Fri.Jun 21, 2024

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Keys for Achieving Sustainability in Retail Supply Chains

Retail TouchPoints

In today’s global economy, the demand for sustainable business practices is rising, particularly in the retail industry. Consumers are increasingly aware and conscious of the social, environmental and human rights impacts of their purchases, prompting retailers to rethink their supply chain strategies. The recent EU-wide legislative changes also are affecting companies worldwide that trade with the EU.

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KMD Brands’ sales continue to decline into second half

Inside Retail

KMD Brands saw continued decline in sales in the first four months of its fiscal second half amid weaker performance across all its segments. The group’s sales fell 8.4 per cent, with Oboz suffering the largest decline of 21.8 per cent from February to May. Rip Curl’s sales slid 5.9 per cent while Kathmandu’s sales dipped 8.4 per cent. “With six weeks of peak trade still to come, we remain focused on optimising our Kathmandu winter and Rip Curl Northern Hemisphere summer result

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Bob’s Stores, EMS File for Bankruptcy Protection

Retail TouchPoints

Bob’s EMS Holdings, parent company of Bob’s Stores and Eastern Mountain Sports (EMS), has filed for Chapter 11 protection in the U.S. Bankruptcy Court in Delaware. The retailers, which operate approximately 50 stores and employ nearly 800 full- and part-time employees, generated $131.85 million in net revenue last year, according to CEO David Barton in documents filed with the court.

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What Bapcor can learn from Bain’s long track record of PE bids

Inside Retail

From one analyst’s perspective, the Australian mergers and acquisitions landscape is considered to be relatively subdued, but there are signs that confidence in the market is returning. Consumer confidence levels over the next 18 months will be crucial to the future of financially embroiled and not-so-financially embroiled businesses within the retail industry.

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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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Starbucks and Marriott Bonvoy Link Loyalty Programs

Retail TouchPoints

Starbucks customers who are traveling often seek out the familiar green-and-white mermaid logo in or near hotels where they’re staying, so it makes sense that the coffee giant and Marriott Bonvoy are connecting their loyalty reward programs. Members that link their accounts can earn double Starbucks Star points during their stays at participating Marriott hotels and can earn 100 Marriott Bonvoy points when they make three qualifying transactions during designated weeks throughout the year (the f

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Mosaic Brands expects marginal loss amid trading challenges

Inside Retail

Noni B parent Mosaic Brands now anticipates marginal loss on operating earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the full year, after experiencing more trading challenges in the second half. The fashion retailer said that its business in the second half has been impacted by disruptions when it migrated to a fully integrated logistical supply chain and distribution system with a newly appointed global partner.

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More Trending

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American Airlines Employees Placed on Leave After Racial Discrimination Lawsuit

Retail Wire

American Airlines said it was working to restore trust with its customers.

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Eastern Mountain Sports, Bob’s Stores file for bankruptcy

Retail Dive

The chains, in a “liquidity crisis” since their bank found them to be in default, require emergency funding to make payroll Friday.

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567,000 Portable Chargers Sold at Costco Recalled Due to Fire Risks

Retail Wire

A Michigan-based company, myCharge, has initiated a recall of approximately 567,000 portable battery chargers sold at Costco locations across the United States.

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Online shoppers are shifting habits in the face of inflation

Retail Dive

Nearly two-thirds of respondents said they had changed behaviors as a result of higher prices, according to a recent survey.

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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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Google Unveils New Profile Page To Showcase Movie and TV Reviews

Retail Wire

In an email sent to users last month, Google revealed that all reviews for movies, TV shows, books, albums, and games will be visible under one profile page starting June 24.

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Boohoo and Card Factory hit with shareholder backlash

Retail Gazette

Card Factory and Boohoo have been hit with a backlash from shareholders this week at its annual general meetings. The greetings card retailer said it will engage with shareholders on their concerns after almost a quarter voted to oust its chair on Thursday (20 June). Some 24.87% of votes were cast against re-electing Paul Moody, who joined Card Factory in July 2020 as executive chair.

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Vitamix Issues a Recall for Nearly 570,000 Blender Parts

Retail Wire

Vitamix has broadened its recall of certain blender parts due to potential deep-cutting hazards, affecting models priced as much as $990.

