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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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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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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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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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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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.

Fashion 275

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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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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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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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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 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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Milestone: Amazon Eliminates 95% of Plastic Air Pillows from Shipments

Retail TouchPoints

Amazon announced that it has replaced plastic air pillows with paper filler across 95% of its delivery packaging in North America and hopes to have the plastic air pillows completely removed by the end of the year. The effort marks Amazon’s largest plastic packaging reduction effort in North America to date, and the company estimates it will avoid using nearly 15 billion plastic air pillows annually.

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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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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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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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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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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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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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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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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.

Marketing 130
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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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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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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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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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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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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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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.

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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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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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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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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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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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Security Cloud Control: Pioneering the Future of Security Management

Cisco Retail

Organizations face a critical challenge today: attackers are exploiting the weakest links in their networks, such as unsecured users, devices, and workloads. This threat landscape is complicated by the shift from traditional data centers to a distributed environment, where protecting dispersed data across multiple touchpoints becomes complex.

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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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Enhancing AI Security Incident Response Through Collaborative Exercises

Cisco Retail

This playbook will serve as a great resource for coordinating AI security incidents among industry peers and global partners, ensuring a resilient and secure technological future

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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.