Wed.Sep 04, 2024

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Reimagining Retail: Where Online Meets the High Street

Retail TouchPoints

Embracing the Evolution In an era when digital convenience often reigns supreme, physical stores face the challenge of declining foot traffic. Despite the undeniable appeal of online shopping, which offers unparalleled speed and convenience, brick-and-mortar stores still hold significant value for customers, providing tangible, sensory experiences and serving as community hubs that foster human connection.

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Big W revamps clothing range after 18 months of research 

Inside Retail

Big W has unveiled 82 new women’s and men’s apparel products after 18 months of research to address customer feedback on fit. The collection contains jeans, tees, linen blends, and activewear, with 80 per cent of the range priced under $20. According to Big W, the new initiative was developed through close collaboration with real customers, including wear and wash testing, to identify areas for improvement in fit, size consistency, and comfort.

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Einstein Bros. Bagels Unveils New Fall Flavor Combo

Retail Wire

Einstein Bros. Bagels is introducing a new seasonal offering, the "Fall Flavor Fling" Combo, starting today. The limited-time promotion features the Maplehouse Breakfast Sandwich, accompanied by a Twice-Baked Hash Brown and a Classic Cold Brew Coffee, all for $9.99.

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Coles’ rebranding pilot could end an era for two leading liquor banners

Inside Retail

Coles Liquor will rebrand some of its Vintage Cellars and First Choice Liquor Market stores to Liquorland Cellars and Liquorland Warehouse. The transformation will be launched in November in six First Choice Liquor Market and three Vintage Cellars stores in South Australia, in addition to two Queensland’s First Choice Liquor Market stores and three Victorian Vintage Cellars.

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How To Drive Retail Results With Integrated Tech And UX Design

Speaker: Jennifer Wright and Nick Barron

Navigating the complexities of e-commerce requires more than just the right technology - It demands a holistic strategy that aligns platform capabilities with customer- centric design and marketing. This webinar will provide a roadmap for building a robust e-commerce strategy, guiding you through key decisions from platform selection to creating user experiences that convert, and leverage digital marketing to reach and retail customers.

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Rite Aid ‘Marks a New Beginning’ as Private Company with Emergence from Bankruptcy, New CEO

Retail TouchPoints

Rite Aid has successfully completed its financial restructuring and emerged from Chapter 11 as a private company. The chain now has a smaller store footprint of approximately 1,300 stores , down from 2,100 prior to the retailer’s October 2023 bankruptcy. As part of this new chapter the retailer has named CFO Matt Schroeder as its new CEO, succeeding Jeffrey Stein, who has stepped down as CEO and Chief Restructuring Officer.

Finance 246
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Pentaleap and Home Depot Partner To Revolutionize Home Improvement Retail Advertising

Retail Wire

Pentaleap Inc. has announced a strategic partnership with Orange Apron Media, The Home Depot’s retail media division.

More Trending

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Bath and Body Works To Launch Generative AI Fragrance Finder

Retail Wire

The use of this AI tool should elevate the brand when it comes to customer satisfaction.

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Just Walk Out Technology Scores at Football Stadiums and on College Campuses

Retail TouchPoints

Amazon ’s Just Walk Out (JWO) cashierless technology has found a welcoming home in sports stadiums, a trend that will continue this fall, with a total of 14 new stores joining those already in place at Lumen Field in Seattle and Commanders Field outside Washington, D.C., as well as Baltimore’s first JWO store at M&T Bank Stadium. In May 2023 events venues including Six Flags also began using the JWO technology.

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Macy’s Set To Close 55 Stores by the End of 2024

Retail Wire

Macy's continues its quest to close underperforming stores.

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Nordstrom Family Members, Mexican Retailer Offer $3.76B to Take Retailer Private

Retail TouchPoints

Nordstrom has received a bid from members of the Nordstrom family, along with Mexican department store retailer El Puerto de Liverpool , to take the company private in a deal valued at $3.76 billion. The retailer’s board of directors confirmed that the group, led by Erik and Pete Nordstrom — currently CEO and President, respectively — have offered $23 per share in cash for all outstanding shares not currently owned by them, other family members or Liverpool.

Finance 225
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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.

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Southwest Airlines Brings Back Companion Pass BOGO Promotion

Retail Wire

Its BOGO time at Southwest, so pick the person you want to take that free flight with.

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Consumer Products Watchdog Calls for Investigation of Shein, Temu Business Practices

Retail TouchPoints

Two commissioners at the U.S. Consumer Product Safety Commission (CPSC) have called for an investigation into the operations of foreign-owned ecommerce sites, with Shein and Temu named specifically. Commissioners Peter Feldman and Douglas Dziak said in a statement that they are tasking CPSC staff with investigating “the companies’ safety and compliance controls; relationships with third-party sellers and consumers; and any representations they make when products are imported” to determine if the

Consumer 162
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Subway Launched These New Menu Items in Canada This Week

Retail Wire

Subway has launched 10 new items on its menu in Canada.

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Pip Edwards returns to Ksubi as creative director

Inside Retail

Pip Edwards has returned to Ksubi as creative director after departing the activewear label PE Nation last month. Edwards considers her return to the denim brand as a “true full circle moment.” “Having been part of the original crew 20 years ago, I’m so excited to join the talented team at Ksubi once again and contribute to their already impressive global success,” said Edwards.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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Costco Members Face Higher Annual Fees as Price Hike Takes Effect

Retail Wire

To stay active, Costco Gold Star members will pay $5 more per year.

