Tue.Apr 13, 2021

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The Honest Company Rides ‘Conscious Consumerism’ Wave Toward Potential $100M IPO

Retail TouchPoints

Ethical consumer goods brand The Honest Company filed for its long-anticipated IPO on April 9, 2021. Co-founded by actress Jessica Alba in 2012, the company touts a line of hypoallergenic, ethically sourced products in the baby, beauty and home cleaning categories. According to the SEC filing , The Honest Co. will seek to list on the Nasdaq under the symbol “HNST” at a value of $100 million.

Finance 277
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Korean fashion house ADLV lands in Australia this May

Inside Retail

Korean clothing brand Acmé de la Vie (ADLV) is launching its first brick and mortar store in Australia this May at QV Melbourne, ahead of a local online store. ADLV co-founders Jinmo and Jaemo Goo launched the streetwear business in 2017, and opened its first store in Korea’s Gangnam district. Since then, the brand has launched more than 50 stores in Asia and collaborated with Disney, Pink Fong, Kakaotalk and The Simpsons.

Fashion 262
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Blue Nile Beefs Up Leadership Team with Former AWS, Timex Execs

Retail TouchPoints

Digital diamond and fine jewelry retailer Blue Nile has made two new additions to its executive team: Jason Moss has joined in the new position of COO, and Ben Abitbol will take on the new role of SVP of Supply Chain. Moss brings a decadeof leadership in a variety of high-tech businesses to his new role. Previously a director at Amazon Web Services , Moss will set the vision and strategy for marketing, ecommerce and technology.

Jewelry 252
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Impossible Foods is coming: Behind the US juggernaut’s Australian launch

Inside Retail

Impossible Foods, the US business famed for its plant-based alternative now at Burger King in the States, has been reported to go public within the next 12 months. Sources familiar with the matter informed Reuters that Impossible Foods Inc is exploring an initial public offering (IPO) which could value the business at around $10 billion, highlighting the growing demand for plant-based meat products globally.

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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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Expert round-up: The state of in-store marketing in 2021

Tokinomo

Retail is changing as we speak. COVID-19, the iceberg that hit the whole retail industry is slowly (too slowly) melting away, but its effects will continue to impact this industry for many years. Innovations, retail tech, providing only the best for customers, offering shoppers amazing experiences, and availability on all channels are all impacting the way retailers sell to customers.

Marketing 244
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Gap Kids pop-up ‘The Little Boutique’ launches in Westfield, White City

Retail Focus

American clothing and accessories retailer Gap have announced the opening of ‘The Little Boutique’, a pop-up GapKids shop located in Westfield, White City. The pop-up will sell clothing and gifts for babies and toddlers (0-5 years), and include many exclusive products not available in other Gap stores. The space will also include a while-you-wait customisation station, where you can add an embroidered name or fun monogram to the items you purchase, making for a truly meaningful gift. 1 of 3.

Boutique 214

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Playful Pangaia pop-up at Selfridges features an ever-changing spectrum of light

Retail Focus

To celebrate the launch of Pangaia at Selfridges, installation specialists Diagon and designer Bevan Roper have unveiled a brand-new retail environment for the material science brand. Housed in the world’s most famous department store, the space will provide an immersive customer experience, as retailers reopen their doors following months in lockdown.

ATS 214
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Petco Pledges to Make 50% of its Pet Products Sustainable by the End of 2025

Retail TouchPoints

Petco has committed to increasing its assortment of sustainable products to 50% by the end of 2025, reinforcing its pledge of corporate social responsibility. The initiative calls for an expanded inventory of pet products that align with at least one of the company’s sustainability pillars: Responsible manufacturing: Brands and products that keep the environmental impact in mind during production; Sustainably sourced materials: Items made with materials like organic cotton or recycled nylon; Sus

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Anya Hindmarch to launch destination for experiences, collaborations and exhibitions

Retail Focus

The Village, launching on Monday, 17 th May 2021, is the realisation of a long-held dream by Anya Hindmarch, one of Britain’s most successful designers. The Village will be a collection of five neighbouring Anya Hindmarch stores located just off Cadogan’s Sloane Street, which is the original home of the Brand. It will be the destination for Brand experiences, collaborations and exhibitions, all of which will be amplified digitally.

