Mon.Nov 01, 2021

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Google Highlights 2021 Trends in Shoppable Digital Magazine

Retail TouchPoints

Google Shopping has teamed up with the fashion and pop culture publication PAPER to create a shoppable digital magazine highlighting the top trends of 2021 based on Google Trends data. Readers can shop the magazine — 21of21: A Shoppable Magazine of the Trends That Defined the Year — directly in Google Shopping. The interactive magazine outlines 21 trends that pushed boundaries in 2021 and features some of the hottest influencers and celebrities of the year, including Jennifer Coolidge, Bella Poa

Jewelry 280
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Bunnings’ Beaumont Tiles buy up complete

Inside Retail

Homewares giant Bunnings has finalised its buy up of Beaumont Tiles – a deal which brings the 61-year-old business under its leadership and gives Bunnings access to Beaumont Tiles’ trade expertise. Beaumont Tiles’ chief executive Danny Casey said the business, which will continue to run independently under the deal, is excited to work under Bunnings’ leadership.

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Pinterest Debuts Shoppable Livestreaming with Top Creators

Retail TouchPoints

Pinterest is launching into livestreaming with the debut of Pinterest TV — a series of in-app, live, shoppable video content that zeroes in on the platform’s social commerce potential. The new initiative also will help Pinterest and its brand partners capitalize on its incredibly engaged user base: Pinterest users (aka Pinners) spend 2X more than users of other platforms and have 85% bigger baskets at checkout, the company shared. .

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From the source: Blaine Callard, Freedom

Inside Retail

Last year, 40-year-old Australian furniture retailer Freedom underwent a significant turnaround, which involved a major rebrand, a return to its design-led roots and a focus on omnichannel. Here, Freedom CEO Blaine Callard discusses the importance of investing in people, why boring retail is dying, and how Amazon is trying to turn everything into an algorithm.

Checkout 246
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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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How to Build Ecommerce Experiences for the Metaverse

Retail TouchPoints

The COVID-19 pandemic has made consumers expect much more from retailers. If it’s not omnichannel, it’s not good enough for them anymore. Beyond the usual avenues of physical retail and online shopping, modern consumers also demand an experience that motivates them to buy. The days of text, images and basic ecommerce experiences in a 2D browser window have served us well, but virtual, augmented and mixed reality experiences are getting better all the time — and shoppers are noticing.

Marketing 264
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Deciem calls for calm with community-driven approach to Black Friday

Inside Retail

Global beauty brand Deciem is taking a more sustainable approach to the Black Friday sales period this year, instead offering customers savings throughout the entire month of November, alongside educational resources in a bid to prevent frenzied purchasing and overconsumption. Dubbed Slowvember, the campaign invites customers to take it easy by partaking in relaxing art and music experiences both online and in-store, and avail of personalised shopping services in order to make informed and consi

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Retailers now have a smarter way to accept payments

Inside Retail

With lockdowns ending and Christmas approaching, retailers are gearing up for a strong finish to a difficult year. And when shopfloors get busy, a reliable payments solution is essential – which is why CommBank’s new Smart terminal is the perfect addition to your store this holiday season. As Australia opens up again after months of lockdowns, retailers are looking towards a brighter future.

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GameStop COO departs after seven months

Retail Wire

Jenna Owens, GameStop COO, is leaving the retailer seven months into the position. GameStop, which did not provide an explanation for Ms. Owens’ departure, said her duties would be absorbed by other executives at the company.

ATS 130
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The modern retail playbook: Welcome to the future of physical retail

Inside Retail

Welcome to the first episode of The modern retail playbook , our new four-part video series with Commonwealth Bank, where we analyse what’s on the horizon for retail with some of the industry’s most respected leaders. In this first episode, Coco Republic creative director and co-owner Anthony Spon-Smith and Mirvac’s general manager of retail Kelly Miller discuss the future of physical retail with Jerry Macey, head of consumer at Commonwealth Bank.

