Thu.Sep 23, 2021

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Amid Current Hiring Crunch, Diversity has Become Even More Critical to Retail Success

Retail TouchPoints

Diversity and hiring are both huge areas of focus for retailers at the moment, and now the two are converging as jobseekers find themselves with the upper hand in a tight labor market. As employers across the business spectrum try to woo workers with wage hikes and perks, many jobseekers are using more personal metrics, such as their own ethical and sociopolitical alignment, to choose their future employers.

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Value of inner city logistics hubs to soar as e-commerce grows: CBRE

Inside Retail

Sydney alone will need to increase its overall logistics footprint by at least 720,000 sqm over the next four years in order to keep up with the rising relevance of online shopping, according to a new report from property firm CBRE. The business’ Sydney Industry and Logistics Land Supply report forecasted that a lack of industrial space in the inner city, coupled with increasing e-commerce use, will drive a major change to how retailers operate logistically.

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Holiday Shopping 2021: How SEOs Can Help Clients Inspire, Deliver and Sustain

Retail TouchPoints

Every SEO strategy session with clients these days should include a moment of recognition and praise for how hard business owners are working to keep serving the public amid monumental challenges. As SEOs [search engine optimizers], any heavy lifting we can do to clear a path for our clients toward success in the holiday shopping season will be especially welcome in 2021.

Shopping 260
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Gamified and global: How Wish aims to compete with Amazon

Inside Retail

San Francisco-based mobile shopping app Wish has kicked off a campaign to dramatically increase the number of merchants on its platform from countries other than China. It has hired people in Australia, Brazil and Europe to make contact with local brands, slashed its commission rate to attract new sign-ups and promised significant exposure through its internal advertising machine.

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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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Target giving more hours to current associates, reducing seasonal hires for the holidays

Retail Wire

Target said it plans to focus on providing five million more hours to its current employees throughout the holiday season and reduce the number of new hires it brings on. “We have worked to provide our team members with more consistent schedules, which means more consistent paychecks and a more consistent way to manage their life,” said Melissa Kremer, Target’s chief human resources officer. “Additionally, we are offering more hours to team members who want them and conti

Planning 246
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VIDEO: How streetwear unicorn StockX keeps one step ahead of customers

Inside Retail

Resale streetwear and lifestyle platform StockX is one of the hottest retailers at the moment, where customers can purchase exclusive, authenticated products from sneakers to handbags from sellers or its DropX model concept. The Detroit-based platform first launched in 2016 as an online marketplace and now sells into more than 200 countries and territories.

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Sustainability in retail: trend or necessity?

Tokinomo

Grocery stores and other retail shops focused on hygiene and safety during the Pandemic, which was expected. However, sustainability in retail remains a key priority for customers. How can retailers adapt and offer sustainable alternatives if they have more pressing problems, like the supply chain ?

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Don’t be Scared: Halloween Spending to Reach Record Highs

Retail TouchPoints

Consumer spending on Halloween-related items is expected to reach an all-time high of $10.14 billion this year, according to the National Retail Federation ’s annual survey conducted by Prosper Insights & Analytics. . That COVID innovation, the “candy chute” (which allowed homeowners to hand out Halloween candy while maintaining social distancing) is so 2020.

Consumer 206
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Tommy Hilfiger upsizes at London Designer Outlet

Retail Focus

Fashion brand Tommy Hilfiger is set to significantly upsize in London Designer Outlet following the success of its pop-up store at the outlet one year after it opened its doors. Throughout the pandemic, London Designer Outlet has welcomed a number of new brands, many of which signed their deals over the past 18 months, including Radley, Lyle & Scott, NICCE and Police.

