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 […]
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 […]
Entries to the Bricks ‘n’ Clicks category of the 2023 Good Retail Awards have showcased many impressive examples of innovation to benefit retailers, customers and the industry as a whole. We would like to take the time to say thank you to all who entered. The number of inspirational stories shared by so many in […]
Entries to the Community category of the 2023 Good Retail Awards have showcased many impressive examples of innovation to benefit retailers, customers and the industry as a whole. We would like to take the time to say thank you to all who entered. The number of inspirational stories shared by so many in the industry […]
Entries to the Digital Impact category of the 2023 Good Retail Awards have showcased many impressive examples of innovation to benefit retailers, customers and the industry as a whole. We would like to take the time to say thank you to all who entered. The number of inspirational stories shared by so many in the […]
The latest GDP figures showed that the UK economy grew by 0.1% in November, boosted by the World Cup and spending on food and drink. But bad economic news continues to stack up. The Bank of England is predicting a “very challenging” two-year recession. The Office for Budget Responsibility (OBR) has forecast a 1.4% fall […]
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 […]
Getir’s UK chief Kristof Van Beveren has departed the company’s UK division to lead its US operation. He will be replaced by Christopher Chaaya, who joined Getir earlier this month… The post Getir appoints new UK chief to replace US-bound boss appeared first on Latest Retail Technology News From Across The Globe – Charged.
Asos has announced that Danish shipping firm Maersk will take over as its strategic logistics partner for supply chain management (SCM). “We are very proud to support Asos’ global operations… The post Asos appoints Maersk as strategic global logistics provider appeared first on Latest Retail Technology News From Across The Globe – Charged.
GroceryAid’s Barcode Festival has announced that international DJ Fatboy Slim, will be headlining this year’s event on the main Skittles Stage. When it returns in the summer, Barcode Festival will be bringing 5,000 industry colleagues and 100 brands together on Thursday 6 July 2023 for great music, great brands and for a great cause. This […]
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 […]
Calculating how much inventory to keep on hand can sometimes feel like a Goldilocks story. Too much inventory and you’re left with wasted product. Not enough inventory and you’re left with unhappy shoppers and lost profit. Oftentimes, the amount of inventory on hand is a result of supply chain issues, of which there has been […]
WASHINGTON —The Council for Responsible Nutrition has promoted four employees – Maya English, Danny Garza, Elise Hall and Craig Muckle – and hired Angelo Schildhauer as membership associate. Steve Mister “I am pleased to announce the promotions of these four employees as recognition for their contributions to CRN,” said president and CEO Steve Mister. […]
London-based robotics and data intelligence company Dexory has launched a new platform called DexoryView. Supported by a new Dexory robot, said to be the tallest yet of its kind, this automates data collection and builds real-time digital twins that unlock insights across all levels of warehouse operations. This allows companies up-to-date access to their inventory – across […]
Modern Retail are delighted to announce the shortlists for the Good Retail Awards 2023! This year’s awards have encouraged retailers from all sectors of the industry to share the initiatives that they are most proud of, and we’ve received some fantastic entries as a result. Entries for the Good Retail Awards 2023 have showcased countless […]
Global beauty and consumer giant Unilever has appointed Hein Schumacher as its new CEO. Schumacher, who has been a non-executive of Unilever since October last year and began his career at the group in 1997, will take over from outgoing CEO Alan Jope on 1 July. Schumacher is currently CEO of the global dairy and […]
Frasers Group has launched buy now, pay later (BNPL) product through its new “Frasers Plus” scheme. Shoppers are able to divide their purchases into three, interest-free instalments paid over the… The post Frasers Group launches BNPL financial solution appeared first on Latest Retail Technology News From Across The Globe – Charged.
A London-based National Lottery retailer, who has chosen to remain anonymous, has scooped the £10,000 prize in Camelot’s Site, Stock, Sell online quarterly prize draw. “I was really surprised to get the call telling me I’d won,” said the top prize-winning retailer. “It was a fantastic way to start the New Year. The money means […]
JTI UK has refreshed its Sterling Essential Rolling product, now with rolling papers, an “enhanced” blend and a zip pouch. The tobacco and vaping brand said the new features offer an easy and accessible format for existing adult smokers in one resealable pouch. Sterling Essential Rolling is available at an RRP of £14.55 for 5x30g […]
The e-commerce industry is heading into a year of rapid change and potential uncertainty, as labor and capacity issues could intensify or ease, carrier and rail strike concerns could reemerge, and fuel prices and shipping surcharges might be a crapshoot. Plus, ever-evolving technologies, strategies and innovations make keeping up with customers’ expectations increasingly difficult. However, […]
The Wall Street Journal has a story saying that “America’s biggest restaurant companies made a bet during the pandemic that you would rather eat the food cooked on their premises someplace else. Now they are gambling you will want to do so for years to come. “The strategy from these giant chains is to orient […]
Checkout.com’s senior vice president Moshe Winegarten has been snapped up by international payment service provider Ecommpay. Winegarten will assume the position of chief revenue officer at Ecommpay, while the fintech… The post Ecommpay poaches Checkout.com SVP Moshe Winegarten appeared first on Latest Retail Technology News From Across The Globe – Charged.
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 […]
Get to know RETHINK Retail’s Top Retail Influencers through the “Meet the TRI” Q&A series! Dive in to learn about a member of the thought leader community and follow their work and insights across our content and their social channels. Hi, I’m Neil Saunders, Managing Director at GlobalData. Connect with me on LinkedIn! “Tell us […]
Chipotle Mexican Grill yesterday said it plans to add 15,000 workers ahead of its busiest part of the year running from March through May. “We will continue bringing in new crew to support Chipotle’s aggressive growth plans,” said Scott Boatwright, Chipotle’s chief restaurant officer. Chipotle currently operates more than 3,000 restaurants in North America.
Fintech firm Stripe will make a decision on its plans to go public within the next year, according to CNBC. Co-founders John and Patrick Collison told Stripe’s workers on Thursday… The post Stripe to confirm IPO plans this year appeared first on Latest Retail Technology News From Across The Globe – Charged.
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.
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 […]
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 […]