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Warby Parker is doubling down on its previous plans to have 200 physical stores with eye exam spaces open by the end of 2022 with a new strategy — launching hundreds of brick-and-mortar locations over the next few years. Despite the digitally native eyewear company’s net loss of $32.2 million during Q2 2022 — up from $21.9 million in Q2 2021 — Co-founder David Gilboa told CNBC that customer demand for physical destinations that offer eye examinations is driving the decision.
Campaign corner. Spooky delivery. Is there anything scarier than running out of candy? This Halloween, Uber Eats solves every scary situation, including those times when you manage to eat all of the candy, instead of saving it for the Trick or Treaters. In this spooky video, Uber Eats shows the consequences of running out of sweets.
Zara and eBay are advancing resale in the UK with two new initiatives: the launch of Zara Pre-Owned, and partnership with the British Fashion Council to launch the Circular Fashion Innovator’s Fund, respectively. Additionally, Lee is launching the Lee Archives in the U.S. to promote and sell vintage clothing from its older lines, with an emphasis on its iconic American look.
Cash Converters International is set to acquire the Cash Converters New Zealand master franchisor for $15.5 million. The personal finance company and secondhand retailer commenced operations in New Zealand in 1993 and operates 22 stores of which 11 are franchised and 11 are owned and operated by the master franchisor. In 2014, the company acquired a 25 per cent equity interest in its New Zealand subsidiary and has now entered into an agreement to acquire the remaining 75 per cent interest.
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.
Walmart has rebranded its sleepwear and intimates brand Secret Treasures with a new name, Joyspun, along with more inclusive sizing and price points as low as $7.98 for a sleep shirt. Additionally, The Children’s Place has established PJ Place , a sleepwear lifestyle brand targeting millennials and Gen Z that showcases entrepreneurs, celebrities and influencers.
South Australian supermarket chain Drakes is working together with plant-based meat brand V2foods as it looks to position itself at the forefront of the meat alternative market. Displays featuring plant-based proteins prominently alongside traditional meat are a key part of the supermarket’s new approach, putting the full range of options front-and-centre for customers to choose from.
Sneakers are designed for moving quickly, and the same could certainly be said of The Edit LDN , a global marketplace for limited-edition sneakers and streetwear that is growing at 500% year-over-year after just 2.5 years in operation. The UK-based marketplace already offers same-day service in the London area for sales on its ecommerce site, with plans to roll out this capability across the UK next month.
Sneakers are designed for moving quickly, and the same could certainly be said of The Edit LDN , a global marketplace for limited-edition sneakers and streetwear that is growing at 500% year-over-year after just 2.5 years in operation. The UK-based marketplace already offers same-day service in the London area for sales on its ecommerce site, with plans to roll out this capability across the UK next month.
In 2018, specialty vacuum and cleaning retailer Godfreys was delisted from the ASX and bought back by the family of John Johnson, who started the business 90 years ago. Four years later, the business has undergone a significant period of investment and transformation. The number of Godfrey retail outlets has fallen by 16 per cent since the 2018 takeover – from 210 outlets to 175, according to The Australian Financial Review – but the management team has placed a focus on three key pillars of the
Latin America drugstore chain RaiaDrogasil is leveraging its in-store WiFi network to offer location-based marketing across 2,500 Brazilian locations. The solution, which is powered by Cloud4Wi , presents customers with an onboarding portal when they connect to any store’s guest WiFi network. Customers share their details, such as full name, email address and phone number, all of which is synced with the RaiaDrogasil’s Salesforce-based CRM platform.
LK Bennett continues to expand its growing store portfolio, with a brand-new Gunwharf Quays outlet that opened Thursday 20 th October. The Gunwharf Quays store will showcase the very best products, from new-in Autumn/Winter 22 styles, to pieces to treasure from SS22 and AW21, in signature prints designed in-house on exquisite fabrics to much- loved shoes and accessories hand-crafted in Italy and Spain.
Seasonal pricing is nothing new. The airline and rental industries have been changing their prices seasonally for years to maximize sales. Of course, retailers also use this pricing strategy. For some businesses, having prices that fluctuate seasonally is essential to their success. Shopper spending habits are rarely the same for long and increasing prices during the holidays helps to capitalize on sales when they are happening more frequently.
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
Established in 1981, Vanilla started as a predominantly online female fashion retailer with showrooms in East London and Manchester. Having built up a strong reputation through e-commerce and concessions, the brand wanted to continue to deliver trend-led, yet affordable options for females of all ages, by taking the next step into physical retail. The Bluewater flagship was the company’s first foray into bricks and mortar retail.
The price of stamps is likely going up. United States Postal Service wants to raise the price on some mail. The price increase, if it’s approved, will have some impact on small business owners nationwide who are already dealing with rising prices on just about everything in the last year. USPS wants the new price of a Forever stamp at 63 cents.
The directors of collapsed luxury footwear retailer Sneakerboy are being sued by the Australian Tax Office over $500,000 in unpaid superannuation payments. Directors Nelson Mair and Theo Poulakis owed multiple staff members leave, unpaid wages and superannuation entitlements before the business collapsed in July. The ATO has sued Mair for $157,239.38 in penalties related to Sneakerboy’s outstanding superannuation payments over the final two quarters of last year. .
