Retail TouchPoints

OCTOBER 20, 2022

Luxury media outlet Modern Luxury Media has launched a new clothing rental service curated by Modern Luxury editors and powered by rental and logistics firm CaaStle. Modern Luxury Media’s ecosystem of 85+ brands across 22 markets includes Hampton’s Magazine , Ocean Drive and Aspen Magazine , reaching more than 16 million readers. The new ModLux.Rent platform offers members unrestricted access to the season’s latest styles from luxury brands for a flat monthly fee of $125.

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Fashion Shipping Returns Consumer 308

Inside Retail

OCTOBER 20, 2022

The Memo was founded to take the pain out of shopping for baby goods, an experience that can often be overwhelming for first-time parents. Which products are really essential, and which ones are just gimmicks? “I felt very overwhelmed by the options, and I felt quite underwhelmed by the level of service and the experience,” Kate Casey, co-founder and CEO of The Memo, told Inside Retail about the experience of visiting big-box stores when she was pregnant.

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Marketing Beauty and Health Brand Management Promotions 246

Retail TouchPoints

OCTOBER 20, 2022

Boots has partnered with RangeMe to help it source new, emerging and diverse brands for its stores. The retailer has been adding new brands to its portfolio and will leverage the partnership to add even more options for its customers. The partnership will grant Boots access to the more than 200,000 suppliers registered on the RangeMe platform, including SMEs and diverse businesses, in order to support fair and equal chances for them to compete for retail opportunities.

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ATS 304

Retail Focus

OCTOBER 20, 2022

Manchester Arndale has announced that Gilly Hicks and Clarks will be moving into part of the former Topshop space, taking two newly created units. This coincides with the announcement that iFix and Pizza Hut will also be joining the line up while Hollister has recommitted its future to the centre, relocating to the former Disney Store unit. The new Gilly Hicks store will be home to a range of activewear, loungewear and intimates.

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ATS Fashion Accessories Apparel 183

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.

Checkout

Retail TouchPoints

OCTOBER 20, 2022

As prices continue rising, consumers rely on a combination of their wallets and consciences when deciding which fashion industry trends to buy into. Produced by a collective societal desire for more holistic, eco-friendly products, shoppers are frequently prioritizing purchases of items with natural fibers rather than synthetics. Consumers are also pushing for brands to step away from “fast fashion” trends and promote sustainability in both product development and manufacturing, making efforts t

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Fashion Fast Fashion Apparel Consumer 295

Inside Retail

OCTOBER 20, 2022

For many people, Ikea is the place to go for bath towels, shower curtains, scented candles and all the other items needed for a relaxing bath experience. Now, they can add a water-recycling shower system to the list, following the furniture giant’s minority investment in Danish start-up Flow Loop. The aim of the investment is to make it easy and affordable for people to save both water and energy without compromising the shower experience, Ikea’s innovation ventures manager Robert Carleke told I

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Management Consumer Location ATS 130

Inside Retail

OCTOBER 20, 2022

After a difficult few years for the party industry, Sydney-based The Party People has made its first acquisition – buying up Mega Party Warehouse, and creating a wider umbrella company to run its operations, Fun Industries. Opened in 2018, Mega Party Warehouse sits in southwest Sydney and boasts a 2,400sqm footprint, making it the largest party store in Australia.

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Management Marketing Location Planning 130

Retail TouchPoints

OCTOBER 20, 2022

SES-imagotag offers the VUSION Retail IoT Cloud Platform, which aims to help retailers strike a balance between physical and digital retail in a way that eliminates waste, improves operations and caters to the needs and values of shoppers. Collectively, the VUSION suite of services are designed work together to promote agility, sustainability and an improved customer experience.

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Inside Retail

OCTOBER 20, 2022

The winter World Cup has added a new level of uncertainty to the Christmas trading outlook of Britain’s supermarkets: How do you persuade cash-strapped shoppers to buy yule logs and luxury biscuits at the same time as beer and pizza? Running between Nov. 20 and Dec. 18, the soccer tournament in Qatar falls directly in the key festive trading quarter where the fiercely competitive sector typically makes a large chunk of its annual profit.

