Mon.Mar 28, 2022

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Woking’s Victoria Place welcomes Moss Bros

Retail Focus

Moss Bros has launched a new concept store at Victoria Place, the recently launched £700 million regeneration scheme in Woking town centre co-owned by Woking Borough Council and Moyallen Group. Occupying a 2742 sq ft space, the brand has opened on Victoria Place’s Henry Plaza. . The Moss Bros new concept store is designed to meet the needs of every shopper, including a dedicated style suite with its own fitting room and a cash desk for private appointments.

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Shopify buys into Australian climate-tech firm

Inside Retail

In a bid to accelerate carbon removal solutions, Canadian e-commerce company Shopify has invested in nine climate tech start-ups including Australian-based company Loam Bio, bringing its total carbon removal spend to $32 million. Loam Bio has developed a microbial seed coating that increases carbon in soils as well as crop yields. The technology is said to help farmers, thus laying the foundation for globally-scalable carbon removal.

Marketing 263
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BJ’s Wholesale Club Taps DoorDash for On-Demand Delivery in 17 States

Retail TouchPoints

BJ’s Wholesale Club has partnered with DoorDash to offer on-demand grocery delivery from 226 locations across 17 states. Although both members and non-members can now use the DoorDash app to purchase BJ’s products, members receive lower pricing on all items. Products available for on-demand delivery include deli meat, dairy and other grocery staples.

Wholesale 246
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Retail leasing in 2022: Seismic shift or same-same?

Inside Retail

Pre-pandemic, the power balance in retail leasing sat very much in the landlord’s favour. Retailers and industry bodies had been calling out for a major reset for years, as rents continued to escalate, out of step with modest growth in many categories. If there was ever a ‘great reset’ event, gosh did we get it. The drive to e-commerce, covid relief legislation, months of forced store closures in major markets, and retailers closing their doors permanently throughout 2020-21, all contributed to

Finance 253
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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, 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.

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Inside MINISO’s ‘Joyful’ Omnichannel Expansion Plan

Retail TouchPoints

MINISO has a big but simple goal: “We hope to make MINISO a popular lifestyle brand among young people by bringing joy to the world,” said Robin Liu, CMO and Head of Ecommerce for the fast-growing brand. And just how will they manage to do that? By “breathing life” into their motto: “Life is for fun!” More specifically, MINISO has spent the last year-plus bolstering its brick-and-mortar footprint in North America to amplify its proprietary $10 N’ Under concept, which has become beloved amo

Planning 246
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MyDeal launches local experiences marketplace, plans for expansion

Inside Retail

Online retailer MyDeal has launched a new global activities marketplace called Amazed.com in Australia. The new website will utilise MyDeal’s proprietary marketplace technology and existing 1 million active customer base to offer a one-stop shopping experience for activities and experiences for locals. The company also plans to expand operations to New Zealand in the first half of the calendar year, and then move to offshore markets like the UK and US.

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Long Live Fashion: Inside Vestiaire Collective’s new global brand identity

Inside Retail

After completing two funding rounds in 2021, leading online marketplace Vestiaire Collective has kicked off 2022 with a bang, unveiling a new global brand identity this week to underscore its firm belief that pre-loved is the indisputable future of fashion. Along with a new tagline – Long Live Fashion – the brand also has five new faces: Miss Classique, Rich, Lady Green, Drops and Hunter.

Fashion 130
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Stylitics Raises $80M for its AI-Powered Visual Merchandising Platform

Retail TouchPoints

Visual merchandising solution Stylitics has raised $80 million in series C funding from PSG Equity , which now holds a minority stake in the company. The new investment from PSG brings the total amount Stylitics has raised since it was founded in 2011 to $101 million. Past investors include PeakSpan Capital, HDS Capital, NPD and Forerunner Ventures.

