Retail Focus
JUNE 3, 2024
Bingo, a quintessentially British pastime, is experiencing an unexpected resurgence in the UK. After years of decline, driven by changing social habits and the advent of online gaming, bingo halls are making a remarkable comeback on the high streets. This revival is attributed to several factors, ranging from nostalgia and social interaction to innovative business strategies and the influence of online bingo games.
Retail TouchPoints
JUNE 3, 2024
Tasty snacks are non-negotiable for any successful sports-themed gathering. Six-foot subs, chips and chicken wings are staples; in fact, among the 39% of consumers who planned to participate in March Madness watch parties, half gravitated to these types of salty snacks — but 39% planned to indulge in candy and chocolate, according to Hershey ’s Consumer Insights team.
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Inside Retail
JUNE 3, 2024
It’s no secret that consumers are still spending big on their pets even in a cost of living crisis – and the launch of luxury pet accessories brand Mon Petit Amour Manolo, which sells collars starting at $550, is proof of this. With the number of pets in Australia surpassing the human population according to a national survey, it comes as no surprise that the Australian pet industry was valued at $3.7 billion in 2023.
Retail TouchPoints
JUNE 3, 2024
What a difference two years make: Dollar General was enthusiastic enough about self-checkout in June 2022 that it announced trialing 100% self-checkout at 200 stores. Now, the discount retailer has removed self-checkout from approximately 12,000 stores since the beginning of 2024, including 3,000 in May alone, citing shrink as the primary reason for the change.
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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.
Inside Retail
JUNE 3, 2024
Shein is getting ready to touchdown in Perth, marking the brand’s first visit to Western Australia after successful activations in Brisbane, Melbourne, and Sydney. This will be the global online fashion retailer’s seventh Australian pop-up and is set to showcase its extensive range of on-trend, affordable and size-inclusive collections. “Shein is thrilled to be making our first visit to Perth, bringing to life another in-person, immersive shopping experience.
Retail TouchPoints
JUNE 3, 2024
JD Sports will implement the AI Search solution from Algolia as it seeks to modernize its online presence and stores based on an omnichannel, composable approach. Adoption of the solution complements the retailer’s rebranding as simply JD. In addition to enhancing JD’s ecommerce experience, the Algolia solution will provide the retailer with global AI search and revenue analytics, unlocking a new set of analytics and data for the business.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
JUNE 3, 2024
Households in the greater Philadelphia area as well as Boston, Detroit, Minneapolis and San Bernardino, Calif. will now have access to Walmart InHome, the retailer’s top-shelf delivery service. The expansion brings InHome — which launched in October 2019 in three markets — to more than 50 markets covering 45 million homes. As its name suggests, InHome gives Walmart associates a one-time access code to unlock the customer’s door or garage for in-home delivery.
Inside Retail
JUNE 3, 2024
After working in ad agencies across retail clients for more than 20 years I moved to a startup. It was a fascinating place – innovative and very well-run. Still is. Beyond the wake-up call of an industry change, I found the startup mentality incredibly interesting and refreshing. Finding customers is one thing, but evoking a sense of loyalty where there is literally none, is another.
Retail TouchPoints
JUNE 3, 2024
As consumers become increasingly proactive and sophisticated when it comes to their health, they are more interested in purchasing wearable technology than ever before. Thanks to minimally invasive wearable accessories, people can keep a close eye on every aspect of their health, including sleep optimization, heart rate, oxygenation, and more. However, monitoring only goes so far.
Retail Wire
JUNE 3, 2024
It is not clear where the cucumbers were tainted with salmonella.
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Retail TouchPoints
JUNE 3, 2024
Fast fashion platform Shein is expanding its resale program to Europe and the UK after debuting the peer-to-peer exchange in the U.S. in October 2022. The Shein Exchange resale platform allows users to easily buy and sell previously owned Shein products within the Shein app. The program’s expansion into Europe will roll out in phases, beginning in France — which has, coincidentally, been one of the most proactive countries fighting the impact of fast fashion with legislation and regulation.
Inside Retail
JUNE 3, 2024
Woolworths has opened a Mini Woolies at Tafe NSW’s Port Macquarie campus to help local students with disabilities gain vocational skills. The location is part of the Mini Woollies program, which was developed in collaboration with Fujitsu, and is the first on the mid-north coast of NSW. It is also the fourth with Tafe NSW in a Vocational Education and Training (VET) facility.
Retail Wire
JUNE 3, 2024
Amidst the intricate web of economic indicators shaping the landscape, U.S. factory activity in May tells a tale of challenge and resilience.
Inside Retail
JUNE 3, 2024
Banana Republic has unveiled its revitalized New York City flagship store in the heart of SoHo’s Cast Iron Historic District. After a months-long renovation, the store is designed to be a cultural curation of the Gap Inc brand’s ethos of modern exploration with its latest 17,000sqft store spread across two stories. The space itself was reimagined to be a premium expression of Banana Republic in collaboration with renowned architect and interior designer Noa Santos, of Nainoa, and creative adviso
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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.
