Thu.Apr 06, 2023

article thumbnail

ICSC Creates Platform to Help Members Research Properties for Lease and Sale

Retail TouchPoints

ICSC has launched ICSC Marketplaces IQ, a centralized platform designed to help retailers search commercial and retail properties for lease or sale, perform market research and conduct analyses. The platform was created in partnership with Realtors Property Resource and is available to ICSC members at no additional cost. Marketplaces IQ is designed to aggregate information from 15 distinct data sources, including Brevitas, Biproxi, Crexi, Land Broker MLS, OfficeSpace.com and TotalCommercial.com,

Marketing 276
article thumbnail

Aldi Australia CEO Tom Daunt set to become global chief 

Inside Retail

Aldi has named Tom Daunt, the CEO of its Australian unit, as its next worldwide joint MD. He will assume the role on May 1, relocating to Salzburg. According to local reports, Aldi has risen to become Australia’s third-largest grocery chain and one of the brand’s largest subsidiaries under Daunt’s leadership. Anna McGrath and Marietta Schorn will lead the local business after Daunt departs.

Insiders

Sign Up for our Newsletter

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

article thumbnail

AI in Retail: Optimizing Operations from Supply Chains to Employee Scheduling

Retail TouchPoints

Editor’s note: This is the fourth article in our series on AI in retail. Check out our other stories, on consumer attitudes toward AI , store design applications and customer-facing applications. Be on the lookout for the fifth article, which will cover the many still-unanswered questions around AI’s present and future. The newest generation of artificial intelligence (AI) would seem to be tailor-made for the behind-the-scenes operational complexity of today’s retail organization — and in many w

article thumbnail

“Waste is a design flaw”: Why Baiia swimwear is taking the world by storm

Inside Retail

As society becomes more equitable and inclusive, the narrow focus of traditional fashion brands is coming under scrutiny, creating opportunities for smaller, more agile brands to reach customers who have largely been ignored. Sustainable swimwear brand Baiia seeks to do exactly that, by creating modular bathing suits in a wide range of sizes — from size 4 to 26, to be precise.

Fashion 243
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

Lawsuit Claims Bed Bath & Beyond Failed to Properly Handle Layoffs During Store Closures

Retail TouchPoints

A former Bed Bath & Beyond manager is reportedly suing the company over allegations that the retailer didn’t treat workers fairly during the layoff process that accompanied the closure of all Harmon locations , according to Top Class Actions. Plaintiff Michael Palmeri filed the lawsuit against both Harmon and Bed Bath & Beyond in New Jersey Federal court, where he alleges violations of both the federal Worker Adjustment and Retraining Notification (WARN) Act and the New Jersey WARN Act.

Location 261
article thumbnail

Chipotle sues Sweetgreen over its Chipotle Chicken Burrito Bowl

Retail Wire

Chipotle Mexican Grill is suing Sweetgreen for infringing on its trademark with the salad chain’s new Chipotle Chicken Burrito Bowl menu item. Chipotle’s lawyers have sent a letter to Sweetgreen asking it to change the item’s name to something less confusing, like a chicken bowl with chipotle. Sweetgreen has not responded to Chipotle’s entreaties.

130
130

More Trending

article thumbnail

Amazon restricts employee stock options to cut costs

Retail Wire

Amazon.com has decided to reduce employee stock awards as part of its compensation plan in the face of economic uncertainty. The company has laid off thousands of workers in recent months.

Planning 130
article thumbnail

Ikea Makes As-is Furniture Available Online in the U.S.

