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In an era where retail theft is evolving into a sophisticated challenge, businesses across America are facing an unprecedented surge in shoplifting and organized retail crime (ORC). These shifts are not only impacting the bottom line of businesses but also altering the shopping experience for consumers nationwide.
The mall is experiencing a resurgence, defying predictions of its demise. This retail renaissance is not just a return to traditional shopping spaces but also signifies a shift in the shoppers’ culture, expectations and behaviors. Fueled by a desire for experiential interactions, expanded leisure and dining offers, personalized shopping journeys and the integration of digital elements, malls are becoming hubs of innovation and adaptation in addition to their social elements and place as our new
Charlotte Broadbent – UK General Manager at Faire After a bruising year for retail, there are finally some reasons for optimism going into 2024. The holiday season appears to be delivering to expectations. The freeze on business rates has put real cash in retailers’ pockets. And while I hear from our retailers some nervousness about the continued impact of our struggling economy on discretionary spending, the deceleration of inflation should at least prevent customers from tightening the p
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.
Over five days and a growing portfolio of on- and off-site events, the National Retail Federation brought together more than 40,000 attendees and 1,000+ exhibitors in NYC. And after three years of pandemic aftershocks, industry experts confirmed what everyone in attendance felt (especially in their aching feet): the Big Show is officially back. The positive vibe of the show was largely driven by retail executives’ obvious eagerness to explore which new technologies would help them maximize custo
A new year has begun, signaling a time for re-evaluation and strategic planning in the retail sector. This period is crucial for understanding evolving consumer preferences and integrating this knowledge. The post The 2024 Online Retail Guide: 40 Statistics for Strategic Success appeared first on Blog.
Leslie Sarasin, president and CEO of FMI, explored the impact of artificial intelligence on the food and retail industry at the recent FMI Midwinter Executive Conference. Hear her call to action.
Leslie Sarasin, president and CEO of FMI, explored the impact of artificial intelligence on the food and retail industry at the recent FMI Midwinter Executive Conference. Hear her call to action.
Shoplifting offences across England and Wales have skyrocketed to their highest rate in 20 years, according to the Office for National Statistics (ONS). More than 400,000 incidents were recorded by police during the year to September 2023, 32% above the previous year. The ONS said there was a “mixed picture of crime” but highlighted a “notable increase in some theft offences, including shoplifting” Subscribe to Retail Gazette for free Sign up here to g et the latest new
The Retail Visual Merchandising and Display Awards 2024 are rapidly approaching, and the growing excitement in the industry underscores the importance of securing a table or ticket for anyone involved in the retail sector. These awards, celebrated annually, are a coveted mark of excellence and innovation in the world of retail design and display. It’s an opportunity for professionals to showcase their skills, for brands to highlight their creativity, and for the industry to come together i
If data is the new oil, then Walmart is sitting on a gusher. Three years ago, the company launched a concerted effort to refine and distribute that rich resource, not just for itself but also for its suppliers. The result — a suite of data insights tools called Walmart Luminate — is now being used regularly by Walmart merchants and suppliers under the banner of the company’s Data Ventures division.
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
The world might be on the brink of a futuristic shift as Tesla plans to mass produce its Optimus humanoid robots. The renowned electric vehicle and artificial intelligence company, Tesla, is rapidly expanding its workforce in Palo Alto, a strong indication of its ambitious production plans.
Online luxury retailer The Outnet and British luxury brand ELV Denim have launched a limited-edition 50-piece upcycled capsule collection. The collection features contrast denim styles alongside new categories including tailoring, knitwear and leather items. All these items are transformed from past seasons, leftover deadstock, and produced by ELV Denim in London.
Prepare for an electrifying fusion of artistry and technology as Integrated Systems Europe (ISE), the unrivalled global hub for professional audio-visual (pro AV) and systems integration, proudly announces its third-year sponsorship of the dazzling Llum BCN’24 light arts festival. Transforming Barcelona into a luminous masterpiece from 2 – 4 February, Llum BCN’24 promises an immersive journey into the realms of contemporary art, technology, and cutting-edge lighting design and is a programme of
Gibson , the iconic global instrument brand, will open a new Gibson Garage flagship store in historic London, just off Oxford Street, on February 24, 2024. It will be the second store of its kind, with the first stationed in Nashville, Tenn. Gibson Garage is designed to be the “ultimate guitar experience and destination” for music lovers. The UK store will have 4,500 square feet of retail space and be designed with local flourishes and “uniquely British cultural discoveries.
