Wed.Oct 19, 2022

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Circle K Welcomes Cannabis Seller as Next-Door Neighbor Via Green Thumb Partnership

Retail TouchPoints

Cannabis retailer Green Thumb has partnered with Circle K to launch an initial 10 RISE Express medical dispensaries adjacent to Circle K stores in Florida. The agreement allows Green Thumb to lease space from Circle K in Florida, where the c-store retailer operates approximately 600 locations, to offer patients a selection of branded cannabis products.

Location 317
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“Just scratching the surface”: Unilever, KPMG execs talk ethical business

Inside Retail

Earlier this week, purpose-driven business leaders gathered in Sydney to talk shop at the annual Purpose Conference. On day one of the two-day event, a panel consisting of B Lab Australia and New Zealand CEO Andrew Davies, KPMG chief purpose officer Richard Boele, Unilever ANZ CEO Nicky Sparshott and Amazon sustainability innovation leader Anne Aschoarsobi explored the opportunity for large corporations to get involved in the sustainability movement.

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Has Online Grocery Delivery Plateaued?

Retail TouchPoints

ChaseDesign just finished our annual study of 1,000 shoppers to see what the latest insights are around online grocery shopping, specifically focused on which delivery methods are winning out pre, during and now post-COVID times. For starters, we do see a trend that online grocery shopping has become an important part of a shopper’s repertoire. Its growth had been slow for a decade as so many other retail channels or categories continued to take off.

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Circle K stores will sell medical marijuana

Retail Wire

Circle K has signed a deal with Green Thumb Industries to lease space in Florida stores for the purpose of selling medical marijuana. The deal will begin by making doctor-prescribed marijuana available for purchase at Rise Express: shops inside 10 Circle K stores.

Shopping 246
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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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Klarna Sets Sights on ‘Powering Ecommerce’ with New Suite of Shopping Solutions

Retail TouchPoints

Klar n a is continuing to expand beyond payments as it looks to become “a starting point for every purchase” for its 150 million global consumers. The buy now, pay later (BNPL) firm has launched a series of new products under the Klarna Spotlight banner, all aimed at strengthening the company’s position as “a true shopping utility for consumers and a growth partner for retailers.

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Is it time we started talking about the cost-of-business crisis?

Inside Retail

Labour costs have historically been one of the largest costs impacting a business’s ability to scale and grow. With an increase in energy and fuel costs driving a surge in production and delivery costs, retail businesses are starting to feel pressure from all angles. So, how can businesses use data to streamline their labour spending and create business-wide efficiencies?

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Mirvac malls to launch drone-delivery hubs, starting with Ipswich trial

Inside Retail

On-demand drone delivery service Wing has partnered with property group Mirvac to transform underutilised retail real estate into drone-delivery fulfilment hubs. Wing will run a pilot drone delivery program from Mirvac-operated retail properties creating added value for urban customers. A trial will commence at Orion Springfield Central, located in the City of Ipswich, Queensland next year.

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Nordstrom Financial Chief Bramman Steps Down; Insider Appointed Interim CFO

Retail TouchPoints

Nordstrom CFO Anne Bramman will step down from the role she has filled since 2017 on Dec. 2, 2022, which will allow her to stay through the retailer’s Q3 2022 financial reporting. SVP and Chief Accounting Officer Michael Maher will step into the role on an interim basis while the company conducts an internal and external search for a permanent CFO. “As a result of Anne’s guidance through the pandemic, Nordstrom has the financial strength and flexibility to successfully manage through a cha

Finance 278
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Cleaning Supplies: How to increase sales in a "flat" category

Tokinomo

When you are selling a CPG product in-store you know that you have a lot of competitors. While for some “attractive” products you can reside to common in-store promotions to attract the attention of your customers, when it comes to certain categories, it’s more difficult to engage shoppers. In this article, we are going to focus on a more challenging category: cleaning supplies.

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Regulation is Coming to POS Finance: Why Responsible Lending Will Benefit Retailers

Retail TouchPoints

As economic pressures and living costs surge, more people than ever are considering using point-of-service (POS) finance — such as buy now, pay later and installment loans — to manage their cashflow. In fact, recent figures from Juniper Research show that the number of POS finance users is set to surpass 900 million globally in the next five years. It’s clear that there is a consumer-driven need for more flexible finance and smarter buying power. .

