Retail TouchPoints
JANUARY 25, 2023
Today, it seems cash is a thing of the past, with most shoppers leaning on credit cards or even mobile payment to complete transactions for both physical and online shopping. With the increase in these forms of payments, retailers are responsible for protecting their customers’ critical data from threat actors lurking around every corner, ready to siphon sensitive personal information.
Retail Focus
JANUARY 25, 2023
Different types of pre-cast retaining walls are used in many construction works. One of these is the king post wall, which looks different from other types. Using the proper type of retaining wall is necessary because it makes a huge difference in the property and the area’s safety. Concrete retaining walls are effective in preventing water build-up and soil erosion.
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Retail TouchPoints
JANUARY 25, 2023
A combination of regular annual increases and “targeted investments in starting rates” by Walmart will raise the average hourly pay of its workers above $17.50 , according to a memo shared with the retailer’s U.S. employees by Walmart U.S. President and CEO John Furner. “As you continue to focus on your customers, we’re focused on investing in you — our store associates — through higher wages and new opportunities to gain the skills to serve tomorrow’s customers and grow a career with Walmart,”
Tokinomo
JANUARY 25, 2023
Attracting and retaining customers is crucial for the success of any grocery store. Foot traffic, or the number of customers visiting the store, is a key metric in determining the store's sales and revenue.
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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.
Retail TouchPoints
JANUARY 25, 2023
Serta Simmons Bedding (SSB) has filed for Chapter 11 bankruptcy at the U.S. Bankruptcy Court for the Southern District of Texas. The filing is part of a “Restructuring Support Agreement with key financial stakeholders” aimed at reducing debt and enabling future investments, according to a company press release. The restructuring effort has the support of 81% of the retailer’s first lien, first out priority term loan lenders, 77% of its first lien, second out priority term loan lenders and a majo
Inside Retail
JANUARY 25, 2023
Levi’s has ended a solid year on a sombre note with revenue declining 5.7 per cent during the fourth quarter. The company reported net income of US$151 million compared with $153 million for the same quarter last year. Sales came in at $1.59 billion, compared with $1.69 billion in the same period a year ago. While there are some mitigating factors – including a robust performance during the consumer boom of last year and some unfavourable exchange rates – the dip takes a little of the shin
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail Wire
JANUARY 25, 2023
Dollar General is partnering with DocGo to test mobile healthcare clinics at three stores in Tennessee. The clinics will provide customers with access to “quick, easy health visits…right outside the store.
Retail TouchPoints
JANUARY 25, 2023
Smart home fitness mirror Fiture has a short, yet appropriate, tagline: “Don’t fit in. Fiture.” At its core, the brand is focused on making sure anyone and everyone can benefit from and enjoy fitness. And those core beliefs are reflected in everything the brand touches, whether it be an influencer partnership or an in-store experience. “We believe Fiture can remove barriers to fitness and bring back the joy of movement,” said Hannah Gates, Senior Brand and Campaign Manager for Fiture in an inter
Retail Wire
JANUARY 25, 2023
The annual rate of inflation has dropped for six consecutive months, but prices still remain substantially higher than a year ago. Some goods, notably eggs, have been hit with continually rising prices, well above the inflation rate.
Retail Dive
JANUARY 25, 2023
Despite Wegmans’ decision to abandon the technology last year, other retailers continue to offer the convenience-focused service — and more are showing interest in it, industry officials said.
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
JANUARY 25, 2023
Walmart is increasing its minimum hourly wage next month from $12 to $14. The pay raise brings Walmart closer to the minimum hourly wages paid by Amazon.com and Target, which pay $15.
Retail Dive
JANUARY 25, 2023
Happy Dance’s parent company, Cronos Group, has been exiting wholesale in its U.S. segment, which includes prestige brand Lord Jones.
Retail Wire
JANUARY 25, 2023
AmerisourceBergen, one of the largest suppliers of prescription drugs in the U.S., is changing its name to Cencora to reflect its expansion into other markets. The company, which buys medicines from pharmaceutical companies and distributes them to pharmacies, generated $239 billion in the last fiscal year.
Retail Dive
JANUARY 25, 2023
In 2021, HBC split the online and brick-and-mortar operations of its companies to gain financial and talent advantages. Now, all three spinoffs are cutting jobs.
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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
JANUARY 25, 2023
The Food and Drug Administration has proposed maximum limits for lead in baby foods that could cut the average child’s exposure to the heavy metal by about 25 percent. The Centers for Disease Control and Prevention has said that there is no safe level of lead for kids.
