Wed.Apr 03, 2024

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Amazon Cuts Hundreds of Jobs in Cloud Computing Branch

Retail Wire

Amazon's cloud computing branch, known as AWS, is letting go of hundreds of workers from its physical stores technology team as well as its sales, marketing, and global services unit.

Marketing 276
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How to Keep Your Digital Signage up to Date

Retail TouchPoints

Digital signage is a great way for retailers to capture customers’ attention and keep them informed about new deals and products. However, digital signage can only achieve its desired objectives by consistently displaying relevant and up-to-date content. Customers are unlikely to engage with digital signage if the content appears generic or outdated.

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The Jonas Brothers, Katy Perry, and Other Music Stars Criticize ‘Enormous’ AI Threats

Retail Wire

Over 200 artists, including Katy Perry, Billie Eilish, Kacey Musgraves, J Balvin, Ja Rule, Jon Bon Jovi, The Jonas Brothers, and Miranda Lambert, are voicing serious concerns about threats linked to artificial intelligence in the music industry.

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Amazon’s Just Walk Out has Left the Building

Retail TouchPoints

Amazon is removing its cashierless Just Walk Out (JWO) technology from its Amazon Fresh supermarkets and will not deploy the solution in new locations scheduled to open later this year, according to multiple media reports. The retailer will instead rely more heavily on its smart Amazon Dash Carts , which have been deployed at Fresh stores since 2020 as well as at Amazon subsidiary Whole Foods.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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April’s Solar Eclipse Is Historic, But It Could Cause Major Traffic Jams

Retail Wire

The solar eclipse is a once-in-a-lifetime opportunity, but it could cause problems.

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Chase Launches Retail Media Network; Air Canada and Whataburger Among First Set of Clients

Retail TouchPoints

Chase Bank has launched a digital media business that “combines the scale and audience of a retail media network with the exclusive advantages of Chase’s first-party financial data, institutional credibility and precise targeting capabilities,” according to a company statement. Chase Media Solutions is one of the first bank-led media offerings but it follows in the footsteps of the many major retailers drawing on their access to first-party customer data and close connections to consumers to hel

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New Cannabis Dispensary Modeled on Customer-Friendly Supermarkets

Retail TouchPoints

Photos courtesy Joyleaf Many cannabis retailing sites call themselves “dispensaries,” a pharmaceutical-tinged word that connects to their role in selling medical marijuana. But Joyleaf , in Roselle, N.J., very intentionally draws its design and merchandising inspiration from supermarkets rather than pharmacies. That’s hardly surprising considering the pedigree of its Founder, CEO and Executive Chairman, Jason Ackerman, who founded and served as CEO of Fresh Direct for over two decades.

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Bridal designer Christie Nicole launches first ready-to-wear collection

Inside Retail

Christie Nicole Bridal has launched its first ready-to-wear collection, featuring garments with 3D laser cut floral decoration. The collection includes ten monochromatic dresses decorated with hand-sewn 3D applique, velvet and satin bows, and pearl accents. There are also two bags with features that shimmer in the light, as well as a 12-piece veil set composed of Italian tulle and ornamented with hand-sewn 3D applique, bows, and pearls.

ATS 202
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What You Need to Know About Transforming Online Return Churn

Retail TouchPoints

For anyone who has made a purchase online, returns are part of the standard online buying process — so much so that, according to a recent U.S. Consumer Study , 85% of consumers check a company’s returns policy before even making a purchase when shopping online, and 68% of U.S. consumers wouldn’t repurchase from a brand after a poor returns experience.

