Mon.May 16, 2022

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RICE 2022: How Brands Can Turn Their Unique Expertise into Memorable Value Propositions

Retail TouchPoints

As its name implies, Direct to Consumer (DTC) retail seeks to appeal directly to consumers with a brand they will recognize and seek out. But as this part of the industry grows more crowded, DTC retailers are finding it tougher to make their mark. Overcoming this challenge requires DTC companies to leverage their advantages as specialty retailers in order to deliver highly targeted messages that lay out their value proposition, while also delivering a personalized experience that a broader marke

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Woolworths to anchor new Devonport retail centre

Inside Retail

A development application has been lodged for a $40 million retail centre in Devonport, Tasmania with Woolworths confirmed as the anchor tenant. Stony Rise Village will be built adjacent to the suburb’s Devonport Homemaker Centre. The 7500sqm neighbourhood retail centre is scheduled to open in 2024. Developer Tipalea Partners says a leasing campaign will commence later this year for a variety of tenants to colocate with Woolworths, which will take 4000sqm, including a 400sqm online direct-

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RICE 2022: Albertson’s Provides Sneak Peek at Plans for Upcoming Marketplace

Retail TouchPoints

Third-party marketplaces have emerged as one of the biggest growth opportunities for retailers this year, with companies from Macy’s and Bed Bath & Beyond to Giant Food and Michaels launching marketplaces (or announcing plans to do so) in the last six months alone. Albertson’s will soon join that mix as well, and the company’s Senior Director of Marketplaces Jasmin Krdzalic gave attendees at last week’s Retail Innovation Conference & Expo a sneak peek at what he and his team are building

Planning 312
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The enormous cost of McDonald’s Russian exit

Inside Retail

McDonald’s is set to take a one-off impairment of US$1.2 billion to $1.4 billion from its decision to sell its Russian business and withdraw from the market in response to Russia’s invasion of neighbouring Ukraine. In the hope of finding ongoing employment for the 62,000 people working across its business, the US company is seeking a local buyer to take over its 850-strong store network.

Planning 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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RICE 2022: Why Retailers Should Apply ‘Love Languages’ to Improve Customer Relationships

Retail TouchPoints

The key to a consumer’s heart involves much more than offering convenience or an appealing product assortment, according to Retail Innovation Conference and Expo keynote speaker Ken Hughes. To really reach today’s customers, retailers need to create loving relationships with them. In the session titled Love is a Verb: Rethinking Relationship Building in a ‘Digital Retail’ World , Glacier Consulting CEO Hughes explained how dealing with his own divorce allowed him to reflect on how retailers can

Consumer 278
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Dyson launches new pioneering technology space in Harrods, London

Retail Focus

Dyson has unveiled its innovative new technology space in Harrods, Knightsbridge. Dyson’s latest innovations in Haircare, Environmental Care and cord-free Floorcare will now be available at Harrods. All Dyson technology can be found at the prestigious Technology Hall on the 5 th floor at Harrods where Dyson Experts will be on hand to educate Harrods customers and allow shoppers to get hands-on with Dyson technology.

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Retail Focus - Untitled Article

Retail Focus

Carnaby unveils a brand new installation to mark this year’s celebration for the Queen’s Platinum Jubilee. A glistening crown embellishes Carnaby Streets Union Flag with two platinum disc arches bookending both ends of the street. The oversized crown sits at the junction of Carnaby Street and Ganton Street above the 3D shimmer Union Flag which is adorned with 30,000 red, white and blue shimmer discs.

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RICE 2022: Why Target Brought a Touch of ‘Tar-zhay’ to Grocery Sales

Retail TouchPoints

Target was a model of agility during the pandemic, quickly expanding BOPIS and curbside pickup operations, and leveraging its store network for online fulfillment. The retailer was rewarded with double-digit sales growth in 2020 and again in 2021. At the Retail Innovation Conference & Expo held May 10-12 in Chicago, Rick Gomez, EVP and Chief Food & Beverage Officer at Target, revealed the critical role grocery played in this success story, as well as how the retailer plans to make it eve

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ISE 2022 debuts in Barcelona

Retail Focus

After much anticipation, ISE finally arrived in grand style at the Fira de Barcelona, Gran Vía (10-13 May). With a total 43,691 unique attendees from 151 countries, making 90,372 visits to the show floor, exhibitors reported busier than expected booths and many fruitful business connections. This was the first full ISE show since February 2020, when ISE said farewell to its previous home in Amsterdam and initial signs looked good for a busy week as queues began to form at the opening turnstiles.

