Wed.Mar 20, 2024

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Wonder Group Raises $700M in Funding, Plans 90 Locations by 2026

Retail TouchPoints

Former Walmart exec and Jet.com founder Marc Lore and his newest company Wonder Group have raised $700 million from various investors to support its Vision, Capital and People (VCP) plan , which is designed to support the business’ execution and scale, Lore revealed in a LinkedIn post. The funding round was led by existing investors NEA, GV, Accel, Bain Capital Ventures, Forerunner, Alpine and Harmony — a who’s who in the venture capital world.

Location 312
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What brands can learn from the Béis Wash marketing strategy

Inside Retail

The evolution of once seemingly functional items, such as luggage, shoes and the humble water bottle, into status symbols, has led particular brands to develop cult followings and created opportunities for new products and services that cater to these consumer obsessions. The #airportoutfit has amassed over 690.3 million views in over 29,800 posts on TikTok, which is proof of the social media trend of documenting the aesthetics of everyday items.

Marketing 246
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Designing Medtail Spaces that Enhance the Patient Experience

Retail TouchPoints

The innovative concept of “Medtail” seamlessly integrates healthcare services into retail environments. This blend of medical expertise and retail convenience is revolutionizing the landscape of patient care, changing both where healthcare is delivered and how patients experience it. Moving beyond the conventional boundaries of hospitals and clinics, this approach offers unprecedented convenience and accessibility by bringing healthcare closer to where people shop, eat, and engage in their

Consumer 298
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What’s Open and Closed on Easter Sunday 2024?

Retail Wire

With Easter just around the corner, it's time to plan your shopping and dining. Find out what will be open and closed on Easter Sunday.

Planning 246
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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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Luxury Lessons: What High-End Brands Can Teach Store Designers

Retail TouchPoints

Global design and consultancy organization Arcadis (formerly CallisonRTKL) recently worked with Saks to reinvent its West Coast flagship experience. but the company also has worked with its portfolio of luxury clients on a range of new store designs and experiences. Based on the innovation that’s evident in all these projects, Sterling Plenert , Principal at Arcadis, believes the broader industry has a lot to learn from luxury players.

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The ‘Dirty Dozen’ Fruits and Vegetables That Have the Most Pesticides

Retail Wire

Although there are many benefits to eating fresh produce, pesticides are a lingering problem.

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More Trending

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Revo Opens Sunglass Store in the Heart of Manhattan’s SoHo District

Retail Focus

Revo, the premium, high-quality, performance sunglass company, has announced the opening of its first U.S. brick-and-mortar retail store in Manhattan’s fashionable SoHo neighbourhood. The retail showroom is located at 436 West Broadway, one of the district’s most popular shopping areas. The recently completed store will introduce an exclusive and engaging shopping experience to both loyal Revo enthusiasts and those discovering the iconic brand for the first time.

Shopping 147
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MNTN Integrates with Popular Measurement Platform

Retail TouchPoints

MNTN has fully integrated with Rockerbox , allowing marketers to more accurately measure the influence of their connected TV (CTV) advertising on conversions and revenue alongside other marketing channels directly within the Rockerbox platform. The integration includes MNTN’s proprietary Verified Visits attribution, which is designed to attribute site visits to CTV ads only when the ads actually prompt users to take action.

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Ted Baker Plans To Call in Administrators

Retail Wire

More than a year after it sold itself to the U.S.-based fashion group Authentic Brands Group (ABG), the British fashion retailer Ted Baker plans to appoint administrators.

Planning 147
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Save Mart Partners with Flashfood to Offer Discounted Food and Divert Waste

Retail TouchPoints

The Save Mart Companies , a 194 -store supermarket chain operating in California and western Nevada, has partnered with Flashfood to offer high-quality groceries at up to 50% off and, not incidentally, divert food waste from landfills. The Flashfood app is now available at 44 Lucky stores in the San Francisco Bay Area and will expand to other Save Mart banners’ locations to fulfill customer demand.

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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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Mediocre interactions are plaguing retail. Here’s how to fix it

Inside Retail

In many ways, when you look around, we appear to have normalised or, at the very least, become accustomed to mediocre service interactions. Either that, or we’ve fallen under some kind of spell. Let me paint a picture for you; maybe this picture is familiar to you also? An ordinary day, a few errands and appointments to attend. I take a family member to a medical appointment, get on a flight, check into my hotel at the other end, do some quick personal shopping across the road from the hotel, gr

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Dr. Martens Prescribes Shoe Resale Program to Support Circularity

Retail TouchPoints

Footwear from Dr. Martens is already designed for durability, but the brand will now be able to do even more for the environment with the launch of its ReWair resale program in the U.S. Technicians from Tersus Solutions will examine, repair and restore “pre-loved” Dr. Martens products to give each item a new life. As part of a trial program, customers can trade in their used Dr.

Marketing 263
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From China to India, how the world’s retail markets stack up: report

Inside Retail

In an era marked by economic flux and shifting consumer preferences, the global retail landscape stands at a pivotal juncture, ripe with both challenges and opportunities. Kearney, a renowned global consultancy firm, recently unveiled its latest findings in the 2023 Global Retail Development Index (GRDI) report , shedding light on emerging market potentials and strategic pathways for retail expansion.

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Reddit Faces Patent Infringement Complaint From Nokia Ahead of IPO

Retail Wire

Reddit, on the brink of its long-anticipated initial public offering, has been hit with a patent infringement complaint from Nokia Technologies.

