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Amazon sold more than 100 million items during its first-ever fall Prime sales event — nothing to sneeze at to be sure, but only a third of what the ecommerce giant moved during its core Prime Day sale in July. Still, Amazon’s Early Access sale, which took place Oct. 11 and 12, 2022, appears to have had the effect Adobe predicted of moving up the start of holiday shopping earlier than ever.
Woolworths has reported a data breach impacting 2.2 million users of its MyDeal subsidiary. The company said in a stock exchange filing that a compromised user credential was used to gain unauthorised access to MyDeal’s customer relationship management system. The company is now contacting impacted users by email. “Woolworths Group’s cyber security and privacy teams are fully engaged and working closely with MyDeal to support the response,” said Woolworths Group chief security
As TikTok kicks off its second annual TikTok World business summit, the social media juggernaut is making headlines for more than just new platform updates. Earlier in the week, Axios reported that TikTok is beginning the process of building out its own U.S.-based fulfillment centers in a bid to directly challenge ecommerce giants like Amazon and Shopify.
It’s exciting times for Polestar. The Swedish performance electric car brand is opening its first ‘Space’ store in Australia, at Melbourne’s Chadstone Shopping Centre, this summer. The ‘Space’ retail concept enables customers to interact with the Polestar brand, meet product specialists and take a test drive in the all-electric Polestar 2. The concept was recently named “Most Immersive Brand Home” by leading design publication Wallpaper*.
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.
Established retailers exploring how a marketplace model would best fit into their business strategy have a common question — what’s the difference between dropship and marketplace fulfillment that utilizes third-party sellers, and how can it benefit their business? The answer is, quite a lot. Dropshipping means different things to different businesses.
Nearly forty years after the lights were switched off at one of London’s best loved landmarks, Battersea Power Station opens today, Friday 14 th October , marking the first time the public can explore this iconic architectural masterpiece and enjoy the first of its unique shops, bars, restaurants and leisure venues. Electric Boulevard, a new pedestrianised high street, that runs between Gehry Partners’ Prospect Place and Foster + Partners’ Battersea Roof Gardens to the riverside neighbourhood’s
Victoria’s Secret revealed during its Oct. 13 Investors’ Day presentation that it will attempt to reach $7.3 billion in sales by 2025. As the company recovers from the impact of a tarnished image and DTC competitors, such as digitally native ThirdLove , who have gained market share within the $16 billion intimates business during the retailer’s rebrand, it is trying to overcome what it has termed “execution missteps” that saw sales drop from $7.5 billion in 2019 to $6.6 billion in Q2 2022 traili
Victoria’s Secret revealed during its Oct. 13 Investors’ Day presentation that it will attempt to reach $7.3 billion in sales by 2025. As the company recovers from the impact of a tarnished image and DTC competitors, such as digitally native ThirdLove , who have gained market share within the $16 billion intimates business during the retailer’s rebrand, it is trying to overcome what it has termed “execution missteps” that saw sales drop from $7.5 billion in 2019 to $6.6 billion in Q2 2022 traili
TAG Heuer unveils today its exhibition windows and pop-up at London’s iconic shopping destination, Harrods. TAG Heuer has worked with the world’s leading department store for over 20 years, sharing a commitment to offering watchmaking excellence in an environment known for unparalleled luxury. Continuing this partnership, and following the opening of its new boutique in the heart of the Harrods Fine Watches room in February of this year, the exhibition showcases the celebrated Carrera Chronograp
Kroger and Albertsons Companies have entered into a definitive agreement under which the retailers will merge to establish a national footprint. Under the terms of the agreement, Kroger will acquire all of the outstanding shares of Albertsons for an estimated total consideration of $34.10 per share, with a total enterprise value of approximately $24.6 billion.
Image courtesy of Orbital Assembly. Image courtesy of Orbital Assembly. Image courtesy of Orbital Assembly. Lifestyle brand Dream Big World has partnered with aerospace component manufacturer Orbital Assembly (OA) to (eventually) create a retail experience in space. Until then, customers will be able to access virtual components through earthly brick-and-mortar locations and metaverse offerings.
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
Warehouse leasing activity in the third quarter fell to its lowest level since the pandemic began and vacancy rates, while still quite low, have begun to tick up slightly. “We’re not seeing an avalanche of space coming on the market or anything like that, but we are starting to see some signs that things are slowing down a little bit,” said Mark Russo, senior director and head of industrial research at Savills Inc.
