Retail TouchPoints
NOVEMBER 4, 2021
Despite failing to ever turn a profit in its six years of operation, Allbirds made a strong Wall Street debut on Nov. 3. Shares surged 90% over the retailer’s $15 initial price to close at $28.64 , raising the company’s valuation to approximately $4.1 billion , according to CNBC. Allbirds’ IPO filing plans, released in October , projected a much lower potential valuation of $2.2 billion.
Inside Retail
NOVEMBER 4, 2021
Buy now pay later (BNPL) services have quickly become commonplace for consumers. Company reports for ASX-listed BNPL providers outline that the value of BNPL transactions grew by 55 per cent in 2019-20 , and in the last two financial years, BNPL transactions have tripled. Offering people the ability to spread out their payments for goods and services across regular intervals enables consumers to better manage their own cash flow.
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Retail TouchPoints
NOVEMBER 4, 2021
The most wonderful time of the year has arrived, and yet with COVID-19 once again dictating the terms, it feels a bit like we’re being visited by a ghost of holiday past. Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce.
Inside Retail
NOVEMBER 4, 2021
Australia-based Vietnamese food restaurant chain, Roll’d, is set to accelerate its expansion plan with an international debut in the US next year, to be followed by more overseas markets. The restaurant chain will open its first US store in Salt Lake City next May, paving the way for more international restaurants to come, including Canada, the UK, France, Japan and New Zealand.
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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 TouchPoints
NOVEMBER 4, 2021
Kroger has launched Boost , a two-tier paid loyalty program focused on ecommerce and convenience. Members can receive enhanced gas points and free one-day delivery for $59 annually, or the gas points and free delivery in as little as two hours for $99 annually. The retailer is hoping that members will see the fuel incentives as valuable at a time of rising gas prices.
Inside Retail
NOVEMBER 4, 2021
Strandbags is gearing up for a big few weeks of online shopping as consumers snap up steeply discounted products during its Click Frenzy and Black Friday sales. The luggage chain plans to offer multiple “doorbuster” deals on its e-commerce sites in Australia and New Zealand, where it will slash prices on certain products for a limited number of hours.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
NOVEMBER 4, 2021
Tim MacKinnon has left his role as managing director and vice president of eBay Australia to head up celebrity chef Shane Delia’s gourmet meal delivery start-up Providoor. In a post on his LinkedIn profile on Friday, MacKinnon said he was grateful for the opportunity to build Providoor into a global brand, but sad to leave the online marketplace where he has worked for the last 10 years.
Retail Wire
NOVEMBER 4, 2021
The U.S. trucker shortage — the deficit of drivers needed to move goods through the supply chain — increased to around 80,000 this year, up form 61,500 last year, according to the American Trucking Associations. Many of the trucker-related problems come down to compensation. Drivers complain that they are paid by the mile and not for the time waiting for their cargo to be unloaded.
Inside Retail
NOVEMBER 4, 2021
Phil Leahy steps down as CEO of Retail Global to focus on new venture. Seventeen years after launching Retail Global, Phil Leahy (top row, second from right) is stepping down from his role as CEO of the retail events business to focus on MedCart, an online marketplace for medical supplies that he started during Covid-19. . “To be back in e-commerce, especially in the role of leading a new marketplace, is so much fun!
Retail Wire
NOVEMBER 4, 2021
Kroger is launching a subscription program that will offer members free deliveries and double gas points. The program, called Kroger Boost, is being rolled out in the Atlanta, Cincinnati, Columbus, OH, and Indianapolis markets. Customers paying $99 a year will get free delivery in as little as two hours, and a $59 membership offers free delivery within 24 hours on orders of $35 or more.
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.
Inside Retail
NOVEMBER 4, 2021
Australian-based supplements company Blackmores is primed to take advantage of a post-Covid wellness boom in India, following its recent entry into the market. By 2025, the business is aiming to connect a billion consumers globally to the power of natural health and its expansion into the Indian market will play an important role in reaching that goal.
Cisco Retail
NOVEMBER 4, 2021
Episode 15 of the Cisco Optics Podcast is now posted! See below for episode notes. Cisco Optics Podcast Episode 15. Cisco Optics Podcast Episode 15. Silicon photonics explained, with Ron Horan. Part 1 of 5. Silicon photonics was a buzzword in the optics research community for years before it finally became a reality. Cisco recognized it as not only a hot technology, but one that would deliver real value.
Inside Retail
NOVEMBER 4, 2021
We chat with Coco Republic creative director and co-owner Anthony Spon-Smith about his design business heroes, the most overrated furniture trends and his dream to one day design a hotel. The perfect work day is … there is no same day. Monotony is the death of an inspiring job in my opinion. Generally, my brain works best in the morning so for all creative jobs, whether they be sketching, thinking about structures or financials I try to take the time in the mornings.
Cisco Retail
NOVEMBER 4, 2021
Most IT operations folks are familiar with vaguely worded statements like “My application performance is bad,” “The network is slow,” and “Sometimes it works but sometimes it doesn’t.” Often, there’s very little concrete information to work with when attempting to diagnose network performance problems. Any number of possible culprits across a variety of different devices could be wholly or partially contributing to an issue.
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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.
