Mon.Mar 25, 2024

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Staples Simplifies Battery Recycling with New At-Home Program

Retail TouchPoints

To mark Earth Month in April, Staples is launching a battery recycling program that has already seen recycling rates soar from less than 50 batteries per week to thousands per location in test stores. Beginning in April, the retailer will offer a free battery recycling box (while supplies last), in which consumers can collect batteries at home and return them to Staples for free recycling.

ATS 298
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Solomon Lew plans to spin off Peter Alexander and Smiggle next year

Inside Retail

Retail billionaire Solomon Lew has announced plans to spin off two major brands Peter Alexander and Smiggle from his public company Premier Investments next year, as part of a global expansion strategy. Children’s stationery label Smiggle is expected to become a separately listed company by the end of January, while the demerger of pyjamas retailer Peter Alexander will also take place later next year.

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NBCU Unveils New TV Commerce Capabilities Ahead of Summer Olympics

Retail TouchPoints

NBCUniversal has unveiled a series of new capabilities aimed at “bringing television advertising into the performance marketing future” and enhancing TV-enabled commerce opportunities as it readies for the kickoff of the Summer Olympics on July 26, 2024. NBCU’s new Virtual Concessions ad format. (Image courtesy NBCU) Just in time for the event, NBCU has rolled out a new commerce-led ad format called Virtual Concessions that will allow sporting events viewers (or folks settling in for a mov

Checkout 278
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Boeing’s Biggest Labor Union Seeks a Seat on Its Board of Directors

Retail Wire

Boeing Co., facing mounting quality concerns, is now confronted with a new demand from its largest labor union. The International Association of Machinists District 751, representing 32,000 Boeing workers in Washington state, is pushing for a seat on the company's board.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Starbucks Names First North America CEO, Doubles Green Store Count as Growth Push Continues

Retail TouchPoints

Starbucks has reorganized its global leadership structure as it moves forward with its “Triple Shot Reinvention with Two Pumps” growth strategy , which includes plans to expand its global footprint to 55,000 locations by 2030. The company also is touting the increasing number of those new stores that fall into its Greener Stores model, with 6,091 such stores now open around the world.

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An ad agency creative’s take on how to boost your BAU marketing

Inside Retail

In this excerpt from Unnecessary Tales of a Retail Marketer , our lead character discovers that balancing their gorgeous new ad campaign with the rigours of BAU is more annoying than they would like. Retail marketer: Got a brief for you. Our email prospecting needs some work. Creative agency suit: OK, great. What’s the gist? Retail marketer: The broader ad campaign is kicking goals.

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Mobile POS tools are a vital tool in elevating in-store customer experiences

Inside Retail

In an era of fierce competition to attract consumers’ tightening budgets, customer experience has become the key edge retailers can deploy to stand above the competition. Shopify – the commerce platform powering 25 per cent of online retail in Australia – is equally proficient at managing in-store retail transactions, making it the go-to supplier of solutions for retailers transacting across multiple channels.

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Lowe’s Adds Shipt to Same-Day Delivery Options

Retail TouchPoints

Lowe’s has added Shipt to its roster of same-day delivery options, joining DoorDash and Instacart. In July 2023 , Lowe’s also expanded its same-day delivery offerings in a partnership with OneRail. This new Lowe’s partnership, covering the retailer’s 1,200 stores across the country, is Shipt’s first foray into the home improvement space. “As Lowe’s continues its omnichannel journey, expanding same-day delivery options helps us meet our customers where they are,” said Neelima Sharma, SVP, Digital

ATS 246
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China Bans Intel and AMD Chips in Government Computers

Retail Wire

China has unveiled new guidelines aimed at removing Intel and AMD microprocessors from government computers and servers.

ATS 264
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Vitality Brands acquires Kiwi beauty label Essano

Inside Retail

Australian skincare company Vitality Brands is to acquire Kiwi beauty brand Essano, which is projected to result in a $130 million annual turnover. The acquisition is expected to position Vitality Brands as a major independent natural beauty and wellness market player in Australasia and New Zealand. Essano will join Vitality Brands’ current portfolio of brands, including Epzen, Cancer Council sunscreen, and Tribe.

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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Why a Small EV Made in China Is Impacting the Global Vehicle Industry

Retail Wire

The BYD Seagull, manufactured in China, is a small fully electric hatchback with a starting price of 69,800 yuan (less than $10,000), and it could disrupt the automotive industries across the globe due to its attractive price tag and the fact that BYD is reportedly profiting from it.

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Italian fashion designer wins Shein global design contest

Inside Retail

Shein has named Italian fashion designer Eleonora Falcone as the winner of its Shein X Global Challenge 2024 among 10 finalists. Falcone’s Glowmantic collection received some of the highest votes from the public, pushing it to qualify for the finals. Falcone took home €10,000 (US$10,814). “Eleanora’s submission stood out right from the start,” Shein X Global Challenge 2024 judge Julien FourniĂ© said. “When she presented her submission, inspiration and rationale at th

Fashion 130
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Virgin Galactic Sued by Boeing Over Trade Secrets

Retail Wire

Aerospace company Boeing has taken space tourism startup Virgin Galactic to court, alleging theft of trade secrets and failure to cough up $25 million for their collaboration on a new "mothership" to ferry a sightseeing vessel into space.

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How To Improve Driver Safety Within Fleets

Retail Focus

Ensuring the safety of drivers within fleet operations is paramount for businesses that rely on vehicles for their day-to-day activities. With the increasing number of vehicles on the road, enhancing driver safety not only contributes to the well-being of employees but also significantly reduces operational costs related to accidents and insurance premiums.

