Retail TouchPoints

JUNE 14, 2023

Nearly every major retailer has embraced consumer demands for quick and easy delivery. In fact, experts predict that online food delivery alone will become a $32 billion industry by 2024. The rise of delivery services has made it easier for consumers to get purchases more quickly and for retailers to offer these services more widely. From the convenience of same- or one-day shipping provided by large online marketplaces to the luxury of having groceries or dinner delivered to your front door, th

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Inside Retail

JUNE 14, 2023

Matthew Marshall has been appointed CEO of Retail Food Group (RFG), effective July 1. As head of retail with the group, Marshall was instrumental in implementing the business’ franchisee-first and customer-centric values and strategy and has been internally promoted from his current position as the head of retail, the company said. Matthew Marshall.

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Promotions 246

Retail TouchPoints

JUNE 14, 2023

As the pandemic fades and the thermometer climbs, more and more people want to get out and find an escape from the pressures of inflation — and outdoor spaces are positioned to provide great, flexible experiences that can fill the bill. “ Suburban, open-air retail is being transformed as the way we work has been reshaped ,” said Ward Kampf, President of Northwood Retail in an interview with Retail TouchPoints.

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Inside Retail

JUNE 14, 2023

RedMart by Lazada, Singapore’s first fully digital grocer, recently released the findings of its latest research into Singaporean grocery shopping and restocking habits. Among the highlights, it revealed that eight out of 10 Singaporeans still prefer shopping online for groceries, even in post-pandemic times. According to Damien Schricke, head of RedMart and grocery at Lazada Singapore, the preference accelerated during the pandemic and has remained since.

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Marketing Grocer Promotions Supermarket 246

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.

Checkout

Retail TouchPoints

JUNE 14, 2023

Overstock.com has reportedly placed a $21.5 million stalking horse bid for some of Bed Bath & Beyond ’s assets, including its intellectual property, according to court documents seen by CNBC. Overstock is seeking to purchase the bankrupt retailer’s internet and mobile properties as well as all business data, but the offer doesn’t include Bed Bath & Beyond’s or BuyBuy Baby ’s physical locations.

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Inside Retail

JUNE 14, 2023

Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security. Southeast Asia, a region with a collective population of 630 million – half of them under 30 – is one of TikTok’s biggest markets in terms of user numbers.

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Inside Retail

JUNE 14, 2023

Footwear and accessories brand Novo Shoes has returned to Canberra, opening two locations in Woden and Belconnen. Six years after it left the market, the brand debuted its Woden store last month and will open its second location this Friday. According to the business, Canberra’s rising population and strong fashion scene made it necessary for Novo Shoes to have a presence in the region. “Previously, we had successful stores in Belconnen and Woden, both with proven track records,&#

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Returns Accessories Fashion Location 240

Retail Wire

JUNE 14, 2023

Modelo Especial in May represented 8.4 percent of U.S. retail beer sales, moving it ahead of Bud Light, which held a 7.3 percent share.

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Inside Retail

JUNE 14, 2023

The final shape of LVMH’s likely Olympics sponsorship rests on Antoine Arnault, one of LVMH Chairman and CEO Bernard Arnault’s five children and heirs, in a high-profile deal that could test the 46-year old’s marketing prowess. All of Bernard Arnault’s five children hold important positions in LVMH, with each closely watched for any sign of pulling ahead of others to one day succeed the 74-year old CEO, who has not indicated he plans to step down any time soon.

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Fashion Finance Promotions Marketing 130

Retail Wire

JUNE 14, 2023

Fanatics hosted more than 100 institutional investors at the NBA Players Association headquarters to have CEO Michael answer questions about the company that holds exclusive licensing deals with NFL, NHL, NBA, MLB, and colleges and universities. Another 300 people attended the meeting remotely. Fanatics is moving towards an initial public offering.

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ATS 130

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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

Inside Retail

JUNE 14, 2023

Ikea is continuing its march around the world with the furniture and homewares brand recently beginning construction on its hotly anticipated New Zealand store. Announced in 2019 , the 34,000sqm store will be located at Sylvia Park in Auckland. Accompanied by an e-commerce platform, it is set to open its doors to the public in 2025. Ikea Group’s expansion manager Fabian Winterbine told Inside Retail that New Zealand has been considered something of a “missing piece” for many years.

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Retail Wire

JUNE 14, 2023

Amazon.com is using artificial intelligence technology to create a summary of reviews on the site for specific products.

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Inside Retail

JUNE 14, 2023

Over the past several years, sustainability has become a firm focus for consumers, industry and government alike, as people increasingly contemplate the social and environmental impact of not only their purchases but also their actions more broadly. Each of these parties – consumer, industry and government – has a distinct role to play in the journey towards sustainability, and needs to work in tandem in order to move the sustainability agenda forwards.

