Thu.Oct 06, 2022

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Walmart Acquires Robotics Company to Boost Next-Gen Fulfillment Capabilities

Retail TouchPoints

Walmart has entered an agreement to acquire Alert Innovation , a robotics automation company that develops material-handling technology for automating order fulfillment in retail supply chains. Walmart has been working with Alert to customize technology for its market fulfillment centers (MFCs) since 2016. Now, the retailer plans to increase its investment in the technology in order to leverage its 4,700 stores, which put the retailer within 10 miles of 90 % of the U.S. population, for storage a

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Australian Halloween sales likely to top $430 million, says ARA

Inside Retail

One quarter of Australians will celebrate Halloween this year, with expenditure expected to hit $430 million, according to research commissioned by the Australian Retailers Association (ARA). The study was conducted in collaboration with ARA and Roy Morgan, an independent Melbourne-based social and political market research firm. According to the survey, Australians expect to spend an average of $86 per person this Halloween.

Marketing 246
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Why Data Will Drive the Future of Inventory Management

Retail TouchPoints

While COVID-19 slowed the world down to a standstill, it greatly accelerated the growth of online shopping. In particular, lockdowns pushed demand for online groceries into new territory. The Adobe Digital Economy Index details how monthly spend in this category more than doubled, rising from $3.1 billion pre-pandemic to $6.7 billion a month post-COVID.

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Chadstone Shopping Centre to add fresh food precinct and office tower

Inside Retail

Just weeks after confirming a new entertainment zone and dining area, Melbourne’s Chadstone Shopping Centre has now revealed plans to add a fresh food precinct and office tower as part of another $485 million development project. A 26,500sqm food court dubbed The Market Pavillion will be built to accommodate 50 market retailers offering a range of services from everyday essentials to artisan produce and specialised buys.

Shopping 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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WSJ: Peloton to Cut 500 Jobs as CEO Attempts a Rescue

Retail TouchPoints

Peloton will eliminate 500 jobs in its latest round of layoffs, which began in February 2022 with cuts of 2,800 positions. While the layoffs will be felt companywide, they will heavily impact the marketing department. In an interview with the Wall Street Journal , Peloton CEO Barry McCarthy noted that this recent elimination of approximately 12% of the company’s workforce, after cutting nearly 1,300 jobs since July, is the “final significant move” to salvage the business.

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Cara Loves Karl pop-up of the future

Retail Focus

The fashion house of KARL LAGERFELD and model Cara Delevingne come together to launch CARA LOVES KARL: a futuristic, inclusive, gender-neutral collection and retail campaign which launched worldwide on September 8th, 2022. . StudioXAG were approached to imagine the collection’s pop-up of the future that would offer an immersive, innovative, fun and shareable experience.

Fashion 195

More Trending

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New Korean beauty retailer secures Angel Central for second pop-up

Retail Focus

CBRE Investment Management has announced TONIC15 , the Korean beauty destination, has opened its second pop-up within Angel Central following success earlier in the year. With K-Beauty significantly rising in popularity, TONIC15 has chosen Angel Central to host a dedicated space as the retailer strives to continue to capture the attention of beauty-conscious consumers.

Location 182
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Cloud4Wi Helps Retailers Deliver Personalized ‘Real-Time Moments’ In-Store

Retail TouchPoints

The Cloud4Wi platform is designed to help retailers leverage their WiFi network and mobile apps to engage customers with location-aware experiences. The software uses enterprise-grade location services technology, enabling retailers to monitor how consenting customers behave in-store so they can be targeted with highly relevant and timely offers. The platform can notify existing customers that pass by the store with relevant offers in carefully crafted “real-time moments” that are designed to bu

Location 248
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Molton Brown launch immersive Regent Street sanctuary

Retail Focus

British fragrance maker Molton Brown has transformed their flagship store on London’s landmark Regent Street. The interactive store has a strong focus on the customer experience and has sustainability at its heart, with exclusive products and services, Regent Street has always been the pinnacle of the Molton Brown experience. Leading design agency, Dalziel & Pow created an interactive store environment that celebrates their roots and reframes them for our times.

