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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.
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.
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.
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.
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.
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.
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.
Supermercados ECONO , a retailer with 64 grocery stores in Puerto Rico, is upgrading its current ecommerce platform, ECONO ToGo, with technology from Local Express. ECONO will utilize the tech upgrade to provide its shoppers with exceptional service. The Local Express platform includes a “drop and play” marketing content management module that can facilitate retailers’ ability to quickly incorporate retail media marketing into ecommerce platforms.
Supermercados ECONO , a retailer with 64 grocery stores in Puerto Rico, is upgrading its current ecommerce platform, ECONO ToGo, with technology from Local Express. ECONO will utilize the tech upgrade to provide its shoppers with exceptional service. The Local Express platform includes a “drop and play” marketing content management module that can facilitate retailers’ ability to quickly incorporate retail media marketing into ecommerce platforms.
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.
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.
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.
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
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.
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.
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.
Once products leave the manufacturer and make their way out into the world, it becomes a lot more difficult for brands to keep track of exactly how those products are being handled. No matter how many planograms you create, or ground-breaking display ideas you have, your products can’t succeed without compliance from retailers at the store level.
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.
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.
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.
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.
The advent of Wi-Fi has been a global success story. Today it is the world’s most used wireless communications technology, thanks to its many features, high performance, ease of use, and cost-efficiency. It complements private 5G wireless networks, enabling an array of high throughput, low latency applications—from virtual and augmented reality (VR/AR) to 4k video.
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
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.
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.
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.
To consumers, the Internet of Things might bring to mind a smart fridge that lets you know when to buy more eggs, or the ability to control your home’s lighting and temperature remotely through your phone. But for cybersecurity professionals, internet-connected medical devices are more likely to be top-of-mind. Not only is the Internet of Medical Things, or IoMT, surging — with the global market projected to reach $160 billion by 2027 , according to Emergen Research — the stakes can be quite hig
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.
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.
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.
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.
We’ve heard it said that work is not a place, but rather a thing we do. Admittedly, I’ve made the same comment but in reality, work is a place. The place just happens to move with us. We can now do it from anywhere. The giant transformation lab we’ve lived in for the last 800+ days literally evolved every aspect of how we all live, work, play, and learn.
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.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
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.
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.
This article is part of a series in which we will explore several features, principles, and the building blocks of a security detection engine within an extended detection and response (XDR) solution. In this second installment, we will look at ways of structuring the presentation of machine-generated alerts, so that each alert offers a cohesive and compelling narrative, as if written by a human analyst, at scale and in realtime.
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.
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!
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