Inside Retail
MAY 7, 2024
Supermarkets would be prohibited from price gouging and face stricter rules on land banking, should the government adopt the recommendations of the Senate Select Committee on Supermarket Prices. The committee published 14 recommendations, which include creating divestiture powers specific to the supermarket sector and prohibiting the charging of excess prices, otherwise known as price gouging.
Retail TouchPoints
MAY 9, 2024
Disney Advertising and Walmart ’s retail media division Walmart Connect are teaming up to bring retail media insights to Disney’s streaming TV platforms, including Hulu and Disney+ , for programmatic advertising campaigns and measurement. Walmart’s audience and measurement solutions will now be available for brands’ use across Disney’s addressable streaming inventory, offering advertisers closed-loop attribution on their campaigns by applying Walmart’s omnichannel purchase data via clean room te
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Retail Wire
MAY 8, 2024
Meta Platforms, the parent company of Facebook and Instagram, announced on Tuesday that it is expanding its lineup of generative AI advertising products.
Retail Focus
MAY 8, 2024
Herbolario Navarro, one of Spain’s largest retail chains for organic products, has taken a significant step towards sustainability – with TRILUX as its lighting partner. The retail giant installed E-LINE NEXT LED in over 50 stores nationwide. The continuous lighting system sets energy efficiency standards and significantly reduces carbon footprint.
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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 Focus
MAY 8, 2024
True Fit , the AI-driven platform that decodes size and fit for shoppers and fashion retailers, has announced that, following its launch in Shopify at the end of 2023, it is now driving a 14% average GMV growth for fashion brands on the platform, giving rise to the next generation of scaling fashion retailers. Having formerly only served the largest apparel retailers and brands in the world, True Fit has democratised its Fashion Genome to bring the benefit of AI size and fit to the full market.
Retail TouchPoints
MAY 9, 2024
What do Beyoncé, Harvard University and Target have in common? Each has faced legal action over claims they violated the Americans with Disabilities Act (ADA) with inaccessible websites. They’re hardly alone. In 2017, website and app lawsuits totaled just over 800, yet by the close of 2023, the volume had climbed to more than 8,200. And retail is the industry leading the way with the most ADA website lawsuits.
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Retail Wire
MAY 10, 2024
Taco Bell's collaboration with Cheez-It is finally hitting restaurant locations this summer, marking the debut of one of its most highly anticipated test menu items. Originally introduced in 2022, the Cheez-It Crunchwrap, along with several other giant Cheez-It options, is set to make its long-awaited appearance at participating locations.
Retail Focus
MAY 10, 2024
Victoria Leeds, which is owned and operated by Redical, has announced that manufacturers of fine perfumery Le Labo, which is part of The Estée Lauder Company, is set to make its regional debut at the destination. This latest commitment by a premium, global brand demonstrates further confidence in Victoria Leeds and cements the destination’s position as the prime city pitch.
Retail TouchPoints
MAY 8, 2024
Artificial intelligence has revolutionized the way businesses and individuals operate by using data to power tools that can analyze, respond, predict and create in a manner similar to the human brain. Today, it is hard to imagine any sector where AI has yet to be deployed in some capacity, including, increasingly, retail, which has turned to AI for everything from streamlining the supply chain to personalizing shopping experiences.
Inside Retail
MAY 9, 2024
There was one key question following Wednesday’s announcement that the Australian Retailers Association (ARA) and the National Retail Association (NRA) will finally merge: who will lead the amalgamated body representing a thriving $400 billion industry that employs over 1.3 million Australians? Paul Zahra has led the ARA as CEO since April 2020, while the NRA is jointly led by Lindsay Carroll and Rob Godwin.
Speaker: Amanda Adams, Fractional CFO, CPA
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Retail Wire
MAY 7, 2024
As summer dawns, Starbucks has unveiled its seasonal lineup, featuring the debut of the Summer-Berry Starbucks Refreshers beverages, available beginning May 7 in the U.S.
Retail Dive
MAY 10, 2024
Holiday and full-year sales fell, and net income plunged. But the CEO of one of the retailer’s owners says its ongoing profitability could merit an expansion.
Retail TouchPoints
MAY 10, 2024
Does this sound familiar? You have a huge amount of data in different places. Getting and managing the right information for your product catalogs is a time-consuming task, and you aren’t 100% sure your data meets the quality standards necessary to keep each sale from becoming a return: accurate, complete and up-to-date. In 2024, There is a New Way to Manage Data: A Data Management Hub A data management hub, equipped with the appropriate resources, gives companies of all sizes the tools to succe
Inside Retail
MAY 7, 2024
The Australian Retailers Association and the National Retail Association have finally signed a heads of agreement on a proposal to merge, a plan that was called off in 2019. The amalgamation of Australia’s top two retail lobby groups will result in a single unified body representing the $420 billion sector. “It makes absolute sense to create one voice for retail and to combine our strengths to support the growth of this vital sector, which employs one in 10 Australians,” said N
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
MAY 9, 2024
Reddit Inc. has unveiled fresh guidelines governing data on its platform, aiming to bolster its revenue streams through licensing deals with AI developers and other firms.
