Sat.Aug 28, 2021 - Fri.Sep 03, 2021

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A Guide To Starting Your Courier Business In 2021

Retail Focus

Courier services and are some of the most important services in the contemporary era. Granted, throughout the ages these businesses have helped to build empires, transporting raw materials and goods all across the world. Now, the courier industry has set itself up as a highly competitive and profitable one, if you know what you’re doing. If you’re interested in starting your own business, then you’ll need to understand that due to the aforementioned competitive nature of this industry, it can be

Planning 130
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Off-price retailers brace for uncertainty despite healthy Q2

Retail Dive

Burlington, Ross and TJX are usually isolated from macro headwinds, but are dealing with rising freight costs, supply chain issues and unknowns.

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Formula 1 engineering helps improve convenience store fridges

Talking Retail

Southern Co-op is installing motor-racing technology to help cut the loss of cold air from the fridges in its stores, reducing greenhouse gas emissions. The regional co-operative is putting the technology in 96 stores and using it to reduce cold air being lost into the aisles. The technology, developed by motor racing engineer Wirth Research, This story continues at Formula 1 engineering helps improve convenience store fridges.

ATS 132
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Carhartt Teams with Metallica Foundation to Recruit and Train Skilled Workers

Retail TouchPoints

Workwear brand Carhartt is recognizing the importance and value of labor by teaming up with heavy metal band Metallica’s All Within My Hands foundation, with the goal of training a new generation of skilled workers. Carhartt will donate all online sales on Labor Day 2021 to the foundation’s Metallica Scholars workforce education program, which connects students to hands-on learning and provides support to 23 schools via the American Association of Community Colleges.

Marketing 328
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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Harvey Norman hits record profit in Australia

Inside Retail

Harvey Norman has delivered another strong year in spite of the Covid-19 crisis, with total revenue up 15.3 per cent to $9.49 billion, and profit after tax up 75 per cent to $841.4 million. Earnings at the furniture and homewares business also spiked during the year, growing 54 per cent to $1.45 billion, with Harvey Norman’s Board recommending a payout of a fully-franked dividend of 15 cents per share.

Shopping 305
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Arc’teryx opens new London store in Covent Garden

Retail Focus

Arc’teryx Equipment, the global design company specialising in technical high-performance apparel and equipment, continues its retail expansion in Europe with a new London store. The new Arc’type store in Covent Garden Long Acre will feature a rebranded micro-store concept, centred around 22 of the brand’s most renowned designs. The latest store, which opened on September 1, joins six other Arc’teryx Arc’type stores globally alongside the Arc’teryx brand store in London, Piccadilly Circus.

Outdoor 275

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Q2 2021 Roundup: How Target, Macy’s and Foot Locker Harnessed Consumer Optimism

Retail TouchPoints

Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. The spring and early summer was an optimistic time for many consumers who finally emerged from lockdowns looking to refresh their wardrobes and find items suited for smaller local outings during the warmer months. While there were success stories across the industry, three retailers stood out with strong, expectation-topping results: It’s no surprise that Target had another strong quarter, but

Consumer 328
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AusPost lands record revenue, commits to delivering perishables long-term

Inside Retail

Mail and logistics firm Australia Post delivered record revenue in FY21 driven by increase e-commerce growth in the retail sector, hitting $8.27 billion. The group’s profit before tax spiked 87.7 per cent to $100.7 million after a disappointing result in FY20, while AP Global, Australia Post’s cross-border e-commerce business, saw revenue increase 90.6 per cent to $429 million.

Shipping 264
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Retail advertising beyond the cookies?

Tokinomo

Everybody loves cookies. However, in this article, we are going to talk about a different kind of cookie. Online advertising is not going to look the same after 2023. Why? Because Google announced last year that it is letting go of third-party cookies. How is this going to affect FMCG brands and retailers? What can they do to make sure that they still offer personalized experiences to shoppers?

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5 Best Practices to Improve Your Digital Shelf Performance

Intelligence Node

The Fight for Customer’s Attention has Intensified The COVID-19 pandemic has changed the face of retail forever. eCommerce quickly took the center stage as more brands and retailers were coaxed to move their businesses online or take the omni-channel route. The number of online stores grew rapidly and with that the competition to get in […]. The post 5 Best Practices to Improve Your Digital Shelf Performance appeared first on Blog.

