Retail TouchPoints
JUNE 10, 2021
Beauty brand Lancôme has upped its experiential retail game, launching an augmented reality (AR) experience at its flagship store located on the famous Champs-Elysées in Paris. L’Oréal Group , which owns Lancôme, selected the landmark store (which saw 30,000 visitors monthly pre-COVID) for the experiential offering that blends the physical and digital worlds.
Inside Retail
JUNE 10, 2021
SDA, the trade union representing shop and warehouse workers, has launched an advertising campaign calling on the government to boost the minimum wage on July 1. . Seizing on a quote from Prime Minister Scott Morrison that the Australian economy is “the envy of the world” SDA national secretary Gerard Dwyer said retail staff who worked tirelessly during the Covid-19 crisis deserved “a fair pay rise”. .
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Retail TouchPoints
JUNE 10, 2021
AI-driven optimization and intelligence platform Feedvisor has launched its advanced Advertising Optimization and Intelligence platform. The tool aims to solidify Feedvisor’s full-funnel Amazon Advertising solution by enabling brands and retailers to make data-informed decisions across their entire advertising program. The Advertising Optimization and Intelligence platform can help improve rankings, conversions and full-funnel performance across all Amazon ad types, including Sponsored Products,
Inside Retail
JUNE 10, 2021
Physical stores are still preferred to online channels among Gen Z Aussies when it comes to shopping for fashion. Despite the ongoing growth of e-commerce, more than 70 per cent of Gen Z said they will buy clothes at physical boutique stores or thrift stores instead of buying across e-commerce sites and marketplaces, according to a survey of Yubo, a Gen Z social media platform. .
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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.
Retail TouchPoints
JUNE 10, 2021
B2B rental technology platform CaaStle has launched BORROW, designed to help retail brands offer a transactional rental experience that is fully integrated into their website. The solution gives retailers a way to rent items to shoppers and also allows consumers to make a purchase if they like it. BORROW allows customers to wear items as many times as they like during the rental period with the option to buy at any time.
Inside Retail
JUNE 10, 2021
The sale of pre-owned items is a tradition as old as the marketplace itself, spanning everything from high-end auction houses selling antique art, furnishings and specialist collectibles to the humble garage or yard sale. The arrival of the internet, however, proved transformational as platforms like EBay and Craigslist enabled resellers to tap into a much wider potential customer base.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
JUNE 10, 2021
Premier Retail has increased its profit guidance after recording global sales growth of 70 per cent in the 18 weeks to June 5, compares with the same period last year. . CEO Mark McInnes said the achievement reflected the success of its supply chain focus, integration of brands’ online and offline channels, and successful negotiation with landlords over rents while the Covid pandemic impacted trading.
Retail TouchPoints
JUNE 10, 2021
Retail sales for 2021 are now expected to grow between 10.5% to 13.5% , reaching more than $4.44 trillion , according to a revised forecast from the National Retail Federation (NRF). The new forecast is significantly more optimistic than the 6.5% growth that was projected in February 2021, though some analysts cautioned that different retail segments, at different times of the year, would see their own ups and downs.
Inside Retail
JUNE 10, 2021
Australian discount store chain The Reject Shop is one of many retailers that has seen a staggering increase in aggressive customers in recent times, prompting the roll out of a new training program. Kate Lewis, general manager of HR at The Reject Shop, said customers at the moment are “out of control” and it’s not confined to lockdown in Victoria.
Intelligence Node
JUNE 10, 2021
The New-Age of Retail & Demand Forecasting Demand is where it all starts. Whether you want to set up a new business or expand the current one, demand dictates your decisions every step of the way. In retail demand forecasting, many factors are based on demand. For example, assessing risk, inventory planning, capital expenditure, revenue, […].
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.
Inside Retail
JUNE 10, 2021
In modern-day retail, businesses need to show that they care about something other than making a profit to succeed in the long-term, according to retail leaders from Sephora and Ikea. “At Sephora, one of our key priorities right now is really being an inclusive community,” said. Sephora CEO and president Jean-André Rougeot at this week’s National Retail Federation’s State of Retail and the Consumer conference.
Retail TouchPoints
JUNE 10, 2021
Earlier this year, the GameStop stock drama dominated just about every media outlet with an irresistible David vs. Goliath story: small investors teamed up online and purchased shares that rocketed the retailer’s stock price, forcing hedge funds betting against the flailing retailer to lose billions. GameStop’s stock volatility has been on a roller coaster since then, but a sustainable future may be on the horizon.
Retail Focus
JUNE 10, 2021
centre:mk has announced that British lifestyle brand, Crew Clothing, has opened its first store in the catchment at the top 10 shopping centre. Spanning 1,666 sq ft, Crew Clothing’s new store located at 27 Silbury Arcade showcases the brand’s womenswear, menswear and childrenswear collections inspired by the British coast. . Founded in Salcombe with its crystal clear waters and cobbled streets, the brand grew from the back of a windsurfing shop – moving to Cowes Week, the King’s Road and now
Inside Retail
JUNE 10, 2021
Australian discount store chain The Reject Shop is one of many retailers that has seen a staggering increase in aggressive customers in recent times, prompting the roll out of a new training program. Kate Lewis, general manager of people and culture at The Reject Shop, said the issue is not just confined to lockdown in Victoria. . “[Customer aggression] is definitely on the increase.
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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.
