Mon.Jul 08, 2024

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Ryanair ‘Flight From Hell’ Erupts in Brawl, Forces Emergency Landing

Retail Wire

A Ryanair flight dubbed the "flight from hell" is making headlines after it was forced to make an emergency landing just 36 minutes into the flight following a multi-passenger brawl.

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KFC unveils Christmas in July at world-first Colonel’s Lodge

Inside Retail

KFC is creating Christmas in July this year by opening its first Colonel’s Lodge. The fast food chain is offering three two-night stays in the festive-themed KFC lodge. With every purchase of $30 or more in the KFC app this month customers can enter the draw to win a trip for four people. The winners will enjoy an unlimited supply of KFC Christmas spreads and the services of a KFC lodge butler.

ATS 290
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Target Circle Week Deals: What We Know

Retail Wire

Target Circle Week is one of the most popular shopping weeks of the year.

Shopping 276
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Bapcor rejects $1.83 billion acquisition offer from Bain Capital

Inside Retail

Automotive parts distributor Bapcor has rejected Bain Capital’s proposal to acquire all its shares for $5.40 apiece, equivalent to about $1.83 billion. Bapcor said the proposal does not represent fair value and is not in the best interest of its shareholders. In a separate announcement, Bapcor said it has appointed 7-Eleven CEO and MD Angus McKay as its new executive chairman and CEO, effective August 22.

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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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Lead and Arsenic Found in Tampons

Retail Wire

The Environmental International journal published a recent study that found more than a dozen toxic metals, including arsenic and lead, in a variety of tampons sold in the U.S. and Europe.

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As Microsoft shuts stores in China, are authorised retailers still relevant?

Inside Retail

The reported closure of Microsoft’s brick-and-mortar stores managed by authorised retail partners in China has raised questions about the tech giant’s strategy in the world’s second-largest economy and whether the move is counterintuitive when the market’s consumer electronics sector has seen a sign of recovery. “Microsoft is undergoing a strategic shift in its retail operations in Mainland China, as indicated by their response to media reports about the potential closure of their authoris

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Why lingerie brand Chouchou Intimates pays no consideration to the male gaze

Inside Retail

Chouchou Intimates, pronounced shoo shoo, is the modern it-girl brand many lingerie lovers have been waiting for. Frustrated with the choice between lacklustre everyday underwear and overpriced luxury lingerie, brand founder Tina Grasso took it upon herself to redefine the category. “I understood that if I couldn’t find high-quality, affordable intimates that resonated with my style and personality, I would have to create them myself,” Grasso told Inside Retail.

Consumer 262
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Paramount and Skydance Agree on Merger

Retail Wire

Paramount Global's merger with Skydance Media has finally been approved by Shari Redstone, the daughter of Sumner Redstone.

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Target Rips Up Paper Checks as Payment Method

Retail TouchPoints

Citing “extremely low volumes” of customers using personal checks, Target will stop accepting checks for in-store payments on July 15, 2024, as reported in the Minneapolis Star-Tribune and confirmed by Target. The retailer joins several supermarket retailers that have stopped accepting checks, including Aldi , Whole Foods Market and Lidl. “Target is committed to creating an easy and convenient checkout experience, and that includes providing our guests with numerous ways to pay, including our ne

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Six Flags and Cedar Fair Merge in $8B Deal, Becoming Largest US Amusement Park Operator

Retail Wire

Last week, Six Flags and competitor Cedar Fair sealed an $8 billion collaboration deal to establish the biggest amusement park owner in the U.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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As Gen AI Gains Traction, Potential Risks Become Impossible to Ignore

Retail TouchPoints

Businesses across industries have embraced generative AI across their organizations to power efficiency and performance. In fact, 79% of business leaders said they expect generative AI to transform their organizations within three years, according to a Deloitte survey of more than 2,800 executives whose organizations are currently piloting or implementing generative AI.

Consumer 232
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John Deere Layoffs Across 3 US Factories

Retail Wire

Production will shift to a newly planned facility in Mexico.

Planning 246
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Kendall Jenner, curation and machine learning: Keeping up with Revolve Group

Inside Retail

Revolve Group, the company behind leading e-commerce platforms Revolve and FWRD, has carved out a niche in the fashion industry by combining innovative brand partnerships with cutting-edge technology. FWRD offers a highly curated collection of iconic and emerging luxury brands, while Revolve similarly offers a curated assortment of premium apparel, accessories and beauty products at a lower price point.

Fashion 147
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Hotels Are Adopting an AI Tool That Scans Discarded Items To Minimize Food Waste

Retail Wire

Hotels are leveraging AI-powered cameras above their kitchen trash cans to reduce food waste from breakfast buffets.

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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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Franchise Council of Australia commences search for CEO

Inside Retail

The Franchise Council of Australia (FCA) is officially on the hunt for a new CEO, posting the $180,000 job vacancy on recruitment website Indeed. FCA chair Brendan Green said “We are seeking a leader who understands franchising, has strong knowledge of advocacy and government relations, and can build relationships to grow not just the FCA but the broader franchising sector.

