Fri.Mar 22, 2024

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The Transformative Impact of Smart Carts

Retail TouchPoints

Food retailers alone lose more than 2 million shopping carts every year. Whether stolen or blown away by the wind, shopping carts can block empty parking places and intersections as well as ditches and storm drains. Abandoned shopping carts aren’t just unsightly, however; they can even roll downhill and hit property or — worse yet — people, raising liability issues.

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FTC Reveals How Grocery Retailers Survived Pandemic Supply Woes

Retail Wire

Large grocery retailers didn't just weather the storm of pandemic-related supply chain disruptions; they capitalized on them, as per the recent findings of the Federal Trade Commission (FTC).

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Europe, Asia fuel Guess’s better-than-expected revenue growth

Inside Retail

Guess Inc has posted a 9 per cent increase in net revenues for the fourth quarter of FY24, which management said exceeded its expectations. Net revenues for the three months ended February 3 were US$891.1 million compared to $817.8 million in the year-ago period. Europe’s net revenue rose 9 per cent to $484 million, with comparable sales up 6 per cent.

Wholesale 242
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United Airlines’ MileagePlus Program Introduces Frequent Flyer Mile Pooling

Retail Wire

United Airlines has introduced a new feature for its MileagePlus loyalty program, allowing members to pool their frequent flyer miles.

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

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.

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DoorDash Taps Wing for Drone Delivery in the U.S.

Retail TouchPoints

DoorDash and Wing , the drone delivery division of Google parent company Alphabet , are bringing their drone delivery partnership to the U.S. following a year-long trial in Australia. The new offering from DoorDash will debut in Christiansburg, Va. — where Wing first launched its U.S. commercial operations in 2019 — with Wendy’s signed on as the first restaurant partner in the pilot.

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US Sugar Companies Accused of Conspiring To Fix Prices

Retail Wire

Some of the largest sugar-producing companies in the U.S. are facing antitrust lawsuits.

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More Trending

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Tennessee Becomes First State To Protect Musicians From AI by Signing ELVIS Act

Retail Wire

The ELVIS act stands for Ensuring Likeness Voice and Image Security.

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What Next? Wolfson outlines the retailer’s new formula for success

Retail Gazette

Next boss Lord Wolfson was, dare I say it, somewhat optimistic as he unveiled its full-year-results this week. The usually cautious Wolfson, a master of under-promising and over-delivering, said it was “a long time since we started a year in a more positive frame of mind”. Yes, this is partly down to the fashion and home retailer notching up record sales and profits for the year, however, Wolfson was also enthused about the future and the “new era” that he believes the business is entering.

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State Farm Pulls the Plug on 72,000 Policies in California

Retail Wire

State Farm, one of California's major home insurance providers, has dropped a bombshell announcement: it's cutting ties with 72,000 homes and apartments across the state. The move is set to kick in this summer, leaving many homeowners in the lurch.

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Nike addresses flaws in DTC strategy as Q3 revenues come in flat

Retail Dive

CEO John Donahoe said the sportswear brand “is not performing at our potential” and needs to lean back into wholesale and product innovation.

Wholesale 124
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Nexstar Challenges FCC Ruling on WPIX-TV Sale

Retail Wire

Nexstar, a media conglomerate, is gearing up to dispute a recent ruling by the Federal Communications Commission (FCC) regarding the forced sale of New York TV channel WPIX-TV.

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Nike focuses on ‘newness and innovation’ as revenues beat expectations

Retail Gazette

Nike saw sales nudge up in its third quarter results, as it pushed ahead to “return to strong growth” The sporting giant’s revenues beat expectations rising marginally to £9.6bn for the period ended 29 February, driven by growth across North America, Greater China, and APLA. While in Europe, the Middle East and Africa, revenue fell 3% to £2.3bn Nike Direct sales increased slightly to £4.3bn, while its brand digital revenues fell 3% on a reported basis and 4% on a currency-neutr

Wholesale 111
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Nestlé Recalls 440,500 Starbucks-Branded Holiday Mugs Due to Potential Hazards

Retail Wire

Nestlé USA is recalling around 440,500 Starbucks-branded holiday mugs in the U.S. due to safety hazards, which left at least a dozen people with injuries such as burns or cuts while using the product.

ATS 130
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Mike Ashley sues former club Newcastle United in £1.5m legal battle

Retail Gazette

Retail tycoon and former Newcastle United owner Mike Ashley is suing the club over next season’s kit. The Sports Direct owner has filed a claim in the Competition Appeal Tribunal saying the club is ‘abusing its dominant position in the market’ by blocking the retailer from selling its new Adidas kit for the 2024-25. His remarks follow reports that rival sporting retailer JD Sports was given exclusive rights to sell the kits, effectively excluding Sports Direct from the market, claim docum

Marketing 111
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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

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.

