Fri.May 24, 2024

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Retail sales tumble after April washout

Retail Gazette

Retail sales have fallen once again as poor weather paired with a cost-of-living squeeze continues to dampen spending. The latest figures from the Office for National Statistics (ONS) show sales volumes fell by 2.3% in April, after a 0.2% drop in March, as poor weather led to a reduction in footfall across most retailers. However, on a three-month basis, volumes edged up 0.7% to the end of April when compared with the previous three months.

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What it takes for emerging designers to break into Australia’s fashion industry

Inside Retail

While established fashion brands are attempting to find solid ground in the current economic downturn, a new guard of Australian designers are trying to get their foot in the door. Fashion is an industry that worships breakthrough talent but gaining access to the necessary resources to innovate and disrupt is half the battle. Australian Fashion Week’s Next Gen runway spotlighted emerging brands Emily Watson, Potirakis, House of Campbell and Amy Lawrence as the industry’s next frontier.

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Waymo Safety Probe Turns Up More Incidents

Retail Wire

The National Highway Traffic Safety Administration (NHTSA) has uncovered nine additional incidents involving Waymo's self-driving vehicles, raising fresh concerns about their safety and performance. This development comes after the U.S. auto safety regulator initiated an investigation earlier this month following 22 reports of Waymo's robotaxis displaying potentially hazardous driving behavior.

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First Nations fashion design can be a powerful method of healing

Inside Retail

Aboriginal and Torres Strait Islander readers are advised that this article contains names, images and stories of deceased people. Around the world, fashion researchers, designers and artists are exploring the links between clothing, adornment and wellbeing. “ Enclothed cognition ” considers the psychology of clothing, and designers are exploring how to create garments to heal the wearer.

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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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Federal Watchdog Institutes Consumer Protections for BNPL Purchases

Retail TouchPoints

The Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule confirming that buy now, pay later (BNPL) lenders are in essence credit card providers, meaning they will be required to provide consumers with legal protections and rights, including in cases of disputed charges and issuing refunds. BNPL is “often used as a close substitute for conventional credit cards,” according to a CFPB press release.

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Google To Invest $350 Million in India’s Flipkart

Retail Wire

In a strategic move poised to shake up the Indian e-commerce landscape, Alphabet's Google is set to acquire a minority stake in Flipkart, the Walmart-backed retail giant.

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More Trending

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Guardant’s Blood Test for Colorectal Cancer Gets FDA Adviser Approval

Retail Wire

Guardant received support in a 7-to-2 vote.

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Droopy Dog or Contagious Cat? Call New Walmart+ Telehealth Vet Service

Retail TouchPoints

Walmart+ has added a new membership benefit designed to appeal to the more than 75% of its members who are pet owners: 24/7 veterinary telehealth services offered in partnership with Pawp. The retailer piloted the offering last year and it became the loyalty program’s most successful limited-time offer of 2023. Key features of Pawp for Walmart+ members include: Free pet telehealth service, saving members $99 annually on the cost of a standalone Pawp membership; Expert support from a team includi

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Prepping for growth: Rowing Blazers’ new CEO is just the beginning

Inside Retail

Last week, the preppy US-based lifestyle and apparel brand Rowing Blazers appointed Laura Willensky as its new chief executive officer. Before her appointment at Rowing Blazers, Willensky held key leadership positions at J.Crew, Victoria’s Secret Beauty, Talbots, and Away. In the early stages of her career, Willensky helped lead Madewell and children’s brand Janie & Jack from inception and brand launch to profitability and national recognition.

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Blue Bird Workers Ratify First Union Contract in Georgia

Retail Wire

In a significant milestone for labor relations in the Deep South, workers at Georgia-based school bus manufacturer Blue Bird Corp. have ratified their first union contract.

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From Concept to Deployment: Building Commerce Storefronts with Composable UI

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Decker Brands’ net sales up on record Hoka, Ugg revenue

Inside Retail

Deckers Brands saw net sales surge to a new record last fiscal year as consumers embraced the company’s leading Hoka and Ugg brands. Net sales soared 18.2 per cent to $4.29 billion with direct-to-consumer sales up 26.5 per cent to $1.86 billion and wholesale sales jumping 12.6 per cent to $2.43 billion. Hoka’s sales increased 27.9 per cent to $1.81 billion while Ugg’s climbed 16.1 per cent to $2.24 billion.

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Netflix’s Latest Engagement Report Shows a Drop in Viewership for Its Top Series and Movies

Retail Wire

While Netflix continues to produce popular content, the success of its hits varies widely, according to the latest engagement report.

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Morrisons braces for disruption as warehouse staff strike to protect their pensions

Retail Gazette

Morrisons has warned of disruptions as nearly 1,000 warehouse workers walk out for the next three days in a dispute over pensions. Employees at the supermarket’s Gadbrook in Cheshire and Wakefield in West Yorkshire distribution centres, who have begun the first of two strikes, claim the cut in company contributions to their pensions is worth up to £10m a year.

