Department: Consumer Durables Net-A-Porter, Mr Porter and The Outnet launch care and repair service Net-A-Porter, Mr Porter and The Outnet are launching a care, repair and alteration service to help customers extend the life of luxury garments. In a partnership… View Article The Retail Bulletin February 2, 2023February 2, 2023 < 1 min read PartnershipsDept. Apparel 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Italian job for Emperia as it helps Pinko venture into the metaverse for the first time Italian fashion brand, Pinko, has announced the launch of its first virtual store, developed using the Emperia platform and celebrating the opening of its new Milan boutique. It says that this aims to “drive brand recognition and tap into new female communities, alongside empowering women around the world to feel independent and able to express […] Retail Technology Innovation Hub February 1, 2023February 1, 2023 3 min read MetaversePartnershipsMeta (Facebook)ConsumersTrends: TechTechnology & InnovationShoppersResults & InvestmentPredictions and ForecastsStore LocationData & InsightsDept. ApparelExecutivesStart UpsSustainabilityStrategyNFTInternational - UKAmazon 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Nike sues Lululemon over shoe manufacturing patents The Canadian apparel brand is known for its performance fabrics and released its first footwear designs less than a year ago. RetailDive February 1, 2023February 1, 2023 < 1 min read Dept. ApparelOperations & Supply ChainInternational - North America 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Here’s why Nike is suing Lululemon over shoe designs [[“value”:”Nike is claiming patent infringement related to Lululemon’s sale of the Chargefeel Mid, Chargefeel Low, Blissfeel and Strongfeel sneakers.”]] CNBC February 1, 2023February 1, 2023 < 1 min read Dept. Apparel 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Tesco to buy the Paperchase brand Tesco �confirms that it has bought the Paperchase brand and related IP. – – Jan Marchant, Managing Director of Home and Clothing at Tesco said: “Paperchase is a well-loved brand by so many, and we’re proud to bring it to Tesco stores across the UK. We have been building out plans to bring more brands […] Webwire February 1, 2023February 1, 2023 < 1 min read TescoInternational - UKDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables What Is Recommerce — And What Does It Mean for Brands? Salsify Whether you’re in the market for a vintage clothing item, a deal on a refurbished gadget, or just something that catches your eye with a lower carbon footprint, you’re probably already familiar with the many benefits of recommerce. Salsify February 1, 2023February 1, 2023 < 1 min read RecommerceMarketing: SocialDept. Apparel 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables How Retailers Are Using Customer Delivery Personas to Protect Profit Margins Despite record levels of inflation and rising interest rates, there’s good news for retailers: holiday spending was forecasted to be healthy. According to the National Retail Federation (NRF), holiday retail sales in the U.S. during November and December were expected to increase 6 percent to 8 percent from 2021 levels to between $942.6 billion and […] Chris Jones February 1, 2023February 1, 2023 3 min read DeliveryShoppersConsumersHoliday & EventsSustainabilityOperations & Supply ChainStrategyESG and CSREconomyExecutivesDept. ApparelData & InsightsDept. NonfoodMarketing: Loyalty & SubscriptionPredictions and ForecastsTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Walmart Rolls Out Snazzier Look To Appeal To High Income Shoppers From CNBC: “As Walmart’s low-priced groceries attract shoppers, the retailer is rolling out a fresh strategy aimed at wooing them into other aisles: stores with brighter lights, fashion-forward mannequins and colorful displays of makeup, pet supplies and more … Walmart’s snazzier look is part of a broader effort to sell more discretionary items – like […] MorningNewsBeat February 1, 2023February 1, 2023 2 min read WalmartShoppersBrick and MortarDept. ApparelFlagship StoresDept. FreshResults & InvestmentMerchandisingEconomyConsumersDept. NonfoodDept. GroceryStrategyDept. Pet 0 Saving Bookmark this article Bookmarked 4
