Wed.Aug 10, 2022

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How EMERGE in Color’s Design Connected Black Creatives With Luxury Consumers

Retail TouchPoints

Photo courtesy of EMERGE In Color. Photo courtesy of EMERGE In Color. Photo courtesy of EMERGE In Color. Photo courtesy of EMERGE In Color. Photo courtesy EMERGE In Color. From left, Tori Nichel, Lori McGhee-Curtis and Frenchye Harris Photo courtesy of EMERGE In Color. Even though it operated for little more than one month, EMERGE In Color at Los Angeles’ Beverly Center created a powerful space for Black designers and Black-owned businesses that are too often overlooked by retailers in the high-

Consumer 321
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Adore Beauty CEO resigns to take up new role

Inside Retail

Adore Beauty Group CEO Tennealle O’Shannessy is to step down prompting a global search by the company’s board for a replacement. In an ASX filing, Adore chair Marina Go said O’Shannessy would leave the company in February next year to take up a new role as CEO and MD of the Australian-listed company IDP Education. Go paid tribute to the outgoing CEO’s “outstanding leadership and contribution during a particularly challenging couple of years”.

Planning 263
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Strategies for Retailers to Weather the Storm this Hurricane Season

Retail TouchPoints

Hurricane Season 2022 is underway, and with it comes the looming threat of outages and downtime for retailers. Forecasters are projecting an above-average storm season for the sixth consecutive year , with the first tropical storms forming and Hurricane Agatha already making landfall in May. As we head into the peak of the season, retailers should review their disaster avoidance strategies as they seek to protect critical equipment and prevent downtime.

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The Challenges and Opportunities Facing City Centre Retail

Retail Focus

Napoleon once described the UK as a “nation of shopkeepers”. While intended as an insult, Brits are pretty happy with that depiction as we are, indeed, a country of ingenious and creative entrepreneurs that are always looking for new ways to serve our customers better. . No more so is that spirit visible than in the retail space, where a true nation of shopkeepers are constantly evolving their offering to face the challenges and opportunities that face them. .

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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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Can Retailers Escape Inflation?

Retail TouchPoints

Retailers are facing a dilemma. Record inflation is forcing unwanted price increases while eroding already frayed consumer loyalty, hitting their bottom lines. Retailers can escape inflation’s grasp, and counter revenue erosion — but to do so, they must look far beyond their balance sheets. With UK inflation rising to 9.1% , its highest levels in 40 years, it’s no wonder that total UK retail sales in May declined by 1.1% compared to May 2021.

Consumer 288
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Afends opens two stores in Sydney, including CBD flagship

Inside Retail

Streetwear fashion label Afends is expanding its footprint by launching two stores in Sydney, including a store in The Galleries and a concept retail location on Newtown’s King Street. Afends at The Galleries. The company claims the stores showcase the brand’s surf and skate culture and its focus on long-lasting, environmentally-friendly clothing. .

Fashion 246

More Trending

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Who are the 20 Coolest Retailers in Asia?

Inside Retail

The 20 Coolest Retailers in Asia report was brought to you by Inside Retail and our valued partner, Adyen. Welcome to our annual report celebrating some of the most trendsetting retailers across the Asia-Pacific region: the 20 Coolest Retailers in Asia. The report, now in its second year, celebrates some of the most daring, innovative and fresh retailers across a broad range of categories, as well as those focusing on more than just business-as-usual.

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Warby Parker Plans 63 Layoffs to Enhance Agility Amid Uncertain Consumer Behavior

Retail TouchPoints

Warby Parker is cutting 63 corporate jobs as part of a restructuring effort, representing approximately 15% of its corporate workforce or 2% of all employees, according to a letter obtained by Retail TouchPoints. The layoffs will not impact members of Warby Parker’s Lab team or customer-facing retail or customer experience teams. “As we have discussed over the past few weeks, the global economy continues to face significant volatility and uncertainty,” said the letter.

