Tue.Mar 19, 2024

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Planning to sell online in the US? Here are some tactics to ensure success

Inside Retail

Selling online in the US can be lucrative, as many Australian retailers and brands are discovering. But there is a fine line between success and failure. Tara Daly, senior director of product marketing at Loop Returns , shares with Inside Retail advice on getting started in the US market, some tips on cross-border shipping and logistics – including managing returns in a way that builds customer loyalty – and how to drive repeat business.

Planning 290
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Kroger Sells Specialty Pharmacy Business Amid Merger Concerns

Retail Wire

Supermarket retailer Kroger recently made a move to sell its specialty pharmacy business to CarelonRx, a subsidiary of Elevance Health. This decision comes amidst discussions of a $24.6 billion merger with Albertsons, a grocery store chain.

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‘No viable offers’: Godfreys to be wound down

Inside Retail

Godfreys will be closed down after its administrators failed to seal a favourable acquisition proposal for the collapsed vacuum retailer. PWC received 55 expressions of interest and six indicative offers during the sale process. However, some of the interested parties withdrew while the others did not provide a sufficient offer to secure the business in the long term.

Returns 290
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Ulta Beauty Rolls out ‘Beauty Dropoff’ Recycling Program in all 1,350+ Stores

Retail TouchPoints

Ulta Beauty and Pact have expanded their Beauty Dropoff recycling initiative chainwide, providing drop-off bins for clean, empty packaging from any beauty brand or retailer at all 1,350+ stores. The companies initially piloted the program last year in 90 Ulta Beauty stores, according to Glossy. Customers need to ensure there’s no liquid left in the packages and that they are small enough (generally no bigger than a fist) for the Beauty Dropoff program; larger packages can often be placed in curb

ATS 268
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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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American Apparel set for Australian comeback

Inside Retail

American Apparel is relaunching in Australia and expanding into New Zealand, releasing its new season range online online. “We are thrilled to be increasing access to American Apparel for shoppers in Australia and New Zealand, who can now buy this iconic brand with just the click of a button,” said Chuck Ward, president of sales, marketing, and distribution at Gildan Activewear , the company that owns the American Apparel trademark. “We will also be bringing our newest collecti

Apparel 273
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With a Ban Looming, TikTok Pushes Forward with New Commerce Features

Retail TouchPoints

Last week, the U.S. House of Representatives approved a bill that would force TikTok owner ByteDance to sell its ownership of the app or face a ban in the U.S. Despite (or perhaps because of) this political pressure, TikTok is pushing forward on some big commerce ambitions — and the popular platform is putting success metrics at the center of its efforts.

More Trending

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Winning Creative in 2024: Human Storytelling, AI Scale

Retail TouchPoints

If Newton’s third law (“For every action there is an equal and opposite reaction”) holds true in marketing in 2024, we’re going to see some incredible creativity. Why? Well, 2023 wasn’t the year of storytelling or branding; it was the year of AI. ChatGPT, other GPT tools, Bard, AI-powered measurement tools and marketing automation all took higher billing and gobbled more headlines than clever or resonant marketing campaigns.

Marketing 250
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How Aussie menswear brand Peter Jackson is suiting up for e-commerce expansion

Inside Retail

Founded in Melbourne in 1948, men’s tailoring business Peter Jackson has entered a new phase of growth with three new stores opened so far this year and six more confirmed to open by the end of 2024, as well as a digital relaunch that is already underway. Under the leadership of the brand’s marketing director Nick Jackson, the third generation of the family to run the business, Peter Jackson has rolled out a new e-commerce platform, which supports a seamless omnichannel experience for customers

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MrBeast Secures $100 Million Amazon Deal for Largest Competition Series in TV History

Retail Wire

MrBeast, the popular American YouTuber, has struck a deal with Amazon MGM studios worth possibly $100 million for his first streaming series.

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Zenni Optical Cuts Product Data Management Time 70% with PIM Solution

Retail TouchPoints

Since implementing a product information management (PIM) solution from Akeneo in January, Zenni Optical has reduced data inconsistency issues across teams by approximately 60% and cut the time needed to manage product data by over 70%. The online eyewear retailer, which sells in both B2B and B2C channels and is working with brick-and-mortar retailer U.S.Vision , has categorized approximately 3,000 SKUs since adopting the PIM solution, with more in the pipeline.

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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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Solo Brands Recognized as Innovative Leader in Consumer Goods

Retail Wire

Solo Brands has secured a notable position on Fast Company's list of the World's Most Innovative Companies of 2024, ranking at No. 2 in the Consumer Goods category.

Consumer 203
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Kohl’s Expands Home Assortment 40%, Seeks to Become Seasonal Décor Destination

Retail TouchPoints

Kohl’s has increased its assortment of home décor items by 40% , adding new categories and elevating its mainstay bedding and bath products with more modern aesthetics and frequent pattern and color injections. The retailer also is positioning itself as a seasonal décor destination, promising 60% newness in home and holiday décor seasonally as a strategy to boost customer retention.

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Moss: Tailored to Edinburgh

Retail Focus

Menswear brand Moss, previously known as Moss Bros, recently announced its return to the Scottish market, with the opening of a new store under its successful rebranding. The 2,372 sq foot Scottish flagship is the latest addition to the brand’s retail expansion and showcases a new store concept that combines modern design with timeless elegance. It’s new location is in the capital’s St James Quarter , which opened in 2021 and is now a landmark destination offering the largest retail and leisure

Location 147
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Cookies Dispensary Heads to Chicago’s West Loop  

Retail TouchPoints

TRP , a cannabis retail, cultivation and distribution platform, has opened the doors to Cookies Chicago , the inaugural Windy City dispensary from the popular cannabis company Cookies. The West Loop location on N. Clinton Ave. offers a large selection of top-shelf Cookies products and a fresh menu for the Illinois market, featuring cultivars, vape cartridges, edibles and concentrates.

