Fri.Mar 08, 2024

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Woolworths loses Australia’s most-trusted brand crown 

Inside Retail

Bunnings has been named the most trusted brand for the year to December, dethroning Woolworths and ending the supermarket’s three-and-a-half-year dominance. Bunnings lost the title of Australia’s most trusted brand to Woolworths in May 2020. However, beginning October 2022, Bunnings has made a strong comeback, drawing the greatest increase in confidence among all those on the trusted brands list.

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Frasers to Shutter Matchesfashion Just Months After Acquisition

Retail TouchPoints

Frasers Group is shutting down luxury ecommerce site Matchesfashion just three months after acquiring the business , saying in a statement that “continued funding requirements would be far in excess of amounts that the Group considers to be viable.” As a result, Matches has been put into administration, the UK equivalent of bankruptcy. Since rebranding from Sports Direct International to Frasers Group in 2019, the company has been steadily growing its slate of fashion and lifestyle brands, which

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Honda Releases the 2024 Prologue Electric SUV

Retail Wire

The automotive landscape is shifting, with electric vehicles (EVs) gaining traction as a viable alternative to traditional gas-powered cars. Amidst this transition, Honda introduces the 2024 Honda Prologue, marking its entry into the world of all-electric SUVs.

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Thrice the size: Oz Hair & Beauty plans 10 more shopfronts

Inside Retail

Australian hair and beauty retailer Oz Hair and Beauty will open 10 new storefronts throughout the country in a multi-million-dollar investment. Its newest location opens this month at Sydney’s Macquarie Centre. Anthony Nappa founded Oz Hair and Beauty in 2012, after his parents owned and maintained hairdressing salons in Sydney for many years, including their flagship Oz Hair salon in the Queen Victoria Building (QVB) since 1986.

Planning 264
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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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There Goes the Sun: Warby Parker Offers Free Glasses to Safely View Upcoming Solar Eclipse

Retail TouchPoints

The Great North American Solar Eclipse on April 8 will be the last total solar eclipse (when the moon comes between us and the sun) that’s visible from the contiguous U.S. for the next 20 years. Warby Parker is trying to help more people view it safely by offering free ISO-certified solar eclipse glasses at all its stores beginning April 1, while supplies last.

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Costco Ventures Into Selling Gold Bars and Silver Coins

Retail Wire

After locking in loyal $1.50 hot dog-soda customers, Costco is on the hunt for a new market in precious metal collectors and investors.

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More Trending

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Salesforce Unveils New AI Solutions for Healthcare Workers

Retail Wire

On Thursday, Salesforce revealed fresh data and artificial intelligence solutions tailored to alleviate the hefty administrative burdens faced by healthcare professionals, especially doctors.

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Thrive Causemetics Founder Reveals What it Takes for a Cause-Based Brand to Stay on Mission

Retail TouchPoints

Karissa Bodnar, Founder and CEO of clean beauty brand and DTC success story Thrive Causemetics , grew up in a small town in rural Washington state. She lived off a dirt road where neighbors were few and far between, there was no cable and the internet was sporadic. Not exactly the kind of place one imagines as the breeding ground for a beauty powerhouse, and yet according to Bodnar it was the perfect set of conditions to shape her into the successful businesswoman she’s become today.

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ARA launches Harvard Scholarship with CEW for women leaders in retail

Inside Retail

Women leaders in the retail industry have an opportunity to study at the Harvard Business School in Boston, USA, through a scholarship program run by the Australian Retailers Association (ARA) and Chief Executive Women (CEW). Now in its third year, the ARA CEW Women Leaders in Retail Scholarship program aims to address gender inequity by offering women a chance to accelerate their professional development.

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Burlington Plans to Open 100 New Stores in 2024

Retail TouchPoints

Off-price retailer Burlington Stores beat expectations for Q4 2023 (the 14 weeks ended Feb. 3, 2024), with total sales increasing 10% and comparable store sales growing 2% year over year. The quarter closed out a steady year for the chain, with comp store sales up 4% in fiscal 2023, although on an earnings call discussing the results CEO Michael O’Sullivan expressed disappointment that the company hadn’t performed better, identifying several opportunities for improvement in 2024.

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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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ALDI Reveals Expansion Plans Across America

Retail Wire

Discount grocer ALDI has revealed ambitious plans for growth in the United States, aiming to open 800 new stores by the end of 2028.

Planning 262
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Can a smaller-format Whole Foods help Amazon win in the grocery market?

Inside Retail

Last week, Amazon -owned grocery chain Whole Foods announced the launch of a new format store, Whole Foods Market Daily Shop, to make grocery shopping more convenient for urban consumers. The first location is expected to open in New York City later this year. It will be the first Whole Foods store in Manhattan to offer Juice & Java, a venue for coffee, tea, fresh pressed juices, smoothies, sandwiches, soups and various desserts.

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Why Recalls Have Been on the Rise

Retail Wire

Over the past two weeks alone, the FDA has identified a dozen recalls, market withdrawals, and safety advisories spanning products ranging from eye ointments to chocolate bars and ground cinnamon.

Marketing 162
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The retail turnaround rules

Inside Retail

The 2024 Australian Retail Outlook is out now. This must-read resource is packed with exclusive insights from Inside Retail’s survey of retailers about their performance, plans and predictions for the year ahead; trend analyses and advice from industry experts; and interviews with leading retailers, including Ikea, Lush, Outland Denim, Milligram, and many more, about their growth strategies in 2024 and beyond.