Consumer 278
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The future of grocery retail | Expert round-up

Tokinomo

A pandemic, the rising inflation and cost-of-living, everchanging trends, demanding customers, and supply chain issues. These are just a few things that impact the retail industry. While most articles and statistics discuss the retail sector as a whole, we’ve decided to focus on a part of retail that is essential for everybody: groceries.

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How To Set Up A Retail Business

Retail Focus

The restrictions imposed during the coronavirus pandemic resulted in many people learning new skills or returning to hobbies that had previously fallen by the wayside. In some cases, it has led to a complete career change. If you’ve decided to take the plunge and set up a retail business, this article includes some top tips to help you with every step from writing a business plan to organising your marketing strategy and financials.

Planning 147
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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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How EMERGE in Color’s Design Connected Black Creatives With Luxury Consumers

Retail TouchPoints

Photo courtesy of EMERGE In Color. Photo courtesy of EMERGE In Color. Photo courtesy of EMERGE In Color. Photo courtesy of EMERGE In Color. Photo courtesy EMERGE In Color. From left, Tori Nichel, Lori McGhee-Curtis and Frenchye Harris Photo courtesy of EMERGE In Color. Even though it operated for little more than one month, EMERGE In Color at Los Angeles’ Beverly Center created a powerful space for Black designers and Black-owned businesses that are too often overlooked by retailers in the high-

Consumer 130
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How Aussie food chain Fishbowl is turning fast food on its head

Inside Retail

Unconventional fast food business Fishbowl is turning the fish-and-chip shop experience on its head. Co-founders Nathan Dalah and Nic Pestalozzi discuss their passion for health and wellness and the business’ sustainability efforts. Inside Retail : Tell me the story behind how Fishbowl began. Nathan Dalah : I was studying a combination of business and law at uni.

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Global supply chain bottlenecks are opening up

Retail Wire

Bottlenecks in the global supply chain have eased in recent months as demand has slowed and overseas factories operate without COVID-19-related interruptions. “It’s a massive traffic jam that is now unclogging,” said Phil Levy, chief economist at Flexport.

ATS 130
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Challenge the status quo: Why Amazon is trialling over 120 interns

Inside Retail

At a time when many players in the retail industry are struggling to fill positions, online giant Amazon Australia is building on its internship program to bring new, fresh faces into the business. While providing a valuable opportunity for hopeful recruits, the program also brings new ideas and perspectives to Amazon’s teams. Amazon welcomes students from any university across the country, and pays them to intern in many parts of its operations, including web services, operations, and consumer.

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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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Kroger rolls out belted self-checkout after successful test

Retail Wire

Kroger is introducing self-checkouts with conveyor belts like conventional registers into 20 additional stores in the Cincinnati area.

Checkout 130
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Facebook calls time on Live retail selling system

Inside Retail

Retailers will no longer be able to host any new or scheduled Live Shopping events on Facebook from October 1, according to a statement by parent Meta. While Facebook users will still be able to broadcast live events on the platform, the ability to create product playlists and tag product features on Facebook Live will be disabled. Meta says retailers will still be able to use Reels on Instagram as a live shopping feature.

Shopping 130
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Vacations and IT Operations: Calm the Chaos

Cisco Retail

L earn more about Cisco Intersight – Blog 1 of 3 in a weekly series where we explore how to get the most from your vacation and hybrid cloud management. As I prepare to head out on summer vacation, I can’t help but realize that planning a vacation is a lot like managing IT operations. Both require coordinating a handful of individual tasks (from booking flights and reserving a hotel to deploying servers and resolving issues and more).

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“Everyone’s go-to brand”: Indonesian label Claude lands in Singapore

Inside Retail

With much fanfare, Indonesian fashion label Claude has finally arrived in Singapore. The on-trend Gen Z brand was founded by Tommy S. Budihardjo and creative director Christie Johana four years ago. Now, the pair have opened their first bricks-and-mortar store in the Takashimaya shopping centre, a 1,600 square feet homage to the brand’s affinity for lilac and mint green hues with curved outlines.

