Wed.Oct 26, 2022

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Super Retail Group posts sales increase; prepares for Christmas trading

Inside Retail

Super Retail Group sales growth set a “positive start” to the financial year as all retail brands maintained strong trading momentum. The company’s like-for-like sales grew 20 per cent compared to the previous period while online sales represented 10 per cent of year-to-date sales. Camping and outdoor specialist Macpac was the best performing of the group’s chains, with sales up by 76 per cent driven by wet weather in Australia – although its New Zealand subsidiary struggled due to a lack

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Target and Apple Triple Store-in-Store Relationship to 150 Locations

Retail TouchPoints

Target and Apple have tripled the number of Apple at Target locations to 150 in preparation for the holiday season. Additionally, Target Circle members will now have year-round access to a free four-month trial of Apple Fitness+ with no purchase required, and Target will offer special holiday promotions on select Apple Services including Apple Music, Apple Arcade, Apple News+ and iCloud+, with some including up to five months free through Target Circle.

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How Kmart, The Party People are cashing in on Halloween

Inside Retail

It’s going to be happy hauntings for retailers, as one in four Australians plan to celebrate Halloween this year. The Australian Retailers Association is expecting $430 million to be raked in over the period, with an average spend of $86 per person. The Party People’s chief executive Dean Salakas said that sales are typically strong when Halloween falls on a Saturday.

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Starbucks Brings Experiential Reserve Concept to NYC’s Empire State Building

Retail TouchPoints

With its Nov. 16 opening, Starbucks will bring its Starbucks Reserve concept to three floors of the iconic Empire State Building. Customers visiting the 23,000-square-foot New York City space will find their favorite beverages on the menu, but the location also is focused on the art and experience of making coffee, with features including: Several brewing methods, including the coffee company’s patented Cold Pressed Espresso technology, which will only be available at the Empire State Buil

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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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Apple announces new clean energy investments, asks suppliers to decarbonise

Inside Retail

Apple said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonise operations related to the production of iPhones and other products. The company in 2020 had pledged to remove carbon emissions from its entire business, including products and its sprawling supply chain – which spans from Vietnam to Brazil – by 2030.

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Bed Bath & Beyond Promotes Interim CEO to Permanent Leadership Role

Retail TouchPoints

Bed Bath & Beyond has appointed interim CEO Sue Gove to the role of President and CEO. Gove has held the interim position since June 2022 following the departure of former CEO Mark Tritton. Gove’s permanent appointment was approved by a unanimous vote of the BB&B Board of Directors. Prior to becoming interim CEO of the troubled home goods retailer, Gove served as an Independent Director on the BB&B board and chaired its strategy committee.

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Amazon to Begin Accepting Venmo Payments

Retail TouchPoints

Amazon will begin offering Venmo as a payment option on its website and app, rolling it out to select customers immediately and available to all U.S. shoppers by Black Friday. Amazon shoppers will be able to add their Venmo account as a payment method for their Amazon account and even set it up as their default payment option. The integration has been almost a year in the making, with Amazon and Venmo parent company PayPal first announcing their plans in November 2021.

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“Amazing acceleration”: Aussie online supplement brand Vitable eyes APAC

Inside Retail

The pandemic saw the launch of a number of new, online health and wellness brands, as more people searched for ways to stay healthy from the comfort of their homes. One such business is subscription supplement brand Vitable, which creates a vitamin regimen for customers based entirely on their needs. Potential customers can take an online quiz to determine what they could be missing, and the Vitable team will create a collection of 30 days’ worth of supplements, delivered in compostable packagin

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Simon and Shop Premium Outlets Team Up with Tmall for Livestream Events Linked to 11.11 Festival

Retail TouchPoints

Simon and Shop Premium Outlets (SPO) are partnering with Alibaba Group ’s Tmall Global to launch a series of live shopping events in China. The livestreams will allow shoppers in China to virtually shop SPO’s online inventory as well as purchase directly from participating stores located within Woodbury Common Premium Outlets, a Simon property in Woodbury, N.Y., in time for Alibaba’s 11.11 Global Shopping Festival and throughout the holiday season.