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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

Among its multiple impacts, COVID-19 accelerated an elongation of the holiday shopping season that was already underway. Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that). But despite the rush, retailers still have multiple opportunities to maximize both in-store sales and online conversions.

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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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Mismatch in values with employers contributing to employee exodus

Inside Retail

New research from Qualtrics reveals that 40 per cent of respondents from Australia and New Zealand are considering leaving their current employer because they do not exemplify the values they hold, while 62 per cent have said that they will not join a company that does not align with their values. The research found that more than half of the 1605 respondents said they would look to leave their employer if the company did not meaningfully prioritise work-life balance (56 per cent) or well-being

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NLRB says Apple violated labor laws trying to thwart union organizing

Retail Wire

The National Labor Relations Board has issued a complaint against Apple, claiming that the company violated labor laws by surveilling and interrogating its associates and forcing them to attend anti-union presentations. Apple said that it disagreed with the NLRB’s findings and looked “forward to presenting the facts.”.

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German toy brand Haba just opened its first store in China. Here’s why

Inside Retail

Haba, a brand of the Haba Family Group in Germany, recently opened an exclusive toy store at the new Mixcate Center in the Luohu district in Shenzhen, China. Apart from the United States, the foray into the Chinese market is the first time the brand has gone overseas. Designed in bright, inviting colours and equipped with specially developed, high-end wooden furniture, seating options and a play area, users can browse a wide range of products, try them out and experience the new brand environmen

Marketing 130
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Inflation not expected to dampen Halloween plans or spending

Retail Wire

Sixty-nine percent of Americans plan to celebrate Halloween this year, up from 65 percent in 2021, according to the National Retail Federation. That will translate into $10.6 billion being spent on the holiday, up from $10.1 billion last year.

Planning 130
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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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Leisure sector to play a pivotal role with the second edition of LeisurUp hosted by MAPIC

Retail Focus

Hundreds of the most exciting and innovative leisure concepts shaping the industry globally will attend this year’s LeisurUp – the home of the leisure industry community – hosted by MAPIC. LeisurUp features a complete programme including an exhibition area and conference sessions. It is held in a dedicated 3,000 sqm exhibition area at the heart of MAPIC in Cannes, at the world-renowned Palais des Festivals, and will host over 50 industry exhibitors and 200 leisure operators.

Consumer 130
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Amazon seeks to hire 150K seasonal workers

Retail Wire

Amazon.com said it plans to hire 150,000 seasonal workers to help meet shipping demand during the Christmas selling season. The retail and technology giant is taking this step after choosing to close, delay opening or abandon warehouses around the country as sales have slowed due to inflationary pressures.

Shipping 130
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Velocity Ventures invests in Hyper to launch an unmanned pizza kitchen

Inside Retail

Singapore-based capital firm Velocity Ventures has invested in Hyper Food Robotics to roll out autonomous? robotic ?pizza kitchens next year. One unmanned pizza kitchen will have the capacity to produce about 120 pizzas per hour – three times more efficiently than a human-staffed kitchen – and ensure consistency in food quality and safety standards through AI technology, the company said.

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REI gives employees Black Friday off forever with pay

Retail Wire

REI has closed on Black Friday for seven consecutive years. There won’t be any reason to keep count after 2022. The outdoors product retailer said that it will close every year on the day following Thanksgiving. The day is a corporate paid day off for REI employees.

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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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Impact of Inflation Still Worrying Small Businesses

Small Biz Trends

The impact of inflation is highlighted in a new global report by Meta, the parent company of Facebook. According to the report, inflation and rising costs of inputs are emerging challenges for most Small and Medium-sized Businesses (SMBs). The analysis of SMBs in 30 nations found that inflation was a major concern for SMBs particularly those involved in export.

