Wed.Dec 20, 2023

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From frumpy to fashionable: the triumphant turnaround of M&S Clothing

Retail Gazette

One of the good news stories of 2023 has been the resurgence of M&S, which just last month hailed a better-than-expected 75% rise in first-half profit. A big driver of his performance has been the long-awaited revival of its fashion arm. In fact M&S clothing is – dare we say it – cool again. With stylish celebrity ambassadors and a booming social media channel, the retailer’s designs are a fry cry from the frumpy fashion that filled its stores not so long ago.

Fashion 75
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Walmart Brings BNPL to Self-Checkout in 4,500 Stores Via Expanded Partnership with Affirm

Retail TouchPoints

Walmart will offer buy now, pay later (BNPL) options at self-checkout kiosks in more than 4,500 U.S. stores through an expanded partnership with Affirm. Walmart and Affirm first partnered in 2019 to bring BNPL options to shoppers on its website and app. Indeed, until recently most BNPL offerings were relegated to the digital realm, but stores are widely seen as the next big area of expansion for this increasingly popular financing option.

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Microsoft and TomTom Partner To Create Conversational AI Assistant for Cars

Retail Wire

TomTom has announced that it will be partnering with Microsoft to create a fully integrated AI-powered conversational automotive assistant for the global automobile industry.

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Year in Review 2023: Tokinomo’s news, awards, and best campaigns

Tokinomo

2023 marked a year of unparalleled achievement for Tokinomo, characterized by groundbreaking innovations, influential participation in key events, and notable recognition in the retail marketing sphere.

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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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FTC Imposes 5-Year Ban on Rite Aid’s ‘Reckless’ Use of AI-Based Facial Recognition

Retail TouchPoints

The Federal Trade Commission (FTC) has prohibited Rite Aid from using facial recognition technology in its stores, claiming the retailer failed to implement reasonable security procedures and prevent harm to consumers. The FTC complaint said that from 2012 to 2020, store employees using this technology erroneously accused customers of wrongdoing based on “thousands” of false positive matches with a database of shoplifters and other troublemakers.

Consumer 264
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Australia Post to pay $2.9 million for lost, damaged parcels

Inside Retail

Australia Post and its subsidiary StarTrack have committed to pay about $2.9 million in compensation for lost or damaged parcels. The failure affected about 10,500 business contract customers and fewer than 1000 recipients of StarTrack deliveries, according to the Australian Competition and Consumer Commission (ACCC). The consumer watchdog said that the two companies admitted they likely committed misleading or deceptive practices when they declined compensation requests and incorrectly told som

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Polo Ralph Lauren expands Sydney footprint

Inside Retail

Polo Ralph Lauren is growing its presence in Australia by opening a new store in Sydney’s Westfield Warringah Mall. The store stocks Polo Ralph Lauren men’s and women’s clothing, which will be available to customers right before Christmas. The product selection includes the latest items from the women’s Spring Summer 2023 collections, with some pieces available exclusively to the new store.

Shopping 240
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The Big Idea is Broken. Welcome To Weirdvertising.

Retail TouchPoints

Is it just me, or is advertising getting weirder? There was a time not long ago when brands and ad agencies would talk about the big idea and the importance of telling a compelling story. But these days, with TikTok dominating the social media landscape, it seems like big ideas are being traded in for an army of smaller, weirder ones. With the average TikTok user swiping up every three to five seconds, there’s less and less time for an actual story to get set up.

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General Mills Lowers Sales Forecast After Price Hikes Fail

Retail Wire

General Mills, the multinational manufacturer and marketer of well-known brands like Cheerios and Nature Valley, reduced its yearly sales prediction this Wednesday.

Marketing 239
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Fairway Turns its Markets into ‘Convenience Stores’ with 30-Minute Delivery from Instacart

Retail TouchPoints

Manhattan’s Fairway Market grocery chain has partnered with Instacart to develop a new convenience-focused service called Fairway Now that will offer delivery of last-minute grocery items and household essentials in as fast as 30 minutes. “Our customers are New Yorkers, and they are savvy, on the move and always looking for smart, convenient ways to shop,” said Perry Blatt, Director of Ecommerce and Business Development for Fairway Market in a statement.

Marketing 262
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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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Comcast’s Xfinity Faces a Massive Data Breach

Retail Wire

Comcast's Xfinity has been hit by a major data breach, with unauthorized access to its systems between Oct. 16 and Oct. 19.

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Alibaba Adds Taobao and Tmall Ecommerce Group to Eddie Wu’s Portfolio

Retail TouchPoints

Alibaba Group has given Eddie Wu, already Group CEO and head of the Alibaba Cloud unit, responsibility for its biggest revenue generator, the Taobao and Tmall Group (TTG). Wu is replacing Trudy Dai, one of Alibaba’s original 18 founders, as CEO of TTG, but she will remain with the company to help set up an asset management company. “Eddie’s leadership of both Alibaba Cloud and TTG will ensure total focus on, and significant and sustained investment in, our two core businesses of cloud computing

Planning 147
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Fresh Express and Publix Bagged Spinach Recalled Over Listeria Concerns

Retail Wire

Publix and Fresh Express bagged Spinach has been recalled after the Florida Department of Agriculture registered a positive result for Listeria during a routine test.

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Holiday Retail Trends 2023: Essential Insights for Online Brands & Retailers

Wiser

Analyzing the holiday retail trends of 2023 can illuminate the path forward for brands and retailers and clarify the steps they need to take to stay competitive. Data can help identify the promotional strategies that resonated with consumers, the products that flew off the virtual shelves, and the ones that didn’t. With this knowledge, brands and retailers can tailor their future strategies to align with consumer behavior and preferences.

