Thu.Sep 08, 2022

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Bloomingdale’s Kicks off 150th Year with Virtual Store, Anniversary Exclusives and Events

Retail TouchPoints

Blackstock & Weber for Bloomingdale’s 150th. Bloomingdale’s has debuted a lineup of designer collaborations, events and digital activations, including a virtual store, to celebrate its 150 th anniversary. A 150th Anniversary Collection of exclusive limited-edition merchandise launched on Sept. 8, the day before New York Fashion Week kicks off.

Fashion 340
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Daniel’s Donuts to open 15 stores in three months

Inside Retail

After opening its newest store this week, Melbourne chain Daniel’s Donuts says it plans to expand its network from 25 stores to 40 by the end of this year. The latest store is at Hogan’s Corner in Hoppers Crossing, the site of the company’s first bakery, where founder Daniel Bartalotta began baking donuts eight years ago while still at primary school.

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Retail Crime on the Rise: Expert Advice on How Retailers Can Protect Stores and Associates

Retail TouchPoints

Retail crime is on the rise, and it’s affecting companies of all sizes. The National Retail Federation (NRF) estimates that organized retail crime cost stores an average of $1 billion in sales in 2020, up more than 50% over the last five years. Additionally, a Business.org survey of small business owners found that 89% of small business owners experienced shoplifting in 2021.

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Inside Myer’s newest store upgrade, in Toowoomba

Inside Retail

Myer has opened its refurbished store in Grand Central, Toowoomba, after agreeing to a new longer-term lease. The refresh features new lighting, flooring and fixtures as well as the removal of many existing walls to open up the store. Change rooms and entrances have also been upgraded. Various new brands across categories such as cosmetics, footwear, childrenswear, intimates, menswear and homeware have been added to improve customer experience.

Fashion 246
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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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Misfits Market Looks to Corner the ‘Ugly Produce’ Category with Acquisition of Imperfect Foods

Retail TouchPoints

Misfits Market has announced plans to acquire fellow online grocer Imperfect Foods , both of which aim to tackle the problem of food waste by salvaging aesthetically flawed yet edible produce that would otherwise be discarded. “We have a tremendous opportunity to advance the shared mission of both brands, which is nothing less than a fundamental re-imagining of both the grocery category and the broken U.S. food system,” said Abhi Ramesh, CEO and Founder of Misfits Market in a statement.

Marketing 246
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Aldi opens its first Melbourne Corner Store concept today

Inside Retail

Aldi has opened its first Corner Store concept, in Melbourne’s CBD, complete with a cafe serving barista coffee. The company says the store is designed for inner-city customers stocking ready-to-eat meals, fresh produce, bakery items such as cinnamon buns, croissants and baguettes, and its discounted Special Buys products. The Corner Store concept was first tested on Sydney’s North Shore, a hybrid model of part convenience store, part supermarket.

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Brand recall: Does your brand stand out?

Tokinomo

It’s complicated to stay top of mind in a competitive market. Hundreds of brands fighting to attract the attention of shoppers both in-store and online. Depending on their strategies, some brands manage to remain the first choice of thousands of people.

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Walmart Bolsters Healthcare Presence With UnitedHealth Group Partnership

Retail TouchPoints

Walmart is expanding its presence in the medtail space through a 10-year partnership with healthcare and insurance provider UnitedHealth Group that will begin in January 2023. The partnership will launch at 15 Walmart Health locations in Florida and Georgia, with plans to expand to additional locations. Walmart will incorporate UnitedHealth Group’s Optum program to provide analytics and support tools to clinicians.

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Here’s how retailers can allay customer fears over privacy

Inside Retail

Research shows Australian consumers are scared about the safety of their personal information – and their images – more than ever before. What retailers do with their data is at the top of shoppers’ minds, especially after several major Australian chains were recently caught taking photos of customers without most of them being aware. Yet, for retailers – whether with physical stores or trading online – data is king when developing meaningful engagements with customers, optimising sales and moni

Consumer 147
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Cappasity Helps Retailers Provide Immersive Classified Ads

Retail TouchPoints

Cappasity has launched Mertsy SDK, a mobile digitizing solution designed to help classifieds include immersive content production inside their apps. The solution can integrate the capturing and displaying of 3D product images directly into retailers’ mobile apps and websites. The technology aims to immerse shoppers in the experience by integrating 3D/360/AR visualization into a product card.