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.
Korean restaurant chain Gami Chicken and Beer saw its sales more than doubled in the second half of last year, upon the introduction of healthier menu options. The restaurant, first launched in 2006, saw sales growth of 172 per cent from June to December, thanks to the addition of individual menu items. Sales of the individual items surged 152 per cent during the period. “Gami Chicken has gradually introduced individual menu items such as Bibimbap, Kkochi Salad, Gochujang Chicken, and a Ga
The second outlet of the trendsetting Teavaro Global Brewhouse in New Delhi, located in Punjabi Bagh, is a 500 square feet next-gen tea haven. The latest branch of the teahouse is an exercise in breaking the monotony of the tea industry and shifting the perceptions of the modern urban denizen around the concept of tea. The main aim of the commission was to make the young Indian tea drinker perceive tea beyond the traditional connotations of chai by introducing them to innovative products and exp
Three Chevron ExtraMile convenience stores are implementing dynamic merchandising, social media content and AI-powered sommeliers as part of a pilot program with Samsung Electronics America. Parent company Chevron Stations Inc. (CSI) will use a combination of digital screens, foot traffic analysis, an AI-powered social media solution and a robust content management system to power these new experiences.
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.
Australian sunscreen brand Ultra Violette has secured a $15 million capital from US consumer growth equity firm Aria Growth Partners, as it seeks to further expand in North America. The investment coincides with Ultra Violette’s celebration of its fifth anniversary. Aria has taken an undisclosed stake in the business in what marks the first time Ultra Violette has taken outside capital, having previously been bootstrapped by its founders Ava Chandler-Matthews and Rebecca Jefferd, (pictured above
In the dynamic world of retail, businesses face the ongoing challenges of rising advertising costs alongside a swiftly changing media landscape. In the face of this, the practice of Dynamic Creative Optimization (DCO) can offer a transformative way to navigate the complexities of marketing in 2024. Here we explore the complex dimensions of DCO and its fundamental role in optimizing content for retail advertisers.
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.
T-Mobile's latest perk, Hulu On Us, was launched just yesterday, but the joy was short-lived for some users who ran into trouble trying to claim their free Hulu subscription.
Apparel brand The Upside has partnered with fitness franchise Strong Pilates to launch a sustainable activewear collection. The collection features 100 per cent sustainably-focused fabrics with each piece carrying a custom-designed branded artwork including Strong Pilates’ logo. Strong Pilates is an advocate of sustainability, maintaining a plastic-free environment at its studios. “As a brand, Strong has always been very clear on its values and goal of feeling stronger both physicall
Stitch Fix has partnered with streaming music service Spotify to create an interactive experience that combine’s Spotify’s “sonic sensibilities” and Stitch Fix’s styling expertise to give shoppers a “Style Tune Up.” Shoppers can get personalized outfit recommendations based on the trends from Stitch Fix’s 2024 Style Forecast along with curated #OOTD (outfit of the day) playlist on Spotify to amp up their getting-ready routine.
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.
Iconic French fashion brand Longchamp has just opened the doors to a newly renovated apartment at the ‘Paris end’ of Melbourne’s Collins Street in a way that is très chic. The luxury market is categorised by its exclusivity, maintained through a combination of high price points, consciously limited product volumes, reputation and customer experience, amongst other factors.
In the digital landscape of live streaming, Twitch stands as a beacon of entertainment and community. This is especially true in the United Kingdom, where a diverse range of content categories captivates a vast audience. From the adrenaline-fueled gaming streams to the cozy corners of ‘Just Chatting’ rooms, Twitch in the UK offers a virtual mosaic of interests and activities.
Walmart will reportedly shut down its Store No. 8 innovation unit, according to the Wall Street Journal and other media outlets, as the retailer seeks to cut costs and find new ways to develop and test new ideas. The division, which was formed in 2017 following Walmart’s acquisition of Jet.com , has been the incubator for initiatives including shopping via text message and a recently released software development kit (SDK) to make it easier to integrate Walmart commerce into games and apps.
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