Wed.Nov 16, 2022

article thumbnail

Q3 Results: Walmart Grabs Grocery Share, Target Clears Inventory and ThredUP Order Volumes Soar

Retail TouchPoints

Inflation continued to loom in Q3 2022 and it has proven to be the defining force for many retailers. Walmart ’s comparable sales rose 8.2% as shoppers flocked to the retail giant for inexpensive groceries, while Target ’s comparable sales rose 2.7% as it engaged in deep discounts to clear excess inventory. Price-conscious shoppers proved to be to a double-edged sword for ThredUP — the retailer saw 7% sales growth year-over-year, but margin and profit both fell as deep discounts by traditional r

Apparel 322
article thumbnail

London’s First Crisp Pick ‘n’ Mix Pop-Up Arrives This November

Retail Focus

Simply Roasted announce the opening of London’s first ever Pick ‘n’ Mix bar dedicated solely to one of the nation’s favourite go to savoury snacks, crisps. Positioned on the corner of one of Soho’s most instantly recognisable streets, where Air Street meets Brewer Street, the exclusive Pick ‘n’ Mix experience will give crisp lovers the opportunity to try Simply Roasted’s collection of award-winning triple cooked crisps, all completely free of charge, for one weekend only on Friday 25th to Sunday

Shopping 290
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Israeli Kibbutz to SoHo: Naot Footwear’s New Flagship to Serve as Brand Showcase

Retail TouchPoints

The streets of New York City’s SoHo are a far cry from the fields of Northern Israel. And yet with the opening of its new flagship store on Broadway, Naot Footwear is marking the latest milestone in an 80 -year journey that began on a kibbutz in Upper Galilee (good thing Naot shoes are famed for their comfort). “Opening a flagship store in New York City has been a dream of ours for many years,” said Steve Lax, who began as Naot’s U.S. distributor in the ‘90s and eventually bought the brand with

article thumbnail

How Burberry’s new leadership duo can reignite the luxury brand’s spark

Inside Retail

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Akeroyd, who took over in April, will present his strategy alongside first-half results that will show the lingering impact of lockdown restrictions in China, Burberry’s biggest market.

Fashion 278
article thumbnail

A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

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.

article thumbnail

Rethinking the Retail Environment Through Food-and-Beverage Design Concepts

Retail TouchPoints

The retail industry has experienced a great deal of change over the last 2½ years with the accelerated growth of online sales, the introduction of new safety protocols, the expansion of experiential retail concepts and the integration of new technologies. Retailers have to be increasingly savvy at luring consumers to brick-and-mortar locations, finding creative ways to offer experiences that can’t be replicated in the digital environment.

article thumbnail

Uniqlo opens its first South Australian store, at Myer Centre

Inside Retail

Uniqlo has expanded its Australian footprint, opening a new brick-and-mortar store in Adelaide’s Myer Centre. The new store, with 900sqm of floor space, will open on November 24 and provide a full line of Uniqlo life wear clothes for men, women, children, and newborns. It has 11 fitting rooms for customers and five self-checkout stations to improve the shopping experience.

ATS 246

More Trending

article thumbnail

Digital Signage for grocery advertising

Tokinomo

People have been shopping in-store for ages. Over time a lot has changed. From the assortment of products to the technique used to promote those products. Shoppers’ demands and needs also altered over the years. Nowadays, customers are not shopping in-store just for the products, they are doing it to take advantage of the whole shopping experience.

article thumbnail

WWD: Ulta Debuts New Store Format Organized by Themes and Major Brands

Retail TouchPoints

Ulta has unveiled its new store format that it will apply to more than 40 stores this year. According to WWD , Ulta’s new store format will create a shopping environment that is easier for consumers to navigate, with the retailer transitioning from a model that organized brands according to price points and target consumers into a layout in which goods are arranged according to themes.

Checkout 278
article thumbnail

Coles leads new tenant lineup at Westfield Parramatta food precinct

Inside Retail

Westfield Parramatta has revealed details of its refurbished food precinct which will open on November 30 with eight new retailers as part of a $33 million project. The newly refurbished area will be anchored by major supermarket chains – a full-line Coles and a new Aldi – along with a big-format Asian grocer Tong Li. The precinct will also house fishmonger Zag Seafood, poultry shop JC Chicken with both fresh and cooked quality products, a Breadtop bakery, Two Deers Cafe, oOh!

