Retail Focus

JUNE 10, 2022

The opening of this fifth H beauty store nationally demonstrates Harrods’ continued commitment to bringing its beauty authority, expert curation, and luxury shopping experience to a wider audience across the UK. H beauty Gateshead is opening at 9am in the Metrocentre on the 14 th June. . The latest H beauty launch follows four successful store openings, the first at Lakeside retail centre in Essex, the second at centre:mk in Milton Keynes , third at St James Quarter in Edinburgh , and the fourth

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Management Shopping ATS 299

Retail TouchPoints

JUNE 10, 2022

Discount variety chain Dollar General is looking to self-checkout as a way to “leverage and reinforce our position as a low-cost operator,” COO Jeff Owen told analysts on the company’s Q1 earnings call on May 26, 2022. Dollar General already has self-checkout kiosks in 8,000 of its 18,000 stores and plans to increase that number to 11,000 by the end of this year.

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Checkout Location Kiosk ATS 286

Retail Focus

JUNE 10, 2022

Irish homeware brand, Murmur has today announced plans to open its first-ever standalone store as part of longer-term ambitions to roll out more stores across the UK and Ireland. . The 1,108 sq ft inaugural store will open at designer outlet, The Boulevard, a Lotus Property-owned scheme based between Belfast and Dublin later this month, creating six jobs. .

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Location Planning Fashion Consumer 147

Retail TouchPoints

JUNE 10, 2022

The metaverse is a new frontier for retail, but retailers can still look to past trends to help them get a handle on how it will grow and who the early adopters are likely to be. More than two-thirds of shoppers overall are already familiar with the metaverse, but the percentages for each generation vary widely, according to KPMG’s Go boldly, not blindly, into the metaverse Consumer Pulse Survey.

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Social Commerce Advertising Consumer Customer Experience 275

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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

Retail Wire

JUNE 10, 2022

Apple Pay Later will allow users to pay for goods in four monthly installments with no interest. That could undermine other players in the buy now, pay later space that charge interest for their services.

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Retail TouchPoints

JUNE 10, 2022

IKEA ’s new Updatables furniture concept combines AR, AI and machine learning technologies to have the pieces themselves “suggest” updates and improvements through additions of new IKEA parts. Developed by IKEA’s independent research and design lab SPACE10 through its Everyday Experiments initiative and creative studio oio , Updatables are designed to extend the lifecycle of furniture.

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Promotions Consumer ATS 274

Retail TouchPoints

JUNE 10, 2022

As it reported Q3 2022 results that included a nearly 8% slide in year-over-year net revenue and a 5% decrease in its number of active clients, Stitch Fix announced it would let go of 15% of its salaried workforce, mostly in non-technology corporate and styling leadership roles. The personnel cuts, which will contribute to an expected $40 to $60 million in savings in FY2023, represent approximately 4% of the company’s total workforce.

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Shopping ATS 274

Inside Retail

JUNE 10, 2022

Hot on the heels of entering the Malaysian marketplace this month, international cult skincare brand The Ordinary is now making inroads into the Indian market via a partnership with major retailer Nykaa’s Luxe stores, which focus on global brands. “We have experienced an increasingly growing appetite for The Ordinary products in India and are really excited to be finally entering the market with a retail presence,” said the CEO and co-founder of The Ordinary parent company Deciem, Nicola Kilner.

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Marketing Shipping Consumer Planning 130

Retail TouchPoints

JUNE 10, 2022

Many retailers today face two major problems: supplier cost increases and overall supply shortages that are driving inflation rates higher than have been seen in at least 40 years. As a result, retailers are experiencing a daunting dilemma: to choose between absorbing cost increases or to pass those costs on to consumers — neither of which is ideal.

