Retail TouchPoints
APRIL 30, 2024
The retail technology revolution has brought forth many new innovations such as palm scanning and AI chatbots over the last few years, all of which have sought to meet the same goal: improving the customer experience. Through AI and other technologies, customers in grocery stores, clothing outlets and other convenience-style shops no longer need to wait in line to check out.
Retail Focus
APRIL 30, 2024
When it comes to luxury watches, their value transcends mere timekeeping. These exquisite timepieces are not only symbols of craftsmanship and style but also valuable assets that can appreciate over time. If you’re considering selling your high-end watch, understanding the factors that influence its resale value is crucial. Here’s a guide to help you navigate the world of luxury watch resale. 1.
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Inside Retail
APRIL 30, 2024
Australian retail sales in March remain subdued despite an early Easter, only rising 0.8 per cent year over year to $35.6 billion. Australian Bureau of Statistics data showed that other retailing, which include cosmetic, sports and recreational goods, grew 2.4 per cent, the strongest growth across all categories during the month. Food sales went up 2.1 per cent while cafes, restaurants and takeaway rose 1.2 per cent.
Retail TouchPoints
APRIL 30, 2024
Walmart has ended its five- year effort to become a direct health care provider, announcing plans to close all 51 Walmart Health centers across five states and shutter its virtual care offering. It’s an abrupt reversal; just a few weeks ago, the retailer had announced plans to add 18 Walmart Health Centers in Texas this year to join the four currently operating in the state.
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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.
Inside Retail
APRIL 30, 2024
Vicinity Centres has posted a 1.6 per cent uplift in portfolio sales for the third quarter ended March 31. “Our operating metrics remain strong and continue to be underpinned by retailer demand for physical stores, particularly in our premium centres, and strong retail sales growth since the end of the pandemic,” said CEO and MD Peter Huddle. The occupancy rate for the quarter remained at 99.1 per cent while comparable net property income was at 4 per cent, both in line with the first half of FY
Retail TouchPoints
APRIL 30, 2024
In collaboration with more than 100 appliance brands, JD.com has expanded its “Trade-in Alliance for Household Appliances and Home Goods” services, which already have been implemented in 20 Chinese provinces and cities. The Alliance covers more than 200 product subcategories, including TVs, refrigerators, washing machines and air conditioners. Earlier this month , the Chinese government announced “strong financial support” to encourage appliance recycling efforts across the country.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
APRIL 30, 2024
Bridgerton season 3 will arrive on Netflix May 16. (Image courtesy Netflix) Izzy & Liv for Target (Image courtesy Netflix) Williams-Sonoma (Image courtesy Netflix) The Bridgerton Artist Series (Image courtesy Netflix) Ruggable (Image courtesy Netflix) Kiko Milano (Image courtesy Netflix) Maison Laduree (Image courtesy Netflix) Allure Bridals (Image courtesy Netflix) Maxbone (Image courtesy Netflix) The Republic of Tea (Image courtesy Netflix) International Delights (Image courtesy Netflix)
Inside Retail
APRIL 30, 2024
While the ongoing inquiries into supermarket pricing have been generating plenty of headlines in recent weeks, they barely came up during Coles’ Q3 earnings call on Tuesday. Instead, Coles’ CEO and managing director, Leah Weckert, spent plenty of time explaining how the retailer is providing value to customers as cost-of-living pressures continue to weigh on Australian households.
Retail TouchPoints
APRIL 30, 2024
L’Occitane Groupe, the controlling shareholder of L’Occitane International , has submitted an offer to acquire the remaining shares of the French beauty retailer in a bid to take the company private. L’Occitane Groupe, which is controlled by former L’Occitane CEO Reinold Geiger, currently owns 72.64% of the company and is proposing a buyout of the remaining shares for HK$34 (approximately $4.08 in U.S. dollars)— more than the all-time-high closing price of HK$33.60 (approximately $4.
Retail Wire
APRIL 30, 2024
Walmart has announced the closure of its 51 Walmart Health centers across five states, alongside ending virtual health services, in a surprising move revealed on Tuesday.
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Retail TouchPoints
APRIL 30, 2024
Nearly 1,000 Rite Aid stores will now offer alcohol delivery via the retailer’s expanded partnership with Uber Eats. Customers of legal drinking age can get delivery from select stores in California, Idaho, Michigan, New York, Ohio, Oregon, Virginia and Washington. “Our collaboration and trusted partnership with Uber Eats underscores our commitment to meeting the evolving needs of our customers and providing a seamless digital shopping experience that complements their busy lives,” said Jeanniey
Retail Wire
APRIL 30, 2024
Walmart's launch of Bettergoods is the retail giant's latest attempt to appeal to younger consumers.
Retail TouchPoints
APRIL 30, 2024
Women’s apparel brand J.Jill has introduced a revamped shopping experience both online and in stores as part of its new One Wardrobe. No Limits. campaign. Aimed at “honoring the totality of women” by providing a fabric-first approach and products that emphasize quality and versatility, the new product and merchandising strategy is part of a three -year brand transformation based on consumer research and outreach.
Retail Wire
APRIL 30, 2024
Automatic emergency braking will have to be standard on all U.S. vehicles by 2029.
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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.
