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Once synonymous with creating a magical experience for young and old all around the world, Disney has now begun closing 60 of its stores in the US and Canada as it shifts its focus to e-commerce. “Over the past few years, we’ve been focused on meeting consumers where they are already spending their time, such as the expansion of Disney store shop-in-shops around the world,” said Stephanie Young, president of Disney’s Consumer Products Games and Publishing.
To excel, retailers must look to new technologies to enliven experiences and compete for the future beyond the pandemic, beyond shiny objects and act now to survive and thrive.
To win on Amazon means to win on price. Did you know that 80 percent of Amazon sales go to the Buy Box winner? And that your prices are a major factor in getting that Buy Box placement? You’re nodding your head if you already sell on Amazon. So, you also know how important it is to be able to reprice quickly and effectively on this eCommerce marketplace.
In London, as shoppers return to storied Oxford and Spencer streets after long COVID-19 lockdowns, they’re being greeted by the sight of boarded-up windows and a $23.4 trillion global retail industry in a state of flux. Arcadia Group’s Topshop, Bon Marche, Debenhams and TM Lewin are just a sampling of the iconic names among 60 UK retailers that have failed so far through the pandemic — representing nearly 6,500 stores and 129,000 employees.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
The Australian Retailers Association (ARA) has launched a new retail recruitment platform that promises to reduce the time and cost associated with filling roles from the head office to the frontline, and help remove unconscious bias from the hiring process. . The ARA Talent Registry uses Shortlyster’s intelligent hiring platform to match retailers with a short list of candidates that have the right skills and qualifications for the role and are a good cultural fit for the organisation.
The 100-sq.m FREITAG store is divided into two zones: the sales area, and the Sweat-Yourself Shop, where DIY-minded consumers can assemble and put the final touches to their own unique items using semi-finished products and tarp remnants from the Factory in Zurich. The interior architecture and store design, an amazing mix of customer-friendly heights and upcycled elements, were created in collaboration with local Supermachine Studio.
Food manufacturers say that labor shortages, product shortages and high transportation costs are making it difficult to keep up with the demand of retailers, restaurants and their customers. Some of the largest sellers of these products including Walmart and Sysco, however, are not satisfied with the explanations provided by vendors and have taken to fining them for incomplete orders and late deliveries.
Food manufacturers say that labor shortages, product shortages and high transportation costs are making it difficult to keep up with the demand of retailers, restaurants and their customers. Some of the largest sellers of these products including Walmart and Sysco, however, are not satisfied with the explanations provided by vendors and have taken to fining them for incomplete orders and late deliveries.
The pandemic-fueled ecommerce surge has been accompanied by a dramatic increase in deliveries — and the fossil fuel emissions that accompany them. In early April 2021, carbon dioxide levels reached a record high of 420 parts per million , according to CO2 Earth , and scientists warn that emissions need to be cut in half by 2030 to avoid the worst aspects of climate change.
Aldi Australia has taken another step toward more sustainable local operations, announcing it is committing to zero waste to landfill by 2025. The plan, according to Aldi, is to first focus on reducing food waste to landfill by 2023 by expanding segregated waste collection at stores and doubling food donations across its business, while executing on closed loop recycling opportunities within Aldi’s supply chain.
Setting context for 2021 & eCommerce Market Growth 1. Retail Has Transformed More In a Year Than in the Last 10 2020 was an unprecedented year and left the world in disruption and uncertainty. But, with the social distancing mandates and mandatory home quarantines came the sudden and lasting shift to eCommerce. Let’s look at […]. The post Why You Need to Take a Consumer-Centric Approach with Your Pricing appeared first on Blog.
Americans get rid of 12 million tons of furniture every year. A lot of that winds up in landfills. Startups and established retailers, however, are seeing an opportunity to refurbish and/or resell used furniture as more consumers include sustainability as a factor in their purchasing decisions.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
WineDirect , which offers DTC services for wineries around the world, has partnered with ecommerce platform BigCommerce to help the 2,000+ wineries in its ecosystem build out their online presence. Bolstered by the impact of COVID-19 on brick-and-mortar businesses, online alcohol shoppers more than doubled in the U.S. compared to 2019, with 44% purchasing alcohol online for the first time in 2021, according to research from IWSR.
Fashion firm Ted Baker will, for the month of May, accept pre-worn coats in its NSW, VIC, QLD and SA stores as part of a partnership with Vinnies. Accepted coats will be resold through Vinnies to raise money in support of a range of community services such as soup vans for the homeless and needy, crisis accommodation, and rental assistance for families struggling financially.
Billionaire investor Warren Buffett once said, “Price is what you pay. Value is what you get.” His words certainly apply to consumers and sellers in the age of Amazon and Walmart. First things first: A Smart Repricer is a software that automatically optimizes prices of your products on Amazon, Walmart or Ebay according to factors […]. The post Smart Repricers: Your Key To Beating Amazon & Walmart Competition appeared first on Blog.
After a challenging year for the retail industry, Burlington Arcade , the historic retail destination in Mayfair, is delighted to welcome shoppers back to the treasured ‘jewel of Mayfair’ to champion the experiential retail experience that has been missed over the last year. Burlington Arcade will celebrate reopening its historic Mayfair doors with a bang!
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Circle K is launching its Sip & Save beverage subscription, a pilot program that will offer customers who pay $5.99 per month one tea, coffee, Froster slushy or Polar Pop fountain drink of their choice every day, according to CNBC. The retailer is seeking to drive foot traffic as shoppers return to stores following the pandemic and the launch coincides with a plan to hire 20,000 new associates.
