Mon.Sep 23, 2024

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Amazon is Moving Beyond its Own Walls Like Never Before…What Will it Mean for Retail?

Retail TouchPoints

The major tech platforms, Amazon included, are often referred to as “walled gardens,” offering an immense set of capabilities, services, data and insights — but only to users within the “walls” of their site. However, Amazon is slowly but surely changing that; in fact, very soon, Amazon and its services are going to be showing up in a lot more places that aren’t Amazon — Google, TikTok, DTC websites and even at ports and along freight lines (although the Amazon branding will likely be less promi

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First-Ever Costco With Apartments Set for South Los Angeles

Retail Wire

Plans are moving forward for a new Costco development in Baldwin Village, South Los Angeles, marking the first location to feature residential apartments above the warehouse retail space.

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Premier Investments cancels ex-Smiggle MD’s performance shares

Inside Retail

Premier Investments’ board has decided to forfeit the performance shares issued to former Smiggle MD John Cheston due to his alleged breach of obligations. The total number of shares stood at 113,550 issued in two equal tranches last October 18 and May 29. “The Premier board considers that it is contrary to the purpose and conditions of the [performance rights] plan and otherwise inappropriate for Mr Cheston to receive the benefit of the performance shares that were issued on the afo

Planning 264
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HSN Appoints New Chief Merchandiser

Retail TouchPoints

Qurate Retail Group has appointed Rue Gilt Groupe and Bloomingdale’s veteran Rosalia Bucaro as Chief Merchandising Officer for its HSN banner, effective immediately. She will report to HSN President Stacy Bowe. As Chief Merchandising Officer, Bucaro will oversee the strategic direction of merchandising, planning, programming and business development across all product categories for HSN.

Fashion 259
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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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Rate hold ‘cold comfort’ for retailers

Inside Retail

Retailers said the Reserve Bank of Australia ‘s decision to hold the cash rate at 4.35 per cent will be of little encouragement to the industry as inflationary pressures still persist. “This decision will come as cold comfort to many retailers who may have been fearing a cash-rate increase,” said Paul Zahra, CEO of the Australian Retailers Association (ARA). “Cost-of-living pressures continue to impact the spending habits of Australians, with many households feeling the p

Returns 264
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Tempur Sealy Agrees to Sell 176 Stores in Pursuit of Mattress Firm Acquisition

Retail TouchPoints

Tempur Sealy International will sell 73 Mattress Firm stores and its 103 -store Sleep Outfitters subsidiary to Mattress Warehouse following the completion of Tempur Sealy’s proposed $4 billion acquisition of Mattress Firm, which is being challenged by the Federal Trade Commission (FTC). The planned divestiture is a pre-emptive move to make the deal more palatable to the FTC.

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More Trending

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YouTube Sharpens Appeal to Creators with New Gen AI Tools, Earning Capabilities

Retail TouchPoints

Last week at its annual “Made on YouTube” event for creators, the video platform unveiled a suite of AI-powered capabilities and community tools designed to help creators build their audiences and grow their business. “We’re committed to making sure creativity flourishes, communities thrive, and the creator economy grows on YouTube ,” said YouTube CEO Neal Mohan in a statement.

Shopping 203
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Taco John’s Now Offers Catering: Here’s the Menu

Retail Wire

Taco John’s is now offering a catering option to its loyal customers, featuring beloved menu items.

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Outdoor Retailer Fjällräven Launches Peer-to-Peer Resale Marketplace

Retail TouchPoints

Swedish outdoor apparel and gear retailer Fjällräven has launched Fjällräven Pre-Loved, a peer-to-peer resale marketplace powered by Archive that is designed to give a second life to products and reinforce the brand’s mission to reduce waste and promote circularity. “Since 1960 Fjällräven has believed in creating products built to last with sustainability, durability and timeless design,” said Nathan Dopp, CEO Americas at Fjällräven in a statement.

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KFC India Unveils First-Ever Sign Language Training for Employees

Retail Wire

KFC is the first fast-food chain to introduce this training.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Mastering Promotional Pricing: Proactive Holiday Strategies to Protect Your Profits

Retail TouchPoints

Navigating holiday retail pricing strategies during times of economic uncertainty requires a delicate balance between reacting to market conditions and maintaining profitability. As we approach a period characterized by the looming U.S. presidential election, inflationary pressures and fluctuating interest rates, retailers must adopt a more refined, agile and data-driven approach to pricing and promotions.

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Halloween Spending To Reach $11.6B During Spooky Season 2024

Retail Wire

According to a new survey, Halloween spending has the potential to reach $11.6 billion this year.

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Bacha Coffee bets big on global expansion, more new markets to come 

Inside Retail

Bacha Coffee, managed by TWG Tea’s parent company V3 Gourmet, is betting big on its global strategy, injecting €20 million (US$22.2 million) into its 1500sqm Champs-Élysées store slated to open later this year. The store “is one of a few strategic destinations planned for Europe in the next three years,” Maranda Barnes, chief commercial officer of V3 Gourmet, told Inside Retail.

Marketing 130
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Starbucks Reserve News Roundup: New Flavors & Location

Retail Wire

Starbucks Reserve looks to be increasing its offerings and footprint under the radar.

