Thu.Oct 31, 2024

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Mobile Wallets: Unlocking a Powerful New Marketing Channel

Retail TouchPoints

Earlier this year, Google added compelling new features to Google Wallet to help consumers get more out of their mobile wallet passes. With this update , developers can send wallet notifications, letting consumers receive notifications about any updates to cards or passes stored in their mobile wallet. As Google shares, that might look like a notification from your favorite coffee shop on their new daily special or an update if your assigned seat on your boarding pass changes.

Marketing 246
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Amazon’s third quarter net income surges 54.5 per cent

Inside Retail

Amazon’s net income has surged on the back of higher third-quarter sales, breaking the trend of a modest slowdown with a stronger pace of growth than it delivered the previous quarter. The e-comme rce giant’s net income soared 54.5 per cent year on year to US$15.3 billion ($23.27 billion) as net sales rose 11 per cent to $158.9 billion ($241.6 billion).

Consumer 245
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Clarks Continues Roblox Reign with ‘Stranger Things’ Drop

Retail TouchPoints

Nearly 80 million users visit Roblox each day, seeing it as an invaluable platform for self-expression and identity exploration. As a result, brands are now using Roblox to create incremental revenue opportunities via “twinned” items for users’ physical and avatar selves: 43% of respondents to Roblox’s Digital Expression, Fashion & Beauty Trends report said they want brands to provide such “twinning” items.

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Target Kicks Off Black Friday Sales Earlier Than Ever Before

Retail Wire

It's time for holiday shopping, and Target is making gift-giving more affordable than ever.

Shopping 264
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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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David’s Bridal Says Yes to the Dress Again with New Resale Program

Retail TouchPoints

David’s Bridal has introduced Adored by David’s , a resale program that will be managed by Arrive Recommerce. Secondhand wedding, bridesmaid and special occasion dresses, along with accessories, will be available through a curated, dedicated online storefront at 40% to 50% savings. Arrive Recommerce will be responsible for receiving and inspecting inventory, assigning value and shipping items directly to customers.

Finance 243
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Amazon Gives Prime Members Early Access To See ‘Wicked’

Retail Wire

Via a partnership with Amazon Prime, "Wicked" fans can see the film four days earlier.

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More Trending

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Uber Exceeds Expectations With Strong Q3 Financial Results

Retail Wire

Uber reported third quarter 2024 results that were higher than Wall Street anticipated.

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Adidas Pilots New Contextual Commerce Ad Tool

Retail TouchPoints

Adidas will be the first retailer to utilize a new contextual commerce solution from media platform Teads , which will allow the sporting goods brand to offer tailored product ads to customers online based on factors such as price, stock levels and delivery options. The new Teads Contextual Commerce solution powered by Dynamic Product Ads (DPA) connects consumers with relevant products at key moments throughout their online shopping journey by delivering native ads that align with their behavior

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EBay Releases Third Quarter Earnings and Disappointing Q4 2024 Forecast

Retail Wire

EBay's fourth quarter might not be as strong as investors are hoping.

Shopping 248
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Miu Miu the hero as Prada Group’s retail sales soar over first nine months

Inside Retail

Despite the challenging trading environment, Prada Group ‘s retail sales increased across all its brands in the first nine months of the fiscal year. The group’s net revenue rose 17.5 per cent year over year to €3.83 billion (US$4.17 billion), with its retail net sales growing 18.3 per cent to €3.42 billion. Wholesale net sales climbed 8.6 per cent to €313.9 million, while royalties soared 23.7 per cent to €90.5 million.

Wholesale 130
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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eBay Brings the Nation’s Listings to London’s Busiest High Street

Retail Focus

Today, eBay announces the launch of “Listings in Lights,” an immersive display in the heart of London that promotes private selling and lets people shop pre-loved items across luxury, fashion, home, tech, and toys, from eBay sellers across the UK. Listings in Lights follows last month’s removal of selling fees for private sellers in the UK, making it free to sell across all categories except for motors.

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How Amazon is fending off competition by offering everyday essentials

Inside Retail

Amazon’s push to offer more everyday essentials like toothpaste is hurting its average selling prices, but it is also a guard against rivals such as Temu and Shein who offer rock-bottom prices on goods they ship from China. People are shopping more frequently at Amazon, adding more low-priced items with each checkout, Amazon said on Thursday, after it reported third-quarter revenue and profit that beat Wall Street expectations.

Shipping 130
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Hourglass Cosmetics opens world-exclusive beauty experience in Selfridges new Beauty Hall

Retail Focus

Hourglass is a global leader in luxury, cruelty-free beauty. Having garnered a reputation for reinventing luxury cosmetics through cutting-edge product innovation and artful product design; they set out to establish a new retail standard in this highly-competitive market. In collaboration with global retail design agency, Checkland Kindleysides , they created a one-of-a-kind cosmetics counter that would ‘own the room’ and leave consumers in no doubt of Hourglass’s market-leading expertise.

