Tokinomo

APRIL 17, 2024

It’s been 5 years since Tokinomo started to rethink retail. 5 years full of innovation, dedication and successful collaborations and campaigns. During this time, Tokinomo has emerged as a trailblazer in the retail marketing landscape, weaving innovation, technology, and sustainability into a tapestry that transforms in-store experiences. Hence, Tokinomo is not merely a provider of robotic displays but a catalyst for change in the retail industry.

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Retail Wire

APRIL 17, 2024

The National Highway Traffic Safety Administration said Ford is recalling over 450,000 compact SUVs and pickup trucks in the U.S. due to an issue that could impact the battery.

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Retail TouchPoints

APRIL 17, 2024

URBN , parent company of Urban Outfitters , Anthropologie , Free People and FP Movement , will adopt Stripe as its primary payments infrastructure for both online and in-store sales, consolidating the majority of its North American payments volume onto the solution provider. “Payments are a critical link between our brands and millions of URBN customers who expect checkouts to be as easy as trying on or adding items to a cart,” said Dave Hayne, CTO at URBN in a statement.

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Inside Retail

APRIL 17, 2024

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 rapidly changing industry. On the first day of the conference, attendees heard from French grocery giant Carrefour Group chair and CEO Alexandre Bompard, former Walmart International CEO Judith McKenna, Kmart Group CEO Ian Bailey and many more.

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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.

Management

Retail TouchPoints

APRIL 17, 2024

Everywhere I go, business leaders ask me, “What’s the next big thing in retail?” Understandably, they’re looking for a leg up on the competition and are intrigued by the latest roving robot and AI technologies. But instead of running after the same moving target everyone else is chasing, a smarter question for leaders to ask is, “What’s missing in society, and what do people feel they’re lacking in their lives?

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Inside Retail

APRIL 17, 2024

Newmark Capital has put up the Brandon Park shopping centre in Melbourne for sale. The property features 5.81ha of land with a retail centre and has a gross lettable area of 23,038sqm. Aside from Coles and Aldi, the shopping centre also serves as home to five mini-majors and 86 specialty tenancies and kiosks. Newmark Capital has tapped CBRE’s Simon Rooney, James Douglas and David Minty and JLL’s Stuart Taylor, Nick Willis and Jesse Radisich to manage the sale of the asset. “We

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Inside Retail

APRIL 17, 2024

Westfield Bondi Junction has invited the community and customers to a Community Reflection Day on Thursday, from 11am to 5pm. The shopping centre will remain closed for trading on Thursday and resume trading on Friday, April 19. The Community Reflection Day will be held on the fourth level of the shopping centre, Myer side. The centre will not play any background music and advertisements on digital screens, calling for a peaceful and quiet reflection moment for participants.

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Retail Wire

APRIL 17, 2024

In a move highlighting the escalating tech rivalry between the U.S. and China, Microsoft has announced a $1.5 billion investment in G42, an Abu Dhabi-based AI company.

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Inside Retail

APRIL 17, 2024

The CEOs of supermarket giants Coles and Woolworths stated their cases to the Senate inquiry this week as the government looks into the allegations of price gouging and anti-competitive practices. Both companies have now uploaded their opening statements online. And both outgoing Woolworths CEO Brad Banducci and Coles CEO Leah Weckert said their supermarket chains have tried to help customers cope with the rising cost of living during the past years.

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Retail Wire

APRIL 17, 2024

Some customers think fast-food is becoming a "luxury," according to a franchisee in California.

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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.

Customer Experience

Intelligence Node

APRIL 17, 2024

The 2024 economic climate has heightened shopper price sensitivity. This shift has sparked a retail revolution with dynamic, data-informed pricing strategies and cutting-edge technology. This surge in price consciousness among. The post The Crucial Role of Price Matching in Today’s Retail Landscape appeared first on Blog.

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Retail Wire

APRIL 17, 2024

Oberweis Dairy Inc., a family-owned dairy based in North Aurora, Illinois, has filed for Chapter 11 bankruptcy protection.

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365 Retail

APRIL 17, 2024

PANGAIA, a pioneering materials science company, is gearing up to launch its first standalone flagship store in the UK this summer, choosing a prime location on Carnaby Street in Shaftesbury Capital’s vibrant Soho neighbourhood. Set at 57 Carnaby Street, the new 1,500 sq ft store will showcase the brand’s genderless apparel collection. This opening provides an opportunity for visitors to engage with nature and sustainable practices right in the heart of London.

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Retail Wire

APRIL 17, 2024

Bojangles, the popular Southern fried chicken and biscuits chain, is set to make its debut in Los Angeles in 2025.

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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.

Point of Sale

Retail Gazette

APRIL 17, 2024

Asos losses widened to £120m in its half year as sales plummeted amid its turnaround plan. Adjusted pre-tax losses fell by almost a third over the half to 3 March, as group sales were down 18%. Despite this, Asos reiterated its full-year guidance of a revenues fall of between 5 to 15% alongside positive adjusted EBITDA. The online retailer said it was ahead of plan with its stock reduction process, as it continued to push ahead with its turnaround plan.

