Inside Retail

JUNE 19, 2023

Children’s goods retailer Toys ‘R’ Us says it plans to open a 3000sqm experiential retail hub in Victoria if the company’s capital raising plan is successful. According to an ASX announcement, the company has a target to raise up to $8 million through an Entitlement Offer with a minimum subscription of $5 million. About $3 million will be invested in a custom-designed site for both Toys ‘R’ Us and Babies ‘R’ Us brands which will be attached to the label’s new purpose-buil

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Planning Location Consumer Shopping 246

Retail TouchPoints

JUNE 19, 2023

Our recent study conducted with IHL, How Retailers Win Loyalty in an Omnichannel World , looks into the need for all retailers to take a firm hand in optimizing their inventory. But it’s physical retailers that have the most to lose by not doing so. The backdrop to this, as we’ve witnessed, is that there’s an ongoing inventory crisis, with too many retailers still carrying too much of the wrong merchandise.

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Inventory Management Department Stores Consumer Shopping 232

Tokinomo

JUNE 19, 2023

Campaign corner Get a vasectomy. Ryan Reynolds and Jessie James Decker have joined forces once again to create a third version of "The Vasectomy" cocktail! To celebrate Father's Day this year, Aviation American Gin is reintroducing the popular drink, now known as the " Decker Edition ," with the assistance of the talented singer-songwriter. In a recently released video Jessie demonstrates the step-by-step process of concocting the beverage, originally crafted by Reynolds.

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Marketing 200

Inside Retail

JUNE 19, 2023

The recent Mainstreet Australia Awards, held during Main Streets of Australia Week last month, recognise and celebrate the importance of local high streets, strip shopping centres and town centres (collectively referred to as ‘main streets’), and the role they play in creating lively communities, individual wellbeing, and robust local economies. The Awards showcase hardworking retailers, small business owners and entrepreneurs making shopping areas vibrant and thriving places.

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Store Layout Shopping Promotions Fashion 147

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Retail Focus

JUNE 19, 2023

Akeneo , the Product Experience company, today released its 2023 B2C Survey: Product Experience Satisfaction Around the World , an annual mission to understand how consumers make decisions when buying products, how product experiences impact those decisions and what product information is important to them. The findings reveal that consumers expect reliable, rich, consistent, and informative product experiences across all channels where they interact.

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Consumer Shopping Merchant Services Returns 130

Inside Retail

JUNE 19, 2023

Crurated is an online wine retailer that connects its members with the world’s top producers, using a unique blockchain-based verification model to guarantee the authenticity and provenance of their purchases. After launching in London in 2021, the business is now expanding into Hong Kong, Singapore, and Thailand, withfounder, Alfonso de Gaetano, set to host in-person events in November, along with Charles Lachaux, the winemaker at Domaine Arnoux-Lachaux winemaker, one of the most talked-about p

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Shipping Marketing Accounting Consumer 130

Inside Retail

JUNE 19, 2023

Alibaba Group has appointed Joseph C Tsai and Eddie Yongming Wu as the company’s new chairman and CEO respectively, marking the group’s one of the most significant organisational changes. The appointments will take effect on September 10. Tsai and Wu will succeed Daniel Zhang, who will continue to lead Alibaba Cloud Intelligence Group as chairman and CEO.

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ATS 130

365 Retail

JUNE 19, 2023

EE has raised the curtain on a visionary new flagship store, The EE Studio, at Westfield London, White City. The UK’s largest telco retail space, the store presents a seamless integration of physical and digital experiences for consumers, laying a foundation for a novel retail strategy in the telecommunications industry. The expansive 4,230-square-foot Studio Store serves not only as a retail showroom but also a community hub, offering visitors an immersive journey through all stages of th

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Telecommunications ATS Consumer Planning 98

Inside Retail

JUNE 19, 2023

Argon & Co, the global management consultancy that specialises in operations strategy and transformation, is delighted to announce the launch of a new ANZ service offering: Intralogistics. Intralogistics refers to the optimisation, integration, automation and management of the information and material flows within the four walls of a fulfilment or distribution centre.

