Retail TouchPoints
DECEMBER 8, 2023
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.
Retail Wire
DECEMBER 8, 2023
Amid the holiday shopping surge, Doug McMillon, the CEO of Walmart, is voicing doubts about the sales outlook for the subsequent months.
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Retail TouchPoints
DECEMBER 8, 2023
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.
Retail Wire
DECEMBER 8, 2023
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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Retail TouchPoints
DECEMBER 8, 2023
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
Inside Retail
DECEMBER 8, 2023
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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Retail Wire
DECEMBER 8, 2023
An undisclosed internal Amazon document has recently shed light on the company's meticulously conceptualized initiatives designed to expand its foothold in Southern California.
Retail TouchPoints
DECEMBER 8, 2023
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.
Retail Focus
DECEMBER 8, 2023
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!
Retail TouchPoints
DECEMBER 8, 2023
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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Retail Focus
DECEMBER 8, 2023
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.
Retail Wire
DECEMBER 8, 2023
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
Retail Gazette
DECEMBER 8, 2023
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.
Retail Wire
DECEMBER 8, 2023
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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Intelligence Node
DECEMBER 8, 2023
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.
Retail Wire
DECEMBER 8, 2023
In what seems to be a trend of astronomical success, SpaceX, the brainchild of Elon Musk, is reportedly contemplating a share sale.
Retail Gazette
DECEMBER 8, 2023
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.
Retail Wire
DECEMBER 8, 2023
In its recent announcement, Lululemon reported robust demand during the third quarter and an encouraging start to the holiday shopping season.
Advertiser: Experience Retail Today
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.
Retail Gazette
DECEMBER 8, 2023
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.
Retail Wire
DECEMBER 8, 2023
This past Thursday witnessed a significant labor action as over 1,100 unionized DHL Express workers initiated a strike.
Shopping Center
DECEMBER 8, 2023
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.
Retail Wire
DECEMBER 8, 2023
Marriott International is partnering with a small toy retailer called CAMP for kids clubs.
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Retail Dive
DECEMBER 8, 2023
Even though many retailers launched deals in October, a portion of holiday shoppers have waited until this month to start, according to a survey.
Retail Wire
DECEMBER 8, 2023
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.
Retail Dive
DECEMBER 8, 2023
Jettisoning Venmo from the e-commerce giant’s marketplace is another strike against PayPal’s recent growth efforts.
Retail Wire
DECEMBER 8, 2023
Papa Johns hired a blind worker and then terminated his contract before his first shift because they didn't want him to bring his service dog to work.
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
Cisco Retail
DECEMBER 8, 2023
Last year, Cisco introduced Partnering for Purpose , where innovation and business goals with environmental, social, and governance (ESG) initiatives were highlighted to benefit partners and their… Read more on Cisco Blogs
Retail Wire
DECEMBER 8, 2023
The possibility of a Starbucks union has been rejuvenated for the new year.
Retail Dive
DECEMBER 8, 2023
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.
Shopify
DECEMBER 8, 2023
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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