Shopify
JANUARY 25, 2023
Product bundling is another great way to help retailers achieve revenue goals. A curated collection of complementary products can help you capture casual browsers and eager-to-buy shoppers alike.
Retail Wire
JANUARY 25, 2023
Chewy’s Connect With a Vet pet telehealth service is the most scaled virtual platform in the industry, according to the retailer’s CEO Sumit Singh. Expansion of the service has been limited, however, due to regulations governing the veterinarian-patient relationship (VCPR). Most states do not allow veterinarians to diagnose conditions or prescribe medications until they have examined a pet in person.
Mass Relators
JANUARY 25, 2023
ST. PETERSBURG, Fla. – During the final quarter of 2022, even as the U.S. grappled with a “tripledemic” of flu, RSV and COVID-19, unit sales of vitamins and health supplements declined over the prior year while average unit prices rose, according to shopper intelligence leader Catalina. A clear exception was Herbal Immune Supplements, unit sales of which shot up 48% while their average price declined by 4%.
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
JANUARY 25, 2023
Three hundred of the 1,000 workers at an Amazon.com warehouse in central England have gone on strike in protest of a five percent pay hike given by the company. The workers argue that the pay raise is well below the increased cost of living in the country.
Talking Retail
JANUARY 25, 2023
The seminar programme for IFE, International Food & Drink Event, is now live, with this year’s event putting the issue of sustainability at the heart of discussions on a dedicated Sustainability Stage, sponsored by Elopak. Taking place on 20-22 March at ExCeL London and supported by Official Show Sponsor MHP Food, IFE is a comprehensive.
Retail Wire
JANUARY 25, 2023
Levi Strauss reported sales gains for six straight quarters. That streak is expected to end when the denim giant reports its latest quarterly results. Analysts are also expecting Levi’s to report lower margins as it increased promotions to drive sales during the holidays.
Theatro
JANUARY 25, 2023
More Than 40% of Americans Say Shopping at Physical Retail Stores Is “Less Enjoyable” Than Before Covid, with Most Blaming Inadequate or Poorly Trained Staff, New Study Shows Survey findings from Theatro reveal that while 63% of consumers are doing most of their shopping at in-store retail again, the recent holiday shopping season highlighted several key warning signs for retailers seeking to earn back customers.
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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.
VMS
JANUARY 25, 2023
PVH Corp. (New York), operator of the Calvin Klein and Tommy Hilfiger brands, has hired Donald Kohler as President, Calvin Klein Americas. Kohler will join the company on March 13 and report to PVH CEO Stefan Larsson. Kohler joins PVH and Calvin Klein with three decades of retail leadership experience. Over the past 15 years, he has led the Americas region for global brands including Burberry, Salvatore Ferragamo and Diesel.
Retail Dive
JANUARY 25, 2023
Following a previous antitrust suit focused on search, the DOJ now has its sights set on the firm’s alleged “stranglehold” on the ad-tech ecosystem.
VMS
JANUARY 25, 2023
Papa Johns (Atlanta and Louisville, Ky.) has debuted a new design for its overseas outlets. The chain says in a news release that its “Better Pizza. Premium ingredients” mantra is highlighted throughout the new restaurant’s look and layout through colors, lighting and decor. The first restaurant constructed in the new design has opened in China’s Hubei province, and another seven locations are currently under construction or renovation across Jordan, United Arab Emirates, Saudi Arabia and
Retail Dive
JANUARY 25, 2023
The company says the change will bring average hourly pay to $17.50 for about 340,000 workers.
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
Independent Retailer
JANUARY 25, 2023
Overstock inventory refers to the excess goods or merchandise that a retailer has on hand and is unable to sell within a reasonable amount of time. This is a great time to look for overstock deals now that the holidays and main retail selling season are over with. Retailers will have plenty of unsold inventory to clear out so they can reset for the new year.
Retail Dive
JANUARY 25, 2023
The company promoted two executives and added two new positions including a social media coordinator and a marketing coordinator.
LS Retail
JANUARY 25, 2023
iStock/jittawit.21 PWC UK analyzed over 200,000 jobs in 29 countries to explore the economic benefits and potential challenges posed by automation. They've identified three waves of automation that might unfold over the next 20 years. Discover what those three waves are and whether automation will impact jobs in the future.
Retail Dive
JANUARY 25, 2023
The Ohio center is the first of three to open as part of the retailer's plan to enhance supply chain efficiency.
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Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.
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