Retail TouchPoints
JANUARY 9, 2024
CMOs are working with limited spending power, prompting a critical examination of resource allocation and a quest for cost-effective yet high-impact solutions. Gartner reveals that 71% of CMOs believe they lack sufficient budgets to fully execute on advertising strategies, and GroupM expects U.S. ad spending to increase 5.1% in 2024, lower than India, China, Germany and Brazil.
Inside Retail
JANUARY 9, 2024
Pureplay fashion retailer The Iconic has committed to refund customers after fraudulent orders were made on their accounts. The online merchant said that it saw an increase in fraudulent login attempts on its site but denied any data breach, or ‘hack’ “We have recently seen an increase in fraudulent account login attempts on The Iconic, which our security and fraud teams continue to actively manage, in conjunction with our security partners,” a spokesperson said in a stat
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Retail TouchPoints
JANUARY 9, 2024
Solo Brands , a company with a portfolio of lifestyle brands including Solo Stove , Chubbies , Oru Kayak , ISLE and Icy Breeze , has announced that President and CEO John Merris will step down from his post, effective Jan. 15, 2024, when Christopher Metz, who most recently served as CEO of Vista Outdoor Inc., will take over. Metz has more than 25 years of experience leading consumer and durable goods companies.
Tokinomo
JANUARY 9, 2024
"Omnichannel" – you've probably heard this term a lot, in meetings, online, maybe even used it yourself. It's become a buzzword, but what does it really mean? In this article, we're going to clear up the confusion. We'll explain exactly what omnichannel commerce is, and how it's different from multichannel and single-channel commerce.
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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 9, 2024
The COVID-19 pandemic has, for all intents and purposes, ended. But the supply chain disruptions that it exacerbated have not fallen by the wayside as easily as disposable masks did, with the global movement of goods continuing to be impacted by one challenge after another — from war and terrorist attacks to drought. As the Head of Supply Chain for Alibaba ‘s North America B2B business, Yikun Shao is right in the thick of it.
Inside Retail
JANUARY 9, 2024
For Jo Malone, fragrance is her identity. Malone, who received a Most Excellent Order of the British Empire in 2018, built not one fragrance empire but two – first with her namesake Jo Malone label, and now with Jo Loves. Inside Retail asked Malone why it was important to include her name in her brand once again and she answered, “I think it was important for me personally as I wanted to claim identity for my creativity.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail Wire
JANUARY 9, 2024
Sonic Drive-In, the popular fast-food chain, is introducing a new combination to its menu: a peanut butter and bacon cheeseburger.
Retail TouchPoints
JANUARY 9, 2024
E.l.f. Cosmetics are apparently so highly prized that they push otherwise law-abiding citizens into stealing — well, “unauthorized borrowing” — by roommates and family members. The real-life prevalence of all this post-purchase theft has inspired E.l.f. Cosmetics to produce a true crime mockumentary, Cosmetic Criminals , now available on Amazon Freevee and YouTube.
Retail Wire
JANUARY 9, 2024
SHEIN, a major player in the fast-fashion e-commerce world, is reportedly exceeding $30 billion in annual sales.
Retail TouchPoints
JANUARY 9, 2024
Albertsons Media Collective , the retail media arm of the Albertsons Companies , has teamed up with commerce media solution Criteo to expand its onsite retail media offerings. Criteo will support Albertsons Media Collective’s onsite sponsored ad offerings and help the division expand to newer ad formats, such as commerce display and sponsored video, in the coming months through integrations with Criteo’s demand- and supply-side offerings.
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Retail Wire
JANUARY 9, 2024
The popular insulated tumbler is causing a commotion among shoppers who are being duped by fakes in search of the real thing.
Retail TouchPoints
JANUARY 9, 2024
Pacsun will deploy the iD Cloud Store solution from Nedap as it seeks to improve inventory accuracy and gain RFID-powered operational insights to inform replenishment decisions. The chainwide rollout is expected to be completed in Q1 2024. The youth-oriented retailer chose the Nedap solution for its ability to help improve inventory accuracy and enhance omnichannel fulfillment capabilities, including increased usage of buy online, pick up in-store (BOPIS) functionality.
Retail Wire
JANUARY 9, 2024
The United States economy continues to be a source of concern for small businesses, with the ongoing worker scarcity and relentless inflation feeding into their pessimism. A slight rise in the Small Business Optimism Index was reported for December, but the atmosphere remains gloomy.
Inside Retail
JANUARY 9, 2024
American actress Madelyn Cline is the newest Revlon global brand ambassador, joining Ashley Graham and Megan Thee Stallion as faces of the American beauty label. Cline – best known for her roles as Sarah Cameron on Netflix’s series Outer Banks and Whiskey in Glass Onion: A Knives Out Mystery – has left her mark on several high-profile, cult, and popular TV and movie projects over the past four years.
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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.
