Fri.Dec 08, 2023

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3 Things Connected TV Can Do that Linear Can’t

Retail TouchPoints

This year for the first time ever, the viewership share of linear television (i.e. traditional broadcast and cable) has fallen below 50% , according to Neilsen. But it’s not that people aren’t watching TV; it’s just that they are no longer watching it the way they used to: streaming is rapidly taking over and now represents nearly 39% of total TV usage.

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Walmart CEO Shares Ambiguous Retail Sales Outlook for 2024

Retail Wire

Amid the holiday shopping surge, Doug McMillon, the CEO of Walmart, is voicing doubts about the sales outlook for the subsequent months.

Shopping 299
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Michelle Gass to Take the Reins at Levi’s when CEO Chip Bergh Retires in 2024

Retail TouchPoints

Current Levi Strauss & Co. President Michelle Gass will succeed CEO Chip Bergh when he retires next year, the company’s board of directors has announced. Gass will formally take the reins on Jan. 29, 2024, a few months prior to Bergh’s departure, which is scheduled for April 26, 2024. Bergh has been elected as Executive Vice Chair of the Levi’s board until his retirement date, after which he will transition to the role of senior advisor until the end of the company’s 2024 fiscal year.

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The Boon and Bane of Self-Checkout for Retailers

Retail Wire

Retailers appreciate the allure of self-checkout. However, the elevated rate of inventory shrinkage is a pressing concern in the retail industry.

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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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Dollar General Plans 800 New Stores, 1,500 Remodels in FY 2024

Retail TouchPoints

Dollar General is planning approximately 2,385 real estate projects for fiscal year 2024, including about 800 new store openings (including approximately 30 pOpshelf openings and 15 new stores in Mexico ), along with 1,500 store renovations and 85 store relocations. While this would be an ambitious growth plan for any retailer, it actually represents a “modest slowdown” compared to the number of real estate projects Dollar General has undertaken in recent years, according to a statement by CEO T

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Government set to regulate digital platforms

Inside Retail

The Australian Government has agreed in principle to a proposed set of competition and consumer laws designed to address harms caused by digital platforms. The Australian Competition & Consumer Commission (ACCC) recommended these laws last year, seeking mandatory codes of conduct for certain digital platforms to prevent anti‑competitive practices such as self-preferencing and tying.

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Amazon’s Strategic Blueprint for Southern California Expansion Leaked

Retail Wire

An undisclosed internal Amazon document has recently shed light on the company's meticulously conceptualized initiatives designed to expand its foothold in Southern California.

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The Secret Behind Quick-Turn Merch: A Strong Partner

Retail TouchPoints

From Barbie to the Super Mario Brothers movie and even the debut of Travis Kelce and Taylor Swift’s electrifying relationship, the last few months have been filled with pop culture moments that have captivated almost the entire world. Everywhere you look, someone is talking about these moments. To take the obsession even further, it seems like everyone is wearing branded apparel promoting them.

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SpaceX Shares Valued Above Disney and Comcast

Retail Wire

In what seems to be a trend of astronomical success, SpaceX, the brainchild of Elon Musk, is reportedly contemplating a share sale.

Marketing 147
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Cats, Dogs, Crafts and Christmas: Michaels and PetSmart Cross-Promote for the Holidays

Retail TouchPoints

Michaels and PetSmart might not seem like the most logical marketing partners (although cats do love to play with yarn), but they are nevertheless teaming up for a limited-time holiday cross-promotion. Michaels’ email subscribers have received a 20 % off PetSmart coupon (good through Dec. 10 and only in the U.S.), while members of the PetSmart Treats loyalty program are getting 70% off at Michaels plus an extra 10% off custom framing collections, through Dec. 13 — perfect for framing a photo of

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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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The luxury brands being lit by sustainable retail lighting

Retail Focus

The Bicester Collection, created and operated by Value Retail, is a family of 11 luxury shopping destinations in Europe, the UK and China, and soon in the US. Locations include distinguished retail spaces like Maasmechelen Village near Brussels, Kildare Village near Dublin, and Bicester Village near London. A staggering 41 million people shopped and dined at a The Bicester Collection in 2022!

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Exclusive: Wilko owner eyes 40 stores in next 12 months

Retail Gazette

Wilko owner Chris Dawson has revealed plans to open up to 40 new UK stores next year as he looks to restore the discount chain to its former glory. The Range owner, who bought Wilko out of administration in October, told Retail Gazette he is targeting “shopping centres and only very busy high streets” for the new stores. “I would say 30 to 40 in the first year,” Dawson said.

