Wed.Aug 30, 2023

article thumbnail

Winter 2023 Holiday Retail Trends to Consider

Tokinomo

The first leaf of fall hasn’t even touched the ground and we are discussing winter holiday trends? Of course! We believe that it is crucial to prepare for the holiday season ahead of time if you wish to attract customers and increase sales.

article thumbnail

Ann Taylor, Loft and Talbots to merge into new apparel group KnitWell

Inside Retail

American apparel brands Ann Taylor, Loft, and Talbots have merged into a new group, Knitwell. Combined, these companies generate more than US$3 billion in annual sales. Steering this new venture, Lizanne Kindler, Talbots’s current CEO has been appointed executive chair and CEO of KnitWell Group. She will be supported by a team of executives within the office of the executive chair.

Apparel 264
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Macy’s to Sell Gap Sleepwear and Intimates; Academy Adds L.L.Bean Merchandise

Retail TouchPoints

In a first-ever partnership between two retail icons, Macy’s will carry an exclusive collection of sleepwear, underwear and intimates for men and women from Gap. The assortment, which will feature exclusive designs and colorways priced from $12.50 to $79.95 online, will be available online, on the Macy’s mobile app and at select stores nationwide. “This launch is an opportunity to amplify the Gap brand and deliver must-have essentials in comfortable, breathable fabrics to men and women across th

Outdoor 264
article thumbnail

Harvey Norman’s full-year profit slumps by 33.5 per cent

Inside Retail

Electronics and furniture retailer Harvey Norman Holdings says its profits declined in FY23 due to increasing cost pressures and softening demand. The company, which owns and operates the Harvey Norman, Domayne and Joyce Mayne brands, reported total system sales revenue of $9.193 billion with EBITDA of $1.13 billion and tax-paid profit of $539.52 million, down 33.5 per cent for the year to June 30.

Returns 264
article thumbnail

A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

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.

article thumbnail

How Are Retailers Driving Shopper Retention and Loyalty?

Retail TouchPoints

Nearly two-thirds of consumers ( 65% ) say they “love” fewer than three brands, according to a U.S.-based survey conducted by Dynata. Moreover, nine in 10 proclaim they do not love nor are loyal to a single brand. With customer behaviors and expectations changing so rapidly, it’s difficult to pinpoint what truly drives this lack of brand love and loyalty.

Consumer 264
article thumbnail

The fastest fashion: Why Incu has launched two-hour delivery with Uber

Inside Retail

The fashion industry has long found itself in a race to be the fastest. But increasingly, next-day and same-day delivery are being pushed to move at a rapid pace. The latest brand to capitalise on this trend is luxury fashion house Incu, which, in a partnership with Uber Direct, can now deliver its products to customers in under two hours. The offer is, so far, restricted to delivery within select areas of Sydney and Melbourne: being sourced from the business’ Sydney Galeries and Melbourne CBD a

Fashion 262

More Trending

article thumbnail

Amazon Now Requires Customers in Some Areas To Spend at Least $35 To Qualify for Free Shipping — Up From $25

Retail Wire

Amazon is testing a new minimum order requirement for free shipping, asking some non-Prime customers to spend at least $35 instead of the previous $25. The change is seen as a move to encourage users to consider subscribing to Amazon Prime, especially with the upcoming holiday shopping season and Amazon’s second Prime Day of the.

Shipping 188
article thumbnail

National Furniture Chain Mitchell Gold + Bob Williams Folds Under Financial Pressures

Retail TouchPoints

High-end furniture retailer Mitchell Gold + Bob Williams has abruptly shut down and laid off more than 500 employees in North Carolina, multiple sources report. In a notice to employees, interim CEO Chris Moye cited weak sales and unexpected trouble securing financing as the reason for the closure. “Mitchell Gold + Bob Williams has recently and unexpectedly learned that we are unable to continue business operations,” read a letter from Moye taped to the door of the company’s factory in Taylorsvi

Finance 263
article thumbnail

Managing Brand Equity: Essential Strategies for Brand Leaders

Wiser

Understanding and managing your brand equity is a powerful strategy for businesses in today’s competitive market landscape. Brand equity refers to the value of your brand in the minds of your consumers, and it’s a key asset that can drive your business’s growth and profitability. Building strong brand equity requires thoughtful planning and strategic execution.

article thumbnail

7 Targeted Retail Strategies for Revenue Growth and Margin Improvement

Retail TouchPoints

In today’s challenging business landscape, where profit margins are shrinking, supply chains are slow and uncertain, labor shortages are prevalent and inflation is a concern, it is crucial for retailers and brands to differentiate between understanding customer habits and fostering customer loyalty in order to succeed. Many retailers struggle to cultivate genuine engagement that builds lasting relationships and delivers frictionless customer experiences.

