Fri.Sep 09, 2022

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Survey: Consumers Want Easy Access to Apparel Sustainability Info

Retail TouchPoints

The apparel industry’s enormous global environmental impact has made it a primary focus of sustainability efforts, and consumers — or at least a significant portion of them — want to do their part. However, the industry needs to make relevant information (such as how to recycle a garment at the end of its lifecycle) easy for shoppers to access as they’re making their purchase decisions, whether they’re in-store or online.

Apparel 336
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Americans begin Christmas shopping as they worry about rising prices

Retail Wire

Fifty-nine percent of Americans are feeling anxious about buying Christmas gifts as a result of inflation, according to a new Bankrate report. More than 10 percent began their holiday shopping in September and half plan to get started before Halloween. “Holiday shopping will look different this year with inflation around 40-year highs,” said Ted Rossman, Bankrate’s senior industry analyst.

Shopping 246
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The D2 Summit: Where Finance and Tech Leaders Can Tackle Web 3.0

Retail TouchPoints

Corporate executives are prioritizing digital transformation — even ahead of tackling market and economic instability and accelerating growth for their businesses, according to a new survey conducted by Decentralization Deciphered (D2), a subsidiary of Emerald Holding, Inc. The rapid emergence and dominance of Web 3.0 in tech and industry conversations undoubtedly is impacting digital transformation plans, as brands and retailers strive to adapt to new customer behaviors and expectations.

Finance 304
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Kroger raises its annual forecast after a strong quarter

Retail Wire

Kroger’s same-store sales excluding fuel grew 5.8 percent year-over-year in the second quarter and the grocery chain operator’s owned brands were up 10.2 percent during the period. “Our second quarter results provide another proof point that Kroger has the right go-to-market strategy,” said CFO Gary Millerchip. “Our consistent execution of this strategy is building momentum in our business which, combined with sustained food-at-home trends, gives us the confidence to raise our full-y

Marketing 147
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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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Instacart Acquires Ecommerce Platform to Empower Local and Independent Grocers

Retail TouchPoints

Instacart has acquired Rosie , an ecommerce platform serving local and independent grocers, wholesalers and retailers, as Instacart seeks to build on its commitment to smaller businesses in addition to expanding its digital offerings. . The Rosie platform supports local and independent grocers across more than 40 states by facilitating the use of branded ecommerce websites and mobile apps.

Grocer 296
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Retail appointments of the week

Inside Retail

Long-time Reebok president to join ABG leadership team. Matt O’Toole, who has been president of US-based sports brand Reebok for eight years, will join its owner, Authentic Brands Group (ABG), as executive vice chairman in January 2023. In his new role, O’Toole will work in tandem with ABG’s leadership team on new brand acquisitions, driving strategic initiatives, as well as supporting the global expansion of Reebok.

Finance 130

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Armed guards are becoming a common sight in retail stores

Retail Wire

Grocery stores and other retailers are adding more security staff, some with firearms, in an effort to reduce theft and violence against associates and customers. “It has become open season on stores,” said John Catsimatidis, owner of 30 Gristedes and D’Agostino’s stores. “We want to have the reputation that if you steal from us or harm our employees, there will be hell to pay.

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On, Vera Bradley Expand ESG Efforts with New Resale Programs

Retail TouchPoints

Performance sportswear brand O n and baggage brand Vera Bradley have both debuted new resale programs — powered by Trove and ThredUP , respectively — to further their ongoing sustainability efforts. Vera Bradley has expanded its existing partnership with ThredUP to include a Resale Shop powered by ThredUP’s resale-as-as-service platform. Customers can now shop an assortment of vintage and pre-loved Vera Bradley products directly on the brand’s website.

Apparel 284
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Dollar General’s customers skew wealthier as inflation pinches wallets

Retail Wire

Dollar General CEO Todd Vasos said this week that the chain has been attracting more affluent consumers looking for ways to cut costs as prices rise. “The highest trade-in that we’ve seen and the most robust has actually been between the $75,000 and $100,000 group,” he said.

Consumer 130
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Winning in the Turns: Maximizing Working Capital in the Face of Recession

Retail TouchPoints

Good sales hide a multitude of sins. This has been true for many companies in the recent past, especially during last year’s rapid consumer spending recovery. . Today, however, the reverberations of the pandemic are beginning to lay bare the fragility of companies’ capital positions. Relentless supply chain shocks and major shifts in consumer habits mean warehouse shelves that sat empty a year ago are today sagging under the weight of immovable inventory.

Shipping 278
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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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How colourful QLD boutique Orange Sherbet punches above its weight

Inside Retail

Orange Sherbet is a small boutique in Queensland with an outsize impact, thanks to founder Katie Naprasnik’s strong focus on size diversity, inclusive representation and commitment to giving back through charity partnerships. Here, we ask Naprasnik about opening the boutique as a teenager, her evolution as an entrepreneur and what’s next for the business.

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Amazon Small Business Month to Feature Educational Events, Discounts for SMBs

Retail TouchPoints

Amazon has launched Small Business Month (SBM) featuring a series of events, activities and promotions to help solopreneurs and small business owners enhance their buying capabilities and scale their businesses. Amazon’s SBM kicked off with a Small Business Summit on Sept. 8. The free virtual summit featured actionable insights from fellow entrepreneurs, industry experts and Amazon Business executives.

