Wiser
AUGUST 22, 2022
One of the biggest challenges for retailers is deciding on—and implementing—a pricing strategy that will increase profits and drive customer loyalty. It can be tough when you’re pricing new products. Set your prices too high and you can miss out on possible sales. Set your prices too low and you might miss out on profits. It’s all a balancing game to find the right price.
Retail Focus
AUGUST 25, 2022
In the ever-changing world of retail, landlords may need to diversify how they create sustainable income. One way is to convert the space above your store into living accommodation. Now that you have put all the hard work and graft into finishing off your conversion with all the insulation, cladding, and electronics fitted, here are a few ideas and inspirations on ways you could make full use of your new space. .
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Inside Retail
AUGUST 22, 2022
As the world strives to reduce global carbon emissions, it’s vital that retailers play their part. Ethical sourcing, better packaging, and practical carbon-reducing measures are all key ways for retailers to become more socially and environmentally responsible. But while it’s easy to say that you’re going to be more sustainable, putting it into place is a whole other task entirely.
Small Biz Trends
AUGUST 24, 2022
Entrepreneurship has no minimum age requirement, as the founder of Wanish Sugar Bush is proving. Initially, the teenager started his business at just 15 thanks to help from his family. And now, he’s ready to make it his full-time job after graduation. Read about his journey and unique offerings in this week’s Small Business Spotlight. What the Business Does.
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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.
Retail TouchPoints
AUGUST 25, 2022
Black Friday and Cyber Monday (BFCM) are right around the corner, and many ecommerce brands are already planning for another uncertain year. Between inflation, increased marketing costs — especially paid ads — seasonal shipping costs surcharges and potential supply chain disruptions, finding every last opportunity to increase profits during the busiest time of the year is critical for brands.
Retail Focus
AUGUST 24, 2022
Australian furniture brand King Living lands amongst homeware flagships; bringing their cool, contemporary and authenticity to Europe for the first time. Designed by Barber’s team on the ground in London; King Living came to Barber Design for their reputation and deep knowledge in the retail design sector. After several online meetings and being initiated into the brand virtually- due to the pandemic- Barber learned about the King Living brand and their unique family-led approach.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Tokinomo
AUGUST 24, 2022
We’ve talked about the most pressing challenges grocers are facing at the moment in our latest expert round-up. One of those issues was the rising inflation which is cousins the cost of living to increase fast.
Retail TouchPoints
AUGUST 23, 2022
Bath & Body Works has launched its loyalty program nationwide at the retailer’s 1,750+ locations following testing in select markets. The personal care and home fragrance retailer also debuted its My Bath & Body Works App, which allows shoppers to earn rewards points through any channel and provides exclusive content. Additionally, the in-app wallet stores rewards points, offers and gift cards to provide a convenient experience to customers.
Retail Focus
AUGUST 23, 2022
Primark is partnering with the Vintage Wholesale Company, an independent vintage clothing business, to open two new concessions in its flagship Birmingham and Manchester stores, under the brand WornWell by the Vintage Wholesale Company. . The Vintage Wholesale Company supplies quality, used clothing in the UK and Europe and sources the best vintage treasures from around the world.
Inside Retail
AUGUST 24, 2022
Multibrand food chain franchisor Retail Food Group (RFG) says tax-paid profit increased more than threefold to $5.3 million despite a challenging trading environment. . The company owns and operates Gloria Jean’s, Crust Gourmet Pizza, Donut King, Brumby’s Bakery, Cafe2U Michel’s Patisserie, Pizza Capers and The Coffee Guy. Earnings before income and taxes rose 4.6 per cent to $17.3 million while same-store sales grew 2.3 per cent compared to the previous year.
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.
Tokinomo
AUGUST 23, 2022
Campaign scoop. No compromise. We all know that family vacations are not considered relaxing. Pepsi Zero is here for all who need a break after the family vacation. In their short, but witty commercial , you could see that a Pepsi can go a long way after you’ve compromised with your family during the vacation.