Department: Consumer Durables Saks Fifth Avenue pursues menswear’s upside Saks Fifth Avenue’s flagship store in Manhattan held a party this week featuring James Harden of the Philadelphia 76ers as part of its renewed commitment to menswear. The luxury department store retailer opened its newly renovated section on the seventh floor. “While we remain focused on expanding our online offering and creating an unparalleled assortment […] RetailWire January 31, 2023January 31, 2023 < 1 min read Dept. ApparelMerchandisingMarketing: In StoreKraftHeinzFlagship StoresBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Tom Brady’s activewear brand launches at Dick’s Sporting Goods The brand will be available on the athletics retailer’s website and at its House of Sport locations. RetailDive January 31, 2023January 31, 2023 < 1 min read Dept. Sporting goodsDept. Nonfood 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Evolution of Smart Products One of the most popular cartoons I ever drew was about the Internet of Things, right after Google announced the acquisition of Nest in early 2014. “I think my Nest smoke alarm is going off,” one character tells another. “Google Adwords just pitched me a fire extinguisher and an offer for temporary housing.” iRobot later […] Tom Fishburne January 30, 2023January 31, 2023 2 min read Fun & HumorDept. NonfoodTechnology & InnovationTech: RoboticsDept. AppliancesTech: IoTShoppersData & InsightsTargetConsumersGoogleAcquisitionMarketing: SocialMeta (Facebook) 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables ASOS embarks on unsold stock partnership with Secret Sales ASOS has embarked on a new partnership where its unsold stock will be sold on Secret Sales’ website. Secret Sales customers will be able to shop… View Article The Retail Bulletin January 30, 2023January 30, 2023 < 1 min read PartnershipsDept. Apparel 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables DG, Ibotta to debut rewards program GOODLETTSVILLE, Tenn. — Dollar General is partnering with Ibotta to launch a cash-back rewards program. “We are excited to provide an additional innovative option for our customers to help stretch their budgets,” says Emily Taylor, Dollar General’s executive vice president and chief merchandising officer. “Ibotta’s cash-back rewards program further complements our continuous efforts to provide […] MMR January 30, 2023January 30, 2023 < 1 min read Dollar GeneralConsumersPartnershipsExecutivesResults & InvestmentMerchandisingMarketing: TradeDept. Apparel 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables McMullen: Doing good plays big part in Kroger doing well NEW YORK — Rodney McMullen, chairman and chief executive officer of Kroger Co., shared insights into the supermarket retailer’s purpose of “feeding the human spirit” in a marquee session at the NRF Big Show earlier this month. “At Kroger, we succeed by giving a great experience to the customer, investing in associates and making an […] MMR January 30, 2023January 30, 2023 3 min read KrogerShoppersAssociatesDept. GrocerySustainabilityCOVID19ExecutivesEconomyDept. Natural / OrganicPricing & PromotionsTechnology & InnovationOwned Brands (Private Label)Marketing: TradeHealth & WellnessDept. FreshConsumersDept. NonfoodResults & InvestmentOmnichannelOperations & Supply ChainData & InsightsDeliveryDept. Toys & GamesPackagingDept. Perimeter 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Levi Strauss sees online sales fall as shoppers return to high street Clothing retailer Levi Strauss watched its online sales fall across all of its markets in Q4 as shoppers returned to the high street. Digital net revenues were down by 7%… The post Levi Strauss sees online sales fall as shoppers return to high street appeared first on Latest Retail Technology News From Across The Globe […] ChargedRetail January 29, 2023January 29, 2023 < 1 min read ShoppersInternational - UKTechnology & InnovationDept. Apparel 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Saks Fifth Avenue Redesigns NYC Flagship’s Men’s Department, Expands Offerings Retail TouchPoints January 29, 2023January 29, 2023 3 min read Data & InsightsDept. ApparelAssociatesFlagship StoresShoppersMerchandisingPricing & PromotionsESG and CSRMarketing: In StoreMarketing: SocialPartnershipsDept. Natural / Organicsocial commerceDeliveryStrategyBrick and MortarWeather 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Levi’s CEO says skinny jeans are still in Many in the fashion industry have called skinny jeans DOA, but Levis Strauss & Co CEO Chip Bergh disagree. The brand’s 311 and 721 skinny jeans were its best sellers in the most recent quarter, for which the company posted sales and profits ahead of Wall Street’s expectations. RetailWire January 29, 2023January 29, 2023 < 1 min read Dept. ApparelExecutivesEconomyDept. GroceryCrypto 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Hasbro slashes global workforce amid challenging consumer environment The move is part