Finance 260
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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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Charlotte Tilbury launches at Liverpool ONE in regional debut

Retail Focus

Grosvenor today announces the opening of Charlotte Tilbury’s ‘Beauty Wonderland’ at Liverpool ONE. The 1,000 sq ft store, located on the corner of Paradise Street, marks the brand’s first UK opening in six years and the first standalone UK Charlotte Tilbury space outside London. . Charlotte Tilbury’s newest ‘easy-to-choose, easy-to-use’ beauty destination at Liverpool ONE is the next step in the brand’s global expansion, building on the success of stores in international locations such as Los A

ATS 147
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Beyond Yoga Stresses Relaxed Comfort for Brick-and-Mortar Debut’s Design

Retail TouchPoints

One year after its acquisition by Levi Strauss & Co. , Beyond Yoga has opened its first brick-and-mortar store in Los Angeles, where the retailer’s story began in 2005. In developing a strategy for its physical location, Beyond Yoga focused on allowing its popular textiles to shine through via educational signage, thoughtful product displays, comfortable spaces and artistic installations.

Checkout 147
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Melbourne skyscraper anchors Chapel Street retail resurgence

Inside Retail

Melbourne’s famous Chapel Street retail strip is undergoing a resurgence, thanks in part to the opening of a 24-level commercial tower at one end. Goldfields CEO Lachlan Thompson says demand for high-quality space is on the rise and is set to “reinvigorate” the city with new hospitality offerings. “There has been a resurgence of quality inner-suburban retail and hospitality offerings as Melbourne looks to shake off the shackles from the past two years.

Outdoor 130
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Financial concerns to weigh on holiday shopping

Retail Wire

Sixty percent of U.S. shoppers said that financial challenges are weighing on their purchasing decisions heading into the Christmas holiday season, according to Sensormatic Solutions. That compares to 14 percent who said the same last year. “Now, with demand being weaker, they [retailers] really have to go out of their way to advertise to consumers and get consumers with the highest likelihood to spend,” said Vivek Pandya, a lead analyst at Adobe Digital Insights.

Shopping 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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How career retailers are taking the plunge into business ownership

Inside Retail

For many retailers, their career trajectory is clear: team manager, followed by store or site manager, then area, multi-site or regional manager. After that… maybe another retailer? A jump to head office? . What you rarely see is business owner. . But for Specsavers retail directors, owning their own business is a reality – through the Specsavers Partner in Development (PID) program. .

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Retailers hope excess inventory will make great Christmas gifts

Retail Wire

Retailers are carrying higher levels of excess inventory as the Christmas selling season begins and that is expected to result in lots of discounted merchandise being available for shoppers. “This year is going to be a fantastic year to buy a tree,” said National Tree Company CEO Chris Butler. “Everybody’s going to be trying to get through the inventory that they have to make sure they clean out a little bit before the 2023 season.

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Here’s an inside look at Tops Club, the Costco of Thailand

Inside Retail

All decked out in its red, white and black livery, Tops Club, a new warehouse format created by Thailand’s Central Retail, opened a flagship at Central Rama 2 shopping mall in the southern suburbs of Bangkok on 28 September. Central Rama 2 was already the biggest mall in South Bangkok with a gross floor area of more than 160,000sqm, and Tops Club adds another 15,000, although it is in a separate building that has no common walls with the main mall.

ATS 130
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Convenience stores are slow to add EV chargers

Retail Wire

High electric utility fees are inspiring convenience stores with gas pumps to take their time installing charging stations for electric vehicles. Iowa-based Kim and Go first installed an electric charger at one of its stores in 2008. Today, it only has chargers at 35 of its 400 stores. Jacob Maass, commercial fuels manager at Iowa-based Kum and Go, said the retailer is negotiating with utilities to get costs lowered to the point that it makes sense to install and operate chargers.

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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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A documentary revealed Shein’s poor working conditions. Will it change?

Inside Retail

Valued at US$100 billion ($150 billion) , fast fashion brand Shein is in hot water after a recent Channel 4 documentary hosted by British journalist Iman Amrani, Inside The Shein Machine , lifted the veil of secrecy behind the corporation’s operations in China. In the documentary, an undercover worker was sent into Shein’s factory in the Chinese province of Guangzhou, and revealed that workers often start work at 8am and finish in the early hours of the next morning.

