Retail Wire
OCTOBER 12, 2024
7-Eleven has recently released its financial reports for the most recent quarter, and in a surprise move, has decided to close hundreds of its store locations in North America.
Retail TouchPoints
OCTOBER 11, 2024
Walmart will work with Solar Landscape to support 74 commercial rooftop solar projects that are expected to come online in 2024 and 2025 and create nearly 43 megawatts of solar capacity for communities in Maryland and Illinois. Approximately half of the portfolio is designed to reduce energy costs for low- and moderate-income households, and Solar Landscape estimates that the combined projects will save consumers about $1 million annually on energy bills.
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Inside Retail
OCTOBER 6, 2024
Should young people be paid less than their older counterparts, even if they’re working the same job? Whether you think it’s fair or not, it’s been standard practice in many industries for a long time. The argument is that young people are not fully “work-ready” and require more intensive employer support to develop the right skills for their job. But change could be on the horizon.
Retail Focus
OCTOBER 12, 2024
Railpen , manager of the £34bn railways pension scheme, has announced that Under Armour, the leading global sports apparel brand, has opened its biggest outlet store in Scotland at Caledonia Park. Under Armour has opened a 3,465 sq ft store at the premium designer outlet village, complementing its high-quality sportswear category alongside anchor brands, Nike and adidas.
Advertiser: Experience Retail Today
I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.
National Retail Solutions
OCTOBER 8, 2024
Modern payment technologies like EMV chips, contactless options, and mobile apps are transforming gas station security, reducing fraud, and ensuring safer, faster transactions for customers and businesses alike. The post Gas Station Payment Security: Best Practices for a Safer Experience appeared first on National Retail Solutions.
Retail TouchPoints
OCTOBER 11, 2024
Grocery chain Save A Lot has debuted its first-ever loyalty program — Save A Lot Rewards. Available via a new mobile app, Save A Lot Rewards offers shoppers points called “dots” that can be redeemed for rewards and free products. Independent Save A Lot Retail stores across the chain’s 750 -strong fleet will have the flexibility to customize the app with local offers alongside national offers; the app also features exclusive coupons and deals.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail Wire
OCTOBER 12, 2024
Kelly Ortberg, President and CEO of Boeing, communicated to employees about the significant challenges the company is currently facing.
Retail Gazette
OCTOBER 8, 2024
Tesco and Sainsbury’s both increased market share this month as Asda’s hold on the grocery sector continues to falter. Britain’s biggest supermarket Tesco achieved its largest share since December 2017, upping it from 27.4% to 28% as sales rose 5.2% in the 12 weeks to 29 September. Sainsbury’s stepped up its market share by 0.4 percentage points to 15.2% after sales increased 5.1%.
Retail Dive
OCTOBER 11, 2024
The retailer also aims to generate $520 million through sale-leasebacks of an undisclosed number of stores as its parent company slashes its profit forecast and spins off non-core segments.
Retail TouchPoints
OCTOBER 10, 2024
Ulta Beauty has launched two new digital experiences in recognition of Mental Health Day: an online digital community and a content-rich platform designed to support The Joy Project , the retailer’s initiative to “make beauty a force of good for all.” The Ulta Beauty Community will serve as an inclusive digital space where beauty enthusiasts, employees, loyal customers and others can share their personal beauty routines, tips and personal stories, while also gaining access to exclusive content f
Speaker: Jennifer Wright and Nick Barron
2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt
Inside Retail
OCTOBER 7, 2024
Cosette has been cleared from allegations it was selling fake luxury goods following a year-long investigation by NSW Fair Trading. The luxury bags and accessories retailer said the allegations stemmed from third-party authenticators who provided customers with misleading services. Cosette said it successfully defended the cases at the NSW Civil and Administrative Tribunal (NCAT), which claimed the authenticators have “no evidence of specific qualifications, skills, or knowledge” The
Retail Wire
OCTOBER 10, 2024
Starting Oct. 31, Taco Bell will launch the Chicken Al Pastor Street Chalupas in select locations — but only in Minneapolis for the time being.
Retail Gazette
OCTOBER 10, 2024
There has been a revolving door in retail’s boardrooms with a swathe of CEOs exiting in recent months with the CEOs of John Lewis and Matalan stepping down this week alone. Retail Gazette takes a look at some of the biggest CEO departures over the past few months. John Lewis John Lewis partnership CEO Nish Kankiwala left his position as CEO of the retailer earlier this month (October) as he reverted back to a non-executive role.
Retail Dive
OCTOBER 11, 2024
The Denver-based retailer filed for Chapter 11 bankruptcy in May and intended to restructure. That plan fell through, CEO Mike Fogarty said Monday.
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Retail TouchPoints
OCTOBER 11, 2024
CPG brands have been trying a lot of new things to connect directly with their consumers, including DTC websites and retailer-agnostic loyalty programs , but Frito-Lay has pulled a new one out of the bag: a Doritos -themed restaurant. Image courtesy Frito-Lay The Doritos After Dark restaurant is a “new bold culinary experience,” now open at the Crypto.com Arena in Los Angeles.
Inside Retail
OCTOBER 7, 2024
Richemont has agreed to sell its Yoox Net-a-Porter (YNAP) business to MYT Netherlands Parent BV, parent of luxury e-commerce platform MyTheresa , in exchange for a stake in the new entity. As part of the deal, Richemont will sell YNAP with a cash position of €555 million (US$609 million) and no financial debt. In return, MyTheresa will issue shares to Richemont, representing 33 per cent of its fully diluted share capital.
