Retail TouchPoints

JUNE 20, 2022

The world has entered the next frontier of a commerce technological revolution. Move over real life; the metaverse is here. Welcome to the Metaverse. Brands are beginning to utilize the metaverse by creating hubs where customers can interact and share experiences, learn about products and services and shop for digital and real-life goods. Savvy retailers will profit by linking brand pages from their metaverse location to existing websites.

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Inside Retail

JUNE 20, 2022

Dan Murphy’s MD, Alex Freudmann, is set to join Marks & Spencer (M&S) as MD of Food this November, following his resignation from Dan Murphy’s last month. Freudmann will sit on the executive committee and succeed Stuart Machin, who was appointed as CEO of M&S last month. Before taking on the new role on November 1, he will remain in his role at Dan Murphy’s while a replacement is found and a transition completed.

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Retail Focus

JUNE 20, 2022

French fashion and lifestyle brand IKKS Paris has opened a new flagship store in iconic London shopping destination Carnaby Street, marking the brand’s entry into the UK. Bringing Parisian attitude and a sense of free spirit to London, the first shop is located at 3 Carnaby Street. The 2,610 sq ft store spans two floors with a full collection of womenswear, menswear, and kidswear.

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Inside Retail

JUNE 20, 2022

If you found yourself searching for at-home workout videos during the height of the pandemic, you were not alone. Despite gyms and workout studios operating on limited capacities in the past two years, the demand for gym wear remains red hot in Asia. On the global scale, research from McKinsey & Co. shows that the sportswear market in 2021 was almost entirely recovered to pre-pandemic sales.

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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 Wire

JUNE 20, 2022

Starbucks’ North American president, Rossann Williams, is leaving after declining to take another position within the company. She is being replaced by Sara Trilling, president of the coffee giant’s Asia Pacific business. Ms. Williams has been leading Starbucks’ response to unionizing efforts at it stores.

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ATS 130

Inside Retail

JUNE 20, 2022

Australian leakproof underwear-maker Modibodi has unveiled a new brand identity as it gears up to offer a full range of apparel catering to all of life’s leaks. The new brand identity – life-changing apparel – comes from customer feedback, and is being communicated through a new campaign video that aims to normalise natural human experiences that are seen as taboo.

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Inside Retail

JUNE 20, 2022

Meta has recently announced a series of new initiatives to support the development of the metaverse in Hong Kong. The company will work closely with a wide range of partners that include local cafe chains, creators, educators, arts and culture groups and non-profit organisations. “Hong Kong plays a key role in the technology ecosystem of the Asia-Pacific region, and Meta remains committed to driving economic and technological development in this market,” said George Chen, Managing Director of Pu

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Small Biz Trends

JUNE 20, 2022

Inflation is a pressing issue in the minds of economists and policymakers alike. It’s been on the rise throughout the world, with seemingly no countries immune to its effects. So what’s behind this troubling trend, and why does it seem to be getting worse? This article will explore some potential causes of inflation in 2022. Let’s get started!

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Inside Retail

JUNE 20, 2022

Retail Food Group (RFG), the listed multibrand food chain franchisor, says customer counts across its networks are up by an average of 10.1 per cent on year during the second half of this financial year. Coffee brands with a high presence in shopping centres showed the highest growth, with Michel’s Patisserie up by 17.3 per cent, Gloria Jean’s by 14.2 per cent, and Donut King by 13.4 per cent.

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Retail Wire

JUNE 20, 2022

At least 150 people put more than $13 million into what they thought was an investment deal that would bring big returns on the sale of rare wines and whiskeys. Lawsuits now allege that it was all an elaborate scam.

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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 20, 2022

A $250 million development plan is set to transform a 3.6ha Adelaide plot into a modern food and retail-oriented mixed-use centre featuring apartments and a piazza-style market square. The project, dubbed ‘Locale’, will be built on the former site of furniture store Le Cornu which ended operations in 2016. The land was then sold to German hypermarket Kaufland which planned to build a flagship store there before cancelling plans to launch in Australia in 2020.

