Inside Retail
MARCH 29, 2023
Health brand incubator Eucalyptus has unveiled plans to expand beyond its direct-to-consumer and service offerings and enter bricks-and-mortar retailers across the country. The business, which owns and operates the Pilot , Kin Fertility, Juniper, and Software brands, has entered into a partnership with Priceline Pharmacy which has already seen Software products on shelves.
Tokinomo
MARCH 29, 2023
After the Pandemic changed the way we shop, customers are expecting a lot more from retailers. A lot of consumers got used to online shopping. However, brick-and-mortar is not dead and many shoppers still prefer to buy in-store. One of the biggest issues when shopping in-store is the low stock of products. Due to the finite space, retailers need to have a smaller stock of products compared to eCommerce retailers.
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Inside Retail
MARCH 29, 2023
Australian tech accessory brand Quad Lock has partnered with the Grand Prix, investing more that $250,000 on consumer-facing events, as it seeks to transition from a specialisation in smartphone mounts to an expanded outdoor lifestyle offering. The brand has created the Quad Lock Box – a 40-foot, former shipping container that will be used to promote the full range of Quad Lock products, including phone mounts for bicycles, motorcycles, cars, marine vehicles and off-road vehicles, at the Grand
Intelligence Node
MARCH 29, 2023
Table of Contents: What is a Competitor Price Monitoring Solution Working with Competitive Pricing Data Modernizing Your Pricing Strategy Analyzing Competitor Prices Set Pricing Rules Based on Business Needs Get. The post The Ultimate Guide to Intelligence Node’s Competitor Price Monitoring Solution appeared first on Blog.
Speaker: Andrew Regan, Managing Partner at BlueSeed Retail Ltd.
Did you know that 70% of new retail technology fails to deliver expected benefits and can often decrease customer value, service, and experience? With that in mind, how can we empower our store associates to leverage new technology to optimize the customer experience and boost productivity? This exclusive webinar with Andrew Regan will dive into strategies to empower retail associates for success with new technology.
Inside Retail
MARCH 29, 2023
Brisbane-headquartered Milton Rum Distillery has a mission: to “Reimagine Rum” for Australians by replicating the world’s best styles and changing the population’s perception of the spirit. The company has partnered with the Brisbane Economic Development Agency’s Future Food Initiative since 2021, an association that has helped the business access a network of mentors, investors and other businesses to scale and export to new markets.
Retail TouchPoints
MARCH 29, 2023
Apple has begun the pre-release of its new Pay Later offering, which was first announced at the company’s developers’ conference in June 2022. Pay Later — which will let users split purchases into four payments spread over six weeks with no interest and no fees — is now available for some randomly selected Apple Wallet users in the U.S., and will roll out to all users in the coming months.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
MARCH 29, 2023
GoodwillFinds — the new resale marketplace from nonprofit thrift store chain Goodwill — has added two retail veterans to its C-suite and onboarded three new Goodwill member organizations (representing more than 50 retail stores) to the platform. Launched in October 2022 , GoodwillFinds aims to bring the 120-year-old Goodwill mission and thrifting experience to digital shoppers.
Inside Retail
MARCH 29, 2023
New data shows Australian retail job vacancies have declined 27 per cent since November last year as the labour shortage crisis eases. Australian Retailer Association (ARA) CEO Paul Zahra welcomed the reduction but warned it could merely reflect seasonal trading. “During Christmas, retail vacancies are typically abundant due to the high volume, fast-paced nature of trading and the need for additional staff,” he said.
Retail Dive
MARCH 29, 2023
The retailer has been carrying men’s products since 2018 with dedicated sections in select stores, ultimately expanding to a number of stand-alone locations.
Inside Retail
MARCH 29, 2023
Children’s goods retailer Toys ‘R’ Us has reported a slip in half-year profits impacted by its expansion in the UK and setting up of its Australian operations. The company – which operates the Toys ‘R’ Us store networks across Australia and New Zealand, selling toys, baby and hobby products – also has an online presence in the UK. For the six months to January 31, wholesale revenue fell 27.8 per cent to $5.2 million, reducing total group revenue by 4.6 per cent to $22.3 million.