of a reorganization that includes the COO’s departure and a shift away from consumer products. RetailDive January 29, 2023January 29, 2023 < 1 min read ConsumersSustainabilityDept. Toys & GamesAssociatesExecutives 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables The Weekly Closeout: Foot Locker faces privacy suit and Levi’s misquotes Mark Twain A lawsuit alleges the athletics retailer violated California’s privacy act. Meanwhile, Levi’s CEO Chip Bergh cited the author on why skinny jeans are not dead. RetailDive January 29, 2023January 29, 2023 < 1 min read Legal & CriminalExecutivesDept. GroceryDept. Apparel 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables 4 fashion ecommerce brands embracing physical retail Despite proclamations that bricks-and-mortar retail is dead, several major ecommerce companies have recently been exploring the physical shopping environment. For digitally native brands, pop-up stores can offer a small, yet… The post 4 fashion ecommerce brands embracing physical retail appeared first on Latest Retail Technology News From Across The Globe – Charged. ChargedRetail January 28, 2023January 28, 2023 < 1 min read Dept. ApparelInternational - UKTechnology & InnovationSustainabilityPop UpsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables LVMH reports record revenues Luxury goods giant LVMH has reported record revenue and profits for the second year in a row. Revenue for 2022 reached €79bn (£69.4bn), while profit from… View Article The Retail Bulletin January 28, 2023January 28, 2023 < 1 min read Dept. Apparel 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Amazon UK stores and strikes: RTIH presents the retail technology week in numbers Do you like numbers? Do you like retail systems news? Then this is the article for you. Including Emperia, Amazon UK, Mercaux, Gemba, Adobe, and Twinco Capital. $18 million…Gemba, a virtual reality training startup used by the likes of Nike, Coca-Cola, and Amazon, has bagged $18 million in a Series A round of funding from […] Retail Technology Innovation Hub January 28, 2023January 28, 2023 5 min read Technology & InnovationMarketing: SocialInternational - UKResults & InvestmentTwitterAmazonAssociatesConsumersDept. NonfoodStart UpsSustainabilityDept. ApparelPartnershipsDept. FreshBrick and MortarData & InsightsStore LocationESG and CSRShoppersCOVID19ReturnsTech: CashierlessTescoblockchainCompetitionInternational - North AmericaExecutivesOperations & Supply ChainPredictions and ForecastsPress ReleaseQ CommerceTech: AR and VRCoca ColaCryptoTrends: FinanceTrends: RetailTrends: TechMetaverseWalmartDept. HBCNFT 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables NRF 2023: Top Retail Influencers’ Key Takeaways (Part Two) The RETHINK Retail team ventured to NYC from January 14-17th for NRF 2023: Retail’s Big Show. While there, we had the opportunity to speak with attendees from our Top Retail Influencer community and learn about their event experience. #TRI members–Ian Scott, Martin Newman, Melissa Gonzalez, Melissa Minkow, Nikki Baird, Ron Thurston, Stewart Samual, and Thomas […] Rethink Retail January 28, 2023January 28, 2023 5 min read Technology & InnovationConsultingMarketing: SocialConsumersData & InsightsMarketing: Direct & PersonalizationSustainabilityOperations & Supply ChainPartnershipsDept. PetMarketing: In StoreIndustry Conferences and EventsShoppersStrategyLowesInternationalOmnichannelInternational - North AmericaTrends: TechTargetStore LocationCOVID19Results & InvestmentBrick and MortarVendorsEconomyDept. Toys & GamesBig Data 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Best Buy Canada reportedly laying off 700 The company’s services could balance softening demand for consumer electronics, according to analysts. RetailDive January 28, 2023January 28, 2023 < 1 min read International - North AmericaBest BuyDept. NonfoodConsumersDept. Consumer Electronics 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Prada unveils ninth exclusive timecapsule NFT Luxury fashion retailer Prada has announced the latest launch of its ‘Timecapsule’ NFT collection. The Timecapsule drop is an online monthly event that takes place on the first Thursday of… The post Prada unveils ninth exclusive timecapsule NFT appeared first on Latest Retail Technology News From Across The Globe – Charged. ChargedRetail January 27, 2023January 27, 2023 < 1 min read NFTCryptoInternational - UKTechnology & InnovationDept. Apparel 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Pacsun Names 17-Year Company Veteran Co-CEO Pacsun has appointed President Brie Olson to the role of Co-CEO alongside