Fri.Aug 02, 2024

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5 Lessons from the Bob’s Stores Bankruptcy

Retail TouchPoints

New England clothing retailer Bob’s Stores is shutting its doors for good. The retailer filed for Chapter 11 bankruptcy in June and was unable to secure the necessary financing to keep its 21 brick-and-mortar locations open; all will be closed. Store merchandise, fixtures and other assets will be liquidated. The official date of closure was July 14, 2024.

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Crocs booked higher net income in the second quarter

Inside Retail

Crocs says its net income rose by 7.8 per cent in the second quarter to US$228.9 million as revenue grew 3.6 per cent to $1.11 billion. Crocs brand’s revenue increased 9.7 per cent to $914 million with its direct-to-consumer revenue rising 12.5 per cent to $479 million and wholesale revenue growing 6.9 per cent to $435 million. By market, Crocs brand’s sales climbed 3 per cent to $489 million in North America and soared 18.7 per cent to $425 million internationally.

Wholesale 278
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FTC to Launch Inquiry Into Higher Grocery Prices

Retail Wire

Consumers continue to feel the pinch regarding the escalating cost of feeding their families.

Consumer 264
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Heytea CEO: ‘We plan to really shake up Sydney’s beverage scene’

Inside Retail

The demand for small, affordable, everyday luxuries that offer a dopamine hit in the midst of a cost-of-living crisis – dubbed ‘little treat culture’ – is one of the factors behind the success of the global milk tea brand Heytea, which has over 4000 stores in 300 cities worldwide. Among the crowded bubble tea market in the Asia-Pacific, Heytea stands out for its commitment to using ‘real’ ingredients and fun, out-of-the-box drink formulations that aren’t available anywhere else.

Planning 264
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5 Tips for a Winning Category Management Strategy in 2025

Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.

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Domino’s Drops New Cheeseburger Pizzas. Here’s What We Know About Them.

Retail Wire

The new Domino's Cheeseburger Pizzas are only available in Japan.

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Amazon’s net income doubles in second quarter

Inside Retail

Amazon’s net income doubled in the second quarter, thanks to a pre-tax valuation gain and higher sales both in the US and international markets. The e-commerce giant’s net income stood at US$13.49 billion (A$20.8 billion), which included a pre-tax valuation gain of $400 million ($616 million) in non-operating income (expense) from the common stock investment in Rivian Automotive.

Marketing 264

More Trending

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Jimmy John’s Launches Mediterranean Menu. Here’s What’s On It.

Retail Wire

There's a nice selection of Mediterranean inspired foods by Jimmy John's.

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Target Gives Returning Students Tools to Personalize Their Stuff

Retail TouchPoints

Target has set up Personalization Stations that allow kids to make their backpacks, water bottles, lunchboxes uniquely their own, both online and in most stores. Through Sept. 8, customers can use the stations to explore a range of decorative options, including exclusive pins and patches priced from just $2 each. “At Target, we’re passionate about creating memorable experiences for students and their families as they celebrate big milestones and everyday moments,” said Cara Sylvester, EVP and Ch

Returns 263
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Brixton Releases Fall 2024 Collection

Retail Wire

The fashion lifestyle brand Brixton has launched its new Fall 2024 collection. The new collection revisits their heritage styles to celebrate diversity and individuality within communities.

Fashion 147
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ACCC to allow business continuity planning in the cash-in-transit industry

Inside Retail

The Australian Competition & Consumer Commission (ACCC) has proposed an authorisation with conditions to the Australian Banking Association (ABA), its member banks, and other industry participants to facilitate business continuity planning in the cash-in-transit industry. The commission also proposes to allow the parties to implement business continuity measures in case of a suspension, disruption or exit of Armaguard ’s cash-in-transit services.

Planning 147
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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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Amazon Sales Slow in the Second Quarter as Consumers Look for Discounts

Retail Wire

Amazon blames consumers for slowing sales in 2024 second quarter.

Consumer 147
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“Rather than trying to win countries, we target cities”: Brand’s winning recipe

Inside Retail

Gender-neutral skincare, fragrance, and lifestyle brand Malin + Goetz is known for its minimalist packaging and unique array of scents from a spicy version of strawberries to a refined take on cannabis. The brand marked its 20th year anniversary this year after reaching a reported US$50 million in revenue in 2023. It’s a far cry from the US$150,000 in savings with which life and business partners Matthew Malin and Andrew Goetz started the brand.

Boutique 130
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Mercari Opens its First Physical Store in LA on Melrose

Retail Wire

Mercari has just announced plans for two major expansions regarding its U.S. operations. The company is now allowing U.S. shoppers to access inventory from its Japanese marketplace, offering a wide range of exclusive items such as fashion, sneakers, handbags, toys, collectibles, and electronics. This move enhances Mercari's global marketplace by enabling direct purchases from millions of Japanese sellers, with simplified shipping through The BEENOS Group.

Shipping 130
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A day in the life of Dagne Dover’s CEO Melissa Mash

Inside Retail

US-based accessories brand Dagne Dover epitomises the phrase “necessity is the mother of invention” The brand was founded by Melissa Mash, Deepa Gandhi and Jessy Dover, who were frustrated by the lack of bags with ample space and organised designs, and set out to make the bag of their — and their customers’ — dreams. Here is how Mash, who is also Dagne Dover’s chief executive officer, finds work-life balance as she and her team build a multi-generational brand.

Wholesale 130
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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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United Airlines Is the First To Use Sustainable Aviation Fuel

Retail Wire

United Airlines recently made history again as becoming the first airline to start using sustainable aviation fuel (SAF) to be used at the O'Hare International Airport. This follows their pledge to become the first airline with net zero greenhouse gas emissions by the year 2050.