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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Zebra Technologies Acquires SaaS Forecasting and Merchandising Solution

Retail TouchPoints

Zebra Technologies will acquire antuit.ai , a provider of AI-powered Software-as-a-Service (SaaS) solutions designed to assist with forecasting and merchandising in the retail and CPG industries. Antuit.ai will serve as the planning and demand forecasting module within Zebra’s retail software portfolio. Antuit.ai aims to help users ensure they have the right product in the right place, at the right time, at the right price, based on the current state of the supply chain, store inventory and cons

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Dexus selling stakes in two super-regional shopping malls

Inside Retail

Cornerstone stakes in two super-regional Australian shopping centres have gone up for sale in the first such investor opportunity in two years. Dexus Wholesale Property Fund is offering a 20-per-cent interest in Gold Coast’s Pacific Fair Shopping Centre and a 25-per-cent stake in Sydney’s Macquarie Centre. The stakes were held by the AMP Capital Diversified Property Fund before its recent merger with Dexus Wholesale Property Fund.

Shopping 264
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Amazon enlists Affirm to offer a buy now-pay later option

Retail Wire

Amazon has cut a deal with buy now-pay later provider Affirm that will give shoppers the option to pay for some larger-priced purchases on a monthly installment plan, making it easier to make purchasing decisions on $50+ items, such as furniture, home goods, electronics and fashion. Presently, the service is being trialed with select customers and is not intended for certain product categories, such as groceries or digital services.

Fashion 189
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Space NK signs for Leeds relocation to Trinity

Retail Focus

Landsec has announced that premium beauty retailer, Space NK, will be relocating from its current Leeds location in Victoria Quarter to Trinity. The new Space NK Trinity location, opposite Pandora on the lower ground, covers approximately 1,700 sq ft, nearly double the size of the brand’s existing Leeds store. It is set to launch in September, with all current beauty advisors moving over to the Trinity location.

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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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Avery Dennison Acquires Labeling Solution Provider for $1.45 Billion

Retail TouchPoints

Avery Dennison has signed an agreement to acquire Vestcom , a privately held pricing and branded labeling solution provider, for $1.45 billion in a cash transaction subject to certain closing and post-closing adjustments. Vestcom uses data management capabilities to synthesize and streamline store-level data and deliver item-specific, price-integrated messaging at the shopper’s point of decision.

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Australia Post pausing e-commerce collections this weekend

Inside Retail

Australia Post has temporarily paused parcel collections from e-commerce retailers throughout New South Wales, Victoria and the Australian Capital Territory due to the worsening Covid-19 outbreak. The logistics business said it had 500 staff members in necessary self-isolation which placed an increased level of pressure on its already stretched resources and that, in order to help manage already record levels of demand, it would need to shut off the service between Saturday 4 and Tuesday 7 Septe

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Google postpones workers’ return to offices by three months

Retail Wire

In an email sent to employees of Google parent company Alphabet, CEO Sundar Pichai told workers to expect to return to their offices no sooner than Jan. 10th and possibly later, depending on the local state of COVID-19 infections. Just last month, Google pushed the return date back from September of this year to October.

Returns 189
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Liverpool ONE unveils upsized Hamleys store and Lego activation

Retail Focus

Grosvenor Britain & Ireland has announced the opening of a new upsized Hamleys store at Liverpool ONE, following a recent interactive LEGO ‘Pop & Play’ event. Both launches form part of the destination’s ongoing programme of unique, family-friendly experiences. Following a successful year of trading, Hamleys has recommitted to Liverpool ONE with a more expansive store at 35 South John Street.

Location 162
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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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5 Tips for Maximizing Influencer Marketing’s Impact

Retail TouchPoints

A retailX panel of social media and influencer experts had a candid conversation about how influencers are driving the maturity of social commerce, which is expected to reach $36.09 billion in the U.S. this year — a 35% increase over 2020 — according to Insider Intelligence. The speakers represented all facets of the “influencer marketing machine,” from strategy firms and agencies to brand executives and independent content creators.

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Ikea launches global 24-hour virtual festival

Inside Retail

Home furniture giant Ikea is set to roll out its first virtual festival, hosting performances and experiences across the world. The event, starting on September 16, will see the participation of artists, designers, DJ’s, chefs and other talents, who will turn their homes into stages for performance. Ikea Festival will take place in more than 100 homes across more than 50 countries, and is open to everyone. “This is a new kind of experience Ikea wants to offer, celebrating, connecting and e

Marketing 252
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Grocery shortages in Mississippi exacerbated by Ida

Retail Wire

Southern Mississippi supermarket chains have been experiencing the same sort of supply chain disruptions as others around the country in recent months, and now the impact of Hurricane Ida has cleared many shelves of goods. Much of the demand is coming from Louisiana residents crossing the border in search of supplies. “We’ve been very busy since Friday morning with the influx of people coming from Louisiana,” said Chuck Clark, manager of Rouse, Diamondhead, Miss.

