Mon.Jan 10, 2022

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Black Friday drives 5.8 per cent retail-wide sales bump in November

Inside Retail

Retail spending rose 5.8 per cent in November compared to the same period of 2020, the Australian Bureau of Statistics reported on Tuesday, while online spend, driven by Black Friday and Cyber Monday, rose 22.8 per cent. Clothing, footwear and personal accessories led the way in sales during the month as Australians increasingly want to return to living life outside of their homes. “Further easing of Covid-19 restrictions in the South-Eastern states and territories has seen the retail indu

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Steve Madden and Dolce Vita Integrate Shoe Resale Programs into Their Websites

Retail TouchPoints

Steve Madden and Dolce Vita have each partnered with recommerce solution provider Recurate to launch peer-to-peer resale marketplaces designed to boost circularity for their respective footwear brands. Steve Madden’s “Re-Booted” and Dolce Vita’s “Re:Vita” programs will let customers sell their preowned shoes directly on each retailer’s respective site.

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76 per cent of retailers impacted by worker isolation: ARA

Inside Retail

Three quarters of retailers are currently impacted by worker isolations, according to a survey by the Australian Retailers’ Association, and half rank ‘staff shortages’ as the biggest issue they are facing currently ahead of supply chain issues. “We’ve entered an unprecedented staffing challenge as more people are infected with Covid than at any stage before in the pandemic,” said ARA boss Paul Zahra. “This builds on an existing skills crisis within the

Returns 278
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Cashierless Space Gets More Crowded: JD.Com Opens Two Autonomous Stores in the Netherlands

Retail TouchPoints

JD.com has entered the autonomous store space in Europe with the launch of two omnichannel cashierless stores in the Netherlands. The Ochama shops, located in Leiden and Rotterdam, carry everything from food to home furnishings and are operated entirely by robots. Shoppers can use the Ochama app to order products prior to their visit, and then automated vehicles and robotic arms will pick and sort the order, according to CNBC.

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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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Data dynamism: Three ways embedded analytics are transforming retailers’ data into competitive retail insights

Retail Focus

For many retailers, there is a significant gulf between wanting to become a data-driven organisation and the reality of becoming one. Despite the explosion of online shopping and the ability to derive data from multiple sources and touchpoints, including e-commerce, POS and reward schemes, businesses must achieve an advanced level of data maturity before they can begin to convert their data into valuable insights.

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What all Retailers Should Know About Outsourcing Customer Service

Retail TouchPoints

As your business grows, so too will the customer support tickets, making it critically important that you scale your support team alongside your customer or order growth. Why? Because customer service could make or break your company’s success: 68% will pay more for products and services from a company with good customer service. Around half of customers would switch to a competitor after just one bad customer experience. 90% of customers say an “immediate” response is vital when they have a cus

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Mattress Firm Files for IPO 6 Years After Going Private

Retail TouchPoints

Mattress Firm has publicly filed for an IPO that will return the furniture retailer to the public markets six years after South Africa’s Steinhoff International took the company private. The company said in a statement that it plans to list on the New York Stock Exchange under the symbol MRFM, the same ticker it used in its previous listing on the Nasdaq.

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AFGC demands consistent, nationwide rules on Covid close contacts

Inside Retail

Nationally consistent rules for managing Covid close contacts among essential workers are urgently needed, according to the Australian Food and Grocery Council (AFGC). The comments follow worsening staffing challenges for supermarkets and suppliers described by AFGC CEO Tanya Barden as the greatest since the start of the pandemic. Staff shortages are severely impacting producers, shippers and retailers, with many supermarket shelves in parts of NSW and Victoria, particularly, bereft of fresh foo

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Take-Two Interactive to acquire Zynga

Retail Wire

Take-Two Interactive has agreed to acquire Zynga for more than $11 billion in a deal that will bring together the makers of Grand Theft Auto and Farmville. “This strategic combination brings together our best-in-class console and PC franchises, with a market-leading, diversified mobile publishing platform that has a rich history of innovation and creativity,” said Strauss Zelnick, Take-Two’s chairman and CEO.

