Party City to close all stores in bankruptcy
Retail Dive
DECEMBER 23, 2024
About 14 months after emerging from Chapter 11, the retailer finds itself in bankruptcy court once again. This time, it’s liquidating.
Sat.Dec 21, 2024 - Fri.Dec 27, 2024
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Pork Recall: Over 10,000 Pounds of Products Have Been Recalled Across the United States
Retail Wire
DECEMBER 25, 2024
The pork recall involves over 10,000 pounds of products.
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Technology Created Grocery Hopping, and Technology can Solve it
Retail TouchPoints
DECEMBER 26, 2024
For consumers, grocery shopping has become a multi-location event, with shoppers visiting an average of 5.2 stores to cross every item off their lists. This grocery hopping trend has become especially prevalent thanks to consumer-friendly technology like curbside pickup, home delivery and online ordering. These time-saving and convenient offerings make it easier than ever for shoppers to take an a la carte approach to their food shopping.
Boxing Day footfall to rise +2% year-on-year after stellar Super Saturday weekend for in-store shopper counts – RetailNext
Retail Focus
DECEMBER 24, 2024
After a jump in shopper counts over Panic Weekend (21 and 22 Dec 2024), Boxing Day (26 Dec 2024) store traffic is also expected to rise +2%, according to RetailNext , the leading analytics solution for bricks-and-mortar retailers. Original data from RetailNexts UK shopper traffic index, which captures billions of store visits globally each year, showed that footfall on Super Saturday (21 Dec 2024) jumped +2.2% year-on-year, prompted by retailers offering early Boxing Day discounts as well as the
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
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
Asda owners enjoy £44m payout despite poor performance
Retail Gazette
DECEMBER 24, 2024
Asdas private equity owner has enjoyed a 44m payout despite the supermarket chains ongoing struggles. Newly filed accounts for TDR Capital, which also owns pet retailer Jollyes, show its partners shared a profit pot of 43.9m in the year to March, 10m more than the 33.6m from the year prior. The highest earning partner received 2.9m, The Telegraph reported.
Wendy’s Is Closing 140 Locations by the End of 2024. Here’s Who May Be Affected.
Retail Wire
DECEMBER 24, 2024
Wendy's is closing several locations before the year is over.
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2024 in Retail and In-store Marketing - Monthly Snacks #99
Tokinomo
DECEMBER 27, 2024
2024 has finally come to an end. Yes, we cant believe it either. We are a few hours away from entering 2025 and we wanted to do a short wrap-up and show you what happened last year in the retail and in-store marketing world.
Nordstroms succeed in taking company private for $6.25B
Retail Dive
DECEMBER 23, 2024
The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the founding family a majority stake.
Pet Food Recall: Northwest Nationals Recalled Nationwide After Cat Dies from Bird Flu
Retail Wire
DECEMBER 26, 2024
The pet food recall was voluntary.
How Brands from Walmart to Pacsun Have Harnessed the Power of Digital Twins
Retail TouchPoints
DECEMBER 23, 2024
In its broadest and most straightforward definition, a digital twin is a virtual replica of a physical object, person or process that can be used to simulate its behavior to better understand how it works in real life, according to McKinsey. Digital twins are often linked to a data source; in some cases, that means the twin is updated to reflect the original version; in others, that means these virtual items unlock insights that can be applied within a specific function or an entire organization
Future-Proofing Enterprise Commerce: Why Extensibility Wins with Shopify
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.
Who will be retail’s winners and losers in 2025?
Retail Gazette
DECEMBER 22, 2024
As the year draws to a close, 2025 could be set to be another challenging period for the retail sector – withinflation still soaring and retailers hit by the impact of Labour’s first fiscal Budget. Retail Gazette speaks with industry experts to find out their predictions of which retailers will be the winners and losers of 2025. Nick Bubb Retailing analyst Winner: M&S M&S has been one of the winners of 2024, but it is well placed to build on its recent success in 2025, thanks
These 5 retailers closed stores in 2024
Retail Dive
DECEMBER 27, 2024
In ‘a very difficult business,’ retail store closings typically signal more about an individual company than the industry overall, one analyst says.
Popular In-N-Out Burger Location Closed Due to Excessive Crime, Says Fast Food Heiress
Retail Wire
DECEMBER 27, 2024
In-N-Out Burger's owner says there was too much crime at the Oakland location.
Private Label Everything: Why ‘Off-Brand’ is On-Trend
Retail TouchPoints
DECEMBER 24, 2024
For decades, household name brands have topped the consumer market. Theyve dominated shelf space at retailers around the world while owning consumer mindshare thanks to massive marketing budgets, established reputations and widespread recognition. Conversely, private labels were perceived solely as cost-effective solutions that helped stretch family budgets or worse, uncool and untrendy alternatives to the national brands they competed with on the shelf.
🚀Future-Proof Your Salesforce B2C Commerce: Modernization Strategies Inside!
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Outdated platforms are costing you sales. Legacy platforms like Salesforce SiteGenesis and SFRA can slow innovation, increase maintenance costs, and frustrate customers. This playbook provides a strategic roadmap to modernizing your Salesforce B2C Commerce platform using a composable approach to transition to faster, scalable, and flexible e-commerce solutions —without disrupting your business.
Retailers to issue fresh warning to Treasury over jobs and stores
Retail Gazette
DECEMBER 22, 2024
Retailers including Tesco, Asda, Primark and M&S are set to launch a new year campaign warning Chancellor Rachel Reeves that her plans to increase business rates for larger shops will put stores and jobs at risk. Some of Britain’s largest retailers such as Morrisons, Sainsbury’s and B&Q have agreed to restore the Retail Jobs Alliance (RJA), which was initially launched in 2022, Sky News reported.
