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Singapore-based The Hour Glass has acquired the Australian Rolex licence business from Kennedy Watches & Jewellery for $90 million. The deal includes four Rolex flagship stores at Chadstone in Melbourne, Star Casino and Martin Place in Sydney, and Crown Casino in Perth, according to the Australian Financial Review. Kennedy has transferred the leases, inventory, staff, and the underlying distribution agreements for those boutiques.
Key Takeaways Personalization Enhancements: AI significantly improves eCommerce by providing tailored shopping experiences through intelligent product recommendations based on customer behavior. Operational Efficiency: Implementing AI automates repetitive tasks, streamlining processes like inventory management and customer service, which allows businesses to focus on strategic growth. 24/7 Customer Support: AI-powered chatbots offer round-the-clock customer assistance, improving satisfaction by
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! At 9:59am on Friday, 11th July, Danish homewares brand Søstrene Grene will open the doors to its newest London store in Jubilee Place Mall, Canary Wharf. Situated in the heart of the capital’s business district, the launch marks a significant milestone in the brand’s ongoing UK expansion.
Karol G takes center stage on TikTok with the launch of her vibrant album Tropicoqueta , promising to reshape how small businesses engage with audiences on the platform. With a host of new features aimed at fostering community and cultural connection, the celebration invites businesses to tap into trending conversations and visual storytelling. TikTok has rolled out an exclusive in-app experience to honor the album’s release on June 20.
Key Takeaways Emergence of No Tipping: The no tipping trend is gaining traction as more businesses opt for higher base wages, aiming to create a fairer and more stable work environment for employees. Enhanced Customer Experience: With no tips involved, servers can focus on delivering quality service, leading to improved customer satisfaction and a more relaxed dining atmosphere.
Key Takeaways Understanding Challenges: Employee productivity can decline during the holidays due to distractions, work-life balance issues, and increased absenteeism. Recognizing these challenges is key to maintaining efficiency. Importance of Tracking Metrics: Utilize key performance indicators (KPIs) to monitor employee output and identify trends, allowing for informed decision-making and optimization of business processes.
Key Takeaways Understanding Challenges: Employee productivity can decline during the holidays due to distractions, work-life balance issues, and increased absenteeism. Recognizing these challenges is key to maintaining efficiency. Importance of Tracking Metrics: Utilize key performance indicators (KPIs) to monitor employee output and identify trends, allowing for informed decision-making and optimization of business processes.
Key Takeaways Local Advertising Importance: Effective local advertising enhances visibility, builds community trust, and fosters customer loyalty, essential for small business growth. Diverse Strategies: Utilize a mix of creative methods, such as social media campaigns, print ads, and community events, to engage local audiences. Community Collaborations: Partnering with local businesses and organizations can amplify your reach and credibility, enhancing customer acquisition efforts.
Key Takeaways Definition of Free City Wi-Fi: Publicly available wireless internet access in urban areas, offered at no charge to promote digital inclusivity and support local businesses. Connectivity Benefits: Enhances access to online services, improves digital literacy, and fosters civic participation by providing reliable internet access for all residents and visitors.
Key Takeaways Importance of Team Building: A strong team enhances productivity, fosters a positive workplace culture, and drives innovation, leading to improved employee satisfaction and retention. Benefits of Cohesion: Increased collaboration, enhanced employee engagement, and skill development are key advantages of building a cohesive team. Alignment with Business Objectives: Team members’ roles should align with the business goals, optimizing hiring decisions and boosting overall operational
Amazon is set to revolutionize shopping for customers in smaller cities and rural areas across the U.S. with its recent announcement to expand Same-Day and Next-Day Delivery services to over 4,000 communities by the end of the year. This move is significant not only for consumers but also for small business owners, as it transforms the competitive landscape.
The rapid rise of AI-powered displays, touchless technology, and sensory marketing is reshaping the future of in-store engagement. Yet for many retail executives, the real challenge is not identifying new tools - it is knowing which signals to trust, which inputs to prioritize, and how to architect decisions that elevate in-store leadership rather than dilute it.
Key Takeaways Allowing employees to dress up for Halloween boosts morale, increases job satisfaction, and can enhance productivity by creating a positive workplace atmosphere. Creative costumes promote self-expression and team bonding, leading to stronger relationships among coworkers and a more cohesive team environment. Implementing clear and respectful guidelines for costumes ensures that all employees feel included while maintaining professionalism and aligning with company values.
Key Takeaways Evaluate Your Current Structure: Assess your existing business structure to determine if it aligns with your growth, funding, and operational needs. Understand Different Structures: Familiarize yourself with various business structures like sole proprietorships, partnerships, LLCs, and corporations, each offering unique benefits and implications.
