Retail TouchPoints

AUGUST 17, 2021

Over the last year or so we’ve seen retailers and ecommerce sellers adopting AI tools at a frenetic pace. From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI. For retailers with high-functioning CRM systems, AI tools are being used to identify opportunities, and increase the lifetime value of customers through compelling offers.

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Retail Wire

AUGUST 17, 2021

Allbirds, famous for its wool and sneakers, is rolling out a new line of athletic wear also using wool and yarn made from eucalyptus trees. Allbirds co-CEO Joey Zwillinger said that the new line, which was in development for two years, offers both performance and eco-friendliness. “We think we can exceed the performance expectations of what’s out there,” he said.

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Retail TouchPoints

AUGUST 17, 2021

The home décor market saw significant growth in 2020 as consumers rushed to outfit their homes for remote working and learning. Although ResearchAndMarkets.com indicates that the global market for this category surpassed $641 billion in 2020 , that growth is poised to continue, moderately, over the next five years. Companies like Shutterfly are capitalizing on this expected growth by honing their acquisition strategies.

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Fulfillment Marketing Consumer ATS 306

Inside Retail

AUGUST 17, 2021

Unprecedented demand in lifestyle and leisure gifted Super Retail Group record sales and earnings in FY21, with net profit doubling during the year to $306.8 million. Despite continued lockdowns across Australia, Super Retail saw total group sales jump 22 per cent to $3.45 billion during the year, with like-for-like sales growth of 23 per cent and online sales up 43 per cent.

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Net Profit Inventory Management Management Location 246

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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 TouchPoints

AUGUST 17, 2021

Allbirds has launched an activewear collection ahead of its IPO, according to CNBC. The Natural Run Collection features six products, including tanks, T-shirts and shorts for both men and women, and ties into the retailer’s environmental message with initial carbon footprint ranges from 4.7 kg to 14.5 kg of CO2 before being 100% offset to zero. The collection is the culmination of two years’ work and more than 70 iterations.

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Inside Retail

AUGUST 17, 2021

Pizza maker Domino’s has seen global sales grow 14.6 per cent to $3.7 billion off the back of social restrictions in many of its markets, which led to increased delivery volumes. The business’ full-year EBIT hit $293 million, a 27.2 per cent spike on last year, with online sales growing 21.5 per cent to $2.93 billion throughout the year. In the group’s ANZ business, improved margins grew local EBIT 14.1 per cent to $116.8 million.

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Inside Retail

AUGUST 17, 2021

Coles’ Smarter Selling strategy is paying off for the Australian supermarket giant, with approximately $300 million in extra savings in the bank at the end of FY21. At its full year results announcement on Wednesday morning, Coles revealed that net profit broke the one-billion-dollar mark, rising 2.8 per cent to $1.005 billion. Coles’ supermarkets, liquor and express business units reported strong sales, which were up 3.1 per cent across the group to $38.6 billion in FY21, a 10.2 per cent rise o

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Supermarket Net Profit Markdowns Checkout 246

Retail TouchPoints

AUGUST 17, 2021

Albertsons Companies is “reintroducing itself” to shoppers with a trio of new digital offerings. The grocery giant — home to 20+ food and drug banners including Safeway , Vons and Acme — has launched a new app, loyalty program and membership-based grocery delivery service, all designed to make grocery shopping “more enjoyable and convenient” (and help the company stand out from the growing crowd of providers in the grocery space). .

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Returns Shopping Consumer Marketing 290

Tokinomo

AUGUST 17, 2021

We begin this expert round-up with a simple question: What is the most important part of any business? If you thought about the customer, then you are right! This is why we decided to ask 4 of the best retail experts their opinion about customer satisfaction and experience.

