Shopperations
MARCH 11, 2024
The world of shopper marketing is dynamic and getting more technical and complex by the day. To help us make sense of it all, many of us seek opinions and advice from the industry experts and option leaders.
Inside Retail
MARCH 11, 2024
Credible reports suggest The Body Shop Australian business is facing a cashflow crisis as a result of the collapse of the UK parent company. The Body Shop operates about 100 stores in Australia and is said to be the most profitable international arm of the stricken business. However since the UK parent entered bankruptcy last month, the Australian subsidiary – and others around the world – have become creditors and their access to funds has been cut off.
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Retail TouchPoints
MARCH 11, 2024
The associates at a Patagonia store in Reno, Nev. have voted to join the United Food and Commercial Workers (UFCW) Local 711 , marking the first successful unionization effort at a Patagonia store. Along with the Retail, Wholesale and Department Store Union (RWDSU), the UFCW has been making inroads at other outdoor retailers recently, organizing nine REI locations across the U.S. with the RWDSU and five Vertical Endeavors climbing gyms in Minnesota.
Inside Retail
MARCH 11, 2024
While Australia has its own unique retail ecosystem, the ripples of what happens in the US often hit our shores. That typically includes the ‘Super Bowl of advertising’: the actual Super Bowl. Along with the usual celeb-studded ads, this year there was something else that made people take note. Chinese-based online marketplace Temu had not one, but two ads in the main game broadcast on CBS with a total of six ads during the game day.
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
MARCH 11, 2024
Telecoms companies are phasing out old 3G networks in favor of newer, faster 5G systems, which could leave owners of older mobile phones without service. Vodafone has already made the switch, leaving behind 3G in favor of more advanced 4G and 5G services.
Inside Retail
MARCH 11, 2024
Aje has removed 20 head office positions as part of the company’s strategic review amid challenging market conditions. “This thorough review found opportunities for us to streamline and simplify many parts of our business and to reduce the duplication of roles that will ensure we are operating in the most efficient way moving forward,” Aje co-founder and CEO Adrian Norris told Inside Retail. “As a result of this, we have made the difficult decision to reduce roles at head
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
MARCH 11, 2024
Consumer groups have welcomed the Federal Government’s initiative to open a consultation on the draft legislation to regulate the Buy Now, Pay Later (BNPL) sector in the same way as other credit providers. BNPL adds as much as $18.4 billion to Australia’s gross domestic product, Assistant Treasurer and Minister for Financial Services Stephen Jones.
Retail TouchPoints
MARCH 11, 2024
Macy’s, Inc. has appointed Michael Krans as VP of Macy’s Media Network , where he will oversee the company’s in-house media business dedicated to connecting advertising partners with Macy’s and Bloomingdale’s customers. Krans, who will report to Chief Customer and Digital Officer Max Magni, joins Macy’s following his most recent role leading the fashion team at Walmart ’s media division, Walmart Connect.
Inside Retail
MARCH 11, 2024
The Albanese government will abolish almost 500 so-called “nuisance” import tariffs from July 1. Items set to become tariff-free include toothbrushes, hand tools, fridges, dishwashers, clothing, and menstrual and sanitary products. The tariff on such products is 5 per cent. The cost to the budget has not yet been announced, partly because the plan is subject to consultations.
Retail TouchPoints
MARCH 11, 2024
H&M Group , Vargas Holding and TPG Rise Climate have launched Syre , with the goal of providing recycled polyester yarn that’s equivalent in quality to virgin yarn but has less impact on the planet. The retailer has an offtake agreement with Syre worth $600 million over seven years that will cover a significant share of H&M Group’s long-term need for recycled polyester (rPET), which is currently primarily sourced from bottle-to-textile upcycling.
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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 Wire
MARCH 11, 2024
The pioneering vegan beauty brand closed their stores on March 1, 2024.
Retail TouchPoints
MARCH 11, 2024
DoorDash has launched a Made by Women platform designed to champion female chefs and restaurateurs and provide access to marketing, educational and financial resources. To inaugurate the program, the Made by Women Grant program , in partnership with the digital networking platform for women, Monday Girl , will provide 15 grants of $10,000 to Canadian women-owned restaurants.
Retail Wire
MARCH 11, 2024
The doughnut chain's customers are the lucky ones on St. Patrick's Day.
Inside Retail
MARCH 11, 2024
Last week a panel of fashion industry experts including Jenny Child, Lesleigh Jermanus, Margie Woods and Şener Besim gathered for the annual 2024 Australian Business Fashion Lunch as part of PMFF programme. The panel representing some of the best in Australian premium and luxury fashion (Oroton, Alemais, Victoria & Woods and Şener Besim) discussed a multitude of subjects concerning the fashion industry today, including counterfeit products and the customer experience.
