Wed.Nov 06, 2024

article thumbnail

We Need to Talk About Porch Piracy 

Retail TouchPoints

In an era when online shopping is not just a convenience but a way of life, a new menace is plaguing consumers and retailers alike: porch piracy. Our recent research reveals that over a third of U.S. online shoppers have fallen victim to this form of theft within the past year. The situation is particularly dire for younger generations, with over half of Gen Z consumers reporting that they have experienced porch piracy in the last 12 months.

article thumbnail

Scentre Group’s rent collections, visitors up in first nine months

Inside Retail

Westfield operator Scentre Group booked higher rent collections and witnessed more visitors during the nine months to September 30. Gross rent collections grew by $78 million to $2.07 billion while total business partner sales increased 2.3 per cent to $20.2 billion. Annual sales reached a record $28.8 billion as of September 30 and visitors increased by 2.1 per cent to 429 million.

ATS 264
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

TikTok Touts Results of IP Enforcement Efforts

Retail TouchPoints

Facing an impending (although not certain) ban in the U.S., as well as persistent regulatory scrutiny globally for everything from child privacy to forced labor, TikTok could use some positive news coverage. So to nudge things in the right direction, the social platform has shared details about its successes in protecting intellectual property rights on its Shop ecommerce platform.

Shopping 284
article thumbnail

ACCC greenlights Sigma-Chemist Warehouse merger

Inside Retail

Sigma Healthcare and Chemist Warehouse secured clearance from the Australian Competition and Consumer Commission (ACCC) to proceed with their proposed merger after accepting an undertaking. “The ACCC’s analysis found that the proposed merger is unlikely to substantially lessen competition nationally or locally because other pharmacies and non-pharmacy retailers will continue to compete to the same extent they compete now,” said Gina Cass-Gottlieb, ACCC chair. “Critical to

Wholesale 264
article thumbnail

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.

article thumbnail

30-Year Verizon Veteran Shares How Retailers can Turn ‘Just Jobs’ into Careers

Retail TouchPoints

Kevin Zavaglia took his first job with Verizon in 1994 as a junior sales associate, back when the company was still Bell Atlantic. Flash forward 30 years, and Zavaglia has spent nearly his entire career at the retailer, rising up the ranks to become Chief Sales Officer. However, Zavaglia’s single-employer experience is becoming less and less common, particularly in retail, where historically high attrition rates hover at around 60%.

article thumbnail

Amazon’s New Holiday Campaign Shines a Spotlight on Small Acts of Everyday Kindness

Retail Wire

A new and uplifting holiday campaign from Amazon is shining a spotlight on how a small act of everyday kindness can change someone's life.

Shopping 246

More Trending

article thumbnail

Cracker Barrel Reveals Its Holiday Menu for a Limited Time

Retail Wire

Cracker Barrel has launched its limited-time holiday menu, introducing six new dishes designed to add warmth and comfort to the season.

246
246
article thumbnail

Hugo Boss’ net income down 12 per cent in third quarter

Inside Retail

Hugo Boss booked lower net income while sales stood flat in the third quarter amid macroeconomic challenges. Net income fell 12 per cent to €56 million (US$60 million) while sales totaled €1.03 billion, virtually unchanged from the year-ago period. By brand, Boss Menswear’s sales remained flat at €785 million while Boss Womenswear grew 1 per cent to €74 million and Hugo inched 1 per cent higher to €171 million.

Consumer 130
article thumbnail

Lowe’s Launches Digital Home Platform To Support Its Loyal Customers

Retail Wire

Lowe's is helping its loyal customers manage their homes by introducing the Lowe's Digital Home Platform.

article thumbnail

From “fast fashion” to “fast thrifting”: When will we learn?

Inside Retail

Thrifting is huge right now. US thrift giant Savers has opened two new megastores in Australia this year, and the “Got it at Vinnies” campaign is transforming charity shops into trendy vintage hotspots. It feels like every other Instagram story is about someone’s latest thrifted finds – at least on my feed. And it’s not just Gen Z and millennials who are into it.

article thumbnail

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

article thumbnail

Toyota Blames Production Issues for Weak Quarter Results

Retail Wire

Toyota's profit dropped in the last quarter compared to the same period last year.

264
264
article thumbnail

Retail industry groups launch ‘Be Kind in Retail’ campaign

Inside Retail

Industry groups have launched the ‘Be Kind in Retail’ campaign ahead of the Christmas season, reminding customers to be kind to retail workers. The bodies are the Shopping Centre Council of Australia (SCCA), National Retail Association (NRA), Australian Association of Convenience Stores (AACS), Australian Security Industry Association Limited (ASIAL), Pharmacy Guild of Australia, and Building Service Contractors Association of Australia (BSCAA).

article thumbnail

Wendy’s Honors Active & Retired Military With Free Breakfast on Veterans Day

Retail Wire

Wendy's is also thanking active and retired military for their service.

246
246
article thumbnail

Chantel Shafie on her namesake jewellery brand’s journey to go global 

Inside Retail

Chantel Shafie’s journey into fine jewellery design began with her studies in college but truly took shape in 2010. Noticing a gap in the Hong Kong market for design-focused jewellery, she collaborated with a local workshop renowned for heirloom pieces and custom bridal jewellery for private clients. Inside Retail: What inspired you to start designing fine jewellery in 2010?

Boutique 130
article thumbnail

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.

article thumbnail

Reese’s Released a Deconstructed Peanut Butter Cup Kit That Sold Out Instantly

Retail Wire

Ready to make your own Reese's Peanut Butter Cup?

