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
The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility
Speaker: Becky Parisotto
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
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.
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
Pet Food Recall: Northwest Nationals Recalled Nationwide After Cat Dies from Bird Flu
Retail Wire
DECEMBER 26, 2024
The pet food recall was voluntary.
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.
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.
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.
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.
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.
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
Website Security Essentials: Protect Your Site and Strengthen Cybersecurity
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In a digital-first world, website security is non-negotiable. This comprehensive guide explores the critical importance of securing your site against hackers and vulnerabilities like SQL injection, XSS, and malware. Discover tools like SiteLock for threat monitoring and CodeGuard for seamless backups, ensuring robust protection for your data and operations.
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.
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.
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.
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.
Less Stress, More Success: Accounting Best Practices & Processes for 2025
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.
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.
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.
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.
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.
NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot
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.
Merry Christmas From the Global Global Small Business Blog
LS Retail
DECEMBER 25, 2024
2024 Laurel J. Delaney. All rights reserved.
The Range to open first set of former Homebase stores next month
Retail Gazette
DECEMBER 23, 2024
The Range is set to open the first three of its new-format stores following the acquisition of the Homebase brand and up to 70 stores last month. The DIY chains branches in Pollokshaws in Glasgow, Christchurch in Bournemouth, and Kings Heath in Birmingham will reopen their doors as The Range Superstores on 17 January. CDS, which owns The Range, Homebase , and Wilko, said the new-format locations combines the exceptional product variety The Range is known for with the home improvement expertise o
Walmart’s Image Makeover Is Attracting High-Income Earners
Retail Wire
DECEMBER 26, 2024
Walmart is expanding its appeal to include higher income shoppers.
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.
Is Your Business AI-Ready? Find Out with Orium’s Maturity Model
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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.
From a $4K Investment into a Multimillion-Dollar Brand
LS Retail
DECEMBER 27, 2024
iStock/Jonathan Ross After a successful Kickstarter campaign, Cofounders Heather Aiu and Rachael Leinaala Soares launched Aloha Collection to produce Hawaii inspired waterproof bags with each contributing $2,000 of their own money. The Kickstarter campaign helped them secure their first customers and distributors. Today, their company is a multimillion-dollar brand with retail stores in Hawaii, California, and at the Walt Disney World Resort in Florida.
B&M accused of attempting to boost Glassdoor rating
Retail Gazette
DECEMBER 22, 2024
B&M has been accused of attempting to “artificially inflate” its rating on employee review website Glassdoor. The site has posted an alert at the top of B&M’s page after it found evidence that someone had been trying to aggressively boost the employer ranking for the discount store chain, The Times reported. Glassdoor said that alerts of this kind are only posted when it finds “particularly aggressive” attempts by employers or others to influence or manipula
Toys“R”Us Is Revitalized With Latin American Locations
Retail Wire
DECEMBER 26, 2024
Toys"R"Us is coming to Latin America, starting with Panama.
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.
Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions
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Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.
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