Co-CEO Mike Relich, effective March 9, 2023. Current Pacsun Co-CEO Alfred Chang will step down after 17 years with the company to join Fear of God as CEO. Chang will stay with Pacsun in his current capacity until March 8 to facilitate the […] Retail TouchPoints January 27, 2023January 27, 2023 2 min read ExecutivesTechnology & InnovationMetaversePartnershipsTrends: TechPredictions and ForecastsMerchandisingMarketing: SocialDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables H&M reports sharp drop in fourth quarter profit H&M has seen a sharp drop in fourth quarter profit following the impact of a range of external factors and increased costs not fully passed on… View Article The Retail Bulletin January 27, 2023January 27, 2023 < 1 min read Dept. Apparel 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Hasbro warns of weak holiday quarter results, cuts 15% of its workforce [[ Getty Images Hasbro said Thursday it would eliminate around 1,000 employee positions and warned of weak holiday-quarter results. Shares of the toy maker fell more than 6% in extended trading. “Despite strong growth in Wizards of the Coast and Digital Gaming, Hasbro Pulse, and our licensing business, our Consumer Products business underperformed in the […] CNBC January 27, 2023January 27, 2023 2 min read Dept. Toys & GamesHoliday & EventsConsumersAssociatesResults & InvestmentSustainabilityStrategyPredictions and ForecastsOperations & Supply ChainExecutivesEconomyData & InsightsCOVID19 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables NRF 2023: Top Retail Influencers’ Key Takeaways The RETHINK Retail team ventured to NYC from January 14-17th for NRF 2023: Retail’s Big Show. While there, we had the opportunity to speak with attendees from our Top Retail Influencer community and learn about their event experience. #TRI members- April Sabral, Andrew Smith, Carl Boutet, Alberto Serrentino, Charles Haseman, Christine Russo, Guy Courtin, and […] Rethink Retail January 27, 2023January 27, 2023 5 min read Technology & InnovationMarketing: SocialData & InsightsOperations & Supply ChainShoppersPredictions and ForecastsExecutivesData VisualizationOmnichannelBrick and MortarCustomer ExperienceReturnsAssociatesTrends: RetailSustainabilityResults & InvestmentIndustry Conferences and EventsMerchandisingInsight ProvidersConsultingDept. ApparelVendorsMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables How Lego transformed after the pandemic Company leadership said the most important lesson learned during the pandemic was to remain agile. RetailDive January 27, 2023January 27, 2023 < 1 min read COVID19Dept. Toys & Games 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Mondelēz International Reports Q4 and FY 2022 Results Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […] Written by Mondelez February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Department: Consumer Durables Robots could surpass workers at Amazon by 2030, Cathie Wood says KEY POINTS “We are just at the dawn of the robotics age. And I would say artificial intelligence and battery technology are all a part of that movement as well,” Cathie Wood said. Amazon had more than 1.6 million workers at the end of 2021, according to its most recent annual report. Wood’s Ark Innovation […] Written by CNBC February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Department: Consumer Durables Aldi expands Too Good To Go partnership nationwide following successful trial Aldi is rolling out its partnership with the world’s largest surplus food platform, Too Good To Go, across all of its 990 UK stores. Following a successful trial last year, Aldi is now offering surplus food bags available nationwide, in a bid to tackle food waste while also offering even lower prices to customers. The […] Written by Talking Retail February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Department: Consumer Durables dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. GroceryTHE GROCERS BEST ‘BUILT TO LAST’ H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […] Written by dunnhumby February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Department: Consumer Durables Charted: U.S. Egg Prices More Than Double in 2022 Charted: U.S. Egg Prices Double in 2022 Eggs are a staple food for many countries around the world, and the U.S. is no exception. Americans eat between 250‒280 eggs a year on average. Eggs are also easy to cook, protein-dense and supply many daily vitamins needed for healthy living, making them a popular meal or […] Written by Visual Capitalist February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked