Retail Dive
DECEMBER 12, 2023
These retailers have borrowed heavily, delivered soft performance, seen substantial leadership turnover or operate in a heavily discretionary sector. Can they turn themselves around?
Retail TouchPoints
DECEMBER 12, 2023
According to this recent consumer survey from McKinsey, the holiday shopping period will be longer than in previous years — beginning earlier and ending later — with some portion of consumers starting earlier in order to beat expected approaching-holiday price increases while others will wait till later, expecting to benefit from holiday-eve promotions.
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Inside Retail
DECEMBER 12, 2023
After laying low Down Under for the past few years, premium denim label Ksubi warmed its Bondi Beach House pop-up on Thursday with an influential guest list. It comes as the brand plans to open new stores in Sydney and Melbourne in early 2024. Ksubi’s return to operating stand-alone stores in Australia has been a long time coming. When Inside Retail spoke with current CEO Craig King back in 2018 it was established that the company was scouting for CBD locations in both Melbourne and Sydney.
Retail TouchPoints
DECEMBER 12, 2023
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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.
Inside Retail
DECEMBER 12, 2023
Charter Hall Retail REIT will sell the Southgate Square in South Australia for $91 million and the Rosebud Plaza in Victoria for $134.5 million. The property development and funds management company anticipates closing the sale of Southgate Square in February and of Rosebud in June. The company secured sale agreements following unsolicited market offers and both sales are in line with the June 2023 valuations. “These sales demonstrate CQR’s ongoing active asset management and focus o
Retail TouchPoints
DECEMBER 12, 2023
Online retailer Zulily , once a Silicon Valley darling, has begun the process of winding down its business, with court filings indicating plans to close its Seattle headquarters as well as warehouses in Nevada and Ohio and a liquidation sale underway online. The company, which was acquired from Qurate Retail Group by investment firm Regent L.P. in May 2023, has not made a formal announcement of the closure, but several Zulily employees have commented on the news on LinkedIn , including Zulily Re
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail Focus
DECEMBER 12, 2023
Ghalia BOUSTANI. Senior Retail Consultant at Univers Retail | Published author | Visiting lecturer. I. Introduction Significance of Store Windows in Retail Retail displays evolved from the simplicity of handwritten signs strategically positioned both inside and outside stores during the 1800s. The importance of using creative and communicative signage was quickly grasped by shopkeepers to capture the attention of potential customers.
Retail TouchPoints
DECEMBER 12, 2023
Ebay is promoting its new handbag consignment service, which debuted in September , with a “Luxe Line” mobile consignment concierge that will be making stops in LA and Las Vegas from Dec. 13-16. With the aim of showing consumers how easy it is to sell their handbags on Ebay, the mobile tour also will feature a selection of items from top luxury sellers on Ebay, including the exclusive opportunity to shop a collection of handbags from the personal closet of fashion designer Jenna Lyons, Founder o
Inside Retail
DECEMBER 12, 2023
As you’re reading this, your floor staff will only have 1,274 more repeats of “All I Want for Christmas” to endure and chances are they were out of Whamageddon weeks ago. That’s right, it’s December. Black Friday and Cyber Monday are distant memories. Everything is in readiness for the post-Christmas sales, and you’re looking forward to a few weeks of bliss before you start it all again.
Retail TouchPoints
DECEMBER 12, 2023
Adidas has opened pop-up shops offering virtual branded merchandise within seven Roblox experiences and has partnered with Roblox creator Rush Bogin (known by his screen name “Rush X”) to create an assortment of exclusive items available on a first-come, first-served basis. New product drops are scheduled throughout December 2023. The pop-up shops will be located within these Roblox experiences: Princess Dress Up Obby; Cotton Obby!
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Inside Retail
DECEMBER 12, 2023
Melbourne-based beauty brand Fluff was founded in 2018 by Erika Geraerts, one of the original co-founders of Frank Body. The brand has gone through many evolutions since its conception, and is now experimenting with an unusual drop model, which sees it open its website to sell products just four times a year for one week at a time. “We have often said Fluff is from the future and timing is very much everything in this industry,” Geraerts told Inside Retail.
Retail Focus
DECEMBER 12, 2023
Victoria Square, the retail and leisure destination in Northern Ireland, has signed over ten national and international brands in the past 12 months, totalling more than 40,000 sq ft. Rituals is the latest brand to launch its 3,530 sq ft upsized location, creating the brand’s largest UK store.Located on the Lower Ground Floor adjacent to Ted Baker, it is also the debut of a new concept design that will now be rolled out across the UK.
