June, 2024

article thumbnail

Viral Video Sparks Concerns Over Walmart’s Watermelon Quality

Retail Wire

A Walmart customer has recently taken the internet by storm with a TikTok video showcasing an unusual watermelon she purchased from the retail giant. The video, shared by Gabriela (@gabrielanailsnmakeup), has accumulated over 5 million views as of Saturday evening, sparking widespread curiosity and concern among viewers.

286
286
article thumbnail

Meet Our 40 Under 40 Winners of 2024

Retail TouchPoints

For the fourth year, Retail TouchPoints and Design:Retail are revealing a new class of emerging leaders worth knowing. The 40 Under 40 Awards and its winners represent the diversity of the retail industry and its various players: brands, technology vendors, agencies and consultancies, and design firms. And at the brand level, we have the honor of spotlighting executives from both established legacy retailers as well as emerging direct-to-consumer brands.

Wholesale 312
Insiders

Sign Up for our Newsletter

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

article thumbnail

Here comes the Gen Z bride

Inside Retail

From acquiring an engagement ring to buying a wedding dress, few life events are as rife with retail opportunities as planning and hosting a wedding. Last year, the average wedding cost around US$38,000. In 2019, that number was US$28,000, reports The Knot, a global technology company that provides content, tools, products and services for couples planning weddings.

article thumbnail

UK retail sales to EU plunge post-Brexit

Retail Gazette

British retail sales to the EU have plummeted £6bn since Brexit, despite a flourishing European ecommerce market, new research has found. While online retail is estimated to add £323bn of annual sales to EU economies, trade frictions from Brexit-related complexities are limiting this sales opportunity for UK brands and retailers, according to findings by Retail Economics and Tradebyte.

article thumbnail

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.

article thumbnail

Exploring the Potential of Intelligent Document Processing in Healthcare

Mulesoft

Discover how Intelligent Document Processing (IDP) can revolutionize your healthcare organization by automating data handling and enhancing operational efficiency. The post Exploring the Potential of Intelligent Document Processing in Healthcare first appeared on MuleSoft Blog.

109
109
article thumbnail

Tractor Supply slashes all DEI roles, carbon-emission goals and Pride support

Retail Dive

The retailer said it would focus on "being a good neighbor," but the Human Rights Campaign said the decisions mean the company is "turning its back on their own neighbors.

125
125

More Trending

article thumbnail

Walgreens to Offer Free HIV and STD Testing at 550 Stores

Retail TouchPoints

For its National HIV Testing Day event on June 27, Walgreens will provide free testing for HIV and other STDs at a record 550 stores. No appointment is needed to get the tests, which typically provide results in 20 minutes or less, at any of these participating Walgreens stores. The retailer, which has been working with Greater Than HIV , a public information initiative of KFF , since 2011, has provided more than 82,000 free HIV tests through the in-store program, including more than 15,000 self

ATS 308
article thumbnail

Prezzee sets revenue record as membership reaches 4 million

Inside Retail

Digital gift card platform Prezzee has more than tripled its sales for the 18 months ended December 2023, according to its financial report lodged with the Australian Securities and Investments Commission. Card sales during the period grew 205 per cent from $1.1 billion to $3.4 billion, while revenue jumped 178 per cent from $58 million to $161 million.

Marketing 317
article thumbnail

Tesco launches marketplace to become one-stop shop online

Retail Gazette

Tesco has launched an online marketplace allowing customers the ability to shop thousands of third-party products when buying their groceries. The supermarket said the addition of a marketplace will make Tesco.com “a one-stop shop for everything customers need”. It has launched the platform with 9,000 products listed across DIY, garden, homeware, pet care and toys.

Shopping 130
article thumbnail

Studio Lotus wraps stone lattices around museum-cum-jewellery store in Jaipur

Dezeen

New Delhi practice Studio Lotus has used stone lattices and frescoes depicting regional architecture to embellish the Museum of Meenakari Heritage and Sunita Shekhawat jewellery store in India. Designed as the flagship store for Sunita Shekhawat's eponymous jewellery brand in Jaipur, the building contains a museum focused on the craft of Meenakari on its ground floor.

