Wed.Jan 24, 2024

article thumbnail

Beyond the numbers: Macy’s, Levi Strauss CFOs dish strategy

Retail Dive

Finance leaders are increasingly balancing financial and strategic duties. For some retail CFOs that’s meant a bigger role in growing market share.

Finance 98
article thumbnail

Transforming Retail Spaces for Today’s Generation of Shoppers

Retail TouchPoints

The mall is experiencing a resurgence, defying predictions of its demise. This retail renaissance is not just a return to traditional shopping spaces but also signifies a shift in the shoppers’ culture, expectations and behaviors. Fueled by a desire for experiential interactions, expanded leisure and dining offers, personalized shopping journeys and the integration of digital elements, malls are becoming hubs of innovation and adaptation in addition to their social elements and place as our new

Returns 335
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is this the end of Australia’s supermarket duopoly?

Inside Retail

The allegations of price-gouging during a cost-of-living crisis by Australian supermarkets Coles and Woolworths could finally be the death knell of the duopoly that has long dominated the country’s grocery sector. Today, the Albanese government announced the Australian Competition and Consumer Consumer Commission (ACCC) will conduct a twelve-month probe to examine if Australian supermarkets have used their market power to increase their profit margins.

article thumbnail

2024 Predictions and Trends in B2B Ecommerce: Navigating the Digital Evolution

Retail TouchPoints

As 2024 unfolds, the B2B ecommerce sector is undergoing significant transformation driven by technological advancements and shifting buyer behaviors. Despite expectations of a modest economic downturn, this period presents an opportunity for businesses to optimize their operations, improve marketing strategies and enhance their technological infrastructure.

article thumbnail

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.

article thumbnail

The Outnet partners with ELV Denim in collection using deadstock fabric

Inside Retail

Online luxury retailer The Outnet and British luxury brand ELV Denim have launched a limited-edition 50-piece upcycled capsule collection. The collection features contrast denim styles alongside new categories including tailoring, knitwear and leather items. All these items are transformed from past seasons, leftover deadstock, and produced by ELV Denim in London.

Fashion 278
article thumbnail

Oklahoma City Is Aiming for America’s Tallest Building

Retail Wire

Matteson Capital intends to reshape the Oklahoma City landscape with a daring new plan. The company seeks approval to construct America's tallest building, now tipped to reach an astonishing 1,907 feet.

Planning 246

More Trending

article thumbnail

Microsoft Becomes the Second Company To Surpass the $3 Trillion Mark

Retail Wire

Microsoft recently joined an elite league of tech companies by becoming the second company to achieve a $3 trillion market cap.

Marketing 274
article thumbnail

Can independent retailers drive a high street resurgence in 2024?

Retail Focus

Charlotte Broadbent – UK General Manager at Faire After a bruising year for retail, there are finally some reasons for optimism going into 2024. The holiday season appears to be delivering to expectations. The freeze on business rates has put real cash in retailers’ pockets. And while I hear from our retailers some nervousness about the continued impact of our struggling economy on discretionary spending, the deceleration of inflation should at least prevent customers from tightening the p

Wholesale 173
article thumbnail

Microsoft Joins the Trillionaire Club by Surpassing the $3 Trillion Mark

Retail Wire

Microsoft recently joined an elite league of tech companies by becoming the second company to achieve a $3 trillion market cap.

Marketing 223
article thumbnail

A Disruptive Design For A New-Age Tea Drinkers’ Haunt

Retail Focus

The second outlet of the trendsetting Teavaro Global Brewhouse in New Delhi, located in Punjabi Bagh, is a 500 square feet next-gen tea haven. The latest branch of the teahouse is an exercise in breaking the monotony of the tea industry and shifting the perceptions of the modern urban denizen around the concept of tea. The main aim of the commission was to make the young Indian tea drinker perceive tea beyond the traditional connotations of chai by introducing them to innovative products and exp

Outdoor 147
article thumbnail

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.

article thumbnail

Casper Revamps California Store with Interactive Sleep Features

Retail TouchPoints

Casper Sleep is doubling down on tactile experiences. As a company that sells mattresses, pillows and other sleep-related goods, it’s a natural thing to do — but Casper has gone far beyond the basics of having potential customers “test” a mattress by lying down for a few minutes with a salesperson hovering. In some ways it’s no surprise that Casper has focused on the in-store experience.

article thumbnail

Wendy’s Breakfast Menu Gets a New Breakfast Burrito

Retail Wire

Wendy's has expanded its breakfast menu. As of Monday, customers across the United States can enjoy a delicious new breakfast burrito at over 4,500 selected Wendy's outlets.

ATS 147
article thumbnail

Stepping into the future: Bata Thailand’s dynamic transformation unveiled

Inside Retail

In a journey spanning over 96 years, Bata Thailand, a household name synonymous with quality footwear, has undergone a remarkable transformation to rejuvenate its brand image and appeal. The heritage brand, deeply rooted in providing affordable and reliable footwear, faced the challenge of being associated primarily with mature-age consumers. Recognising the need to align with contemporary tastes and market dynamics, Bata Thailand embarked on an ambitious venture – the “Surprisingly Bata&#

article thumbnail

Recall of 1.9 Million Ford Explorers: Loose Hazardous Trim

Retail Wire

Ford Motor Co. has announced the recall of almost 1.9 million Explorer vehicles. The reason behind this massive recall is a piece of trim that could potentially detach from the vehicle, causing a risk to other drivers on the road.

