Mon.Aug 15, 2022

LEGO® Store in Leicester Square is now world’s biggest

Retail Focus

After four months of extensive refurbishment, the LEGO Group reopened the doors to the LEGO® Store in Leicester Square – now officially, the biggest LEGO store in the world.

ATS 227

Ikea Australia launches live shopping event

Inside Retail

Ikea Australia has launched a two-week festival inspiring people to explore their creativity and inventiveness at home. The global festival runs from August 26 to September 10 and takes place both online and in-store.

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Trending Sources

The ‘store squeeze’ prompts investments in digitalising bricks-and-mortar on UK retailers’ tech roadmaps, Pricer research reveals

Retail Focus

Amazon launches virtual tours of its warehouses

Inside Retail

Amazon Australia is opening up its fulfilment centres in Sydney, Melbourne, and Brisbane to customer tours – well, virtually, at least.

How to Effectively Create a Frictionless Customer Experience in E-Commerce

Speaker: Ashlee Aldridge, Founder, Managing Partner and CEO - Reach Partners LLC | Bill Mirabito, Interim VP and Consultant, Chameleon Collective | Mike Leibovitz, General Manager of Digital Solutions - Pivotree

Join this exclusive conversation with our expert panelists and learn how addressing customer friction and smoothing out your digital customer experience will help you thrive as an e-commerce retailer - even when faced with adverse market challenges.

DTC’s very bad, no good earnings week

Retail Dive

Brands laid off staff, cut guidance and continued to accumulate losses in a tougher operating environment. A select few continued to thrive

91

“Think lab coat meets nature”: Mecca reimagines long-lost sister brand Kit

Inside Retail

It’s been six years since Australian beauty giant Mecca closed the doors of its indie sister brand Kit Cosmetics, which had its own line of products and physical stores at the time.

More Trending

No idea WTF you’re doing in your career? Neither did these retail leaders

Inside Retail

When I was new in retail, I hosted a meeting with a potential new e-commerce platform supplier. I was two weeks into the job and had come from a marketing background. The meeting was to discuss the transfer of front-end data into the ERP – stick with me here.

How to Get Ready for The Next Recession

Small Biz Trends

A hot topic among small business owners is that a new recession is coming or the country is already in a recession. With inflation being so high, but unemployment so low, some economists want to change the definition of a recession (two consecutive quarterly drops in GDP).

Analysis: Why Asia’s collectable toy market is only getting started

Inside Retail

Asians’ thirst for collectable toys – often sold in ‘blind boxes’ attracting collectors lured by the excitement of chance – has fuelled surging demand among Gen Z and millennials during the past few years. Statista estimates China’s collectible toys market was worth around US$1.4

Implementing a Digital Trust and Safety Strategy

Retail TouchPoints

Retailers are always looking for ways to deliver safe, frictionless experiences to engage and satisfy customers. But for every retailer committed to providing a top-notch customer journey, there’s at least one bad actor out to capitalize on a customer’s misfortune.

How to Address the Needs of the Next Generation of e-Commerce Customers

Speaker: Jenn VandeZande, Head of Digital Engagement Strategy at SAP Customer Experience | Beth Scott, VP, Business Operations - Supply Chain | Nikki Grigsby, PHR, Chief Operations Officer at Syndigo | Levana Wang, Content Creator, Gen Z Expert

Join Jenn VandeZande, Beth Scott, Nikki Grigsby and Levana Wang for this insightful and topical conversation on the modernization of e-commerce tech.

Wattie’s NZ launches DTC subscription service for baby food

Inside Retail

Wattie’s, the New Zealand subsidiary of Heinz, has launched a subscription and gifting service for its popular baby food pouches. Customers can choose from a variety of 23 different food pouches in a Wattie’s to Home Infant Subscription bundle to feed babies aged from 4-8 months and above.

Paper or reusable plastic?

Retail Dive

Both paper and reusable plastic bags contribute to a healthier environment, but many factors differentiate the two options

83

Preparing for Big Black Friday results

Inside Retail

Black Friday is one of the year’s most hotly-anticipated shopping events. From a day that began in the US as a post-holiday shopping opportunity to a global weekend-long omnichannel experience leading into the end-of-year holidays.

How Retailers Can Improve Their Front-Line Teams’ Satisfaction

Theatro

Link to the Forbes Article. The post How Retailers Can Improve Their Front-Line Teams’ Satisfaction appeared first on Theatro. News Retail Employee Engagement Engagement Experience Manager Effectiveness Productivity Satisfaction

5 Essential Virtual Selling Practices Every Company Must Have by 2023

Speaker: Erika Bzdel - Vice President of Sales and Craig Simons - Director of Marketing

Join us on Sept. 13 at 9:30 am PT as Erika Bzdel, VP of Sales, and Craig Simons, Director of Marketing, discuss the virtual selling practices that every company should adopt, and how to succeed at selling in a hybrid world.

