Independent Retailer
JUNE 14, 2022
With inflation at its highest level in years, consumers are heavily weighing where and how to spend their hard-earned money. While some are splurging on big-ticket items before prices rise even higher, others are no doubt contemplating where they can save a few extra bucks here and there. It does not look like soaring prices will stop anytime soon, and both retailers and shoppers are suffering.
Small Biz Trends
JUNE 13, 2022
Ever heard the term “recession?” Chances are, your definition is quite different from what economists actually mean when they use the word. In this article, we’ll take a closer look at what a recession is and explore some of the reasons why this economic decline happens. What Does Recession Mean? A recession is a decline in economic activity spread across the economy, lasting more than a few months.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Retail TouchPoints
JUNE 13, 2022
Editor’s Note: Be sure to check out Part 1 of this series focusing on evolving consumer perceptions of the metaverse. If the first quarter of this year was consumed with existential questioning — What exactly is the metaverse? Do we need to be a part of it? — Q2 appears to be the moment of action, when companies that answered “yes” to the second question have started to make their moves.
Retail Focus
JUNE 15, 2022
Shaftesbury has announced the opening of Minions: The Rise of Gru Record store at 19/21 Foubert’s Place. The vinyl pop-up brings a 70’s explosion back to Carnaby to celebrate the release of Illumination’s Minions: The Rise of Gru. Dubbed Despicable Discs, the one-stop vinyl swap shop will see visitors exchange their own records for groovy gems from the 1950s, ’60s and ’70s, with all records donated to Oxfam.
Advertisement
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.
Inside Retail
JUNE 17, 2022
After 90 years, the famous US cosmetics company Revlon has filed for Chapter 11 bankruptcy protection in order to restructure its debt. In a statement issued overnight Australian time, the company said the business would continue to operate as normal, with vendors and partners paid under normal terms for goods and services received after the filing date, and employees would continue to be paid as usual.
Tokinomo
JUNE 15, 2022
When you walk into the supermarket, what makes you choose a bottle of pasta sauce over another one? Or a box of cereal over another brand? It's not just the price—it's the marketing. Marketing is how brands convince us that their pasta sauce tastes better, or that their cereal is healthier than all the others.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail Wire
JUNE 13, 2022
Apple this fall will introduce new software that provides users with a means to log into a variety of online accounts without having to enter a password. The technology has been designed to enter unique passkeys for verification.
Inside Retail
JUNE 16, 2022
Hong Kong-listed Viva China, a major shareholder of Li Ning, is closer to taking control of British shoemaker Clarks after the company’s extraordinary general meeting approved the acquisition plan. Earlier this year, Viva China said it was in discussions with LionRock and intended to acquire a majority of the outstanding equity interests in Clarks by acquiring 51 per cent of the outstanding equity interests in the LionRock Capital Partners QiLe for US$62 million.
Tokinomo
JUNE 14, 2022
Campaign scoop. Blind Taste Test. How to show that people appreciate your flavored sparkling water? A blind taste test. In this blind taste test, 17 people tried out Liquid Death’s flavored sparkling water and some of the most expensive beverages in the world. The comparison wasn’t really fair if you ask us. Watch the video to see the results. Spoiler alert: some people didn’t feel too good after “enjoying” the expensive beverages.
Retail TouchPoints
JUNE 16, 2022
One of the biggest challenges in providing healthcare mirrors the oft-repeated mantra behind retail success: offering the right product, in the right place, at the right time. For medical care, just substitute “medical professional” for “product,” and it becomes clear why the “medtail” combination has become such a strong trend. “If you think about healthcare and you think about retail, there’s a great opportunity for them to come together to improve health outcomes for people right in their com
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.
Retail Focus
JUNE 17, 2022
Railpen, the investment manager responsible for the safekeeping and administration of over £37 billion AUM for several pension schemes, announces the launch of global lifestyle brand kate Spade New York’s first outlet store in Scotland, at the designer village, Caledonia Park. Kate Spade will occupy a 1,630 sq ft unit opposite Scotland’s only Ralph Lauren outlet store, showcasing feminine lifestyle accessories, including the brand’s iconic handbags, attire, shoes, jewellery, and homeware.
Inside Retail
JUNE 16, 2022
QBD Books is increasing its investment in Queensland,y opening a new store in Brisbane and an Australian Geographic store at Westfield Chermside. . QBD Books’ 85th store, in Westfield North Lakes, will be attended by two well-known locals, author Grantlee Kieza and illustrator Andy Geppert. The store opened on June 25. . The Australian Geographic store at Westfield Chermside, scheduled to open next month, will be the first standalone store under the banner in the state.
Retail Wire
JUNE 17, 2022
More Americans are heading out to stores to shop instead of going online. In-store sales grew 13.4 percent in May, according to Mastercard. Online sales were up 2.2 percent for the month.
Retail TouchPoints
JUNE 17, 2022
Walmart and Roku have announced a new partnership “to make TV streaming the next ecommerce shopping destination.” The new deal will push the boundaries of the burgeoning realm of “TV commerce” by allowing customers to shop and buy products from ads on the Roku streaming service, with Walmart serving as the exclusive retailer for the transactions. Viewers will be able to press “OK” on their remote when they see a product they like in a shoppable ad and proceed to checkout on their TV.
Advertiser: Experience Retail Today
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.
Retail Focus
JUNE 17, 2022
Architecture studio Sybarite have created a retail concept for the new Theory flagship store located on 101-113 Regent Street. This will be part of a ‘connected retail space’ with Uniqlo, also owned by Fast Retailing. It is the first time the two fashion brands have occupied a retail space in the same location in the UK and Europe. . Sybarite distilled the essence of Theory into a cohesive design language centred around timelessness, construction, balance, and openness.
