Retail Focus
MARCH 21, 2024
A garden or outdoor space is somewhere to go to relax and unwind during the warmer months of the year, and during the colder months, we dream of all the improvements we can make once we’ve banished the frosts and snow. Anyone planning a garden overhaul in the next few weeks might want tips on how to add layers of extra privacy so that the space can be enjoyed fully.
Retail Minded
MARCH 16, 2024
Struggling to keep up with the pace of modern retail? You’re not alone. The retail landscape is evolving rapidly, and maintaining productivity can feel like chasing a moving target. Enter Artificial Intelligence (AI) – your new strategic partner. Retailers are discovering that AI can do more than just data analysis. It’s time to harness AI in ways that directly enhance operational efficiency and customer interaction.
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Retail Wire
MARCH 18, 2024
Walmart self-checkout lanes are possibly being reserved for select customers like Walmart+ subscribers and delivery drivers as part of an experimental phase where different methods are being tested.
Inside Retail
MARCH 17, 2024
While Baby Boomers and Gen X spent more on online shopping last year, the younger generations reduced online spending amid financial pressures, according to an Australia Post study. Baby Boomers spent $12.5 billion on online purchases last year, up 7 per cent, the 2024 Inside Australian Online Shopping Report showed. Similarly, Gen X spent $17.5 billion, a slight increase of 1 per cent.
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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.
Cisco Retail
MARCH 18, 2024
AI is the biggest topic of conversation these days. At Cisco Live EMEA in Amsterdam in early February, you couldn’t swing an Ethernet cable without hitting someone who was talking about it.
Retail TouchPoints
MARCH 18, 2024
A 2022 U.S. government study found an annual average of 1.3 million nonfatal workplace violence incidents between 2015 and 2019. This is a rate of eight nonfatal violent crimes per 1,000 workers aged 16 or older. In addition to the safety risk to employees and customers alike, workplace violence incidents are costly to retailers. The National Institute for Occupational Safety and Health estimates that workplace violence costs employers more than $120 billion annually in claims, litigation, added
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365 Retail
MARCH 18, 2024
The Creative Retail Awards, in collaboration with Shop Drop Daily, is excited to announce the launch of a groundbreaking new Award – The Shop Drop Daily Concept of the Year Award. This prestigious Award celebrates the most innovative and inspiring branded concepts from around the world, as featured on Shop Drop Daily – the premier destination for cutting-edge brand experiences.
Inside Retail
MARCH 19, 2024
Since the 1990s, fast fashion has enabled everyday people to buy the latest catwalk trends. But the sheer volume of garments being whipped up, sold and soon discarded is contributing to a global sustainability crisis. Now, just when the fashion industry should be waking up and breaking free of this vicious cycle, it’s heading in the opposite direction.
Retail Wire
MARCH 18, 2024
Tyson Foods, the well-known food processing company, finds itself in hot water as calls for a boycott surge due to allegations of planning to employ migrants at its factories.
Retail TouchPoints
MARCH 18, 2024
Google wants a bigger piece of the traffic driven by retail media advertising. To start getting it, the tech company has launched a new offsite retail media solution in closed beta. Lowe’s has signed on to be one of the first retailers to test the solution for what will be the first offsite retail media offering from Lowe’s One Roof retail media network on Google Search and Shopping inventory, according to a blog post that will be published today, which Retail TouchPoints reviewed in advance.
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.
Retail Focus
MARCH 22, 2024
Nespresso UK has entered the on-the-go coffee market with the launch of a new coffee shop concept titled ‘The Nespresso Bar’ at a location close to Liverpool Street station in central London. The location has been carefully selected for Nespresso’s first entry into the on-the-go coffee market, positioned in the UK’s busiest commuter hub. The capital’s coffee culture continues to flourish, with coffee officially overtaking tea as the nation’s favourite drink in 2023.
Inside Retail
MARCH 21, 2024
Piercing retailer SkinKandy is expanding into New Zealand, with Westfield Riccarton in Christchurch as its first location in the country. “Exciting growth continues at SkinKandy. Our international growth journey starts with hoardings up at our first store locations in New Zealand, getting ready to bring the piercing revolution to the amazing people of Aotearoa,” SkinKandy CEO Dain Friis said.
Retail Wire
MARCH 19, 2024
Supermarket retailer Kroger recently made a move to sell its specialty pharmacy business to CarelonRx, a subsidiary of Elevance Health. This decision comes amidst discussions of a $24.6 billion merger with Albertsons, a grocery store chain.
Retail TouchPoints
MARCH 20, 2024
Former Walmart exec and Jet.com founder Marc Lore and his newest company Wonder Group have raised $700 million from various investors to support its Vision, Capital and People (VCP) plan , which is designed to support the business’ execution and scale, Lore revealed in a LinkedIn post. The funding round was led by existing investors NEA, GV, Accel, Bain Capital Ventures, Forerunner, Alpine and Harmony — a who’s who in the venture capital world.
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 Focus
MARCH 20, 2024
Revo, the premium, high-quality, performance sunglass company, has announced the opening of its first U.S. brick-and-mortar retail store in Manhattan’s fashionable SoHo neighbourhood. The retail showroom is located at 436 West Broadway, one of the district’s most popular shopping areas. The recently completed store will introduce an exclusive and engaging shopping experience to both loyal Revo enthusiasts and those discovering the iconic brand for the first time.
