Retail TouchPoints
MAY 16, 2024
Best Buy is rolling out new features in its mobile app to better personalize the shopping experience. The electronics retailer promises that “each time you open the app, your experience will become more tailored and relevant,” with My Best Buy Plus or My Best Buy Total loyalty program members getting access to even more personalized offers and exclusive deals.
Inside Retail
MAY 14, 2024
Bakery franchise Cinnabon is expanding into Western Australia after Boxx Brands secured the rights for the popular cinnamon roll retailer across the state. “Since Cinnabon landed on Oz shores in 2019, West Australians have been hounding social media asking when it will be their turn, and we are so excited to finally make their wishes come true,” said Boxx Brands MD Brett Higgins.
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Retail TouchPoints
MAY 15, 2024
Traditional shopping malls are poised for a dynamic transformation, presenting attractive real estate opportunities as more spaces become vacant and accessible. As architects and developers brainstorm fresh approaches to rejuvenate these properties, what’s certain is that they will look different than in the past. Shopping malls, usually situated in prime locations with good accessibility, are valuable real estate assets that have the potential to be hubs of social interaction and local engageme
Retail Wire
MAY 12, 2024
California’s electricity payment system is getting a makeover. Recently, state regulators greenlit a shift to flat-rate billing, aiming to curb surging energy costs. Under this new scheme, most customers of investor-owned utility companies will face a fixed monthly charge of $24.15, trimming the per-kilowatt-hour usage fee by five to seven cents.
Speaker: Loreal Lynch, 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.
Tokinomo
MAY 15, 2024
Finding the right retail assortment feels like striking gold. From corner convenience stores to e-commerce titans like Amazon, everyone's on the hunt for that winning combination of products that'll have customers coming back for more. Whether it's stocking up on a little bit of everything or catering to a specific niche, getting your assortment strategy spot-on can make all the difference between booming sales and empty aisles.
Retail Focus
MAY 14, 2024
In today’s more advanced and upscale retail environment, knowing the ins and outs of modern banking products can be a game-changer in your money-making field. It’s not really like you’re only into selling luxury items; you have high-value offerings about tailored experiences that can speak volumes to financially savvy elite customers.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
MAY 14, 2024
Today’s consumers, especially Gen Z ( 73% ) and millennials ( 62% ), prefer to buy from a brand that offers interactive experiences that go beyond the standard ecommerce grid. And there’s no denying that video, whether live or recorded, is proving a powerful medium to create those experiences in digital environments. In fact, a study commissioned by real-time engagement platform Agora found that 61% of respondents under the age of 55 are interested in livestream shopping experiences, with
Retail Wire
MAY 15, 2024
Recently, a scary video emerged online, capturing the terrifying moment for all involved as a Delta Air Lines plane burst into flames upon landing at Seattle-Tacoma International Airport.
Retail Dive
MAY 14, 2024
The retailer also said “the majority” of remote workers and those at offices in Dallas, Atlanta and Toronto, must relocate — mostly to its Arkansas headquarters.
Retail Focus
MAY 16, 2024
Many thriving online platforms owe their success to a good user experience (UX), and Bonus.org is no different. Although the competition is fierce, they’ve managed to stand out against the rest and provide their users with a satisfying experience on this page that keeps them coming back for more. Since the beginning, Bonus.org has recognized the crucial role that UX plays in shaping a user’s interactions and perceptions of a service.
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Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.
Inside Retail
MAY 14, 2024
Reddie Furniture has switched to 100 per cent reclaimed solid wood and recycled plastic materials in its latest collections. According to the company, the change is a significant turning point in Reddie Furniture’s sustainability journey. The brand’s latest line features recycled materials, including reclaimed solid teak wood and processed plastics made by the brand’s production team in Indonesia. “The decision to transition to 100 per cent reclaimed wood and use recycled pl
Retail TouchPoints
MAY 15, 2024
Real Simple magazine will launch its first-ever shoppable issue in partnership with Pinterest on May 17. Under the theme “Best & Brightest,” the issue spotlights 120 products alongside QR codes that link each section of the magazine to corresponding Pinterest boards where users can buy the products they see. Products range across categories from ceramic cookware to wireless bras, washable rugs and more.
Retail Wire
MAY 13, 2024
A significant cyberattack has struck the core of the U.S. healthcare system, sending shockwaves through Ascension, a nonprofit network encompassing 140 hospitals across 19 states.
Retail Dive
MAY 16, 2024
One has a downsizing plan that includes profitable stores. The other plans to keep — and possibly open — even low-volume stores. What’s going on?
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
Retail Gazette
MAY 13, 2024
Boots’ owner is ramping up its efforts to find a buyer for the British health and beauty retailer. According to Bloomberg , Walgreens Boots Alliance is working with consultants to begin talks with interested parties. The US giant is believed to be seeking £7bn for the high street retailer, which has 2,200 stores in Britain and employs around 55,000 people.
