Tue.Sep 10, 2024

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A beginner’s guide to leasing and lease terms in the retail sector

Retail Focus

If you’re launching a retail business, finding and renting an accessible base to sell to your target demographic is a huge step. Learning the nuts and bolts of leasing commercial property and lease terms, in general, can help you make informed decisions to impact your start-up’s chances of success. How retail leasing works When you lease retail space, you’re effectively renting commercial space where your business can welcome customers to market and sell your goods or services.

Marketing 130
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Amazon Streamlines Sales of Brick-and-Mortar Inventory with New Integration

Retail TouchPoints

Data management platform Feedonomics has integrated with Amazon Today , a program that allows retailers with brick-and-mortar locations to sell their in-store inventory on Amazon. Participating Amazon Today retailers can provide both Amazon Prime and non-Prime shoppers with access to same-day delivery and in-store pickup options at their physical locations.

Location 264
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Alibaba’s Freshippo launches into Australia with local partner

Inside Retail

Alibaba-owned grocery chain Freshippo will launch its first presence in Australia, in partnership with Ebest, the local online Asian supermarket. Freshippo’s items will be available through Ebest’s shopping app and website, with a product selection tailored to the Australian market, including Chinese delicacies such as snacks, juices, tea drinks, and culinary sauces.

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Roblox Unlocks In-Game Commerce with Shopify Integration

Retail TouchPoints

Roblox has announced a new commerce integration with Shopify that will allow brands with Shopify storefronts to sell physical items directly in their Roblox games. Shopify plans to begin piloting the integration soon, with a larger launch of the capability planned for 2025. Shopify President Harley Finkelstein as a Roblox character. (Image courtesy Shopify) “You’ll be able to buy everything from clothing to unique accessories, collectibles [directly on Roblox] — the possibilities are endless,” s

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

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Google Adds Dresses to Its Virtual Try-On Tool

Retail Wire

Google's new virtual try-on tool for dresses aims to help cut down on returns, resulting in happier customers.

Returns 231
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What We’ve Learned from 20 Years of Trying Virtual Try-Ons 

Retail TouchPoints

According to recent estimates , there are over 26 million ecommerce sites globally. Still, despite the convenience and wealth of choice that online shopping offers (and shoppers love), these sites are only responsible for a modest portion of all retail sales. In the U.S., home to over half of online retail sites, the proportion is only about 16%, per the U.S.

More Trending

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Snoop Dogg Sparks Brand Awareness, Lowers Acquisition Costs for Solo Stove

Retail TouchPoints

When Luana Bumachar joined Solo Brands as its new Chief Marketing Officer, there was a big debate permeating the industry: did Solo Brand’s viral campaign with Snoop Dogg actually work, or did it all that time and money go up in smoke? Industry practitioners and pundits believed that while renowned cannabis user Snoop claiming he “gave up smoke” in exchange for a Solo Stove generated a lot of buzz, it didn’t drive tangible business results.

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FBI Reveals Americans Lost $5B in Cryptocurrency Scams Last Year

Retail Wire

Scammers often steal money from victims using fake cryptocurrency investment schemes.

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JCPenney and Jamey Perry Launch Fashionable Adaptive Apparel Line

Retail TouchPoints

JCPenney has partnered with disabled writer and athlete Jamey Perry on a line of fashionable, functional apparel for women who use wheelchairs. The collection includes 18 styles at prices ranging from $44 to $99 and includes blazers, dress slacks, blouses and cocktail outfits, all designed to reduce common issues faced by women in wheelchairs. The limited-time collaboration was launched Sept. 9 at the Runway of Dreams Fashion Revolution show at New York Fashion Week.

Apparel 238
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Domino’s Says No to Shrinkflation With MOREflation Promo

Retail Wire

The pizza chain is rejecting the concept of less is more.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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Thrive Market Taps Instacart to Launch New Retail Media Network

Retail TouchPoints

Health-focused online grocer Thrive Market plans to launch a retail media network powered by Instacart ’s Carrot Ads solution. Thrive Market will use Carrot Ads to help connect brands with its more than 1.5 million members through sponsored product and display ads on its own website and app. “Thrive Market’s personalized experience makes healthy living more accessible,” said April Lane, Chief Merchandising Officer of Thrive Market in a statement. “This partnership redefin

Marketing 218
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McDonald’s & Crocs Collaborate for the Second Year in a Row With a Happy Meal

Retail Wire

McDonald's and Crocs collaborated last year as well.

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Levi’s to Expand In-Store Associate ‘BackPocket’ App to Mexico

Retail TouchPoints

Levi’s will create a localized Mexican version of its in-store associate BackPocket app, already in use in 14 countries including the U.S., Canada and a number of European nations. The app allows associates, which Levi’s calls stylists, to access customers’ Red Tab loyalty program accounts (with their permission), giving the stylists the data they need to make better recommendations.

Checkout 203
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How Tower 28 Amy Liu used her industry experience to build a clean beauty empire

Inside Retail

Amy Liu embodies the phrase “necessity is the mother of invention”. As a beauty industry veteran with over 20 years of experience, Liu knows what works for the mainstream beauty market. However, after having trouble finding products that catered to her own highly sensitive skin requirements, the entrepreneur decided to take matters into her own hands.

Planning 147
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How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.

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Southwest Airlines Unveils Major Board Overhaul

Retail Wire

Southwest Airlines Co. has released a letter from its executive chairman of the board of directors regarding a significant update to its board structure, marking the next phase of its comprehensive board refreshment plan.