Retail Gazette
MAY 8, 2024
Selfridges is to make job cuts due to the loss of tax-free shopping and reduced luxury spending. The department store’s CEO Andrew Keith claimed the new set of redundancies had been caused by the government ditching tax-free shopping for international tourists, The Times revealed. Around 70 jobs will be lost, nine months after its previous set of redundancies.
Retail TouchPoints
MAY 8, 2024
Goodwill Keystone Area has partnered with Reworld to offer no-cost electronics recycling at its 42 stores and donation center sites located across 22 central and southeastern Pennsylvania counties. Eligible devices — including TVs, computers, mobile devices, gaming systems, toasters and vacuum cleaners — will be repaired and resold; items at the end of their life will be responsibly recycled by Reworld, which has recycled more than 135 million pounds of e-waste to date.
Inside Retail
MAY 5, 2024
Dan Murphy’s parent Endeavour Group saw retail sales increase 2.4 per cent year over year to $2.41 billion during the first quarter. Despite both of its retail chains – BWS and Dan Murphy’s – falling flat on a comparable store basis, the MyDan’s membership program added more than 175,000 new members and achieved a record peak scan rate of 84 per cent from its 5.4 million active members.
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
MAY 8, 2024
In the first quarter, Rivian reported a loss of $1.45 billion, showing that its recent efforts to cut costs across the company will need further progress before turning over profits.
Retail Dive
MAY 8, 2024
Kevin McCrain isn’t bothered by department store anchors closing and says retailers need malls because people like to shop there — including Gen Z.
Retail TouchPoints
MAY 6, 2024
In a pharmacy in Seattle, when the temperature in its drug storage refrigerator falls below protocols, an automated alert warns the store manager before temperature-critical medicines spoil. In a clothing store in Phoenix, the AC automatically adjusts to keep customers comfortable and lingering longer, happily trying on sweaters in the store’s new fall collection despite the blistering 100-degree late-summer day.
Inside Retail
MAY 9, 2024
Women’s swimwear label Seafolly has acquired its rival Tigerlily, offering a lifeline for the struggling brand following its voluntary administration. Seafolly – owned by Hong Kong-registered Bondi Brands Group – has bought the brand from private equity firm Crescent Capital Partners via a deed of company arrangement for an undisclosed sum, Capital Brief reported.
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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
MAY 5, 2024
Apple's Vision Pro headset, a mixed-reality spatial computing device, has found its way into the arsenals of more than half of the Fortune 100 companies, with over 50% investing in at least one unit. This revelation came during Apple's first quarter 2024 earnings call, where CEO Tim Cook highlighted the enthusiastic reception of their products within the corporate sector.
Retail Gazette
MAY 8, 2024
Frasers Group is closing in on a deal to become the new British partner of struggling fashion chain Ted Baker. According to Sky News , the retail giant is set to be named the preferred partner for the retailer’s UK business following the collapse of its existing licensing partner No Ordinary Designer Label (NODL). Industry sources said that Frasers and NODL’s administrators hoped to reach a deal in the coming days.
Retail TouchPoints
MAY 9, 2024
Two digital-first brands, Misen and ModCloth , are partnering with Cart.com to improve their omnichannel fulfillment and logistics operations. Operating 14 omnichannel fulfillment centers nationwide, Cart.com provides brands and retailers with third-party logistics (3PL) solutions and proprietary software such as its Constellation Order Management System (OMS) and warehouse management technology, designed to get products to customers as quickly and efficiently as possible.
Inside Retail
MAY 9, 2024
The cost-of-trading and cost-of-living crises are two sides of the same coin. And it is becoming increasingly apparent that the government, retail industry and consumers will all need to play a part in easing the current economic circumstances. The trying macroeconomic conditions are not just driving an increase in costs but also a loss of confidence.
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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
MAY 7, 2024
Disney's recent financial report reveals a mixed bag of results, with a significant focus on the challenges of making its streaming services profitable.
Retail Gazette
MAY 8, 2024
The Body Shop is at risk of losing its B Corp status, which it was first granted while under its previous owner Nature &Co. The ethical beauty retailer was awarded its certification in 2019, making it one of the biggest global B Corps and the biggest beauty chain with a B Corp rating outside Latin America, according to Retail Week. Speaking to the publication, a B Lab spokesperson, which assesses businesses seeking B Corp certification and monitors complaints on its members, said The Body S
Retail TouchPoints
MAY 7, 2024
When DoorDash launched in 2013, it was all about restaurant delivery. Now, in addition to dinner from the local taco joint, you can order garden mulch from Lowe’s , mascara from Sephora and tequila for some margaritas to spice up Taco Tuesday, all in the same app. In fact, DoorDash’s reach has expanded so much in the past decade that the company has shifted its overall mission from food delivery to becoming the “ local commerce app.
Inside Retail
MAY 8, 2024
Super Retail Group saw its sales inch up across the majority of its brands as it opened 20 stores but closed four during the first 43 weeks of the year. During the period, the group’s sales rose 2 per cent with the BCF division up 5 per cent, Supercheap Auto up 3 pr cent and Macpac up 2 per cent. The company noted that BCF benefited from strong inbound travel into New Zealand, which increased purchases in key tourist destinations, while Supercheap Auto sales gained from the strong demand i
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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