Fri.Dec 29, 2023

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How to Balance Cash Drawers Quickly and Accurately

Star Miconics

Despite what you might have heard, operating a successful business depends on effective cash management. Yes, the use of digital payments is growing, and it’s not something to be ignored, but the relevance of material currency persists. Because of the importance of cash, the seemingly tedious task of balancing cash drawers is an indispensable business operation.

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2023 Bowl Season’s Pop-Tarts & Food Bowl Games Are Underway

Retail Wire

The college football bowl season of 2023 marked the continuation of unique post-game celebrations involving food items.

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New data from sustainability experts at DASH Water reveals the food products with the highest and lowest secondary carbon emissions

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! As the New Year approaches, many of us are reflecting on our habits and setting resolutions for positive change. One impactful and easily adoptable resolution is embracing sustainable grocery shopping. The average person spends £28.23 on household food and (non-alcoholic) drink supplies per week, totalling £1,467.96 annually.

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BlendJet’s Portable Blender Recall Involves Nearly 5 Million Products

Retail Wire

BlendJet Inc., a reputable name in the industry, has announced a recall affecting approximately 4.8 million portable blenders. These blenders were previously sold in prominent retail outlets such as Costco, Target, and Walmart. This recall follows an alarming number of reports regarding malfunctions, including blades detaching, overheating, and in some cases, even fires.

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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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Consumers could return $82.1B worth of holiday merchandise, survey finds

Retail Dive

To address the rising cost of returns, 44% of retailers have increased return or restocking fees, according to CBRE and Optoro.

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Bluesky Releases Internal Video and Music Player and ‘Hide Post’ Feature  

Retail Wire

Bluesky, the decentralized, invite-only social network built on open-source protocol, announced that it is expanding its offering with a new integrated video and music player for links as well as a new "hide post" feature.

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More Trending

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‘Streamflation’ Is Becoming the New Streaming Norm

Retail Wire

As we witness a major change in the entertainment landscape, the biggest names in streaming services have marked 2023 with extensive changes to their pricing plans, especially their ad-free bundles.

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Aldi slashes food waste by almost 60% and sets new 2030 target

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Aldi has announced a 57% reduction in its food waste*, meaning it has hit its 2030 target eight years early. The UK’s fourth-largest supermarket announced this latest milestone as it published its inaugural sustainability report, which offers insights into the work Aldi is doing that contributes to society and the planet, while maintaining its commitment

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The San Diego Auto Show Returns for 2023

Retail Wire

This weekend, San Diego will be brimming with automotive enthusiasm as the San Diego International Auto Show rolls into town.

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In The Style founder steps down as brand ‘turns a corner’

Retail Gazette

In The Style CEO Adam Frisby has stepped down from the fast fashion firm he founded 10 years ago. Frisby, who agreed to return to the CEO position when In The Style was sold to private equity firm Baaj Capital earlier this year in a move that staved off administration, said his decision had been made as the business had now “turned a corner” and was back to profitability.

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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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Archetype Acquires Cheddar News From Altice USA

Retail Wire

Archetype, a prominent media company run by private equity firm Regent LP, has recently acquired the business news streaming platform Cheddar News.

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Look Back: Top retail customer experience blogs of 2023

Retail Customer Experience

RetailCustomerExperience is home to wide-ranging blogsphere. Here’s a look at top blog contributions during 2023.

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Google Privacy Lawsuit Over Incognito Mode Has Been Settled

Retail Wire

The Google privacy lawsuit reached a recent settlement and underscores the importance of user privacy and the ongoing debate surrounding it.

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Decathlon challenges UK staff to ‘moving meetings’ to combat winter slump

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Decathlon, the world’s leading sports retailer, is redefining the workday with its latest initiative: ‘Moving Meetings.’ Launched in collaboration with RED January, the active workplace strategy encourages employees to step into a healthier, more dynamic routine.

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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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L’Oreal Heiress Is the First Woman To Amass $100B Fortune

Retail Wire

Francoise Bettencourt Meyers lands as the 12th richest person in the world and the first woman to amass a fortune worth $100 billion.

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Tesco to make big change to cold and flu season favourite

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! With cold and flu season in full swing, Tesco is making a big change to its popular own brand pocket tissue multi-packs: the retailer is scrapping the plastic packaging and replacing it with recyclable paper saving more than 55 million pieces of soft plastic.

