Inside Retail
APRIL 23, 2024
After two years of testing, sports giant Puma is ready to launch its compostable shoes dubbed Re:suede 2.0. Puma will create 500 pairs of the commercial version of the sneaker, which went online available for purchase on puma.com/eu and Zalando Plus this week. The commercial version was created to reflect the experiment’s findings and the volunteers’ feedback.
Retail Focus
APRIL 23, 2024
The 2024 Visual Merchandising and Display Show, hosted on April 16-17 at the Business Design Centre in London, provided a comprehensive look at the future of engaging retail spaces through innovative design and display. The exhibition showcased an incredible range of products and technologies designed to redefine the potential of physical retail spaces.
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Inside Retail
APRIL 23, 2024
The brand that invented blue jeans, Levi’s, is reaching back into its archives to sell denim fans a piece of history with its premium Levi’s Vintage Clothing (LVC) offering. Looking back in time to drive future growth is an opportunity afforded to few brands but Levi’s rich history – the business was founded in 1853 in San Francisco by Levi Strauss – offers endless stories and inspiration for the LVC collections.
Retail TouchPoints
APRIL 23, 2024
Saks has joined peers like Nordstrom and Macy’s by launching a retail media network that will enable its brand partners to connect more directly with the Saks customer base through digital advertising. As Saks noted in its announcement, the retailer is one of the first in the luxury space to introduce a retail media offering. This first-mover status was likely enabled by Hudson Bay Company’s decision to split the Saks Fifth Avenue brick-and-mortar and ecommerce offerings into two separate compan
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.
Inside Retail
APRIL 23, 2024
Kogan’s third-quarter adjusted earnings before interest, taxes, depreciation, and amortisation surged 107.6 per cent to $9 million. The trans-Tasman online retailer’s fiscal third-quarter revenue fell 2.4 per cent year on year to $105.9 million amid lower inventories as the company transitions into a capital-light business. Gross sales slid 6.2 per cent to $178.3 million.
Retail TouchPoints
APRIL 23, 2024
Following a pilot in three U.S. cities, Amazon is making its grocery delivery subscription available to all Prime members in the U.S. For $9.99 a month, Prime members will now have access to unlimited grocery delivery on orders over $35 from Amazon Fresh , Whole Foods Market and a variety of local grocery and specialty retailers, as well as number of other delivery and fulfilment options.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
APRIL 23, 2024
There’s size XL, XXL and even XXXL, but there aren’t enough “X’s” for these Levi Strauss & Co. 501 Jeans that measure 12 feet tall — nearly 5X larger than the average pair. The oversized denim will be on display in five malls around the country through May 20, and members of Levi’s Red Tab loyalty program who show a picture of themselves with the jeans can get 40% off a pair of regular price (and regular size) jeans.
Inside Retail
APRIL 23, 2024
Hard Yakka and Thrills have teamed up to launch a new standalone brand, Hard Yakka Create. The brand’s first collection comprises 32 wardrobe items and six accessories, which the brands say deliver both essential staples and fashion-forward pieces to fit any style. Hard Yakka Create combines Hard Yakka’s history and Thrills’ modern streetwear edge.
Retail TouchPoints
APRIL 23, 2024
UK-based sports retailer JD Sports Fashion has agreed to acquire athletic fashion retailer Hibbett for $87.50 per share, representing an aggregate value of approximately $1.1 billion , in a deal unanimously approved by the Hibbett board. JD Sports entered the U.S. in 2018, when it acquired Finish Line for $558 million. This latest acquisition will add 1,169 Hibbett , City Gear and Sports Additions stores operating across 36 states to JD Sports’ roster of more than 3,400 stores in the UK, Europ
Inside Retail
APRIL 23, 2024
I was born in the late 1970s. When I was a kid, the term ‘kiosk’ meant a building at the beach where we would go and buy ice creams and bags of candy with our loose change. The drive-through at McDonald’s was a novelty and the quickest way to get fast food. Whenever you walked into a store or up to a counter, you were served by a human. The closest we got to self-service was the salad and dessert bar at Pizza Hut – an absolute novelty.
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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.
Retail TouchPoints
APRIL 23, 2024
Saying that Tapestry ’s planned purchase of Capri Holdings would eliminate head-to-head competition in the “accessible luxury” handbag market, the Federal Trade Commission (FTC) has authorized a lawsuit to block the $8.5 billion deal. The acquisition plan, announced in August 2023 , would bring together some of the most iconic names in luxury, uniting Tapestry’s Coach, Stuart Weitzman and Kate Spade brands with Capri’s Versace, Jimmy Choo and Michael Kors labels.
Retail Wire
APRIL 23, 2024
The FTC is opposing the $8.5 billion merger between Tapestry and Capri, the parent companies behind brands like Coach, Kate Spade, Michael Kors, and Versace. This move is unusual for the FTC, which rarely steps in on fashion industry deals due to its competitive nature.
