Retail TouchPoints
APRIL 19, 2023
Editor’s note: As retail interfaces and systems continue to evolve, the way we design retail experiences to user needs and behaviors is also transforming. In the new series “Stimulating Retail,” join award-winning sensory designer and Harvard neuroscientist Ari Peralta as he breaks down the science and tech behind some of today’s most stimulating sensory retail experiences.
Inside Retail
APRIL 19, 2023
Wesfarmers’ wholly-owned subsidiary Australian Pharmaceutical Industries (API) has made a $167 million non-binding indicative and conditional offer to acquire specialist skincare clinic chain Silk Laser Clinics. Under the deal, Silk’s shareholders will receive $3.15 per share indicating a premium of 30.2 per cent to the closing price yesterday, of $2.42 per share.
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Retail TouchPoints
APRIL 19, 2023
Disney Advertising and Kroger Precision Marketing (KPM), the retail media business of Kroger, have partnered to bring streaming to retail and CPG marketers. Disney Advertising has launched a limited beta test to create more ways for advertisers to reach high-value audiences through retail media insights across select inventory from Disney’s portfolio, beginning with Hulu.
Inside Retail
APRIL 19, 2023
Late one morning in mid-April, at the beginning of the Thai New Year celebrations, I walked into the lobby of my condo building and held the door open for a young woman who was muttering to herself and looking ruefully at her iPhone, which she was desperately, and unsuccessfully, trying to restart. She was able to get the Apple logo up but after that the circuitry refused to advance the screen because the phone had been doused in water.
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.
Retail TouchPoints
APRIL 19, 2023
Uber Eats will now offer deliveries of pet foods, accessories, habitats and healthcare products from more than 1,600 PetSmart stores in the U.S., Canada and Puerto Rico. PetSmart is the first pet retailer to work with Uber Eats, joining Bed Bath & Beyond , Office Depot and grocery retailers including Albertsons , Meijer and Costco. Since launching its first non-food partnership in 2020 and the introduction of its dedicated Kids and Baby category in 2021, Uber’s grocery, retail and new vertic
Inside Retail
APRIL 19, 2023
Jeweller Michael Hill International has acquired Australian jeweller and watch retailer Bevilles for $45.1 million in an all-cash deal. Bevilles sells premium diamond, gold and silver jewellery along with other accessories and watches. It operates 26 stores across Victoria, NSW and SA – and it has an online business, Watches Galore. Daniel Bracken, CEO and MD at Michael Hill, described the acquisition as a “highly complementary strategic fit” for the business.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
APRIL 19, 2023
We all understand the business and social case for greater diversity in our teams. The research has been done, from innovation to greater profits, the evidence for representation is there, and we know it. As social and ethical businesses, we also know that lifting representation isn’t just something we might do, but something we need to do. But what we need to understand is that historically marginalised people have been let down by employers time and time again.
Retail TouchPoints
APRIL 19, 2023
Loblaw Companies Ltd., parent company of the Loblaws supermarket chain, will invest $2 billion Canadian (approximately $1.49 billion ) to improve its network of 2,500 stores in 2023. These capital investments will include 38 new and/or relocated stores and conversions or renovations to nearly 600 more. Other areas slated for the investment, which is expected to create 6,000 new jobs in retail, supply chain, technology and construction, include: New discount-format supermarkets in underserved com
Inside Retail
APRIL 19, 2023
The closure of Book Depository will have a ripple effect across the bookstore and bookselling industry in Australia, with experts and insiders suggesting that it will affect both bricks-and-mortar and online bookstores. The giant, UK based online book retailer – which is owned by parent company Amazon – is set to close at the end of the month , with the company stating that it would no longer take orders from April 26.
Retail TouchPoints
APRIL 19, 2023
Talent acquisition and retention are a top challenge for organizations across many industries, but retailers in particular are struggling to fill their talent pipelines with young professionals that have the strategic and tactical expertise they need to evolve and differentiate their brands. For example, retailers are increasingly seeking young and diverse talent to support their store design teams, which are navigating new challenges and requirements for success.
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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
APRIL 19, 2023
Consumers purchased 10.3 percent fewer items when shopping in c-stores at the end of 2022. Dollar sales declined 0.3 percent providing evidence of higher prices in the channel. ”If we see people buying fewer items overall to save money, that means they’re pulling back on impulse purchases,” said Emily Moquin, food and beverage analyst at Morning Consult.
Inside Retail
APRIL 19, 2023
Starbucks has certified 3508 of its eco-friendly Greener Stores worldwide, expanding the program to 20 regions as part of its strategy to accelerate progress towards what it dubs “resource-positive targets” With many first-in-market Greener Stores across Asia Pacific, Europe, the Middle East and Africa, Starbucks is expanding the program into Latin America and the Caribbean by building all-new stores in the region under the Greener Stores framework by the end of this year and going f
Retail Wire
APRIL 19, 2023
Amazon.com’s HQ2 construction has run into construction delays and fewer employees reporting for work in Arlington, VA, than initially envisioned when the project was first proposed in 2018. “We have a mismatch of intent and strategy,” said Jim Russell, chair of the Virginia Statewide Community Land Trust. “HQ2 is infrastructure for an economic era that no longer exists.
