Fri.Jul 26, 2024

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Aldi confirms it has abandoned plans to launch online shopping

Inside Retail

Supermarket chain Aldi has dropped its plan to expand into online shopping believing it might affect its ability to continue providing low-cost products for customers. The company dismantled its online team late last year following serious consideration, according to Jordan Lack, Aldi MD of buying. “The greater concern is the impact on cost structure as fundamentally keeping our costs low has a direct impact on the prices we can offer our customers,” he told the Australian Financial Review.

Planning 278
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Nordstrom Adds 5 More Indochino Shop-in-Shops

Retail TouchPoints

Nordstrom is expanding its shop-in-shop partnership with custom apparel brand Indochino by adding five new locations, bringing the total number of Indochino shops in Nordstrom stores to 32. The partners opened their first shop-in-shops in 2021. Indochino specializes in made-to-measure suits, shirts, chinos and outerwear for men and women. Customers visiting Indochino shops at Nordstrom will receive a personalized shopping experience guided by the brand’s Style Guides, who help customers pi

Shopping 278
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Del Taco Celebrates Best Fast-Food List Topping With Freebies, More Locations

Retail Wire

Del Taco recently surpassed Chick-fil-A as the best fast-food restaurant amongst consumers and is offering freebies to celebrate.

Location 264
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Casey’s Expands Reach in Texas with Acquisition of 198 CEFCO C-Stores

Retail TouchPoints

Convenience store chain Casey’s General Stores has agreed to acquire Fikes Wholesale , owner of CEFCO Convenience Stores. The all-cash transaction is valued at $1.145 billion , which Casey’s will finance through cash and bank financing. The transaction is anticipated to close in the fourth quarter of this year, subject to customary closing conditions and regulatory approval.

Wholesale 264
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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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McDonald’s Recent Test Might Lead to the Return of a Fan-Favorite Menu Item

Retail Wire

McDonald's customers have been begging for the return of this item, and they just might get it.

Returns 290
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How Store Design Teams are Thinking About Sustainability

Retail TouchPoints

Today’s store design teams are facing mounting pressures. More than three-quarters ( 76% ) of respondents to Retail TouchPoints’ latest Store Design & Experience Survey expected their store design budgets to rise in some way over the next 24 months, but that doesn’t mean they can make careless investments. Store design teams are simultaneously navigating: The rising cost of materials ( 57% ); Adapting store experiences to new shopper expectations ( 57% ); and Having to integrate new digita

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Colorado Court Puts Kroger-Albertsons Merger on Hold

Retail TouchPoints

A Denver District Court judge has stopped the Kroger-Albertsons merger in its tracks, cancelling a planned Aug. 12 hearing and setting a trial date of Sept. 30, 2024. The proposed $24.6 billion merger, first announced in October 2022 , has been challenged by Colorado’s and eight other state Attorneys General, the United Food and Commercial Workers union as well as the Federal Trade Commission, which voted to block the merger in February 2024.

Grocer 264
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Rite Aid Closes 50 Additional Stores in Michigan and Ohio

Retail Wire

Rite Aid continues closing underperforming locations.

Location 288
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Are Errors Hindering B2B Commerce Growth?

Retail TouchPoints

Is your web store a partner in your success or a saboteur hindering your growth? Your buyers expect accuracy, flexibility and a seamless purchase experience, yet order errors are a leading cause of frustration for B2B buyers. In fact, according to recent data, 68% of B2B buyers are discouraged from ordering online due to order errors. Today, having a web store is not a supplementary project but mission-critical.

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Chipotle Faced Backlash About Its Burrito Bowl Portion Sizes. How Did It Respond?

Retail Wire

Chipotle faced backlash for its meager portion sizes.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Tuckernuck Boosts Holiday Conversions 304% With MNTN Performance TV

Retail TouchPoints

Tuckernuck , an omnichannel lifestyle retail brand that sells classic yet unique apparel and gifts, needed a scalable advertising channel that it could rely on to drive significant performance during the peak holiday season. In partnership with digital marketing agency El Toro Interactive , the brand turned to MNTN Performance TV to take its advertising efforts to the next level.

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Apple iPhone Pushed Out of China’s Top 5

Retail Wire

Apple has been having a challenging time in regard to China lately.

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Valentino to Levi’s: Why Paul Dillinger is one of retail’s most creative minds

Inside Retail

As Levi’s global head of product innovation for the past 13 years, Paul Dillinger has helped bring some of the brand’s most pioneering projects to life – from its Bluetooth-enabled Trucker Jacket to its plant-based 501s, which are virtually indistinguishable from the originals. It’s a far cry from the haute couture dressmaking techniques he learned while interning at Valentino in the ’90s.

Fashion 147
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Taco Bell and Mountain Dew Celebrate Baja Blast’s 20th Anniversary

Retail Wire

Taco Bell revealed a new collaboration with Mtn Dew that celebrates the 20th anniversary of the Mtn Dew Baja Blast with a season-long promotion featuring various events and new products.

