Retail Wire
MARCH 18, 2024
Tyson Foods, the well-known food processing company, finds itself in hot water as calls for a boycott surge due to allegations of planning to employ migrants at its factories.
Retail TouchPoints
MARCH 18, 2024
Google wants a bigger piece of the traffic driven by retail media advertising. To start getting it, the tech company has launched a new offsite retail media solution in closed beta. Lowe’s has signed on to be one of the first retailers to test the solution for what will be the first offsite retail media offering from Lowe’s One Roof retail media network on Google Search and Shopping inventory, according to a blog post that will be published today, which Retail TouchPoints reviewed in advance.
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Retail Wire
MARCH 18, 2024
Walmart self-checkout lanes are possibly being reserved for select customers like Walmart+ subscribers and delivery drivers as part of an experimental phase where different methods are being tested.
Retail TouchPoints
MARCH 18, 2024
Retailers have been eager to jump on the generative AI bandwagon: according to a new survey conducted by Salesforce and the Retail AI Council , retail executives estimate that 36% of their employees already are using generative AI today, with that figure projected to rise to 45% by 2025. Additionally, 93% of these retailers say they’re already using generative AI to support personalization of customer-facing communications like emails and product recommendations.
Speaker: Loreal Lynch, 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.
Inside Retail
MARCH 18, 2024
Rntr has partnered with Australian fashion retailer Shona Joy to launch the first repair platform in Australia. Shona Joy will host a digital platform on its circular fashion website that encourages customers to extend the life of their items when it makes more sense than reselling them. According to the firms, there will be an easy-to-lodge process where clients may input their garment and repair needs before mailing their garment, with Shona Joy managing the entire process.
Retail TouchPoints
MARCH 18, 2024
A 2022 U.S. government study found an annual average of 1.3 million nonfatal workplace violence incidents between 2015 and 2019. This is a rate of eight nonfatal violent crimes per 1,000 workers aged 16 or older. In addition to the safety risk to employees and customers alike, workplace violence incidents are costly to retailers. The National Institute for Occupational Safety and Health estimates that workplace violence costs employers more than $120 billion annually in claims, litigation, added
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
MARCH 18, 2024
The term “circular fashion” serves as both a challenge to the fashion industry’s traditional model of take-make-waste and a solution to its environmental impact. The dirty secret of textile waste, increasingly, is becoming public, with the Australian industry alone manufacturing and importing over 1.4 billion units of new clothing each year, more than half of which end up in landfills, according to the Seamless Scheme Design Report.
Retail TouchPoints
MARCH 18, 2024
As it seeks to find firmer footing, Joann has entered a Transaction Support Agreement (TSA) with a majority of its financial stakeholders and other parties that includes commitments for approximately $132 million in new financing. The 800+ -store crafts retailer has initiated voluntary prepackaged Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware and is aiming to reduce funded debt on its balance sheet by approximately $505 million.
Retail Wire
MARCH 18, 2024
During a recent investor conference, McDonald's CFO Ian Borden revealed a notable trend among lower-income Americans: a shift away from fast food in favor of home-cooked meals.
Retail TouchPoints
MARCH 18, 2024
Following a 200 -store test that limited customers using self-checkout to a maximum of 10 items, Target has rolled out Express Self-Checkout to its nearly 2,000 stores nationwide. The retailer also plans to open additional staffed POS lanes for shoppers who have more items, need help or who “just enjoy connecting with our team to help them get on their way sooner,” according to a company statement.
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Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.
Inside Retail
MARCH 18, 2024
South Australian independent supermarket Saints Road Foodland has been named IGA International Retailer of the Year at the recent awards ceremony held in Las Vegas. The award recognises excellence in retailing and the positive advancement of the IGA brand. Saints Road Foodland was opened in 2019 and has since made a significant impact with its delivery of South Australian produce, food and beverages, and world-class service, all housed under a multi-million dollar fit-out.
Retail TouchPoints
MARCH 18, 2024
DoorDash is expanding its footprint in the beauty vertical, embarking on partnerships with Sally Beauty and MAC Cosmetics and expanding its relationship with Sephora. Consumers can now shop DoorDash for an array of beauty products and have them delivered in under an hour on average. “We see consumers ordering from retail categories more than ever before and trying out new categories earlier in their DoorDash journey,” said Shana Prevé, VP, Partnerships at DoorDash in a statement.
Inside Retail
MARCH 18, 2024
In a strategic move poised to rewrite the landscape of the stationery sector, Mitsubishi Pencil Company recently announced its acquisition of C. Josef Lamy GmbH and the iconic Lamy brand. Founded in 1887 in Japan, Mitsubishi Pencil is renowned for its Uni brand, spanning traditional pencils to cutting-edge mechanical pencils and marker pens, while Lamy, established in 1930 in Germany, has garnered global acclaim for its sleek and functional designer writing instruments proudly bearing the “
Retail TouchPoints
MARCH 18, 2024
Ebay has added luxury apparel to its consignment service , so sellers can now hand off the listing and selling of these goods to Ebay experts. After launching consignment services for designer handbags last year , Ebay saw heightened demand for pre-loved apparel : 22 pre-loved shirts, six pairs of pre-loved jeans, and eight pre-loved coats were sold every minute on the platform across the U.S., UK and Germany, the company reported.
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.
