Thu.Sep 26, 2024

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Impact of Cybersports Tournaments on Retail Experience

Retail Focus

The online landscape has numerous activities aimed at keeping users engaged and entertained. These events are held occasionally and attract tons of crowds from different parts of the globe. So, whether you prefer the Valorant eSports tournaments or are a fan of Call of Duty (CoD), there are numerous options available for you to explore. The interesting part is that these tournaments are not only entertaining but also profitable.

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Ports on the Brink: USMX Strike Threatens America’s Cargo Lifeline

Retail Wire

Dockworkers across ports from Maine to Texas are poised to strike early Tuesday, threatening what could be one of the most economically disruptive labor actions in decades.

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More Australians lose trust in supermarket pricing, ACCC says

Inside Retail

Many Australians have lost trust in supermarket pricing, with more consumers now comparing prices between stores before making a purchase. The Australian Competition and Consumer Commission’s (ACCC) interim report for supermarkets inquiry revealed that almost 50 per cent of consumers now ‘often’ or ‘always’ compare prices before shopping, a significant increase from 17 per cent found by the watchdog’s 2008 Grocery Inquiry.

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Carl’s Jr. Introduces ‘Ghost Burger’ for Those Who Have Been Ghosted

Retail Wire

Carl's Jr. is honoring all who have been ghosted or who have ghosted someone by introducing a "Ghost Burger" for a limited time at all locations.

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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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Bridgestone marks 200 store milestone in Werribee

Inside Retail

Bridgestone Select Tyre & Auto has opened a new store in Werribee, Victoria, taking its nationwide store count to 200. The new store is in a franchise agreement with Marco Licalsi. “Australians trust Bridgestone more than any other tyre brand, they set the standard in our industry and importantly, I’ve always been a fan of their product,” said Licalsi.

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Big Lots Looks to Bolster Lagging Sales with New Affiliate Program

Retail TouchPoints

Big Lots is moving full steam ahead despite its recent bankruptcy filing and sale. In addition to bringing back its “Black Friday Fridays” weekly holiday deals , the retailer is launching a new affiliate program to “build on its organic and grassroots popularity with bargain-savvy creators and publishers on social media and beyond.” Big Lots Fights its Way Back Big Lots has struggled to find its footing since the pandemic, with recent factors such as high inflation and interest rates continuing

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More Trending

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Does Your Retail Fraud Problem Start with Account Creation?

Retail TouchPoints

New account fraud is surging, and despite the conventional wisdom that this type of fraud is mostly a problem for banks, retailers are in the crosshairs too. Due to AI tools that make it easier for criminals to synthesize identities from stolen customer data and manage them, banks and commerce are expected to lose close to $5 billion this year to this type of fraud.

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Endeavour Group CEO, MD Steve Donohue resigns after 30-year tenure

Inside Retail

Endeavour Group CEO and MD Steve Donohue has decided to step down after more than six years in the role and 30 years with the business. “Mr Donohue and the board have determined now is the right time for a new leader to take the group in its next phase of growth,” Endeavour said in a statement to the ASX. Donohue will remain in the position as the company progresses in its search for the new executive, to assist with the transition.

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Southwest Airlines Launches ‘Even Better’ Transformation Plan, Adds Board Member

Retail Wire

Southwest Airlines announced its three-year transformation plan "Southwest. Even Better." at its Investor Day briefing in Dallas.

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Nike’s cautionary tale: When a D2C pivot goes awry

Inside Retail

In the last five years, a bevy of brands including Nike, Levi’s, Crocs and Under Armour have turned their attention to their consumers as they looked to cut out the middleman. And it’s little wonder given that in the US alone, direct-to-consumer (D2C) e-commerce sales are expected to grow 16.4 per cent to reach US$197.11 billion this year. But pivoting an established brand to D2C is not without its challenges, as Nike can attest.

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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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FTC’s Operation AI Comply Accuses Ascend Ecom of Misleading Users

Retail Wire

The FTC's Operation AI Comply is cracking down on AI developers that reportedly use technology to deceive consumers.

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H&M’s sales drop after cold weather affected key markets

Inside Retail

H&M Group has booked lower sales in the fiscal third quarter amid cold weather in many key European markets. The fashion retailer’s sales fell 3 per cent to SEK59.01 billion (US$5.82 billion) and net profit dropped 30 per cent to SEK2.31 billion in the three months ended August 31. “Despite a challenging start, we are concluding the third quarter with sales on par with last year in local currencies and with good cost control,” said Daniel Erver, CEO of H&M.

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Saks Delves into a New Luxury Category — Fine Art

Retail TouchPoints

Saks Fifth Avenue has introduced a new category to its stores and online offerings — a collection of more than 100 limited-edition contemporary print works from notable artists. Saks hopes to establish itself as “a destination for fine art,” with a “distinctive offering” that complements the lifestyle of the luxury consumer, said the company in a release.

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Answers Pet Food Recall Over Possible Salmonella, Listeria Contamination

Retail Wire

Samples of two Answers Pet Food products tested positive for Salmonella and Listeria.

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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.

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Leading Civil Rights Groups Call on Fortune 1000 Businesses to Embrace DEI

Retail TouchPoints

Nearly 20 civil rights groups, including the NAACP, the Human Rights Campaign (HRC), the League of United Latin American Citizens (LULAC) and the American Association of People with Disabilities have issued a strongly worded open letter to Fortune 1000 businesses, calling on them to support diversity, equity and inclusion (DEI) principles and practices.