Speaker: Robyn O’Brien - Founder of Sirona Ventures, Adjunct Professor at Rice University’s Business School, Supply Chain Optimization and Logistics Expert
Today’s supply chain leaders are required to stay strong in the face of disruption and not only accept it, but embrace it – after all, progress is made outside of your comfort zone. While it’s easier said than done, conquering the fear of instability in your supply chain is within your reach. Thanks to the advancement of technology and AI, we now have more tools and resources at our disposal than ever before to conquer, not crumble, in the face of uncertainty.
Retail TouchPoints
MARCH 29, 2023
Kohl’s is opening its third-party marketplace to sellers in all categories following a successful pilot of the platform. The Kohl’s Marketplace already features thousands of products in categories including apparel , fitness , wellness , toys and home. Now the retailer plans to scale the platform by opening up to third-party sellers in all areas, in particular: Apparel and accessories, including men’s, women’s, kids, bags, backpacks, sunglasses, gloves, hats and scarves; Sports and fitness , wit
Inside Retail
MARCH 29, 2023
When it comes to a uniquely Malaysian success story, Inside Scoop certainly fits the bill. The company, the brainchild of Edmund Tan and his wife, Lim Shiew Li, started as a dream to make genuinely fresh ice cream for Malaysians. Noticing a gap in the premium ice cream market where it was predominantly served by international chains, they set out to make ice cream that was made fresh locally, creating imitable natural flavours and smooth, ultra-creamy textures unlike mass produced ones.
Retail TouchPoints
MARCH 29, 2023
Jeff Gennette, Chairman and CEO of Macy’s since 2017, plans to retire in February 2024 after a total of four decades with the retailer. He will be replaced in the top spot by Macy’s EVP and Bloomingdale’s Chairman and CEO Tony Spring, who has been named Macy’s President and CEO-elect and gained a seat on the board of directors. Jeff Gennette As part of the leadership transition, current CFO Adrian Mitchell’s responsibilities have been expanded to include the role of COO.
Shopping Center
MARCH 29, 2023
Magnolia, Texas — SVN | J. Beard Real Estate has arranged the sale of Renaissance Center, a 92,724-square-foot shopping center located in Magnolia, roughly 44 miles northwest of Houston. Tenants at the 95 percent-occupied property include Brookshire Brothers, Woodforest National… The post SVN | J. Beard Real Estate Arranges Sale of 92,724-Square-Foot Shopping Center in Magnolia, Texas appeared first on Shopping Center Business.
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Join DeAnna McIntosh for an experience in ideating, journaling, and strategic planning, accompanied by a physical box with tools, to help you create the vision and growth plan for the future of your business.
Retail TouchPoints
MARCH 29, 2023
As the industry has learned over the past three-plus years, the stakes in maintaining a strong supply chain are high. Retailers need to ensure shoppers always have access to the product they want, where they want it, or else they risk losing loyalty in a difficult environment. Perry Ellis is managing this challenge through the rollout of RFID technology, in partnership with Mojix , that will help the retailer manage its supply chain from the store level all the way through broader inventory plan
A1 Retail
MARCH 29, 2023
Tom Pope, Head of Payments and Platforms at Tink talks to A1 Retail about how retailers can overcome the refund conundrum with payment solutions. Slow refunds are never ideal, let alone against an ongoing cost of living crisis, where the need for cashflow has become crucial in helping consumers navigate this difficult climate. With purse strings tighter than ever, delays in refunds have become a major point of contention for consumers.
Retail Dive
MARCH 29, 2023
The blue-hued cosmetic collection — “Beauty Is In Your Jeans” — features eyeshadow, color-changing balm, a clay mask and a signature tote bag.
A1 Retail
MARCH 29, 2023
CACI, the consumer and location intelligence specialist, has revealed a significant trend towards lower price point hospitality venues performing well, in the midst of consumer cost pressures. These findings come from CACI’s latest data platform, Brand Dimensions, which tracks spending across 300 of the best-known brands in the UK. CACI has found that from November 2021 to November 2022, the vast majority (83 percent) of F&B brands with a sub £15 average transaction value (ATV) saw strong ma
Advertiser: ZoomInfo
When economic headwinds pick up, sales leaders are the first to sound the alarm — and chart a new course. Longer sales cycles, larger buying committees, increased price pressure, and smaller teams can quickly combine to reduce your margin for error and increase the urgency to find a solution. To thrive in a challenging environment, sales teams need a rock-solid grasp of the fundamentals and the biggest force-multipliers they can get their hands on.
