Inside Retail
JULY 12, 2024
The cost-of-living crisis and decreased discretionary consumer spending continue to wreak havoc on established retail businesses, as evidenced by the collapse of several Australian retailers in recent months, including Booktopia, Tigerlily, Nique, Dion Lee and Godfreys. Despite a 20-year history since its founding in 2004, Booktopia has faced financial turmoil in recent years.
Retail TouchPoints
JULY 12, 2024
There are two types of customers: those who buy and those who keep coming back. Success in ecommerce, and retail in general, depends on the latter. For VCs backing ecommerce upstarts, exponential growth and expansion often focuses on speed and a “growth at any price” mindset. On the other hand, traditional retailers must reinvent their playbook to keep up with a customer experience driven by tech that evolves quickly enough to meet consumers’ rising expectations.
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Retail Wire
JULY 12, 2024
Kohl's is simplifying back-to-school shopping with affordable, trendy items, featuring new brands like Limited Too, Aéropostale, and Madden Girl. Families can find essentials such as t-shirts, sneakers, and backpacks at low prices, and save more with Kohl’s Cash® coupons and Kohl's Rewards®.
Retail TouchPoints
JULY 12, 2024
Supermarket chain Hy-Vee has invested heavily in its digital transformation over the last two years — and its latest adoption of digital shelf tags and post-purchase offers powered by its retail media network are designed to further improve the omnichannel grocery shopping experience. Digital Shelf Tags Improve Store Efficiency and Sustainability Through a partnership with VusionGroup , Hy-Vee is rolling out digital shelf tags in more than 230 stores to enable real-time updates to product inform
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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.
Retail Wire
JULY 12, 2024
According to sources familiar with the matter, CDK Global, a software company backing car dealerships across the U.S., seems to have paid a $25 million ransom to resolve the cyberattack it faced last month.
Retail TouchPoints
JULY 12, 2024
The requirements for retail success don’t get much more basic than the ability to accurately forecast customer demand. Even a mom-and-pop bodega should be able to gauge how many people will order a breakfast sandwich and coffee each day. For larger-scale retailers, the ability to develop an accurate forecast only gets complicated, and re-complicated, as they strive to correctly place and price inventory in multiple locations so they can maximize sell-through with minimum discounting.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
JULY 12, 2024
Crowdfunding platform Indiegogo has launched a range of new services to “support the full innovation journey,” including a new ecommerce offering, IndieShop , which allows users to purchase products developed via crowdfunding. The platform plans to soon announce a partnership to bring “the most successful crowdfunding projects to physical locations.
Retail Wire
JULY 12, 2024
Taco Bell is bringing back the Nacho Fries Lover’s Pass, allowing Rewards Members to enjoy a regular order of Nacho Fries daily for 30 days for just $10. This pass is available for purchase exclusively through the Taco Bell app from July 9 to July 15.
Retail TouchPoints
JULY 12, 2024
Hallmark is revamping its streaming service and integrating retail and product benefits into the price of a subscription, with the goal of creating an “unparalleled Hallmark lifestyle experience.” In mid-September the current streaming service Hallmark Movies Now will become Hallmark+ , with the subscription cost increasing from $5.99 per month or $59.99 per year to $7.99 per month or $79.99 per year.
Retail Wire
JULY 12, 2024
This past April, AT&T discovered that there was a data breach in one of their workspaces through a third-party cloud platform. Proper and necessary steps were then taken immediately afterward. This resulted in customer data being illegally downloaded from the affected station. AT&T then proceeded to begin an investigation in order to assess and process what exactly happened.
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.
Retail TouchPoints
JULY 12, 2024
More than one year after Dollar General shareholders voted to implement an independent audit of in-store employee safety, the retailer has agreed to pay $12 million in penalties and make several workforce changes. In its settlement with the U.S. Department of Labor (DOL), Dollar General confirmed that it will make several efforts to improve workforce safety, including: Establishing and maintaining an expanded safety structure and health management system; Hiring additional safety managers; Devel
Retail Wire
JULY 12, 2024
Stop & Shop announced it will close 32 underperforming stores by the end of the year to focus on growth through price investments and store remodels. The closures will affect stores in Connecticut, Massachusetts, New Jersey, New York, and Rhode Island.
