Retail Gazette
JUNE 13, 2024
Shein has increased prices by over a third on some core items, likely to boost revenues ahead of its anticipated IPO, according to a recent analysis of its pricing strategy. Shein’s average price hikes surpassed those of fellow fashion rivals H&M and Zara , according to data from London-based research firm Edited, which compared prices on 1 June with those from a year earlier.
Retail TouchPoints
JUNE 13, 2024
And, just like that, Drizly is out. As of March 2024, the departure of what was once the largest online marketplace for alcohol in North America has created a significant void in the adult-beverage industry. However, this void also presents a significant opportunity for grocers. With customers increasingly returning to in-store shopping, grocery stores are now in a prime position to reclaim and expand their share of the alcohol market.
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Retail Wire
JUNE 13, 2024
Costco enthusiasts in the United States have been left frustrated and envious upon discovering that a popular food court item available in Canada is not offered stateside.
Retail TouchPoints
JUNE 13, 2024
The RealReal makes a concerted effort to keep counterfeit luxury items off the market, removing approximately 5,000 fakes each month (a total of 250,000 since 2011). So what are these faux handbags doing in a RealReal retail store located on NYC’s Canal Street, a notorious knockoff hub? The answer is simple: the fakes, identified by The RealReal’s stringent authentication process, are decidedly not for sale (“hours” listed on the store’s window indicate it is closed Monday through Sunday).
Advertiser: Experience Retail Today
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Retail Wire
JUNE 13, 2024
Meta Platforms is reportedly making further reductions in its executive ranks, with plans to decrease the number of vice president positions from 300 to approximately 250.
Inside Retail
JUNE 13, 2024
After 13 years of running gyms, Emma Stallworthy felt it was time for a change and founded the at-home reformer pilates business Your Reformer, with her husband Ben Stallworthy in 2021. Before this, Stallworthy and her partner, now husband, built and owned a successful chain of fitness studios, which they sold for over $6 million in 2021 before going all in on Your Reformer.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail Wire
JUNE 13, 2024
The coffee retailer is taking a significant step to make breakfast more affordable for its customers.
Retail TouchPoints
JUNE 13, 2024
Ebay has drawn a line in the sand when it comes to payments. After very publicly announcing last week that it would no longer accept American Express due to “unacceptably high fees,” today the online marketplace said it will be adding Venmo as a payment option in the U.S. as part of a “continued push to expand ways to pay and invest in digital natives.
Retail Wire
JUNE 13, 2024
The company reportedly misled consumers about the safety of its talcum powder products.
Retail TouchPoints
JUNE 13, 2024
Initially a cult classic among runners and exercise fiends, HOKA is now undeniably a mainstream phenomenon. In fact, HOKA parent company Deckers revealed in its Q4 and results for fiscal 2024, which ended March 31, 2024, that the brand’s net sales for the quarter increased 34% year over year, while its full fiscal year net sales increased 27.9% over 2023 , reaching $1.8 billion.
Speaker: Jennifer Wright and Nick Barron
2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt
Retail Wire
JUNE 13, 2024
This ramen product could cause acute poisoning in some consumers.
Retail TouchPoints
JUNE 13, 2024
Arkansas-based grocer Harps Food Stores is adding its 145 stores to the Grocery TV in-store retail media network. Harps will leverage Grocery TV’s end-to-end in-store retail media solution to engage shoppers with digital displays throughout its stores in Arkansas, Kansas, Louisiana, Missouri, Mississippi and Oklahoma. The Harps team also will be using Grocery TV’s Content Management System to launch and track in-store digital campaigns in order to increase the visibility of marketin
Inside Retail
JUNE 13, 2024
Lifestyle brand New Era has entered an agreement to acquire premium sports label ‘47 for an undisclosed sum. Following the acquisition, the combined company is expected to generate approximately $2 billion in annual revenue. The two brands said they will continue to grow their licensing partnerships with many of the largest global sports leagues and events.
Retail Wire
JUNE 13, 2024
A Chick-fil-A franchise in Hammond, Louisiana, has sparked a mixture of intrigue and controversy with its new offering: Chick-fil-A Summer Camp for children.
