Sat.Sep 07, 2024 - Fri.Sep 13, 2024

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Apple News Roundup: iPhone 16 Event and New Games

Retail Wire

Apple will be hosting their newest event tomorrow on their Apple website at 10 a.m. PT. Although the main location will be on the company campus at the Steve Jobs Theater, the website is streaming the presentation.

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Amazon Streamlines Sales of Brick-and-Mortar Inventory with New Integration

Retail TouchPoints

Data management platform Feedonomics has integrated with Amazon Today , a program that allows retailers with brick-and-mortar locations to sell their in-store inventory on Amazon. Participating Amazon Today retailers can provide both Amazon Prime and non-Prime shoppers with access to same-day delivery and in-store pickup options at their physical locations.

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Data: 38 stores have closed every day in 2024

Retail Gazette

Almost 40 stores closed their doors for the final time each day this year in the latest blow to the high street, according to new data. The latest research from PwC shows that 6,945 outlets have shut so far in 2024, equating to 38 store closures per day – an increase on last year’s 36 per day. This figure outnumbers the rate of new store openings, which rose modestly to 4,661 this year – averaging 25 openings each day.

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Trinny London Opens Flagship Store on King’s Road

365 Retail

A burst of yellow now brightens the iconic King’s Road, as Trinny London opens the doors to its highly anticipated flagship store. Designed to offer an uncompromising shopping experience, the new space features interactive product-play areas and designated breakout zones, delivering a fully guided and personalised beauty journey that helps customers feel their best.

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How To Drive Retail Results With Integrated Tech And UX Design

Speaker: Jennifer Wright and Nick Barron

Navigating the complexities of e-commerce requires more than just the right technology - It demands a holistic strategy that aligns platform capabilities with customer- centric design and marketing. This webinar will provide a roadmap for building a robust e-commerce strategy, guiding you through key decisions from platform selection to creating user experiences that convert, and leverage digital marketing to reach and retail customers.

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Gloucester Quays enhances grab-and-go offer as Pret A Manger leads world-famous trio

A1 Retail

Peel Retail & Leisure has announced that international freshly-made food and organic coffee chain, Pret A Manger, is to make its city debut at Gloucester Quays, as will doughnut specialist Krispy Kreme. The globally renowned brands will be joined by Subway, with all three due to open in the coming weeks at the UK outlet. Opening on High Orchard Street in a 1,841 sq ft unit with room to seat 85 customers, the new Pret a Manger shop will serve a menu of freshly-made food and organic coffee to

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What on earth’s going on at Boohoo?

Retail Gazette

Yesterday Boohoo revealed it is closing the US distribution centre that CEO John Lyttle said would be “a complete gamechanger for us just a year after its opening, in a move that analysts think will cost it a minimum of £34m. It’s not the first time the embattled fast fashion retailer has made such a u-turn. Earlier this year, it revealed it would close its Daventry warehouse in the UK less than three years after it opened, putting 400 jobs at risk.

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Australian minimalist label Status Anxiety opens NYC store

Inside Retail

Australian minimalist fashion brand Status Anxiety has launched its first physical location in New York City’s Nolita. The store, located at 248 Elizabeth Street, offers ethically sourced leather goods with a focus on biodegradable materials and environmental impact reduction. It has been designed in a minimalist style, with white as the primary colour.

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Panasonic Energy Launches Mass Production of Advanced 4680 Automotive Batteries

Retail Wire

Panasonic Energy, a division of the Panasonic Group, has officially announced the commencement of mass production for its new 4680 cylindrical lithium-ion batteries, marking a significant advancement in automotive battery technology.

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Hampshire’s first Crocs Outlet opened last weekend

Retail Focus

Gunwharf Quays opened its brand-new Crocs store on Saturday, 7 th September. The store at the Portsmouth-based outlet will be the first Crocs store in the region and the third Crocs outlet store in the country. The 140 sq ft unit will be located between Adidas and Samsonite. The new store features an elevated design with eye-catching displays and fixtures that highlight Crocs’ wide array of colourful and stylish footwear.