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LS Retail

APRIL 17, 2024

©iStock/PeopleImages The “sleep economy,” which includes everything from mattresses to wearable devices to supplements and more, is booming and is projected to reach a record high of $585 billion for 2024 – it's biggest year yet for the sleep industry. How much would you pay for a good night’s sleep? For many people, the answer is “a lot.” Americans (and the rest of the world) are desperate for better sleep — and they’re spending more and more money to get it.

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Retail Gazette

APRIL 17, 2024

Adidas has raised its profit outlook for the year after a better-than-expected first quarter. The sportswear giant now expects to pull in profits of £597m (€700m), up from the £427m (€500m) previously forecast. The news comes after Adidas reported its first losses in 30 years in March, following the financial fallout from abandoning its deal with Kanye West following his antisemitic remarks.

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A1 Retail

APRIL 17, 2024

Materials science company PANGAIA is set to open its first standalone UK flagship store in Shaftesbury Capital’s Soho neighbourhood, in a prime location on Carnaby Street this summer. Located at 57 Carnaby Street, the 1,500 sq ft store will offer the brand’s genderless apparel and will enable visitors to reconnect with nature and earth-conscious retailing in the heart of the city.

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Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

Management

365 Retail

APRIL 17, 2024

Touchwood Solihull is set to enhance its retail landscape with the opening of a new store by popular fashion, jewellery, and homeware brand, Oliver Bonas. The latest store is scheduled to open on Tuesday, 23rd April at its new location on Mill Lane Arcade within Touchwood, marking Oliver Bonas’s fourth outlet in the West Midlands and its debut in Solihull.

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A1 Retail

APRIL 17, 2024

B Corp kitchenware brand ProCook has announced a new partnership with FoodCycle, a UK charity dedicated to alleviating food poverty, loneliness and food waste through community dining. The strategic alliance reflects ProCook’s ongoing commitment to corporate social responsibility and aligns with its core values of sustainability and community support.

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Retail Dive

APRIL 17, 2024

Chief Customer Officer Katie Mullen explains how the retailer's revamped program will deliver value to consumers and boost first-party data reserves.

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Retail Customer Experience

APRIL 17, 2024

A loyalty program has a positive impact by increasing customer frequency, improving customer retention, growing the average basket, and ensuring profitability. That profitability is possible because you are using data generated from the program to reward profitable behavior, anticipate customer needs, and increase efficient buying practices.

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Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.

Retail Dive

APRIL 17, 2024

But the sneaker giant is building momentum beyond the now-discontinued sub-brand, and CEO Bjørn Gulden’s turnaround seems to be taking hold.

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Shopping Center

APRIL 17, 2024

Newport Beach, Calif. — California-based Graystone Capital Advisors has arranged the $12 million sale of a portfolio of 7-Eleven properties located throughout North Carolina and Virginia. A Texas-based developer sold the… The post Graystone Arranges $12 Million Sale of 7-Eleven Portfolio in North Carolina and Virginia appeared first on Shopping Center Business.

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Retail Dive

APRIL 17, 2024

By committing to smaller, rural communities, the discount retailer has room to grow its already substantial store footprint even more, industry experts and company leaders say.

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Shopping Center

APRIL 17, 2024

Rancho Palos Verdes, Calif. — Calmwater Capital has provided a $12.3 million loan for the acquisition and renovation of Western Plaza, a retail center located in Rancho Palos Verdes, roughly 30… The post Calmwater Capital Provides $12.3 Million Acquisition Financing for Retail Center in Metro Los Angeles appeared first on Shopping Center Business.

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Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions? Join us to gain a better understanding of the current retail landscape and learn what you can do to translate personalization strategies into practical implementatio

Customer Experience

Retail Times

APRIL 17, 2024

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Unilever has today announced the launch of a new, science-backed innovation in response to evolving laundry needs, and the changing technology in consumers’ homes. Under its Dirt Is Good brand (known as Persil, OMO and Skip), Unilever has used cutting-edge robotics and AI to develop Wonder Wash, a laundry detergent specifically designed for outstanding p

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Shopping Center

APRIL 17, 2024

Las Vegas — Partners Capital and CNR Retail have announced plans to convert a 100,000-square-foot office complex, located in Las Vegas’ Green Valley Ranch neighborhood, into a food-and-beverage-driven, open-air retail center.… The post Partners Capital, CNR Retail Unveil Plans for 100,000-Square-Foot Office-to-Retail Redevelopment in Las Vegas appeared first on Shopping Center Business.

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Retail Times

APRIL 17, 2024

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! According to the British Retail Consortium, UK retail sales witnessed a steady 3.5% annual growth rate in March 2024. This was a significant increase from February’s annual growth rate of 1.1%. Even more remarkably, March’s growth rate exceeded the sector’s three-month average growth rate of 2.1% and 12-month average growth rate of 2.9%.

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Shopping Center

APRIL 17, 2024

Petersburg, Va. — Bruce Smith Enterprise and The Cordish Cos. have responded to a request for proposal issued by the City of Petersburg with plans to co-develop a $1.4 billion mixed-use… The post Bruce Smith Enterprise, Cordish Cos. Propose $1.4 Billion Mixed-Use Casino Development in Petersburg, Virginia appeared first on Shopping Center Business.

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Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.

Planning