Tue.Apr 18, 2023

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Vuori Hires First CIO and Chief People Officer to Fill C-Suite Seats

Retail TouchPoints

Vuori has gone outside its own ranks to fill four C-suite positions, including the activewear brand’s first-ever Chief Information Officer, Chief People Officer and General Counsel & Corporate Secretary. The retailer also has named a new COO. Bryan Muehlberger, previously CIO of The Beachbody Company and Red Bull , will oversee all digital and information technology as Vuori’s CIO, including digital commerce and retail store technology.

Finance 311
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Australian Easter spending rise lags inflation

Inside Retail

Australian consumers forked out $8.1 million over the Easter trading period, according to Westpac DataX research, reported in conjunction with the Australian Retailers Association (ARA). Spending grew modestly at 4.5 per cent over last year – less than the 7.3 per cent year-on-year inflation rate. This year’s Easter sales were driven by food retailing contributing $3.6 billion – up 8.6 per cent.

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Walmart Introduces Renewable Natural Gas Engine into its Transportation Fleet

Retail TouchPoints

Walmart has advanced its commitment to a zero-emissions transportation fleet with the debut of a 15-liter compressed natural gas engine that will be incorporated into Walmart’s vehicles. The X15N engine, supplied by Cummins and fueled by Chevron , uses compressed natural gas (CNG) linked to renewable natural gas. The first truck will make an inaugural trip from Indiana to California with pit stops along the way to refuel at Chevron stations.

Location 248
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Tasmanian bootmaker, winery team up to create limited-edition boots

Inside Retail

Boot maker Blundstone and Tasmanian winery Devil’s Corner have teamed up to create an exclusively designed limited-edition boot. The Winemaker boot, which is based on Blundstone’s Originals range, features an exclusive brown leather colourway and is part of the Devil’s Corner x Blundstone competition aimed at “driving the discovery of Tasmanian wines”.

Consumer 246
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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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How Flip is Flipping the Script on Influencer Marketing by Making Actual Customers its Stars

Retail TouchPoints

Online shopping has existed for 40 years or so now, depending on what starting point you use, and while it’s undergone many changes, the basic paradigm remains. Noor Agha thinks it’s time for a change, or to use his word, an “evolution.” His platform Flip — described as a “shopping social network” — already has more than 1,000 brands participating, including E.l.f. , Essence , Honest and Gwyneth Paltrow’s Goop , and 2 million users are logging an average of 35 million video views each month.

Marketing 242
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“Building a brand from the ground up”: Inside LSKD’s San Diego expansion

Inside Retail

Sportswear retailer LSKD has been expanding rapidly throughout Australia in recent years, and has now set its sights on a bigger market: the US. Here, we speak to founder and CEO Jason Daniel about the brand’s international strategy, e-commerce’s growing interest in physical retail, and doing more with less. Inside Retail : Earlier this month, LSKD opened its first store in the US, in San Diego.

Wholesale 243

More Trending

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AI in Retail, online grocery, and virtual stores - Weekly Snacks #51

Tokinomo

Campaign corner Only the best. In Farmer’s Dog’s commercial a woman shares the tale of how her family welcomed a golden retriever named Sam into their lives through adoption. She encourages fresh dog owners to cherish their time with their furry friends by engaging in playtime, offering love and care, embarking on lengthy walks, and allowing them to explore their surroundings.

Marketing 227
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Road Runner Sports Ties Digital Signage to its VIP Loyalty Experience

Retail TouchPoints

Road Runner Sports is enhancing its in-store experience and streamlining sales associates’ duties with digital signage introduced in partnership with Creative Realities. Members of Road Runner’s VIP loyalty program can get a personalized in-store experience using the displays, including a welcome video and a digital queue tracker that lets them continue shopping while they wait for notification that an associate is free to assist them.

