to increase their international online spending over the next six to 12 months.

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Co-op lost £70m to shoplifting in 2023 as it uses AI to stop self-checkout theft

Retail Gazette

Retail crime cost The Co-op £70m last year, according to food managing director Matt Hood, as the mutual turns to AI to stamp out theft at self-checkouts. The Co-op said incidents of shoplifting, abuse, violence and anti-social behaviour increased by 44% last year, as it faced an average of 1,000 incidents each day. “Last year, we experienced something like £70m worth of loss because of the ongoing retail crime epidemic.

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Why Une Piece founder Carly Brown built a business with kindness at its heart

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.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

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.

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Morrisons installs AI cameras to boost availability and staff efficiency

Retail Gazette

Morrisons is set to install thousands of AI-powered cameras across its UK stores by the end of the year, after trials found they boosted availability and increased staff efficiency. The grocer has become the first UK retailer to integrate US technology, teaming up with Seattle-based AI company Focal Systems. Chief executive Rami Baitiéh has focused on improving patchy availability as a key priority for his turnaround at the retailer, with the cameras able to provide real-time on-shelf data and a

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Shoes for Crews files for Chapter 11 bankruptcy

Retail Dive

The non-slip shoe company secured $30 million in debtor-in-possession financing and intends to sell the business.

Finance 121
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The Works shareholders vote to exit main stock exchange

Retail Gazette

The Works shareholders have voted to transfer retailer’s shares from the main market of London’s Stock Exchange to its sub-market AIM in a bid to reduce costs. In a shareholder general meeting on 4 April, results of the poll found 99.7% of shareholders agreed to move to the smaller market. The specialist retailer, which first listed on the stock exchange in July 2018, noted its poor valuation, financial cost and regulatory burden of being on the main market as reasons for the change and said 

Marketing 113
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Amazon’s AWS unit cutting hundreds of jobs related to store technology

Retail Dive

The e-commerce giant earlier said it was scaling back its Just Walk Out technology, including dropping it from Amazon Fresh locations in the U.S.

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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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Shop in Warren, Ohio, Releases Eclipse-Themed T-Shirts

Retail Wire

In the heart of Warren, Ohio, businesses are hopping on the eclipse bandwagon in unique ways. One such endeavor is the creation of eclipse-themed T-shirts by Artistic Silk Screening.

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Levi’s gains momentum as Beyoncé name-checks the brand on her new album

Retail Dive

Despite Q1 revenue declines and a net loss, the denim maker noted strength in the U.S., its largest market, and other reasons for optimism.

Marketing 114
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Morrisons extends ‘Quieter Hours’ to afternoons for autistic shoppers

Retail Gazette

Morrisons is extending its Quieter Hours across all its stores to help autistic shoppers have a calmer shopping experience. The supermarket’s new hours will take place 2 – 3pm Monday to Thursday in addition to its origional weekend hours. The group first introduced its Quieter Hour back in 2018 , which involves turning down the lights in stores and turning both the tannoy and any music off on Saturdays from 9am – 10am in a bid to make stores more comfortable for shoppers with autism.

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LeBron James’ The Shop launches men’s grooming line at Walmart

Retail Dive

The line of skin, hair and beard care products debuted on Monday in 1,600 of the big-box retailer's stores and online.

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Activating Intent Data for Sales and Marketing

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.