Wiser
NOVEMBER 16, 2023
Wiser Solutions’ Digital Shelf Intelligence (DSI) serves as a powerful tool for brand manufacturers navigating the dynamic landscape of eCommerce. This product offers a wealth of actionable insights, arming businesses with the necessary data to make informed decisions and stay competitive. One of its standout features is its capacity to provide competitive pricing and promotions intelligence.
Inside Retail
NOVEMBER 16, 2023
Accent Group’s sales in the first 19 weeks of FY24 remained flat but the fashion and footwear company is still on track to open 70 new stores in the first half of the fiscal year. The company said that its owned retail sales went up 2.1 per cent while like-for-like sales declined 2 per cent. “Retail sales for the first 19 weeks have continued to be broadly in line with the -1.8 per cent like-for-like experienced in the first seven weeks.
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Retail TouchPoints
NOVEMBER 16, 2023
For its holiday windows in New York and London, the Lego Group has deployed interactive technology that allows visitors to have a digital snowball fight with their peers across the pond. Families visiting the Lego store on New York City’s 5th Avenue and the store in London’s Leicester Square can participate in the big Lego Snow Throw, which will be live throughout the holiday season.
Inside Retail
NOVEMBER 16, 2023
British fashion house Burberry is likely to miss its annual revenue forecast for FY24 as global luxury demand weakens, the company said in its latest report. Comparable store sales for the second quarter were up 1 per cent, a sharp drop compared to the 18 per cent increase in the first quarter. The modest growth was influenced by the 10 per cent drop in sales in the Americas.
Advertiser: Experience Retail Today
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.
Retail Wire
NOVEMBER 16, 2023
The FTC has sent out warning letters to two trade associations for not adequately disclosing influencer promotions of aspartame and sugar.
Inside Retail
NOVEMBER 16, 2023
Australian luxe-for-less beauty brand MCoBeauty has launched its first major physical space in Australia, but there’s a catch: it’s only open for 48 hours. The MCoBeauty ‘House of Beauty’, found on Sydney’s Oxford Street, opened to media on Friday, 17 November, and will usher approximately 1,500 ticket-holding fans through its doors on Saturday, 18 November.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
NOVEMBER 16, 2023
When Bed Bath & Beyond filed for Chapter 11 bankruptcy in April, the future of the 52-year-old home goods retailer seemed uncertain. But shortly after the company’s announcement , it was acquired by Overstock.com, an online home goods and decor retailer, in a bidding war in June for US$21.5 million (A$33.2 million). With the acquisition, Overstock.com obtained Bed Bath & Beyond’s name, intellectual property, and digital assets.
Retail TouchPoints
NOVEMBER 16, 2023
Alibaba Group has nixed plans to spin off its Cloud Intelligence Group as a separate company, citing recently expanded U.S. export controls designed to “further restrict the export to China of advanced computing chips and semiconductor manufacturing equipment,” according to a statement discussing Alibaba’s Q3 financial results. Alibaba had announced its plans to divide the company into six operating groups in March 2023.
Retail Wire
NOVEMBER 16, 2023
Microsoft is rebranding its ChatGPT-inspired AI chat interface, Bing Chat, to Microsoft Copilot.
Retail TouchPoints
NOVEMBER 16, 2023
Crate & Barrel has opened the doors of its new New York City flagship in a historic building in the Flatiron district. Serving as the brand’s first-ever immersive design store, the location features a two-level “Design Desk” staffed by design professionals, a Crate & Kids shop-in-shop and a range of services, including floral arrangements and monogramming.
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
Retail Wire
NOVEMBER 16, 2023
The saucy pork sandwich has returned to selected restaurants after going on a farewell tour in 2022.
Retail TouchPoints
NOVEMBER 16, 2023
Earlier this month, Google debuted a slate of tools to help bargain-hunters find what they need this holiday season. Now the company is bringing generative AI into the mix as it continues to look for new ways to serve gift-givers this season. New enhancements to Google’s AI-powered search tool, Search Generative Experience (SGE) , will help users find the perfect gift no matter how specific their query.
Retail Focus
NOVEMBER 16, 2023
In an era when climate change, industrial waste, energy consumption, and sustainability are at the forefront of our concerns, Shoplight, a Certified B Corp, has announced a webinar that delves into the innovative world of bioplastics and their potential to revolutionise the retail lighting industry. Being established members of the retail lighting industry, Shoplight understands the environmental impact of using aluminium in lighting products and the carbon miles generated from transporting t
Retail TouchPoints
NOVEMBER 16, 2023
Pottery Barn has introduced a new mobile app for iOS that allows users to get free real-time help from a Design Crew associate as well as make in-store, in-home or virtual appointments for design consultations. The app also lets customers use their iPhone cameras to preview how products will look in their homes and improves the process for setting up and tracking gift registries.
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Retail Wire
NOVEMBER 16, 2023
Chick-fil-A orders in Brandon, Florida, have gained flight, but it will be drones and not birds coming your way.