Checkout 262
article thumbnail

Humans + Agents = Rethinking Enterprise Commerce with AI

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

article thumbnail

Pop-up retailing code translated for non English-speaking small retailers

Inside Retail

The governance group that oversees the Casual Mall Licensing Code of Practice, which sets the rules and expectations for ‘pop-up’ shops in shopping centres, has released fact sheets related to the code written in Arabic, Hindi, Simplified Chinese, and Vietnamese, as part of its efforts to make the code more accessible to non-English retailers. The Code was originally promulgated to ensure that the interests of existing tenants are protected while stimulating innovation and providing short-term b

Shopping 130
article thumbnail

How Henry Rose Drove 1.9M TikTok Impressions with Agile Creative

Retail TouchPoints

The average TikTok user spends 95 minutes per day on the app and opens it 19 times per day — just a few of the reasons that brands like Henry Rose are capitalizing on this engagement opportunity by using TikTok as a primary top-of-funnel marketing channel. “We have a broad customer base, so we look at TikTok to fill the top of the funnel – it’s about building brand awareness,” said Debi Theis, President of fragrance brand Henry Rose in an interview with Retail TouchPoints.

article thumbnail

“Changing fast food”: Fishbowl founder on Australia and US expansion plans

Inside Retail

Continuing its rapid expansion across the country, street food chain Fishbowl has innovated its product offering as part of a new push to bring value-conscious customers in during a cost of living crisis. The brand – which has positioned itself as a healthy, QSR option – has opened seven new locations across just Queensland over the last 12 months, with its newest, Surfers Paradise store opening this month.

Planning 130
article thumbnail

Steer Your Savings: Rev Up Your Options with Car Leasing Discounts

Retail Focus

Everyone loves a good sale. Why pay full price when you can save a few pounds? Leasing a car should be no different, and finding a good sale on your next car lease would be easy, right? Let’s delve into the world of car leasing as we look at what makes a good car leasing discount and what you need to know before you sign on the dotted line. This is how to rev up your options (pun intended) with car leasing discounts.

article thumbnail

5 Tips for a Winning Category Management Strategy in 2025

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.

article thumbnail

ARA names winner of Women Leaders in Retail CEW Scholarship

Inside Retail

Debra Galle, GM of Coles Supermarkets’ non-food business unit, has won a scholarship to attend Harvard Business School in an initiative launched by the Australian Retailers Association (ARA) and Chief Executive Women (CEW). The ARA Women Leaders in Retail CEW Scholarship, in its second year, supports female retail leaders looking to advance their careers.

article thumbnail

Manufacturing Leadership Summit: Five Takeaways

Cisco Retail

Co-authored by Carlos Rojas and David Gutshall. Manufacturing was front and center at Cisco Live US 2023, with several of the world’s leading manufacturers coming together to share experiences and discuss technology trends, challenges, and innovations. For example, Dr. Henning Löser, Head of the Audi Production Lab at Audi AG, joined the Cisco team for an Innovation Talk and Cube interview about the convergence of information technology (IT) and operational technology (OT).

Returns 128
article thumbnail

Wilko job losses ‘could be announced on Thursday’, GMB union warns

Retail Gazette

Wilko is set to announce job losses tomorrow after an offer to buy the entire business failed to “pass basic checks”, according to the GMB union. The GMB met with PwC this morning and was told that redundancy plans could be “restarted” and the future of any jobs at the retailer could not currently be guaranteed. It said: “In the meeting they advised that the company were still actively assessing a number of bids.

Planning 128
article thumbnail

Kohl’s cuts inventory by 14% as it prioritizes discipline

Retail Dive

The retailer’s aggressive, ahead-of-schedule inventory reductions represented significant progress toward those goals.

