Wed.Jun 01, 2022

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DoorDash Acquires Wolt, Expanding Operations to 27 Countries

Retail TouchPoints

DoorDash has acquired Wolt Enterprises , a Helsinki-based last mile delivery company. The deal will bring DoorDash to a total of 27 countries, 23 through the Wolt product and brand. The transaction is part of DoorDash’s effort to accelerate its international growth through faster product development and improved investment efficiency. Wolt CEO Miki Kuusi will oversee the combined company’s team and operations outside of the U.S., reporting directly to DoorDash CEO Tony Xu.

Consumer 298
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Myer commits to payment of living wage for garment workers

Inside Retail

Australian departmental store Myer has made a commitment to pay a living wage to garment workers who make clothes for its list of brands. The move comes after human rights organisation, Oxfam Australia actively engaged with Myer for more than five years encouraging the company to be more transparent. Garment workers of Miss Shop, Basque and Wayne by Wayne will be part of the commitment and will be paid a living wage that covers basic essentials for family, housing, healthcare, transport and educ

Shopping 264
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Top 10 Trends Driving Retail Growth

Retail TouchPoints

There are a lot of people making a good living forecasting what’s going to happen in retail. Things like ecommerce will soon eclipse brick-and-mortar, retail is facing an apocalypse or delivery to home will become the norm in grocery shopping. None of these is true, but it doesn’t stop people from predicting them, and others from believing. The fact is, when it comes to what’s ahead for retail, no one really knows.

Checkout 298
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Blooms The Chemist makes Top End debut

Inside Retail

Blooms The Chemist has expanded into the Northern Territory launching four stores in the City of Darwin. The community pharmacy will offer medication packing, Indigenous health support, medication reviews along with essential health services and free local delivery. Darwin’s mayor, Kon Vatskalis, joined Blooms The Chemist’s pharmacist Claire Ross at the ribbon-cutting ceremony at the Blooms The Chemist Galleria store in the city’s CBD.

ATS 241
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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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Belk to Pilot Conn’s Shop-in-Shops in up to 20 Stores

Retail TouchPoints

Regional department store retailer Belk will host shops featuring products and services sold by Conn’s HomePlus in 10 to 20 locations as part of a pilot program that will kick off over the next few months. The shop-in-shops, to be situated in current Conn’s market areas, will be 10,000 to 25,000 square feet, depending on the Belk location, and also will include an ecommerce experience on Belk.com.

Shopping 279
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Shopper engagement: How to have the wow-factor in-store

Tokinomo

Customers that step foot inside your store are ready to make a purchase or, at least, they are considering it. Unlike shoppers who are scrolling on social media or reading your brochure, in-store customers already made an effort to show up so they might as well end up making a purchase. However, this is not always the case.

ATS 205

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All about Viviology, Adore Beauty’s long awaited move into private label

Inside Retail

After selling other brands’ beauty products for the last 22 years, online retailer Adore Beauty has finally launched its own skincare line, Viviology. Announced on Wednesday, Viviology is a six-piece cosmeceutical range that aims to make skincare simple, fun and inclusive. It was developed in collaboration with Melbourne-based dermal therapist James Vivian, and is available on Adore Beauty, as well as through a standalone website.

Consumer 182
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How to Target Audiences For Advertisements During a Recession

Retail TouchPoints

There’s an increasing number of reports predicting an economic downturn. Just as we were configuring life around COVID-19, consumer behavior is drastically changing yet again due to inflation. Inflation is greatly pressuring manufacturers’ margins due to rising gas prices, costly transportation and expensive raw materials. On top of that, manufacturers are struggling to strategize around retaining new buyers who purchased their brands during the pandemic, regain buyers who may have switched to a

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Cotton struggles squeeze Asian garment makers, threatens Covid recovery

Inside Retail

A near doubling in benchmark cotton futures to 11-year highs, hard on the heels of a spike in freight and fuel prices, is clobbering Asian apparel makers, while their global retail customers are reluctant to soak up the extra costs. Losses have mounted for garment makers in Asia among the region’s top employers, with some smaller units suspending operations, rendering thousands jobless, undermining a recovery from the pandemic and posing a fresh challenge for policymakers already battling

Apparel 130
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YOOX Net-a-Porter’s THE OUTNET Continues Menswear Expansion with U.S. Launch

