Fri.Jun 28, 2024

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Successful Entrepreneurs Don’t Overthink

Practical eCommerce

Corey Wilks, a clinical psychologist, helps founders and creators improve their mindset to overcome obstacles. The post Successful Entrepreneurs Don’t Overthink appeared first on Practical Ecommerce.

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Following Bankruptcy, Joann Looks to Broaden its Appeal with ‘Jo-And’ Campaign

Retail TouchPoints

Known primarily as a sewing and fabric destination, Joann is looking to broaden its appeal by highlighting its broad assortment of crafting supplies that reach well beyond the sewing category. The retailer emerged from bankruptcy in April 2024 and is now privately owned. “ Joann is embracing the future and poising itself for a long future of inspiration ,” reads a statement from the company.

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Transact Faster with 70% of Mobile Users with: Google Pay Support from FastSpring

FastSpring

We’re thrilled to announce that FastSpring now supports Google Pay, providing you with a seamless, secure, and convenient payment solution on your website or web shop for in-app purchases or for users within the 70% of global mobile users in the Android ecosystem. With Google Pay, you can offer your customers a faster checkout experience and ensure that their payment information is protected all while opening up new revenue channels to maximize your revenue potential.

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Saks Fifth Avenue Expands Club Concept to More Luxury Resorts and Hotels

Retail TouchPoints

Saks Fifth Avenue is doubling down on its luxury personal shopping and styling service, The Fifth Avenue Club. One year after its launch as a standalone concept, the Club has seen high client engagement and is planning to open additional standalone locations this year to bring its total to 20. The Fifth Avenue Club began in Saks Fifth Avenue stores, such as its Beverly Hills flagship , offering loyal customers high-touch service and personalized experiences.

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The Trends You Need to Succeed This Holiday Season

October Prime Day is usually an early sign of how consumer spending trends ahead of the holidays. This one was no exception. Our October Prime Day Report breaks down what’s working: the products flying off the shelves, the categories winning big, big brands, and the search terms defining demand. All brought to you via Similarweb’s Shopper Intelligence platform.

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Tractor Supply slashes all DEI roles, carbon-emission goals and Pride support

RetailDive

The retailer said it would focus on "being a good neighbor," but the Human Rights Campaign said the decisions mean the company is "turning its back on their own neighbors.

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Founder of New ‘Co-Retailing’ Space in NYC’s SoHo Shares His Vision for Community-Driven Retail

Retail TouchPoints

Image courtesy The Den Image courtesy The Den Photo: Retail Touchpoints Photo: Retail Touchpoints Image courtesy The Den Image courtesy The Den Image courtesy The Den Photo: Retail Touchpoints Photo: Retail Touchpoints Image courtesy The Den The basement “den” space (Photo: Retail Touchpoints) Attendees at a party hosted by APM Models could partake of a series of beauty treatments.

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More Trending

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Walgreens Outlines Turnaround Plans, Including ‘Significant’ Store Closures

Retail TouchPoints

Walgreens Boots Alliance (WBA) has cut its profit forecast for fiscal 2024 and plans to close “a significant number of underperforming stores,” CEO Tim Wentworth told analysts on a call for the company’s fiscal 2024 Q3 earnings period, which ended May 31, 2024. While Wentworth didn’t specify the number of Walgreens ’ 8,600+ U.S. stores that will be affected, he did say on the call that “currently, 75% of our U.S. stores contribute roughly 100% of segment AOI [adjusted operating income].

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The Weekly Closeout: Chewy plans $500M share buyback, Conn’s receives Nasdaq delinquency notice

RetailDive

The online pet retailer agreed to repurchase shares from its largest shareholder, while the home retailer received the notification after not filing its latest quarterly report.

Retail 114
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Texas Roadhouse Debuts Frozen Bread Rolls at Walmart

RetailWire

Texas Roadhouse has introduced a frozen version of their bread rolls, now available for home baking. The restaurant chain launched these signature rolls exclusively at Walmart, where they are currently being sold in select stores across Indiana, Kentucky, and Ohio. Walmart confirmed the news on Tuesday, adding that the product will be available in all stores nationwide in the coming weeks.

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More spent on food as UK economy figures revised upwards by ONS

TalkingRetail

The UK economy grew slightly more than initially estimated in the first three months of 2024, according to revised official figures. From January and March, the economy grew by 0.7%, the Office for National Statistics (ONS) said, higher than the 0.6% figure given last month.

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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Nike Shares Plunge After Gloomy Sales Forecast

RetailWire

Nike shares took a notable hit on Friday, following a disheartening near-term sales forecast from the sportswear giant, indicating a potential loss of approximately $21 billion in market value. This downturn comes as the company grapples with numerous challenges, including increased competition from new market entrants and a resurgent Adidas in international markets.

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Nike expects more revenue declines ahead after ‘sluggish’ Q4

RetailDive

CEO John Donahoe said the company is “embracing a more balanced approach” to DTC and wholesale after a rough set of numbers.

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A New Startup Could Boost Amazon’s Presence in TV Advertising

RetailWire

A new advertising firm called Gigi aims to capitalize on Amazon's expanding streaming services for its business growth.

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Puma taps Tommy Hilfiger, Calvin Klein veteran for VP of DTC

RetailDive

Erik Janshen will lead the brand’s global direct-to-consumer sales, including stores, e-commerce and “several online marketplaces.

eCommerce 105
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Decapitated pineapples will help environment, says Aldi

TalkingRetail

One of the latest measures to cut food waste in stores involves cutting off the top parts of pineapples.

