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Organized retail crime (ORC) is a growing concern for retailers of all sizes. Groups of professional thieves are systematically targeting retail establishments to steal easily resold merchandise such as pharmaceuticals, groceries, diapers and beauty supplies. The value of each hit is intentionally kept small enough to avoid attracting attention from law enforcement, but add it all up and the cost to the industry is enormous.
Australian Christmas retail sales are predicted to exceed $60 billion, despite the impact of inflation and cost of living problems, according to research from the National Retailers Association (NRA). Covering the pre and post-Christmas shopping periods, that figure would represent a 3.9 per cent increase over last year. Quoting the organisation’s Consumer Sentiment Report, interim NRA CEO Lindsay Carroll said buyers are preparing for the holiday shopping season by modifying their spending
Deliveries from more than 2,000 Rite Aid stores in 16 states will be powered by the Grubhub Marketplace , making thousands of the retailer’s OTC, wellness products and snacks more accessible to consumers. Rite Aid items are now available on the Grubhub+ membership program, which offers no-fee deliveries on orders of $12 or more. Additionally, National Retail Solutions (NRS) , which provides point-of-sale and other store management solutions for more than 17,000 bodegas and neighborhood convenien
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.
The holiday season is known as a season for giving and spending time with family. As more households open their doors and host gatherings for their immediate and extended family, they are returning to some old spending behaviors. But with new dynamics — such as new digital channels, inevitable delivery delays and the rise of purpose-driven buying — come new opportunities for brands and retailers to reach parents and family members buying for baby.
Gap Inc. produced a one percent increase in same-store sales during the third quarter and adjusted earnings of 71 cents a share. The retailer warned that its fourth-quarter sales are likely to slow as inflation reduces consumers’ discretionary spending.
An estimated 166.3 million people plan to shop between Thanksgiving Day and Cyber Monday in 2022, representing 69% of all holiday shoppers, according to a survey conducted by the National Retail Federation (NRF) and Prosper Analytics. This would be nearly 8 million more people than in 2021 and the highest estimate since NRF began tracking the data in 2017.
An estimated 166.3 million people plan to shop between Thanksgiving Day and Cyber Monday in 2022, representing 69% of all holiday shoppers, according to a survey conducted by the National Retail Federation (NRF) and Prosper Analytics. This would be nearly 8 million more people than in 2021 and the highest estimate since NRF began tracking the data in 2017.
Retailers are offering big discounts in the lead-up to Christmas on a wide variety of discretionary purchase items. That doesn’t mean that the items are cheap, however, as many are more expensive this year due to inflation.
Canadian premium outerwear brand Nobis has launched a new peer-to-peer resale program, NEXT by Nobis , in partnership with Recurate. “Nobis has long been committed to creating durable, high-quality performance outerwear that will take our consumer from season to season and will stand the test of time,” said Robin Yates, Co-founder and VP of Nobis in a statement.
Walmart outpaced expectations in the third quarter and Target did not. The difference comes down to each chain’s grocery business. Walmart generates 56 percent of its sales from groceries and Target about 20 percent.
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
Underserved small business communities have a much harder time when it comes to getting funding. Whether it is women or other minorities, this particular issue has created a big problem for these communities. This has resulted in local, state, and federal governments as well as private organizations establishing grants to provide the funds. If you have a black-owned business in the service sector, you can apply for the Kinetic Business by Windstream Black Business Support Fund Grant.
Crowdfunding campaigns have recently emerged as a way to secure funding for projects and businesses. A successful crowdfunding campaign can be incredibly useful as a way to gain investment for your business and attract customers. There are a few different types of crowdfunding that could be the right fit for business startups, and we’ll look at each one in more detail for this article.
Iceland has unveiled a new film worthy of a Royal premiere. The Turkey Crown. A retelling of Netflix’s The Crown. Inspired by real life events – the current turkey shortage – Iceland has promised to guarantee a bird fit for royalty this Christmas, a move which is celebrated in the re-worked credits. Its mouth-watering visuals are set to music reminiscent of the opening of the Netflix series, transforming the humble festive turkey crown into a majestic feast – all without a scandal in
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.
