Retail Wire
AUGUST 25, 2024
The Coffee Bean & Tea Leaf is taking advantage of the fall season with a new menu available until October 31, 2024. The seasonal offerings include a variety of beverages designed to align with the themes of an autumn experience.
Retail TouchPoints
AUGUST 28, 2024
As an elder millennial who is trying to do it all (and ideally hit my daily protein goal along the way), I’m not buying products — I’m buying a routine, predictability, and little moments to romanticize my life. In 2024, we’re living in what I like to call the Routine Economy, where shoppers are driven by the pursuit of the ultimate daily routine.
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Retail Gazette
AUGUST 29, 2024
eBay is set to host its first pre-loved Fashion Week in both London and New York next month as it puts a spotlight on second-hand designer fashion. The online marketplace has teamed up with the British Fashion Council and the Council of Fashion Designers in America to host live, shoppable runway shows ahead of the SS2025 official fashion week schedules.
Inside Retail
AUGUST 29, 2024
TreadLightly has launched Sports Ball, a new recycling program aimed at reducing the number of sports balls that end up in landfills each year. Established in 2021, the organisation is run by the Australian Sporting Goods Association (ASGA) with a mission to reduce waste generated by the sports industry. Previously, TreadLightly only focused on recycling footwear.
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Retail Dive
AUGUST 29, 2024
As the retailer nears having a Sephora in every store and 200 Babies R Us openings, there's still “work to do” to improve apparel and footwear sales, the executive said.
Retail TouchPoints
AUGUST 27, 2024
As with many other retail sales “seasons,” formerly hard-and-fast dates about when back-to-school (BTS) selling starts — and perhaps more importantly, when it stops — have become more nebulous in recent years. BTS purchases certainly are starting earlier: according to the National Retail Federation (NRF) survey conducted by Prosper Insights & Analytics, more than half ( 55% ) of consumers already had started buying school items in July.
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Inside Retail
AUGUST 29, 2024
Mosaic Brands ‘ shares and convertible notes will be placed in compulsory trading suspension starting on Monday due to the non-lodgement of its annual financial report. Mosaic expects to lodge its financial report, along with its market update, no later than September 30. Earlier this month, it stated that it would release its FY24 results on August 28.
Retail Focus
AUGUST 24, 2024
Shaftesbury Capital has announced that Barbour, the British luxury lifestyle brand, has opened at 37 Neal Street in Covent Garden’s Seven Dials neighbourhood. The historic retailer’s store is centred around its fresh design concept of New Heritage, which celebrates its dual identity as both historic in legacy and contemporary in design. The entrance of the iconic British retailer emphasises Shaftesbury Capital’s ongoing success in attracting the latest concepts from internationally established b
Retail TouchPoints
AUGUST 29, 2024
Spirit Halloween will operate a record-breaking 1,525 brick-and-mortar stores this season, adding more than 400 locations to its 1,100 -store footprint by the end of September. The retailer also will scare up a “Carnevil” concept that complements its “Spirit Hallows” in-store theme and cemetery-inspired store design details. “The Halloween fandom continues to grow, and our incredible team works year-round to create an unparalleled and unique in-store experience that will engage customers all sea
Retail Wire
AUGUST 26, 2024
A new report suggests that Wendy's is launching a Krabby Patty Burger in collaboration with the popular cartoon SpongeBob SquarePants.
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Inside Retail
AUGUST 28, 2024
Wesfarmers booked higher net income and revenue in the last fiscal year, with its discount department store chain Kmart contributing the most growth among its retail businesses. The company’s net income grew 3.7 per cent to $2.56 billion, while revenue rose 1.5 per cent to $44.19 billion. Kmart Group ‘s revenue grew 4.4 per cent to $11.11 billion, while Bunnings Group’s revenue rose 2.3 per cent to $18.97 billion. “Kmart Group’s performance was a standout, deliverin
Retail Focus
AUGUST 28, 2024
Shoplight has launched its first 3D-printed pendant lighting solution, Origin23, a brilliant sustainable alternative to imported lighting pendants. The range focuses on natural, repurposed, low CO2 and non-hazardous materials. Manufactured to order, and 3D printed in one piece with zero material waste 3D printed in the UK offering a reduction in shipping times and transport related carbon emissions Supports circular economy principles, transforming by-products and waste into a creative resourc
Retail TouchPoints
AUGUST 29, 2024
Unlike fashion, the technology industry doesn’t often look to trends and ideas from the past to define its future. But in the case of RFID, that’s exactly the phenomenon we’ve been observing over the course of the last few years. What’s old is new again, but this time around the focus is squarely on the value proposition for stores and consumers instead of the distribution centre (DC).
Retail Wire
AUGUST 25, 2024
Checkers & Rally's has introduced its most value-driven offer yet with the new 5 for $5 Meal Deal, available until September 11, 2024. This promotion includes five popular items for just $5 and features a wide variety of choices from their Cheese Double Burger to eight crispy Chicken Bites.
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.
Inside Retail
AUGUST 27, 2024
Guzman Y Guzman delivered revenue of $342.2 million in the last fiscal year, up 32.1 per cent, thanks to opening new restaurants. However, the fast-food operator’s statutory net loss widened to $13.7 million. This is the first time the Mexican fast food chain published financial results since its initial public offering on June 20. During the fiscal year, the company saw network sales of $959.7 million, an increase of 26.4 per cent.