Retail TouchPoints

Just in time for Earth Day, Ikea is broadening the reach of its As-is resale offering by bringing it online. Ikea Family members can now browse the selection of gently used products at their local store and reserve items for in-store purchase and pickup. While the As-is section has long been an Ikea mainstay, it has never been available online. The digital expansion follows on the launch of Ikea’s Buy Back & Resell service to 33 stores across the U.S., which has added to the assortment of As

Returns 258
article thumbnail

Bed Bath & Beyond makes a deal to get access to merchandise

Retail Wire

Bed Bath & Beyond has entered into a vendor consignment agreement with Hilco Global’s ReStore Capital, which will buy up to $120 million in merchandise for sale by the retailer. “Our new vendor consignment program enables us to increase our inventory position in top items that customers are buying and improve the customer experience. This capital-light solution can allow us to strengthen merchandise availability and better fulfill demand,” said CEO Sue Gove.

article thumbnail

Online or Offline Sales? Why not Both?

Retail TouchPoints

There are some products consumers will never feel entirely comfortable buying exclusively online. While online sales of cars have improved thanks to companies like Carvana and Vroom, most people still want a test drive to kick the tires, as the saying goes, before closing the deal. Mattress sales are not all that different. Many consumers prefer visiting a store to give their mattresses a bounce before making a purchase.

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

Why these experts believe the metaverse is still relevant for retail 

Inside Retail

As traditional bricks-and-mortar stores face new challenges and e-commerce continues to grow, retailers are looking for innovative ways to reach consumers and provide engaging shopping experiences. The metaverse has promised a new frontier for retailers to create virtual storefronts, showcase products, and engage with customers in ways that were previously impossible.

Fashion 130
article thumbnail

Rite Aid, Swarovski and Others Add BNPL Options as Adoption Grows

Retail TouchPoints

Rite Aid has partnered with Afterpay to offer buy now, pay later (BNPL) services for its customers at more than 2,000 locations. The pharmacy joins other recent Afterpay partners, including Boden , Fresh , Lulu and Georgia , Quince , Swarovski and Wolverine Worldwide in launching or expanding payment over time choices. “Expanding our partnership with Afterpay allows more customers to obtain offerings that support their whole health needs while providing financial flexibility,” said Justin Mennen

article thumbnail

Why retailers rely on Easter puns

Inside Retail

Easter puns. They’re everywhere. In stores, on social, even emblazoned across craft beer cans. They’re not original — literally, every Easter pun that could exist does exist. They’re not very funny. And they’re not even that clever ( hop to it? come on). And yet, they get resurrected year after year. Why? I had to find out. The problem with puns When it comes to puns you either put up with them or vehemently despise them.

article thumbnail

Levi’s gets a grip on inventory as denim rebounds

Retail Dive

Promotions helped clear a glut, but hurt Q1 margins, as lower-income consumers continue to pull back. But the brand is taking market share.

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

Louis Vuitton to bring Michelin-starred Ikoyi to Seoul in May

Inside Retail

Louis Vuitton will open a pop-up restaurant in Seoul in May with the Michelin-starred restaurant Ikoyi of London, the French luxury house said Monday. Ikoyi at Louis Vuitton will be opened inside the brand’s flagship store located in the posh neighborhood of Cheongdam, southern Seoul, starting next month. Ikoyi’s founder and head chef, Jeremy Chan, is set to showcase his reinterpretations of traditional Korean cuisine, the French fashion house said.

Fashion 130
article thumbnail

Amazon to close UK-based Book Depository

Retail Dive

The online book seller, which was acquired by Amazon in 2011, will shut down on April 26.

124
124
article thumbnail

Journey Further wins PrettyLittleThing organic account for UK and US

Retail Times

Global fashion retailer, PrettyLittleThing, has appointed Journey Further to drive its organic growth through performance-driven digital PR and strategic consultancy. Journey Further, known for its Clarity at Speed approach, won the account in a competitive pitch process and will be responsible for improving organic visibility and rankings for the retailer in both the UK and US territories.

article thumbnail

Bath & Body Works CFO stepping down this summer

Retail Dive

The retailer is also creating two new executive roles: chief customer officer and chief digital and technology officer.

