Mon.Jul 08, 2024

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Ryanair ‘Flight From Hell’ Erupts in Brawl, Forces Emergency Landing

Retail Wire

A Ryanair flight dubbed the "flight from hell" is making headlines after it was forced to make an emergency landing just 36 minutes into the flight following a multi-passenger brawl.

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KFC unveils Christmas in July at world-first Colonel’s Lodge

Inside Retail

KFC is creating Christmas in July this year by opening its first Colonel’s Lodge. The fast food chain is offering three two-night stays in the festive-themed KFC lodge. With every purchase of $30 or more in the KFC app this month customers can enter the draw to win a trip for four people. The winners will enjoy an unlimited supply of KFC Christmas spreads and the services of a KFC lodge butler.

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Target Rips Up Paper Checks as Payment Method

Retail TouchPoints

Citing “extremely low volumes” of customers using personal checks, Target will stop accepting checks for in-store payments on July 15, 2024, as reported in the Minneapolis Star-Tribune and confirmed by Target. The retailer joins several supermarket retailers that have stopped accepting checks, including Aldi , Whole Foods Market and Lidl. “Target is committed to creating an easy and convenient checkout experience, and that includes providing our guests with numerous ways to pay, including our ne

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Bapcor rejects $1.83 billion acquisition offer from Bain Capital

Inside Retail

Automotive parts distributor Bapcor has rejected Bain Capital’s proposal to acquire all its shares for $5.40 apiece, equivalent to about $1.83 billion. Bapcor said the proposal does not represent fair value and is not in the best interest of its shareholders. In a separate announcement, Bapcor said it has appointed 7-Eleven CEO and MD Angus McKay as its new executive chairman and CEO, effective August 22.

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

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Lead and Arsenic Found in Tampons

Retail Wire

The Environmental International journal published a recent study that found more than a dozen toxic metals, including arsenic and lead, in a variety of tampons sold in the U.S. and Europe.

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As Microsoft shuts stores in China, are authorised retailers still relevant?

Inside Retail

The reported closure of Microsoft’s brick-and-mortar stores managed by authorised retail partners in China has raised questions about the tech giant’s strategy in the world’s second-largest economy and whether the move is counterintuitive when the market’s consumer electronics sector has seen a sign of recovery. “Microsoft is undergoing a strategic shift in its retail operations in Mainland China, as indicated by their response to media reports about the potential closure of their authoris

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Why lingerie brand Chouchou Intimates pays no consideration to the male gaze

Inside Retail

Chouchou Intimates, pronounced shoo shoo, is the modern it-girl brand many lingerie lovers have been waiting for. Frustrated with the choice between lacklustre everyday underwear and overpriced luxury lingerie, brand founder Tina Grasso took it upon herself to redefine the category. “I understood that if I couldn’t find high-quality, affordable intimates that resonated with my style and personality, I would have to create them myself,” Grasso told Inside Retail.

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Six Flags and Cedar Fair Merge in $8B Deal, Becoming Largest US Amusement Park Operator

Retail Wire

Last week, Six Flags and competitor Cedar Fair sealed an $8 billion collaboration deal to establish the biggest amusement park owner in the U.S.

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Amazon’s Latest FBA Fee is a Blow for Brands. Here’s What They Can Do.

Retail TouchPoints

Forecasts are always wrong — that is a foundational truth of projecting demand. It’s a game of how close you can get to reality — and how fast you can respond when you miss the mark. To better distribute products across its network, Amazon has started charging sellers that carry consistently low levels of inventory relative to unit sales a low-inventory-level fee for standard-sized products.

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Paramount and Skydance Agree on Merger

Retail Wire

Paramount Global's merger with Skydance Media has finally been approved by Shari Redstone, the daughter of Sumner Redstone.

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Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

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Kendall Jenner, curation and machine learning: Keeping up with Revolve Group

Inside Retail

Revolve Group, the company behind leading e-commerce platforms Revolve and FWRD, has carved out a niche in the fashion industry by combining innovative brand partnerships with cutting-edge technology. FWRD offers a highly curated collection of iconic and emerging luxury brands, while Revolve similarly offers a curated assortment of premium apparel, accessories and beauty products at a lower price point.

Fashion 147
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Target Circle Week Deals: What We Know

Retail Wire

Target Circle Week is one of the most popular shopping weeks of the year.

Shopping 277
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Franchise Council of Australia commences search for CEO

Inside Retail

The Franchise Council of Australia (FCA) is officially on the hunt for a new CEO, posting the $180,000 job vacancy on recruitment website Indeed. FCA chair Brendan Green said “We are seeking a leader who understands franchising, has strong knowledge of advocacy and government relations, and can build relationships to grow not just the FCA but the broader franchising sector.

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Hotels Are Adopting an AI Tool That Scans Discarded Items To Minimize Food Waste

Retail Wire

Hotels are leveraging AI-powered cameras above their kitchen trash cans to reduce food waste from breakfast buffets.

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Composable Commerce Reference Architecture 2024 Edition

Achieve more with your commerce with the help of Orium’s Composable Commerce Reference Architecture 2024 Edition. Presented in partnership with commercetools, Contentstack, and Google Cloud, this edition is packed with new insights and practical examples to help you navigate changes in digital commerce and construct an adaptable tech stack optimized for efficiency and scalability.