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Dove Reveals New Body Wash Line

Retail Wire

Dove, the renowned skincare brand, is stepping up its game in the body care department with its latest offering — the Serum Body Wash collection.

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Lidl gears up for Easter shopping surge as it predicts busiest day

Retail Gazette

Lidl is expecting a surge in shoppers over Easter, as it predicts Saturday 30 March will the busiest day of its bank holiday weekend overall. The German discount grocer saw almost 2,000 customers come through its doors per minute on Easter Saturday 2023, and predicts even more shoppers will visit its stores this year. Despite remaining open as usual on Good Friday and Saturday, Lidl warned shoppers aiming to beat the peak crowds to visit its stores between 8am and 10am or after 6pm.

Grocer 110
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Lululemon Athletica: Analysts Reiterate ‘Outperform’ Rating With $550 Target Price

Retail Wire

In a recent report by Telsey Advisory Group, they have reaffirmed their outperform rating on shares of Lululemon Athletica.

Apparel 147
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Kanzen and Primark Collaborate to Spotlight Emerging Beauty Brands in Birmingham

365 Retail

Kanzen, a Birmingham-based cosmetic company, has partnered with Primark to create a supportive platform for start-up brands in the beauty industry. This collaboration aims to elevate emerging businesses by addressing common skincare concerns. From Thursday, 20th March to Sunday, 24th March, Kanzen will host a pop-up event at Primark Birmingham. This event is designed to give small start-up brands an opportunity to increase their exposure, connect with a wider audience, and present their innovati

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

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.

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Nike Holiday Sales Exceed Projections, Driven by Growth in North America

Retail Wire

Nike announced strong holiday sales that surpassed estimates, aided by stronger growth in North America than expected.

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Tesco: Village stores accuse grocery giant of ‘pushing’ them out of business

Retail Gazette

Local village stores have raised concerns, alleging that Tesco is employing tactics like limiting their access to groceries to force them out of business via its wholesale division, Booker. Independent retailers have aired their grievances to The Guardian , highlighting recent changes implemented by Booker. They’ve claimed the changes exacerbate existing challenges, particularly in villages where access to small shops is limited or nonexistent.

Wholesale 107
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Mid-America Real Estate Arranges Sale of 115,754-Square-Foot Shopping Center in Suburban Chicago

Shopping Center

Oak Forest, Ill. — Mid-America Real Estate Corp. has arranged the sale of Oak Forest Commons, a 115,754-square-foot shopping center located in the Chicago suburb of Oak Forest. Rick Drogosz, Ben… The post Mid-America Real Estate Arranges Sale of 115,754-Square-Foot Shopping Center in Suburban Chicago appeared first on Shopping Center Business.

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Oh, Be Happy, That is, If You Live in Finland

LS Retail

©iStock/ASphotowed The World Happiness Report draws on global survey data from people in more than 140 countries. Countries are ranked on happiness based on their average life evaluations over the three preceding years, in this case 2021 to 2023. The report is a partnership of Gallup, the Oxford Wellbeing Research Centre, the UN Sustainable Development Solutions Network and an editorial board.

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

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

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Building Bridges: The Power of Purpose Alignment for Positive Impact

Cisco Retail

The quest for life’s meaning has been a constant throughout human history. Finding our personal purpose is essential for our emotional well-being and fulfillment as human beings.

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Most retail leaders say AI plays an important role in search strategies: survey

Retail Dive

Retail leaders cited improved accuracy and relevance as the two biggest roles AI can play, according to Algolia and Coleman Parkes Research.

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Introducing Cisco XDR Playbooks: Finding the balance in automating and guiding incident response

Cisco Retail

Security Operations is the beating heart of any organization, a united team vigilantly standing guard against cyber threats.

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Has Lululemon peaked?

Retail Dive

Growth in North America has slowed, but analysts aren’t worried, given the brand’s innovation, past nimbleness and potential abroad.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

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AI Trends in Program Management

Cisco Retail

Artificial intelligence (AI) is changing the world according to the popular press and the statements of tech CEOs in the last year.

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The Weekly Closeout: Layoffs at Walgreens and what would it mean if Nordstrom went private?

Retail Dive

The drugstore chain closed two distribution centers. Meanwhile, go-private rumors at the department store could have been sparked by Macy’s.

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Australia’s most iconic chocolaty biscuit, Tim Tam, is hitting UK supermarkets

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Brits rejoice! Australia’s beloved Tim Tam has finally arrived on British shores. For years, Brits have coveted the iconic Tim Tam biscuit, now available at Waitrose & Partners and Ocado. Tim Tam biscuits will soon be available across more UK retailers.

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The Center adds body care brand Cyklar to its portfolio

Retail Dive

The beauty accelerator, which houses brands like Saltair and Phlur, has partnered with the Claudia Sulewski-founded brand.

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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.