Wed.Feb 28, 2024

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5 Ways Retailtainment is Reshaping OOH Advertising

Retail TouchPoints

Out-of-home (OOH) advertising has played an integral role in the media mix for decades due to its influence and impact. The vast majority ( 88% ) of U.S. adults have noticed an OOH ad within a one-month period and 78% of these consumers took some sort of action after, according to research from Morning Consult and the Out of Home Advertising Association of America (OAAA).

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Australia’s Top 50 People in E-commerce for 2024 revealed

Inside Retail

Matthew Horn, – group GM, customer and digital, with Country Road Group – tops the rankings of Inside Retail’s 2024 Top 50 People in E-Commerce , sponsored by CouriersPlease. A self-described “accidental digital native” Horn left a career in corporate law to join the early leadership teams at The Iconic and Uber Australia. Now at Country Road Group, he is one of the key leaders driving the company’s digital and technological transformation efforts.

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Authentic to Extend AI-Powered Shopping Capabilities Across Brand Portfolio

Retail TouchPoints

Authentic , formerly known as Authentic Brands Group, has partnered with Fast Simon to help enhance merchandising, personalization and search capabilities across its extensive portfolio of brands. Authentic brands including Juicy Couture, Frederick’s of Hollywood and the newly launched Authentic.com already use the solution provider’s AI-powered technology, but now Fast Simon has become a preferred partner for other Authentic-owned brands such as DC Shoes and Reebok.

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Retail sales crept up in January, ABS data shows

Inside Retail

Australian retail sales inched higher in January, with food-related spending leading the growth. Australian Bureau of Statistics data showed that January retail sales rose 1.1 per cent on a year-on-year and month-on-month basis. “The rebound in January follows a sharp fall in December when consumers pulled back on spending after taking advantage of Black Friday sales in November.

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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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Walmart Settles Grocery Overcharge Lawsuit

Retail Wire

Walmart is facing legal scrutiny after allegations arose that the company had been overcharging customers for groceries sold by weight.

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Mosaic Brands names Erica Berchtold as new CEO

Inside Retail

Mosaic Brands has appointed Erica Berchtold, former The Iconic CEO and Rebel Sport MD, as its new CEO. Berchtold succeeds Scott Evans who is retiring after serving the company for nearly a decade. “As we accelerate our big box and digital strategy, Erica not only has the right skillset to drive the future direction of the group but also a strong understanding of our customers as a former GM of of two of our brands,” said Mosaic Brands chairman Richard Facioni.

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The North Face to take direct control of ANZ retailing

Inside Retail

US apparel and footwear company VF Corporation is taking control of its The North Face (TNF) business in Australia and New Zealand by transferring from a distributor model to a direct-sales model. The company expects the transition to be completed by the second half of this year. The change aims to maximise the full market potential of the brand as Australia and New Zealand are considered key retail markets.

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Rent the Runway Taps New CMO, Sets Sights on Profitability

Retail TouchPoints

After a tumultuous few years, Rent the Runway is seeking a fresh perspective to drive its marketing and advertising efforts to drum up demand. Natalie McGrath, who has 20 years of experience, will join the company as Chief Marketing Officer (CMO), effective March 4, 2024. She will be the first person to take on the role since 2020 and will report directly to Co-founder, CEO and President Jennifer Hyman.

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Family Dollar Fined $41M Over Rat-Infested West Memphis Warehouse

Retail Wire

Family Dollar has been fined a staggering $41 million over a rat-infested warehouse in West Memphis, Arkansas. This warehouse distributes food, cosmetics, and medical devices to more than 400 stores across the South.

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Using Prebuilt Data Models? You Should Be

Retail TouchPoints

In 1978, LEGO introduced a brand new line of construction sets branded LEGO Space. The sets in the series included parts and features built for science fiction adventure and were among the first to include the now-iconic LEGO minifigure. Winning toy of the year in Germany and the UK in 1979, LEGO Space helped drive a 50% increase in sales for LEGO that year.

