Department: Consumer Durables Alo Yoga, Vuori gaining share in activewear market, report finds The DTC brands, which share shoppers with Lululemon and Nike, are growing as rivals like Under Armour contract, according to an Earnest Analytics report. RetailDive April 27, 2024April 27, 2024 < 1 min read Dept. ApparelShoppersData & Insights 0 Saving Bookmark this article Bookmarked
Channel: Mass Walmart+ Members will Get First Dibs on New Products During 24-Hour Event From 12 noon ET on Monday, April 29 through noon on April 30, the Walmart+ Early Access online sales event will offer program members a curated assortment of products new to Walmart — including Dolly Parton’s Rockin’ New Baking Collection, Doritos Flamin’ Hot Mystery Flavor, Pampers diapers and men’s and women’s shoes from Reebok. “Walmart+ […] Retail TouchPoints April 26, 2024April 26, 2024 2 min read WalmartMarketing: Loyalty & SubscriptionAmazonHoliday & EventsGovernmentDeliveryDept. FreshPredictions and ForecastsMarketing: Social MediaWhole FoodsDept. ApparelDept. BabyProcter & GambleMerchandisingOperations & Supply ChainPepsiCoPricing & Promotions 0 Saving Bookmark this article Bookmarked
Stores & Formats The Weekly Closeout: Layoffs at Lululemon and Mango opens more stores The athletics retailer had a round of layoffs as it shuttered a distribution center and Mango opened locations in Washington, D.C., and Boston. RetailDive April 26, 2024April 26, 2024 < 1 min read Dept. ApparelBrick and MortarOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Forever 21 unveils first bridal capsule collection The fast-fashion company is the most recent retailer to expand its product assortment into the wedding category. RetailDive April 25, 2024April 25, 2024 < 1 min read MerchandisingDept. Apparel 0 Saving Bookmark this article Bookmarked
Stores & Formats Making AI Really Work for Retail Like every industry, retail is experiencing an artificial intelligence boom — and like other industries that operate with such small profit margins, any competitive edge is not only welcome but necessary to survive. AI offers benefits in five key areas for retailers: personalization, visual search, virtual reality (VR) and augmented reality (AR), predictive analytics, and […] TotalRetail April 25, 2024April 25, 2024 4 min read Technology & InnovationAIShoppersCustomer ExperienceData & InsightsTech: AR and VRWalmartMarketing: VoiceMarketing: Direct & PersonalizationPartnershipsPredictions and ForecastsTargetCOVID19ConsumersBrick and MortarOperations & Supply ChainInternational - North AmericaMetaversePackagingDept. ApparelPricing & PromotionsMarketing: In Store 0 Saving Bookmark this article Bookmarked
Channel: Mass Target’s April 2024 Circle Sale was its largest by sales lift Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […] Earnest Research April 25, 2024April 25, 2024 < 1 min read TargetData & InsightsPredictions and ForecastsData VisualizationAmazonMarketing: Loyalty & SubscriptionDept. NonfoodConsumersDept. ApparelDeliveryMarketing: TradeOperations & Supply ChainPricing & Promotions 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables The turnaround of Abercrombie & Fitch is finally here S&P Global Ratings on Tuesday upgraded the apparel retailer, not just on its better-than-expected 2023 performance but also its strong momentum. RetailDive April 24, 2024April 24, 2024 < 1 min read Dept. ApparelMarketing: UGC 0 Saving Bookmark this article Bookmarked
Technology & Innovation Marketers Spend on New Technologies While Battling Usage and Impact Challenges The 32nd edition of The CMO Survey examines reoccurring questions related to marketing spending and performance, marketing leadership, and marketing jobs. In addition, managing marketing technology, generative AI, growth, and sustainability are special topics covered in this edition. Here are top takeaways, based on a sample of 292 marketing leaders at for-profit U.S. companies, 94% […] 0 Author Missing April 24, 2024April 24, 2024 4 min read Technology & InnovationAIThick DataExecutivesDept. NonfoodSustainabilityEconomyStrategyShoppersPredictions and ForecastsCustomer ExperienceAssociatesMarketing: Direct & PersonalizationData VisualizationDept. ApparelCOVID19Data & InsightsESG and CSRAmazonMarketing: Social MediaMarketing: TradeMarketing: UGCOperations & Supply ChainPartnershipsTargetMarketing: Brand 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables TikTok Shop customers spend more at lower ticket apparel retailers Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […] Earnest Research April 24, 2024April 24, 2024 < 1 min read Dept. ApparelBrick and MortarMarketing: Social MediaTikTokData & InsightsShoppersPredictions and ForecastsData Visualization 0 Saving Bookmark this article Bookmarked 5