116
116
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

Peeps maker takes heat for using Red Dye 3 in its candy

Retail Wire

Consumer Reports has called on Just Born Quality Confections to end the use of Red Dye 3 in its marshmallow candies. The dye, also known as FD&C Red No. 3 or erythrosine, is approved for use in foods by the U.S. Food and Drug Administration. The FDA and food manufacturers have come under pressure from groups who point to research showing that Red Dye 3 consumption has been connected to cancer in animals.

Consumer 100
article thumbnail

Quiet Platforms head departs as American Eagle’s logistics arm struggles

Retail Dive

The retailer said that while "Quiet’s third party business has grown nicely, it has not achieved the plans we envisioned.

Planning 105
article thumbnail

Big tech internships are a hard get for low-income students

Retail Wire

The recruiting process for internships at big technology companies is biased toward students from schools known for their computing programs. This frequently eliminates low-income students from consideration. “Assumptions of privilege are baked into the system,” said Ruthe Farmer, the founder and CEO of the Last Mile Education Fund. “It’s biased toward students with more free time to devote to side projects, hackathons and studying for technical interviews — characteristics that conflate privile

ATS 100
article thumbnail

Poshmark releases livestream shopping feature

Retail Dive

Posh Shows allows users to livestream on the social resale marketplace for the first time — even as other platforms step away from the format.

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

Express may face NYSE delisting

Retail Wire

Express last week received a notice from the New York Stock Exchange that its stock may be delisted as a result of its share price falling below $1. The fashion retailer said it will “formally notify the NYSE of its intent to cure the deficiency, which may include, if necessary, effecting a reverse stock split, subject to Board and stockholder approval.

Fashion 100
article thumbnail

Saalt launches underwear collection at Target

Retail Dive

The menstrual care brand is bringing its Comfort Collection period underwear to the mass retailer at a cheaper price than its own direct-to-consumer website.

ATS 98
article thumbnail

Arkansas likely to pass bill requiring social sites to verify users’ ages and get parental consent

Retail Wire

Arkansas’ House of Representatives passed the Social Media Safety Act, which requires social media sites to verify users’ ages and confirm that minors have parental/guardian consent before opening an account. The state’s Senate passed a similar bill earlier.

article thumbnail

The POS top five – the ‘must-haves’ for a perfect POS

I Vend

A point of sale (POS) system is the nerve centre of any retail operation. It performs the core functions in the store – managing the customer transactions that enable you to trade and taking the payments that make up your revenue. But not all POS retail systems are created equal, and the qualities of your point of sale make all the difference to the level of service you offer your customers and the operational efficiency of your business. iVend Point of Sale (POS) iVend are leading experts in re

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

Costco’s March numbers aren’t very Costco-like

Retail Wire

Costco reported a 2.6 percent gain in same-store sales for March, below the 3.9 percent expected by Wall Street. The warehouse club saw its numbers pulled down by weakness in its non-foods business.

100
100
article thumbnail

Uptown Alley to Open 64,000-Square-Foot Entertainment Venue in Williamsburg, Virginia

Shopping Center

Williamsburg, Va. — Entertainment concept Uptown Alley has purchased the former Yankee Candle building in Williamsburg, with plans to open its fifth entertainment venue. The multilevel, mixed-use building is located on a six-acre site at 2200 Richmond Road. Dawn Griggs… The post Uptown Alley to Open 64,000-Square-Foot Entertainment Venue in Williamsburg, Virginia appeared first on Shopping Center Business.

article thumbnail

Exporting is a Great Competitive Edge for Women Business Owners

LS Retail

©iStock/Amorn Sarıyan Zimbabwe businesswomen have been urged to venture into the export market and take advantage of the opportunities provided by the African Continental Free Trade Area (ACFTA), which has a market of more than 1.2 billion people. This is to boost the country's exports. The program was designed to empower women entrepreneurs with personalized business mentorship, professional knowledge and skills as well as tools and networks to transform their existing enterprises into successf

article thumbnail

Obsess launches self-service virtual store builder for brands

Retail Dive

Ava by Obsess, a new offering from the tech company, allows businesses to create and manage their own virtual experiences.

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.