Inside Retail
APRIL 19, 2023
Online travel experience provider Travello has opened its first brick-and-mortar store, in Cairns. The move comes as the local tourism sector experiences a strong rebound, and the group reports significant growth in bookings and sales for both inbound and outbound travel. Ryan Hanly, co-founder and CEO of Travello, said that with the Australian tourism sector rebounding, the company wanted to take an omnichannel approach to its growth. “Having a retail store is another way to expose our B
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 Wire
APRIL 19, 2023
Lululemon athletica is looking to sell its Mirror in-home fitness system. The company has approached Hydrow, which sells connected rowing machines for the home. The two companies declined to comment on the report.
Retail Dive
APRIL 19, 2023
The apparel brand’s partnership with Mattel’s iconic doll, as hype swirls around her upcoming movie, is likely to go better than Yeezy Gap.
Retail Wire
APRIL 19, 2023
The cannabis industry isn’t riding as high today as it was in 2021, but that doesn’t mean a lack of interest on the part of investors, who are looking for “proven management teams, business models, and corporate strategy,” according to Scott Greiper, president and founder of Viridian Capital.
LS Retail
APRIL 19, 2023
©iStock/small smiles While it is true that many businesses can achieve the aim of international expansion, it is still not the simplest of undertakings. Yet by going global, you can broaden your network of business partners while also enhancing how everyone else around the world views your company. Internationalization comes with expenses and risks, but with careful planning and a well-thought-out export strategy, overseas markets offer fantastic growth prospects.
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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
APRIL 19, 2023
Kantar has identified international trends in advertising after reviewing more than 13,000 creative executions from 2022. “Our biggest overriding theme this year is that we saw a sort of escapism and otherworldly nostalgia emerge with some campaigns flying into the past and some that are shooting into the future,” said Polly Wynn Jones, global knowledge manager at Kantar.
Retail Times
APRIL 19, 2023
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Co-op has announced that it is set to invest more than £240m, across the next five years, into its membership proposition as it targets a million new members and launches new member price benefits to help its customers save more.
Retail Wire
APRIL 19, 2023
Elon Musk said Twitter is trying to find a middle ground between advertiser concerns about intolerant speech and the rights of users to express their opinions. “It’s totally cool to say that you want to have your advertising appear in certain places of Twitter and not in other places,” said Mr. Musk. “But it is not cool to say what Twitter will do.
Indigo 9 Digital
APRIL 19, 2023
By Tricia McKinnon Chances are when it’s a Friday night and you are thinking of ordering in, pizza comes to mind. It’s the quintessential comfort food. Domino’s Pizza is often top of mind because it sells more pizzas than anyone else in the United States. Domino’s Pizza’s success is not by accident. Former Domino’s Pizza CEO Patrick Doyle has described Domino’s as “a technology company that delivers pizza.
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
APRIL 19, 2023
Netflix made its name by mailing DVDs to customers’ homes before transitioning to streaming content. The DVD portion of the business is coming to an end. “On September 29th, 2023, we will send out the last red envelope,” the company tweeted. “It has been a true pleasure and honor to deliver movie nights to our wonderful members for 25 years.
Retail Dive
APRIL 19, 2023
Consumers and brands are embracing resale as a way to address fashion’s poor environmental track record, but it may be too little, too late.
Retail Wire
APRIL 19, 2023
Americans are uncomfortable discussing their finances with 63 percent saying they don’t talk about money, according to a survey by Empower.
Cisco Retail
APRIL 19, 2023
Turn cloud native chaos into business context Considering that more than 90% of organizations leveraging public clouds are moving to a multi cloud strategy, AppDynamics Cloud promises to “turn cloud n… Read more on Cisco Blogs
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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 Dive
APRIL 19, 2023
The apparel rental company's use of "live swaps" comes as it works to mitigate the impact of carrier price hikes.
Cisco Retail
APRIL 19, 2023
In March we celebrated and recognized Women’s History Month, however it’s important to continue the conversation year long, as inclusivity is an ongoing journey.
Retail Dive
APRIL 19, 2023
The direct-to-consumer mattress brand is now sold at nine Living Spaces stores in California as the company seeks out more wholesale partners.
Cisco Retail
APRIL 19, 2023
HashiCorp Terraform and Nexus Dashboard better together: A turnkey automation platform for IT infrastructure The Cisco Nexus Dashboard serves as the anchor of the Cisco Nexus 9000 portfolio, offering… Read more on Cisco Blogs
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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