Fri.Nov 19, 2021

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$400 Million Funding Round Pushes Wholesale Marketplace Faire’s Value to $12.4B

Retail TouchPoints

Online B2B wholesale marketplace Faire has closed a $400 million Series G funding round, its third in the last year. With this latest round, which pushes the company’s total funding to date above $1 billion , Faire is now valued at $12.4 billion. This round comes just five months after the close of Faire’s Series F and the company’s expansion into 15 markets across the UK and Europe — a region that has grown by more than 10X for the company since its initial launch there in March 2021.

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How a Global Pandemic Changed the Way We Work, Forever

Cisco Retail

Part of the Hybrid Work Success series: Rethinking a hierarchy of needs in the context of work — how a global pandemic changed the way we work, forever. In a moment of reflection amidst all the pandemic induced change, I find myself asking how we move away from the adrenaline induced reactive motions to more strategic and enlightened thinking. Perhaps the most radical of changes is the profound shift in work.

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Why Data-Driven Decision-Making Will Define the Future of Retail

Retail TouchPoints

When the first department store opened more than 100 years ago, the goal was to offer a multitude of specialty goods to a large number of people. Today, online stores serve that same purpose, but brick-and-mortar retail remains a powerful mechanism for both buyers and sellers. Providing consumers with the ability to see, touch and experience products firsthand, physical shops offer a degree of instant gratification that simply cannot be replicated in an online environment.

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Secure Code Warriors – Final Battle Winners

Cisco Retail

We have arrived at the third and final blog post around Secure Code Warrior. In the first two blogs… So, You Can Code… But Can You Write Secure Code? Finding Cisco DevNet Elite Secure Code Warriors. … we introduced you to the Secure Code Warrior tournament held during Cisco DevNet Create 2021. In this final blog post, I wanted to report back about the final battle between the crème-de-la-crème – the DevNet Secure Code Warrior Top 25.

ATS 145
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Smart Tools & Strong Teams: A People-First Approach to AI in Sales

Speaker: Matt Sunshine, CEO at The Center for Sales Strategy

AI isn’t replacing salespeople—it’s empowering them. The most forward-thinking sales organizations are using AI to enhance human performance rather than eliminate it. From coaching and messaging to prospecting and pipeline accountability, artificial intelligence is giving managers and SDRs the new tools they need to work smarter, sell better, and close more.

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Execs from Allbirds, Crocs and 7-Eleven Top List of 2021 Retail Innovators

Retail TouchPoints

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ICSC: 86% of consumers will shop over Thanksgiving weekend

Retail Dive

Shoppers are nearly evenly split in their decision to shop in stores versus online on Thanksgiving Day.

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More Trending

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Macy's hires the firm behind Saks' e-commerce spinoff

Retail Dive

With activist investors reportedly pushing the department store, Macy's CEO Jeff Gennette acknowledged how Wall Street values online-only retail.

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H&M NYC Flagship Spotlights ‘Buy From a Black Woman’ With Holiday Events

Retail TouchPoints

Fashion retailer H&M is providing a high-profile platform to Black women-owned businesses with the Buy from a Black Woman Holiday Market at its Times Square flagship. Kicking off on Small Business Saturday, Nov. 27, 2021, the event will feature 26 businesses owned by Black women from across the country, featuring products ranging from skin care to stationery, home accessories and more.

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Americans are cozying up with catalogs

Retail Wire

Many Millennials prefer to leaf through a printed catalog than being overwhelmed with choices online. “I feel like I’m always on my phone or the computer, so it’s kind of soothing sitting down with a cup of coffee and a tactile catalog and just flipping through it,” said Kristi Krass, a mother of three from Michigan.

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Starbucks, Amazon Go open cashierless store concept in NYC

Retail Dive

The two plan to open additional stores in 2022, as more retailers experiment with grab-and-go technology.

