Wed.Feb 02, 2022

article thumbnail

Salesforce Acquires Atonit to Add a Marketplace Platform to its Ecommerce Portfolio

Retail TouchPoints

Salesforce will acquire Brazilian marketplace solution Atonit , adding marketplace capabilities to its own ecommerce platform. Salesforce will share more details regarding the product roadmap once the acquisition closes, which is expected before April 30, 2022. “Marketplace capabilities are becoming imperative for leading commerce platforms, and customer demand for more purchasing options and greater flexibility is growing,” said Salesforce in a statement.

article thumbnail

Nick Scali’s sales steady, profit stumbles through first half

Inside Retail

Sales at furniture retailer Nick Scali grew 5.4 per cent to $180.3 million through the first half, while EBIT hit $55.1 million and profit fell slightly to $35.6 million. The company had to close 55 per cent of its store networks during the six month period, while also managing the widespread supply chain disruptions seen throughout the industry. Overall profit fell by 6 per cent compared to the previous corresponding period in FY21.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Orangetheory Deploys 3D Digital Twins to Ensure Design Integrity of Franchise Locations

Retail TouchPoints

Fitness franchise Orangetheory has teamed up with spatial data company Matterport to scan and create photorealistic 3D digital twins of its U.S. studios in order to ensure design consistency across all 1,250 locations. Digital twin of an Orangetheory location in Fulshear, Texas. Using Matterport Capture Services, the company can virtually assess whether a studio is consistent with brand guidelines and advise on required updates, saving both time and money by reducing the need for travel.

Location 262
article thumbnail

Amazon holds 42 percent of the online retail market

Retail Wire

Sellers on Amazon.com’s marketplace account for 25 percent of the total U.S. market share of e-commerce spending and 60 percent of the platform’s total sales, according to eMarketer. Amazon’s direct sales represent another 17 percent of the market.

article thumbnail

From Data to Decisions: Maximizing Retail Potential with AI

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.

article thumbnail

David’s Bridal Targets Younger Shoppers With First Junior Dress and Gown Collection

Retail TouchPoints

David’s Bridal has launched its first-ever exclusive junior collection, Jules & Cleo, as the retailer prepares for large gatherings like proms, graduations and homecomings to make their return in 2022. David’s Bridal aims to use the new product line to diversify its gown and dress options and solidify its position as “the dress destination for all occasions.”.

Returns 262
article thumbnail

VIDEO: ‘The odds are stacked against you’: Rollie founder Vince Lebon

Inside Retail

Inside Retail’s Top 50 People in E-Commerce is an annual ranking of the most inspiring leaders in Australia’s online retail industry. As we gear up for the launch of the 2022 report, we are revisiting some of the people featured in previous reports for a new series called Top 50 Talks. Here, they discuss their origin stories and passion projects.

ATS 245

More Trending

article thumbnail

Datalogic’s Magellan 9800i TDi guarantees a high-speed check-out experience

Inside Retail

Self check-out solutions have increasingly become a critical aspect of the supermarket shopping experience for consumers, with an estimated two-thirds of shoppers reporting a preference for automated technologies over interacting with a human check-out operator. Present-day shoppers lead busy lives and are well-acquainted with interactive devices – and while they may prefer to shop at their own speed while selecting their items, they’re highly likely to avoid supermarkets with long queues, gravi

Bar Codes 245
article thumbnail

How Community Commerce is Helping Angling App Fishbrain Cast a Wider Net

Retail TouchPoints

Fishing is one of the world’s most popular hobbies, and if you’re a fishing enthusiast (or know one) then you know how passionate practitioners of the sport can be. Fishbrain has harnessed that passion through its vertical social platform, bringing together more than 14 million anglers from around the world through its community-focused app and website.

Shipping 252
article thumbnail

Cettire reports strong sales growth, plans to invest in new storefronts

Inside Retail

ASX-listed online luxury retailer Cettire reported strong revenue growth of 192 per cent in the first half of the financial year, recording $154.1 million in sales. Sales revenue grew 181 per cent to $113.7 million with product margin increasing by 178 per cent to $42.7 million. The company ended the half with a cash balance $55.5 million and zero debt, positioning it well to capitalise on global growth opportunities the company wants to execute.

