Retail Wire

OCTOBER 5, 2024

Kirkland, the signature brand by wholesaler Costco, is experiencing new price cuts and reductions due to the grocery price wars that have ensued.

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Inside Retail

OCTOBER 10, 2024

Japan’s Fast Retailing, owner of clothing brands Uniqlo and GU, booked its third consecutive year of record earnings on Thursday, boosted by widened profit margins in its international segments. Operating profit rose 31 per cent to US$3.35 billion in the 12 months through August from $2.55 billion a year earlier, the apparel maker said in a statement.

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Retail TouchPoints

OCTOBER 10, 2024

Walmart will leverage proprietary AI, generative AI and retail-specific Large Language Models (LLMs) to provide hyper-personalized customer experiences and improve customer service. Additionally, the retail giant has developed an augmented reality (AR) platform that uses AI to create tens of thousands of 3D assets as well as immersive commerce APIs, enabling Walmart shopping experiences that are embedded in new virtual social environments.

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Retail Focus

OCTOBER 10, 2024

Evolve Estates , part of commercial property and investment collective M Core, has signed two new tenants at the Penicuik Centre in Scotland. Popular sushi restaurant, Yokohama Sushi, has agreed a 10-year lease on a 824 sq ft unit at the scheme, joining other food and beverage tenants such as Greggs and Domino’s. Maj Gifts Ornaments will also be opening a location at the scheme later this year in a 1,940 sq ft unit on a one-year lease.

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Retail Gazette

OCTOBER 10, 2024

N Brown has swung to a pre-tax profit in its first half despite falling sales as its digital overhaul takes effect. The Jacamo, JD Williams and Simply Be owner reported a profit before tax of £200,000 in the 26 weeks to 31 August, up from the £2.8m loss from the year before. It comes as sales for the group fell 6.7% to £277.2m, dragged down by a 7.9% drop in product revenue which it blamed on “unseasonal weather” N Brown attributed its half-year performance to the successful launch of its

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Inside Retail

OCTOBER 10, 2024

Some of Europe’s largest fashion companies will start collecting discarded clothes from April as part of a voluntary pilot scheme to manage textile waste that anticipates EU regulations expected to come into force in 2026. Zara owner Inditex, Sweden’s H&M, France’s Decathlon, Ikea and UK-headquartered Primark are among 10 brands that will participate in a trial that will separate textiles and shoes from other waste collection so they can be reused or recycled, according to

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Retail Wire

OCTOBER 10, 2024

Krispy Kreme has announced an exciting promotion to commemorate the launch of its donuts at McDonald's locations in the Chicago area, starting October 15. As part of this initiative, the donut chain is offering a free Original Glazed donut to anyone who brings in and shows a McDonald's receipt between October 10 and 14 at participating Krispy Kreme shops across the country.

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Retail Focus

OCTOBER 10, 2024

White Stuff, the British fashion and lifestyle retailer, will be opening in London Gatwick’s North Terminal in late November. The opening will be the brand’s first airport store and follows a series of store openings and new concessions to bring the brand to more customers across the UK. The 1044sq.ft store has been specifically designed with travel in mind and features White Stuff’s new mobile payment system, so instead of a standard till customers can pay from anywhere in the shop.

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Inside Retail

OCTOBER 10, 2024

This week, Mecca revealed that its Bourke Street flagship in Melbourne, its biggest store yet, will open its doors in early 2025. The three-level store will cover 4000sqm of prime CBD real estate, making it one of the biggest beauty destinations in the world. Complementing the classic Mecca experience, the beauty retailer will pilot three new concepts in-store – Mecca Apothecary, a physical destination servicing customers’ holistic beauty needs, Mecca Atelier, a one-stop-salon where custom

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Retail TouchPoints

OCTOBER 11, 2024

Humans are visual creatures; it’s a biological trait developed way back when we all still lived in caves. The world has changed a bit since then, with things like electricity, grocery stores and the internet, but humans still rely on their eyes when gathering supplies — even though that process has become less about hunting and more about simply browsing and selecting.

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Speaker: David Worrell, CFO, Author & Speaker

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Finance

Retail Wire

OCTOBER 8, 2024

The Supreme Court declined to hear Uber and Lyft's arguments.

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A1 Retail

OCTOBER 11, 2024

Half of the businesses supplying retailers are failing to meet supplier terms and conditions, leading to financial penalties and lost business. New research from retail logistics company Advanced Supply Chain (ASC) found that 51 percent of manufacturers and brands supplying products to retailers have incurred financial penalties for non-compliance with supplier manuals.

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Inside Retail

OCTOBER 10, 2024

A workforce revolution is imminent with the mainstreaming of artificial intelligence (AI) technology, and Amazon is ushering in a new era for its workforce with the introduction of robotics. At its third annual Amazon Delivering the Future event in Nashville, Tennessee, the tech giant unveiled its latest innovations, including the next-generation fulfilment centre in Louisiana that is powered by advanced AI and 10 times more robotics.

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Retail TouchPoints

OCTOBER 11, 2024

Grocery chain Save A Lot has debuted its first-ever loyalty program — Save A Lot Rewards. Available via a new mobile app, Save A Lot Rewards offers shoppers points called “dots” that can be redeemed for rewards and free products. Independent Save A Lot Retail stores across the chain’s 750 -strong fleet will have the flexibility to customize the app with local offers alongside national offers; the app also features exclusive coupons and deals.

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Marketing

Retail Wire

OCTOBER 7, 2024

Hurricane Helene efforts are still continuing.