Retail TouchPoints

Discount luxury e-tailer THE OUTNET is adding menswear to its lineup in the U.S. following similar expansions beyond womenswear in the UK, EMEA and Asia earlier this year. Launched in 2009, THE OUTNET is owned by Italian online fashion retailer YOOX Net-a-Porter Group and focuses on curated selections of past-season designer apparel. The company’s global expansion into menswear is a key growth and new customer acquisition strategy, according to a brand statement, and comes as the luxury sector h

Apparel 229
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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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Meet the rising star of the week: Chris Haddad, Oz Hair and Beauty

Inside Retail

Last month, we launched our first Rising Stars of Retail report in the May issue of Inside Retail Australia ’s quarterly magazine, a special feature highlighting some of the great under-the-radar talent in the industry from a wide range of departments. Each week, we will publish interviews with the inspiring people listed in the feature, where they reveal what motivates them, the work that they’re most proud of and the challenges that they’ve overcome.

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Oil prices rise after EU takes action against Russia

Retail Wire

A decision by the European Union to cut about 90 percent of its oil imports from Russia has led to an increase in the price of crude. The average price for a gallon of gas yesterday hit a U.S. record of $4.62.

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How to avoid tokenistic efforts to support Indigenous communities

Inside Retail

In the wake of Prime Minister Anthony Albanese’s commitment to the Uluru Statement from the Heart, and the Afterpay Australian Fashion Week’s recent focus on diversity and black creators, First Nations issues are in the spotlight in Australia. . And while many brands may be interested in trying to bridge the gap and support First Nations people, it’s important to be aware of creating genuine partnerships that benefit both parties and avoid being tokenistic. .

Planning 130
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Grocers are pushing back on vendor price increases

Retail Wire

Grocery store operators are asking brands to justify higher prices before accepting them. “We want a justification for it, and what we then do is validate,” said Stuart Aitken, chief merchant and marketing officer at Kroger.

Grocer 130
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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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Meta Platforms’ Sheryl Sandberg to leave after 14 years

Inside Retail

Meta Platforms COO Sheryl Sandberg, whose close partnership with CEO Mark Zuckerberg powered the growth of the world’s biggest social network, is leaving the company after 14 years, she announced in a Facebook post. The announcement initially sent the social media firm’s shares down 4 per cent, but the stock was nearly flat in after-hours trade.

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HSA for Small Business – What You Need to Know

Small Biz Trends

Small business owners and their employees can stretch their dollars further by establishing a health savings account. With a health savings account, participants are empowered to save earnings and more wisely spend money on healthcare expenses. While it might be easy to assume this tax-advantaged account is a benefit available only to large companies, the option is also a possibility for small businesses.

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Wellness clinic and spa Endota buys New Zealand’s Forme Spa

Inside Retail

Forme Spa, New Zealand’s largest day spa group, has been bought by Endota, Australia’s largest spa and wellbeing network. Frome Spa has nine locations – in Albany, Takapuna, Mt Eden, Parnell, Ponsonby, Wellington, Christchurch, Queenstown and Hamilton – and will take Endota’s network to 120. Both companies have 20 years of experience in the wellness sector and claim ‘household name’ status in their respective countries.

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Cisco SDA to the Rescue: Enabling IT to Secure Networked Virtual Machines on Mobile Clients

Cisco Retail

Whether we work together IRL at an office or online in a WebEx window, conversations among software engineers naturally turn to “what’s new in your tech” and “I have this problem—any ideas”. Recently, both topics coincided with a conversation I had with a remote co-worker who had a particularly tricky networking issue. One that I happened to be currently working on.

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Mapping Digital Transformation: Retail’s Strategic Shift

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

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How Chinese toy giant Pop Mart thinks local, dominates global

Inside Retail

When Chinese collectables retailer Pop Mart launched a pop-up store at London Westfield in January of last year to test its concept in the UK, it expected the Asian diaspora to be its largest potential market demographic. For the first few days, that was the case, with 90 per cent of sales attributed to Asian customers. But within a few weeks, the local non-Asian population was accounting for four out of every five sales.

