Retail TouchPoints
JULY 13, 2022
Secondhand furniture reseller Kaiyo has introduced its services on the West Coast with a launch in Los Angeles following its generation of $36 million in Series B funding. This most recent round brings the company’s funding to nearly $50 million , which will support Kaiyo’s expansion beyond Northeast U.S. cities including New York, Philadelphia, Baltimore and Washington, D.C.
Tokinomo
JULY 13, 2022
Nowadays, competition is fierce in most industries, including the retail sector. That’s why brands are trying their best to stay on top of the competition. Some brands focus on creating and selling new products that are trendier, like plant-based products. Other brands try to focus on their best-selling products.
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Retail TouchPoints
JULY 13, 2022
Between staffing shortages, rising labor costs, supply chain disruptions, heightened compliance requirements and record-high inflation, food retailers are facing a myriad of market challenges with ripple effects that directly influence consumer behaviors. Maintaining brand loyalty, for example, has become a critical challenge across the industry. A recent Wall Street Journal report indicated that nearly 70% of U.S. shoppers said they’ve purchased a new or different brand since the onset of the p
Inside Retail
JULY 13, 2022
Sunglasses retailer Soda Shades has been placed in administration, a victim of the global supply-chain crisis. . KordaMentha Restructuring, as voluntary administrator, has begun a sale process for the business, which sells eyewear on its own website, as well as through online fashion retailers including The Iconic. . The brand was once part-owned by social media influencer and entrepreneur Steph Claire Smith and her partner Josh Miller.
Speaker: Jason Cottrell and Gireesh Sahukar
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Retail TouchPoints
JULY 13, 2022
Color isn’t what we think it is. The idea that many designers believe colors such as green or blue are able to evoke some sort of hyper-specific emotion in any given retail environment is shocking. Using a hybrid lens in both sensory design and neuroscience, designers may unlearn, reequip and apply color science insights that lead to measurable behavioral outcomes.
Inside Retail
JULY 13, 2022
Interest in the collapsed Sneakerboy Group is running high, with the administrator already receiving 36 expressions of interest. Sneakerboy, which sold upmarket footwear and streetwear, including luxury label sneakers for upwards of $1500, entered administration on July 1, with Stephen Dixon of Hamilton Murphy Advisory subsequently appointed administrator. .
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
JULY 13, 2022
On Tuesday, the Australian government’s privacy watchdog opened an investigation into retail giants Bunnings and Kmart over their use of facial recognition technology in stores. The move followed a complaint by the consumer advocacy group Choice , which called the technology invasive and unwarranted. The complaint also named The Good Guys, which has since paused its use of facial recognition in stores. .
Retail TouchPoints
JULY 13, 2022
Denim and sportswear brand True Religion has hired its first Chief Financial/Chief Operating Officer with the appointment of Sandip Grewal. Grewal, who entered the role effective July 5, reports to True Religion CEO Michael Buckley. With Grewal’s appointment, True Religion hopes to reach a $500 million revenue goal. In March, True Religion appointed Scott McCabe as its SVP of Ecommerce as part of its plan to triple online revenues and achieve 50% ecommerce sales by 2025 through transforming into
Inside Retail
JULY 13, 2022
Retailers in Australia are facing an urgent and increasing problem with theft. The Australian National Retail Association estimates casual theft to have been responsible for industry losses of around $9 billion just last year – and with only an estimated 20 per cent of incidents recorded, the problem could be much larger in scale. With a correspondingly high incidence of assault and violence reported in retail stores, protecting the safety of staff and customers is just as much of an issue as th
Retail TouchPoints
JULY 13, 2022
99 Cents Only Stores is launching a new app to enable connected in-store shopping experiences with multi-language capabilities at all 382 locations in California, Texas, Arizona and Nevada. The app, which was created in partnership with Swiftly , aims to provide customers with enhanced mobile shopping experiences and generate new advertising revenue for the retailer.
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AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran
Cisco Retail
JULY 13, 2022
The Making of PENN1 – an insider’s view. I was fortunate enough to sit in on a recent conversation with a few of our partners that help bring the vision of our NYC PENN 1 hybrid workplace to life. At PENN1 we challenged ourselves and our partners to take an integrated approach to simplifying building management, reducing operational costs, and enabling a flexible hybrid work environment.
Retail TouchPoints
JULY 13, 2022
Right now, as business leaders, we are facing a myriad of crises — the war in Ukraine, the cost-of-living crisis in most Western nations, the so called ‘great resignation,’ the inequality crisis and, in my view the biggest of them all, the climate crisis. The climate crisis cannot be addressed without a lead from governments across the globe, but businesses have a crucial role to play too.
Cisco Retail
JULY 13, 2022
According to the UITP World Metro Figures 2021 report, approximately 3,300 km of new rail infrastructure was put in service between the start of 2018 and the end of 2020. This represents an infrastructure growth of 25% globally. During this timeframe, operational fleets worldwide increased by 28,000 vehicles to a total of 140,000 vehicles. In 2019, an average of 190 million passengers per day were taking the metro globally.
Small Biz Trends
JULY 13, 2022
In November 2021, a record 4.5 million American workers quit their jobs, part of a trend that has become known as the Great Resignation. Many workers leaving employment are turning to freelancing. Some choose self-employed gig work to supplement incomes, others because it allows them to work flexibly and pursue their passions with better pay. Employers should be mindful of the growing demand for flexible, freelance work.
