Tue.Jul 30, 2024

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Unionized Virginia Costco Employees Vote to Strike

Retail TouchPoints

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.

ATS 333
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7-Eleven trials next next-gen Pay & Go tech

Inside Retail

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.

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Saks Shifts San Francisco Store to Appointment-Only in Response to Area Crime

Retail TouchPoints

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.

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These Are the Worst Foods To Order at Subway

Retail Wire

A Subway employee tips off its customers.

ATS 277
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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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Blue Jeans Go Green: Target Launches Denim Take-Back

Retail TouchPoints

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.

Apparel 278
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Retail turnover slightly up in June as EOFY sales boost spending

Inside Retail

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.

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Stop Waiting on Advertising. New Products Should Fly off the Shelf. 

Retail TouchPoints

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.

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IKEA Focuses on Sleepeasy With New Pop-Up Event

Retail Wire

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.

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Dior, the Queen and David Jones: How the retailer is preserving its legacy

Inside Retail

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.

Fashion 209
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Delta Seeks Outage Damages From Microsoft, CrowdStrike

Retail Wire

The airline plans to sue both Microsoft and CrowdStrike for damages.

Planning 258
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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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Starbucks sales decline driven by cautious consumers

Inside Retail

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.

Consumer 147
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Pizza Hut Japan Launches New Collaboration With Tamagotchi, Featuring Pink-Dough Pizza

Retail Wire

Pizza Hut's new unique collaboration is sure to entice customers.

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Unmanned stores: future of retail or solution searching for problems?

Inside Retail

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.

Checkout 147
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Despite Inflation, Pet Owners Haven’t Stopped Spending

Retail Wire

While inflation continues to erode the U.S. dollar and force budget reductions, many pet owners are refusing to surrender.

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

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.

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Axel Arigato opens flagship store in Covent Garden’s Seven Dials

Retail Focus

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.

Outdoor 147
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Sprouts Shares Positive Q2 Financial Results

Retail Wire

Sprouts Farmers Market, Inc. reported robust second-quarter results ending on June 30, 2024.

Marketing 147
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The Art of Retail: Pop Mart Opens New Store at the Louvre as Olympics Kick Off

Retail TouchPoints

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.

ATS 147
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JetBlue Airways Financial Results and Expansion Plans

Retail Wire

JetBlue Airways reported its second quarter 2024 results, highlighting its improvements and how it managed to exceed its guidance targets.

Planning 147
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Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions

Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.

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SpaceandPeople Bring Full End-to-End Retail Solutions to over 300 Prime Locations Across the UK and Europe

Retail Focus

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.

Location 147
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55% of Gen Z have made an online purchase while browsing social media

Retail Dive

A new survey from Walmart and Morning Consult indicates that social media is becoming a key platform for product discovery.

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M Core transforms Retail Centre in Washington in time for 50th Anniversary

Retail Focus

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.

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Why US retailers are walking back their DEI efforts and what the future holds

Inside Retail

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.

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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

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.

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Johnnie Walker Maker, Diageo, Posts Largest Sales Drop Since the Pandemic

Retail Wire

As inflation and high interest rates force many to find ways to cut spending, it appears alcohol is also losing its buzz.

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Carpetright’s collapse leaves customers, suppliers, and landlords £213m out of pocket

Retail Gazette

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.

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FDA Warns of Patients Overdosing Compound Versions of Injectable Weight-Loss Drugs

Retail Wire

Incorrect dosing appears to be at the heart of patient problems with compounded weight-loss injectables.

ATS 130
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Morrisons expands Just Eat tie-up to 380 supermarkets

Retail Gazette

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

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Turn Your Website Into a Money-Maker: Tips for Small Business Success

Your website can be more than just a digital presence—it can be a thriving profit center. Discover proven strategies to monetize your website, whether you sell physical products, digital downloads, or services. Learn the importance of user-friendly design, high-quality content, and tailored marketing to meet audience needs and boost engagement. Explore options like e-commerce, affiliate marketing, and subscriptions, and use analytics to optimize for success.

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Beyond ‘remains in the red’ as it prepares to relaunch Zulily

Retail Dive

The company said it hit its Q2 revenue target and improved its bottom line, but sales are in decline.

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John Lewis launches pre-loved designer bags online

Retail Gazette

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.

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Joann CFO out amid leadership revamp

Retail Dive

The crafts retailer, fresh out of bankruptcy, has brought on new executives in tech, operations and merchandising.

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Campari VP talks Gen Z consumer, value of authenticity in retail customer experience

Retail Customer Experience

Focusing on Gen Z is crucial as the generation is setting trends that influence broader consumer behavior, according to Andrea Sengara, VP of marketing at Campari America.

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

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