Retail Focus
AUGUST 24, 2024
Railpen, one of the largest pension managers in the UK, has announced leading menswear brand, Moss, has opened at Caledonia Park , Scotland’s premium designer outlet village. This marks a Scottish outlet debut at the destination, with Moss opening a new generation store featuring a brand new look and feel, following its rebrand in 2022. Moss, which recently dropped ‘Bros’ from its branding, has opened a 2,984 sq ft unit at Caledonia Park, bringing its full ready-to-wear collection of tailoring a
Retail TouchPoints
AUGUST 29, 2024
Value-seeking consumers trading down, strategically waiting for discounts and choosing low-cost Chinese shopping apps will soften holiday sales growth to 2% year over year (YoY) both in the U.S. and globally, according to the Salesforce Shopping Index , which analyzes data from more than 1.5 billion global consumers on retail sites. While holiday sales grew 3% YoY in 2023, reaching $1.17 trillion , Salesforce predicts global sales for November through December 2024 will reach $1.19 trillion , wi
Retail Wire
AUGUST 25, 2024
AGCO Corporation (NYSE: AGCO) has announced plans to unveil new products and farmer-focused solutions at the 2024 Farm Progress Show in Boone, Iowa, from August 27-29.
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
Inside Retail
AUGUST 28, 2024
The North Face is opening a new concept store at Sydney’s World Square, marking the outdoor apparel brand’s largest format store yet in Australia. This is the first opening under the new retail format since VF took ownership of The North Face brand in Australia and New Zealand. The outdoorswear brand says its sales increased by 35 per cent across the Asia-Pacific region during the first quarter of the FY25 trading year, and it expects that growth rate to continue in Australia and New
Retail Gazette
AUGUST 29, 2024
Sainsbury’s has agreed to acquire 10 stores from Homebase to convert into supermarkets, with the sale expected to complete in early September. The acquired stores are based in key target locations designed to grow the grocer’s coverage across England, Northern Ireland and Scotland, as part of its Next Level Sainsbury’s plan. Once the sites have been converted, the shop floor area of the stores will add a total of around 235,000 sq ft to Sainsbury’s trading space, bringing
Retail TouchPoints
AUGUST 26, 2024
Today’s competitive retail environment has brands facing a dual challenge — creating cohesive omnichannel experiences and engaging with spend-conscious consumers who thoroughly research their purchases. To thrive in this landscape, successful CPG and retail brands are taking a proactive approach to put the power to connect, share information and provide brand-aligned experiences directly into consumers’ hands with connected packaging.
Retail Wire
AUGUST 26, 2024
In a fun announcement, Vans is set to host an all-day block party at Vans Skate Space 198 in Bushwick, Brooklyn, on September 7, coinciding with New York Fashion Week. The event, aligned with Vans' "Always Pushing" ethos, will feature skate jams, free skate lessons, and an "Off the Wall" community market.
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Inside Retail
AUGUST 25, 2024
Convenience chain 7-Eleven is embarking on a bold strategy to double its footprint in 10 years as it drives growth in new markets. Fiona Hayes, CEO, 7-Eleven, revealed the plan to the delegates at the Australian Franchise Summit in Melbourne today. “7-Eleven has been a leader here, particularly in convenience where we have about 33 per cent of the market, and 11 per cent of the fuel market.
Retail Gazette
AUGUST 27, 2024
Home secretary Yvette Cooper has pledged to “end the shameful neglect” of shoplifting by the police as punishments have plummeted in recent years. An analysis by The Times using official figures from the Home Office, Ministry of Justice, and police forces found that just 431 shoplifters received fixed penalty notices — the lightest punishment for stealing items worth less than £100, in the year to March 2024.
Retail TouchPoints
AUGUST 29, 2024
Etsy has made major advancements to its search and discovery experience, aiming to favor high-quality items from sellers “who consistently provide delightful and reliable experiences,” according to Chief Product Officer Nick Daniel in a blog post. While many consumers go to Etsy to access a wide selection of handmade and curated items — the site has more than 100 million items listed — Daniel noted that giving shoppers the power to browse and discover is only one piece of the puzzle.
Retail Wire
AUGUST 27, 2024
Spirit Halloween announced its most expansive Halloween retail plans yet with a record-breaking 1,525 stores opening across North America this year.
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Inside Retail
AUGUST 25, 2024
Adore Beauty enjoyed improved earnings in the last fiscal year, thanks to the record number of returning customers, accounting for 79 per cent of product sales. The online beauty retailer’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) surged 661 per cent to $4.8 million while revenue grew 7.4 per cent to $195.7 million.
Retail Gazette
AUGUST 27, 2024
Iceland boss Richard Walker has warned Labour that a “shock” increase in minimum wage would bankrupt the frozen food specialist. Walker told The Telegraph that the new government was “absolutely right” to overhaul working practices, but that any changes must happen slowly to avoid a “disastrous” impact. Under the proposed workers’ rights overhaul, Labour plans to increase the minimum wage, end zero-hour contracts and give employees protection from unfair dismissal from day one.
Retail TouchPoints
AUGUST 27, 2024
Urban Outfitters has collaborated with lifestyle brand Vera Bradley to launch a vintage-inspired capsule collection. The exclusive collection features six re-editions of some of Vera Bradley’s most popular bag styles in three new patterns that bring a nostalgic touch to contemporary fashion. The collection ranges in price from $15 to $100 and is now available at select Urban Outfitters stores and online.
Retail Wire
AUGUST 26, 2024
It comes down to a four-word strategy that the brand is implementing to woo customers from Walmart.
Speaker: Igli Laci, Strategic Finance Leader
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