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In a “near unanimous” vote, Costco employees in Norfolk, Va. represented by Teamsters Local 822 have authorized a strike following more than eight months of negotiations, according to the union. Nearly 250 Costco warehouse workers voted to join the union in January 2024. Additionally, Teamsters Local 174 also is in negotiations for more than 150 Costco drivers in Sumner, Wash., who voted to join the union in April 2024.
7-Eleven Australia has launched a 10-store trial of the next generation Pay & Go technology to test new ways to give customers a faster way to shop. The new tech uses computer vision to enable customers to pay for their purchases without scanning items. Customers simply tap their debit or credit card or use the app to pay. The system automatically adds up the items, processes payment, and sends the receipt to the customer.
From Aug. 4-10, Target will accept up to five used denim items in exchange for a 20% discount code on new denim apparel purchases, delivered via its Target Circle loyalty program. The offer, which must be redeemed by Aug. 10, covers apparel in any condition and from any manufacturer, including both Target-owned brands and national brands like Levi’s.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
Saks Fifth Avenue is switching its downtown San Francisco location to an appointment-only format beginning Aug. 28 in what is believed to be a first for a department store. The move was reportedly prompted in large part by a rash of crime and a resulting decline in foot traffic in the Union Square shopping district where the store is located. The same circumstances already have prompted the closure of nearly 40 other retailers’ stores, including Macy’s , Anthropologie and Nordstrom.
Australia’s retail turnover slightly increased in June as end-of-financial-year (EOFY) sales boosted spending. Australian Bureau of Statistics (ABS) data showed that retail spending totalled $36.2 billion during the month, up 2.9 per cent year on year. The ‘other’ category, which includes cosmetics, sports and recreational goods, saw the strongest growth of 6.3 per cent, with sales hitting $5.68 billion.
Australia’s retail turnover slightly increased in June as end-of-financial-year (EOFY) sales boosted spending. Australian Bureau of Statistics (ABS) data showed that retail spending totalled $36.2 billion during the month, up 2.9 per cent year on year. The ‘other’ category, which includes cosmetics, sports and recreational goods, saw the strongest growth of 6.3 per cent, with sales hitting $5.68 billion.
Every retailer’s nightmare is a shelf stocked with products that just won’t budge — yet it’s a reality facing many retailers. Even with research tools and ad tactics galore, new products still fail to resonate with consumers at an alarming rate. In fact, more than 90% of new products fail to significantly impact sales. (Womp.) This unfortunate statistic can’t be blamed solely on poor research methods or an over-emphasis on awareness-driving tactics.
IKEA U.S. is making new strides in the furniture retail market by launching The IKEA Sleepeasy, an immersive pop-up event that will take place in New York in August.
In an industry that has undergone as many changes in the past decade as fashion, investing in the next generation of talent is a key way for retailers to remain relevant. The launch of the David Jones and Powerhouse Australia Design Commission is the latest example of this. On Tuesday, David Jones announced a $300,000 investment into the next generation of Australian designers as part of a broader partnership with the Powerhouse Museum.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Starbucks Corporation has posted a decline in comparable store sales for the third quarter driven by reductions in both the US and China. The company’s global comparable store sales for the 13 weeks ended June 30 were down 3 per cent year on year, extending a 4 per cent decline in the second quarter. This included a 5 per cent drop in comparable transactions, partially offset by a 2 per cent increase in average ticket.
While unmanned stores are experiencing a stall globally, Singapore has experienced an increase in self-checkout stores over the past year. Fairprice Group’s convenience store chain Cheers, which has operated unmanned stores since 2017, announced plans to open 13 more in partnership with the Singapore Armed Forces (SAF) this year. The company stated that Cheers’ unmanned stores currently serve tens of thousands of customers in Singapore each month.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Shaftesbury Capital has announced that Axel Arigato, the global Swedish footwear brand, has opened its flagship store at 21-23 Earlham Street in Covent Garden’s Seven Dials neighbourhood. Located in the heart of Seven Dials in an anchor unit opposite the iconic sundial pillar, the launch of the international lifestyle brand underscores Covent Garden’s status as the leading destination for flagship stores from innovative, world-class concepts.
Collectibles brand Pop Mart has opened its fourth Parisian store in the Louvre just in time for the Paris 2024 Olympics. Opened on July 27, 2024, the day after the Olympics opening ceremony — which ranged across a number of iconic Paris locations, including the Louvre — the new store is located in the Carrousel du Louvre, near the museum’s secondary entrance and iconic glass pyramid.
When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
SpaceandPeople , leaders in delivering high footfall spaces to retailers for nearly 25 years, has created a revolutionary new end-to-end service for brands and businesses who want a fully flexible physical mid mall retail solution. Rock Up and Pop Up has been specifically designed to allow any business – regardless of size or budget – to bring a tailored, in-person retail experience to shopping venues and travel hubs across the UK and Europe.
M The Galleries , Washington, (formerly known as The Galleries) is preparing to mark its 50 th anniversary this month (23 rd July) with a new brand and an enhanced tenant line-up. The centre, which was acquired by national commercial property and investment collective, M Core , in 2022, has undergone a number of significant changes in the last two years.
Diversity, equity and inclusion (DEI) in retail is at a “critical moment”, according to Nikki Porcher, the founder of Buy From A Black Woman, a non-profit that aims to bring awareness to Black women business owners in the US. Porcher’s comment comes in response to last month’s announcement by Tractor Supply Company that it was backtracking on its DEI efforts.
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
Carpetright suppliers, customers and landlords have been left £213m out of pocket following the chain’s collapse. Hundreds of unsecured creditors,including Royal Mail and Microsoft, are set to recover less than 1p in the pound of their debts, according to administrators’ proposals seen by The Times. When the flooring specialist collapsed last week, carpet suppliers Betap and Condor were owed £1.9m and £1.1m respectively.
Morrisons has expanded its partnership with Just Eat to include groceries from its stores, as well as deliveries from its cafés and convenience stores. The tie-up was initially launched in Morrisons cafes back in 2022, followed by 60 of its convenience stores in December 2023, with the partnership now serving almost 700 Morrisons Daily sites. Going forward, on-demand delivery from the takeaway company will also be available from 380 Morrisons supermarkets across the UK, with shoppers able to pur
Creating SEO-friendly content is key to improving your website’s visibility and attracting more visitors. This guide walks you through best practices for writing optimized content, including keyword placement, proper formatting, and engaging writing techniques. Whether you’re crafting blog posts, landing pages, or product descriptions, these proven SEO strategies will help your content rank higher and keep readers engaged.
John Lewis has launched its first range of pre-loved designer handbags and expanded its second-hand jewellery collection online. The department store retailer has partnered with luxury reseller Sign of The Times to allow customers to shop over 150 options of second-hand designer pieces from the likes of Chanel, Christian Dior, Saint Laurent and Gucci.
Mike Ashley’s Frasers Group has upped its stake in Boohoo to more than 25% as it continues to build on its “strategic investment” into the fashion retailer. The retail giant – which is the largest shareholder in the online business – increased its holdings from 24.04% to 25.02% on Friday (26 July). The group has been steadily building its holding in Boohoo since it first made a “strategic investment” in June 2023.
AI is rapidly transforming digital commerce, but how do you separate real opportunities from hype? Moderated by Orium, AI for Commerce: Foundations, Aspirations, and Hype , experts from Bloomreach , commercetools , Contentstack , and Fluent Commerce explores where AI is already delivering results and where its potential is still unfolding. This masterclass dives into proven AI applications, emerging innovations , and the gaps between promise and reality in commerce.
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