Fri.Sep 24, 2021

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Understanding the Machines: How Solution Providers Decrypt AI for Retailers

Retail TouchPoints

Approach your colleague and ask about his or her thoughts on Artificial Intelligence. About seven out of 10 people would mention that, presumably, the powerful technology may replace humans and dramatically disrupt the labor market. Yes, this is what people have been reading about in media. Despite “AI-powered future” talks hanging in the air, the actual AI revolution remains more of a distant concept.

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Melbourne start-up ecosystem valued at over $10 billion

Inside Retail

The Global Startup Ecosystem Report (GSER) 2021 reveals that Melbourne’s start-up ecosystem value has grown by more than $3 billion in the past 12 months, and is now valued at more than $10 billion. This is a significant increase, with Melbourne’s start-up ecosystem valued at $2.21 billion in 2018, $3 billion in 2019 and $7 billion in 2020 – a growth rate of 475 per cent in four years.

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The New Growth Triple Play: Why Retailers Should Embrace Creativity, Analytics and Purpose

Retail TouchPoints

According to McKinsey research, 75% of consumers tried new brands and shopping behaviors during the pandemic and they plan to stick with them moving forward. That is why the firm believes that, in order to differentiate and grow, brands need to embrace a combination of creativity, analytics and purpose. During this discussion, Alicia Esposito sits down with Jess Huang, Partner at McKinsey & Company, to discuss this “new growth triple play” and how marketing teams, specifically CM

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Laings to upsize at St David’s marking welsh debut for Patek Philippe

Retail Focus

The St David’s Partnership, owners of St David’s Cardiff , has announced the forthcoming expansion of Laings’ Cardiff showroom. Set to relaunch next month, the upsized 4,735 sq ft showroom will welcome esteemed brands Rolex and Patek Philippe, marking a Welsh debut for the latter. The transformation of the family-run jewellers’ existing boutique at St David’s forms an integral part of Laings’ UK-wide expansion plan, with a £3 million investment into its presence in Cardiff.

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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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Nominations Now Open for 24th Annual Markopoulos Award

Retail TouchPoints

Retail TouchPoints and design:retail are thrilled to announce the return of the Markopoulos Award , one of the industry’s most prestigious honors. The award recognizes outstanding achievement and contributions in visual merchandising and store design. For the past 24 years, design:retail has presented one notable industry professional with the Markopoulos Award, an honor named after the late visual merchandising legend Andrew Markopoulos, whose vision and principles helped establish the artistr

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Luxury group Kering to ditch fur completely

Inside Retail

France’s Kering will stop using animal furs in all its collections, joining a growing list of luxury fashion houses to respond to customer demands for ethical and sustainable clothing and accessories. The decision comes four years after its star label Gucci announced it would forego fur. A number of fashion houses followed suit, including Italy’s Prada, Burberry and outerwear specialist Canada Goose, which had come under fire for its use of coyote fur.

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Cisco Interop: Discovery of Designated Resolvers Protocol Implemented

Cisco Retail

Earlier this year in a blog post , I shared a bit about our Auth-DoH idea. In case it’s not top of mind, let me help refresh your memory. Auth-DoH is essentially a safer way to publicly advertise private services. It’s a forward-looking idea to improve DNS security. Another forward-looking idea is Discovery of Designated Resolvers (DDR). DDR allows for upgrading from insecure DNS to secure DNS.

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Madewell and ThredUP open a secondhand pop-up shop

Retail Wire

Madewell and ThredUP have partnered to open a temporary store in Brooklyn selling second hand items from the fashion brand at a significant discount. The concept, known as A Circular Store, brings together two companies that have worked together before. Madewell is one of the most popular brands sold on ThredUP’s online platform.

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Spicy deal for Nisa retailers

Talking Retail

Nisa is offering its retailers a special promotion ahead of National Curry Week, which runs from 4 to 10 October. The deal is designed to offer customers all they will need for a curry night for £7. Shoppers can choose two main courses from three curry options from the Co-op takeaway range; korma, tikka or. This story continues at Spicy deal for Nisa retailers.

