Tue.Apr 16, 2024

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Viva Energy’s first-quarter convenience sales dip

Inside Retail

Viva Energy’s convenience sales declined 4.4 per cent year over year to $259 million in the first quarter. The company attributed the lower turnover to the divestiture of 25 Coles Express sites to Chevron, the timing of Easter in March, and lower tobacco sales. However, the company said its acquisition of OTR Group provides a platform to boost its convenience business.

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Elon Musk Plans To Charge a Fee For New X Users To Post on the Platform

Retail Wire

Elon Musk is considering adding a small fee for new X users to enable them to post on the platform as a way to address the issue of bots.

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Why the founder of Culture Kings wants retailers to sell with emotion and magic

Inside Retail

Culture Kings is an Australian retail phenomenon, what started as a Carrara market stall in 2008 evolved into an international retailer being listed on the stock exchange with a $600 million valuation. Founder and CEO Simon Beard took to the stage at Retail Fest 2024 in the Gold Coast, the city where it all started for him, to share what he refers to as the art of retail.

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Wegmans Confirms New Store in Charlotte, North Carolina

Retail Wire

Wegmans Food Markets, the popular New York-based supermarket chain, has confirmed its plans to open a new store in south Charlotte.

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Innovation Fest: Summer of AI

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.

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Dick’s Plans New Slate of Sporting Goods Resale Events with SidelineSwap

Retail TouchPoints

Dick’s Sporting Goods is expanding its partnership with sporting goods resale marketplace SidelineSwap following a previous expansion in 2023. As the partnership moves into its third year, SidelineSwap’s recommerce services will be available at more Dick’s locations across the U.S. through an ongoing series of trade-in events. During these events, Dick’s customers can bring in their used sports gear for evaluation by SidelineSwap experts.

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Starbucks Launches Spicy Lemonade Refreshers

Retail Wire

Starbucks is spicing things up this spring with the launch of its new Spicy Lemonade Refreshers. These refreshing beverages are inspired by the popular “swicy” trend, which blends sweet and spicy flavors to create a tantalizing taste experience.

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California Housing Crisis Turns Working-Class Towns Into ‘Million-Dollar Cities’

Retail Wire

The housing crisis in California is reportedly so bad that working-class towns have turned into million-dollar cities.

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Shake-up in the smartphone sector: Samsung leads, Apple diversifies

Inside Retail

This year has been a rough one for Apple, to put it mildly. According to IDC , Samsung has reasserted itself as the leading smartphone provider in the first quarter of this year with 60.1 million units shipped versus 50.1 million units shipped by Apple. Ryan Reith, group vice president with IDC, was quoted as saying that the recovery of the smartphone market continues to move forward with optimism slowly building among top brands.

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Beyoncé Is Driving up Sales of Levi’s Jeans and Western-Style Boots

Retail Wire

Beyoncé is giving the Levi’s brand a major boost.

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LVMH reports first-quarter revenue growth of 3 per cent, underpinned by Japan

Inside Retail

The world’s largest luxury group, LVMH, has recorded a revenue of €20.7 billion (US$22 million) for the first quarter of this year, representing organic revenue growth of 3 per cent, but a 2 per cent drop on a reported basis. Sales in Japan achieved the highest growth, surging 32 per cent. Meanwhile, the group’s sales in Asia – which account for 33 per cent of total revenue – dropped 6 per cent, mainly due to the recovery in offshore travel.

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From Concept to Deployment: Building Commerce Storefronts with Composable UI

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Free Coffee at Wawa’s 60th Anniversary Celebration

Retail Wire

Wawa, the convenience retail store chain, is marking its 60th anniversary with a special treat for coffee consumers. On Tuesday, April 16, customers can enjoy a free cup of coffee in any size to celebrate the milestone.

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Dr Martens names new CEO to replace departing Kenny Wilson

Inside Retail

Kenny Wilson will step down as CEO of footwear brand Dr Martens by the end of this year. Chief brand officer Ije Nwokorie will succeed Wilson as the new CEO. To ensure a smooth transition, the company said Wilson and Nwokorie will be working together, with the latter becoming CEO before the end of the current financial year. Paul Maison, chair for Dr Martens, said Wilson’s contribution to the company has been immense, and he is confident that he will ensure an orderly transition.

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Aldi Deploys Computer Vision-Enabled Cashierless Checkout at Chicago-Area Store

Retail TouchPoints

Aldi has retrofitted its Aurora, Ill. supermarket with cashier-free checkout technology powered by computer vision. ALDIgo, using technology from Grabango , tracks which items shoppers put in their carts; customers can then pay with a credit or debit card or the Grabango app at cashierless pay stations or they can use traditional manned lanes. “It’s exciting to see a checkout-free capability live in one of our stores,” said Eric Traxler, VP of IT at Aldi in a statement.

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Economic impact of TikTok highlighted in new report

Inside Retail

A new report highlights how TikTok has grown to be a powerful tool for big and small businesses alike, revealing that more than 8.5 million Australians and more than 350,000 Aussie businesses are on the platform. The inaugural TikTok Economic Impact Report by Oxford Economics has found that in the last financial year, TikTok contributed $1.1 billion to Australia’s GDP and supported nearly 13,000 jobs.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, 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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Amazon Brings Live Shopping to Streaming TV

Retail TouchPoints

Amazon is expanding the reach of its Amazon Live shopping content with the debut of a new interactive shoppable channel on the Prime Video and Freevee streaming TV services. The HSN-style, free ad-supported TV (FAST) channel will give consumers expanded access to the content and creators of Amazon Live, which debuted in 2016 on desktop, mobile and Amazon’s Fire TV devices.