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Harvey Nichols unveils dazzling 2022 Festive Windows

Retail Focus

Harvey Nichols today unveils the most exciting scheme of the year – Christmas windows. Inspired by festive celebrations, the displays have been designed to entice and capture the attention of customers by using a sparkly metallic colour palette of golds and silvers, and dazzling product displays to excite and delight passers-by. Spreading Christmas cheer, the bright and uplifting displays feature disco ball inspired panels made from sequins that frame the windows, and mirrored decorations that r

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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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The Path of Today’s CPG Brands

Retail TouchPoints

The CPG (consumer-packaged goods) industry is on an exciting and transitionary path. Virtually everything about the category has changed over the last 15 years, from the way brands develop and bring products to market to how consumers learn about and purchase them. Obstacles that once protected legacy brands’ share of the market and prevented new entrants from gaining traction have all but disappeared.

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Seasonal Marketing - Halloween Edition: "Spook" your customers into buying

Tokinomo

Shoppers make emotional purchases and what better way to trigger those emotions than a seasonal marketing campaign? Every holiday season customers expect to get into the holiday spirit when going shopping. In this article, we are going to focus on the Halloween celebration. You will discover the impact of seasonal marketing and we’ll also throw in some of the best Halloween campaigns for inspiration.

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Amazon Expands Advertising Options in CTV, Fresh Stores and Twitch

Retail TouchPoints

Amazon unveiled a slate of new advertising products and capabilities at its unBoxed conference, touting its ongoing mission to “make marketers’ lives easier” and help them adapt to the changes taking place in digital marketing (read: deprecation of the cookie and ongoing privacy regulation). . “We have to provide our advertisers the flexibility, efficiency and scale to be nimble and responsive as their needs change,” said Alan Moss, VP of Global Advertising Sales at Amazon Ads in a statement.

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Malls are big business in the Philippines. Here’s a look at the newest ones

Inside Retail

In Southeast Asia, new mall openings are coming thick and fast, and the Philippines is no exception. SM Prime, the country’s largest mall developer gave the country yet another shopping centre, SM City Tanza, on 14 October. Tanza is a city of approximately 310,000 on Manila Bay in the province of Cavite, a 90-minute drive south of downtown Manila. The mall is the company’s seventh effort in that province and its opening was typical of Philippine mall grand opening days, which is to say celebrato

ATS 147
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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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Avian flu is driving up the price of turkeys

Retail Wire

The outbreak of the avian flu in the U.S. this year is the worst on record. It has meant that six million turkeys, about 14 percent of the nation’s total, have been eliminated after dying from the disease or being euthanized to prevent its spread. Prices for turkeys have jumped an additional 20 percent or more per pound due to the current shortage.

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World’s largest duty-free store to launch this week

Inside Retail

World’s largest duty-free complex, Haikou International Duty-Free City, is set to open its doors to the public tomorrow in Hainan’s port city of Haikou, China (Oct 28), state-owned ChinaDaily reported. The duty-free shopping destination, featuring the ‘Duty-Free, Free Plus’ tagline, takes over 280,000sqm of the city’s west coast and is home to more than 800 retail brands.

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Inflation hits Barbie where it hurts

Retail Wire

Mattel cut its profit forecast and said it would increase its Christmas season promotion as inflation is causing American consumers to question the need to buy Barbie dolls and Fisher-Price toys. “We are in the midst of a challenging macroeconomic environment, which equals volatility,” said Mattel CEO Ynon Kreiz.

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From screen to shelf: NBC’s Univrs part of growing film-to-retail trend

Inside Retail

It’s part of a growing movement – a TV show comes out, it becomes a hit, then related products fly off the physical or virtual shelf. As Inside Retail has previously reported, eBay sales of products associated with hit TV shows skyrocketed following their release. Chess sales rose by 110 percent in Australia shortly after the Netflix show The Queen’s Gambit was released.

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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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Bed Bath & Beyond removes interim from Sue Gove’s CEO title

Retail Wire

Bed Bath & Beyond’s CEO search is over. The retailer said that its interim chief executive, Sue Gove, would be given the job on a permanent basis. The company’s shares fell 10 percent in premarket trading on the news. Ms. Gove has previous retail industry experience, having served as president and CEO of Golfsmith and COO of Zale Corporation.