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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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The seven golden rules for international e-commerce expansion

Inside Retail

The benefits of global e-commerce expansion are obvious: market diversification, new revenue streams, 24/7 business operations and increased brand awareness. While it’s tempting to go full steam ahead, it’s important to be strategic. Building a detailed plan will help minimise risk and focus you on those areas that will make the biggest impact for your business.

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TikTok To Bring in New Head of Global Trust and Safety

Retail Wire

TikTok has announced that it would be getting a new leader for its global trust and safety unit.

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MINISO Brings Joy to East London with Westfield Stratford City Grand Store Opening

Retail Focus

Globally renowned lifestyle retailer, MINISO has announced the opening of its newest store at Westfield Stratford City. Nestled in the heart of Westfield shopping centre, on the lower ground floor near McDonald’s, MINISO will be opening its doors to the public at 12 pm on Friday, 1 March. Spanning just over 2000 sqft, the new store will feature exclusive beauty collections, such as Mad Beauty and the renowned K-Beauty brand TONYMOLY.

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Booktopia’s revenue plunges amid transition to new fulfilment centre

Inside Retail

Booktopia Group ’s revenue plummeted in the first half of FY24, which the retailer attributed to issues related to the transition to its new fulfilment centre. For the half ended December 31, revenue was down 22 per cent year-on-year to $86.3 million, with units shipped also down 21 per cent to 3.1 million. The decline was attributable to operational disruption from the transition to the company’s new Customer Fulfilment Centre.

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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New ZARA Store at atria Watford Opens Doors

Retail Focus

atria Watford, one of the UK’s most popular retail and leisure destinations, owned by property company SGS and asset managed by Global Mutual in conjunction with Savills as property managers, is pleased to announce that ZARA’s upsized store has opened at atria Watford. The newly opened ZARA store is located in a prime position in Charter Place and stocks the brand’s much-loved fashion ranges for women, men and kids.

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Opinion: Welcome to Walmart, where boring is beautiful

Inside Retail

The world’s best retailers – at least from an investor’s standpoint – are also among the most boring. There are some intuitive reasons why that might be true, and Walmart , the biggest retailer of them all, is a case in point. The CEO, Doug McMillon, has only ever worked for Walmart: He got a summer job there when he was in high school, unloading trucks at one of the company’s warehouses, and has never seen fit to alter his career path.

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Google Faces $2.3 Billion Lawsuit From Media Groups

Retail Wire

Google has found itself in a legal tussle as 32 media conglomerates, including Axel Springer and Schibsted, collectively filed a hefty 2.1-billion-euro ($2.3 billion) lawsuit against the company.

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Meet Minimalist, the fast-growing Indian skincare brand set for global growth

Inside Retail

Acclaimed Indian skincare brand Minimalist recently announced its strategic expansion into three dynamic markets: Singapore, Vietnam, and Australia. With a commitment to science-backed formulations and transparency, Minimalist is aiming to redefine skincare standards worldwide. At the helm is Mohit Yadav. With a rich background spanning finance, entrepreneurship, and brand development, Yadav embodies the brand’s ethos of innovation and consumer-centricity.

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Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions

Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.

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Warner Bros. and Paramount Global Media Merger Talks Halted

Retail Wire

Warner Bros. Discovery has decided to halt discussions regarding the potential acquisition of Paramount Global, bringing an end to several months of speculation, according to sources familiar with the matter.

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Harvey Norman’s revenue falls on softer property yields, lower franchise fees

Inside Retail

Harvey Norman’s net profit fell amid lower revenue in the fiscal first half as large format retail property yields softened and franchise fees declined. The furniture and electronics retailer’s attributable net profit plunged 45.3 per cent to $200.01 million as revenue slid 8.2 per cent to $2.15 billion. Franchising operations segment revenue fell 14 per cent to $511.81 million while overseas company-operated retail segment revenue went up 0.9 per cent to $1.4 billion.