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IKEA Expands Sustainability Push With Home Solar Power Generation Partnership

Retail TouchPoints

IKEA U.S. has partnered with SunPower Corp. to enable IKEA Family loyalty program members to purchase home solar solutions that can generate and store their own renewable energy. The program, called Home Solar with IKEA, is expected to launch in select California markets in fall 2022. “At IKEA, we’re passionate about helping our customers live a more sustainable life at home,” said Javier Quiñones, CEO and Chief Sustainability Officer at IKEA U.S. in a statement “We’re proud to collaborate with

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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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How an Aussie underwear brand got environmentalist Jane Goodall on board

Inside Retail

Ten-year-old sustainable basics brand Boody sells bamboo underwear, loungewear and activewear online and in more than 4000 retail stores around the world. The brand has had a CAGR of over 40 per cent for the last three years, but compared to the likes of Calvin Klein or Hanes, it’s still not a household name. . So, how did the family-owned Australian business manage to clinch world-renowned primatologist and environmentalist Dr Jane Goodall as its first-ever brand ambassador?

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Walmart builds store manager talent pipeline

Retail Wire

Walmart has created a program to recruit and train college graduates with the goal of putting them in store manager positions within two years. The College2Career, which kicked off with two graduates this spring, is looking to bring in nearly 1,000 applicants by the summer. Participants in the program start off with $65,000 a year guaranteed. Store managers can earn more than $200,000 annually.

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Ferguson Plarre Bakehouses looks to expand drive-thru model

Inside Retail

Family-owned Ferguson Plarre Bakehouse has launched its first drive-thru bakery, in South Morang, Victoria. The store, which boasts new in-store branding, has a similar 120sqm footprint to the regular bakeries. In addition to its drive-thru offer, it is a full-service Ferguson Plarre Bakehouse. CEO Steve Plarre said: “There is a real focus on speed and service at the drive-thru window, with best-in-class processes that will lay the foundations for our 10-Star Drive-Thru Franchise System.

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Tops grocery store is the latest to become a mass homicide crime scene

Retail Wire

A gun attack on shoppers at a Tops Friendly Markets store in Buffalo, NY, left 10 people dead. The alleged shooter targeted primarily Black shoppers in what is being described as a racially motivated attacks. The Buffalo attack follows previous mass attacks on grocery stores. A Walmart Supercenter in 2019 was the site of an attack focused on Latinos and immigrants that left 23 dead.

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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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Zilingo on the brink as loan recalled, financial advisor appointed

Inside Retail

Fashion technology startup Zilingo’s debtholders have decided to recall their entire loan, leading the Singapore-based company to appoint a financial adviser to assess options, its board said on Friday. “Due to Zilingo’s failure to fulfil prior obligations under the loan agreement, the company’s lenders have made the decision to accelerate the repayment of the entire loan,” Zilingo’s board said in a statement to Reuters.

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McD’s is looking to sell Russian business

Retail Wire

McDonald’s has determined that it cannot continue doing business in Russia and is seeking a “local buyer” to negotiate a sale. “The humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, have led McDonald’s to conclude that continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald’s values,” the company said in a statement.

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Here’s what it was like to be in Fashion Week’s first adaptive show

Inside Retail

‘Unexpected’, ‘unbelievable’ and ‘unreal’ were all words I heard to describe the Adaptive Clothing Collective at this year’s Afterpay Australian Fashion Week (AAFW). It was clear that founder Jessie Sadler and lead designer Carol Taylor had achieved one of the things they set out to do with this new collection for Australia’s first inclusive fashion label, Christina Stephens: to dispel the myth that clothing adapted for people with disabilities could not be fashionable, stylish, glamorous,

Fashion 130
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Harvard researcher worries buy now, pay later is a bubble waiting to burst

Retail Wire

Financially overextended consumers and a lack of governmental oversight have Marshall Lux, a fellow at the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School, worried that buy now, pay later programs are leading consumers, particularly younger ones, to take risks that blow up in their faces.

Consumer 100
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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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The 4 pillars of e-commerce profitability (promos aren’t always the answer)

Inside Retail

Within the next five years, global e-commerce sales are expected to double, growing to a quarter of total retail revenue. Figures from Australia Post show that Australians spent a record $62.3 billion in 2021, but that still lags other major world economies in terms of online spending. This means there is significant growth still to come. Despite the challenges, an opportunity exists for traditional retailers to win new customers and increase their share of wallet through digital channels.