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Drinks Aims to ‘Demolish the Barriers to Alcohol Ecommerce’ with New Software Offering

Retail TouchPoints

Alcohol ecommerce solution Drinks has launched the “Drinks-as-a-service” (DaaS) platform, a subscription software solution that will allow any brand, merchant or ecommerce operator to navigate the various tax and compliance impediments to selling alcohol online. The DaaS platform can be used by retailers that want to add wine or spirits to their assortment to alcohol producers looking to build out their direct-to-consumer business.

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How to Maximize Amazon Sales and Crush the Competition

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.

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Metcash kicks off new fiscal year with soaring food sales

Inside Retail

Metcash has booked a sales increase of 6.1 per cent in the early part of the new fiscal year – with food leading the growth. The group’s food sales, excluding tobacco, surged 17.9 per cent, reflecting volume growth and inflation moderation, the company said in an investor update covering the period to September 8. Supermarket and convenience store sales grew 3.5 per cent, while its Superior Foods division jumped 8.7 per cent.

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DIRECTV Announces Upcoming Price Increases for Packages and Services

Retail Wire

DIRECTV has announced upcoming changes to its pricing structure, effective on or after October 6, 2024. Customers will notice adjusted rates on their next billing cycle. The company is updating prices for both its satellite and internet-based packages to remain competitive and address rising content distribution fees from TV networks.

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Frasers Group grows property portfolio with new Lancaster shopping centre

Retail Gazette

Frasers Group has acquired Lancaster’s St Nicholas Arcade as it continues to grow its property portfolio. The 160,000 sq ft. shopping centre is located in the town’s historic centre and welcomes almost four million visitors each year. St Nicholas Arcade lists Next, Boots, Hmv and The Entertainer as some of its tenants. Related Story Frasers Group chief executive Michael Murray said: “At Frasers, we have always been strong believers in physical retail, and this acquisition demonstrates our ongoin

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Roblox Unlocks In-Game Commerce with Shopify Integration

Retail TouchPoints

Roblox has announced a new commerce integration with Shopify that will allow brands with Shopify storefronts to sell physical items directly in their Roblox games. Shopify plans to begin piloting the integration soon, with a larger launch of the capability planned for 2025. Shopify President Harley Finkelstein as a Roblox character. (Image courtesy Shopify) “You’ll be able to buy everything from clothing to unique accessories, collectibles [directly on Roblox] — the possibilities are endless,” s

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Pricing for Profit: How to Set, Negotiate, and Succeed

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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Miniso opens its first Sanrio-themed Australian store

Inside Retail

Miniso has opened a 300sqm store on Sydney’s George St dedicated to Sanrio-themed products – the first of its kind in Australia, with more than 2500 SKUs. To celebrate the opening, Miniso gifted customers who reached a certain purchase amount with a ‘kroo bag’, inspired by the Australian kangaroo. Internationally, the new store is Miniso’s second Sanrio-themed location following the opening of the Margo City shop in Indonesia last October.

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CDC Issues Warning Over Salmonella-Linked Egg Recall in Midwest

Retail Wire

The Centers for Disease Control and Prevention (CDC) has issued a food safety alert concerning a Salmonella outbreak linked to eggs distributed by Milo's Poultry Farms LLC. The outbreak has affected 65 individuals across nine states, including Illinois, Michigan, and Wisconsin, where the eggs were sold. The other states affected are California, Colorado, Iowa, Minnesota, Utah, and Virginia.

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Waterstones to open bookshop inside John Lewis Oxford Street

Retail Gazette

Waterstones is making a return to Oxford Street as it teams up with John Lewis to open a bookshop in the retailer’s flagship on the busy shopping street. The bookseller will open a shop-in-shop on the second floor of the department store’s flagship, next to its café, on 8 October. The space will stock nearly 20,000 books, including non-fiction, fiction and children’s books.

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Paramount Debuts New AI-Enabled Shoppable TV Experience at MTV VMAs

Retail TouchPoints

Paramount debuted a new technology last night at the MTV Video Music Awards (VMAs) that allowed viewers to shop the entire broadcast, from the red carpet to the stage. The Shopsense AI Lens is an image recognition tool that lets viewers snap a photo of what their favorite artists are wearing and then shop the looks they love in an AI-curated digital store.

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A Blueprint for B2B Commerce

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.

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Premier Retail expects to report lower global retail sales, EBIT

Inside Retail

Premier Retail, a division of Premier Investments, expects to report global retail sales of $1.6 billion in the last fiscal year ended July 27. The forecasted retail sales represent a slight decline from $1.64 billion in FY23. The company estimated earnings before interest and taxes of $341 million, down from $356.5 million in the prior fiscal year.

