Wed.Jan 24, 2024

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Beyond the numbers: Macy’s, Levi Strauss CFOs dish strategy

Retail Dive

Finance leaders are increasingly balancing financial and strategic duties. For some retail CFOs that’s meant a bigger role in growing market share.

Finance 98
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Transforming Retail Spaces for Today’s Generation of Shoppers

Retail TouchPoints

The mall is experiencing a resurgence, defying predictions of its demise. This retail renaissance is not just a return to traditional shopping spaces but also signifies a shift in the shoppers’ culture, expectations and behaviors. Fueled by a desire for experiential interactions, expanded leisure and dining offers, personalized shopping journeys and the integration of digital elements, malls are becoming hubs of innovation and adaptation in addition to their social elements and place as our new

Returns 335
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Is this the end of Australia’s supermarket duopoly?

Inside Retail

The allegations of price-gouging during a cost-of-living crisis by Australian supermarkets Coles and Woolworths could finally be the death knell of the duopoly that has long dominated the country’s grocery sector. Today, the Albanese government announced the Australian Competition and Consumer Consumer Commission (ACCC) will conduct a twelve-month probe to examine if Australian supermarkets have used their market power to increase their profit margins.

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2024 Predictions and Trends in B2B Ecommerce: Navigating the Digital Evolution

Retail TouchPoints

As 2024 unfolds, the B2B ecommerce sector is undergoing significant transformation driven by technological advancements and shifting buyer behaviors. Despite expectations of a modest economic downturn, this period presents an opportunity for businesses to optimize their operations, improve marketing strategies and enhance their technological infrastructure.

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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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The Outnet partners with ELV Denim in collection using deadstock fabric

Inside Retail

Online luxury retailer The Outnet and British luxury brand ELV Denim have launched a limited-edition 50-piece upcycled capsule collection. The collection features contrast denim styles alongside new categories including tailoring, knitwear and leather items. All these items are transformed from past seasons, leftover deadstock, and produced by ELV Denim in London.

Fashion 278
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Oklahoma City Is Aiming for America’s Tallest Building

Retail Wire

Matteson Capital intends to reshape the Oklahoma City landscape with a daring new plan. The company seeks approval to construct America's tallest building, now tipped to reach an astonishing 1,907 feet.

Planning 246

More Trending

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Microsoft Becomes the Second Company To Surpass the $3 Trillion Mark

Retail Wire

Microsoft recently joined an elite league of tech companies by becoming the second company to achieve a $3 trillion market cap.

Marketing 274
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Can independent retailers drive a high street resurgence in 2024?

Retail Focus

Charlotte Broadbent – UK General Manager at Faire After a bruising year for retail, there are finally some reasons for optimism going into 2024. The holiday season appears to be delivering to expectations. The freeze on business rates has put real cash in retailers’ pockets. And while I hear from our retailers some nervousness about the continued impact of our struggling economy on discretionary spending, the deceleration of inflation should at least prevent customers from tightening the p

Wholesale 173
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Microsoft Joins the Trillionaire Club by Surpassing the $3 Trillion Mark

Retail Wire

Microsoft recently joined an elite league of tech companies by becoming the second company to achieve a $3 trillion market cap.

Marketing 223
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A Disruptive Design For A New-Age Tea Drinkers’ Haunt

Retail Focus

The second outlet of the trendsetting Teavaro Global Brewhouse in New Delhi, located in Punjabi Bagh, is a 500 square feet next-gen tea haven. The latest branch of the teahouse is an exercise in breaking the monotony of the tea industry and shifting the perceptions of the modern urban denizen around the concept of tea. The main aim of the commission was to make the young Indian tea drinker perceive tea beyond the traditional connotations of chai by introducing them to innovative products and exp

Outdoor 147
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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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Casper Revamps California Store with Interactive Sleep Features

Retail TouchPoints

Casper Sleep is doubling down on tactile experiences. As a company that sells mattresses, pillows and other sleep-related goods, it’s a natural thing to do — but Casper has gone far beyond the basics of having potential customers “test” a mattress by lying down for a few minutes with a salesperson hovering. In some ways it’s no surprise that Casper has focused on the in-store experience.

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Wendy’s Breakfast Menu Gets a New Breakfast Burrito

Retail Wire

Wendy's has expanded its breakfast menu. As of Monday, customers across the United States can enjoy a delicious new breakfast burrito at over 4,500 selected Wendy's outlets.

ATS 147
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Stepping into the future: Bata Thailand’s dynamic transformation unveiled

Inside Retail

In a journey spanning over 96 years, Bata Thailand, a household name synonymous with quality footwear, has undergone a remarkable transformation to rejuvenate its brand image and appeal. The heritage brand, deeply rooted in providing affordable and reliable footwear, faced the challenge of being associated primarily with mature-age consumers. Recognising the need to align with contemporary tastes and market dynamics, Bata Thailand embarked on an ambitious venture – the “Surprisingly Bata&#

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Recall of 1.9 Million Ford Explorers: Loose Hazardous Trim

Retail Wire

Ford Motor Co. has announced the recall of almost 1.9 million Explorer vehicles. The reason behind this massive recall is a piece of trim that could potentially detach from the vehicle, causing a risk to other drivers on the road.

