Fri.Jun 07, 2024

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Multi-Billion Dollar Antitrust Lawsuit Threatens NFL’s Sunday Ticket Package

Retail Wire

Opening arguments are scheduled for a class action lawsuit probing the legitimacy of the NFL's Sunday Ticket package.

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3 Key Retail Metrics and How Supply Chain Readjustments Can Help

Retail TouchPoints

With today’s technology, retailers have seemingly endless access to hundreds of data points, and it can be difficult to discern which metrics matter. But regardless of whether you’re a retailer with 10 locations or hundreds, measuring logistics performance is critical to business success. By first identifying and then analyzing these insights, retailers can gain visibility into what is working well and what isn’t, and where there are opportunities to improve efficiency, cost savings and customer

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Marquee Group rescue deal seals its exit from administration 

Inside Retail

Marquee Retail Group, parent of Colette by Colette Hayman and The Daily Edited, has concluded its voluntary administration process after executing a Deed of Company Arrangement (Doca). The Doca is a binding arrangement between a company and its creditors governing how the company’s affairs will be dealt with, according to the Australian Securities & Investment Commission.

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Walmart Shareholders Vote Down Majority of Proposals at Annual Meeting

Retail Wire

Walmart shareholders held their annual meeting virtually online on June 5, 2024, with roughly 91% of all outstanding shares represented, and saw the rejection of most of the proposals on the agenda.

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Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

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Tapping uni students to drive innovation: Temple & Webster’s plan to hit $1bn

Inside Retail

Australian online furniture retailer Temple & Webster is tapping into the next generation of industrial designers to ensure it remains at the forefront of product innovation. Recently, seven Industrial Design Honours Program students from the University of New South Wales (UNSW) joined Temple & Webster’s newly formed design and product development team for a four-week collaboration.

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Ford Recalls Over 8,000 Mustangs Due to Leak and Fire

Retail Wire

Ford Motor Company has issued a recall for over 8,000 of its 2024 Mustang models due to a risk of fire stemming from leaking clutch fluid.

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More Trending

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Lighting a new aesthetic for Russell & Bromley

Retail Focus

Russell & Bromley’s beautiful new boutique store in Hampstead, London, designed by design & architect studio Shed, and lit by Shoplight, has been created to gracefully blend in with the surrounding village aesthetic, retain the building’s original character and showcase Russell & Bromley’s luxury fashion footwear. Shed’s new design concept is in fact a new blueprint for Russell & Bromley as it expands in the UK and beyond.

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Campbell CEO Shares How Car Insurance Inflation Affects the Snack Aisle

Retail Wire

Campbell Soup's recent report has revealed a surprising decline in snack sales, raising questions about the resilience of the snack market in an inflationary environment.

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Asda: Zuber Issa sells stake as TDR becomes majority owner

Retail Gazette

Asda co-owner Zuber Issa has sold his stake in the supermarket chain to co-owner TDR Capital, as the private equity firm becomes the majority owner. The deal, which will complete later this year, brings the ownership of Asda to 67.5% by TDR Capital, 22.5% by Mohsin Issa, and 10% by Walmart. Zuber Issa will also step down as co-chief executive of EG Group after reaching an agreement to acquire its remaining UK forecourt business and certain standalone food service locations for £228m.

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Wendy’s Rolls Out New Triple Berry Frosty Flavor for Summer

Retail Wire

Wendy's is set to delight fans with the introduction of a new Triple Berry Frosty, a refreshing addition that's perfect for the summer season.

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From Concept to Deployment: Building Commerce Storefronts with Composable UI

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Waitrose snaps up meal-kit delivery service Dishpatch

Retail Gazette

Waitrose has acquired meal-kit delivery service Dishpatch, as it seeks to bring “further new and exciting food experiences” to its customers. Dishpatch, which was founded in 2020, provides restaurant-quality home dining with more than 40 dishes designed by some of the UK’s leading chefs, including Angela Hartnett and Michel Roux Jr. Waitrose said the deal aligned with its ambition to be the trusted home for food lovers.

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National Donut Day: Deals, Freebies, & More

Retail Wire

National Donut Day is celebrated in all donut shops around the country.

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Landlords close in on acquisition of Express

Retail Dive

With private equity-backed WHP Global, Brookfield and Simon Property Group have put up a stalking horse bid of some $160 million in cash and $38 million in assumed liabilities.

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Rivian Revamps All-Electric R1 Pickup and SUV, Integrates Nvidia Chips

Retail Wire

Rivian has announced major updates to its all-electric R1 pickup and SUV models, aiming to boost range, performance, and computing power.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, 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.

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Securely Connect Everything Everywhere with a Unified SASE Platform

Cisco Retail

We rely on connections with everyone and everything. But secure networking can be challenging in a distributed world of people, places, and things across premises to the cloud, which can ultimately impact the user experience. Learn what Cisco is doing to help customers securely connect everything everywhere through the latest enhancements to our SASE solution.

