Tue.Oct 11, 2022

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The Rise of the Branded Podcast: How and Why Retailers are Creating Their Own Shows

Retail TouchPoints

Nearly 125 million Americans now listen to podcasts monthly, according to eMarketer. Perhaps more importantly, Insider Intelligence estimates that the time this group of listeners spends with their podcasts is 53 minutes per day. Now imagine if even a portion of that time was spent with your brand, and you begin to see the appeal of the branded podcast. “ The ultimate point of any marketing is not to get in front of people, it’s to earn trust ,” said Jay Acunzo, host of the podcast Unthinkable a

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New store concept signals start of more elevated era for Wittner: CEO

Inside Retail

Walking into the newly redesigned Wittner store in Booragoon shopping centre in Perth is like stepping inside a friend’s apartment, if that friend happened to be a stylist with exquisite taste. Premium and unique touches, such as marble accents, linen curtains, full-height mirrors, designer furniture and hand-crafted paper pendant lights created by local artists, convey a luxurious look and feel and signal the start of a new, more elevated era for the 110-year-old footwear brand, according to Wi

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Adobe Analytics: Digital Holiday Sales Expected to Rise 2.5% to $209.7 Billion

Retail TouchPoints

Adobe expects U.S. online holiday sales to hit $209.7 billion in the period from Nov. 1 to Dec. 31, 2022, a 2.5% increase over holiday 2021. Adobe also expects more of this spending to come earlier in the season due to early shopping holidays such as the second Amazon Prime Day. The projected growth is significantly lower than the 8.6% increase last year, much of which was due to more shoppers returning to stores.

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Food-as-medicine, shopping apps, and high-tech expectations - Weekly Snacks #27

Tokinomo

Campaign scoop. Caring for your heart. It’s important to take care of your health and exercise constantly. Imagine going to your regular spinning class and Ice-T is your instructor. In this commercial from Cheerios , you’ll discover how these cereals can help your heart and why Ice-T is suddenly teaching a spinning class.

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From Data to Decisions: Maximizing Retail Potential with 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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Perry Ellis Combats ‘Porch Pirates’ via Secure BOPA Option

Retail TouchPoints

Perry Ellis has rolled out expanded and secure pickup options for customers who use the company’s buy online, pick up anywhere services, through a partnership with alternative delivery platform Via.Delivery. To help prevent the threat of package theft from in front of customers’ homes, the 21,000 Via.Delivery locations, typically located within retail stores, will hold packages for up to seven calendar days.

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Seven dials welcomes innovative art retail Concept, The Hook

Retail Focus

Shaftesbury has announced that The Hook, a unique art gallery retail concept, has opened its flagship London store in Seven Dials in the heart of the West End. Featuring a range of both established and emerging artists, across a variety of subjects and styles, the 1,588 sq ft space is located at 37A Neal Street, adjacent to Ollie Quinn. The Hook Seven Dials spans two floors and features their frequently updated collection of framed artwork.

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Sleep.8 opens upsized flagship store on the kings road

Retail Focus

Sloane Stanley has announced the opening of technology-led sleep smart brand, Sleep.8 , in its newly upsized and refurbished flagship store at 362-368 King’s Road. The expanded store, which has more than doubled in size, has opened its new look 2,950 sq ft space on the King’s Road. Designed by an in-house team, the store provides bespoke solutions for sleep-related challenges through eco-friendly products which are hypoallergenic and plant-based, providing advice and support from specially

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Baby Bunting’s first quarter performance fails to meet expectations

Inside Retail

Infant and baby goods retailer Baby Bunting says its first-quarter performance has been “below expectations” in a trading update. In the year-to-date data to October 7, sales grew 12 per cent, with transactions up by 15.2 per cent. Comparable-store sales growth was 7.6 per cent while online sales represented 19.6 per cent of overall revenue, compared to 28.6 per cent in the same period last year.

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Labor Department rule change could turn gig workers into employees

Retail Wire

The Labor Department has unveiled a proposal that would likely lead to millions of gig workers being reclassified as employees from independent contractors. The proposal would not have the force of a Congressionally-approved regulation but would cover only those areas enforced by the Labor Department such as the federal minimum wage.

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Mys Tyler founder on why fashion brands should embrace body positivity

Inside Retail

In direct opposition to the more singular body shape represented in most advertising, fashion app Mys Tyler connects users with models and influencers of similar body sizes, allowing them to find styles and clothing that will complement their body shape. Here, the founder of the inclusive fashion brand Sarah Neill discusses the feedback she gets from women on how they feel about their bodies, what she would change today – if she could – about the industry, ways to increase your chances of securi

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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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California factory to produce clothing for Walmart

Retail Wire

Classic Fashion has opened a new factory in Santa Ana, CA, that will cut and sew apparel only for Walmart. The company, which also supplies Adidas, American Eagle Outfitters, JCPenney and Tommy Hilfiger, said the new facility will eventually employ around 350 people. “Investing in local manufacturing creates American jobs, helps small businesses expand and benefits communities like Santa Ana.