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Asda axes in-store refillable trials, due to ‘challenging’ economics

Retail Gazette

Asda has pulled the plug on its store trials of refillable product stations as the economics of the concept was “too challenging” The grocery retailer had partnered with leading manufacturers in trials at four of its UK stores. It said had experienced “operational issues and commercial challenges” with its approach to refillables. “Our research showed that the key barriers which included cost, convenience, cleanliness, and perceived product quality have prevented cu

Grocer 118
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John Deere Layoffs Across 3 US Factories

Retail Wire

Production will shift to a newly planned facility in Mexico.

Planning 246
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Don’t Throw Fellow Employees Under the Bus

Hyken

I couldn’t hold back. I told an employee to stop complaining about her fellow employees in front of us, her customers. Here’s the story. My wife and I were at a restaurant. The server seemed pleasant and professional, but as our food was delivered, we saw a different side of her. There was a mistake in the order. The side dishes we received were not the ones we chose.

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Eli Lilly Announces Plans To Acquire Morphic Holding

Retail Wire

Eli Lilly and Company has released a statement on its official website about a planned deal for Lilly to acquire the company Morphic Holding Inc.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, 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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Best Buy Canada to open 167 small-format stores

Retail Dive

The electronics retailer will enter new communities under a partnership with Bell Canada, which will be responsible for store operating and labor costs.

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Samsung Workers Strike in South Korea

Retail Wire

The three-day strike is a significant labor action in the company's history.

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Timpson boss named as new prisons minister

Retail Gazette

Timpson CEO James Timpson has been named as the minister for prisons, parole and probation under the new Labour government. He has employed more than 600 former prisoners across the retailer’s branches throughout the UK. The retail boss previously served as chair of the Employers Forum for reducing re-offending until 2016, and was appointed as chair of the Prison Reform Trust later the same year.

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Express bankruptcy spurs layoffs at Ohio facility

Retail Dive

The company's logistics and shipping partner Bath & Body Works is shrinking its distribution operations for the apparel retailer due to declines in volume.

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The Pragmatic Guide to Composability

Be empowered to master the digital landscape and implement modular and adaptable composable technologies. Authored by Orium, The Pragmatic Guide to Composability takes readers on a journey from composable’s beginnings to common misconceptions about the approach, then concludes with strategies for choosing implementations that result in quick wins to grow your ROI.

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Asda shakes up management amid slew of departures

Retail Gazette

Asda has reshuffled its management team, amid a slew of departures and arrivals to the business. The supermarket confirmed its chief transformation officer Mark Simpson was stepping down from his role “by mutual consent,” The Grocer reported. Simpson joined Asda back in 1997, and has held various senior positions such as chief supply chain officer and vice president supply chain.

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Self checkout boasts ‘record’ year: report

Retail Dive

The U.S. is the world’s largest self-checkout market, driven in part by supermarket chains and c-stores, even as some retailers pull back on the tech.

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Victoria’s Secret to open new concept store in Glasgow

Retail Gazette

Victoria’s Secret is set to open a new store concept in Glasgow Fort this autumn, which will offer “a refined shopping experience” centred around its lingerie, sleepwear, and beauty products. The new 5,620 sq ft lingerie store will be located near a host of major retailers, including Next, Zara, Mango, Rituals and Pandora. In 2023, Glasgow Fort welcomed a record-breaking 16 million visitors, reflecting its strong appeal to both consumers and retailers.

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EBay to accept Venmo

Retail Dive

After dropping American Express, the marketplace said it will accept payments through Venmo — a digital tool popular among Gen Z and millennials.

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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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Kroger to woo customers with ‘Boost Bonus Days’

Mass Relators

CINCINNATI — The Kroger Co. has announced a mega-sales event that promises to give members of its “Boost by Kroger Plus” premium loyalty rewards program exclusive access to more than $60 in savings during a two-week sales event running from July 10 to July 23. “Boost by Kroger Plus offers members incredible savings every day, and those savings are about to get even bigger with Boost Bonus Days,” said Tom Duncan, Kroger’s vice president of Marketing. “Boost has

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Bob’s Stores to Close All 21 Remaining Locations After 70 Years in Business

Shopping Center

Meriden, Conn. — Bob’s Stores is closing all locations and liquidating its inventory as part of the Chapter 11 bankruptcy restructuring petition filed on June 18. The Meriden-based clothing retailer, which… The post Bob’s Stores to Close All 21 Remaining Locations After 70 Years in Business appeared first on Shopping Center Business.

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CRN challenges denial of preliminary injunction

Mass Relators

WASHINGTON — The Council for Responsible Nutrition (CRN) has filed its appellate brief in the U.S. Court of Appeals for the Second Circuit challenging a New York federal district court’s denial of CRN’s request for a preliminary injunction in its lawsuit against the recent New York State law that imposes age restrictions on the sale of certain dietary supplements.

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Marcus & Millichap Brokers $1.7 Million Sale of Retail Outparcel in Valparaiso, Indiana

Shopping Center

Valparaiso, Ind. — Marcus & Millichap has brokered the $1.7 million sale of a three-tenant retail outparcel located in Valparaiso. Situated within Cumberland Crossing Retail Center, the property was developed in… The post Marcus & Millichap Brokers $1.7 Million Sale of Retail Outparcel in Valparaiso, Indiana appeared first on Shopping Center Business.

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From Concept to Deployment: Building Commerce Storefronts with Composable UI