Retail Wire
SEPTEMBER 8, 2024
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.
Retail TouchPoints
SEPTEMBER 10, 2024
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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Retail Gazette
SEPTEMBER 12, 2024
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.
365 Retail
SEPTEMBER 10, 2024
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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A1 Retail
SEPTEMBER 12, 2024
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
Retail Gazette
SEPTEMBER 12, 2024
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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Inside Retail
SEPTEMBER 8, 2024
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.
Retail Wire
SEPTEMBER 9, 2024
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.
Retail Focus
SEPTEMBER 9, 2024
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.
Retail TouchPoints
SEPTEMBER 11, 2024
Nearly 15% of all retail sales were returned in 2023 — and 75% of consumers cited fit as the main reason why. As a result, brands and retailers of all sizes are implementing new tools, both in stores and online, to not only reduce returns but also to help customers find their ideal apparel and footwear sizes faster and easier. Fortune Business Insights found that fit technology (also known as virtual fitting room or virtual try-on tech) is exhibiting a compound annual growth rate of 20.3% and is
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Inside Retail
SEPTEMBER 9, 2024
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.
Retail Wire
SEPTEMBER 7, 2024
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.
Retail Gazette
SEPTEMBER 8, 2024
The Body Shop has been rescued from administration, in a deal that will keep 133 stores open. The former boss of Molton Brown has been named chief executive at the ethical beauty retailer which has been acquired by a consortium led by the British cosmetics tycoon Mike Jatania. The move is expected to save over 1,000 jobs, with Jatania’s investment company Aurea understood to have no immediate plans to close any more stores.
Retail TouchPoints
SEPTEMBER 12, 2024
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.
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.
Inside Retail
SEPTEMBER 13, 2024
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.
Retail Wire
SEPTEMBER 7, 2024
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.
Hyken
SEPTEMBER 10, 2024
In a recent Amazing Business Radio episode, I interviewed Rony Vexelman, the VP of marketing at Optimove , who said, “Companies that put their customers at the center are the companies that are outperforming their competition.” Who would disagree with that statement? Well, Heather Quick Ginevan did, and she included a great explanation in just one sentence.
Retail TouchPoints
SEPTEMBER 10, 2024
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
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
Inside Retail
SEPTEMBER 12, 2024
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.
Retail Wire
SEPTEMBER 8, 2024
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).
Retail Gazette
SEPTEMBER 9, 2024
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.
Retail TouchPoints
SEPTEMBER 13, 2024
Retailers across segments have been expanding their smart store ambitions for decades. Starting in the late 1980s with the introduction of self-checkout kiosks and progressing to today’s smart RFID tags and even fully automated storefronts, retail leaders have slowly but surely embraced digital in-store enhancements. This is arguably in no small part driven by consumers’ desire for enhanced personalization and convenience , as well as their growing digital prowess as technology becomes increasin
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Inside Retail
SEPTEMBER 11, 2024
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
Retail Wire
SEPTEMBER 8, 2024
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.
Retail Gazette
SEPTEMBER 12, 2024
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.
Retail TouchPoints
SEPTEMBER 9, 2024
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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Inside Retail
SEPTEMBER 12, 2024
Decathlon has launched free exercise classes and picnic kit rentals exclusively from its new flagship store at 570 George Street in Sydney CBD. The company’s in-house fitness experts will lead the high-intensity interval training (HIIT) and pilates classes in the park and guided run club sessions. Decathlon also offers 10 free picnic kit rentals from 10 am to 6 pm daily.
Retail Wire
SEPTEMBER 7, 2024
Broadcom Inc. (Nasdaq: AVGO) has announced their financial results for the third quarter of fiscal year 2024, which ended on August 4, 2024.
Retail Gazette
SEPTEMBER 12, 2024
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.
Retail TouchPoints
SEPTEMBER 12, 2024
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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