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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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Why luggage brand July hired a luxury expert to pursue more premium positioning

Inside Retail

Australian luggage brand July has confirmed the appointment of luxury marketing professional Alex Anton as its vice president of brand, a newly created role that underscores the retailer’s ambition to become a globally recognised name in the travel space. Anton brings with him several years of experience in the luxury sector, including stints with the French multinational LVMH and Chalhoub Group, a privately held luxury goods retailer and distributor, headquartered in the UAE.

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Investment Firm Increases Holdings in Chipotle Mexican Grill

Retail Wire

Public Sector Pension Investment Board, a major institutional investor, recently raised its stake in Chipotle Mexican Grill, Inc. by 11.8%.

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Who Gives A Crap, Heaps Normal partner to address sanitation problem

Inside Retail

Toilet paper brand Who Gives A Crap and beverage company Heaps Normal have partnered to launch limited-edition non-alcoholic beer Cheeky India pale ale (IPA), with half of the proceeds from its sale used to build public toilets. “At Who Gives A Crap , our mission is to uncrap the world, donating 50 per cent of profits to help provide access to clean water and a toilet for everyone,” Who Gives A Crap head of impact Robin Cho said. “By partnering with Heaps Normal, we can reach m

Shopping 130
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George Lucas Backs The Walt Disney Company Board

Retail Wire

Star Wars creator George Lucas, Disney's biggest individual shareholder, has thrown his weight behind the leadership of The Walt Disney Company.

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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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Why luggage brand July hired a luxury expert to pursue more premium positioning

Inside Retail

Australian luggage brand July has confirmed the appointment of luxury marketing professional Alex Anton as its vice president of brand, a newly created role that underscores the retailer’s ambition to become a globally recognised name in the travel space. Anton brings with him several years of experience in the luxury sector, including stints with the French multinational LVMH and Chalhoub Group, a privately held luxury goods retailer and distributor, headquartered in the UAE.

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Cisco Acquires Splunk for $28 Billion

Retail Wire

After months of anticipation, Cisco has finalized the acquisition of Splunk, marking a significant milestone for both companies.

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Greens’ pitch to force grocery divestments slammed by retailers

Inside Retail

The Green Party’s proposed Bill to introduce divestiture powers into Australian competition law is unlikely to progress given its potentially negative impact on consumers and retailers. The bill, drafted as an inquiry continues into Coles and Woolworths over alleged price gouging amid cost-of-living pressures, has been roundly opposed by the Australian Retailers Association, National Farmers Federation, and Ausveg – along with independent grocery operator Ritchies.

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Mega Millions Hits Close to Billion-Dollar Payout

Retail Wire

This drawing ranks in the top 10 of the largest payouts in the history of the U.S. lottery.

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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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Majestic in advanced talks to purchase Vagabond Wines ‘within days’

Retail Gazette

Majestic Wine is in advanced discussions to acquire Vagabond Wines, which filed a notice of its intention to appoint administrators earlier this month. Majestic, which is owned by Fortress Investment Group, could strike a deal to buy the embattled chain within days, Sky News reports. The deal would add approximately 12 wine bars to Majestic’s portfolio, alongside an urban winery at Battersea Power Station.

ATS 119
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Biden Calls for Over Half of All Cars To Be Electric by 2032

Retail Wire

The Biden administration has officially rolled out its latest set of rules aimed at cutting greenhouse gas emissions, with a keen focus on transforming the auto industry.

ATS 100
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Co-op becomes latest supermarket to launch ‘Best of British’ section online

Retail Gazette

Co-op has become the latest supermarket to launch a dedicated “Best of British” section across its website as part of its commitment to champion British sourcing and local suppliers. The convenience retailer’s new section features a range of 100% British products including beef, pork, chicken, fresh fruits, vegetables, eggs, milk and cheese lines. Co-op propositions director Adele Balmforth said the pages make it “easier and quicker” for customers to buy British.

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It takes a village: introducing James May Gin

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! James May is a man of many talents – TV Presenter, automotive obsessive, occasional flautist, Wiltshire Pub Landlord…. so of course it would make sense for him to start a gin brand, as all good celebrities do at some point in their careers.

ATS 111
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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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The Body Shop: Cost of collapse must be disclosed, urge MPs

Retail Gazette

MPs have urged the insolvency watchdog to reveal the cost of The Body Shop’s collapse to taxpayers. The moves comes after The Telegraph revealed that taxpayers will shoulder the redundancy costs for hundreds of employees following the health and beauty specialist’s administration. Around 500 roles have been axed since The Body Shop’s collapse , with affected workers told to make claims through the Government-backed redundancy payments service – which is funded using National In

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WUKA SUCKS: new London Underground campaign turns period criticism into empowering conversation

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! WUKA, the company behind the UK’s first reusable period pants to replace tampons and pads, unveils its latest TFL campaign, WUKA SUCKS. In true WUKA style, this campaign doesn’t just speak the truth; it speaks the bloody truth about menstruation.

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Harvey Nichols staff face redundancies as it eyes return to profitability

Retail Gazette

Harvey Nichols’ support team faces impending redundancies as the business works on returning to profitability. The layoffs are set to hit 60 staff – amounting to less than 5% of the luxury department store retailer’s overall employee base. According to Drapers , the cuts will impact the retailer’s support team in what it called a “reorganisation” of the business to support future growth, streamline its operating model and boost operational efficiencies.

Returns 105
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Introducing Cisco U. Spotlight

Cisco Retail

I am proud to introduce you to our learning event. Cisco U. Spotlight! And it is all happening On April 24, 2024 , at 8:30am Pacific. What’s Cisco U. Spotlight all about? Cisco U.

ATS 98
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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.