Marketing 130
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From probiotics to pet food: Life Space founder launches start-up Ilume

Inside Retail

A Melbourne start-up is taking a technological approach to the pet food market with a gourmet dog food delivery service that uses real-time data to create a personalised nutrition plan for each pooch. Launched in November, Ilume offers chef-prepared meals using fresh, locally-sourced, human-grade ingredients as well as a smart bowl, collar tracker and app, which are designed to monitor the dog’s daily activity.

Marketing 130
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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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Restaurants left short-staffed as workers are exposed to Omicron variant

Retail Wire

Restaurants are being forced to close and cut hours due to a lack of staff as workers isolate after becoming infected with COVID-19 or being exposed to someone with the virus. Those restaurants that are in operation are struggling to keep up with orders with reduced staff.

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Deliveroo reveals the secret sauce to a tasty brand partnership

Inside Retail

The past two years have demonstrated the power of collaboration and collective action – personally, politically and professionally – and marketing is no exception. Marketing collaborations saw a huge increase in 2021, as more and more brands tapped into partnership opportunities, whether it was teaming up with Porsche teaming up with fashion label Aime Leon Dore, Dolce & Gabbana and Baci, or Allens and The Australian Women’s Weekly.

Marketing 130
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Deliveroo to open a pizzeria to understand its restaurant customers

Retail Wire

Deliveroo, the UK food delivery service with backing from Amazon.com, plans to open its own pizzeria to get a better understanding on the challenges facing its restaurant customers.

Planning 100
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This is what authentic leadership looks like

Inside Retail

Leaders succeed through influencing people and outcomes. If you want to inspire followership, you need to lead authentically, curating the right team culture as well as implementing strategy and ensuring good governance. To create a culture of trust, a leader needs to be conscious of their leadership purpose, use courage in decision making (particularly during uncertainty), and use compassion to navigate difficult emotions and situations.

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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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Recall issued for ground beef sold by Albertsons, Kroger, Walmart and WinCo

Retail Wire

More than 28,000 pounds of ground beef processed by Interstate Meat Dist. Inc. of Clackamas, OR, is being recalled over concerns it may be contaminated with E. coli O157:H7. The products were sold under the private labels of grocers including Albertsons, Kroger, Walmart and WinCo Foods in Arizona, California, Nevada, Oregon, Utah, Washington and Wyoming.

Grocer 100
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What changes at Stitch Fix and Trunk Club say about apparel retail

Retail Dive

Styling guidance was supposed to help turbocharge subscription box sales. That didn't work out, but it doesn't mean the service isn't valuable.

Apparel 130
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Crocs CEO calls 2021 ‘an exceptional year’

Retail Wire

Analysts were expecting Crocs to report a 36.6 percent gain in sales during the fourth quarter. It did even better, posting a 42 percent jump in revenues. Crocs CEO Andrew Rees, said, “2021 proved to be an exceptional year for the Crocs brand … amidst a challenging global supply chain environment.”.

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Why ESLs fuel the imagination of retailers looking to transform digitally

Cisco Retail

While brick and mortar retailers have been struggling to stay relevant for a few years now, the pandemic delivered one of the greatest blows to their existence. In the new normal, digital transformation is the norm, re-thinking the fundamental network and infrastructure of the organization is necessary, and being customer centric at every touchpoint is non-negotiable.

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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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Target CEO Brian Cornell credits customer-focused team for chain’s success

Retail Wire

Brian Cornell, CEO of Target, said the human touch has been the key to his company’s performance in recent years. “I think it starts with a team that’s very externally focused, that’s been listening to the consumer, listening to our guests, looking around corners and trying to anticipate the future and building a strategy and a set of capabilities to bring that strategy and vision to life,” he said. “The team has had both the vision and the courage to listen t

Consumer 100
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5 ways Cisco’s supply chain catalyzes positive impacts for workers and communities

Cisco Retail

The following is an excerpt from the? 2021 Cisco Purpose Report , published on December 13, 2021. . Our external manufacturing partners and suppliers are an important extension of our operations. How our products are made matters. Powering a more just and inclusive future begins with protecting the human rights and wellbeing of the workers in our supply chain — and respecting the communities and ecosystems in which our suppliers are located.

