Retail Focus
OCTOBER 11, 2023
Virtual reality and augmented technologies have long been a topic of fascination in science fiction, and now they’re working their way into the real world. This tech was promised to completely reshape our society, revolutionising our lives on a level that would put the smartphone to shame. Though their progress has been slow, the success of these systems is inevitable.
Retail TouchPoints
OCTOBER 11, 2023
The so-called “Great Resignation” may be over for salaried workers, but for frontline employees there is no end in sight to the labor shortage. The retail sector has experienced one of the most acute impacts of this shortage, with a 57.3% employee turnover rate and comparatively slower wage gains creating a talent drought that poses a potentially existential threat to the industry.
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Inside Retail
OCTOBER 11, 2023
Skechers USA has obtained a European Union-wide preliminary injunction prohibiting Dockers by Gerli from selling a shoe style that infringes its patent. The Dusseldorf Regional Court in Germany issued the decision after concluding that Dockers violated Skechers’ owner’s rights for its Hands Free Slip-ins’ heel pillow designs. “While the ruling can be appealed, we are very pleased that the German court in the first instance acknowledged Skechers’ rights and immediately stopped the sale of the off
Retail TouchPoints
OCTOBER 11, 2023
Showfields has filed for Chapter 11 bankruptcy protection in the Eastern District of New York Bankruptcy Court, blaming the lingering effects of COVID-19 and inflexible lease agreements. The unique retailer, which houses brands’ products for a fee and rotates its assortment every few months, closed its Showfields Miami location in July 2023 and its Manhattan store, Showfields NoHo , in September.
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Retail Wire
OCTOBER 11, 2023
French luxury conglomerate LVMH’s stocks have hit their lowest point since December, following a report of decelerated third-quarter sales growth. This.
Retail TouchPoints
OCTOBER 11, 2023
Gem Shopping Network (GSN ) has carved a unique space in the shoppable media market: Its primary business is still conducted via linear television, akin to the Home Shopping Network and QVC, but it also is growing significantly through connected TV (CTV) and streaming platforms like Apple TV, Roku and YouTube. And thanks to a seamless payment experience powered by SplitIt , GSN is creating inspiring content about its fine jewelry and is then translating it into bottom-line results.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
OCTOBER 11, 2023
The Consumer Goods Forum Food Waste Coalition of Action (FWCOA) has launched its #TooGoodToWaste initiative, a food loss and waste education project designed to spur faster progress in minimizing waste among CGF members and their millions of customers. The FWCOA has created a TooGoodToWaste page with information and resources to share with consumers, and food companies are being asked to use the hashtag in their consumer campaigns to raise awareness about the environmental impacts of food loss.
Inside Retail
OCTOBER 11, 2023
Metcash has received a $500,000 grant from the NSW Government for its waste reduction and recycling initiative. The NSW Bin Trim Network Program is the country’s largest business waste reduction program, and Metcash is one of 14 companies to receive funding this year. The program aims to divert 35,000 tonnes of waste from landfills annually by helping businesses reduce waste and implement circular economy solutions.
Retail TouchPoints
OCTOBER 11, 2023
Saks Fifth Avenue has partnered with LVMH Group ’s Christian Dior to create Dior’s Carousel of Dreams at Saks, a holiday program that includes a Dior Pop-Up on Saks.com selling exclusive Dior merchandise. The online store, which will be open Nov. 20, 2023, through Jan. 5, 2024, marks the first time that all categories of Dior merchandise will be sold via ecommerce anywhere but on the Dior.com site.
Inside Retail
OCTOBER 11, 2023
In a magical blend of fashion and nostalgia, Malaysian scarf and apparel brand Duck is taking its fans on a journey back in time to the Roaring Twenties and Jazz Age, all while celebrating an enduring cultural icon – Mickey Mouse. Marking its 10th collaboration with Disney, and third featuring the world’s most famous mouse, the premium modest fashion brand is offering a collection of scarves and ready-to-wear apparel that pays homage to both Mickey Mouse and the era he debuted in.
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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.
Retail TouchPoints
OCTOBER 11, 2023
A little over a month after the abrupt departure of CEO Rosalind Brewer, Walgreens Boots Alliance (WBA) has named former Express Scripts CEO and Cigna executive Tim Wentworth to the top role, effective October 23. The switch comes as WBA focuses on “right-sizing its business” following a period of share price declines and lagging profits. In recent months these efforts have included plans to close 150 Walgreens locations in the U.S. and 300 Boots locations in the UK, corporate layoffs and the sa
Inside Retail
OCTOBER 11, 2023
Thai retail conglomerate Central Retail opened the doors to its second eat-shop-play lifestyle centre on the Thai island of Phuket on 6 October. The new centre is in the urban seaside Chalong neighbourhood, about 20 kilometres south of Phuket’s first Robinson lifestyle centre in Thalang, which opened a year ago. The company’s latest business update for the Stock Exchange of Thailand states that The Chalong mall has 17,000sqm of net leasable area, and is anchored by an 8,000sqm Robinson departmen
Retail Gazette
OCTOBER 11, 2023
Next is understood to be close to securing a £100m takeover deal for FatFace. According to Sky News, the high street giant is understood to be finalising the terms to acquire the fashion retailer, just three years after it was taken over by its lenders. It said the deal could be announced later this week. Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Fatface’s owners are understood to have hired advisors Rothschild on it
Inside Retail
OCTOBER 11, 2023
A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. But fast forward to today, there is a growing list of DTC brands that have either failed to become profitable and folded, or, even more interestingly, been forced to adopt more traditional retail models to survive. The rise, fall and evolution of many high-profile DTC brands raises questions about the future of DTC as a business model.