Consumer 130
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Alibaba expected to go more low key for Singles Day

Retail Wire

Alibaba expanded its Singles Day promotion last year from a 24-hour event to one that lasted 11 days. This year the platform is dialing back the promotion to emphasize “eco-friendly consumption” and “supporting vulnerable populations” Alibaba appears to be pulling back based on pressure from the Chinese government.

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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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Country Road CEO Elle Roseby on diversity, going local and circular design

Inside Retail

This year, the iconic Australian heritage fashion brand made it to Inside Retail ‘s 20 Coolest Retailers in Australia list. We chat with CEO Elle Roseby about how the brand is supporting First Nations talent, the progress on their Reconciliation Action Plan and focus on local manufacturing. Inside Retail : This year marked Country Road’s second year sponsoring the National Indigenous Fashion Awards and Country to Couture with the Darwin Aboriginal Art Fair Foundation (DAAFF).

Fashion 130
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Grocers adjust on the fly as supply chain challenges mount

Retail Wire

Grocers are finding supplies of popular products going from plentiful to almost zero from week-to-week as demand grows, with COVID-19 remaining a factor across the U.S. and reports of stock-outs growing more common. “The fact is, it’s like whack-a-mole,” Vivek Sankaran, CEO of Albertsons Cos., said on a conference call recently. “On any given day, something is out of stock in the store.”.

Grocer 130
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From splurge to ‘common prosperity’: Alibaba tones down Singles Day

Inside Retail

Alibaba Group’s annual ‘Singles Day’ shopping spree is set for its most sober tone ever this year, as the retail giant preaches sustainability rather than hyping the usual sales boom amid calls by Beijing to promote “common prosperity” In 2020, Alibaba expanded what it calls the world’s biggest online shopping festival from a one-day November 11 event into a 11-day extravaganza, with celebrity performances and a sales metric ticking over live on a scoreboard t

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Bally Hike concept bridges the light, reflections, and distortions that nature has on our cities and landscapes.

Retail Focus

For the Bally Hike capsule collection, made in collaboration with Robert Rabensteiner, Seen Displays developed the concept – Hike Everywhere. Hike Everywhere is a scalable concept which has been delivered globally from Pop-ups in New York and Beijing to flagships in London & Milan to name a few. Photos: Tom Sibley. The concept of Hike Everywhere bridges the light, reflections, and distortions that nature has on our cities and landscapes.

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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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Cartier unveils Oceania flagship in Sydney CBD

Inside Retail

French luxury maison, Cartier, has offered a sneak peek of its new Oceania flagship store: which is set to launch in Sydney’s bustling George Street early next year. . The store will be opened on the ground floor of Pavilion Building, which is owned and was developed by Brookfield Properties and Oxford Investa Property Partners (OIPP). The two-storey Oceania flagship will feature a modern architectural façade with custom-designed curved sandstone and translucent exterior. .

Boutique 130
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Coca-Cola kicks off festive season with on-pack competition

Talking Retail

Coca-Cola Europacific Partners (CCEP) is launching an on-pack competition to kick-off its Christmas countdown. The “Win a meal, give a meal” competition is offering shoppers the chance to win e-vouchers from Love2Shop, which can be used at supermarkets and restaurant chains. For every entry, Coca-Cola will donate a meal to its long-term charity partner, FareShare, This story continues at Coca-Cola kicks off festive season with on-pack competition.

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Director ID changes come into effect: Here’s what you need to know

Inside Retail

Changes to company director IDs came into effect on Monday, with new directors required to apply for their new 15-digit unique identifier number within 28 days. Directors appointed on or before October 31 have more than a year to apply, however, and must secure their new ID by November 30, 2022. The changes will see some 2.7 million company directors apply for a new ID, which will stay with them for life as they move between companies, roles and even countries.