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Exclusive: Milligram founder Scott Druce talks new global role at Typo

Inside Retail

When you’ve spent your entire retail career as the CEO of your own company, interviewing for a new job can be an awkward experience. “I was ill-equipped in some ways. I didn’t even have a CV,” said Scott Druce, founder of the upscale Australian stationery chain Milligram, who recently announced his departure from the business he started in 2007.

ATS 147
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Ulta Beauty Reports Mixed Second Quarter Results

Retail Wire

Ulta Beauty, Inc. just announced its financial results for its second quarter of fiscal 2024, ending this past August 3, 2024. Overall, the company reported net sales of $2.6 billion, a slight increase from $2.5 billion in the same period last year.

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Townsville’s Willows Shopping Centre sells for $212 million

Inside Retail

Fawkner Property has acquired Townsville’s Willows shopping centre in Queensland from Dexus Wholesale Property Fund for $212 million. Willows has gross lettable area of 44,507sqm and its major tenants include Big W, Woolworths, Coles, Aldi, Rebel, TK Maxx, JB-Hi-Fi, and Cotton On, along with 107 specialty shops. The shopping centre generates over $360 million in moving annual turnover. “As interest rates potentially move into a stabilisation phase, private capital, which has dominate

Shopping 147
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A Blueprint for B2B Commerce

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.

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Rite Aid Appoints Matt Schroeder as CEO Following Chapter 11 Emergence

Retail Wire

In the wake of its Chapter 11 bankruptcy, Rite Aid Corporation has named Matt Schroeder as its new chief executive officer, succeeding Jeffrey S. Stein, who stepped down following the company’s transition.

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The Perfume Shop begins recruitment for 750 festive roles

Retail Gazette

The Perfume Shop has launched its Christmas recruitment programme to help meet demand during the busy trading period. The high street retailer is hiring 750 temporary sales assistants between mid-September to October to supports its 196 stores across the UK. Staff will receive the Real Living Wage pay rate at £13.15 per hour alongside a commission on sales, which saw colleagues earn over £150 last year.

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Ilya Sutskever’s AI Startup Safe Superintelligence Receives $1B in Funding

Retail Wire

To protect humans from rogue AI, SSI was started to prevent potential future technology disasters.

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Watch: Morrisons launches ‘Pay Less with More Card’ campaign to boost loyalty

Retail Gazette

Morrisons is launching a new brand platform and integrated, multi-platform campaign in a bid to reinforce its commitment to its ‘More Card’ loyalty scheme. The ‘Pay Less with More Card’ platform has been designed to boost sign-ups and regular use of the supermarket’s loyalty scheme by emphasising the savings shoppers can make. The campaign, which kicks off today (4 September), features two films showing customers experiencing confusion over the concept of the More Card as they’re pay

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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

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Walgreens sued by shareholder amid plummeting stock price

Retail Dive

The company’s top directors — including CEO Tim Wentworth and CFO Manmohan Mahajan — allegedly breached their fiduciary duty by inflating Walgreens’ performance projections.

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Leveraging Threat Intelligence in Cisco Secure Network Analytics

Cisco Retail

Cisco Secure Network Analytics provides pervasive network visibility and security analytics for advanced protection across the extended network and cloud. The purpose of this blog is to review two methods of using threat intelligence in Secure Network Analytics.

ATS 98
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What Can You Expect from Your RangeMe Subscription?

Rangeme

Whether you are a startup brand looking to get your products into retail or foodservice for the first time, or a more established brand looking to expand your distribution, at some point, you will come across RangeMe and ask yourself, “Is a RangeMe subscription worth it?” The purpose of this post is to give you all of the information you need to answer that question for yourself, by making sure you are aware of all of the features, benefits and opportunities that the platform offers for your bus

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Morrisons trials scan and go in stores

Retail Gazette

Morrisons is trialling scan-and-go technology in selected stores as it continues to play catch up with its rivals. The supermarket chain has launched the technology in six of its stores including Cardiff, The Grocer reported. The trial offers a similar service to Tesco’s Scan as you Shop and Sainsbury’s Smartshop, which are both available in the majority of its stores nationwide.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

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Three myths preventing you from building your lifecycle practice

Cisco Retail

Unlock 3X more recurring revenue by building a lifecycle practice with Cisco. Overcome common myths with help from Cisco distributors, enhancing customer experience and boosting profitability with streamlined support and expertise.

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Asda becomes first UK supermarket to sell refurbished TVs in stores

Retail Gazette

Asda is to sell refurbished TVs in its stores as it looks to provide customers with more affordable technology. The retailer has refurbished three models of returned HD LED Smart Shop and Polaroid TVs at its electrical returns centre using recycled materials, with three sizes available, including a 32”, 40” and 50”. The new trial will roll out in six locations including Folkestone, Leeds, Glasgow, Sunderland and Ellesmere Port, with TVs sold in the stores from as little as £100.

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Connectivity they can count on: Claflin University’s tech revolution

Cisco Retail

Technology modernizations, reliable broadband access, and upskilling are transforming the way Claflin University delivers a high-quality education and how students and the community can now connect in ways they've never connected before.

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Castle Quarter hits bullseye with ArrowHeadz letting

A1 Retail

Castle Quarter – Norwich’s leading social, leisure and lifestyle destination – has secured darts store and social hub ArrowHeadz for the brand’s first outlet. ArrowHeadz has taken unit 27, located within the scheme’s Leisure Zone, on a new five-year lease. As well as selling all the equipment needed for the sport, it will feature three darts lanes for matches and practice, incorporating the latest automated scoring technology and the potential to hold remote games with players in other locations

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Optimizing Frontend Delivery in Composable Commerce: The Buy vs Build Decision