Tue.Sep 10, 2024

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A beginner’s guide to leasing and lease terms in the retail sector

Retail Focus

If you’re launching a retail business, finding and renting an accessible base to sell to your target demographic is a huge step. Learning the nuts and bolts of leasing commercial property and lease terms, in general, can help you make informed decisions to impact your start-up’s chances of success. How retail leasing works When you lease retail space, you’re effectively renting commercial space where your business can welcome customers to market and sell your goods or services.

Marketing 130
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Domino’s Says No to Shrinkflation With MOREflation Promo

Retail Wire

The pizza chain is rejecting the concept of less is more.

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Alibaba’s Freshippo launches into Australia with local partner

Inside Retail

Alibaba-owned grocery chain Freshippo will launch its first presence in Australia, in partnership with Ebest, the local online Asian supermarket. Freshippo’s items will be available through Ebest’s shopping app and website, with a product selection tailored to the Australian market, including Chinese delicacies such as snacks, juices, tea drinks, and culinary sauces.

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McDonald’s & Crocs Collaborate for the Second Year in a Row With a Happy Meal

Retail Wire

McDonald's and Crocs collaborated last year as well.

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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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Amazon Streamlines Sales of Brick-and-Mortar Inventory with New Integration

Retail TouchPoints

Data management platform Feedonomics has integrated with Amazon Today , a program that allows retailers with brick-and-mortar locations to sell their in-store inventory on Amazon. Participating Amazon Today retailers can provide both Amazon Prime and non-Prime shoppers with access to same-day delivery and in-store pickup options at their physical locations.

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Google Adds Dresses to Its Virtual Try-On Tool

Retail Wire

Google's new virtual try-on tool for dresses aims to help cut down on returns, resulting in happier customers.

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More Trending

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FBI Reveals Americans Lost $5B in Cryptocurrency Scams Last Year

Retail Wire

Scammers often steal money from victims using fake cryptocurrency investment schemes.

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Snoop Dogg Sparks Brand Awareness, Lowers Acquisition Costs for Solo Stove

Retail TouchPoints

When Luana Bumachar joined Solo Brands as its new Chief Marketing Officer, there was a big debate permeating the industry: did Solo Brand’s viral campaign with Snoop Dogg actually work, or did it all that time and money go up in smoke? Industry practitioners and pundits believed that while renowned cannabis user Snoop claiming he “gave up smoke” in exchange for a Solo Stove generated a lot of buzz, it didn’t drive tangible business results.

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Apple Ordered To Pay 13 Billion Euros in Back Taxes to Ireland

Retail Wire

The European Union's highest court ruled Apple unfairly benefited from Irish tax laws.

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Roblox Unlocks In-Game Commerce with Shopify Integration

Retail TouchPoints

Roblox has announced a new commerce integration with Shopify that will allow brands with Shopify storefronts to sell physical items directly in their Roblox games. Shopify plans to begin piloting the integration soon, with a larger launch of the capability planned for 2025. Shopify President Harley Finkelstein as a Roblox character. (Image courtesy Shopify) “You’ll be able to buy everything from clothing to unique accessories, collectibles [directly on Roblox] — the possibilities are endless,” s

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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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Warehouse shuttle systems and their applications in retail and e-commerce

Inside Retail

Warehouse automation continues to evolve with more advanced technologies, greater choices, and smarter software. In Australia, the warehouse automation market is expected to grow from approximately $18.5 billion this year to $41.3 billion in 2029. With this growth, warehouse operators face an increasingly complex decision when selecting the right automation for their warehouse and application.

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What We’ve Learned from 20 Years of Trying Virtual Try-Ons 

Retail TouchPoints

According to recent estimates , there are over 26 million ecommerce sites globally. Still, despite the convenience and wealth of choice that online shopping offers (and shoppers love), these sites are only responsible for a modest portion of all retail sales. In the U.S., home to over half of online retail sites, the proportion is only about 16%, per the U.S.

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How short-term thinking, lack of R&D is hindering progress towards circularity

Inside Retail

In an era when consumers are experiencing sustainability fatigue, the fashion sector finds itself at a critical juncture. Roger Lee, CEO of TAL Apparel, told Inside Retail the current level of investment in sustainability appears to be suboptimal and the primary factor contributing to this low investment is the absence of significant market demand. The manufacturing company works with major brands, including Hugo Boss, Brooks Brothers, and Banana Republic, so it has an intimate understanding of

Fashion 147
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Thrive Market Taps Instacart to Launch New Retail Media Network

Retail TouchPoints

Health-focused online grocer Thrive Market plans to launch a retail media network powered by Instacart ’s Carrot Ads solution. Thrive Market will use Carrot Ads to help connect brands with its more than 1.5 million members through sponsored product and display ads on its own website and app. “Thrive Market’s personalized experience makes healthy living more accessible,” said April Lane, Chief Merchandising Officer of Thrive Market in a statement. “This partnership redefin

Marketing 207
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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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How Tower 28 Amy Liu used her industry experience to build a clean beauty empire

Inside Retail

Amy Liu embodies the phrase “necessity is the mother of invention”. As a beauty industry veteran with over 20 years of experience, Liu knows what works for the mainstream beauty market. However, after having trouble finding products that catered to her own highly sensitive skin requirements, the entrepreneur decided to take matters into her own hands.

