Retail Industry News

A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

forbes.com - Teresa Aniana - Zendesk BrandVoice: Retail Leaders Will Embrace AI To Elevate CX
Zendesk BrandVoice: Retail Leaders Will Embrace AI To Elevate CX
Forbes

The retail industry is gearing up for an AI-first revolution, with customer experience (CX) at the center of this massive shift. AI is poised to become an essential instrument for retailers, enabling them to outpace competitors, provide standout…

reuters.com - South African rand little changed ahead of inflation, retail sales data
South African rand little changed ahead of inflation, retail sales data
Reuters

File photo: South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/Illustration/File photo Purchase Licensing Rights, opens new tab JOHANNESBURG, April 17 (Reuters) - South Africa's rand was…

forbes.com - Sergey Kozhevnikov - Council Post: Not An Overnight Game: Understanding Tech Implementation In Retail
Council Post: Not An Overnight Game: Understanding Tech Implementation In Retail
Forbes

Sergey Kozhevnikov, VP of Product Development, Teamwork Commerce. Technology's role within retail is only growing in importance. Today's consumers expect speed, convenience and high-quality experiences. Manual in-store processes not only slow down…

forbes.com - Nishith Rastogi - Council Post: 3 Logistics Technologies That Can Enhance Retail Customer Experiences
Council Post: 3 Logistics Technologies That Can Enhance Retail Customer Experiences
Forbes

Nishith Rastogi is a Founder & CEO of Locus, a leading-edge technology company helping 300+ global enterprises gain excellence in logistics. In the retail world, apart from product price and selection, I find that customer experience is the single…

standard.co.uk - Josie Clarke - Shopkeepers must be safeguarded to uphold smoking ban, retailers warn
Shopkeepers must be safeguarded to uphold smoking ban, retailers warn
Evening Standard

Rishi Sunak's proposal to ban young people from ever being able to legally smoke tobacco cleared its first Commons hurdle on Tuesday (PA) The idea of eradicating smoking is “laudable” but must come with a strategy that safeguards the…

hurriyetdailynews.com - Electronics sales help retail sector - Latest News
Electronics sales help retail sector - Latest News
hurriyetdailynews.com

According to official data, February saw the highest monthly increase in retail sales in a year, with computer sales marking their highest surge in the last 11 months, while textiles, clothing and footwear recorded a significant uptick in the last…

cnbc.com - Annie Palmer - Amazon starts selling smart grocery carts to other retailers
Amazon starts selling smart grocery carts to other retailers
CNBC

Amazon is offering its smart grocery carts to third-party retailers. The company has expanded Dash Carts in Fresh stores and Whole Foods locations as it has recently pulled back on its cashier-less checkout technology. Amazon also addressed recent…

bloomberg.com - Andy Hoffman - Swiss Watchmakers Fear Retail Glut and Discounts After Boom
Swiss Watchmakers Fear Retail Glut and Discounts After Boom
Bloomberg

Brands including Moser, Oris and Parmigiani see slower growth Industry is navigating a downturn after the pandemic Facing a drop in demand after the pandemic-era boom, Swiss watchmakers are bracing for a new challenge: retailers cutting prices to…

thecourier.co.uk - Press Association - Shopkeepers must be safeguarded to uphold smoking ban, retailers warn
Shopkeepers must be safeguarded to uphold smoking ban, retailers warn
The Courier

The idea of eradicating smoking is “laudable” but must come with a strategy that safeguards the shopkeepers tasked with upholding the regulations, retailers have warned. The British Independent Retailers Association (Bira), which…

digiday.com - anekola - Retail media's evolution: How retailers are finding a way to break in and stand out
Retail media's evolution: How retailers are finding a way to break in and stand out
Digiday

Last year was monumental for retail media as it established itself as a game-changing force with little sign of slowing down in 2024. Figures from IAB Europe predict retail media spending will surpass traditional linear TV in Europe in under two…

insideretail.com.au - Heather McIlvaine - Three key takeaways from the World Retail Congress
Three key takeaways from the World Retail Congress
Inside Retail Australia

More than 850 retail leaders from over 60 countries gathered in Paris this week for the annual World Retail Congress. Running from April 16-18, the event brings together senior executives to share insights and ideas about how to drive growth in a…

smh.com.au - Nicole Lindsay - City retail bounces back with Japanese poop museum
City retail bounces back with Japanese poop museum
The Sydney Morning Herald

The vacancy rate plunged to 8.7 per cent, well down on the 15.5 per cent rate recorded in February 2023, according to Fitzroys' Walk the CBD report. “It's a huge shift considering where we were in 2021 with around 33 per cent…

theepochtimes.com - Alfred Bui - Hardware Retailer Bunnings Denies Monopoly, Unfair Treatment of Suppliers
Hardware Retailer Bunnings Denies Monopoly, Unfair Treatment of Suppliers
The Epoch Times

Hardware retail giant Bunnings has addressed concerns regarding its market dominance, saying it only accounted for a quarter of Australia's garden plant market. This comes after farmer groups claimed that Bunnings had a monopoly over the sector and…

watoday.com.au - Sarah Brookes - Bond behind Perth's biggest city retail deal this year
Bond behind Perth's biggest city retail deal this year
WAtoday

, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. A Perth CBD retail property has sold for $35.25 million, representing the largest CBD retail transaction of the year. Situated in…

insideretail.com.au - Stephanie Caite Chadwick - Why the founder of Culture Kings wants retailers to sell with emotion and magic
Why the founder of Culture Kings wants retailers to sell with emotion and magic
Inside Retail Australia

Culture Kings is an Australian retail phenomenon, what started as a Carrara market stall in 2008 evolved into an international retailer being listed on the stock exchange with a $600 million valuation. Founder and CEO Simon Beard took to the stage…

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