Sat.Jun 15, 2024

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Old-School Identity Theft on the Rise

Retail Wire

Old-school identity theft is making a strong comeback, with fraudsters targeting unsuspecting victims by using stolen checks, fake IDs, and forged signatures. This resurgence has left banks and government authorities scrambling to address the increasing threats.

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Adidas China management embroiled in corruption probe, FT reports

Inside Retail

Adidas has launched an investigation into allegations of large-scale bribery in China after the company received a whistleblower complaint that accused senior staff of embezzling “millions of euros”, the Financial Times reported on Sunday. The anonymous letter, which claims to have been written by “employees of Adidas China”, names several Chinese Adidas employees including a senior manager involved with the marketing budget in the country, which the document said stood a

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Automotive Industry Faces Deflationary Pressures

Retail Wire

In recent months, the automotive industry has been grappling with a growing challenge: consumers delaying their new car purchases. Despite improved availability and a return to normalcy in automotive production, high interest rates and price volatility have made many potential buyers hesitant. This reluctance to buy now, in the hopes of securing a better deal later, is setting the stage for a deflationary spiral that could have serious implications for the industry.

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Flowers Always Make People Better

LS Retail

©2024 Laurel J. Delaney. All rights reserved. “Flowers always make people better, happier and more helpful; they are sunshine, food and medicine for the soul.

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Optimizing Frontend Delivery in Composable Commerce: The Buy vs Build Decision

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Free Baconators All Weekend at Wendy’s

Retail Wire

This Father’s Day weekend, Wendy’s is rolling out a special offer to celebrate dads with one of their most iconic menu items. From Friday, June 14 through Sunday, June 16, Wendy’s is offering a buy one, get one free deal on their famous Baconators.

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Cocoa Prices Skyrocket

Retail Wire

The global cocoa market is experiencing unprecedented price hikes, creating significant challenges for candy manufacturers. Over the past year, cocoa prices have more than tripled, reaching record highs and causing considerable strain on companies reliant on this essential ingredient. The price surge, which saw cocoa hit an all-time high of over $11,000 per metric ton in April 2024, has eased slightly but remains substantially above historical levels.

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