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Manoosh pizza chain gets new look as Ooshman

Inside Retail

The 18-store Manoosh pizza chain recently rebranded as Ooshman, unveiling a new colour logo, colour scheme and store design. Founder Charlie Hoyek said the rebrand stemmed from the word Manoosh being adopted by other independent bakeries. “The new name was selected from an online poll we did with our customers, to name our mascot in our logo. We thought it was a fantastic idea as the word Manoosh got flipped to Ooshman.

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DoorDash Debuts Commerce Platform, Mobile App Support for Merchants

Retail TouchPoints

Continuing its mission shift toward becoming the “local commerce app,” DoorDash has introduced a suite of new products designed to help merchants manage and grow their businesses: The DoorDash Commerce Platform , designed for both online and in-store businesses; Online Ordering Mobile Apps , providing merchants with the ability to create their own branded iOS or Android mobile app; and A reimagined DoorDash Business Manager App that now includes quick access to payouts and sales tracking, market

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Salt Life Clothing Stores To Shutter

Retail Wire

All 28 retail locations will close.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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‘Brides want that experience’: True Society expands global footprint

Inside Retail

True Society has opened its latest store in Melbourne, bringing the US-based company’s global footprint up to 10. Located in a bright and airy warehouse on Webb Street in Fitzroy, the nearly 1000sqm store carries hundreds of wedding dresses from leading designer brands Essense of Australia, Stella York, Martina Liana, All Who Wander and Oxford Street, as well as veils and accessories.

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Taco Bell Testing New Menu Items in Ohio for Possible Nationwide Inclusion

Retail Wire

Taco Bell is trying out even more menu items.

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How retailers can brace for the looming mandatory climate reporting

Inside Retail

Over the next few years all retailers with a turnover of over $50 million will be expected to publish a ‘sustainability report’ and include a range of data about their carbon emissions and climate mitigation efforts. This comes after the Federal Parliament passed a bill last week to introduce mandatory climate reporting in Australia, setting the agenda for one of the most significant new regulatory imposts across businesses in decades – and posing a particular challenge for retailers and their s

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Today Is National Pancake Day. Here Are Some Fun Ways To Get Pancakes & More

Retail Wire

National Pancake Day is Sept. 26.

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A Blueprint for B2B Commerce

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.

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It’s all in the numbers: data shows who spends on what — and where

Inside Retail

What can business leaders learn from the latest quarter’s data from CommBank iQ , which shows Australians are continuing to make spending trade-offs? The insights offer more than just a snapshot into consumer behaviour and can help businesses make informed decisions. Business leaders may be surprised to see the significant variance in consumers’ spending depending on where they live in Australia and how old they are.

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House Intelligence Committee Wants To Know if Temu Is a Threat to Consumers

Retail Wire

As more and more Americans shop via Temu's app, lawmakers fear their data is being exploited.

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“Brides want that experience”: True Society expands global footprint

Inside Retail

True Society has opened its latest store in Melbourne, bringing the US-based company’s global footprint up to 10. Located in a bright and airy warehouse on Webb Street in Fitzroy, the nearly 1000sqm store carries hundreds of wedding dresses from leading designer brands Essense of Australia, Stella York, Martina Liana, All Who Wander and Oxford Street, as well as veils and accessories.

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Poundland owner Pepco battles ongoing supply chain disruption

Retail Gazette

Pepco Group’s fourth-quarter like-for-like sales fell year on year due to ongoing supply chain disruption. For the 51 weeks ending September 22, the Poundland and Dealz owner saw total revenue rise 10%, driven by new store openings, but like-for-like dipped 3.1%. Disruption to shipping through the Suez Canal, due to attacks militants in the Red Sea , has continued through 2024. “Pepco has continued to be impacted by supply chain issues, affecting the consistent and timely availabilit

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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

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Taco John’s Is Offering 40% Off Menu Bundle

Retail Wire

Taco John's is upping the ante.

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Tesco gears up to relaunch F&F clothing online

Retail Gazette

Tesco is gearing up to relaunch its online F&F clothing range during the coming months, after axing its non-food website Tesco Direct in 2018. The grocer’s fashion offering, which is set to be launched later this year, will sit alongside its new marketplace, Drapers reported. It is thought that Tesco head of Woosh, Greg Bertrand, was hired as head of online for F&F earlier in the year and has been in charge of the fashion relaunch.

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LOOKFANTASTIC Opens First-Ever Concept Store

365 Retail

LOOKFANTASTIC has launched its first concept store, marking a shift from online to in-person retail. This new space aims to create a community-driven and educational beauty experience, offering a hands-on approach to shopping. The store, which builds on the success of LOOKFANTASTIC’s events and pop-ups, is designed to educate customers about various brands and products through in-person interaction.

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Bravissimo snapped up by lingerie giant Wacoal Europe

Retail Gazette

Bravissimo has been snapped up by lingerie and swimwear manufacturer Wacoal Europe. Wacoal Europe owns the brands Wacoal, Freya, Fantasie, Elomi and Goddess. Bravissimo has been selling Freya, Fantasie and Elomi products for many years. Under its new ownership, the retailer, which sells lingerie and swimwear in sizes D cup and above, will continue operating as a separate company, with Leanne Cahill remaining as its CEO.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!