Retail Focus
MARCH 21, 2024
A garden or outdoor space is somewhere to go to relax and unwind during the warmer months of the year, and during the colder months, we dream of all the improvements we can make once we’ve banished the frosts and snow. Anyone planning a garden overhaul in the next few weeks might want tips on how to add layers of extra privacy so that the space can be enjoyed fully.
Inside Retail
MARCH 21, 2024
Piercing retailer SkinKandy is expanding into New Zealand, with Westfield Riccarton in Christchurch as its first location in the country. “Exciting growth continues at SkinKandy. Our international growth journey starts with hoardings up at our first store locations in New Zealand, getting ready to bring the piercing revolution to the amazing people of Aotearoa,” SkinKandy CEO Dain Friis said.
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Retail TouchPoints
MARCH 21, 2024
Target ’s announcement earlier this month that it was launching a paid membership plan almost felt like a foregone conclusion. Amazon ’s Prime membership has been paying dividends for the company for decades, and after Walmart followed suit with Walmart+ in 2020 , it was only a matter of time before Target entered the mix. With the addition of Target Circle 360, eight of the top 10 retailers in the U.S. now offer a paid membership, with the only two outliers being The Home Depot and Lowe’s.
Inside Retail
MARCH 21, 2024
Coles has delivered its first ‘transformational store’ through the group’s store renewal program. Located within Chadstone shopping centre, the largest shopping centre in Australia, the tweaked design comes as Vicinity Group invests in making Chadstone a renowned food destination in addition to being known as the nation’s “fashion capital.” Coles’ senior design and innovation manager Pete Rose described the project as turning a “tired shop” into an “incredible” one for the Chadstone shoppe
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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.
Retail TouchPoints
MARCH 21, 2024
Premium retailer Woolworths will deploy the iD Cloud RFID solution from Nedap to 217 Fashion, Beauty and Home stores across South Africa as it seeks to improve inventory accuracy and in-store replenishment. The solution, designed to move the retailer closer to its strategic objective of selling more with less stock, also sets up Woolworths to use RFID for loss prevention and supply chain improvements in the future.
Inside Retail
MARCH 21, 2024
Markus Jooste, former CEO of Steinhoff International , has been found dead in South Africa, just a day after the country’s financial regulator levied a $38 million fine against him. Jooste, aged 63, was charged for making false and misleading Steinhoff’s financial statements between 2014 and 2017, according to the Australian Financial Review (AFR).
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
MARCH 21, 2024
Australians are tipped to spend around $18 billion on DIY projects, holiday travel, and festive treats this Easter season. The Australian Retailers Association , in collaboration with Roy Morgan, identified the 2.4 per cent population growth to drive the higher Easter spending this year. Australians are estimated to spend $6.3 billion on home improvement, down 0.5 per cent from the previous year, with average DIY expenditure to stand at $852 per person. “Despite cost pressures, the lure of
Retail TouchPoints
MARCH 21, 2024
The National Retail Federation ( NRF ) projects that U.S. retail sales for 2024 will increase by 2.5% to 3.5% compared to the previous year, totaling between $5.23 and $5.28 trillion. That’s slightly less than the 3.6% increase seen in 2023, which saw sales reach $5.1 trillion , but it’s in line with the 10 -year pre-pandemic average annual sales growth figure of 3.6%.
Inside Retail
MARCH 21, 2024
Toys R Us has agreed to acquire arts and crafts retail brand Riot, expanding the toy company’s product offering and bolstering its position in the e-commerce space. “We’re merging Riot’s product range and passionate customer base with our cutting-edge e-commerce platform, creating a powerhouse for innovation, creativity and inspiration,” said Penny Cox, Toys R Us CEO since August last year. “This acquisition expands our product portfolio and strengthens our co
Retail TouchPoints
MARCH 21, 2024
In the ever-evolving landscape of ecommerce, retailers face the ongoing challenge of adapting their cloud infrastructure to meet the demands of unpredictable consumer behavior. With online shopping hitting record highs during the most recent Thanksgiving holiday weekend, many companies often focus on preparing for this annual period of peak demand. Yet, increasingly, there are other peak periods, such as turn-of-the-season shopping, Mother’s Day and back-to-school sales, not to mention unf
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Retail Wire
MARCH 21, 2024
Apollo Global Management, a prominent private equity firm, has made a hefty $11 billion offer to acquire Paramount Pictures along with the Paramount TV studios group.
Inside Retail
MARCH 21, 2024
Since its launch seven years ago, Australian underwear brand Step One has sold 14.7 million pairs of underwear. In a bid to change the underwear game, Sydney-based entrepreneur Greg Taylor founded Step One from his bedroom with just $5,000, initially as a men’s brand, before introducing its women’s range in 2020 and then a kids’ range. Step One became a publicly listed company raking in $70 million in revenue and $10 million in profit in under five years, trading on the Australian Stock Exchange
Retail Wire
MARCH 21, 2024
Starbucks has surged past Subway to claim the title of the world’s second-largest restaurant chain.
