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Nearly every major retailer has embraced consumer demands for quick and easy delivery. In fact, experts predict that online food delivery alone will become a $32 billion industry by 2024. The rise of delivery services has made it easier for consumers to get purchases more quickly and for retailers to offer these services more widely. From the convenience of same- or one-day shipping provided by large online marketplaces to the luxury of having groceries or dinner delivered to your front door, th
Matthew Marshall has been appointed CEO of Retail Food Group (RFG), effective July 1. As head of retail with the group, Marshall was instrumental in implementing the business’ franchisee-first and customer-centric values and strategy and has been internally promoted from his current position as the head of retail, the company said. Matthew Marshall.
As the pandemic fades and the thermometer climbs, more and more people want to get out and find an escape from the pressures of inflation — and outdoor spaces are positioned to provide great, flexible experiences that can fill the bill. “ Suburban, open-air retail is being transformed as the way we work has been reshaped ,” said Ward Kampf, President of Northwood Retail in an interview with Retail TouchPoints.
RedMart by Lazada, Singapore’s first fully digital grocer, recently released the findings of its latest research into Singaporean grocery shopping and restocking habits. Among the highlights, it revealed that eight out of 10 Singaporeans still prefer shopping online for groceries, even in post-pandemic times. According to Damien Schricke, head of RedMart and grocery at Lazada Singapore, the preference accelerated during the pandemic and has remained since.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Overstock.com has reportedly placed a $21.5 million stalking horse bid for some of Bed Bath & Beyond ’s assets, including its intellectual property, according to court documents seen by CNBC. Overstock is seeking to purchase the bankrupt retailer’s internet and mobile properties as well as all business data, but the offer doesn’t include Bed Bath & Beyond’s or BuyBuy Baby ’s physical locations.
Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security. Southeast Asia, a region with a collective population of 630 million – half of them under 30 – is one of TikTok’s biggest markets in terms of user numbers.
Footwear and accessories brand Novo Shoes has returned to Canberra, opening two locations in Woden and Belconnen. Six years after it left the market, the brand debuted its Woden store last month and will open its second location this Friday. According to the business, Canberra’s rising population and strong fashion scene made it necessary for Novo Shoes to have a presence in the region. “Previously, we had successful stores in Belconnen and Woden, both with proven track records,&#
Six Stories , the cult fashion brand renowned for its contemporary bridal wear and accessories, is captivating brides-to-be worldwide with its empowering philosophy and stunning collections. Founded in 2019 by childhood sweethearts Lucy Menghini and Ross Menghini, Six Stories has become a celebrated name in the bridal fashion industry, capturing the hearts of brides who seek elegance, individuality, and unforgettable experiences.
Shippers adjusted to pandemic-related disruptions to reach customers faster. But shifting shopper preferences and cost-cutting efforts may slow things down.
The final shape of LVMH’s likely Olympics sponsorship rests on Antoine Arnault, one of LVMH Chairman and CEO Bernard Arnault’s five children and heirs, in a high-profile deal that could test the 46-year old’s marketing prowess. All of Bernard Arnault’s five children hold important positions in LVMH, with each closely watched for any sign of pulling ahead of others to one day succeed the 74-year old CEO, who has not indicated he plans to step down any time soon.
AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran
Fanatics hosted more than 100 institutional investors at the NBA Players Association headquarters to have CEO Michael answer questions about the company that holds exclusive licensing deals with NFL, NHL, NBA, MLB, and colleges and universities. Another 300 people attended the meeting remotely. Fanatics is moving towards an initial public offering.
Ikea is continuing its march around the world with the furniture and homewares brand recently beginning construction on its hotly anticipated New Zealand store. Announced in 2019 , the 34,000sqm store will be located at Sylvia Park in Auckland. Accompanied by an e-commerce platform, it is set to open its doors to the public in 2025. Ikea Group’s expansion manager Fabian Winterbine told Inside Retail that New Zealand has been considered something of a “missing piece” for many years.
Over the past several years, sustainability has become a firm focus for consumers, industry and government alike, as people increasingly contemplate the social and environmental impact of not only their purchases but also their actions more broadly. Each of these parties – consumer, industry and government – has a distinct role to play in the journey towards sustainability, and needs to work in tandem in order to move the sustainability agenda forwards.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
In a letter to CEO Brian Cornell, New York Attorney General Letitia James and 14 lawmakers urged “courage” in the face of rising attacks against LGBTQ+ rights.
The final shape of LVMH’s likely Olympics sponsorship rests on Antoine Arnault, one of LVMH Chairman and CEO Bernard Arnault’s five children and heirs, in a high-profile deal that could test the 46-year old’s marketing prowess. All of Bernard Arnault’s five children hold important positions in LVMH, with each closely watched for any sign of pulling ahead of others to one day succeed the 74-year old CEO, who has not indicated he plans to step down any time soon.
Taco Bell customers who have reached Fire! Tier status in the chain’s loyalty program will be able to buy the Taco Bell x Crocs limited-edition Mellow Slide a week ahead of everyone else. The shoes are expected to sell for $60.
Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.
The functional beverage brand, created by Lively founder Michelle Cordeiro Grant, turned to individual investors for the funds instead of established firms.
Taco Bell customers who have reached Fire! Tier status in the chain’s loyalty program will be able to buy the Taco Bell x Crocs limited-edition Mellow Slide a week ahead of everyone else. The shoes are expected to sell for $60.
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Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
The National Labor Relations Board issued a ruling that broadens the definition of who should be classified as an employee. The ruling overturns a previous ruling that identified workers as contractors mainly based on the “entrepreneurial opportunity” associated with the work being done.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Ahold Delhaize CEO Frans Muller said the grocery giant is “roughly half” the way toward its goal for ad sales revenue on its retail media networks. “What we generate on retail media revenue, we will reinvest in our business to make sure that consumers can afford themselves healthy and sustainable products,” Mr. Muller said.
Recently, we’ve seen lots of activity and announcements around multicloud security – particularly network security (or the expanded view – secure cloud networking ).
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Why have so many retailers, both large and medium, moved into retail media in the last three years? Bernd Bube, founder and CEO of ADvendio, explores how the advent of media networks is redefining retailers’ advertising plays With eMarketer predicting that US digital advertising will be worth more than $52billion in 2023, McKinsey also estimates that 80%
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