Mon.Nov 25, 2024

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From Niche Product to Viral Sensation: How Bogg Bag Ventured into 1,800 Target Stores

Retail TouchPoints

If you’ve recently been to the beach, or maybe a kids’ baseball or soccer game, you’ve likely seen a Bogg Bag. Known (and loved) for its functionality, durability, and fun color and pattern combinations, the Bogg Bag has become the ultimate sidekick for many suburban moms nationwide. On Amazon alone, the bag has garnered more than 5,000 five-star reviews and was named the best beach bag and tote by Travel + Leisure and Good Morning America.

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How Amazon, Temu, and Shein are reshaping Australia’s retail landscape

Inside Retail

Recently, I have been examining what I call ‘The Invisible Enemy’ facing Australian and global retailers. This pervasive, almost intangible force is dismantling the traditional pillars of retail with alarming speed. Once, we knew our competitors. They were visible in malls, high streets, shopping centres, or online marketplaces. But today, the competitive landscape has dramatically shifted, and traditional retailers find themselves grappling with an enemy they can no longer see or predict.

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Amazon Invests Another $4B in Anthropic, Adds Program for Quantum Computing

Retail Wire

Amazon is going all in with AI startup Anthropic as well as getting ready for quantum computing.

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Stirling Property Funds buys McGraths Hills Home retail centre

Inside Retail

Stirling Property Funds has purchased McGraths Hills Home large format retail (LFR) centre in Sydney’s North West Growth Area for $55 million. “The acquisition of McGraths Hill Home was well supported by our clients, who continue to be attracted to investment opportunities within the LFR sector,” said Scott Girard, head of property at Stirling. “The sector provides exceptional investment fundamentals with the ability to acquire quality assets such as McGraths Hill Home at

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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Krispy Kreme Launches Festive ‘Grinchmas’ Holiday Doughnuts

Retail Wire

To give a naughty and nice twist to the holiday season, Krispy Kreme has launched a line of "Grinchmas" holiday doughnuts.

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Macy’s Delays Q3 Earnings to Investigate Financial Irregularity

Retail TouchPoints

Macy’s reported preliminary earnings for its Q3 2024, which ended Nov. 2, 2024, but has delayed the full release of results while it investigates an incident in which it appears an employee hid millions of dollars of expenses for nearly three years. The irregularity was uncovered as the retailer was preparing its financial statements for the current quarter.

More Trending

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Chatime Australia faces penalties for underpaying workers

Inside Retail

Chatime Australia and its executive is facing penalties due to the underpayment of employees at 19 stores across Sydney and Melbourne. The Federal Circuit and Family Court has imposed $120,960 penalty against Chatime Australia and $11,880 against the bubble tea chain franchisor’s MD Chen Zhao for the offence. The Fair Work Ombudsman said that the company paid its employees flat rates as low as $7.59 to $24.30 per hour.

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Amazon Live Taps Martha Stewart and Jennifer Hudson To Host Black Friday Shopping Shows

Retail Wire

On the biggest shopping day of the year, Black Friday, Jennifer Hudson and Martha Stewart will pitch Amazon special deals as part of a series of live shopping shows produced by TalkShopLive.

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How Top Retailers Prevent Black Friday Website Disasters: a Cross-Team Approach

Retail TouchPoints

Several years ago, during the Super Bowl, I was working at a small startup when my CTO came to tell me the company was planning a major commercial push to the big game’s millions of global viewers. Unfortunately, he came to me that Sunday morning. I warned him our site would likely crash and sure enough, midway through the ad, our traffic surged so much that our security firewall thought we were under attack.

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Egg Prices Keep Rising as Avian Flu Continues Affecting Supply

Retail Wire

Egg prices continue to climb, and it's not just because of inflation.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Mango Plans to Operate 42 U.S. Stores by Year End, 20+ More in 2025

Retail TouchPoints

Moving toward its goal of making the U.S. one of its three main markets by 2026, Mango plans to operate 42 stores in the country by the end of 2024. The apparel retailer also plans to open more than 20 locations next year, primarily in the Sun Belt and Northeast, according to CNBC. The retailer’s target is to operate approximately 65 U.S. stores by the end of 2025.

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JetBlue Teases New European Destinations, Brings Back Seasonal Routes

Retail Wire

JetBlue is adding even more routes.

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Here’s how to unlock the power of in-store retail media

Inside Retail

With the evolution of retail media networks, brands and retailers are seizing the opportunity to shape consumer behaviour in real-time, using in-store touch points to elevate the shopping experience. Nowhere is this more evident than in Australian supermarkets where – following international trends – the deployment of digital screens is driving significant increases in sales of participating brands.

