Fri.Apr 26, 2024

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The four trends defining online retail in 2024

Inside Retail

Thanks to rapid innovations in supply chain management, AI technology and digital marketing, e-commerce is increasingly playing an integral role in the lives of everyday Aussies. With this momentum continuing into this year, it’s the perfect time for retailers to reexamine their strategies and restructure with growth and scale in mind. Four key trends stand out as high-growth opportunities for online retailers.

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As France weighs fast-fashion ban, is the circular economy the future of retail?

Inside Retail

This week, France announced legislation to “limit the excesses of ultra-fast fashion”. Key measures include a ban on advertising for cheap textiles and an environmental charge on low-cost items. While the proposed laws need to pass a vote in France’s senate, they signal an increased need for focus on sustainability in the retail industry. It’s a trend that’s also playing out close to home with Roy Morgan’s Future of Australian Retail address highlighting the dichotomy between the $8 billion in s

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How Bark is Creating Products and Experiences that Pups (and Pup Parents) Love

Retail TouchPoints

Americans spent $136.8 billion on their pets in 2022, up from $123.6 billion in 2021, according to the American Pet Products Association. Half of these pet-owning households are run by millennials and Gen Zers, who don’t just look at their pets as “furry friends” but as their children. Bark is one company that is laser-focused on engaging these pet lovers — specifically, pup parents.

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Home Depot Holds Halfway to Halloween Sale: Skelly’s Back

Retail Wire

It's halfway to spooky season, and Home Depot is celebrating.

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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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Walmart+ Members will Get First Dibs on New Products During 24-Hour Event

Retail TouchPoints

From 12 noon ET on Monday, April 29 through noon on April 30, the Walmart+ Early Access online sales event will offer program members a curated assortment of products new to Walmart — including Dolly Parton’s Rockin’ New Baking Collection, Doritos Flamin’ Hot Mystery Flavor, Pampers diapers and men’s and women’s shoes from Reebok. “Walmart+ members have shown significant engagement with our digital offerings, particularly in the grocery sector, so we’re excited to offer them a shopping event lik

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Kaiser Discloses Health Insurance Data Breach

Retail Wire

Health insurance company Kaiser is notifying millions of its current and former members about a data breach. The breach occurred when Kaiser shared patients’ information with third-party advertisers like Google, Microsoft, and X (formerly Twitter).

More Trending

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Honda Invests $11 Billion in Canadian EV Hub

Retail Wire

Honda Motor, in partnership with undisclosed joint venture collaborators, has announced an $11 billion investment in Ontario, Canada, to establish a robust electric vehicle infrastructure.

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The Imperative of Ethical Packaging Practices for Preserving Consumer Trust

Retail TouchPoints

In today’s market landscape, ethical, political and environmental considerations increasingly sway consumer purchasing decisions, particularly when it comes to packaging. Studies indicate that consumers are willing to put their money where their mouth is, with products that make environmental, social and governance-related claims seeing disproportionate growth over products that don’t make such claims, achieving a 1.7 percentage point increase in the CAGR.

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KIKO Milano Opens its Doors at Braehead

Retail Focus

Braehead, one of the UK’s most popular retail and leisure destinations, owned by property company SGS and asset managed by Global Mutual in conjunction with Savills as property managers, is pleased to welcome beauty brand, KIKO Milano, to the centre as the store opens its doors to customers. KIKO Milano, the Italian cosmetics brand, has opened a c.1,000 sq ft store stocking its range of beauty products including makeup, face and body treatments.

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Walgreens Looks to ‘Break Through Health Care Silos’ with New Specialty Pharmacy Division

Retail TouchPoints

Image courtesy Walgreens Walgreens is bringing all of its specialty pharmacy services into one integrated unit and expanding its offerings for patients suffering from complex chronic conditions with an investment in gene and cell services. It’s all part of what the company described as the “latest step to leverage its neighborhood pharmacies into fast-growing areas of healthcare.

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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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How skydiving and ice baths help this CEO stay energised

Inside Retail

Inside Retail’s Top 50 People in E-Commerce is an annual ranking of the most impressive and inspiring leaders in Australia’s online retail industry. Our 2024 report features C-level executives with decades of leadership experience, alongside start-up founders and digital specialists with a wide range of skills, from marketing to logistics. You can download it here.

