Mon.Feb 19, 2024

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Taylor Swift offers a masterclass in marketing. Here’s what retailers can learn

Inside Retail

You don’t have to be a marketing expert to know that Taylor Swift is a bulletproof brand that consistently improves, regardless of the challenges she faces or the challenges she sets for herself. While many marketers and brand managers excel at designing creative initiatives and strategies, what sets Swift apart is her vision, long-term perspective, and, perhaps most importantly, her ability to transform challenges and crises into a powerful engine for purposeful and inspiring collective g

Marketing 290
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Ecommerce Marketing Lessons from Q4 2023 

Retail TouchPoints

Last year was an uncertain one. Though many of the economic indicators were excellent, including the low unemployment numbers and strong GDP growth, there was a lot of uncertainty in the market throughout the year. In the martech ecosystem, publishers continued to feel the pains after the COVID-19 bump. Still, I believe that had more to do with the sustained consolidation of ad budgets on the major platforms as marketers reallocated marketing spend in the post-IDFA (identifier for advertisers) a

Marketing 278
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Retail Food Group books lower revenue in first half

Inside Retail

Retail Food Group swung to a net income despite lower revenue in the fiscal first half, thanks to an increase in average transaction value and the company’s acquisition of Beefy’s Pies. RFG’s net profit stood at $5.1 million while revenue fell 1.4 per cent year over year to $61.9 million during the six months ended December 29 last year.

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Capital One Eyes Discover Financial Merger

Retail Wire

In a potentially massive move for the credit card industry, reports suggest that Capital One is contemplating acquiring Discover Financial. If this deal goes through, it would merge two of the country's biggest credit card giants, creating a behemoth in the sector.

Finance 264
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Get MACH Ready: Preparing Your Business for Digital Transformation

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.

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The Iconic launches brand campaign following fraud scandal

Inside Retail

The Iconic has launched a new branding campaign over a month after the online fashion retailer found itself in defence mode due to fraudulent transactions made via customers’ accounts. The company created the ‘Got You Looking’ tagline in partnership with Dentsu Creative and Love Media, with the intent to urge viewers to take a second look at the brand. “Twelve years ago, we set out to disrupt retail in Australia and New Zealand by creating a better way for people to shop,

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Molson Coors Workers in Fort Worth Walk Out

Retail Wire

In Fort Worth, Texas, workers at the Molson Coors brewery have commenced a strike. These employees, represented by Teamsters Local 997, began picketing outside the brewery over the weekend. The bone of contention? A new three-year contract for the 420 workers involved in the production, packaging, and warehousing of the company’s beverages.

ATS 246

More Trending

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Red Lobster’s Lobsterfest Returns For 2024

Retail Wire

Red Lobster is making waves with its grand Lobsterfest comeback, bringing joy to lobster enthusiasts nationwide. The renowned seafood chain has unveiled a tantalizing offer, giving 150 lucky customers the chance to indulge in an endless lobster feast.

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Upmarket Italian delicatessen brand, Prezzemolo & Vitale, rolls out Pricer’s in-store automation solution to its London stores

Retail Focus

Leading high-end Italian delicatessen brand, Prezzemolo & Vitale (P&V), has selected Pricer, the leading solution for digitally connected stores and the world’s most trusted electronic shelf label (ESL) vendor, as its provider of in-store automation and communication solution based on ESLs, rolling out digital shelf labels in all its London stores.

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Germany is Most Likely in a Recession

Retail Wire

Germany, the economic powerhouse of Europe, finds itself in troubled waters according to the latest report from the Bundesbank. The country's economy, battered by a series of challenges, is teetering on the brink of recession.

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Baby Bunting’s net income plunges amid cost of living pressures

Inside Retail

Baby Bunting booked significantly lower net profit in the fiscal first half as sales declined amid macroeconomic challenges and price competition. The baby products retailer’s net profit plunged 31.3 per cent year over year to $3.5 million as sales fell 2.5 per cent to $248.5 million. Earnings before interest, taxes, depreciation, and amortisation declined 12.6 per cent to $10.6 million while gross profit margin stood at 37.2 per cent. “Trading has tended to be softer outside promoti

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How Retailers Are Transforming Customer Experiences with Data & AI

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.