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Exclusive: Frasers Group closes in on deal to buy Coggles from THG

Retail Gazette

Frasers Group is understood to be close to finalising a deal to buy premium fashion retailer Coggles from THG. The move follows the retail titan’s recent acquisition and administration of Matches earlier this year, s parking fears that the same fate may meet Coggles. THG snapped up the indie fashion retailer out of administration back in 2013, although it did not take its stores business.

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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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Chipotle Stock Price Plunged Before Split: Why?

Retail Wire

The Chipotle stock is splitting and is considered a good investment by professionals.

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The Weekly Closeout: Big Lots issues ‘going concern’ warning and Amazon ditches plastic air pillow packaging

Retail Dive

The discount retailer said it may not meet its credit and term loan obligations, while Amazon aims to drop plastic air pillows in North American shipments by the holidays.

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Bugatti $4M Tourbillion Supercar: What We Know

Retail Wire

The new Bugatti car will be available in 2026.

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Improving customer experience: 3 strategies to get ahead in 2024

Retail Customer Experience

No retailer needs hundreds of customer experience strategies. Here are three starting principles for building a strong CX foundation.

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Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions

Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.

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Cyberattacks Disrupt North American Car Dealerships

Retail Wire

Car dealerships across North America are grappling with significant disruptions following a series of cyberattacks on CDK Global, a major software supplier.

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Dollar General names Walmart vet as chief marketing officer

Retail Dive

The retailer also announced the appointment of six others to leadership roles in merchandising, store operations and asset protection.

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Forever 21 Seeks Rent Concessions Amid Financial Struggles

Retail Wire

Forever 21, a legacy fast-fashion retailer, is grappling with significant financial challenges and is now seeking rent concessions from some of its landlords to alleviate its financial strain.

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Macy’s kicks off summer with first campaign under new CMO

Retail Dive

The campaign will link back to the department store chain’s July Fourth fireworks display.

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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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Record-High Home Prices in the US

Retail Wire

The median price of a previously owned home in the United States reached a record high of $419,300 in May.

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Bark leads initiative for dog toy safety

Retail Dive

The pet retailer, known for its Super Chewer and Bark Box subscriptions, is working alongside international standards organization ASTM.

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JLL Arranges $84.2 Million Construction Financing for Nora District in West Palm Beach, Florida

Shopping Center

West Palm Beach, Fla. — JLL Capital Markets has arranged $84.2 million in senior construction financing for the first phase of the Nora District, a mixed-use redevelopment project in West Palm… The post JLL Arranges $84.2 Million Construction Financing for Nora District in West Palm Beach, Florida appeared first on Shopping Center Business.

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Beyond Meat launches next product in fourth generation formula lineup

Retail Dive

The plant-based pioneer is furthering its mission to make cleaner-label products by offering new sausage varieties.

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Turn Your Website Into a Money-Maker: Tips for Small Business Success

Your website can be more than just a digital presence—it can be a thriving profit center. Discover proven strategies to monetize your website, whether you sell physical products, digital downloads, or services. Learn the importance of user-friendly design, high-quality content, and tailored marketing to meet audience needs and boost engagement. Explore options like e-commerce, affiliate marketing, and subscriptions, and use analytics to optimize for success.

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Darden Restaurants CEO Notes Consumer Shift From Costly Fast Food to Casual-Dining Chains

Retail Wire

Darden Restaurants CEO Rick Cardenas revealed on Thursday's earnings call that customers, frustrated by rising fast-food prices, are now turning to casual dining chains.

Consumer 100
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Sportwear brand On taps warehouse drones

Retail Dive

The retailer has partnered with AI and robotics company Verity to improve fulfillment operations and inventory visibility.

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The Basics of How to Get Your Clothing Brand In Retail Stores

Retail Bound

Starting your own clothing line is a big move, given the competition. But the secret here is how you position your brand in the market, and you just have to be quick about it. Right now, there’s only one way you can massively distribute your products: Retail. The question is, how can you penetrate retail stores? In this quick guide, we will share important tips on how you can get clothing brand in retail stores.

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Ecommerce Market Expected to Gross $930 Billion This Year

LS Retail

©iStock/style-photography The U.S. e-commerce market is projected to gross $930 billion this year, up 15% from 2023, and constitute 25% of the world's total online retail sales. However, Statista data analysis indicates the Asian e-commerce industry, spurred by online retail giants such as Alibaba, AliExpress, JD.com and Rakuten, will gross $1.93 trillion in 2024, 16% more than in 2023 and accounting for more than half of global e-commerce revenue.

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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