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Introducing a New Product: A Guide

Wiser

Developing a new product and introducing it to the market is a huge and often daunting task, but it’s necessary for businesses that want to stay competitive in a fast-paced industry. The Harvard Business School says that 30,000 new products are introduced to the market each year, and according to Mckinsey & Company , less than 50 percent of those launches achieve their target business goals.

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Sock it to Them! Eastern Mountain Sports Promotes Circularity with Sock Give-Back

Retail TouchPoints

Timed to coincide with Earth Day, Eastern Mountain Sports (EMS) is once again participating in the Smartwool Second Cut project. During the month of April, EMS will accept shoppers’ used, clean socks (of all brands) that will then be recycled into new products via a partnership with Material Return. All 20 EMS stores, located in seven Northeastern states, will participate.

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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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How Twoobs turned a damaged stock shipment into a sales boon

Inside Retail

Melbourne-based Twoobs has turned a damaged shipment of nearly 3000 pairs of its distinctive shoes into a sales boon that has exceeded the startup’s targets, in an eco-friendly marketing masterclass for other SMEs dealing with stock bungles. Twoobs is run by sisters Stef and Jess Dadon who tell SmartCompany they experienced a surge in growth during the last eight months and placed what Jess called the “largest shoe order to date” to bolster stock.

Fashion 130
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Sheetz drops gas prices to $1.85 a gallon

Retail Wire

Sheetz is selling E85 for $1.85 a gallon through April 30 at its more than 375 convenience stores in Maryland, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia. The national average price for a gallon of E85 gas is $3.074.

ATS 130
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Australian per capita online spending set new record last year

Inside Retail

Australia’s retail e-commerce generated US$45.7 billion (A$68.01 billion) last year with the average Australian spending US$1766 (A$2628), according to data from Euromonitor. The market research company’s e-commerce solution analysis covers more than 400 retailers across 12 countries and claims to account for at least 80 per cent of total online sales.

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New Apple Card savings account pays 4.15 percent interest

Retail Wire

Apple is launching a savings account through Goldman Sacks that pays a 4.15 percent interest rate with doesn’t require a minimum deposit or balance. The tech giant said users could set up an Apple Card savings account from the Wallet app on their iPhones. Daily Cash rewards earned using the ApplreCard will be automatically deposited into users’ accounts.

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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 Wendy’s franchisees combat understaffing using conversational AI

Inside Retail

Speed is everything in high-volume recruiting – particularly in the retail and fast-food industry, where stores are almost always hiring and competition is fierce. The first employer to respond with an interview and offer almost always snags the best people. This has always been true, but it’s been especially acute in today’s tight labour market. Thankfully, many Wendy’s franchisees had a secret weapon: An AI assistant named Lou , powered by Paradox.

Location 130
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How Intelligence Node is Redefining Mobile App Scraping for Retail

Intelligence Node

Introduction The post-pandemic world relies heavily on mobile apps to do its shopping. Research suggests that smartphone users spend over 3 hours on their phones every day, and one out of. The post How Intelligence Node is Redefining Mobile App Scraping for Retail appeared first on Blog.

Shopping 104
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McD’s tweaks its Big Mac prep

Retail Wire

McDonald’s is adding more of its special sauce to its Big Macs. It is also toasting buns and melting cheese on its burgers while they are on the grill to improve the taste of its signature sandwich. “We saw the opportunity to make a few changes in our kitchens to make them even more delicious,” said Tariq Hassan, McDonald’s USA chief marketing and customer experience officer.

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Nuveen Acquires Two Retail Centers Totaling 139,732 Square Feet

Shopping Center

Atlanta and Charlotte, N.C. — Nuveen Real Estate has acquired two retail centers totaling 139,732 square feet in separate transactions. Roswell Wieuca in Atlanta was originally constructed in 1954 and comprises 73,370 square feet. The property is grocery-anchored and was… The post Nuveen Acquires Two Retail Centers Totaling 139,732 Square Feet appeared first on Shopping Center Business.