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Asthma Inhaler Switch Will Affect Millions Beginning in January

Retail Wire

A popular medicine used to treat asthma will disappear from pharmacy shelves at the beginning of 2024.

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Chef Sebby Holmes’ plant based sauce and stir fry range aims to elevate veganuary

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Introducing PAYST’s sensational plant-based range, tailor-made for Veganuary and beyond. Elevate your plant-based dishes from ‘oh’ to ‘woah’ with these exquisite Thai sauces crafted by the renowned Michelin award-winning chef Sebby Holmes.

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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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US Fast-Food Chains Want a Bite Out of China’s 1.4 Billion Population

Retail Wire

U.S. fast-food chains are keen to expand to reach China's large population.

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How to Use 3 Inventory Accounting Methods

Shopify

There are three primary methods of inventory accounting that allow you to accurately calculate both the value of your unsold stock and your COGS.

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Aldi to strengthen its Scottish portfolio with £56m investment over the next two years

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Aldi has confirmed it will continue its expansion in Scotland, with plans to invest more than £56m over the next two years, opening three new stores in Broughty Ferry, Straiton and Castle Douglas next year. The move supports the discount retailer’s growth ambitions and will allow it to meet consumer demands for outstanding quality and the […] If yo

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Sneaker and Sportswear Ecommerce: the ‘Non-Luxury’ Luxury Apparel Leader 

Retail TouchPoints

The humble sneaker has long been a staple item in closets everywhere for consumers of all ages. The consistent appeal of sneakers and sportswear has grown in recent times with customers, particularly from the Gen Z demographic , continuing to favor them as everyday items for leisure and now work. With the growing popularity of the ‘athleisure’ trend, brought on by a renewed focus on both comfort and style, sneakers and sportswear look set to dominate retail for years to come.

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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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Applewood Vegan celebrates Veganuary with relaunch of Minis in new snack-friendly stick format

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The UK’s leading plant-based smoky cheeze, Applewood Vegan, is celebrating Veganuary 2024 by relaunching its first-ever snacking cheeze to make it easier for snack lovers to enjoy on the go. Multi-award-winning Applewood Vegan, which launched in Minis format in Morrisons stores across the UK this spring, will be relaunching as Applewood Vegan Bites

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Currys UK&I and Pennies hit £1 million fundraising milestone for charities

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Currys is delighted to announce it has raised over £1 million for charity from customer micro-donations since partnering with the award-winning UK fintech charity Pennies. The partnership has raised money for a number of charities including current partners, the Digital Poverty Alliance in the UK, and My Canine Companion in ROI.

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Circle of Toys urges Brits to re-gift presents to Ukrainian kids

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Circle of Toys, a gift-giving platform is asking the British public to regift preloved toys to children and families impacted by war in Ukraine. With Christmas over, families up and down Britain will be thinking about de-cluttering and regifting pre-loved presents which are no longer age-appropriate for their little ones.

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Card spending grew just 4.1% in 2023 as Barclays reveals the top 10 consumer trends of 2023

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Consumer card spending increased just 4.1% year-on-year in 2023 – noticeably lower than the growth seen in 2022 (10.6%) – as Brits cut back on new clothes, eating out and home improvements amid rising inflation and household bills.

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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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KPMG: 41% of people feeling less financially secure heading into 2024 than 12 months ago

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Four in 10 consumers are heading into 2024 saying they feel less financially secure than when 2023 began, according to new research from KPMG UK. Assessing confidence for 2024, KPMG’s latest Consumer Pulse survey of 3000 UK consumers shows those feeling worse about their financial security outnumber those feeling more secure by almost two to […] If

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Thanks, but no thanks: Hull is first city in the UK to make Christmas parcel return

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! A resident in Hull became the first person in the UK to return a potentially unwanted Christmas present, data from PayPoint reveals today. In the early hours of Christmas morning, the first parcel was returned to a Collect+ store at 02:57.

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Aldi launches new cookbook in partnership with Team GB and ParalympicsGB

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! ffhas launched a new cookbook in partnership with Team GB and ParalympicsGB, which is available in stores from today. The cookbook, called ‘Eat like a Champion’, includes 80 recipes that have been inspired by athletes and nutritionists such as Paula Radcliffe and Laura and Jason Kenny from Team GB and ParalympicsGB.

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