Retail Focus
JUNE 10, 2021
Planet 360 recently worked with Sweaty Betty’s in-house VM team to design, develop and manufacture a bespoke in-store structure. The tripart structure created a 360-degree shopping experience based around product discovery and digital insight via QR codes. This unique VM was part of Sweaty Betty’s collaboration with re•spin by Halle Berry. Planet360 Tripart Structure. 1 of 3.
Inside Retail
JUNE 10, 2021
Aldi has been deemed 2020’s supermarket of the year in Roy Morgan’s latest customer satisfaction awards. Roy Morgan CEO Michele Levine said supermarkets become some of the most trusted brands in the country last year due to the integral role they played during the first national lockdown, keeping Australia’s communities safe and fed. “Many businesses, and particularly those in retail and hospitality, faced a major threat to their way of doing business in 2020 as a nation-wide closure early in th
Retail Wire
JUNE 10, 2021
Klavon’s Ice Cream Parlor in Pittsburgh needed workers and found very few takers when it posted jobs for $7.25 an hour plus tips. The owner of the business decided to raise the starting wage to $15 an hour and one week later had more than 1,000 applications for jobs. “It was like a dam broke,” said Jacob Hanchar, owner of Klavon’s.
Inside Retail
JUNE 10, 2021
Farfetch and Burberry recently collaborated on an immersive retail experience to celebrate the release of Burberry’s Olympia bag. ‘Store in the Sky’ was created as a limited time, shoppable, web-enabled 3D experience and a stunning example of what we can expect to see as digital showrooms emerge. Shoppers visiting the site were able to navigate around a 3D gallery and interact with the Olympia bag, select different colours and learn about the design and its origins.
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
Retail Wire
JUNE 10, 2021
PCC Community Markets is delaying the opening of a new store in downtown Seattle until next spring due to a lack of workers to staff the location. PCC also cited a concern about a potential lack of customers for its decision as it and other businesses wait to see if office workers will return to the area now that pandemic-related restrictions are being lifted.
Inside Retail
JUNE 10, 2021
Netflix will launch an online store to sell limited-edition apparel, lifestyle merchandise and collectibles based on “Stranger Things,” “Lupin” and other popular shows, the streaming giant said on Thursday. Netflix shop will be available in the United States starting on Thursday and expand to other countries in the coming months, Netflix said in a blog post.
Nvidia
JUNE 10, 2021
It’s time for autonomous vehicle developers to blaze new trails. . NVIDIA has agreed to acquire DeepMap, a startup dedicated to building high-definition maps for autonomous vehicles to navigate the world safely. . “The acquisition is an endorsement of DeepMap’s unique vision, technology and people,” said Ali Kani, vice president and general manager of Automotive at NVIDIA.
Rangeme
JUNE 10, 2021
After more than ten years of serving in the military and working for the federal government, Yancy Seals found himself motivated to start something new. It was Seals’ lifelong passion for BBQ and how ingrained it was in his ways of bringing communities and families together that prompted him to put his beloved secret recipes on store shelves for consumers.
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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.
Cisco Retail
JUNE 10, 2021
Life today looks a little different than it did before; you see it across the board in the way people work and in the way students learn. In this world of hybrid work and hybrid learning, being able to collaborate and stay connected is more important than ever. And just like business leaders and employees, teachers and students – and parents like me – have realized that you don’t have to be together in person to connect, collaborate and get things done.
Retail Wire
JUNE 10, 2021
A total of 367,000 Americans filed first-time unemployment claims last week, the first time that the national number fell below 400,000 since the pandemic hit and down 58,000 from the previous week, according to the Labor Department.
Cisco Retail
JUNE 10, 2021
With today’s multi-cloud and modern application environments, security is more complex than ever before. With the Cisco Secure platform approach, we are helping you take steps to achieve radically simplified security across your organization. Today, we are driving simplified security to your hyperconverged infrastructure (HCI), delivering support for Cisco Secure Firewall Threat Defense Virtual (formerly FTDv/NGFWv) on Cisco HyperFlex.
Retail Wire
JUNE 10, 2021
Alex and Ani has filed for Chapter 11 bankruptcy protection after running into financial problems in recent years. The jewelry chain, which became popular selling charm bracelet bangles, listed $100 million in assets and $500 million in liabilities in its bankruptcy court filing.
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
Talking Retail
JUNE 10, 2021
JTI has removed three tobacco gantries from stores in the North-West of England. The removal of JTI gantries from Moorgate News in Lancaster and Lucky News in Manchester came after both retailers were found to be selling illegal tobacco products. In the case of Lucky News in Manchester, Manchester City Council Trading Standards officers found. This story continues at JTI takes action against sellers of illicit tobacco.
Retail Wire
JUNE 10, 2021
Starbucks baristas report that the company’s stores are facing shortages on a wide variety of items, including cake pops, cup stoppers, oat milk and some of the syrups used in its drinks. The company has said that shortages are temporary and vary by market and store.
Cisco Retail
JUNE 10, 2021
Your network infrastructure stack is like a peanut butter and jelly sandwich. Some people prefer only peanut butter, some only jelly, but most people prefer a little bit of both. In today’s multi-cloud and application environments, most would say they prefer a hybrid cloud infrastructure, the perfect balance of resources in public and private cloud, giving your organization the freedom to choose where and how you deploy your applications and resources.
Retail Wire
JUNE 10, 2021
JBS, the largest meat processing company in the world, paid cybercriminals an $11 million ransom to regain control of its system. “REvil,” a Russian-speaking ransomware group, has been linked to the crime. “This was a very difficult decision to make for our company and for me personally,” said Andre Nogueira, CEO of JBS USA, in a statement. “However, we felt this decision had to be made to prevent any potential risk for our customers.
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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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