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Boxed has filed for Chapter 11 bankruptcy protection and will wind down its retail operations while pursuing a sale of its software business. The ecommerce retailer will fund and protect its near-term operations and cover administrative expenses through access to its cash collateral. Spresso, Boxed’s Software-as-a-Service platform, will be transitioned into a new, separate legal entity during this period and will continue as a going concern.
Wellness and beauty retailer BWX’s Australian operations have been placed in voluntary administration as the company struggles to combat inventory and working capital issues. Kate Warwick, Joe Hansell and Kelly Trenfield of management consulting firm FTI Consulting have been appointed administrators, effective immediately. They intend to continue the directors’ search for a buyer for BWX’s stake in skincare brand Go-To.
Retail operations are an increasingly popular target for cybercriminals. The growth of online shopping, self-checkout systems, point-of-sale transactions and other digital processes has created numerous opportunities for attackers. Employing tactics ranging from social engineering to credit card skimming, criminals can attack anywhere along the supply chain, from payment system providers to customers.
Coffee retailer Zarraffa’s has opened a drive-thru store model in Beaudesert, with an eye to introducing drive-thru-only stores nationally. The new Beaudesert outlet is located at 1 Oakland Way and is owned and operated by Jordan Wyborn and Ashley Byers, who also own four locations in Toowoomba North, Redbank Plains, Greenslopes, and Pacific Pines.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Just one year ago the business world was ablaze with the potential of the metaverse — new virtual worlds and NFT launches were a seemingly daily occurrence as experts and evangelists envisioned a meta-future; one major tech company even rebranded to capture the movement. But then the economy took a turn, people regained the ability to interact in the physical world, ChatGPT debuted and the metaverse hype turned out to be just that, hype — mostly.
Campaign corner Bitter ending. Many things have bitter endings, but your beer doesn’t have to have one. Heineken Silver’s commercial is a captivating Viking tale, in which a king searches the forest for his lost daughter. He finds her with his enemy's son and becomes enraged. The king confronts the boy and lists his family's grievances. However, the boy offers a gift of Heineken Silver and proposes marriage to the king's daughter.
Build-A-Bear Workshop has appointed Julia Fitzgerald as its new Chief Marketing Officer with the goal of further driving the company’s profitable growth through the “strategic evolution of the company and monetization of the powerful brand equity.” Fitzgerald will be a member of Build-A-Bear’s senior leadership team, reporting directly to CEO Sharon Price John.
Build-A-Bear Workshop has appointed Julia Fitzgerald as its new Chief Marketing Officer with the goal of further driving the company’s profitable growth through the “strategic evolution of the company and monetization of the powerful brand equity.” Fitzgerald will be a member of Build-A-Bear’s senior leadership team, reporting directly to CEO Sharon Price John.
Woolworths Group chief executive Brad Banducci has said one of the contributing factors in a year-on-year fall in vegetable consumption was supply chain and price constraints the sector has seen in the past year, and that the business is working to ensure healthier options are more affordable moving forward. “Price has been a major driver of that, and it’s very much on our minds – if we can make one difference in the next year, it’s going to be around the affordability [of vegetables],” Banducci
H&M will debut a new collection of compostable baby clothes that have earned Gold status from the Cradle to Cradle Products Innovation Institute on April 6, 2023, both in stores and online. The clothing and accessories in the 15 -piece line are made with organic cotton and include a bodysuit made without metal or plastic trims. “Room to grow” details such as adjustable waists, foldable waistbands and cuffs are designed to extend the usable life of the clothing.
Great Portland Estates (GPE) has announced that The Fragrance Shop, the UK’s largest independent fragrance retailer, will open its first experiential flagship store at 70/88 Oxford Street in London. The deal finalises the leasing for the entire development. Unit 2 at 70/88 Oxford Street will house the brand’s new store, which spans 2,300 sq ft and boasts an impressive eight-metre double-height frontage.
More than 66% of U.S. households own a pet, according to the APPA National Pet Owners Survey. These 86.9 million or so homes spent $136.8 billion on pet food and treats, supplies, medicine, vet care and other services in 2022, and are predicted to spend $143.6 billion in 2023. Consumers spending more on their “fur babies” presents a big opportunity for brands like Myos Pet , which provides canine supplements crafted with Fortetropin® that are clinically proven to build muscle for better mobility
AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran
The online shopping experience has grown exponentially in recent years and has changed to encompass much more than just a website with an online storefront. Think about it, when was the last time you were scrolling through your social media and came across an ad for a product? Nearly every time, right? It usually goes something like this: you’re scrolling through your feed looking at normal posts when you come across an advertisement for a product.
