Fri.Jan 13, 2023

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Albertsons Deploys Fresh Food Predictive Ordering Solution Chainwide

Retail TouchPoints

Albertsons has completed its rollout of an inventory management platform specifically designed for the rapidly changing nature of fresh products, deploying the solution across its more than 2,000 supermarkets in just seven months’ time. The Afresh Technologies predictive ordering platform will power forecasting, inventory and store operations, providing department managers with easy-to-use ordering tools that leverage real-time insights.

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Chemist Warehouse launches online health scanning service

Inside Retail

Chemist Warehouse has introduced a digital health and wellbeing scanner, which enables users to measure physiological indications using their smart phone cameras. The Chemist Warehouse health and wellbeing scanner, founded and developed by exercise physiologist Nicholas Harris, who is CEO and founder of HPE (Human Performance Engineering), allows camera sensors, including a smartphone camera, to remotely measure physiological signs using proprietary AI and generate predictive insight.

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Holiday 2022 Recap: Promotions, BOPIS Drove Late-Season Engagement as Overall Growth Slowed

Retail TouchPoints

The 2022 holiday season showed slow, but steady, improvement for the retail industry. As economic headwinds curbed spending capacity, online retail grew in the U.S. but at its lowest rate in years: up 3.5% to $211.7 billion, according to Adobe Analytics. Global digital sales topped $1.1 trillion for the season, while sales in the U.S. hit $270 billion , according to Salesforce.

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First-time exhibitors flock to ISE 2023

Retail Focus

ISE 2023 show is set to welcome more than 900 exhibitors, including around 120 first-time exhibitors who will take up 3,630sqm of floorspace at the Fira. Those making their debuts in Barcelona will bring innovative products and solutions from across the pro AV and systems integration landscape, from smart home automation and communication and collaboration tools to transparent displays, e-paper signage and audio innovations.

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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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Morphe Parent Company Files for Bankruptcy in Preparation for Sale

Retail TouchPoints

Beauty brand Morphe ’s parent company FORMA Brands has initiated voluntary Chapter 11 proceedings in order to facilitate the sale of its assets for $33 million. The sale is part of an agreement that FORMA’s parent company, FB Debt Financing Guarantor, reached with an entity controlled by the agent under FORMA Brands’ existing secured debt. These lenders include Jefferies Finance and funds managed by Cerberus Capital Management and FB Intermediate Holdings.

Wholesale 289
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Coles unveils next-generation store at Southland 

Inside Retail

Coles has opened its new-look, next-generation Southland store, which boasts a range of high-tech and environmental features designed to make food shopping more convenient. As part of Coles’ commitment to sustainability, consumers in Southland will be able to bring their own containers to scoop and weigh at the deli, frozen fruit, fruit and veg bar, and pet treat bar.

ATS 147

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EuroShop 2023 – Retail Technology Stage and Connected Retail Stage: IT trends, innovations and hands-on tips

Retail Focus

At EuroShop 2023 from 26 February to 2 March in Düsseldorf, the Dimension Retail Technology will see leading international retail IT providers present their latest, tailor-made products and solutions while the Retail Technology Stage as well as the Connected Retail Stage will feature extensive lecture series on all five days. In brief talks, current practical examples will be presented as well as projects and trends revolving around IT.

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Lululemon Deploys RFID Solution Chainwide to Unlock Real-Time Inventory Data

Retail TouchPoints

Lululemon is in the process of rolling out a cloud-based RFID inventory management solution to its 600+ stores globally that will help the retailer optimize its in-store product assortments. The Nedap iD Cloud already has been deployed in lululemon’s nearly 400 North American stores, with plans to expand it to stores in Europe, the Middle East, Africa and Asia-Pacific in early 2023.

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Rent the Runway to sell its secondhand clothes on Amazon

Retail Wire

Rent the Runway plans to offer hundreds of its “pre-loved” clothing for sale on Amazon.com. Jennifer Hyman, CEO of Rent the Runway, said that the company’s relationship with Amazon could be a “key engine” for sales and profit growth.

