Retail Wire
MAY 21, 2024
BMW, Jaguar Land Rover (JLR), and Volkswagen (VW) have been found to have utilized components from a banned Chinese firm, implicating potential ties to forced labor practices.
Retail TouchPoints
AUGUST 27, 2024
As with many other retail sales “seasons,” formerly hard-and-fast dates about when back-to-school (BTS) selling starts — and perhaps more importantly, when it stops — have become more nebulous in recent years. BTS purchases certainly are starting earlier: according to the National Retail Federation (NRF) survey conducted by Prosper Insights & Analytics, more than half ( 55% ) of consumers already had started buying school items in July.
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Inside Retail
AUGUST 29, 2024
Mosaic Brands ‘ shares and convertible notes will be placed in compulsory trading suspension starting on Monday due to the non-lodgement of its annual financial report. Mosaic expects to lodge its financial report, along with its market update, no later than September 30. Earlier this month, it stated that it would release its FY24 results on August 28.
Retail Gazette
SEPTEMBER 6, 2024
Primark boss George Weston revealed the shoplifting epidemic is costing the fashion retailer more in losses than it pays in business rates. The chief executive of owner Associated British Foods told The Sun that theft in the retailer’s stores had become “socially acceptable”, adding that the perpetrators were “facing no consequences”. “The cost of shoplifting is now bigger than our bill for rates,” he said.
Speaker: Jennifer Wright and Nick Barron
Navigating the complexities of e-commerce requires more than just the right technology - It demands a holistic strategy that aligns platform capabilities with customer- centric design and marketing. This webinar will provide a roadmap for building a robust e-commerce strategy, guiding you through key decisions from platform selection to creating user experiences that convert, and leverage digital marketing to reach and retail customers.
Retail Dive
JULY 3, 2024
John Boyd, president of the National Black Farmers Association, a Tractor Supply shareholder and fourth-generation farmer, said he has tried to reach out to the company’s top executive.
Mulesoft
AUGUST 19, 2024
Artificial intelligence has already begun transforming the technology landscape, making its way into nearly every tool and platform that businesses rely on. From automating mundane tasks to providing intelligent insights, AI has become an integral part of how we work and innovate. At MuleSoft, we recognize the immense potential of AI and are actively investing […] The post Einstein for Anypoint Code Builder: AI-Powered MuleSoft Development Is Here first appeared on MuleSoft Blog.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
365 Retail
SEPTEMBER 1, 2024
Driven by fast technology adoption, the retail sector is changing fundamentally. Among the most important developments changing the retail scene is the Internet of Things (IoT). With its network of linked devices, IoT is not only improving retail operations but also altering the customer experience in ways unthinkable a few years ago. From tailored shopping experiences to simplified inventory control , IoT is leading in producing what we now call “smart stores.” This paper investigat
Dezeen
FEBRUARY 26, 2024
Swedish studio Westblom Krasse Arkitektkontor and design agency Snask have revamped a supermarket in Täby, adding pastel hues and materials such as terrazzo and wood to "turn shopping into an experience". The design was intended as a facelift for the store, which is part of Sweden's ICA supermarket chain and had been given many smaller additions over the years without an overall design direction.
Retail Customer Experience
SEPTEMBER 10, 2024
Shawn Nelson, founder and CEO of Lovesac, a keynote speaker at the ICX Summit, shared insight on how sustainability impacts the retail customer experience.
Hyken
SEPTEMBER 2, 2024
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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.
Retail Wire
MARCH 18, 2024
Tyson Foods, the well-known food processing company, finds itself in hot water as calls for a boycott surge due to allegations of planning to employ migrants at its factories.
Retail TouchPoints
SEPTEMBER 5, 2024
AI is the latest massively disruptive technology making waves for businesses everywhere. But it’s not quite new to retailers. They’ve been leveraging AI for a number of years in the form of chatbots, product recommendation engines, self-checkouts and many other use cases. However, with the advent of generative AI, things are changing quickly today. Even many tech-savvy retailers are struggling to keep up.
Inside Retail
SEPTEMBER 8, 2024
Premier Retail, a division of Premier Investments, expects to report global retail sales of $1.6 billion in the last fiscal year ended July 27. The forecasted retail sales represent a slight decline from $1.64 billion in FY23. The company estimated earnings before interest and taxes of $341 million, down from $356.5 million in the prior fiscal year.
Retail Gazette
JULY 16, 2024
Co-op has launched one of its biggest ever brand campaigns to encourage the UK to turn into a nation of co-operators. The ‘Owned by You. Right By You’ campaign highlights the social and financial benefits of a co-operative business model, and comes as a new survey by the retailer found that more than 50% of consumers don’t understand what it means when a business is a co-operative or a mutual.
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 Dive
SEPTEMBER 9, 2024
The bankrupt home improvement company, previously Lumber Liquidators, has inked a deal to be acquired by F9 Investments, its largest shareholder.
