Fri.Mar 22, 2024

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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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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.

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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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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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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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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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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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Nespresso UK enter on-the-go coffee market with new coffee shop: The Nespresso Bar

Retail Focus

Nespresso UK has entered the on-the-go coffee market with the launch of a new coffee shop concept titled ‘The Nespresso Bar’ at a location close to Liverpool Street station in central London. The location has been carefully selected for Nespresso’s first entry into the on-the-go coffee market, positioned in the UK’s busiest commuter hub. The capital’s coffee culture continues to flourish, with coffee officially overtaking tea as the nation’s favourite drink in 2023.

Shopping 147
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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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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.

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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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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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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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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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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

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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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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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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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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.

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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.

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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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Modernizing the Frontend Experience on Salesforce Commerce Cloud

Unlock agility, boost performance, and gain control over your Salesforce frontend with the latest masterclass from Composable.com : Modernizing the Frontend Experience on Salesforce Commerce Cloud Featuring experts from Algolia, Ember, Netlify, and Stripe, this masterclass focuses on practical strategies for optimizing your Salesforce Commerce Cloud storefronts using modern composable commerce integrations.

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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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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.

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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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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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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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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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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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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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Website Security Essentials: Protect Your Site and Strengthen Cybersecurity

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.

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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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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 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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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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Activating Intent Data for Sales and Marketing

Sales and marketing leaders have reached a tipping point when it comes to using intent data — and they’re not looking back. More than half of all B2B marketers are already using intent data to increase sales, and Gartner predicts this figure will grow to 70 percent. The reason is clear: intent can provide you with massive amounts of data that reveal sales opportunities earlier than ever before.