Fri.Sep 20, 2024

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Retail Media Networks: The Key to Winning CPG Partnerships this Holiday Season

Retail TouchPoints

As the holiday season approaches, retailers have a significant opportunity to enhance and showcase their retail media network (RMN) offerings. By highlighting their platforms’ unique value and advantages and providing a white-glove support model, retailers can instill confidence in consumer packaged goods companies (CPGs), leading to more sign-ups and securing valuable media dollars.

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Hardware chain Total Tools suffers major data breach after cyber attack

Inside Retail

Total Tools has suffered a major data leak that is believed to have impacted 38,000 customers following a cyber attack. The breach affected customers’ names, Total Tools passwords, credit card information, emails, and shipping addresses. “The cyber incident has illegally compromised certain personal information, however Total Tools is confident that the cause of this incident has been removed from its website,” said Richard Murray, Total Tools CEO. “In addition to contact

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Nike Names Long-Time Exec as CEO to Replace Departing Donahoe

Retail TouchPoints

Nike has tapped Elliott Hill, a long-time veteran of the company who retired in 2020, as its new President and CEO, effective Oct. 14, 2024. Hill will replace John Donahoe, who is retiring but will remain as an advisor through Jan. 31, 2025 to smooth the transition. Elliott Hill “I am excited to welcome Elliott back to Nike,” said Mark Parker, Executive Chairman of Nike, Inc. in a statement.

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Myer’s Olivia Wirth is laser-focused on tapping into the next-gen of customers

Inside Retail

Myer’s executive chair Olivia Wirth gave her first full-year earnings report to investors on Friday since officially stepping into the top job at the department store chain on June 4. Wirth spoke with Inside Retail after the call, and if one thing is clear her vision is “laser-focused on improving Myer’s profitability, performance and shareholder returns”.

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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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Small Business, Big Ideas: 3 Companies Leveraging Amazon to be a ‘Force for Good’

Retail TouchPoints

This story is part of Retail TouchPoints’ ongoing “Small Business, Big Ideas” series, focusing on smaller retail brands that have found big success and have even bigger ambitions. Amazon took a breather from the veritable onslaught of tech updates at its Accelerate conference Thursday to shine the spotlight on three specific companies.

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FedEx Reports Q1 Earnings Miss, Could Be a Bad Sign

Retail Wire

FedEx stock plummeted nearly 15% on Friday morning after the company posted its significantly weaker-than-expected quarterly earnings report the previous day.

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Mortgage Rates and Home Sales Down as Buyers Wait for the Right Moment

Retail Wire

A potential buyers' market is coming if mortgage rates and home sales continue to decline.

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Amazon Boosts Pay for Hourly Fulfillment Workers, Adds Prime Benefit

Retail TouchPoints

Amazon will increase pay for hourly frontline workers in its transportation and fulfillment network by at least $1.50 per hour beginning this month, bringing their average base wage to more than $22 per hour ( $29 per hour with the value of benefits factored in). The company also is beefing up employee perks, including greater scheduling flexibility with Unpaid Personal Time that employees accrue as well as free Amazon Prime memberships.

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Chipotle Is Giving Away Up to $1M in Free Quesadillas for National Quesadilla Day

Retail Wire

National Quesadilla Day is approaching, and Chipotle is giving away up to $1 million in free quesadillas.

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Fortnum & Mason partners with London Design Festival

Retail Focus

Iconic British retailer Fortnum & Mason is delighted to announce a significant collaboration with the London Design Festival , unveiling an immersive installation by renowned artist and designer Jaime Hayon. FREE EDITORIAL & ONLINE USE © Jeff Moore FORTNUM & MASON 2024 LONDON DESIGN FESTIVAL WINDOW REVEAL The installation has take n over the store windows and atrium of Fortnum & Mason’s flagship store on Piccadilly, with a vibrant display that celebrates the British luxury retai

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Delta Air Lines Paused All Flights Between NYC and Tel Aviv

Retail Wire

Delta Air Lines is concerned about the growing problem in the Middle East.

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Make a statement with signs and graphics

Retail Focus

Graphics, and signs in particular, have long been associated with shops. While these have moved on from the traditional signs that once adorned the front of shops, the purpose very much remains the same – getting people inside to browse and purchase products. Of course, nowadays, signs and graphics now also play a major role in creating a certain environment for shoppers.

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FTC Finds Social Media Platforms Cannot Be Trusted With User Data

Retail Wire

Social media platforms store vast amounts of user data and reportedly keep it indefinitely.

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Can Charlie XCX help change consumers’ perception of H&M?

Inside Retail

Fast-fashion giant H&M recently unveiled the autumn/winter 2024 collection from its atelier spinoff H&M Studio. The limited-edition fashion drop signals the brand is “returning to its roots and reconnecting with its community through a global ‘re-ignition’,” H&M’s head of design Eliana Masgalo told Vogue Scandinavia. But what does that really mean for the fast-fashion brand’s broader business?

