Wed.Nov 22, 2023

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Platypus opens 200th store, promises 30 more by June

Inside Retail

Sneaker retailer Platypus has opened its 200th store, marking a “significant” milestone in the company’s history. Platypus has already launched nine new locations this year, with plans to establish an additional 30 by the end of June. Platypus, which was acquired by Accent Group in 2007, currently has 167 stores in Australia and 34 in New Zealand.

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Florida Judge Accuses Tesla of Knowing About Flawed Autopilot Tech

Retail Wire

A judge in Florida has ruled that there's reason to believe that Tesla's executive team knew about potential flaws in the company's self-driving technology.

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Forty Winks appoints Daniel “Pancho” Gutstein as CEO

Inside Retail

Mattress retailer Forty Winks has appointed Daniel “Pancho” Gutstein as the new CEO, effective in mid-January next year. Prior to the new role, Gutstein served as GM of Puma Oceania. He also worked as SVP of merchandising, reporting to the president of Puma North America. “Pancho’s global business and strategic leadership expertise, combined with his enduring passion for retail, will amplify our future growth ambitions,” said Guyan Stroud, chairperson at Forty Winks

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Transforming Holiday Marketing in CPG Retail with Generative AI

Retail TouchPoints

In today’s rapidly evolving retail landscape, generative AI is the latest technology transforming the way retailers reach and engage shoppers. Getty Images’ VisualGPS consumer survey finds that 79% of Americans are excited about the potential of using AI to increase productivity, and a study by SAP Emarsys confirms that so far, 77% of consumers enjoy the personalized shopping recommendations that this new technology enables.

Marketing 258
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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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How Freedom’s omnichannel transformation has prepared it for ‘game day’

Inside Retail

With the e-commerce boom of the pandemic now in the rearview mirror, it’s clear that, of all the sectors of retail that enjoyed an increase in sales during Covid, the furniture and homewares industry likely had it the best. With many people around the world locked down at home, and looking for some kind of control over their lives, as well as something fun and different to distract them, redecorating became a big trend.

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Thanksgiving Retail: Who’s Open and Who’s Closed?

Retail Wire

While most retailers are known for extending their hours to accommodate the holiday rush, Thanksgiving Day itself often sees a mix of open and closed doors.

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More Trending

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How To Avoid Online Scams While Holiday Shopping

Retail Wire

Online shopping can be a minefield during both Black Friday and Cyber Monday. Here's how to keep your personal information safe while making holiday purchases.

Shopping 261
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Guess posts flat revenue amid lower consumer confidence

Inside Retail

Guess Inc’s third-quarter net revenue was up 3 per cent year on year to US$651.2 million, but flat at 1 per cent in constant currency. Europe revenue increased 6 per cent in US dollars and 5 per cent in constant currency, while Asia revenue increased 2 per cent in US dollars and remained flat in constant currency. In the Americas, retail revenues dropped 7 per cent in US dollars and 8 per cent in constant currency, while wholesale revenues increased 4 per cent in US dollars and decreased 1 per

Consumer 239
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Point of Purchase: What it is, how it works

Tokinomo

Point of purchase (POP) is a common term used in retail. In this complete guide, you will discover more about POP marketing and POP innovation. We’ll share the definition of the term, examples of POP campaigns, and tips and tricks that will help you implement your campaigns.

Marketing 230
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Walmart Debuts In-Store Parcel Stations to Speed Delivery

Retail TouchPoints

Walmart has introduced parcel stations — essentially mini “post offices” designed to streamline stores’ receiving and delivering of orders — and will have them operating in more than 40 stores by the end of 2023. Many are operating now, in time for the holiday season, and Walmart plans to expand the stations to additional stores next year. “Today we have over 4,000 stores operating as delivery hubs, fulfilling and delivering a variety of different order types,” wrote Jennifer McKeehan, SVP, Tran

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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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Ford Trims Investment and Job Output in Marshall Battery Plant

Retail Wire

Ford is scaling back its initial investment in its proposed EV battery facility in Marshall, Michigan.

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Trustwave SpiderLabs Report: The 2023 Retail Threat Landscape

Inside Retail

The holiday shopping season is teed up for its annual explosion of spending. Retailers know this, consumers know this, cybercriminals know this, and are unfortunately ready to take advantage of any weak link that can be found to steal vital consumer and business data. However, unlike gift buyers heading to stores or shopping online these adversaries are not seasonal actors.

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Elevating the Festive Season: The Significance of Luxury Pop-Up Stores During Christmas

Retail Focus

Ghalia BOUSTANI. Senior retail consultant at Univers Retail | Published author | Visiting lecturer. The holiday season’s magical air of celebration and joy influences how people shop and engage with brands. Luxury pop-up stores become essential brand levers amid the bustling atmosphere, presenting a distinct and enchanting shopping experience for consumers.

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Big Lots Adds Uber Eats Delivery Option from 1,200+ Stores

Retail TouchPoints

Discount home goods retailer Big Lots has partnered with Uber Eats to offer delivery services from its more than 1,200 stores across the country in time for the holiday season. Uber Eats users will gain access to exclusive Big Lots brands like Broyhill home décor items as well as other brands and private label products, organized by category and seasonal “aisles” such as Christmas Shop.

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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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Microsoft CTO Will Match Compensation for Hired OpenAI Employees

Retail Wire

Microsoft's CTO Kevin Scott has extended a lifeline to any OpenAI employees who are considering resigning after the abrupt departure of CEO Sam Altman.