While it may seem like a trivial item, a desk calendar is an important part of your day! It’s often the first thing you see when you reach your desk and the last thing you see when you leave. A desk calendar not only keeps you aware of the date, but it is also often a place to write notes and ideas, keep appointments, and lots more. Desk calendars can also protect your desktop – they are an extra layer that can prevent liquid from seeping onto the desk surface.
Design studio Perron-Roettinger has created a pop-up shop for Kim Kardashian 's skincare and homeware brand SKKN in Los Angeles that showcases its products in a physical space for the first time. The minimalist pop-up store, which is located inside Los Angeles shopping mall Westfield Century City, was designed using a limited material palette in a nod to the brand's pared-back design.
The fast-fashion giant Zara is next facing a two-day strike planned for next week that will include Black Friday. A regional union, CIG, plans to have its members strike the chain’s 44 stores in its hometown of A Coruna, Spain.
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.
Krispy Kreme has agreed to pay nearly $1.2 million in back wages and damages to 56 workers for failing to pay overtime. The doughnut chain disputes the case brought against it and said its decision to settle is not an admission of wrongdoing on its part.
Daydreaming about warm weather and beach days? Well you can experience the real deal at Surf Expo , the world’s premier watersports and beach lifestyle trade show. Gathering at the Orange County Convention Center in Orlando, Florida on January 4-6, 2023 , this is a prime opportunity to get your store ready for the upcoming summer season. . Bigger & Better Than Ever Before.
Crocs is releasing a new clog styled by sneaker designer Salehe Bembury. It marks the first time that the brand has released a shoe that is not in its classic clog mold.
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.
by Eric Linxwiler. It has been a banner year for private labels. Inflation and the rising cost of living have changed how consumers shop, leading more to turn to store brand alternatives to save money. More than 87 percent of consumers are now opting to buy private labels at least some of the time, and among those shoppers, 90 percent say private labels provide better value for the money.
Elon Musk issued an ultimatum to Twitter workers demanding that they sign a pledge to work harder or leave their jobs. Hundreds are reported to have taken Mr. Musk’s offer of three months’ severance rather than continue working for him. Unverified reports claim that the combination of workers laid off or quitting has left the social media site with skeleton crews in many departments.
Target (Minneapolis) has lost $400 million in profit this year due to inventory shrink, a figure that could balloon to $600 million by the end of the fiscal year, the retailer said during its third quarter earnings call. The company cited organized shoplifting as a significant driver of those losses. Target said it’s responding by making investments in staff training and implementing new anti-theft measures, though it didn’t elaborate on those initiatives. “It’s obviously not s
Amazon.com confirmed that it has begun laying off workers and that job cuts will continue into 2023. Andy Jassy, Amazon CEO, wrote in a letter to staff, “Our annual planning process extends into the new year, which means there will be more role reductions as leaders continue to make adjustments. Those decisions will be shared with impacted employees and organizations early in 2023.”.
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.
Multi-Michelin-starred chef and TV personality Gordon Ramsay continues to make his mark in Las Vegas by opening his sixth restaurant there with Caesars Entertainment. Located in Caesars’ Harrah Las Vegas is the 244-seat Ramsay’s Kitchen, a concept inspired by his travels abroad. “I can’t wait to introduce one of my newer restaurant concepts and the first of its kind on the West Coast to Harrah’s guests,” Ramsay said in a news release. “The menu features some o
Asda Pudsey customers will be able to pick up their favourite from a rotating range of freshly poured tipples after Craft on Draft, the fresh craft beer, cider and cocktail concept opened at the Asda Pudsey store in Leeds. Shoppers in Pudsey, Leeds, can now sample from a menu of 12 regularly changing beers, ciders and cocktails whilst seeking expert advice to find something that perfectly suits their tastes.
Gap Inc. (San Francisco) said it is taking a $53 million write-off on its investment in Yeezy, a fashion line created controversial artist Ye (formerly Kanye West). That figure was disclosed in the specialty apparel company’s financial results for its third quarter ended Oct. 29, 2022. Gap executives made no comment related to the charge in the news release on the results.
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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