Retail Wire
OCTOBER 7, 2024
Those impacted by Hurricane Helene will have resources available to begin rebuilding their lives thanks to Walmart and Dolly Parton.
Retail Gazette
OCTOBER 11, 2024
Bensons for Beds has opened 15 stores in the past three weeks following its acquisition of 19 Carpetright stores in August. The bed specialist has been in the process of converting the flooring chain’s former units and has now reopened more than a dozen of them. Bensons, which has traditionally favoured retail parks, also opened its first high street store in Sutton and returned to Northern Ireland after four years with a new store in Belfast.
Speaker: Igli Laci, Strategic Finance Leader
In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a
Mulesoft
OCTOBER 10, 2024
Beginning with the Mule Runtime 4.5.0 release in 2023, MuleSoft modified the cadence of Runtime updates to offer our customers flexibility in how they wish to handle updating their Mule runtime instances. We transitioned from an ad-hoc release cycle, which historically had been every one to two years, to a regular release cadence of three […] The post Updates to the Mule Runtime Support Structure first appeared on MuleSoft Blog.
Retail TouchPoints
OCTOBER 9, 2024
The introduction of Apple Intelligence aims to set a new standard in AI by integrating powerful generative models with personal context into Apple products. This tool is paving the way for smarter, more intuitive interactions across Apple’s platforms. For retailers, this shift presents both opportunities and challenges, particularly in the realm of content creation and management.
Inside Retail
OCTOBER 9, 2024
Guzman Y Gomez says it has witnessed significant sales growth in the first first quarter amid improved performance across all markets – except in the US. The Mexican-themed fast food chain booked network sales of $278.8 million in the quarter ended September 30, up 20.7 per cent from a year ago. This comes as sales grew 21.1 per cent to $260.2 million in Australia and by 19.3 per cent to $13.6 million in Singapore.
Retail Wire
OCTOBER 10, 2024
Krispy Kreme has announced an exciting promotion to commemorate the launch of its donuts at McDonald's locations in the Chicago area, starting October 15. As part of this initiative, the donut chain is offering a free Original Glazed donut to anyone who brings in and shows a McDonald's receipt between October 10 and 14 at participating Krispy Kreme shops across the country.
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In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.
Retail Gazette
OCTOBER 7, 2024
The Very Group is set to enlist Barclays, JP Morgan, and Morgan Stanley to manage a strategic review that could potentially mark the end of the Barclay family’s long-standing ownership of the ecommerce giant. According to Sky News, the investment banks, whose appointments are likely to be confirmed within days, will kickstart a full or partial auction of The Very Group.
LS Retail
OCTOBER 11, 2024
©iStock/mohd izzuan US micro-, small, and medium-size enterprises, like their global counterparts, struggle with productivity. But a win–win economic fabric connecting all businesses can maximize their potential. At a glance: Micro-, small, and medium-size enterprises (MSMEs) are the bedrock of the US economy. MSMEs in the United States are only half as productive as large companies, compared with 60 percent in other advanced economies.
Retail TouchPoints
OCTOBER 11, 2024
The retail industry holds influence above many others. It’s almost always the first to embrace new waves of innovation, test and deploy new technologies, and integrate them into their businesses to create new, dynamic experiences to benefit customers, employees and ultimately — ROI. This has never been more apparent than now, as consumers look to elevate their in-store shopping experiences and expect the same versatility and ease that they have obtained with modern omnichannel retail.
Inside Retail
OCTOBER 8, 2024
Skims – the shapewear and loungewear brand launched by Kim Kardashian, Emma Grede and Jens Grede – has signed up David Jones as the exclusive Australian stockist of the label’s new Men’s range. “We are incredibly excited to be the first to bring Skims Men’s to customers across Australia,” said Chris Wilson, executive GM of menswear, kids, home, and food at David Jones. “This collaboration aligns perfectly with our commitment to offering the most innovative and
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Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.
Retail Wire
OCTOBER 9, 2024
Rising food prices at fast-food restaurants have hurt Lamb Weston, North America's largest french fry supplier.
Retail Gazette
OCTOBER 10, 2024
N Brown has swung to a pre-tax profit in its first half despite falling sales as its digital overhaul takes effect. The Jacamo, JD Williams and Simply Be owner reported a profit before tax of £200,000 in the 26 weeks to 31 August, up from the £2.8m loss from the year before. It comes as sales for the group fell 6.7% to £277.2m, dragged down by a 7.9% drop in product revenue which it blamed on “unseasonal weather” N Brown attributed its half-year performance to the successful launch of its
Cisco Retail
OCTOBER 10, 2024
Discover the Reimagined Cisco Marketing Velocity Central! Generate 5.2x more pipeline with our revamped platform, featuring enhanced search, AI tools, streamlined campaigns, and more. Join our Partner Activation contest for exciting prizes!
Retail TouchPoints
OCTOBER 10, 2024
Walmart will leverage proprietary AI, generative AI and retail-specific Large Language Models (LLMs) to provide hyper-personalized customer experiences and improve customer service. Additionally, the retail giant has developed an augmented reality (AR) platform that uses AI to create tens of thousands of 3D assets as well as immersive commerce APIs, enabling Walmart shopping experiences that are embedded in new virtual social environments.
Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes
Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.
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