Returns 178
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Russia’s war eats into Levi Strauss’ top line

Inside Retail

Levi Strauss & Co reported a weaker top line for the first quarter of FY24, which was attributed to the impact of its Russia business as well as a shift in wholesale shipments. For the three months ended February 25, net revenues dropped 8 per cent year on year to $1.6 billion. Excluding the impact of the exit of the Denizen business and Russia – as well as a shift in wholesale shipments that negatively affected Q1 2024 over 2023 by approximately $100 million – net revenues would have been f

Wholesale 188
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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Mall Operator PREIT Exits Bankruptcy, Goes Private and Replaces CEO

Retail TouchPoints

PREIT Realty has emerged from bankruptcy in an expedited process, reducing its total debt by approximately $835 million , extending its maturity runway and receiving commitments of about $130 million in new debtor-in-possession financing and exit revolver financing from a diverse group of investors. PREIT, which operates multiple malls and shopping centers in the eastern half of the U.S., including Exton Square in the Philadelphia area and New Jersey’s Cherry Hill Mall, had filed for bankruptcy

Finance 173
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Christmas campaign against retail crime a success but challenges remain

Inside Retail

Retail crime, including reoffending, theft and violent behaviour, continues to be a challenge for shopping centres and retailers according to new research from The Shop, Distributive and Allied Employees’ Association’s (SDA) No One Deserves a Serve campaign that ran during the Christmas 2023 retail trading period. The campaign conducted in partnership with the Shopping Centre Council of Australia (SCCA) and the National Retail Association (NRA) saw the No One Deserve a Serve ads run for free n

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Tesla’s Quarterly Deliveries Experience First Drop Since 2020

Retail Wire

Tesla has reported a year-over-year decline in quarterly deliveries — its first fall since 2020.

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How Aussie footwear brand Alias Mae stays on trend in a fast-moving market

Inside Retail

Tom Kirkhope founded the Australian fashion footwear brand Alias Mae in 2011. Drawing on his family background in footwear, and his own experience in the industry, having started working in Chinese footwear manufacturing in 2011, he launched Alias Mae as a wholesale business. Fast forward 13 years and Kirkhope continues to design and work closely with overseas production facilities to ensure the brand remains true to its purpose of crafting distinctive, quality footwear at an accessible price po

Marketing 178
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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Sustainability within the signage industry

Retail Focus

Sustainability within the sign industry presents a unique challenge when it comes to measurement and accountability. We all share a desire to nurture a healthier planet for our children and future generations, and it’s evident that proactive environmental responsibility is imperative. So, how do we navigate this path? For manufacturing companies, particularly focusing on the Environmental pillar, prioritising sustainability to reduce our carbon footprint is paramount.

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Disney Gains Victory Over Activist Investors

Retail Wire

In a recent showdown, Disney emerged victorious in a hard-fought battle against activist investors vying for board seats.

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Carter’s Introduces Revamped Loyalty Program with ‘Mom Math’ Campaign

Retail TouchPoints

Childrenswear brand Carter’s has joined the growing slate of retailers reimagining their loyalty programs in recent months. Formerly known as My Rewarding Moments, the revamped Carter’s loyalty program will now be called simply Carter’s Rewards and will allow customers to earn points and perks faster. The relaunch also includes new member tiers, beginning with the free Family tier with members earning one point for every dollar spent; and a VIP tier for members that spend $500 in a year, after w

Shipping 144
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Costco To Offer Weight Loss Drugs to Select Members

Retail Wire

Costco is set to offer weight loss drugs and corresponding healthcare to select members of the wholesale warehouse club.

Wholesale 130
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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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Amazon removes ‘Just Walk Out’ tech from US Amazon Fresh stores

Retail Dive

Dash Carts, which also allow shoppers to avoid checkout, will roll out instead at those locations, while the older tech is limited to Amazon Go and some smaller U.K. stores.

Checkout 128
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The Range transforms 4.2 million sq ft warehouse rooftops into power plants

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Turning its retail warehouses into distributed power plants will slash The Range’s energy bills, while connecting large energy buyers with a new energy asset supplier. The fastest growing retailer in the UK with over 200 stores nationwide, The Range is committed to reducing its operational carbon footprint while hedging against the volatile energy market

Marketing 115
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How To Get Money Today

Retail Focus

Whether you have been hit by a late bill, an unexpected expense, or an event you had forgotten about, being able to get money quickly can be so useful for many people. Sometimes, your salary does not go far enough, and you need to find an alternative way to bring in money to get through the month. This is where payday loans come in. These short-term loans are made to be accessible so they can help you out in a pinch and ensure you can make it through until your next payment is due.

