Mon.Jun 17, 2024

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Retailers: Why You Should Have FOMO About Card Linked Offers

Retail TouchPoints

Technology has permeated every aspect of customer loyalty, providing brand marketers with more tools to engage customers. Today, marketing programs are more comprehensive and measurable than ever, inclusive of apps, social media accounts, finely tuned promotions, influencer collabs, gift cards and more. With increased channels comes an increased pressure to prove return on ad spend, which is now more difficult due to an overload of data but unclear metrics to demonstrate success.

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Chatime Australia boss appointed global CEO

Inside Retail

Chatime Group Australia CEO Carlos Antonius is taking on the newly-created global CEO position from 1 July 2024. Worldwide Chatime has more than 1,500 locations and in his new role Antonius will oversee the bubble tea brand’s development, with a target of nearly-doubling the footprint with 1000 more outlets within three years. The appointment to global CEO comes as Chatime’s new brand refresh initiative rolls out internationally.

Marketing 290
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How Albertsons’ Digital Tools Help Relieve the ‘Cognitive Load’ of Food Shopping and Prep

Retail TouchPoints

People think about food an average of 226 times a day, according to research by Albertsons. Even accounting for food’s essential nature, that’s a lot of thoughts — but when you factor in everything that goes into the planning, shopping and preparing of all of the day’s meals, it starts to make a lot of sense. Albertsons’ Jill Pavlovich at CommerceNext.

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Retailers face rising risk of cybercrime. Here’s how to lock your digital doors

Inside Retail

Every six minutes a cybercrime is reported in Australia, with the average cost of an attack to a small business owner around $46,000. Enter Cyber Wardens, a free online training program launched by the Council of Small Business Organisations Australia (COSBOA), supported by the Australian Government and an industry alliance led by Telstra, CommBank and the Australian Cyber Security Centre.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

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US Sues Adobe for Deceptive Subscription Practices

Retail Wire

The U.S. government has initiated legal action against Adobe, alleging that the company has engaged in deceptive practices related to its subscription services. According to the Department of Justice (DOJ), Adobe has intentionally obscured the terms and fees associated with its subscriptions, making it difficult for consumers to cancel without incurring significant charges.

Consumer 264
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Why slow fashion brands are closing hard and fast in the cost-of-trading crisis

Inside Retail

It’s no secret that the cost-of-living crisis and the cost-of-trading crisis are crippling the retail industry with both consumers and businesses feeling the crunch. But the recent wave of sustainable businesses closing their doors in Australia hints at a new and alarming trend. Slipper specialist Monte, fashion label Arnsdorf and blanket manufacturer Seljak Brand have all announced that they are closing down in the last few months.

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More Trending

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Meet the Aussie furniture brand that just opened a global flagship in NYC

Inside Retail

Harbour is a high-end Australian furniture and lifestyle brand making waves in luxury retail. It has showrooms across the US in Florida, Texas and California, and an international presence in China, South Korea and, of course, its home country of Australia. Earlier this year, it opened a global flagship on the corner of Madison Avenue and E 27th Street in New York City.

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Beyond Restructures Leadership, Again, as Lemonis Takes More Active Role

Retail TouchPoints

Beyond has reconfigured its C-suite, including recognition of an “increasingly active” role for Executive Chairman Marcus Lemonis. The company, which owns the Overstock, Bed Bath & Beyond and Zulily brands, also will eliminate its co-Chief Executive roles and dual Chief Merchant roles. Beyond has streamlined marketing and merchandising functions across all three of its brands under Dave Nielsen, who has been appointed President, overseeing marketing, merchandising and supply chain functions

Returns 259
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YouTube Tests Crowdsourced ‘Notes’ Feature

Retail Wire

YouTube is rolling out a new experimental feature called "Notes," designed to allow users to add contextual information to videos.

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Tractor Supply Leverages Pricing Optimization Solution

Retail TouchPoints

Tractor Supply Co. will deploy the Base Price and Markdown pricing solutions from Revionics , an Aptos Company , to help scale optimized pricing across its 2,200 stores and ecommerce site. The rural lifestyle retailer has been a Revionics customer since 2010. “Tractor Supply is focused on providing customers with what they need at the everyday low prices they deserve,” said Matt McGrath, VP of Pricing, Events and Presentation at Tractor Supply in a statement.

Markdowns 243
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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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American Airlines Passenger Sued for $81K by FAA After Duct-Tape Incident

Retail Wire

The incident with the American Airlines passenger occurred in 2021.

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Instacart Expands Retail Media Partnership with Google to Enable Shoppable Ads on YouTube

Retail TouchPoints

Instacart has made advertisements on YouTube shoppable for CPG companies, leveraging its first-party data about consumers to identify and reach high-intent shoppers and receive closed-loop measurement on their campaigns. Consumers viewing these ads can click directly to an Instacart product page to buy the featured items for same-day delivery. Clorox and Publicis Media are the first two participants in the YouTube pilot program, which extends Instacart’s broader retail media collaboration with G

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Supreme Court Rules Against Starbucks Union in Landmark Case

Retail Wire

The Supreme Court ruled against the Starbucks union.