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Disney Teams Up With Reliance Industries in Indian Media Venture

Retail Wire

The Walt Disney Company has forged a partnership with India’s Reliance Industries, marking a departure from its solitary efforts to penetrate the Indian market.

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Australia Post unveils private-label lifestyle range, JoyUp

Inside Retail

Australia Post has developed its own-label retail product brand called JoyUp with an initial 50 items on sale. Available at more than 400 Post Offices, JoyUp includes various lifestyle products such as toys, back-to-school stationery, appliances, and accessories. More products will be released in stores over the coming months. Kayla Le Cornu, GM of retail product and supply chain, said the new line is part of Australia Post’s commitment to providing consumers with high-quality, low-cost i

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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

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Starbucks Workers Union Agreement Signals Wage Hikes

Retail Wire

Starbucks workers in unionized cafes are set to receive pay increases mirroring those of their nonunion counterparts from May 2022. This development comes as the coffee giant and the Workers United union took a step forward in resolving their bargaining deadlock.

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After tamping down marketing spend, Rent the Runway brings on new chief marketing officer

Retail Dive

Natalie McGrath comes from Afterpay, with experience at apparel brands including Bandier, Coach, Alexander Wang and Net-A-Porter.

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Wendy’s Clarifies Plans for Dynamic Pricing Menu

Retail Wire

Wendy’s has clarified its digital menu board plans amidst controversy over possible "surge pricing." CEO Kirk Tanner assured analysts that while new digital boards will enable dynamic pricing, surge pricing, akin to Uber's model, won’t be implemented.

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Asda private equity owner acquires majority stake in Jollyes

Retail Gazette

The private equity owner of Asda has snapped up a majority stake in pet retailer Jollyes. The deal with TDR Capital will enable the pet specialist to invest in lower prices and accelerate its store opening programme to compete with rival Pets at Home. Details of the transaction were not disclosed, but the group’s current owner Kester Capital said the sale delivered a 4.2x return on its initial investment into the business in 2018.

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Turn Your Website Into a Money-Maker: Tips for Small Business Success

Your website can be more than just a digital presence—it can be a thriving profit center. Discover proven strategies to monetize your website, whether you sell physical products, digital downloads, or services. Learn the importance of user-friendly design, high-quality content, and tailored marketing to meet audience needs and boost engagement. Explore options like e-commerce, affiliate marketing, and subscriptions, and use analytics to optimize for success.

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Consumer confidence falls, breaking three-month rising streak

Retail Dive

Spending by consumers is showing signs of sputtering after propelling better-than-expected economic growth last year.

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Morrisons overhauls senior leadership team as it shapes up for ‘next chapter’

Retail Gazette

Morrisons has unveiled a host of management changes as CEO Rami Baitiéh begins shaping up his senior team for the supermarket’s next chapter. Former Coles liquor chief executive Darren Blackhurst will take the reins from Rachel Eyre as interim chief customer and marketing officer while she is away on maternity leave. Blackhurst returns to Morrisons from 18 March, having previously worked for the grocer between 2015 to 2019 primarily as group commercial director.

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Kester Capital sells Jollyes, UK’s second largest pet retailer, for 4.2x return

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Kester Capital, a leading UK lower mid-market private equity firm, today announced that it has signed an agreement to sell its portfolio business, Jollyes Retail Group Limited (“Jollyes”), to TDR Capital. Jollyes is the second largest and best value pet retailer in the UK.

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Frasers Group CMO exits and 20 jobs at risk amid marketing restructure

Retail Gazette

Frasers Group chief marketing officer Beckie Stanion has left her post and 20 jobs have been placed at risk as the company restructures its marketing team. The retail empire has launched a consultation period for the employees impacted by its move to “improve operational efficiency and delivery across all areas of marketing functions”, Drapers reported.

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s