Tue.Sep 19, 2023

article thumbnail

H&M joins Zara and Boohoo in charging for online returns

Retail Gazette

H&M has joined fellow fashion giants Zara and Boohoo in charging customers for returning items purchased online. According to the BBC , shoppers at the Swedish fashion retailer now must pay £1.99 to return parcels either in store or online, with the cost taken from their refund. However, returns will remain free of charge for H&M members. Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning An H&M spokesperson told the BB

Returns 104
article thumbnail

Kathmandu parent KMD Brands sees sales, net profit increase

Inside Retail

Outdoor apparel retailer KMD Brands has witnessed an increase in sales and net profit in FY23 on the back of improved performance across all its businesses – with the Rip Curl and Oboz brands achieving record sales. Sales grew 12.6 per cent to $1.01 billion, with earnings before interest, taxes, depreciation and amortisation (EBITDA) rising 15.1 per cent to $97.4 million and net profit after tax jumping 8.6 per cent to $39.8 million.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

TikTok Launches First-Party Measurement Solution for Advertisers

Retail TouchPoints

TikTok has launched Attribution Analytics , a first-party measurement solution designed to help marketing teams understand the bottom-line impact of the social network’s advertising solutions. The immersive nature of the TikTok feed means that consumers often see content that inspires them — but they don’t act upon that inspiration until much later, according to the company.

article thumbnail

Georg Jensen bought by Royal Copenhagen parent

Inside Retail

Fiskars Group has signed an agreement to acquire the parent company of Danish design house Georg Jensen from Investcorp for EUR151.5 million (US$161 million). Fiskars Group is a global home of design-driven brands for indoor and outdoor living including Fiskars, Gerber, Iittala, Royal Copenhagen, Moomin Arabia, Waterford, and Wedgwood, with presence in more than 100 countries.

Outdoor 264
article thumbnail

Turn Payments Into Personalization: Unlock the Value of Transaction Data

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.

article thumbnail

Inventory Accuracy: The Not-so-Secret Ingredient for Holiday Sales Success

Retail TouchPoints

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par. Spencer Hewett, Founder and CEO of Radar , shares how retailers can get their operations in top shape in time for the inevitable holiday rush.

article thumbnail

Scurri announces partnership with ArrowXL extending two-person and bulky delivery options

Retail Focus

Scurri , the next-generation delivery management platform, today announces a strategic partnership with ArrowXL – the UK’s largest and longest established two-person home delivery specialist – allowing retailers on the Scurri platform to deliver bulky and larger size online orders across the country. With over 40 years of experience in the UK logistics sector ArrowXL make over two million deliveries on average each year.

More Trending

article thumbnail

HanesBrands mulls sale of Champion business

Inside Retail

US-based clothing company HanesBrands is evaluating “strategic options” for its global Champion business, including the potential sale of the brand. The board of directors and executive leadership team will consider a range of alternatives to maximise shareholder value, and assess the company’s operations and brands to ensure it is best positioned to grow, said Ronald L Nelson, chairman of the board.

article thumbnail

Amazon Extends Just Walk Out Technology to Apparel and Fan Gear with RFID

Retail TouchPoints

Amazon has incorporated RFID capabilities into its Just Walk Out cashierless technology to handle the sale of apparel and fan gear at two Seattle sports venues. RFID tags placed on jerseys, hats and other items allow customers to carry out (and even wear out) their purchases without standing in line to check out. Consumers select their items and then leave the store via an exit gate that they unlock either with their credit or debit card or by hovering their palm over an Amazon One device.

Apparel 261
article thumbnail

GoTo and Alibaba lead the charge in Asia-Pacific’s booming retail market

Inside Retail

In the fast-paced world of retail, the Asia-Pacific region stands as a testament to resilience and innovation in the post-pandemic era. Leading market research firm Euromonitor International has just unveiled its 2023 rankings for the Top 10 fastest growing and biggest retailers in Asia Pacific, with Indonesia’s GoTo stealing the spotlight. Meanwhile, Chinese e-commerce behemoth Alibaba reigned supreme with a retail value close to half a trillion U.S. dollars.

article thumbnail

For Better Customer Experience, Make Your Website Easier to Search

Retail TouchPoints

Customer experience (CX) optimization is a necessity for ecommerce retailers and other online businesses that want to convert visitors, drive sales and cultivate customer loyalty. And while CX optimization strategies can take time to map, plan and implement, there are smaller changes retailers can make in the short term that have an immediate impact on CX.

article thumbnail

Get MACH Ready: Preparing Your Business for Digital Transformation

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.

article thumbnail

Breaking down beauty: What are the new trends beauty customers want?