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Fast Fashion Fashion Consumer Advertising 130

Retail Wire

JUNE 14, 2023

Taco Bell customers who have reached Fire! Tier status in the chain’s loyalty program will be able to buy the Taco Bell x Crocs limited-edition Mellow Slide a week ahead of everyone else. The shoes are expected to sell for $60.

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ATS 113

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

Inside Retail

JUNE 14, 2023

The final shape of LVMH’s likely Olympics sponsorship rests on Antoine Arnault, one of LVMH Chairman and CEO Bernard Arnault’s five children and heirs, in a high-profile deal that could test the 46-year old’s marketing prowess. All of Bernard Arnault’s five children hold important positions in LVMH, with each closely watched for any sign of pulling ahead of others to one day succeed the 74-year old CEO, who has not indicated he plans to step down any time soon.

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Fashion Finance Promotions Marketing 130

Retail Wire

JUNE 14, 2023

Taco Bell customers who have reached Fire! Tier status in the chain’s loyalty program will be able to buy the Taco Bell x Crocs limited-edition Mellow Slide a week ahead of everyone else. The shoes are expected to sell for $60.

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ATS 100

Retail Dive

JUNE 14, 2023

Shippers adjusted to pandemic-related disruptions to reach customers faster. But shifting shopper preferences and cost-cutting efforts may slow things down.

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Retail Wire

JUNE 14, 2023

The U.S. Department of Agriculture said it is considering putting higher standards in place for meat to be labeled as “humanely raised” or antibiotic-free. A 2020 Office of Inspector General investigation found 15 percent of USDA-approved label applications were either incomplete or inaccurate.

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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 Dive

JUNE 14, 2023

In a letter to CEO Brian Cornell, New York Attorney General Letitia James and 14 lawmakers urged “courage” in the face of rising attacks against LGBTQ+ rights.

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Retail Wire

JUNE 14, 2023

The National Labor Relations Board issued a ruling that broadens the definition of who should be classified as an employee. The ruling overturns a previous ruling that identified workers as contractors mainly based on the “entrepreneurial opportunity” associated with the work being done.

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Retail Times

JUNE 14, 2023

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Why have so many retailers, both large and medium, moved into retail media in the last three years? Bernd Bube, founder and CEO of ADvendio, explores how the advent of media networks is redefining retailers’ advertising plays With eMarketer predicting that US digital advertising will be worth more than $52billion in 2023, McKinsey also estimates that 80%

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Advertising 98

Retail Wire

JUNE 14, 2023

Ahold Delhaize CEO Frans Muller said the grocery giant is “roughly half” the way toward its goal for ad sales revenue on its retail media networks. “What we generate on retail media revenue, we will reinvest in our business to make sure that consumers can afford themselves healthy and sustainable products,” Mr. Muller said.

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Consumer 100

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

Retail Dive

JUNE 14, 2023

The functional beverage brand, created by Lively founder Michelle Cordeiro Grant, turned to individual investors for the funds instead of established firms.

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Cisco Retail

JUNE 14, 2023

Recently, we’ve seen lots of activity and announcements around multicloud security – particularly network security (or the expanded view – secure cloud networking ).

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Retail Dive

JUNE 14, 2023

The athletics giant will expand content and programming to cover nutrition, mindfulness and more as it embraces a broader definition of sport.

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Retail Wire

JUNE 14, 2023

Walmart will invest $257 million to build a beef-packing plant in Olathe, KS. Kansas Gov.

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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.

Kuusoft

JUNE 14, 2023

Are you tired of relying on static, boring menus to showcase your restaurant’s offerings? Say hello to the… The post 8 Ways to Improve Customer Experience Through Restaurant Digital Signage appeared first on The Official Kuusoft Blog.

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Customer Experience 81

Cisco Retail

JUNE 14, 2023

Words make Worlds. That’s why I’m continuing this blog series to raise awareness about the power of Inclusive Language. Having a sense of identity is critical to all of us.

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Dezeen

JUNE 14, 2023

Design studio Isern Serra has transformed a computer-generated image by digital artist Six N Five into a rose-coloured retail space for the Moco Museum in Barcelona. Situated in Barcelona's El Born neighbourhood, the Moco Museum exclusively exhibits the work of modern artists such as Damien Hirst , Kaws , Yayoi Kusama and Jeff Koons. The institution's eponymous concept store has a similarly contemporary offering, selling a mix of design, fashion and lifestyle goods.

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Fashion Planning Shopping 75

Cisco Retail

JUNE 14, 2023

Recently I was looking for some research around IOT to assist our partners to understand the gravity of the market opportunity for the next decade.

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Marketing 84

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