As the eCommerce industry continues to grow, many online marketplaces have emerged to make it easier for businesses to find customers. With so many avenues for online selling, there is a real opportunity for businesses to develop a loyal customer base and expand their business. We’ll look at some of the leading eCommerce marketplaces for this article and how online store owners can get started with selling on global marketplaces.
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.
Coles has teamed up with drone-delivery service Wing to extend its store-to-door delivery service in selected Gold Coast suburbs. The expansion follows a successful pilot program in Canberra in March of this year. The pilot service will be available in Ormeau, Ormeau Hills, and Yatala suburbs and will gradually grow to nearby sites. About 500 popular grocery items including bread, snacks, convenience meals, fresh produce, health care items, and household essentials will be delivered from the Col
Former executives of Luckin Coffee, Jenny Qian and Charles Lu, have introduced the first location of their new coffee venture Cotti. Earlier this year, the coffee chain was reported to be registered with a capital of $100 million with Qian as the legal representative. Cotti’s management team include employees of Lu from Luckin Coffee and Chinese car rental companies UCar and Car Inc, reports Pandaily.
New York design studio Snarkitecture has designed a flagship store for the streetwear clothing brand Billionaire Boys Club, created by American musician Pharrell Williams and Japanese graphic designer Nigo. Located in a former warehouse on a corner in Miami 's Wynwood neighbourhood, the store is a flagship for Billionaire Boys Club (BBC) , which was founded in 2003 and includes sub-brands Icecream, Bee Line and Billionaire Girls Club.
Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.
Singapore-based online marketplace Carousell has become the latest retail business to suffer a cyberattack, after a database of its user accounts was stolen and listed for sale on the dark web for S$1,000, according to a report by the Straits Times. The company confirmed the data breach earlier this month, explaining that a bug had been introduced during a system migration and used by a third party to gain unauthorised access to 1.95 million user accounts.
Love, Bonito has recently entered into the booming activewear market with the acquisition of Butter – to be rebranded as Cheak – and a small stake investment in Singapore-based natural healthcare start-up Moom Health, marking its first acquisitions in its 10-year history. The two deals came just a year after its US$50 million Series C funding led by Chinese venture capital firm Primavera, bringing it closer to its ambition of becoming a leading well-rounded female ecosystem.
A new survey finds that Chick-fil-A tops the list of favorite restaurants among teenagers. Fifteen percent of 14,500 teens surveyed by Piper Sandler listed the chicken chain as their favorite restaurant, followed by Starbucks (12 percent), Chipotle (seven percent), McDonald’s (six percent) and Olive Garden (three percent).
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.
EssilorLuxottica reported a rise in its third-quarter revenues on Friday as the world’s biggest eyewear maker saw a rebound in sales in the Asia-Pacific region and slight growth in North America. The French-Italian company, which makes Oakley and Ray-Ban sunglasses, reported revenue of 6.39 billion euros ($6.24 billion) for the three months to September 30, up 8.2 per cent on the year at current exchange rates.
The number of union election filings for Starbucks went from around 70 in March to under 10 in August. Baristas at around 250 of Starbucks’ 9,000 U.S. stores have voted to join a union. “In the context of the size of the organization as a whole, it’s a drop in the bucket,” said David Pryzbylski, a partner at Barnes & Thornburg. He added, “Anyone who thinks it’s going back anywhere close to zero is foolish.
When Alibaba kicks off its Singles Day extravaganza on Monday, it will for the first time in years not be headlined by its two mega sales stars, casting a pall over China’s biggest shopping event and leaving brands guessing how well they will do. The event, which the e-commerce giant has built up from a one day Nov. 11 sale to a nearly two-week festival, will begin with seven days of pre-sales to allow shoppers on its Taobao and Tmall marketplaces to place deposits to secure goods later at
The Tulsa Promenade currently houses a Dillard’s and about a dozen other businesses on its first floor. The mall’s second floor is dark and locked. “I used to love this mall,” said a retail store manager at the mall. “COVID started to push it downhill really fast. Then after that, a lot of stores started leaving.”.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Consolidated shipping is a method of shipping where a consolidator combines individual less than container load (LCL) shipments from various shippers into one full container shipment. More businesses are utilizing consolidated shipping, especially with the continued rise of shipping costs, and this could be a growing trend well into the new year. Now two years into the supply chain crisis, rates are beginning to stabilize — although on some lanes, prices are still 400 percent higher than they we
The Chinese government has suspended in-person schooling and in-restaurant dining in the Haizhu district of Guangzhou, a manufacturing hub in southern China, over concerns about a possible spread of COVID-19 in the city of 19 million people. The city yesterday reported 69 new cases of COVID-19.
Walmart is revamping its top intimates and sleepwear brand. The retailer is replacing its Secret Treasures brand with a new line under the Joyspun name. Secret Treasures rang up $1 billion in sales last year. “It’s a white-hot moment for the intimates category,” said Denise Incandela, executive vice president of apparel and private brands at Walmart U.S.
When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
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