Trending Articles

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Woolworths CEO Brad Banducci to retire

Inside Retail

Woolworths Group CEO Brad Banducci is set to retire in September, coinciding with the supermarket chain’s 100th anniversary. Banducci will retire after serving the company for 13 years, with eight and a half of those as CEO. Woolworths has named current MD of Woolies X Amanda Bardwell as MD and CEO, effective September 1, following the release of the company’s annual financial results. “It has been a privilege to be a member of the Woolies team and one I have never taken for gr

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Ecommerce Marketing Lessons from Q4 2023 

Retail TouchPoints

Last year was an uncertain one. Though many of the economic indicators were excellent, including the low unemployment numbers and strong GDP growth, there was a lot of uncertainty in the market throughout the year. In the martech ecosystem, publishers continued to feel the pains after the COVID-19 bump. Still, I believe that had more to do with the sustained consolidation of ad budgets on the major platforms as marketers reallocated marketing spend in the post-IDFA (identifier for advertisers) a

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Retail Food Group books lower revenue in first half

Inside Retail

Retail Food Group swung to a net income despite lower revenue in the fiscal first half, thanks to an increase in average transaction value and the company’s acquisition of Beefy’s Pies. RFG’s net profit stood at $5.1 million while revenue fell 1.4 per cent year over year to $61.9 million during the six months ended December 29 last year.

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Capital One Eyes Discover Financial Merger

Retail Wire

In a potentially massive move for the credit card industry, reports suggest that Capital One is contemplating acquiring Discover Financial. If this deal goes through, it would merge two of the country's biggest credit card giants, creating a behemoth in the sector.

Finance 264
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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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Adare Manor Launches Brand-New Retail Concept Store Designed by Kim Partridge Interiors

Retail Focus

Adare Manor , Europe’s most beloved countryside resort debuts a new shopping experience with the launch of a uniquely designed retail Boutique. Showcasing incredible artisans and craftsmanship from Ireland and Europe designers alongside the much-loved Adare Manor products, the new guest experience has been created following the success of the property’s online retail concept and former on-site gift store.

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Why social commerce is transforming online retail

Retail Dive

Once hubs for casual entertainment, social media platforms now serve as bustling marketplaces. Today’s social media scroller has become a digital window shopper with the power to buy in seconds.

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Molson Coors Workers in Fort Worth Walk Out

Retail Wire

In Fort Worth, Texas, workers at the Molson Coors brewery have commenced a strike. These employees, represented by Teamsters Local 997, began picketing outside the brewery over the weekend. The bone of contention? A new three-year contract for the 420 workers involved in the production, packaging, and warehousing of the company’s beverages.

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Wolf & Badger opens flagship Soho store with Shaftesbury Capital

Retail Focus

Shaftesbury Capital has announced that Wolf & Badger, the award-winning multi-channel retailer, has launched its UK flagship at 102 Berwick Street, in Soho. The opening represents a milestone moment in the brand’s bricks-and-mortar presence, and reaffirms Shaftesbury Capital’s portfolio-wide appeal to high-quality retailers. Wolf & Badger’s 1,400 sq ft unit at 102 Berwick Street presents an ever-evolving collection of unique items, from a dynamic range of over 100 independent and sustain

Fashion 147
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Ocado launches ‘fine dining’ ready meals for pets

Retail Gazette

Ocado is launching a range of “fine dining” frozen ready meals for dogs and cats in a bid to appeal to health-conscious pet owners. The online supermarket will to sell seven different types of microwavable frozen meals for kittens, puppies, and adult cats and dogs. Hitting stores this week, the meals from Ted’s Bowl, which cost between £4.49 to £4.59, will include human-grade meat, fish or poultry, with a minimum of 98% for cats and 70% for dogs.

Grocer 114
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Taylor Swift offers a masterclass in marketing. Here’s what retailers can learn

Inside Retail

You don’t have to be a marketing expert to know that Taylor Swift is a bulletproof brand that consistently improves, regardless of the challenges she faces or the challenges she sets for herself. While many marketers and brand managers excel at designing creative initiatives and strategies, what sets Swift apart is her vision, long-term perspective, and, perhaps most importantly, her ability to transform challenges and crises into a powerful engine for purposeful and inspiring collective g

Marketing 255
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Guide to Business Writing

Everything you need to know about better business writing in one place. This is a complete guide to business writing — from a clear business writing definition to tips on how to hone your business writing skills.

