Retail Wire
MAY 26, 2023
American Eagle Outfitters, Blue Apron and Shopify all added logistics services to improve last-mile fulfillment performance. In the end, the three found that their logistics services delivered improved results, but not as much as they expected.
Retail TouchPoints
MAY 26, 2023
The Vitamin Shoppe has named Lee Wright as its new CEO, a position he has held on an interim basis since January 2023. Prior to that, Wright was Chief Commercial Officer of Vitamin Shoppe’s parent company Franchise Group since January 2022, and he previously held C-level positions at Conn’s. Earlier this month, Franchise Group announced that it would be going private.
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Retail Wire
MAY 26, 2023
Temu is putting the arm on suppliers to reduce the costs of goods sold on its platform and it still loses an average of $30 an order even as it takes advantage of a loophole that allows up to $800 in duty-free shipments coming into the U.S.
Retail TouchPoints
MAY 26, 2023
During this Retail Innovation Conference & Expo sneak peek, Erica Vallecorsa sits down with Lindsay Mikos, Senior Director of Omnichannel Strategy & Programs at Walgreens. Lindsay will be speaking in the Retail Innovation Summit program agenda and will provide an inside look into what’s next for Walgreens, and how its team is prioritizing innovative tech to support omnichannel shopping experiences.
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.
Retail Wire
MAY 26, 2023
The peak season for imports, August through October, is expected to be up slightly over last year, which was flat from the year prior. “It would be good if this year’s peak season could be a bit better than ’22 considering there was no peak last year,” said Tim Scharwath, CEO of DHL Global Forwarding.
Retail TouchPoints
MAY 26, 2023
Performance apparel brand Canada Goose is continuing its retail expansion across the West Coast with plans for its first Los Angeles store, a permanent presence east of Seattle in Bellevue, Wash. and a second location in Las Vegas. The three new stores are part of the company’s plan, announced earlier this year , to more than double its current global store count by 2028.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
MAY 26, 2023
Since the collapse of health and beauty giant BWX earlier this year, a number of its brands and businesses have been sold to provide capital for the core business to rebuild itself. Zoe Foster Blake’s popular skincare brand Go-To is reportedly being shopped around by receivers KPMG, though the process has been slow , and Sukin could be next. However, the business’ digital brands, Flora & Fauna and Nourished Life, were snapped up relatively quickly – only a few weeks after BWX went under – b
Retail Wire
MAY 26, 2023
Walmart has added the University of Arkansas to its list of 26 colleges where employees can earn free degrees through its Live Better U (LBU) program. Participants in the program are promoted at twice the rate of Walmart workers who do not participate.
Dezeen
MAY 26, 2023
Local studio EBBA Architects has designed a store for eyewear brand Cubitts that preserves and draws on the original 1930s interior of the traditional F Cooke restaurant on London's Broadway Market. The restaurant, which sold cockney dishes such as jellied eel and pie and mash, had been located on the east London street since 1900 but was given a modernist update in the 1930s.
Retail Wire
MAY 26, 2023
Dollar Tree reduced its full-year forecast as the retailer sees its customers eschewing discretionary purchases for low-margin consumables and other everyday staples. The company also said that shrink, products lost to damage, theft and other factors) continues to weigh on its profitability.
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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.
Retail Dive
MAY 26, 2023
The beauty retailer, with Q1 sales growth topping 12%, said it’s investing in security guards and police presence in parking lots to deter crime.
Retail Wire
MAY 26, 2023
Americans were paying $5 a gallon on average for gas in early June last year. The average price for a gallon of gas heading into Memorial Day weekend is $3.50. Industry experts expect prices to remain steady through the summer months.
Retail Times
MAY 26, 2023
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Leading accessible health and beauty retailer, Superdrug, has today announced that it is reducing the price of its Own Brand suncare range Solait by 20%. The announcement comes after months of rising pressure on the government to remove the VAT on suncare, as the category should be deemed a healthcare essential and not a beauty […] If you want more
Cisco Retail
MAY 26, 2023
It’s evident from the amount of news coverage, articles, blogs, and water cooler stories that artificial intelligence (AI) and machine learning (ML) are changing our society in fundamental ways—and th… Read more on Cisco Blogs
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 Dive
MAY 26, 2023
The number is up from a previous estimate of 60 locations and will save up to $40 million, according to parent company Genesco.
