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The shopping mall’s identity crisis has been an oft-discussed topic in the retail industry. Even beforethe pandemic, the narrative focused on how malls were navigating the rise in online shopping and the associated fall in foot traffic. During the pandemic, focus shifted to ways shopping malls were attempting to make shopping faster, easier and safer for consumers with curbside services offerings and other omnichannel capabilities.
Discount retailer The Reject Shop says consumers are gravitating towards low-priced consumables due to inflation. During the company’s trading first half, sales grew 3.5 per cent to $439.7 million while comparable store sales were up 2.4 per cent compared to the previous period. Tax-paid profit grew 6.2 per cent to $16.3 million while EBIT reached $26.8 million, up 7.8 per cent.
Walmart CEO Doug McMillon wants the retailer to do its part in fighting inflation by keeping prices on its private label products down, according to CNBC. McMillon told Jim Cramer, host of the business channel’s Mad Money , that the company is “not participating in a recession if there is one.” Additionally, McMillon would like Walmart’s brand partners and suppliers to “step forward” and lower prices on their own, but whether they do or don’t he wants “to play a role in helping get prices down.
One of the most important goals for any grocer is to increase sales. In this article, we’ve asked 4 world-renowned retail experts a simple, yet challenging question: How to increase sales in grocery stores?
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.
Headless ecommerce and low-code application development are two increasingly advantageous technology frameworks — and they’re on a collision course for retailers. Headless ecommerce architecture — enabling retail brands to decouple the front-end and back-end of their ecommerce platforms — allows new customer-facing features to be implemented far more quickly and flexibly than legacy processes.
With many retailers facing a slowdown in customer demand and spending, there is a risk that staff will face more challenging workplace conditions as management looks to reduce expenses. Successive interest rate hikes have exacerbated cost of living pressures, as indicated by the half-year results of brands such as Temple & Webster and City Chic , which are potentially feeling the brunt of inflationary economic conditions, and a more discerning customer base seeking trade-offs and cutbacks.
Target will expand its next-day delivery capabilities by investing $100 million in its sortation center network to open six additional facilities by 2026. The retailer is aiming to operate more than 15 sortation centers across the country to enable flexible and efficient last mile options that build on its store-as-hub strategy. Each sortation center can retrieve packages from 30 to 40 local stores.
Target will expand its next-day delivery capabilities by investing $100 million in its sortation center network to open six additional facilities by 2026. The retailer is aiming to operate more than 15 sortation centers across the country to enable flexible and efficient last mile options that build on its store-as-hub strategy. Each sortation center can retrieve packages from 30 to 40 local stores.
Following the Reserve Bank of Australia’s ninth consecutive cash rate rise announced last week, and the signal that more are to come, it’s clear that the pain felt by consumers and businesses alike is going to continue late into 2023. At this week’s ARA Leader’s Forum, MST Marquee’s Craig Woolford signalled that the effects of such high rate rises are likely to be felt in the retail industry for years to come, as customers change their shopping habits to deal with increased costs in every
Dick’s Sporting Goods has agreed to acquire outdoor retailer Moosejaw from Walmart for an undisclosed amount. The deal is expected to close in March 2023. The acquisition expands Dick’s outdoor portfolio — currently led by Public Lands , which Dick’s launched in 2021 — and reaffirms the retailer’s “commitment to the long-term business opportunity in the growing multibillion-dollar outdoor category,” the company said in a statement.
Westfield mall owner Scentre Group has reported a 20.8 per cent lift in operating profit in its full-year results. For the year to December 31, funds from operations (FFO) grew 20.6 per cent to $1.04 billion while EBIT reached $1.7 billion and an operating profit $1 billion. Scentre’s business partners – or tenants – achieved combined turnover of $26.7 billion for the year, up 21 per cent compared to the same period a year earlier, when Covid-19 restrictions impacted trading hours.