130
130
article thumbnail

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.

article thumbnail

Survival of the fittest: iMedia Online Retail Summit’s ‘basic’ theme unveiled

Inside Retail

‘Back to the Future: Why Retail is Getting Back to Basics’ has been announced as the theme for this year’s iMedia Online Retail Summit. In the aftermath of the post-pandemic online retail boom, the industry is witnessing retailers hone a critical skill: staying power. Scheduled to take place on the Gold Coast from April 29 to May 1, the summit emerges as a beacon for Australia’s retail inspirators and innovators.

article thumbnail

Exploring the Popular Twitch Categories in the UK: From Gaming Giants to the Emergence of PayPal Casino Streams

Retail Focus

In the digital landscape of live streaming, Twitch stands as a beacon of entertainment and community. This is especially true in the United Kingdom, where a diverse range of content categories captivates a vast audience. From the adrenaline-fueled gaming streams to the cozy corners of ‘Just Chatting’ rooms, Twitch in the UK offers a virtual mosaic of interests and activities.

ATS 130
article thumbnail

London’s back, baby: Exploring three of the city’s retail hotspots

Inside Retail

I love going on a retail global tour and in the last 10 years, my focus has largely been around cities like New York , L.A., Tokyo and Singapore – the once-glorious London had fallen off my radar. But last July, I returned to London and I was pleasantly surprised. In short, summertime in London was a total vibe. From the vibrant Sunday morning markets to the revamped Battersea Power Station, it felt like London had its mojo back.

article thumbnail

Casinos Combine Entertainment with a Retail Experience

Retail Focus

If you thought that casinos only provide slot machines and roulette or poker tables, think again. These venues are stepping up their appeal to their customers. A new term has been coined for these venues. As casinos combine a retail shopping experience, one now enters the sphere of “retailtainment”. Customers can now enjoy shopping, besides gambling on different games in their favourite casinos.

Shopping 130
article thumbnail

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.

article thumbnail

MrBeast Takes Home $250,000 From One Video Posted on X

Retail Wire

MrBeast, the internet sensation whose YouTube channel has racked up over 41.8 billion views since he started in 2012 at the age of 13 years old, made over $250,000 from a single video posted to X.

ATS 130
article thumbnail

Choosing the Right Crypto Futures Trading Platform: Popular Options

Retail Focus

The exponential expansion of the crypto market has led to a significant surge in the demand for platforms allowing crypto futures. They offer the lucrative opportunity to engage in speculative trading of crypto assets. The task of selecting the most suitable platform amidst a plethora of options can turn out to be challenging. In this article, we shall examine common platforms for futures trading.

Returns 130
article thumbnail

Chick-fil-A Giving $29 Giftcards in Lawsuit Settlement

Retail Wire

Chick-fil-A devotees may find themselves on the receiving end of a gift card windfall, thanks to a recently settled lawsuit.

130
130
article thumbnail

The 2024 Consumer Behavior Trends : 40 Stats for Retail Success

Intelligence Node

A new year has begun, signaling a time for re-evaluation and strategic planning in the retail sector. This period is crucial for understanding evolving consumer preferences and integrating this knowledge. The post The 2024 Consumer Behavior Trends : 40 Stats for Retail Success appeared first on Blog.

Consumer 104
article thumbnail

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

article thumbnail

7 reasons why everyone’s confused about shrink and theft

Retail Dive

There’s even less data about retail crime now that the National Retail Federation has retracted a key claim about its impact. What’s going on?

131
131
article thumbnail

The 2024 Online Retail Guide: 40 Statistics for Strategic Success

Intelligence Node

A new year has begun, signaling a time for re-evaluation and strategic planning in the retail sector. This period is crucial for understanding evolving consumer preferences and integrating this knowledge. The post The 2024 Online Retail Guide: 40 Statistics for Strategic Success appeared first on Blog.

Consumer 104
article thumbnail

Chipotle’s New Hire Incentives Include Student Loan Payoff

Retail Wire

The Mexican grill is giving new hires plenty of incentives to remain on the job.

130
130
article thumbnail

Frasers Group snaps up M&S’ former Liverpool store

Retail Gazette

Frasers Group has acquired the Grade II-listed former M&S building in Liverpool as it continues the roll out of its elevated Sports Direct stores. The retail empire is planning to transform Compton House on Church Street into a 103,000sq ft sportswear store and gym, Liverpool Business News reported. M&S vacated the building in August last year as it took up a 70,000sq ft site at the city’s Liverpool One shopping centre.

Location 114
article thumbnail

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

article thumbnail

Aldi Signs 33,262-Square-Foot Lease in Delaware

Shopping Center

Wilmington, Del. — Aldi has signed a 10-year, 33,262-square-foot lease in Wilmington. The Germany-based grocer will occupy a property situated on 3.1 acres. Jim O’Hara and Neil Killian of NAI Emory… The post Aldi Signs 33,262-Square-Foot Lease in Delaware appeared first on Shopping Center Business.

Grocer 105
article thumbnail

Manchester Arndale welcomes raft of new retailers

Retail Gazette

A raft of new retailers are set to open in Manchester’s Arndale centre, as it gears up for a busy 2024. Fashion brand Lounge Underwear, the online retailer that opened its first store in Westfield London last year, is set to launch in the shopping centre. It has since opened shops in Trinity Leeds, Manchester Trafford Centre, and Bristol Cabot Circus.

article thumbnail

Secure Your Spot at the Prestigious 2024 Retail VM and Display Awards

365 Retail

The Retail Visual Merchandising and Display Awards 2024 are rapidly approaching, and the growing excitement in the industry underscores the importance of securing a table or ticket for anyone involved in the retail sector. These awards, celebrated annually, are a coveted mark of excellence and innovation in the world of retail design and display. It’s an opportunity for professionals to showcase their skills, for brands to highlight their creativity, and for the industry to come together i

article thumbnail

iPhone Users Should Activate Apple’s Stolen Device Protection Feature

Retail Wire

This week, Apple released a new version of iOS with a range of new features, including the new "stolen device protection.

100
100
article thumbnail

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.