Retail Focus
DECEMBER 18, 2023
Ghalia BOUSTANI. Senior Retail Consultant at Univers Retail | Published author | Visiting lecturer. As winter descends upon Europe, the continent comes alive with the festive spirit of Christmas. One of the most cherished traditions during this season is the Christmas market, where locals and tourists alike gather to revel in the magic of the holidays.
Inside Retail
DECEMBER 18, 2023
Shoppers in Australia will spend an additional $9 billion during the final week before Christmas, according to the re-forecast by the Australian Retailers Association (ARA), in conjunction with Roy Morgan. This will bring spending for the November-December 24 trading period up to $67.4 billion, an increase of 1 per cent from last year. Across the pre-Christmas period, food spending is expected to reach $27 billion, up 3.2 per cent from last year.
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Retail TouchPoints
DECEMBER 18, 2023
American Freight , the budget-friendly furniture, mattress and appliance retailer, has unveiled a revamped store design and experience in two Denver-area stores. The retailer upgraded its Centennial, Colo. store and applied its format and design to its new Westminster location. The updated store design includes elements that enhance the brand’s look and feel, product storytelling and overall customer service, including: A new color palette, interior and exterior signage and a new American Frei
Inside Retail
DECEMBER 18, 2023
New York-listed South Korean e-commerce giant Coupang has rescued Farfetch Holdings from the brink of bankruptcy through an acquisition that grants the luxury platform access to US$500 million of capital to stay afloat. “Farfetch will rededicate itself to providing the most elevated experience for the world’s most exclusive brands while pursuing steady and thoughtful growth as a private company,” said Bom Kim, founder and CEO of Coupang.
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Retail Wire
DECEMBER 18, 2023
This unique craft brew is only available for a limited time in Portland, Oregon.
Retail TouchPoints
DECEMBER 18, 2023
Once upon a time, finding the perfect product online was like wandering the aisles of a library without a card catalog. But the advent of artificial intelligence (AI) has transformed the quest for the perfect online purchase and unleashed a remarkable evolution in ecommerce. From its first rudimentary keyword-based tools to today’s ability to decipher intent and deliver personalized results, the evolution of AI in ecommerce has been nothing short of revolutionary.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
DECEMBER 18, 2023
Peloton has named Lauren Weinberg as its new Chief Marketing Officer (CMO), replacing Leslie Berland. Weinberg will report directly to CEO Barry McCarthy and oversee brand and product marketing, growth marketing, creative, consumer insights, membership and global communications. Weinberg brings 20+ years of experience as an insights-driven marketing leader, most recently at Intuit , where she served as SVP, Chief Marketing and Revenue Office for QuickBooks.
Retail Wire
DECEMBER 18, 2023
Here are some tips for holiday tipping this year.
Inside Retail
DECEMBER 18, 2023
Sports footwear and apparel manufacturer New Balance has opened its first Grey Store in the Southern Hemisphere – at Sydney’s The Galeries shopping centre. The store offers ‘Made in USA’ and ‘Made in UK’ collections as well as first access to new collabs and merchandise drops, with 80 per cent of the products available exclusively at the location. “The Galeries Grey Store has been designed to provide a high-end, luxe retail experience in the heart of Sydney and we can’t wait to see the reception
Retail Wire
DECEMBER 18, 2023
The Quaker Oats Company is recalling certain granola bars and granola cereals over fears the products may be contaminated with salmonella.
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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.
Retail TouchPoints
DECEMBER 18, 2023
BJ’s Wholesale Club is replacing its legacy order management system with Nextuple OMS Studio, which includes three “Tuples” — each an ordered set of microservices that the retailer can mix and match to create solutions for flexible fulfillment. These Tuples are built on a cloud-native and cloud-agnostic tech stack, and the Studio technology can be delivered in deployment models including SaaS and source code ownership.
Retail Wire
DECEMBER 18, 2023
Apple took a relaxed approach to new iPad releases in 2023.
Retail TouchPoints
DECEMBER 18, 2023
After months of teetering on the brink of collapse , Farfetch has found a handhold in the form of South Korean ecommerce giant Coupang. Coupang will acquire the business and assets of the online luxury marketplace in return for access to $500 million of capital that will allow Farfetch to continue operations. The deal will take Farfetch private; the company has been trading on the NYSE since its IPO in September 2018.
Retail Wire
DECEMBER 18, 2023
Consumers have been concerned that their devices may be selling data to advertisers. A new "Active Listening" tool now takes this worry to a heightened level.
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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
DECEMBER 18, 2023
French football (soccer to us Americans) club Paris Saint-Germain (PSG) has opened its first flagship store in Canada as part of its long-term partnership with Lids and Fanatics. The new official Club store is located on Queen Street in Toronto and follows the successful opening of the Fanatics- and Lids-operated PSG standalone store in Los Angeles in 2021, flagship store openings in New York and Europe in 2022, and Miami and Las Vegas locations that opened earlier this year.