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T-Mobile Offers Small Business Canva Pro and Some Facebook Ads for Free

Small Biz Trends

T-Mobile recently launched an offer to help small businesses get more value out of their marketing using Canva Pro. T-Mobile Offers Small Business Canva Pro and Some Facebook Ads for Free. In collaboration with Canva and Meta, T-Mobile is giving eligible small business customers Canva Pro on Us until the end of the year. They will also be providing the eligible businesses with $200 of free advertising on Facebook and Instagram.

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Lowe’s Marketing Chief Out as Part of ‘Broader Realignment’

Retail TouchPoints

Lowe’s EVP and Chief Brand and Marketing Officer Marisa Thalberg has left the company after working with the home improvement retailer since February 2020. The executive’s departure is part of a “broader realignment,” according to a Lowe’s spokesperson, and Thalberg’s position will not be filled; instead, the company will integrate its merchandising and marketing functions.

Marketing 273
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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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Smith & Wesson reports a drop in demand for its firearms

Retail Wire

Smith & Wesson Brands reported revenues and earnings per share that are well below Wall Street’s expectations. The firearms maker blamed its results on “a return to a normal demand pattern at the retail counter for firearms combined with temporary headwinds from inventory corrections within the channel.

Returns 100
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How to Start a Craft Business in 2022

Small Biz Trends

Some people think that craft business owners must spend all their time surrounded by their favorite hobbies. But there are many elements that go into starting a craft business legally and running the business side. The following post walks you through how to start a craft business and turn your passion into a revenue stream. The Handmade Crafts Industry in 2022.

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Global warming is messing up supply chains right now

Retail Wire

A record-setting drought caused factories to close in southwestern China last month, disrupting supplies of electronics and other goods to markets around the world. “What we just went through with Covid is a window to what climate could do,” said Kyle Meng, an associate professor at the Bren School of Environmental Science and Management and the department of economics at the University of California, Santa Barbara.

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J.C. Penney releases skincare adviser experience, AR try-on

Retail Dive

The new features are part of a broader revamp of the department store’s beauty experience as it forges a new path in the category.

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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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Manners go missing in the workplace

Retail Wire

Treating others the way you would like to be treated may be the golden rule but it’s now in short supply in the workplace, according to some. Workers are waiting longer to reply to business communications, quitting on shorter notice, and job applicants accept positions and then never show up for work.

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Best Commercial Trash Cans for Your Business in 2022

Small Biz Trends

Finding the right commercial trash cans might not seem like a critical business decision at first glance, but choosing the right cans might make your customers more comfortable and your business mess and litter free. Commercial trash receptacles come in various sizes and shapes, ranging from plastic round cans to galvanized pails and cans with lids, tilt and wheel trash cans with lids, and much more.

Outdoor 98
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Macy’s expects more Christmas creep in 2022

Retail Wire

Macy’s expects its customers to shop early for the Christmas holiday season, similar to the past several years. The department store retailer is already heavily discounting products to encourage consumers to make purchases that they might otherwise put off.

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The Weekly Closeout: Bloomingdale’s turns 150 and Jerry Seinfeld models for Kith

Retail Dive

The department store has a slew of celebrations lined up and the sitcom star is just the latest in a history of unexpected models for the streetwear brand.

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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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Bernard Dubois incorporates nightclub references into Courrèges' Paris store

Dezeen

Thick carpets, mirrored panels and fabric-covered walls populate this clothing store in Paris designed by Belgian architect Bernard Dubois. The 232-square-metre boutique is located near the Champs-Élysées and belongs to Courre?ges – a Parisian label that was launched by fashion designer André Courrèges in 1961. Courrèges' second store in Paris was designed by Bernard Dubois.

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Wish CEO exits after 7 months

Retail Dive

Vijay Talwar left the company and its board of directors effective immediately, while GGV Capital’s Joe Yan was appointed interim CEO.

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SONiC in the Real World

Cisco Retail

The growing industry traction for Software for Open Networking in the Cloud (SONiC) has generated plenty of interest across different market segments. Known as an open-source initiative today, SONiC was originally created by Microsoft in 2016 to power their Azure cloud infrastructure connectivity. SONiC is Debian-based and has a microservice-based, containerized architecture where all major applications are hosted within independent Docker containers.

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Bloomingdale’s debuts virtual store during New York Fashion Week

Retail Dive

The iconic retailer’s digital space celebrates its 150th anniversary and provides access to exclusive collections from luxury brands.

Fashion 103
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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

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Go State of Washington on Exports!

LS Retail

©iStock/aiisha5 The U.S. Small Business Administration (SBA) has awarded the Washington State Department of Commerce a tenth year of funding to help state small businesses grow through exporting. The $1.4 million grant to Washington, part of the SBA’s State Trade Expansion Program (STEP), is one of the two largest awarded from a total $20 million to 52 states and territory international trade agencies – Michigan also received $1.4 million.

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Qurate downgraded by S&P on demand, supply chain challenges

Retail Dive

The QVC owner is facing demand declines while prepping for a post-television era.

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Cisco and Alibaba Collaborate against Counterfeiting

Cisco Retail

Co-authored by Huan Yang. Customers in China and around the world are increasingly looking for simpler, and cost-effective ways to buy technology. Along with the rapid development of the internet, purchasing online has become a standard practice essential to modern life. However, not without risk. Buyers need to be aware of the potential of receiving inferior and counterfeit products.

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Walgreens Boots Alliance taps Michaels exec as new CIO

Retail Dive

Hsiao Wang, executive vice president and CIO at the craft retailer, brings deep retail experience to the company amid ongoing transformation.

ATS 98
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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.