Mon.Apr 15, 2024

article thumbnail

When creativity gets reduced to a commodity: What is the real cost of dupes?

Inside Retail

Knockoffs, fakes, replicas and imitations have long held a place in retail but dupes and their growing acceptability on TikTok have taken consumer behaviour to new heights. No product category appears to be safe with the existence of retailers dedicated to systematically ripping and profiting off popular designs, products and formulas. Sydney-based entrepreneur, Julia Sakr, founded the luxury dog-bed brand, Barney, one of the brands that was “duped” recently by multinational supermarket Aldi.

article thumbnail

Tesla Lays Off Over 10% of Workforce

Retail Wire

Tesla announced significant layoffs on Sunday night, affecting over 10% of its global workforce. Some employees discovered they were laid off when their badges failed to grant them access to company facilities.

264
264
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Totally Workwear eyes store network expansion after brand revamp

Inside Retail

Totally Workwear, Australia’s largest network of workwear specialist destinations, has revealed its plan to add more stores across the country following its rebranding late last year. The company said it has entered the sustained profitable growth phase of its strategic plan, which includes a series of initiatives to enhance system scalability and a network development framework supporting franchisees with footprint growth.

Planning 147
article thumbnail

Here’s Why Coke Tastes Better at McDonald’s

Retail Wire

Apparently, we can thank science for Coca-Cola always tasting better at McDonald's.

ATS 246
article thumbnail

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.

article thumbnail

Former Din Tai Fung operators fined $4 million for employment breaches

Inside Retail

The former operators of three Din Tai Fung restaurants in Australia have been fined a combined $4 million for underpaying workers and using false records, according to the Fair Work Ombudsman. The Federal Court has imposed a $1.99 million penalty against DTF World Square, which employed workers at Din Tai Fung restaurants in the Sydney CBD, Chatswood and the Melbourne CBD.

Location 130
article thumbnail

Drug Shortages Surge and Crisis Grips US Pharmacies

Retail Wire

Drug shortages in the United States have hit a record high, ringing alarm bells for pharmacists nationwide. The American Society of Health-System Pharmacists (ASHP) and Utah Drug Information Service jointly reported a staggering 323 active drug shortages in the first quarter of the year.

203
203

More Trending

article thumbnail

Momofuko Will No Longer Enforce Chile Crunch Trademark After Small Business Blowback

Retail Wire

The restauranteur has backed down from enforcing his Chile Crunch trademark.

162
162
article thumbnail

What’s behind the slew of beauty brands exploring an IPO or sale?

Inside Retail

Last month, it was reported that Selena Gomez was mulling a potential IPO or sale of Rare Beauty, her cosmetics business worth an estimated $2 billion. Rare Beauty is not the only beauty brand in transaction talks, with Glossier, Merit Beauty and Kosas all reportedly exploring various IPO and sale options. Coincidentally, perhaps, all four brands are also stocked in premium beauty retailer Sephora in the US.

Marketing 130
article thumbnail

Tesla Pauses Cybertruck Deliveries Due To Alleged Unforeseen Delays

Retail Wire

Tesla has pressed pause on Cybertruck deliveries and informed buyers that there has been an unexpected delay.

162
162
article thumbnail

LensCrafters Promotes Eye Health with Second Season of Immersive Roblox Odyssey

Retail TouchPoints

LensCrafters has launched the second season of its Roblox Eye Odyssey series, World of Optics , featuring games that mimic the tests in a comprehensive eye exam. The series’ first season has engaged more than 300,000 users since its debut in October 2023. In the metaverse experience, users help Blinky, a friendly eye-bulb character, overcome challenges caused by prolonged exposure to screens and learn about appropriate eyecare habits to help maintain healthy vision.

article thumbnail

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.

article thumbnail

Google News Blocks California Media News Links in Response to Proposed Law

Retail Wire

Google has decided to block links to California news websites due to proposed state legislation that would require big tech companies to pay news outlets for their content.

147
147
article thumbnail

China Offers ‘Strong Financial Support’ to Help Boost Recycling of Household Appliances

Retail TouchPoints

Seeking to increase consumer recycling of used household appliances, the Chinese government has pledged to update regulations and provide “strong financial support for large-scale equipment renewals and trade-ins of consumer goods,” according to a statement by the English-language channel of the country’s State Council. The government’s plan is to boost the recycling percentage of household appliances 30% by 2027 compared to 2023.

Consumer 130
article thumbnail

Mercedes-Benz Unveils Upgraded 2025 EQS Electric Sedan

Retail Wire

Mercedes-Benz has announced significant upgrades to its EQS electric sedan for the 2025 model year.

130
130
article thumbnail

4 Strategies from the Most Visible Retail Brands

Retail TouchPoints

In today’s retail industry, marketers are under tremendous pressure to hone their strategies in order to elevate their digital presence above that of competitors. Demand, social engagement and customer preferences are always evolving, together and separately. It’s crucial for retail marketers to adapt accordingly. Fortunately, retailers can learn valuable lessons from the most digitally sophisticated retail brands.

article thumbnail

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.

article thumbnail

Rising Inflation Concerns Rattle Markets and Policymakers

Retail Wire

Inflation is on the rise, catching many by surprise as prices climb stubbornly higher. Markets, investors, and economists alike are grappling with the unexpected inflation pressures that have marked the start of 2024.