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 Wire
MARCH 11, 2024
A federal judge in Texas has halted a new regulation from the National Labor Relations Board (NLRB) aimed at easing union formation for millions of workers at major corporations.
Inside Retail
MARCH 11, 2024
Are you ready to sell through other channels? It’s easier and smarter than it seems to become a dropship supplier in Australia. Dropshipzone is a solution for traditional suppliers scaling across stores. But it’s also a solution for retailers wanting to sell products through other retailers. If you’re selling online, you could be a dropship supplier.
Retail Wire
MARCH 11, 2024
In the realm of global manufacturing, China faces hurdles from geopolitics and fierce competition. Despite these challenges, its manufacturing sector stands strong, thanks to a robust supply chain framework and strategic policies driving industrial growth.
Inside Retail
MARCH 11, 2024
Mike Ashley’s Frasers Group has decided to put UK-based luxury e-commerce platform Matches into administration, less than three months after buying the firm for US$64 million. Frasers told Retail Gazette that the business consistently missed its targets and continued to make material losses. “Whilst Matches’ management team has tried to find a way to stabilise the business, it has become clear that too much change would be required to restructure it and the continued funding requirements w
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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 Wire
MARCH 11, 2024
Reddit Inc. has revealed intricate details about its upcoming initial public offering (IPO), aiming to raise a hefty $748 million. In a mundane filing on Monday, the social media giant disclosed plans to offer 22 million shares, priced between $31 and $34 each. The bulk of these shares, approximately 15.3 million, will be sold by Reddit itself, while the remaining will come from existing shareholders, primarily Reddit employees.
Hyken
MARCH 11, 2024
This episode of Amazing Business Radio with Shep Hyken answers the following questions and more: How can businesses create experiences that get repeat business and nurture brand loyalty? How can businesses think outside the box to create fan-like loyalty among their customer base? What lessons can companies learn from the legendary rock band, Van Halen, in creating loyal customer followings?
Retail Wire
MARCH 11, 2024
In a recent announcement, Airbnb declared a global ban on indoor security cameras within its listings. Previously, hosts were permitted to install indoor security cameras in common areas, as long as they were openly disclosed on the listing page and placed in visible locations. However, the new policy categorically prohibits indoor security cameras in any part of the property, irrespective of prior disclosure.
365 Retail
MARCH 11, 2024
Fenwick has initiated the first phase of its ambitious renovation plan for its flagship Newcastle store, with activities commencing in March. This renovation is a component of a £40 million investment strategy aimed at modernising and preparing the store for future generations. Mailen Design has been tasked with the careful and thoughtful redesign of the store’s original 1880s façade.
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 Wire
MARCH 11, 2024
The Powerball jackpot climbed to a staggering $521 million after nobody claimed the grand prize in Wednesday's drawing. Saturday's drawing took place just after 11 p.m. EST, with the winning numbers announced shortly after.
Retail Gazette
MARCH 11, 2024
Primark is raising the hourly rate for thousands of store staff by 9.1%. The fashion retailer said it was increasing the average rates for all retail assistants in London to £12.56 and to £12 for those based across England, Scotland and Wales. The pay rise, effective April 1, applies to its 27,000 store employees following the news last year it was scrapping its age-related pay rates for under 23s.
Retail Wire
MARCH 11, 2024
Despite the trend being a price hike for most restaurants in California due to the rise in the state's minimum wage for fast-food workers, one chain is committed to keeping prices where they are for customers.
Retail Gazette
MARCH 11, 2024
Superdry is in talks with existing lender Hilco about a new multimillion pound loan as it seeks financial headroom amid its turnaround programme. The fashion retailer is understood to be in negotiations with its lender to borrow £10m or more in a bid to return to more stable footing, Sky News reported. The loan will sit on top of an existing £100m existing debt facility, the majority of which was extended by Bantry Bay.
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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 Wire
MARCH 11, 2024
Gas prices are on a rapid rise this year and we haven't even got to spring yet, but experts say there is no reason to panic just yet.
Retail Gazette
MARCH 11, 2024
M&S boss Archie Norman has labelled the Bank of England’s interest rate rises as “totally ineffective,” as he said most price changes had been out of its control. The chairman argued that the most intense UK cycle of interest rate rises since the late 1980s “didn’t actually reduce inflation very much” He insisted that falling inflation rates had little to do with the Bank of England’s measures and were related more to wider economic trends.
Theatro
MARCH 11, 2024
Before we get into the details of Generative AI and the buzz around it, lets answer some common questions. What is AI? What’s the difference between all of these different kinds of AI? How can I use Generative AI for Retail? Understanding Conversational (Standard) AI Conversational AI serves as a technology facilitating seamless interactions between machines and humans, mimicking natural dialogues.
Retail Dive
MARCH 11, 2024
The retailer confirmed it has ended a recent test of the checkout technology at a Neighborhood Market store in Bentonville, Arkansas.
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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