This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Meta is testing a promotional ads capability, with the goal of making it easier for shoppers to discover, manage and apply digital promotions to their purchases as well as expanding the number of options for its lead ads product. Meta has found that 85% of shoppers actively seek out promotions and other offers before making a purchase, and the new promotional ads format aims to make it easier to help them find deals while enabling retailers to complete more sales.
Premium home fragrance retailer Dusk Group says an “increasingly cautious consumer environment” has impacted sales growth. In a trading update citing unaudited accounts, the business said it expects sales to be in the range of $135 million – $137 million while pro forma EBIT will be around $16 million – $17 million. Group CEO and MD, Peter King, said the mounting cost of living has impacted the disposable income levels of customers.
Zeropark offers commerce media solutions, targeted at retail brands and agencies looking to drive incremental performance and efficient sales with sustainable, cookieless and 100% brand-safe advertising. The solution provider aims to streamline high-intent consumers toward promoted brands by creating shoppable opportunities during the key moments of their buying journey.
Pizza Capers founder Anthony Russo built something of a franchising empire over the years. Starting with one restaurant in Kenmore, he developed the business to over 120 international locations, before selling to the Retail Food Group for $30 million in 2012. Coming out of retirement, he has joined Gnocchi Gnocchi Brothers founders Ben Cleary-Corradini and Theo Roduner, and entered the business as “gnocchi whisperer” and hands-on investor.
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.
Touchland was founded on the belief that common acts of personal care should feel luxurious, not like necessary chores. Thanks to its core product — stylishly packaged, “beauty forward” hand sanitizers crafted in partnership with the well-known Givaudan perfume house — the brand achieved a $60+ average order value (AOV) from its inception in 2018.
This week, Afterpay Australian Fashion Week saw fashion designers and brands descend on Sydney’s Carriageworks to showcase, and define, what’s next for the industry. Between changing customer behaviours, shifting work behaviours and changing ethical expectations, there is a lot of work for the industry to do as it enters its next era. That said, major industry players are not backing away from the challenge.
While retail sales may currently be bouncing back at a rate faster than predicted — increasing by 1.2% between January and February of 2023 — they are still some way behind the comparative period of 2021. To continue on a positive trajectory, the retail sector must focus on the growth being driven by consumers’ continued adoption of online shopping.
While retail sales may currently be bouncing back at a rate faster than predicted — increasing by 1.2% between January and February of 2023 — they are still some way behind the comparative period of 2021. To continue on a positive trajectory, the retail sector must focus on the growth being driven by consumers’ continued adoption of online shopping.
Shopping centres are so much more than a place to purchase a new outfit or a loved one’s birthday gift. In recent years, they’ve become an exciting social hub that serves in strengthening communities and shaping urban areas. Online shopping continues to grow even post-pandemic, meaning it’s never been more important that these complexes continue to differentiate themselves from online retailers, cementing their place in society.
SHEIN has officially launched its Europe, Middle East and Africa (EMEA) headquarters in Dublin City Centre, Ireland and is planning to host approximately 30 pop-up store events across the region this year to boost its profile with customers. The news comes as fellow Asia-based discount shopping app Temu picks up steam in the U.S., where monthly active users of Temu surpassed SHEIN for the first time in April 2023, according to Sensor Tower.
Vivy Yusof is the co-founder of FV Group, an omnichannel retailer that specialises in modest fashion. Under the group, there are two brands, Duck and Lilit. Duck is a premium modest fashion brand that offers an array of apparel, scarves, bags and halal cosmetics. To date, the brand has sold over three million scarves, and it prides itself on its unique collaborations with global brands like Disney, Mattel, Hasbro, Marvel, Sephora, Starbucks, Baskin Robbins and many more.
Just nine months after taking on the dual role of Chief Financial Officer and Chief Operating Officer at Torrid , Tim Martin has resigned “to pursue other opportunities,” effective May 26, 2023. His responsibilities will be handled by other executives at the apparel, intimates and accessories retailer. Paula Dempsey, SVP of Finance and Investor Relations, will take on the role of interim CFO until a permanent successor is named.
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
Walmart and T a rget both navigated the uncertain currents of first fiscal quarter of 2023, but their differing results point to still more turmoil ahead. Walmart reported a 7.6% sales increase for its Q1 2024, which ended April 30, and raised its full-year guidance to 3.5% in response. Target saw just 0.5% sales growth for its Q1 2023, which ended April 29, leading it to maintain its projection of a low-single digit sales decline for the year.