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David M Robinson opens city debut TAG Heuer boutique at Liverpool ONE

Retail Focus

Grosvenor has announced that British luxury jewellery retailer, David M Robinson (DMR), has opened its new boutique at Liverpool ONE , in partnership with Swiss watch brand, TAG Heuer. The launch of the 3,600 sq ft store on South John Street marks the first partnership of its kind for TAG Heuer and DMR in the city and the largest TAG Heuer Boutique in the UK, adding to the destination’s extensive portfolio of well-renowned, luxury watch and jewellery brands.

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Starbucks Union Talks Might Restart for New Year

Retail Wire

The possibility of a Starbucks union has been rejuvenated for the new year.

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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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Half of U.S. consumers left most of their shopping for December: report

Retail Dive

Even though many retailers launched deals in October, a portion of holiday shoppers have waited until this month to start, according to a survey.

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DHL Express Workers Strike is Happening Now

Retail Wire

This past Thursday witnessed a significant labor action as over 1,100 unionized DHL Express workers initiated a strike.

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Amazon drops Venmo users

Retail Dive

Jettisoning Venmo from the e-commerce giant’s marketplace is another strike against PayPal’s recent growth efforts.

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Lululemon Sees Decrease in Shares and Strong Demand

Retail Wire

In its recent announcement, Lululemon reported robust demand during the third quarter and an encouraging start to the holiday shopping season.

Shopping 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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Torrid Q3 net sales drop, swings to net loss

Retail Dive

The apparel and accessories brand updated its full-year guidance again and permanently appointed Paula Dempsey as its new CFO.

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Use of AI Apps to Undress Women in Photos on the Rise

Retail Wire

Apps that create deepfake nudes, which are digitally altered images that make a person appear to have no clothing on, are typically created without a person's

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Loyalty strategies set to dominate the retail industry in 2024

Retail Gazette

Leading brands are now approaching loyalty as a digital transformation initiative, with retailers including Victoria’s Secret, Under Armour and JD Sports all having launched or redesigned their loyalty programmes in recent months. But loyalty programme initiatives are a heavy lift that need strong sponsorship across the C-Suite, with even the CEO regularly joining meetings to stay on top of new loyalty tech.

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Honeywell Acquires Carrier’s Security Unit in a $4.95 Billion Deal

Retail Wire

American industrial conglomerate Honeywell announced on Friday its plan to acquire the security unit of air conditioning maker Carrier for a whopping $4.95 billion.

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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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Despite Black Friday blockbuster, Lululemon maintains its holiday outlook

Retail Dive

The brand continues to defy expectations, but may finally be approaching a plateau as competition rises and consumers remain cautious.

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Marriott Resorts Partner With Boutique Toy Retailer for Kids Clubs

Retail Wire

Marriott International is partnering with a small toy retailer called CAMP for kids clubs.

Boutique 130
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Lidl scraps ‘use by’ dates on milk and yoghurt

Retail Gazette

Lidl has ditched ‘use by’ dates on its own brand milk and yoghurt ranges as it aims to help customers reduce food waste at home. The discounter is the latest retailer to make the move with both Sainsbury’s and Aldi scrapping ‘use by’ dates on milk in recent months in favour of letting customers use their judgement. Lidl’s updated milk packaging has already started to filter into its England and Wales stores, while the change will be made to yoghurt labels from early 2024.

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Regency Breaks Ground on Redevelopment of 280,000-Square-Foot Mall on Long Island

Shopping Center

Holbrook, N.Y. — Regency Centers has broken ground on the redevelopment of the 280,000-square-foot former SunVet Mall in Holbrook on Long Island. Plans for the property, which has been renamed The… The post Regency Breaks Ground on Redevelopment of 280,000-Square-Foot Mall on Long Island appeared first on Shopping Center Business.

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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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The Weekly Closeout: Claire’s expands into Mexico and Squishmallows collabs with H&M

Retail Dive

The accessories retailer opened a store in Mexico City, while the toy company, known for its plush stuffed animals, teamed up with H&M for a collection.

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Why Consulting Firms Need to Harness Advanced Retail Analytics

Intelligence Node

5 Days to Superior Data Insights with Intelligence Node The New Retail Reality In today’s dynamic retail landscape, the ability to make informed, data-driven decisions is not just an advantage; The post Why Consulting Firms Need to Harness Advanced Retail Analytics appeared first on Blog.

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Musk Urges Firing of Disney CEO Bob Iger Amid Advertising Controversy

Retail Wire

A brewing controversy involving tech mogul Elon Musk and Disney CEO Bob Iger has taken a bitter turn, with Musk publicly demanding Iger's immediate termination.

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The Ultimate Guide to Supplier Relationship Management (2024)

Shopify

The relationship between your business and its suppliers is an indicator of success. Here’s how to build stronger ones with vendors.

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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