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A1 Retail

OCTOBER 11, 2024

Last weekend, centre:mk hosted the UK’s largest fashion and beauty indoor event, welcoming over 113,000 visitors across the two-day period. Located at Middleton Hall, centre:mk’s Fashion Weekend featured 80 brands across 40 of the destination’s retailers, enabling visitors to see the latest trends across fashion, health, and beauty. Running bi-annually, the highly anticipated free event is created by centre:mk to engage and inspire shoppers, showcasing a wide variety of items across the centre’s

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Fashion Returns Beauty and Health Customer Experience 105

Inside Retail

OCTOBER 6, 2024

Should young people be paid less than their older counterparts, even if they’re working the same job? Whether you think it’s fair or not, it’s been standard practice in many industries for a long time. The argument is that young people are not fully “work-ready” and require more intensive employer support to develop the right skills for their job. But change could be on the horizon.

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Retail TouchPoints

OCTOBER 10, 2024

Ulta Beauty has launched two new digital experiences in recognition of Mental Health Day: an online digital community and a content-rich platform designed to support The Joy Project , the retailer’s initiative to “make beauty a force of good for all.” The Ulta Beauty Community will serve as an inclusive digital space where beauty enthusiasts, employees, loyal customers and others can share their personal beauty routines, tips and personal stories, while also gaining access to exclusive content f

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Advertising

Retail Wire

OCTOBER 10, 2024

McDonald's Spain is offering a fun promotion for 'Friends' fans.

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Promotions 290

Cisco Retail

OCTOBER 10, 2024

An investment in service assurance is expected to deliver operational benefits, but it can also enable market differentiation and new revenue sources. Read how end-customer portals, per-QoS SLA reporting, alerting, and notifications help service providers deliver new, innovative solutions faster, more reliably, and with greater agility for their B2B customers.

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Customer Experience Marketing 98

Inside Retail

OCTOBER 7, 2024

Richemont has agreed to sell its Yoox Net-a-Porter (YNAP) business to MYT Netherlands Parent BV, parent of luxury e-commerce platform MyTheresa , in exchange for a stake in the new entity. As part of the deal, Richemont will sell YNAP with a cash position of €555 million (US$609 million) and no financial debt. In return, MyTheresa will issue shares to Richemont, representing 33 per cent of its fully diluted share capital.

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Retail TouchPoints

OCTOBER 11, 2024

CPG brands have been trying a lot of new things to connect directly with their consumers, including DTC websites and retailer-agnostic loyalty programs , but Frito-Lay has pulled a new one out of the bag: a Doritos -themed restaurant. Image courtesy Frito-Lay The Doritos After Dark restaurant is a “new bold culinary experience,” now open at the Crypto.com Arena in Los Angeles.

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Retail Wire

OCTOBER 9, 2024

Shares of 7-Eleven jumped after it received a new takeover offer.

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Retail Bound

OCTOBER 11, 2024

Entering the U.S. market as an international company can be both an exciting and challenging venture. As the world’s largest consumer economy, the U.S. offers immense opportunities, especially for innovative product startups. However, understanding the cultural nuances and regional differences across the country is critical to success, especially when partnering with major retailers like Walmart, Best Buy, or Home Depot.

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Consumer Marketing Retail Trends Retail Marketing 52

Inside Retail

OCTOBER 7, 2024

Cosette has been cleared from allegations it was selling fake luxury goods following a year-long investigation by NSW Fair Trading. The luxury bags and accessories retailer said the allegations stemmed from third-party authenticators who provided customers with misleading services. Cosette said it successfully defended the cases at the NSW Civil and Administrative Tribunal (NCAT), which claimed the authenticators have “no evidence of specific qualifications, skills, or knowledge” The

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Retail TouchPoints

OCTOBER 10, 2024

DoorDash kicked off its expanded partnership with Wegmans Food Markets by offering on-demand delivery from the supermarket’s Maryland stores, with Wegmans locations in Virginia, North Carolina, New Jersey, Delaware and upstate New York available in the coming days and more stores to follow. DoorDash already had been providing delivery of ready-made meals from Wegmans Meals2Go, and will now make the chain’s produce, bakery items and other items available on the DoorDash Marketplace.

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Speaker: Ethan Woolley, Director at Kharon

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

ATS

Retail Wire

OCTOBER 8, 2024

TGI Fridays wasn't a hit in Britain.

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Retail Focus

OCTOBER 7, 2024

Hammerson is pleased to announce that YouTube sensation, The Sidemen, have selected Bullring & Grand Central for their first ever SDMN Clothing store in the Midlands and second-ever physical store. The new store underpins a wider strategy by Hammerson to diversify its occupier mix by introducing young and exciting concepts which complement the strength of the international brands on offer.

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Inside Retail

OCTOBER 5, 2024

Just one year ago, supermarket rivals Coles and Woolworths were fighting it out for the top spot as Australia’s most trusted brand. Fast forward to today, Woolworths is the fourth and Coles is the fifth most distrusted brand in the country. According to Roy Morgan’s latest quarterly rankings, Woolworths was the biggest loser, sliding 194 places to be the fifth most distrusted brand in the June quarter – almost mirroring the slide taken by rival Coles in the previous March quarter.

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Retail TouchPoints

OCTOBER 11, 2024

Walmart will work with Solar Landscape to support 74 commercial rooftop solar projects that are expected to come online in 2024 and 2025 and create nearly 43 megawatts of solar capacity for communities in Maryland and Illinois. Approximately half of the portfolio is designed to reduce energy costs for low- and moderate-income households, and Solar Landscape estimates that the combined projects will save consumers about $1 million annually on energy bills.

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