Corporate Strategy UK-Based JD Sports to Acquire Rival Hibbett in $1.08B Deal JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, reports Reuters. JD Sports will pay $87.50 per Hibbett share in cash, representing a premium of about 20 percent to the U.S. firm’s last closing price. The combined company would have a global portfolio of about 25 brands […] TotalRetail April 24, 2024April 24, 2024 2 min read ExecutivesAcquisitionDept. ApparelInternational - UKPredictions and ForecastsPress ReleaseConsumersBrick and MortarMerchandisingOwned Brands (Private Label) 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Levi’s Boosts Awareness in a Big Way with Giant-Sized 501 Jeans There’s size XL, XXL and even XXXL, but there aren’t enough “X’s” for these Levi Strauss & Co. 501 Jeans that measure 12 feet tall — nearly 5X larger than the average pair. The oversized denim will be on display in five malls around the country through May 20, and members of Levi’s Red Tab […] Retail TouchPoints April 24, 2024April 24, 2024 2 min read Dept. ApparelMarketing: Social MediaTechnology & InnovationPredictions and ForecastsBrick and MortarMarketing: Loyalty & SubscriptionConsumers 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Allbirds unveils Tree Runner Go sneaker as it refocuses on core products The shoe features improvements to the original design and comes after the successful launch of the Wool Runner 2. RetailDive April 23, 2024April 23, 2024 < 1 min read Dept. Apparel 0 Saving Bookmark this article Bookmarked
Trends & External Forces US FTC files lawsuit to block Tapestry-Capri’s $8.5bn merger [[“value”:”The FTC has taken legal action to prevent Tapestry’s proposed $8.5bn acquisition of luxury fashion company Capri. The post US FTC files lawsuit to block Tapestry-Capri’s $8.5bn merger appeared first on Retail Insight Network. “]] Retail Insights Network April 23, 2024April 24, 2024 < 1 min read Legal & CriminalGovernmentMergersAcquisitionDept. Apparel 0 Saving Bookmark this article Bookmarked
Data & Insights Retail data brand Reapp adds Waitrose & Partners to list of major UK retailers available on its AI driven platform Reapp has added Waitrose & Partners to the list of major UK retailers available on its AI driven platform, Reapp Insights. This helps brands and retailers understand what products are selling, where and when. Through the use of artificial intelligence, it utilises factors such as temperature and trends to help inform decisions at shelf-edge. The […] Retail Technology Innovation Hub April 23, 2024April 23, 2024 2 min read Technology & InnovationAIData & InsightsInternational - UKPartnershipsBrick and MortarTescoDept. ApparelMarketing: In StoreMerchandisingPredictions and ForecastsResults & InvestmentStrategy 0 Saving Bookmark this article Bookmarked
International JD Sports Bids for Hibbett in $1.08 Billion Deal JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK’s largest sportswear retailer grow in the southeastern United States. RetailWire April 23, 2024April 23, 2024 < 1 min read International - UKDept. Apparel 0 Saving Bookmark this article Bookmarked
Trends & External Forces FTC Looks to Block Tapestry’s $8.5 Billion Acquisition of Capri Holdings Saying that Tapestry’s planned purchase of Capri Holdings would eliminate head-to-head competition in the “accessible luxury” handbag market, the Federal Trade Commission (FTC) has authorized a lawsuit to block the $8.5 billion deal. The acquisition plan, announced in August 2023, would bring together some of the most iconic names in luxury, uniting Tapestry’s Coach, Stuart […] Retail TouchPoints April 23, 2024April 23, 2024 2 min read AcquisitionGovernmentCompetitionConsumersMergersPredictions and ForecastsAssociatesDept. ApparelAlbertsons / SafewayRegional GroceryKrogerMarketing: Social MediaBrick and MortarLegal & CriminalPackagingDivestituresStrategy 0 Saving Bookmark this article Bookmarked
Technology & Innovation Including Wonder, mmERCH, and Pandion: ten retail technology funding rounds you need to know about RTIH rounds up ten retail systems ventures who have recently secured significant investments in their businesses, including blockchain enabled Web3 fashion startups, customer journey management platforms, and computer vision and AI powered warehouse inventory monitoring solutions. 1. TheyDo Customer journey management platform, TheyDo, has secured an additional $34 million in a Series A+ funding round. […] Retail Technology Innovation Hub April 23, 2024April 23, 2024 7 min read Technology & InnovationAIPartnershipsResults & InvestmentData & InsightsOperations & Supply ChainMarketing: Social MediaRestaurantsPredictions and ForecastsShoppersTwitterSustainabilityStart UpsDept. ApparelInternationalStore LocationDeliveryTech: RoboticsDept. GroceryAssociatesMarketing: In StoreDept. NonfoodExecutivesblockchainAmazonDept. FuelStrategyFood DeliveryCustomer ExperienceInclusivityCryptoGoogleMarketing: Retail MediaMeta (Facebook)UnileverEconomyAutonomous VehiclesConsumersPricing & PromotionsPress ReleaseWalmart 0 Saving Bookmark this article Bookmarked