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How to Strategically Leverage RMN Investments

Shopperations

Most CPG marketers are facing pressure to invest more and more into retail media each year. This pressure is not about to lessen any time soon. According to EMARKETER forecast , total US omnichannel retail media spend will total almost $60Bn this year and will exceed $100Bn by the end of 2027.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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Mastercard to raise credit and debit card fees

Mass Relators

WASHINGTON – Almost immediately after agreeing to reduce “swipe” fees charged to merchants to process credit card transactions, Mastercard plans to increase fees for both credit and debit card transactions by more than $250 million this month, the Merchants Payments Coalition said Wednesday. “This new increase proves the credit card companies are continuing to take advantage of Main Street,” MPC Executive Committee member and National Association of Convenience Stores General Counsel Doug Kantor

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Ludacris, T-Pain to headline Revolve festival

Retail Dive

Brands like rhode and SuperGoop are participating in the annual summer event with artist performances and freebies.

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Progressive Real Estate Partners Arranges $6.1 Million Sale of Retail Property in Desert Hot Springs, California

Shopping Center

Desert Hot Springs, Calif. — Progressive Real Estate Partners has arranged the sale of a retail property located in Desert Hot Springs, in the Coachella Valley. Totaling 33,004 square feet, the… The post Progressive Real Estate Partners Arranges $6.1 Million Sale of Retail Property in Desert Hot Springs, California appeared first on Shopping Center Business.

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A Strong Earthquake Strikes SSW of Hualien, Taiwan, Sparking Tsunami Warnings

LS Retail

©iStock/Sean3810 A major earthquake with a magnitude of 7.4 struck off Taiwan’s eastern coast Wednesday at 8 AM local time, according to the US Geological Survey, prompting tsunami warnings for the island and southern Japan. The quake’s epicenter is located about 18 kilometers (11 miles) south of the city of Hualien. Tremors were felt across the island, including by CNN staff in Taipei.

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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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Three Tenants to Join Haymarket Village Center in Virginia

Shopping Center

Haymarket, Va. — Three new tenants have signed leases at Haymarket Village Center, a 256,856-square-foot retail center located in Haymarket, roughly 38 miles west of Washington, D.C. The leasing deals with… The post Three Tenants to Join Haymarket Village Center in Virginia appeared first on Shopping Center Business.

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The Intersection of Gen AI, Data Quality and Customer Success

365 Retail

In the retail landscape, the fervour surrounding generative AI has reached a crescendo. However, for many consumer brands, the divide between expectations and reality looms large. Retailers envisioning a seamless, magical customer experience must recognise that AI’s effectiveness depends on high-quality underlying data. Without that, the AI falls flat, leaving retailers grappling with a less-than-magical reality.

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Branch Properties to Develop 70,987-Square-Foot Grocery-Anchored Retail Center in Braselton, Georgia

Shopping Center

Braselton, Ga. — Branch Properties has acquired a site in Braselton for the development of Braselton Village, a 70,987-square-foot retail center. A 48,387-square-foot Publix will anchor the 20-acre development. The center… The post Branch Properties to Develop 70,987-Square-Foot Grocery-Anchored Retail Center in Braselton, Georgia appeared first on Shopping Center Business.

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Co-op targets ‘golden era’ of growth as retail profits rise

Retail Gazette

Co-op Group’s pre-tax annual profit fell sharply amid intense competition from discounters and heightened costs due to record levels of shoplifting. But its food retail business saw underlying operating profit increase by 11% to £154m in the year to March 2023, attributed mainly to cost efficiencies, including improvements in availability, waste reduction, optimised stock-holding, and an overall reduction in the retailer’s cost-to-serve.

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Activating Intent Data for Sales and Marketing

Sales and marketing leaders have reached a tipping point when it comes to using intent data — and they’re not looking back. More than half of all B2B marketers are already using intent data to increase sales, and Gartner predicts this figure will grow to 70 percent. The reason is clear: intent can provide you with massive amounts of data that reveal sales opportunities earlier than ever before.