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Shopping 239

Retail TouchPoints

AUGUST 17, 2021

As change takes place at ever faster rates, speed and agility become king. Retailers know that instead of being ahead of the curve, they need to be IN the curve, responding to changes as they happen. For pureplay online retailers, this is standard stuff. But how can physical stores achieve newly required levels of flexibility? Physical Flexibility. One of the simplest ways to build agility into stores is to physically keep everything as flexible and fluid as possible.

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Clienteling Customer Experience Fashion Location 279

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 Wire

AUGUST 17, 2021

Retail sales in July fell 1.1 percent as a surge of COVID-19 cases connected primarily to the Delta variant made Americans more cautious about shopping in stores. Consumers cut back their spending at retailers selling clothing, furniture and sporting goods, according to Commerce Department data. Economists had expected a 0.3 percent decline in July.

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Sporting Goods Consumer Shopping ATS 230

Retail TouchPoints

AUGUST 17, 2021

Data has become the cornerstone of retail differentiation and innovation. Given the fast pace of change happening in the industry, merchants need to be able to not just access and analyze data within internal and external platforms, but turn this data into valuable insights. During this episode of the Retail ThinkTank series, David Rosen, VP of Customer & Technology Leadership at TIBCO, sits down with Elisa Westlund, VP of Marketing for Riteway, which helps retailers and CPG brands implement

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Planning Marketing ATS 264

Intelligence Node

AUGUST 17, 2021

How High-End Brands Maximize Their ROI Premium pricing is one of the most lucrative market strategies available… But naturally, it’s not for everyone. Here, we explore which brands can go premium, what they stand to gain and lose, and why price alone isn’t everything. Table of Contents Premium pricing: A game of perception First, tap […]. The post Premium Pricing: The Ins & Outs of a Successful Brand Strategy appeared first on Blog.

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Marketing 197

Retail TouchPoints

AUGUST 17, 2021

The digital world is brimming with content. Brands and retailers have more opportunities than ever to use this content to their advantage, but complexities emerge. During this Retail ThinkTank brainstorming session, Alicia Esposito digs into new content trends and challenges with Gary Ballabio, Vice President of Technology Partnerships at Cloudinary.

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ATS 264

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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

Inside Retail

AUGUST 17, 2021

Australian food franchise Donut King has launched a mobile business, delivering donuts to consumers’ doors. In an interview with our sister title Inside Franchise Business , GM partner development at Donut King, Kellie Cranch said the company had been trialling the vans in different regions in Australia using existing franchise partners to measure demand. .

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Consumer Marketing ATS 147

Retail Wire

AUGUST 17, 2021

The Supplemental Nutrition Assistance Program (SNAP), formerly known as food stamps, is getting an infusion of cash from the federal government that will increase the amount of health food that recipients can now get by about 25 percent above pre-pandemic levels. U.S. Agriculture Secretary Tom Vilsack is expected to announce the update on Monday. “This is totally a game-changing moment,” said Jamie Bussel a senior program officer at the Robert Wood Johnson Foundation.

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ATS 130

Inside Retail

AUGUST 17, 2021

Australian food franchise Donut King has launched a mobile business, delivering donuts to consumers’ doors. In an interview with our sister title Inside Franchise Business , GM partner development at Donut King, Kellie Cranch said the company had been trialling the vans in different regions in Australia using existing franchise partners to measure demand. .

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Consumer Marketing ATS 130

Cisco Retail

AUGUST 17, 2021

It’s a typical day, and as you’re mindlessly scrolling through your phone again, *ding*, a notification reads, “Flying cars will be available for purchase in just one year!”. Wow, that’s exciting! But would you be surprised? The fact is, technology is advancing so fast that before we can adjust to the current innovation, a better version is already available.

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ATS 145

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

Inside Retail

AUGUST 17, 2021

Australian e-commerce marketplace MyDeal has rebranded into a “bold and energetic” new identity, aiming to encourage Aussies to ‘shop happy’. And, as part of the new branding, the business will rollout a broad marketing campaign aiming at traditional media channels including TV, radio, and out of home marketing, with the aim of growing its brand recognition and userbase.

