Retail Dive
OCTOBER 23, 2023
In the highly competitive world of e-commerce, pricing for profit is a constant challenge, too high and you lose customers, too low and you’re missing margin targets. What’s the solution to this dilemma?
Inside Retail
OCTOBER 23, 2023
Retail’s blocks used to be entirely brick and mortar. E-commerce then shifted some blocks online. Now, blockchain is building on the foundations of both by influencing everything from payments and loyalty programs to retail locations and supply chains. Building payments with blockchain The idea that a major retailer could provide its own stablecoin, or fiat-backed cryptocurrency, is tantalising.
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Retail TouchPoints
OCTOBER 23, 2023
Gen Z’s spending power is growing. That’s why brands are focused on truly understanding their behaviors and preferences across all channels. To shed light on how Gen Z prefers to shop in stores, MG2 conducted a comprehensive study that included both qualitative and quantitative feedback. The results paint a detailed picture of this influential cohort, helping brands break free of their pre-existing notions and biases.
Inside Retail
OCTOBER 23, 2023
L’Occitane beauty brand Sol de Janeiro is expanding in Asia Pacific travel retail channels through a partnership with Heinemann Australia, starting with an installation at Sydney Airport’s international departures area. Sol de Janeiro, meaning “Sun of January” in Portuguese, was founded by Heela Yang, inspired by her time in Brazil.
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 Wire
OCTOBER 23, 2023
Walgreens Boots Alliance has confirmed the appointment of Tim Wentworth, former CEO of Express Scripts, as its new CEO. Wentworth’s distinguished.
Inside Retail
OCTOBER 23, 2023
US modern home furniture chain Blu Dot has opened a showroom in Collingwood, Melbourne. The launch marks the brand’s second brick-and-mortar store in the country and 17th worldwide since its establishment in 2008. Preston Lane designed the building’s architecture while Hecker Guthrie was in charge of its interiors, combining modern and heritage architectural elements.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
OCTOBER 23, 2023
The Southland Muffin Break store has been fined $10,000 after being convicted of over 360 breaches of the child employment laws. Rianshi Pty Ltd, trading as Muffin Break (Southland), pleaded guilty to employing three children under 15 without a permit on 111 occasions. It also employed the children for longer than the promulgated number of hours and failed to ensure supervision and sufficient break time for the children.
Retail TouchPoints
OCTOBER 23, 2023
As AI has moved into the spotlight, businesses have found themselves performing the tricky balancing act of touting their use of this transformative tech while also assuaging fears about the impact it could have on the world. In July, some of the biggest names in AI — including Amazon , Google , Meta , Microsoft and OpenAI — agreed to a set of commitments developed by the White House to ensure the “safe, secure and transparent” development of AI technologies.
Inside Retail
OCTOBER 23, 2023
Greeting card retailer Hallmark Australia has opened a new concept retail store at Blackburn Square Shopping Centre in Victoria. Aside from gift cards and gift packaging, the new store offers Hallmark-branded collectibles such as Keepsake ornaments, recordable storybooks, and newly launched Better Together plushies. In addition, the store offers locally sourced items including Frankie Gusti candles, Miss Frankie nail polishes, and Bopo Women beauty products.
Retail TouchPoints
OCTOBER 23, 2023
After about five years in business, baby and family care brand Hello Bello has voluntarily filed for Chapter 11. Despite the hype surrounding the brand and the star power of its Founder, actress Kristen Bell, the brand has struggled to stand out in an increasingly competitive category that is now brimming with direct-to-consumer and challenger brands.
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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.
Tokinomo
OCTOBER 23, 2023
Campaign scoop Is it a commercial? Leslie David Baker and Phyllis Smith, former co-stars from The Office, share a casual moment while enjoying a bowl of Honey Nut Cheerios. During their snack, they are visited by BuzzBee, the mascot for Cheerios. BuzzBee is concerned that he might have missed his opportunity to promote the cereal's health benefits in a commercial.
Retail TouchPoints
OCTOBER 23, 2023
Steven Madden has completed its acquisition of the privately held women’s fashion label Almost Famous , further expanding its reach in the apparel category. Almost Famous markets products under its own brands (primarily Almost Famous), which can be found at retailers including Kohl’s , Macy’s , Walmart and Amazon Fashion. The company also develops private label brands for a range of retailers, including mass merchants, department stores, off-price retailers and chain stores in the U.S.
Retail Wire
OCTOBER 23, 2023
The United Automobile Workers (UAW) union has initiated a strike involving 6,800 workers at a Ram pickup truck manufacturing plant in Michigan.
