Tue.Oct 29, 2024

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New Data Shows Who Controls Household Spending and Budget | Salsify

Salsify

At first glance, who influences — and ultimately controls — household spending isn’t always readily apparent. And as the concepts of “family” and “household” evolve, so too do the dynamics behind their collective spending decisions.

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Marks & Spencer to Deploy Changing Room Self-Checkout in 100 Stores by 2028

Retail TouchPoints

Marks & Spencer plans to install self-checkout POS stations in the changing rooms in its 180 clothing stores, according to the Telegraph and other news outlets. The UK retailer already has deployed the changing room checkouts in 28 refurbished stores, including its Fosse Park flagship in Leicester, and plans to have the technology installed in more than 100 stores by 2028.

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GenAI is a land of confusion for revenue leaders

Forrester eCommerce

One of the benefits of an analyst role at Forrester is engaging with B2B leaders to understand their business challenges and priorities. This month, I was fortunate to spend time in person with a broad range of sales and operations leaders at Forrester’s B2B Summit EMEA and other events in London.

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Esprit U.S. Subsidiaries File for Bankruptcy

Retail TouchPoints

Esprit has filed for bankruptcy protection for its U.S. subsidiaries, Esprit US Distributions Ltd. (USDS) and Esprit US Retail Inc. (USRI), according to Fashion United. The move follows Esprit’s bankruptcy filings for its European businesses in May 2024 , for the second time in four years, citing “extremely high costs due to inflation, interest rates and energy prices, the after-effects of the coronavirus pandemic and the consequences of international conflicts.

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AI for Commerce: Foundations, Aspirations, and Hype

AI is rapidly transforming digital commerce, but how do you separate real opportunities from hype? Moderated by Orium, AI for Commerce: Foundations, Aspirations, and Hype , experts from Bloomreach , commercetools , Contentstack , and Fluent Commerce explores where AI is already delivering results and where its potential is still unfolding. This masterclass dives into proven AI applications, emerging innovations , and the gaps between promise and reality in commerce.

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Creating Trust and Managing Availability: Navigating Price Sensitivity and Stock in the Omnichannel Era

Wiser

For today’s consumers, price and availability aren’t just practical considerations, they are foundational elements of trust. As shoppers seamlessly transition between online and in-store experiences, they expect consistency in pricing and reliable information about product availability. However, our recent surveys highlight that many brands and retailers are still grappling with discrepancies and stock issues, which can erode consumer confidence and loyalty.

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Hilco, TPG Form Joint Venture to Acquire Struggling Brands, Beginning with Bebe and Brookstone

Retail TouchPoints

Financial services company Hilco Global and asset management firm TPG Angelo Gordon have formed a new joint venture (JV), with the goal of acquiring and financing consumer brands and IP in partnership with brand management firm Bluestar Alliance. Just last month, Bluestar acquired luxury streetwear brand Off-White from LVMH , and one of the JV’s first moves will be to co-invest an undisclosed amount in the Off-White brand.

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Unwrap New Holiday Shoppers in 2024: The Gift of In-app Advertising

Retail TouchPoints

With a shorter-than-usual holiday shopping season ahead, competition for share of wallet will be exceptionally fierce. In addition to the compressed retail rush, Salesforce reports that 43% of consumers are carrying more debt than last year, making the fight for attention even more intense. As holiday bargain hunters flock to crowded malls and equally crowded online platforms, retailers will battle for visibility in inboxes, on social media and across the web.

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Lindt & Sprüngli to Open First UK Flagship Store and Chocolate Experience in London

365 Retail

Lindt & Sprüngli , the globally renowned Swiss chocolate maker, has announced it will open its first-ever UK flagship store and immersive chocolate experience in Spring 2025. Located directly beneath the iconic Piccadilly Lights in central London, this new location aims to bring a unique chocolate-themed destination to the city, combining Lindt’s beloved products with an interactive, experiential twist.

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4 Rules for Maximizing Creator Investments from Top Influencer Your Rich BFF

Retail TouchPoints

Despite brief blips like the post-pandemic “deinfluencing” phase and intermittent conversations about “influencer fatigue, ” influencer, or as it’s now more commonly called, creator marketing is continuing to chart a steady path of growth. Valued at nearly $128 billion in 2023, Coherent Market Insights predicts that the creator economy will reach $528 billion by 2030.

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Dreams Opens New Premium Concept Store in East Sheen

365 Retail

Dreams has announced the opening of its new premium concept store in East Sheen, marking a key milestone in the company’s growth and expansion strategy. The East Sheen location is the first of its kind, introducing a boutique-style experience tailored for smaller high street sites while reflecting the brand’s focus on a more premium, personalised shopping journey.

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Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains

Speaker: Ethan Woolley, Director at Kharon

This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia

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Tracking Pages And Shipping Notifications To Get Inspired This Holiday Season

lateshipment

The holiday season is a time when the e-commerce and retail space is busier than usual with customers looking to get their list of items at the best rates possible. But there are hundreds of brands out there and the competition only gets fierce year-on-year. As an e-commerce merchant, if youre looking to get into a better position than your competitors, then the holiday season is the perfect opportunity to do that.

