Mon.Nov 27, 2023

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Retailers Focus Giving Tuesday Efforts on Feeding People, Pets

Retail TouchPoints

Among the many charity-themed promotions associated with Giving Tuesday on Nov. 28, several are designed to feed the hungry — whether they have two legs or four. From Nov. 27 to Dec. 4, 2023, Instacart and participating CPG brands will donate one serving of fruits and vegetables for every dollar spent on the platform for these brands, up to a collective total of 1 million servings.

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Retailers hope sales recover at Christmas after slow October growth

Inside Retail

Retailers are hoping the Reserve Bank of Australia (RBA) will hold interest rates as they look toward a recovery in Christmas after experiencing minimal sales growth in October, driven by food-related purchases. Australian Bureau of Statistics (ABS) data showed that retail turnover amounted to $35.77 billion during the month, up 1.2 per cent from the year-ago period.

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Touchland CEO Reveals 5 Social Media Best Practices for the Holidays

Retail TouchPoints

This is Part 3 of The Holiday Readiness Series, which will feature tactical tips and takeaways from experts that retailers can still apply to rev up their sales results. Looking for even more data and insights to power your approach? Check out Part 1, which focused on improving CX and Part 2, which focused on empowering store associates. Touchland is more than just a hand sanitizer brand — it’s a self-care brand, according to Andrea Lisbona, the company’s Founder and CEO.

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Holiday Shopping Tool, Black Friday Sales, and Sampling - Weekly Snacks #82

Tokinomo

Campaign corner Friendsgiving. To commemorate the 18th anniversary of the theatrical release of “Just Friends” on November 23, the same day Thanksgiving is celebrated this year, Reynolds and Smart collaborated to create an advertisement titled "Just Friendsgiving." Viewers have the opportunity to witness the current status of the characters' relationship.

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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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Adore Beauty rebuffs takeover offer from UK e-commerce group THG

Inside Retail

Pureplay online beauty retailer Adore Beauty has refused a proposal to take over its business from UK-based e-commerce group THG, stating it “undervalued” the company. Adore Beauty confirms THG had offered to acquire 100 per cent of the shares of the company by way of a scheme of arrangement for $1.25-$1.30 cash per share. The company’s board of directors has reviewed the proposal, which was subject to conditions including due diligence, with the assistance of its financial and legal advisors.

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Unclaimed Baggage Store in Alabama Sells Lost Luggage From Airlines

Retail Wire

Millions of vacationers are making their way back home from their Thanksgiving trips, and for some, their lost luggage will end up as unclaimed baggage.

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Gas Attendant’s Mistake Wins One Man $25K for Life

Retail Wire

A Michigan man won $25K a year for life after a gas station attendant made a mistake on his lottery ticket.

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Thinking outside the box with visual merchandising

Retail Focus

Retailers have been using visual merchandising to appeal to and connect with shoppers for many years now. Be this simply placing items from a new range of clothes on a group of mannequins or coming up with a creative and colourful window display to draw in those passing by, visual merchandising plays a key role in many retail strategies. The primary challenge for retailers in the current market is how to evolve these tried and tested methods to appeal more to modern shoppers.

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Google To Begin Deleting Inactive Accounts as Early as December

Retail Wire

If users want to keep their older Google accounts active, they can take certain steps to ensure none of their data is lost.

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Discounts Drive Record-Breaking Black Friday, Cyber Weekend Spending

Retail TouchPoints

As Cyber Monday sales continue to roll in, Cyber Week appears to have allayed retailers anxieties by delivering another year of record consumer spending, according to Adobe Analytics. Online spending on Black Friday came in above projections, at $9.8 billion (up 7.5% YoY); Thanksgiving drove $5.6 billion in online sales (up 5.5% YoY); and Adobe is predicting that Cyber Monday will be the biggest online shopping day of all time with a sales forecast between $ 12 billion and $12.4 billion.

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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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Amazon Overtakes FedEx and UPS as the Top Delivery Business

Retail Wire

Amazon has emerged as America's No. 1 delivery business, surpassing both UPS and FedEx.

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Retail’s tech revolution sets laser-like focus on the consumer

Inside Retail

In the ever-evolving retail landscape, technology has swiftly moved from being a novelty to becoming the linchpin of both operational and customer-centric strategies. As retailers enter this new era, they find themselves on the cusp of a ‘phygital’ revolution – a symbiotic blend of physical and digital experiences that is redefining the conventional playbook.

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Ikea Debuts ‘Plan and Order Point’ Store Format in Dallas Market

Retail TouchPoints

Ikea will open a Plan and Order Point as its third store in the Dallas-Fort Worth market on Nov. 29, 2023, offering design consultations as well as a location where customers can pick up their online orders. The 10,800-square-foot location in Southlake joins two large-format stores in Frisco and Grand Prairie, Texas. Customers can book appointments with Ikea experts while they design, quote and order Ikea products, and while customers won’t be able to take products home directly, Ikea can arrang

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Mobile Purchases Surge During Record-Breaking Black Friday

Retail Wire

Black Friday lived up to its reputation as a powerhouse for retail with record-breaking sales this year.

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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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‘Crises drive innovation’: ARA CEO talks strategies for Australian retailers

Inside Retail

While Australian retail’s annual peak season may have dawned, “a perfect storm of challenges” has created an extremely difficult time for retailers who are facing higher overheads and falling spending as consumers adapt to the cost of living crisis. However Paul Zahra, CEO of the Australian Retailers Association, still sees room for optimism despite the current climate.

Returns 130
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Bed Bath & Beyond Locations Are Claimed by Retailers

Retail Wire

After the closing of its business, Bed Bath & Beyond locations that have been abandoned are now being claimed and transformed by other companies.

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ATO clarifies rules over GST on compression socks

Inside Retail

Compression socks suppliers, manufacturers, and retailers should classify the product correctly, the Australian Taxation Office (ATO) urged. The ATO clarified that goods and services tax (GST) applies to compression socks used by the general community to prevent illness or disability or prevent legs and feet from getting tired or swollen. If business owners have classified general-purpose compression socks and travel socks as GST-free in good faith, there will be no sanctions for tax periods up

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Volkswagen Cuts Jobs During Transition to Electric Vehicles

Retail Wire

Volkswagen is forging ahead with a transformative cost-saving drive as it prepares to pivot toward the electric vehicle market.

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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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Decathlon to buy German online retailer Bergfreunde

Inside Retail

French-headquartered global sports retail group Decathlon has agreed to acquire Bergfreunde, a pure-play online retailer of mountaineering and climbing equipment. With the acquisition, German-headquartered Bergfreunde is expected to reach new customers in the outdoor-premium market segment through a fully digital business model, expanding its footprint in Europe. “This strategic partnership will enable Decathlon to strengthen our global outdoor offering with a recognised and valued premium

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Foxconn Pours $1.5 Billion Into Indian Expansion for iPhone Production

Retail Wire

Foxconn Technology is setting its sights on the Indian market with a considerable investment of over $1.5 billion.

Marketing 130
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In pictures: Next opens first Made.com store since acquisition

Retail Gazette

Next has opened its first Made.com store since buying the furniture brand out of administration a year ago. The 4,000 sq ft in Vulcan Road in Sheffield’s Meadowhall opened on Black Friday and offers customers the opportunity to browse a range of design-led furniture and lighting, showcasing products in a variety of colours and finishes. Made.com head of brand Hollie Parkinson said: “At Made, we believe in great design being accessible to all, and we want to inspire customers to make braver

Returns 122
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Target’s Black Friday Promotions Exposed on TikTok

Retail Wire

The truth behind Target's sales prices during Black Friday was revealed on TikTok.

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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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Black Friday 2023 traffic: The online winners and losers revealed

Retail Gazette

Black Friday online traffic was down 12% on last year, according to data intelliegence platform SimilarWeb, however some retailers fared better than others. In the winners camp stood Chinese marketplace Temu , however the phenomenal 74,150% year on year growth it achieved was largely because the business had not long launched this time last year. Fellow new UK entrant Sephora saw a 132% growth, whilst Moonpig was also a high-flyer with traffic soaring 48% against last year.

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Yodel and Vinted Strengthen Partnership to Bolster UK’s Pre-Loved Fashion Delivery Network

365 Retail

Yodel has recently declared an extension of its collaboration with Vinted , the online marketplace. This enhanced alliance, solidified through a multi-year contract, foresees a notable escalation in the number of parcels managed by Yodel, an independent carrier. Under this agreement, the volume of parcels from Vinted expected to be processed by Yodel will see a considerable increase.

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Abercrombie & Fitch sales jump 20% in Q3

Retail Dive

The company’s namesake brand posted 30% growth, while Hollister was up 11%. Now it’s a question of sustaining that momentum, analysts said.

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Lilium Receives Regulatory Green Light for Flying Taxi Development

Retail Wire

Get ready to zoom through the skies on flying taxis.

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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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Walmart is widening the gap with Amazon in grocery e-commerce, report finds

Retail Dive

The retailer's share of the online grocery market will expand to nearly 27% by the end of 2024, while Amazon’s will slip to 18.5%, according to Insider Intelligence.

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CTO Sells Eastern Commons Shopping Center in Metro Las Vegas for $18.2 Million

Shopping Center

Henderson, Nev. — CTO Realty Growth has sold Eastern Commons, a 129,600-square-foot shopping center located in Henderson, roughly 15 miles outside Las Vegas. An undisclosed buyer acquired the property for $18.2… The post CTO Sells Eastern Commons Shopping Center in Metro Las Vegas for $18.2 Million appeared first on Shopping Center Business.

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15 Brand Collaboration Examples to Inspire Your Own

Shopify

Explore top brand collaboration examples and learn how innovative retail partnerships can elevate products and engage customers in exciting ways.

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How a Simple Search Bar Creates a Better Customer Experience

Hyken

Top Takeaways: Businesses use advanced technology like search and generative AI to create better customer experiences. When customers visit a company’s website and use the search bar to find information, the technology behind it can provide relevant and helpful results, making it easier to get the answers they need. Searching on the internet used to be about using keywords, but now it’s smarter!

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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.