121
121
article thumbnail

Cut Costs & Complexity: Smarter Fulfillment for Home, Furniture & DIY Brands

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.

article thumbnail

Tesco unveils price cuts with parents set to see ‘biggest benefits’

Retail Gazette

Tesco will slash prices on over 50 products, claiming parents are set to see “some of the biggest benefits” The supermarket is cutting the price of some Pampers nappies by 16% and slashing costs across a range of branded and own-brand baby products, including Johnson’s Baby Shampoo and Florence and Fred Cotton buds. While the retail giant is reducing the prices of almost 60 items in its larger stores, a quarter of these will affect the baby aisle.

Grocer 121
article thumbnail

Furniture maker Mitchell Gold + Bob Williams shuts down over inability to secure ‘critical financing’

Retail Dive

The company, which was acquired by private equity firm The Stephens Group in 2014, is closing despite a recent $20 million investment by the firm.

Finance 118
article thumbnail

John Lewis unveils online Christmas Shop

Retail Gazette

John Lewis has opened its online Christmas shop as searches for festive products more than doubled over the summer compared to last year. The high street retailer said customers were already seeking inspiration online with a particular focus on value, as searches for ‘Christmas offers’ increased 25-fold. It added that searches for artificial trees have doubled year-on-year, along with a 250% surge in enquiries for stockings and 133% increase for holiday jumpers.

Shopping 115
article thumbnail

Ann Taylor, Loft, Talbots form new KnitWell Group

Retail Dive

Sycamore Partners acquired Talbots over a decade ago and the other KnitWell brands during Ascena’s 2020 bankruptcy.

118
118
article thumbnail

What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

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.

article thumbnail

Asda owners in talks over £500m portfolio sale

Retail Gazette

The billionaire brothers behind Asda are understood to be close to the sale of another chunk of the supermarket’s property portfolio in a bid to bring down its mounting debt pile. Mohsin and Zuber Issa, backed by TDR Capital, are said to be in talks with an Australian finance house for a deal worth about £500m. Macquarie Asset Management is close to buying the ground rent leases of about 50 Asda stores in Britain, with a provision included to allow Asda to reassume ownership for a small amount a

Finance 115
article thumbnail

Macy’s, Gap release joint collection of sleepwear and intimates

Retail Dive

In a first for the retailers, Gap will sell a line including loungewear, pajama sets and intimate basics exclusively through the department store.

article thumbnail

From Lattes to Doughnuts for Dogs – A Look at All Things Pumpkin Spice 2023

RIS News

Before every child has walked through the doors for their first day of school, the unofficial end of summer has been ushered in by all things pumpkin.

ATS 114
article thumbnail

Amazon tests $35 free shipping minimum

Retail Dive

The e-commerce giant is testing the free shipping threshold with select groups of non-Prime members.

Shipping 114
article thumbnail

State of AI in Sales & Marketing 2025

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.

article thumbnail

M&S makes return to FTSE 100

Retail Gazette

M&S will re-enter the FTSE 100 next month for the first time in four years as its shares soared to a 19-month high. The retailer’s promotion follows the latest quarterly reshuffle by FTSE Russell after it’s market capitalisation topped £4.3bn, placing it below B&Q and Screwfix owner Kingfisher in the index. M&S shares have rocketed 80% so far this year as its turnaround programme picks up pace under chief executive Stuart Machin and co-chief executive Katie Bickerstaff.

Returns 105
article thumbnail

Vera Bradley Q2 sales decline, full-year outlook narrows

Retail Dive

The company — which operates its namesake brand and Pura Vida — lowered the top end of its fiscal 2024 revenue expectations.

108
108
article thumbnail

More than 400 ex-Debenhams staff win redundancy legal battle

Retail Gazette

More than 400 former Debenhams employees who lost their jobs when the department store chain went into administration have won their legal battle against the retailer. The 419 claimants launched action in August 2020, shortly after the retailer collapsed and axed a third of its workforce. Simpson Millar, the law firm representing the former staff, announced on Wednesday that the employment tribunal had ruled in favour of the claimants.

article thumbnail

Fanatics-Backed Vintage Sports Brand Mitchell & Ness Hires Nike Executive as CEO

Retail Wire

Mitchell & Ness, a vintage sports apparel brand known for its throwback jerseys, has appointed former Nike executive Eli Kumekpor as its new CEO. The brand, which was acquired by Fanatics in 2022, specializes in retro and nostalgic sports apparel collections. Kumekpor, who has experience with Nike’s Jordan Brand, aims to leverage both vintage aesthetics.

Apparel 100
article thumbnail

SEO vs. PPC: Which Strategy Is Best for Your Business?

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.