Marketing 237
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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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Rising star of the week: Riley Wolf, StockX

Inside Retail

Earlier this year, we launched our first Rising Stars of Retail report in the May issue of Inside Retail Australia’s quarterly magazine, a special feature highlighting some of the great under-the-radar talent in the industry from a wide range of departments. Each week, we will publish interviews with the inspiring people listed in the feature, where they reveal what motivates them, the work that they’re most proud of and the challenges that they’ve overcome.

Fashion 147
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Making High Conversion and High Security Play Nicely Together

Retail TouchPoints

Ecommerce companies have to balance two big ideas right now: A low-friction customer journey that turns into a high conversion rate; and A high-security marketplace that is compliant with government mandates. This balancing act can feel like a typical schoolyard dilemma: Two kids on a seesaw, and maybe one of them — the high-security kid — is a little heavier than the other.

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“It’s been a long time”: Dominique Lamb opens up about leaving the NRA

Inside Retail

The National Retail Association has finally released an official statement confirming the departure of its long-time CEO Dominique Lamb, and the appointment of Lindsay Carroll as interim CEO while it searches for a permanent replacement. The statement was a long time coming after The Australian broke the news of Lamb’s upcoming departure last week.

ATS 130
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Howard Schultz says this is his last stint as Starbucks CEO

Retail Wire

Starbucks interim CEO Howard Schultz has said that he will not return to lead the company in the future after his third time running the business. Mr. Schultz was the coffee giant’s CEO from 1986 to 2000 and then again from 2008 to 2017 before landing back in the interim role following Kevin Johnson’s departure in April. Mr. Schultz is being replaced by Laxman Narasimhan, CEO of Reckitt.

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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How Emma Lewisham became the world’s first carbon positive beauty brand

Inside Retail

While sustainability is a big topic in fashion, it’s not often talked about in the beauty industry. But Emma Lewisham is on a mission to change that. Her eponymous science-led natural skincare line is the world’s first certified carbon-positive beauty brand. We spoke with Lewisham about some of the biggest misconceptions surrounding natural beauty, why the bulk of recyclable packaging ends up in landfill and what’s next for her fast-growing brand.

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Apple is holding the line on iPhone prices

Retail Wire

Apple has debuted its new iPhone 14 collection, and this year’s models are priced exactly the same as the iPhone 13 line. The new iPhone 14 line comes with enhanced features including the ability to send SOS messages via satellite in cases of emergency when it’s hard to get a cell signal.

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Asian consumers set for iPhone price shock

Inside Retail

Apple Inc on Wednesday kept prices for its latest iPhone stable in the United States, but raised prices in some Asian countries where currencies have dropped against the dollar in the past year. Buyers of the basic iPhone 14 in Japan – where the yen has slumped 24 per cent since September – will pay 20 per cent more than they did for the iPhone 13 when it was launched a year ago at 99,800 yen ($692.81).

Consumer 130
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Designer Brands looks to expand its owned brand business

Retail Wire

Designer Brands, the owner of DSW Designer Shoe Warehouse, created a separate business for its owned brands after acquiring Camuto Group four years ago. It invested in Le Tigre 360 Global in July and signed a footwear licensing agreement. These deals are part of the company’s strategy to drive sales of its own higher-profit brands.

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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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Hit or miss: Can Pinduoduo replicate the success of Shein in the US?

Inside Retail

Founded in 2015, Pinduoduo has grown to become one of the top e-commerce platforms in China, offering a wide range of products, from daily groceries to household goods and fashion, thanks to its unique social commerce model, where customers purchase items as a team to achieve lower prices. Recently, the company made waves with the launch of a cross border e-commerce platform, Temu, in the United States.