Location 248
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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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Zambrero opens 300th global restaurant

Inside Retail

Mexican feel-good franchise Zambrero opened its 300th restaurant globally on 18 September. The newest location is on Glenferrie Road, Hawthorn, Melbourne with experienced Zambrero franchisee Luke Grady at the helm. Grady owns 10 restaurants and has been involved with the brand since 2015. “We’re very excited to open the 300th restaurant in Hawthorn.

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Kmart Closing Last Full-Size US Store in October

Retail Wire

Once a fierce rival of Walmart, Kmart's decline is nearly complete.

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What retailers need to know about the latest battle over supermarket prices

Inside Retail

The Australian Competition and Consumer Commission’s (ACCC) allegations that Woolworths and Coles breached the Australian Consumer Law by making misleading claims about discounts come as retailers head into their most promotional period of the year and serve as a warning to the wider industry. The ACCC has alleged that the two supermarkets offered certain products at a regular price for at least 180 days before increasing the price of the product by at least 15 per cent for a relatively short pe

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Oktoberfest 2024 Is Embracing Non-Alcoholic Beer

Retail Wire

Festivalgoers can now find several non-alcoholic beer beverages at the biggest beer party on earth.

ATS 147
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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.

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How retailers can help drive $5.5 billion in impact through social procurement 

Inside Retail

Social procurement offers retailers of all sizes and sectors a ‘no-brainer’ way to create positive impact by engaging the goods and services of social enterprises. For example, Cleanable is a social enterprise dedicated to delivering professional cleaning services while also creating jobs for individuals facing employment barriers. Among its clients is Nando’s ANZ, which also works with Green Connect, a social enterprise that helps solve the food waste problem for NSW-based restaurants while als

Consumer 130
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Taco Bell Announces Return of Big Cheez-It Menu

Retail Wire

Taco Bell is only bringing the menu back for a limited time.

Returns 162
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No, not all companies are abandoning diversity, equity and inclusion. Here’s why.

Retail Dive

Amid a high-profile backlash, many businesses are scrutinizing their policies. But the vast majority end up sticking with DEI, in part because it’s key to growth.

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TikTok Shop takes on Prime Day with ‘one-of-a-kind’ week-long UK sales event

Retail Gazette

TikTok Shop is launching its first week-long sales event in the UK which will see some of the platform’s most popular brands offering exclusive discounts on thousands of trending products. The online giant’s ‘For You Days’ event will run from 23 to 30 September, featuring shopping sessions and one-off discounts from brands including Sweaty Betty , Made by Mitchell and L’Oreal Paris, following the successful US launch of the event this summer.

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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

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Schemata Architects transforms 145-year-old townhouse into Le Labo flagship

Dezeen

Tokyo studio Schemata Architects has combined Japanese and Western designs inside a traditional wooden townhouse in Kyoto to create a store for perfumery brand Le Labo. The building, otherwise known as a machiya, is located in the Kiyamachi area and has been revamped to incorporate Le Labo 's typical finishes while respecting its 145-year-old architecture.

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Oliver Bonas profits drop as it battles rising inflation

Retail Gazette

Oliver Bonas profits fell last year as it battled growing interest rates and high inflation during the period. The fashion firm ‘s profits dropped to £6.8m for the year ended 31 December, compared to £7.6m the year before, however, sales were up 18% to £136m. The results are in stark contrast to the year prior where its profits surged 21% and the retailer flagged that “things are slightly brighter” in the new year.

Fashion 106
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Kenco introduces Kenco gold indulgence into convenience

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Kenco has announced the launch of the Kenco Gold Indulgence instant coffee into the convenience sector with a new 95g jar format. Available to convenience retailers from October with a retail of £4.89*, Kenco Gold Indulgence provides a premium indulgent experience for the instant category.

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Over 150 MPs urge Asda bosses to end equal pay dispute

Retail Gazette

More than 150 members of parliament have called on Asda’s bosses to settle its ongoing gender equal pay legal battle, GMB union reports. According to the union, 159 MPs have written to the supermarket’s majority owners TDR Capital, calling on them to finally end its ‘gender discrimination’ employment case, which is currently in its second stage.

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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

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A Jewish Flight Attendant Is Suing Delta Air Lines. Here’s Why

Retail Wire

Delta Air Lines faces another lawsuit.

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Sainsbury’s Local lands on Coronation Street

Retail Gazette

A Sainsbury’s Local store is making its debut appearance on Coronation Street today (23 September), as part of a product placement partnership with the iconic British television programme. The tie-up, which was unveiled earlier this year, comes as part of Argos renewing its headline sponsorship of the soap opera. The store facade on Victoria Street has been kept under wraps on-screen behind hoardings since July, according to the grocery giant.

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Walmart uses 3D printing for Tennessee store addition

Retail Dive

The 20-foot-high expansion is one of the largest freestanding 3D-printed commercial concrete structures in the U.S., according to Alquist 3D.

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Frasers Group lowers ‘strategic investment’ into Currys

Retail Gazette

Frasers Group has lowered its shares in Currys, just over a year since it made its “strategic investment” into the electricals retailer. The Mike Ashley-controlled group has dropped its holding in the business from 10.9% to just 2.8%. It comes after Frasers snapped up a 9% stake in Currys in June last year, which at the time it labelled a “strategic investment” Related Story Frasers Group hit with audit issues at I Saw it First and Choice 22/09/2024 x 9:50 AM It said its

ATS 104
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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.