Fri.Mar 08, 2024

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Burlington Plans to Open 100 New Stores in 2024

Retail TouchPoints

Off-price retailer Burlington Stores beat expectations for Q4 2023 (the 14 weeks ended Feb. 3, 2024), with total sales increasing 10% and comparable store sales growing 2% year over year. The quarter closed out a steady year for the chain, with comp store sales up 4% in fiscal 2023, although on an earnings call discussing the results CEO Michael O’Sullivan expressed disappointment that the company hadn’t performed better, identifying several opportunities for improvement in 2024.

Planning 287
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Woolworths loses Australia’s most-trusted brand crown 

Inside Retail

Bunnings has been named the most trusted brand for the year to December, dethroning Woolworths and ending the supermarket’s three-and-a-half-year dominance. Bunnings lost the title of Australia’s most trusted brand to Woolworths in May 2020. However, beginning October 2022, Bunnings has made a strong comeback, drawing the greatest increase in confidence among all those on the trusted brands list.

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Frasers to Shutter Matchesfashion Just Months After Acquisition

Retail TouchPoints

Frasers Group is shutting down luxury ecommerce site Matchesfashion just three months after acquiring the business , saying in a statement that “continued funding requirements would be far in excess of amounts that the Group considers to be viable.” As a result, Matches has been put into administration, the UK equivalent of bankruptcy. Since rebranding from Sports Direct International to Frasers Group in 2019, the company has been steadily growing its slate of fashion and lifestyle brands, which

Fashion 279
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Honda Releases the 2024 Prologue Electric SUV

Retail Wire

The automotive landscape is shifting, with electric vehicles (EVs) gaining traction as a viable alternative to traditional gas-powered cars. Amidst this transition, Honda introduces the 2024 Honda Prologue, marking its entry into the world of all-electric SUVs.

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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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There Goes the Sun: Warby Parker Offers Free Glasses to Safely View Upcoming Solar Eclipse

Retail TouchPoints

The Great North American Solar Eclipse on April 8 will be the last total solar eclipse (when the moon comes between us and the sun) that’s visible from the contiguous U.S. for the next 20 years. Warby Parker is trying to help more people view it safely by offering free ISO-certified solar eclipse glasses at all its stores beginning April 1, while supplies last.

Location 278
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Thrice the size: Oz Hair & Beauty plans 10 more shopfronts

Inside Retail

Australian hair and beauty retailer Oz Hair and Beauty will open 10 new storefronts throughout the country in a multi-million-dollar investment. Its newest location opens this month at Sydney’s Macquarie Centre. Anthony Nappa founded Oz Hair and Beauty in 2012, after his parents owned and maintained hairdressing salons in Sydney for many years, including their flagship Oz Hair salon in the Queen Victoria Building (QVB) since 1986.

Planning 264

More Trending

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Costco Ventures Into Selling Gold Bars and Silver Coins

Retail Wire

After locking in loyal $1.50 hot dog-soda customers, Costco is on the hunt for a new market in precious metal collectors and investors.

Marketing 288
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2024 Brought New PCI Requirements. Hackers Can Help You Keep Up

Retail TouchPoints

As the average cost of a breach hits $4.45 million , regulatory authorities are driving more industrywide requirements to address growing threats. The critical role payment and financial services play in the global economy means companies in this industry will be some of the first mandated to comply. That’s why it’s no surprise that the Payment Card Industry Security Standards Council (PCI-SSC) is updating its Data Security Standards (PCI DSS) to meet an increasingly challenging threat landscape

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Salesforce Unveils New AI Solutions for Healthcare Workers

Retail Wire

On Thursday, Salesforce revealed fresh data and artificial intelligence solutions tailored to alleviate the hefty administrative burdens faced by healthcare professionals, especially doctors.

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ARA launches Harvard Scholarship with CEW for women leaders in retail

Inside Retail

Women leaders in the retail industry have an opportunity to study at the Harvard Business School in Boston, USA, through a scholarship program run by the Australian Retailers Association (ARA) and Chief Executive Women (CEW). Now in its third year, the ARA CEW Women Leaders in Retail Scholarship program aims to address gender inequity by offering women a chance to accelerate their professional development.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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ALDI Reveals Expansion Plans Across America

Retail Wire

Discount grocer ALDI has revealed ambitious plans for growth in the United States, aiming to open 800 new stores by the end of 2028.

Planning 262
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Can a smaller-format Whole Foods help Amazon win in the grocery market?

Inside Retail

Last week, Amazon -owned grocery chain Whole Foods announced the launch of a new format store, Whole Foods Market Daily Shop, to make grocery shopping more convenient for urban consumers. The first location is expected to open in New York City later this year. It will be the first Whole Foods store in Manhattan to offer Juice & Java, a venue for coffee, tea, fresh pressed juices, smoothies, sandwiches, soups and various desserts.

Marketing 130
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Why Recalls Have Been on the Rise

Retail Wire

Over the past two weeks alone, the FDA has identified a dozen recalls, market withdrawals, and safety advisories spanning products ranging from eye ointments to chocolate bars and ground cinnamon.

Marketing 162
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The retail turnaround rules

Inside Retail

The 2024 Australian Retail Outlook is out now. This must-read resource is packed with exclusive insights from Inside Retail’s survey of retailers about their performance, plans and predictions for the year ahead; trend analyses and advice from industry experts; and interviews with leading retailers, including Ikea, Lush, Outland Denim, Milligram, and many more, about their growth strategies in 2024 and beyond.