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Away expands into softside luggage

RetailDive

After making a name for itself selling hardshell suitcases, the DTC luggage brand is expanding to capture what it claims is 50% of the luggage market.

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ELEMIS Opens First UK Store in Covent Garden’s Seven Dials

365 Retail

ELEMIS has opened its first UK store at 23 Monmouth Street in Covent Garden’s Seven Dials neighbourhood. ELEMIS joins Covent Garden’s significant line-up of cosmetics and beauty brands. This entrance reaffirms the neighbourhood’s position as the UK’s leading destination for beauty and wellness, showcasing Shaftesbury Capital’s active collaboration with sector-leading brands.

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TikTok Shop to discount ‘thousands’ of items during sales event

RetailDive

The social media platform is following Amazon’s lead with its own Deals for You Days this July.

Events 109
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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

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EE Unveils Second Experience Store in Manchester

365 Retail

EE has unveiled its second Experience store in Manchester, located at 33 Market Street. This new addition comes in response to popular demand from the city’s tech-savvy residents. Following the successful launch of the first Experience store in Manchester’s Trafford Centre, which saw a 25% boost in footfall compared to previous stores in the area, Manchester is now the first city to host two of these innovative store formats as part of EE’s £6 million investment in brick-and-mortar retail

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Perfect Corp. and Face Haus partner to bring AI enhanced skincare

RetailDive

The technology helps estheticians identify key skin concerns to help customers better understand their needs.

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Apple Milton Keynes to Reopen in New Location at Midsummer Place

365 Retail

Apple Milton Keynes is set to reopen its doors tomorrow following a relocation within Midsummer Place, where it first opened in 2008. The new store will welcome new and returning customers on Saturday, June 29, from 10 am. As Apple’s 40th store in the UK and one of over 500 globally, it will serve as a new destination for customers from the local community and beyond to explore and purchase Apple products.

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SCOTUS overturns Chevron doctrine, limiting federal agency reach

RetailDive

Federal courts will no longer have to defer to agency regulations for interpretation of ambiguous statutes.

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Omnichannel E-Commerce: Drive More Revenue at Less Cost

Today’s e-commerce landscape is vast and it’s moving fast and is fiercely competitive. To thrive you need to offer the right products to the right customers on the best channels. Learn how to successfully harness the power of omnichannel selling to reach more online buyers, diversify and grow revenue, and reduce cost – while delivering a seamless "shop to ship" customer experience across all channels.

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Superdrug Opens Largest UK Store at Westfield Stratford

365 Retail

Superdrug has opened the doors to its largest UK store today in Westfield Stratford Shopping Centre, London, creating 25 new permanent roles in the 9,890 sq. ft. retailer. The store, which has doubled in size, continues Superdrug’s expanding bricks-and-mortar retail footprint as the retailer plans to open 25 new stores in 2024, marking its 60th year on the British high street.

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Social supermarket group to open new store in Barnsley

TalkingRetail

Community Shop, the social supermarket for low-income families, is to open a new store in Barnsley in July. The group, where the model is based on selling discounted products that were destined for waste, runs a network of shops in England and Scotland.

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Protecting Retail Operations: Cybersecurity Practices You Need to Know 

RetailMinded

Owning and managing a retail business in America entails you juggling through a lot of responsibilities. They include you having to meet sales target to continue making the business profitable to keeping your current clients happy while also making strides to earn new business. Yet one thing that you ought to not forget is to uphold the security of your operations.

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Things We Love – Spring 2024

Canadian Special Events

This curated collection of things we love features fabulous products designed to keep busy event profs in style wherever they go. Everywhere Belt Bag Lululemon’s Everywhere Belt Bag is the ultimate accessory for event planners, blending sleek style with practicality. It offers ample storage in a gorgeous form. Bluetooth Label Printer Meet the SUPVAN E10 Mini Label Maker, an event planner’s dream accessory.

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s

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Scamp & Dude to Open New Store in Cambridge’s Grand Arcade

365 Retail

Scamp & Dude , the British fashion brand known for its purpose-driven approach, is set to open its fifth store at Cambridge’s Grand Arcade in July 2024. This expansion follows another consecutive year of double-digit growth for the B Corp Certified brand, which has seen a 32% increase in 2024 compared to 2023, and a 62% increase from 2022 to 2023.

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Yan Markson

Canadian Special Events

Yan Markson is a Canadian illusionist and corporate speaker with a clowning, acrobatics, and magic background. He gained popularity through his performances in Cirque Avaia and the Booff Show, where he showcased his comedic brilliance. Yan shifted his focus to magic, particularly mentalism and mind-reading effects, and created his Incredible mind-reading spectacle called “ExperiMentalism” in 2013.

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Nokia to Sell Submarine Network Business to France in $375M Deal

RetailWire

Nokia is set to divest its undersea internet cable business, Alcatel Submarine Networks (ASN), to France for €350 million ($375 million). The deal will initially transfer 80% of ASN to the French government, with Nokia retaining a 20% stake to ensure a smooth transition. The sale is expected to be completed by early 2025, after which France will acquire Nokia’s remaining stake.

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Berkshire store and owner hit with hefty fine for selling illegal vapes

TalkingRetail

A Maidenhead store and a company director have to pay court fines, costs and charges totalling £2,870 for having illegal vapes for sale, following a trading standards investigation.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.