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Marketing Shopping ATS 130

Cisco Retail

AUGUST 17, 2021

While digital acceleration has been building for some time, recent digital disruptions have shifted its pace into overdrive, leaving a ripple effect of security complications in its wake. Increases in online shopping, virtual communities, and the exponential growth in remote workforces have created more vulnerabilities than ever. Once rigid, IT’s now more porous walls have created a veritable playground for malicious actors, exposing businesses and their customer data to greater risk, potential

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Inside Retail

AUGUST 17, 2021

Apple’s April update asking consumers to choose to opt in or out of tracking within apps on their devices was expected to have a notable impact on Facebook campaigns. Opt-in numbers were just four per cent in the US and 12 per cent of iOS14.5 users globally in the first two weeks from rollout, and those figures now sit at 10 and 17 per cent. We work with a number of retail clients and have been monitoring the effect on our Facebook advertising campaigns closely.

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Cisco Retail

AUGUST 17, 2021

With contributions from Jamal “Jay” Bethea, Cisco Secure Email Product Marketing Manager. Think email security is not complicated; think again. Not only is email the #1 attack vector, but regulatory compliance requirements across sectors make it difficult to know which data protection laws are for your industry. Now mix in architectural changes that support cloud productivity suites like Microsoft 365 and Google’s G-Suite to accelerate your business to cloud-based email security serv

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Management Accounting Marketing 145

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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.

Inside Retail

AUGUST 17, 2021

We’re on our way to a new normal in fashion. Leading the charge are bright minds focused on sustainable practices and digital solutions. However, it took a destructive global health crisis to shake the truths out of fashion for all to see. It became known that the industry’s broken system depended upon legacy infrastructure, poor working environments and rigid supply chains.

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Cisco Retail

AUGUST 17, 2021

I nfrastructure as a Code (IaC) and Automation are now common requests from our customers deploying Cisco Secure Firewalls. This is accelerated with a rapid development of software applications in multi-cloud environments. Our response to this trend is making Cisco Secure Firewall deployable as a code utilizing new IaC templates , which we are happy to announce!

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Consumer 143

Nvidia

AUGUST 17, 2021

This back-to-school season, many universities are powering on brand new AI supercomputers. Researchers and students working in fields from basic science to liberal arts can’t wait to log on. “They would like to use it right now,” said James Wilgenbusch, director of research computing at the University of Minnesota, speaking of Agate, an accelerated supercomputer Hewlett Packard Enterprise is building.

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ATS Marketing 125

Talking Retail

AUGUST 17, 2021

Grocery sales fell by 4% during the latest 12-week period and also dipped in the most recent month, according to new figures from Kantar. The decline was just 0.5% in the four weeks to 8 August when consumers made an extra 108,000 shopping trips but the average basket size was 10% smaller as pre-pandemic buying. This story continues at Grocery sales fall as more shoppers return but basket size shrinks, says Kantar.

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Returns Consumer Shopping ATS 124

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

Retail Wire

AUGUST 17, 2021

Pandora said comparable sales from in the second quarter rose seven percent compared to the same period in 2019 as the company’s U.S. revenues were up 63 percent on a two-year basis.

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Jewelry 100

Retail Dive

AUGUST 17, 2021

Growth compared to 2019 outpaced the year-over-year rise, partly because shoppers are flush with savings thanks to governmental support.

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Consumer 138

Retail Wire

AUGUST 17, 2021

Kmart has steadily closed stores across the U.S. since last opening a new location in 2002. Landlords have filled the vacant space with churches, flea markets, self-storage facilities and other types of business in the interim as many of the sites where Kmart operated were no longer seen as prime retail locations.

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Retail Dive

AUGUST 17, 2021

A once dependable retail format has become unpredictable as REITs sign shorter leases with variable rents and bet on "mixed use.

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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.

Planning