Thu.Dec 28, 2023

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Look Back: Top retail CX stories of 2023

Retail Customer Experience

The year 2023 was one of retail innovation when it comes to retail customer experience. In case you missed any coverage, here’s a rundown of top brands and retailers embracing new technology to boost the customer experience.

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US Beer Industry Faces Its Worst Point in 25 Years

Retail Wire

The beer industry is undergoing what appears to be a significant transformation. Current trends suggest that the industry's U.S. shipments will fall to their lowest level in a quarter-century by the end of the year.

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The Container Store Names New Digital Chief, SVP of Stores

Retail TouchPoints

The Container Store has promoted two executives as it continues to focus on strengthening its “Custom Spaces” business. Lindy Rawlinson, formerly EVP of Ecommerce and Digital Marketing has been promoted to Chief Digital Officer; and Jennifer Pape formerly of VP of Stores has been elevated to SVP of Stores. Both Rawlinson and Pape will report directly to CEO and President Satish Malhotra.

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Portland International Airport Welcomes Therapy Llamas

Retail Wire

The Portland International Airport has welcomed a comforting pair of therapy llamas to help ease the stress of holiday travelers.

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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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Connected Packaging: Closing the Sustainability Gap Between Intention and Action

Retail TouchPoints

BCG’s research into consumers’ sustainability attitudes and actions is a very stark expression of three fundamental problems related to sustainability: 1. There are a raft of governmental targets and commitments that have no chance of succeeding unless they are actively understood by consumers and put into practice. 2. There are a host of global brand companies that, though they nod to more sustainable practices and have extensive roadmaps, have not found the investment ambition to bring their c

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Westside Pavilion Bought by UCLA Instead of Google

Retail Wire

The University of California, Los Angeles has acquired control of the Westside Pavilion property.

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More Trending

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Harvard Study Reveals Social Media Companies Made $11B in US Ad Revenue From Minors

Retail Wire

A recent Harvard study has found that social media companies have collectively made over $11 billion in U.S. advertising revenue from minors.

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Four Asda stores could strike in the new year

Retail Gazette

Four Asda sites in the south of England could face industrial action in the new year, after staff at its Gosport store voted to strike recently. The GMB trade union revealed staff at the Gosport superstore in Hampshire would strike from 12 January to 28 January last week. A further three unnamed stores have since claimed they are seeking to do the same.

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Federal Trade Commission Sues Largest Christian University in US Over Advertising

Retail Wire

The Federal Trade Commission is suing the largest Christian University in the U.S., Grand Canyon University, for deceptive advertising.

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The Backroom: Doug Stephens’ retail predictions for 2024

Retail Dive

The retail and branding expert discusses the state of the consumer, the habits companies should leave behind in 2023 and what lies ahead in the new year.

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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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New Year’s Eve Revelers Paying Upwards of $12K to Ring in 2024 in Times Square

Retail Wire

Times Square may be the place to be as far as ringing in New Year's Eve. However, saying hello to 2024 is going to cost some partiers big time.

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Free shipping is more important to shoppers than same-day delivery: Forrester

Retail Dive

The costs of implementing same-day and next-day delivery might not be worth it given the level of consumer interest in the service.

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General Motors Challenges San Francisco Over Hefty Taxes

Retail Wire

American vehicle manufacturing behemoth General Motors (GM) is battling the City of San Francisco with a lawsuit.

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A look at 2023 trends and what’s ahead in 2024

Retail Customer Experience

Data is key for better understanding your target audience and with the right data — consumers will be less inclined to hit the dreaded unsubscribe link and run toward competitors. Here are some of the marketing trends that will continue to help retailers supercharge their efforts in 2024.

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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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AirTag Helps Track Down Stolen Luggage From Charlotte Douglas International Airport

Retail Wire

A family from Miami used an Apple AirTag to track their stolen luggage from the Charlotte Douglas International Airport.