ATS 246
article thumbnail

Meta, Amex and TikTok Offer Holiday Help to Small Businesses

Retail TouchPoints

It’s easy for small- to medium-sized businesses (SMBs) to get lost in the holiday hullabaloo, but several major players in finance and social networks are offering ways for these retailers to get their share of the pie (apple, pumpkin or mincemeat, your pick): American Express (Amex) and TikTok have launched the #ShopSmall Accelerator to help SMBs reach new audiences beginning on Small Business Saturday, which this year falls on Nov. 26, 2022; Amex and Square , the payment platform popular with

article thumbnail

Humans + Agents = Rethinking Enterprise Commerce with AI

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

article thumbnail

Cettire reports solid sales growth as active user count nearly doubles

Inside Retail

Australian-listed online luxury fashion retailer Cettire says it is experiencing a “strong profitable growth trajectory”. Cettire sales grew 82 per cent in October to $34.8 million compared to the same period last year while adjusted EBITDA was at least $3 million for the month. The boost in sales is driven by repeat customers and active users which grew 88 per cent to 297,358 members.

Fashion 246
article thumbnail

NFTS are Just One Way Meta Wants to Help Creators Make More Money

Retail TouchPoints

In its latest appeal to creators, Meta has announced a series of new products to help influencers “reach an audience, grow their communities and earn a living.” . Consumer and brand demand for influencer content is strong — 39% of marketing agencies and brands now spend 10% to 20% of their overall marketing budgets on influencer marketing, according to Statista, and that number is only expected to grow.

Marketing 278
article thumbnail

Adore Beauty names Tamalin Morton as new CEO

Inside Retail

Tamalin Morton has been named the new CEO of Adore Beauty, commencing January 9, taking over from Tennealle O’Shannessy, who is leaving the business on December 30 to take up a new role. Morton has more than two decades of experience at leading retailers including Australian Pharmaceutical Industries’ Priceline, Kathmandu and Spotlight Retail Group.

Marketing 245
article thumbnail

Four Ways to Stay Agile this Holiday Season

Retail TouchPoints

If retailers were starring in a movie this holiday season, it would be synonymous with the classic Tim Burton musical, The Nightmare Before Christmas. After two years of a pandemic that shook the retail industry to its core and urged retailers to dramatically enhance their online presence, diversify their delivery options and wrangle massive disruptions due to closed manufacturers or congested ports, this holiday season was supposed to be the light at the end of the tunnel.

Planning 277
article thumbnail

5 Tips for a Winning Category Management Strategy in 2025

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.

article thumbnail

Bang and Olufsen launch flagship store in the heart of Mayfair

Retail Focus

Bang & Olufsen announces a new home for sound, design, and sensory experiences on London’s iconic New Bond Street in the heart of Mayfair. . Part of a 15-year redevelopment that restores a much-loved part of London to its former glory, Bang & Olufsen of Mayfair is located nearby the newly revitalised Hanover Square and the elegant Medici courtyard.

Location 182
article thumbnail

Peloton Expands Relationship with Amazon to 2 New Countries

Retail TouchPoints

Just three months after it first began selling on Amazon in the U.S., Peloton is expanding its collaboration to sell some of its products on Amazon in the UK and Germany as well. The Peloton Bike, Guide and select accessories are now available in Amazon’s UK store and will be on Amazon’s Germany store in the coming weeks. As part of the experience, the Peloton Bike will be available with free in-home delivery, and first-time customers will have the option to assemble the bikes themse

article thumbnail

Asda welcomes fresh draught beer, cider and cocktail concept

Retail Focus

Asda Pudsey customers will be able to pick up their favourite from a rotating range of freshly poured tipples after Craft on Draft, the fresh craft beer, cider and cocktail concept opened at the Asda Pudsey store in Leeds. Shoppers in Pudsey, Leeds, can now sample from a menu of 12 regularly changing beers, ciders and cocktails whilst seeking expert advice to find something that perfectly suits their tastes.

Shopping 182
article thumbnail

WeWork Closing About 40 Locations in the US

Small Biz Trends

The leading global flexible space provider, WeWork, has announced plans to exit around 40 locations in the United States consisting of around 41,000 workstations. WeWork Closing About 40 Locations in the US. The exits are focused in what the firm cite as ‘underperforming locations’, and the majority will be happening during November. The intent of the closures is to reduce rent, tenancy and building operating expenses, which WeWork expect to make up for the reduction in top-line reve

Location 139
article thumbnail

Cut Costs & Complexity: Smarter Fulfillment for Home, Furniture & DIY Brands

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.

article thumbnail

Grosvenor appoints new Liverpool ONE lead

Retail Focus

Grosvenor announces the appointment of Chris Jukes as Director of Liverpool ONE, succeeding Alison Clegg who is retiring after leading the destination for 15 years. . Chris joined Grosvenor in 2005 and has held various finance positions in Grosvenor Property UK and the broader Grosvenor business. Today he is responsible for finance in the UK property business’ Development and Investment teams, including Liverpool ONE.