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Business Loan Terminology You Should Know

Small Biz Trends

Small business loans can be a great way to get your business started or help it grow. However, there are a lot of different types of loans available, and it can be difficult to know which one is right for you. In this article, we will discuss some of the most common business loan terminologies you need to be aware of so you can make an informed decision.?

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Clorox recalls 37 million cleaning products over contamination concerns

Retail Wire

Clorox has issued a voluntary recall of its Pine Sol Scented Multi-Surface Cleaners, CloroxPro Pine-Sol All Purpose Cleaners and Clorox Professional Pine-Sol Lemon Fresh Cleaners over concerns that the products may contain bacteria that could compromise individuals with weakened immune systems. Clorox manufactured about 37 million of the recalled products.

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Where to Sell Handmade Items Locally

Small Biz Trends

Selling handmade goods can be a profitable small business model for a crafty entrepreneur. But where are the best places to sell your crafts? You could open your own store or establish your own website, but there are plenty of other options for selling crafts to your target audience. You might even diversify and market your small business to multiple markets.

Jewelry 111
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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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Puma’s price increases are lagging inflation rate

Retail Wire

Puma CEO Bjorn Gulden said that the brand is trailing inflation with price increases that are adjusted on a local, not global, basis. Puma expects to be in the black during the fourth quarter.

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Spotlight: Brandfirm Demonstrates an Important Lesson About Knowing Your Target Clients

Small Biz Trends

Understanding your target market is an essential part of running a business. But many new businesses simply accept all clients that come their way. This is exactly what happened with Brandfirm. The marketing agency knew it wanted to serve small businesses. But they learned a lot from taking on one larger client. Read the company’s story in this week’s Small Business Spotlight.

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Amazon driver loses life in suspected dog attack

Retail Wire

A driver making deliveries for Amazon.com in Missouri was found dead with wounds on his body consistent with an animal attack. Two dogs at the residence, a German shepherd and an English mastiff, were shot and killed by deputies responding to the incident. “We’re deeply saddened by tonight’s tragic incident involving a member of our Amazon family and will be providing support to the team and the driver’s loved ones,” said Amazon spokesperson Lisa Levandowski. “We are assisting law e

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Heightened fraud risk deters UK consumers from shopping on social media

365 Retail

New data launching today reveals that 55% of UK consumers are concerned about spending money on social media due to fears about fraudulent sellers. Fraud is now the top concern deterring UK consumers from shopping via social media, and 42% of UK consumers do not trust social media platforms with their data. This comes during the same week that the City of London revealed that investment fraud has risen by 49.5% in the past 12 months, with many victims now being targeted on social media.

Consumer 105
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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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Coke focuses on packaging to get around inflation

Retail Wire

Coca-Cola is looking at expanding its variety of bottles, cans and value packs in an effort to get cash-strapped consumers to buy its beverages. “It’s about extending the price ladder,” CEO James Quincey said, “making sure the entry price point … becomes as low down in the price spectrum, the actual out-of-pocket, as possible.”.

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$4 Million Going to Help Veteran Small Business Owners and Entrepreneurs

Small Biz Trends

The U.S. Small Business Administration (SBA) recently announced a new funding program to provide critical training and counseling to aspiring and existing veteran small business owners. $4 Million Going to Help Veteran Small Business Owners and Entrepreneurs. The $4.1 million total fund will be awarded across a potential 12 entities of up to $400,000 each, including private organizations, colleges and universities, private sector firms, non-profit organizations and state, local or tribal governm

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Mondolez exec says the supply chain is still in a fragile state

Retail Wire

Sandra MacQuillan, executive vice president and chief supply chain officer for Mondelez, says there are still reasons to be concerned about the movement of goods. She calls the state of the supply chain fragile, citing COVID-19, labor and other factors as possible disruptors.

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Why brands should go beyond a metaverse cameo

Retail Dive

Executives with iHeartMedia, Vatom and Procter & Gamble discussed the shift to an always-on metaverse strategy during an Advertising Week panel.

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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.