To honor the debut of the fourth iteration of its Tank Watch, Cartier teamed up with Snap to create a special AR lens designed to offer an immersive look at the history of the iconic timepiece. The Snap lens takes users back in time to 1917 when the first iteration of the Tank Watch was released. With Snap AR overlaid onto an image of the Alexandre III bridge in Paris, users can view the world as it appeared 106 years ago, then travel through time to the same location in other important years in
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
Online fashion marketplace The Iconic has dissolved 69 staff roles, equivalent to 6 per cent of its workforce. All of the roles are at the head office level and some of the impacted staff may be redeployed to other parts of the business. “Our people have been our biggest priority throughout this process,” a spokesperson for The Iconic told Inside Retail today.
Amazon.com has acquired One Medical primary care clinics in more than 20 U.S. markets after the Federal Trade Commission said it would not challenge the deal. Amazon said that it would discount One Medical’s annual membership to $144 from $199 for new customers, whether or not they are Prime members.
The fashion industry has been a leader in adopting new technologies and circular-economy initiatives in recent years. Heritage and luxury brands such as Burberry, Gucci, and Tommy Hilfiger have sought new channels to engage a youthful audience. During the pandemic, direct-to-consumer e-commerce brands took centre stage, including popular Australian activewear brand LSKD.
Large restaurant chains and neighborhood eateries are trying out subscription services in an effort to retain customers and secure a regular stream of revenues. Services frequently include free delivery and other perks. Subscribers to Panera’s program receive unlimited hot and cold drinks for $11.99 per month or $119.99 per year. Annual subscribers also get free delivery.
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.
Datalogic , a global leader in the automatic data capture and factory automation markets, is excited to announce the release of the new Magellan 9600i and 9900i Multi-Plane (Bioptic) Scanner platform for retail check-out. The Magellan portfolio brings fresh styling, rugged design, unmatched scanning performance plus options that enable Artificial Intelligence (AI) at the checkout.
Fast Retailing’s Uniqlo business made its U.S. debut in 2005 and has grown to 61 stores in the States. The chain is now looking to accelerate its expansion with the goal of having 200 U.S. locations in operation within four years.
Walmart CEO Doug McMillon said that he believes the retailer can help bring inflation down as it keeps a lid on the prices of its private labels and works with brand suppliers to get them to do the same. “Over time, the market works,” Mr. McMillon said. “We believe branded manufacturers and all of our suppliers of all types will have to respond to that market in time.
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.
2020 and 2021 saw a whirlwind of changes in retail spending habits amongst shoppers. In 2020, consumers took time to adapt to the changes brought about by the pandemic, slowing. The post How Consumers are Responding to Inflation in 2023 appeared first on Blog.
Amazon Web Services is expanding a partnership with Hugging Face, an artificial intelligence startup that is developing a chat rival to OpenAI’s ChatGPT. AWS has more than 100,000 customers running AI applications in its cloud, according to Swami Sivasubramanian, vice president of database, analytics and machine learning at the Amazon division.
The line was created using research and insights from over 6,500 medical professionals, and the DTC brand will be donating sets as part of the release.
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.
Howard Schultz, interim CEO of Starbucks, thinks that the company’s new Oleato beverage line that mixes olive oil with coffee will be a hit. The line, which includes a latte with oat milk, an ice-shaken espresso with oat milk and a golden foam cold brew, will go on sale next month in Italy before expanding to Japan, the Middle East and the UK later this year.
TJX Cos. is forecasting that its margins will be under pressure as supply chain and labor costs remain high. The company, which owns HomeGoods, Marshalls and T.J. Maxx, reported better-than-expected results in the fourth quarter with net sales rising five percent.
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.
Bath & Body Works named Steve Voskuil, CFO at The Hershey Company, to its board of directors after bowing to pressure from an activist investor, Third Point, which holds a six percent stake in the retailer.
By Brent Dawkins FTZs are one of the oldest tricks in the book. Brought about with the Foreign-Trade Zone act in 1934, savvy companies have been saving money on duties, tariffs, merchandise processing fees (MPF) and more for nearly a century. However, countless companies have avoided FTZs due to government complications. Like any government program, FTZ management brings lots of paperwork and regulations.
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.
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