Dept. Apparel

  1. Corporate Strategy

Foot Locker Launches Long-Term Strategy to Grow Business

Foot Locker CEO Mary Dillon on Monday outlined a new long-term strategy to grow the business as the retailer reported a sales decline of 0.3 percent in the fourth quarter. The strategy, dubbed “Lace Up,”  includes plans to expand sneaker culture by creating more sneaker occasions and providing more choice; relaunching the Foot Locker brand and opening new […]
< 1 min read
0
  1. Corporate Purpose

C-Store Chain Tweets Opposition To Anti-Trans Legislation

Them, a news site that defines itself as serving and reporting on the  LGBTQ+ community, has story saying that “in the face of increasingly draconian anti-trans legislation, some unlikely (or extremely likely, depending on how you see it) allies have emerged.” One of them is the convenience store chain Kum & Go, which “tweeted its […]
2 min read
0
  1. Retail Ecosystem

How LePrix is Using Tech to Advance Luxury Wholesale

Retail TouchPoints has been studying and reporting on the evolution of resale for years. Over this time, we’ve seen consumer behaviors shift and demand accelerate, which means retailers have had to rethink the way they research and source “pre-loved” goods. How do they find the right wholesale partners? What are the risks they face while […]
< 1 min read
0
  1. International

Inside H&M’s Strategy to Become a More Sustainable Organization

As Total Retail reported last week, H&M launched a resale program in collaboration with thredUP. “H&M Pre-Loved” offers shoppers an easy way to find secondhand pieces for their wardrobes. The new shop also continues the retailer’s sustainability mission of establishing circular business models for itself and customers. To learn more about its new resale program, Total Retail connected with Abigail […]
3 min read
0
  1. Technology & Innovation

Meet the TRI Q&A: Andrew Neelon

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 Andrew Neelon, Founder & CEO, 1REC. Connect with me on LinkedIn! “Tell us […]
8 min read
0
  1. Technology & Innovation

aisle 3 exits the CSS business and uses proceeds to support growth in sneaker category

AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […]
< 1 min read
0
4
  1. CPG: Food

TheMall.io Launches Starburst Juicyverse at SXSW 2023!

TheMall.io, the world’s largest virtual shopping mall, has teamed up with Mars to launch the Starburst Juicyverse, a vibrant and colorful metaverse filled with fruit-inspired characters and designs, in collaboration with MetaVRse and BambuMeta® Web3 Loyalty. The new addition to TheMall.io’s virtual shopping experience was unveiled at SXSW 2023, and features a range of exclusive […]
2 min read
0
  1. Technology & Innovation

Zara’s owner to introduce new anti-theft technology

Clothing retail giant Zara’s owner Inditex will introduce a new security technology and will phase out hard anti-theft tags in stores this year. The tags will be replaced with chips… The post Zara’s owner to introduce new anti-theft technology appeared first on Latest Retail Technology News From Across The Globe – Charged.
< 1 min read
0
  1. Department: Nonfood

Square Launches Accelerator Program for Black and Hispanic Retail Entrepreneurs

Forward, a new accelerator program designed to help Black and Hispanic retailers overcome systemic hurdles, will fund an inaugural cohort of 25 early-stage companies with $20,000 each plus exclusive access to training developed in partnership with 1863 Ventures. The Forward program is sponsored by Square along with Social Change Fund United (SCFU), which was co-founded […]
2 min read
0
  1. Shopper & Customer

How Forever 21 Accelerated its E-Commerce Growth

We’ve all done it: We get to that point of finishing our purchase and we’re presented with the choice of checking out as a guest or creating an account with the retailer. Some part of us knows that we should just create the account — but then we hesitate. The form, the fields, the time, […]
3 min read
0
  1. Shopper & Customer

Why Retailers Must Embrace the ‘Phygital’ Experience

The whirlwind of the pandemic and the fluctuating economy over the last few years has left retailers quickly adapting to the new demands of today’s consumers. Now that the dust has settled a bit, retailers continue to look for new ways to provide the best experience for shoppers — both in-store and online. Furthermore, they’re […]
3 min read
0
  1. Technology & Innovation

The Price of Eggs Isn’t the Only Thing Grocers Are Managing These Days

According to FoodIndustry.com, the U.S. food market is worth $1.5 trillion annually, or roughly 4 percent of the domestic gross product. $800 billion of that revenue is from supermarkets and food stores. Compare this to the U.S. apparel market, which is estimated to be worth $318 billion (Statistica). And while the retail industry often focuses […]
5 min read
0
  1. Media & Marketing