Inside Retail
MARCH 19, 2024
Selling online in the US can be lucrative, as many Australian retailers and brands are discovering. But there is a fine line between success and failure. Tara Daly, senior director of product marketing at Loop Returns , shares with Inside Retail advice on getting started in the US market, some tips on cross-border shipping and logistics – including managing returns in a way that builds customer loyalty – and how to drive repeat business.
Retail Wire
MARCH 18, 2024
Due to a steep drop in discretionary spending by customers, JOANN, the 81-year-old fabric and craft retailer based in Ohio, has filed for bankruptcy.
Retail TouchPoints
MARCH 20, 2024
The innovative concept of “Medtail” seamlessly integrates healthcare services into retail environments. This blend of medical expertise and retail convenience is revolutionizing the landscape of patient care, changing both where healthcare is delivered and how patients experience it. Moving beyond the conventional boundaries of hospitals and clinics, this approach offers unprecedented convenience and accessibility by bringing healthcare closer to where people shop, eat, and engage in their
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 Focus
MARCH 19, 2024
Menswear brand Moss, previously known as Moss Bros, recently announced its return to the Scottish market, with the opening of a new store under its successful rebranding. The 2,372 sq foot Scottish flagship is the latest addition to the brand’s retail expansion and showcases a new store concept that combines modern design with timeless elegance. It’s new location is in the capital’s St James Quarter , which opened in 2021 and is now a landmark destination offering the largest retail and leisure
Inside Retail
MARCH 19, 2024
Godfreys will be closed down after its administrators failed to seal a favourable acquisition proposal for the collapsed vacuum retailer. PWC received 55 expressions of interest and six indicative offers during the sale process. However, some of the interested parties withdrew while the others did not provide a sufficient offer to secure the business in the long term.
Retail Wire
MARCH 21, 2024
Apollo Global Management, a prominent private equity firm, has made a hefty $11 billion offer to acquire Paramount Pictures along with the Paramount TV studios group.
Retail TouchPoints
MARCH 20, 2024
Global design and consultancy organization Arcadis (formerly CallisonRTKL) recently worked with Saks to reinvent its West Coast flagship experience. but the company also has worked with its portfolio of luxury clients on a range of new store designs and experiences. Based on the innovation that’s evident in all these projects, Sterling Plenert , Principal at Arcadis, believes the broader industry has a lot to learn from luxury players.
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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 Gazette
MARCH 18, 2024
The boss of Majestic Wine has slammed the new post-Brexit alcohol duty system, warning it will cost both businesses and shoppers more money. The price of some red wines could rise by over 40% next year, British shoppers have been told, after the government ignored calls from the wine industry to scrap complicated post-Brexit changes. As a result, the number of tax bands for wine will rise from one to 30, with retailers saying it will now cost them more money to administer.
Inside Retail
MARCH 21, 2024
Coles has delivered its first ‘transformational store’ through the group’s store renewal program. Located within Chadstone shopping centre, the largest shopping centre in Australia, the tweaked design comes as Vicinity Group invests in making Chadstone a renowned food destination in addition to being known as the nation’s “fashion capital.” Coles’ senior design and innovation manager Pete Rose described the project as turning a “tired shop” into an “incredible” one for the Chadstone shoppe
Retail Wire
MARCH 22, 2024
Large grocery retailers didn't just weather the storm of pandemic-related supply chain disruptions; they capitalized on them, as per the recent findings of the Federal Trade Commission (FTC).
Retail TouchPoints
MARCH 19, 2024
Ulta Beauty and Pact have expanded their Beauty Dropoff recycling initiative chainwide, providing drop-off bins for clean, empty packaging from any beauty brand or retailer at all 1,350+ stores. The companies initially piloted the program last year in 90 Ulta Beauty stores, according to Glossy. Customers need to ensure there’s no liquid left in the packages and that they are small enough (generally no bigger than a fist) for the Beauty Dropoff program; larger packages can often be placed in curb
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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 Gazette
MARCH 18, 2024
Asda has introduced new staff benefits and confirmed its proposal to raise retail pay rates to £12.04 per hour has been accepted by workers. The Care Concierge benefit, managed by Legal & General, offers workers assistance in later-life care for loved ones, via free confidential one-to-one telephone services, while the Mortgage Advice Bureau provides guidance for staff navigating property purchase or remortgaging.
Inside Retail
MARCH 19, 2024
KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. The group forecasts sales to decline 14.5 per cent year over year to $434.2 million amid lower expected sales across all three brands. The company forecasts Rip Curl and Kathmandu’s sales to fall 9.2 per cent and 21.5 per cent, respectively.
Retail Wire
MARCH 19, 2024
MrBeast, the popular American YouTuber, has struck a deal with Amazon MGM studios worth possibly $100 million for his first streaming series.
Retail TouchPoints
MARCH 19, 2024
Last week, the U.S. House of Representatives approved a bill that would force TikTok owner ByteDance to sell its ownership of the app or face a ban in the U.S. Despite (or perhaps because of) this political pressure, TikTok is pushing forward on some big commerce ambitions — and the popular platform is putting success metrics at the center of its efforts.
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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