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Covent Garden’s historic market building has turned into a neon wonderland

Retail Focus

Covent Garden has unveiled its latest art commission by British artist Chila Burman who has taken over the historic Market Building with an immersive large scale light installation. In a bold celebration of London’s cultural heartland, Burman has transformed the South Hall and the Piazza into a giant neon wonderland filled with vast brightly coloured light sculptures and uplifting messages.

Marketing 162
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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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Amazon Adds its Weight to BNPL’s Momentum

Retail TouchPoints

Amazon will let shoppers split purchases of $50 or more into multiple monthly payments through a partnership with Affirm. The flexible payment service is currently being tested with a select group but the retail giant plans to roll it out to more customers in the coming months. Amazon’s entrance into buy now, pay later (BNPL) is further proof of this payment method’s growing importance.

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Here’s why retailers are facing higher transport costs and shipping delays

Inside Retail

What’s the connection between the Covid vaccine rollout in the US and Europe and increased container costs and shipping delays for retailers in Australia? It’s all a matter of supply and demand. Stores are back open and people are shopping again in the US, UK, France, Germany and other European countries that have fully vaccinated over half of their populations, which is straining global supply chains that are still badly impacted by Covid-19.

Shipping 246
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D2C running shoe brand Hoka opens its first stores

Retail Wire

Deckers-owned Hoka will tread into the physical store realm for the first time with two initial locations — on 5th Avenue in New York’s Flatiron neighborhood and on Melrose Avenue in West Hollywood. The stores will offer 3D foot scanning to provide the best fit and lockers so customers can change and take a test run in the shoes known for optimal cushioning.

Location 130
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OROTON opens a new pop-up space at London’s Selfridges

Retail Focus

OROTON has announced the launch of a new pop-up at London department store, Selfridges. The space is an immersion of the Australian brand’s latest spring-summer collection, the optimist – a concise line-up charged with new energy and vibrance, incorporating painterly colours and a sense of free spirit. “I am so thrilled to be launching OROTON at Selfridges this month,” says Creative Director Sophie Holt.

ATS 162
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Forrester Report: Demystifying The Technical Functions of POS Solutions

Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.

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Gap Buys Virtual Try-On Company as Ecommerce Grows to 33% of Total Revenue

Retail TouchPoints

Gap has acquired Drapr , a virtual apparel try-on application designed to help shoppers find the best clothing size and fit for their personal style and body type. The deal was brokered by Gap’s Strategic Growth Office, a unit that seeks out investments that fuel growth and accelerate new capabilities across Gap’s brands. Gap reported net sales of $4.2 billion in Q2 2021, the highest second-quarter sales in over a decade, up 29% year-over-year and 5% compared to 2019 pre-COVID levels.

Returns 279
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China’s Alibaba to invest US$15.5 billion for “common prosperity”

Inside Retail

China’s Alibaba Group will invest 100 billion yuan ($15.5 billion) by 2025 in support of “common prosperity”, it said, becoming the latest corporate giant to pledge support for the initiative driven by President Xi Jinping. Beijing has been encouraging companies to share wealth as part of the effort to ease inequality in the world’s second-largest economy.

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In tight competition for workers, Walmart gives $1 per hour raise to 565,000 associates

Retail Wire

Walmart will hike wages by $1 per hour for over a half million of its 1.2 million store associates, effectively raising the average hourly wage for Walmart’s U.S. store associates is $16.40. “Effective Sept. 25, associates in the Frontend, Food & Consumable and General Merchandise work groups will receive at least a $1 an hour raise. … It’s our third wage investment in store associates over the past year,” U.S.

Consumer 130
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Armourcoat achieves third-party certified Environmental Product Declaration

Retail Focus

Armourcoat Ltd a decorative surface finishes specialist based in Sevenoaks, Kent have announced the publication of their new set of Environmental Product Declarations (EPDs) providing Architects and Specifiers transparent, verified and comparable information about the environmental impact of their products. Armourcoat recognise that Architects and specifiers are under huge pressure to ‘specify green’ and their biggest challenge is to compare the impacts of different materials and products in ord

Planning 162
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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.