Activist investor ValueAct Capital sent an open letter to Seven & I Holdings asking the company to spin off 7-Eleven as its own company. ValueAct is pushing for a re-evaluation of the company and a restructuring that would create a “global champion 7-Eleven company.” The activist investor owns a 4.4% stake in the retailer and has been pushing for change since 2020.
Cadogan has announced that athleisure brand Varley will open its first European store at 110-112 King’s Road in summer 2023. The brand, founded by Lara and Ben Mead in Los Angeles in 2015, is known for creating classic, stylish, and functional clothing for women, championing quality and community. The 2,203 sq. ft store has been signed on a five-year lease and will hold a prominent position on King’s Road, joining recent arrivals Lampoo, Reformation, and self-portrait.
Walmart has revamped its digital storefront to give customers “a sleek new look and experience that offers a more engaging way to browse and discover our incredible assortment,” said Tom Ward, EVP and Chief Ecommerce Officer of Walmart U.S. in a blog post outlining the updates. The key change to the Walmart.com experience is a completely redesigned homepage both online and in the Walmart app.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
Independent lifestyle boutique, Lark London, has opened its first store outside of London at Woking’s Victoria Place. The 1,558 sq ft space on 7 Commercial Way showcases the brand’s signature Scandi-inspired style and features over 300 small independent brands, including The Aromatherapy Co., My Doris, and Ortigia Sicilia. Founded by Dominic and Priya Aurora-Crowe, Lark London was created to fill the gap in the market for affordable, independent lifestyle boutiques.
L’Oreal has acquired Australian luxury cosmetics brand Aesop from Brazil’s Natura & Co Holding for US$2.525 billion (A$3.7 billion). Established in 1987 and headquartered in Melbourne, Aesop sells premium skin, hair and body care products through a global network of own-brand stores and third-party sellers. Natura & Co acquired a 65 per cent interest in the brand in 2012 for US$71.6 million, and four years later bought the balance, suggesting a massive capital gain from the brand w
Walmart has redesigned its website and app to use bigger photos, make use of videos and social media content. “When you walk into a store, you get inspired and excited by what you see,” said Tom Ward, Walmart’s chief e-commerce officer. “And so we thought, ‘How do you drive that same inspiration and excitement in our closest store — in our app?
Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.
Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) a month buying necessities like groceries, clothes and gadgets, all by tapping a few buttons on his mobile phone. “My only offline spends are bars and restaurants, when I go to meet friends,” said the 24-year-old engineering graduate.
As the popularity of electric cars grows in the UK, many stores are recognizing the need to provide electric car charging points for their customers. In this blog post, we will take a look at some of the stores that are now installing electric car charging points in the UK. Tesco: Tesco has partnered with Pod Point to install electric car charging points at over 600 of its stores across the UK.
We know business managers are losing time and resources on over-complicated tech. Now’s the time to believe in a better way with the MYOB business management platform. If you’ve ever managed a business, you’ll know it takes a lot of hard work and resilience just to keep the lights on. In recent years, Australian and New Zealand businesses have proved this point time and again.
There can be no disputing that PayPal is the biggest name in fintech. PayPal predates the moniker fintech. It has been with us since the dawn of e-commerce and was fundamental to the whole sector getting off the ground. When the world wide web was in its infancy, eCommerce seemed impossible. Not only were dial-up connections painfully slow , but there was no secure way to make payments.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Fashion retailer Ralph Lauren has opened its first “World of Ralph Lauren” store in Sydney on the corner of Pitt and King Street in the heart of the city’s CBD. The Victorian-style 1878 heritage building has four floors and a private rooftop. The materials used in the shop include stone mosaic, stained wood, antique brass, and painted furniture.
In tough economic times, business leaders are generally looking to rein in spending, so it’s understandable that they require a high return on investment before they give any capital expenditure the green light. But in his keynote speech at last week’s Retail Fest conference on the Gold Coast, experienced retailer and customer-centricity expert Martin Newman told audience members that ROI alone isn’t enough to guarantee success in the future.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
I was first attracted to this company because of (i) its mission and values, (ii) its strong commitment towards its clients (iii) the chance to work with talented and motivated. The post Employee Spotlight: Meet Hetal, Our Legal Head & Company Secretary appeared first on Blog.
Members of the OPEC+ said they would cut oil output by more than a million barrels a day. Prices of West Texas Intermediate crude jumped six percent on the news.
When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
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