Tue.Apr 30, 2024

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How Retail Tech Solutions Address Stadium Concessions Gripes

Retail TouchPoints

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.

Checkout 244
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7 Critical Factors Influencing Your Luxury Watch’s Resale Value

Retail Focus

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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March retail sales barely rise as Taylor Swift effect evaporates

Inside Retail

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.

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JD.com Enhances Appliance Trade-In Experience for Chinese Consumers

Retail TouchPoints

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.

Consumer 254
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How To Drive Retail Results With Integrated Tech And UX Design

Speaker: Jennifer Wright and Nick Barron

Navigating the complexities of e-commerce requires more than just the right technology - It demands a holistic strategy that aligns platform capabilities with customer- centric design and marketing. This webinar will provide a roadmap for building a robust e-commerce strategy, guiding you through key decisions from platform selection to creating user experiences that convert, and leverage digital marketing to reach and retail customers.

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Vicinity Centres reports stable retail sales across its malls

Inside Retail

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

Marketing 278
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Target, Williams-Sonoma, Bath & Body Works and More Line Up for Netflix’s Bridgerton Season 3 Bonanza

Retail TouchPoints

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)

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Walmart Closes all 51 Health Centers, Calling Business Model ‘Unsustainable’

Retail TouchPoints

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.

Location 241
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Why Coles is doubling down on home brands at both ends of the price spectrum

Inside Retail

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.

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Walmart Is Closing All 51 Health Centers

Retail Wire

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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Former L’Occitane CEO Looks to Acquire, Privatize the Company

Retail TouchPoints

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.

Marketing 231
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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.

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Walmart Unveils New Premium Brand Bettergoods To Broaden Appeal

Retail Wire

Walmart's launch of Bettergoods is the retail giant's latest attempt to appeal to younger consumers.

Consumer 278
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Rite Aid Expands Uber Eats Partnership for Alcohol Deliveries in 8 States

Retail TouchPoints

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

Consumer 227
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US Vehicles Required To Carry Better Automatic Braking in 5 Years

Retail Wire

Automatic emergency braking will have to be standard on all U.S. vehicles by 2029.

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J.Jill’s New Brand, Merchandising Strategy Promotes ‘Fabric-First’ Wardrobe Versatility

Retail TouchPoints

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.

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A Blueprint for B2B Commerce

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.

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Krispy Kreme Debuts New Rewards Program

Retail Wire

Krispy Kreme is introducing a new program that piggybacks on its existing Krispy Kreme Rewards.

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Nordstrom and DXL Partner to Expand Big-and-Tall Fit Expertise and Offerings

Retail TouchPoints

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

Apparel 207
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How US Polo Assn blends sport and retail to drive billions in global sales

Inside Retail

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.

Marketing 147
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Tesla Employee Sleeps in Car, Loses Job Amidst Layoffs

Retail Wire

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.

ATS 147
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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

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How RM Williams boosts efficiency with its unified commerce platform

Inside Retail

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.

Checkout 147
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What Retail Brands Can Learn from Beyoncé

Retail TouchPoints

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.

Marketing 147
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Why e-commerce customers and retailers need confidence, choice and control

Inside Retail

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.

Shipping 147
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Coca-Cola Beats Expectations, Raises Revenue Forecast

Retail Wire

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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Optimizing Frontend Delivery in Composable Commerce: The Buy vs Build Decision

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Paul Dumbrell quits Bapcor on the eve of taking up CEO role

Inside Retail

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.

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Buying Property to Set Up Your First Retail Store

Retail Focus

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.

Planning 130
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Adidas signs Xochitl Gomez to global ambassador family

Inside Retail

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.

ATS 130
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Peacock Streaming Service To Raise Subscription Prices by $2 Before Summer Olympics

Retail Wire

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.

Planning 130
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Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

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Melbourne’s Emporium secures new retailers in diversification push

Inside Retail

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.

Shopping 130
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Rolls-Royce Expands Factory To Craft More ‘Bespoke’ Cars

Retail Wire

Rolls-Royce is making substantial expansions to its Chichester factory in England to focus its efforts on more expensive cars.

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Post-Brexit border checks to ‘add billions’ to shopper bills

Retail Gazette

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.

Consumer 124
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Walmart to close health centers due to ‘lack of profitability’

Retail Dive

The retailer also plans to end telehealth services, citing operational costs and reimbursement complexities that made its healthcare business unsustainable.

Planning 129
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Composable Commerce Reference Architecture 2024 Edition

Achieve more with your commerce with the help of Orium’s Composable Commerce Reference Architecture 2024 Edition. Presented in partnership with commercetools, Contentstack, and Google Cloud, this edition is packed with new insights and practical examples to help you navigate changes in digital commerce and construct an adaptable tech stack optimized for efficiency and scalability.