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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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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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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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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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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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 262

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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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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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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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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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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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Novavax Partners With Sanofi To Commercialize COVID-19 Vaccine

Retail Wire

Novavax and Sanofi are teaming up to commercialize the vaccine that helps prevent COVID-19.

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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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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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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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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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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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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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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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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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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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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 101
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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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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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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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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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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 101
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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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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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Thrive Market to pay more than $1.5M to settle civil lawsuit

Retail Dive

The suit alleges the membership-based e-grocer violated a California state law prohibiting companies from automatically renewing subscriptions without affirmative consent.

Grocer 97
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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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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.

Wholesale 111
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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.