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Rent the Runway Turns to Amazon as Turnaround Efforts Continue

Retail TouchPoints

As it completes its restructuring and moves forward on the path to profitability, rental subscription service Rent the Runway has opened a storefront on Amazon where it will sell both pre-worn and new apparel. Rent the Runway’s new branded Amazon Fashion storefront features hundreds of pre-worn styles from 35 brands. The company also plans to roll out an exclusive selection of new merchandise from its Design Collective, which features collaborations with top designers for limited-edition collect

Fashion 288
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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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Microsoft made an early bet on ChatGPT

Retail Wire

In 2019, Microsoft made a $1 billion investment in OpenAI, the company that developed ChatGPT. The technology giant has invested another $2 billion to help build the chatbot that answers questions, writes documents and offers responses on topics put to it.

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Fruittella enters the jelly market with Curiosities

Talking Retail

Fruittella is expanding into the jellies market with its newest innovation – Fruittella Curiosities. Available now, Curiosities have a recommended retail price of £1.50 per 110g bag. The HFSS-compliant sweets are made with 30% less sugar, real fruit juice and natural colourings and flavours. Curiosities come in two contrasting themed packs: By the Sea, which carries.

Marketing 122
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Apple CEO Tim Cook asks tech giant to cut his pay

Retail Wire

Apple CEO Tim Cook recommended to the company’s board of directors that his salary be cut by $35 million to $49 million. Mr. Cook will likely earn more than $49 million this year with stock awards and bonuses.

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Swiss brand On is profitable and growing. It also has a deep wholesale presence.

Retail Dive

Co-CEOs Marc Maurer and Martin Hoffmann talk through the brand’s approach to scale, new store openings and why wholesale works.

Wholesale 133
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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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Popeyes meme kid grows up and signs NIL deal with chicken chain

Retail Wire

Dieunerst Collin was a young kid when he was recorded by a customer in a case of mistaken identity. The side-eye the young man gave the man who was recording him became a viral meme that has been tied to Popeyes ever since. Mr. Collin grew up and became an offensive lineman at Lake Erie College. He’s now signed a NIL deal with Popeyes.

ATS 100
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Forma Brands to be Bought by Secured Lenders

VMS

Forma Brands, LLC (Los Angeles), a “builder of beauty brands” and parent company of Morphe, has unveiled plans to be acquired by its secured lenders and file for Chapter 11 bankruptcy. Those moves come a week after Morphe shuttered its stores in the U.S. The proposed deal with its lenders “is expected to significantly strengthen Forma Brands’ financial position and provide additional support for the execution of its long-term growth strategy, which will focus largely on the com

Finance 95
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Subway exploring potential sale

Retail Wire

Subway is considering a sale of the company that could result in a deal topping $10 billion. The sandwich chain said it would not comment on rumors and that it was “focused on moving the brand forward with our transformational journey to help our franchisees be successful and profitable.”.

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Getting Good at Digital Growth 

Mulesoft

Finger on the Pulse is a series where we explore the major trends shaping business technology. In each post, you’ll learn from our key partners and their perspective on an industry trend through the lens of their unique business. Recently, we explored how to build business agility with smart integration. In this interview, the focus […]. The post Getting Good at Digital Growth first appeared on MuleSoft Blog.

ATS 92
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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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Adidas loses lawsuit over luxury designer’s use of stripes

Retail Wire

Adidas failed to convince an eight-person jury in New York that Thom Brown infringed on its trademark when the luxury designer used four stripes in its designs. Adidas, which is known for its three-stripe sneakers, said that the Thom Browne designs were similar to its own.