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NYC passes first food delivery worker protection law

Retail Wire

New York City became the first in the nation to pass a law that prevents third-party delivery companies from charging independent workers a fee to collect their pay. It also prevents services from charging those making deliveries for insulated food bags. Restaurants must now make their bathrooms available to workers making food deliveries for them.

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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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Rich messaging: the channels retailers must buy into to make their brands stand out

Cisco Retail

Earlier this year, Cisco completed its acquisition of imi mobile, adding an enterprise-grade CPaaS platform to Cisco’s industry-leading collaboration and contact center solution portfolio. Our guest blog this week comes from the imi mobile team. The rise in eCommerce driven by changes in consumer shopping behavior as well as the pandemic, has meant that retailers have increasingly turned to digital messaging channels to engage with customers.

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Gucci parent company is ending fur sales

Retail Wire

Kering, the parent company of luxury fashion brands including Alexander McQueen, Balenciag, Gucci and Yves Saint Laurent, announced that it will ban the use of animal fur in all its products by the fall of 2022. “The time has now come,” said Kering CEO and Chairman, François-Henri Pinault. “The world has changed, along with our clients, and luxury naturally needs to adapt to that.

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A former J. Crew store employee is now one of its star collaborators

Retail Dive

Blackstock & Weber Founder Chris Echevarria, who as a store employee once caught Mickey Drexler's attention, sees the classic men's loafer as an ideal canvas.

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Trucker shortage forces BP to close some UK gas stations

Retail Wire

BP said that it had to temporarily close “a handful” of gas stations in the UK due to a lack of truck drivers to deliver fuel supplies. The company, which supplies 1,200 BP-branded gas stations in the UK, said it will “continue to work with our hauler supplier to minimize disruption and to ensure efficient and effective deliveries.

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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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Country Choice unveils trio of Halloween launches

Talking Retail

Country Choice has expanded its Halloween range with three new products. New for this year are two 85g Halloween Cupcakes in Bat and Ghost variants, each made of chocolate sponge topped with icing and chocolate Halloween decorations (£1.49). Halloween Mallow Ghost (50g; £1.09) is a spooky shaped marshmallow with sugar decorations on a biscuit base. This story continues at Country Choice unveils trio of Halloween launches.

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Stitch Fix needs to build its non-subscriber base

Retail Wire

Stitch Fix has opened up its site to allow non-subscribers to buy clothing and shoes. The company’s Freestyle direct purchase option will take time to build, according to CEO Elizabeth Spaulding. “We are going to be launching many new features, more brands and personalized stores,” she said. “We want to give ourselves time to really make this big transition into becoming the destination for personalized shopping and styling.”.

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#CiscoChat! Possibilities with Predictive Internet

Cisco Retail

Throughout our daily routines, we always think about the future and the possibilities of ‘what if.’ Meteorologists predict what kind of hurricane we’ll see; stockbrokers predict how companies will perform in the future, and scientists predict different hypothetical outcomes to make world-renowned discoveries. There are predictions all around us, so why can’t our network do the same?

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Amazon’s executive ranks are short on diversity

Retail Wire

The percentage of non-whites has risen modestly among Amazon.com’s executive ranks while its blue-collar positions are largely filled by minorities, according to statistics posted by the company. Seventy-one percent of Amazon executives were white at the end of October 2020, down from 74 percent in 2019.

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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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Some forecourt stores continue to trade well even when the petrol pumps run dry

Talking Retail

A forecourt retailer where the petrol station has repeatedly closed because of delivery problems says that his shop has continued to trade well. David Charman, who runs the 3,000 sq ft Spar forecourt store at West Malling in Kent, said that the pumps being closed has been disruptive, but had also shown that most of. This story continues at Some forecourt stores continue to trade well even when the petrol pumps run dry.