Finance 182
article thumbnail

5 tech revolutions that haven’t happened (at least not yet)

Retail Dive

Why isn’t the sky darkened by drones yet? Why do cash registers still exist? Will the robots take all sales floor jobs? We consider the answers to these and more.

ATS 134
article thumbnail

Ksubi Open Their First London Standalone Store

Retail Focus

Global streetwear brand Ksubi have opened their first UK standalone store, located in the heart of Soho on 10 Carnaby Street. The opening will also coincide with the launch of a limited-edition collaboration with London-based artist Slawn. “London’s been calling us for some time with its buzzing music and arts communities. At Ksubi, we celebrate the triumph of the creative outsider – the rebels doing things their own way and to their own beat.

article thumbnail

How to Recover from Ransomware: Everything You Need to Know

Small Biz Trends

Ransomware attacks are increasingly targeting small business owners. And if you’re unprepared, a ransomware attack can devastate your business. This post will share everything you need to know about how to recover from ransomware. What Is Ransomware? Ransomware is a malicious software program that gets installed on a computer or mobile device without the user’s knowledge and then encrypts files and data on the device.

article thumbnail

What Your Financial Statements Are Telling You—And How to Listen!

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.

article thumbnail

Chinti and Parker has opened its debut pop-up on the King’s Road

Retail Focus

Sloane Stanley has announced that Chinti & Parker , the luxury womenswear brand, has opened its debut pop-up on the King’s Road, joining returning fashion favourites, Prochaine and Seraphina , as well as Dacre Art x Air Contemporary at 340 King’s Road. . Chinti & Parker has launched a 1,298 sq ft unit at 336 King’s Road, which will be in situ until February next year.

Location 147
article thumbnail

Why brands are closing their doors, and not offering sales on Black Friday

Inside Retail

Black Friday is marked down and circled on the calendar of many retailers, large and small, across Australia. Taking place on 25 November this year – with sales often extending to Cyber Monday on 28 November – the tradition can bring in significant windfalls for local businesses, with the Australian Retailers Association forecasting sales of $6.2 billion, a $200 million increase on the previous year.

Outdoor 130
article thumbnail

Google to pay $391.5 million to settle location tracking suits

Retail Wire

Google has agreed to pay $391.5 million to 40 states to settle an investigation into its location tracking practices. The deal struck between the parties represents the largest privacy settlement in U.S. history. Google said it has already addressed the concerns raised in the case.

Location 130
article thumbnail

Five top tips for creating trust with foreign colleagues

Inside Retail

Business people around the world worry about working with foreign companies and people – because they don’t trust them. Americans are reluctant to work with folks from the Middle East, Australians describe Indonesia as a hard market and Brits worry about dealing with the French. Not many people are willing to extend trust, and it’s a problem. Trust is confidence in people, their integrity and abilities.

Planning 130
article thumbnail

State of AI in Sales & Marketing 2025

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.

article thumbnail

Consumers kept spending in October

Retail Wire

Retail industry sales for October were up 1.3 percent as the price of gas increased and consumers took advantage of early Christmas deals from a wide range of retailers. Retail sales, excluding autos, gas and foodservice, rose 0.7 percent.

Consumer 130
article thumbnail

Shopping malls set to host private office pods for hybrid workers

Inside Retail

Two Adelaide entrepreneurs have rolled out a new on-the-go office concept called TaskPods to facilitate hybrid working across busy shopping centres, airports and transport hubs in the country. The modular office pods are the brainchild of Adam Morgan and Tyson Gundersen who also founded the Australian modular office solutions company, Bureau Booths.

Shopping 130
article thumbnail

Target takes an earnings hit as customers shop for deals

Retail Wire

Target’s third quarter same-store sales increased 2.7 percent, better than the 2.51 percent gain expected by analysts, but its operating margin of 3.9 percent was well below the 5.35 percent that investors were looking for. Brian Cornell, Target CEO, said the chain saw “a significant change in consumer shopping patterns as we ended October and moved into the month of November.

Shopping 130
article thumbnail

Victoria’s Secret launches mobile bra fitting tool

Retail Dive

The tech will help customers select the best size and fit with the hope of reducing returns and boosting the shopping experience.

Returns 119
article thumbnail

SEO vs. PPC: Which Strategy Is Best for Your Business?

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.