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Pesticides in Cheerios, Quaker Oats Linked to Infertility in Animal Testing

Retail Wire

Chlormequat was detected in 92 percent of oat-based foods purchased by Americans in 2023.

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From Marrakech to Jakarta, Seoul, Europe and beyond: Bacha Coffee goes global

Inside Retail

In a coffee culture dominated by global juggernauts, Bacha Coffee stands as a timeless emblem of rich tradition and unparalleled taste. Founded amidst the opulent settings of Marrakech’s Dar el Bacha palace in 1910, this Moroccan coffee brand has recently made waves with its ambitious expansion into new territories. The latest chapter in Bacha Coffee’s saga unfolded with the announcement of its inaugural ventures into Taiwan and the United Arab Emirates.

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Xpeng’s Ambitious Expansion Amidst Electric Vehicle Competition

Retail Wire

Xpeng, a electric vehicle (EV) manufacturer, is gearing up for a significant expansion. The company's CEO, He Xiaopeng, revealed plans to hire 4,000 new employees and invest heavily in artificial intelligence (AI) technology. In a letter addressed to the company's staff, Xiaopeng highlighted the fierce competition in the EV industry, likening it to a potential "bloodbath.

Planning 130
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From Saks to start-up: How this brand founder aims to change women’s health

Inside Retail

Many founders can relate to the phrase “necessity is the mother of invention”. But these words rang especially true for former Saks Fifth Avenue executive Lulu Ge, who turned to traditional Chinese medicinal treatments to deal with hormonal imbalance issues. Those experiences ultimately her to launch Elix Healing, the first menstrual wellness brand to combine Chinese medicine and clinical research for personalised herbal treatments for women’s hormonal health.

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Forrester Report: Demystifying The Technical Functions of POS Solutions

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.

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EU Launches Probe into TikTok Compliance

Retail Wire

The European Union (EU) has taken action, officially launching an investigation into TikTok's operations. This probe aims to scrutinize whether the social media giant is adequately safeguarding minors on its platform and assess other potential violations of the EU's Digital Services Act.

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The Iconic’s chief marketing officer on creating a campaign that turns heads

Inside Retail

This week, The Iconic hard-launched a new brand campaign to serve as a reminder, to consumers and itself, that the online retail platform is far from finished with disrupting and innovating the Australian and New Zealand retail industry. The campaign entitled ‘Got You Looking’ created by Dentsu and Love Media is a master brand approach, maybe even a masterclass, in retail marketing featuring bold images and videos.

Marketing 130
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Mark Zuckerberg’s Daughter Thought He Was a Cattle Rancher

Retail Wire

The Meta founder is raising cattle as a hobby, but his daughter believed it was his full-time job.

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How Amazon, Temu and Shein are disrupting Australian retail today

Inside Retail

Marketplace shopping has become mainstream in Australia, with 93 percent of consumers using platforms like Amazon, Catch and Temu to search, discover and purchase new products last year. The findings were revealed as part of Pattern’s sixth annual ‘Marketplace Consumer Trends Report – 2024,’ which studies Australian shoppers’ changing e-commerce habits and the latest marketplace trends.

Consumer 130
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Mapping Digital Transformation: Retail’s Strategic Shift

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

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Amazon Joins Companies Alleging US Labor Board is Unconstitutional

Retail Wire

Amazon Joins Companies Alleging US Labor Board is Unconstitutional

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Territory Pharmacy launches blister pack recycling program

Inside Retail

Territory Pharmacy has launched a state-wide blister pack recycling program, in partnership with TerraCycle. The program will accept empty blister packs and empty medication packs from all brands. It will initially start in 12 participating Territory Pharmacies and two regional health clinics before expanding into other locations. The company noted that only 60 per cent of the Northern Territory’s population has kerbside collection services while the majority of regional and remote communi

Location 130
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Lush settles legal dispute with ex-boss over share sale

Retail Gazette

Lush has settled a legal dispute with its former chief executive Andrew Gerrie over a blocked transfer of shares. The bath bomb specialist found itself in a row last year with Gerrie’s investment firm Silverwood Brands after the business sought to acquire a 19.8% stake – worth £216.8m – in Lush from the former boss and his wife, Alison Hawksley. The retailer blocked the transfer of shares to Silverwood as it said they did not match those previously offered to the remaining shareholders.