The Container Store files for bankruptcy, but it’s business as usual
Retail Dive
DECEMBER 23, 2024
Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a private company.
Taco Bell Has Quietly Discontinued These 5 Fan-Favorite Items
Retail Wire
DECEMBER 25, 2024
Taco Bell will no longer be carrying these popular items.
Big Lots’ Planned Private Equity Sale Falls Through; Retailer Commences Going out of Business Sales
Retail TouchPoints
DECEMBER 23, 2024
Closeout retailer Big Lots has initiated going of out business sales at its remaining stores following the news that a planned sale to Nexus Capital Management has fallen through. The troubled retailer is still pursuing an alternative going concern transaction with Nexus or another party, with the goal of completing a sale by early next month. Big Lots currently operates 960 stores, according to its website , and will continue to serve customers both in-store and online.
Protect Your Businesss Online Reputation with These Expert Tips
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In today's digital world, your online reputation can make or break your business. Protecting it requires proactive strategies, from monitoring customer reviews and social media mentions to responding professionally and showcasing positive feedback. This guide will help you establish a strong online presence, address negative comments effectively, and leverage SEO to highlight your best qualities.
Boohoo sells London head office for £49.5m
Retail Gazette
DECEMBER 22, 2024
Boohoo has sold its London head office to private real estate firm Global Holdings Group for 49.5m. The fashion retailer said the sale will further strengthen the companys balance sheet and part of the proceeds will be used to pay down its 47m term loan due for repayment in August next year. Boohoo put the 43,963sq ft six-storey building at 10 Great Pulteney Street up for sale in August , just two years after acquiring it in 2021 for 72m.
The Backroom: Doug Stephens looks to 2025 and beyond
Retail Dive
DECEMBER 26, 2024
The retail and brand expert discusses the hype around AI, how marketers can preserve human creativity and his optimism about the future.
Katz’s Deli and Peter Luger’s Steakhouse Are 2 of the Most Legendary Restaurants in the World, According to an Online Travel Guide
Retail Wire
DECEMBER 27, 2024
Katz's Deli and Peter Luger Steak House are iconic and celebrated New York eateries.
The Party’s Over at Party City; Retailer Preps to Close 700 Stores Nationwide
Retail TouchPoints
DECEMBER 23, 2024
Party City Holdco Inc. (PCHI) has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court in the Southern District of Texas and has begun to wind down retail and wholesale operations, including holding going out of business sales prior to closing its approximately 700 stores across the country. The retailer was attempting a financial restructuring as it was emerging from its previous bankruptcy in October 2023.
5 Ways You Can Win Faster with Gen AI in Sales
Advertiser: ZoomInfo
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
Iceland doubles Christmas sales thanks to Morrisons’ festive failures
Retail Gazette
DECEMBER 23, 2024
Iceland enjoyed a surge in last-minute Christmas orders today (23 December) with sales doubling and website traffic tripling, as thousands of Morrisons customers turned to the frozen food specialist amid widespread issues. Morrisons technical problems with its More loyalty card system left customers unable to redeem discounts. Many also reported cancelled online orders, leaving families scrambling to secure turkeys, trimmings, and festive staples just days before Christmas.
Destination XL gets offer to go private
Retail Dive
DECEMBER 26, 2024
The big and tall men’s apparel retailer “would be far better served” as a private company, Fund 1 says.
Walmart’s Image Makeover Is Attracting High-Income Earners
Retail Wire
DECEMBER 26, 2024
Walmart is expanding its appeal to include higher income shoppers.
Nordstrom Family and Mexican Retailer Liverpool to Take Company Private in $6.25B Deal
Retail TouchPoints
DECEMBER 23, 2024
Members of the Nordstrom family along with Liverpool , a Mexican retailer that has recently been expanding relationships with U.S.-based companies, will take the storied luxury department store private in an all-cash deal valued at approximately $6.25 billion. The transaction, expected to close during the first half of 2025, will give the family members 50.1% ownership of the company and 49.9% to Liverpool.
The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility
Speaker: Becky Parisotto and John Vurdelja
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
Barnaby opens London chocolate shop with "peculiarly British" interior
Dezeen
DECEMBER 25, 2024
Wood panelling and glossy floor tiles bring a nostalgic feel to this chocolate shop in London's Covent Garden , which design practice Morrisstudio and architecture firm Built Works have designed to invoke a golden age of confectionery. Barnaby produces gourmet chocolate bars inspired by childhood favourites and the shop on St Martins Lane aims to reflect the sophistication and timeless appeal of the products.
Saks Global names new leadership as it completes $2.7B Neiman Marcus acquisition
Retail Dive
DECEMBER 24, 2024
Saks CEO Marc Metrick will lead the expanded company, while Chief Merchandising Officer Tracy Margolies will take over as Bergdorf Goodman’s president.
Student Loan Payment Changes Ahead in 2025
Retail Wire
DECEMBER 27, 2024
Student loan borrorowers will experience big changes as to how their paused debt will be recovered.
Sorting Truth vs. Hype: How to Vet AI Products for Retail Marketing
Retail TouchPoints
DECEMBER 23, 2024
Artificial intelligence isn’t going to replace the marketer, but the marketer who uses AI is going to replace the marketer who doesn’t. This summer, the number of Americans forecasted to use generative AI at least once per month exceeded 100 million , and more than ever, marketers need to seek ways to implement the technology in their organizations.
Modernizing the Frontend Experience on Salesforce Commerce Cloud
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Unlock agility, boost performance, and gain control over your Salesforce frontend with the latest masterclass from Composable.com : Modernizing the Frontend Experience on Salesforce Commerce Cloud Featuring experts from Algolia, Ember, Netlify, and Stripe, this masterclass focuses on practical strategies for optimizing your Salesforce Commerce Cloud storefronts using modern composable commerce integrations.
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