Retail TouchPoints
JANUARY 5, 2024
Personalization is at something of a crossroads. The New Year saw a key step in the coming deprecation of third-party cookies, which have been one of marketers’ most powerful tools for tracking online activity for many years. A small group ( 1% ) of Google Chrome users are now eligible for Tracking Protection , which restricts the use of these cookies by default.
Retail Wire
JANUARY 5, 2024
The nation has witnessed a widespread uptick in fast-food prices, primarily attributed to the escalating operational costs, especially labor.
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Retail TouchPoints
JANUARY 5, 2024
Aldi International Buying Asia , the discount supermarket’s Hong Kong-based hub for sourcing Asian products and global ocean freight logistics, has adopted the One Network Intelligent Control Tower on the solution provider’s Digital Supply Chain Network. The technology will help Aldi centralize global shipping volume, increase cost transparency and improve its control over the movement of goods throughout the supply chain, as well as develop a strategic ocean freight procurement strategy.
Retail Wire
JANUARY 5, 2024
AMC Entertainment Holdings Inc.'s stock is plummeting. The company's shares marked a record low yet again this Thursday, closing at a meager $5.30, down by 5%. This makes it the fourth day in a row of losses for the movie theater chain.
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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 TouchPoints
JANUARY 5, 2024
Supply chains have always been critically important. When retailers invest correctly, logistics presents the opportunity for not only hard cost savings but long-term value creation as organizations find innovative ways to deliver products into the hands of consumers. Logistics operations have been the backbone of our global economy for centuries. And while mainstream audiences have only recently started to grasp the vital role they play in our daily lives, we have actually made more improvements
Retail Wire
JANUARY 5, 2024
Costco workers in Norfolk, Virginia, voted to improve working conditions at the wholesale retail chain in December by unionizing, and the response from Costo was surprising yet went down very well with workers.
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Retail Focus
JANUARY 5, 2024
Ghalia BOUSTANI. Senior Retail Consultant at Univers Retail | Published author | Visiting lecturer. Luxury retail has undergone a significant transformation driven by digital technology and changing consumer expectations. The term ‘phygitalisation’ is used to describe the fusion of physical and digital realms to create a seamless and enhanced customer experience.
Retail TouchPoints
JANUARY 5, 2024
Walmart has teamed up with gaming development platform Unity to offer its developers the ability to integrate Walmart commerce functionality into the games and apps they build. Unity is one of leading platforms for the development of real-time 3D content, with a suite of software and AI solutions that enable game and app developers to build and run immersive 2D and 3D content and experiences for mobile phones, tablets, PCs, consoles and augmented and virtual reality devices.
Retail Wire
JANUARY 5, 2024
Eli Lilly is primed to redefine the traditional drug distribution model by vending their medicines, particularly their burgeoning weight-loss drugs, directly to consumers.
Retail TouchPoints
JANUARY 5, 2024
Private equity firm Sycamore Partners has completed its acquisition of Chico’s FAS in an all-cash transaction valued at $1 billion. The Chico’s , White House Black Market and Soma brands will now join the KnitWell Group , a holding company Sycamore Partners created for the Ann Taylor , Loft and Talbots brands in September 2023. With the addition of the Chico’s brands, KnitWell generates approximately $6 billion in annual sales.
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Retail Wire
JANUARY 5, 2024
From music to menswear, Pharrell Williams marries his talents to make his mark in the fashion industry with his spring 2024 menswear collection for Louis Vuitton.
Retail TouchPoints
JANUARY 5, 2024
Helsinki-based Amer Sports , parent company of brands including Wilson , Salomon , Peak Performance and Arc’teryx , has filed for an IPO with the U.S. Securities and Exchange Commission. No information about the number of shares to be offered, their price or the IPO’s date is currently available. The company’s sports and outdoor brands offer apparel, footwear, equipment, protective gear and accessories and employ 10,800 people globally.
Inside Retail
JANUARY 5, 2024
UK-based women’s fashion retailer PrettyLittleThing went to Fiji to shoot its Australian-exclusive campaign featuring five local influencers. The campaign highlights a curated selection of swim and resort wear for the Australian summer season, from monochrome bikinis to edgy cobalt blue cut-out one-pieces. The edit sees trending crochet cover-ups with Y2K-inspired silver statement suits for the ultimate it-girl holiday wardrobe.