Mulesoft
AUGUST 15, 2024
Roughly two years ago, MuleSoft announced the next generation of the managed integration platform, CloudHub 2.0. The shift to CloudHub 2.0 isn’t just an upgrade – it’s a complete reimagining of how applications are deployed and managed in the cloud, leveraging the robustness of a Kubernetes-based architecture. To briefly summarize the benefits, CloudHub 2.0 offers: […] The post CloudHub 2.0: The Transition from Persistent VM Queues to Robust Message Brokers first appeared on Mu
Retail Times
APRIL 23, 2024
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Co-op is the first UK retailer to announce it is moving to 100% British Strawberries across its entire own brand range – hitting shelves two weeks ahead of last year and just in time for St George’s Day. From 23rd April, the leading convenience retailer will exclusively offer only British fresh strawberries across its offering […] If you want
365 Retail
SEPTEMBER 10, 2024
A burst of yellow now brightens the iconic King’s Road, as Trinny London opens the doors to its highly anticipated flagship store. Designed to offer an uncompromising shopping experience, the new space features interactive product-play areas and designated breakout zones, delivering a fully guided and personalised beauty journey that helps customers feel their best.
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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.
Inside Retail
SEPTEMBER 1, 2024
Plant-based burger chain Flave, launched by ex-Zambrero CEO Stuart Cook, has closed down. Stuart and Samantha Cook launched the vegan fast-food brand amid rapid growth in the plant-based food market and had plans to franchise the chain. However, the two Bondi stores were temporarily closed mid-2023. A shift in consumer habits has been blamed for the brand’s difficulties.
Inside Retail
AUGUST 20, 2024
Scentre Group’s fund from operations stood at $568.2 million in the first six months, up 2.1 per cent from the year-ago period. The Westfield shopping centre owner and operator’s net operating income grew 3.5 per cent to $1.01 billion while the group’s portfolio was valued at $34.3 billion. The group operates 42 Westfield destinations across Australia and New Zealand, which hosted 320 million customer visits, an increase of 1.9 per cent.
Inside Retail
SEPTEMBER 9, 2024
Miniso has opened a 300sqm store on Sydney’s George St dedicated to Sanrio-themed products – the first of its kind in Australia, with more than 2500 SKUs. To celebrate the opening, Miniso gifted customers who reached a certain purchase amount with a ‘kroo bag’, inspired by the Australian kangaroo. Internationally, the new store is Miniso’s second Sanrio-themed location following the opening of the Margo City shop in Indonesia last October.
Retail TouchPoints
JULY 25, 2024
Everyone’s been there — you try your mightiest to get the machine on the other end of the phone to understand what you need, until you give in to frustration and just begin to scream “representative.” Generative AI was supposed to change all that — with this magical new technology, automated voice agents were going to be smarter, more responsive and, most importantly, more accurate.
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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.
Retail Wire
JULY 2, 2024
California's largest insurer, State Farm, has issued a stark ultimatum to the California's Department of Insurance: approve significant rate hikes for home insurance or face the company's exit from the market.
Inside Retail
SEPTEMBER 11, 2024
Dolce & Gabanna will open its first beauty counter in David Jones at the Elizabeth Street flagship in Sydney next month. The counter opening builds on the fashion retailer’s expansion of offerings, with the launching of Dolce & Gabanna Beauty and Dolce & Gabanna Casa homewares. “Since David Jones opened its doors in 1838, it has been our mission to sell the best and most exclusive goods,” said Scott Fyfe, David Jones CEO. “We are fortunate to have been trusted
Inside Retail
AUGUST 22, 2024
Footwear retailer Accent Group ‘s net profit plunged amid higher sales in the last fiscal year. The company saw net profit dip 32.9 per cent to $59.5 million despite sales increasing 2.7 per cent to $1.61 billion. However, like-for-like retail sales fell to 1.7 per cent. Accent Group ended the fiscal year with 895 stores including websites after opening 93 new stores and closing 19, where the company could not achieve return on investment.
Inside Retail
AUGUST 6, 2024
Mosaic Brands has confirmed it is considering the applicability of safe harbour provisions amid operational issues adversely affecting its trade. Mosaic Brands’ confirmation came in a stockmarket filing and follows a report in The Australian Financial Review that the company had entered a safe harbour. Safe harbour provisions protect directors from personal liability for insolvent trading while pursuing turnaround options for their companies.
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.
Retail Wire
SEPTEMBER 8, 2024
Apple will be hosting their newest event tomorrow on their Apple website at 10 a.m. PT. Although the main location will be on the company campus at the Steve Jobs Theater, the website is streaming the presentation.
Inside Retail
JUNE 21, 2024
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.
Inside Retail
AUGUST 28, 2024
Wesfarmers booked higher net income and revenue in the last fiscal year, with its discount department store chain Kmart contributing the most growth among its retail businesses. The company’s net income grew 3.7 per cent to $2.56 billion, while revenue rose 1.5 per cent to $44.19 billion. Kmart Group ‘s revenue grew 4.4 per cent to $11.11 billion, while Bunnings Group’s revenue rose 2.3 per cent to $18.97 billion. “Kmart Group’s performance was a standout, deliverin
Inside Retail
AUGUST 27, 2024
Guzman Y Guzman delivered revenue of $342.2 million in the last fiscal year, up 32.1 per cent, thanks to opening new restaurants. However, the fast-food operator’s statutory net loss widened to $13.7 million. This is the first time the Mexican fast food chain published financial results since its initial public offering on June 20. During the fiscal year, the company saw network sales of $959.7 million, an increase of 26.4 per cent.
Speaker: Jay Black, Senior Account Executive
Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an
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