Retail Times
APRIL 23, 2024
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Co-op is the first UK retailer to announce it is moving to 100% British Strawberries across its entire own brand range – hitting shelves two weeks ahead of last year and just in time for St George’s Day. From 23rd April, the leading convenience retailer will exclusively offer only British fresh strawberries across its offering […] If you want
Retail Wire
APRIL 23, 2024
JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK's largest sportswear retailer grow in the southeastern United States.
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.
Retail Gazette
APRIL 23, 2024
Carpetright has been unable to trade online or in-store for almost a week following a cyber attack. Hackers targeted the flooring specialist’s head office in Purfleet, in Essex, last week by sending malware to gain unauthorised access. Staff told The Times that customers had been unable to place orders on its website or at any of its 400 shops since last Thursday when systems were taken down.
Retail Wire
APRIL 23, 2024
Rivian is offering customers with gas-powered Ford and Toyota SUVs and trucks discounts of up to $5,000 on its EVs, along with a year of complimentary charging.
Retail Gazette
APRIL 23, 2024
Primark is expanding its click-and-collect service to all British stores by the end of 2025 as its first half profits surge. Pre-tax profit across owner Associated British Foods surged 37% to £881m while the fashion retailer experienced a “significant increase” in adjusted operating profit, up 46% to £508m. Primark’s sales jumped 7.5% to £4.5bn in the 24 weeks to 2 March, as like-for-like sales edged up 2.1%.
Retail Wire
APRIL 23, 2024
Following significant price cuts in the U.S., Tesla has revealed that similar reductions will be applied in China and Germany as well.
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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.
Retail Gazette
APRIL 23, 2024
John Lewis executive finance director Bérangère Michel has resigned from the Partnership after 16 years. Michel will step down from her post in the autumn after deciding “to pursue her future career options outside of the partnership”. Her departure is the first major change to John Lewis Partnership’s executive team since former Tesco boss Jason Tarry was named as chair Dame Sharon White’s successor.
Retail Wire
APRIL 23, 2024
Ground has been broken for a new high-speed rail line connecting Las Vegas to Southern California.
365 Retail
APRIL 23, 2024
Primark is set to extend its Click + Collect service to every store across Great Britain by the end of 2025, following a successful 18-month pilot. The expansion will commence later this year, incorporating all 184 stores in England, Scotland, and Wales. With this expansion, Primark will also broaden the range of products available through Click + Collect.
Retail Wire
APRIL 23, 2024
Toyota has unveiled the 2024 Tacoma Hybrid, and it's making waves in the midsize pickup segment.
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
Hyken
APRIL 23, 2024
I was talking to a friend the other day. He purchased an expensive new car just eight months ago. Unfortunately, the car turned out to be a “lemon,” and he has taken it back to the dealer multiple times for various problems. The car has spent more time at the repair center than in his garage. If it were me, I’d ask the dealer to replace the car. Apparently, he has more patience than I do and was giving the dealer another chance to fix the car.
Retail Wire
APRIL 23, 2024
This new location will allow for quicker, same-day delivery.
Retail Gazette
APRIL 23, 2024
Asda chief financial officer Michael Gleeson has dismissed reports that its owners are looking to sell the supermarket. Gleeson told The Times that the grocer’s billionaire owners the Issa brothers and private equity firm TDR Capital had a track record “of growth and investing for the long run”. He said: “They don’t tend to be in and out of companies — they hold their positions in companies for significant periods of time.
Retail Wire
APRIL 23, 2024
Kroger and Albertsons are selling more of their stores to address concerns about their merger.
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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.
Retail Gazette
APRIL 23, 2024
Getir shareholders are set to pump more money into the grocery business to cover its withdrawal from the UK and Europe. Investors at the Turkish company have drawn up provisional plans to inject tens of millions of pounds extra into Getir during the coming weeks, according to Sky News. Sources close to the situation claimed leading investors including Mubadala, Sequoia Capital and Tiger Global were believed to have agreed to the new funding plan during recent days.
Retail Times
APRIL 23, 2024
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Philip Morris Limited (PML) has unveiled HEATWAVE OPEN, a cutting-edge Digital Trade Engagement Platform designed to bolster online support for convenience retailers stocking IQOS, the world’s number one heated tobacco device.
Retail Gazette
APRIL 23, 2024
JD Sports has unveiled its biggest store to date as it reopens its flagship in London’s Westfield Stratford City. The sports retailer has given its unit in the shopping centre a “digital uplift” and extended its retail floor by 4,000sq ft, taking its total space to 27,915 sq ft. JD Sports says the store, which now sits across two floors, promises to deliver “a seamless and immersive shopping experience”.
Retail Dive
APRIL 23, 2024
The new service, which has a monthly fee, offers free delivery on orders over $35 from Whole Foods, Amazon Fresh and grocers partnered with the e-tailer.
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
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