Retail TouchPoints
AUGUST 25, 2022
Bed Bath & Beyond (BB&B) has secured a $375 million loan, according to the Wall Street Journal. Citing sources familiar with the matter, WSJ reported that the retailer has selected a lender following a marketing process conducted by JPMorgan Chase & Co. The loan will provide BB&B with greater liquidity and give a confidence boost to suppliers regarding shipping items to the retailer.
Retail Focus
AUGUST 22, 2022
Fast growing chain, Leading Labels, has chosen the city for its newest branch, which is now open in the unit formerly housing Topshop and Topman. And the arrival of Leading Labels means Sunderland shoppers will have access to a whole host of big names. The range of men’s’ clothes are provided by Blue Inc, which previously had a store in the centre while the women’s labels include Izabel London, Regatta and Solo, among many others.
Inside Retail
AUGUST 23, 2022
Australian-based pizza company, Domino’s Pizza Enterprises (DPE), has acquired the entire stake in the Domino’s Pizza businesses in Malaysia, Singapore and Cambodia, aiming to further expand its presence in Asia after buying the Taiwan business last year. The listed Australian company will acquire Mikenwill, which owns the master franchise holder in Malaysia, and Impress Foods Pte Ltd, which owns Domino’s Pizza Singapore and 62 per cent of Domino’s Pizza Cambodia.
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 Wire
AUGUST 26, 2022
A Chipotle Mexican Grill in Lansing, MI, is the first restaurant within the chain to vote to unionize. “We set out to show that our generation can make substantial change in this world and improve our working conditions by taking action collectively,” said Samantha Smith, 18, a crew member at the restaurant. Chipotle expressed disappointment in the result. “Our employees are our greatest asset, and we are committed to listening to their needs and continuing to improve upon thei
Retail TouchPoints
AUGUST 24, 2022
Qurate Retail Group has appointed James Hathaway as interim CFO following the resignation of former financial chief Jeffrey A. Davis. The parent company of brands such as QVC , HSN and Zulily also has created a new Chief Transformation Officer role and promoted William Hunter, currently SVP of Business Transformation and Shared Services, to the post.
Retail Focus
AUGUST 23, 2022
Frasers Group plc today announced plans for three more FLANNELS flagship stores. The plans will see FLANNELS flagships open in Leeds, Cardiff, and Gateshead, all upwards of 80,000 sq. ft in size, and bringing with them the best in luxury fashion, beauty, and experience to each location. The stores are described as modern, agile retail experiences, that will become leading destinations for new luxury, through a world-class offering and innovative designs.
Inside Retail
AUGUST 23, 2022
Ongoing supply chain issues, flood disruptions and rising cost pressures failed to dent Coles’ full-year tax-paid profit which grew by 4.3 per cent to $1 billion. Sales for the year ended June 26 rose by 2 per cent to $39.4 billion, although EBIT slipped by 0.2 per cent to $1.9 billion due to Covid-related expenses and “project implementation costs” E-commerce revenue remained strong throughout the year at double pre-pandemic levels and the company has expanded click-and-collect serv
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 Wire
AUGUST 26, 2022
Companies may consider replacing U.S.-based employees with cheaper labor from overseas to handle jobs that don’t require workers to show up to an office, says Richard Baldwin, an economist at the Graduate Institute in Geneva. “If you can do your job from home, be scared. Be very scared,” Richard Baldwin, an economist at the Graduate Institute in Geneva.
Retail TouchPoints
AUGUST 25, 2022
Instacart has introduced a new Big & Bulky fulfillment service nationwide for same-day scheduled delivery of larger products, which customers can purchase alongside smaller items such as their groceries. The service is available via the Instacart App and Instacart Platform-powered websites through Instacart’s Carrot Delivery solution, which offers end-to-end fulfillment solutions for retailers.