Inside Retail

What customers want has changed significantly over the past few years, and with the rise of TikTok, and the push-back against unrealistic beauty standards, the beauty industry is one of the more impacted spaces. Beauty customers are increasingly changing their shopping patterns, and Adore Beauty wants to understand what’s next. According to a new report released by the beauty retailer, an increased focus on sexual wellness, as well as holistic health and wellbeing, have been identified as new an

article thumbnail

Planet Fitness Shares Sink After Board Ousts CEO in Shocking Move

Retail Wire

Planet Fitness, a prominent workout chain, has unexpectedly removed Chris Rondeau, a long-standing company veteran, from his role as CEO. This unexpected move led to a nearly 16% drop in the company’s shares, hitting a 52-week low. Rondeau had been with the company for nearly 30 years, starting from a front desk position, and had.

114
114
article thumbnail

Playing to Win in Customer Service

Hyken

One of the more enjoyable activities in my life is playing hockey. When I’m in town – not out speaking at conferences – I lace up the skates several times a week to play in a friendly hockey game. In close games, when my team is up by one or two goals, I remember my school days when our coaches encouraged us to continue playing to score, even when we were winning, versus switching to more defensive play to prevent the other team from scoring.

article thumbnail

‘We’re Not Going Anywhere.’ David’s Bridal’s CEO Reveals What’s Next for the Company After Its Second Bankruptcy.

Retail Wire

David’s Bridal, a prominent wedding retailer, recently emerged from its second bankruptcy with a positive outlook. CEO Jim Marcum credits the company’s resilience to its flexible supply chain and its appeal to a wide range of brides. Despite challenges posed by the pandemic and shifting wedding trends, Marcum remains optimistic about David’s Bridal’s future, emphasizing.

114
114
article thumbnail

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.

article thumbnail

Revealed: The best retailers for work wellbeing

Retail Gazette

The Entertainer, The Body Shop, and Clarks have been named as the top retailers for work wellbeing by employment website Indeed. The brand’s Better Work Awards, which this year focuses on the top companies for work wellbeing, are based on the world’s largest study of the category, as well as insights from workers who rate and review their employer on Indeed each year.

article thumbnail

Walmart Sued by US Agency Over Test That Screened Out Disabled Workers

Retail Wire

The Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against Walmart, alleging that the company wrongfully terminated hourly workers with disabilities who couldn’t pass a computer-based test unrelated to their job duties. The test, implemented by Walmart nationwide in 2015, reportedly lacked accommodations for workers with disabilities as required by federal law.

114
114
article thumbnail

Walmart, Target follow Amazon with early start to holiday sales

Retail Dive

Consumer electronics retailer Best Buy has also stepped up, with deals set to start several weeks ahead of Black Friday and Cyber Monday.

Consumer 135
article thumbnail

Shein May Be Lining Up Missguided Deal in First UK Brand Acquisition

Retail Wire

Chinese fashion giant Shein is reportedly in discussions to acquire the UK-based online apparel label Missguided from retail tycoon Mike Ashley. This potential deal would mark Shein’s first acquisition of a British fashion brand. While talks have been ongoing, it’s uncertain if the agreement will come to fruition.

Apparel 100
article thumbnail

Forrester Report: Demystifying The Technical Functions of POS Solutions

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.

article thumbnail

ORION Investment Arranges $4.6 Million Sale of Retail Center in Chandler, Arizona

Shopping Center

Chandler, Ariz. — ORION Investment Real Estate has arranged the $4.6 million sale of a retail strip center located in Chandler. Max Taylor & Co. LLC sold the asset to The… The post ORION Investment Arranges $4.6 Million Sale of Retail Center in Chandler, Arizona appeared first on Shopping Center Business.

Location 105
article thumbnail

Instacart Prices IPO at $30 a Share, Valuing Grocery Delivery Company at About $10 Billion

Retail Wire

Grocery delivery giant Instacart has priced its long-awaited IPO at $30 per share, valuing the company at around $10 billion on a fully diluted basis. The offering, which came in at the top end of the expected range, marks the first significant venture-backed tech IPO in the U.S. since December 2021. Instacart, which experienced a.