Retail TouchPoints
NOVEMBER 16, 2023
At Coach locations in Boston, Atlanta, Miami, Toronto and Austin, Texas, visitors can see how they’d look sporting the luxury brand’s products, accompanied by holiday-themed imagery including a pearlescent ribbon and animated snowmen. The AR solution from ZERO10 will be live at the five storefronts through Jan. 1, 2024 and will feature digital re-creations of these Coach holiday styles: Sequin Penn in dark magenta and black; Metallic Star Bag in silver; Glovetanned Leather Tabby Shoulder Bag 26
Inside Retail
NOVEMBER 16, 2023
Alibaba Group saw its revenue increase 9 per cent year over year to US$30.81 billion for the quarter ended September 30. The company’s operating income soared 34 per cent to $4.603 billion, with adjusted EBITA up 18 per cent to $5.872 billion. Taobao and Tmall Group’s revenue was up 4 per cent to $13.385 billion, as content and price-competitive strategy drove organic growth of users and order volume increased.
Retail Wire
NOVEMBER 16, 2023
Just in time for the holiday season, LEGO has come out with one of its most detailed new train sets ever.
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
Inside Retail
NOVEMBER 16, 2023
The rising cost of living in Australia is causing a major shift in consumer shopping habits, according to the latest research from the Product of the Year Awards (POY), with more shoppers opting for home-brand products and cutting back on small indulgences like snacks and premium desserts. NielsenIQ research conducted for Product of the Year found that 86 per cent of shoppers use cost-saving techniques in their weekly budget, with three out of five “snackrificing” foods like chocolat
Retail Gazette
NOVEMBER 16, 2023
HMV has confirmed that it will open the doors to its flagship at 363 Oxford Street on 24 November, after a four-year absence. The location was the very first HMV store when it opened in 1921 and over the decades has hosted performances and signings from some of the world’s biggest bands and singers, including Kylie Minogue, Blur, and The Spice Girls.
Inside Retail
NOVEMBER 16, 2023
If you’ve ever spent a sustained period detached from your digital device, you’ll know the joy and clarity it produces. New ideas emerge. Your brain feels genuinely rested. Too much tech in our working day can negatively impact our mental health and well-being. A report for the European Parliament reviewed 22 prior studies on the impacts of digital technologies in the workplace and highlighted the impact of what’s called ‘technostress’ The report found that working
Retail Wire
NOVEMBER 16, 2023
Imagine if you could get Amazon Prime delivery when you buy your next Hyundai car.
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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.
Inside Retail
NOVEMBER 16, 2023
In the heart of Singapore’s bustling fashion scene, the Singapore Fashion Council (SFC), has once again taken centre stage with its latest ‘Singapore Stories’ designer showcase. Held in October, the industry event showcased the timeless elegance of the traditional kebaya, unleashing over 30 innovative reinterpretations of this iconic garment.
Retail Wire
NOVEMBER 16, 2023
Spotify plans to utilize Google Cloud's AI tools for its audio content.
Inside Retail
NOVEMBER 16, 2023
Purpose-driven personal care brand Thankyou has undergone a massive shift in recent years , but its co-founder, Daniel Flynn, has remained steadfast. From the early days of door-to-door selling to reshaping the brands’ charitable focus across the world , Flynn has been there every step of the way. Here, he speaks about his journey with the brand, his ‘blue sky’ focus, and why saying no can sometimes be more valuable.
Retail Gazette
NOVEMBER 16, 2023
Iceland has expanded its £1 or less price freeze initiative to more than 1,000 of its value range products. The supermarket chain has doubled the number of items included in the offer, which runs throughout 2023, as part of its ongoing support to help customers amid the cost-of-living crisis. Customers can now purchase hundreds of the grocer’s “easy tea solutions”, such as own-brand chicken nuggets, spaghetti bolognese and pepperoni pizza subs for £1.
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.
Inside Retail
NOVEMBER 16, 2023
Puma appoints Daniel Pustina to head its Oceania business By Celene Ignacio Sports apparel retailer Puma has appointed Daniel Pustina as the GM of its Oceania business, effective January 2 next year. Pustina will succeed Daniel Gutstein, who is stepping down from his position at the end of December. “This is an incredible opportunity to join the Oceania team, working in an area that has such a passionate sport following and culture.
Retail Gazette
NOVEMBER 16, 2023
The British Retail Consortium is one of several groups urging the chancellor to freeze business rates to protect the future of the high street. A host of lobby groups have also requested an extension of and increase in the retail, hospitality and leisure rates relief scheme ahead of next week’s autumn statement. In a letter to Jeremy Hunt and secretary of state Michael Gove, the groups warned that increasing the metric used to calculate property tax bills will result in a rise in inflation.
Inside Retail
NOVEMBER 16, 2023
As the annual Black Friday Cyber Monday (BFCM) shopping season nears, it’s not too late to review strategies to optimise sales during this key annual retail festival. A recent report from Klaviyo and Qualtrics shows that despite current economic challenges, 52 per cent plan to spend the same amount online this upcoming BFCM than they did last year – and 15 per cent plan to spend more.
Retail Wire
NOVEMBER 16, 2023
The Toyota Camry will be solely available as a hybrid starting in 2025.
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!
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