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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.
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.
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.
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.
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.
For two and a half weeks, the eyes of the world are turned to Paris for the latest iteration of the Summer Olympic Games. As always, the international event has overflowed with countless feats of prowess and perseverance. But what happens on Aug. 11 when the Games end? That is exactly the question that the International Olympic Committee (IOC) , along with new partner Alibaba , are looking to answer with the Athlete365 Business Accelerator Program.
For two and a half weeks, the eyes of the world are turned to Paris for the latest iteration of the Summer Olympic Games. As always, the international event has overflowed with countless feats of prowess and perseverance. But what happens on Aug. 11 when the Games end? That is exactly the question that the International Olympic Committee (IOC) , along with new partner Alibaba , are looking to answer with the Athlete365 Business Accelerator Program.
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
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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!
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.
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.
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.
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
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.
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.
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