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Retail Wire

JUNE 20, 2022

Biggerstaff Brewing Co. planned to use coffee as an ingredient in some of its brews. Its owners then decided that maybe there was a bigger opportunity, so the business began serving coffee early in the morning when people aren’t drinking beer. “If you’re paying rent, why not have something in-house that makes money during the day, not just at night like most brewpubs?

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Inside Retail

JUNE 20, 2022

Eric Morris knows a thing or two about bold moves. As the former CEO of PAS Group for 17 years, Morris guided the business from voluntary administration in 2020, to private equity acquisition last year, to a merger with Brand Collective this year. . In his current role as CEO of Brand Collective, he oversees a portfolio of 26 fashion and footwear brands and 15 character licences with a combined annual revenue of more than $600 million – proving that sometimes the biggest moves take patience and

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Retail Wire

JUNE 20, 2022

Meta’s new digital fashion marketplace will have avatars that wear items from the portfolios of Balenciaga, Prada and Thom Browne. “When Meta tweeted, we were instantly into it,” said Balenciaga CEO Cédric Charbit. “Web3 and Meta are bringing unprecedented opportunities for Balenciaga, our audience and our products, opening up new territories for luxury.”.

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Fashion 100

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

Small Biz Trends

JUNE 20, 2022

The Feds raised the interest rates by.75% this week. That’s not good news, especially as it comes on the heels of May’s.50% increase. Another Federal Reserve meeting is scheduled for the end of July and economists predict interest rate increases again before the end of the year, by as much as 1.75%. Why is the Federal Reserve raising interest rates?

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Payment Services 111

Retail Wire

JUNE 20, 2022

Jaz Brisack went from the University of Mississippi to Oxford, England on a Rhodes scholarship. She then directed her energies to landing a job at a Starbucks in Buffalo and convincing fellow baristas that their interests would be better served by union representation. Ms. Brisack is not an outlier in her generation when it comes to attitudes about unions.

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ATS 100

Small Biz Trends

JUNE 20, 2022

If you’re a restaurant business owner, then you know how important your website is. It’s the first impression potential customers will have of your business, so it’s crucial that your restaurant website design is top-notch. In this post, we’ll provide you with 10 excellent examples of restaurant website design. 10 Website Design Examples from Around the World (A-Z).

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Retail Wire

JUNE 20, 2022

Associates at an Apple store in Towson, MD, voted 65 to 33 to join the International Association of Machinists and Aerospace Workers. The vote makes the store the first in Apple’s portfolio to have workers represented by a union.

ATS 100

ATS 100

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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

Small Biz Trends

JUNE 20, 2022

There’s no doubt that YouTube is a powerful platform for businesses of all sizes. But, what are the best ways to make use of it? We’ll be discussing 20 creative ideas you can start on YouTube that are great Small Business Ideas for Beginners. YouTube as an Industry in 2022. YouTube video content is growing in popularity as a source of entertainment and a way to make money.

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Promotions Accounting Marketing Fashion 105

Retail Wire

JUNE 20, 2022

Talks between management at the 29 ports along the West Coast and the International Longshore and Warehouse Union are ongoing, with importers hoping a timely deal can be struck to avoid any further disruptions to the supply chain. “I’m extremely nervous. I’ve seen this movie before,” said Isaac Larian, CEO of the toy manufacturer MGA Entertainment. “There’s no real alternative to using these ports.

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Management ATS 100

Small Biz Trends

JUNE 20, 2022

For small business owners, cyber security is an even bigger issue this year with so many employees working from home. According to Fundera, 40% of all small business will experience an attack and the cost to the company hundreds of thousands of dollars. One of the biggest problems is password protection. On The Small Business Radio Show this week, JD Sherman, CEO of Dashlane , is committed to building the best password management service for both businesses and consumers.