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Merchant Services Promotions Wholesale Finance 229

Inside Retail

JUNE 10, 2022

Sunday marks a new dawn for Russia’s fast-food lovers as former McDonald’s Corp restaurants reopen under new branding and ownership, more than three decades after the arrival of the hugely popular Western fast food chain. The relaunch will begin on Russia Day, a patriotic holiday celebrating the country’s independence, at the same flagship location in Moscow’s Pushkin Square where McDonald’s first opened in Russia in January 1990.

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Location Planning Consumer Marketing 130

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

Retail TouchPoints

JUNE 10, 2022

Fruit Stand Workers United (FSWU), the group organizing a unionization effort at Apple ’s Grand Central Station store in New York City, has agreed to unionize with support from the Communications Workers of America (CWA). FSWU had originally approached Workers United for support, but both union organizations have agreed to the transition. “The work we do at Workers United has always been guided by the values we believe in — integrity, compassion and the need to do what is best to create density

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Small Biz Trends

JUNE 10, 2022

From growth to inventory, equipment, employee retention, technical assistance and more, this week’s grants look to provide the funds that will assist small businesses to overcome these challenges. So, if you need to resolve one of these or other issues, look for grants that have been established for those particular issues. Take a look at this week’s list of grants available across the U.S.

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ATS Technical Support Payment Services Consumer 142

Cisco Retail

JUNE 10, 2022

Cisco IOx provides you with a platform to host your microservices at the networks edge, close to your data originator. Microservices allow you to process your data, apply filtering, aggregation, densification, quality checks and much more! What to keep in mind? Are Linux based systems and Docker applications old friends of yours? If so, you probably already know about some challenges of creating Docker images.

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Small Biz Trends

JUNE 10, 2022

The cost of fuel oil has increased by 106.7 percent since November 2021, according to the Consumer Price Index for May, released today by the US Bureau of Labor Statistics. Since November 2021, the cost of oil has more than doubled, and it’s the largest increase in the cost since the CPI began in 1935. Overall, the consumer price index for all urban consumers increased a full 1.0% in May, seasonally adjusted.

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Consumer Apparel ATS 132

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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

Retail Wire

JUNE 10, 2022

McDonald’s cut items from its menu during the pandemic to save time fulfilling orders. Many of the items eliminated were more nutritious options, such as parfaits and salads. It appears unlikely that those items will return to McDonald’s any time soon if at all.

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Fulfillment Returns ATS 100

Retail Dive

JUNE 10, 2022

The custom space features a virtual iteration of its real-world design lab and varied biomes for visitors to explore wearing experimental “Metaboots.

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Retail Wire

JUNE 10, 2022

Cardenas Markets, based in Ontario, CA, has reached a deal to acquire six Rio Ranch Markets. “Cardenas Markets is stronger than ever, and this acquisition further solidifies the company’s position as one of the leading Hispanic supermarket chains in the country,” said Doug Sanders, chairman and CEO of Cardenas Markets. “As we look ahead, we will continue to identify strategic opportunities to grow our business, while providing a fresh and authentic shopping trip for our customers.”.

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Marketing Supermarket Shopping 100

Nvidia

JUNE 10, 2022

NVIDIA is collaborating with clinical organizations across Europe to bring AI to the point of care, bolstering clinical pathways with efficiency gains and new data dimensions that can be included in medical decision-making processes. The University Hospital Essen, in northwestern Germany, is one such organization taking machine learning from the bits to the bedside — using NVIDIA technology and AI to build smart hospitals of the future.

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Shipping ATS 112

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

Retail Wire

JUNE 10, 2022

Sterling Jewelers has agreed to pay $125 million to settle a sexual bias case that alleged the chain discriminated in pay and promotions against female retail sales workers. The settlement, which covers around 68,000 workers, was filed in 2008.

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Promotions 100

Small Biz Trends

JUNE 10, 2022

The power strip is now a part of the office as a computer or printer. And with more computing hardware in the office, the need to protect them from a power surge or outage is crucial. It is much cheaper to replace a power strip than a desktop, printer, or other devices. There is a wide range of units with varying degrees of usefulness. You’ll definitely want a unit that protects against power surges, lightning strikes, and provides an uninterruptible power supply.

