Tue.Mar 07, 2023

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Lowe’s Brings Back Live Product Sourcing Event for Second Year

Retail TouchPoints

Lowe’s has launched its second annual “Into the Blue” product pitch event, inviting entrepreneurs and businesses of all sizes to apply to get their products on the home improvement retailer’s shelves. Both U.S.-based and international companies and individuals with ready-for-market products can apply through March 20, 2023. Selected prospective suppliers will be invited to attend a live pitch event on June 13, 2023 that also will feature networking opportunities, a supplier fair and educational

Marketing 277
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Aje co-founders step up, appointing three divisional CEOs

Inside Retail

The co-founders of Australian fashion company Aje – Adrian Norris and Edwina Forest – are stepping up into new roles and appointing CEOs to each of the company’s three operating divisions as the company pursues international growth. Norris will move into the new role of group CEO at Aje Collective, overseeing its three divisions: Aje, Aje Athletica and the beauty brand Ikkari.

Apparel 246
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Former L’Oréal Exec Named CEO of LVMH Beauty

Retail TouchPoints

LVMH has appointed Stéphane Rinderknech as Chairman and CEO of its Beauty Division in addition to his current role as head of LVMH Hospitality Excellence. Rinderknech will now also take global responsibility for the company’s beauty roster, with brands including Parfums Christian Dior , Guerlain , LVMH Fragrance Brands ( Parfums Givenchy and Kenzo ) and Kendo now reporting directly to him.

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Bunnings’ pet play: a market-disrupting combination with impeccable timing

Inside Retail

Don’t let the latest retail sales figures fool you. Times are tough for some already and getting tougher for more before they get better. At least, that’s what the economists are telling us. And when times are tough, history says people pull up the drawbridge and focus on what is most important to them. When psychology reflects savage economics, we gravitate to value for money, home comfort (and improvement), little luxuries and family.

Marketing 246
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From Data to Decisions: Maximizing Retail Potential with 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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Ross Stores Plans 100 Openings in 2023 as it Pursues Goal of 3,500+ Stores

Retail TouchPoints

As part of the retailer’s plans to open 100 locations in 2023, Ross Stores opened 11 Ross Dress for Less and eight dd’s Discounts stores in 13 states during February and March. The 2023 additions will include 75 Ross and 25 dd’s Discounts locations. The latest batch of store openings marks dd’s Discounts’ entry into Wisconsin and has led to a larger presence for both banners in California, Texas and Florida.

Planning 261
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From Snoop Dogg to DVF: How collabs help drive growth at Skechers

Inside Retail

Skechers has teamed up with renowned apparel brand Diane von Furstenberg (DVF) on its Endless Kisses Capsule range, which will see the latter brand’s iconic lips design feature on Skechers fashion sneakers, footwear and recovery sandals. The collaboration also extends to Skechers t-shirts, leggings, shorts and racerback longline bras, and marks the brand’s first coordinated apparel and footwear collaboration.

ATS 246

More Trending

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How retailers are tackling gender inequality this IWD

Inside Retail

Retailers have announced a slew of events, fundraising initiatives and campaigns that aim to raise awareness of the ongoing issue of gender inequality in conjunction with International Women’s Day (IWD). Held each year on 8 March, IWD is a global event that is intended to mark the achievements of women and promote gender equality in all aspects of life, from access to education and employment to the health and safety of women in everyday life.

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California Won’t do Business with Walgreens Over Abortion Pill Stance

Retail TouchPoints

California Governor Gavin Newsom has tweeted that the state will no longer do business with Walgreens , citing the pharmacy chain’s refusal to distribute the abortion pill Mifepristone in 20 states where its use has been outlawed. The Supreme Court’s 2022 Dobbs decision repealing Roe v. Wade has made it more difficult for women seeking abortions in many states and shifted the battleground to the distribution and availability of these medications, putting many pharmacy chains in the middle of con

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Selling your business? Focus on what matters to buyers

Inside Retail

he past two years brought an unprecedented boom in M&A activity across the retail sector. Many retailers not only enjoyed record profit margins, many of those that sold their business achieved extraordinary outcomes. Now the economic landscape is changing, with the RBA lifting interest rates and the appetite for retail transactions slowing, compared with the highs of the immediate post-Covid period.

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SPORT 2000 Launches New “Home of Experts” Retail Concept for Global Expansion

Retail Focus

Creative agency, Mynt , has designed a new retail concept for SPORT 2000, the international sports retail giant. The new concept, which was first launched at the Tribeca Mall in Mauritius, is being rolled out into various store shapes, sizes, and formats globally. The 1,000sqm concept brings to life SPORT 2000 ’s new brand positioning, ‘Home of Experts,’ which was also devised by Mynt.