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Store brand formula maker sees shortages through year’s end

Retail Wire

Perrigo Company, which makes store brand formula for retailers including Amazon.com and Walmart, said that it will not be able to catch up with increased demand this year that has arisen due to an infant formula shortage caused by a recall of formulas manufactured by Abbot Laboratories.

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Christmasworld 2023 on course for success

A1 Retail

Image: Messe Frankfurt / Rui Camilo. Following the expiry of the early-booking discount, the response from exhibiting companies at the leading international trade fair for seasonal and festive decoration has been so overwhelming that the planned layout of the exhibition grounds is being optimised. The companies also welcome the fact that the fair is being held in parallel with Ambiente for the first time, which opens up additional business potential.

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Consumers clipping coupons and trading down as prices rise

Retail Wire

Consumers are changing their grocery shopping habits as they try to feed and supply their households and remain on budget. Susan Pollack, a property manager in California, recently purchased a bulk pack of toilet paper in Costco and discovered the price had gone up to $25 from $17.

Consumer 100
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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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?IPA Brokers $83 Million Sale of Freedom Town Center in Fayetteville, North Carolina

Shopping Center

Fayetteville, N.C. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the $83 million sale of Freedom Town Center, a 350,800-square-foot shopping center in Fayetteville. Built in 2017, the property was almost fully leased at the… The post ?IPA Brokers $83 Million Sale of Freedom Town Center in Fayetteville, North Carolina appeared first on Shopping Center Business.

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Marriott Media Network to give brands access to travelers

Retail Wire

Marriott is launching a media network that will enable advertisers to reach travelers through the chain’s websites, app and eventually on televisions in hotel guests’ rooms. “If you can get 1 percentage point of the digital retail media market, that’s almost half a billion dollars in revenue, and it’s high-margin revenue,” said Insider Intelligence principal analyst Andrew Lipsman.

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Best Commercial Hand Dryer Options for Your Business in 2022

Small Biz Trends

Thinking about ditching the paper towels for a hand dryer? Great idea! Investing in a commercial hand dryer has many benefits. Installing a hand dryer in your business is more cost-effective, better for the environment, and more sanitary than paper towels, which can be messy and need to be constantly replenished. The best air hand dryers for work should be reliable, with a long work life because they are being used constantly, and should be energy efficient.

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H-E-B adds new primary care clinics

Retail Wire

H-E-B is opening two new primary care clinics in Austin and Leander, TX. H-E-B Wellness Primary Care clinics, staffed by doctors, nurses and other medical professions, offer basic healthcare for people 12 and older. The clinics operate in cooperation with H-E-B’s registered dietitians and promote “a food-first philosophy rooted in science.”.

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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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Business Life Insurance for Owners: What You Need to Know

Small Biz Trends

A small business owner can buy two types of life insurance policies, associated with the business. A small business owner can buy a life insurance policy for the business. Typically, the policy is in the name of an owner or partner. The business pays the premiums, and the business is the beneficiary. Premiums aren’t tax-deductible. A small business owner can purchase group life insurance for employees.

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Beware the Wolf in Sheep’s Clothing: FTC Takes Action Against Apparel Retailer Who Bragged He Could Rip Off Consumers by Ripping Out Made in China Tags

Hunton Andrews Kurth

The FTC continues its pursuit of deceptive Made in USA claims, this time with allegations that company Lions Not Sheep and its owner, Sean Whalen, marketed apparel as being “Made in USA,” “Made in America,” “100% AMERICAN MADE,” and “BEST DAMN AMERICAN MADE GEAR ON THE PLANET” when in fact the products were made in China. According to the FTC, Whalen appeared in social media posts claiming he could conceal the fact that his politically-themed hats, t-shirts, sweatshirts, and other apparel were o

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Live Streaming Courses You Can Take Online Today

Small Biz Trends

In recent years the practice of marketing and advertising has gone through different types of platforms. In the digital age, digital means of marketing and advertising are practiced with different technologies and platforms. Live streaming is one of the technologies you can use to help you market your business to a large number of people. There are several offerings online with live streaming courses for your business or as a business opportunity.

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Dove’s Marketing Strategy, 5 Keys to its Success

Indigo 9 Digital

Picture of Dove products. By Tricia McKinnon It’s not easy to standout in the beauty and skincare industry. What’s hot today isn’t always what’s hot tomorrow especially in a sector that is often dictated by the latest TikTok trends. But the Dove brand, which is 65 years old, has stood the test of time. It is one of the most popular brands with Gen Z consumers.

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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.