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Management Consumer ATS 98

Shopping Center

JUNE 20, 2022

Cary, N.C. — Northwood Retail has sold Waverly Place, a 190,000-square-foot shopping center in the Raleigh suburb of Cary. The sales price was not disclosed, but Triangle Business Journal reported that the property traded for $88 million. Hines Global Income Trust, a… The post Northwood Retail Sells Whole Foods-Anchored Shopping Center in Metro Raleigh for $88 Million appeared first on Shopping Center Business.

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Shopping 97

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

Small Biz Trends

JUNE 20, 2022

Mortgage rates have surged this week, moving up by more than half a percentage point. Figures shown in FreddieMac’s Primary Mortgage Market Survey (PMMS), show that as of June 16, the average rate on a 30-year loan is now 5.78%, rising from 5.23%. Mortgage Rates Make Historically Biggest Weekly Jump – Highest Since 2008. The mortgage rate rise comes as the Federal Reserve delivered the largest interest rate increase in decades, as a means of fighting inflation.

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365 Retail

JUNE 20, 2022

Primark has confirmed that it will launch a trial Click & Collect service in the UK towards the end of this calendar year. Parent company Associated British Foods said there had been a “positive customer reaction” to the April launch of Primark’s new website in the UK which showcases many more products and offers stock availability by store. The trial will take place in up to 25 stores in the North West, which Primark says will provide a representative sample of store sizes and formats in it

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Accessories Fashion 78

Small Biz Trends

JUNE 20, 2022

Rolling TV stands are a great video and graphic solution for businesses. They help boost your presentations in conference rooms, trade shows, hotels, meetings, and other settings. Because they are mobile, you can take them to different places without worrying about dislodging the displays from walls. And since most TV rolling stands are height adjustable and can be tilted, you can adjust them to your viewing preference.

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Management Shipping ATS Shopping 98

365 Retail

JUNE 20, 2022

Fulfilment – both in terms of delivery and returns – top shoppers’ considerations when buying online, the latest research from Retail Technology Show , the flagship event for retail, reveals. Original research of over 2,000 UK shoppers in its latest Retail Revolution report showed that free delivery was the top reason seven in ten (70%) of shoppers would choose to buy from a retailer online, followed by a simple and easy returns process (40%) and being able to access exclusive deals online

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Fulfillment Returns Customer Experience Shipping 78

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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.

LS Retail

JUNE 20, 2022

©iStock/Victoria Koitsova What's affecting me, my clients, my colleagues and other global small business owners: Freightos, a fast-growing ocean and air freight marketplace similar to Expedia in air travel, announced recently it is going public through a merger with Gersher Acquisition Company. Some interesting investors to date - surprise, surprise.

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Mass Relators

JUNE 20, 2022

MIAMI — When the COVID-19 pandemic arrived in America in 2020 and consumers began looking for face masks with which to protect themselves from exposure to the virus, there were few U.S. manufacturers that could meet their needs. Sparta East LLC was established that year by what is now its sister company, InMotion Design. The creation of Sparta East came in response to a “Buy American” presidential executive order, and the new company’s goal was to help the country fight the pandemic while genera

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Promotions Consumer Location Marketing 52

Shopping Center

JUNE 20, 2022

Wheaton, Ill. — Quantum Real Estate Advisors Inc. has brokered the sale of a 14,409-square-foot retail property occupied by Walgreens in Wheaton for $11.6 million. The building was constructed in 2010. Walgreens has roughly 13 years remaining on its lease. Daniel… The post Quantum Brokers $11.6 Million Sale of Walgreens-Occupied Property in Suburban Chicago appeared first on Shopping Center Business.

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Shopping 52

Mass Relators

JUNE 20, 2022

In one of the most exciting Meijer LPGA Classics yet, Jennifer Kupcho claimed the title of Champion and the event surpassed its increased fundraising goal to garner $1.25 million to feed families in need. BELMONT, Mich. — In one of the most exciting Meijer LPGA Classics yet, Jennifer Kupcho claimed the title of Champion and the event surpassed its increased fundraising goal to garner $1.25 million to feed families in need.

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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