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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.
Retail Dive
OCTOBER 11, 2023
Wentworth, who will become Walgreens CEO effective Oct. 23, is the former CEO of Express Scripts, the pharmacy benefit manager acquired by Cigna in 2018.
Inside Retail
OCTOBER 11, 2023
The Bay Central Woolooware shopping centre at Novm’s billion-dollar Woolooware Bay Town Centre in Sutherland Shire, Sydney will start business operations on November 22. Upon completion, the shopping centre will house 60 stores including a gym, childcare centre and a medical precinct. There will also be two full-line Woolworths and Aldi supermarkets, and Dan Murphy’s, which will all be trading on the opening day.
Retail Dive
OCTOBER 11, 2023
The off-price retailer, which opened 97 locations in fiscal 2023, raised its guidance in August on top of 7.7% sales growth.
Inside Retail
OCTOBER 11, 2023
David Jones has partnered with Vacay Swimwear to launch limited-edition swim shorts, as part of the celebration for its 185th anniversary. The range, which features David Jones’ houndstooth print, is available now in-store and online, exclusively at David Jones, for $89. “As one of our pillar brands, Vacay has been on an incredible growth trajectory with David Jones for the past 3 years, so it was a given that we work with them on this momentous occasion to create some limited-edition products f
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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.
Retail Customer Experience
OCTOBER 11, 2023
How can you build an end-to-end customer experience that works for your organization? The closing keynote at the Bank Customer Experience Summit took a closer look at this topic.
Inside Retail
OCTOBER 11, 2023
Luxury brand retailer LVMH’s revenue grew 14 per cent to €62.21 billion (US$65.9 billion) in the first nine months of FY23, on the back of double-digit growth in Europe, Japan and the rest of Asia. Its selective retailing segment posted the highest revenue growth of 26 per cent to €12.43 billion during the three quarters, while the fashion and leather goods segment rose 16 per cent to €30.91 billion.
Retail Dive
OCTOBER 11, 2023
Teens are also feeling the weight of inflation, citing it as one of the top social causes on their minds, Piper Sandler found.
Retail Gazette
OCTOBER 11, 2023
The British Retail Consortium (BRC) has welcomed Labour’s recent stance on retail crime, where it pledged to investigate all shoplifting cases no matter the size. Speaking at the Labour Party conference yesterday, shadow home secretary Yvette Cooper claimed the party would ditch the £200 rule on shoplifting to clamp down on crime. In 2014, a law change was introduced meaning anyone charged with the theft of items under £200 did not need to attend court.
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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.
Retail Dive
OCTOBER 11, 2023
The company said it removed the added charge over concerns it would impact program participation.
Retail Gazette
OCTOBER 11, 2023
Amazon has unveiled its first marketing campaign to promote its byAmazon private label food range. Running until 29 October, the online giant’s adverts highlight the expansion of the range since its initial launch in 2021 – at the same time that Amazon opened its first Fresh store in the UK. The campaign also features the new tag line, ‘Food too, who knew?
Retail Dive
OCTOBER 11, 2023
The Japanese streetwear brand, which was acquired by Foot Locker in 2021, will close three stores as it exits North America and invests in Asia.
Hunton Andrews Kurth
OCTOBER 11, 2023
BBB National Programs’ Children’s Advertising Review Unit (CARU) has released new Guardrails for Child-Directed Advertising and Privacy in the Metaverse. As explained in a BBB press release , the Guardrails are intended to provide companies with best practices as they navigate the complexities of engaging with children in metaverse experiences. The Guardrails offer “actionable recommendations” on developing metaverse experiences directed to children, complying with existing advertising and priva
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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.
Retail Dive
OCTOBER 11, 2023
Arthur Hoeld, who is already responsible for global sales at Adidas, will take over Campbell’s responsibilities until a replacement is found.
365 Retail
OCTOBER 11, 2023
UK logistics specialist Kammac is taking the pain out of e-fulfilment with a new pop-up service, helping start-up businesses to outsource their operation within days. Backed by dedicated centres and experienced personnel, the solution gives companies the flexibility to scale up rapidly without committing to long-term overheads or compromising on customer experience.
RIS News
OCTOBER 11, 2023
Rina Hurst has been named the new vice president of GoLocal, Walmart’s delivery service platform. Learn about the role.
Retail Wire
OCTOBER 11, 2023
Birkenstock, the esteemed German sandal manufacturer with a 250-year legacy, saw its shares start trading at $41, below its IPO price of $46.
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