Retail Focus
OCTOBER 23, 2023
Grosvenor has announced that women’s active streetwear brand, Red Run, has opened the doors to its new flagship store at Liverpool ONE. The opening is an important milestone in the growth of the popular fashion-forward brand and represents Liverpool ONE’s dedication to supporting the development of local, independent businesses. The new 1,400 sq ft store on Liverpool ONE’s Manesty’s Lane showcases Red Run’s cleverly curated, high-quality active streetwear collections and to celebrate the openi
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
OCTOBER 23, 2023
ASAP Rocky Puma is the new team-up as rapper and fashion collaborator, A$AP Rocky, takes on the role of creative director for Puma's Formula 1 partnership,
Inside Retail
OCTOBER 23, 2023
As China’s economy grapples with the aftermath of the pandemic, e-commerce giants Alibaba and JD.com are pulling out all the stops for their annual Singles Day shopping festivals, with both players set to unleash an unprecedented level of discounts and deals. While Alibaba seeks to offset declining consumer confidence with a wide array of 80 million discounted products and price reductions of up to 15 per cent, JD.com has chosen to break away from traditional pre-sales, offering genuine l
Retail Wire
OCTOBER 23, 2023
In response to the escalating retail crime crisis, the National Retail Federation (NRF) is spearheading an initiative called Fight Retail Crime Day, scheduled
Inside Retail
OCTOBER 23, 2023
Founded in 1934, Ashford Handicrafts is a family-owned New Zealand brand that specialises in manufacturing spinning wheels and weaving looms for crafting. Here, director James Ashford discusses re-entering a business he grew up working in, and how it’s using emerging technology to facilitate innovation in the crafting category. Inside Retail : Tell me about Ashford Handicrafts?
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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
OCTOBER 23, 2023
Costco has announced that its current President and Chief Operating Officer, Ron Vachris, will ascend to the role of Chief Executive Officer on January 1,
Inside Retail
OCTOBER 23, 2023
Providoor has relaunched in Sydney, Melbourne and Brisbane following the acquisition made by founder of Seventh Street Ventures Sam Benjamin. The company’s comeback features a line-up of celebrity chefs and food personalities such as Matt Preston, Silvia Colloca, Anna Polyviou, Luke Nguyen, Gary Mehigan, Manu Feildel, Justin Narayan, and George Calombaris.
Retail Wire
OCTOBER 23, 2023
US oil producer Hess Corp, founded by Leon Hess with a secondhand truck delivering fuel oil during the depression, has been sold to Chevron Corp.
Dezeen
OCTOBER 23, 2023
Cultural centre Het Nieuwe Instituut is rethinking the archetypal museum shop with a pop-up at Dutch Design Week , designed to encourage more ethical, resource-conscious consumption. Instead of offering a straightforward exchange of wares for money, New Store 1.0 offers patrons the opportunity to trade their urine for a piece of P**s Soap and encourages them to place their phones on specially designed fixtures to provide lighting for the venue once the sun goes down.
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
OCTOBER 23, 2023
Amazon has revealed its latest delivery drone, the MK30, which is smaller, faster, and boasts double the flight range of its predecessor, the MK27.
Retail Gazette
OCTOBER 23, 2023
The government has launched a new Retail Crime Action Plan to combat shoplifting today. The plan, published by the National Police Chiefs Council, sets out how police should respond to and investigate thefts against convenience stores and other retail businesses. The guidelines for police officers focuses on areas including prioritising attendance at the scene of violent crimes, how retailers should report crimes, and identifying “hot spot” locations where additional patrols would be
Retail Wire
OCTOBER 23, 2023
In a surprising crossover, Marvel’s iconic heroes will soon be featured in Magic: The Gathering with the release of new “collectible.
Retail Gazette
OCTOBER 23, 2023
Hamleys will re-open its Christmas Grotto at the iconic luxury hotel The Ritz London this December. Following the success of its first year, the toy retailer has extended its stay with the magical experience running from Wednesday 6 to Sunday 10 December. The exclusive festive experience themed ‘A Journey Through Christmas’ will take place over two thematic rooms where children can take part in Elf-themed fun and games before their meeting with Father Christmas.
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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.
Retail Wire
OCTOBER 23, 2023
Crocs, the iconic and often divisive footwear brand, is set to expand its portfolio with the release of a cowboy boot variant - spurs included.
Retail Gazette
OCTOBER 23, 2023
JD Sports has launched its new loyalty app in the UK, marking a “significant milestone” in the retailer’s aim to improving customer experience. Shoppers can receive 10% cashback on their first purchase with JD Status and 1% cashback on every additional purchase to spend with the sports retailer. The app is being rolled out nationwide following a successful eight-week trial in 10 of its stores in the north-west of England.
Retail Wire
OCTOBER 23, 2023
Akbar Al Baker, the long-standing CEO of Qatar Airways, has announced his sudden resignation, effective from November 5.
Retail Gazette
OCTOBER 23, 2023
Lidl has become the third largest supermarket in London, overtaking rival retailer Asda as it hits a market share high of 9.1%. The grocer experienced the fastest growth out of all supermarkets in the city and was named the fastest-growing supermarket in the UK overall by Kantar. The supermarket said its growth forms part of its £500m investment into the capital under its strategy to ensure all Londoners have a Lidl store within easy reach.
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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