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AI In The Aisles: The Executives Guide To Better In-Store Experiences

Speaker: Steve Worthy, MBA

The rapid rise of AI-powered displays, touchless technology, and sensory marketing is reshaping the future of in-store engagement. Yet for many retail executives, the real challenge is not identifying new tools - it is knowing which signals to trust, which inputs to prioritize, and how to architect decisions that elevate in-store leadership rather than dilute it.

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Apparel retailers pass higher costs along to consumers

Retail Wire

Retailers including Kohl’s and Macy’s have seen their stock prices rise as they have held the line on discounting to keep margins high. “We’ve clearly been through these inflationary cycles before, and so we have a lot of experience with it,” said Macy’s CEO Jeff Gennette. “And with fashion, sometimes you can pass that on, and you can get a higher ticket and a higher sale price.”.

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Norm Architects fashions industrial yet warm interiors for Notabene flagship in Copenhagen

Dezeen

A harmonious mix of concrete, oakwood and aluminium features in this Copenhagen shoe store , which has been designed by Danish studio Norm Architects. When it came to devising a fit-out for the Notabene store in Copenhagen's Old Town, Norm Architects worked on fostering "contrast and beauty" between the site's existing industrial features and the warm, tactile material palette that the studio felt was representative of the footwear brand.

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Retailers pack containers to meet demand and keep costs down

Retail Wire

Retailers are prioritizing goods that will maximize shipping containers and fill up shelf space when they order goods from overseas markets. “When you go from $2,000 per container to $20,000, the math just doesn’t work anymore for big, bulky things,” said Magi Raible, owner of LiteGear Bags in California. “I’ve had to leave behind some popular items because it’s just too expensive to ship right now.”.

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The Weekly Closeout: Amazon clashes with Visa and Petco posts 'record' Q3

Retail Dive

The e-commerce giant said it will no longer accept United Kingdom-issued Visa credit cards for transactions, while the pet retailer reported double-digit growth in owned brands.

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New Research-Backed Strategies to Empower Managers as Culture & Engagement Leaders

Speaker: Beth Sunshine, SVP, Up Your Culture

When culture isn’t consistently lived out across the organization, engagement suffers—and it often starts with a disconnect at the top. In this session, Beth Sunshine, SVP of Up Your Culture at The Center for Sales Strategy, will reveal how HR and executive leaders can close the gap between vision and execution by equipping frontline and mid-level managers to become culture carriers.

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Managed Services Is Our Market to Win, Together

Cisco Retail

I recently had to shop for a new dishwasher for the first time in six years. Wow, how the experience has changed. The selling dynamic has shifted from lengthy discussions about models and capabilities to a tailored conversation about my needs in use and care. At the end of the day, I purchased a plan (with ongoing services) so that my family and I can focus on using the dishwasher in the ways that support our needs.

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Kohl's enjoys some upside from inventory scarcity

Retail Dive

Margins spiked and inventory turn reached a 10-year high as product levels came in 25% below 2019 amid shipping delays.

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Cisco Catalyst 8000 wins CRN 2021 Tech Innovation Award

Cisco Retail

We are extremely honored to receive the CRN 2021 Tech Innovator Award for the Cisco Catalyst 8000 Edge Platform in the Networking – Enterprise category. Consumer Reseller News (CRN) is a leading technology news and information source for solution providers, IT channel partners, and value-added resellers (VARs). Each year, the staff at CRN selects products in the IT industry that offer both strong differentiation and significant partner opportunities.

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Foot Locker names COO as sales grow 13% over 2019

Retail Dive

Frank Bracken will take on the newly created role, overseeing global operations, including customer experience, technology and supply chain.

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Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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Alibaba cuts annual sales forecast

Retail Wire

Alibaba Group Holding Ltd said it now expects revenue for the year to rise between 20 and 23 percent, down from its earlier guidance 29.5 percent. The company pointed to supply disruptions and a more cautious Chinese consumer in the face of COVID-19 as factors for its change.