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Jollyes Strengthens Leadership Team as It Prepares for Continued Growth

365 Retail

Award-winning pet retailer Jollyes today announces that it has strengthened its executive team with a number of talented leaders from some of Britain’s leading retailers. This comes after Jollyes launched its first dedicated recruitment and careers website , as it prepares for significant new store growth. The site has already generated over 7,000 applications in its first few weeks.

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5 retail horror stories of 2024

RetailDive

From Youthforia’s problematic foundation shade range to Foxtrot’s abrupt shuttering, retailers have been the subject of some scary stories.

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UNIQLO to Open First Liverpool Store at Liverpool ONE

365 Retail

UNIQLO , the Japanese fashion retailer known for its minimalist designs and quality craftsmanship, is preparing to make its Liverpool debut with a 25,000-square-foot flagship store at Liverpool ONE. Set to open in early 2025 on Paradise Street, the store will join a roster of major retailers in Liverpool ONE’s prime shopping area, including BOSS, JD, and Goldsmiths.

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Future-Proofing Enterprise Commerce: Why Extensibility Wins with Shopify

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.

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Crocs lowers outlook as Heydude continues to drag down revenues

RetailDive

The company is working to build Heydude’s brand awareness and momentum through influencer partnerships after a 17% revenue drop in Q3.

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Rizla unveils customer-designed limited-edition papers

TalkingRetail

Rizla has launched three new limited-edition packs designed by its customers. The Super Thin Silver papers come in three designs, which form a complete image when placed together.

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Macy’s taps actress Alison Brie for holiday campaign

RetailDive

The spots, which depict Brie embodying the human version of the department store’s annual gift guide, will air across TV, digital and social channels.

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HelloFresh Celebrates ‘Friends’ 30th Anniversary With ‘Rachel Green’s Trifle’ Kit

RetailWire

HelloFresh is the latest company to celebrate 'Friends.

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🚀Future-Proof Your Salesforce B2C Commerce: Modernization Strategies Inside!

Outdated platforms are costing you sales. Legacy platforms like Salesforce SiteGenesis and SFRA can slow innovation, increase maintenance costs, and frustrate customers. This playbook provides a strategic roadmap to modernizing your Salesforce B2C Commerce platform using a composable approach to transition to faster, scalable, and flexible e-commerce solutions —without disrupting your business.

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Ross names new CEO

RetailDive

James Conroy, who was previously the chief executive of Boot Barn, will succeed Barbara Rentler, effective Feb. 2.

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Top WooCommerce Extensions to Grow a Store

Practical eCommerce

Our handpicked list of 20 tools will drive traffic, streamline operations, and grow revenue. The post Top WooCommerce Extensions to Grow a Store appeared first on Practical Ecommerce.

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Party City taps Instacart for same-day delivery

RetailDive

Customers can now get delivery in as fast as an hour from over 700 of the retailer’s stores across the country.

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Woman Sues JetBlue for Breaking Tooth on Frozen Treat

RetailWire

A woman filed a lawsuit against the airline, saying she was served a frozen solid ice cream sandwich during a transatlantic flight.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Adidas reaches settlement with Ye as Yeezy inventory dwindles

RetailDive

The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace styles.

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British Airways Becomes Latest Airline To Suspend Flights to Israel Until March 2025

RetailWire

British Airways is acting out of an abundance of caution.

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Target Thanksgiving meal feeds 4 for $20

RetailDive

The retailer joins a slew of grocers that have rolled out holiday meal discounts in an effort to assuage consumer concern about food prices.

Consumer 104
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First Watch Brings in a New ‘Double Decker Taco’ as Taco Bell Reportedly Ushers It Off Its Menu

RetailWire

First Watch, a breakfast, lunch, and brunch restaurant that is slowly opening locations nationwide, has joined the Double Decker taco craze first launched by Taco Bell by unveiling its own take on the popular treat.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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KP Snacks introduces Space Raiders Saucy BBQ

TalkingRetail

KP Snacks aims to capitalise on the growth of barbecue flavours and the popularity of PMP with its new Space Raiders Saucy BBQ varient.

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7-Eleven To Close 444 Stores, Open 500 New Stores, and More

RetailWire

Seven & i Holdings Co., Ltd. has released a presentation outlining its future plans.

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The Impact of Exceptional Customer Service on Retention in E-Commerce

Digital Doughnut

Attracting new customers is no longer enough to sustain long-term business success. Retaining existing customers has become the cornerstone of profitable growth, and at the heart of this strategy lies exceptional customer service. Providing excellent service can make the difference between a one-time shopper and a loyal repeat customer.

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PayPal Reports Strong Financial Results for Q3 2024

RetailWire

PayPal earnings per share beat analysts' expectations for the third quarter of 2024.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.