Remember the debate over e-commerce versus brick and mortar? It didn’t last long. Online and in-person selling quickly became complementary strategies and soon that model gave way to omnichannel retailing – delivering a seamless customer experience across all platforms including physical space, e-commerce, mobile applications, and social media.
Debenhams is closing the doors on its last remaining department stores on May 15, The retailer, founded in London in 1778, began liquidating in December. Debenhams, which struggled prior to the pandemic, found the effects of shutdowns imposed in the UK, were too much for it to continue operating. Boohoo, which acquired Debenhams in January plans to continue have it operate as an online retailer.
tonies® , the children’s audio player, has announced its exclusive pop-up at world-renowned department store Harrods’ Fourth Floor Toy Department, open until May 29 th 2021. The exciting pop-up features select best-selling Tonies from tonies® collection of over 100 characters. It will include popular stories such as those of Julia Donaldson, such as The Gruffalo, Room on the Broom and Stick Man, along with everyone’s favourite young, charming dragon-in-training, Zog.
When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
European sports ecommerce and tech platform SIGNA Sports United (SSU) has agreed to acquire the U.S.-based online tennis retailer Tennis Express. . The acquisition will expand SSU’s reach in the tennis category, which already includes its own destination Tennis-Point as well as another U.S.-based online tennis retailer — Midwest Sports — that the company acquired in April 2020.
Fashion business Zara has today unveiled it will launch its own cosmetics line, which will be available to buy online and in select Zara stores from 12 May. ‘Zara Beauty’ will be available throughout Australia, New Zealand, Japan, China, South Korea, Europe, the US, Canada and Mexico online, with more regions to come down the line. The Zara Beauty range will be available to be shopping instore at 22 stores across the world, including Melbourne’s Chadstone Shopping Centre, China’s Wangfujing Aven
One of the first steps to take when building a pricing strategy is to think about the quality of your products, the needs of your buyers, and, of course, the ever-present competition. After a competitive analysis , take a good look at your product or service to identify your differentiating point. It is not easy to set prices and get them right the first time.
Following an announcement in December of last year, bespoke fine jewellery brand Vashi will unveil its new flagship store in London’s iconic Covent Garden Piazza on 27th May. As the opening draws near, the brand has revealed more details of how the new store will further Vashi’s mission to transform the fine jewellery shopping experience through key features including an in-store bar and an interactive installation of customer’s love stories.
AI is rapidly transforming digital commerce, but how do you separate real opportunities from hype? Moderated by Orium, AI for Commerce: Foundations, Aspirations, and Hype , experts from Bloomreach , commercetools , Contentstack , and Fluent Commerce explores where AI is already delivering results and where its potential is still unfolding. This masterclass dives into proven AI applications, emerging innovations , and the gaps between promise and reality in commerce.
Retailers sometimes move at a near-glacial pace, planning out huge builds with extreme precision — and sometimes years in advance. With costs being what they are, it only makes sense to map out every aspect of a project down to the finest detail. . The challenge is that this approach to retail lacks agility, and COVID-19 has certainly revealed its additional lack of sustainability.
As quarantine requirements and travel bans continue to impact brands’ ability to get in front of customers and retail buyers across borders, the New Zealand government is stepping up to help promote its local designers overseas with a new pop-up at Chadstone Shopping Centre in Melbourne. Launching on Thursday, May 6, and running through May 23, the Discover New pop-up showcases the “sophisticated, edgy and deeply cool consumer products that New Zealand creates”, according to Bella Katz, commerci
More workers are returning to their offices as a growing number of states lift restrictions intended to prevent the spread of COVID-19. Three Texas cities — Dallas, Houston and Austin — had the highest percentage of workers visiting their offices the week of April 21, while New York and San Francisco had the fewest.
This week, leading UK sneaker and streetwear specialist – Kick Game – opens their first store outside of London, in the famed Birmingham Bullring & Grand Central. The store manager, 32, is West Midlands born James McKerdy and the store is creating 10 jobs for local sneaker experts. . Birmingham is set to be a staycation hot spot this summer given current travel restrictions.
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
Workwear brand Dickies has partnered with 3DLOOK to offer its customers in China a personalized fitting experience on the Tmall Global marketplace. The pilot program will leverage 3DLOOK’s AI-enabled technology to help provide accurate size and fit recommendations for Dickies apparel. Shoppers on the Dickies Tmall store will choose a style and then click on a measurement widget to be voice-guided through the fitting process.
The Australian Retailers Association has welcomed the Government’s $1.7 billion investment in reducing out-of-pocket expenses for families with kids in childcare, but has said it needs to announce additional measures to encourage and support women in the workforce. According to ARA chief executive Paul Zahra retail is an industry of choice for women, who represent nearly 60 per cent of the overall retail workforce and around 70 per cent of part-time and casual roles.
Beijing-based BLUE Architecture Studio has erected washed stone partition walls and an entire wooden cabin with a pitched roof inside this store in Hangzhou , China. Located in the city's mixed-use O?Eli complex designed by Renzo Piano , the store belongs to lifestyle brand Lost & Found and sells wooden furniture, homeware, fashion and plants. Lost & Found's Hangzhou store features a rustic material palette of washed stone and timber.
Shaftesbury has officially announced that cult menswear label, L’Estrange, which traded in Seven Dials via a pop-up space in Neal Street since November 2019, has relocated to a new permanent site at 19 Earlham Street. . Spanning 1,000 sq ft, L’Estrange’s new long-term home at Seven Dials reflects the brand’s focus on a ‘more intelligent wardrobe’, formulated with renewable, organic and recycled fabrics. .
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
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