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Target Looks to Attract New Customers with Intro of Value-Priced Private Label Brand

Retail TouchPoints

Target has introduced a new low-price owned brand called Dealworthy — featuring more than 400 products ranging in price from less than $1 to $10 — and revamped its 15 -year-old everyday essentials brand Up&Up with new branding, product reformulations and additions to the assortment. Target’s owned brands are one of the most successful pieces of its business , with a collection of more than 45 private labels that contribute more than $30 billion in sales annually.

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Colorado Attorney General Files Lawsuit Against Kroger-Albertsons Merger

Retail Wire

Colorado Attorney General Phil Weiser took a decisive step on Wednesday, announcing plans to file a lawsuit aimed at blocking the proposed $24.6 billion merger between grocery retailers Kroger and Albertsons.

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81% of UK shoppers always open delivery notification emails from retailers, offering increasing customer engagement opportunities

Retail Focus

Retailers and brands who outsource post-purchase updates to third-party fulfillment or courier companies could be missing out on valuable customer engagement opportunities, according to the latest research from Scurri , the next-generation delivery management platform. Original research of 1,000 UK consumers in its Getting personal in the last mile and beyond report, reveals that 81% always open delivery updates from a retailer or brand, while less than a fifth (38%) always open unbranded update

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BREAKING: The Body Shop to axe half of stores and 40% of head office jobs

Retail Gazette

The Body Shop administrators said it will retain “more than half” of the brand’s 198 UK stores, with seven shops set to close today. The ethical beauty chain will also axe around 40% of head office roles, to around 400 full-time staff. Administrators FRP, which were appointed last week, said: “After years of unprofitability and following a full evaluation of The Body Shop’s UK business, the joint administrators have concluded that the current store portfolio mix is no lon

Shopping 113
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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Kelly Goetch, 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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How two sisters created Francesca Jewellery from a Tasmanian market stall

Inside Retail

A beading class in the rural town of Hawksnest, NSW, was the catalyst for sisters Rachel Vasieck and Hanna Vasieck to launch their on-trend designer jewellery label Francesca Jewellery in 2011. The Tasmanian brand opened its first store in Hobart in 2013, followed by a flagship store three years later at Melbourne Central. Rachel Vasieck, who, as a teenager, was an apprentice to her older sister, making hand-beaded jewellery, spoke to Inside Retail about her career journey since turning down a l

Marketing 263
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Shoe Carnival Strengthens Midwest Footprint with Acquisition of Rogan’s Shoes

Retail TouchPoints

With an eye on its goal of becoming the leading family footwear retailer in the U.S., Shoe Carnival has acquired the 53 -year-old Rogan’s Shoes for $45 million in cash. The addition of Rogan’s 28 stores throughout the Midwest makes Shoe Carnival the market leader in Wisconsin and establishes a store base for the company in Minnesota for the first time.

Marketing 275
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McDonald’s Offers a Special $1 Filet-O-Fish for the Lent Holiday

Retail Wire

As the season of Lent commences, McDonald’s has rolled out an enticing deal that's bound to please seafood enthusiasts.

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Upmarket Italian delicatessen brand, Prezzemolo & Vitale, rolls out Pricer’s in-store automation solution to its London stores

Retail Focus

Leading high-end Italian delicatessen brand, Prezzemolo & Vitale (P&V), has selected Pricer, the leading solution for digitally connected stores and the world’s most trusted electronic shelf label (ESL) vendor, as its provider of in-store automation and communication solution based on ESLs, rolling out digital shelf labels in all its London stores.

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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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Why is Currys a takeover target and how much is it worth?

Retail Gazette

Currys has found itself at the centre of a bidding war, with Waterstones owner Elliott and Chinese online shopping giant JD.com both considering takeover bids for the tech giant. The electricals retailer said on Saturday it had rejected the book shop owner’s £700m offer as it believed it “significantly undervalued the company and its future prospects” On Monday, JD.com revealed it was considering throwing its hat in the ring to snap up Currys.