As footfall recovers, retailers are upping their game to win over the hearts and minds of shoppers by offering more luxurious shopping experiences. While some may have suspected bricks and mortar retail would struggle in a time of low growth and high inflation, the luxury sector is proving the opposite is true. In fact, the latest figures from Bain & Company reveal that people are increasingly keen to enjoy upscaled retail experiences.
British luxury fashion group Burberry has reported US$3.72 billion in revenue for the year to April 1, with Q4 comparable store sales surging 16 per cent, according to its preliminary results. “We have delivered a strong financial performance, supported by good progress in our core leather goods and outerwear categories, with revenue accelerating in the fourth quarter as growth rebounded in Mainland China,” said Jonathan Akeroyd, CEO of Burberry.
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.
Quest Diagnostics screened more than six million job seekers for marijuana last year with 4.3 percent coming back positive, up from 3.9 percent in 2021. That’s the highest positivity rate since 1997. More than two-thirds of states have legalized marijuana for medicinal or recreational use and fewer employers now screen for the drug.
Toys “R” Us CEO steps back Rakshnna Pattabiraman The Group CEO and MD of Toys ‘R’ Us Louis Mittoni has resigned but will continue to assist the company during the coming six months as it seeks a replacement. Mittoni is the largest shareholder in the ASX-listed company and will remain on the board as an executive director while serving out his notice period.
Walgreens has reached a $230 million deal with San Francisco to settle a lawsuit that blamed it for “substantially contributing” to the opioid crisis in the city. The drugstore chain said the settlement was not an admission of wrongdoing.
No matter how established you are, the thought of standing at the front of the room to speak to your colleagues or clients is enough to drive even the most hardened professional to reconsider their life choices. The fear, the nervousness, the excitement. What if something goes wrong? What if it goes right! It’s all about the fear factor Having taught presentation skills to the corporate market for the last 20 years, one of the most common questions people come up with is how do they get their mi
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.
Shein is opening a pop-up store inside The Venetian Resort in Las Vegas. The pop-up, which will operate from 11 to six on May 25 to May 28, will feature Shein’s Icon, Bae and Curve brands, among others. Shein hosted a pop-up last year at Resorts World Las Vegas.
The administrators of Jenny Craig’s Australian and New Zealand subsidiaries say they are in negotiations with several parties interested in buying the business. In an update to creditors regarding the sale process, administrator Vaughan Strawbridge of FTI Consulting, said the sale process is well progressed. “We are working with a number of parties who are interested in taking the businesses forward.
Walmart posted a 7.4 percent gain in U.S. same-store sales, well above the 5.1 percent gain expected by Wall Street. The company also lifted its annual earnings guidance from $6.10 to $6.20 per share, up from $5.95 to $6.05. “It’s a great time to be a merchant,” said Walmart CEO Doug McMillon.
It’s no secret that redundancies have been occurring across tech, retail and e-commerce recently – see Catch , Milkrun and The Iconic. Unfortunately, this is nothing new. More than one in four Australians (26 per cent) have had their role made redundant at some point in their working lives. Various reasons for this can be cited, including concerns about the economic outlook, shifts in business priorities and the need to reduce ongoing costs.
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.
Montana became the first state in the nation to ban TikTok from operating within its borders. The ban, which will take effect on Jan. 1, prohibits app stores from offering the app in the state. The ban is expected to face legal challenges.
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! John Lewis and The Floor Room have announced an exclusive partnership, to create an exciting new fitted flooring offer across the retailer’s department stores and online. Under the agreement, the flooring specialist will take over responsibility for all of John Lewis’ fitted flooring, from customer consultation to installation.
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.
Gaithersburg, Md. — WRS Real Estate Investments has successfully rezoned a 100-acre site in Gaithersburg that houses Lakeforest Mall. The Gaithersburg City Council approved the rezoning of the site for mixed-use as well as a sketch plan of the future… The post WRS Rezones 100 Acres at Lakeforest Mall in Gaithersburg, Maryland for Mixed-Use Village appeared first on Shopping Center Business.
What is Loss Leader Pricing, & Why do Retailers Implement it? Loss Leader pricing is a pricing strategy in which a company intentionally offers a product or service at a. The post Implementing an Effective Loss Leader Pricing Strategy appeared first on Blog.
When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content