Channel: Apparel

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  1. Channel: Apparel
Nike is facing a number of lawsuits totalling over $70 million from construction firms which claim they have not been paid for completing the company’s campus extension. The expansion involved… The post Nike faces $70m lawsuit from construction firms over claims it hasn’t paid them appeared first on Latest Retail Technology News From Across The […]
  1. Trends & External Forces
Frank DeMaria was never the kind of leader who organized virtual happy hours, pumpkin carvings, gingerbread house making, or open office hours for employees. But he is now.  “I’m the same guy I always was, but I’ve become a lot more intentional in how I engage with my team,” said DeMaria, vice president of digital […]
  1. Media & Marketing
Traditional online marketing techniques such as paid digital advertising work, but advertising costs have left small businesses struggling to compete. An effective alternative to paid advertising is search engine optimization (SEO), which allows your small business to stay competitive and keep costs relatively low. All it takes are the seeds of a robust strategy, a […]
  1. Stores & Formats
Levi Strauss plans to open 100 stores next year after opening the same number in 2020. The brand is making investments to drive consumer-direct sales online and in stores while continuing to support in-store shops at the company’s retailer partners. “The consumer wants a seamless experience. He or she wants to be able to interact […]
  1. Technology & Innovation
In today’s hybrid work environment, service team members are rarely all located under one roof. This makes it critical to have the right customer service engagement tools in place to collaborate no matter where teammates are located. Managers must maintain a clear view of everyone’s availability and skillset to ensure that neither the agent nor […]
  1. Technology & Innovation
AI shopping assistant and shopping network Karma announced that it has raised $25 million in Series A funding led by Target Global followed by MoreTech Ventures, with participation from existing investors including NFX and Altair Capital. Karma allows users to plan their next online purchases, get notified about real-time price and inventory updates, access coupons […]
  1. Holiday & Events
Nordstrom is looking to bring on 28,600 seasonal and permanent workers at its department stores, Nordstrom Rack locations and fulfillment facilities. The retailer joins others who are looking to staff up for the holiday season at a time when workers are reluctant to just take on any job.
  1. Media & Marketing
Coach has announced that it has stopped the practices of destroying its in-store returns of damaged goods after a TikTok video went viral over the weekend. The video showed returned… The post Coach announces it has stopped destroying merchandise after viral TikTok video appeared first on Latest Retail Technology News From Across The Globe – […]
  1. Channel: D2C
No doubt the COVID-19 pandemic has changed the retail landscape, but how are companies coping with shifting consumer habits? As traditional retailers struggled to stay open, direct-to-consumer brands have used their online infrastructure to grow and connect with their audience. Those who have been successful during the pandemic learned early on that adopting new technologies, […]
  1. Channel: Specialty & Other
From Dick’s Public Lands outdoors banner to Bloomie’s to Ulta’s Target shop-in-shops, here are some of the most notable concept launches this year. As in past years, testing store concepts has been top of mind for retailers in 2021, as the industry moved past the mass closures and severely dampened traffic of 2020.  For some DTC brands, that […]
  1. Corporate Strategy
WASHINGTON — The National Retail Federation will recognize Target chairman and chief executive officer Brian Cornell with its The Visionary award, which will be presented during the seventh annual NRF Foundation Honors event in New York City. CVS Pharmacy president Neela Montgomery will also be honored as one of the People Shaping Retail’s Future 2022. […]
  1. RetailWit QuickWit
WitsNotes Volume 4 takes us to a new frontier of Marketing. Title: Re-invented Marketing: A Candid, Myth-busting Interview Author: Rishad Tobaccowala (The talk and his website)  Topic(s): Marketing Length: 1 hour RetailWit Summary: 5 minutes Summary Marketing is in a perilous spot—the cookie is crumbling, privacy will be a competitive advantage, CMO tenure is the […]
  1. Channel: Ecommerce & Digital
ORLANDO, Fla.–(BUSINESS WIRE)– #Logistics–Retailers and shippers nationwide are facing a parcel problem. UPS, FedEx and USPS have announced surcharge increases ahead of the peak holiday shipping season. Retailers large and small will be getting hit with surcharges ranging from 30 cents per package for ground and SurePost, and up to $31.45 per large package. Capacity […]
  1. International
Lululemon has announced it is launching its Centre for Social Impact, to aid over 10 million people globally by 2025. The fitness brand has committed to investing $75 million into… The post Lululemon launches wellbeing program appeared first on Latest Retail Technology News From Across The Globe – Charged.
  1. Technology & Innovation
Gap Inc. announced earlier this week that it’s acquiring the New York- and Tel Aviv-based startup Context-Based 4 Casting (CB4), which uses artificial intelligence (AI) and machine learning to identify patterns in retail data and identify ways to improve in-store sales. The terms of the deal were not disclosed. CB4’s software examines point-of-sale (POS) data to uncover consumer demand […]
  1. Channel: Apparel
Adidas has launched a new recycling service in partnership with ThreadUP allowing shoppers to donate used clothing from any brand. Adidas’ new ‘Choose to Give Back’ initiative launched this week,… The post Adidas launches new recycling scheme with ThredUP to “give old gear new life” appeared first on Latest Retail Technology News From Across The […]
  1. Corporate Strategy
Harmit Singh, chief financial officer at Levi Strauss & Co., says that digital transformation is a key component of his and other company’s profitability, even if initial costs may seem out of proportion to the return. “Everything that can be automated,” he says, “should be automated.”
  1. Corporate Purpose
Nike, H&M, Primark and Zara have all been accused of greenwashing after damning new research revealed that clothes made from recycled plastic bottles are just as damaging to the environment.… The post Nike, Primark, H&M accused of “greenwashing” as report reveals recycled polyester just as damaging to environment appeared first on Latest Retail Technology News […]

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  1. RetailWit QuickWit
Kroger launches private targeted marketing platform. Big news coming from 84.51 / KPM. The platform allows clients to use their demand-side platform (DSP) of choice. Data is money, and Kroger has blown open the doors for extending first-party data beyond their walled garden—while maintaining (shopper) privacy and control.  Amazon gives third-party sellers access to more […]
  1. Channel: Grocery
Solution enables brands to target relevant shoppers, optimize performance against actual retail sales The Kroger Co.’s retail media business, Kroger Precision Marketing (KPM) powered by 84.51°, has rolled out a new private programmatic advertising marketplace. The Kroger Private Marketplace enables agencies and brands to target consumers by applying Kroger audience data to programmatic campaigns on […]
  1. RetailWit QuickWit
Albertsons posts Q2 earnings beat. ID sales +1.5% (2 year stacked: 15.3%); digital sales +5% (2 year stacked: +248%). They announced a strong quarterly dividend of 20% and raised FY2021 outlook.  Gross profit margin decreased 28.6% (fuel, inflation, supply chain costs). Albertsons spoke to their transformation strategy and, specifically, called out modernizing their technical infrastructure […]