Lowe’s has teamed up with Yahoo to power off-site media experiences for brands advertising through the Lowe’s One Roof Media Network. The new partnership is just the latest example of the maturation of the retail media model , which until recently has been dominated by fairly basic website-based offerings such as sponsored search, display ads and promoted listings.
Bed Bath & Beyond, Party City, Rite Aid and Tuesday Morning have elevated risks of bankruptcy, according to credit agencies. Others, such as Gap, may be forced to close stores and cut jobs. “The companies that were skating on the edge before Covid had this brief reprieve. Now we’re going back to the old rules,” said Berna Barshay, a retail analyst.
Chinese consumers are typically known for lavish spending on high-end handbags, clothes and accessories that sustain Western luxury brands. This year, however, economic ill winds have sapped much of their urge to splurge and it’s the littler luxuries in life – artisanal food and drinks as well as smart trendy appliances – that have caught their eye.
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.
CVS Health said that it is reducing the cost of its owned brand tampons, menstrual pads, liners and cups by 25 percent. “Women have long faced systemic barriers on their path to better health — from access to affordability to stigma,” said Michelle Peluso, EVP and chief customer officer for CVS Health and co-president for CVS Pharmacy. “We hope our actions help break down barriers and close gaps, while also inspiring other companies to follow our lead.
Coffee may be a major casualty of a hotter planet. Even if currently declared commitments to reduce emissions are met, our new research suggests coffee production will still rapidly decline in countries accounting for 75 per cent of the world’s Arabica coffee supply. Arabica coffee ( Coffea arabica ) is one of two main plant species we harvest coffee beans from.
Ocado saw shares in its stock jump over 10 percent in late trading yesterday on news that its biggest client, Kroger, was in talks to acquire Albertsons. The British company builds and operates automated warehouses for Kroger in the U.S.
Global fashion label Calvin Klein has launched its first multi-brand lifestyle store in Brisbane, as part of its expansion plan in Australia. The new store, located at the Westfield Chermside Shopping Centre, has a retail space of 260sqm and provides a variety of men’s and women’s products, including underwear, jeans, performance wear, accessories, and children’s clothing.
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.
Transaction values and revenue in the holiday kickoff sale came in well under the company’s traditional summer sale this year, according to outside estimates.
Argent, DTLR, Esquivel, Kenneth Cole and REI are just some of the brands and retailers running get-out-the-vote campaigns ahead of the 2022 midterm elections. REI has created an election resource hub for employees and members alike at REI.com/vote.
There’s still more than a month to go before Black Friday but retailers are offering Black Friday-like deals now as they seek to give consumers the incentives they need to make discretionary purchases.
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.
Total U.S. retail sales were unchanged in September compared to the month prior, according to the Commerce Department. Core retail sales excluding autos, gas, building materials and food services were up 0.4 percent.
More workers are returning to their offices in Manhattan, although many of those are doing so only on a part-time basis. “People have gotten used to the flexibility and the benefits of not having to commute to the office every day,” said Kathryn Wilde, president and CEO of the Partnership for New York City. “They’re going to have to have good reasons to go back.”.
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.
Florida is now the home of many vape, convenience, and smoke shop industry giants, and retailers can explore them at the Alternative Products Expo. Taking place November 10-12, 2022 at the Tampa Convention Center in Florida , this is a great opportunity for both new and flourishing brands to see the next big hot ticket items. . At the Alternative Products Expo, retail businesses can: Explore 500+ of the country’s highest selling vape, cannabis, and alternative product brands.
Jessica Brooks, owner of J. Brooks Boutique. by Brightpearl. A new poll from Brightpearl reveals the top 25 fastest growing online retailers for 2022 across the entire United States. These ecommerce brands generated more than $341 million in revenue over a 12-month period. A quarter of the companies on the list are fashion brands, and half of the top 10 are female-owned or female-led businesses.
Nearly forty years after the lights were switched off at one of London’s best loved landmarks, Battersea Power Station opens today, Friday 14 th October , marking the first time the public can explore this iconic architectural masterpiece and enjoy the first of its unique shops, bars, restaurants and leisure venues. Electric Boulevard, a new pedestrianised high street, that runs between Gehry Partners’ Prospect Place and Foster + Partners’ Battersea Roof Gardens to the riverside neighbourhood’s
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