Fri.May 10, 2024

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The smell of success: Redical’s Victoria Leeds welcomes Le Labo’s regional debut

Retail Focus

Victoria Leeds, which is owned and operated by Redical, has announced that manufacturers of fine perfumery Le Labo, which is part of The Estée Lauder Company, is set to make its regional debut at the destination. This latest commitment by a premium, global brand demonstrates further confidence in Victoria Leeds and cements the destination’s position as the prime city pitch.

Boutique 147
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Data: From Ecommerce Challenge to Solution

Retail TouchPoints

Does this sound familiar? You have a huge amount of data in different places. Getting and managing the right information for your product catalogs is a time-consuming task, and you aren’t 100% sure your data meets the quality standards necessary to keep each sale from becoming a return: accurate, complete and up-to-date. In 2024, There is a New Way to Manage Data: A Data Management Hub A data management hub, equipped with the appropriate resources, gives companies of all sizes the tools to succe

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Target Removes LGBTQ Pride Month Products From Some Stores

Retail Wire

Target Corporation has made a strategic move regarding LGBTQ-themed merchandise for this year's Pride Month in June.

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Australian AI tech promises a re-imagining of the on-demand shopping experience

Inside Retail

Australian online personal styling service Threadicated has launched its Curated Collection, an AI technology to provide a new personalised shopping experience. The technology, where customers can access selected fashion options without paying a monthly charge, employs artificial intelligence to deliver customised apparel recommendations, allowing people to discover and shop from a store that is matched to their style and budget.

Shopping 263
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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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ALDI Is Cutting Prices on More Than 250 Items To Combat Inflation

Retail Wire

After a period of expansion, ALDI has pledged to help inflation-weary consumers.

Consumer 277
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Crocs Expands Shoe Takeback Program Nationwide

Retail TouchPoints

Following a successful 10 -state pilot that kicked off in October 2023, Crocs has expanded its “Old Crocs, New Life” takeback program to all its stores in the continental U.S. The sites are equipped with designated collection boxes for customers to drop off used Crocs, in any condition, to receive a one-time 10% discount on Crocs products. Customers also can receive a no-cost mail-back kit for used shoes by visiting the Old Crocs, New Life page on the Crocs site.

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Ebay Streamlines Access to Product Data That Helps Sellers List Faster and Better

Retail TouchPoints

Ebay has made it even easier for sellers to access data insights from three years of previous sales across the platform as they craft their listings with the Product Research tool, now available on the Ebay mobile app for both iOS and Android. Previously called Terapeak, the tool was only available on desktop devices prior to this expansion. Image courtesy Ebay Sellers can now easily access insights into: An item’s actual sold price , including the accepted price for Best Offer listings; Items’

Shipping 209
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Taco Bell Finally Releases Cheez-It Collaboration

Retail Wire

Taco Bell's collaboration with Cheez-It is finally hitting restaurant locations this summer, marking the debut of one of its most highly anticipated test menu items. Originally introduced in 2022, the Cheez-It Crunchwrap, along with several other giant Cheez-It options, is set to make its long-awaited appearance at participating locations.

Location 264
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Amazon to Launch Ireland Online Store in 2025

Retail TouchPoints

Amazon , which already has a significant physical presence in Ireland via the Dublin fulfillment center it opened in 2022, will now have a country-specific online presence on the Emerald Isle. The ecommerce giant will launch Amazon.ie next year, offering a localized shopping experience and promising a selection of more than 100 million products — including even more from Irish businesses — as well as faster deliveries and returns.

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Planet Fitness Increases Membership Prices After Nearly 3 Decades

Retail Wire

Despite there being a growing amount of cost-conscious consumers, Planet Fitness is raising its base membership fee for new customers for the first time since 1998.

Consumer 245
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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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The designer behind E Nolan on the problem with exclusive fashion shows

Inside Retail

Australian Fashion Week is around the corner but Melbourne-based designer Emily Nolan will be nowhere insight: “I don’t think it speaks to the heart and soul of the rag trade,” she told Inside Retail. The genesis of Nolan’s eponymous brand E Nolan was her frustration with made-to-measure suiting being almost exclusive to men. “I wish I could tell you that I started E Nolan because there was a hole in the market – I started because I was frustrated,” Nolan said.

Fashion 147
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Consumer Confidence Drops Due to Rising Inflation Worries

Retail Wire

Consumer sentiment took a hit as inflation concerns soared, despite otherwise positive signals in the economy, according to a recent survey.

Consumer 244
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J.C. Penney remains profitable, could open new stores

Retail Dive

Holiday and full-year sales fell, and net income plunged. But the CEO of one of the retailer’s owners says its ongoing profitability could merit an expansion.

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Why Tapestry’s declines underline the importance of Capri acquisition 

Inside Retail

Tapestry has registered declines in both sales and profit for the third quarter, with an analyst believing that the acquisition of Capri is much needed to provide a strong push for the company. Net sales for the quarter ended March 30 fell 2 per cent year on year to US$1.51 billion. On the bottom line, operating income was down 9.7 per cent and net income plunged 25.3 per cent to $139 million.

Marketing 130
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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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UK Economic Growth Quickly Exits Recession

Retail Wire

Britain's economy has recently shown promising signs of recovery, with the first quarter of 2024 witnessing the strongest growth in almost three years.