Planning 130
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J Crew’s catalogue proves that print is still king in the fashion industry

Inside Retail

J Crew’s catalogue has long been a coveted fashion reference to timeless style and now the brand is ready to capitalise on its own lore. After discontinuing its paper mailer in 2017, the J Crew catalogue is back. The strategy behind the catalogue relaunch is not a hail mary to return J Crew to its former glory – the company’s sales are close to US$3 billion this year, according to its CEO Libby Wadle – but rather to evoke a sense of nostalgia amongst customers and reposition itself as the pionee

Fashion 147
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New CEO Brian Niccol Plans To Help Starbucks Rediscover Its Core Identity

Retail Wire

In his inaugural week as the new Starbucks CEO, Brian Niccol has issued a public letter to instill confidence, sharing his personal insights with strategic direction.

Planning 130
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Why K-beauty is a must-know market 

Inside Retail

It’s almost midnight, the blue light from my phone penetrates my epidermis as I shop for products to give me glass skin. (The irony of which is not lost on me.) Meanwhile, my TikTok algorithm serves me a continuous loop of K-beauty products “that actually work” And if you studied my bathroom vanity, you’d probably think I was conducting a science experiment, complete with an obsession with snail mucus and rice water.

Marketing 147
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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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Bank of America Raises Hourly Wage to $24 Per Hour

Retail Wire

The company is committed to helping its employees with generous hourly rates.

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Why fashion brands from Tommy Hilfiger to Loewe are embracing K-pop stars

Inside Retail

US designer Tommy Hilfiger browses through a rail of custom-made suits worn to this year’s Met Gala by K-pop stars Stray Kids, before opening up a tuxedo to reveal a special label. The eight-member South Korean boy-band are Tommy Hilfiger brand ambassadors and caused an online frenzy when they became the first K-pop group to attend the prestigious Manhattan fashion event in May. “We did a special label ‘Tommy Hilfiger with the Stray Kids’ and they loved it, we loved it an

Fashion 130
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Panera’s Newest Promo Offers Discounts on Fan Favorites for a Limited Time

Retail Wire

Panera is offering fan-favorite menu items at a discounted price.

ATS 147
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Reebok says ‘Hi, Barbie’: Brands tackle gender stereotypes with unisex capsule

Inside Retail

Barbie fever is not over yet; at least that is Reebok’s hope. The global sportswear brand has partnered with Mattel to curate a unisex capsule collection that aims to break down gender stereotypes and empower girls and women. The 16-piece collection offers footwear and retro-inspired apparel with futuristic styling for both kids and adults, to cater to the whole family.

Apparel 130
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A Blueprint for B2B Commerce

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.

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The Secret to Outperforming the Competition: It’s Not Just About Customers

Hyken

In a recent Amazing Business Radio episode, I interviewed Rony Vexelman, the VP of marketing at Optimove , who said, “Companies that put their customers at the center are the companies that are outperforming their competition.” Who would disagree with that statement? Well, Heather Quick Ginevan did, and she included a great explanation in just one sentence.

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Boohoo to close US warehouse and fulfil American orders in UK

Retail Gazette

Boohoo is realigning its operations in the US as part of its strategy to “reposition the group for sustainable, profitable growth” The online fashion giant will stop using its US distribution centre in Pennsylvania and now fulfil all US orders from its automated distribution centre in Sheffield, in a bid to broaden its product offering for shoppers across the pond and expand its routes to market.

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Trinny London Opens Flagship Store on King’s Road

365 Retail

A burst of yellow now brightens the iconic King’s Road, as Trinny London opens the doors to its highly anticipated flagship store. Designed to offer an uncompromising shopping experience, the new space features interactive product-play areas and designated breakout zones, delivering a fully guided and personalised beauty journey that helps customers feel their best.

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Data: Lidl gains pace as Asda’s market share plummets

Retail Gazette

Lidl enjoyed a bumper quarter thanks to a surge in sales, while a weak performance at Asda sent its market share plummeting. The latest data from Kantar shows Asda’s sales fell 5.6% in the 12 weeks to 1 September, with its market share dropping 1.2 percentage points to 12.6%. While Lidl enjoyed a 9.1% boost in sales driven by digital vounchers for its bakery items that helped push its market share up to 8% in the period.

Marketing 111
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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

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BRACH’S Unveils First-Ever Candy Corn Suite for Fall Fanatics

Retail Wire

The Candy Corn Suite is the first of its kind.

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PrettyLittleThing founder Umar Kamani returns to helm

Retail Gazette

PrettyLittleThing founder Umar Kamani is returning to the fast fashion retailer as he vows to make the brand special again. Kamani, who stepped down last April , said his return “marks the beginning of a new chapter for the fashion giant” as he looks to “put customers at the forefront” of every business decision. He doesn’t have a specific job title but will be in charge of all operations.

Returns 111
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ICX Summit: How sustainability plays into the customer experience

Retail Customer Experience

Shawn Nelson, founder and CEO of Lovesac, a keynote speaker at the ICX Summit, shared insight on how sustainability impacts the retail customer experience.

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WHSmith profit edges up boosted by booming travel sales

Retail Gazette

WHSmith group pre-tax profit edged up as its travel sales continue to soar. Profits increased by £1m to £46m for the year ending 31 August 2024, as group sales rose 7% driven by a 10% increase in its travel division. Profits from the retailer’s travel arm profit rose from £47m to £50m, however, its high street operations saw profit slip from £24m to £22m.

Planning 109
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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!