Inside Retail
MARCH 2, 2022
Lockdowns and store closures have severely affected David Jones’ first-half performance, with sales turnover and concessions declining by 9.2 per cent. Online sales rose 44.2 per cent however, and contributed 28.1 per cent of total sales during this period, and comparable store sales fell 9 per cent – only to pick up in the last six weeks of the period, including Boxing day sales, growing 3.2 per cent. .
Retail TouchPoints
MARCH 2, 2022
Walmart is helping ecommerce shoppers get a better idea of how clothes will fit them with Choose My Model, a digital experience that lets shoppers select from 50 models between 5’2” to 6’0” in height and sizes XS to XXXL. This solution lets shoppers put someone who matches their height, body shape and skin tone into product previews. The option is available on both the Walmart app and at Walmart.com and currently supports both private label and national brands, including Free Assembly, Scoop, So
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Inside Retail
MARCH 2, 2022
Amazon is planning to shut all 68 of its physical bookstores, Amazon 4-star, and Pop up stores across the US and UK, shifting its focus to the groceries businesses and new retail concepts, the company told Reuters. The e-commerce giant started its business as an online bookstore with the first permanent brick and mortar outlet opening in 2015 in Seattle.
Retail TouchPoints
MARCH 2, 2022
Following a successful 2021 pilot that offered brands sponsored on-site ads, Nordstrom Media Network (NMN) has expanded to include off-site channels including paid social and display ads, YouTube video, search and shopping ads and affiliate campaigns. NMN’s programs, which generated $40 million in revenue in 2021, are designed to connect brand partners with the retailer’s 32 million customers and drive both digital performance and in-store engagement.
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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.
Retail Wire
MARCH 2, 2022
Workers at an Amazon Fresh store in Seattle are calling on their fellow associates to get behind a push to organize the workplace. The associates seek higher pay (a $25 an hour minimum), longer breaks, a more flexible attendance policy and other benefits. Current starting pay at the store is $18.25 an hour.
Retail TouchPoints
MARCH 2, 2022
Kicking off Women’s History Month with some kicks, eBay announced the exclusive drop of its Trailblazers Collection of sneakers inspired or designed by influential women in the sneakerhead community. The collection includes multiple women-inspired designs, such as the Nike Air Swoopes — created for WNBA icon Sheryl Swoopes — and the Air Jordan II Retro “Violette,” designed by Vashtie Kola, whose sneaker served as the first female-designed Air Jordan collaboration.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
MARCH 2, 2022
Some retailers lament the woes of Amazon and other marketplaces cutting into their sales, profit, market share and valuation. Some retailers launch their own marketplace to become the disruptor instead of the disrupted. Retailers large and small have transformed their businesses with the marketplace business model and technology. Walmart, Target, Home Depot and most big box retailers run their own successful marketplaces.
Inside Retail
MARCH 2, 2022
In 1986, Venessa and Elio Nappa opened their very first salon in the Queen Victoria Building in Sydney. Fast forward almost 40 years later, and it’s now a multimillion dollar business run by their sons Anthony and Guy Nappa, who began working in the business as children. In honour of International Women’s Day, we have a great chat with Venessa, Anthony and Guy, about what it was like growing up in the family business and the incredible insights they learnt from their mother. .
Retail TouchPoints
MARCH 2, 2022
Announcing a $5 billion social purpose platform named Mission Every One, Macy’s outlined the contours of its commitment to create positive social change. Through three pillars — people, communities and planet — the retailer will utilize its people’s talents and its heritage to create positive environmental and social impacts by 2025. Additionally, per a commitment made in November 2021, Macy’s will raise its minimum pay rate across all company businesses to $15 per hour by May 1, 2022.
Inside Retail
MARCH 2, 2022
It’s early on Monday morning. You’ve spent the weekend trying to catch up on the work you didn’t get done last week. There is so much to do, and your team has dropped the ball – again. Sending work back to redo is making them resentful. Redoing it yourself is making you resentful. Let’s face it, it would have been easier to do it yourself in the first place.
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.
Retail TouchPoints
MARCH 2, 2022
Qurate Retail Group has restructured its organization and launched a new business unit focused on livestreaming as it looks to “accelerate its leadership in video commerce.”. The new structure is designed to strengthen differentiation between QVC and HSN by giving each brand’s team direct control over its own merchandising, planning and programming, brand marketing, broadcast and ecommerce operations.
Inside Retail
MARCH 2, 2022
As Russia’s attack on Ukraine continues to escalate, the global business community has stepped up, donating millions of dollars to organisations supporting relief efforts on the ground. On Wednesday, Bestseller, the Danish company behind fashion brands such as Jack & Jones and Vero Moda, said it would donate DKK 100 million (A$20.5 million) to UNICEF, UNHCR, and the Red Cross, via its parent company Heartland.
Retail Wire
MARCH 2, 2022
Walmart is rolling out Chose My Model, a virtual try on technology developed by its Zeekit group. The retailer acquired Zeekit in May. “Everything comes back to providing the customer with the confidence to make that purchase,” said Denise Incandela, executive vice president of apparel and private brands for Walmart U.S. “We want to have a best in class shopping experience online and we feel like this is shopping of the future and we wanted to lead the way.”.
Inside Retail
MARCH 2, 2022
While other businesses may be playing catch-up in the sustainability space, lifestyle retailer Elk had ethical manufacturing at the heart of its brand from the start. Founder Marnie Goding discusses how the business will up the ante in 2022. Australian Retail Outlook: How did Elk fare in 2021 – what were some of the challenges and highlights? Marnie Goding: It was a year we are proud to reflect on, because despite its challenges and the industry taking hits we will never recover from (such as mo
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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.