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Selfridges seeks cash from co-owner after Signa files for insolvency

Retail Gazette

Selfridges has asked parent company Central Group for cash to pay its upcoming debt commitments as co-owner Signa filed for insolvency yesterday. Signa, the retail and property empire created by Austrian billionaire René Benko filed for insolvency for two of its key divisions, including Signa Prime Selection, which co-owns properties such as the Selfridges department store in London and Berlin store KaDeWe.

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Billionaire Lei Jun Aims To Beat Tesla and Porsche With Xiaomi’s First EV

Retail Wire

The billionaire co-founder of Xiaomi, Lei Jun, has unveiled an extensive plan to enter China's electric automotive market and compete with car giants such as Tesla and Porsche.

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Splashy AI-Powered Wearable

LS Retail

©iStock/CoreDesignKEY Humane recently announced that the AI Pin , its splashy AI-powered wearable, will start shipping in March 2024. People who placed priority orders will get their devices first, and Humane says it will ship orders based on the date of purchase, according to a post on X (formerly Twitter). The device can pick from different AI services to respond to your queries — all without forcing you to look at a screen.

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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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Uniqlo UK boss vows to cut prices to attract more shoppers

Retail Gazette

Uniqlo’s UK boss has committed to reducing prices as inflation eases as it seeks to attract more shoppers amid its expansion in the country. The fashion chain plans to pass on the falling cost of materials to consumers by cutting prices on premium items, Alessandro Dudech told The Telegraph. “We believe in passing on those price reductions,” he said.

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Trending Topics & Takeaways from 2023

Miller Zell

As customer experience partners for retailers and other businesses with branded environments, Miller Zell provides clients an optimized collaboration of right and left brainers.

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Retailers to foot bill for consumer tech recycling

Retail Gazette

Retailers are set to pay for shoppers’ e-waste recycling from 2026 under new UK plans from the Department for Environment, Food and Rural Affairs (Defra). UK producers and retailers are planned to cover the bill for household and in-store collections of electrical waste, the government department revealed in a consultation published today. The measures include the requirement for larger retail companies to create free “collection drop points for electrical items in-store” without needing t

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Retail Adventures Podcast: What's Happening at Retail - December 2023

Retail Adventures

Click HERE or on the photo above to watch! The Retail Adventures Gang is back with a podcast wrapping up 2023. We talk about Macy's proposed buyout, Black Friday and Cyber Monday, Holiday shopping, what's happening in New York City, Singapore, and London, shopping centers, car parks, and of course, Jason's covetable Christmas sweater collection. We may be from all over the globe, but it’s a small world when Rich, Georganne, Jason, Jeremey and Ian get together.

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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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Best of 2023: The 13 new female CEOs leading UK retailers

Retail Gazette

The number of women hired as chief executives of UK retailers rose to a record high last year. Thirteen female leaders were hired to the top job of UK retailers in 2022, which equates to 31% of the 42 appointments made, according to management consultancy Korn Ferry. Retail Gazette looked into the new intake of female CEOs. Lyssa McGowan, chief executive, Pets at Home Pets at Home hired Sky chief consumer officer Lyssa McGowan as its new chief executive.

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Currys and Pennies Surpass £1 Million in Charitable Contributions through Customer Micro-Donations

365 Retail

Currys, in partnership with the award-winning UK fintech charity Pennies , has successfully raised over £1 million for charity. This milestone has been achieved through customer micro-donations, demonstrating the power of collective small contributions. The partnership has enabled support for various charities, including the Digital Poverty Alliance in the UK and My Canine Companion in the Republic of Ireland (ROI).

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Best of 2023: Frasers – can the ‘next generation’ format fix the ‘broken’ department store model?

Retail Gazette

Frasers Group unveiled its latest Frasers flagship in Norwich in September as it continues the rollout of its upmarket “next generation” department store format. The premium concept, which launched in Wolverhampton back in 2021, looks to “rewrite the rulebook and redesign the department store”, explains Frasers Group head of luxury and premium Lauren Barrie.