Cisco Retail
MAY 26, 2023
Unlock more value from Meraki Dashboard By leveraging the power of APIs, you can extend the functionality of the Meraki dashboard — automating tasks, integrating with other services, and creating… Read more on Cisco Blogs
Retail Dive
MAY 26, 2023
The NCAA athlete’s name, image and likeness deal with the brand will include marketing, social media, events and a limited-edition product bundle.
Retail Times
MAY 26, 2023
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Central Co-op has a culture that both encourages and celebrates Difference Makers across the Society – including annual Difference Maker Awards and ongoing recognition for the brilliant value they bring. The colleagues featured below embody the spirit of this culture by bringing about a step change for inclusion and diversity in the workplace to be [R
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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 Dive
MAY 26, 2023
The dollar chain is seeing a pullback on discretionary purchases, while Hilco Streambank seeks a buyer for the discount home retailer’s assets.
A1 Retail
MAY 26, 2023
Railpen has announced Tommy Hilfiger and Calvin Klein have signed at Caledonia Park, Scotland’s premium designer outlet village, following a record-breaking first quarter for the destination. Global designer lifestyle brand, Tommy Hilfiger, will occupy a 5,000 sq ft store, with Calvin Klein in 4,100 sq ft, both positioned in prime locations within Caledonia Park and due to open this year.
Retail Dive
MAY 26, 2023
Qurate Retail said the move will help strengthen and optimize its brand portfolio as part of a larger turnaround strategy.
Rain Pros
MAY 26, 2023
In the ever-evolving retail sector, one element remains a crucial determinant of success – customer experience (CX). As customers grow more discerning and expect more personalized, seamless shopping journeys, enhancing your retail customer experience becomes paramount. This blog explores the best practices for optimizing retail customer experience, helping you foster customer loyalty and gain a competitive edge.
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 Dive
MAY 26, 2023
Major cost cuts, including the elimination of some 2,300 jobs in recent months, are helping stabilize the bottom line.
Shopping Center
MAY 26, 2023
San Diego — Beta Agency has arranged the $5.8 million sale of a freestanding retail property located in San Diego. CVS/pharmacy occupies the 16,972-square-foot building. Adam Friedlander of Beta represented the… The post Beta Arranges $5.8 Million Sale of Freestanding Retail Property in San Diego appeared first on Shopping Center Business.
Retail Times
MAY 26, 2023
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Despite the challenges of high inflation rates, labor shortages, and disruptions in the supply chain, the top 25 publicly traded global retailers achieved a remarkable year-on-year (YoY) revenue growth of 7.1% to $3.5 trillion in 2022.
Shopping Center
MAY 26, 2023
Torrance, Calif. — NAI Capital Commercial has brokered the $6.7 million sale of Sylvia Square, a retail strip center located in Torrance. Built in 1974, the property comprises 15,234 square feet.… The post NAI Arranges $6.7 Million Sale of Retail Center in Torrance, California appeared first on Shopping Center Business.
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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.
Retail Times
MAY 26, 2023
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Co-op has announced that it is set to expand its popular Goose Island frozen food range with the launch of two new exciting pizza flavours, taking the total number of products in the collaboration to seven. New additions to the bar snacks range include a Double Pepperoni Pizza (515g) and BBQ Cheese Feast Pizza (510g), […] If you want more informati
Shopping Center
MAY 26, 2023
Hingham, Mass. — Newmark has brokered the $45.2 million sale of Lincoln Plaza, a 127,505-square-foot shopping center located in Hingham, approximately 20 miles outside Boston. A 68,087-square-foot Stop & Shop grocery… The post Newmark Brokers $45.2 Million Sale of Shopping Center in Metro Boston appeared first on Shopping Center Business.
Retail Times
MAY 26, 2023
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Dougall Group has announced it be opening a Morrisons Daily franchise in the Wood Wharf area of London’s Canary Wharf. The new store is the fifth in the Group’s portfolio and will open on 1st June 2023 in the Harbord Square development and is situated close to the Wood Wharf NHS Health Centre.
Shopping Center
MAY 26, 2023
New York City — Global Net Lease (NYSE: GNL) and The Necessity Retail REIT (NASDAQ: RTL) have entered into a merger agreement under which GNL will acquire RTL in an all-stock… The post Global Net Lease to Acquire Necessity Retail REIT, Creating $9.6 Billion Shopping Center Company appeared first on Shopping Center Business.
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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