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Winning California Lottery Ticket Has Hours Left To Be Claimed

Retail Wire

There's only a few hours left before a $2.9M prize goes unclaimed in the California lottery.

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Axiom Purchases 98,385-Square-Foot Amherst Shopping Center in Ohio

Shopping Center

Massillon, Ohio — Axiom Realty has purchased Amherst Shopping Center, a 98,385-square-foot shopping center located in Massillon. Marc’s anchors the property, which was 64 percent occupied at the time of sale.… The post Axiom Purchases 98,385-Square-Foot Amherst Shopping Center in Ohio appeared first on Shopping Center Business.

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FDA Rescinds Marketing Ban on JUUL Vaping Products

Retail Wire

The FDA will conduct further additional scientific reviews of the product.

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Get MACH Ready with Orium, Commercetools, and Contentstack

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Co-op to close Member Pioneer programme, 766 jobs at risk

Retail Gazette

Co-op is set to replace its Member Pioneer programme in a move that puts more than 750 roles at risk. The retailer has entered a consultation period with 766 part-time employees, which are made up of 689 Member Pioneers and 77 coordinators. It is replacing the programme with 61 new full-time equivalent Member Engagement Activators, who have “the sole remit to connect, engage and support member-owners in communities at a regional level, whilst making a real difference in how people experien

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Walmart Advances With New Tech-Driven Innovations

Retail Wire

Walmart has introduced a variety of technological innovations to its stores.

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Security, the cloud, and AI: building powerful outcomes while simplifying your experience

Cisco Retail

Read how Cisco Security Cloud Control prioritizes consolidation of tools and simplification of security policy without compromising your defense.

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The Weekly Closeout: Kirkland’s explores strategic alternatives as Claire’s celebrates Hello Kitty

Retail Dive

The home retailer is also instituting a cost-savings plan as sales fell 5% in Q1. Meanwhile, the tween brand is honoring the iconic character’s 50th anniversary.

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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.

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Alibaba Courts the U.S. and Europe to Get Global Growth

LS Retail

©iStock/Robert Way Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe. Alibaba.com — the company’s business-to-business platform which sells to companies outside China — is launching “Alibaba Guaranteed.” The new service will provide buyers with greater certainty on delivery, payments and dispute settlement.

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Sam’s Club looks to members to bolster private label offerings

Retail Dive

In a new initiative, the Walmart-owned club retailer is enlisting the help of 50,000 shoppers to help co-create products for its Member’s Mark line.

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Retail Design Tips, Trends & Examples for 2024

Shopify

There are dozens of ways to design your retail store, but not all will encourage your customers to convert—and then return. Follow these retail design tips and trends to craft an unforgettable shopping experience.

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GameStop Q1 sales drop 29% as it issues new stock offering

Retail Dive

The video game-focused retailer plans to capitalize again on meme stock interest by selling 75 million more shares.

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From Data to Decisions: Maximizing Retail Potential With AI

Discover how retailers are transforming data into actionable insights for growth. By leveraging data and analytics to their potential, retailers can enhance decision-making, improve customer experiences, and streamline operations to stay ahead of the competition. From Data to Decisions: Maximizing Retail Potential With AI, authored by Orium, commercetools, and Google Cloud, demonstrates how businesses can unify and activate data across the tech stack to achieve retail excellence and create growt

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The Body Shop administrators set deadline for rescue bids

Retail Gazette

Administrators of The Body Shop have set a deadline for bids as it looks to wrap up the sale of the retailer. FRP Advisory has requested that indicative bids for the vegan beauty are submitted by next Tuesday, Sky News reported. Sources said the administrators wanted to secure a deal for The Body Shop’s remaining British assets before the end of June.

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Klarna and Sainsbury’s Partnership Brings Interest-free BNPL to Argos, Habitat and Tu

365 Retail

Klarna , the AI-powered global payments network and shopping assistant, has partnered with Sainsbury’s PLC which will see its payment methods available at the online checkouts of three iconic brands: Argos, Habitat and TU. Shoppers will be able to choose from Klarna’s three interest free payments; pay immediately and in full with Pay Now, pay in 30 days with Pay Later or over three equal installments with Pay in 3.

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Hoka opens New York City flagship store

Retail Dive

The Fifth Avenue location marks the popular running brand’s second store in New York City and eighth store in the U.S.

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Similarweb reveals the top growing DTC brands in the UK

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The analysis highlights British online consumers continue to prioritise affordable brands while looking out for quality and sustainability in the products they are purchasing. Similarweb has identified the UK’s top 30 direct-to-consumer (DTC) brand sites with the biggest web traffic surge in the past year (April 2024 data).

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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