Retail Focus

AUGUST 12, 2022

Dalziel & Pow have partnered with HUGO BOSS to redefine and design their new BOSS store concept and experience, which has just launched on Oxford Street, London. The purpose of the new concept is to redefine and create the new BOSS store experience, one that inspires customers to find their style confidence and #BeYourOwnBOSS. This concept reflects the brand’s new creative direction, aimed at the millennial shopper, better telling the brand’s stories and inspiring more ways to connect and we

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Customer Experience ATS Fashion 324

Retail TouchPoints

AUGUST 12, 2022

The Kantar-NRF U.S. 2022 Hot 25 Retailers list — which identifies the brands that boosted their domestic sales by the highest percentages in 2021 compared to 2020 —exemplify three strong COVID-era trends: do-it-yourselfism, consumer preferences for more casual and value-priced apparel and increased alcohol consumption. Topping the list is Harbor Freight Tools , which clocked 93.4% growth — a beneficiary of homebound consumers’ desire to upgrade and renovate their abodes.

Apparel 246

Apparel Shipping Consumer ATS 246

Retail Focus

AUGUST 12, 2022

The steele. HOUSE flagship store is a physical manifestation of all that the fashion brand embodies. From the tactility of finishes that ignite the senses, to the saturation of natural light that makes for a dreamy retail atmosphere. The boutique is the first of its kind, bringing the primarily online retail company steele into the physical realm, with help from interior design firm The Stylesmiths.

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ATS Boutique Point of Sale Fashion 290

Retail TouchPoints

AUGUST 12, 2022

Ace Hardware is on an expansion tear; the retailer just marked the opening of its 105 t h new store this year and said it expects to add at least 60 more by the end of 2022. The new locations join the more than 5,600 stores already in operation across all 50 states and 70 countries. To keep pace with this growth, Ace also is expanding its distribution network to house more inventory closer to its growing number of stores.

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Planning Store Operations Location ATS 246

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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.

Management

Retail Focus

AUGUST 12, 2022

Grosvenor has announced that designer retailer, Tessuti , has opened its new global flagship store at Liverpool ONE, demonstrating the brand’s ongoing vote of confidence in the destination. The new location on Paradise Street follows Tessuti’s consistently strong performance at Liverpool ONE and spans two floors measuring 22,000 sq ft. Boasting Tessuti’s biggest store to date, this is four times the size of the previous Liverpool ONE site. .

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ATS Fashion Location Management 278

Retail TouchPoints

AUGUST 12, 2022

Cannabis dispensary operator Planet 13 has adopted IDScan.net identification scanners for increased compliance and security. These are synced with the software provider’s AI-powered VeriScan Online Enterprise technology to accurately and quickly authenticate government-issued documents while also gathering important consumer data. The identification scanners are connected to each of Planet 13’s 16 check-in stations at its Las Vegas SuperStore.

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Location Planning Consumer Shopping 245

Retail TouchPoints

AUGUST 12, 2022

While many businesses consider reducing marketing budgets as recession fears loom, user-generated content (UGC) is becoming more appealing to brands and retailers across a broad spectrum of industries. Online brands looking to cut CAC (customer acquisition costs) and content production costs are recognizing customer content has stepped up as the less expensive third-party proof consumers want.

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Consumer Marketing Advertising Promotions 245

Retail Wire

AUGUST 12, 2022

The U.S. Postal Service is putting through a temporary price hike to help cover additional handling costs throughout the Christmas holiday selling season. The USPS said that this year’s increases are similar to ones it has instituted in the past.

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Retail TouchPoints

AUGUST 12, 2022

Sears Holdings and its creditors have reached a $175 million settlement agreement with former CEO Eddie Lampert and other investors that will clear the way for the retailer to execute its long-delayed bankruptcy plan. The litigation has been ongoing since 2019, when Sears accused Lampert and others of “asset stripping and ‘rank’ self-dealing.”. Lampert exited the CEO role when Sears entered bankruptcy in October 2018 and stepped down as Chairman in February 2019.

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Planning ATS Store Operations 242

Inside Retail

AUGUST 12, 2022

Following an extensive review, the Australian Competition & Consumer Commission (ACCC) says it will not oppose Woolworths’ proposed acquisition of MyDeal. The competition regulator concluded that both businesses are not “particularly close competitors” and will not substantially lessen competition in any of the relevant markets. “Following our review and feedback from market participants, we do not consider that Everyday Market from Woolworths is a significant competitor to MyDeal or other o

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Marketing Consumer 130

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.

Customer Experience

Retail TouchPoints

AUGUST 12, 2022

Weis Markets will streamline operations at its 198 stores through a partnership with Invafresh. The fresh grocery platform will assist with demand forecasting, in-store production planning, food traceability, recipe management and cut test management across all fresh departments. Interest in fresh food is on the rise, and while this has led to higher sales for grocers it also has increased labor costs.

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Store Operations Marketing Inventory Management Grocer 237

Intelligence Node

AUGUST 12, 2022

In this article, you will learn about competitor-based pricing and its pros and cons. You will understand its types and how it differs from alternative pricing strategies. The post A Retailer’s Guide to Competitor-based Pricing appeared first on Blog.

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Cisco Retail

AUGUST 12, 2022

Covid has accelerated adoption of modern collaboration services by the public sector. While the switch to cloud provides a variety of benefits for hybrid work, it also raises concerns about exposing sensitive information that can be included in documents, whiteboards, meeting recordings, rosters, and attendee information used in collaboration. Global governments, Defense, and critical national infrastructure entities, as well as other regulated organizations, need to protect the personally ident

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Loss Prevention Technical Support Management Accounting 141

Retail Wire

AUGUST 12, 2022

Prada is working with Goldman Sachs to get itself a valuation of $1 billion in adding a second listing in Milan next year. The company’s stock is also listed in Hong Kong.

