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Programmatic advertising has revolutionized the media buying landscape, offering unprecedented efficiency and precision. In this beginner's guide, we delve into its impact on media buying and its significance in retail media.
Adore Beauty has agreed to acquire Blue Mountains-based beauty and wellness brand Ikou for $25 million. Ikou has more than 300 products across organic skincare, bath and body, home fragrance, herbal tea and spa lifestyle accessories categories. The brand also claims its products are organic, Australian-made, and cruelty-free. Ikou is profitable and debt-free and forecasts a revenue of $8.1 million and earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $2 million by the e
Lululemon , along with other existing and new investors, has participated in clothing recycler Samsara Eco’s latest US$65 million ($100 million) funding round. Samsara Eco said the investment will scale up its recycling capabilities as it seeks to build more commercial facilities in Southeast Asia in the next few years. The facilities will be designed to recycle millions of tonnes of plastic waste such as textiles and packaging into monomers, the molecular building blocks of plastics, to turn th
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.
Helly Hansen has opened at Galleria Shopping Plaza on Bourke Street, its first location in Melbourne. The new Melbourne store will showcase the brand’s latest resort ski range – Hod. The collection is designed with the company’s waterproof and weatherproof Helly Tech technology. The store opening follows the opening of a Mosman store in March.
Target and Walmart ’s white-label delivery solutions are picking up new retail partners: Target’s Shipt will offer same-day delivery for three Save Mart Companies banners in California and Nevada, and Walmart GoLocal has added its first athletic fashion brand in a new partnership with Hibbett. Save Mart Adds Same-Day Delivery for Food and Alcohol The Save Mart Companies has tapped Shipt, a wholly owned subsidiary of Target, to offer same-day delivery from its Save Mart , Lucky California and Fo
Target and Walmart ’s white-label delivery solutions are picking up new retail partners: Target’s Shipt will offer same-day delivery for three Save Mart Companies banners in California and Nevada, and Walmart GoLocal has added its first athletic fashion brand in a new partnership with Hibbett. Save Mart Adds Same-Day Delivery for Food and Alcohol The Save Mart Companies has tapped Shipt, a wholly owned subsidiary of Target, to offer same-day delivery from its Save Mart , Lucky California and Fo
In response to persistent profitability challenges and eroding margins, Walgreens announced on Thursday its decision to close a substantial number of underperforming stores across the United States. This strategic move is part of a broader multi-year footprint optimization program aimed at enhancing the company's overall efficiency and financial health.
Convenience store retailer Alimentation Couche-Tard will promote current COO Alex Miller to CEO and President, effective Sept. 6, 2024. Miller will replace Brian Hannasch, who will retire from these positions but remain as a special advisor to Miller and Alex Bouchard, Founder and Executive Chairman of the board. The company operates more than 16,700 stores in 31 countries under banners including Couche-Tard and Circle K Alex Miller “Couche-Tard has only had two CEOs during its almost 45 -year h
Hard launching in the UK with a localised site was pivotal for scaling Australian resort wear brand Bydee’s global operations to meet demand. To optimise the customer experience and business model Bydee’s UK site went live last week, with a few tweaks tailored to the northern hemisphere. E-commerce businesses are navigating new economic conditions that have seen reduced discretionary spending and the Covid-19 online shopping storms subsiding.
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
Elton John, known for his memorable fashion choices, is donating hundreds of items from his closet for an Ebay “ Rocket Man Resale ” auction, with all profits benefiting the Elton John AIDS Foundation. Bespoke Gucci jackets, Versace robes and customized Prada loafers will be featured along with affordable items like concert T-shirts and baseball caps in the 10 -day online auction that kicked off today.
Digital commerce has become increasingly complex, with endlessly diverse customer journeys and pressure on brands to meet rising consumer expectations. Retailers are grappling with ever-multiplying channels, and managing disparate touchpoints while trying to create a seamless, excellent omnichannel experience. The problem with omnichannel commerce, however, is that it often operates in silos and unconnected platforms.