Outdoor 182
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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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Next-gen Lego store opens in Sydney suburb

Inside Retail

Danish toy manufacturer Lego Group is set to open a Lego-certified store featuring a brand new design format in Sydney’s Macquarie Centre. Retail investment platform Alquemie Group – which currently operates 13 Lego-certified stores across Australia and New Zealand – described the new store as an “immersive, personalised and interactive retail offering” It features a wide range of Lego sets and 3D models as well as signature features such as the ‘Pick A Brick’ wall and a Minifigure S

Consumer 130
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Sephora’s First UK Store Opens Today in Westfield White City

Retail Focus

SEPHORA , the global beauty retailer, is set to open its first physical store in the UK today at Westfield White City in West London. After the unprecedented demand following the launch of its website and app last autumn, British customers will now be able to shop in-store across a space spanning over 6,000 square feet. The store boasts next-generation design features that will enhance the retail experience for customers, such as soft geometric shapes, ambient lighting, textured finishes, and su

Shopping 173
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Award-winning Narellan Pools franchisees are setting a family trend

Inside Retail

Excellence in business brings its own rewards as one Narellan Pools franchisee couple has discovered. Dean and Chontelle Douglas scored an astonishing 100 per cent satisfaction rating in a survey gauging customers’ willingness to recommend the service. “We pride ourselves on our customer service. If it wasn’t for the clients we wouldn’t have a job,” says Chontelle.

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Window France Wins Creative Retail Awards’ EuroShop 2023 Best Stand Award

Retail Focus

The Creative Retail Awards, an annual event that celebrates innovation and excellence in retail, leisure, and hospitality design, has crowned Window France the winner of the Creative Retail Awards EuroShop Best Stand 2023. Over 1800 EuroShop exhibitors were automatically entered into the competition, which took place in Düsseldorf, Germany from February 26 th to the 2 nd of March.

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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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Why luggage retailer July is full of optimism about the journey ahead

Inside Retail

Coming off a strong rebound from Covid in 2022, the luggage retailer’s founder Richard Li sees a big year ahead due to surges in travel. We recently spoke with Li about the biggest opportunities and challenges facing the business now. Inside Retail: What was July’s performance like in 2022? Richard Li: 2022 was an incredible year for us. Following two years of lockdowns and travel restrictions, it’s been so exciting to see how much we’ve grown in the past 12 months.

Planning 130
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Under Armour Opens First UK Brand House in Liverpool ONE

Retail Focus

Under Armour, the global sports apparel brand, has opened its first UK Brand House in Liverpool ONE in spectacular fashion. To mark the occasion, Liverpool and England footballer Trent Alexander-Arnold took on the challenge of taking a free-kick to smash open the windows and officially launch the new store. The launch event saw Under Armour athlete Trent Alexander-Arnold and football presenter Josh Denzel host a Q&A session with youth football athletes from local Tiber Football Centre.

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APAC customers are becoming more discerning and demanding: WGSN’s Jess Tang

Inside Retail

In February, global trend forecaster WGSN boldly declared that “economic optimism is driving Asia’s consumers back in stores as they step away from their screens and live it up in real life” in its annual Asia Shopper Forecast report. According to WGSN senior consultant Jess Tang, consumers in the APAC region will be looking for “sensory adventures”, and this will in turn drive a comeback for physical stores.

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Luxury electric vehicle manufacturer Lucid Motors opens first Scandinavian studio in Oslo’s Promenaden district

Retail Focus

Promenaden Management, the company behind Oslo’s luxury retail destination, has announced the opening of Lucid Motors’ first store in Scandinavia. The American luxury electric car manufacturer opened the doors of its latest retail space on Saturday 4th March in Karl Johans gate 16C, nestled among other high-end brands such as Dior, Louis Vuitton, Hermès and Gucci, which were all introduced to the district by Promenaden and its parent company MARK, a pan-European investment manager.

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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.

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Biden administration and Congress try to resolve the TikTok problem

Retail Wire

The Biden administration and members of Congress agree that severe limitations, if not an outright ban, is required on TikTok. Political leaders and security experts are concerned that the Chinese government may access the personal data of Americans collected by the video-sharing app. ByteDance, the parent of TikTok, is based in China.