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Retail TouchPoints

OCTOBER 20, 2022

Sam’s Club has completed the addition of inventory scanning capabilities to the fleet of robotic scrubbers in its nearly 600 stores. The cloud-connected Inventory Scan towers incorporated into the scrubbers capture data as the robot moves autonomously around the store, providing insights into product localization, planogram compliance, product stock levels and pricing accuracy verification.

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Management ATS Store Operations 262

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Management

Inside Retail

OCTOBER 20, 2022

Maggie Beer Holdings CEO Chantale Millard resigns. By Rakshnna Pattabiraman. Maggie Beer Holdings’ CEO and MD Chantale Millard says she plans to resign by the end of the year. Millard joined the company as CEO of Maggie Beer Products before taking on the helm as CEO of MBH in November 2019. She was instrumental in the acquisition of Hampers & Gifts Australia last year.

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Payment Services Department Stores Accounting Planning 130

Retail TouchPoints

OCTOBER 20, 2022

Purple Innovation , the digitally native mattress brand, has hired Keira Krausz as its Chief Marketing Officer following the departure of Patrice Varni, who joined the company in June 2021 as Chief Marketing and Digital Officer. Krausz will report to CEO Rob DeMartini when she steps into the role on Nov. 1, 2022. Krausz’s most recent experience was serving as the Chief Marketing Officer at digital health distribution platform HealthPlanOne , which she joined in August 2020.

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Marketing Management Planning ATS 253

Retail Wire

OCTOBER 20, 2022

The U.S. surgeon general is warning Americans that working at companies where employees are ill-treated and work hard with little return is bad for their mental and physical health. A survey in April and May by the American Psychological Association found that 18 percent describe their workplaces as very or somewhat toxic. Thirty percent said they have experienced harassment, verbal abuse and/or physical violence at work from fellow workers or customers.

Returns 130

Returns ATS 130

Retail TouchPoints

OCTOBER 20, 2022

Amazon is expanding its efforts to shut down fake review brokers by filing its first criminal complaint in Italy, filing its first civil lawsuit in Spain and launching another 10 lawsuits in the U.S. The ecommerce giant is targeting more than 11,000 websites and social media groups accused of attempting to orchestrate fake reviews on Amazon and elsewhere in exchange for money or free products.

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Accounting Shopping ATS 264

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.

Customer Experience

Retail Wire

OCTOBER 20, 2022

A slowdown in the job market had led some employers to believe that they have the leverage to demand that workers who have been doing their jobs remotely return to their offices. “Companies are a little less concerned that they’re not going to fill jobs if they lose people because of return-to-work policies,” said Jim McCoy, senior vice president of talent solutions for ManpowerGroup.

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Returns Marketing 130

Inside Retail

OCTOBER 20, 2022

Asos, the one-time British poster child for the shift to online fashion retailing, will overhaul its business model after the economic crunch and a string of operational problems hammered its profits. New CEO José Antonio Ramos Calamonte said that while Asos’s core business in the UK remained strong, returns from its international operations, particularly from the United States, were unsatisfactory and needed to be addressed.

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Fast Fashion Returns Fashion Planning 130

Retail Wire

OCTOBER 20, 2022

Senators Elizabeth Warren and Bernie Sanders have asked the Federal Trade Commission to block the merger between Kroger and Albertsons. Other senators, including Amy Klobuchar, Cory Booker and Richard Blumenthal, have expressed concerns about the deal.

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Inside Retail

OCTOBER 20, 2022

Starbucks has agreed to sell its Seattle’s Best Coffee brand to Nestle. The coffee company acquired Seattle’s Best nearly two decades ago as a secondary brand that targeted areas where its more “premium coffee” core business would not get the same support, with plans to expand the concept through retail, franchising and licensing. At one stage the company planned to expand the physical store network from around 3000 stores to 30,000, spread over 11 international markets.

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Wholesale Planning Consumer Marketing 130

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Point of Sale

Retail Wire

OCTOBER 20, 2022

The BQ.1 and BQ1.1 variants of Omicron currently make up 11 percent of all COVID-19 cases in the U.S. Dr. Anthony Fauci has expressed concern about the doubling rates for the variants, which may be able to avoid antibodies used in fighting the infections. Medical authorities have not yet determined if the new strains are more deadly than the Omicron BA.5 variant, which currently accounts for the majority of COVID-19 cases.