Planning 130
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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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Boeing 737 Skids off Runway at George Bush Intercontinental Houston

Retail Wire

On Friday morning, a United Airlines flight took an unexpected detour at George Bush Intercontinental Airport in Houston. The Boeing 737 aircraft, arriving from Memphis International Airport, veered off the runway around 8 a.m. while taxiing toward the gate.

ATS 130
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Prada celebrates strong growth, but warns of uncertainties

Inside Retail

Prada Group’s annual net revenue grew amid higher retail sales despite cost of living pressures in many international markets. The luxury retailer’s net revenue increased 17.2 per cent to €4.7 billion (A$7.747 billion) with retail sales up 17.2 per cent to €4.2 billion ($6.92 billion). Prada brand’s net sales climbed 12.1 per cent, while Miu Miu surged 58.2 per cent and other net sales rose 19.4 per cent.

Marketing 130
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Häagen-Dazs Celebrates Trailblazing Women With The Rose Project

Retail Wire

In an ode to the unsung heroes of our time, Häagen-Dazs proudly unveils The Rose Project's latest champions. These exceptional women, dubbed the "Women Who Don't Hold Back," are paving the way for a brighter future. And now, the search for the next wave of inspirational figures begins, as nominations open for The Rose Project Class of 2024.

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Tesco blasted as pay rise delay leaves many workers earning under minimum wage

Retail Gazette

Tesco has been criticised after a month-long delay to a promised pay rise has left hundreds of staff earning less than the minimum wage. The grocery giant, which employs more than 330,000 workers, revealed this week it was increasing the minimum pay for its shop workers from £11.02 to £12.02 as of 28 April – almost a month after the legal minimum wage for those aged 21 and over increases to £11.44.

Shopping 111
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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

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.

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US Lawmakers Push New Bill To Restrict TikTok for Security Concerns

Retail Wire

A renewed effort on Capitol Hill targets TikTok, a popular app owned by China-based company ByteDance, due to concerns over potential ties to the Chinese government. Despite previous attempts stalling, a new bill gains traction, aiming to safeguard national security.

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Primark Birmingham Welcomes PHOTO by Fujifilm Concession

365 Retail

Fujifilm has officially launched its PHOTO by Fujifilm concession within the largest Primark store in the world, located in Birmingham. This introduction marks the commencement of an expanding partnership between the two brands, aimed at enriching the shopping journey with the excitement and creativity of instant photo capturing for the local community.

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United Airlines Loses Tire Immediately After Takeoff in San Francisco

Retail Wire

A flight en route to Japan lost one tire, which landed in an airport employee parking lot.

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B&Q launches in-store partnership with paint company Lick

Retail Gazette

B&Q has launched an in-store partnership with paint company Lick, to sell its products in shops for the first time. The retailer is set to sell a range of paint, samples and decorating accessories from the paint business in stores throughout the UK and Ireland. The DIY company first began stocking Lick paint on its website back July, but its latest move means the products can now be found in stores along with an interactive, digital screen allowing customers complete a quiz to receive colour

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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

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Media Titan Rupert Murdoch, 92, to Marry for the Fifth Time

Retail Wire

The business magnate will wed retired molecular biologist Elena Zhukova in June.

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Matalan reshuffles senior leadership team as ‘ambitious’ transformation plan continues

Retail Gazette

Matalan has hired a host of new senior leaders to the company, as it presses on with its “ambitious” business transformation. The group has appointed former Boden director of product management and experience, David Seeby as its new director of online, in a bid to drive forward its ecommerce offer. Former Co-op director of strategic planning and solutions John O’Driscoll joins the retailer as its new director of strategy, overseeing the delivery of the leadership team’s strategic pla

Planning 105
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Aldi Plans 800-Store Expansion Across the U.S. by 2028

Shopping Center

Batavia, Ill. — German discount grocer Aldi has announced plans to add 800 new locations across the United States by the end of 2028. The company will invest more than $9… The post Aldi Plans 800-Store Expansion Across the U.S. by 2028 appeared first on Shopping Center Business.

Planning 100
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John Lewis Lego bouquets grow in popularity for Mother’s Day

Retail Gazette

John Lewis has reported a spike in demand for its Lego floral bouquets as an alternative gift idea for Mother’s Day. Sales of the ever lasting flowers have soared 817% over the last two weeks, compared to the same time last year, with the hashtag #legoflowers racking up 31.8k posts on TikTok, according to the retailer. Bestsellers for Mother’s Day include Lego daffodils, sunflowers, and its 939-piece Icons 10313 wildflower bouquet, as the bouquets reportedly grow in popularity as a m

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

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Protect Your Cloud Environments with Data Security Observability

Cisco Retail

Data is the new fuel for business growth Data is at the heart of seemingly everything these days, from the smart devices in our homes to the mobile apps we use on the go every day.

ATS 98
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Best Buy’s suppliers help defray costs in choppy electronics market

Retail Dive

The retailer logged $20 million in vendor spending on things like promotions, displays, special staffing and fulfillment services.

Marketing 103
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Are you AI-Ready? Cisco Networking Academy is closing the gender gap in AI

Cisco Retail

LinkedIn workforce data shows that women are still significantly underrepresented in the Science Technology Engineering Math (STEM). Despite making up almost half (49.

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Saluting All Women Worldwide For Their Enormous Achievements

LS Retail

©iStock/PeterSnow "The most important thing one woman can do for another is to illuminate and expand her sense of actual possibilities.

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How to Maximize Amazon Sales and Crush the Competition

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.