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Former Catch, MySale execs launch online beauty discounter On Trend Beauty

Inside Retail

Former MySale CEO Kalman Polak and ex-Catch beauty category manager Sarah Frazer are teaming up to launch an online space offering discounts and hard-to-find beauty brands. The website – Ontrendbeauty.com.au – is a response to consumer demand for the best big brand products for less, said Polak, co-owner of On Trend Beauty. “We know customers are paying too much at the checkout both online and in-store, and we know we can make a big impact on the beauty category.

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Ben & Jerry’s Free Cone Day 2024 Is Here

Retail Wire

It's here: Ben & Jerry’s Free Cone Day. Established back in 1979, Free Cone Day has become a global sensation, eagerly anticipated by dessert enthusiasts everywhere.

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Elevating the Ordinary: How Pride Transforms Your Work

Hyken

I love seeing amazement in action. I was at the airport last week with a friend who accidentally spilled his soda. Within moments, an airport employee came over with a bucket and mop to clean up the spill. My friend apologized for making a mess, and the woman’s response surprised both of us. She said, “My name is Laura, and it is my pleasure to clean up your spill.

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Get MACH Ready with Orium, Commercetools, and Contentstack

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7 retailers that have gone bust so far this year

Retail Gazette

Ted Baker became the latest high street casualty last month when the brand’s UK operator No Ordinary Designer Label called in administrators. It is one of several collapses reported so far this year following a record number of retail insolvencies in the year to January 31. Retail Gazette takes a look at the retailers that have gone bust so far in 2024.

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HEPA Filters Become a Growing Market Amid Rising Air Pollution

Retail Wire

The HEPA filter market is on the rise, driven by concerns about worsening air quality.

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Next to reopen Westfield Stratford City store this Autumn

Retail Gazette

Next is set to open its new Westfield Stratford City store this Autumn after closing its existing location back in February. The fashion retailer is due to unveil a new 34,000sq ft unit on the centre’s first floor this September. It is unclear what concessions will be in store, but its previous Westfield Stratford branch included Lipsy and Victoria’s Secret.

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Little Caesars Introduces Viral Crazy Puffs

Retail Wire

Little Caesars Pizza has recently launched its latest offering, Crazy Puffs.

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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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Wegmans to Open 110,000-Square-Foot Grocery Store at Ballantyne Campus in Charlotte, North Carolina

Shopping Center

Charlotte, N.C. — Wegmans Food Markets Inc., a Rochester, New York-based grocer, plans to open a 110,000-square-foot store in Charlotte. Located along North Community House Road, the grocery store will be… The post Wegmans to Open 110,000-Square-Foot Grocery Store at Ballantyne Campus in Charlotte, North Carolina appeared first on Shopping Center Business.

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Ticketmaster To Face Justice Department Antitrust Lawsuit

Retail Wire

The company was widely criticized for dominating the ticketing industry.

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Matalan launches 17 new third-party brands and extends sizing options

Retail Gazette

Matalan is launching 17 new third-party brands across its site and extendi ng the range of sizes available across hundreds of lines. The fashion and home retailer said the move caters to consumers who increasingly want a seamless and hassle-free shopping experience, with all their favourite styles, brands , products and sizes available in one place.

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Stanley Brand president to lead Heydude

Retail Dive

Terence Reilly, who ushered the more than a century-old brand to viral success, is rejoining Crocs Inc., where he previously served as chief marketing officer.

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From Data to Decisions: Maximizing Retail Potential With AI

Discover how retailers are transforming data into actionable insights for growth. By leveraging data and analytics to their potential, retailers can enhance decision-making, improve customer experiences, and streamline operations to stay ahead of the competition. From Data to Decisions: Maximizing Retail Potential With AI, authored by Orium, commercetools, and Google Cloud, demonstrates how businesses can unify and activate data across the tech stack to achieve retail excellence and create growt

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In pictures: JD Sports opens global flagship on Champs-Élysées in Paris

Retail Gazette

JD Sports has unveiled its new global flagship store on the world-famous Avenue des Champs-Élysées in Paris. The sporting retailer said its new store will house the biggest brands and latest launches from JD ’s long-term brand partners including Nike, adidas, New Balance,Asics, The North Face and On Running , as well as featuring the brand’s latest innovations in digital technology and merchandising.

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Golf fashion moves into the mainstream

Retail Dive

A new line from Tiger Woods, LVMH's latest collaboration with Tyler, the Creator and indie brands are helping to bring the sport from performance wear to streetwear.

Fashion 106
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Unveiling Success in the Snacking Sector: Kellanova Canada’s Retail Revolution with Wiser

Wiser

In the dynamic world of Consumer Packaged Goods (CPG), embracing change and leveraging technology are not just strategies but essential for survival and growth. Kellanova Canada, rising from the legacy of Kellogg Canada, stands as a beacon of innovation, having navigated the challenges of a competitive market with remarkable agility and foresight. Our latest case study, “Kellanova Canada’s Journey to Retail Excellence: A Comprehensive Case Study,” offers an in-depth look into how thi

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Saks.com snags up to $60M in additional liquidity

Retail Dive

The infusion from Pathlight Capital and Bank of America will bolster the luxury online player’s financial position in a “challenging macro-environment.

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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