Fri.Mar 15, 2024

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Online florist Bloomex fined $1 million over fake ratings

Inside Retail

Online florist and gift retailer Bloomex has been fined $1 million for making false and misleading representations on its website. The retailer admitted it had published misleading star ratings for its products, advertised misleading discounts, and added surcharges that were inadequately disclosed. According to the Australian Competition & Consumer Commission (ACCC), Bloomex displayed products for sale on its website between February 2019 and March 2023 with a ‘star rating’ that remained sta

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Dick’s to Open 16 Next-Gen ‘50K’ Stores, Expand House of Sport Format in 2024

Retail TouchPoints

Dick’s Sporting Goods posted strong results in fiscal 2023, which ended Feb. 3, 2024, with $13 billion in net sales, 5% higher than the previous year, and a 2.4% increase in comp store sales. For the coming fiscal year, the retailer is planning $800 million in CapEx expenditures to fund a major brick-and-mortar expansion that will enlarge its total store square footage by 2% — its largest physical expansion since 2017.

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PE Nation co-founder steps aside

Inside Retail

Claire Greaves, co-founder of active streetwear brand PE Nation, has announced she will step away from the company’s day-to-day operations. Greaves will remain on the board of the company and retain her shareholding, the brand said in a statement. Pip Edwards – the other co-founder – will continue managing the business alongside the other board members. “The business has secured and developed an extremely strong product and design team,” the statement read.” “Pip and the

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Air Fryer Recall: Best Buy Urges Immediate Action

Retail Wire

Best Buy is urging customers who purchased an Insignia air fryer to act fast, as the company issues a recall due to potential hazards.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Rough Week for Retail CEOs: Top Execs Out at Petco, Under Armour, Fossil

Retail TouchPoints

It was a tough week to be at the top in retail with a number of companies announcing CEO switch-ups following disappointing performances, including Petco , Under Armour , Fossil Group and, as Retail TouchPoints previously reported, Allbirds. Former Best Buy COO to Lead Petco While CEO Search Gets Underway Ron Coughlin — who led Petco through a major strategic transformation over the last five years, including its IPO — has stepped down as the company’s CEO, Chairman and member of the board of di

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Target Introduces New Express Self-Checkout Nationwide

Retail Wire

Target has announced the launch of its new self-checkout policy, set to commence next week across all stores.

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More Trending

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New Frozen Treats by OREO for St. Patrick’s Day

Retail Wire

OREO is ready for St. Patrick’s Day with a frosty surprise. While it won’t be handing out pots of gold, it's offering a chance to snag some delicious treats.

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Outdoor Voices Abruptly Shutting All Stores, Becoming Online-Only

Retail TouchPoints

Popular athleticwear brand Outdoor Voices , once predicted to be the next Lululemon , has abruptly decided to close its 16 stores and become an online-only retailer, multiple sources report. Outdoor Voices has not publicly commented on the news and did not immediately respond to Retail TouchPoints’ request for comment. The news was reported by a number of outlets that had spoken to employees at the stores.

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McDonald’s Global Technology Outage

Retail Wire

McDonald's found itself embroiled in a far-reaching technology outage on Friday, which caused ordering systems to halt in various countries, including the U.K., Australia, and Japan.

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Ulta Beauty Plans 2025 Expansion to Mexico

Retail TouchPoints

Ulta Beauty , which posted strong financial results for 2023, will move into Mexico next year as part of a joint venture with global brands operator Axo. The retailer’s $11.2 billion in net sales for FY 2023, which ended Feb. 3, 2024, was 9.8% higher than the previous year, fueled by a comparable sales rise of 5.7%. “Our compelling holiday plans and thoughtfully curated assortment resonated with our guests and delivered healthy traffic, record brand awareness and strong member growth,” said Dave

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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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Biden Opposes US Steel Sale to Japan’s Nippon Steel

Retail Wire

President Joe Biden recently declared his stance against the announced sale of the U.S. Steel company to Japan's Nippon Steel, and he emphasized the importance of maintaining American ownership and operation of the iconic company.

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#RICE24 Community Convos: Liz Primm, VP of Strategic Partnerships & Business Development, Babylist

Retail TouchPoints

Introducing #RICE24 Community Convos, a new content series highlighting insights from the industry leaders and changemakers who will be taking the Retail Innovation Conference & Expo stages in Chicago this June! This week, we’re featuring Liz Primm, Vice President of Strategic Partnerships and Business Development at Babylist, the leading digital destination for growing families.

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McDonald’s Global Technology Outage

Retail Wire

McDonald's found itself embroiled in a far-reaching technology outage on Friday, which caused ordering systems to halt in various countries, including the U.K., Australia, and Japan.