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Amazon’s Prime Day-like event kick-starts holiday discount frenzy

Inside Retail

Amazon.com fired up the holiday shopping season with its second major sales event of the year as rivals from Walmart to Best Buy joined in with discounts to woo customers grappling with inflation-squeezed Christmas budgets. The two-day “Prime Early Access Sale” shopping event for Amazon members, which starts Tuesday, is much like the Prime Day summer marketing blitz and will compete with early discounts from rival retailers. “Retailers will likely fight harder and earlier for p

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Personal computer shipments drop 19.5 percent

Retail Wire

A consumer slowdown in spending can be seen in personal computers where shipments in the third quarter fell nearly 20 percent, according to Gartner. “This quarter’s results could mark a historic slowdown for the PC market,” said Mikako Kitagawa, an analyst at Gartner. “While supply-chain disruptions have finally eased, high inventory has now become a major issue given weak PC demand in both the consumer and business markets.”.

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How bug bounty hunters are helping to keep e-commerce platforms safe

Inside Retail

Bug bounty programs are all the rage these days, and it’s not hard to see why, given the cost of a major cybersecurity breach both to an organisation’s finances and its reputation. For the uninitiated, a bug bounty program is when a white hat, or ethical, hacker is invited by a company to search for vulnerabilities in its IT infrastructure. These programs are seen as game-changers when it comes to cybersecurity, and organisations offer big rewards to those who can help them find and fix potentia

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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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Amazon to add thousands of EVs to European delivery network

Retail Wire

Amazon.com plans to invest more than $972 million over the next five years as it grows its current electric vehicle delivery fleet from 3,000 to 10,000 vehicles. “Our transportation network is one of the most challenging areas of our business to decarbonize, and to achieve net-zero carbon will require a substantial and sustained investment,” Andy Jassy, Amazon CEO, said in a statement.

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Balenciaga creates $1800 bag resembling Lay’s potato chips

Inside Retail

In what seems to be an attempt at viral fashion, Spanish luxury label Balenciaga has unveiled a new handbag that resembles a bag of Lay’s potato chips. Dubbed “Lay’s-Branded Bag”, the accessory made its debut at Paris Fashion Week and is an official collaboration with US chips company Lay’s which promoted that bag on its social media accounts. View this post on Instagram A post shared by Lay’s (@lays).

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Dunkin’s customers are not happy with its new rewards program

Retail Wire

The perks offered by Dunkin’s new rewards program are not as easily earned as the scheme it replaces. That has a lot of the chain’s customers seeing red. The new rewards program will require members to spend $50 to earn a free cup of coffee. The previous program only required purchases totaling $40. Members are taking to social media to tell the company what they think about the change.

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Uniqlo owner set for record annual profit, but all eyes on China showing

Inside Retail

Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, is expected to post a record annual profit on Thursday as the yen’s slump has boosted the value of its overseas sales even as soaring living costs dampen prospects for retailers. The company, Japan’s biggest retailer, has posted strong performances in North America and Europe in the first three quarters of the fiscal year that ended in August, but investors will look for signs of a recovery in China, its biggest foreign

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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.

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Offhand Practice designs second-hand bookshop in Shanghai to mimic greengrocer

Dezeen

Used books are displayed in supermarket-style crates at the Deja Vu Recycle Store in Shanghai , which local studio Offhand Practice has designed to counter the "shabby" image associated with second-hand shops. The store, which also carries pre-owned fashion, is located on the first and second floor of a three-storey building on Shanghai's buzzy Anfu Road.

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Uncovering the hidden trends shaping e-commerce

Inside Retail

Retailers are working in an increasingly challenging environment. The after-effects of the pandemic, inflationary pressures in supply chains, and the looming cost of living crisis create the perfect storm of uncertainty. This is one of the key findings from new research we’ve conducted into the state of retail. But it is not all bad news. If the past two years have taught retailers anything, it’s that agility and speed can turn adversity into opportunity.

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A Guide to Pricing Your Products

Wiser

One of the most important decisions you will make as a business is how to price your products. No matter what part of the retail industry you’re in, how you price your products will have a direct effect on the success of your business. Customers can be extremely sensitive to prices, and often view price as one the main factors to consider when making purchases.