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Amazon’s Latest FBA Fee is a Blow for Brands. Here’s What They Can Do.

Retail TouchPoints

Forecasts are always wrong — that is a foundational truth of projecting demand. It’s a game of how close you can get to reality — and how fast you can respond when you miss the mark. To better distribute products across its network, Amazon has started charging sellers that carry consistently low levels of inventory relative to unit sales a low-inventory-level fee for standard-sized products.

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Eli Lilly Announces Plans To Acquire Morphic Holding

Retail Wire

Eli Lilly and Company has released a statement on its official website about a planned deal for Lilly to acquire the company Morphic Holding Inc.

Planning 130
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Don’t Throw Fellow Employees Under the Bus

Hyken

I couldn’t hold back. I told an employee to stop complaining about her fellow employees in front of us, her customers. Here’s the story. My wife and I were at a restaurant. The server seemed pleasant and professional, but as our food was delivered, we saw a different side of her. There was a mistake in the order. The side dishes we received were not the ones we chose.

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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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Samsung Workers Strike in South Korea

Retail Wire

The three-day strike is a significant labor action in the company's history.

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Asda axes in-store refillable trials, due to ‘challenging’ economics

Retail Gazette

Asda has pulled the plug on its store trials of refillable product stations as the economics of the concept was “too challenging” The grocery retailer had partnered with leading manufacturers in trials at four of its UK stores. It said had experienced “operational issues and commercial challenges” with its approach to refillables. “Our research showed that the key barriers which included cost, convenience, cleanliness, and perceived product quality have prevented cu

Grocer 119
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Best Buy Canada to open 167 small-format stores

Retail Dive

The electronics retailer will enter new communities under a partnership with Bell Canada, which will be responsible for store operating and labor costs.

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Timpson boss named as new prisons minister

Retail Gazette

Timpson CEO James Timpson has been named as the minister for prisons, parole and probation under the new Labour government. He has employed more than 600 former prisoners across the retailer’s branches throughout the UK. The retail boss previously served as chair of the Employers Forum for reducing re-offending until 2016, and was appointed as chair of the Prison Reform Trust later the same year.

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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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The role of robotics POS in enhancing customer engagement, connecting digital with the physical

Retail Customer Experience

By focusing on innovation and personalizing the shopping experience, retailers are poised to not only align with but surpass consumer expectations, thereby carving out a competitive advantage in the unfolding landscape of retail.

Consumer 105
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Asda shakes up management amid slew of departures

Retail Gazette

Asda has reshuffled its management team, amid a slew of departures and arrivals to the business. The supermarket confirmed its chief transformation officer Mark Simpson was stepping down from his role “by mutual consent,” The Grocer reported. Simpson joined Asda back in 1997, and has held various senior positions such as chief supply chain officer and vice president supply chain.

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Revolutionizing Surveillance: Cameras with AI-Powered Object Detection

Cisco Retail

What if your cameras could not only record but also understand and interpret what they see?

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Victoria’s Secret to open new concept store in Glasgow

Retail Gazette

Victoria’s Secret is set to open a new store concept in Glasgow Fort this autumn, which will offer “a refined shopping experience” centred around its lingerie, sleepwear, and beauty products. The new 5,620 sq ft lingerie store will be located near a host of major retailers, including Next, Zara, Mango, Rituals and Pandora. In 2023, Glasgow Fort welcomed a record-breaking 16 million visitors, reflecting its strong appeal to both consumers and retailers.

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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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Ikea, Hobby Lobby opening stores in Manhattan for the first time

Retail Dive

As tourism has increased, average asking rents in New York City have also risen, according to JLL's Q2 report.

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Bob’s Stores to Close All 21 Remaining Locations After 70 Years in Business

Shopping Center

Meriden, Conn. — Bob’s Stores is closing all locations and liquidating its inventory as part of the Chapter 11 bankruptcy restructuring petition filed on June 18. The Meriden-based clothing retailer, which… The post Bob’s Stores to Close All 21 Remaining Locations After 70 Years in Business appeared first on Shopping Center Business.

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Kroger to woo customers with ‘Boost Bonus Days’

Mass Relators

CINCINNATI — The Kroger Co. has announced a mega-sales event that promises to give members of its “Boost by Kroger Plus” premium loyalty rewards program exclusive access to more than $60 in savings during a two-week sales event running from July 10 to July 23. “Boost by Kroger Plus offers members incredible savings every day, and those savings are about to get even bigger with Boost Bonus Days,” said Tom Duncan, Kroger’s vice president of Marketing. “Boost has

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Marcus & Millichap Brokers $1.7 Million Sale of Retail Outparcel in Valparaiso, Indiana

Shopping Center

Valparaiso, Ind. — Marcus & Millichap has brokered the $1.7 million sale of a three-tenant retail outparcel located in Valparaiso. Situated within Cumberland Crossing Retail Center, the property was developed in… The post Marcus & Millichap Brokers $1.7 Million Sale of Retail Outparcel in Valparaiso, Indiana appeared first on Shopping Center Business.

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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.