Retail Wire
JANUARY 5, 2024
Florida has gained the right to import substantial amounts of medications from Canada, thanks to the authorization given by the FDA.
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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.
Inside Retail
JANUARY 5, 2024
Old sport, New Balance approach. New Balance recently signed a three-year deal as the official performance apparel and footwear provider of the Australian Open and United Cup. This means the brand will have a retail presence at the Grand Slam Oval and a custom AO co-branded line of apparel. This partnership will also have the brand kitting out the ball kids at the United Cup played in Sydney and Perth between December 2023 and January 2024.
Retail Gazette
JANUARY 5, 2024
Asda private equity owner TDR Capital is set to give evidence to the Business and Trade select committee on 9 January. The move follows evidence given by both GMB Union and the grocer’s bosses at a committee session before Christmas, which Asda co-owner TDR Capital did not attend. GMB national officer Nadine Houghton said: “It’s right that MPs will finally get the chance to hold TDR Capital to account on their co-ownership of Asda. “Too often shadowy private equity bosses are a
Retail Wire
JANUARY 5, 2024
Consumer Reports has been keeping an eye on bisphenols and phthalates in our food and food packaging for the last 25 years. Their recent tests indicate that despite known health dangers, these chemicals remain prevalent in our food.
Retail Gazette
JANUARY 5, 2024
Asda has become the first supermarket to price match both Aldi and Lidl across hundreds of everyday products. The supermarket is price matching the discounters on 287 comparable grocery products from today, having cut costs by an average of 17% to match whichever discounter has the lowest price on these items. Goods such as milk, bread, cheese, tea, coffee and fresh meat are included in the Aldi and Lidl price match.
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 Wire
JANUARY 5, 2024
Chip Wilson, the founder and former CEO of the fitness apparel company Lululemon, does not seem to agree with the company's stance on diversity and inclusion.
Retail Gazette
JANUARY 5, 2024
Next boss Lord Simon Wolfson has cautioned that the attacks on container ships in the Red Sea are set to delay stock deliveries and hit first quarter sales. The chief executive said it could take another two to two and a half weeks for its stock to reach the UK if ships are forced to continue bypassing the Red Sea. He said the attacks by Houthi rebels, which have forced ships to travel around Africa instead of through the Suez Canal, could result in “moderate sales” at the start of the year if t
Retail Wire
JANUARY 5, 2024
The customer has filed a negligence lawsuit against the popular coffee chain.
Miller Zell
JANUARY 5, 2024
Citizens uses sponsorships to activate its brand outside of bank branches, and it partnered with Miller Zell to make a digital impact at the New York City Marathon.
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Retail Customer Experience
JANUARY 5, 2024
By leveraging first-party data and using AI in personalizing recommendations, inventory forecasting, and optimizing pricing, retailers can improve sales and reduce customer churn.
Retail Dive
JANUARY 5, 2024
The company behind Wilson tennis rackets and Arc'teryx winter sport apparel is focused on adding physical stores and growing its DTC presence.
Retail Customer Experience
JANUARY 5, 2024
When it comes to 2024 retail customer experience leaders expect AI to play a starring role given its prominence in 2023.
Retail Dive
JANUARY 5, 2024
Last year the private equity firm announced it would acquire the apparel conglomerate for $1 billion.
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 Gazette
JANUARY 5, 2024
Plans for a £90m renovation of Oxford Street this have been given the green light by two thirds of respondents to a consultation of local people, businesses, and visitors. Westminster City council is set to move the programme forward with construction starting this autumn following feedback from over 1,600 people and support for all proposals included in the public consultation.
Retail Dive
JANUARY 5, 2024
Kristie Juster will take on both roles at the product company, while Nike is rethinking its relationship with DTC.
365 Retail
JANUARY 5, 2024
Integrated Systems Europe (ISE) 2024 is gearing up to celebrate its 20th anniversary , marking a pivotal moment for professionals in the pro AV and systems integration sectors, especially those focused on retail. The event is set to take place from January 30 to February 2, 2024, at the prestigious Fira Barcelona Gran Via. This year, ISE promises a deep dive into retail technology and digital innovation, showcasing the latest trends and advancements in the industry.
Retail Dive
JANUARY 5, 2024
The drugstore retailer is offering a free tier and another that costs $5 per month, touting perks like discounts, same-day delivery and other incentives.
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