Inside Retail
JUNE 15, 2022
The Reject Shop has tapped a former senior Bunnings and Officeworks executive as its new CEO. Phil Bishop (LinkedIn). Phil Bishop, who was most recently director of merchandise & marketing at Bunnings, also served as COO at Officeworks. His retail career started 30 years ago as a people greeter in a Target store. He will take over from Andre Reich who resigned suddenly in April, leading to the interim appointment of CFO Clinton Cahn to the role.
Retail Wire
JUNE 17, 2022
Lego plans to invest $1 billion to build a new factory in Virginia. The move is being made to avoid supply chain disruptions to the U.S. market. “Our strategy to be close to our core markets has only been confirmed recently,” said Lego COO Carsten Rasmussen.
Retail TouchPoints
JUNE 16, 2022
Internet of Things (IoT) technology and devices have been changing the nature of user experience for some time, as consumers gradually adopt mobile app-controlled technology like smart lighting, connected thermostats, home security systems and doorbell alerts. We expect to see that trend accelerate through 2022 and perhaps even pick up more speed in the latter half of 2023, in ways that give consumers and business users more options for connected experiences that continue to narrow the gap betwe
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
Retail Focus
JUNE 17, 2022
Gilly Hicks, a brand in the Abercrombie & Fitch portfolio offering activewear, loungewear and underwear, has today announced the opening of its new store located at 39 Carnaby Street, in the heart of London’s busiest shopping district. The new store opening is a part of the brand’s growth strategy, including an expanded product assortment, digital experience, and a reimagined brand purpose.
Inside Retail
JUNE 13, 2022
Melbourne’s Riverwalk Town Centre has been acquired for $12.3 million by Oreana Group from the state government’s property arm Development Victoria. The 3.01ha shopping centre site lies 35kms from the Melbourne CBD in the area of Werribee. Since 2011, the government property developer has been delivering homes, infrastructure and open space throughout the Riverwalk estate.
Retail Wire
JUNE 16, 2022
A wide array of new products were on display at the Summer Fancy Food Show, including pasta in new shapes, such as cascatelli, a j-shaped pasta with ridges, and new drinks that mix vinegar syrup with fruit and sparkling water or alcohol.
Retail TouchPoints
JUNE 15, 2022
Microsoft it is reportedly testing out a new retail marketplace in the U.S. on its Bing search engine, according to multiple news outlets. Called “Buy Direct,” the third-party marketplace is being integrated into Bing’s existing ecommerce experience, Start Shopping, where consumers can find products and are then directed to a retailer’s website to make the purchase.
Advertisement
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 Focus
JUNE 15, 2022
Miele has selected Touchwood shopping centre in Solihull as the location for its latest store. The German premium domestic appliance manufacturer has taken 2,000 sq ft on a new ten-year lease. The store takes the form of an ‘Experience Centre’ showcasing Miele’s most popular and sustainable appliances, and opened this week following a high-quality fit-out.
Inside Retail
JUNE 13, 2022
Retail Zoo, the parent of Boost Juice and Betty’s Burgers, may be taken over by Quadrant, the private equity firm. Controlled by another equity investment firm, Bain Capital, Retail Zoo has in the past been eyed by Collins Foods, parent of the Australian KFC and Taco Bell franchises, but a deal was not struck. Bain has been considering listing the Retail Zoo business since 2019, but the advent of Covid-19 saw those plans put on hold.
Retail Wire
JUNE 16, 2022
Amazon.com plans to kick off its Prime Day event at 3:00 a.m. ET and 12:00 a.m. PT on Tuesday, July 12th and run it through the end of July 13. The company did not provide a lot of details about the sales promotion but did promise “the lowest prices ever” on select products from Beats, Bose, iRobot, Sony and other brands.
Retail TouchPoints
JUNE 14, 2022
Luxury platform FARFETCH will accept cryptocurrency payments for all purchases on the FARFETCH Marketplace, with plans to expand to FARFETCH Private Clients in the coming months and to all customers in the U.S., UK and Europe by late 2022. FARFETCH conducted a successful cryptocurrency test at its Browns retail locations and select Off-White flagships in March 2022 using the global cryptocurrency platform Lunu , which provides both POS terminals for in-store transactions and an online widget.
Advertisement
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.
Retail Focus
JUNE 15, 2022
Beaverbrooks, the 103-year-old family-owned jewellers with 71 stores nationwide, is expanding its portfolio with the launch of a new carefully curated concept luxury diamond, jewellery and watch brand – Loupe, which opened the doors of its highly anticipated flagship boutique on Thursday 9 th June 2022 at centre:mk in Milton Keynes. Set across 7,345 sqft, Loupe Milton Keynes will feature a dedicated showroom for prestigious watch brand, ROLEX.
Inside Retail
JUNE 14, 2022
Sydney-based clothing technology company Citizen Wolf has launched a crowdfunding program to fund expansion abroad. Citizen Wolf pioneered a technology that seeks to disrupt a traditional business model by making clothes only when they are ordered – a response to the problem that nearly a third of the clothing created each year goes to landfills, unsold.
Retail Wire
JUNE 16, 2022
Kroger’s same-store sales, excluding fuel, during the first quarter were up 4.1 percent. The grocer giant, which expects to cut $1 billion in costs this year through the implementation of automation and technology, raised its annual profit forecast range to $3.85 and $3.95, up from $3.75 and $3.85.
Retail TouchPoints
JUNE 17, 2022
The whole idea of aggregation was essentially born five years ago when the ecommerce industry recognized that digitizing the private equity playbook made a lot of sense. A focus on how to maximize digital real estate within Amazon was created — targeting digitally native brands and Amazon listings to build arguably one of the fastest growing companies in tech history.
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
Expert insights. Personalized for you.
102 
Let's personalize your content