Inside Retail
MAY 13, 2024
It’s tough out there for many retailers – you don’t need me to tell you that. There’s enough written about inflationary pressures, consumer uncertainty, and increasing competition that if you’re not feeling the pinch, you should feel privileged. Retail trade figures are still steady if not slightly growing at the overall level. Yet it’s hard to separate these figures from inflation, the growth of ultra discounters like Temu and Shein, and the fact that a lot of sales now are coming at heavy disc
Retail Wire
MAY 11, 2024
A Walmart store in Columbus, Ohio, ceased operations due to underperformance and is now auctioning off its remaining retail equipment and merchandise. Located at 3579 S. High St., the store closed its doors in February, prompting a liquidation auction scheduled for Friday.
Retail Dive
MAY 14, 2024
The retailer continues to struggle, especially with general merchandise. But margins expanded and losses narrowed for the quarter and full year.
Advertiser: ZoomInfo
Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr
Retail Gazette
MAY 14, 2024
Tesco boss Ken Murphy saw his pay more than double over the last year, after the supermarket’s profits rocketed. The CEO was paid almost £9.93m during the period, after receiving £4.44m the year before, with the pay boosted by £4.91m from Murphy’s performance share plan (PSP). The PSP payment is based off the grocer’s performance since 2021 and is set to be paid in Tesco’s shares.
Inside Retail
MAY 14, 2024
Retailers have welcomed the federal budget’s provision to help address the cost-of-living crisis but raised concerns about support for small businesses. The Australian Retailers Association lauded the government for including an energy bill relief of $300 and the extension of superannuation on government-funded parental leave in the 2024-25 federal budget.
Retail TouchPoints
MAY 14, 2024
TikTok is taking cues from its competitors at Meta by implementing new standards for AI-generated content (AIGC). TikTok announced that will use Content Credentials from the Coalition for Content Provenance and Authenticity (C2PA) to automatically label AIGC when it’s uploaded from certain platforms — no additional details on which platforms were provided.
Retail Wire
MAY 10, 2024
Taco Bell's collaboration with Cheez-It is finally hitting restaurant locations this summer, marking the debut of one of its most highly anticipated test menu items. Originally introduced in 2022, the Cheez-It Crunchwrap, along with several other giant Cheez-It options, is set to make its long-awaited appearance at participating locations.
Advertiser: FourKites
Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.
Shopping Center
MAY 15, 2024
Riverside, Calif. — Gantry has secured a $17 million loan for the refinancing of Magnolia Towne Center, a retail center located in Riverside. Tenants at the property, which totals 133,000 square… The post Gantry Secures $17 Million Refinancing for Magnolia Towne Center in Southern California appeared first on Shopping Center Business.
Retail Gazette
MAY 15, 2024
Lidl has revamped its loyalty scheme, introducing new weekly rotating discounts for members on a selection of products. The new Lidl Plus Offers stand alongside the German discounter’s existing ‘coupons’ that give shoppers personalised discounts on a regularly changing selection of products tailored for them. The Grocer reports that unlike the coupons, the Lidl Plus Offers are not personalised but simply exclusive additional discounts available to all loyalty scheme members.
Inside Retail
MAY 14, 2024
Country Road ‘s Highpoint and Ballarat stores have secured a six-star Green Star Interiors rating from the Green Building Council of Australia, the first fashion retail shops to receive the rating. The company boasts that its existing store elements were carefully repurposed to reduce waste, and new fixtures incorporated recycled yoghurt containers, carpet crafted using recycled fishing nets, and recycled paper wall cladding.
Retail TouchPoints
MAY 16, 2024
Ebay is launching a new holiday — Recommerce Day — and is even working with legislators to make it an official state holiday in California. Slated for May 21, the holiday will be celebrated across the Ebay platform as the company unveils its latest Recommerce Report. At the same time, Ebay has introduced a new integration with digital IDs from Certilogo that will make it easier for sellers to list their items on the resale platform.
Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali
Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.
Retail Wire
MAY 12, 2024
AI, celebrated for its productivity-boosting capabilities, harbors a deceptive side as revealed by recent research. This unsettling finding underscores the need for heightened awareness and regulatory measures to address the risks posed by AI's ability to induce false beliefs.
365 Retail
MAY 13, 2024
IKEA UK has announced a revised opening date for its new Oxford Street store, now set for spring 2025. The delay comes as renovations intensify on the historic Grade II listed building spanning seven floors, which will house the new city store. The project is led by Ingka Investments, the investment arm of Ingka Group , the principal retailer of IKEA.
Retail Gazette
MAY 16, 2024
Currys is making improvements to a host of its sites across the UK and Ireland, as it continues to invest in stores. The electrical retailer will see 65 of its stores have 90% of their existing space revamped, designed to make them more navigable for shoppers with enhanced layouts, enabling them to display a wider range of its latest tech. Currys’ Aberdeen Garthdee, Bristol Winterstoke and Grantham stores are the first shops to undergo the changes, with the revamp set to continue throughou
Inside Retail
MAY 14, 2024
The world’s largest jewellery brand Pandora is placing sustainability at the cornerstone of its ‘Phoenix’ growth strategy and even tying bonuses for top management to environmental targets to incentivise progress. The shift dates back to 2020/21 when Pandora overhauled its business strategy to focus on crafting high-quality jewellery for the mass market and becoming the most desirable brand in the accessible luxury jewellery market, globally.
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Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.
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