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WHP, Simon, Brookfield Unite Under Phoenix Retail Banner to Acquire Express

Retail TouchPoints

The new joint venture between brand management firm WHP Global and mall owners Simon Property Group , Brookfield Properties and Centennial Real Estate — formed for the purpose of buying beleaguered mall brand Express, Inc. — now has a name: Phoenix Retail. The partners came together in April 2024 with a buyout offer for the fashion retailer — which includes the Express , Bonobos and UpWest brands — following Express’ Chapter 11 bankruptcy filing.

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How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.

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Adidas Launches Large-Scale Bribery Probe in China

Retail Wire

Adidas has launched the probe after a whistleblower report.

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Is travel retail still relevant?

Inside Retail

In recent years, there has been a distinct decline in travel retail. Duty-free is no longer alluring when domestic and international e-commerce options are so convenient and competitive. Covid-19, understandably, caused a huge downward spike for the wider industry (about 70 per cent). And while revenues and traffic are recovering, the industry isn’t expected to return to pre-Covid levels until next year.

Shopping 130
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Black Entrepreneurs Innovate With Custom ChatGPTs To Offer Personalized User Experience

Retail Wire

Over the past year, several chatbots and customized versions of ChatGPT created by Black entrepreneurs have emerged. These innovations are particularly tailored to serve the needs of Black and Brown communities.

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Decathlon UK plunges into loss as it invests £10m in transformation

Retail Gazette

Decathlon UK made a £2m loss last year after it ploughed £10m into transformation initiatives. The group said its performance was aligned with expectations, as revenue dropped 5% at the sports retailer over the year, and comparable store sales dipped 2.5%. However, the sales fall comes on top of strong growth in previous years, with sales up 25% in 2021 and 6% last year.

Wholesale 116
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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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Tesla Files Lawsuit Against Former Battery Supplier

Retail Wire

Tesla has taken legal action against its former supplier, Matthews International, accusing the Pittsburgh-based company of misappropriating trade secrets related to Tesla's battery-manufacturing technology.

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Morrisons strikes called off as workers win pension dispute

Retail Gazette

Strikes at Morrisons warehouses have been called off as hundreds of the supermarket’s warehouse and logistics workers accepted new terms and conditions The workers had been taking part in strike action over proposed changes to their pension contributions that would have left them hundreds of pounds a year worse off. Additional issues surrounding pay and conditions were also subject of the dispute.

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Canada Blocks Rare Earth Sale to China With Vital Metals Deal

Retail Wire

Canada's government has stepped in to purchase stockpiled rare earth materials from Vital Metals Ltd., preventing the small Australian firm from selling its production to a Chinese buyer.

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Luxury furniture retailer Oka plots CVA

Retail Gazette

Upmarket interiors brand Oka is planning to launch a company voluntary arrangement in a bid to stave off insolvency. The retailer went to court on Friday (14 June) to seek approval for a CVA that would involve closing one of its 13 stores, Sky News reported. The proposal, which requires the approval of creditors, come after founder Lady Astor – the mother-in-law of David Cameron – stepped down from the company’s board.

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A Blueprint for B2B Commerce

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.

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McDonald’s Stops AI Drive-Thru Order Testing

Retail Wire

McDonald’s is pulling the plug on its AI-driven drive-thru ordering experiment for now.

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Tesco installs anti-theft smoke machines at high-risk stores

Retail Gazette

Tesco has introduced smoke machines in some of its stores to prevent people from stealing goods outside of opening hours. The supermarket chain uses 4ft-high security devices in some shops it claims are at high risk of burglary, The Sun reported. The machines, which are brought on to the shop floor of several branches in London after they have closed, will flood the shop floor with dense fog if its motion sensors are activated.

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Rising RV Sales Indicate Positive Economic Trends

Retail Wire

Settling into a familiar flow, the RV industry is not only getting back into gear but also reaffirming its function as an economic indicator.

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Adidas investigates corruption allegations in China

Retail Gazette

Adidas is investigating claims of large-scale bribery in China after it received a whistleblower complaint that accused senior staff of embezzling “millions of euros”. The anonymous letter, which claims to have been written by “employees of Adidas China”, names several members of staff including a senior manager involved with the marketing budget for the country, which is said to stand at €250m a year, The Financial Times reported.

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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

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Express, Bonobos bought out of bankruptcy for $174M

Retail Dive

A newly formed joint venture between WHP Global and mall owners Simon, Brookfield and Centennial will keep 450 stores open and 7,000 jobs intact.

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In The Style launches collection with Tesco’s F&F

Retail Gazette

In The Style has partnered with Tesco to launch a new in-store collection. The fashion brand has teamed up with the grocer’s in-house label F&F for a new 22-piece summer clothing collection, which will be available in sizes up to 22, with prices starting at £12.50 to £39.50. It will be available to buy in more than 300 Tesco supermarkets stores across the UK from June 20, Retail Week reported.

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Athleta buys first TV ad ahead of Paris Olympics, featuring Simone Biles

Retail Dive

Biles and fellow Olympian Katie Ledecky, who are both members of Athleta’s Power of She collective, will also appear in digital and out-of-home creative.

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Unlocking exceptional customer experience in retail

Retail Customer Experience

Research reveals consumers are willing to pay a premium for products from companies that demonstrate a deep understanding of and care for their customers.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!