Corporate Finance Fashion Retailer Express Files for US Bankruptcy Protection The retailer is expected to close almost 100 stores nationwide. RetailWire April 23, 2024April 23, 2024 < 1 min read Dept. ApparelBankruptcyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department: Food Meijer plans to open two supercenters in Ohio, one in Michigan GRAND RAPIDS, Mich. — Meijer will open two new 159,000-square-foot supercenters, in Alliance and North Canton, Ohio, on May 14, increasing the retailer’s store count to 55 in the state. Meijer previously announced plans to open a 159,000-square-foot supercenter in Hillsdale, Mich. That store is also scheduled to open on May 14. The Ohio supercenters […] MMR April 23, 2024April 23, 2024 3 min read Regional GroceryMeijerDept. HBCDept. FreshDept. NonfoodDept. Fresh PreparedDept. DeliBrick and MortarAssociatesOperations & Supply ChainDept. PerimeterDept. GroceryHealth & WellnessStore LocationPhilanthropyDept. PetDept. Toys & GamesDept. PharmacyDept. ApparelDept. BakeryDept. FuelMarketing: In StorePartnershipsPricing & Promotions 0 Saving Bookmark this article Bookmarked
Technology & Innovation JLL Rolls Out Virtual ‘Shopping Bestie’ in 13 Centers JLL Retail Property Management has introduced a new virtual shopper agent named Cindy, designed to make the online experience more relevant and engaging at 13 of its shopping centers across the U.S. In addition to spotlighting the center’s sales and deals, Cindy gives consumers details on the latest fashion trends, acting as their exclusive “shopping […] Retail TouchPoints April 22, 2024April 22, 2024 2 min read Technology & InnovationAIShoppersStrategyMarketing: Social MediaDept. ApparelESG and CSRConsumersDept. BeverageDept. FreshDept. NonfoodInclusivityPartnershipsPredictions and ForecastsExecutivesAgencies 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Second phase of Nike layoffs to hit Oregon headquarters this summer After the job cuts, effective June 28, about 740 employees will have been impacted in the retailer’s home state. RetailDive April 22, 2024April 22, 2024 < 1 min read Dept. ApparelAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Love.com’s CMO on Tapping Into the Conscious Shopping Trend In episode 449 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews John Agnew, chief marketing officer at Love.com, an online marketplace focused on sustainable, healthy products and charitable giving. Listen in as Agnew provides an overview of the company (0:55), discusses the conscious shopping trend (1:40), the consumer behaviors Love.com is trying to tap into […] TotalRetail April 22, 2024April 23, 2024 < 1 min read Trends: ShoppingExecutivesStrategyAcquisitionSustainabilityShoppersPodcastsPhilanthropyMarketing: Social MediaDept. ApparelConsumers 0 Saving Bookmark this article Bookmarked
Channel: Mass Wrangler, M&S, Anthropologie and More Mark Earth Day with New Sustainability Initiatives Brands have been touting their green credentials and launching new initiatives all month in the leadup to Earth Day, and those efforts have peaked now that that April 22 has arrived. Among the brands that saved their announcements for the day itself are Kering, Marks & Spencer, Wrangler, Asics and Anthropologie, all of which showcased […] Retail TouchPoints April 22, 2024April 22, 2024 6 min read SustainabilityConsumersDept. ApparelPartnershipsPackagingInternational - UKPhilanthropyShoppersHoliday & EventsPredictions and ForecastsMarketing: Social MediaHealth & WellnessTechnology & InnovationDept. BeverageInternationalExecutivesReturnsMarketing: In StoreOperations & Supply ChainBrick and MortarRecommerceDeliveryThick DataWalmartESG and CSRDept. NonfoodDept. Natural / OrganicData & InsightsAssociates 0 Saving Bookmark this article Bookmarked
Media & Marketing TikTok Shop customers skew young, but not just Gen Z Download full TikTok Shop report Access chart in Dash. TikTok Shop could be part of brands’ strategy to get younger shoppers spending on apparel and accessories, a spending segment in which they lag other cohorts. Gen Z adults between 18 to 24 are 3.2x as likely to spend at TikTok Shop than the average shopper, eclipsing […] Earnest Research April 21, 2024April 21, 2024 < 1 min read Marketing: Social MediaTikTokData & InsightsConsumersShoppersData VisualizationStrategyPredictions and ForecastsDept. ApparelHealth & Wellness 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Lululemon to shutter Washington distribution center, lay off 128 employees after tripling warehouse footprint Lululemon is shutting down its Washington distribution center and laying off 128 employees after it opened a massive new warehouse outside of Los Angeles. CNBC April 19, 2024April 19, 2024 < 1 min read Operations & Supply ChainDept. ApparelAssociates 0 Saving Bookmark this article Bookmarked