ATS 100
article thumbnail

Wilko: Ex-boss faces pressure to explain family’s plan for pension fund shortfall

Retail Gazette

GMB Union, which represents Wilko staff, is urging Members of Parliament to question Lisa Wilkinson about her family’s plans for plugging the substantial pension fund shortfall of the discount retailer , which received nearly £100m in dividends during the decade leading up to its collapse. According to the Times , GMB union national officer Nadine Houghton has called on the business and trade committee to bring her in to give evidence.

Planning 104
article thumbnail

Clorox Says Last Month’s Cyberattack Is Still Disrupting Production

Retail Wire

Cleaning product manufacturer Clorox has disclosed that the cyberattack it experienced last month will have a significant financial impact on its quarterly results due to production disruptions. The company, known for products like bleach and Pine-Sol, stated it doesn’t have a precise timeline for when full operations will be restored. While Clorox believes the threat.

100
100
article thumbnail

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

article thumbnail

Naked Wines warns on collapse as it swings to loss

Retail Gazette

Naked Wines swung to a loss of £15m in 2023, warning that it could fail to meet its financial commitments if a “combination” of factors affects its cash flow. Naked Wines’ sales dropped to £26.9m from £34m in 2022 as the online wine specialist struggled to get through excess stock and sustained high inflation in key markets, hitting their supply chain costs.

Marketing 104
article thumbnail

Digital Screens Are Covering Cooler Doors at Stores Like Kroger and Walgreens, and They’re Driving TikTokers Nuts

Retail Wire

Retailers like Kroger and Walgreens have introduced digital screens on cooler doors to display advertisements and update inventory in real time. However, customers on TikTok are expressing frustration, citing that these screens make it harder to shop as they have to wait for ads to finish before seeing the products inside. Some argue that the.

article thumbnail

Tesco accused of greenwashing deforestation pledges

Retail Gazette

Tesco has been accused of greenwashing after Brazilian meat was found on sale in-store and online, despite promising to ban it due to deforestation. The UK’s largest supermarket said it would no longer sell Brazilian beef, chicken or pork over three years ago, when it reformed its supply chains to help end deforestation within the Amazon rainforest.

article thumbnail

Aldi Superfans Can Now Shop the Grocer’s Fall ‘Gorpcore’ Collection Including Beanies, Backpacks, and Sweatshirts

Retail Wire

Aldi, the discount grocer, has unveiled its fall collection of clothing and accessories, inspired by the outdoorsy “gorpcore” trend, catering to hikers, campers, and outdoor enthusiasts. The collection includes items like canvas slip-on shoes, backpacks, travel mugs, beanies, pullovers, and pajamas, all priced under $13. This marks the third time Aldi has released apparel and.

Grocer 100
article thumbnail

The Personalization Playbook: 2024 Strategies

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.

article thumbnail

Sam’s Club MAP Closes the Loop for Advertisers with Media and Sales Performance Dashboard

RIS News

Walmart-owned Sam's Club has launched the Media and Sales Performance Dashboard, an integrated dashboard that serves as a central source of truth for campaign performance for Sam's Club Member Access Platform (MAP).

article thumbnail

Retail Content Marketing: 4 Steps To Grow your Audience

Shopify

What if you didn’t need to pay to market your business? What if your ideal customers came straight to you — and in fact, were eager and excited to hear from you? Traditional marketing strategies require you to go out and find your customers first. Then you need to interrupt what they were doing in some way. If they read a magazine, for example, that interruption comes in the form of a page dedicated to advertising your product (that you paid to promote).

article thumbnail

Cisco’s grantee and investee partners share what they look forward to most at Climate Week NYC

Cisco Retail

Climate Week NYC , one of the largest annual climate events since 2009, brings together international leaders from business, government, and civil society to showcase global climate action.

ATS 98
article thumbnail

Target, Macy’s announce seasonal hiring plans

Retail Dive

Target plans to hire nearly 100,000 workers for the holidays, about the same as past years, while Macy’s is aiming to bring on about 38,000.

Planning 112
article thumbnail

How Personalized Customer Experiences Drive Retail Growth and Revenue

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