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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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Elon Musk’s X Needs Creators But Isn’t Yet Meeting Their Needs

Retail Wire

The social media platform X, previously known as Twitter, has been putting efforts into capturing the creator market. However, creators say X still has a long road ahead to become a main source of revenue for them.

Marketing 130
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Easy Steps to Move Your Funds: A Beginner’s Guide

Retail Focus

In today’s world, managing and moving your money is an essential skill. Whether you’re paying bills, saving for a vacation, or sending money to a friend, knowing how to transfer money safely and efficiently is key. This guide is designed to help beginners navigate the process of moving their funds with ease. Understanding Different Methods to Transfer Money There are several ways to move your funds, like online transfers, bank wires, and mobile apps.

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Stellantis Recalls 285K Dodge and Chrysler Sedans

Retail Wire

Stellantis has announced a recall affecting nearly 285,000 Dodge Charger and Chrysler 300 sedans across the United States because the side curtain airbag inflators could break open.

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What are the next steps in Chemist Warehouse and Sigma’s proposed merger?

Inside Retail

The deadline for public submissions to the Australian Competition and Consumer Commission (ACCC) regarding the Sigma and Chemist Warehouse merger is mere days away, March 28, after which the ACCC is expected to deliberate and then announce its decision on June 13. A combined Chemist Warehouse and Sigma would have a market share of 26.2 per cent of the Australian pharmacy sector, making the new entity more than double the next largest, EBOS, which is currently the largest and most diversified Aus

Wholesale 130
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Forrester Report: Demystifying The Technical Functions of POS Solutions

Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.

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Chick-fil-A Will Have No More Antibiotic-Free Chicken

Retail Wire

Beginning this spring, Chick-fil-A will transition from antibiotic-free chicken to a new standard known as No Antibiotics Important To Human Medicine (NAIHM). This move comes as a response to supply concerns.

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Pricing and consumer perception: Why fast-fashion brands launch premium ranges

Inside Retail

The value of luxury and premium fashion goods is often in their design, storytelling and product quality. But recently, fast-fashion brands including Zara, H&M, Mango, Urban Outfitters and Topshop have been testing limited-run premium collections in addition to their regular and frequent product drops. These collections tap into three key tenets that higher-end brands typically use to justify their higher price point: fashion-forward designs, higher-quality materials and sustainable values.

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Southwest Airlines To Begin Offering Red-Eye Flights

Retail Wire

The flights should commence in two years.

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Ocado faces shareholder revolt over potential ÂŁ15m CEO bonus

Retail Gazette

Ocado is facing a potential shareholder revolt over executive pay after an influential proxy adviser has encouraged investors to vote against the group’s new bonus scheme that could see CEO Tim Steiner receive as much as ÂŁ14.8m. Institutional Shareholder Services (ISS) has recommended that shareholders vote against the online grocer’s new remuneration policy and performance share plan at next month’s annual meeting due to “material concerns” over the sum of money executives cou

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

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Trian Fund Management Withholds Votes in Disney Proxy Battle

Retail Wire

In the ongoing proxy tussle between Trian Fund Management and entertainment titan Disney, Nelson Peltz’s firm has opted to withhold its votes from Disney CEO Bob Iger.

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Ryman owner Theo Paphitis urges government to plug tax loopholes used by fast fashion giants

Retail Gazette

Ryman owner Theo Paphitis is the latest British retailer to call on the government for a clampdown on a tax loophole used by fast fashion giants such as Temu and Shein. The retail tycoon, who also owns Robert Dyas and Boux Avenue, said there was a “big slug” of companies avoiding customs bills in the UK by shipping individual orders directly from countries like China.

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Nike hires Tim Hamilton as vice president of men’s apparel design

Retail Dive

The award-winning menswear designer was formerly at The North Face, where he helped orchestrate collaborations with brands including Gucci and Supreme.

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Asda pulls the plug on electric vehicle charging points

Retail Gazette

Asda has significantly reduced the amount of electric vehicle (EV) charging points available at its stores, despite competitors heavily investing in the technology. Recent data from RAC found that the supermarket chain has deactivated over two-thirds of its EV chargers. At the start of 2023, Asda had 165 chargers but now only has 46 in operation. Following the termination of its partnership with EV charging company BP Pulse, Asda now only has functional chargers available at 2% of its stores, Th

Grocer 119
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The Personalization Playbook: 2024 Strategies

Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.

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Boeing Chief Dave Calhoun To Step Down

Retail Wire

The move will take place at the end of 2024.

ATS 147
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Shein to make London IPO decision as early as next week

Retail Gazette

Shein could make its decision on whether it launches its blockbuster IPO on the London Stock Exchange as soon as next week. City sources said the fast fashion giant is close to deciding if it places its £71bn listing on the London market instead of in the US, This is Money reported. It follows reports that Chancellor Jeremy Hunt met with Shein chairman Donald Tang last month to persuade him to commit to what would be one of London’s biggest corporate flotations.

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Flexing for the planet: How Walmart crushed its supplier emissions target

Retail Dive

The retailer leaned on education, financing and recognition to get its supply chain on board with Project Gigaton, according to a Walmart executive.

Finance 117
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Royal Mail announces nationwide locker service in partnership with Quadient

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Royal Mail has launched a new partnership with global parcel locker operator Quadient, providing customers with more choice to make sending and receiving parcels as convenient as possible. The partnership means Royal Mail customers will have access to parcel lockers for the first time.

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How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions? Join us to gain a better understanding of the current retail landscape and learn what you can do to translate personalization strategies into practical implementatio