Retail TouchPoints

MAY 9, 2024

Rehana’s Cosmetics , a perfume and cosmetics store located just blocks from the Macy’s flagship in midtown Manhattan, allegedly held more than $1 million in goods stolen from retailers including Macy’s, Ulta Beauty, CVS, Walgreens and Rite Aid. As part of a long-term investigation in cooperation with these retailers, Manhattan District Attorney Alvin Bragg has charged two people, and the store itself, with one count each of Criminal Possession of Stolen Property in the first, second and third de

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Sporting Goods Accounting Location Store Operations 147

Inside Retail

MAY 9, 2024

There was one key question following Wednesday’s announcement that the Australian Retailers Association (ARA) and the National Retail Association (NRA) will finally merge: who will lead the amalgamated body representing a thriving $400 billion industry that employs over 1.3 million Australians? Paul Zahra has led the ARA as CEO since April 2020, while the NRA is jointly led by Lindsay Carroll and Rob Godwin.

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Location ATS 290

Retail TouchPoints

MAY 9, 2024

What do Beyoncé, Harvard University and Target have in common? Each has faced legal action over claims they violated the Americans with Disabilities Act (ADA) with inaccessible websites. They’re hardly alone. In 2017, website and app lawsuits totaled just over 800, yet by the close of 2023, the volume had climbed to more than 8,200. And retail is the industry leading the way with the most ADA website lawsuits.

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Marketing Accounting Consumer Shopping 325

Inside Retail

MAY 9, 2024

Women’s swimwear label Seafolly has acquired its rival Tigerlily, offering a lifeline for the struggling brand following its voluntary administration. Seafolly – owned by Hong Kong-registered Bondi Brands Group – has bought the brand from private equity firm Crescent Capital Partners via a deed of company arrangement for an undisclosed sum, Capital Brief reported.

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Planning Accessories Fashion 279

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Customer Experience

Retail TouchPoints

MAY 9, 2024

Disney Advertising and Walmart ’s retail media division Walmart Connect are teaming up to bring retail media insights to Disney’s streaming TV platforms, including Hulu and Disney+ , for programmatic advertising campaigns and measurement. Walmart’s audience and measurement solutions will now be available for brands’ use across Disney’s addressable streaming inventory, offering advertisers closed-loop attribution on their campaigns by applying Walmart’s omnichannel purchase data via clean room te

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Advertising Apparel Marketing Planning 279

Inside Retail

MAY 9, 2024

The cost-of-trading and cost-of-living crises are two sides of the same coin. And it is becoming increasingly apparent that the government, retail industry and consumers will all need to play a part in easing the current economic circumstances. The trying macroeconomic conditions are not just driving an increase in costs but also a loss of confidence.

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Consumer Accounting ATS Shopping 278

Retail Wire

MAY 9, 2024

Reddit Inc. has unveiled fresh guidelines governing data on its platform, aiming to bolster its revenue streams through licensing deals with AI developers and other firms.

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Retail TouchPoints

MAY 9, 2024

This is the second part of our two-part series, “From Self-Checkout to Just Walk Out: A Look at Autonomous Retail Experiences.” In part one we went beyond the headlines to uncover the reality of the self-checkout situation. In part two, we’re examining the feasibility of fully autonomous checkout solutions like Amazon’s Just Walk Out. And stay tuned next week for a special bonus entry in the series — an on-the-ground take on the smart cart shopping experience.

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Checkout Payment Services Point of Sale Location 277

Retail Wire

MAY 9, 2024

It's the end of an era for the Chevrolet Malibu as General Motors is shutting its production down to focus efforts on a new electric vehicle.

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Retail TouchPoints

MAY 9, 2024

Sam Ash has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey and plans to close all of its 42 stores across 16 states. The privately owned family business, long known as a premiere music retailer, is exploring options that could include selling its ecommerce operations and related IP as well as its “Samson” wholesale business.

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Wholesale Planning Merchandise Store Store Operations 275

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Accounting

Retail Wire

MAY 9, 2024

The Bank of England is inching closer to reducing interest rates, signaling potential changes in its monetary policy.

Finance 264

Finance 264

Retail TouchPoints

MAY 9, 2024

The Vitamin Shoppe has introduced Whole Health Rx by The Vitamin Shoppe , a telehealth service that connects patients with licensed healthcare providers in real time and gives them access to a robust library of educational weight loss and wellness content. The service is focused on GLP-1 agonist medications such as Ozempic, Rybelsus and compounded versions of semaglutide and tirzepatide that have become the latest thing in weight loss.

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Fulfillment Visual Merchandising Store Operations ATS 273

Retail Wire

MAY 9, 2024

Amazon Ads has unveiled new ad formats for Prime Video users.

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Inside Retail

MAY 9, 2024

Let’s do a little branding test. I’m going to say two words: Das Auto. What brand comes to mind? When you think of the big brands, the ones everybody knows, they each had a defining tagline that became synonymous with the brand itself. Apple’s ‘Think Different’, Nike’s ‘Just Do It’, Mcdonald’s ‘I’m Lovin’ It’ Each tagline is not just an example of brilliant copywriting, but copywriting that defined iconic brands and carved out a p

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Consumer Marketing Management ATS 147

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Customer Experience

Retail Wire

MAY 9, 2024

AstraZeneca is the latest company to feel the COVID-19 vaccine demand slump.

