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Temu just became the second most visited ecommerce site, bumping incumbent Ebay to #3 after years of no changes to the list. Its clear that the retail landscape has undergone a seismic shift, with platforms like Temu, alongside Shein, Wish and TikTok Shop, promising extremely discounted goods that cut out the middleman and the markup. These platforms have revolutionized the way consumers shop, offering convenience, variety and competitive pricing at the click of a button.
Sydney-based fashion brand One Mile was founded by Sammy Robinson in 2020 after a collaboration with another brand sparked the desire to have her own label. The coastal-inspired brand launched with a sell-out knitwear collection, and caters to an often overlooked taller female demographic. Recently One Mile opened its first boutique in Bondi Beach, which has seen the brands cult following frequent the space and sell out stock.
For better or worse, 2024 is now in the books, but we cant resist one more look back. The Retail TouchPoints editors have identified 10 of the most-read news stories this past year many of which exemplify key trends that will continue to resonate throughout 2025. Tractor Supply Weeds Out Support for DEI, Environmental and LGBTQ+ Causes (July 1, 2024) Tractor Supply was just one of the several retailers that backtracked on support for diversity, equity and inclusion (DEI) initiatives as well as
Children’s clothing retailer Blue Sky Kids Land has been fined more than $5.1 million for exploiting Chinese migrants. The company previously operated stores in Sydney, NSWs Central Coast, Newcastle and Canberra, according to the Fair Work Ombudsman (FWO). The penalties include a $4.3 million penalty against Blue Sky Kids Land, $760,000 against company director Guo Dong Gu, and $43,000 against company director Fei Rong Yang.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
The presents are unwrapped, trees are out on the curb and the final sales numbers are rolling in for the 2024 holiday season, which delivered the growth that had been predicted. Preliminary numbers from Mastercard and Visa indicate that sales increased 3.8% and 4.8% , respectively, from Nov. 1 to Dec. 24, 2024, compared to the same period in 2023. Both Visa and Mastercard measure in-store and online sales for all payment types in their analysis.
Its that time of year again when we can sit down, pour ourselves a little (or indeed large) glass of something, and reminisce about the year that was. It is fair to say that retail has had its ups and down in 2024, with plenty of challenges accompanying the good times. While certain trends that were apparent this year may not be as key in 2025, others will continue into the next year and beyond, playing a major role in shaping customer demand.
Japan-based Daiso is ringing in the new year with a total of 11 store openings five states. The retailer, which offers a range of affordably-priced items including home essentials, beauty products, kitchenware and Japanese snacks, began with the debut of its Medford, Ore. store last month and will follow with seven new California locations as well as one store each in New Mexico, Texas and Washington state.
Japan-based Daiso is ringing in the new year with a total of 11 store openings five states. The retailer, which offers a range of affordably-priced items including home essentials, beauty products, kitchenware and Japanese snacks, began with the debut of its Medford, Ore. store last month and will follow with seven new California locations as well as one store each in New Mexico, Texas and Washington state.
PAG Asia Capital failed to reach an $800 million deal to sell Craveable Brands the parent of Oporto, Red Rooster and Chargrill Charlie’s to Affinity Equity Partners. The Australian Financial Review (AFR) reported that Affinity backed out from its bid to acquire Craveable Brands following due diligence. PAG took ownership of Craveable Brands for $480 million in 2019, when the fast food chain group was generating about $60 million from Oporto, Red Rooster, and Chicken Treat.
Brand management firm Marquee Brands has acquired British fashion and lifestyle label Laura Ashley and will use the acquisition to establish its first European headquarters in London. Marquee bought the brand from Gordon Brothers , which acquired Laura Ashley out of bankruptcy in 2020. Financial details of the transaction were not disclosed. We acquired the British heritage brand out of insolvency in 2020 and built a flexible, scalable licensing business and a global ecommerce presence over the
45,002,344. Thats the number of water bottles worth of waste that Zero Co has removed from oceans, rivers and beaches around the globe. Unlike many eco-friendly or green-washed FMCG brands, cleaning up pollution isnt a side-gig for Zero Co. Its tackling plastic pollution from both ends of the problem: Reducing household waste while cleaning up the oceans with its 10-for-1 promise; for every product sold, it removes 10 bottles worth of plastic pollution.