Fashion 130
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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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Chipotle to pay NYC workers after allegedly violating their rights

Retail Wire

Chipotle Mexican Grill has agreed to pay up to about $20 million to 13,000 workers in New York after being accused by the city’s Department of Consumer and Worker Protection of violating their rights under the Fair Workweek and Paid Safe and Sick Leave law. “We’re pleased to be able to resolve these issues and believe this settlement demonstrates Chipotle’s commitment to providing opportunities for all of our team members while also complying with the Fair Workweek law,” said Scott Boatwri

Consumer 100
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Real Estate Investment Firm Centennial Acquires Operating Platform of Bayer Properties

Shopping Center

Dallas and Birmingham, Ala. — Dallas-based real estate investment firm Centennial has acquired the operating platform of Birmingham-based Bayer Properties. Bayer’s management portfolio includes nearly 8 million square feet of open-air fashion, power and neighborhood retail centers, as well as mixed-use… The post Real Estate Investment Firm Centennial Acquires Operating Platform of Bayer Properties appeared first on Shopping Center Business.

Fashion 105
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Sweetgreen lowers forecast and announces layoffs

Retail Wire

Sweetgreen is cutting about five percent of its support center staff and moving to a smaller office building after posting weaker than expected sales in the most recent quarter. The salad chain has cut its annual revenues and earnings forecast.

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Tips On Successfully Shipping CBD Elsewhere

365 Retail

CBD-based products’ popularity has soared in the UK. CBD has risen from obscurity to health and wellness superstardom which is great news for anyone interested in marketing CBD-based goods. The CBD industry is nowadays so popular that it is estimated to be worth $2.8 billion globally. However, a common issue is whether or not it is allowed to transport CBD from the UK to other countries.

Shipping 105
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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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Workers go back to restaurant jobs in search of big tips

Retail Wire

Danny Meyer, the founder of Union Square Hospitality Group, said that inflation-fueled tips are bringing workers back to the restaurant industry. Inflation has caused menu prices to rise and that means “if you do have a tipping model in your restaurants, servers are making more money than they’ve ever made before,” said Mr. Meyer.

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Can UpWest lead the way forward for Express?

Retail Dive

The DTC brand is opening stores, will launch a partnership with a major retailer this year and may be just the thing the specialty retailer was looking for.

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Ralph Lauren and Capri show continued strength of luxury goods

Retail Wire

Ralph Lauren and Capri, the parent company of Versace and other brands, posted strong revenues and earnings as luxury goods sales continue to grow in the face of inflationary prices. Ralph Lauren’s sales were up 8.3 percent and Capri’s rose 8.5 percent.

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Spotlight: True Friends Moving Company Makes Moving a Breeze

Small Biz Trends

Only true friends will help you move. Luckily, that includes the folks at True Friends Moving Company in Nashville. The business is the product of an entrepreneur who always dreamed of business ownership – he even left behind other steady opportunities to pursue this dream. Read all about it in this week’s Small Business Spotlight below.

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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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Applebee’s and IHOP attract wealthier patrons

Retail Wire

Consumers are looking to stretch their food dollars, choosing Applebee’s and IHOP over pricier alternatives. Sales at the two chains for the three months ending June 30 rose about six to eight percent among households earning more than $75,000 a year.

Consumer 100
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17 Small Business Loans for Minority Women

Small Biz Trends

While there are some great loan options available for small businesses, minority women often find themselves struggling to secure the financing they need. In this article, we’ll discuss the 17 best small business loans for minority women that can help get your own business idea off the ground. Let’s get started! What is Minority Lending?

Finance 98
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Lower gas prices cut into July inflation rate

Retail Wire

Lower prices at the pump helped to modestly lower the rate of inflation in July to 8.5 percent year-over-year following a 9.1 percent gain in June. “One in a row is not a streak — but it is a start,” wrote Bankrate chief financial analyst Greg McBride in a note.

ATS 100
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E-commerce prices decline for the first time in over two years: Adobe

Retail Dive

Online, there may be some relief in sight for high inflation that has rattled both consumers and retailers in recent months.

Consumer 116
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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