Planning 116
article thumbnail

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

article thumbnail

Under Armour to pay $434M to settle lawsuit that claimed Kevin Plank mislead investors

Retail Dive

If approved, the agreement requires the retailer to keep its CEO and chair roles separate for three years and instill a performance-based condition for some executive stock benefits.

121
121
article thumbnail

Costco Fans Frustrated by Exclusive Canadian Food Court Favorites

Retail Wire

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.

268
268
article thumbnail

Keys for Achieving Sustainability in Retail Supply Chains

Retail TouchPoints

In today’s global economy, the demand for sustainable business practices is rising, particularly in the retail industry. Consumers are increasingly aware and conscious of the social, environmental and human rights impacts of their purchases, prompting retailers to rethink their supply chain strategies. The recent EU-wide legislative changes also are affecting companies worldwide that trade with the EU.

article thumbnail

Drummond Golf put up for sale after 22 years

Inside Retail

The owners of Australia’s biggest golf retailer Drummond Golf are looking to sell the company after 22 years of ownership. Lion Advisory has been hired to assist in the sale process, which includes 100 per cent of Drummond Golf’s master franchise, the Big Swing Golf master franchise, and an e-commerce business. Other assets include Drummond’s interests in 17 company-owned stores and its 66 per cent shareholding in wholesale golf company Golf Works.

Wholesale 306
article thumbnail

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.

article thumbnail

Morrisons eyes 400 new convenience shops

Retail Gazette

Morrisons is set to open 400 more Morrisons Daily shops in a bid to take on rivals Aldi and Lidl as it pushes ahead with its convenience growth plans. The retailer is eyeing a total of 2,000 smaller stores in 2025, The Mirror reported. The news comes as the supermarket delivered “ solid quarter of progress ” with like-for-likes excluding fuel and VAT up 4.1% in its second quarter as it cut down debt by 35% on peak levels, bringing it down from a peak of £6.2bn to £4bn.

Shopping 126
article thumbnail

Balancing the human touch with AI — a Q and A with Marbue Brown

Retail Customer Experience

Marbue Brown, author, consultant, and CX executive, shares strategies for balancing AI with the human touch in customer experience development, the topic of his panel at the ICX Summit in Charlotte, NC on September 9-11.

article thumbnail

Eastern Mountain Sports, Bob’s Stores file for bankruptcy

Retail Dive

The chains, in a “liquidity crisis” since their bank found them to be in default, require emergency funding to make payroll Friday.

132
132
article thumbnail

Amazon Reaches Historic $2 Trillion Market Cap Milestone

Retail Wire

Amazon has achieved a significant milestone by surpassing a $2 trillion market capitalization for the first time in its history. This momentous event occurred during intraday trading on Wednesday, propelling Amazon into an elite group of tech giants that have crossed this formidable threshold. The company's stock closed up 3.9% at $193.61, marking a significant moment for the e-commerce and cloud computing behemoth.

Marketing 275
article thumbnail

Pricing for Profit: How to Set, Negotiate, and Succeed

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

article thumbnail

In Retail Real Estate, Smaller Spaces See Big Demand

Retail TouchPoints

“Less is more” appears to be the new mantra for retailers and QSRs when it comes to square footage for their stores and restaurants. A report from commercial real estate company JLL revealed that in Q1 2024, more than two-thirds (68.5%) of leasing deals were for spaces of 2,500 square feet or smaller. The trend toward compact selling spaces isn’t a new phenomenon, according to Arvind Cheruku, Partner and CIO of Janapriya Upscale USA , a subsidiary of a 36 -year-old real estate company with roots

Marketing 289
article thumbnail

Myer seeks to merge with Premier Investments’ Apparel Brands

Inside Retail

Department store group Myer has proposed to combine its business with Premier Investments’ Apparel Brands, comprising Just Jeans, Jay Jays, Portmans, Jacqui E and Dotti. The proposal is non-binding, indicative and conditional. Myer proposes an all-scrip merger in which it would acquire Premier’s Apparel Brands – previously called the Just Group before Premier acquired the business in 2008 – in exchange for the issue of new Myer shares to Premier.