Cisco Retail
MARCH 2, 2022
Terraform expands into the extensive Cisco IOS XE programmability and automation ecosystem. IOS XE’s vast, programmable feature set. The Cisco IOS XE ecosystem is programmatically managed and supports a variety of tooling. This includes Ansible to YANG Suite, pyATS over NETCONF, RESTCONF, gNxI, and even with legacy CLIs. With the addition of the new Cisco IOS XE Terraform provider, we add an additional tool into the IOS XE configuration management toolbox.
Retail Wire
MARCH 2, 2022
Duvall Hecht, who turned his daily commute to work into Books on Tape, has died at the age of 91 from congestive hear failure. Mr. Hecht, who won an Olympic gold medal in rowing, was working at a brokerage firm when the idea for audio books came to him.
Cisco Retail
MARCH 2, 2022
As SD-WAN has evolved to connect users across multicloud, branch, datacenters, and hybrid workforce; enterprises and organizations alike need a network analytics solution that provides enhanced visibility and insights to help them take control over such a dynamic environment.?. The integration of Cisco SD-WAN and ThousandEyes brings end-to-end visibility into application delivery and network performance beyond the traditional enterprise network boundaries.
Retail Wire
MARCH 2, 2022
Apple has stopped the sales of its products in Russia. “We are deeply concerned about the Russian invasion of Ukraine and stand with all of the people who are suffering as a result of the violence,” Apple said in a company statement. “We are supporting humanitarian efforts, providing aid for the unfolding refugee crisis, and doing all we can to support our teams in the region.”.
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
Cisco Retail
MARCH 2, 2022
In my experience, I’ve found that there are many ways to innovate. In my current role in Cisco’s Customer Partner Experience Chief Technology Office , I generate and collect insights that shape our strategy, interface with our teams around the globe and mentor innovators from ideation to iteration to execution. In my 40 years of experience in networking and related fields, including 22 years at Cisco and 17 years as a Distinguished Engineer, I’ve seen innovation work best through the following g
Retail Wire
MARCH 2, 2022
Omicron and supply chain disruptions kept Abercrombie & Fitch from meeting Wall Street’s expectations during the fourth quarter. The clothing retailer posted sales of $1.16 billion, above 2020’s $1.12 billion but below the $1.18 billion expected by analysts. The company’s profit per share of $1.14 also fell short of the $1.27 estimate.
Inside Retail
MARCH 2, 2022
Adore Beauty CEO Tennealle O’Shannessy has been recognised as the most impressive and inspiring leader in Australia’s online retail industry, ranking number one in Inside Retail’s 2022 Top 50 People in E-Commerce. You can download the report for free here. . Sponsored by CouriersPlease, the Top 50 highlights the talented people working behind the scenes in all areas of e-commerce.
Retail Wire
MARCH 2, 2022
Nordstrom has forecast revenues to grow between five and seven percent this year as the retailer continues to build its online sale and addresses key issues. “Our primary focus is on three areas: improving Nordstrom Rack performance, increasing profitability and optimizing our supply chain and inventory flow,” Nordstrom CEO Erik Nordstrom said in a statement.
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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.
Hyken
MARCH 2, 2022
Never being late … that’s not realistic. It’s going to happen. It’s not a question of if. It’s when. . But you might say, “It’s not my fault!” And maybe it’s not. For example, you may be driving to a lunch meeting, and a car accident shuts down the highway making you. And it’s not just about arriving late to a commitment. It could be a delay in shipping a product.
Retail Wire
MARCH 2, 2022
The U.S. Federal Trade Commission has been investigating supply chain disruptions and rising prices for consumer goods as it receives more complaints from small grocers and others over the high costs of goods. Colgate has come under scrutiny as its portfolio of products now include a $10 toothpaste. The company said the toothpaste in question is reasonably priced based on its “demonstrated efficacy to whiten teeth.”.
Cisco Retail
MARCH 2, 2022
Cisco Catalyst 9136. Let’s be honest, no matter where you live or work, the last few years have been a challenge. But you know what they say about challenges, right? They’re just opportunities that you never saw coming. Aphorisms aside, the challenges of the last few years have presented you with an opportunity. The opportunity to transform your workplace into a place that is powered by hybrid work.
Retail Wire
MARCH 2, 2022
The price for a barrel of Brent crude oil rose to $113 yesterday. West Texas Intermediate rose to $111. Prices have spiked as a result of Russia’s invasion of Ukraine.
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
Nvidia
MARCH 2, 2022
The very thing that makes the internet so useful to so many people — the vast quantity of information that’s out there — can also make going online frustrating. There’s so much available that the sheer volume of choices can be overwhelming. That’s where recommender systems come in, explains NVIDIA AI Podcast host Noah Kravitz. To dig into how recommender systems work — and why these systems are being harnessed by companies in industries around the globe — Kravitz spoke to Even Oldridge, senior m
Cisco Retail
MARCH 2, 2022
Last week, ThousandEyes hosted its very first Partner Connection event and to the nearly 5,000 participants that signed up – thank you. Thank you for your interest, for showing up, and for being a partner in every sense of the word. In today’s new reality, cloud has become the new data center, SaaS the new application stack, and home the new office.
Retail Dive
MARCH 2, 2022
After growing its sales and stealing market share in recent years, the retailer is still hungry for new markets and customers.
Cisco Retail
MARCH 2, 2022
The word is spreading. In our Cisco Optics blogs and the Cisco Optics Podcast , we discuss optics as they are related to network technology and operations. Now that discussion is reaching beyond Cisco media platforms. Back in September of 2021, Barabara Call of Network World interviewed me about the growing importance of pluggable optics. It was part of their series on the Internet for the Future.
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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.
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