In its latest move to combat the growth of discount Chinese shopping apps Temu and Shein , Amazon is reportedly planning to add its own China-direct section, according to The Information. Citing slides shown to Chinese sellers in a recent “closed-door meeting,” The Information reports that Amazon plans to launch a special section on its site featuring low-price unbranded items that ship directly from Chinese warehouses.
Levi Strauss & Co reported income of $18 million for the second quarter – a significant turnaround from the previous year’s $2 million loss – amid better performance in the Americas. The company reported $1.4 billion in sales for the three months to May 26, up 8 per cent on a reported basis and 9 per cent on a constant currency basis. In the Americas, revenue surged 17 per cent to $712 million, however sales were down by 2 per cent in Europe at $354 million.
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.
OMNI Retail Enterprises , which operates digital storefronts for brands including Pier 1 Imports, Dress Barn, Bodybuilding.com and Mentorbox.com , has named retail industry veteran Sharon Leite as its CEO. The former Vitamin Shoppe leader will be tasked with revitalizing the company’s retail, educational, health and wellness brands. Sharon Leite “OMNI’s brands are trusted by millions of consumers and have an incredible legacy,” said Leite in a statement.
Since Meta introduced its short-form video feature Reels on Instagram in 2020, it has been in a fierce battle with TikTok for users' engagement. However, two recent studies indicate that Reels are gaining traction and capturing the spotlight among social media enthusiasts.
The mall concept as we know it began in 1956 with the opening of the Southdale Center in Edina, Minnesota. The multi-store shopping centre steadily grew in popularity in the US, hitting peak popularity in the 1980s. However, in the past two decades, the American mall has been standing on shaky ground due to factors like the 2008 recession and, more recently, the butterfly effect of the Covid-19 pandemic.
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Shein has confirmed it will push through with a three-day pop-up in Perth, weeks after the fashion retailer announced the cancellation of the original event. The pop-up will open at Centenary Pavilion at Claremont Showground from July 5 to July 7. The pop-up will showcase Shein’s latest collections, including its autumn-winter apparel and accessories.
In celebration of National Ice Cream Day on July 21, NESCAFÉ, the world’s leading coffee producer, is offering espresso enthusiasts a unique chance to win a limited-edition NESCAFÉ® Affogato Kit. This exciting initiative draws inspiration from the recent TikTok affogato trend, which has garnered over 400 million views and nearly 24,000 videos. The classic Italian dessert, featuring a shot of hot espresso poured over vanilla gelato or ice cream, has captivated social media users with its simplici
Oakberry has quickly become synonymous with açaí in Australia. Renan Fretes Pinto, the CEO of the Australian, New Zealand, Indonesian and Pacific Island operations has led the charge in securing this market share. Now Oakberry has almost 50 locations in Australia after Fretes Pinto brought the Brazilian business to Bondi in 2018, starting with just one store that the team physically helped construct themselves to tackle a tight budget.
In a strategic move to bolster its portfolio, CVC Capital Partners Plc has announced its agreement to acquire UK-based infrastructure contractor M Group Services. This acquisition, expected to finalize in the third quarter of this year, represents another significant investment for the private equity firm. While the official statement did not reveal financial specifics, sources indicate that the deal values M Group at just over £1 billion ($1.3 billion).
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.
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Samsara, a leader in transportation and manufacturing solutions, introduced its latest innovation, the Asset Tag, at its annual user conference, Beyond. This new product aims to significantly enhance real-time visibility and management of industry equipment and tooling, addressing critical issues like loss, theft, and operational disruptions. Currently, the Asset Tag is available to customers across North America and Europe, offering a powerful tool for businesses seeking to enhance their asset
Boots’ US owner has shelved plans for a multibillion-pound sale for the second time. Walgreens, which has owned the health and beauty giant since 2014, abandoned plans as it cut its profit outlook and announced plans to close up to 700 US stores, as its share price fell to its lowest level since 1997. Boots however, was a standout performer for the business, as sales at retailer rose 6%, on top of a 13% increase in the prior year quarter.
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