Thu.Jul 28, 2022

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Saks OFF 5TH Launches Resale Ecommerce Section in Partnership With Rent the Runway

Retail TouchPoints

Saks OFF 5 TH and Rent the Runway have teamed up to provide Saks OFF 5 TH customers with access to pre-owned designer fashion. A curated collection of pre-owned merchandise from Rent the Runway, spanning hundreds of styles from more than 60 designer brands, is now available in a dedicated section of SaksOFF5TH.com at prices up to 85% off MSRP. All items being offered have been deemed “excellent condition” by Rent the Runway and will be identified on SaksOFF5TH.com by a Rent the Runway-specific b

Apparel 311
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Profits slump for online retailer Kogan

Inside Retail

Trans-Tasman online retailer Kogan has reported a return to adjusted profit during the first quarter, but not by enough to prevent a 69 per cent slump for the full year to June 30. Sales for the year were static, up by just 0.1 per cent, to $1.18 billion, while adjusted EBITA was $19.1 million – down from $61.8 million last year and $49.7 million the year before.

Returns 246
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MakerSights Adds FlexPLM Integration Designed to Break Down Silos

Retail TouchPoints

Collaborative assortment management workspace MakerSights has added integration with PTC FlexPLM V12. The integration is designed to instantly synchronize product data from product lifecycle management platform FlexPLM with the MakerSights Workspace, to enable the product creation and merchandising teams to quickly and easily engage with consumers on in-development products.

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Rising costs stunt retail spending in June

Inside Retail

Retail sales in June registered $34.2 billion in turnover however rising costs of living and inflation will likely impede growth for businesses, according to data released by the Australian Bureau of Statistics (ABS) today. Seasonally adjusted retail sales are still higher at 12 per cent year-on-year, although compared to may they were up by just 0.2 per cent, a figure dwarfed by the current inflation rate.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

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.

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Walmart and Getaway Enter Tourism-Retail Partnership With New General Store Format

Retail TouchPoints

Photo courtesy of Walmart and Getaway. Photo courtesy of Walmart and Getaway. Photo courtesy of Walmart and Getaway. Photo courtesy of Walmart and Getaway. Photo courtesy of Walmart and Getaway. Photo courtesy of Walmart and Getaway. Getaway , which hosts guests in tiny cabins located in forests and nature areas at least two hours from cities, is partnering with Walmart for the debut of The General Store by Walmart at select outposts.

Outdoor 299
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‘Dreams do come true’: Alémais wins top design award amidst global growth

Inside Retail

Contemporary women’s fashion brand Alémais was crowned the winner of the 2022 National Designer Award in Australia on Wednesday, a fitting result for a brand that has achieved a huge amount of international success in just two years. The prestigious award, which was presented by David Jones as part of the Melbourne Fashion Festival, came with a business development package worth $120,000, including a cash prize, marketing support and editorial opportunities.

Fashion 147

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Unscrambling Cybersecurity Acronyms: The ABCs of Endpoint Security

Cisco Retail

Ransomware and other advanced attacks continue to evolve and threaten organizations around the world. Effectively defending your endpoints from these attacks can be a complex undertaking, and a seemingly endless number of security acronyms only compounds that complexity. There are so many acronyms – EPP, EDR, MEDR, MDR, XDR, and more – for various cybersecurity products and services that it becomes difficult to understand the differences between them and choose the right solution for your organi

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Retailers: What to Consider as You Offer Virtual Try-On Features

Retail TouchPoints

Online shopping has come a long way in providing consumers with a vision of how products might look on them. Product pages show the clothing on models of different sizes and cosmetics on models in a variety of skin tones. The trend toward using AR to offer virtual try-on features suggests that people still want to see how a product looks on them. In a 2019 (read, pre-pandemic) NielsenIQ global survey , 51% of consumers expressed willingness to use AR/VR to assess products.

Consumer 277
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Support Innovation: How Cisco’s TAC is transforming documentation and simplifying self-service

Cisco Retail

Co-author: Ambrose Taylor. You need to add a new switch to a stack of Catalyst 9300 switches, but it will not join the stack. You could open a Technical Assistance Center (TAC) Case for help but would rather find the answers yourself. Finding the answer on your own timeline is the easiest way to solve the problem quickly, which is easily done as you go and find the solution at Verify and Troubleshoot Stackwise on Catalyst’ 9200/9300.