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Supply chain disruptions hit Nike right in the sales

Retail Wire

Nike’s earnings exceeded expectations for the quarter ending Aug. 31, but the company’s revenues fell short as supply chain disruptions limited sales volume. The athletic wear brand has seen demand for its products increase, but inventory levels remain flat compared to the same period last year. Further disruption is expected as Nike’s factories in Vietnam remain closed due to the novel coronavirus pandemic.

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Nike races ahead, with supply chain woes nipping at its heels

Retail Dive

Sales grew 16% for the sportswear and shoe seller, but that number would have been higher if not for factory shutdowns and shipping headaches.

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Retail and restaurant workers go to work in the cannabis industry

Retail Wire

The legal weed business is seeing many of its open jobs filled by workers coming from traditional retail businesses and restaurants. Around 321,000 Americans are now thought to be working in the cannabis industry, a 32 percent jump from last year. “There has been a seismic shift of workers from retail and restaurants to cannabis” said Kara Bradford, CEO of Viridian Staffing.

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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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The Weekly Closeout: Nordstrom debuts Home concept in New York, retail's big IPO wave

Retail Dive

A two-story retail experience opened at the department store's flagship, and Mattress Firm and Guitar Center are the latest to confidentially file to go public.

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Ribena Sparkling kicks off three-month partnership with Channel 4

Talking Retail

Ribena is partnering with Channel 4 to launch a three-month TV campaign for its Sparkling variants. Five 10-second adverts will run from tonight until Christmas Eve across Channel 4’s Friday evening programmes, aimed at Ribena Sparkling’s affluent consumer audience. The campaign will also include social media and radio advertising and POS material for retailers.

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Scratch cooking trend represents huge opportunity for convenience retail, says Tilda

Retail Times

A new study into cooking behaviour has revealed that more people are taking the time to cook their meals from scratch compared to pre-pandemic. The results, released by leading dry rice brand, Tilda, uncover what consumers most enjoyed preparing and identify opportunities for retailers to tap into a growing interest in scratch cooking, by ensuring they stock the highest quality ingredients to help shoppers create the best results.

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Costco reinstates purchase limits on some items

Retail Dive

Amid soaring sales, the retailer is limiting the amount of toilet paper, bottled water and other products members can buy as supply chain challenges mount.

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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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Pantys launches with Zalando

A1 Retail

Monday (20th September) marked the next stage in Pantys European retail expansion by joining the Zalando platform as the first menstrual underwear brand to be stocked on the site. The ecommerce platform will sell the Tanga, Bikini and Hot Pant styles in both black and pink colourways, ranging from size XS – XL will be available on Zalando now.

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Jason & Scot Show Episode 276 – Recap of GroceryShop 2021

Retail Geek

A weekly podcast with the latest e-commerce news and events. Episode 276 is a Recap of GroceryShop 2021, new woes for Amazon FBA sellers, and industry news. Subscribe: Apple Podcasts Google Podcasts Spotify Stitcher Podcast RSS SoundCloud TuneIn iHeartRadio Google Play Music Overcast Pocket Casts Facebook. ? ? ? ? ? GroceryShop is a trade show dedicated to the grocery and CPG industry, with a particular.

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JLL Arranges $168.3 Million Sale of Retail Portfolio Across Mid-Atlantic

Shopping Center

Washington, D.C. — JLL Capital Markets has arranged the sale of a portfolio of eight infill neighborhood retail assets totaling 695,991 square feet in Washington, D.C., northern Virginia and southern Maryland. Stephen Conley, Danny Finkle, Jordan Lex and Kim Flores… The post JLL Arranges $168.3 Million Sale of Retail Portfolio Across Mid-Atlantic appeared first on Shopping Center Business.

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Fast Forward Your Firewall Business

Cisco Retail

It’s no secret that our customer’s security needs are continuing to evolve and change as organizations transition to the cloud – whether it’s to support sustained hybrid work posture or adopt strategies like Zero Trust or Secure Access Service Edge (SASE) – customers need end-to-end security that simplifies the experience, reduces complexity, and integrates with their existing security investments.

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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.