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McDonald’s suffers worldwide system outages, including Australia, NZ

Inside Retail

McDonald’s said on Friday it had halted operations at many of its stores in Japan due to a system disruption and was facing technical outages at some other outlets worldwide, including Australia. Many McDonald’s stores in Japan stopped taking in-person and mobile customer orders because of the system disruption, a spokesperson at McDonald’s Holdings Company Japan said, adding that the company was working to restore operations soon.

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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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Biden Opposes US Steel Sale to Japan’s Nippon Steel

Retail Wire

President Joe Biden recently declared his stance against the announced sale of the U.S. Steel company to Japan's Nippon Steel, and he emphasized the importance of maintaining American ownership and operation of the iconic company.

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Breaking: Currys takeover off as JD.com walks away from bid

Retail Gazette

Chinese retail giant JD.com has joined Waterstones owner Elliott in confirming that it will not be making an offer to buy Currys. The update comes after the electrical retailer turned down a £700m bid from Elliott Advisors back in February on the grounds that it undervalued the company before rejecting a second £750m takeover from the activist investor a few days later.

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Nissan and Honda To Explore Joining Forces for EVs

Retail Wire

Nissan and Honda announced that they signed an agreement to start a study into the feasibility of a strategic partnership for electric vehicles.

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Wise Living in Your 60s: Medical Cannabis for Arthritis Pain

365 Retail

As we age, managing chronic conditions becomes an essential part of living a fulfilling and active life. Arthritis pain is one such condition that can significantly impact an individual’s quality of life, especially for those in their 60s. While traditional treatments have their place, an alternative option that has gained attention is medical cannabis.

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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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Driverless Robotaxis Roll Out in Los Angeles

Retail Wire

In Hollywood, if you spot a car cruising without a driver, don't panic. About 50 driverless robotaxis hit the streets of Los Angeles this Thursday.

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Gen Z marketing agency SCREENSHOT Media launches first global micro-influencer service

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! SCREENSHOT Media, the cutting-edge media and marketing agency catering to 18-24-year-olds, today announced the launch of SCREENSHOT Micro Boost, its global micro-influencer service. As the first initiative of its kind worldwide, SCREENSHOT Micro Boost is set to redefine the landscape of brand-creator interactions, offering brands a novel way to connect w

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Driverless Robotaxis Roll Out in Los Angeles

Retail Wire

In Hollywood, if you spot a car cruising without a driver, don't panic. About 50 driverless robotaxis hit the streets of Los Angeles this Thursday.

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Fenwick Newcastle flagship gets green light for £40m renovation plans

Retail Gazette

Fenwick’s Newcastle flagship has been given a further planning green light, with new work beginning this month. The renovation forms part of a £40m investment programme aimed creating the “next generation” store. Mailen Design has been commissioned to “sensitively reimagine” the department store retailer’s original store frontage of the 1880’s building.

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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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Nissan and Honda To Explore Joining Forces for EVs

Retail Wire

Nissan and Honda announced that they signed an agreement to start a study into the feasibility of a strategic partnership for electric vehicles.

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Transforming the Economics of Superfast Broadband with Cisco Routed PON

Cisco Retail

Today marks the launch of Cisco Routed PON , a truly disruptive solution that enables agile, differentiated broadband services through a software-defined broadband network.

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Missing 12-Year-Old Boy Spent the Night Alone in an Ohio Target

Retail Wire

A 12-year-old boy was found alone in a Target store in Blacklick, Ohio, before it opened for business on March 11.

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Outdoor Voices to shutter all stores this Sunday

Retail Dive

The activewear brand, once a DTC darling, told staff on Tuesday it would close stores this week as it shifts to an online-only model.

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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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US Retail Spending Inches Up, Gasoline Sales Drive February Rebound

Retail Wire

Retail spending in the United States showed a modest recovery last month, with Americans increasing their purchases, especially in gasoline, according to the latest report from the Commerce Department released on Thursday.

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Michaels boosts in-store experience with birthday parties, classes

Retail Dive

The crafts retailer reimagined its class offering and introduced a party planning service for children in the U.S. as it leans into experience.

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Air Fryer Recall: Best Buy Urges Immediate Action

Retail Wire

Best Buy is urging customers who purchased an Insignia air fryer to act fast, as the company issues a recall due to potential hazards.

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Adidas posts first annual net loss in over 30 years

Retail Dive

However, the retailer dodged a much-discussed operating loss for the year, with the sale of Yeezy merchandise helping it notch a profit.

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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