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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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Monsanto Is Ordered To Pay $857 Million Over PCBs

Retail Wire

In a recent ruling, a jury in Washington state commanded the globally recognized agrochemical firm, Bayer's Monsanto, to pay a staggering $857 million.

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Lidl becomes first UK supermarket to double paid maternity and adoption leave

Retail Gazette

Lidl GB has become the first supermarket to introduce 28 weeks full pay for colleagues on maternity or adoption leave. From 1 January 2024, the discount grocery giant will double paid maternity and adoption leave, with colleagues now benefiting from over six months of full-pay, up from 14 weeks. Aldi said the move will not only support parents, but also “set a new benchmark for others in the industry to follow” As part of a raft of new employment benefits , the discounter will also b

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How Haus of Dizzy uses bold and bright jewellery to advocate and inspire

Inside Retail

Kristy Dickinson is a jewellery designer and founded Haus of Dizzy, to amplify the voices of those who have been silenced. Haus of Dizzy was featured as one of the 20 Coolest Retailers in Australia, in the November issue of Inside Retail magazine. Inside Retail : Tell me about your career journey – as a jewellery designer and the founder of Haus of Dizzy.

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Sun-Seeking Bahamas Cruise Passengers Unexpectedly Face Boston Chill

Retail Wire

Cruise passengers seeking an escape from winter weather in the Bahamas unexpectedly faced the chill of Boston-area temperatures.

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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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Six standout retail spaces, from a double-decker bus to luxury flagships

Inside Retail

LSKD, National The LSKD BAF (Big As *) bus is not your typical double-decker automobile. Rather, it’s a vibrant and innovative addition to the LSKD sportswear brand, which is taking the brand on the road and across the country as part of its “Chase The Vibe Tour”. The brainchild of LSKD’s head of design Dylan Osborne, the concept came to life when the brand purchased the 1970s double-decker bus that once served as ‘The Love Bus’ in Byron Bay.

Shopping 130
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Austrian Court Orders Signa Holding To Sell Chrysler Building Stake

Retail Wire

The financially troubled co-owner of the Chrysler Building, Signa Holding, has been mandated by an Austrian court to sell its stake in the famed skyscraper.

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Melbourne retail identity Franco Cozzo dies

Inside Retail

Melbourne furniture businessman Franco Cozzo – whose catchy television commercials and larger-than-life personality made him something of a Victorian identity – has passed away at the age of 87. “It is with great sadness that we announce the passing of our beloved Franco Cozzo,” his family said in a statement. “He was surrounded by his loving wife and family.” Cozzo rose to fame after appearing in a series of TV advertisements for his furniture store in the 1980s, with hi

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Southwest Airlines and Pilots’ Union Near Agreement on New Contract

Retail Wire

After a prolonged three-year negotiation period, Southwest Airlines and its pilots' union are on the cusp of a breakthrough.

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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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Analysis: What Coupang’s acquisition means for Farfetch

Inside Retail

The retail world is abuzz with the $742 million (US$500 million) acquisition of Farfetch Holdings by South Korean e-commerce company Coupang together with investment firm Greenoaks. In a statement, Bom Kim, founder and CEO of Coupang, declared, “Farfetch is a landmark of the luxury landscape and has been a transformative force in demonstrating that online luxury is the future of luxury retail.

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Volkswagen and Labor Leaders Ink Agreement on Cost Reduction & Job Cuts

Retail Wire

After enduring months of intense discussions, Volkswagen AG and its influential labor chiefs have reached a preliminary understanding.

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Lessons for the retail sector from the year that was

Inside Retail

As 2023 comes to a close and we look back on the year that was – and the year ahead – the Australian retail sector is on fast-forward. Once upon a time, the festive season was the last gasp before a January slowdown. Multiple industries across the country took a much-deserved breather. But it feels like in the past decade, that break has been eroded.

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Frasers Group confirms cut-price deal to snap up Matchesfashion

Retail Gazette

Frasers Group has confirmed a cut-price of approximately £52m to purchase Matchesfashion from Apax Partners. The takeover means heavy losses for the private equity firm, which is said to have invested roughly £600m into the business since buying it from Matchesfashion founders six years ago, according to Sky News. The deal includes refinancing around £20m of debt owed by the fashion company.

Fashion 126
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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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Five signs it’s time to adopt a customer data platform (CDP)

Inside Retail

As your brand grows and you incorporate more tools into your tech stack, it’s time to start thinking about how you put all your customer data into action. A customer data platform (CDP) is an essential tool for maximising the value of zero- and first-party data – especially when it comes from multiple data sources. The right CDP serves as a single source of truth that unifies all your customer data across different formats, platforms, and systems – all accessible in one place.

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Rite Aid banned from use of facial recognition tech for 5 years

Retail Dive

The company’s “reckless” use of the technology harmed customers, the FTC said.

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Why retail crime rises at Christmas and how to prevent it

Inside Retail

Societal pressures and a sense of entitlement suggest that this Christmas period will be a challenge for retailers to manage theft and customer aggression. The need for continued vigilance and innovative approaches towards retail crime prevention is essential to maximise retail profits and workers’ safety. High foot traffic and crowded stores during this period make it easier for shoplifters to blend in and commit theft.

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Walmart adds Affirm’s buy now, pay later option to self-checkout

Retail Dive

In an expanded partnership between the two companies, Walmart is adding a BNPL option to checkout kiosks at most stores.

Checkout 119
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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