Retail TouchPoints
SEPTEMBER 1, 2023
In strong economic times, smaller, newer brands — otherwise known as emerging or up-and-coming brands — have one thing in common: access to capital. This accessibility has historically allowed emerging brands to scale their businesses, gain widespread distribution and seamlessly find their way into consumers’ hands. Fast forward to current conditions and the macroeconomic downturn.
Inside Retail
SEPTEMBER 1, 2023
Acler, an Adelaide fashion business, is expanding its retail reach with a premium boutique in Sydney’s The Strand Arcade. Customers used to shopping for the brand online will be able to experience Acler’s craftsmanship in person, with three-dimensional draping at the forefront, as well as new product categories including bridal and jewellery.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Retail TouchPoints
SEPTEMBER 1, 2023
Although Placer.ai’s quarterly index for Q2 2023 found that store traffic for discount and dollar stores were up 4.7% year over year, Dollar General CEO Jeff Owen revealed that the company was “not satisfied” with overall financial results for its Q2, which ended August 3, 2023. Dollar General reported a net sales increase of 3.9% to $9.8 billion, largely driven by positive sales contributions from new stores.
Retail Wire
SEPTEMBER 1, 2023
Shopify has announced that Amazon will launch an app in Shopify’s ecosystem, allowing U.S.-based merchants to offer Amazon’s “Buy with Prime” option. This collaboration will allow Shopify merchants who use Amazon’s fulfillment network to integrate the “Buy with Prime” app into Shopify Checkout, providing customers with access to Prime benefits like fast and free delivery.
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.
Retail TouchPoints
SEPTEMBER 1, 2023
In strong economic times, smaller, newer brands — otherwise known as emerging or up-and-coming brands — have one thing in common: access to capital. This accessibility has historically allowed emerging brands to scale their businesses, gain widespread distribution and seamlessly find their way into consumers’ hands. Fast forward to current conditions and the macroeconomic downturn.
Inside Retail
SEPTEMBER 1, 2023
Athletic apparel company Lululemon Athletica has posted a revenue increase of 18 per cent to $2.2 billion for the second quarter, driven by a 52 per cent growth in its international business. Although the growth is not as impressive as the prior year’s 28.8 per cent increase, the Canadian company is still performing much better than others in the retail market, especially during a time of rising consumer caution, according to Neil Saunders, MD of GlobalData.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
SEPTEMBER 1, 2023
Renowned supermodel Naomi Campbell has partnered with UK fashion brand PrettyLittleThing and two fashion designers to launch a special capsule collection. Naomi Campbell’s PrettyLittleThing collection, which will launch on September 5 during New York Fashion Week, has 15 looks and will be available in a variety of colourways. The clothing, according to the brand, will have colourful and playful looks, ushering customers into the Christmas season while reflecting the strength and confidenc
Retail TouchPoints
SEPTEMBER 1, 2023
Rosalind Brewer. Photo credit: Walgreens Boots Alliance Walgreens Boots Alliance CEO Rosalind Brewer has stepped down from her role, effective immediately. The company shared in a statement that Brewer and the Board of Directors “mutually agreed” on the decision, but did not provide further details. Although Brewer has technically spent less than three years at the helm, she played a critical role in the company’s success during the pandemic by “overseeing the critical ro
Intelligence Node
SEPTEMBER 1, 2023
Predictive analytics is the practice of using data analysis, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data. It involves creating models. The post The Definitive Guide To Predictive Analytics in Retail appeared first on Blog.
Retail TouchPoints
SEPTEMBER 1, 2023
JCPenney is self-funding its latest turnaround plan, which includes a reinvestment in its core customer and a more focused value proposition. CEO Marc Rosen shared in a briefing that given the retailer’s “strong balance sheet,” it is taking cash flow generated by the business and reinvesting it in core initiatives that will help “make every trip to JCPenney count.
Advertisement
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.
Retail Wire
SEPTEMBER 1, 2023
Walmart is partnering with Web3 creative studio People of Crypto Lab to launch “Cultureverse,” an immersive metaverse experience celebrating Hip-Hop’s 50th anniversary and the transformative power of Black culture. The experience, hosted on the Spatial metaverse, pays tribute to Hip-Hop’s pioneers and explores its evolution’s impact on art, music, and fashion.
Retail TouchPoints
SEPTEMBER 1, 2023
Our regular Editor’s Perspectives column offer insights and opinions from the Retail TouchPoints editorial team as they dig into the latest trends in retail, marketing and tech. As a proud classic movie buff, I thought I’d do a little reflecting on shopping scenes from memorable films made about 40 years apart. The more recent film is Terms of Endearment , the 1983 dramedy/weepie starring Shirley MacLaine and Debra Winger that won a slew of Oscars (including Best Picture and acting wins fo
Retail Wire
SEPTEMBER 1, 2023
Lululemon reported an 18% increase in both sales and profit for its fiscal second quarter, boosted by a 61% revenue spike in China. The athletic apparel retailer raised its full-year guidance, now expecting sales to be between $9.51 billion and $9.57 billion for the fiscal year, and profits to be between $12.02 to $12.17 per.
