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
Digital gift card platform Prezzee has more than tripled its sales for the 18 months ended December 2023, according to its financial report lodged with the Australian Securities and Investments Commission. Card sales during the period grew 205 per cent from $1.1 billion to $3.4 billion, while revenue jumped 178 per cent from $58 million to $161 million.
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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
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
Speaker: Jason Cottrell and Gireesh Sahukar
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
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
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Retail TouchPoints
JUNE 21, 2024
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.
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.
Retail TouchPoints
JUNE 21, 2024
Walmart is partnering with Agritask , a crop supply intelligence solution, on a pilot that will deploy Agritask’s remote sensing and data analytics tools in various regions of the U.S. and Mexico in order to provide hyperlocal insights on seasonal blackberry and cherry crops from select Walmart suppliers. The real-time monitoring will help drive rapid response to adverse environmental conditions in order to better manage supply and enhance overall product quality.
Retail Wire
JUNE 21, 2024
American Airlines said it was working to restore trust with its customers.
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AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran
Retail TouchPoints
JUNE 21, 2024
There’s no shortage of companies trying to crack the code of social commerce in the U.S. — from the biggest social media platforms to small start-ups. But Bob D’Loren, longtime Chairman and CEO of Xcel Brands (parent company of brands including Halston , Judith Ripka and Isaac Mizrahi ) thinks he’s found the key. Bob D’Loren, Co-founder, ORME and Chairman & CEO, Xcel Brands “What everyone else is doing at the moment, in various different ways, is video commerce; what we are doing is f
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 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
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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Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
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.
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 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
The Chipotle stock is splitting and is considered a good investment by professionals.
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Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.
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.
Retail Wire
JUNE 21, 2024
The new Bugatti car will be available in 2026.
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.
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.
Speaker: David Worrell, CFO, Author & Speaker
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
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
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 retailer also announced the appointment of six others to leadership roles in merchandising, store operations and asset protection.
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.
Advertiser: ZoomInfo
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Retail Dive
JUNE 21, 2024
The campaign will link back to the department store chain’s July Fourth fireworks display.
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.
Retail Dive
JUNE 21, 2024
The pet retailer, known for its Super Chewer and Bark Box subscriptions, is working alongside international standards organization ASTM.
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