Thu.Mar 07, 2024

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Liquor Loot collapses into administration amid cash flow problems 

Inside Retail

Spirit subscription service Liquor Loot has collapsed into administration as the company was reportedly struggling with cash flow. Liquor Loot and two related entities have appointed Jirsch Sutherland’s Andrew Spring and Trent Devine as joint administrators. An early assessment of the business suggests the retailer was facing challenges related to its cash flow, Spring told SmartCompany.

Planning 279
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Europe’s New Competition Law Shifts the Landscape for Apple, Google, and Other Tech Giants

Retail Wire

As of today, a new competition law has come into force, affecting European users of major tech platforms like Apple and Google, among others.

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ARA predicts $400 million boost to Easter spending

Inside Retail

Australian families are projected to spend $2.05 billion on hot cross buns, Easter eggs, and other special foods this coming Easter season – an increase of 23.5 per cent, or nearly $400 million more than last year. Easter remains a flagship event on the retail calendar, with research from the Australian Retailers Association (ARA) in association with Roy Morgan revealing that 17.3 million Australians plan to buy Easter food and chocolate, up 1 million from the previous year.

Planning 264
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FDA Alert: Lead in Cinnamon Products

Retail Wire

The FDA has issued a public health alert, cautioning against the purchase of certain ground cinnamon products available at retailers like Family Dollar and Dollar Tree due to elevated lead levels.

ATS 263
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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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Ethical fashion label Arnsdorf closes

Inside Retail

Ethical fashion label Arnsdorf has announced it will close down and has commenced a sale with markdowns to run out its inventory. “Personally, I feel like there is still so much to do, explore, and experience for me to live fully aligned with my highest potential,” Arnsdorf founder and designer Jade Sarita Arnott said in an Instagram post. “My energy is being directed to other places and it’s time to make space in my life for this.” Arnott founded Arnsdorf in 2006 a

Fashion 256
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Oscar Mayer’s First Vegan Hot Dogs Are Here

Retail Wire

Despite the vegan trend reportedly fading, Oscar Mayer has introduced its first-ever plant-based hot dogs.

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More Trending

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“I joke that I was (and still am) winging it”: Meshki’s Damien Park-Neilson

Inside Retail

Inside Retail’s Top 50 People in E-Commerce is an annual ranking of the most impressive and inspiring leaders in Australia’s online retail industry. Our 2024 report features C-level executives with decades of leadership experience, alongside start-up founders and digital specialists with a wide range of skills, from marketing to logistics. You can download it here.

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Beyond Acquires Zulily, Plans to Revive Brand in Q2

Retail TouchPoints

Beyond, Inc. — parent company of Bed Bath & Beyond and Overstock.com — has acquired the intellectual property of defunct flash-sale retailer Zulily , following that platform’s abrupt wind-down of its business in late 2023. Newly appointed Beyond, Inc. Executive Chairman Marcus Lemonis said the acquisition is aimed at strengthening Beyond’s position in the off-price market.

Planning 237
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Why strong vendor partnerships are essential in a challenging retail climate

Inside Retail

At last month’s Toy Fair in Melbourne, Josh Bonello, sales director of toy manufacturer and distributor BMS Brands, recalls every retailer he engaged with saying they wanted to forget 2023, a terrible year for most. “But everyone is more optimistic about this year,” Bonello tells Inside Retail. “Most vendors and most retailers are looking to this year with resolve and with a sense of quiet optimism.

Outdoor 246
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Nordstrom to Launch Third-Party Marketplace in April

Retail TouchPoints

Nestled among its Q4 2023 earnings was the news that Nordstrom plans to add a third-party marketplace to the Nordstrom.com website in April. “By reimagining the way we work with our brand partners, we’ll grow our curated online assortment to serve more customers on even more occasions through increasing our use of unowned inventory,” said CEO Erik Nordstrom on the earnings call.

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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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The Quick Flick follows Singapore foray with Thai launch

Inside Retail

Australian beauty innovator The Quick Flick will launch its presence in Thailand via a partnership with two F1rster stores. The first of these locations is F1rster by King Power at Siam Square, where the products were unveiled on March 1, with a second outlet to be announced next month. “The Quick Flick is a perfect fit for Thailand’s sunny, hot climate where the way skincare feels on the skin matters and products like sunscreens and aftersun moisturisers always come in handy,” said founde

Location 246
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Michaels Puts Makers in the Spotlight for New Ad Campaign, In-Store Selling Pilot

Retail TouchPoints

Michaels has launched a new brand campaign and in-store selling activation to shine a spotlight on its MakerPlace by Michaels online marketplace. MakerPlace by Michaels was designed to be an Etsy challenger of sorts, creating a space for “makers” to connect with shoppers and sell their handmade goods. It also serves as a destination for sellers and shoppers alike to access classes and how-to’s — a digital iteration of Michaels’ interactive in-store experience.

Marketing 207
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How social enterprise clothing label Homie is set to scale its B2B operations

Inside Retail

This year’s Retail Week HackGames looked different from previous iterations. Rather than inviting retail and e-commerce professionals to team up to solve hypothetical business challenges, the annual hackathon centred Australian not-for-profits and charities. Homie, Confit Pathways, Share The Dignity, TLC For Kids and Culture Is Life took part in the one-day event to identify strategies that would take their charities to the next level.

