Fri.Mar 08, 2024

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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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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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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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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
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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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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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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 257

More Trending

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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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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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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 240
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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 Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Lidl Names New Chief Commercial Officer and First-Ever Chief Customer Exec

Retail TouchPoints

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.

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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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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 229
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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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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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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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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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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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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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Modernizing the Frontend Experience on Salesforce Commerce Cloud

Unlock agility, boost performance, and gain control over your Salesforce frontend with the latest masterclass from Composable.com : Modernizing the Frontend Experience on Salesforce Commerce Cloud Featuring experts from Algolia, Ember, Netlify, and Stripe, this masterclass focuses on practical strategies for optimizing your Salesforce Commerce Cloud storefronts using modern composable commerce integrations.

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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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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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How shoppable ads protect and streamline the retail customer journey

Retail Customer Experience

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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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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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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Ulta Beauty pilots smart vending for in-store product discovery experience

Retail Customer Experience

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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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.

Kiosk 109
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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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Retail Tech Deep-Dive: Meraki MV Smart Cameras

Cisco Retail

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

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Website Security Essentials: Protect Your Site and Strengthen Cybersecurity

In a digital-first world, website security is non-negotiable. This comprehensive guide explores the critical importance of securing your site against hackers and vulnerabilities like SQL injection, XSS, and malware. Discover tools like SiteLock for threat monitoring and CodeGuard for seamless backups, ensuring robust protection for your data and operations.

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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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Real Madrid: Pushing the Boundaries of What’s Possible at the Santiago Bernabéu Stadium

Cisco Retail

When you think about Real Madrid, you instantly think about legends, greatness, and iconic moments.

ATS 98
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Activating Intent Data for Sales and Marketing

Sales and marketing leaders have reached a tipping point when it comes to using intent data — and they’re not looking back. More than half of all B2B marketers are already using intent data to increase sales, and Gartner predicts this figure will grow to 70 percent. The reason is clear: intent can provide you with massive amounts of data that reveal sales opportunities earlier than ever before.