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.

Wholesale 264

Wholesale Supermarket 264

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.

Apparel 217

Apparel Fashion Consumer Marketing 217

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.

Returns 279

Returns Customer Experience Planning Shopping 279

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

Fashion 111

Fashion Management Returns Customer Experience 111

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.

Customer Experience

Retail Wire

OCTOBER 6, 2024

McLaren has unveiled the W1, a car that encapsulates the brand's supercar philosophy while celebrating the 50th anniversary of its first Formula 1 World Championship victory.

271

271

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.

ATS 278

ATS Shopping 278

National Retail Solutions

OCTOBER 8, 2024

Modern payment technologies like EMV chips, contactless options, and mobile apps are transforming gas station security, reducing fraud, and ensuring safer, faster transactions for customers and businesses alike. The post Gas Station Payment Security: Best Practices for a Safer Experience appeared first on National Retail Solutions.

128

128

Retail Wire

OCTOBER 5, 2024

Red Lobster suffered tremendously for its famous $20 Endless Shrimp promotion that is considered a major factor in the company's near-extinction.

Promotions 278

Promotions 278

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

Accessories 264

Accessories ATS 264

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.

Consumer 278

Consumer 278

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.

Accounting

Retail Gazette

OCTOBER 7, 2024

The Very Group is set to enlist Barclays, JP Morgan, and Morgan Stanley to manage a strategic review that could potentially mark the end of the Barclay family’s long-standing ownership of the ecommerce giant. According to Sky News, the investment banks, whose appointments are likely to be confirmed within days, will kickstart a full or partial auction of The Very Group.

Department Stores 126

Department Stores Management 126

Retail Wire

OCTOBER 9, 2024

Chick-fil-A is rumored to be bringing back two beloved menu items next month, that’s starting to create a buzz among fans of the fast-food retail chain.

Returns 264

Returns 264

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.

Finance 264

Finance Returns Planning 264

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.

Management 278

Management Marketing Consumer Promotions 278

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.

Fashion

Retail Gazette

OCTOBER 8, 2024

Tesco and Sainsbury’s both increased market share this month as Asda’s hold on the grocery sector continues to falter. Britain’s biggest supermarket Tesco achieved its largest share since December 2017, upping it from 27.4% to 28% as sales rose 5.2% in the 12 weeks to 29 September. Sainsbury’s stepped up its market share by 0.4 percentage points to 15.2% after sales increased 5.1%.

Marketing 124

Marketing Supermarket ATS 124

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.

Promotions 237

Promotions Location Shopping ATS 237

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

Fast Fashion 258

Fast Fashion Fashion Management Planning 258

Retail TouchPoints

OCTOBER 9, 2024

Spirit Halloween will trade jack o’ lanterns for candy canes after Oct. 31 with plans to operate 10 Spirit Christmas stores in New York, New Jersey, Connecticut, Massachusetts and Pennsylvania. But before that, the seasonal retailer will offer same-day delivery from 800+ of its Halloween stores this season via a partnership with crowdsourced delivery provider Roadie , leveraging a direct integration between the retailer’s online store and the Roadie platform.

Planning 278

Planning Store Operations Customer Experience ATS 278

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

Customer Experience

Retail Gazette

OCTOBER 6, 2024

More than 70 retail bosses including execs from M&S, Primark, Poundland, Ikea and Tesco have written to Chancellor Rachel Reeves calling for reform of the current business rates system ahead of the Autumn Statement at the end of this month. The open letter, coordinated by the British Retail Consortium, urges the new Chancellor to “level the playing field between industries with a retail adjustment to rates”.

Location 121

Location ATS 121

Retail Wire

OCTOBER 10, 2024

Starting Oct. 31, Taco Bell will launch the Chicken Al Pastor Street Chalupas in select locations — but only in Minneapolis for the time being.

Location 263

Location 263

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.

Consumer 246

Consumer Supermarket Grocer Shopping 246

Retail TouchPoints

OCTOBER 9, 2024

The introduction of Apple Intelligence aims to set a new standard in AI by integrating powerful generative models with personal context into Apple products. This tool is paving the way for smarter, more intuitive interactions across Apple’s platforms. For retailers, this shift presents both opportunities and challenges, particularly in the realm of content creation and management.

Consumer 278

Consumer Management Customer Experience Shopping 278

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.

Customer Experience

Retail Gazette

OCTOBER 8, 2024

Frasers Group has snapped up a trio of shopping centres across the UK as it doubles down on growing its property portfolio. The Sports Direct owner has acquired the 600,000 sq ft Princesshay Shopping Centre in Exeter from US-based asset manager Nuveen and the Crown Estate after it was put up for sale earlier this year. It has added Kent’s Fremlin Walk Shopping Centre to its portfolio, which will see a 70,000 sq ft Frasers flagship and a 5,000sq ft Flannels store open this autumn.

Shopping 119

Shopping Location Management ATS 119

Retail Wire

OCTOBER 7, 2024

The Food and Drug Administration has updated an egg recall linked to Salmonella to Class 1 due to the chance of fatality.

278

278

Inside Retail

OCTOBER 9, 2024

Guzman Y Gomez says it has witnessed significant sales growth in the first first quarter amid improved performance across all markets – except in the US. The Mexican-themed fast food chain booked network sales of $278.8 million in the quarter ended September 30, up 20.7 per cent from a year ago. This comes as sales grew 21.1 per cent to $260.2 million in Australia and by 19.3 per cent to $13.6 million in Singapore.

Marketing 162

Marketing Location 162

Retail TouchPoints

OCTOBER 7, 2024

Most (if not all) marketing and ecommerce leaders know that video is a critical component of any content strategy. After all, retailers using video in product detail pages (PDPs) can see conversions increase by up to 80% , and mobile shoppers specifically will spend 88% more time on websites when they’re engaging with video. However, interactive video can drive even more value for brands and retailers, allowing them to incorporate clickable elements into their content, such as links to quizzes,

Merchant Services 278

Merchant Services Consumer Fashion Marketing 278

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 Gazette

OCTOBER 8, 2024

Frasers Group is known for being one of the sector’s most prolific investors in retail brands, but it’s also quickly becoming a property giant. The group revealed this week that it had snapped up a trio of shopping centres across the UK, taking on the 600,000 sq ft Princesshay Shopping Centre in Exeter, Kent’s Fremlin Walk Shopping Centre, and the Olympus Centre retail park in Gloucester’s Quedgeley.

Shopping 119

Shopping Location Management Department Stores 119

Retail Wire

OCTOBER 7, 2024

Those impacted by Hurricane Helene will have resources available to begin rebuilding their lives thanks to Walmart and Dolly Parton.

264

264

Retail Times

OCTOBER 11, 2024

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! McBride, Europe’s leading manufacturer of private label and contract-manufactured household and professional cleaning products, is wiping the slate clean with a significant reinvestment in its iconic oven cleaning brand, Oven Pride.

111

111

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.

Consumer 264

Consumer Marketing ATS Customer Experience 264

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

Finance