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.

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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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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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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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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 278
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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.

More Trending

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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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Target Has Stopped Accepting Personal Checks

Retail Wire

In a sign of the changing times, Target has announced that it will no longer be accepting personal checks as a form of payment beginning July 15, 2024.

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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.

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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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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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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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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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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.

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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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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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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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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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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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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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Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions

Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.

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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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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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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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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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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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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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Express bankruptcy spurs layoffs at Ohio facility

Retail Dive

The company's logistics and shipping partner Bath & Body Works is shrinking its distribution operations for the apparel retailer due to declines in volume.

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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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Self checkout boasts ‘record’ year: report

Retail Dive

The U.S. is the world’s largest self-checkout market, driven in part by supermarket chains and c-stores, even as some retailers pull back on the tech.

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Turn Your Website Into a Money-Maker: Tips for Small Business Success

Your website can be more than just a digital presence—it can be a thriving profit center. Discover proven strategies to monetize your website, whether you sell physical products, digital downloads, or services. Learn the importance of user-friendly design, high-quality content, and tailored marketing to meet audience needs and boost engagement. Explore options like e-commerce, affiliate marketing, and subscriptions, and use analytics to optimize for success.

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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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How retailers can engage the modern deskless worker

Retail Dive

Streamline the deskless employee experience and enhance productivity with a single app that unites frontline workers.

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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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EBay to accept Venmo

Retail Dive

After dropping American Express, the marketplace said it will accept payments through Venmo — a digital tool popular among Gen Z and millennials.

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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