Fri.Dec 08, 2023

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3 Things Connected TV Can Do that Linear Can’t

Retail TouchPoints

This year for the first time ever, the viewership share of linear television (i.e. traditional broadcast and cable) has fallen below 50% , according to Neilsen. But it’s not that people aren’t watching TV; it’s just that they are no longer watching it the way they used to: streaming is rapidly taking over and now represents nearly 39% of total TV usage.

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Walmart CEO Shares Ambiguous Retail Sales Outlook for 2024

Retail Wire

Amid the holiday shopping surge, Doug McMillon, the CEO of Walmart, is voicing doubts about the sales outlook for the subsequent months.

Shopping 299
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Government set to regulate digital platforms

Inside Retail

The Australian Government has agreed in principle to a proposed set of competition and consumer laws designed to address harms caused by digital platforms. The Australian Competition & Consumer Commission (ACCC) recommended these laws last year, seeking mandatory codes of conduct for certain digital platforms to prevent anti‑competitive practices such as self-preferencing and tying.

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The Boon and Bane of Self-Checkout for Retailers

Retail Wire

Retailers appreciate the allure of self-checkout. However, the elevated rate of inventory shrinkage is a pressing concern in the retail industry.

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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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Michelle Gass to Take the Reins at Levi’s when CEO Chip Bergh Retires in 2024

Retail TouchPoints

Current Levi Strauss & Co. President Michelle Gass will succeed CEO Chip Bergh when he retires next year, the company’s board of directors has announced. Gass will formally take the reins on Jan. 29, 2024, a few months prior to Bergh’s departure, which is scheduled for April 26, 2024. Bergh has been elected as Executive Vice Chair of the Levi’s board until his retirement date, after which he will transition to the role of senior advisor until the end of the company’s 2024 fiscal year.

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Amazon’s Strategic Blueprint for Southern California Expansion Leaked

Retail Wire

An undisclosed internal Amazon document has recently shed light on the company's meticulously conceptualized initiatives designed to expand its foothold in Southern California.

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More Trending

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The luxury brands being lit by sustainable retail lighting

Retail Focus

The Bicester Collection, created and operated by Value Retail, is a family of 11 luxury shopping destinations in Europe, the UK and China, and soon in the US. Locations include distinguished retail spaces like Maasmechelen Village near Brussels, Kildare Village near Dublin, and Bicester Village near London. A staggering 41 million people shopped and dined at a The Bicester Collection in 2022!

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Amazon Tests Out New Prime Benefit — Grocery Delivery

Retail TouchPoints

Amazon is piloting an add-on grocery subscription for Prime members in three cities that will give members access to unlimited grocery delivery on orders over $35 from Whole Foods Market and Amazon Fresh , as well as unlimited 30-minute pickup on orders of any size. The service — which is being tested in Denver, Sacramento, Calif. and Columbus, Ohio — will cost Prime members an additional $9.99 per month.

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David M Robinson opens city debut TAG Heuer boutique at Liverpool ONE

Retail Focus

Grosvenor has announced that British luxury jewellery retailer, David M Robinson (DMR), has opened its new boutique at Liverpool ONE , in partnership with Swiss watch brand, TAG Heuer. The launch of the 3,600 sq ft store on South John Street marks the first partnership of its kind for TAG Heuer and DMR in the city and the largest TAG Heuer Boutique in the UK, adding to the destination’s extensive portfolio of well-renowned, luxury watch and jewellery brands.

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The Secret Behind Quick-Turn Merch: A Strong Partner

Retail TouchPoints

From Barbie to the Super Mario Brothers movie and even the debut of Travis Kelce and Taylor Swift’s electrifying relationship, the last few months have been filled with pop culture moments that have captivated almost the entire world. Everywhere you look, someone is talking about these moments. To take the obsession even further, it seems like everyone is wearing branded apparel promoting them.

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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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Use of AI Apps to Undress Women in Photos on the Rise

Retail Wire

Apps that create deepfake nudes, which are digitally altered images that make a person appear to have no clothing on, are typically created without a person's

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Cats, Dogs, Crafts and Christmas: Michaels and PetSmart Cross-Promote for the Holidays

Retail TouchPoints

Michaels and PetSmart might not seem like the most logical marketing partners (although cats do love to play with yarn), but they are nevertheless teaming up for a limited-time holiday cross-promotion. Michaels’ email subscribers have received a 20 % off PetSmart coupon (good through Dec. 10 and only in the U.S.), while members of the PetSmart Treats loyalty program are getting 70% off at Michaels plus an extra 10% off custom framing collections, through Dec. 13 — perfect for framing a photo of

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Honeywell Acquires Carrier’s Security Unit in a $4.95 Billion Deal

Retail Wire

American industrial conglomerate Honeywell announced on Friday its plan to acquire the security unit of air conditioning maker Carrier for a whopping $4.95 billion.