Key Takeaways Start with Creativity: Launching a business with no money is possible by utilizing creativity and resourcefulness, focusing on leveraging existing skills and networks. Shift Misconceptions: Many believe financial investment is necessary for success, but countless entrepreneurs have thrived by bootstrapping and using available free resources.
Key Takeaways Distinct Roles: Understand the differences between franchisors, who own the brand and provide support, and franchisees, who invest in and operate the franchise. Franchisor Responsibilities: Franchisors create comprehensive business models, provide training, and lead marketing efforts to ensure brand consistency and growth. Franchisee Obligations: Franchisees must invest financially, manage daily operations, comply with guidelines, and implement franchisor marketing strategies to su
When culture isn’t consistently lived out across the organization, engagement suffers—and it often starts with a disconnect at the top. In this session, Beth Sunshine, SVP of Up Your Culture at The Center for Sales Strategy, will reveal how HR and executive leaders can close the gap between vision and execution by equipping frontline and mid-level managers to become culture carriers.
Key Takeaways Real-Time Engagement: LinkedIn Live enables professionals to connect with their audience in real time, enhancing interaction and fostering community relationships. Broaden Brand Visibility: By exporting live broadcasts, you can significantly increase your brand’s reach through organic visibility, attracting a wider professional audience.
Key Takeaways Understanding Mobile Reverse Image Search: This tool allows users to discover the origin of images and find similar visuals directly from their smartphones, enhancing how individuals and businesses interact with digital content. Benefits for Small Businesses: Mobile reverse image search helps verify content accuracy, avoid copyright issues, and analyze competitors’ visuals, thereby improving overall digital marketing strategies.
Verizon is stepping up its game in support of the military community with a new set of benefits tailored for service members and their families. The telecommunications giant has introduced a short-term military suspension option, making it easier for those deployed for less than 90 days to maintain their services at a reduced cost. For small business owners who may hire veterans or have military families among their employees, these updates could provide valuable insights into supporting their s
Key Takeaways Embrace Creativity: Making your own Christmas wreath allows for personal expression and the opportunity to showcase your unique style during the holiday season. Explore Various Styles: There are diverse types of wreaths to create, ranging from traditional evergreen designs to modern decor and themed motifs, catering to different tastes and niches.
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.
Key Takeaways Solid Business Plan: A comprehensive business plan is crucial for defining your goals, targeting your audience, and attracting investors. Effective Funding Strategy: Explore diverse funding options and maintain strict financial planning to ensure sufficient cash flow for operations. Legal Structure Awareness: Choose the appropriate legal structure (e.g., LLC, corporation) to protect your business and streamline tax obligations.
Key Takeaways Diverse Opportunities: Growing trees for profit includes various niches such as timber production, fruit orchards, and ornamental landscaping, catering to different market demands. Sustainability Focus: Emphasizing eco-friendly practices, such as organic farming and waste reduction, positions your tree farming business as a leader in sustainable agriculture.
Key Takeaways Creative Expression: Paint and sip events provide an accessible platform for individuals to explore their artistic abilities, regardless of their skill level, fostering creative self-expression in a supportive environment. Social Interaction: These gatherings encourage networking and meaningful connections among attendees, which can lead to potential collaborations or business partnerships, enhancing the overall experience.
Key Takeaways Lucrative Business Opportunity: Tire franchises capitalize on the growing demand for tires and maintenance services, offering potential for significant profits. Support and Resources: Franchisees benefit from brand recognition, comprehensive training programs, and ongoing operational support that facilitates business success. Initial Investment Insights: Understand the range of initial investments, including franchise fees and ongoing costs, to ensure financial feasibility before c
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
Key Takeaways Sustainability Focus: Kerry Hatch’s Plastiq platform promotes innovative solutions to manage plastic waste, advocating for a circular economy and reducing environmental impacts. Empowerment for Small Businesses: The platform encourages small businesses to implement sustainable practices while integrating advanced technology for operational efficiency.
Key Takeaways Enhanced Transparency: Pinterest’s updated privacy policy promotes clarity around data collection and usage, fostering trust among users and encouraging healthy community engagement. Increased User Control: Users now have better control over their personal data and privacy settings, allowing them to dictate how their information is utilized on the platform.
Key Takeaways Personal Travel Diary: Google Maps’ Timeline feature serves as an automatic record of your journeys, helping you revisit locations and analyze travel habits. Location Tracking: The feature captures your routes and trips across various transportation modes, providing insights that can optimize your scheduling for business meetings and client visits.
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