Thu.Oct 15, 2020

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NRF Foundation Adds Two Credentials to Enhance COVID-19 Safety

Retail TouchPoints

The NRF Foundation has launched two new credentials in its RISE Up program in response to the coronavirus pandemic: COVID-19 Retail Operations and COVID-19 Customer Conflict Prevention. The credentials focus on developing skills to ensure associates and shoppers remain safe in-store, with the overall goal of keeping the economy open. The new training modules seek to streamline best practices from retailers and the Centers for Disease Control and Prevention (CDC) to create a more comprehensive tr

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Atelier L2 creates modular wooden interiors for Ateliers des Capucins

Dezeen

Rennes studio Atelier L2 has installed 20 wooden boxes as modular units for shops, exhibitions and hospitality businesses inside Ateliers des Capucins, a covered square in a 19th-century arsenal in Brest, France. The Ateliers des Capucins has been shortlisted for a Dezeen Awards 2020 in the large workspace interior category. The studio's brief was to design a number of shells in order to create an interior street with two floors inside the historical arsenal building, covering 5,000 square metre

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Macy’s Names Permanent CFO

Retail TouchPoints

Macy’s has appointed Adrian Mitchell as its new CFO, effective Nov. 2. Mitchell will take on responsibility for leading all finance functions and will report to Macy’s Inc. Chairman and CEO Jeff Gennette. Felicia Williams, who has served as interim CFO since June 2020, will join CEO Action for Diversity & Inclusion as a Macy’s Inc. Fellow. This group brings together more than 1,300 CEOs and presidents of America’s leading businesses, academic institutions and nonprofits representing more tha

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4 Ways to Elevate In-Store Promotions

RepslyBlog

In today’s world of retail, CPG companies spend on average up to nearly one-third of its revenue on trade promotions, and for good reason – it’s an easy and great differentiator to set themselves apart from competing brands. A ccording to the PwC, w hen executed properly promotions can add 10-15 percent to the bottom line. But without mastering the art of promotions, it can certainly come with a heavy cost.

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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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Bed Bath & Beyond to Sell Several Non-Core Assets

Retail TouchPoints

Bed Bath & Beyond has entered into separate agreements to sell its Christmas Tree Shops retail banner, its institutional Linen Holdings business and a distribution center located in Florence, N.J. The company expects to generate a total of approximately $250 million in aggregate from the monetization of these assets as it continues to optimize its portfolio, potentially including the sale of additional non-core assets, as it seeks to further increase its financial strength and enhance share

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Q&A: How ABC Fine Wine & Spirits Managed A 2,000% Spike in Ecommerce Demand

Retail TouchPoints

The closure of bars and restaurants at the start of the COVID-19 pandemic meant demand at alcoholic beverage merchants, which were designated as essential retailers, spiked just as hard as it did for grocery retailers. These retailers also had to contend with a similarly sudden shift toward ecommerce — which in the case of ABC Fine Wine and Spirits meant a 2,000% YoY increase between early spring and mid-summer.

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PetSmart Canada Partners with DoorDash to Offer Same-Day Delivery

Retail TouchPoints

PetSmart Canada is now offering on-demand, same-day delivery service powered through the DoorDash Drive fulfillment platform. Shoppers can place their orders for contactless same-day delivery on PetSmart.ca or via the PetSmart mobile app. “We’re here to provide Canadian pet parents with the essential products they need, so they can shop with us safely, securely and in a way that fits their lifestyle,” said Alan Blundell, President of PetSmart Canada in a statement. “The

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Retail x Fintech: The Importance of Security in Retail’s Adoption of BOPIS and Payment Installment Plans

Retail TouchPoints

Over the past several months, retailers have experienced challenges and changes they thought they would never see in 2020. Even before the pandemic completely upended the world economy, how consumers shopped had been changing — and mobile devices were at the forefront of that change. Mobile devices have become powerful payment instruments, on the way to replacing traditional cards for in-store purchases in many markets around the globe.