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An Elevated Experience: Xpeng G9 Takes EV Innovation Higher with NVIDIA DRIVE Orin

Nvidia

You don’t need a private plane to be at the forefront of personal travel. Electric automaker Xpeng took the wraps off the G9 SUV this week at the international Auto Guangzhou show in China. The intelligent, software-defined vehicle is built on the high-performance compute of NVIDIA DRIVE Orin and delivers AI capabilities that are continuously upgraded with each over-the-air update.

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Starbucks hands out free reusable holiday mugs

Retail Wire

Customers who ordered holiday beverages at Starbucks yesterday were served the drinks in a free “limited-edition reusable red cup.” The chain’s holiday cups have become an annual tradition.

ATS 100
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Phase II of Development Underway on $450 Million Mixed-Use Project in Midtown Atlanta

Shopping Center

Atlanta — Phase II of development is currently under way on The Interlock, a $450 million mixed-use project located in the Midtown neighborhood of Atlanta. Developed by SJC Ventures, the new phase will include a 42,500-square-foot Publix grocery store, 186,000… The post Phase II of Development Underway on $450 Million Mixed-Use Project in Midtown Atlanta appeared first on Shopping Center Business.

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Humans + Agents = Rethinking Enterprise Commerce with AI

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

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States investigate Instagram’s impact on children

Retail Wire

The attorney generals of eight states — California, Florida, Kentucky, Massachusetts, Nebraska, New Jersey, Tennessee and Vermont — are joining together to investigate Instagram and whether it harms children. “When social media platforms treat our children as mere commodities to manipulate for longer screen time engagement and data extraction, it becomes imperative for state attorneys general to engage our investigative authority under our consumer protection laws,” said Nebraska AG Doug Peterso

Consumer 100
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Xero and Shopify join forces to support small businesses globally

A1 Retail

Xero joins Shopify Plus Certified App Program and launches new Xero & Shopify integration. Xero , a global small business platform, has announced a new integration with Shopify and revealed it has joined the Shopify Plus Certified App Program (PCAP), a select group of partners that supports the advanced needs of Shopify’s global merchants. These are important steps towards solving common customer pain points and demonstrate a commitment to help ecommerce sellers to get started, grow, and inc

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Grocery store shelves are cleared in British Columbia following floods

Retail Wire

Canadian consumers located in British Columbia engaged in panic buying as floods and landslides disrupted life in the province. “This is what we’re going to deal with: The impact of centralizing everything and just-in-time delivery,” said executive director of the Central Kootenay Food Policy council Abra Brynne. “We have to recognize that building in structures that create that level of vulnerability … is crazy.

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Music to Soothe Your Global Soul

LS Retail

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5 Tips for a Winning Category Management Strategy in 2025

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.

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Nordstrom broadens its reach with Fanatics deal

Retail Wire

Nordstrom.com’s customers can now shop for licensed sports team merchandise as part of a deal between the retailer and Fanatics, which will fulfill all orders.

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Guest Post: How to Level-Up Your Email & SMS CX This Holiday Season

Hyken

This week we feature an article by Devin Pickell, a Growth Marketer at Nextiva. He shares his quick tips for keeping your customers informed through email and SMS to level up their buying experience. . The holiday season is fast approaching, and you’re an online merchant expecting a large volume of orders to come through soon. That’s great news! But while you’re fulfilling orders, it’s imperative that you keep your customers in the loop on channels like email and SMS.

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Nordstrom employs drop-ship model in new Fanatics partnership

Retail Dive

Nordstrom says the deal reflects a departure from wholesale. But one analyst says it's more of an evolution, and a sign that department stores still matter.

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Retail unhappy as efforts to make attacking shopworkers a specific offence are rebuffed

Talking Retail

Retailer organisations have united in disappointment at the government’s continued unwillingness to introduce specific legal protection for shopworkers who are assaulted. Although some peers in the House of Lords yesterday spoke in favour of the measures, two proposed amendments to the Police, Crime, Sentencing and Courts Bill were withdrawn. The government argues that a wide.

ATS 69
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Cut Costs & Complexity: Smarter Fulfillment for Home, Furniture & DIY Brands

Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.