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Retail TouchPoints

MAY 9, 2024

The biggest mall owner in the U.S., Simon Property Group , is making some shifts in its “side hustle” as a brand owner. On an earnings call discussing its Q1 2024 results, CEO David Simon shared that the company had sold its remaining stake in brand management firm Authentic Brands Group for $1.2 billion. The companies remain partners through their joint venture SPARC Group — through which they buy and rehabilitate struggling retail brands like Lucky Brand , Brooks Brothers , Forever 21 and Eddi

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Brand Management Management Planning Shopping 147

Retail Wire

MAY 9, 2024

Tesla has axed more than 3,400 job postings, leaving only three in North America.

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Inside Retail

MAY 9, 2024

Starting a global fashion brand was a long-held ambition of Australian designer Rebecca Vallance-Gasan, and in 2011 the Aussie took the leap to launch her eponymous brand Rebecca Vallance in London and New York. The following year, the brand launched in Australia. This week, the label officially opened its new Sydney flagship store in the city’s iconic Strand Arcade.

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Wholesale Fashion Boutique Accounting 147

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.

Fashion

Retail Wire

MAY 9, 2024

The openings should begin later in 2024.

Returns 263

Returns 263

Inside Retail

MAY 9, 2024

Coles Group ranked number one out of 40 organisations in the Access and Inclusion Index last year, jumping from third place in two years. “Disability inclusion has been an integral part of the Coles Group strategy for a number of years and we are delighted to have made changes across our business to reflect this, most notably in our employment and workforce representation, with 7.6 per cent of our 120,000 team members identifying as living with disability,” said Leah Weckert, Coles C

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Shopping ATS Supermarket 147

Retail Wire

MAY 9, 2024

Retail sales in April showed a modest uptick compared to the previous month, according to the latest CNBC/NRF Retail Monitor. However, a year-over-year decline was observed, attributed largely to the timing of Easter.

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Inside Retail

MAY 9, 2024

AKA Brands , parent of fashion retailer Culture Kings, has posted lower sales for the first quarter, driven by poor performance in Australia and New Zealand, offset by positive growth in the US. The company’s net sales fell 3 per cent to US$116.8 million ($177.7 million), down 1 per cent on a constant currency basis. The decrease was driven by a 19.1 per cent decline in Australia and New Zealand, where the average order value also dropped amid adverse macroeconomic conditions.

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Fashion Marketing Accessories 147

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Wholesale

Retail Wire

MAY 9, 2024

In a recent announcement, DICK'S Sporting Goods unveiled a multi-year partnership with two esteemed sports teams from Boston: the Celtics and the Red Sox.

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Sporting Goods 130

Inside Retail

MAY 9, 2024

OHTNYC is a New York-based accessories and apparel brand founded by Jinsol Woo, a one-time engineering student turned jewellery designer. Born out of creative frustration and boosted by TikTok, the brand has gained a following among Gen Z celebrities and musicians and is starting to target a wider audience. Woo attributes his success to his heritage as a South Korean-raised New Yorker, which gave the brand a point of difference and access to an international market from the beginning.

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Accessories Fashion Boutique Apparel 130

Retail Wire

MAY 9, 2024

Applebee's thinks it has the right burger formula to lure back customers.

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Inside Retail

MAY 9, 2024

Skincare and fragrance brand Aesop has opened its first signature store in Thailand. The interior of the store, at Bangkok’s Thonglor, is separated into two sections: the main area and the flow chamber. The design aims to offer a calm experience for customers, allowing them to enjoy “every gentle touch.” In partnership with Sher Maker Studio, the interior is lined with leftover teak wood from the building owner’s personal collection from the adjacent Bang Ban District The

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Location ATS 130

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

Customer Experience

Retail Gazette

MAY 9, 2024

WHSmith has unveiled 17 new Toys R Us shop-in-shops opening over the summer months across the UK. The high-street giant is set to open another 30 in time for Christmas, following the launch of nine Toys R Us concessions last year. The first 17 new Toys R Us locations: Fosse Park, Leicester Guildford, Surrey Halifax, West Yorkshire Hastings, East Sussex Hereford, Herefordshire Lancaster, Lancashire Maidstone, Kent Newton Abbott, Devon Richmond, London Royal Leamington Spa, Warwickshire Salisbury,

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Location Returns Shopping Management 119

Shopping Center

MAY 9, 2024

Eatontown, N.J. — Kushner has today broken ground on the $500 million mixed-use redevelopment of Monmouth Mall in Eatontown, roughly 50 miles outside New York City. Upon completion, the property will… The post Kushner Breaks Ground on $500 Million Redevelopment of Monmouth Mall in Eatontown, New Jersey appeared first on Shopping Center Business.

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Shopping 111

Retail Gazette

MAY 9, 2024

John Lewis has cut 3,800 roles in the past year in efforts to reduce costs across stores, according to new filings. The number of workers for the John Lewis Partnership fell to 70,500 at the end of January, from 74,300 the previous year, The Telegraph reported. The cuts coincided with the retailer saving roughly £26m in employment costs during the year, while its finances were also aided by its decision not to pay workers a cost of living bonus last year.

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Supermarket Finance Management Shopping 119

Retail Dive

MAY 9, 2024

That price could explain why the mall REIT is willing to jump back into ownership of retail tenants, after scaling back over the past several months.

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