Location 214
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CCS 2021: Levi’s, 1-800-FLOWERS, Under Armour Reveal How They’re Meeting Fast-Changing Consumer Expectations

Retail TouchPoints

The 2021 Connected Consumer Series reflected the challenges retail (and society as a whole) have faced during the past year, but also the growing sense of optimism that is taking hold this year. The 15 sessions, now available on demand, encompass critical areas of the retail enterprise, including: customer loyalty strategies; visual tech developments such as AR and 3D modeling; fulfillment and delivery management; the power of social networks; fast-growing Buy Now, Pay Later services; and the al

Consumer 138
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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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All-in-one fresh foods market, catering and event location BRIDGE opens in Zurich

Retail Focus

Interstore | Schweitzer has created and implemented the new 2000 m² BRIDGE market Flexstore concept in Zurich for the largest Swiss retail company, Migros. BRIDGE market has been conceived as the connector between a diverse fresh food market, creative catering with products from local partners and a wide range of events. Located in a strategic hub easily reached by train, BRIDGE attracts both travellers as well as local foodies wanting to make sustainable purchases at the new food Mecca & di

Location 205
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What VF Corporation learned about its customers during the pandemic

Inside Retail

Thirty-two per cent of customers will walk away from their favourite brand after a single bad experience, according to a PwC study, so even at the height of the pandemic, US apparel and footwear company VF Corporation remained focused on putting customer needs first. “When everything was going digital, we really took a deep dive and asked our consumers what they needed from us and we looked into what the sentiment was, as many other brands did too, but we wondered, how do we respond to the needs

Consumer 130
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High-end pop-up provider Residency takes space at Islington Square

Retail Focus

Cain International, the privately held real estate investment firm operating in Europe and the United States, has agreed a new lease with temporary retail space provider, Residency, for a 1,950 sq ft unit at its contemporary mixed-use development in north London, Islington Square. Residency is an innovative pop-up shop solution that offers temporary retail space to brands in a prime location and created by London-based interior architect, Andrew Martin.

ATS 162
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CBD spending recovery underway, says CommBank

Inside Retail

Consumer spending across Australia’s central business districts has grown 22.4 per cent in the last six months, with workers slowly returning to workplaces following the easing of Covid-19 restrictions. According to data from Commonwealth Bank, Gen X and older millennials aged between 35-49 led this spending increase across most CBDs, though Sydney and Melbourne saw spending growth mainly from younger millennials.

Returns 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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Stores may need to change experiences to get shoppers to come back

Retail Wire

Consumers have increasingly gone online to buy the products they need during the novel coronavirus pandemic. Retailers looking to attract shoppers back into stores know that putting products on store shelves and racks is not enough anymore. Pop-up shops, frequently changing merchandise, exclusivity and sustainability are just some of the angles that retailers are expected to pursue as they look to give consumers reasons to shop in person.

Consumer 130
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Christine Holgate presents a compelling story of Morrison’s bullying

Inside Retail

A wronged woman with a razor-sharp mind and meticulous records is a dangerous creature. Especially when delivering a counter punch to a prime minister who’d denounced her in the bully pit of parliament when he was ill-informed, angry and driven by short-term politics rather than balanced judgement. Former Australia Post CEO Christine Holgate, appearing before a Senate inquiry on Tuesday, inflicted serious a blow on Scott Morrison and left Australia Post chair Lucio Di Bartolomeo badly wounded.

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Amazon unveils new private label grocery line

Retail Wire

Amazon.com has launched Aplenty, a new private label food and snack brand that will be available online and in-store at Amazon Fresh locations. The line, which Amazon plans to expand, will be comprised of items from a wide variety of categories, including baking needs, condiments, frozen foods and snacks.

Location 130
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Your Future, Your Super – is your business ready?

Inside Retail

With only three months to go until the Australian Governments proposed reforms are anticipated to begin, retail industry superannuation fund Rest is urging business owners and employers to familiarise themselves with the proposed changes so that they can understand how the shifts might impact their business and employees. Expected to take effect 1 July, the reforms will see changes to the way employers pay super contributions to their new starters.

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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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Nike to sell refurbished sneakers

Retail Wire

Nike announced that it will refurbish sneakers returned within 60 days of purchase and resell them at a lower price. Sneakers will be sold under three designations: “Like New,” “Gently Worn” or “Cosmetically Flawed.” Customers buying the refurbished shoes will have 60 days to return them to Nike. The brand currently carries the Nike Refurbished line in fifteen of its stores and plans to add more later this year.