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Why Thailand’s DIY leader HomePro is undeterred by the spending slowdown

Inside Retail

The second half of the year isn’t looking that robust for home improvement or home furniture retailing in Thailand, but HomePro, the country’s biggest home improvement retailer, is undeterred. The company is going ahead with its store opening program , launching two in the third quarter to bring its total store count in Thailand to 117. The latest to open is in the town of Pluak Daeng, Rayong Province.

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USPS Operation Santa Letter Adoption in Full Swing

Retail Wire

In the spirit of the holiday season, the U.S. Postal Service has announced the early launch of its annual Operation Santa letter adoption program.

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Aldi Australia meets Liberty of London in Christmas collection

Inside Retail

Aldi Australia has partnered with London-based designer department store Liberty to launch a Christmas range of premium gifts with four print designs. The range includes cards, notebooks, heat packs, tote bags, soap bars, hand cream, candles, reed diffusers, lunch bags, tea, drawer liners and scent sachets, and wrapping paper rolls. The products will be sold from $2.99 to $24.99 and 10 per cent of the proceeds will go to Camp Quality, a non-profit organisation that helps kids aged 0 to 15 fighti

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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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The Musts of Achieving Successful Marketing Campaigns in the Digital Age

Retail Focus

Retail marketing campaigns are highly competitive, constantly adjusting and evolving to new technologies and market shifts. Finding a path to a successful campaign in a competitive modern market means balancing what already works with forward-thinking approaches, and this is not an easy task to accomplish. Looking at some real-world examples of successful retail marketing campaigns, we want to explore a few approaches that stand out, and how these methods found their perfect approach.

Marketing 130
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Kraft, Kellog, Nestle, & Others Score Legal Win Over Top Egg Producers

Retail Wire

Heavyweight food corporations like Kraft, Kellog, and others have convinced a jury that the country's leading egg producers have been unlawfully raising their prices.

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Get Your Shop Christmas Ready

Retail Focus

The busiest time of year is approaching, especially if you work in retail. The Christmas rush is beginning, and with so many people already starting their Christmas shopping and many shops having their Christmas items already on sale, it is time to start thinking about how you want your shop to look this festive season. It is no lie that the Christmas season is one of the busiest times of year for any shop, whether a large commercial shop or a small independent store.

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TSA Shares Guidelines for Flying With Holiday Foods

Retail Wire

As Thanksgiving approaches, the TSA has shared some advice regarding what food items can accompany you on your flight.

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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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Christmas 2023: M&S, Tesco, Primark & Currys bosses on the big trading trends

Retail Gazette

The bosses of Britain’s biggest retailers are expecting strong Christmas trading, defying analyst predictions of lacklustre spending amid the cost-of-living crisis. M&S boss Stuart Machin is planning for a “successful and strong Christmas” across clothing, home or food, adding that customers were feeling more confident. Machin says he is “quietly confident” this year as customers are gearing up for a bigger family celebration this year, while Tesco has bought in more turkeys this

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Weather Impacting Busiest Thanksgiving Travel Days in 20 Years

Retail Wire

A storm may impact what is already looking like one of the busiest Thanksgiving travel days in 20 years.

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ISE 2024 is ‘Your Destination for Innovation’ in Pro AV and Systems Integration

365 Retail

Integrated Systems Europe (ISE) will return to Barcelona (30 January – 2 February 2024) as the most comprehensive exhibition for the pro AV and systems integration sectors and is set to raise the bar once again. Mike Blackman, Managing Director, Integrated Systems Events said, “Without a doubt, ISE is ‘Your Destination for Innovation’, and we will prove that this is not just a claim.

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Sam Altman Returns to OpenAI With Support From Employees

Retail Wire

After an intense week of drama, OpenAI has decided to bring Sam Altman back as CEO.

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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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Dick’s sales rise 3%, buoyed by strong back-to-school season

Retail Dive

It could be a good indicator of holiday performance, but that season is “very distinct” from the summer sales event and involve a wider group of competitors.

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Currys boss slams ‘unjustifable’ business rates increase as Chancellor shuns reform

Retail Gazette

Chancellor Jeremy Hunt has failed to offer reform to the business rates system despite mounting pressure from retailers in what Currys chief Alex Baldock termed a “deeply disappointing” decision. Big retailers now face a 6.62% rise on their business rates bills next April. Baldock said that in failing to address “the unfairness of our business rates system”, Hunt had “missed an opportunity to support retailers at a time of economic uncertainty” The Currys boss

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Linda Bergroth designs "user-centric" Cover Story paint shop in Amsterdam

Dezeen

Interior designer Linda Bergroth has added colourful beams to the Amsterdam concept store for plastic-free paint brand Cover Story , which was designed to streamline the redecorating process for shoppers. The "paint studio" is the second iteration of Cover Story outlets designed by Bergroth , who also created the interiors for the Finnish brand's flagship Helsinki store.

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THG mulls MyProtein listing in the US

Retail Gazette

THG is considering listing MyProtein in the US, amid rising pressure from its investors to separate its nutritional division. Shareholder Kelso Group has been advocating for the separation of the business, as a result of MyProtein’s value as a worldwide consumer brand. Kelso Group said: “We believe that THG’s nutrition division with its main brand of MyProtein should be valued as a global consumer brand, given its near $1bn sales, double-digit EBITDA margins and increased product inn

Consumer 106
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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