Inside Retail

APRIL 15, 2024

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.

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Retail Wire

APRIL 15, 2024

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.

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Inside Retail

APRIL 15, 2024

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.

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Retail Wire

APRIL 15, 2024

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.

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Customer Experience

Inside Retail

APRIL 15, 2024

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.

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Retail Wire

APRIL 15, 2024

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

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ATS 246

Retail Wire

APRIL 15, 2024

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.

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Inside Retail

APRIL 15, 2024

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.

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Retail Wire

APRIL 15, 2024

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.

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Marketing 130

Retail TouchPoints

APRIL 15, 2024

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.

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Accounting

Retail Wire

APRIL 15, 2024

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

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Retail TouchPoints

APRIL 15, 2024

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.

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Retail Wire

APRIL 15, 2024

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

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Retail TouchPoints

APRIL 15, 2024

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.

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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.

Customer Experience

Retail Wire

APRIL 15, 2024

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

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Retail Gazette

APRIL 15, 2024

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.

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Retail Wire

APRIL 15, 2024

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

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Retail Gazette

APRIL 15, 2024

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.

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Supermarket 115

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.

Fashion

Retail Wire

APRIL 15, 2024

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.

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Shopping Center

APRIL 15, 2024

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.

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Shopping 111

Retail Gazette

APRIL 15, 2024

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.

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Retail Dive

APRIL 15, 2024

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.

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Department Stores 116

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Wholesale

Retail Gazette

APRIL 15, 2024

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.

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Wholesale Marketing ATS Fashion 105

365 Retail

APRIL 15, 2024

Gone are the days of waiting weeks for your online orders to arrive. E-commerce has evolved rapidly, and customer satisfaction is at the heart of these changes. Over the years, the retail industry has had to constantly adapt to meet the ever-growing expectations of savvy online shoppers. These days, it’s all about logistics, logistics, logistics. Retailers are facing a major challenge – how do they keep up with customers who want their purchases delivered faster, more efficiently, and with

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Retail Gazette

APRIL 15, 2024

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

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Beauty and Health Planning Shopping 105

Cisco Retail

APRIL 15, 2024

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.

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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

Customer Experience

Retail Dive

APRIL 15, 2024

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

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Wiser

APRIL 15, 2024

In the era of digital transformation, brands face an increasingly complex web of content compliance obligations. As the guardians of your brand’s online presence, understanding the critical importance of monitoring content compliance is paramount. This blog post explores the essence of content compliance and why it’s crucial for your brand.

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LS Retail

APRIL 15, 2024

©iStock/DINphotogallery What's affecting me, my clients, my colleagues and other global small business owners: Emerging markets are exercising greater global sway. Here are some cool inventions in 2024. AI translation and captioning. Worldwide B2B ecommerce size and sales forecast. Quote of the week: "It is usually people in the money business, finance, and international trade that are really rich." – Robin Leach Freight forwarder guidance and best practices.

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Marketing Finance 84

Retail Dive

APRIL 15, 2024

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

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Advertising 106

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