Marketing 130
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Cisco Live 2022: Top 5 Cloud Networking

Cisco Retail

With sunny skies, and an entertainment calendar filled with music, shows, immersive experiences, Las Vegas is a great city to visit in the summer. For me, the special draw is Cisco Live Las Vegas 2022 , and the opportunity to meet, learn and collaborate with industry experts across Data Center and Cloud Networking. A week+ from now, Cisco Live 2022 will be ready to sizzle at the Mandalay Bay, Las Vegas.

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So you think it’s time for a digital transformation. Read this first

Inside Retail

There’s no denying that the pandemic created the perfect conditions for online retail. A combination of more time at home, more time spent online, and shop closures meant that online purchases rocketed. Online retail sales showed exceptionally large growth over the main lockdown periods of 2020 and 2021. A recent Australia Post report found that online retail sales growth in 2021 had doubled the pre-pandemic growth baseline, with an annual increase in online sales of 12.3 per cent.

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Get Ready for Shift-Left Security at CLUS

Cisco Retail

Shift-Left Security is a hot topic among software developers nowadays. The principle of “shift-left” is simple (think “left” along a timeline). It refers to the rapidly growing trend of security checks and controls moving to earlier in the code development pipeline. A couple of examples would be: adding security into the code writing process (for example by adding security plugins to an IDE). the code commit process (for example by using automated checks in the pipeline).

ATS 133
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The Personalization Playbook: 2024 Strategies

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.

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Collapsed Missguided snapped up by Frasers Group

Inside Retail

Frasers Group has bought fast-fashion business Missguided and plans to set it up as a standalone business within the group. According to Retail Gazette, Frasers Group will pay £20 million to buy the collapsed omnichannel retailer out of administration after beating a competitive bid from online fashion retailer Boohoo. Missguided was placed in administration on Monday owing suppliers millions of pounds.

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Cisco Cloud ACI now utilizing Catalyst 8000v

Cisco Retail

This blog is co-authored with David Keith , Product Marketing Manger. The Network is the Foundation. The pace of digital innovation is surging across the digital ecosystem in the post-pandemic era resulting in a sharp expansion of applications and cloud usage. Experiences such as 8K ultra-high-definition video streaming, immersive VR and AR apps, gaming, self-driving vehicles, high frequency stock trading, automation driven by AI/ML systems, and IoT use cases with 5G networks are expected by ent

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Grab customer attention across channels with a diversified strategy

Inside Retail

E-commerce businesses are fighting for consumers’ attention at an extraordinary rate. In an industry that’s already heavily saturated, hundreds of emerging digital channels have made it increasingly difficult to stand out, writes Simon Kelly, solutions manager, Apac at ChannelAdvisor. Yet, connecting to a diverse pool of customers across multiple platforms is not impossible.

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Employee Spotlight Series – Meet Viren Modi – Our In-house Entrepreneur

Intelligence Node

What first attracted you to Intelligence Node? What has kept you here? I am a data-forward person, and I love how the right analysis can give you actionable and relevant. The post Employee Spotlight Series – Meet Viren Modi – Our In-house Entrepreneur appeared first on Blog.

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How Personalized Customer Experiences Drive Retail Growth and Revenue

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

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Prada plans monthly product, NFT drops

Retail Dive

The brand will host 24-hour online events, starting June 2, where shoppers in select areas can buy limited-edition items and receive accompanying NFTs.

Planning 140
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9 Reasons Why You Need an AI Pricing Tool Now!

Intelligence Node

The Growing Need for Advanced Retail Pricing Tools The retail landscape has changed dramatically in recent years. eCommerce has flourished and is forecasted to generate nearly 25% of the total.

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Taco Bell is selling out of Mexican Pizza

Retail Wire

Demand for Mexican Pizza appears to have outpaced Taco Bell’s expectations as the item is sold out at many locations across the U.S. “While we’re currently selling out, for now, we’re working diligently with our restaurants and suppliers to get more back in the hands and stomachs of our biggest fans by this fall,” wrote the restaurant chain.

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Solving the World’s Biggest Challenges, Together

Nvidia

Gamers know NVIDIA powers great gaming experiences. Researchers know NVIDIA speeds world-changing breakthroughs. Businesses know us for the AI engines transforming their industries. And NVIDIA employees know the company as one of the best places to work on the planet. More people than ever have a piece of NVIDIA. Roboticists, visual artists, data scientists — all sorts of innovators and creators rely on the company’s technology.

ATS 120
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Planning the Architecture of Your Modular DXP

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.