Location 144
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Recipe for success: How FoodTank is taking on Hong Kong’s culinary scene

Inside Retail

Jacky Ng grew up in Vancouver, Canada, and after graduation, moved back to Hong Kong. After bouncing through a series of office jobs, he took the plunge to get into the food and beverage business. He took over a friend’s restaurant and worked 12 to 15 hours daily in what was a steep learning curve for him. Eventually, he got more into the back end operations of the business, and that’s when he decided to start the Foodtank Group.

Planning 130
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Humans + Agents = Rethinking Enterprise Commerce with AI

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

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Saks Off 5th selling Rent The Runway merchandise online

Retail Wire

Saks Off 5th is now selling previously worn merchandise from Rent The Runway on its e-commerce site. “We think there’s an unbelievable opportunity to expand our luxury assortment through pre-owned,” said Paige Thomas, president and CEO of Saks Off 5th.

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Retail appointments of the week

Inside Retail

Weber CEO ousted, replaced. After withdrawing its sales and earnings forecasts for the fiscal year 2022, grill-maker Weber announced its chief executive officer Chris Scherzinger would be departing from his roles on the management team and the board of directors, and that the search for a new permanent CEO would commence immediately. In the meantime, chief technology officer Alan Matula has taken over running the business’ operations.

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U.S. economy could be in a recession or not

Retail Wire

The U.S. gross domestic product fell 0.9 percent in the second quarter, following a negative result for the first three months of the year. Two consecutive down quarters are typically defined as a recession, but this year’s results are not so straightforward. “The numbers are baffling right now — we just don’t normally see declining GDP and rising employment,” said Betsey Stevenson, an economics professor at the University of Michigan and research associate at the National Bureau of Econom

Consumer 130
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Analysis: Changing customer behaviour isn’t a problem – it’s an opportunity

Inside Retail

In the last few years, a lot of things have changed. Customers and retailers alike had to quickly adapt to a very different way of doing things, and though bricks-and-mortar retail has now reopened safely, the industry is struggling with soaring supply chain, inflation and delivery costs. On top of that, customers are looking to change the way they shop yet again.

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5 Tips for a Winning Category Management Strategy in 2025

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.

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Signs indicate that worst of food price hikes has already happened

Retail Wire

Nestlé says it needs to raise its prices seven percent to protect its profit margins this year. The consumer packaged goods giant has already raised prices by 6.5 percent. Other CPG companies are in similar positions as Nestlé, suggesting that large price hikes are unlikely over the balance of 2022.

Consumer 130
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How Auckland Airport is transforming outlet shopping for New Zealanders

Inside Retail

New Zealand shoppers will get a warm welcome to what a truly international modern retail outlet centre can offer when Auckland Airport opens its new purpose-built M?nawa Bay premium outlet shopping destination in 2024. Five years in the planning, M?nawa Bay will embrace its park-like location on the Manukau Harbour on the northeastern edge of the Auckland Airport precinct.

Shopping 130
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Saks Off 5th partners with Rent the Runway

Retail Dive

Customers can purchase secondhand designer items from Rent the Runway on a new “pre-owned” section of Saks Off 5th’s website.

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Puma raises revenue outlook, handling China woes better than Adidas

Inside Retail

German sportswear maker Puma reported stronger-than-expected second-quarter earnings on Wednesday and raised its full-year revenue outlook, coping with headwinds in China better than rival Adidas. Puma said its earnings before interest and taxes (EBIT) rose 34.4 per cent on the year to 146 million euros (US$148 million), compared with analysts’ average forecast for 128.94 million euros.

Marketing 130
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Cut Costs & Complexity: Smarter Fulfillment for Home, Furniture & DIY Brands

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.

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How’s That? Startup Ups Game for Cricket, Football and More With Vision AI

Nvidia

Sports produce a slew of data. In a game of cricket, for example, each play generates millions of video-frame data points for a sports analyst to scrutinize, according to Masoumeh Izadi, managing director of deep-tech startup TVConal. The Singapore-based company uses NVIDIA AI and computer vision to power its sports video analytics platform, which enables users — including sports teams, leagues and TV broadcasters — to gain performance insights from these massive amounts of data in real time.