Retail Wire
JUNE 3, 2024
In a fresh twist to the GameStop saga, the video game retailer's shares are once again experiencing a remarkable surge.
Inside Retail
JUNE 3, 2024
Zara will expand its live shopping broadcasts to the UK, Europe and the United States this year, testing a format that is already wildly popular in China but one with which Western shoppers are less familiar. The fast-fashion brand, whose parent Inditex reports quarterly results on Wednesday, is investing in new ways to engage shoppers as analysts expect sales to grow less strongly after an extraordinary post-pandemic surge.
Retail Gazette
JUNE 3, 2024
With just a month until the general election, political parties from across the spectrum start setting out their plans on how to reinvigorate the economy. As the largest private sector employer, retail will rank high on the list. We ask a selection of the industry’s leaders what they want from the new government. Iceland executive chairman Richard Walker “Over the past few months, I’ve been dedicating quality time to visit Iceland stores up and down the country to listen to the
Inside Retail
JUNE 3, 2024
Maxx Coffee is redefining the café experience with the launch of Terrace, its latest concept store situated in the vibrant Kemang Village in South Jakarta. This innovative venture not only highlights Maxx Coffee’s commitment to quality and community but also introduces an immersive environment where guests can connect, collaborate, and enjoy an elevated selection of artisanal beverages and freshly prepared food.
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.
Retail Wire
JUNE 3, 2024
Spotify has announced an upcoming adjustment to its Premium subscription prices in the United States.
Retail Gazette
JUNE 3, 2024
Frasers Group has hired the city regulator’s former boss Sir Jon Thompson as a non-executive director. The group , which owns brands including Sports Direct, Flannels and House of Fraser, said the appointment of the Financial Reporting Council’s ex-chief executive reaffirms its commitment to elevating its board. It said Thompson’s expertise in corporate governance, reporting and audit will “strengthen the execution of Frasers’ long-term growth strategy and continue to position the gr
Retail Wire
JUNE 3, 2024
The entertainment landscape is in the midst of a monumental shift due to a staggering development.
Retail Gazette
JUNE 3, 2024
Co-op has unveiled a new partnership with Bonmarché, which sees the fashion retailer launching a shop inside the supermarket’s Louth store in Lincolnshire. Louth’s Co-op, based in Northgate, has undergone a 12-week programme of works and improvements, with the makeover including the introduction of the 3,000 sq ft Bonmarché store, marking the first partnership between the businesses.
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Retail Wire
JUNE 3, 2024
SHEIN is currently preparing to file for its London Stock Exchange initial public offering.
Retail Gazette
JUNE 3, 2024
M&S bosses Stuart Machin and Katie Bickerstaffe were paid just almost £5m each in total over its last financial year on the back of soaring profits for the retailer. Chief executive Stuart Machin’s £4.73m payout was a 75% jump on last year’s package, and came from a fixed pay of £908,000 and £3.82m in performance related pay, which is subject to holding periods and is dependent on future share price growth.
Retail Wire
JUNE 3, 2024
The CEO asserts that the company has not shrunk its portions, despite social media claims.
Retail Gazette
JUNE 3, 2024
The bank holiday weekends provided a small boost to retail sales in May, helping to offset a more challenging performance across the rest of the month. The latest figures from the British Retail Consortium and KPMG show that total sales rose 0.7% in the four weeks to 25 May, compared to 3.9% in 2023. Food sales increased 3.6% over the three months to May, against a growth of 9.5% last year.
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
365 Retail
JUNE 3, 2024
Evri , the UK’s largest dedicated parcel delivery company, has announced a £1 million investment in its artificial intelligence (AI) strategy to improve customer service and streamline parcel delivery operations. The investment aims to leverage AI for smarter data usage, enhanced parcel security, and optimised workforce productivity. Future plans include exploring augmented reality headsets for couriers.
Retail Gazette
JUNE 3, 2024
Boots tycoon Stefano Pessina has had more than £1.5bn shaved off his fortune as the health and beauty retailer’s owner Walgreens shares have dropped dramatically. The market value of Pessina’s holding in Walgreens, where he is executive chair, plummeted to £1.73bn from £3.46bn the prior year, The Times reported. Walgreens shares plunged more than 40% over the last year, during a period where the S&P 500 share index of the US’ largest listed companies gained 9%.
Shopping Center
JUNE 3, 2024
Mount Pleasant, S.C. — Trader Joe’s has signed a lease to open a new store at Sweetgrass Corner, a 90,000-square-foot shopping center located in Mount Pleasant, roughly five miles outside downtown… The post Trader Joe’s to Open 14,000-Square-Foot Store at Sweetgrass Corner in Metro Charleston appeared first on Shopping Center Business.
Retail Wire
JUNE 3, 2024
American palates are heating up as consumers increasingly embrace spicier, more flavorful food and drink options.
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