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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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Ted Baker UK arm collapses into administration

Inside Retail

No Ordinary Designer Label, trading as Ted Baker, has filed a notice of intention to appoint Teneo Financial Advisory as administrator. The notice came after NODL parent Authentic Brands Group terminated its agreement with AARC due to the latter’s failures to meet its financial obligations. “Despite our tireless efforts, the damage done during a period under AARC in which NODL built up a significant level of arrears was too much to overcome,” Authentic Brands Group chief strate

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Hertz Makes Drastic Moves After EV Fiasco

Retail Wire

Hertz, the car rental car company, is in the midst of significant upheaval. Having already announced plans to sell off a substantial portion of its electric vehicle (EV) fleet, troubles are continuing to escalate.

Planning 130
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How Incu is translating its bricks-and-mortar experience to digital platforms

Inside Retail

“As long as the product speaks to the customer, and there’s a story behind it, then they’re into it,” said Douglas Low, CEO of clothing and accessories retailer Incu. He makes the comparison of a high-end bakery, selling expensive bread, and then an inexpensive shop selling Vietnamese pork rolls. Incu’s customers would go to both because the stories behind those shops resonate with the buyer.

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Unilever Is Axing Jobs and Splitting off Ice Cream Unit

Retail Wire

Unilever has revealed plans to split off its ice cream unit, which includes Ben & Jerry’s and Magnum. This move is part of a wider restructuring effort that will affect 7,500 jobs.

Planning 130
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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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“A trend of greater consolidation”: Behind the changing BNPL landscape in Apac

Inside Retail

Shopback’s decision to terminate its buy now pay later (BNPL) service in Malaysia and Singapore has sparked discussions and raised pertinent questions about the future of digital payment solutions in the region. Another BNPL player, Pace, also exited the game in Singapore after a voluntary wind-down of its business last August. According to a statutory declaration, Pace was unable to continue business operations “by reason of its liabilities”.

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BMW Motorrad Recalls 2024 Models for Suspension Concern

Retail Wire

BMW Motorrad, a renowned motorcycle manufacturer, has recently announced a recall for specific 2024 models in the United States.

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BREAKING: Ted Baker calls in administrators

Retail Gazette

Ted Baker’s owner has filed a notice to appoint administrators, putting hundreds of jobs at risk. According to Sky News, No Ordinary Designer Label – which is owned by Authentic Brands Group (ABG) – has filed a notice to appoint Teneo Financial Advisory to lead an insolvency process of its UK operations. The move, which is expected to lead to store closures and job losses, comes around 18 months after ABG bought the fashion chain for £211m.

Fashion 125
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Elon Musk Defends Ketamine Use, Says Good ‘From an Investor Standpoint’

Retail Wire

Tesla CEO Elon Musk defended using Ketamine in a new interview with Don Lemon. He believes it's good for business.

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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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‘Built for a different era’: Macy’s CEO on why closing 150 stores is critical to its survival

Retail Dive

Tony Spring, who took the helm just last month, remains confident that the department store still holds an important role in consumers’ lives.

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Trader Joe’s Cashews Recalled in 16 States Due to Salmonella

Retail Wire

The chain store finds itself recalling yet another product from its shelves.

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Tesco ‘disappointed’ after losing Lidl trademark appeal

Retail Gazette

Tesco has lost a High Court appeal against a ruling that it infringed Lidl’s trademark over the use of a yellow circle on a square blue background. It follows the High Court ruling in 2023 that Britain’s biggest retailer had taken “unfair advantage” of the German discount grocer’s distinctive reputation for low prices when it brought in the Clubcard Prices discount scheme.

Grocer 109
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Dairy Queen and Rita’s Italian Ice Offer Spring Freebies

Retail Wire

Today marks the first day of spring, and there are two exciting giveaways to kick off the season.

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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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DFS warns on profits and flags Red Sea delay risk

Retail Gazette

DFS has lowered its sales and profit guidance for the full year despite reporting a “resilient profit performance” through the first half. The sofa retailer warned that potential disruptions due to ongoing attacks in the Red Sea could hit future deliveries. “If the Red Sea issues continue through to our year end, potential delivery delays could result in up to £4m of profit being deferred into our following financial year,” it said.

Marketing 109
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Bottega Veneta creative director Matthieu Blazy combines glass bricks and walnut for first store

Dezeen

Bottega Veneta 's creative director Matthieu Blazy has designed the brand's Avenue Montaigne flagship store in Paris , which is dominated by walnut wood fittings and glass bricks , The 800-metre-square shop features industrial, square glass blocks integrated into the floors, ceilings and walls, creating a geometric grid which diffuses light throughout the store.

Fashion 100
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Boots launches Klarna ‘buy now pay later’ option online

Retail Gazette

Boots has launched a Klarna payments option both online and via its app from today (19 March). The new partnership with the buy now pay later giant will ensure shoppers a “smooth payments experience”. Customers can choose to pay upfront, within 30 days, or split their purchase into three interest-free instalments, Retail Week reports. Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Shoppers will also be able to track their Boo

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The First Colorado Buc-ee’s Arrives in Johnstown

Retail Wire

A Buc-ee's has opened up in Colorado — the first of its kind in the state and the first location west of Texas.

Location 100
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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