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Krystal Restaurants Unveils New Prototype

VMS

Krystal Restaurants LLC (Atlanta) has unveiled a new, smaller prototype in Center Point, Ala. The 1700-square-foot walk-up/drive-through destination is the company’s first store opening in more than 6 years, and signals the start of a new growth push by the brand. While a traditional Krystal has 2700 square feet, the prototype has 20 percent less kitchen space, which makes it both cost efficient and operationally strategic, the chain says.

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Carbon dioxide removal startup lists Microsoft and Shopify as customers

Retail Wire

Climeworks AG has developed technology that pulls carbon dioxide out of the air and stores it in the ground in a similar fashion to trees. The company said it has figured out how to scale its technology in a meaningful way. “We hope we are growing from a teenager to a grown-up in this industry,” said Christoph Gebald, co-CEO of Climeworks. The company claims Microsoft, Shopify and Stripe Inc. as customers.

Fashion 100
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VMSD: Call for Competition Submissions

VMS

VMSD has officially opened the submission forms for its annual Designer Dozen awards, Retail Design Firm Resource Guide/Top Firms ranking, International Visual Competition and Renovation Competition. To learn more or submit your materials, please visit vmsd.com/submit-your-competition-entry today! Designer Dozen. Do you know someone making a difference in your organization, age 35 or under?

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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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Walmart ending single-use plastic bags to get out in front of state laws

Retail Wire

Walmart has eliminated single-use plastic bags at its stores in Connecticut, Colorado and New York. The retailer is attempting to get ahead of state laws that would require the chain to end its use of single-use plastic bags and to help achieve its goal of becoming a zero-waste company in the U.S. by 2025.

ATS 100
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Trian Will Not Seek Deal with Wendy’s, Company Shuffles C-Suite

VMS

Nelson Peltz has officially confirmed that Trian Fund Management (New York) isn’t interested in acquiring Dublin, Ohio-based Wendy’s. This past May, the activist firm, which Peltz founded and serves as a chief executive, said it was exploring a potential deal with Wendy’s that could include a merger or acquisition, reports CNBC. Peltz said in a statement Friday, “Trian believes the company is well-positioned to deliver significant long-term value for shareholders and looks forward to continuing

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Nordstrom’s longtime chief merchant to retire

Retail Dive

Teri Bariquit spent nearly 40 years at the retailer and is credited with dragging its merchandising operations into the 21st century.

ATS 107
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Gensler Hires Walt Disney’s Former Head of Imagineering

VMS

Bob Weis, who served as Walt Disney’s Head of Imagineering for 30-plus years, is joining Gensler as its Global Immersive Experience Design Leader. In his new role, Weis will collaborate with the firm’s leaders on projects spanning 29 practice areas, Gensler said in a press release. During his time at Disney, Weis led more than 200 projects around the world valued at more than $30 billion.

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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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Inflation moderated in December, giving retailers some hope

Retail Dive

The holidays led many consumers to buy more discretionary items, but they’re likely going to remain careful about their spending this year.

Consumer 105
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How to Understand and Mitigate Risk for Your Go-Live! Events

Mulesoft

All your systems are on “the hairy edge of failure,” as noted by Dr. Richard Cook, an expert on how systems fail. Cook helped development and operations teams understand the complex nature of interconnected systems and how to prevent failures and outages from occurring. In his 2013 talk at Velocity, Cook went deep into the […]. The post How to Understand and Mitigate Risk for Your Go-Live!

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Tango adds ‘bold’ sugar-free flavour

Talking Retail

The latest Tango flavour, Paradise Punch, is set to hit the shelves this February. The fruit-flavoured carbonate drink combines orange, mango and tropical flavours in a sugar-free “zingy” blend. Tango Paradise Punch will be available in a variety of formats, including a 330ml can and 500ml, 1.5-litre and two-litre bottles. The launch will be supported.

ATS 72
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Lowe’s in-houses retail media operations in efficiency play

Retail Dive

The move serves as a potentially worrying sign to agencies that have invested heavily in marketing services related to the red-hot category.

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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.