Returns 130
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Grab agrees to US$40 billion merger, clearing way to list in the US

Inside Retail

Southeast Asia’s biggest ride-hailing and food delivery firm Grab Holdings agreed a merger on Tuesday with US-based Altimeter Growth Corp in a deal that values Grab at an initial proforma equity value of about US$39.6 billion and will lead to a public listing. The merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as shell firms have raised $99 billion in the US so far this year after a record $83 billion fundraising in 2020.

ATS 130
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eCommerce Pricing: How to Price for Marketplaces vs. Your Website

Wiser

Quantity or quality. At the risk of oversimplification, these are the two buckets that make up your eCommerce traffic. You can get a lot of people checking out your brand online. Or you can get the right people. It’s finding that balance that is so critical to success. We’re going to focus on the quality side of things in this blog—specifically, how you can convert more visitors into paying customers through effective eCommerce pricing.

Markdowns 148
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Analysis: How Covid-19 pushed NZ retailers online

Inside Retail

Globally, the retail sector has been undergoing a significant transformation marked by a shift towards online commerce, evolving consumer habits and increased competition due to easy access to international retailers. New Zealand has not been immune to this transformation, although domestic trends have tended to adapt at a slower pace compared to other countries.

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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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Government hits pause on J&J COVID-19 vaccine

Retail Wire

The Centers for Disease Control and Prevention and the Food and Drug Administration are investigating reported claims of rare blood clots developing in people who have received Johnson & Johnson’s COVID-19 vaccine. The agencies are recommending a pause on distribution of the J&J one-dose vaccine out of an abundance of caution while they investigate if there is a direct connection between adverse reactions and one death to this particular shot.

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Inside Miele’s newest Experience Centre in Melbourne

Inside Retail

German appliances manufacturer Miele has opened a new Experience Centre at Westfield Doncaster near Melbourne, the first to feature Miele’s 2.0 display format, which uses LED lighting to place the focus squarely on the appliances, rather than the surrounding cabinetry. . Showcasing a range of Miele laundry appliances, dishwashers and floorcare products, the Doncaster store also features a ‘future kitchen’ stocked with smart appliances, free live cooking and appliance demonstrations and digital t

Location 130
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Cisco + The NFL = The Connected League

Cisco Retail

Cisco began to invest in the sports and entertainment industry beginning in 2008 with the creation of a single converged network that would support the future of connectivity in a venue. We’ve come a long way since then, and that technology and numerous others have been relied upon by hundreds of venues in countries around the world. One of the most prominent is Sofi Stadium and Hollywood Park in Los Angeles.

Marketing 129
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Robots deliver Domino’s orders in Houston

Retail Wire

Domino’s Pizza is running a pilot program that used autonomous delivery vehicles to deliver online orders to customers in Houston. Customers placing orders are texted a PIN to enter on the robotic vehicle’s touchscreen to access their food when it arrives.

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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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Carling kicks off football shirt competition

Talking Retail

Carling is partnering with sportswear brand Umbro to launch an on-pack competition to win one of 10,000 limited-edition football shirts. To be in with a chance of winning, shoppers will need to find a golden can hidden in promotional 10-can and 18-can multi-packs of Carling and redeem a code found on each pack on the. This story continues at Carling kicks off football shirt competition.

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Higher gas prices fuel fear over inflation

Retail Wire

Gasoline prices were up 9.1 percent in March, driving a 0.4 percent increase in the Consumer Price Index, slightly higher than what economists were expecting. Core inflation prices, which do not include food and fuel, were up 0.1 percent from February.

Consumer 100
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How Cybersecurity Found Me: My Career Journey

Cisco Retail

Fresh out of college at Emory University (go Eagles!), I landed a strategy consulting role with a top firm and headed to Washington, DC. The work was challenging and provided an amazing view into the inner workings of some amazing clients across a broad range of markets. While I enjoyed the job, I wanted more. I wanted to be closer to the action and execution, but I needed to figure out how to make that move.

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FDA lays out multiyear plan to cut heavy metals in baby food

Retail Wire

The Food and Drug Administration, which has set maximum allowable levels of heavy metals in such products as bottle water, is now looking at a multiyear plan to issuing similar guidance for baby foods. “Although action levels are not binding, we have seen that, over the years, our guidance on action levels and other actions have contributed to significant reductions of toxic elements in food,” an FDA spokesperson wrote in a statement.

Planning 100
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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.