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Intelligence Node
JUNE 13, 2024
The consumer electronics landscape is rapidly evolving, driven by a mix of innovation, changing consumer preferences, and technological advancements. Reports show that this year, 78.3% of total consumer electronics sales. The post How AI and IoT Are Shaping Consumer Electronics in 2024 appeared first on Blog.
Retail Wire
JUNE 13, 2024
Tesla's stock saw a boost in pre-market trading following Elon Musk's statement that shareholders are likely to approve his $56 billion disputed package and his proposal to relocate the electric carmaker's incorporation to Texas.
Retail Dive
JUNE 13, 2024
The department store remains profitable, though net income plummeted nearly 90% last year and sales continued to slide.
Retail Wire
JUNE 13, 2024
Microsoft previously denied any responsibility in the hack.
Speaker: Igli Laci, Strategic Finance Leader
In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a
Retail Gazette
JUNE 13, 2024
John Lewis has seen demand for its TVs skyrocket ahead of the 2024 UEFA European football championship, which begins this Friday (14 June). The department store said TV and AV sales had soared 47% compared to the same period last year, with shoppers spending on average 13% more on their home entertainment set up. It noted many consumers were upgrading to larger screens, with sales of 65” TVs more than doubling (104%) and 70” screens skyrocketing 123%.
Retail Wire
JUNE 13, 2024
On Wednesday, Sony Pictures Entertainment announced its acquisition of the Alamo Drafthouse, the dine-in movie theater chain.
Retail Gazette
JUNE 13, 2024
Tesco has strengthened its market share and maintained its profit guidance for the year, after reporting a 4.6% rise in underlying UK sales for the first quarter. As a result, the UK’s biggest grocer has kept its forecast for retail adjusted operating profit of at least £2.8bn ($3.6bn) for 2024/25, up from £2.76bn in 2023/24. “We’ve continued to build momentum in the business, with strong volume growth across the UK, Republic of Ireland and Central Europe supported by easing in
Cisco Retail
JUNE 13, 2024
Cisco engineers often face the challenge of setting up a Security Operations Center in two days at global events. Aditya Sankar explains the process with our “SOC in a Box” in this blog.
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In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.
Shopping Center
JUNE 13, 2024
Perris, Calif. — BWE has arranged $66.5 million in construction financing for a new phase of development at Plaza de Perris, a retail center located in Perris. Upon completion, the property… The post BWE Arranges $66.5 Million Financing for Plaza de Perris in Southern California appeared first on Shopping Center Business.
Cisco Retail
JUNE 13, 2024
According to AppOmni’s 2023 State of SaaS Security report, 79% of organizations reported a SaaS security incident during the preceding 12-month period. As enterprises incrementally store and process more sensitive data in SaaS applications, it is no surprise that the security of these applications has come into greater focus.
LS Retail
JUNE 13, 2024
©iStock/Alberto Marrupe Gutierrez Whether you are based in Ireland or the United States, winning new exports comes in handy for newfound growth at your business. In this case, the Going for Growth program, which Enterprise Ireland and KPMG support, is designed to help female entrepreneurs achieve their growth ambitions by growing their sales, creating additional employment, and winning new exports.
Retail Dive
JUNE 13, 2024
Nearly half of shoppers over the age of 18 purchased a toy for themselves in the past year, according to a report by Circana.
Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes
Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.
Wiser
JUNE 13, 2024
In today’s fiercely competitive e-commerce landscape, visibility is everything. If your product isn’t easily found by consumers, it might as well not exist. This is where the concept of “share of search” comes into play. Share of search refers to the proportion of searches for your product or brand compared to the total searches for a given keyword on a retailer website.
Cisco Retail
JUNE 13, 2024
With Cisco's Child Bonding Policy and supportive culture, Program Manager Wallid S. was there with and for his family for the birth of his fourth child.
Mulesoft
JUNE 13, 2024
Migrating off of legacy middleware requires careful planning and execution. Learn about legacy migration strategies and how to enable seamless digital transformation with MuleSoft. The post 5 Things to Consider When Migrating from Legacy Integrations first appeared on MuleSoft Blog.
Cisco Retail
JUNE 13, 2024
See how Cisco DevNet provides the resources and community automation engineers need to leveraging AI when building smarter, more efficient solutions.
Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global
In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!
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