ATS 130
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Creating Unified Retail Experiences

Tokinomo

Creating a seamless and unified shopping experience has become paramount. Retailers must effectively blend their online and offline channels, harness data to personalize interactions, and build cohesive brand identities across touchpoints. Technology plays a crucial role in achieving these goals, but it also presents its own set of challenges. This article will explore the concept of unified retail experiences, the role of technology in their creation, strategies for implementation, overcoming h

Shopping 130
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Nintendo Reports Falling Profit and Sales for the Switch Gaming Console

Retail Wire

The Nintendo Switch is getting old and it's driving down profit and sales for the gaming giant.

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What Can Retailers Learn From Their Online Counterparts?

Retail Focus

There has been a lot of talk over the past decade or so about the idea of online retailers potentially replacing high-street shops as the first choice for consumers, but both sides have managed to find a balance so far. With that said, online retailers are leading their traditional counterparts in a number of areas, and there are more than a few things that brick-and-mortar can learn.

Shopping 130
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SEO vs. PPC: Which Strategy Is Best for Your Business?

When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.

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Amazon’s retail sales growth ebbs in Q2

Retail Dive

Advertising and services, including the blockbuster cloud unit, remain the center of growth and profits for the e-commerce giant.

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Should You Take Out a Personal Loan or Dealership Finance for Your Next Vehicle?

Retail Focus

Deciding how to finance your next car purchase can be a challenging decision. The two main options are taking out a personal loan from your bank or accepting finance from the car dealership. There are pros and cons to each approach. This article examines the key factors to help you make the right choice for your situation when buying a new or used car.

Finance 130
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Rihanna’s Savage X Fenty picks Nordstrom as first US retail partner

Retail Dive

The tie-up will put products in 16 of the department store’s locations and on its website.

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B&Q launches robot delivery trial for DIY supplies

Retail Gazette

B&Q is offering a new trial in Milton Keynes, Buckinghamshire, where shoppers can receive DIY supplies via robot. The home improvement retailer is piloting the delivery service in partnership with courier DPD, with a fleet of autonomous robots being used to bring smaller parcels directly to customers’ doors. Shoppers will be informed in advance if their order is set to be delivered by robot and after confirming their availability, the robot will be disptached.

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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Providing value beyond products

Retail Customer Experience

To achieve lasting success, retailers must go beyond offering products to provide true value and purpose. Whether it's a dedication to sustainability, adaptability, emotional connection, or any other values, a brand needs to be more than just a product on shelves.

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The Weekly Closeout: Fred Segal closes remaining stores and Foxtrot plots its comeback

Retail Dive

Los Angeles fashion loses a retail icon and after abruptly closing stores this spring Foxtrot team members promise a return to the company’s roots.

Returns 111
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Amazon sales come up short as consumers trade down

Retail Gazette

Amazon sales have fallen short of analyst forecasts for both the current quarter and the next as cautious consumers seek out cheaper products. For the second quarter ending June 30, 2024, the ecommerce giant’s net sales rose 10% year-over-year to $148bn. Online stores sales rose 5% in the second quarter to $55.4bn, compared with a 7% gain in the first quarter.

Consumer 111
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‘Months of obfuscation’: Ikea’s evidence destruction costs $566K

Retail Dive

A court had ordered the employer to produce email files related to ongoing age discrimination litigation.

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Create SEO-Friendly Content to Boost Traffic & Engagement

Creating SEO-friendly content is key to improving your website’s visibility and attracting more visitors. This guide walks you through best practices for writing optimized content, including keyword placement, proper formatting, and engaging writing techniques. Whether you’re crafting blog posts, landing pages, or product descriptions, these proven SEO strategies will help your content rank higher and keep readers engaged.

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Crew Clothing sues ex-boss over £600,000 bonus

Retail Gazette

Crew Clothing is suing former chief executive David Butler over claims he paid himself more than £622,000 in bonuses and other awards that were never signed off. The fashion retailer has filed a lawsuit against Butler just 16 months after he stepped down following a failed buyout attempt, The Telegraph reported. Crew Clothing accused Butler of telling its head of HR Rupert Hay that the retailer’s owner Menoshi “Michael” Shina had agreed to pay him hundreds of thousands of pounds in salary increa

Fashion 111
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Should US Flags Only Be Made in America?

LS Retail

©iStock/LeMusique According to US media reports , the All-American Flag Act has been passed by Congress, requiring the federal government to purchase only American flags that have been completely manufactured in the US. Advocates of the measure argue that in 2017, the US imported some 10 million American flags, and 99.5 percent of them came from China.

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The 10 essential strengths of front-line retail employees

Retail Customer Experience

Any retailer can harness the power of engagement. It all boils down to how employees relate to customers.

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Covent Garden unveils summer art installation for 2024

A1 Retail

Shaftesbury Capital has unveiled a brand-new large-scale art installation, “Little Cloud World” in Covent Garden by Los Angeles-based artists Samuel Borkson & Arturo Sandoval III, known as FriendsWithYou. The London-first commission will be installed until October and features over 40 inflatable floating clouds in the Covent Garden Market Building.

Marketing 105
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AI for Commerce: Foundations, Aspirations, and Hype

AI is rapidly transforming digital commerce, but how do you separate real opportunities from hype? Moderated by Orium, AI for Commerce: Foundations, Aspirations, and Hype , experts from Bloomreach , commercetools , Contentstack , and Fluent Commerce explores where AI is already delivering results and where its potential is still unfolding. This masterclass dives into proven AI applications, emerging innovations , and the gaps between promise and reality in commerce.