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Meta’s Llama 3.1 is Advancing AI and Amazon AWS Helps

Retail Wire

The evolution of AI has reached a new level with Meta's Llama 3.1, along with Microsoft's Orca 2, when it comes to Large Language Models (LLMs).

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Breaking: Tesco loses legal battle over ‘fire and rehire’ tactics

Retail Gazette

Tesco has lost its Supreme Court ‘hire and fire appeal’ as the judge ruled it cannot terminate staff employment contracts and offer to rehire them on less favourable terms. Shopworkers’ union Usdaw took legal action against the supermarket giant after it tried to strip some warehouse workers of their higher pay by ending their contracts and offering to rehire them, in a long-running legal battle between the pair.

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Lego Celebrates ‘Play is Your Superpower’ with Global Activations

Retail TouchPoints

Lego stores around the world are creating interactive experiences showcasing the power of play — from a playable library in China to a restaurant-themed pop-up in Japan — as part of the brand’s “Play is Your Superpower” campaign. The goal is to encourage families to play together, with Lego citing a consumer survey it commissioned showing that 83% of parents see play as a platform for celebrating differences in a fun and positive way.

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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

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How Holme Beauty is disrupting traditional makeup marketing tactics

Inside Retail

Makeup artist turned brand founder Hilary Holmes is challenging traditional beauty marketing tactics that leverage and profit from consumer insecurity through her cosmetics company Holme Beauty. Now, the brand is spreading its message of self-love to consumers across the country via a double-decker bus that just rolled into Sydney after stopping in Melbourne, Geelong, Ballarat, Wagga Wagga and Canberra.

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Boeing Announces Historic Tentative Agreement with IAM Districts 751 & W24

Retail Wire

In a new post on their official website, Boeing [NYSE: BA] has announced a landmark tentative agreement with IAM Districts 751 and W24, representing over 33,000 employees.

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Private equity firm sweeps up LL Flooring, which will stay in business after all

Retail Dive

The bankrupt home improvement company, previously Lumber Liquidators, has inked a deal to be acquired by F9 Investments, its largest shareholder.

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Walmart to Equip Stores with Disability-Friendly Carts

Retail TouchPoints

Walmart will roll out Caroline’s Carts — shopping caddies designed to help those caring for people with disabilities or limited mobility — in stores across the country by early 2025. The carts’ seat holds 35 to 250 pounds ; Walmart will equip each Supercenter with two carts and each Neighborhood Market with at least one. Walmart’s order for approximately 8,000 carts is greater than all Caroline’s Cart orders combined since the company began manufacturing in 2012.

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Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

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Dolce & Gabbana opens first exclusive David Jones counter in Sydney

Inside Retail

Dolce & Gabanna will open its first beauty counter in David Jones at the Elizabeth Street flagship in Sydney next month. The counter opening builds on the fashion retailer’s expansion of offerings, with the launching of Dolce & Gabanna Beauty and Dolce & Gabanna Casa homewares. “Since David Jones opened its doors in 1838, it has been our mission to sell the best and most exclusive goods,” said Scott Fyfe, David Jones CEO. “We are fortunate to have been trusted

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Boeing Workers Walk Off the Job After Rejecting Proposed Deal

Retail Wire

A proposed contract between Boeing and union members was shot down, prompting an early morning strike.

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Asos rejected Shein’s £215m offer for Topshop in favour of lower bid

Retail Gazette

Asos declined a much higher bid for Topshop and Topman from Shein and Authentic Brands Group (ABG) in favour of its new joint venture with Heartland, reports have revealed. Last week, the online fashion giant agreed to sell a 75% stake in Topshop and Topman to Heartland, an investment firm owned by the family of retail billionaire Anders Povlsen, for £135m in a deal that valued the two brands at £180m.

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Family Dollar Selects AI-Powered Solution to Enhance Category Management

Retail TouchPoints

Family Dollar will use solutions from Dunnhumby to make merchandising and category management more customer-centric across its store network. Dunnhumby will use customer data science as well as consumer-led insights and collaboration to help Family Dollar make merchandising decisions that drive greater engagement with the retailer’s 66 million shoppers.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!