Retail Focus

JANUARY 18, 2023

Sephora is kicking off the year with the announcement of a new experiential store in London. The beauty lover’s ultimate destination is arriving in March 2023 in Westfield London, one of the Europe’s largest shopping and leisure destination. The 6000+ sq. ft store is set to showcase an exceptional assortment of products and personal services in a dazzling space that will feature inspiring innovations drawn from the Global retailer’s unique network.

Shopping 299

Shopping 299

Retail TouchPoints

JANUARY 18, 2023

Seeking to advance its Revolutionize Luxury Experiences initiative, Neiman Marcus Group has named executives to fill two new high-level positions: Chief Brand Officer and Chief Retail Officer. Nabil Aliffi, previously Global Chief Creative Officer at Soho House , will join the retailer in the brand position, and Stefanie Tsen Ward will be promoted to the retail leadership spot.

Promotions 290

Promotions Store Operations Customer Experience ATS 290

Inside Retail

JANUARY 18, 2023

Woolworth Holdings’ sale of the David Jones department-store business has cleared the way for the brands of its Country Road Group division to return to the shelves of Myer. The Witchery, Politix and Mimco brands will launch at Myer from next month while Country Road – including Country Road Kids, Country Road Home and Trenery – will be stocked from July.

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Returns Department Stores Accounting Consumer 246

Retail TouchPoints

JANUARY 18, 2023

Microsoft will trim its workforce by 10,000 people, or approximately 5% of its total employees, according to a January 18, 2023 SEC filing. The reductions will take place during the company’s fiscal 2023 Q3, which runs to the end of March 2023. The tech giant will take a $1.2 billion charge for fiscal Q2, stemming from severance costs along with changes to its hardware portfolio and lease consolidation.

Planning 289

Planning ATS Consumer Marketing 289

Speaker: Jason Cottrell and Gireesh Sahukar

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.

Customer Experience

Tokinomo

JANUARY 18, 2023

If you’ve read our “ Retail Year In Review 2022 ” article, then you know a lot has happened in the last year in this industry. When we were expecting things to relax after the COVID-19 pandemic and its restrictions, the war in Ukraine started and it impacted the retail industry worldwide.

Retail Marketing 246

Retail Marketing Marketing 246

Retail TouchPoints

JANUARY 18, 2023

The ecommerce pandemic party is officially over. Following two lockdown-induced boom years, online retailers that were once investor and media darlings – Peloton , Stitch Fix , Rent the Runway , Poshmark , to name just a few — are now struggling for survival. As a looming recession causes investors and consumers alike to tighten their belts, the name of the game is no longer “growth” but “resilience.

Consumer 277

Consumer Marketing Shipping Advertising 277

Retail TouchPoints

JANUARY 18, 2023

Retail TouchPoints (RTP): What have been the most significant changes in the retail hiring landscape over the past two to three years? What are the major contributors to the current problems retailers are having in filling store-level and other vacancies? Eric Holwell: Retailers have faced more competition for talent with the rise of “work-from-home” jobs in the past two to three years.

Advertising 264

Advertising Marketing Consumer Management 264

Retail Dive

JANUARY 18, 2023

The retailer is counting on digital innovation to help drive store growth in North America and Europe, according to Fast Retailing CIO Takahiro Tambara.

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140

Retail TouchPoints

JANUARY 18, 2023

Party City Holdco Inc. (PCHI) has filed for Chapter 11 bankruptcy protection and entered into an agreement with an ad hoc group of holders of more than 70% of its senior secured first lien notes, with the purpose of supporting an expedited restructuring that would substantially reduce the retailer’s debt. The company is aiming to continue its usual operations during the restructuring process.

Customer Experience 147

Customer Experience Management Marketing Store Operations 147

Inside Retail

JANUARY 18, 2023

Asian fashion brands are getting into the metaverse in a big way, thanks to a recent joint venture between Singaporean platform aggregator 1MetaWorld and Seoul-based Fame Universe. The aim of the partnership, dubbed 1Fame, is to help fashion designers and digital creators create, launch, sell and produce their own digital fashion non fungible tokens (NFTs) in connection with physical garments and real-world experiences.

Fashion 130

Fashion Shopping Accessories 130

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Retail Focus

JANUARY 18, 2023

As a small business owner, you know how important it is to make a good impression with customers. Visual merchandising can help you do just that, but it can also be costly. Fortunately, there are plenty of budget-friendly ways to create a visually appealing store. In this blog post, we’ll explore some creative ideas for visual merchandising on a budget that small businesses can use to make a big impact. 1.Use Perspex Cut to Size.

Visual Merchandising 130

Visual Merchandising Accessories Location Planning 130

Inside Retail

JANUARY 18, 2023

The world’s largest retail trade association – The National Retail Federation (NRF) – is expanding its flagship industry event, Retail’s Big Show, to Asia Pacific next year. The inaugural Retail’s Big Show Asian edition will be held in Singapore at the Sands Expo and Convention Centre between June 11 and 13, bringing retailers, business partners and regional leaders under one roof.

Marketing 130

Marketing Location Consumer ATS 130

Retail Wire

JANUARY 18, 2023

J. Crew has launched a resale program — J. Crew Always — that will offer second-hand clothing and vintage apparel online through jcrew.com and ThredUp. “Resale is still quite small for us, but ultimately the goal is to grow a circular business where you can extend the life of a product and it’s profitable and it does really well,” said Liz Hershfield, senior vice president & head of sustainability for J.