Planning 243
article thumbnail

The Data Dilemma with Retail Pricing and How to Untangle it

Retail TouchPoints

Making the leap to something new can be daunting. Like running a marathon, some may never take the first step if they find the training involves nearly a year of training, the right type of shoes and a schedule that will allow for big chunks of the week to run and work out. Unlike a marathon, pricing shouldn’t feel as daunting to kickstart, no special running shoes needed or a major time investment.

article thumbnail

The Personalization Playbook: 2024 Strategies

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.

article thumbnail

Super-secret to winning the war over talent

Inside Retail

With the war over talent set to intensify long into the new year, companies are battling to position themselves as an employer of choice. . Retail Industry Superannuation fund, Rest, recently interviewed a group of new members – primarily aged in the 18–20 year bracket – to learn more about their experiences and expectations when joining a company. “We think these insights could be a useful reference point for employers when it comes to onboarding and learning and development programs, particula

article thumbnail

Amazon workers to decide about unionizing

Retail Wire

Workers at an Amazon.com warehouse in Bessemer, AL, will vote for a second time inside of a year to determine if they should be represented by the Retail, Wholesale and Department Store Union. The National Labor Relations Board ordered the vote after finding evidence that Amazon had engaged in acts that violated labor law.

article thumbnail

How Geezy Foods is building dark kitchens around the world

Inside Retail

Restaurants eager to capitalise on the high demand for home-delivered food are now expanding their portfolios and experimenting with new cuisines through virtual brands. International start-up Geezy Foods is building a network of virtual restaurant brands across Australia and internationally by transforming underutilised kitchens into delivery hubs.

article thumbnail

Supply chain disruptions to persist through 2022

Retail Wire

A shortage of truck drivers, shipping vessels and warehouses all add up to more challenges for companies looking to move goods from one point to another in the supply chain. None of these challenges is expected to get fixed in the short term, which suggests that shortages will remain a fact of life for many companies and the customers they serve.

Shipping 130
article thumbnail

Mapping Digital Transformation: Retail’s Strategic Shift

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

article thumbnail

How restaurant matchmaking app Foodini helps consumers tackle allergies

Inside Retail

It’s commonplace in Australia to know someone who has a dietary requirement: be it an allergy, intolerance, or a preference. In fact, Australia has been called the food allergy capital of the world, with Melbourne in particular leading the way. But, largely, these people aren’t catered for in much of the hospitality sector. And even if they are, customers often risk cross-contamination from other foods in kitchens which can lead to sickness and, in extreme cases, death.

Consumer 130
article thumbnail

When it comes to Wi-Fi 6E, Ask the Expert

Cisco Retail

Whenever a new technology appears, it’s often tough to wrap your head around it. What does it do, exactly? What does it mean for my network? How much is this going to cost me? When you have questions like that, it’s important to know an expert. That way you can get your questions answered thoroughly and in a straight-forward manner. Lucky for you, the hallowed hallways of Cisco is littered with experts; and this week Ask the Expert host Jasmine Shah talks with Cisco Wireless Technical Marketing

Marketing 132
article thumbnail

King Soopers workers ratify new three-year labor contract

Retail Wire

Workers from nearly 80 King Soopers stores have voted to accept a new three-year deal with the chain negotiated by the United Food and Commercial Workers Union. King Soopers, a division of Kroger, will invest $170 million for wage increases and health benefits as part of the deal.

100
100
article thumbnail

How to supercharge process automation with MuleSoft and Slack

Mulesoft

CIOs know that there’s no going back to work as we knew it. In fact, CIOs ranked digital workplace technologies to support work from home as a priority for the year ahead. With this in mind, the pressure is now on central IT to make this digital-first world a reality. Central IT is being viewed […]. The post How to supercharge process automation with MuleSoft and Slack first appeared on MuleSoft Blog.

114
114
article thumbnail

Planning the Architecture of Your Modular DXP

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.

article thumbnail

4.3 million Americans quit or changed jobs in December

Retail Wire

There are currently 10.9 million job openings in the U.S., higher than pre-pandemic levels, according to the Bureau of Labor Statistics. A total of 4.3 million Americans quit or changed jobs in December, down slightly from the record set in November, according to the federal agency.

100
100
article thumbnail

Smart Buildings are Key to Successful Sustainability Initiatives

Cisco Retail

While the compatibility of economic growth and sustainable development is debated at all levels of politics, business leaders are realizing that sustainability has become key to company success. For example, new construction and retrofit initiatives utilizing smart building technologies are making buildings more efficient, safer, and healthier for employees–all while lowering costs.

article thumbnail

Restaurants continue to struggle against COVID-19 pandemic

Retail Wire

The National Restaurant Association is forecasting that foodservice sales will grow to $898 billion this year, up from $799 billion in 2021. The grey cloud around this silver lining is that sales will actually remain below pre-pandemic levels when adjusted for inflation. “When you survey restaurant operators, 76 percent across the country now say that business currently is worse than it was three months ago.