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Fulfillment Management Marketing Shopping 130

Theatro

JUNE 19, 2023

In retail, competition is fierce and customer expectations are higher than ever. Successful retailers understand that one key to thriving lies in effective in-store communication among associates. Every highly successful organization, from large retailers to sports teams to the mom-and-pop store around the corner, rely on constant and friction-less communication to ensure their teams stay organized and on the same page.

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Employee Engagement Visual Merchandising Customer Experience Promotions 96

Speaker: David Nisbet, 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.

Checkout

Inside Retail

JUNE 19, 2023

Following its recent launch into Australian pharmacy chain Priceline, cult fragrance brand Who Is Elijah is eyeing international expansion, starting with the US and UK. And co-founder Raquel Bouris is kicking things off with a guerrilla marketing campaign aimed at catching the attention of a leading British beauty chain. “I’m going to be standing out the front of Boots stores next week [showing off our perfumes], because they really focus on what their customers are demanding, so I’m going to m

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Marketing Consumer ATS 130

Shopify

JUNE 19, 2023

Ending inventory is the total value of products you have for sale at the end of an accounting period. Here’s how to calculate it and when to use it.

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Accounting ATS 98

Inside Retail

JUNE 19, 2023

WA’s Busselton Boulevard Shopping Centre has been acquired for $16 million by Centuria Capital Group. The single-storey shopping centre is anchored by Coles and has 15 convenience retailers mainly catering to food and non-discretionary spending. Jason Huljich, Centuria joint CEO, described this as a “rare opportunity” to secure a high-performing neighbourhood shopping centre that provides a “resilient revenue stream” backed by non-discretionary spending.

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Wholesale Shopping 130

Cisco Retail

JUNE 19, 2023

Cisco Umbrella just received In-Process status on its FedRAMP® journey. But when we hear “FedRAMP” do we really understand what it means?

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Inside Retail

JUNE 19, 2023

Analysts are sounding the alarm for several retailers as they anticipate a slowdown in performance during the FY23 reporting season. It comes as consumers grapple with rising cost of living and other economic pressures. The signs are already looking rather grim, with Best & Less reporting a $9 million drop in sales for the five weeks to 18 June.

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Fashion Supermarket Promotions Consumer 130

Kuusoft

JUNE 19, 2023

Smart signage has become a ubiquitous feature of modern urban environments. These dynamic displays are everywhere, from shopping… The post Smart Digital Signage appeared first on The Official Kuusoft Blog.

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Shopping 73

Inside Retail

JUNE 19, 2023

Discount apparel retailer Best & Less Group (BLG) says its sales fell 11.7 per cent in the five weeks to June 18 – or by $9 million – with like-for-like sales down by 13.2 per cent. Its greatest hit was online where sales fell 19.6 per cent, while turnover at physical stores was down by 12.5 per cent. The trading update comes just 48 hours before the deadline for minor shareholders to accept a takeover offer by Brett Blundy and Ray Itaoui.

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365 Retail

JUNE 19, 2023

Akeneo , the Product Experience company, today released its 2023 B2C Survey: Product Experience Satisfaction Around the World , an annual mission to understand how consumers make decisions when buying products, how product experiences impact those decisions and what product information is important to them. The findings reveal that consumers expect reliable, rich, consistent, and informative product experiences across all channels where they interact.

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Consumer Shopping Merchant Services Returns 72

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

Inside Retail

JUNE 19, 2023

Global apparel brand Superdry is embracing innovative new advertising technology with its use of 3D billboards in Melbourne’s CBD. The brand’s “Jackets Worth Exploring” campaign includes what is reported to be the first use of a 3D billboard by a fashion retailer in Australia. Located over six stories on the corner of Bourke Street and Lonsdale Street, the billboard will show six 3D videos, which will also be shared across Superdry’s website and social media platforms.

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365 Retail

JUNE 19, 2023

The Perfume Shop has reported an exceptional sales period leading up to Father’s Day. With over 224,000 bottles sold during the 14 days preceding the occasion on June 18, 2023, the company records an average of 11 bottles sold every minute. Fragrances continue to be a popular gift choice, particularly during this season. Among the top-selling fragrances were Dior Sauvage, Prada Luna Rossa Ocean, and Bleu de Chanel.