Marketing 130

Marketing Apparel ATS 130

Inside Retail

JANUARY 18, 2023

Last November, international fashion resale platform Vestiare Collective shocked the apparel industry by banning the trade of ‘fast-fashion’ labels. Welcomed by some commentators, others questioned if the move might be counterproductive in closing the door on a valid channel that would allow consumers to repurpose used clothing, rather than consign them to landfills as waste.

Fast Fashion 130

Fast Fashion Fashion Promotions Apparel 130

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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.

Management

Retail Wire

JANUARY 18, 2023

Party City Holdco and some of its U.S. business units have filed for Chapter 11 bankruptcy as part of a plan with creditors to reduce the company’s debt load. The retailer said it has made a deal for $150 million in debtor-in-possession financing from a noteholder group that holds more than 70 percent of its debt. Party City said that its stores will remain open.

Finance 130

Finance Planning 130

Inside Retail

JANUARY 18, 2023

Jewellery retailer Michael Hill International says “pent-up demand” and “strong economic conditions” boosted sales in its December half. In a trading update of unaudited accounts for the period ending January 1, the business says sales grew 11.7 per cent to A$363.3 million. Earnings before income and taxes are expected to range between $52 million to $55 million.

Accounting 130

Accounting Promotions Returns Consumer 130

Retail Wire

JANUARY 18, 2023

Retail sales fell 1.1 in December following a revised decline of one percent in November, according to the Commerce Department. October’s sales were up 1.3 percent as many Americans began their holiday shopping early in 2022.

Shopping 130

Shopping 130

Retail Dive

JANUARY 18, 2023

The retailer has a deal with bondholders to pursue an “expedited restructuring” aimed at improving its capital structure and liquidity.

Planning 119

Planning ATS 119

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Fulfillment

VMS

JANUARY 18, 2023

Party City Holdco Inc. (Woodcliff Lake, N.J.) said it has voluntarily filed for Chapter 11 bankruptcy to put the business “on stronger financial footing for the future.” The company’s 800 Party City stores and online sales will continue operating during the restructuring and bankruptcy. The Chapter 11 filing is part of an agreement the retailer entered into with the holders of more than 70 percent of its senior secured, first-lien notes to support an expedited restructuring to reduce PCHI’

Finance 100

Finance Customer Experience Shopping Planning 100

Retail Dive

JANUARY 18, 2023

“J. Crew Always” involves online sales of used goods in partnership with ThredUp, as well as an assortment of vintage finds at select stores.

ATS 111

ATS 111

Retail Wire

JANUARY 18, 2023

Two emails from a fake Adidas account went out this week to fashion influencers and others announcing the appointment of a former factory worker and union organizer as co-CEO of the company and the launch of a “pre-worn” collection. The sportswear giant, which has been accused of ignoring working conditions in the factories that produce its goods, denied the charges. “For more than 25 years, Adidas has taken a variety of measures to ensure fair and safe working conditions for w

Accounting 100

Accounting Fashion 100

Retail Dive

JANUARY 18, 2023

Leslie Berland most recently held the CMO role at Twitter and brings about a decade of experience from American Express.

Marketing 105

Marketing ATS 105

Speaker: David Worrell, CFO, Author & Speaker

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.

Finance

Retail Wire

JANUARY 18, 2023

In a memo released this morning, Microsoft has confirmed plans to lay off around five percent of its workforce (roughly 10,000 people). The layoffs follow a cut of about one percent of Microsoft’s workforce in 2022.

Planning 100

Planning 100

Shopify

JANUARY 18, 2023

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Retail Wire

JANUARY 18, 2023

Wholesale prices in December were up 6.2 percent year-over-year, much lower than the 6.8 percent gain expected by economists and well below the 7.3 percent annual jump in November.

Wholesale 100

Wholesale 100

Independent Retailer

JANUARY 18, 2023

Looking for new ways to get your brand noticed? Creating a Google Business Profile can really help. This free tool allows you to take charge of the way your business appears on Google Search and Maps. With a business profile, you can connect with customers, post updates, list your products and services, accept online orders, and more. . What is a Google Business Profile?

Accounting 98

Accounting Location Management Advertising 98

Advertiser: ZoomInfo

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.

Marketing

Retail Wire

JANUARY 18, 2023

Luxury goods consumers are becoming younger and wealthier, according to a report from Bain & Co. Sales within the segment are expected to grow between three and eight percent this year on top of a 22 percent gain in 2022.

Consumer 100

Consumer 100

LS Retail

JANUARY 18, 2023

©iStock/tiero Normal is over according to the World Economic Forum (WEF). Climate change, geopolitical conflict, aging populations, developing technologies and the like are not issues that can be addressed in isolation by any one constituency and must be undertaken through collaboration, which is, of course, the mission of the World Economic Forum. The WEF also suggests we move and act boldly while maintaining this bifocal vision.

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Retail Wire

JANUARY 18, 2023

The Washington state Supreme Court has given its approval for Albertsons to distribute a special $4 billion dividend to shareholders as part of the grocery giant’s $25 billion merger with Kroger.

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100

Independent Retailer

JANUARY 18, 2023

For both wholesalers and retailers, the ability to offer a wide range of merchandise can be the means to successful sales, especially in today’s economy. Consumers are in the market for value, and smart wholesale companies provide independent retailers with product and pricing options that promote high profit margins, stimulate consumer interest, and enable brands to offer goods at bargain prices.

Wholesale 98

Wholesale Beauty and Health Payment Services Merchant Services 98

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