Planning 130
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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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Boeing 737 Skids off Runway at George Bush Intercontinental Houston

Retail Wire

On Friday morning, a United Airlines flight took an unexpected detour at George Bush Intercontinental Airport in Houston. The Boeing 737 aircraft, arriving from Memphis International Airport, veered off the runway around 8 a.m. while taxiing toward the gate.

ATS 130
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How demographics are driving Milligram’s physical retail expansion

Inside Retail

There’s a term the Japanese use to describe finding beauty in everyday objects – ‘wabi-sabi’. The meaning runs a little deeper than that, but wabi-sabi is essentially what Milligram, a retailer of stationery and other personal goods, is all about. The business was started in 2007 by Scott Druce and Matt Harris. Back then, it was called NoteMaker, and it was run from Druce’s kitchen table.

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Häagen-Dazs Celebrates Trailblazing Women With The Rose Project

Retail Wire

In an ode to the unsung heroes of our time, Häagen-Dazs proudly unveils The Rose Project's latest champions. These exceptional women, dubbed the "Women Who Don't Hold Back," are paving the way for a brighter future. And now, the search for the next wave of inspirational figures begins, as nominations open for The Rose Project Class of 2024.

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Prada celebrates strong growth, but warns of uncertainties

Inside Retail

Prada Group’s annual net revenue grew amid higher retail sales despite cost of living pressures in many international markets. The luxury retailer’s net revenue increased 17.2 per cent to €4.7 billion (A$7.747 billion) with retail sales up 17.2 per cent to €4.2 billion ($6.92 billion). Prada brand’s net sales climbed 12.1 per cent, while Miu Miu surged 58.2 per cent and other net sales rose 19.4 per cent.

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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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US Lawmakers Push New Bill To Restrict TikTok for Security Concerns

Retail Wire

A renewed effort on Capitol Hill targets TikTok, a popular app owned by China-based company ByteDance, due to concerns over potential ties to the Chinese government. Despite previous attempts stalling, a new bill gains traction, aiming to safeguard national security.

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Primark Birmingham Welcomes PHOTO by Fujifilm Concession

365 Retail

Fujifilm has officially launched its PHOTO by Fujifilm concession within the largest Primark store in the world, located in Birmingham. This introduction marks the commencement of an expanding partnership between the two brands, aimed at enriching the shopping journey with the excitement and creativity of instant photo capturing for the local community.

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United Airlines Loses Tire Immediately After Takeoff in San Francisco

Retail Wire

A flight en route to Japan lost one tire, which landed in an airport employee parking lot.

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Tesco blasted as pay rise delay leaves many workers earning under minimum wage

Retail Gazette

Tesco has been criticised after a month-long delay to a promised pay rise has left hundreds of staff earning less than the minimum wage. The grocery giant, which employs more than 330,000 workers, revealed this week it was increasing the minimum pay for its shop workers from £11.02 to £12.02 as of 28 April – almost a month after the legal minimum wage for those aged 21 and over increases to £11.44.

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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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Media Titan Rupert Murdoch, 92, to Marry for the Fifth Time

Retail Wire

The business magnate will wed retired molecular biologist Elena Zhukova in June.

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B&Q launches in-store partnership with paint company Lick

Retail Gazette

B&Q has launched an in-store partnership with paint company Lick, to sell its products in shops for the first time. The retailer is set to sell a range of paint, samples and decorating accessories from the paint business in stores throughout the UK and Ireland. The DIY company first began stocking Lick paint on its website back July, but its latest move means the products can now be found in stores along with an interactive, digital screen allowing customers complete a quiz to receive colour

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Protect Your Cloud Environments with Data Security Observability

Cisco Retail

Data is the new fuel for business growth Data is at the heart of seemingly everything these days, from the smart devices in our homes to the mobile apps we use on the go every day.

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Matalan reshuffles senior leadership team as ‘ambitious’ transformation plan continues

Retail Gazette

Matalan has hired a host of new senior leaders to the company, as it presses on with its “ambitious” business transformation. The group has appointed former Boden director of product management and experience, David Seeby as its new director of online, in a bid to drive forward its ecommerce offer. Former Co-op director of strategic planning and solutions John O’Driscoll joins the retailer as its new director of strategy, overseeing the delivery of the leadership team’s strategic pla

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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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Aldi Plans 800-Store Expansion Across the U.S. by 2028

Shopping Center

Batavia, Ill. — German discount grocer Aldi has announced plans to add 800 new locations across the United States by the end of 2028. The company will invest more than $9… The post Aldi Plans 800-Store Expansion Across the U.S. by 2028 appeared first on Shopping Center Business.

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John Lewis Lego bouquets grow in popularity for Mother’s Day

Retail Gazette

John Lewis has reported a spike in demand for its Lego floral bouquets as an alternative gift idea for Mother’s Day. Sales of the ever lasting flowers have soared 817% over the last two weeks, compared to the same time last year, with the hashtag #legoflowers racking up 31.8k posts on TikTok, according to the retailer. Bestsellers for Mother’s Day include Lego daffodils, sunflowers, and its 939-piece Icons 10313 wildflower bouquet, as the bouquets reportedly grow in popularity as a m

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Empowering women and transforming economies globally through inclusive partnerships

Cisco Retail

The Social Impact Partner Spotlight series highlights various Cisco non-profit organization partners that are helping transform the lives of individuals and communities.

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Best Buy’s suppliers help defray costs in choppy electronics market

Retail Dive

The retailer logged $20 million in vendor spending on things like promotions, displays, special staffing and fulfillment services.

Marketing 104
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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