Apparel 306
article thumbnail

What retail wants from the next government: Iceland, Co-op, and Pets at Home CEOs have their say

Retail Gazette

With just a month until the general election, political parties from across the spectrum start setting out their plans on how to reinvigorate the economy. As the largest private sector employer, retail will rank high on the list. We ask a selection of the industry’s leaders what they want from the new government. Iceland executive chairman Richard Walker “Over the past few months, I’ve been dedicating quality time to visit Iceland stores up and down the country to listen to the

ATS 128
article thumbnail

Revo Opens New Pop-Up Store in Dubrovnik Harbor, Croatia

365 Retail

Revo , the performance eyewear company, has announced the opening of a new pop-up retail store in the picturesque harbour of Dubrovnik, Croatia. This marks another milestone in Revo’s global retail expansion strategy, following successful openings in Barcelona, Spain, and SoHo, Manhattan. Situated in the heart of Dubrovnik’s bustling main yacht marina at Lapadska Obala 17, the Revo pop-up store enjoys one of the highest traffic locations for tourists, boat owners, yacht owners, and cruise ship p

Shipping 113
article thumbnail

A Blueprint for B2B Commerce

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.

article thumbnail

Walmart targets Gen Z with apparel brand relaunch

Retail Dive

The overhaul of its “No Boundaries” private label is the retailer’s latest attempt to gain traction in fashion, this time with casual style and low prices.

Apparel 118
article thumbnail

Old-School Identity Theft on the Rise

Retail Wire

Old-school identity theft is making a strong comeback, with fraudsters targeting unsuspecting victims by using stolen checks, fake IDs, and forged signatures. This resurgence has left banks and government authorities scrambling to address the increasing threats.

258
258
article thumbnail

Walmart Adds Digital Shelf Labels, AI Shopping Assistant as Part of ‘Retail Renaissance’

Retail TouchPoints

Walmart has unveiled a slate of new tech innovations as part of its “Retail Renaissance,” which the company said is aimed at “meeting customer demand with adaptive retail, innovations that intuitively fit into customers’ lives as they seamlessly move across platforms and places.” The new tech includes the rollout of digital shelf labels at all 2,300 U.S. stores by 2026, testing of a Gen AI-powered digital shopping assistant and the integration of drone delivery into its app. “Driven by our

Shopping 289
article thumbnail

Is the customer always right? Putting the power of brand communities to the test

Inside Retail

In retail, it’s generally understood that “the customer is always right,” and businesses that can effectively tap into this advice, regardless of their product or service offering, are said to be best placed for success. Investing in customer service channels and technology can be a costly practice, but to quote another popular phrase, “You have to spend money to make money.

Consumer 299
article thumbnail

Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

article thumbnail

Shein seeks Turkish suppliers amid supply chain concerns

Retail Gazette

Shein is planning to source its clothes for its European market in Turkey as it looks to reduce criticism about its supply chain. The fast fashion giant is understood to be looking at using suppliers that are closer to its main markets after receiving a backlash amid its plans for a £50bn floatation on the London Stock Exchange, This is Money reported.

article thumbnail

Arrival of the Laser-etched Avocado as Tesco Makes Plastic-saving Move

365 Retail

Avocado fans will notice some dramatic changes when they pick up one of Britain’s most popular salad items at Tesco. In a move to help the environment, the supermarket will trial the scrapping of barcode stickers currently on extra large avocados and replace them with a bold laser etching. At the same time it is also trialling replacing the plastic tray packaging for two of its most popular avocado lines and moving to a cardboard container that is easier to recycle.

article thumbnail

Landlords close in on acquisition of Express

Retail Dive

With private equity-backed WHP Global, Brookfield and Simon Property Group have put up a stalking horse bid of some $160 million in cash and $38 million in assumed liabilities.

115
115
article thumbnail

Flame Resistant and Retardant Fabric Market Set to Reach $13.39 Billion by 2034

Retail Wire

The global flame resistant and retardant fabric market is projected to experience significant growth, with revenue expected to reach $13.39 billion by 2034. This expansion is driven by stringent fire safety regulations and increasing awareness of workplace hazards, particularly in high-risk industries such as oil & gas, mining, and manufacturing.

Marketing 251
article thumbnail

Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, 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.