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UrbanStems Expands Same-Day Delivery to 4 New Markets via Walmart GoLocal

Retail TouchPoints

Just in time for Mother’s Day May 12, UrbanStems has added same-day delivery in four major markets by expanding its partnership with the Walmart GoLocal white-label fulfillment service. Customers in Chicago, Dallas, Miami and Atlanta join those in Washington, D.C., New York and Los Angeles who can now take advantage of same-day delivery of UrbanStems’ in-house designed arrangements.

Marketing 147
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Why supermarkets could face scrutiny for the way they discount, too

Inside Retail

Amidst multiple inquiries into the price-setting practices of Australian supermarkets, Woolworths and Coles are seemingly leading with more specials and promotions than ever. While the sudden grocery discounts have presumably been introduced to appease consumers during the allegations of price gouging, and ongoing inquiries by the Australian Competition and Consumer Commission (ACCC) and the Senate, some of the promotional materials to advertise the savings have left consumers and independent wa

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Aramark Workers Strike Again at Wells Fargo Center

Retail Wire

Aramark workers at the Wells Fargo Center have gone on strike to demand better wages and health care benefits.

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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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Rob Walton ends long-standing tenure on Walmart board

Retail Dive

The eldest son of founder Sam Walton has been with the company since 1969 — even longer if you count his job at his father’s original five-and-dime.

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Satirical Site The Onion Acquired by Global Tetrahedron

Retail Wire

The satirical news website, The Onion, has been sold by G/O Media to a group of digital media veterans.

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Walmart removes self-checkout from select stores

Retail Dive

The retailer joins Target, Dollar General and other chains in recalibrating its reliance on self-service and rethinking the checkout experience.

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Elon Musk’s OpenAI Rival xAI Is Raising $6 Billion in Funding

Retail Wire

Elon Musk's xAI, which came to the market 10 months ago to compete with OpenAI, has raised almost $6 billion in funding.

Marketing 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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The Weekly Closeout: Layoffs at Lululemon and Mango opens more stores

Retail Dive

The athletics retailer had a round of layoffs as it shuttered a distribution center and Mango opened locations in Washington, D.C., and Boston.

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Best and Fastest-Selling New Cars in 2024 Ranked

Retail Wire

In a recent study by iSeeCars, Toyota emerged as the fastest-selling new car brand from October 2023 to March 2024.

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Asda trials new ‘Digital Spirits’ interactive screens amid innovation push

Retail Gazette

Asda is trialling new ‘Digital sSpirits display screens’ across 23 of its Express stores, under its continued investment in innovation. The new digital display screens, launched in partnership with beverage company Diageo, will allow shoppers to select from a larger choice of spirits, with the stores’ range increasing from 13 or 26 products to 50 products.

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Young Affluent Consumers Embrace Luxury Sleep Brands

Retail Wire

A rising trend among young affluent consumers is the integration of luxury sleep brands.

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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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Alo Yoga, Vuori gaining share in activewear market, report finds

Retail Dive

The DTC brands, which share shoppers with Lululemon and Nike, are growing as rivals like Under Armour contract, according to an Earnest Analytics report.

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National Pretzel Day Deals Await

Retail Wire

April 26 marks National Pretzel Day, honoring one of America's cherished snacks.

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Foxtrot, Dom’s sued amid mass layoff

Retail Dive

A class action complaint claims the companies violated the WARN Act by failing to give its employees at least 60 days notice of the mass layoff.

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NHTSA Investigates Tesla Autopilot Again After Recent Software Update

Retail Wire

Tesla Autopilot is once again the subject of an NHTSA investigation.

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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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3 Challenges Shopify POS Solves for Home and Garden Brands

Shopify

Shopify discusses how the right POS system for your home and garden business can help you solve challenges including creating customer loyalty, having a standout in-store experience, and streamlining inventory management.

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Experience Eco-Friendly Data Center Efficiency with Cisco’s Unified Computing System (UCS)

Cisco Retail

In the highly dynamic and ever-evolving world of enterprise computing, data centers serve as the backbones of operations, driving the need for powerful, scalable, and energy-efficient server… Read more on Cisco Blogs

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Christian de Portzamparc wraps Dior flagship store with "resin shells" in Geneva

Dezeen

Six interweaving "petals" encase the facade of Dior 's store in Geneva , Switzerland, which has been designed by Pritzker Architecture Prize-winner Christian de Portzamparc. The Dior store's expressive facade elements echo those of its Seoul flagship store – also designed by French architect De Portzamparc – that similarly draws on fabrics used for Dior's creations.

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Joann to exit bankruptcy ‘in the coming days’ as reorganization plan gets court OK

Retail Dive

The craft retailer expects to cut $505 million in debt and emerge from bankruptcy as a privately held company.

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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