Retail Wire
MARCH 18, 2024
In a recent update to its initial public offering (IPO) prospectus, Reddit disclosed that it's under investigation by the Federal Trade Commission (FTC) regarding its data-licensing practices for training artificial intelligence (AI) systems.
Inside Retail
MARCH 18, 2024
American specialty apparel retailer Zumiez has reported net loss of $51 million for the fourth quarter, compared to net income of $17.3 million in the prior-year period. The company, which has 25 stores in Australia, posted flat net sales, which were up only 0.6 per cent year on year to $429.3 million. For the full year, net sales dropped 8.6 per cent to $1.3 billion.
Retail Wire
MARCH 18, 2024
Blue Bell has just introduced a new flavor that might be bound for success: Gooey Butter Cake.
Inside Retail
MARCH 18, 2024
With Gen Z now dominating the ranks of Australian retail workers, traditional learning models are failing to deliver for businesses. Now retailers are turning to new digital techniques that boost retention – and their bottom lines. Mark Eggers, co-founder of Yarno – the tech company that created a gamified team-based learning solution aimed at retail workers (and others who don’t sit behind a desk all day) – says businesses relying on outdated training formats are missing upselling opportu
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Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.
Retail Wire
MARCH 18, 2024
Apple has finally agreed to pay $490 million to resolve the claims about how CEO Tim Cook misled investors about a decline in iPhone sales in China.
Retail Gazette
MARCH 18, 2024
The boss of Majestic Wine has slammed the new post-Brexit alcohol duty system, warning it will cost both businesses and shoppers more money. The price of some red wines could rise by over 40% next year, British shoppers have been told, after the government ignored calls from the wine industry to scrap complicated post-Brexit changes. As a result, the number of tax bands for wine will rise from one to 30, with retailers saying it will now cost them more money to administer.
Retail Wire
MARCH 18, 2024
The CEO of United Airlines, Scott Kirby, has penned a letter to reassure passengers amidst a recent surge in concerning plane incidents.
Retail Gazette
MARCH 18, 2024
Asda has introduced new staff benefits and confirmed its proposal to raise retail pay rates to £12.04 per hour has been accepted by workers. The Care Concierge benefit, managed by Legal & General, offers workers assistance in later-life care for loved ones, via free confidential one-to-one telephone services, while the Mortgage Advice Bureau provides guidance for staff navigating property purchase or remortgaging.
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
Retail Wire
MARCH 18, 2024
Apple and Google are in discussions to reach a partnership agreement to leverage the power of Google's Gemini artificial intelligence tool to diversify features on the iPhone.
Retail Gazette
MARCH 18, 2024
Whole Foods Market has said it is still working on expanding its UK footprint, despite its decision to close two stores and its Dartford distribution centre. The proposed closures will see the Amazon-owned supermarket’s stores in both Richmond and Fulham Broadway close and operations at its Dartford DC cease. The move “will allow us to invest in enhancing the customer and team member experience as we expand our footprint to serve more customers and communities in the UK”, a Whole Foods spo
365 Retail
MARCH 18, 2024
GO Outdoors is set to open a new store in Tamworth during the week commencing 18th March 2024, aiming to cater to the increasing interest in outdoor activities among the public. This expansion reflects the brand’s commitment to making high-quality outdoor gear accessible to more people, enhancing their outdoor experiences. Located at Ventura Retail Park, the store spans over 15,000 square feet and will employ a dedicated team of 25 staff.
Retail Gazette
MARCH 18, 2024
Dr Martens has launched a new repair service for its shoes, in partnership with expert footwear restorers The Boot Repair Co. The British footwear specialist said it will offer more than 10 different services, ranging from sole to eyelet replacements, using the same machines, methods and materials that are used to make its brand new pairs. The services cover the brand’s boots, sandals and accessories, with prices starting from £22 per item.
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Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.
365 Retail
MARCH 18, 2024
The Creative Retail Awards, in collaboration with Shop Drop Daily, is excited to announce the launch of a groundbreaking new Award – The Shop Drop Daily Concept of the Year Award. This prestigious Award celebrates the most innovative and inspiring branded concepts from around the world, as featured on Shop Drop Daily – the premier destination for cutting-edge brand experiences.
Retail Wire
MARCH 18, 2024
Renovations helped rank LaGuardia as one of the best airports in a 2023 survey.
Retail Gazette
MARCH 18, 2024
Barbour has partnered with Oxfam to launch a charity rental scheme at this year’s Glastonbury Festival. Under the Barbour Re-Loved jacket rental initiative, upcycled, pre-loved jackets will be available to rent from Oxfam stores on the festival site, with all proceeds donated to the charity. The premium brand’s jackets will be sold for £45 each for the full weekend rental.
Dezeen
MARCH 18, 2024
Local studio Lissoni Architecture has expanded the Design Holding flagship in New York City , creating an entirely new floor outfitted with light displays and curving metallic installations. Lissoni Architecture , the US branch of Italian studio Lissoni & Partners , created an entirely new second floor and redesigned a portion of the first floor for the Design Holding showroom, which displays furniture and lighting brands including B&B Italia , Flos , Louis Poulsen , Maxalto , Arclinea a
Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach
More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions? Join us to gain a better understanding of the current retail landscape and learn what you can do to translate personalization strategies into practical implementatio
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