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Exclusive: Wilko owner eyes 40 stores in next 12 months

Retail Gazette

Wilko owner Chris Dawson has revealed plans to open up to 40 new UK stores next year as he looks to restore the discount chain to its former glory. The Range owner, who bought Wilko out of administration in October, told Retail Gazette he is targeting “shopping centres and only very busy high streets” for the new stores. “I would say 30 to 40 in the first year,” Dawson said.

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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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SpaceX Shares Valued Above Disney and Comcast

Retail Wire

In what seems to be a trend of astronomical success, SpaceX, the brainchild of Elon Musk, is reportedly contemplating a share sale.

Marketing 147
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Why Consulting Firms Need to Harness Advanced Retail Analytics

Intelligence Node

5 Days to Superior Data Insights with Intelligence Node The New Retail Reality In today’s dynamic retail landscape, the ability to make informed, data-driven decisions is not just an advantage; The post Why Consulting Firms Need to Harness Advanced Retail Analytics appeared first on Blog.

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Lululemon Sees Decrease in Shares and Strong Demand

Retail Wire

In its recent announcement, Lululemon reported robust demand during the third quarter and an encouraging start to the holiday shopping season.

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Loyalty strategies set to dominate the retail industry in 2024

Retail Gazette

Leading brands are now approaching loyalty as a digital transformation initiative, with retailers including Victoria’s Secret, Under Armour and JD Sports all having launched or redesigned their loyalty programmes in recent months. But loyalty programme initiatives are a heavy lift that need strong sponsorship across the C-Suite, with even the CEO regularly joining meetings to stay on top of new loyalty tech.

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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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DHL Express Workers Strike is Happening Now

Retail Wire

This past Thursday witnessed a significant labor action as over 1,100 unionized DHL Express workers initiated a strike.

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Regency Breaks Ground on Redevelopment of 280,000-Square-Foot Mall on Long Island

Shopping Center

Holbrook, N.Y. — Regency Centers has broken ground on the redevelopment of the 280,000-square-foot former SunVet Mall in Holbrook on Long Island. Plans for the property, which has been renamed The… The post Regency Breaks Ground on Redevelopment of 280,000-Square-Foot Mall on Long Island appeared first on Shopping Center Business.

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More Deaths Linked to Salmonella in Cantaloupe

Retail Wire

The total deaths linked to eating certain types of cantaloupe is now up to eight in the U.S. and Canada.

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Lidl scraps ‘use by’ dates on milk and yoghurt

Retail Gazette

Lidl has ditched ‘use by’ dates on its own brand milk and yoghurt ranges as it aims to help customers reduce food waste at home. The discounter is the latest retailer to make the move with both Sainsbury’s and Aldi scrapping ‘use by’ dates on milk in recent months in favour of letting customers use their judgement. Lidl’s updated milk packaging has already started to filter into its England and Wales stores, while the change will be made to yoghurt labels from early 2024.

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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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Marriott Resorts Partner With Boutique Toy Retailer for Kids Clubs

Retail Wire

Marriott International is partnering with a small toy retailer called CAMP for kids clubs.

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Half of U.S. consumers left most of their shopping for December: report

Retail Dive

Even though many retailers launched deals in October, a portion of holiday shoppers have waited until this month to start, according to a survey.

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Musk Urges Firing of Disney CEO Bob Iger Amid Advertising Controversy

Retail Wire

A brewing controversy involving tech mogul Elon Musk and Disney CEO Bob Iger has taken a bitter turn, with Musk publicly demanding Iger's immediate termination.

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Cisco Partners and Purpose are Greater Together

Cisco Retail

Last year, Cisco introduced Partnering for Purpose , where innovation and business goals with environmental, social, and governance (ESG) initiatives were highlighted to benefit partners and their… Read more on Cisco Blogs

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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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Papa Johns Fired a Blind Worker Before His First Shift

Retail Wire

Papa Johns hired a blind worker and then terminated his contract before his first shift because they didn't want him to bring his service dog to work.

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Amazon drops Venmo users

Retail Dive

Jettisoning Venmo from the e-commerce giant’s marketplace is another strike against PayPal’s recent growth efforts.

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Starbucks Union Talks Might Restart for New Year

Retail Wire

The possibility of a Starbucks union has been rejuvenated for the new year.

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The Weekly Closeout: Claire’s expands into Mexico and Squishmallows collabs with H&M

Retail Dive

The accessories retailer opened a store in Mexico City, while the toy company, known for its plush stuffed animals, teamed up with H&M for a collection.

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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