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Shopping Beauty and Health 72

Inside Retail

JUNE 19, 2023

Alphabet’s Google on Friday sued a Los Angeles man and his companies in San Jose, California federal court, claiming he created hundreds of fake business listings on its platforms and sold them to real businesses to lure in unsuspecting customers. Fake reviews have been a recurring problem on internet commerce sites. Google said in a statement that it filed the lawsuit against Ethan QiQi Hu to “help put an end to these types of malicious schemes.” Hu did not immediately respond

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Advertising 130

Retail Times

JUNE 19, 2023

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! By Jeff Griffin, vice president of strategic accounts, Nfinite As online retail continues to flourish, product returns have become a growing concern for retailers. Gartner reveals that a majority of businesses have faced a surge in returns with their expanding online operations.

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Returns Accounting 64

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Discover how retailers are transforming data into actionable insights for growth. By leveraging data and analytics to their potential, retailers can enhance decision-making, improve customer experiences, and streamline operations to stay ahead of the competition. From Data to Decisions: Maximizing Retail Potential With AI, authored by Orium, commercetools, and Google Cloud, demonstrates how businesses can unify and activate data across the tech stack to achieve retail excellence and create growt

Customer Experience

365 Retail

JUNE 19, 2023

CACI, the consumer and location intelligence specialist, has revealed that Vinted, the online marketplace, has matched Primark for the number of cashless transactions in March and April. The data comes from CACI’s new platform, Brand Dimensions, which compares spend across 300 well-known brands representative of the UK market. The data highlights three key findings: the exponential growth of Vinted, which has multiplied its transaction numbers seven-fold in 18 months; increasing consumer demand

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ATV Fashion Advertising Consumer 64

Retail Times

JUNE 19, 2023

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! A new report from Whistl on the current health of the e-commerce sector has found that only 3% of consumers are loyal to online retailers and that 83% of decisions will be made on price. In a time of economic pressure on household spending the report finds that online spending will drop by 3% in 2023.

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Consumer 64

365 Retail

JUNE 19, 2023

Fashion retailer Monsoon announces the opening of its latest boutique store at 290 Upper Street, Islington, marking the brand’s continued expansion across the UK. This follows the successful launch of boutique locations in Bath, Edinburgh, and Cambridge over the past year. The new London store opened its doors to customers on Friday, June 16. As part of Monsoon’s strategy to establish elevated retail spaces in London’s local communities and selected market towns, the new store occupies a s

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Boutique Fashion Location Customer Experience 59

Retail Times

JUNE 19, 2023

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Only a few months on from their most successful home gifting launch ever and Popcorn Kitchen are setting up stall to provide a second wave of ‘home-poppin’ popcorn joy with a Summer launch of three new gifting offers with a sumptuous seasonal twist.

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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

Hyken

JUNE 19, 2023

Top Takeaways: Social media is called “social” for a reason. It’s more than posting branded content. It is about communicating with your customers, getting feedback, responding to comments, and taking action based on what your customers tell you. Respond thoughtfully to every comment, positive or negative. Instead of replying with a generic “thank you” each time someone leaves a comment, respond in a way that makes the customer feel heard as an individual.

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Marketing Employee Engagement 54

RIS News

JUNE 19, 2023

REI-Co-op opens a new 16,113 square foot Re/Supply store in Clackamas, OR, in late August 2023.

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Location 76

Kuusoft

JUNE 19, 2023

Digital signage is rapidly changing the face of the retail shopping experience. Retail businesses are incorporating digital signage,… The post 7 Impressive Benefits of Digital Signage for the Retail Industry appeared first on The Official Kuusoft Blog.

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Shopping 52

Retail Adventures

JUNE 19, 2023

This is Georganne, reporting from Chicago. After an amazing first day of leading "The Next Wave of Loyalty Track" at the Retail Innovation Conference & Expo I was excited to take Ian Scott and Jack Stratten , two of our favorite retail wizards from the U.K., on an exploration trip to Marshall Field & Company's flagship store on Chicago's State Street - now Macy's - was a must.

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Visual Merchandising Department Stores Location Planning 52

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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