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Abercrombie Debuts Wedding-Themed (and Wedding-Adjacent) Collection

Retail TouchPoints

Abercrombie & Fitch has launched “The A&F Wedding Shop” both online and in stores. The collection of more than 100 items for brides, bachelorettes and guests has been designed not just for the wedding itself but also for wedding-related events and celebrations. “The A&F Wedding Shop’s pieces collectively tell the story of the modern wedding experience, — from bridal shower and bachelorette party to wedding day prep, ceremony, reception, brunch and even the honeymoon,” said Corey Robi

Shopping 192
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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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Charity Super.Mkt to open debut outlet store at Gloucester Quays

Retail Focus

Peel has announced that Charity Super.Mkt, the UK’s first-ever multi-charity shop, is set to open its next pop-up at premier southwest urban outlet Gloucester Quays. The 4,000 sq ft store will launch at the outlet on March 14 th , introducing its popular ‘second-hand department store’ concept to a key entrance off High Orchard Street. Charity Super.Mkt will bring together a curated collection of pre-loved fashion and accessories, including vintage denim, sports- and streetwear.

ATS 162
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Foot Locker Plans 4 ‘Store of the Future’ Locations in 2024

Retail TouchPoints

Foot Locker will launch its first “store of the future” in Willowbrook, N.J. next month, with an additional three stores planned for later in 2024. “These immersive experiences bring to life a unique differentiated store environment with powerful brand storytelling and informed by our customer insights,” said Mary Dillon, CEO of Foot Locker during a call discussing the retailer’s Q4 and full-year financial results.

Planning 157
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Rivian’s Big Reveal: R2, R3, and R3X

Retail Wire

Rivian, the electric vehicle company, pulled back the curtain on their latest creations during a livestream last Thursday and revealed their latest models.

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Aldi Plans to Add 800 New U.S. Stores by 2028

Retail TouchPoints

Discount grocer Aldi will invest more than $9 billion over the next five years on its national expansion plan, which includes adding 800 stores to its U.S. fleet by the end of 2028. To reach that number, the value-priced retailer will use a combination of new store openings and conversions of stores purchased as part of Aldi’s August 2023 acquisition of Southeastern Grocers (SEG).

Planning 144
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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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Meet Secondlifeasia, a Malaysian start-up bringing the circular economy to tech

Inside Retail

In a world where electronic waste is mounting at an alarming rate, one Malaysian startup is leading the charge in revolutionising the smartphone repair industry while championing sustainability. Secondlifeasia, Malaysia’s foremost smart device repair company, has announced its ambitious expansion into Thailand, marking a significant milestone in its journey towards mitigating the environmental impact of electronic consumption.

Planning 130
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Five Guys Gets Blasted on Social Media for Outrageous Prices

Retail Wire

Social media users have recently taken to criticizing Five Guys for what they claim are exorbitant prices for their burgers and fries.

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Retail experts talk talent pipeline in wake of gender pay gap reporting

Inside Retail

Despite being predominantly run by women, who make up an estimated 66 per cent of the total retail workforce in Australia, the retail industry continues to grapple with the underrepresentation of women in senior leadership positions and the persistent gender pay gap. While both of these metrics have improved in recent years – two of the country’s biggest retailers will be led by women once Amanda Bardwell takes the reins from Brad Banducci at Woolworths Group in September, following Leah Weckert

Fashion 130
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Cheese Recall Linked to Listeria Outbreak

Retail Wire

A renowned cheese producer, Sargento Foods from Wisconsin, is facing repercussions from recalls connected to Rizo-López Foods, a dairy company in California, due to a lethal listeria outbreak.

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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 Station — a unique long-term lease opportunity

Inside Retail

Situated in Newcastle’s premier east end, The Station is a 1ha heritage icon property primely positioned for new development and available for long-term lease. The site is zoned for tourism and hospitality, located within walking distance of central public transport, the city’s harbour, beaches and a growing residential hub. A destination rich in history Originally constructed in 1858, the former train station stands as a modern artifact reflecting the long-gone era of detailed Victorian archite

Outdoor 130
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Cancer-Causing Chemical Can Form in Popular Acne Treatment Products

Retail Wire

Benzene is a cancer-causing chemical that can form in acne treatment products.

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M&S rolls out Nobody’s Child pop-up shops to 48 more stores

Retail Gazette

M&S is bringing Nobody’s Child pop-up shops to 48 more stores across the UK from this month, bringing its total to 60. As well as bringing the label back to popular locations, including Trafford Manchester, the pop-up shops launch in 24 new locations across the UK, including Bath, Edinburgh, and Nottingham. The 450ft pop-up shops will house a capsule collection of over 30 pieces from Nobody’s Child’s SS24 collection.

Shopping 124
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Cruise Ship Worker Accused of Installing Hidden Cameras in Bathrooms

Retail Wire

A worker for Royal Caribbean Cruises is accused of installing hidden cameras in bathrooms to spy on young women.

Shipping 130
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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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International Women’s Day: 7 activist female founders

Retail Gazette

Today marks International Women’s Day, which provides Retail Gazette with the perfect opportunity to highlight some of the talented female founders that have used their businesses to campaign for change. Anita Roddick, The Body Shop Anita Roddick was the pioneering entrepreneur behind what became the UK’s leading ethical beauty retailer, The Body Shop.

Fashion 115
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New York Community Bank Reveals New CEO and $1B Infusion

Retail Wire

New York Community Bank (NYCB) faced a major challenge when its stock plummeted 45% due to investor concerns. To counter this, the bank announced a $1 billion investment from various firms, including one led by former Treasury Secretary Steven Mnuchin.

Finance 130
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Target Announces Plans to Open 300 Stores, Enhance 2,000 Locations

Shopping Center

Minneapolis — Retail giant Target Corp. (NYSE: TGT) has announced plans to open 300 stores and enhance the majority of its 2,000-store portfolio. The news comes on the heels of the… The post Target Announces Plans to Open 300 Stores, Enhance 2,000 Locations appeared first on Shopping Center Business.

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REI releases first nongendered apparel collection for adults

Retail Dive

The company also said it is transitioning its in-house brand away from gender-specific merchandise “where it makes sense.

Apparel 104
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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.