Retail TouchPoints
APRIL 30, 2024
Destination XL Group (DXL Big + Tall) is collaborating with Nordstrom to bring its experience with larger-size apparel to the department store’s newly launched marketplace. DXL will make its extensive collection of big and tall apparel available to Nordstrom customers, embodying DXL’s “Wear What You Want” mission. “This collaboration with Nordstrom allows us to extend our ‘fit’ expertise and unique styling to a new segment of big and tall customers,” said Harvey Kanter, President and CEO of DXL
Retail Wire
APRIL 30, 2024
Krispy Kreme is introducing a new program that piggybacks on its existing Krispy Kreme Rewards.
Inside Retail
APRIL 30, 2024
With a resounding $2.4 billion in global retail sales in 2023 , US Polo Assn, the official brand of the United States Polo Association, is reaping the rewards of its strategic expansion across continents, robust digital presence and investment in forging key partnerships. In an exclusive interview, J Michael Prince, president and CEO of USPA Global, told Inside Retail about the pivotal strategies that have fueled the brand’s success.
Retail Wire
APRIL 30, 2024
Tesla, the Texas-based automaker, recently conducted layoffs affecting at least 10% of its staff. Among them was Nico Murillo, a production supervisor at the Freemont facility, who shared his layoff experience on LinkedIn.
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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.
Inside Retail
APRIL 30, 2024
RM Williams – synonymous with quality craftsmanship and the rugged spirit of the Australian outback – has long been an icon in the footwear industry. However, in an increasingly digital world, the brand recognised the need to evolve its retail experience to meet the demands of modern consumers. In 2020, Tattarang, a prominent Australian investment group, acquired RM Williams with a vision to propel the brand into the digital age while preserving its heritage.
Retail TouchPoints
APRIL 30, 2024
What can retail brands learn from Beyoncé? A lot, according to marketing professor and author Dr. Marcus Collins. And he should know: he helped drive digital strategy for Queen Bey and has also worked with some of the top brands in entertainment, media and tech. He used his experiences to write his book, For the Culture: The Power Behind What We Buy, What We Do, and Who We Want to Be , providing marketing and brand leaders a framework for connecting and resonating with cultural communities.
Inside Retail
APRIL 30, 2024
In the furiously competitive landscape of online retail, unlocking progress in customer experience is the route to business growth. Team Global Express e-Care is the carrier’s new direct-to-consumer shipping solution, partnering with e-commerce retailers to enable confidence, choice and control. There’s no moment more influential to a customer’s experience with your business than when they first lay hands on your product.
Retail Wire
APRIL 30, 2024
Coca-Cola recently released its quarterly earnings report, surpassing predictions from analysts and adjusting its outlook for full-year organic revenue.
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Inside Retail
APRIL 30, 2024
Paul Dumbrell has decided not to join Autobarn parent Bapcor as CEO and MD due to a personal reason, the company said in an announcement. Dumbrell, whose role was confirmed on February 1, was scheduled to commence the role tomorrow, May 1. To ensure stability and consistency, Mark Bernhard will continue as interim CEO and MD while the board searches for a new candidate.
Retail Focus
APRIL 30, 2024
If you are looking to purchase property to set up your own shop, its location, size and cost are the main features to consider when ensuring that the property is right for you. As this purchase is such a significant investment, buyers want to make sure that they can procure property for as cheap as possible. In this article, we discuss different options that are available to you when it comes to purchasing your property to set up your retail shop.
Inside Retail
APRIL 30, 2024
Adidas has named actress Xochitl Gomez as the newest member of its global ambassador family, who will be the face of the sportswear category. Gomez, a dancer, martial artist, and style icon, is regarded as one of the future generation’s most promising talents and an inspiration to the Latinx youth. “At Adidas, our ambition is to continue to push the boundaries when it comes to sport and culture,” said Aimee Arana, Adidas Global, GM of sportswear & training.
Retail Wire
APRIL 30, 2024
Ahead of the Olympics in Paris, Comcast's NBCUniversal plans to raise the monthly subscription price of its streaming service, Peacock, by $2 this summer.
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
Inside Retail
APRIL 30, 2024
Emporium Melbourne shopping centre has unveiled its recent and upcoming store additions as part of a strategy to diversify its retail offer. During the past year, Emporium has completed 32 new deals – including five relocations – and 26 renewals. The new retailer line-up includes Japanese label Onitsuka Tiger, footwear brand Jo Mercer, Italian denim Replay, Rebel’s 3600sqm flagship store , Vietnamese restaurant Old Man Pho, and coffee shop Manchester Press.
Retail Wire
APRIL 30, 2024
Rolls-Royce is making substantial expansions to its Chichester factory in England to focus its efforts on more expensive cars.
Retail Gazette
APRIL 30, 2024
Post-Brexit border checks on food and plant imports are to “add billions” to consumers bills, as well as 0.2% to food inflation over three years, according to industry figures. European imports deemed a “medium risk” to UK biosecurity will be met with physical inspection from today (30 April), under a new border regime, adding more than £330m to annual business costs over three years, Sky News reported.
Retail Dive
APRIL 30, 2024
The retailer also plans to end telehealth services, citing operational costs and reimbursement complexities that made its healthcare business unsustainable.
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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.
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