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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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Disney To Stop Using Slack Following July Data Breach

Retail Wire

The corporation will no longer use the communication platform after company data was leaked to the public.

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Retail sales rise in August despite waning consumer confidence

Retail Gazette

Retail sales continued to grow in August, according to the Office for National Statistics (ONS), despite consumer confidence plunging over the past month. Sales are estimated to have risen 1% in August from a 0.7% rise in July, marking their highest levels since July 2022, the ONS reported. Some supermarkets and clothing retailers attributed the rise to warmer weather and end-of-season sales.

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Elliott Hill Returns as President and CEO of Nike, Stock Jumps

Retail Wire

Nike Inc. has announced the return of Elliott Hill as president and chief executive officer, effective Oct. 14, 2024.

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Halloween spending to reach $11.6B this year: NRF

Retail Dive

This year won’t likely reach 2023’s record-breaking numbers, with over a third of consumers buying seasonal items at discounters.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

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.

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QDOBA Celebrates National Queso Day With New Spicy Queso

Retail Wire

QDOBA is getting in on the National Queso Day celebration.

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Uniqlo opens doors to Coal Drops Yard flagship

Retail Gazette

Uniqlo has opened its new Coal Drops Yard store, with a re-opening of its store in London’s White City Westfield planned to take place on 10 October. The Japanese fashion brand opened the doors to its new store at 11am yesterday (19 September), with the space measuring roughly 800 sq. meters across three floors. The site will house its Uniqlo Studio on the second floor, where shoppers can recycle, repair or remake garments so they can keep wearing them for longer.

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Pizza Hut Prints Job Seekers’ ‘ResZAmes’ on Its Boxes. Will It Work?

Retail Wire

Pizza Hut is taking extra steps for job seekers.

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Two more retailers select Manchester Arndale as their first Manchester location

A1 Retail

Manchester Arndale has continued to see strong take up from retailers as it announced PURESEOUL and Emma Sleep have both signed leases to occupy space within the centre. Fast-growing Korean beauty store PURESEOUL will occupy a 1,662 sq ft space after signing for a 10-year term. Meanwhile award-winning mattress company Emma Sleep has signed a 5-year lease for a 1,789 sq ft space.

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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

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Amazon Adds PayPal to Checkout as an Option for Buy with Prime

Retail Wire

PayPal is now an option when you check out for an Amazon purchase.

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Synergizing Cybersecurity: The Benefits of Technology Alliances

Cisco Retail

There are many integrations made available by Cisco Security and their tech partners, improving cybersecurity posture and defenses of mutual customers.

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Amazon increases hourly pay by $1.50, adds free Prime membership for thousands of workers

Retail Dive

With this move, the e-commerce giant’s average hourly pay tops $22, below the industry average and what many of its employees demand.

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Embrace Your Foreignness to Yield Unforeseen Competitive Advantages

LS Retail

©iStock/klauspeters Expanding into international markets presents numerous challenges for companies, particularly due to their “foreignness.” Many global companies tend to overcome those challenges by minimizing their foreignness and assimilating into the local environments. However, maintaining and embracing foreignness can yield unforeseen advantages.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

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We Compared Wiser to Other Price Intelligence Vendors – Here’s What We Found

Wiser

When businesses look to improve their pricing strategy, visibility, and overall competitive edge, they turn to price intelligence vendors. But not all vendors offer the same level of service or data quality. At Wiser, we pride ourselves on providing accurate, complete, and actionable insights that help brands and retailers make critical decisions. Recently, we put ourselves to the test and compared Wiser to some of the most well-known competitors in the industry.

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Levi’s® strengthens DTC-first strategy with new Knightsbridge store opening

A1 Retail

Located in London’s Knightsbridge Estate, the new store reaffirms Levi’s® commitment to the city and its focus on head-to-toe denim lifestyle shopping experiences across the UK Levi Strauss & Co. (LS&Co.) has announced the opening of its new Levi’s® store in London’s Knightsbridge Estate, the second largest retail hub in the UK capital. The new store, with a prominent glass facade, spans approximately 300m² across two floors, delivering elevated retail experiences to London shoppers and

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Walmart plots October sales event to compete with Target, Amazon

Retail Dive

The retailer is giving its Walmart+ members a 12-hour head start on shopping deals that will open to everyone on Oct. 8.

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Yodel creates 3,000 additional roles ahead of festive peak as it expands employee benefits package

A1 Retail

Independent parcel carrier, Yodel, has announced it is hiring for over 3,000 seasonal roles across the UK, including 2,500 couriers and 600 warehouse roles in preparation for the busy Black Friday and Christmas shopping peak times. These new roles provide a flexible working environment with couriers able to scale deliveries around their existing schedules.

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How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.