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YouTube Handles are Here – What it Means for Your Business

Small Biz Trends

YouTube recently announced that they are introducing ‘handles’ to make it easier for members of the community to find and connect with each other. YouTube Handles and Your Business. Each YouTube creator’s handle will be unique to their channel and will enable users to mention them in the likes of comments and community posts. The rollout of handles begins on 14 November, and creators such as small businesses can select their handle by then or YouTube will automatically assign a

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Brandbank Group names Peter Halkett as its new CEO

Inside Retail

Peter Halkett has been named Brandbank Group’s new CEO, effective next July after existing CEO David Thomas finishes on June 30. Brandbank owns and operates retail brands Seed Heritage, Kikki K, French Connection, Commonry, Fine Day and All Kinds. Halkett was formerly CEO at APG & Co – the parent of Sportscraft, Saba, and Jag – between 2015 and 2020 and at Kathmandu between 2006 and 2014.

Marketing 130
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9 Best practices for building your tech strategy with Retail Pro Prism

Retail Pro

These 9 practices will provide a tech strategy for driving sustainable sales growth by helping you navigate challenges like bottlenecks & deceptive inventory Continue reading → The post 9 Best practices for building your tech strategy with Retail Pro Prism first appeared on Retail Pro Blog.

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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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How to learn to say “no” and increase your productivity

Inside Retail

As an author, speaker and coach on productivity, I’m often asked about competing priorities and the need to say “no”. It can be challenging and uncomfortable to say no in a work situation however we can quickly become overwhelmed and out of control, leading to stress and burnout, if say yes to everything. Saying “no” often leads to feelings of guilt or anxiety because we can feel like we are not collaborating, co-operating or being a team player when in fact it’s the opposite that is true.

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Dr Pepper debuts limited edition, non-alcoholic, bourbon-flavored drink

Retail Wire

Dr Pepper has introduced a limited edition bourbon-flavored soda that will not be sold in stores but can be acquired by joining the brand’s Pepper Perks program and playing a scratch-to-win game on its website.

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UK’s Blue Light loyalty program for frontline workers launches in Australia

Inside Retail

UK-based discount membership provider Blue Light Card has launched in Australia, to support frontline workers and first responders. . According to Blue Light Card, eligible customers can have access to discount deals, savings, incentives and experiences from leading national brands and regional companies. This is one of the company’s initiatives to aid frontline employees and their families in coping with the growing cost of living.

Boutique 130
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McD’s to test Krispy Kreme doughnut sales

Retail Wire

McDonald’s will put Krispy Kreme doughnuts on the menu at nine restaurants in Kentucky, beginning on Oct. 26. The restaurants will sell Krispy Kreme’s glazed, chocolate iced with sprinkles and raspberry-filled doughnuts individually and in packs of six. Doughnuts will be available for purchase all day, but will not be available for delivery.

ATS 100
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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

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YoooGroup launch Bla bla

A1 Retail

YoooGroup launch ‘Bla bla’, a new café concept for business parks, with three sites in the pipeline in Weybridge, Woking and Bracknell, and ambition to open five sites by the end of 2023. In line with YoooGroup’s ambition for supporting health and wellbeing for all, ‘Bla bla’ will provide business park users and employees with a healthy, regularly changing menu along with own blend coffee.

Shopping 105
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Nestlé to acquire Seattle’s Best Coffee from Starbucks

Retail Wire

Nestlé has reached an agreement with Starbucks to acquire the Seattle’s Best Coffee brand business. The world’s largest consumer packaged goods company will sell Seattle’s Best Coffee in grocery stores and in business offices, hotels and universities.

Consumer 100
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The Echo

Hyken

There are many definitions of the term brand. One of my favorites is this: A brand is a promised delivered. . Is what you’re known for delivered consistently? Consider Ace Hardware, whose brand promise is The Helpful Hardware Place. When you visit an Ace Hardware store, do they keep their promise? Are they helpful? Based on all their awards and the comments from happy customers posted on social channels, they deliver. .

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Amazon opens second Style fashion store

Retail Dive

An Amazon Style is now open in Columbus, Ohio, and uses technology to personalize the shopping experience.

Fashion 131
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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.