Retail TouchPoints
JUNE 21, 2024
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.
Inside Retail
JUNE 21, 2024
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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Retail TouchPoints
JUNE 21, 2024
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.
Inside Retail
JUNE 21, 2024
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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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.
Retail TouchPoints
JUNE 21, 2024
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
Inside Retail
JUNE 21, 2024
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.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail Wire
JUNE 21, 2024
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.
Retail Gazette
JUNE 21, 2024
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.
Retail Wire
JUNE 21, 2024
A Michigan-based company, myCharge, has initiated a recall of approximately 567,000 portable battery chargers sold at Costco locations across the United States.
Retail Gazette
JUNE 21, 2024
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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Retail Wire
JUNE 21, 2024
American Airlines said it was working to restore trust with its customers.
Retail Dive
JUNE 21, 2024
The chains, in a “liquidity crisis” since their bank found them to be in default, require emergency funding to make payroll Friday.
Retail Wire
JUNE 21, 2024
Vitamix has broadened its recall of certain blender parts due to potential deep-cutting hazards, affecting models priced as much as $990.
Retail Dive
JUNE 21, 2024
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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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.
Retail Wire
JUNE 21, 2024
Car dealerships across North America are grappling with significant disruptions following a series of cyberattacks on CDK Global, a major software supplier.
Shopping Center
JUNE 21, 2024
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.
Retail Wire
JUNE 21, 2024
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.
Retail Dive
JUNE 21, 2024
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.
Advertiser: Experience Retail Today
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.
Retail Wire
JUNE 21, 2024
The Chipotle stock is splitting and is considered a good investment by professionals.
Retail Bound
JUNE 21, 2024
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.
Retail Wire
JUNE 21, 2024
The median price of a previously owned home in the United States reached a record high of $419,300 in May.
LS Retail
JUNE 21, 2024
©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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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
Retail Wire
JUNE 21, 2024
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.
Retail Customer Experience
JUNE 21, 2024
No retailer needs hundreds of customer experience strategies. Here are three starting principles for building a strong CX foundation.
Retail Wire
JUNE 21, 2024
The new Bugatti car will be available in 2026.
Retail Dive
JUNE 21, 2024
The retailer also announced the appointment of six others to leadership roles in merchandising, store operations and asset protection.
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
Cisco Retail
JUNE 21, 2024
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.
Retail Dive
JUNE 21, 2024
The pet retailer, known for its Super Chewer and Bark Box subscriptions, is working alongside international standards organization ASTM.
365 Retail
JUNE 21, 2024
Love Island enthusiasts are in for an exciting treat this summer as the beloved TV show launches its first-ever Love Island Pop-Up Shop at Bluewater Shopping Centre. The store will open its doors next Tuesday, 25th June, and will be available for fans to visit for an exclusive four-week period. As the eleventh series of Love Island airs on ITV2 and ITVX every Sunday to Friday at 9 pm, the show continues to capture a significant audience.
Retail Dive
JUNE 21, 2024
The plant-based pioneer is furthering its mission to make cleaner-label products by offering new sausage varieties.
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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.
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