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 285
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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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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 256
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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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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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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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How Conversational Commerce Will Fill the Cookie Void

Retail TouchPoints

Removing cookies will wreak havoc on marketers, as they won’t have access to third-party data that many companies rely on to target consumers with personalized ads. If you’ve ever entered a website on your computer or phone, then you’ve probably seen the “Allow Cookies?” pop-up, giving you the option to enable that site to remember your data or not.

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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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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 215
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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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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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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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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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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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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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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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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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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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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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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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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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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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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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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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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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Walmart pilots 3D weaving machines to produce garments for private label

Retail Dive

The retailer has partnered with fashion tech company Unspun in an effort to reduce apparel manufacturing waste.

Apparel 118
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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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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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Untuckit to open 14 new stores in 2024

Retail Dive

The DTC apparel brand said the first seven stores will open by May across California, Georgia, Florida, New Jersey and New York.

Apparel 114
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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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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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Beyond the store: Retailers providing best end-to-end customer experience in 2024

Retail Customer Experience

Excellence in the holistic end-to-end customer experience is what was examined when partnering with Forbes on the 2024 Customer Experience All-Star list.

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DoorDash doubles down on beauty with Sally Beauty, MAC Cosmetics deal

Retail Dive

The delivery platform, which is also expanding a partnership with Sephora, has added more than 400,000 beauty and personal care products since 2021.

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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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Activating Intent Data for Sales and Marketing

Sales and marketing leaders have reached a tipping point when it comes to using intent data — and they’re not looking back. More than half of all B2B marketers are already using intent data to increase sales, and Gartner predicts this figure will grow to 70 percent. The reason is clear: intent can provide you with massive amounts of data that reveal sales opportunities earlier than ever before.