Retail Wire
NOVEMBER 4, 2021
Uber Eats has calculated the foods its drivers have delivered this year and French fries, pad thai, garlic naan, soda, miso soup, California Roll, chicken tikka masala, edamame, mozzarella sticks, and spicy tuna roll make up the list of its most ordered items.
Cisco Retail
NOVEMBER 4, 2021
Congratulations to security advocate Wouter Hindriks of Avit Group! Cybersecurity defenders have had an extra challenging job to do over the past year and a half. While critical, securing our digital world can sometimes be a thankless and exhausting endeavor, especially under these unprecedented circumstances. One tried-and-true way to get through difficult situations, however, is by connecting with others.
Retail Wire
NOVEMBER 4, 2021
It’s no secret that retail store associates have had to deal with more than their fair share of verbal abuse from customers since the pandemic began. Dick’s Sporting Goods has taken the approach that store managers will escort shoppers out of stores in such instances to protect its workers. The result is that Dick’s has earned a place on Fortune’s Best Workplaces in Retail 2021 list.
Cisco Retail
NOVEMBER 4, 2021
Static manufacturing operations are going obsolete. Plant managers had to quickly pivot to dynamic operations in the wake of pandemic-related supply chain disruptions and “ roaring demand.” Lately I’ve been hearing from more and more manufacturers interested in smart manufacturing technologies like artificial intelligence and machine learning (AI/ML), robotics, cloud computing, supply chain technologies, and the industrial internet of things (IIoT).
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
Retail Wire
NOVEMBER 4, 2021
Retailers think that consumers are ready to cut loose this holiday season after having been limited in what they can do over the past 20 months. “One of the big trends that we’re seeing across the board is maximalism, which is really about ‘more is better’ and more opulence — it’s embracing colors and embracing patterns,” said Sarah Fishburne, Home Depot’s director of trend and design.
Retail Dive
NOVEMBER 4, 2021
The athletics brand is a standout in its space, but how much does it make compared to the broader retail industry? We help put Nike's revenue in perspective.
Retail Wire
NOVEMBER 4, 2021
Employees at companies of 100 or more workers will have to choose between being vaccinated against COVID-19 or being tested on a weekly basis as part of an emergency declaration expected to be issued this week by the Department of Labor. Employers and employees will have until Jan. 4 to comply. Companies failing to comply risk fines for each violation.
Retail Dive
NOVEMBER 4, 2021
The retailer benefited from selling online and in an in-demand category during the pandemic. But it may be at a disadvantage as shoppers return to stores.
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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.
Cisco Retail
NOVEMBER 4, 2021
There is no doubt about it: “ Software is eating the world, but services are eating software.” [i] Every day, we see customer value shifting away from products and solutions to experiences and outcomes. The powerful combination of the cloud and software as a service (SaaS) has been fueling this fast-moving trend. Beyond technology innovation, another evolution has also been at play.
365 Retail
NOVEMBER 4, 2021
Currys has announced plans to hand back £75 million to shareholders through a share buyback following strong sales compared with pre-pandemic levels. Bosses said sales in the six months to the end of October were up 15% on a like-for-like basis versus the same period two years ago before the Covid-19 crisis. However, the retailer revealed business remains 1% below the same period a year ago, when demand soared as households looked to update their in-home technology whilst stuck inside during the
Talking Retail
NOVEMBER 4, 2021
Calbee UK has expanded its Loaded range of savoury snacks, following the launch of Loaded Fries in October 2020. Loaded Bites are available from Bestway Direct in two flavours – BBQ Beef and Sour Cream & Onion – in a 6x16g multi-packs, 55g £1 price-marked packs and 90g sharing bags. Jon Wood, commercial director at. This story continues at Calbee expands Loaded range.
Nvidia
NOVEMBER 4, 2021
The first GFN Thursday of the month always means a whole lot of “more” for GeForce NOW. It’s such a big month — with a bounty of games and the next generation of cloud gaming in GeForce NOW RTX 3080 memberships set to activate — we’re tempted to call it NOWvember. In all, 17 new games join the GeForce NOW library , including Core , with an “Encore” performance featuring deadmau5.
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
Cisco Retail
NOVEMBER 4, 2021
As a User Experience (UX) Designer, my role requires empathy, flexibility, and visibility into a variety of personas. I love putting users front and center when designing delightful experiences, and I believe that UX not only applies to digital and physical products, but far beyond that as well. I see UX everywhere from our homes to our governments, and throughout almost every industry, organization, and company – like Cisco!
Talking Retail
NOVEMBER 4, 2021
The ACS (the Association of Convenience Stores) has welcomed the publication of the Payment Systems Regulator (PSR) report into the card-acquiring market. Published this week, the report recognises the need to encourage retailers to search and switch or negotiate a better deal with existing providers and to reduce the obstacles to retailers getting a better.
Cisco Retail
NOVEMBER 4, 2021
This blog comes from Judge Aliyah Sabree, who presides over traffic and misdemeanor cases at the 36 th District Court, the largest district court in Michigan, U.S.A. and who was featured in a recent article on The Cisco Newsroom. Meet Judge Sabree and learn more about the Second Chance Justice Reform Initiative on our upcoming Women Rock-IT broadcast on November 18.
Retail Dive
NOVEMBER 4, 2021
The retailer, facing the mall's decline and slowing apparel sales, is testing new store formats and aiming for $1 billion in e-commerce.
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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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