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Amazon still has no plans to make workers report to their offices

Retail Wire

Amazon.com said last October that it would leave the decision as to whether office workers needed to work on-site up to its managers and their teams. Nothing has changed in that regard, according to CEO Andy Jassy. “We don’t have a plan to require people to come back,” Mr. Jassy said at the Code Conference yesterday. “But we’re going to proceed adaptively as we learn.”.

Planning 130
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Cisco & Panasonic to Demonstrate Innovation in IP Video Processing at IBC 2022

Cisco Retail

I am excited to announce that Cisco and Panasonic will join forces to demonstrate a ground-breaking live IP video production solution at IBC 2022, September 9-12, in the Cisco booth, Hall 1 A11. With the major transition to IP in the broadcast industry, content producers and broadcasters are looking for new technologies and solutions to address the evolving challenges and enable their success.

ATS 121
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Government can’t make employers include HIV prevention drugs in insurance

Retail Wire

A federal judge has ruled that the government can not require employers to include insurance coverage for drugs that prevent the transmission of HIV. Judge Reed O’Connor said that the requirement was unconstitutional and violated the religious rights of employers.

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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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Small Businesses Created 25,000 New Jobs in August

Small Biz Trends

According to the ADP National Employment Report , small businesses created 25,000 new jobs in August. August saw job growth slowing for a second-straight month. Private employers created 132,000 jobs in August, a step down from the month before, when the economy created nearly 270,000 jobs. Payroll growth also slowed in July when compared to June of this year.

Marketing 116
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GameStop narrows quarterly loss and announces partnership with crypto exchange

Retail Wire

GameStop reported a loss of 36 cents per share in its second quarter, better than the 42 cents expected by analysts. The company has also worked out a partnership with the FTX US crypto exchange that will see the two collaborate on “new e-commerce and online marketing initiatives.”.

Marketing 100
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Easily deploy your hybrid cloud apps with UCS X-Series and deploying Red Hat OpenShift Container Platform

Cisco Retail

What Is Red Hat OpenShift? Red Hat OpenShift Container Platform is a cloud-based Kubernetes container platform. The foundation of Red Hat OpenShift Container Platform is based on Kubernetes and therefore shares the same technology. Red Hat OpenShift is a popular option for building and scaling on-premises or hybrid cloud containerized applications. It provides developers and IT organizations with cloud application platforms that can be used for deploying applications on secure and scalable resou

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American Eagle Outfitters came up short in second quarter

Retail Wire

American Eagle Outfitters posted earnings of four cents a share, below the 13 cents expected by analysts, even though its sales were in line with the Wall Street consensus. The retailer’s margins were negatively affected by higher freight costs and increased promotional activity to reduce its inventory levels.

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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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PowerWells: How a startup is solving the dual problem of energy poverty and electronic waste

Cisco Retail

Now that the Cisco Global Problem Solver Challenge 2022 winners have been officially announced , you’ll want to learn more about each winning team and the story behind each innovation. The Cisco Global Problem Solver Challenge is an online competition that awards cash prizes to early-stage tech entrepreneurs solving the world’s toughest problems.

Returns 105
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Bloomingdale’s to launch virtual store during New York Fashion Week

Retail Wire

Bloomingdale’s is debuting a new virtual store to celebrate its 150th anniversary. The department store retailer’s CMO Frank German said that the virtual store builds on its past efforts experimenting with “virtual fashion shows and interactive windows.” The virtual Bloomie’s will feature items from such brands as Polo Ralph Lauren, Marc Jacobs, David Yurman, MCM, Byredo and Baccarat.

Fashion 100
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15 Halloween Display Ideas for Small Businesses

Small Biz Trends

Halloween can provide lots of fun opportunities for local businesses to personalize their spaces. From vintage wall decor to spooky window decorations, showing your Halloween spirit may improve the experience for customers and help you build a memorable brand. These decorations may even be part of a fun Halloween party. Here’s a guide and some inspiring images for local businesses.

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Puma’s first metaverse experience ties NFTs to NYFW

Retail Dive

Following a New York Fashion Week show, consumers who minted the brand’s Nitropass can burn their NFT and claim physical sneakers.

Fashion 107
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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.