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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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Carpetright suppliers, customers and landlords left £80m out of pocket

Retail Gazette

Carpetright suppliers, customers and landlords have been left £80m out of pocket following the chain’s collapse at the start of the week. According to documents seen by The Times , the flooring specialist’s trade creditors including Condor and AW Weavers were owed around £24m at the time of its collapse. Carpetright also owes £30.9m to “other creditors”, including customers, as well as £15.6m to “other accruals”.

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OpenAI’s Search Engine SearchGPT Promises Real-time Conversation

Retail Wire

Currently in testing, OpenAI’s new search engine, simply called SearchGPT, uses a conversation-style interface to help users quickly find relevant information.

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JD Sports staff face redundancy risk at major warehouse

Retail Gazette

JD Sports workers at a warehouse in Derby are facing potential job losses, with the future of the distribution centre under review. The sportswear retailer has begun a consultation period with staff at the distribution centre, based on Derby Commercial Park. Derbyshire Live reported that “around 200 workers” are impacted, as one staff member said that the consultation period should be concluded by 6 September.

ATS 111
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CrowdStrike Chief Says Crashed Systems Almost Completely Fixed

Retail Wire

It’s been a week since the faulty CrowdStrike update created global IT chaos, but the company’s boss said that almost all of its sensors are back online.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

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.

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In-store experience wins out as customers want to see and touch purchases: report

Retail Dive

Customers value associate’s advice, particularly for luxury goods, while they feel frustrated by chatbots’ inability to resolve customer service inquiries.

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California Court Deems Uber and Lyft Drivers Contractors, Not Employees 

Retail Wire

Per a ruling by the California Supreme Court, drivers for Uber and Lyft will remain independent contractors, not employees. As a result, gig companies are not required to offer worker benefits to drivers.

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Removing Obstacles That Prevent Small Firms From Seizing Global Opportunities

LS Retail

©iStock/AndreyPopov The Federation of Small Businesses (FSB) has revealed its SME Export task force – a transformative blueprint designed to remove the obstacles that prevent small firms from seizing global opportunities. Despite their agility, only 10 percent of small firms trade internationally. Imagine economic growth if we could double that figure.

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Asda faces another superstore strike over poor conditions and pay

Retail Gazette

Asda workers at its Lowestoft store are set to walk out for the second time in a dispute over working conditions. GMB Union confirmed that more than 170 employees at the superstore in East Suffolk will go on strike from 3am to 10pm on 9 August after claiming the grocer’s management had been “burying their heads in the sand” It said the employees were angry over cuts in hours, poor quality training, bullying management, fire safety breaches, as well as health and safety issues n

Grocer 105
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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

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Why idependent retail stores are gateway to powerful multicultural consumers

Retail Customer Experience

Multicultural consumers have impressive spending power in the U.S. In today's diverse and rapidly evolving market, understanding and engaging these audiences is more critical than ever.

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Momentum Property Management team supports White Lion Walk’s pop-up project

A1 Retail

North West property services company, The Momentum Group, has supported real estate company, Redevco, with the instalment of three new pop-up tenants at White Lion Walk in Guildford, following the destination’s Incubator Project in partnership with Save The High Street. The tenant support was led by Momentum Manage, following its appointment earlier this year to deliver property management services at the centre.

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Coach brings Spring 2024 collection to the metaverse

Retail Dive

The Tapestry brand introduced virtual wearables and other features to Roblox and Zepeto in an effort to better reach Generation Z.

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Your industrial network is not a commodity: it is strategic to your success

Cisco Retail

Your industrial network directly impacts operational efficiency, security, long-term costs, and the ability to leverage future technologies.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

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Macy’s names head of home, food and toys

Retail Dive

The department store promoted Sabina Israelian-Garcia to the role with the goal of diversifying the retailer’s product assortment.

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pladis introduces Jacob’s Bites in fully recyclable 125g boxes

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! pladis, the global snacking company behind some of the UK’s most loved and iconic brands, is aiming to take a bigger bite out of savoury snacking with a new range of flavour-packed snacks from Jacob’s. Created to leverage key sharing occasions, Jacob’s Bites come in fully recyclable 125g boxes and are aimed at reinvigorating the […] If you want mor

ATS 64
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Nordstrom to open more Indochino shop-in-shops

Retail Dive

The expanded partnership comes as the DTC custom suit brand works to grow its footprint of showrooms.

Shopping 107
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Conn’s HomePlus Files for Chapter 11 Bankruptcy, to Close 70-Plus Stores According to Reports

Shopping Center

The Woodlands, Texas — Conn’s HomePlus, a Texas-based home furnishing retailer, has filed for Chapter 11 bankruptcy and will close at least 70 stores nationwide, according to reports from multiple media… The post Conn’s HomePlus Files for Chapter 11 Bankruptcy, to Close 70-Plus Stores According to Reports appeared first on Shopping Center Business.

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How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.