Marketing 130
article thumbnail

Superdry landlords to lose out under new turnaround plan

Retail Gazette

Superdry landlords are expected to bear the brunt as the retailer prepares to launch a new restructuring plan this week in the latest attempt to turnaround the business. The ailing fashion retailer confirmed on Monday it was in the “advanced stages” of preparing a restructuring plan and expects to launch it “in the coming days”. However, it said there is no certainty the plan will be implemented.

Planning 126
article thumbnail

LEGO Doubles Its Revenue Growth Over the Past Decade by Targeting Adult Fans

Retail Wire

LEGO has expanded its appeal beyond children and successfully targeted adults, doubling its revenue over the past decade.

130
130
article thumbnail

Nike leans on Air for multiyear innovation cycle

Retail Dive

After acknowledging the need for more innovation, the sports brand is rolling out a new product lineup and an athlete co-creation process.

126
126
article thumbnail

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.

article thumbnail

Tesco teases new Clubcard Prices logo after Lidl defeat

Retail Gazette

Tesco has teased the new design for its Clubcard prices after a High Court ruled its yellow circle in a blue square infringed Lidl’s trademark for its similar yellow circle branding. Britain’s largest supermarket has begun the process of replacing millions of Clubcard Prices logos with the new branding over the coming weeks, starting with its app.

article thumbnail

Fly by Jing lowers prices as it expands into over 2K Walmart stores

Retail Dive

The price reductions come as consumers feel the pressure of inflation, especially in the grocery category.

Consumer 126
article thumbnail

NAI Michael Cos. to Develop 600,000-Square-Foot Mixed-Use Project in Bowie, Maryland

Shopping Center

Bowie, Md. — NAI Michael Cos. will develop South Lake Marketplace, a 600,000-square-foot mixed-use project within the $1.3 billion South Lake development underway in Bowie. Karington LLC, an affiliate of NAI… The post NAI Michael Cos. to Develop 600,000-Square-Foot Mixed-Use Project in Bowie, Maryland appeared first on Shopping Center Business.

Shopping 111
article thumbnail

Inside a closing Macy’s store

Retail Dive

CEO Tony Spring surprised the industry with a new tranche of 150 department store closures, 50 of which are shuttering in 2024. Here’s what that looks like.

article thumbnail

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.

article thumbnail

Primark drops prices of kids summer essentials

Retail Gazette

Primark has lowered the price on hundreds of its essential kids’ clothing and accessories as part of its commitment to keep prices down. The fashion retailer has cut the price of selected products in its spring/summer range, including swim shorts and swimsuits, t-shirts and shorts, sliders and baseball caps, by an average of 21%. It said a simple t-shirt, swim shorts, sliders and a baseball cap can be picked up for 16% cheaper than last year at £10.50.

article thumbnail

Is retail’s next wave of personalization coming in 2024?

Retail Dive

Dive into how today’s latest tech innovations give brands an opportunity to reinvent how they speak to their customers in advertising campaigns.

article thumbnail

Sports Direct’s Newcastle United replica kits deal injunction fails

Retail Gazette

Sports Direct has failed in its quest to have Newcastle United sell its kit for the upcoming season kit in its stores. The Frasers Group-owned retailer filed a claim last month to the Competition Appeal Tribunal (CAT) stating that the football club refused to supply its replica 2024/25 kit. Newcastle United’s reasons were that it had agreed to an exclusive retail arrangement with JD Sports to sell the upcoming season’s replica kit.

Wholesale 105
article thumbnail

Breaking down 5 myths of BNPL: Who really uses it (and why)?

Retail Dive

A new survey reveals who today’s BNPL shoppers really are—and they may not be who you think.

109
109
article thumbnail

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.

article thumbnail

The Body Shop plans to slash tax bill if it exits administration

Retail Gazette

The Body Shop administrators have been working on a deal to cut its tax bill in order to boost cash for creditors facing losses following its collapse. The administrators have drawn up proposals to retain £66m worth of tax benefits racked up before it fell into insolvency, as they seek creditors’ approval over a restructuring agreement. The creditors will benefit from a proposal to protect tax losses, which may be used to lower corporation tax due in the future, if The Body Shop can be res

article thumbnail

Perfect Corp. releases AI hair-identifying tool for personalization

Retail Dive

The company said the tech can let brands and retailers provide personalized advice online and in-store.

105
105
article thumbnail

US Steel’s Merger With Nippon Steel Faces Uncertain Future

Retail Wire

In a landmark decision, U.S. Steel shareholders approved a $14 billion acquisition deal by Japan’s Nippon Steel. However, the road ahead for this merger is fraught with challenges.

100
100
article thumbnail

Cisco Telemetry Broker (CTB) 2.1 Launch

Cisco Retail

The ability to generate NetFlow from devices that do not natively produce it along with significant storage efficiency and improved workflows make for a significant update to CTB.

98
article thumbnail

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