100
100
article thumbnail

A Restaurant that Offers Car Washes on the Menu

Hyken

I recently wrote an article about the little surprises that companies – and people – sometimes give us when we do business with them. We received some great feedback, and it got me thinking of other ways to surprise our customers. That’s what this follow-up is about. I’m often surprised at how companies find ways to improve a customer experience with something that has nothing to do with what they sell.

Returns 104
article thumbnail

How Personalized Customer Experiences Drive Retail Growth and Revenue

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

article thumbnail

Omicron variant has been costly for Starbucks

Retail Wire

Starbucks said that rising supply and staffing costs connected to the Omicron variant took some of the luster off it quarterly performance, even though sales improved 13 percent on a two-year basis. “Prior to the emergence of the Omicron variant, we were experiencing some inflationary pressures and staffing issues resulting from the broader pandemic,” CEO Kevin Johnson said. “When the Omicron surge began, inflationary costs and staffing shortages were amplified, well in excess

100
100
article thumbnail

New guide for e-cigarette and vaping sale regulations

Talking Retail

The Association of Convenience Stores (ACS) has launched a new guide to help retailers with the sale and supply of e-cigarettes and other vaping products. The guide, which is part of a wider group of Assured Advice guides, covers the regulations that govern the sale and supply of e-cigarettes, retailers’ responsibilities when selling these products, This story continues at New guide for e-cigarette and vaping sale regulations.

ATS 98
article thumbnail

Target exec named as Shipt’s new CEO

Retail Wire

Kamau Witherspoon, Target’s senior Vice President of operations since 2018, has been named as the new chief executive officer at Shipt, effective March 1. Ms. Witherspoon replaces Kelly Caruso, who has led Shipt since 2019. Ms. Caruso will remain with the company in an advisory role through April 1.

ATS 100
article thumbnail

We’re sorry for your delayed gratification

365 Retail

It seems that whatever we want to buy – from fridges to sofas to cars to phones – there’s one thing that comes free with every purchase. A wait. Sometimes a long, long wait. Current order times for a TESLA Model 3 are ten months. More if you want big wheels (and, sadly, I always do). A fridge can easily be four months. Even a dining table can entail a wait of up to a year.

article thumbnail

Retails Next Frontier: Exploring and Proving the Value of AI

AI is everywhere. It’s in customer service interactions, product recommendations, marketing outreach, and yes, even commerce experiences. But not every use of AI provides the same value to your brand. In this masterclass, experts from Constructor, commercetools, Contentstack, and Orium discuss how AI can complement your composable tech stack and help bring in immediate ROI.

article thumbnail

Southern Co-op starts trial to cut food waste

Talking Retail

A dozen Southern Co-op stores have joined a trial of using the Too Good to Go food app to help sell food near its expiry date that would otherwise go to waste. The trial, which launched this week, sees stores from Staines and Ealing in West London to Bromley and Sidcup in Kent using the. This story continues at Southern Co-op starts trial to cut food waste.

ATS 98
article thumbnail

When to ditch the sweatpants

Cisco Retail

The numbers are as certain as the comfort of your favorite sweatpants. According to the Hybrid Work Index , 64% of respondents agree that work from anywhere vs. coming into the office makes a difference on whether they stay or leave a job. The scales certainly seemed to tip in favor of flexibility of remote work. And if you’re anything like me, you favor the flexibility of your waistband over the zero-stretch slacks we once wore daily to the office.

article thumbnail

How Audio Analytic Is Teaching Machines to Listen

Nvidia

From active noise cancellation to digital assistants that are always listening for your commands, audio is perhaps one of the most important but often overlooked aspects of modern technology in our daily lives. Audio Analytic has been using machine learning that enables a vast array of devices to make sense of the world of sound. We spoke with Dr. Chris Mitchell, CEO and founder of Audio Analytic about the challenges, and the fun, involved in teaching machines to listen.

ATS 94
article thumbnail

3 Tips for Secure Government Networks

Cisco Retail

Welcome to the second installment of the #SecureGovernment series! Today, we share three security tips to protect government networks. Missed the previous blog on security trends in government IT? Check it out here , and you can follow the full series here. Now more than ever, citizens and communities depend on their governments to work in their best interest.

article thumbnail

2024’s Retail Odyssey: Going Small, Artificial, and Augmented!

Speaker: Kelly Goetsch - Chief Strategy Officer at Commercetools | Jason Cottrel - CEO & Founder at Orium | and guest speaker Brendan Witcher - VP, Principal Analyst at Forrester

Significant modifications are on the horizon for digital commerce in retail and customer experience come 2024. The pace of tech shifts will intensify, businesses are set to defund legacy solutions, and attractive opportunities will surface as social and retail media players join forces. To stay ahead of the curve, digital leaders are experimenting with less risky initiatives and scaling back on outdated projects that no longer yield impactful results.