Retail Dive
MARCH 29, 2023
The retailer took a $443 million impairment charge on the home workout business in Q4 as it pivots to an app-focused content model.
Retail TouchPoints
MARCH 29, 2023
Belk will open five additional Belk Outlet locations as part of a new concept launched at the start of 2023. Each Belk Outlet stocks discounted items from larger Belk stores across the retailer’s footprint, including new products as well as high-end and designer brands the locations may not have carried in the past. The first Belk Outlet concept store opened in Greenville, Tenn. on Jan. 30.
LS Retail
MARCH 29, 2023
©iStock/gopixa The proposed legislation or legal framework brought forward by the European Union (EU), the Artificial Intelligence (AI) Act, focuses primarily on strengthening rules around data quality, transparency, human oversight and accountability. It also aims to address ethical questions and implementation challenges in various sectors ranging from healthcare and education to finance and energy.
Retail Dive
MARCH 29, 2023
Gennette spent most of his 40-year career working his way up the ranks, and Tony Spring has had a similar tenure at the company’s upscale banner.
Speaker: DeAnna McIntosh, Retail Growth Strategist
The past three years have forever changed the retail landscape. Companies of all sizes were forced to welcome change with open arms and surrender to total flexibility in order to be agile in the ever-evolving economic environment. In 2023, we are navigating inflation and its impact on consumer spending, various lasting side effects from the pandemic, and a looming recession in the back half of the year.
A1 Retail
MARCH 29, 2023
When Chris Heywood, IT Asset Manager at Bolton based AO, heard that a nearby charity was looking for gaming equipment donations to revitalise its popular gaming club, he knew a way he could help and immediately turned to his colleagues for support. Together, after searching through store rooms, they managed to find a vast amount of brand-new, unused equipment including numerous headsets, keyboards, gaming PC’s and a laptop.
Retail Dive
MARCH 29, 2023
The retailer is “trailing the broader market” when it comes to digital penetration, and hopes to grow the channel to 25% of sales by 2026.
Retail TouchPoints
MARCH 29, 2023
Given the rapid growth of online retail over the past few years, brand owners have become increasingly vigilant about the distribution of their products, in many instances by third-party resellers, on these online platforms. This article offers a quick review of common brand policing challenges that brand owners face on online platforms. Then, we discuss solutions based on trademark and copyright laws for addressing these issues.
Retail Dive
MARCH 29, 2023
The retailer now has refill stations in half of its U.S. stores and 800 of its locations globally.
Advertiser: ZoomInfo
ABM gets better with age — but unfortunately, marketers don't have the luxury of pouring it into an oak barrel for a couple decades to let it mature. In a recent survey with Demand Gen Report, we found 59% of experienced practitioners (those with ABM programs more than a year old) indicated their ABM programs are meeting or greatly exceeding their expectations, while only 45% of novices (those with ABM programs less than one year old) could say the same.
Retail TouchPoints
MARCH 29, 2023
Retailers are continuing to face challenges from organized labor after the Communications Workers of America (CWA) filed two unfair labor practice charges with the National Labor Relations Board (NLRB) on behalf of Apple retail workers, including those at a Kansas City store who the union claims were fired for their organizing activities. Additionally, Chipotle has reportedly agreed to pay $240,000 to former employees of an Augusta, Maine, location as part of a settlement for closing the restaur
Retail Dive
MARCH 29, 2023
The DTC furniture brand has been strengthening its wholesale presence, opening 33 new in-store pop-ups at Costco.
Retail Times
MARCH 29, 2023
Parcel delivery firm DPD has donated £90,000 to the RSPB to support the nature conservation charity’s work restoring a sand and gravel quarry on the banks of the River Trent, in Nottinghamshire. Langford Lowfields is a flagship conservation project, created out of a partnership involving the RSPB and Tarmac.
Retail Dive
MARCH 29, 2023
BR Home features rugs, bedding and decor priced between $40 and $7,550 as the retailer pushes to become more of a lifestyle brand.
Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC
Since 2020, procurement and supply chain professionals have faced an unprecedented set of challenges. The pandemic was just the start. It was followed by port blockages and congestion, strikes among truck drivers and railway workers, a major recall and plant closure that led to a disastrous baby formula shortage, concerns about the future of semiconductor availability, turbulence in the ESG investment market, and much more.
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