ATS 162
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Vestiaire Collective raises US$210 million as orders surge

Inside Retail

Pre-loved fashion online platform Vestiaire Collective has raised US$210 million during its latest financing round, bringing its value to US$1.7 billion. Backed by SoftBank Vision Fund 2i and Generation Investment Management, the round is joined by existing shareholders, including Bpifrance, Conde Nast and Eurazeo. Vestiaire Collective said the funds will allow it to further accelerate towards its long-term strategic objectives, which includes global expansion plan and proprietary technology enh

Finance 130
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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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Companies add software bots to automate office functions

Retail Wire

Walgreens Boots Alliance is among a growing number of companies deploying software bots to manage tasks across a wide variety of business disciplines including finance, human resources and logistics. Up to 40 percent of companies have increased their use of bots and other automation since the beginning of the pandemic, according to International Data Corp.

Finance 130
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Nominations for the 2022 Top 50 People in E-Commerce closing soon

Inside Retail

Inside Retail is accepting nominations for the 2022 Top 50 People in E-Commerce, an annual report recognising the best and brightest in online retail. We’re looking for talented and inspiring leaders who have driven success and innovation in their business as well as had a positive impact on the broader community. If you know someone who fits this description — or if it sounds like you — be sure to nominate them by September 30 so they can be considered for next year’s list. .

Fashion 130
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Apple giving retail associates a bonus of up to $1K

Retail Wire

Apple is giving retail employees who joined the company prior to March 31, a one-time bonus of $1,000. Those who joined the company after that date will receive bonuses from $200 to $500, depending on when they were hired.

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Factory Buys: case study of the importance of online review

Inside Retail

With the rise of online shopping thanks to the Coronavirus pandemic, it’s plain to see just how important it is for consumers to trust where they are buying from. The current state of the world has placed less of a reliance on viewing and testing products in store. With this comes an inherent risk to consumers, and many questions, including: How can I trust that I am buying a good product from a reputable source?

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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Mitigating Dynamic Application Risks with Secure Firewall Application Detectors

Cisco Retail

As part of our strategy to enhance application awareness for SecOps practitioners, our new Secure Firewall Application Detectors portal, [link] , provides the latest and most comprehensive application risk information available in the cybersecurity space. This advance is important because today’s applications are not static. In fact, applications are continuously evolving as new technologies and services emerge.

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AI in the Sky: NVIDIA GPUs Help Researchers Remove Clouds from Satellite Images

Nvidia

Satellite images can be a fantastic civil engineering tool — at least when clouds don’t get in the way. . Now researchers at Osaka University have shown how to use GPU-accelerated deep learning to remove these clouds. . The scientists from the university’s Division of Sustainable Energy and Environmental Engineering used a “generative adversarial network” or GAN. . “By training the generative network to ‘fool’ the discriminative network into thinking an

Consumer 140
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Why raising minimum wage is no longer enough to draw in retail workers

Retail Dive

Workers are not responding to these cues as they traditionally have. Why? Most retailers are using an outdated hiring playbook, write Alvarez and Marsal's David Ritter and Conor Gaffney.

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The Cisco DNA Expansion Pack is replacing Cisco DNA Premier in Switching and Wireless

Cisco Retail

What is the Cisco DNA Expansion Pack? The Cisco DNA Expansion Pack is a more flexible way to purchase Cisco ISE, Cisco DNA Spaces, Secure Network Analytics (Stealthwatch), ThousandEyes and other licenses, appliances, and services all in one convenient “point and click” ordering menu. Just as you look forward to the latest expansion pack for your favorite video game to help you level up and get the most out of your investment, the Cisco DNA Expansion Pack will enhance your Cisco DNA solutions exp

Location 125
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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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Buc-ee’s is building the world’s largest c-store

Retail Wire

Buc-ee’s Family Travel Center broke ground this week on what will eventually be a 74,000-square-foot store. Being billed as the largest convenience store in the world, the location in Tennessee will have 120 fueling stations, charging stations for electronic vehicles and a car wash stretching over 250 feet long. When completed, it will surpass a Buc-ee’s in Texas, which currently holds the title as the largest c-store on the planet.