Shopping 111
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Four retail leaders weigh in on the year ahead

Inside Retail

As 2024 gets underway, what are the greatest challenges and opportunities facing retail? Here is a glimpse at the top priorities of the leaders of some of the country’s biggest retailers in the year ahead. Angus McKay, CEO & managing director, 7-Eleven KPMG: What do you see as the greatest challenge to Australian retail in the year ahead? Is this a new challenge vs prior years?

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Party City to Deploy Price Optimization Solution

Retail TouchPoints

Party City has partnered with The Parker Avery Group to roll out a price optimization solution based on the solution provider’s Enterprise Intelligence analytics platform. The retailer chose Parker Avery because of its retail-focused analytics capabilities and ability to provide insights that go beyond price recommendations to help inform decision-making.

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Germany is Most Likely in a Recession

Retail Wire

Germany, the economic powerhouse of Europe, finds itself in troubled waters according to the latest report from the Bundesbank. The country's economy, battered by a series of challenges, is teetering on the brink of recession.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Unlocking Retail Success: The Power of Proficiency, Productivity, and Profitability

Theatro

In today’s hyper-competitive retail landscape, the efficiency and productivity of frontline teams are essential to financial success. However, many frontline team members currently lack the tools necessary to make significant strides in these areas, leading to disengagement and a higher likelihood of job turnover. Theatro’s dedicated to Unlocking Retail Success.

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Lush settles legal dispute with ex-boss over share sale

Retail Gazette

Lush has settled a legal dispute with its former chief executive Andrew Gerrie over a blocked transfer of shares. The bath bomb specialist found itself in a row last year with Gerrie’s investment firm Silverwood Brands after the business sought to acquire a 19.8% stake – worth £216.8m – in Lush from the former boss and his wife, Alison Hawksley. The retailer blocked the transfer of shares to Silverwood as it said they did not match those previously offered to the remaining shareholders.

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Australian doughnut chain Lukumades launches in Singapore 

Inside Retail

Australian doughnut chain Lukumades has launched its first presence in Singapore, with a brick-and-mortar store on Arab Street. The new Lukumades Singapore store is a vegan-friendly and Halal-certified location. Founded in 2016 in Melbourne, Lukumades is known for its loukoumades, which are bite-sized Greek doughnut balls. These vegan doughnuts are offered in various toppings and sauces, priced between $8.50 and $12.

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Staples Rebrands, Enhances Loyalty Program

Retail TouchPoints

Staples has renamed and upgraded its Staples Rewards loyalty program. The new Easy Rewards program, which is free to join, is designed to deliver customized savings and benefits based on what members buy and how they shop. Staples is kicking off the program’s debut with a Leap Day promotion, offering 29,000 free passport photos nationwide and the chance to win 29X points for purchases members make on Feb. 29, 2024.

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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.

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FuboTV Files Lawsuit Against Disney, Warner Bros. Discovery, and Fox

Retail Wire

FuboTV, a sports streaming platform, has taken legal action to halt a collaborative effort by Disney's ESPN, Warner Bros. Discovery, and Fox. This move aims to thwart the partners' plan of offering a bundled sports streaming package, which Fubo claims promotes illegal market manipulation and undermines its competitors.

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HGP Acquires Lincoln City Outlets in Oregon for $35.3 Million

Shopping Center

Lincoln City, Ore. — Horizon Group Properties (HGP) has acquired Lincoln City Outlets in Lincoln City for $35.3 million, in a joint venture with an entity doing business as LC Outlets… The post HGP Acquires Lincoln City Outlets in Oregon for $35.3 Million appeared first on Shopping Center Business.

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6 retailers offering a four day work week

Retail Gazette

Morrisons became one of the first major UK retailers to introduce a four day week for its employees at its Bradford head office back in 2020. However, last month it revealed that it was adjusting its policy and moving staff onto a four and a half day working week instead. As one retailer pulls back, Retail Gazette rounds up the retailers offering its employees a shorter working week.

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As wine shipments flow into China again, brands face falling alcohol consumption

Inside Retail

Australian wine-makers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs on Australian wine and revive a trade worth hundreds of millions of dollars, according to industry figures and trade data. Australia sent wine worth almost $800 million to China in the year to November 2020, when Beijing responded to a call in Canberra for an inquiry into the origins of Covid-19 by blocking imports.

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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.