Accounting 100

Accounting 100

Inside Retail

OCTOBER 20, 2022

Birkin bag maker Hermes said it would likely hike prices by 5 per cent to 10 per cent in 2023, much more than in the past, after reporting a sharp rise in sales growth over the third quarter and seeing no signs of slowdown in any of its markets. Echoing upbeat comments earlier this month by rival Louis Vuitton owner LVMH, Hermes brushed off concerns that the industry’s post-pandemic boom could be cooling due to a looming recession, as U.S. shoppers took advantage of the dollar’s stre

Finance 130

Finance Marketing ATS Accessories 130

Retail Wire

OCTOBER 20, 2022

Nestle and Procter & Gamble both posted better-than-expected results yesterday as consumers continue to pay for the companies’ branded consumer packaged goods including Nescafe coffee and Gillette shaving products. “We are also seeing consumers moving to two different price points,” said P&G finance chief Andre Schulten. “A group of consumers is looking for value by trading into higher transaction sizes to find lower cost per use, or lower cost per unit.

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Consumer Finance 100

Small Biz Trends

OCTOBER 20, 2022

Seasonal business ventures remain one of the hottest small business trends thanks to the numerous business opportunities and the unique benefits these options offer budding entrepreneurs. After all, seasonal businesses such as those that only operate during the winter season allow small business owners to take extended breaks during their lengthy off-seasons or to spend that time strategizing ways to boost sales the next year.

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Accounting Marketing Boutique Shopping 116

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

Management

Retail Wire

OCTOBER 20, 2022

Hermes is taking up prices across its brands by five to 10 percent in January. That means that a Birkin bag, which currently costs about $7,200 will rise to about $8,000 next year. The company isn’t expecting pushback from its customers. Hermes plans to add 800 workers to its payroll in the second half of the year, a similar number to the first six months.

Planning 100

Planning Marketing 100

Small Biz Trends

OCTOBER 20, 2022

If you own a cleaning business or are in charge of keeping your small business location clean, a commercial vacuum can help make the job quicker and more efficient. Commercial vacuum cleaners are designed to run for longer periods of time than household vacuums. They also usually have more suction power and can be used on multiple surfaces. They can do some things that regular vacuums simply can’t do.

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Accessories Accounting Outdoor Location 111

Retail Wire

OCTOBER 20, 2022

Abbott Nutrition plans to build a $500 million facility to produce specialty and metabolic infant formulas after having its sole plant producing the products closed earlier this year over contamination concerns. The closure led to a national shortage of infant formula.

Planning 100

Planning 100

Retail Dive

OCTOBER 20, 2022

The giant shopping center REIT’s newly acquired 50% stake in mixed-use developer Jamestown suggests the traditional mall’s days are numbered.

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Shopping 113

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Small Biz Trends

OCTOBER 20, 2022

Heating oil prices jumped 38 cents in the last week, alone. That spike in the price of heating oil shatters the record high set just last week. The new average price for a gallon of residential heating oil in the US is a record-high $5.72. Last week, the price was $5.34. And these high prices, combined with the already high prices on electricity and other utilities, plus the increased costs due to inflation, continue to put more of a strain on small businesses.

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ATS 105

Retail Dive

OCTOBER 20, 2022

The company’s updates come just as consumers — who are feeling the impact of high prices — start shopping for holiday gifts.

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Shopping Consumer 112

A1 Retail

OCTOBER 20, 2022

ProCook, a UK direct-to-consumer specialist kitchenware brand, has announced its certification as a B Corporation (B Corp), acknowledging its membership of a select but growing group of companies committed to creating value for all stakeholders. The certification follows a rigorous assessment set by B Lab, the non-profit organisation behind the B Corp movement, whereby ProCook was required to reach a benchmark score by providing evidence of socially and environmentally responsible practices incl

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Consumer Shopping ATS 105

Retail Dive

OCTOBER 20, 2022

The retailer is bringing back its “Black Friday Deals for Days” event, beginning in early November and featuring products from Lego, Dyson and Apple.

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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

Customer Experience