Planning 147
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Bank of America Raises Hourly Wage to $24 Per Hour

Retail Wire

The company is committed to helping its employees with generous hourly rates.

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J Crew’s catalogue proves that print is still king in the fashion industry

Inside Retail

J Crew’s catalogue has long been a coveted fashion reference to timeless style and now the brand is ready to capitalise on its own lore. After discontinuing its paper mailer in 2017, the J Crew catalogue is back. The strategy behind the catalogue relaunch is not a hail mary to return J Crew to its former glory – the company’s sales are close to US$3 billion this year, according to its CEO Libby Wadle – but rather to evoke a sense of nostalgia amongst customers and reposition itself as the pionee

Fashion 147
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BRACH’S Unveils First-Ever Candy Corn Suite for Fall Fanatics

Retail Wire

The Candy Corn Suite is the first of its kind.

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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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Why K-beauty is a must-know market 

Inside Retail

It’s almost midnight, the blue light from my phone penetrates my epidermis as I shop for products to give me glass skin. (The irony of which is not lost on me.) Meanwhile, my TikTok algorithm serves me a continuous loop of K-beauty products “that actually work” And if you studied my bathroom vanity, you’d probably think I was conducting a science experiment, complete with an obsession with snail mucus and rice water.

Marketing 147
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Panera’s Newest Promo Offers Discounts on Fan Favorites for a Limited Time

Retail Wire

Panera is offering fan-favorite menu items at a discounted price.

ATS 147
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Why fashion brands from Tommy Hilfiger to Loewe are embracing K-pop stars

Inside Retail

US designer Tommy Hilfiger browses through a rail of custom-made suits worn to this year’s Met Gala by K-pop stars Stray Kids, before opening up a tuxedo to reveal a special label. The eight-member South Korean boy-band are Tommy Hilfiger brand ambassadors and caused an online frenzy when they became the first K-pop group to attend the prestigious Manhattan fashion event in May. “We did a special label ‘Tommy Hilfiger with the Stray Kids’ and they loved it, we loved it an

Fashion 130
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Southwest Airlines Unveils Major Board Overhaul

Retail Wire

Southwest Airlines Co. has released a letter from its executive chairman of the board of directors regarding a significant update to its board structure, marking the next phase of its comprehensive board refreshment plan.

Planning 130
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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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Reebok says ‘Hi, Barbie’: Brands tackle gender stereotypes with unisex capsule

Inside Retail

Barbie fever is not over yet; at least that is Reebok’s hope. The global sportswear brand has partnered with Mattel to curate a unisex capsule collection that aims to break down gender stereotypes and empower girls and women. The 16-piece collection offers footwear and retro-inspired apparel with futuristic styling for both kids and adults, to cater to the whole family.

Apparel 130
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New CEO Brian Niccol Plans To Help Starbucks Rediscover Its Core Identity

Retail Wire

In his inaugural week as the new Starbucks CEO, Brian Niccol has issued a public letter to instill confidence, sharing his personal insights with strategic direction.

Planning 130
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The Secret to Outperforming the Competition: It’s Not Just About Customers

Hyken

In a recent Amazing Business Radio episode, I interviewed Rony Vexelman, the VP of marketing at Optimove , who said, “Companies that put their customers at the center are the companies that are outperforming their competition.” Who would disagree with that statement? Well, Heather Quick Ginevan did, and she included a great explanation in just one sentence.

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ICX Summit: How sustainability plays into the customer experience

Retail Customer Experience

Shawn Nelson, founder and CEO of Lovesac, a keynote speaker at the ICX Summit, shared insight on how sustainability impacts the retail customer experience.

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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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Boohoo to close US warehouse and fulfil American orders in UK

Retail Gazette

Boohoo is realigning its operations in the US as part of its strategy to “reposition the group for sustainable, profitable growth” The online fashion giant will stop using its US distribution centre in Pennsylvania and now fulfil all US orders from its automated distribution centre in Sheffield, in a bid to broaden its product offering for shoppers across the pond and expand its routes to market.

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ICX honors 5 Elevate Award winners at 2024 ICX Summit

Retail Customer Experience

The Interactive Customer Experience Summit announced winners of the 2024 Elevate Awards Tuesday evening during the annual summit in Charlotte, North Carolina.

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Data: Lidl gains pace as Asda’s market share plummets

Retail Gazette

Lidl enjoyed a bumper quarter thanks to a surge in sales, while a weak performance at Asda sent its market share plummeting. The latest data from Kantar shows Asda’s sales fell 5.6% in the 12 weeks to 1 September, with its market share dropping 1.2 percentage points to 12.6%. While Lidl enjoyed a 9.1% boost in sales driven by digital vounchers for its bakery items that helped push its market share up to 8% in the period.

Marketing 111
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How AR and 3D modeling are reshaping customer experience

Retail Customer Experience

As AR and 3D modeling technologies continue to evolve, their impact on the customer experience will only grow. Retailers that leverage these tools will gain a competitive edge in an increasingly complex and demanding market.

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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.