Retail TouchPoints
JULY 12, 2024
Batteries Plus has been selected for a U.S. Department of Energy (DOE) grant of more than $7 million to support a comprehensive nationwide initiative for increasing battery recycling. The DOE’s Office of Manufacturing and Energy Supply Chains chose Batteries Plus based on its extensive franchisee network of 700+ stores and its specially trained battery professionals, who are well positioned to manage safe, environmentally responsible disposal of batteries.
Retail Focus
JULY 12, 2024
When searching for a new home, many factors come into play beyond the aesthetics and location of the property. One crucial consideration that often impacts decision-making is the crime rate of the neighbourhood. Understanding how crime rates affect property searches in Birmingham can significantly influence the choices buyers make. Assessing Safety and Security Safety is paramount when choosing a place to live, and Birmingham’s crime rates are pivotal in this assessment.
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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
JULY 12, 2024
Costco will raise its annual membership fees, one of its primary sources of revenue, for the first time in over six years. Gold Star, Business and Business Add-On memberships will increase from $60 to $65 on Sept. 1, 2024, and Executive memberships will rise from $120 to $130. Back in May 2023 Costco said it would delay planned membership fee hikes, citing the impact of inflation on consumers.
Retail Wire
JULY 12, 2024
This week, Spotify has launched a new feature allowing comments on podcasts to address ongoing moderation challenges. This move comes as many online platforms have struggled with comments their sections becoming hubs for hate speech and polarization over time.
Retail TouchPoints
JULY 12, 2024
Starbucks has been a longtime champion for reusable cups. The coffee giant has conducted more than 20 reusable tests in stores worldwide and earlier this year , it became the first national coffee retailer to accept reusable cups for drive-thru and mobile orders. Now Starbucks is aiming to make reusable cups mainstream by bringing in a knowledgeable partner — and even its competitors.
Retail Wire
JULY 12, 2024
The Paqui One Chip Challenge was a viral social media sensation.
Advertiser: Experience Retail Today
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.
Retail Dive
JULY 12, 2024
The agreement with federal regulators requires the retailer to reduce its inventory and improve stocking efficiency to avoid safety hazards like blocked emergency exits and access to fire extinguishers.
Retail Wire
JULY 12, 2024
The new flavor debuts for the 40th anniversary of National Ice Cream Month.
Retail Dive
JULY 12, 2024
Inflation concerns continue to weigh on shoppers, with 84% saying it has affected how they spend their money, according to a report from Jungle Scout.
Retail Wire
JULY 12, 2024
The red machine have been a staple for film fans for over two decades.
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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
Retail Dive
JULY 12, 2024
To drive traffic to the space, which reached 100 million visits last year, the brand is dropping a virtual version of a new shoe prior to its in-store release.
LS Retail
JULY 12, 2024
©iStock/thitivong Globalization refers to the process of connecting the world economy more closely through the flow of goods, services, investment, technology, data, ideas, and workers. It began around 1870 and took off in the decades after World War II as countries started reducing restrictions on capital and trade flows in anticipation of benefits to growth and welfare.
Retail Dive
JULY 12, 2024
The retailer reserves its best deals for members of its newly revamped loyalty program, and offers unique services like photo sessions and haircuts.
Retail Times
JULY 12, 2024
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! On 10th July M&S celebrated the reopening of its Liverpool Street Station Mezzanine store, the first ever M&S convenience store at a mainline railway station, which has been renewed in partnership with SSP.
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
Retail Dive
JULY 12, 2024
Evelyn Chua will lead the footwear brand’s segments across Southeast Asia, Australia and New Zealand in the newly created role.
Miller Zell
JULY 12, 2024
In this blog, learn the difference between a rebrand and a refresh and effective strategies for executing either successfully in your retail space.
365 Retail
JULY 12, 2024
The newly launched London-born luxury fragrance brand, Ombré Lamar , has opened its flagship store on Crawford Street in Marylebone. This launch introduces a prestigious and unique perspective on fragrance to the area, drawing inspiration from the art of blending tones. Ombré Lamar’s founders, a passionate duo with heritage rooted in the Arab world, have created a brand that fuses traditional Arabic tales with contemporary London style.
Retail Times
JULY 12, 2024
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Budweiser, the Official Beer of England, and Sir Geoff Hurst are together launching an ambitious plea aimed at His Majesty King Charles III to declare a bank holiday, if the England Men’s football team achieves a momentous win on Sunday and following on from the Lionesses historic victory in 2022.
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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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