Shopping 105
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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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Companies add timeout days and respite rooms as employment perks

Retail Wire

Companies are giving workers more personal time and a break from stresses outside the workplace. “Mental health is the workplace crisis of our time,” said Lynee Luque, NerdWallet’s chief people officer. “We don’t feel that taking care of mental health is something that should just be lumped in with PTO or sick days.” NerdWallet recently began offering employees four paid self-care days a year in addition to its normal personal or sick days off.

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Costa Baristas trained by Royal butler ahead the King’s Coronation

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Ahead of His Majesty’s coronation in just a few weeks, Costa Coffee has been busy prepping its Baristas in a store just around the corner from Royal residences, to learn the proper etiquette required for service fit for a King.

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Federal agencies failed to respond to child labor alarms

Retail Wire

Many children have migrated to the U.S. in recent years, many on their own, and found themselves in the federal government’s custody. The government finds adults to sponsor the children to educate them and allow them to grow up safely. In some cases, however, sponsors have profited by putting children to work in dangerous jobs. The federal government has had opportunities to address the situation, but a lack of clarity on agency responsibility and other communication breakdowns has meant t

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Three years after acquiring it, Lululemon could sell Mirror: Bloomberg

Retail Dive

The home fitness maker has been a drag on the athletic retailer’s performance, and hardware sales disappointed in Q4.

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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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Lululemon is selling shirts made with plant-based nylon

Retail Wire

Lululemon has begun selling shirts made with nylon manufactured with raw materials from plants rather than petrochemicals. The shirts come from a partnership with Geno, which uses microorganisms to create plant-based nylon. The retailer’s new shirts are made from at least 50 percent of the plant-based nylon, 40 percent recycled polyester and three percent elastane (30 percent of which is made from plants).

ATS 100
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Threat Actors Exploiting SNMP Vulnerabilities in Cisco Routers

Cisco Retail

On April 18, 2023, the UK National Cyber Security Centre (NCSC) along with the United States FBI, NSA and CISA published a joint advisory describing how state-sponsored cyber actors were able to… Read more on Cisco Blogs

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The David’s Bridal bankruptcy is tied to changes in wedding attire

Retail Wire

David’s Bridal filed for Chapter 11 bankruptcy protection and the chain pointed to a shift in how brides dress for their weddings as a cause. “The demand for formal wedding dresses, bridesmaid dresses, and related accessories has decreased substantially in the current environment,” the company said in its bankruptcy filing.

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Men’s Wearhouse introduces digital concierge service for grooms

Retail Dive

Wedding Wingman gives couples guidance with selecting their ideal wedding attire, and was developed in response to customer feedback.

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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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Retailers hedge their bets with layoffs

Retail Wire

Some recent layoffs at chains including Best Buy and Walmart indicate that these businesses are no longer riding the wave that buoyed them through much of the pandemic. Shannon Seery, an economist with Wells Fargo, said there are “retailers that benefited from the work-from-home economy and the stay-at-home economy. I think we’ve seen a transition away from that.

ATS 100
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Prohibiting Imports of Goods Made With Forced Labor

LS Retail

©iStock/Stephen Barnes I [Laurel Delaney] talked about child labor laws and compliance in a January, 2023 wegginar® for Women Entrepreneurs Grow Global®, which you can find here. Now, according to Sandler, Travis and Rosenberg, P.A., U.S. Customs and Border Protection is being urged to take specific actions to ensure that its forced labor enforcement efforts don’t result in supply chain disruptions.

ATS 81
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David’s Bridal is prepared to liquidate if it can’t find a buyer

Retail Dive

Even if the retailer does stay in business under new ownership, it’s likely to shrink its fleet of nearly 300 stores.

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How Technology Innovation is Upending the Finance Industry

Cisco Retail

In some respects, the finance industry may not seem like a prime candidate for technological innovation. After all, banks have been around for thousands of years.

Finance 84
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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