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Amazon’s second Prime Day event is underway

Retail Wire

Amazon.com is looking to build up its subscriber base and drive retail sales for itself and third-party sellers with the launch today of its Prime Early Access Sale. “We are always looking for additional ways to help our members save throughout the year,” Amazon said. “And this event delivers just that — early holiday shopping with big savings.” Analysts at Jeffries believe the sale may add an extra $4.1 billion to Amazon’s top line in the fourth quarter.

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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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How Federal Interest Rates Are Affecting Small Business Loans

Small Biz Trends

? Recently, the Federal Open Market Committee boosted interest rates by 75 basis points. The decision could have a huge impact on those applying for small business loans. Chris Hurn, Founder and CEO of Fountainhead Commercial Capital, returns to the program to talk about what this could signify for small business lending. Check out the edited transcript of this latest episode of Small Biz in :15.

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U.S. factories add jobs as ‘Made in America’ is back in vogue

Retail Wire

U.S. manufacturers added 22,000 new workers in September, raising the overall manufacturer sector employment rate to its highest level since the Great Recession. Overseas supply chain issues have made many companies reconsider where they source their parts and products.

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Victoria Square signs Sweaty Betty for Northern Ireland debut

A1 Retail

Victoria Square, a retail and leisure destination positioned in the heart of Belfast, has announced the signing of global activewear and lifestyle brand Sweaty Betty for its Northern Ireland debut. Sweaty Betty will occupy a 2,056 sq ft unit on the lower ground level of Victoria Square by the central atrium and feature Sweaty Betty’s extensive range, including leggings, outerwear, underwear, and accessories.

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Nation’s third largest rail union rejects deal brokered by Biden administration

Retail Wire

Fifty-six percent of members of the Brotherhood of Maintenance of Way Employes Division of the Teamsters have voted to reject a tentative agreement with freight rail carriers brokered by the Biden Administration. The National Carriers’ Conference Committee, which represents the railroads, said it was “disappointed” with the result of the vote.

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Retails Next Frontier: Exploring and Proving the Value of AI

AI is everywhere. It’s in customer service interactions, product recommendations, marketing outreach, and yes, even commerce experiences. But not every use of AI provides the same value to your brand. In this masterclass, experts from Constructor, commercetools, Contentstack, and Orium discuss how AI can complement your composable tech stack and help bring in immediate ROI.

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Hollister app lets teens shop, parents pay

Retail Dive

The Abercrombie & Fitch Co. brand released the Share2Pay function based on company data about customer pain points.

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Gen Z’s Message to Merchants: Meet Us in the Metaverse

365 Retail

A new study from FIS ® (NYSE: FIS), shows how the shopping preferences of younger UK consumers have shifted as adoption of embedded finance services reaches mainstream usage among Millennials and Gen Zs, while their older counterparts are less engaged with newer, digitally-oriented financial experiences. Embedded finance is when consumers have unique, tailored financial services delivered to them at the point of need by non-financial companies.

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Evan Goldberg of Oracle NetSuite: Fast Growing Businesses are Always Optimistic, Focused on Growth No Matter What’s Going on in the World

Small Biz Trends

As the year has gone on I’ve been dipping my toes back into the industry conference scene more and more. And while I’m gearing up for my first trip to Vegas in three years for Oracle CloudWorld, Hurricane Ian kept me from getting there a couple of weeks ago for Oracle NetSuite’s SuiteWorld conference. SuiteWorld is a conference I’ve attended a number of times over the years, and with it being physically back I was looking forward to sitting down with company founder and O

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Data shows UK shoppers sharpening their focus on quality, convenience and value for money

365 Retail

New research from American Express reveals British shoppers are increasingly seeking better value for money, quality, and convenience during the current economic climate, offering retailers new opportunities to engage customers and drive loyalty. . According to the survey of 2,000 UK consumers, over three quarters (77%) of Britons are increasingly focused on value for money, with 71% saying they proactively look for sale items when shopping.

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2024’s Retail Odyssey: Going Small, Artificial, and Augmented!

Speaker: Kelly Goetsch - Chief Strategy Officer at Commercetools | Jason Cottrel - CEO & Founder at Orium | and guest speaker Brendan Witcher - VP, Principal Analyst at Forrester

Significant modifications are on the horizon for digital commerce in retail and customer experience come 2024. The pace of tech shifts will intensify, businesses are set to defund legacy solutions, and attractive opportunities will surface as social and retail media players join forces. To stay ahead of the curve, digital leaders are experimenting with less risky initiatives and scaling back on outdated projects that no longer yield impactful results.