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Answered: The 5 top questions every European retailer has about first-party data

365 Retail

In a data-saturated world, the pathway to uncovering valuable insights hinges on the strategic utilisation of first-party data. From grasping customer preferences to executing finely-tuned campaigns, first-party data stands as a transformative force in reshaping how brands better connect with their customers. In part two of this three-part series, I answer the five top questions every European retailer has about unlocking the power of first-party data in a way that drives actionable insights and

Consumer 117
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Rat Remains Found in Japanese Bread: Over 100K Packages Recalled

Retail Wire

Pasco Shikishima Corporation, the company that makes white "chojuku" bread, has recalled about 104,000 packs in Japan after parts of a rat were found in two packets of the popular sliced bread.

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Currys teams up with Accenture and Microsoft to drive generative AI adoption

Retail Gazette

Currys has selected Accenture and Microsoft to deliver its core cloud technology infrastructure to allow the retailer to leverage the latest AI technologies. The rollout will enhance operations, elevate the shopping experience, and improve the colleague experience for the electricals retailer’s 25,000 staff. Accenture and Microsoft, together with joint venture Avanade , will work closely with Currys “to modernize, secure and simplify its technology estate”, enabling it to accel

Shopping 115
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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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Dorsey Bows Out of Bluesky Due to Fears It’s Turning Into Twitter 2.0

Retail Wire

Twitter co-founder Jack Dorsey has exited Bluesky as he said it was "literally repeating all the mistakes [Twitter] made as a company.

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Ikea Oxford Street opening delayed again until Spring 2025

Retail Gazette

Ikea has pushed back the opening date of its highly anticipated store on Oxford Street once again until Spring 2025. The Swedish furniture giant said it was “fully committed” to opening the flagship as it continues “extensive renovation works” on the seven storey Grade II listed building, which its investment arm Ingka Investments snapped up for £387m in 2021.

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At the Watercooler with Keith Gorney

Retail Customer Experience

Keith Gorney, supply chain professional services head at Pivotree, walks the journey with clients to drive world class frictionless experiences for their customers and ROI for their organization.

ATS 105
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Morrisons workers vote for strike action to protect their pensions

Retail Gazette

Morrisons staff at two of its UK distribution hubs are set to take strike action in a dispute over pensions. Members of Unite union who work at the supermarket’s Gadbrook and Wakefield warehouses, including stock controllers, cooks, canteen staff and administrators, voted “”overwhelmingly in favour” for the two three days walkout, The Grocer reported.

Grocer 111
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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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New England Development to Open 14-Eatery Food Hall in Metro Boston 

Shopping Center

Cambridge, Mass. — New England Development has announced plans to open CanalSide Food + Drink, a new food hall situated in Cambridge, approximately three miles outside downtown Boston. Situated within the… The post New England Development to Open 14-Eatery Food Hall in Metro Boston appeared first on Shopping Center Business.

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Online marketplace Fruugo explores sale of business

Retail Gazette

Online marketplace Fruugo has hired bankers to pursue a sale. The etailer, which was once considered a prime candidate to float on the London stock market, has recruited DC Advisory to explore options for its future, Sky News reported. Fruugo, founded in 2006, helps consumer brands localise themselves when selling to international audiences and counts ex-M&S chair Lord Rose of Monewden among its shareholders.

Consumer 111
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Music retailer Sam Ash files for Chapter 11 bankruptcy

Retail Dive

The retailer is evaluating a potential sale of its e-commerce operations, related intellectual property and wholesale business.

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In Pictures: Lush opens Bridgerton-themed tea room and secret garden pop-ups

Retail Gazette

Lush has transformed part of its Oxford Street flagship into a regency-style pop-up to celebrate its collection with Netflix’s Bridgerton. The cosmetics retailer said the space has been created for fans to step into the show’s universe and explore its latest limited-edition collaboration ahead of the premiere of the new series. Running until 23 May, the pop-up is furnished with regency-style seating, a grand piano and hanging flowers.

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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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Premier Gathering of Women Entrepreneurs: Women Presidents Organization Entrepreneurial Excellence Forum 5/15/24

LS Retail

©2024 Women President Organization. All rights reserved. The Women Presidents Organization (WPO) Entrepreneurial Excellence Forum (EEF) , the premier gathering of women entrepreneurs who lead multi-million-dollar businesses, will be held on May 15-17, 2024, at The Broadmoor in Colorado Springs. This three-day forum will gather over 700 distinguished women business leaders for a transformative experience brimming with invaluable connections, insightful guidance from industry experts, and cutting-

ATS 96
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Lidl boosts staff pay for third time in 12 months

Retail Gazette

Lidl is investing over £2.5m to boost staff pay for the third time in 12 months. Hourly paid shop workers in London will see their rates increase from £13.55 to £13.65, while store staff elsewhere will see minimum pay increase from £12 to £12.40. The latest move pushes Lidl’s total investment into staff pay to nearly £50m, following a £37m investment in March and £8m last September.

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Wolverine World Wide names new CFO, reports 34% revenue decline

Retail Dive

Despite the revenue dip, the Merrell owner said results were better than expected as it continues its restructuring plan.

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Greggs hits 2,500 store milestone as its growth plan gains momentum

Retail Gazette

Greggs has opened 2,500 stores in the UK, as it steams ahead with its five-year growth plan. The bakery giant launched its latest store in Sainsbury’s Bridgeway in Cobham, based on a petrol forecourt, marking its eighth shop opened with the grocer and 50th store opened with supermarket partners. Greggs kicked off its five-year growth plan in 2021, which involves a long-term target of opening more than 3,000 stores across the UK.

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Activating Intent Data for Sales and Marketing

Sales and marketing leaders have reached a tipping point when it comes to using intent data — and they’re not looking back. More than half of all B2B marketers are already using intent data to increase sales, and Gartner predicts this figure will grow to 70 percent. The reason is clear: intent can provide you with massive amounts of data that reveal sales opportunities earlier than ever before.