Marketing 119
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Fashion forward: Inside Hong Kong 3D shoe brand Fused Footwear

Inside Retail

Years ago, Fused Footwear founder and CEO Philippe Holthuizen did not expect to one day create 3D printed sci-fi-inspired shoes. “I am a product designer at heart. I actually wanted to be a car designer, but I quickly realised that I [do] not have the stamina for it, so I stuck to what I know best [footwear], and I’m in a good place right now,” Holthuizen told Inside Retail.

Fashion 130
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Ciguë imagines car-free city inside Cowboy's electric bike shop in Paris

Dezeen

Limestone blocks and crushed earth feature in this electric bike shop in Paris , designed by local studio Ciguë to visualise how a car-free city of the future might look. The store belongs to Cowboy , an e-bike brand aimed at urban cyclists, and is located in the department store Le Bon Marche? Rive Gauche. Ciguë has designed an e-bike store for Cowboy in Paris.

Shopping 118
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What is Crowdfunding?

Small Biz Trends

Crowdfunding campaigns raise funds for businesses Through individual small contributions from a big pool of contributors. There are three types of crowdfunding: Crowdfunding With Equity – Investors get shares or profits. Rewards/Donation-based crowdfunding – Money comes in through donations. There’s a rewards program, Usually a product or service.

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What Your Financial Statements Are Telling You—And How to Listen!

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.

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Dick’s Sporting Goods debuts virtual high school experience on Roblox

Retail Dive

Brands and retailers are flocking to the platform in the hopes of reaching younger consumers.

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1,650+ Global Interns Gleam With NVIDIA Green

Nvidia

A record number of interns calls for a record-sized celebration. In our largest contingent ever, over 1,650 interns from 350+ schools started with NVIDIA worldwide over the past year. Amidst busy work days tackling real-world projects across engineering, automation, robotics and more, the group’s also finishing up a three-day celebration, culminating today with National Intern Day.

Finance 108
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Best Buy the latest to warn of sales, profit declines

Retail Dive

The retailer enjoyed strong sales during the pandemic, but inflation is squeezing the already falling demand for electronics.

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Hidden Traps of Using Remote Workers

Small Biz Trends

Remote work arrangements , which began as temporary solutions during the pandemic, are permanent for many companies. There are now three times more remote jobs than in 2020. These arrangements can be a win-win for companies, employees, and communities. Companies save on needed space and employees take fewer sick days. There are also reports that employees are more efficient.

Location 105
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State of AI in Sales & Marketing 2025

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.

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The Backroom: Planet retail

Retail Dive

Retailers know they have an important role in addressing climate change. But navigating sustainability is riddled with challenges.

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The ABC’s of Promotional Pricing for a Successful Retail Business

Intelligence Node

Understanding Promotional Pricing and its Common Usage Regardless of whether we as marketers or consumers immediately recognize the phrase, promotional pricing has long since had its place in the commercial. The post The ABC’s of Promotional Pricing for a Successful Retail Business appeared first on Blog.

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Tailor-fit tech: Improving internal workflows

Mulesoft

Introducing Finger on the Pulse, a new series where we explore major trends that are shaping business technology. In each post, you’ll learn from our key partners and their perspective on an industry trend through the lens of their unique business. The first interview is focused on the priority of improving employee experiences. How to […]. The post Tailor-fit tech: Improving internal workflows first appeared on MuleSoft Blog.

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Sprite is ditching current bottles for more eco-friendly alternative

Retail Wire

Coca-Cola is retiring Sprite’s green plastic bottle and replacing it with a clear plastic alternative. The current bottle can not be recycled because it contains green polyethylene terephthalate (PET). The new ones do not. “Taking colors out of bottles improves the quality of the recycled material,” Julian Ochoa, CEO of R3CYCLE. “When recycled, clear PET Sprite bottles can be remade into bottles, helping drive a circular economy for plastic.

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SEO vs. PPC: Which Strategy Is Best for Your Business?

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.