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Accounting ATS Location Consumer 111

Retail Wire

JUNE 10, 2022

Stitch Fix is cutting about 15 percent of salaried jobs in styling and other non-technological roles in an effort to align costs with revenues. The company, which lost $78 million in its third quarter, expects to save between $40 million and $60 million in the next fiscal year.

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Cisco Retail

JUNE 10, 2022

Is your IT team considering SASE? Our new hybrid world and the accelerated transition to a multi-cloud environment have caused unprecedented secure connectivity challenges for organizations. Organizations are looking to leverage their SD-WAN architecture to provide a seamless user experience while connecting to multi-cloud secure connectivity solution to keep users and devices safe.

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Management 109

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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.

Retail Wire

JUNE 10, 2022

Farfetch has said that “VIP” customers will be able to pay for purchases on the online luxury marketplace with several types of cryptocurrency. Luxury brands Balenciaga and Gucci are also testing cryptocurrency payments.

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Small Biz Trends

JUNE 10, 2022

The U.S. Chamber of Commerce Foundation in partnership with FedEx has announced the availability of $5,000 grants through the Small Business Readiness for Resiliency Program (R4R). The program is designed to help small businesses prepare for a disaster and offers immediate relief funding for those prepared businesses when a natural disaster strikes. $5,000 Business Grants from FedEx and US Chamber of Commerce.

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Marketing ATS 105

Retail Wire

JUNE 10, 2022

Apollo Global Management may provide up to $2 billion in debt financing in support of Franchise Group’s bid to acquire Kohl’s. Franchise Group and Kohl’s are in a three-week exclusive negotiation period. The owner of The Vitamin Shoppe and Pet Supplies Plus has offered $60 a share to acquire Kohl’s.

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Finance Management 100

Cisco Retail

JUNE 10, 2022

When contemplating a career change within a different industry, it can be challenging to know where to start. As the world continues to change, many people are wondering how to transition into cybersecurity without experience. Business leaders at Cisco Secure and Duo Security who changed careers, along with recruiting professionals, provided insights for prospective candidates curious about the cybersecurity and tech industries.

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Accounting Management Fulfillment ATS 98

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

Shopping Center

JUNE 10, 2022

Charlotte, N.C. — Stream Realty Partners has brokered the $24 million sale of an adaptive reuse retail property located at 332 W. Bland St. in Charlotte’s South End district. The 1920s-era property spans 39,118 square feet and was fully leased at… The post Stream Realty Negotiates $24 Million Sale of Adaptive Reuse Retail Property in Charlotte’s South End appeared first on Shopping Center Business.

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Location Shopping ATS 98

Cisco Retail

JUNE 10, 2022

The partner ecosystem that Cisco HyperFlex is built upon is always evolving and adapting to bring value to our mutual customers. When partners and Cisco work together, great things happen. In this episode of our blog series, we are excited to talk about three powerful recent additions to our suite of capabilities that are delivered in partnership with AMD, Cohesity and Red Hat.

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Management 92

Shopping Center

JUNE 10, 2022

Garner, N.C. — Newmark has arranged the sale of an 11,400-square-foot retail property located at 932 Heather Park Drive in Garner, approximately seven miles south of Raleigh. The property is triple-net-leased to KinderCare, an early childhood education and childcare provider with… The post Newmark Arranges Sale of Metro Raleigh Retail Property Net Leased to KinderCare appeared first on Shopping Center Business.

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Location Shopping ATS 97

Cisco Retail

JUNE 10, 2022

Technology is everywhere. The advance and pervasiveness of technology today is unprecedented. Think about it: technology now touches just about everyone, in every situation. Thanks to the cloud, everything from your groceries to your doctor is available in three clicks or less. Application centricity and the explosion of data have propelled innovation to a new level.

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Management Marketing Consumer ATS 91

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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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