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What investors want: The four e-commerce metrics that matter most

Inside Retail

In the competitive world of online retail, building an e-commerce business that stands the test of time, and has the potential to scale and attract investment, is no easy feat. While the online world of business is an exciting space, it’s not all that different to traditional bricks and mortar businesses when it comes to building a business that is solid, sustainable, and has the right foundation for growth.

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Four Tips for Brands to Win on Marketplaces

Retail TouchPoints

Discuss marketplaces with those who manage brands and retailers, and chances are they immediately mention Amazon Marketplace. They may also mention eBay or Alibaba if they are interested in the Chinese market. But if you were to discuss marketplaces in Brazil, the first name to be mentioned would be far more likely to be Mercado Livre — that’s because it generated $2.2 billion in revenue in Brazil in 2020.

Consumer 242
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Get MACH Ready: Preparing Your Business for Digital Transformation

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.

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Connecticut mall turns to non-retailers to drive traffic

Retail Wire

The Stamford Town Center has leased space to non-retailers such as The Ballet School of Stamford in an effort to fill spaces vacated by retailers. “We feel they [the mall’s management] are really looking at what is the future of a mall,” Marti Etter, co-founder and executive director of The Ballet School, said shortly after the opening. “What we believe is that we can help [the mall] and they can help us.

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Hallenstein Glasson profits hit by Covid

Inside Retail

Trans-Tasman fashion retailer Hallenstein Glasson has reported a 40-per-cent reduction in half-year profit, citing Covid disruptions. Group sales fell 6.5 per cent to $170.63 million, with net profit at $11.91 million compared with the previous corresponding period. The company’s e-commerce sales continued to increase during the period, now contributing 32.8 per cent of total group sales.

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SoCal grocery workers authorize strike

Retail Wire

Around 47,000 grocery workers at Albertsons, Vons, Pavilions and Ralphs may soon be walking off their jobs following the decision by members of the United Food and Commercial Workers union to authorize a strike against the employers. The last contract for the workers expired on March 6.

ATS 130
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Emotet is Back

Cisco Retail

The text below is a joint work of Maria Jose Erquiaga, Onur Erdogan and Adela Jezkova from Cisco Cognitive team. Emotet (also known as Geodo and Heodo) is a banking trojan, but it is also a modular malware that can be used to download other malware as Trickbot and IcedID [8, 9, 13]. Emotet was observed for the first time in 2014 [9]. In January 2021, in a combined effort by Interpol and Eurojust, Emotet was taken down [12].

Returns 142
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How Retailers Are Transforming Customer Experiences with Data & 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.

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Dockworker strike could disrupt supply chain in a big way

Retail Wire

More than 22,000 dockworkers at 29 ports along the West Coast could go on strike if negotiations over a new contract do not end in an agreement by the end of June. The workers are represented by the International Longshore and Warehouse Union. There are also concerns that activity around the ports may slow as the existing contract nears its end. Many are hopeful that things will work out without any disruptions.

ATS 130
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8 Reasons Why Blockbuster Failed & Filed for Bankruptcy

Indigo 9 Digital

By Tricia McKinnon Before the advent of streaming Blockbuster was a popular video rental store where customers could rent their favourite movies on VHS tapes or DVDs and watch them at home. While it’s hard to imagine having to leave the comfort of your home to rent a movie, at one time in the 90s and the early 2000s Blockbuster was extremely popular.

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Honest Company takes hit as hand sanitizer and face mask sales fall off

Retail Wire

Honest Company reported greater than expected losses as the company’s hand sanitizer and face mask sales tailed off along with concerns about the novel coronavirus pandemic.

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Simplify Virtual Infrastructure Management Across Clouds

Cisco Retail

Organizations are increasingly adopting hybrid & multi-cloud strategies and distributing workloads across multiple cloud providers. In the past, location-based restrictions required workloads to run within customer-owned data centers or preferred public clouds, but the increased acceptability of hybrid cloud-based infrastructures has decreased this trend.

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Forrester Report: Demystifying The Technical Functions of POS Solutions

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.