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OpenAI Will Now Allow You to Generate Videos Based on Verbal Prompts

Retail Wire

OpenAI Will Now Allow You to Generate Videos Based on Verbal Prompts

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The Personalization Playbook: 2024 Strategies

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.

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Currys: JD.com considers takeover bid as Waterstones owner Elliott reviews offer

Retail Gazette

Currys could soon find itself the centre of a bidding war as Chinese online shopping giant JD.com considers making a takeover offer and Waterstones owner Elliott reviews its bid. The Chinese ecommerce giant said on Monday that “it is in the very preliminary stages of evaluating a possible transaction that may include a cash offer for the entire issued share capital of Currys” It follows reports in The Telegraph, which said the two retailers have held exploratory discussions in recent

Consumer 110
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HGP Acquires Lincoln City Outlets in Oregon for $35.3 Million

Shopping Center

Lincoln City, Ore. — Horizon Group Properties (HGP) has acquired Lincoln City Outlets in Lincoln City for $35.3 million, in a joint venture with an entity doing business as LC Outlets… The post HGP Acquires Lincoln City Outlets in Oregon for $35.3 Million appeared first on Shopping Center Business.

Shopping 105
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Aldi lowers prices across fruit and veg range

Retail Gazette

Aldi has cut prices across its fruit and vegetable range to make “healthy and varied diets affordable for all” The discounter has lowered the price of selected fresh produce including apples, berries, carrots, chestnut mushrooms, grapes, tomatoes, onions, shallots, oranges and ready-to-eat salads. It marks the biggest round of cuts that Aldi has launched this year so far, representing around a quarter of the discounter’s produce range.

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Unlocking Retail Success: The Power of Proficiency, Productivity, and Profitability

Theatro

In today’s hyper-competitive retail landscape, the efficiency and productivity of frontline teams are essential to financial success. However, many frontline team members currently lack the tools necessary to make significant strides in these areas, leading to disengagement and a higher likelihood of job turnover. Theatro’s dedicated to Unlocking Retail Success.

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How Personalized Customer Experiences Drive Retail Growth and Revenue

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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Currys shares soar amid prospect of bidding war

Retail Gazette

A potential bidding war for Currys sent the retailer’s shares flying on Monday. Currys’ share price surged 36.4% to 64¼p after Chinese online shopping giant JD.com emerged as another potential suitor for the electricals chain. The emergence of its interest followed the tech retailer’s rejection of a £700m takeover bid by Waterstones owner Elliott on Friday.

Shopping 104
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Cisco Secure Access Accelerates SSE Innovation with AI, User Experience Monitoring, and Identity Intelligence

Cisco Retail

In a blog post last December, I said that the business and IT leaders with whom I meet always ask: How can I secure my highly distributed workforce, who gets more varied and decentralized all the… Read more on Cisco Blogs

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Today in Global Small Business: Celebrating U.S. Presidents Washington and Lincoln

LS Retail

©iStock/Gaurav Pandey What's affecting me, my clients, my colleagues and other global small business owners: Let's celebrate the birthdays of Washington and Lincoln. Happy Presidents' Day. Unified Payment Interface (UPI) goes global. How Project Arya – launched by a 15-year-old entrepreneurs – is set to make a significant impact. Quote of the week: "In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is n

ATS 86
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5 must-haves for your brand's loyalty program

Retail Customer Experience

Consider these five points when developing a winning loyalty program. Also find out where you can promote your brand's loyalty program for free.

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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.