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Omicron hits Lululemon’s sales and profits

Retail Wire

Lululemon got off to a strong start for the holiday season, but the emergence of the Omicron variant has caused staffing shortages and the need to cut hours. Due to the disappointing performance, the company is lower its previous guidance for the quarter and the year.

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Ben & Jerry’s whips up new ice-cream range

Talking Retail

Ben & Jerry’s is rolling out a whipped ice-cream Sundae range. The range retails at £5.49 and includes: Cookie Vermont-ster: Sweet cream ice cream with chocolate chip cookies and chocolatey cookie swirls. Hazel-nuttin’ but Chocolate: Chocolate Hazelnut ice cream with brownie pieces and sea salt chocolatey swirls. Oh My! Banoffee Pie!: Banana ice cream, chocolate.

ATS 115
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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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Americans don’t see life going back to a pre-pandemic normality

Retail Wire

More than half of Americans agree that they are now comfortable with behaviors they developed during the pandemic and 49 percent believe that the changes that have taken place will likely stick, according to EY’s “Future Consumer Index.

Consumer 100
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How Macy's set out to conquer the department store business — and lost

Retail Dive

At the dawn of the 21st century, the 160-year-old retailer expanded amid the sector's steep decline. What now?

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SpartanNash names McClellan chief marketing officer

Mass Relators

GRAND RAPIDS, Mich. — SpartanNash has promoted Amy McClellan to senior vice president and chief marketing officer, the company said Monday. McClellan will lead the marketing function and report to SpartanNash president and CEO Tony Sarsam. “Promoting from within is a key component of our People First culture,” said Sarsam. “Amy has brought invaluable expertise and leadership to SpartanNash, and this role is a natural progression in her career path.

Marketing 105
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Cloud Control: Production Studio Taylor James Elevates Remote Workflows With NVIDIA Technology

Nvidia

WFH was likely one the most-used acronyms of the past year, with more businesses looking to enhance their employees’ remote experiences than ever. Creative production studio Taylor James found a cloud-based solution to maintain efficiency and productivity — even while working remotely — with NVIDIA RTX Virtual Workstations on AWS. With locations in New York, Los Angeles, London and Mexico, Taylor James creates stunning content for projects like interactive experiences, product commercials for au

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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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Perfect Corp. continues expansion of AI and AR fashion tech innovations with AR watch virtual try-on

Retail Times

Perfect Corp., the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider today announced the release of the new AR Watch Virtual Try-On powered by the latest proprietary AgileHandTM technology. Perfect Corp.’s AR Watch Virtual Try-On solution provides an ultra-smooth 3D try-on experience, complete with high-resolution textures and reflections that deliver true-to-life virtual effects for timepieces.

Fashion 105
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Holiday rewind: How the shopping experience changed in 2021

Retail Dive

From the return of Macy's Santa visits to augmented reality stores, holiday shopping took on a new form.

Shopping 133
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Frubes supports back to school season with sticker campaign

Talking Retail

Yogurt brand Frubes is running an on-pack promotion as “children return to school after the Christmas break”. Each multi-pack contains one of 12 free stickers to “inspire kids and families with healthier snack alternatives to fit in to their daily routine”. The promotion is supported by TV, video-on-demand, YouTube, influencer and online video gaming activity, This story continues at Frubes supports back to school season with sticker campaign.

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Mattress Firm files for IPO

Retail Dive

Around three years after filing for bankruptcy, the retailer is eyeing the public markets with growing losses and $1.2 billion in long-term debt.

Marketing 112
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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