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Another Starbucks goes for a union

Retail Wire

Baristas at a second Starbucks in Mesa, AZ, voted in favor of being represented by the union Workers United. The vote, which was decided by an 11 to three count, makes the Mesa location the eighth Starbucks to unionize.

Location 100
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Brick by brick: How Lego continues to build a toy empire

Retail Dive

The retailer celebrates its 90th anniversary this year. And with over $8 billion in sales and IP deals that leverage pop culture, it shows no signs of slowing down.

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Marketers shift digital ad dollars to audio ads

Retail Wire

Sheets & Giggles, a bedding brand, spent $30,000 on digital audio ads and cut its Facebook and Instagram spending. The company’s sales declined 10 percent but its ad costs were 75 percent lower. “That was a huge signal for me that we’ve been spending on the wrong channels,” said CEO Colin McIntosh.

Marketing 100
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Four Restaurants, Entertainment Concepts Join Tenant Lineup at National Harbor in Metro D.C.

Shopping Center

Oxon Hill, Md. — Four new restaurants and entertainment concepts are set to open at National Harbor, a waterfront mixed-use development by Peterson Cos. in Oxon Hill, about 12 miles from Washington, D.C. New openings will include Tom’s Watch Bar,… The post Four Restaurants, Entertainment Concepts Join Tenant Lineup at National Harbor in Metro D.C. appeared first on Shopping Center Business.

ATS 105
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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

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Walmart to end cigarette sales in some stores

Retail Wire

Walmart is ending sales of cigarettes in some locations including stores in Arkansas, California, Florida and New Mexico, according to people familiar with the situation. The retailer has not yet verified the report.

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#CiscoChat – Decoding the New DevNet Expert Lab Exam

Cisco Retail

The DevNet Expert certification is here, earning its place among Cisco’s Expert-level certification tier with an identity all its own. As we look forward to the first day of lab testing on May 2, 2022, the anticipation and curiosity around the never-before-seen exam has left many wondering what makes this exam so unique compared to other Cisco certification exams – even at the Expert level.

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Accelerate innovation in the fashion and retail space

Retail Dive

Step into the future of Product Lifecycle Management. Here's what's ahead for emerging fashion and retail brands.

Fashion 98
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How to Make Coherent Optics Small and Pluggable: Cisco Optics Podcast Episode 21 notes

Cisco Retail

Episode 21 of the Cisco Optics Podcast is now posted! See below for episode notes. Podcast episodes are now being added to the Cisco Optics playlist on YouTube ! Cisco Optics Podcast Episode 21. Cisco Optics Podcast Episode 21. How to Make Coherent Optics Small and Pluggable, with Tom Williams. Part 2 of 5. Coherent optics have been the go-to solution for high-end optical transport systems for years.

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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.

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Etsy names new COO

Retail Dive

Raina Moskowitz, who has been with the company since 2018, will expand her position to encompass chief operating officer tasks.

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How Trustees Executors used integration and automation to become a modern finserv company

Mulesoft

The financial services sector has been on a rapid path of digital transformation, focusing on innovation to support its internal systems, stakeholder interactions and customer experience. COVID-19 put even greater pressure on the sector to deliver world-class digital services to customers and partners. Trustees Executors, New Zealand’s longest-serving trustee company, has partnered with MuleSoft in […].

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Chico's releases updated mobile apps for all of its brands

Retail Dive

The new apps for its namesake brand, as well as White House Black Market and Soma, include a store locator tool and barcode scanning

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Evans Cycles Open Brand New Store in Trowbridge

A1 Retail

Evans Cycles have opened a brand new store in Trowbridge, Wiltshire. Following the opening of their bike shop in February, Evans continues to expand, with more exciting store openings set to follow later in the year. To celebrate the first Evans Cycles store in Wiltshire, the Trowbridge branch will be running an opening offer, commencing on 23rd March 2022, with an extra 20% off selected bikes purchased in store and FREE bike health checks from their team of trained mechanics.

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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