Inside Retail
DECEMBER 18, 2023
As December rolls on and our collective retail focus rises to scope out the year ahead, what’s clear is that 2024 will be a big year for retail customer technology. Just five years ago, some of the biggest brands in the Australian retail landscape were effectively e-com deniers – or at least digital laggards. Lockdowns and the pandemic changed all of that, and today there’s hardly a CEO, board or management team that hasn’t taken the full dive into data and digital as their path to future succes
Retail TouchPoints
DECEMBER 18, 2023
Ulta Beauty will be the first retailer to pilot Luum Precision Lash ’s new technology, which uses a combination of robotics and AI to enable lash artists to apply false eyelashes faster and more comfortably. Lash extensions can take hours to apply, but Luum’s new technology promises to cut that down to less than 75 minutes for a full set, and the company hopes that continued advancement will get the process down to as short as 33 minutes in the near future.
Wiser
DECEMBER 18, 2023
Prioritizing your digital share of shelf is paramount if you want to get ahead in the eCommerce space. This critical metric, reliant on online product visibility and positioning, holds significant sway over brand awareness, customer preference, and ultimately, sales performance. With the surge in eCommerce, understanding and leveraging the concept becomes a requisite for businesses wanting to maintain a competitive edge.
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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.
Retail TouchPoints
DECEMBER 18, 2023
The Container Store has opened its 100 th brick-and-mortar location in Princeton, NJ — a small-format concept designed to boost employee productivity and optimize the customer journey. This is the sixth small-format location the Container Store has opened to date. and one of five the specialty retailer plans to launch in its fiscal 2023, which ends March 30, 2024.
Retail Gazette
DECEMBER 18, 2023
Boots is planning to launch a ChatGPT “personal shopper” tool for its website users in aims to boost online sales. The healthcare company is thought to be testing an artificial intelligence chatbot which would be able to make recommendations for lipsticks and beauty gifts. The chatbot is expected to focus on beauty products rather than pharmacy sales, with the testing believed to be at a very early stage.
Retail TouchPoints
DECEMBER 18, 2023
Just about everybody on the internet loves animal videos, particularly those that are funny, touching or maybe both. The founders of Animals Around the Globe , a website combining news, scholarly articles, photos and videos, want to transmute its visitors’ love for this content into affection for the animals themselves — and they put their money where their mouth is by donating a portion of their profits to animal safety and conservation organizations worldwide.
Inside Retail
DECEMBER 18, 2023
Waverley Mills has launched the Tasmanian Wilderness collection, featuring luxurious wool throws made from 100 per cent natural and sustainable Australian wool. The wool throws are composed of 70 per cent new wool for durability and softness and 30 per cent recycled wool including offcuts and unused fibre from manufacturing traditionally dumped to landfills.
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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
DECEMBER 18, 2023
In the face of escalating scrutiny from regulators across the UK and the EU, Adobe and Figma made headlines on Monday when they unveiled a joint decision to cancel their proposed merger.
Inside Retail
DECEMBER 18, 2023
McDonald’s latest restaurant concept goes after the Gen Z market with a calculated marketing trifecta of nostalgia, convenience and bespoke products. CosMc’s is a new addition to the “McDonald’s Universe”, inspired by a retro TV character that will allow customers to customise beverages in the seamless drive-thru experience they are accustomed to. The first CosMc’s outpost opened in Bolingbrook, Illinois, in early December as a pilot before McDonald’s begins expanding the spin-off franchise.
Retail Wire
DECEMBER 18, 2023
Range Rovers are highly desirable for both the wealthy and, unfortunately, skilled thieves. These luxury SUVs, which start at over £103,000 ($130,400), have seen theft rates skyrocket in recent years.
Retail Dive
DECEMBER 18, 2023
Over a third of consumers expect to pay their holiday bills in two or more months, according to a new report.
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Your website can be more than just a digital presence—it can be a thriving profit center. Discover proven strategies to monetize your website, whether you sell physical products, digital downloads, or services. Learn the importance of user-friendly design, high-quality content, and tailored marketing to meet audience needs and boost engagement. Explore options like e-commerce, affiliate marketing, and subscriptions, and use analytics to optimize for success.
Retail Wire
DECEMBER 18, 2023
Citigroup has announced a work-from-home policy for the majority of its employees.
Retail Dive
DECEMBER 18, 2023
In November, 42% of households used a mass retailer for most of their in-store or online grocery shopping, per a Brick Meets Click and Mercatus survey.
Retail Wire
DECEMBER 18, 2023
A workforce crisis could potentially hit Anheuser-Busch as approximately 5,000 of its unionized employees, affiliated with the Teamsters union, gear up for a possible strike.
Retail Dive
DECEMBER 18, 2023
Under a newly arrived chief executive, the consumer products giant also unloaded Dollar Shave Club earlier this year.
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