Department: Nonfood Athleisure is top dog in the teen closet: Here’s what the numbers say While the cohort’s spending is down, clothing remains a popular purchase. MarketingDive April 19, 2024April 19, 2024 < 1 min read Dept. PetDept. Apparel 0 Saving Bookmark this article Bookmarked
Trends & External Forces The Weekly Closeout: Peloton drops free membership as Asos revenue falls over 18% The struggling home exercise brand quietly removed the free option, while the fast-fashion retailer saw sales plunge in the first half of the year. RetailDive April 19, 2024April 19, 2024 < 1 min read Health & WellnessDept. Apparel 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Kizik opens first pop-up store in NYC as part of brick-and-mortar push The hands-free footwear brand is expanding its physical presence, with plans to land in 500 wholesale doors and open six stores by the end of the year. RetailDive April 19, 2024April 19, 2024 < 1 min read Pop UpsDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Streamlining Fulfilment Through Enhanced Supply Chain Efficiency Supply chains are at the beating heart of businesses in delivering products to the end customer. In retail organizations, efficient supply chains can have a transformative impact on operations. To improve efficiency, retailers need to have full visibility of their inventory, and this is where RFID can play a leading role. A Lack of Automation […] TotalRetail April 18, 2024April 24, 2024 3 min read Operations & Supply ChainShoppersOmnichannelDept. ApparelCustomer ExperiencePredictions and ForecastsStrategyData & InsightsCompetitionBOPISStore LocationDeliveryMarketing: In StoreConsultingMarketing: Loyalty & SubscriptionConsumersTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Department: Consumer Durables Adidas Raises Guidance After Q1 Profit Hike, Shares Jump 8% Shares of Adidas jumped 8.2 percent on Wednesday after the company unexpectedly raised its full-year guidance and reported a year-on-year profit increase in the first quarter, reports CNBC. The German sportswear company said that it now expects currency-neutral revenues to increase at a mid-to high-single-digit rate in full-year 2024, compared with a previous projection of […] TotalRetail April 18, 2024April 24, 2024 < 1 min read Dept. ApparelOperations & Supply ChainCOVID19Predictions and ForecastsExecutivesPartnershipsHoliday & Events 0 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Department: Consumer Durables Department: Nonfood Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Merchandising Operations & Supply Chain Target’s April 2024 Circle Sale was its largest by sales lift Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […] Written by Earnest Research April 25, 2024April 25, 2024 Saving Bookmark this article Bookmarked
Department: Consumer Durables Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Stores & Formats TikTok Shop customers spend more at lower ticket apparel retailers Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […] Written by Earnest Research April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Corporate Finance Corporate Purpose ESG Media & Marketing Data & Insights Technology & Innovation Trends & External Forces Associates & Employees Where Does One U.S. Tax Dollar Go? See this visualization first on the Voronoi app. Where Does One U.S. Tax Dollar Go? This was originally posted on our Voronoi app. Download the app for free on Apple or Android and discover incredible data-driven charts from a variety of trusted sources. Come tax season, a common refrain is: “what do my taxes even […] Written by Visual Capitalist April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Technology & Innovation Technology & Innovation AI boosts innovation in ingredient selection, formulation AI could minimize the traditional trial-and-error approach in product development. Written by Supermarket Perimeter April 24, 2024April 24, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Data & Insights Trends & External Forces Google Won’t Pull Cookies In 2024 Google announces it’s delaying its self-imposed deadline to deprecate third-party cookies on Chrome for the third time. The post Google Won’t Pull Cookies In 2024 appeared first on AdExchanger. Written by AdExchanger April 23, 2024April 24, 2024 Saving Bookmark this article Bookmarked