Retail Focus
AUGUST 22, 2022
Shaftesbury has today announced the signing of art retail concept, The Hook, for its first central London showroom in Seven Dials. The experiential art gallery is the latest innovative brand to join Seven Dials’ creative community and is set to open a 1,588 sq ft space on 37A Neal Street this September. Founded in 2021, The Hook is committed to creating an approachable, omnichannel and consumer-focused experience that is designed to educate, and not intimidate, both instore and online.
Inside Retail
AUGUST 20, 2022
Coco Republic is to launch two flagship stores in California ahead of a progressive rollout in selected US markets and other global locations, the company has announced. The plan coincides with the appointment of two key executives in the US: Eric Bauer as global CEO and Skye Westcott as president of North America who will lead what Coco Republic, the Australian-founded furniture and homewares chain, describes as an “accelerated global expansion, initially focused on the California market”. R
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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 Wire
AUGUST 26, 2022
Bed Bath & Beyond plans to share its latest plan to put its business on steady footing and come back from its current set of challenges. The company is said to be in talks with a lender to strengthen its finances going forward.
Retail TouchPoints
AUGUST 26, 2022
Sephora has been fined $1.2 million for selling consumers’ personal information without informing them first and not processing customer requests to opt out of sale of their data, in violation of the California Consumer Privacy Act (CCPA). California Attorney General Rob Bonta noted that the state informed Sephora of the data privacy violations following an investigation of online retailers but that the retailer failed to correct the issues within the 30-day grace period afforded by the CCPA.
Retail Focus
AUGUST 22, 2022
The flagship My Being retail store by Cannabotech has been shortlisted in the Technology category for the Creative Retail Awards 2022. Amongst many other strong candidates, the flagship store was selected as one of the five finalists. Entrants needed to demonstrate how technology enhances the retail store and enriches the customer experience. Cannabotech’s science-driven approach is prominent in its My Being retail store and in-store experience.
Inside Retail
AUGUST 21, 2022
Not many consumers realise that iconic Australian footwear brand Wittner was launched in 1912 by HJ Wittner in Melbourne but this year, the business is celebrating its 110th anniversary with its exclusive 1912.4 Karat Gold collection. We chat with CEO Catherine Williamson about how the business has survived the ups and downs over the past 110 years, the development process behind the collection and what retail excellence looks like in the current climate.
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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 Wire
AUGUST 25, 2022
Amazon.com is closing Amazon Care, the company’s in-person and Telehealth service, at the end of the year. Amazon senior vice president of health Neil Lindsay said that the decision to close was made after feedback from the company’s large enterprise customers that it did not fill enough of their needs. The move is seen as surprising in light of Amazon’s recently announced deal to acquire One Medical for $3.9 billion, pending regulatory approval.
Retail TouchPoints
AUGUST 26, 2022
Put simply, headless commerce is an ecommerce system that decouples the front-end web system from the ecommerce back-end engine. Most digital stores are built on ecommerce engines that provide both the product offering and processing engine, which is directly integrated with the website, and storefront. A headless ecommerce platform has the front end (or “head”), often a template or theme, separated from the backend mechanics of running an effective ecommerce solution.
Retail Focus
AUGUST 22, 2022
Railpen, the investment manager responsible for the safekeeping and administration of over £37 billion AUM for several pension schemes has announced the award winning, independent Cornish Bakery, will open later this year at Caledonia Park, Scotland’s premier design village, marking a national debut for the brand. Cornish Bakery, which delivers a range of exceptional coffee and pastries, is set to open a 2,500 sq ft unit later this year.
Inside Retail
AUGUST 24, 2022
Woolworths Group boosted its sales by 9.2 per cent to $60.85 billion last financial year, with e-commerce revenues up 39 per cent to $6.26 billion. . In its results announcement for the year to June released today, the grocery retailer reported EBIT of $2.69 billion, down 2.7 per cent year on year, and a net profit attributable to shareholders of $1.514 billion, up $10 million on year.
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
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