Cisco Retail
SEPTEMBER 1, 2023
Did you ever want to run Cisco Modeling Labs but did not have the hardware or software to do so? Or have you wanted to run a topology on your local deployment—but couldn’t because you did not have enough memory available locally? What about integrating CML into a CI/CD pipeline , which includes the creation and destruction of the entire pipeline, including CML?
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.
Retail Wire
SEPTEMBER 1, 2023
The frequent breakdowns of McDonald’s ice cream machines, which have inspired numerous memes, are now being tackled by iFixit, a repair company. iFixit is seeking a copyright exemption to repair these machines, highlighting the overly complex error codes and a service contract between McDonald’s and machine maker Taylor that restricts repairs.
Retail Gazette
SEPTEMBER 1, 2023
Lidl has become the highest paying supermarket in the sector, as staff members benefit from their third pay rise of the year from today. Hourly pay rates for 24,500 Lidl GB employees will rise up to 16% higher than wages for their counterparts at traditional and premium priced supermarkets. Store and warehouse staff working outside the M25 will get an hourly pay rise of £11.40 from £11.00, rising to £12.30 with length of service.
Retail Wire
SEPTEMBER 1, 2023
Lego has managed to increase its market share in the toy industry during the first half of the year, even as the overall toy market declined. The Danish toymaker reported a 1% rise in sales to 27.4 billion Danish crowns ($4 billion) for the first six months of 2023, despite a challenging period for the.
Retail Gazette
SEPTEMBER 1, 2023
Total UK footfall dropped last month due to the “sunless summer”, the British Retail Consortium (BRC) has revealed. The trade association found high street footfall was down by 0.9% in August year-on-year, from +1.6% in July. Meanwhile, retail parks footfall stayed the same, while shopping centre footfall dipped 3.8% during the same period.
Advertisement
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.
Retail Wire
SEPTEMBER 1, 2023
16 U.S. state attorneys general have sent a letter to the U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, urging the agency to ensure that fast-fashion retailer Shein can independently verify that it doesn’t use forced labor before it’s allowed to go public. The letter highlights concerns about Shein’s core business practices, particularly accusations.
Retail Gazette
SEPTEMBER 1, 2023
Mamas & Papas has rolled out its pre-loved pushchair service to a further six stores following a successful launch at its outlet store in Huddersfield. The nursery retailer announced that proceeds made from the used prams will be donated to Oxfam for its second-hand September initiative. The pre-loved pushchairs, which have been restored, repaired where necessary and deep cleaned, are now available at its branches in Birmingham, Cardiff, Croydon, Gateshead, Leeds and Nottingham.
Retail Wire
SEPTEMBER 1, 2023
While major retailers like Target, Walmart, and Dick’s have raised concerns about rising retail theft, Best Buy has managed to maintain a stable rate of shrinkage, according to CEO Corie Barry. She attributed the company’s success in combating theft to several strategies, including employing asset-protection employees at store entrances, having more employees on the sales.
Retail Gazette
SEPTEMBER 1, 2023
Frasers has increased its stake in Boohoo once again as its builds on its “strategic investment” into the fashion retailer. Mike Ashley’s empire upped its shares in the retailer from 9.1% to 10.4% on Thursday. The growing retail giant widened its stake in Boohoo earlier this week, expanding its 7.8% holding. Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Frasers previously described the etailer as an “attractive proposition” du
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
Retail Wire
SEPTEMBER 1, 2023
A judge has ruled that Burger King must face a lawsuit alleging that its Whopper burgers appear larger and meatier on its menus than in reality. The lawsuit, filed in 2022, accuses Burger King of misleading customers about its menu items by changing images to make the burgers seem bigger, with allegations of an increase.
Retail Dive
SEPTEMBER 1, 2023
While many in the industry have warned of challenges, the athletics retailer continued to outperform, recording double-digit profit growth.
Cisco Retail
SEPTEMBER 1, 2023
This blog was written by Annika Mammen, former User Experience Engineer at Cisco There are so many areas to consider when dealing with protecting and detecting threats, unfortunately cognitive… Read more on Cisco Blogs
Retail Dive
SEPTEMBER 1, 2023
Rosalind Brewer arrived a little over two years ago with deep retail experience, but that doesn’t seem to be the drugstore company’s priority, analysts say.
Advertisement
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.
RIS News
SEPTEMBER 1, 2023
Rosalind Brewer will be stepping down as Walgreens Boots Alliance (WBA) CEO and board member, effective August 31, 2023. Ginger Graham, currently the lead independent director of WBA, will serve as interim CEO.
Retail Dive
SEPTEMBER 1, 2023
The company has faced a reversal in the rapid growth it saw early in the pandemic as consumer trends shifted in the years since.
Shopping Center
SEPTEMBER 1, 2023
Chandler, Ariz. — Jewell Capital has sold SanTan Gateway North, a 123,558-square-foot retail center in Chandler. Coast Meridian Properties acquired the property for $26.6 million. Situated on 17.1 acres, the center… The post Jewell Capital Sells SanTan Gateway North Shopping Center in Chandler, Arizona for $26.6 Million appeared first on Shopping Center Business.
Retail Dive
SEPTEMBER 1, 2023
The company won the “Golden Ticket” from the mass merchant’s pitch competition for startups and will land in 1,800 Walmart stores as a result.
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
Expert insights. Personalized for you.
244 
Let's personalize your content