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Merchandising is obviously an essential part of retail, but keeping your strategy up-to-date and profitable is difficult in a growing competitive market. There is a number of merchandising challenges that retailers are facing. Finding the right mix of time, budget, pricing, displays, and customer experience can be a big challenge when forming a successful merchandising strategy.
Australian property development company Stockland has created a first-of-a-kind sensory map of its shopping centres to assist customers with autism, and their families. The sensory maps created in partnership with Autism Spectrum Australia (Aspect) will give people on the spectrum an opportunity to better navigate new environments. Aspect’s Autism Friendly team carried out assessments at Stockland’s retail town centres at Green Hills, Merrylands, Point Cook, Shellharbour, Wetherill Park and Wend
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Pop culture-focused print-on-demand platform LookHUMAN has rolled out a new rewards program that allow customers to earn non-fungible tokens (NFTs) with every purchase. The limited-edition digital collectibles — dubbed RFTees (Real F’n Tees) — are true NFTs minted onto Polygon’s Ethereum-based blockchain. The collection will feature new versions of some of LookHUMAN’s most popular designs.
Andre Reich, CEO at The Reject Shop, has stepped down with immediate effect. The company’s CFO Clinton Cahn has been appointed acting CEO in the interim while the company searches for a permanent appointee and Amy Eshuys will take on the role of COO effective tomorrow. In a statement to the ASX, company secretary Michael Freier said Reich had decided that now was “an appropriate time for him to leave the company to pursue other opportunities”.
Andre Reich, CEO at The Reject Shop, has stepped down with immediate effect. The company’s CFO Clinton Cahn has been appointed acting CEO in the interim while the company searches for a permanent appointee and Amy Eshuys will take on the role of COO effective tomorrow. In a statement to the ASX, company secretary Michael Freier said Reich had decided that now was “an appropriate time for him to leave the company to pursue other opportunities”.
Seeking to promote the idea of luxury goods as a valuable asset class similar to works of art that can appreciate in value over time, Rebag has introduced Auction, a program that lets shoppers bid for first access to hot new items. The luxury reseller will list more than 2,000 items for its first Rebag Auction cycle beginning April 27, 2022. Members of the Rebag Rewards loyalty program will have the exclusive chance to bid on these items during the VIP Auction period, running from Monday, May 2
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Spanish children’s clothing retailer Charanga will deploy the Nedap iD Cloud platform at all owned stores, franchised stores and displays inside El Corte Inglés locations in Spain, Portugal and Italy. The retailer is aiming to achieve full stock visibility in its supply chain. A total of 150 stores will be covered by the Nedap platform. Charanga will use RFID technology to enable a real-time view of stock in order to optimize product availability across all channels and provide the foundat
“Change is the only constant in life” – this famous quote by the Greek philosopher Heraclitus is often used in a positive light. Try saying this to a network administrator, however, who constantly has to deal with changes in the network environment, and he will likely frown! . Cisco vAnalytics within an SD-WAN network. Over the past few years, SD-WAN has evolved to securely connect the hybrid workforce of an organization to applications deployed across multiple clouds and data centers.
AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran
All the buzz surrounding the virtual experiences within the metaverse has, ironically, brought Meta into the real world. The company formerly known as Facebook will launch a brick-and-mortar Meta Store retail space on May 9, 2022 in Burlingame, Calif. Intended to provide a location where consumers can test Meta-oriented products such as Portal, Ray-Ban Stories and Quest 2, the store will be complemented by a Shop tab on Meta.com.
The future of financial services will be shaped by the ability of financial institutions to extract and deliver more customer value from data. The convergence of mobile, cloud, and IoT technologies continues to create new opportunities for institutions to deliver personalized and contextual financial services. Those opportunities will rely on data and analytics for real-time decision making.
Bed Bath & Beyond is exploring bids for buybuy BABY after an activist investor urged the retailer to sell the brand , people familiar with the matter told The Wall Street Journal. The suitors include Cerberus Capital Management LP and Tailwind Acquisition Corp., an acquisition firm chaired by former Casper CEO Philip Krim. The sources noted that the expressions of interest won’t necessarily result in a deal.
Global plus size omnichannel fashion retailer City Chic has announced a strong performance in its first half to date, however it expects a rocky future due to global supply chain disruptions. In a trading update covering 17 weeks to April 24, the business has reported a 46-per-cent surge in global sales to $178 million and built an active customer base of 1.32 million users.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
Brands are facing a customer data conundrum. While 49% of consumers say they’re frustrated by receiving irrelevant content and offers from brands, 45% say they aren’t comfortable sharing their personal data in exchange for more personalized experiences. It’s clear that consumers want to feel heard and are looking to get value from brand interactions.
Australia’s competition watchdog is suing Uber Technologies and seeking a $26 million fine from the ride-hailing platform after it admitted to misleading consumers about ride fare estimates and cancellation fees. The Australian Competition and Consumer Commission (ACCC) on Tuesday said Uber admitted that between December 2017 and September 2021 it warned consumers they would be charged fees for cancelling rides even though the cancellation was sought during its “free cancellation period.”.
More than 40 companies, including IKEA, are lobbying members of Congress to include federal tax incentives for businesses to invest in renewable energy projects such as solar and wind. Democrats in the Senate plan to take another run at passing energy legislation that failed to get enough votes to pass last year.
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Akeneo , the global leader in product experience management (PXM) and product information management (PIM), announced today the appointment of ecommerce and PIM veteran, Mark Holenstein, as Chief Operating Officer (COO), effective immediately. In his role as COO, Holenstein is responsible for the Sales, Customer Service, and Marketing departments, overseeing Akeneo’s ambitious growth strategy in Europe, the United States, and Asia-Pacific regions.
The world is in a race to digitalise and automate the customer experience (CX); however, CX programs have become so obsessed with data and knowing their customer, that they end up losing sight of what customers want from a brand in the first place. There is a fixation on optimising all the different parts of an experience; however, this does not always make a better whole.
Trend Overview . Today’s oil & gas industry is experiencing serious challenge s attracting the workers they need. The 2022 Global Energy Talent Index identifies that 20% of the workforce is above the age of 55 and 82% of workers would consider leaving oil & gas for another energy industry. So what are oil & gas companies doing about this workforce transition and how can technology play a role in these transitions?
Wesfarmers’ e-commerce business Catch has opened its first fulfilment centre outside of Melbourne as it looks to speed up the process of delivering orders to customers in New South Wales and Queensland amidst a once-in-a-generation online shopping boom. Located in the Sydney suburb of Moorebank, the 36,000sqm fulfilment centre features over 360 Autonomous Mobile Robots (AMRs) that bring racks of products to team members to cut down on walking time and increase productivity.
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