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OnBuy.com ranks as Europe’s fastest-growing eCommerce business

365 Retail

OnBuy.com , a British online marketplace, has been ranked as Europe’s fastest-growing eCommerce business in the latest FT 1000 list. The prestigious annual list ranks businesses by revenue growth across Europe, with OnBuy placing 26th after achieving a remarkable 3402% growth since 2018. OnBuy’s CEO, Cas Paton, spearheaded the business’s growth, which currently has around six million customers and over 35 million products onsite from a wide range of sellers across various categ

Consumer 106
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Americans are not happy with the service they are getting

Retail Wire

Seventy-four percent of consumers report having a problem with products and services, according to the National Customer Rage Survey. That’s up from 66 percent in 2020, 56 percent in 2017 and 32 percent in 1976.

Consumer 130
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US livestream commerce expected to surpass $31B in 2023: report

Retail Dive

Though the livestream trend is expected to grow in the coming years, some retailers have attracted more consumers than others.

Consumer 116
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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

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Walmart closing remaining stores in Portland

Retail Wire

Theft and vandalism in Portland, OR, are among the factors that Walmart said made it impossible to continue operating its two remaining stores in the city.

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New York Attorney General Announces Proposed Rules Targeting Price Gouging

Hunton Andrews Kurth

The New York Attorney General’s Office (OAG) recently announced several proposed rules are intended to combat price gouging in New York during state emergencies. The OAG promulgated the rules pursuant to its authority under New York General Business Law 396-r , which makes it unlawful to sell goods and services “vital and necessary for the health, safety and welfare of consumers or the general public” at an “unconscionably excessive price” during “any abnormal disruption of the market.

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Toblerone says ‘Ade’ to Matterhorn logo

Retail Wire

Toblerone has to drop its Matterhorn logo after its owner said it would shift part of the Swiss chocolate candy’s production to Slovakia. The logo was created in the Swiss city of Berne in 1908. Moving production to Slovakia puts the brand in violation of Switzerland’s “Swissness Act,” requiring products to meet criteria to identify as Swiss-made.

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Atrium, Best Buy partner to co-develop hospital-at-home programming

Retail Dive

The multi-year partnership combines Atrium’s hospital-at-home program and existing telemedicine infrastructure with Best Buy’s at-home care business, along with the retailer’s home installation and supply chain capabilities.

ATS 106
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Retails Next Frontier: Exploring and Proving the Value of AI

AI is everywhere. It’s in customer service interactions, product recommendations, marketing outreach, and yes, even commerce experiences. But not every use of AI provides the same value to your brand. In this masterclass, experts from Constructor, commercetools, Contentstack, and Orium discuss how AI can complement your composable tech stack and help bring in immediate ROI.

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Lowe’s and Wayfair to operate DCs on former WWII airfield

Retail Wire

Lowe’s and Wayfair will operate massive distribution warehouses in East Hartford, CT, on the grounds of a former airfield next to Pratt & Whitney’s headquarters. Local officials celebrated a ceremonial groundbreaking at the site. “Two point five million square feet of combined floor area between the first two buildings under construction is roughly equivalent to the Empire State Building,” said Ed Marsteiner, a managing partner of National Development.

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Kohl’s shrinks inventory position after ‘out of control’ levels in 2022

Retail Dive

The retailer will ask its suppliers to get more “nimble” as it plans for less product and chases demand signals, according to the head of Kohl’s digital business.

Planning 102
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WeightWatchers buys its way into telehealth market

Retail Wire

WW International, better known as WeightWatchers, said it is acquiring Sequence, a digital health subscription company that connects patients with healthcare providers specializing in weight management. “Clinical interventions require better education, access, care management, community and the integration of a complementary lifestyle program for best results.

Marketing 100
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Everything Must Dough: Krispy Kreme is giving away free doughnuts at the last minute before shops close for one week only

Retail Times

Krispy Kreme is bringing joy to doughnut lovers by giving them the chance to snap up last-minute boxes of doughnuts for FREE.

Shopping 105
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2024’s Retail Odyssey: Going Small, Artificial, and Augmented!

Speaker: Kelly Goetsch - Chief Strategy Officer at Commercetools | Jason Cottrel - CEO & Founder at Orium | and guest speaker Brendan Witcher - VP, Principal Analyst at Forrester

Significant modifications are on the horizon for digital commerce in retail and customer experience come 2024. The pace of tech shifts will intensify, businesses are set to defund legacy solutions, and attractive opportunities will surface as social and retail media players join forces. To stay ahead of the curve, digital leaders are experimenting with less risky initiatives and scaling back on outdated projects that no longer yield impactful results.