Office Depot Expands Delivery Options Through Uber Partnership

Retail TouchPoints

Office Depot has made a deal with Uber to deliver business, office and school essentials nationwide through Uber Eats. The service will be available at more than 900 Office Depot and OfficeMax stores and cover items from ink and toner to backpacks and binders.

30 Unique Business Ideas

Small Biz Trends

A good business is one that fills a need for consumers. Often, this requires finding a gap in the market that no one else is currently filling. If you’re looking for unique business ideas that offer something different than what people are currently used to, read on for a guide.

Holiday Foliage’s Nature Collection

VMS

Holiday Foliage’s Nature Collection. Includes a variety of plants in all shapes, sizes, colors and species. Let the outside come indoors by using this company’s Nature Collection.

81

PacSun Taps Virtual Influencer for BTS, Holiday Campaigns

Retail TouchPoints

PacSun has teamed up with a new kind of spokesperson for its back-to-school and holiday 2022 marketing campaigns — virtual influencer Miquela.

Sustainability at Retail

As part of a global Sustainability at Retail initiative, Shop! worked collaboratively with its global affiliates to address critical environmental issues, outlined in this white paper.

‘We’re not in the business of not making money anymore’: Casper’s new CEO on its path forward

Retail Dive

After a tumultuous couple of years, which included inking a deal to be taken private again, Emilie Arel discusses the DTC mattress brand’s future

79

WSJ: Best Buy Cuts ‘Small Number’ of Store Jobs After Lowering Sales Forecast

Retail TouchPoints

Best Buy has started job cuts in stores across the U.S. as the retailer seeks to lower costs following its updated outlook for FY 2023 released July 27, 2022. The retailer’s Q2 2023 ended July 30, 2022.) By Aug.

How to Use the Canva Flyer Maker

Small Biz Trends

Ensuring customers are aware of their products and services is a key priority for business owners. To reach customers, businesses use a wide range of tools including social media and emails. A traditional tool that also helps businesses get the word out is a flyer. What is the Canva Flyer Maker?

Even as Footfall Increases, Store Footprints are Shrinking

Retail TouchPoints

Have you heard the news? Brick-and-mortar is back. Following several years of pandemic-driven declines, shoppers are eagerly returning to stores, and that enthusiasm is being echoed in a new upswing in store openings and lease signings. Coresight Research’s July U.S.

Peloton to Lay Off Nearly 800, Close Physical Stores and Raise Prices

VMS

After a turgid year facing cash flow problems that saw fitness equipment manufacturer Peloton’s stock crater by 90 percent, Peloton CEO Barry McCarthy released more bad news last week: The company will lay off nearly 800 employees and close stores as part of a restructuring effort.

Best Work Goggles in 2022

Small Biz Trends

Safety goggles and glasses protect your eyes from a range of harmful and destructive exposure. With the right protective eyewear, you can block chemicals, liquids, dirt, dust, or debris from entering your eyes.

Peloton hiking prices amid reported layoffs, store closures

Retail Dive

As its pandemic-era boom fizzles, the at-home bicycle fitness company is scrambling, even after major layoffs and subscription hikes earlier this year

ATS 77

3 Facing Charges for PPP Loan Fraud

Small Biz Trends

Three Individuals are facing federal charges for allegedly fraudulently obtaining more than $2.4 million in small business loans as part of the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief and Economic Security (CARES) Act. Charges for PPP Loan Fraud.

ATS 78

Wish rebrands in attempt to stay afloat against competition

Retail Dive

The e-commerce platform unveiled a new logo and improved app experience after painful Q2 earnings

77

What is a Grant Writer?

Small Biz Trends

As the name suggests, a grant writer is responsible for writing proposals that land grants. Grant writing also includes researching the grants. These professionals seek funds by crafting high-level letters of intent.

Best Buy reportedly cuts store jobs

Retail Dive

The retailer recently warned of sales declines as consumers pull back on electronics purchases

Wish Launches Marketing Blitz to Reintroduce Itself to Consumers

Retail TouchPoints

Wish has launched a global marketing campaign following almost a year’s pause on major advertising as new leadership settled in and formulated a turnaround strategy for the bargain shopping app. Wish’s new logo aims to create a “more memorable visual identity” for the app.

Pacsun hits 2M TikTok followers in brand identity push

Retail Dive

The online following, a goal set and now met, signifies success by the brand in appealing to Gen Z shoppers and forming an identity on the app

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5 Ways Retailers Can Tackle Wavering Customer Loyalty

Retail TouchPoints

New research from PwC has found that three in 10 customers are more likely to try a new brand — and that number is even higher among younger consumers. But winning (and keeping) customers’ loyalty is no longer confined to programs and points.

Panera Appoints New CFO

VMS

Panera Brands (St. Louis) has named Konrad Meyer as its Chief Financial Officer, according to a company press release.