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E.l.f. Leans into Sports Fandom with Holiday Campaign Debuting During Macy’s Parade

Retail TouchPoints

E.l.f. Cosmetics will once again tap into the universality of sports in its new multi-platform campaign, “ Eyes. Lips. Face. Fandom. ,” which will make its broadcast debut to an estimated 22 million viewers during the Macy’s Thanksgiving Parade on Thursday, Nov. 28. Image courtesy E.l.f. Beauty Starring actors Joey King ( The Kissing Booth, A Family Affair ) and Lucien Laviscount ( Emily in Paris, Waterloo Road ), the spot features the ultimate face-off — meeting the parents on Thanksgiving whil

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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

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Bunnings, Priceline, TerryWhite Chemmart on what drives their retail success

Inside Retail

What do the top retailers in Australia have in common? Resilient business models, customer-centric thinking and strong value propositions. These were the common factors we found across the retailers in the latest edition of Inside Retail’s Top 25 Retailers by Revenue annual report. While the report is free to download, a ranking only tells you so much, so we reached out to the leaders behind the brands to understand the key drivers of their commercial success in FY24.

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AO raises forecast following strong profit and sales growth

Retail Gazette

AO has raised its full-year forecast once again, driven by a significant increase in both profits and sales during the first half of the year. For the six months ending 30 September 2024, the electricals retailer saw a 30% rise in adjusted profit before tax, reaching £17m, while total revenues climbed 6% to £512m. Operating profits grew by 11%, and B2C retail revenues saw a 13% increase, totalling £382m.

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Core NZ retail sales fall again as consumers hold back spending

Inside Retail

New Zealand’s core retail sales decreased again in the September quarter, which indicated the continued challenges facing the sector. Stats NZ’s latest Retail Trade Survey shows that core retail sales for the quarter fell 1.7 per cent year-on-year. Total retail sales (including motor vehicles and parts, and fuel) were also down 2.8 per cent. When compared with the June quarter, the total volume of retail sales decreased 0.1 per cent, with declines reported in 10 of the 15 retail industries.

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Baskin-Robbins Pardons Frozen Turkey Cake in Honor of White House Thanksgiving Tradition

Retail Wire

Baskin-Robbins spared its own special turkey in honor of the annual White House tradition of pardoning live birds for the Thanksgiving holiday.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

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Khloe Kardashian launches signature fragrance with Luxe Brands

Inside Retail

Khloe Kardashian has partnered with Luxe Brands to launch XO Khloe’s signature fragrance. First introduced at Harrods in the UK, it will debut exclusively in the US at Ulta Beauty next month. Inspired by Khloe herself and developed by renowned perfumers – Alberto Morillas and Clement Gavarry, XO Khloe carries a rose petals scent with a touch of praline, musk and soft woods.

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Bath & Body Works Raises Outlook in Advance of Shorter Holiday Season

Retail Wire

Bath & Body Works is seeing its stock soar after a promising earnings report.

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Not Ready For AI? Time To Lay The Groundwork

Cisco Retail

In our recent Cisco AI Readiness Index, we found that only 13% of organizations consider themselves ready to capture AI’s potential, even though urgency is high. Companies are investing, but close to half of respondents say the gains aren’t meeting expectations. Here’s how organizations can get themselves better prepared.

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Macy’s Employee Hides Up to $154 Million in Expenses, Delaying Q3 Earnings Report

Retail Wire

A Macy's employer hid up to $154 million in expenses over the last three years. What's next?

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s

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Kohl’s names new CEO

Retail Dive

The department store has tapped Michaels CEO Ashley Buchanan to lead the retailer beginning early next year, replacing Tom Kingsbury.

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Thanksgiving 2024: Which Restaurants Are Open & Which Are Closed

Retail Wire

Thanksgiving 2024 has a variety of restaurants open for those who aren't cooking.

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Macy’s delays full Q3 report over millions in fraudulent expense accounting

Retail Dive

Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise decent quarter.

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West Midlands invited to ‘Light the World’ with UK’s first charity donation vending machines at Touchwood Solihull

A1 Retail

This festive period, Touchwood Solihull is inviting visitors to donate to charitable causes, as the first UK destination to install charity donation vending machines. Delivered by Light the World, the vending machines help to raise much needed funds for a number of local, national and international charities. Touchwood is home to three vending machines that are open to the public until 27 th November.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

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Macy’s chief marketer on why telling a cohesive marketing story is crucial

Retail Dive

With its Thanksgiving Day Parade days away, Sharon Otterman explains how the retailer brought its gift guide to life in its holiday campaign.

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Not Ready For AI? Time To Lay The Groundwork

Cisco Retail

In our recent Cisco AI Readiness Index, we found that only 13% of organizations consider themselves ready to capture AI’s potential, even though urgency is high. Companies are investing, but close to half of respondents say the gains aren’t meeting expectations. Here’s how organizations can get themselves better prepared.

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Vuori doesn’t need money. Investors keep knocking anyway.

Retail Dive

A recent $825 million fundraise from General Atlantic and Stripes tipped the brand into the $5 billion valuation range. Investor Jon Kossow says the company still doesn’t need the cash to fund its own operations.

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Tesco to open over 150 Express stores in next 3 years

Retail Gazette

Tesco is planning to open over 150 Express convenience stores in the UK over the next three years as it ramps up expansion plans. The changes, which will create more than 2,000 jobs in local communities, come as the grocery retailer celebrates the 30th anniversary of Tesco Express. The supermarket opened the doors of the first Express store in Barnes and Norbury, London in 1994 and now operates a total of 2,704 of the convenience sites.

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How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.