Location 100
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Teamwork Makes the Dream Work: GFN Thursday Celebrates Team17 Titles Streaming From the Cloud

Nvidia

GFN Thursday is all about bringing games powered by GeForce NOW’s GPUs in the cloud to gamers. Today, that spotlight shines on Team17, the prolific publisher behind many games in the GeForce NOW library. The party gets started with their newest release, a day-and-date launch of Sheltered 2 , streaming on the cloud alongside the 12 additions to the GeForce NOW library this week.

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Workers don’t think they are being paid enough

Retail Wire

It’s a job seeker’s market with wages going up and companies adding more generous benefits. Most of those currently employed, however, are not overwhelmed with their pay packages that they say are at or below market rates, according to a PayScale report. Fifty-one percent of all workers believe they are underpaid, even if their wages are in line with the market.

Marketing 100
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Target announces plans to hire 100K seasonal workers

Retail Dive

The retailer is planning to make fewer hires this holiday but it is offering existing staff an additional 5 million hours and a more flexible schedule.

Planning 121
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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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California bill puts restriction on warehouse productivity quotas

Retail Wire

Companies operating fulfillment centers and other warehouse facilities in California will be restricted from setting productivity quotas that make it difficult or impossible to take breaks or force workers to sidestep health and safety laws. A.B. 701, as the bill is known, has been signed by Gov. Gavin Newsom and will go into effect on Jan. 1. “The hardworking warehouse employees who have helped sustain us during these unprecedented times should not have to risk injury or face punishment as a re

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Doing the Math: Michigan Team Cracks the Code for Subatomic Insights

Nvidia

In record time, Vikram Gavini’s lab crossed a big milestone in viewing tiny things. The three-person team at the University of Michigan crafted a program that uses complex math to peer deep into the world of the atom. It could advance many fields of science, as well as the design for everything from lighter cars to more effective drugs. The code, available in the group’s open source repository , got a 20x speedup in just 18 months thanks to GPUs.

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Restaurants face unhappy customers over drive-through problems

Retail Wire

Restaurant drive-throughs have gotten slower this year, according to SeeLevel HX’s annual mystery shopper study. Average time to get through a line has increased by more than 25 seconds from a year ago. The research at nearly 1,500 locations from 10 different restaurant chains also found that order accuracy dropped to 85 percent this year, down from 87 percent in 2020.

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Shoppers are looking for lower prices, says data

Talking Retail

Convenience shoppers are already becoming more budget conscious, suggest latest figures from Lumina Intelligence. The analyst’s latest data, which covers the four weeks to 25 July, indicate that the average amount spent per week by convenience store shoppers fell 1% to £23.27. During the same period the number of items per basket remained stable, which.

ATS 111
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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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Brilliant Earth halves number of shares, lowers price in IPO

Retail Dive

"We're holding on to our shares because we think there's so much tremendous long-term value," CEO Beth Gerstein said in an interview ahead of the opening bell Thursday.

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Sanicat unveils new design on sustainable packaging

Talking Retail

Cat litter brand Sanicat has rolled out a new pack design to give shoppers “clearer and greener choices when shopping for petcare products”. The new design will run across the brand’s core products, including Sanicat Classic, Sanicat Clumping and Sanicat Plant-Based. The packs are made from FSC certified paper, which the brand said has already. This story continues at Sanicat unveils new design on sustainable packaging.

Shopping 103
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My Skyrocketing Career Growth at Cisco!

Cisco Retail

A lot can happen when you’re working hard and having fun, and I can attest to that being true at Cisco. In just four years’ time, my career as a Cisco network engineer has skyrocketed! Not only have I received two promotions, but I was selected twice to speak at Cisco Live, awarded Restricted Stock Units (RSU) two times, selected as a sponsee for the Multiplier Effect Sponsorship program and as a Career Guide, and transitioned from Consulting Engineer to Product Manager.

ATS 100
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Walmart simplifies shopping for eco-friendly and healthy products

Retail Dive

The retailer has created an online shopping destination called Built for Better that includes items with independent certifications.

Shopping 108
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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.