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Gas Prices Go Down During Memorial Day Weekend

Retail Wire

As Memorial Day weekend approaches, gas prices are dipping slightly, offering some relief to millions of travelers.

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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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Ted Baker: US stores and website close following UK collapse

Retail Gazette

Ted Baker has closed its North-American shops and website amid the embattled chain’s collapse into administration. It has been reported that 31 of the fashion retailer’s US sites and nine of its Canada shops are shutting, while shoppers across both regions can also no longer use Ted Baker’s website, according to Fashion Network. Speaking to Drapers , Ted Baker parent company Authentic Brands Group said: “We are close to finalising agreements with new partners to operate T

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Southwest Airlines Will Now Appear in Google Flights Searches

Retail Wire

Passengers can find flights for the popular airline on the Google Flights search aggregator.

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Korea Promotes SMEs' Global Expansion

LS Retail

©iStock/CHALLA The chiefs of Korea’s largest business groups gathered with President Yoon Suk Yeol to garner support for small- and medium-sized enterprises (SMEs) in their overseas expansion efforts in an annual meeting on Thursday. President Yoon presided over this year’s conference of SMEs held on the front lawn of the presidential office in central Seoul, joined by Samsung Electronics Chairman Lee Jae-yong, LG Group Chairman Koo Kwang-mo and Hanwha Group Vice Chairman Kim Dong-kwan.

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Burger King To Launch $5 Meal Ahead of McDonald’s Same-Price Combo

Retail Wire

It's the battle of the fast-food giants as both companies launch low-cost deals.

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Get MACH Ready with Orium, Commercetools, and Contentstack

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Cisco Meraki Secures the Postman “Best API Award”

Cisco Retail

Meraki APIs allow businesses to automate repetitive and time-consuming tasks, and configure and deploy networks quickly at a scale. Developrs can leverage API operations to retrieve performance metrics, monitor network health, analyze traffic data and create custom reports to gain insights into the network usage.

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Coca-Cola Invests $330M in New Birmingham, Alabama Campus

Retail Wire

The Coca-Cola Company will complete the campus in three years.

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Target adds 1K summer items in affordability push

Retail Dive

In an attempt to draw in budget-sensitive shoppers, product prices start at $1 and more than half of the assortment is less than $15.

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Canva Unveils New Enterprise Product Aimed At Large Organizations

Retail Wire

Canva has introduced its latest offering, an enterprise version designed specifically to meet the requirements of large organizations.

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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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VF names new CFO, still feels revenue slump as it considers selling assets

Retail Dive

Declining performance of the Vans brand continued to weigh on the apparel and footwear conglomerate’s Q4 earnings despite various transformation programs.

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Aldi ‘hammers down on prices’ as it slashes cost of fruit and veg

Retail Gazette

Aldi has reduces prices on over 45 fruit and vegetable products as it continues its commitment to ensuring “shoppers make significant savings every time they shop” From today (24 May) customers at the German dscounter will see lower prices on items including berries, oranges, tomatoes and its fresh salad range. Produce such as avocados and peppers are also included in the latest price reductions, with prices dropping by an average of around 11%.

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Ollie’s wins bankruptcy bid for 11 former 99 Cents Only Stores

Retail Dive

The acquisition of the Texas stores appear to support Ollie's plans to expand its brick and mortar footprint.

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Retail sales fell 2.3% in April with clothing and furniture impacted by poor weather, ONS reports

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Retail sales volumes (quantity bought) fell by 2.3% in April 2024, following a fall of 0.2% in March 2024 (revised from 0.0%), the latest figures from the Office for National Statistics (ONS) reveal. Sales volumes fell across most sectors, with clothing retailers, sports equipment, games and toys stores, and furniture stores doing badly as poor […]

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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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Wilson signs WNBA rookie Caitlin Clark

Retail Dive

As part of the deal, the sporting goods brand will partner with the athlete on a signature basketball line celebrating her legacy.

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Myprotein launches into 1,200 Boots stores nationwide

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Myprotein, the leading online sports nutrition brand, announces the launch of nearly 80 products at Boots, the UK’s leading health and beauty retailer, across 1,200 stores nationwide. Boots’ new in-store range includes an array of products across Myprotein and its family brands, Myvegan and Myvitamins.

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Rothy’s launches on Amazon

Retail Dive

The sustainable shoe brand is adding its signature products to the online retailer as it looks to broaden its reach.

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John Lewis launches biggest multi-brand menswear rental platform on the UK high street

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! John Lewis has launched the biggest range of menswear brands available to rent on the high street with the likes of BOSS Tailoring, Charles Tyrwhitt and new brand Hay Life among others. This comes after the huge success of our womenswear rental platform launched in 2022.

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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