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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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Survival of the fittest: iMedia Online Retail Summit’s ‘basic’ theme unveiled

Inside Retail

‘Back to the Future: Why Retail is Getting Back to Basics’ has been announced as the theme for this year’s iMedia Online Retail Summit. In the aftermath of the post-pandemic online retail boom, the industry is witnessing retailers hone a critical skill: staying power. Scheduled to take place on the Gold Coast from April 29 to May 1, the summit emerges as a beacon for Australia’s retail inspirators and innovators.

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Exploring the Popular Twitch Categories in the UK: From Gaming Giants to the Emergence of PayPal Casino Streams

Retail Focus

In the digital landscape of live streaming, Twitch stands as a beacon of entertainment and community. This is especially true in the United Kingdom, where a diverse range of content categories captivates a vast audience. From the adrenaline-fueled gaming streams to the cozy corners of ‘Just Chatting’ rooms, Twitch in the UK offers a virtual mosaic of interests and activities.

ATS 130
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London’s back, baby: Exploring three of the city’s retail hotspots

Inside Retail

I love going on a retail global tour and in the last 10 years, my focus has largely been around cities like New York , L.A., Tokyo and Singapore – the once-glorious London had fallen off my radar. But last July, I returned to London and I was pleasantly surprised. In short, summertime in London was a total vibe. From the vibrant Sunday morning markets to the revamped Battersea Power Station, it felt like London had its mojo back.

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Casinos Combine Entertainment with a Retail Experience

Retail Focus

If you thought that casinos only provide slot machines and roulette or poker tables, think again. These venues are stepping up their appeal to their customers. A new term has been coined for these venues. As casinos combine a retail shopping experience, one now enters the sphere of “retailtainment”. Customers can now enjoy shopping, besides gambling on different games in their favourite casinos.

Shopping 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 Giving $29 Giftcards in Lawsuit Settlement

Retail Wire

Chick-fil-A devotees may find themselves on the receiving end of a gift card windfall, thanks to a recently settled lawsuit.

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Choosing the Right Crypto Futures Trading Platform: Popular Options

Retail Focus

The exponential expansion of the crypto market has led to a significant surge in the demand for platforms allowing crypto futures. They offer the lucrative opportunity to engage in speculative trading of crypto assets. The task of selecting the most suitable platform amidst a plethora of options can turn out to be challenging. In this article, we shall examine common platforms for futures trading.

Returns 130
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The 2024 Consumer Behavior Trends : 40 Stats for Retail Success

Intelligence Node

A new year has begun, signaling a time for re-evaluation and strategic planning in the retail sector. This period is crucial for understanding evolving consumer preferences and integrating this knowledge. The post The 2024 Consumer Behavior Trends : 40 Stats for Retail Success appeared first on Blog.

Consumer 104
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7 reasons why everyone’s confused about shrink and theft

Retail Dive

There’s even less data about retail crime now that the National Retail Federation has retracted a key claim about its impact. What’s going on?

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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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The 2024 Online Retail Guide: 40 Statistics for Strategic Success

Intelligence Node

A new year has begun, signaling a time for re-evaluation and strategic planning in the retail sector. This period is crucial for understanding evolving consumer preferences and integrating this knowledge. The post The 2024 Online Retail Guide: 40 Statistics for Strategic Success appeared first on Blog.

Consumer 104
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Chipotle’s New Hire Incentives Include Student Loan Payoff

Retail Wire

The Mexican grill is giving new hires plenty of incentives to remain on the job.

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Frasers Group snaps up M&S’ former Liverpool store

Retail Gazette

Frasers Group has acquired the Grade II-listed former M&S building in Liverpool as it continues the roll out of its elevated Sports Direct stores. The retail empire is planning to transform Compton House on Church Street into a 103,000sq ft sportswear store and gym, Liverpool Business News reported. M&S vacated the building in August last year as it took up a 70,000sq ft site at the city’s Liverpool One shopping centre.

Location 114
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Aldi Signs 33,262-Square-Foot Lease in Delaware

Shopping Center

Wilmington, Del. — Aldi has signed a 10-year, 33,262-square-foot lease in Wilmington. The Germany-based grocer will occupy a property situated on 3.1 acres. Jim O’Hara and Neil Killian of NAI Emory… The post Aldi Signs 33,262-Square-Foot Lease in Delaware appeared first on Shopping Center Business.

Grocer 105
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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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Manchester Arndale welcomes raft of new retailers

Retail Gazette

A raft of new retailers are set to open in Manchester’s Arndale centre, as it gears up for a busy 2024. Fashion brand Lounge Underwear, the online retailer that opened its first store in Westfield London last year, is set to launch in the shopping centre. It has since opened shops in Trinity Leeds, Manchester Trafford Centre, and Bristol Cabot Circus.

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Secure Your Spot at the Prestigious 2024 Retail VM and Display Awards

365 Retail

The Retail Visual Merchandising and Display Awards 2024 are rapidly approaching, and the growing excitement in the industry underscores the importance of securing a table or ticket for anyone involved in the retail sector. These awards, celebrated annually, are a coveted mark of excellence and innovation in the world of retail design and display. It’s an opportunity for professionals to showcase their skills, for brands to highlight their creativity, and for the industry to come together i

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iPhone Users Should Activate Apple’s Stolen Device Protection Feature

Retail Wire

This week, Apple released a new version of iOS with a range of new features, including the new "stolen device protection.

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Cisco U. Wins Silver at Prestigious Awards

Cisco Retail

When Cisco U. was released for general availability last year, we quickly realized we had developed an experience that was built around the user. But more than that, Cisco U.

ATS 98
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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