Consumer 130
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Harley Davidson collaborates with Champion on a limited-edition capsule

Inside Retail

Harley Davidson and Champion have collaborated on a limited-edition capsule that combines athletic comfort with heritage moto design. The Champion x Harley-Davidson line features sweatshirts, tees, and hats with modern silhouettes and large graphics. Each piece, according to the brands, combines strong durability with the comfort of sweats, providing a blend of bold style and everyday wearability. “Today, and through partnerships with like-minded brands such as Harley-Davidson, we are con

ATS 130
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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

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Starbucks Will Stop Charging Extra For Non-Dairy Milk

Retail Wire

The money-saving change takes place on Nov. 7, 2024.

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Back to Metcash: Scott Marshall to take the helm of Independent Hardware Group

Inside Retail

Metcash has appointed Scott Marshall as CEO of the Independent Hardware Group (IHG), effective November 20. Marshall succeeds Annette Walsh , who decided to step down after five years in the role. He worked with Metcash for more than 30 years before he took the role of CEO of Australia and New Zealand at Reece Group in July 2023. At Metcash, Marshall held senior leadership roles, including CEO of its food and liquor divisions. “Scott’s deep experience with Metcash, his demonstrated p

ATS 130
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Halloween Last-Minute Food Deals and Promotions

Retail Wire

With Halloween in full swing, many special promotions and deals are currently live. It's not too late to go out and get a spooky treat.

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Making customers happy isn’t just part of a transaction, it’s a never-ending responsibility

Retail Customer Experience

One of the first steps a leader should take to improve the customer experience is to commit to being a loyalty company, instead of a transaction company.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

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.

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Crumbl Cookies Halloween Flavors Available Until Early November

Retail Wire

Crumbl Cookies is enchanting customers during the week of Halloween with a special lineup of six themed flavors, available from Oct. 28 to Nov. 2, 2024.

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Dr Sam’s to open pop up at London’s Westfield White City to celebrate launch in Sephora UK

Retail Focus

Widely considered to be a beauty insider’s best-kept secret and known as being one of the country’s leading experts in skin having treated Oscar winners, A listers, models and the top beauty editors, Dr Sam Bunting is passionate about making expert skincare advice more accessible and believes in transformation stating ‘when you change your skin, you change your life.

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Chipotle Stock Plummets After Q3 2024 Earnings Fall Short

Retail Wire

Chipotle had a disappointing Q3.

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Apple beats profit expectations, despite declining China sales

Inside Retail

Apple’s AI-enhanced iPhone made a strong start, pushing quarterly sales ahead of Wall Street expectations, but a modest revenue forecast raised questions about whether that momentum will hold over the holiday sales season. A decline in China sales during the fourth quarter also concerned some analysts and investors, helping send shares down 1.4 per cent in after-hours trade, despite surprisingly large overall profit and revenue in that period.

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s

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WWE Superstar Slams Whataburger, Endorses In-N-Out Burger, in New ‘Burger Wars’

Retail Wire

In-N-Out Burger is emerging victorious over Whataburger.

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Akeneo welcomes Romain Fouache as CEO to elevate innovation and growth

Retail Focus

Akeneo , the Product Experience (PX) company, announces the appointment of Romain Fouache as its new CEO, effective 04 November, 2024. Fouache brings 22 years of experience in high-growth software businesses, previously serving as COO and CRO at Dataiku, the leading platform for everyday AI. His appointment marks a pivotal moment for Akeneo, aligning with the company’s accelerated global expansion and commitment to delivering innovative, AI-driven product solutions that engage consumers worldw

Returns 130
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Burger King’s Holiday Advent Calendar Features Over $100 in Gifts for Just $20

Retail Wire

Burger King has its own take on the popular holiday tradition.

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Walgreens to lay off over 250 people

Retail Dive

The decision regarding the support center roles follows a recent announcement that the pharmacy retailer plans to close 1,200 stores over the next three years.

Planning 113
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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

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Sainsbury’s sells Argos credit card portfolio in £720m deal

Retail Gazette

Sainsbury’s has agreed to sell its Argos credit card portfolio NewDay Group as it continues to offload its banking services. The deal with the credit firm is expected to be worth £720m, in line with the expected net value of loan balances at the end of the first quarter next year when the deal will complete. The supermarket chain said the portfolio supported 20% of Argos sales and are used by some two million customers to manage the cost of their purchases.

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A Peloton subscriber will be its next CEO

Retail Dive

Ford Executive Peter Stern has also held leadership roles at Apple — where he was co-founder of Apple Fitness+ — and Time Warner Cable.

ATS 111
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Watch: Sainsbury’s debuts BFG Christmas advert

Retail Gazette

Sainsbury’s has debuted its Christmas advert for 2024, starring beloved Roald Dahl character the BFG alongside its real-life supermarket worker, Sophie. The advert opens with the BFG slicing up an infamous “snozzcumber” from the children’s book, while he fantasises about tastier alternatives, such as “prawn coat-tails, beef welly-boot, wigs in blankets”.

Grocer 98
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Wayfair to close returns center in Kentucky

Retail Dive

Taking effect at the end of 2025, the move will also impact an outlet store at the same location as the company trims expenses.

Returns 102
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How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.