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Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
Cisco Retail
JULY 13, 2022
Cisco Crosswork Network Automation is a microservices platform that brings together streaming telemetry, big data, and model-driven application programming interfaces (APIs) to redefine how service providers conduct network operations. Cisco Crosswork Network Automation offers a platform to collaborate, and build an application ecosystem around on-box innovation.
Retail Dive
JULY 13, 2022
With underperformance across its brands, many of the retailer’s problems are self-inflicted. But others are a sign of broader trouble in apparel.
Inside Retail
JULY 13, 2022
Alibaba’s Australia-NZ chief Maggie Zhou steps down. The CEO of Alibaba’s Australian and New Zealand operations, Maggie Zhou, is to leave the company after 22 years. One of the early employees of Alibaba after it was founded in China, Zhou relocated to Melbourne in 2016 to head up the Australian business and has subsequently played a leading role in helping businesses from Australia and New Zealand join the platform and expand their reach to the e-commerce giant’s 1 billion Chinese customers.
Retail Wire
JULY 13, 2022
Inventory levels are high for almost all retailers but especially at larger chains, according to industry experts. “You could look at an inventory-to-sales ratio and say, ‘Oh, they look like they’re doing OK,’” said Nikki Baird, vice president of strategy at Aptos. “But what’s happening under the covers is they’re way overstocked in these categories, and they’ve sold out on these, and they still can’t get a lot more of the things that are moving fast.”.
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Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.
Inside Retail
JULY 13, 2022
Tony Nash, the founder of online book retailer Booktopia, was last night ordered by the board to step down immediately, even as a search for a new CEO has yet to be completed. In a statement filed with the ASX, chairman Chris Beare said Nash – who built a $240 million business from scratch – would receive compensation of $375,000 as part of a bonus he was to otherwise receive related to the 2021 financial year.
Retail Wire
JULY 13, 2022
The prices that Americans pay for goods rose 9.1 percent year-over-year in June, according to the Bureau of Labor Statistics. Rising gasoline prices, which topped an average of $5 a gallon in June, were a big driver of inflation. Prices have been coming down in recent weeks with the average gallon of gas costing $4.63, according to AAA.
Inside Retail
JULY 13, 2022
Transitioning into adulthood, All Citizens founder Danny Charbonnet went shopping for underwear in New York for the first time a few years ago. A rude shock awaited. Among the 50-odd brands, there were only two categories of underwear at that time. The first was a hugely expensive and comfortable one, while the second class of men’s underwear was the pocket-friendly option, with inferior quality.
Retail Dive
JULY 13, 2022
The company is laying off 160 people in order to save $40 million, and has hired the woman who launched Amazon Prime Day as its chief customer officer.
Speaker: David Worrell, CFO, Author & Speaker
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Inside Retail
JULY 13, 2022
Australian omnichannel direct-to-consumer retailer Institchu has been offering made-to-measure suits since it launched 10 years ago, but now it’s on a growth trajectory, with the launch of its software-as-a-service product, Taper, and entry into new product categories. We chat with co-founders Robin McGowan and James Wakefield to find out what’s next for the business.
Cisco Retail
JULY 13, 2022
Modern businesses rely on network connectivity, including across the Internet and public cloud. The more secure, stable, and reliable these networks are, the better the user experience is likely to be. Understanding WAN performance, including Internet transit networking and how it affects application delivery, is key to optimizing your network architecture and solving business-impacting issues.
Inside Retail
JULY 13, 2022
Modest fashion has been making a splash on the high streets, online and the catwalk in several markets around the world. Recently, global fashion brand Boohoo, entered the modest fashion space, and its latest collection was designed by 20-year-old student Sameera Mohmed, off the back of a collaboration with Graduate Fashion Week. “The collection was designed by Sameera based on her approach to the original brief.
Small Biz Trends
JULY 13, 2022
Loan approval rates continue to slowly rise, with Small Banks and Alternative Lenders seeing the strongest growth during June. Of all lenders, loan rates only decreased with Credit Unions, and that was just a 1% decrease. “We are nowhere near pre-pandemic approval percentages, however,” said Biz2Credit CEO Rohit Arora. “Still, these are positive signs.” “Rising labor costs, combined with 8.6% inflation in May, continue to put a financial crunch on small companies,&#
Advertiser: ZoomInfo
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Inside Retail
JULY 13, 2022
Kathmandu parent KMD Brands has reported a record winter promotional period in Australia with second-half gross margins well above last year. In a trading update KMD Brands said that despite the Omicron outbreak impacting trade in its two core markets Australia and New Zealand – especially during the third quarter to the end of April – overall same-store sales at Kathmandu were up by 7.3 per cent year to date, and of Rip Curl by 2.1 per cent.
Retail Dive
JULY 13, 2022
The latest progression of the retailer’s digital transformation follows news that it fired its CFO and reportedly plans layoffs.
Small Biz Trends
JULY 13, 2022
Have you seen what’s on your credit report and do you know your credit score? Many people don’t, and that’s a problem. Your score is one of the most important numbers in your life. If you’re not happy with your score, it’s important to know how to fix your credit. In this article, we’ll discuss how to fix your credit score.
Retail Dive
JULY 13, 2022
The company, which is eliminating jobs for the second time in just a few months, is taking action as instant delivery faces an “inflection point,” according to a memo sent to investors.
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When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
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