Dollar General sales strong, but miss estimates

GOODLETTSVILLE, Tenn. — Dollar General Corp. reported strong sales for the fourth quarter and fiscal year (53 weeks) ended February 3, although store traffic was down and sales came in below expectations. Fourth quarter net sales increased 17.9%, and fiscal year net sales increased 10.6%. Same-store sales in the fourth quarter increased 5.7%, falling short […]
3 min read
0
  1. Technology & Innovation

From Product Descriptions to SEO: How Retailers are Putting Generative AI to Use

[Editor’s note: This is the third article in our series on AI in retail. Be sure to check out our other stories on consumer attitudes toward AI and store design applications.]  Since OpenAI debuted ChatGPT a little over three months ago, “generative AI” has become a hot topic and no industry has been left untouched […]
8 min read
0
  1. Technology & Innovation

Sook, HyperFinity, Vestico named as Retail Technology Show 2023 Start-Up Safari Stars

In collaboration with Baringa, Retail Technology Show 2023 has announced its 2023 Start-Up Safari Stars, a selection of firms whose “groundbreaking and disruptive solutions are set to transform the retail industry”. Retail Technology Show 2023 will take place on 26th and 27th April at London’s Olympia. Visitors to the show will be able to check […]
2 min read
0
  1. Department: Consumer Durables

Primark Doubles Down on Sustainability with Durability Standards, Studies and Repair Workshops

Primark is launching new durability and repair initiatives as part of the retailer’s commitment to giving clothes a longer life, part of its Primark Cares sustainability strategy. The initiatives include working with Wrap through its Textile 2030 agreement to establish an industrywide durability standard; commissioning independent research examining the relationship between price and consumer behavior […]
2 min read
0
  1. Shopper & Customer

Why We’re Going Composable

All-in-one ecommerce platforms promise speed and ease of use. And for small or local brands, they often deliver. But as we’ve grown our global cycling sportswear brand, we knew we needed a faster, more customizable e-commerce experience that we could tailor to each local market. Our solution: adopting a composable commerce architecture. Composable websites use […]
3 min read
0

Trending Topics

Editor’s Choice

  1. Channel: Mass
  2. International
  3. Shopper & Customer
  4. Technology & Innovation

Tesco infuriates shoppers as it slashes Clubcard points value

Supermarket giant Tesco came under fire following the announcement that it will be reducing the value of Clubcard reward vouchers from June 2023. The reduction will come into force after… The post Tesco infuriates shoppers as it slashes Clubcard points value appeared first on Latest Retail Technology News From Across The Globe – Charged.
Written by
  1. Technology & Innovation
  2. Corporate Strategy
  3. Corporate Finance
  4. Partnerships & Alt Profit
  5. Media & Marketing
  6. Agencies & Vendors
  7. Data & Insights
  8. International
  9. Shopper & Customer
  10. Technology & Innovation

aisle 3 exits the CSS business and uses proceeds to support growth in sneaker category

AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […]
Written by
  1. Partnerships & Alt Profit
  2. Partnerships & Alt Profit
  3. Shopper & Customer
  4. Technology & Innovation

Kroger lands deal for self-driving truck deliveries

Get ready because the empty truck cabs in motion are coming. Gatik, which is involved in autonomous middle-mile logistics, has announced a multi-year commercial collaboration to transport customer orders within Kroger’s Dallas distribution network. The operations will launch in a few weeks. Under the collaboration, Gatik’s medium-duty autonomous box trucks will transport fresh, customer-favorite products from […]
Written by
  1. CPG: Food
  2. Channel: Grocery
  3. Department & Category
  4. Department: Beverage
  5. Department: Food
  6. Corporate Strategy
  7. Shopper & Customer
  8. Technology & Innovation
  9. Trends & External Forces
  10. Merchandising
  11. Owned Brands (Private Label)

Albertsons Redesigns and Expands Open Nature Own Label Line

Albertsons yesterday unveiled what it said was “the redesign of its Open Nature brand as the company strives to become the brand of choice for those health-conscious shoppers seeking a more balanced lifestyle. Open Nature, which is part of Albertsons Cos. Own Brands portfolio, provides shoppers with tasty foods made with thoughtfully chosen ingredients that […]
Written by

Trending