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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.

Point of Sale

Cisco Retail

AUGUST 12, 2022

First, let me say how we take notes and what tools we use are admittedly a personal preference and decision. Hopefully, we are doing it, however! Most of us are creatures of habit and comfort – we want it simple and effective. When we put that developer hat on as part of our DevOps/SRE or AppDev roles it’s optimal when we can combine our code development environment, or IDE, with a tool that we take notes in.

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Markdowns Management Consumer 117

Retail Wire

AUGUST 12, 2022

The Internal Revenue Service has raised the tax deduction that teachers can get from buying supplies for their classrooms to $300, up from $250. The increase marks the first time that has happened in 20 years. Ninety-four percent of teachers spend their own money buying supplies for their students to use.

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Small Biz Trends

AUGUST 12, 2022

With inflation at record levels, purchasing costs are a huge issue for small businesses as they replenish their inventory. From food to manufacturing supplies, the high cost is affecting small business owners across the country. Cost is just one issue businesses have to contend with in this economy, that is why grants offer some relief. Public and private organizations are regularly offering grants to help combat these challenges.

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Payment Services Returns Marketing Location 98

Retail Wire

AUGUST 12, 2022

Stitch Fix gained subscribers and sales in the years that proceeded the pandemic. Since then it has lost subscribers and struggled to achieve profitability. The company generates a high percentage of its sales from first-time customers, many of whom do not continue with the subscription box service long-term.

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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

Management

Small Biz Trends

AUGUST 12, 2022

The U.S. Small Business Administration’s Disaster Field Operations Center-West has announced that they have approved more than $5 million in federal disaster loans for Texas businesses and residents impacted by severe storms and tornadoes in Texas. $5 Million in EIDL Loans to Texas Businesses After March Tornadoes. The storms and tornadoes occurred around Bastrop, Grayson, Houston, Jack, Montague, Nacogdoches, Upshur and Williamson counties on March 21, causing considerable damage to resid

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Operating Expenses Accounting ATS 98

Retail Wire

AUGUST 12, 2022

Walgreens is offering substantial signing bonuses in efforts to recruit new pharmacists for the drugstore chain’s stores. The average bonus is below $50,000, although they run as high as $75,000 in individual cases. “This is one of many steps to address pharmacy staffing in some areas, in order to best meet the needs of our customers and patients,” Walgreens said in a statement.

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Indigo 9 Digital

AUGUST 12, 2022

By Tricia McKinnon There aren’t many companies that have been discussed more over the past two years than GameStop. The video game retailer became a social media obsession when a group of day traders bid GameStock’s price up early last year trying to make a profit while sticking it to short sellers who were betting GameStock’s stock price would fall.

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Fulfillment Shipping Marketing Planning 98

Retail Wire

AUGUST 12, 2022

An Albertsons in Boise doesn’t have one traditional checkout on the premises. Customers, instead, have the option of different self-checkout options. Associates are on hand to help them out should problems arise. “We are transitioning our traditional lanes to assisted checkout lanes as part of a pilot program,” said Kathy Holland, a spokesperson for the grocer chain.

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Checkout Grocer Location Marketing 100

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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.

Independent Retailer

AUGUST 12, 2022

“Warehouse automation is the use of technology to perform repetitive processes and also to eliminate manual data entry, which will ultimately help companies manage their inventory more efficiently.” “A warehouse management system system can also be set up with routing all throughout the warehouse so that the employee can take the best route through the house and not have to go back and forth to different places.

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Fulfillment Management Location Returns 90

Retail Wire

AUGUST 12, 2022

Wegmans has reset stores in and around its headquarters in Rochester, NY. The changes have left some consumers confused, but the retailer’s friendly staff has been on hand to point them in the right direction.

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Consumer 100

Retail Dive

AUGUST 12, 2022

The iconic fashion brand will provide shopping credit for certain items returned to ThredUp. Meanwhile, prices in July were flat month to month.

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Fashion Returns Shopping 98

A1 Retail

AUGUST 12, 2022

Grosvenor has announced that designer retailer, Tessuti, has opened its new global flagship store at Liverpool ONE, demonstrating the brand’s ongoing vote of confidence in the destination. The new location on Paradise Street follows Tessuti’s consistently strong performance at Liverpool ONE and spans two floors measuring 22,000 sq ft. Boasting Tessuti’s biggest store to date, this is four times the size of the previous Liverpool ONE site.

ATS 83

ATS Fashion Location Management 83

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

Customer Experience

Retail Dive

AUGUST 12, 2022

The department store previously posted surges in sales and profits, but its weaker results weren’t just from tough comparisons, analysts say.

Apparel 95

Apparel Department Stores 95

Independent Retailer

AUGUST 12, 2022

Web3 is the version of the internet where you can not only read and write, but also own. As to what this could mean for your business, decentralization is at the heart of this evolution. Digital wallets are the key to web3 access, as they allow users to send and receive digital assets like cryptocurrencies and NFTs. In web3, your customers will decide what they want to do with their personal information.

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Marketing Consumer Management ATS 78

Retail Dive

AUGUST 12, 2022

The hardware retailer has opened 105 stores in 2022 so far, and will open three additional warehouses in the next five years.

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LS Retail

AUGUST 12, 2022

©iStock/Darren415 If Gross Domestic Product (GDP) is falling, then the economy is shrinking - bad news for businesses and workers. If GDP falls for two quarters in a row, that is known as a recession, which can mean pay freezes and lost jobs. GDP is one of the most important tools for looking at how well, or badly, an economy is doing. GDP can be measured in 3 ways Output, expenditure and income.

ATS 70

ATS 70

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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.

Planning