Retail Wire

MARCH 8, 2024

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

Marketing 288

Retail TouchPoints

MARCH 8, 2024

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

Planning Location Accounting ATS 287

Inside Retail

MARCH 8, 2024

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.

Supermarket 279

Supermarket 279

Retail TouchPoints

MARCH 8, 2024

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

Fashion Management Marketing 279

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Customer Experience

Retail Wire

MARCH 8, 2024

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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Retail TouchPoints

MARCH 8, 2024

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

Location ATS 278

Retail TouchPoints

MARCH 8, 2024

Discount supermarket retailer Lidl U.S. has named four executives with extensive retail experience to top posts, including naming Frank Kerr as the company’s first-ever Chief Customer Officer. Kerr is returning for a second stint at Lidl U.S., where he was one of the first 50 employees, and he’ll be responsible for driving a holistic customer experience using consumer insights, marketing, loyalty and promotions.

Supermarket 278

Supermarket Customer Experience Promotions Marketing 278

Retail Wire

MARCH 8, 2024

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

Planning Grocer 262

Retail TouchPoints

MARCH 8, 2024

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

Merchant Services 264

Merchant Services Payment Services Management Planning 264

Retail Wire

MARCH 8, 2024

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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Inside Retail

MARCH 8, 2024

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.

Management 227

Management ATS 227

Retail Wire

MARCH 8, 2024

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

Marketing 162

Inside Retail

MARCH 8, 2024

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

Marketing Grocer Location Supermarket 130

Retail Wire

MARCH 8, 2024

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

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147

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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.

Customer Experience

Inside Retail

MARCH 8, 2024

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

Planning Management Consumer ATS 130

Retail Wire

MARCH 8, 2024

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

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130

Inside Retail

MARCH 8, 2024

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

Marketing 130

Retail Wire

MARCH 8, 2024

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

ATS 130

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Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.

Marketing

Retail Customer Experience

MARCH 8, 2024

Eliminating friction points is key to driving online sales, and one of the best ways to do so is with shoppable ads.

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119

Retail Wire

MARCH 8, 2024

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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130

Cisco Retail

MARCH 8, 2024

Join us as we dive deeper into Cisco and Cisco partner technology deployed at the Cisco Store!

Management 116

Management ATS 116

Retail Wire

MARCH 8, 2024

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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130

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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.

Customer Experience

Retail Customer Experience

MARCH 8, 2024

Ulta Beauty is testing a next-gen in-store sampling program via SOS smart vending machines that provides guests with easy and fast product discovery.

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Retail Gazette

MARCH 8, 2024

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

Shopping ATS 111

365 Retail

MARCH 8, 2024

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.

Kiosk 111

Kiosk Fashion Accessories Location 111

Retail Gazette

MARCH 8, 2024

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

Accessories 109

Accessories Shopping ATS 109

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Marketing

Retail Dive

MARCH 8, 2024

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

Marketing 105

Marketing Fulfillment Promotions 105

Retail Gazette

MARCH 8, 2024

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

Planning Fashion Finance Marketing 105

Retail Dive

MARCH 8, 2024

The retailer faced $98.3 million in impairment and restructuring charges from Quiet Platforms in Q4 as it adjusted to reduced e-commerce fulfillment demand.

Fulfillment 104

Fulfillment 104

Retail Gazette

MARCH 8, 2024

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

Department Stores 105

Department Stores 105

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