Retail Wire
JANUARY 9, 2024
JetBlue Airways recently announced that their CEO, Robin Hayes, will relinquish his post in the coming month. Joanna Geraghty, who currently serves as the chief operating officer, will succeed Hayes as the top executive.
Inside Retail
JANUARY 9, 2024
A delicious revolution in the booming wellness category is underway, spearheaded by Haircarebear. The Australian brand, renowned for its innovative approach to delivering supplements through delectable gummies, has set its sights on the flourishing market of Malaysia. A strategic alliance with Watsons Malaysia has opened the doors to a host of opportunities, marking a significant milestone in the brand’s global expansion journey.
Retail Wire
JANUARY 9, 2024
Hewlett Packard Enterprise, also known as HPE, is in the middle of discussions to acquire Juniper Networks in a transaction that values the network equipment producer at about $13 billion.
Inside Retail
JANUARY 9, 2024
Ready, set, tablescape. Australian homewares brand In The Roundhouse is creating a new category of stylish dinnerware – from plates and side dishes to cutlery and napkins – designed to capture the social media generation’s attention. Alyce Tran and Brooke Bickmore ,the duo behind the viral brand, are best friends turned business partners. The origin story of In The Roundhouse began eight years ago when co-founder Bickmore was looking to set up her new apartment and couldn’t find what she
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 9, 2024
Samsung Electronics, the South Korean tech giant, said that it expects a significant 35% drop in its operating profit for the last quarter of 2023.
Inside Retail
JANUARY 9, 2024
Japan’s storied department stores are riding a wave of overseas tourists, and although there is no sign yet of a wipeout, the cautious pronouncements of company executives indicate that it’s a wave they can’t ride on indefinitely. For sustained revenue and profitability growth, they know that the fashion segment needs to be kept relevant for domestic middle-class customers, and that diversification into other complementary businesses is an important engine of growth.
Retail Wire
JANUARY 9, 2024
The Tesla and SpaceX CEO is reportedly under fire by the Wall Street Journal regarding alleged drug use, which he denies.
Inside Retail
JANUARY 9, 2024
Celebrities including Taylor Swift, Margot Robbie and Beyonce are topped the list of online beauty influencers last year. Research conducted by beauty and wellness marketplace Fresha, evaluated the number of online publications mentioning the beauty routines of more than 100 of the most influential celebrities of last year, combining each celebrity’s name with terms such as ‘skincare’, ‘beauty routine’ and ‘makeup’ Taylor Swift officially has the most ta
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Retail Wire
JANUARY 9, 2024
The world-leading golfing legend Tiger Woods has had a long-standing, fruitful endorsement deal with the iconic sports brand Nike for almost three decades, but the two have decided to part ways on good terms.
Inside Retail
JANUARY 9, 2024
Retailers worldwide are stocking up on goods before China’s Lunar New Year holiday and seeking air or rail alternatives to transportation via the Red Sea in a scramble to avoid empty shelves this spring, executives and experts told Reuters. One European retailer said it was delaying marketing campaigns for some specific goods until stocks were secured.
Retail Gazette
JANUARY 9, 2024
M&S has rolled out its ‘Refilled’ scheme to a further 19 shops, including its new Liverpool One flagship, after a successful trial across six stores in 2022. The scheme, run in partnership with Reposit , aims improve the retail titan’s sustainability commitments to reduce and remove plastic packaging and covers own-brand cleaning and laundry items.
Inside Retail
JANUARY 9, 2024
Collaboration and reinvention through marketing can make or break a brand, and paramount to this is remaining authentic and evolving with the times. Retail has continued to boom online over the past decade, and businesses are getting creative as to how they can keep customers loyal. Australian watch brand Maxum recently reopened its online store, providing a direct-to-customer sales (DTC) channel after years of only being available through retail partners.
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 9, 2024
WHSmith has launched its brand-new hospital coffee shop format in Sheffield which is set to roll out across the UK. The new District Market Coffee concept has opened in Sheffield Northern General Hospital, featuring a 1084k sq ft “high-quality coffee shop and café” for those visiting or staying at the hospital. Offering food and drink for both dine-in and takeaway and a 10% NHS discount across all products, a second café is set to open in Sheffield Royal Hallamshire Hospital in the coming weeks,
Retail Wire
JANUARY 9, 2024
After a two-year decline from record highs, used vehicle prices are expected to creep back up to stabilize this year.
Retail Gazette
JANUARY 9, 2024
Tesco has slashed the prices on over 150 everyday own-brand items as it looks to help customers reduce the cost of their weekly shop as they go into 2024. The supermarket has reduced the prices of selected fresh fruit and vegetables, as well as cupboard staples like coffee, bolognese sauce and cereal by an average of 12.5%. Tesco chief commercial officer Ashwin Prasad said: “After the expense of Christmas, January can really stretch family budgets and families are looking for great value more t
Retail Dive
JANUARY 9, 2024
As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior.
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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.
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