Retail Wire
DECEMBER 12, 2023
To ease concerns about AI labor, Microsoft has launched an initiative in collaboration with a leading labor organization, the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO).
Retail Focus
DECEMBER 12, 2023
This December Shoplight has launched Circulight, a new four-step circular scheme to encourage more sustainable practices in retail lighting. In an era where sustainability is paramount, Circulight demonstrates Shoplight’s commitment to environmental stewardship which is at the forefront of its innovations. The scheme can also form part of a retail brands story showcasing their commitment to sustainability across their property estate and operations.
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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.
Inside Retail
DECEMBER 12, 2023
Hardware store Bunnings has split the supermarket duopoly as Australia’s second most trusted brand, taking the place of Coles in the 12 months to September. For most of the past three years, Coles has ranked behind Woolworths, which consistently leads the list. Market research firm Roy Morgan noted that Bunnings was Australia’s most trusted brand pre-pandemic until May 2020, when Woolworths snatched the ranking. “As cost-of-living pressures deepen, this trend only worsens as much of
Retail Wire
DECEMBER 12, 2023
In a stride toward bolstering scientific research and development, New York State is investing $10 billion to construct a state-of-the-art semiconductor research facility at the University at Albany.
Mulesoft
DECEMBER 12, 2023
Love to know everything about artificial intelligence? Discover our top 5 AI predictions to help you keep a pulse on what's to come in 2024. The post 5 AI Predictions for 2024: Navigate the Hype Cycle and Embrace Your Inner Centaur first appeared on MuleSoft Blog.
Retail Wire
DECEMBER 12, 2023
The Tesla Cybertruck has recently drawn safety concerns from experts due to the vehicle's rigid stainless-steel exoskeleton.
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.
Retail Gazette
DECEMBER 12, 2023
Poundland owner Pepco Group has posted a record full year revenue of £4.8m in the year to 30 September despite mounting profit problems. The sum marks a 17.7% increase on a constant currency basis on the previous year, driven by respective growth of 24.8% and 8.4% at Pepco and Poundland, as demand for budget goods surged amid the cost-of-living crisis.
Retail Wire
DECEMBER 12, 2023
In an unfolding story from the toy industry, Hasbro is going through a significant restructuring phase.
Retail Gazette
DECEMBER 12, 2023
Supermarkets and food brands have been found to have changed the recipes of products to save money while still increasing the price for shoppers, a Dispatches and Which? investigation has found. Researchers for the Dispatches ‘Less for More: The Truth About Food Prices’ programme, which airs tonight on Channel 4, found the recipes of products on sale now had changed compared to those found in online archives with expensive ingredients stripped out, a practice known as skimplation.
Retail Wire
DECEMBER 12, 2023
Sports Illustrated has fired its CEO, Ross Levinsohn, after being accused of producing AI-generated content.
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Retail Gazette
DECEMBER 12, 2023
UK shoppers are predicted to spend £5bn on food over the seven days to 24 December, making it the biggest ever week for food sales, according to NIQ. The news comes as total till sales growth at UK supermarkets have slowed 6.8% in the last four weeks ended 2 December, as shoppers save now ahead of Christmas. The consumer intelligence company found promotional activity rose 25%, up from 23% last year, as inflation slowed.
Retail Wire
DECEMBER 12, 2023
Plans to connect Tumblr's blogging site to the global sphere of decentralized social media (also referred to as fediverse) continue, even though there have been hurdles along the way.
Retail Dive
DECEMBER 12, 2023
Inflation and the pursuit of cheaper alternative products could be driving interest in the discount retailer, Morning Consult said.
Retail Wire
DECEMBER 12, 2023
The streaming giant stopped working for users around the globe temporarily on Monday, Dec. 11.
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
Retail Customer Experience
DECEMBER 12, 2023
Beth Schultz, VP of research and principal analyst at Metrigy, mapped out strategies for enhancing the retail customer experience in a free one-hour webinar sponsored by NICE.
Retail Wire
DECEMBER 12, 2023
The annual “Day of the Dozens” celebration at Krispy Kreme is making a triumphant return.
Retail Dive
DECEMBER 12, 2023
Though some major retailers are hiring seasonal workers this holiday, employers are relatively cautious in their hiring plans overall.
Retail Wire
DECEMBER 12, 2023
Kroger targets senior citizens with their upcoming special promotion.
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