264
264
article thumbnail

How True Religion aims to be the latest Y2K-era brand to make a comeback

Inside Retail

True Religion is just the latest in a wave of popular, Y2K-era fashion labels experiencing a revival at the moment. The apparel brand entered the retail scene in 2002 and quickly became known for its vintage-inspired denim with wide, white stitching and recognisable smiling Buddha and horseshoe logos that were endorsed by celebrity icons such as Paris Hilton, Jessica Simpson and 50 Cent.

Fashion 130
article thumbnail

National Sandwich Day Was November 3. Here Are Ongoing Sandwich Deals From Popeyes, Subway, & More

Retail Wire

National Sandwich Day promotions aren't just for one day.

article thumbnail

Boots unleash their magic of beauty festive campaign

Retail Focus

Boots has released its 2024 festive marketing campaign, “The Christmas Makeover ”, unleashing the magic of beauty with actor and Bridgeton star, Adjoa Andoh as Mrs. Claus in a wonderland of Boots beauty. The film follows Adjoa as she leads her trusty squad of beauty elves in her Christmas “Werkshop”, reminding viewers that Boots has a present for every kind of beauty enthusiast.

article thumbnail

Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

article thumbnail

Sainsbury’s profit edges up as it claims ‘biggest market share gains in industry’

Retail Gazette

Sainsbury’s sales and profits edged up in its first half as it claimed to be making “the biggest market share gains in the industry” The grocery giant ‘s retail underlying operating profit hit £503m, up 3.7%, driven by strong grocery volume growth, though this was partially offset by a lower contribution from Argos. Retail sales, excluding fuel, advanced 3.1% with grocery up 5%, but general merchandise and clothing sales were down 1.5%.

Marketing 138
article thumbnail

Shake Shack Offers Limited Holiday Merchandise and Themed Shakes

Retail Wire

Looking for the perfect gift for the fast-food fan in your life? Shake Shack merch is here!

147
147
article thumbnail

M&S profits soar as it sees ‘strongest value perception’ in a decade

Retail Gazette

M&S half-year profits surged as clothing and food sales continued to soar, delivering their fourth consecutive year of market share growth. Profit before tax and adjusting items was up more than 17% at the retail giant for the half ended 28 September, hitting £407.8m. Sales climbed 5.8% to £6.52bn. Food revenue jumped 8.1% and adjusted operating profit in the division rose more than a third (34.5%) to £213.1m as it witnessed its “strongest value perception in over a decade” Cloth

Returns 124
article thumbnail

27% of shoppers will switch retailers, abandon purchase if they come across locked-up products: report

Retail Dive

More than half of consumers report seeing more merchandise locked up in stores in the past year, according to a recent survey from Numerator.

Consumer 133
article thumbnail

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.

article thumbnail

Next launches The Cotswold Company online

Retail Gazette

Next has partnered with The Cotswold Company to launch the homeware brand’s ranges online. The high street giant is currently selling a selection of Cotswold’s bedroom, dining and living room furniture. The Cotswold Company said this will be expanded to include its premium accessories in the new year and that online orders will be fulfilled by the brand.

article thumbnail

H Beauty Joins Silverburn

365 Retail

Henderson Park , the international private equity real estate firm, and Eurofund Group , the pan-European investment and development company, have announced the addition of H beauty to Silverburn in Glasgow. The Harrods-owned beauty brand will occupy 22,500 sq ft of the former Debenhams unit, marking the flagship store’s sixth location and expanding Silverburn’s beauty and lifestyle offering.

Location 109
article thumbnail

Frasers blasts ‘desperate’ Boohoo and demands approval on brand break up

Retail Gazette

Frasers Group has written another open letter to Boohoo demanding shareholders get approval before the group sells any of its assets and that it hire independent advisers to ensure fair terms, as it claims: “Desperate people do desperate things.” The Mike Ashley controlled group, which owns 27% of Boohoo, accused the retailer having an “utter disregard for shareholder views” It said: “Boohoo and its shareholders deserve better.” The letter reads: “The di

Fashion 111
article thumbnail

CVS Health Releases Third-Quarter Earnings, Announces New Aetna President

Retail Wire

CVS Health reported an uptick in overall revenue for the quarter.

130
130
article thumbnail

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.

article thumbnail

Asda demands 3 day return to office and reveals job cuts

Retail Gazette

Asda has asked staff to return to the office a minimum of three days per week and had made job cuts in head office. The supermarket revealed the news in an internal email yesterday (5 November), with the changes impacting over 5,000 office staff members across three areas in Leeds and Leicester, effective from January. In a message to staff, Lord Rose explained the grocery giant was making office attendance compulsory at the George House site in Leicester and Asda House and Britannia House offic

Returns 105
article thumbnail

Applebee’s Offers Free Meals to Active & Retired Military for Veterans Day

Retail Wire

Applebee's is thanking the veterans for their service.

130
130
article thumbnail

M&S eyes cost-savings to cover £60m hit to National Insurance bill

Retail Gazette

M&S is searching for new cost-saving measures to pay the extra £60m piled upon its National Insurance bill following changes introduced in last week’s Budget. CEO Stuart Machin said the business plans to manage this new expense through finding savings rather than raising prices for consumers. “We don’t want to pass on these costs to our customers.

Consumer 105
article thumbnail

Building the Road to Global Small Business Utopia with AI and Fintech

LS Retail

©iStock/ipopba Could artificial intelligence help global small business owners gain the insights they need to operate more efficiently and grow? In the updated edition of Fintech, Small Business & the American Dream , Karen Mills looks at evolving technology and how it might power this critical engine of the US economy.

ATS 96
article thumbnail

How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!