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Peloton is cutting another 500 jobs

Retail Wire

Peloton is eliminating another 500 jobs after multiple rounds of layoffs earlier in the year. The fitness equipment company’s CEO Barry McCarthy said that “restructuring is done” with the latest round of cuts so that Peloton can remain “focused on growth.” The company recently announced deals with Amazon.com and Hilton Hotels to drive sales and broaden its reach with consumers.

Consumer 100
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Bradford leads the way with Night Out Gift Card

A1 Retail

The city of culture will use its local gift card to ‘ignite the night time economy’ and encourage people to experience Bradford after 5. Bradford in West Yorkshire is building on the success of the Bradford City Centre Gift Card, and the Bradford at Night Scheme, with a new initiative to drive footfall to the night time economy. The Bradford Night Out Gift Card is an extension of the Bradford City Centre Gift Card, featuring a new gift card holder and web page to showcase the variety of the nigh

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Alcoholic beverages may need to reveal drink ingredients

Retail Wire

The Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau is considering changes to the way that manufacturers label their alcoholic beverages, including requiring a list of ingredients and allergens. The Beer Institute said 95 percent of the beers sold by its members already disclose disclosing calorie, nutrition, ingredients and serving information.

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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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Senate Passes Small Business Cyber Training Act

Small Biz Trends

The Senate has passed six bills which aim to improve the U.S. Small Business Administration (SBA) and investment in small businesses, including one aimed at improving access to broadband internet. Senate Passes Small Business Cyber Training Act. The Small Business Broadband and Emerging Technology Enhancement Act was introduced by Senators Jeanne Shaheen and John Kennedy and will equip the SBA with the leadership and resources the organization needs to help small businesses access broadband inte

ATS 98
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McD’s workers say customers are ‘going crazy’ over adult happy meals

Retail Wire

Consumers are flocking to McDonald’s to get their new adult Happy Meals and some members of the fast food giant’s frontline are started to crack under the pressure. “We ran out of boxes the first day we had them, ran out of toys the second, and on the third day we had to say the truck doesn’t come till tomorrow,” wrote one worker on the subreddit.

Consumer 100
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Creative Retail Awards crown the very best in worldwide design and display for 2022

A1 Retail

As physical retail evolves, design and experience have become more powerful tools than ever. The Creative Retail Awards have recognised the very best in retail, leisure, and hospitality design & display since 2018. With categories including sustainability, omni-channel, technology, VM schemes, POP/POS, shopfitting, store design, experience, and innovation, the Awards recognise talent across the full spectrum of the industry.

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Seven Ways to Increase Your Team’s Job Satisfaction

Theatro

Maintaining high job satisfaction levels across frontline teams can be a significant challenge. Yet, it is increasingly important given the findings from a McKinsey report that revealed that one out of five people in the United States works in the retail and hospitality sector, and at least half of frontline retail workers are thinking about quitting.

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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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Gopuff launches health and wellness private label line, links with Grubhub

Retail Dive

The private brand includes allergy medications and at-home test kits, while the new partnership makes convenience items available on the Grubhub Marketplace.

ATS 87
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New Report Shows Cyberattacks are Increasing

Independent Retailer

The report unveiled an 11 percent increase in global malware, a 77 percent spike in IoT malware, a 132 percent rise in encrypted threats, and a geographically-driven shift in ransomware volume. “With so much turmoil in the geopolitical landscape, cybercrime is increasingly becoming more sophisticated and varying in the threats, tools, targets and locations.

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Peloton cuts 500 jobs after losing ‘more than $100M on retail’ last year

Retail Dive

Following a slew of poor earnings results, CEO Barry McCarthy is focused on reaching break-even cash flow by the end of the year.

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Registration opens for ISE 2023

365 Retail

Following a successful show earlier this year, registration is now open for Integrated Systems Europe (ISE 2023). The show will be a launchpad for a wealth of new technology, offer a thought-provoking conference programme, and will feature headline keynote sessions throughout the week. What’s more, with just under four months until opening day, ISE 2023 already has over 52,000 sqm of space booked, over 30% more than the exhibitor space in 2022.

Returns 72
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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.