Seeking to focus more on ecommerce and other digital businesses, Alibaba Group plans to sell its more than 70% stake in Sun Art, operator of RT-Mart and M-Club stores in China, for $1.6 billion , according to Forbes. Alibaba plans to sell its stake to private equity firm DCP Capital even though the asset disposal will lead to a $1.8 billion loss for its shareholders.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
French cosmetics giant L’Oreal said on Monday it had agreed to buy Gowoonsesang Cosmetics, which includes South Korean skincare brand Dr G, from Swiss retailer Migros. The Korean beauty market is dominated by local brands known for being among the world’s most innovative, and increasingly popular overseas as part of a trend for ‘K-Beauty’ Dr G will meet rising demand for K-Beauty and effective yet affordable skincare, L’Oreal said in a statement, adding that it has
Vendors in Partnership (VIP), a dynamic community of retailers and solution providers aiming to improve how industry players work together, is partnering with Retail TouchPoints to elevate its 2025 Award winners, who will be revealed at an exclusive awards ceremony on January 10 in New York City. The VIP Awards has become a go-to industry event for partners and players who support the entire ecosystem and want to celebrate those driving better collaboration between retailers and their partners.
To kick-start the new year, Inside Retail asked Sacha Laing, Adore Beauty CEO , three questions on leadership, legacy and how hes finding the shift from fashion retailing to beauty. Here, Laings answers give insight as to how his career expertise will drive the transformation of the pureplay beauty retailer into an omnichannel one. This month Adore Beauty will enter its bricks-and-mortar store era after over two decades as a pureplay online retailer.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Marquee Brands has acquired fashion and lifestyle brand Laura Ashley from Gordon Brothers, promising to retain the heritage British brand’s UK-based team. Marquee said it is poised to expand Laura Ashley’s footprint in North America, Latin America, Asia Pacific, EMEA and other key regions and has opened a European headquarters in London.
Barbour has seen operating profits rise 15% for the year to 30 April 2024, reaching 39.5m, up from 34.3m the previous year. Despite a 6% drop in turnover, which fell to 322m from 343m, the British fashion retailer managed to boost its profits thanks to effective cost-saving measures and favourable foreign exchange ratesamid what it described as “relentless” cost and pricing pressures.
Lidl UK has reported a 7% increase in sales over the four-week period leading up to Christmas, driven by strong demand for holiday essentials like turkey and pigs in blankets. The surge in festive shopping pushed the retailers turnover to a record high, exceeding 1bn ($1.25bn) for the first time in its 30-year history in the UK, Reuters reported. It increased its British supply base by 20% this holiday season, which saw it sell over 16 million British pigs in blankets, while its British turkeys
When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
Australian luxury fashion label Zimmermann has opened its first boutique in Beijing. Located in Taikoo Li Sanlitun, the store spans 352sqm and marks the brands third outlet in China. The space designed by McOualter Studio combines contemporary and traditional design which aims to pay homage to Chinese craftsmanship. Nicky Zimmermann, co-founder and creative director, expressed her enthusiasm with the stores launch.
More than 17,000 stores are set to close this year as retailers face higher costs following Labours first fiscal Budget. The Centre for Retail Research warned worse is yet to come after it reported that 13,479 stores closed their doors for the final time in 2024, a 28% increase on 2023, The Telegraph reported. It forecasts that store closures will rise 30% rise to 17,350 over the next 12 months.
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
Starbucks has opened a new Community Store in mraniye Yamanevler, Trkiye, as part of its ambitious plan to establish 1,000 such locations globally by 2030. These stores are designed to serve as “third places,” a concept coined by sociologist Ray Oldenburg. Third places are spaces outside of home and work where people can connect, learn, and be themselves.
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! From December, shoppers will no longer second guess their alcohol-free wine purchases for their festive meals and for upcoming Dry January, as award-winning alcohol-free French wine brand Moderato becomes available in 212 Majestic stores up and down the country, as well as online through the retailers partnership with leading no and low alcohol movement
Creating SEO-friendly content is key to improving your website’s visibility and attracting more visitors. This guide walks you through best practices for writing optimized content, including keyword placement, proper formatting, and engaging writing techniques. Whether you’re crafting blog posts, landing pages, or product descriptions, these proven SEO strategies will help your content rank higher and keep readers engaged.
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Co-op has revealed its commitment to continued convenience growth with a planned 75 new stores opening this year (2025), across the UK. The new stores will be both Co-op estate stores and Co-op franchise stores, a sector the convenience retailer has actively pursued recently with stronggrowth.
Footfall across UK retail destinations rose by 7.1% in December compared to November, marking the largest month-on-month increase since 2019, according to fresh data. This uptick was driven by a boost in shopping centre traffic, which surged 13.2%, retail parks with a 5.7% increase, and high streets which saw a 4.8% rise in the five weeks to 28 December, MRI Software said.
AI is rapidly transforming digital commerce, but how do you separate real opportunities from hype? Moderated by Orium, AI for Commerce: Foundations, Aspirations, and Hype , experts from Bloomreach , commercetools , Contentstack , and Fluent Commerce explores where AI is already delivering results and where its potential is still unfolding. This masterclass dives into proven AI applications, emerging innovations , and the gaps between promise and reality in commerce.
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