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AI Completes Beethoven’s Unfinished Symphony Nearly 200 Years Later

Nvidia

Growing up in the Nile delta, Ahmed Elgammal dreamed of becoming an archaeologist or art historian. He never imagined he’d wind up in a concert hall in Bonn listening to the premier of Beethoven’s Tenth, a symphony he helped finish with AI. “As a boy in Alexandria, I had a passion for art, but I was good at math. When it came time to pick a major in college, people said if I chose a career in art I’d have no money, so I went into computer science,” said Elgammal, now a professor at Rutgers and h

Planning 140
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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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Foot Locker promises strong growth for Atmos as takeover completed

Inside Retail

US-headquartered athletics retailer Foot Locker has completed its US$360 million acquisition of digital-first Japanese sneaker retailer Atmos. Atmos’s founder, Hidefumi Hommyo, and the entire Atmos team have transferred to the Foot Locker family and Richard Johnson, chairman and CEO of Foot Locker, said his company “deeply values” Atmos’s unique brand, innovative, experiential stores, premium offerings, collaborations and understanding of sneakerhead culture.

Consumer 130
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Why are department stores a target for e-commerce spinoffs?

Retail Dive

Those who've declared the Saks online-offline split a success now want the same for Macy's and Kohl's. Here's why they're vulnerable.

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Wait minute. Here’s why surveys and focus groups aren’t dead yet

Inside Retail

Big data is a topic that sits in a strange space. It is, arguably, both overhyped and underhyped at the same time. On one hand, the term ‘big data’ is used so frequently now that it feels like just another buzzword. Some discussions make it sound like the solution to all business problems is simply getting more data. Yet, some retailers are only starting to achieve the potential opportunities that big data can provide (such as true personalisation and forecasting).

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Coke makes $5.6B deal to acquire sports drink brand

Retail Wire

Coca-Cola plans to pay $5.6 billion acquire the 70 percent of BodyArmor that it doesn’t already own. The sports drink brand has the backing of professional athletes, including James Harden, Mike Trout, Mookie Betts, Kyler Murray and the late Kobe Bryant. The brand is expected to be valued at $8 billion once the deal is complete.

Planning 100
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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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The 3 Cs of upleveling your data strategy

Retail Dive

By building a data foundation, your company will be in a better position to not only connect with consumers in a meaningful way, but also to earn lasting loyalty.

Consumer 128
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Turkey shortage could affect Americans abroad

Retail Wire

Americans and Canadians abroad looking to celebrate their respective Thanksgivings may find it more difficult to get whole turkeys this year as evidenced by a shortage in Hong Kong. “It has been so crazy this year. It was very difficult to source even 20 turkeys in the market to [ensure] our Thanksgiving could move on,“ said Suki Wong, manager at Morty’s, an American-style deli chain in Hong Kong.

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5 takeaways on digital innovation from Walmart's top tech executive

Retail Dive

Offering contact-free shopping, boosting personalization and improving workforce efficiencies are among the key focuses for the company, according to Walmart Global CTO Suresh Kumar.

Shopping 122
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The Halloween that wasn’t for many

Retail Wire

Supply chain issues made it difficult if not impossible for many to find Halloween costumes this year. Pop-up player Spirit Halloween was low or out-of-stock at many of its 1,400 locations, as were retailers ranging from Amazon.com to Walmart.

Location 100
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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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Do retailers know their shoppers? A head to head survey shows a disconnect

Retail Dive

Scalefast and Retail Dive surveyed 203 retailers and 284 shoppers to better understand the DTC customer's perspective and the retailer's view of that perspective.

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Labor market shows signs of a turnaround

Retail Wire

New unemployment claims have fallen steadily over the past month and there is evidence to suggest that workers are feeling more confident in returning to work. “Job growth picked up in the month of October, with a lot of the temporary head winds that held it back in the last few months less of an issue,” said Bill Adams, senior economist for the PNC Financial Services Group.

Marketing 100
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Top digital beauty trends for 2021

Retail Dive

Now more than ever, beauty and wellness sellers have a complex set of needs ranging from communication tools, in-person and online booking, sales, and contactless payments.

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Ralph Lauren to bring new color-dyeing tech to stores

Retail Wire

Customers at Ralph Lauren stores next year will be able to personalize purchases by dying shirts on-premises. Lauren’s Color on Demand project will enable it to “meet personalized consumer demands faster than ever before.”.

Consumer 100
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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