RetailWit

Press release/News aggregator
We are three retail nerds with over 48 years of experience working in and around both Retail and CPGs. While we love the industry and all the variety that comes with it, we are overwhelmed with the constant influx of newsletters, blogs, websites and expert Points of View. So we did something about it; we built RetailWit. Designed to be the ‘one-stop-shop’ for all of your (and our) retail news and intelligence needs. We gather all the important retail news in one spot as it happens, reviewing an exhaustive summary of the best (and worst) in blogs, newsfeeds and newsletters to bring you today’s news – not what happened last week or last month. We also bring in the best of the best in general business articles as well as a little fun and humor. Source

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Scope National, Trade/B2B
Language English
Country United States of America
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Heatwave delivers record convenience sales, says analyst

| RetailWit
The hot weather has meant record-breaking sales for convenience stores, according to the analyst Talysis. Following the hot spell in May, Talysis highlighted a £30m sales boost for convenience stores – with every extra degree over the seasonal average worth an extra £3m. June’s recent heatwave… This story continues at Heatwave delivers record convenience sales, says analyst Or just read more coverage at Talking Retail Brick and Mortar Predictions and Forecasts Unilever Weather
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Compliance specialist Geeta Odedra departs fast fashion giant Asos and preps for new chapter

| RetailWit
Geeta Odedra has announced her departure from Asos, where she spent the past two and a half years, serving as Group Compliance Manager. She joined the fast fashion retailer from Next where she held the role of Senior Compliance Officer. In a LinkedIn post, in which she did not reveal her next move, she said: “Today (Thursday, 2nd July) marks my final day at Asos. As I prepare for my next chapter, I’ve been reflecting on what I’ll take away from my time here.
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AI Is Quietly Revolutionizing How We Make the Foam That’s Everywhere

| RetailWit
Your car’s battery pack, the walls of energy-efficient buildings, even the insulation in your refrigerator — they all rely on specialized foam materials that have traditionally taken months of trial-and-error to perfect. That’s changing fast as artificial intelligence transforms one of manufacturing’s most complex puzzles. View Original Article Post Views: 2
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Couche-Tard’s Circle K: A Grocerant Success Story

| RetailWit
How One Convenience Store Chain Quietly Changed Food Retail Forever By the Grocerant Guru® Steven Johnson For decades, many retailers believed convenience stores existed for one purpose—fuel, cigarettes, soft drinks, and lottery tickets. Food was often an afterthought consisting of roller grill hot dogs, packaged sandwiches, and impulse snacks. Those days are gone. Few companies have done more to redefine convenience food than Alimentation Couche-Tard through its global Circle K banner.
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Aberdeen Spar store hosts live broadcast of award-winning radio show

| RetailWit
Original 106 took its award-winning breakfast show out into the community with a special live broadcast from Spar Kincorth in Aberdeen on Tuesday 30 June. Listeners were invited to join presenters Claire Kinnaird and Pete McIntosh as they broadcast live from the store.
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Morrisons embraces AI and Lush returns to social media: this week’s biggest retail technology stories

| RetailWit
It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail tech space. Here’s your briefing on the most important stories from the past few days, including Quadrant, Footasylum, THG Fulfil, John Lewis Partnership, Kevel, East of England Co-op, Uber Eats, New Look, Fermat, and Lidl GB. 1.
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The United States’ OpenAI Equity Stake, Meta The Neocloud, Karp’s Attack

| RetailWit
OpenAI is discussing providing an equity stake to the United States government, Meta is considering selling its excess compute, and Palantir CEO Alex Karp just called out the frontier labs for competing with their customers. Though the U.S. may be slowing down ahead of a holiday weekend, and the globe may be settling in for the final stages of the World Cup, the AI news keeps coming at a rapid pace.
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Stitch Fix expands AI image generation to improve personalization

| RetailWit
With Stitch Fix Vision, users can now create photos of themselves on demand in recommended outfits. View Original Article Post Views: 1 Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more.
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Saks parent reduces debt to under $1B

| RetailWit
However, several aspects of Exemplar Luxury Group’s post-bankruptcy financing complicate matters and increase its burden, analysts say. View Original Article Post Views: 1 Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more.
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Led by Buc-ee’s and new rival Dolly Parton, America’s gas station chains are in a mega-sizing era

| RetailWit
Gas station chains led by Buc-ee’s are coming closer to rivaling America’s big box stores in size, and Dolly Parton is getting in on the retail trend. View Original Article Post Views: 1 CNBC Member since October 25, 2020 CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com Do you like CNBC's articles? Follow on social!
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RetailWit Journalists

Bond, Peter V. S.
Higdon, Brian