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The United Food and Commercial Workers International Union (UFCW) has officially announced that delegates representing 1.3 million of its members unanimously voted to officially oppose mergers, including the proposed $24.6 billion deal between Kroger and Albertsons. The vote was made on the grounds that such mergers “pose a threat to essential workers, their families, and the communities they serve.
Multibrand outdoor apparel retailer KMD Brands has appointed Megan Welch as CEO of Kathmandu. Welch has extensive global brand and product experience and joins Kathmandu from Crocs where she served as senior VP and GM for Asia Pacific, based in Singapore. Michael Daly, Group CEO and MD of KMD Brands, welcomed Welch and said she has a “proven track record for growth and strong international experience”.
The senior management team of Franchise Group , led by the company’s CEO Brian Kahn along with a consortium of financial partners that includes B. Riley Financial and Irradiant Partners, have agreed to acquire approximately 64% of the company’s stock that the management group does not currently own in a transaction that will take the company private.
The 2023 Federal Budget appeared to be about striking a balance between combating inflation, while also providing cost of living relief for Australian households and businesses. It comes amid a challenging economic period, with the inflation rate well above the 2-3 per cent band targeted by the Reserve Bank. At the same time, retail sales have receded for two consecutive months – constituting a consumer recession.
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.
For consumer-packaged goods (CPG) brands wanting to lead their category at major retailers, it’s critical to be strategic and adaptable with a logistics strategy. While many brands try to shave pennies off transactional transportation costs, that won’t drive long-term success in retail locations. CPG brands that DO find success are proactive and utilize technology to increase order visibility and analyze performance data.
Westfield mall owner Scentre Group says its strategy to increase footfall across its retail centres has helped boost its operating performance. In a trading update for the first 17 weeks of the year, the group said its shopping centres hosted 163 million customer visits – an increase of 20 million, or 13.7 per cent, over the corresponding period a year ago.
Tempur Sealy International will acquire Mattress Firm Group in a $4 billion cash and stock transaction, creating a company with a global footprint of approximately 3,000 stores, 30 ecommerce platforms, 71 manufacturing facilities and four R&D facilities, serving customers in more than 100 countries. The acquisition will be funded by approximately $2.7 billion in cash and $1.3 billion in stock and is projected to close in the second half of 2024.
Tempur Sealy International will acquire Mattress Firm Group in a $4 billion cash and stock transaction, creating a company with a global footprint of approximately 3,000 stores, 30 ecommerce platforms, 71 manufacturing facilities and four R&D facilities, serving customers in more than 100 countries. The acquisition will be funded by approximately $2.7 billion in cash and $1.3 billion in stock and is projected to close in the second half of 2024.
Adelaide’s Harbour Town Premium Outlets centre has been put up for sale by private property developer, Lewis Land Group. Developed in 2003, the centre is Adelaide’s only purpose-built outlet shopping centre. It features 118 outlet stores and parking for 1480 vehicles and recently underwent a $12 million upgrade. Lewis Land Group CEO, Matthew McCarron, said the business is continuously exploring opportunities for growth over the long term.
Shoppers are cutting back in the aggregate as they brace themselves for economic headwinds, so the conventional wisdom is that unnecessary “splurge” purchases are on hold. But Deloitte’s For Consumers, Splurges Aren’t Just Lipstick report found that 77% of global consumers say they made a splurge purchase in the last month, with an even higher number ( 81% ) in the U.S.
REISS, the premium international fashion brand, has selected centre:mk, one of the top 10 retail and leisure destinations in the UK, for its latest location and key site in the region. The new store, set to open on Silbury Arcade this summer, will showcase 1,884 sq ft of REISS’ modern womenswear, menswear, accessories, and childrenswear. For the last five decades, REISS has established a unique style of attainable-luxury collections showcasing unwavering elegance and attracting a loyal following
Compared to other sales events throughout the retail calendar, Mother’s Day celebrations aren’t typically thought of as a bumper celebration. However, Australians are tipped to spend almost $1 billion ahead of this weekend’s event, according to the Australian Retailers Association, across retail segments such as food, flowers, homewares and clothing.
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
Live shopping in the U.S. is expected to grow to $32 billion this year, according to Coresight Research. Amazon.com, Walmart and other retailers are rapidly getting into live streaming to capture a share of the growing market.
For once, department stores are leading a retail sales recovery instead of lagging it. In Japan, the Ministry of Economy, Trade and Industry (METI) reports that retail sales in the first quarter amounted to 39,781 billion yen (about $434 billion at current exchange rates), up 6.5 per cent from a year ago. Momentum has been rising since the beginning of the year, with year-on-year sales growth in both February and March above 7 per cent.
Capital One Financial claims that Walmart is trying to get out of its private label credit card deal after it failed to market the product as agreed. The financial firm alleges in a lawsuit that “Walmart is positioning itself to compete directly with Capital One to provide credit and payment products to Walmart customers.” Walmart has denied the allegations made by Capital One.
Retailers are always looking for ways to gain market share and build loyalty, but the strategies that work today may not be relevant in the future. A recent report by WGSN on the future consumer sheds some light on the emerging trends that businesses need to take into account. The report states that four consumer profiles will drive businesses in 2025: the new nihilists, the reductionists, the timekeepers and the pioneers.
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.
Tempur Sealy has agreed to pay $4 billion to acquire Mattress Firm, the largest bedding retailer in the U.S. Mattress Firm operates about 2,300 stores.
Australian bags company Strand will launch an online store for its luggage brand Nere in the UK, marking the company’s first foray into the market. Nere offers a range of luggage, travel bags, and accessories for the style-conscious traveller at affordable prices. The brand was established in Australia with the idea of making travel “more fashionable, economical, and fun” Launched in July in Australia and New Zealand, Nere aims to create vibrant collections.
Warby Parker’s sales rose 12 percent year-over-year in the first quarter and the direct-to-consumer eyewear company cut its losses by $23 million to $11 million. Allbirds’s sales fell 13 percent, which was better than the 28 percent decline that was expected.
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.
Consumer prices increased 0.4 percent in April, the equivalent of a 4.9 percent annual gain, according to the Labor Department. The Consumer Price Index has declined since peaking at nine percent in June 2022.
Franchise Group, the owner of Vitamin Shoppe, Pet Supplies Plus, Buddy’s Home Furnishings and other franchised banners, is being taken private by a group led by CEO Brian Kahn in a $2.6 billion deal.
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.
Oatly Group has named Jean-Christophe Flatin, the company’s global president, to succeed CEO Toni Petersson on June 1. Mr. Petersson will become co-chairman of Oatly along with Eric Melloul.
Starbucks customers who order one of the chain’s Refreshers without water will have to pay $1 more to get the drink. The chain says that leaving water out of the drink is about the same as asking for an extra espresso shot in a latte without expecting to pay for it.
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.
The Transformational Tech series highlights Cisco’s grant recipients that use technology to help transform the lives of individuals and communities. An estimated 37% of the world’s population – or 2.
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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