Inside Retail
MARCH 21, 2024
Armadale’s High Street has become one of the most expensive shopping destinations in Melbourne and the row of retailers is essentially a who’s who of Australian fashion. A walk down High Street is a tour of Australia’s most successful fashion brands – including renowned exports Zimmermann, Dion Lee, Silk Laundry, Venroy and Aje as well as national favourites Bassike, Camilla and Marc, Viktoria & Woods and Oroton.
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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
MARCH 21, 2024
Low-cost airline JetBlue is making strategic shifts in its routes and services to enhance its financial standing.
Inside Retail
MARCH 21, 2024
Inside Retail is kicking off a new video series exploring the key moments that shaped people’s retail careers, from the ‘Aha!’ moments when they first became interested in working in retail, to the big risks that paid off, and the best pieces of advice that resonated with them. Today’s episode features Marimekko creative director Rebekka Bay.
Retail Wire
MARCH 21, 2024
Chocolate candy is a staple of the Easter holiday. But will a steep increase in cocoa prices make it harder for consumers to fill their baskets with chocolate and other sweet treats?
Inside Retail
MARCH 21, 2024
Nike’s fiscal third-quarter revenue stood flat at US$12.43 billion amid minimally higher sales in North America, Greater China, and Asia Pacific and Latin America. But management has moved to reassure investors the company’s turnaround program is on track and already bearing fruit. The sports apparel company’s revenue grew 3 per cent to $5.07 billion in North America and 5 per cent to $2.08 billion in Greater China.
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
MARCH 21, 2024
As California gears up for a substantial minimum wage increase for fast-food workers, franchise owners like Kerri Harper-Howie find themselves caught in the crossfire of economic tensions.
Inside Retail
MARCH 21, 2024
Situated in the heart of Ahmedabad, a vibrant city renowned for its rich cultural heritage, Ekaya Banaras recently unveiled its latest endeavour – an enchanting experiential retail store that seamlessly blends timeless tradition with contemporary design. This venture marks another milestone for the esteemed luxury brand, known for its commitment to preserving and promoting the artistry of Banarasi textiles.
Retail Wire
MARCH 21, 2024
The Powerball jackpot has skyrocketed to an estimated total of $750 million after no tickets matched all six numbers from yesterday's game.
Inside Retail
MARCH 21, 2024
When UK and Irish discount book, games and toy retailer The Works set out to improve the accuracy and efficiency of its inventory management across its stores it turned to Zebra Technologies to revolutionise its back-end management system. The Works chose Zebra’s Workcloud Inventory Visibility solution because the retailer wanted to sustain a precise and correct inventory stock record and reduce any surplus within that record.
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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
Retail Wire
MARCH 21, 2024
A class action lawsuit has been filed against luxury brand Hermès, alleging violations of antitrust laws in California.
Inside Retail
MARCH 21, 2024
Last year, retailers were forced to focus on finding ways to mitigate the impact of the cost-of-living crisis on shoppers. This year, while consumers are still struggling to adapt to higher prices for staple goods and services, they are still spending on discretionary items creating a retail market where brands compete fiercely for their share of the consumer’s paycheque.
Retail Wire
MARCH 21, 2024
Official Retailer Says Buying a Rolex is More Possible Than You Might Imagine
Retail Gazette
MARCH 21, 2024
Waitrose is set to close its Enfield warehouse in the summer, placing 545 jobs at risk. A letter written to warehouse workers from the grocer’s online director Laura Burbedge claimed the lease on the building was set to expire in 2025, and that “while exploring contract negotiations with the landlord is possible… we know our rent costs at Enfield will increase”.
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
Retail Wire
MARCH 21, 2024
The stowaway was found when he tried to return to a seat that was not his.
365 Retail
MARCH 21, 2024
Independent frozen food pioneer, COOK , has inaugurated its 100th store in Poynton, Cheshire. This expansion comes at a time when many retailers face downturns, with COOK experiencing a 16% surge in sales over the last 11 months, reaching £109m. The new store in Poynton, strategically placed between Stockport and Macclesfield, is set to create 12 new jobs, contributing positively to the local economy.
Retail Gazette
MARCH 21, 2024
Aldi has unveiled its wish list of top priority locations to open stores across London, including Notting Hill, Chelsea and Richmond as it looks launch more sites. The discount grocer recently announced a long-term plan to operate 1,500 stores across the UK, with a particular interest in shops within the M25 due to strong demand for Aldi in the capital.
365 Retail
MARCH 21, 2024
Nespresso UK has ventured into the on-the-go coffee scene with the unveiling of a novel coffee shop model named ‘The Nespresso Bar’, strategically located in proximity to Liverpool Street station in the heart of London. The choice of location underscores Nespresso’s premiere foray into the bustling on-the-go coffee domain, situated at the UK’s most frequented commuter nexus.
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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.
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