Fri.Nov 18, 2022

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Rite Aid in Delivery Deal with Grubhub; Uber Partnership Supports Delivery from 17,000 Neighborhood Stores

Retail TouchPoints

Deliveries from more than 2,000 Rite Aid stores in 16 states will be powered by the Grubhub Marketplace , making thousands of the retailer’s OTC, wellness products and snacks more accessible to consumers. Rite Aid items are now available on the Grubhub+ membership program, which offers no-fee deliveries on orders of $12 or more. Additionally, National Retail Solutions (NRS) , which provides point-of-sale and other store management solutions for more than 17,000 bodegas and neighborhood convenien

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Christmas retail sales tipped to top $60 billion

Inside Retail

Australian Christmas retail sales are predicted to exceed $60 billion, despite the impact of inflation and cost of living problems, according to research from the National Retailers Association (NRA). Covering the pre and post-Christmas shopping periods, that figure would represent a 3.9 per cent increase over last year. Quoting the organisation’s Consumer Sentiment Report, interim NRA CEO Lindsay Carroll said buyers are preparing for the holiday shopping season by modifying their spending

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Babylist Holiday Survey: Shoppers Seeking Both Value and Values in the Gifts They Buy

Retail TouchPoints

The holiday season is known as a season for giving and spending time with family. As more households open their doors and host gatherings for their immediate and extended family, they are returning to some old spending behaviors. But with new dynamics — such as new digital channels, inevitable delivery delays and the rise of purpose-driven buying — come new opportunities for brands and retailers to reach parents and family members buying for baby.

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Gap turns a Q3 profit and tamps down Q4 expectations

Retail Wire

Gap Inc. produced a one percent increase in same-store sales during the third quarter and adjusted earnings of 71 cents a share. The retailer warned that its fourth-quarter sales are likely to slow as inflation reduces consumers’ discretionary spending.

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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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How to Protect Against Rising Organized Retail Crime

Retail TouchPoints

Organized retail crime (ORC) is a growing concern for retailers of all sizes. Groups of professional thieves are systematically targeting retail establishments to steal easily resold merchandise such as pharmaceuticals, groceries, diapers and beauty supplies. The value of each hit is intentionally kept small enough to avoid attracting attention from law enforcement, but add it all up and the cost to the industry is enormous.

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Black Friday deals may still leave consumers strapped for cash

Retail Wire

Retailers are offering big discounts in the lead-up to Christmas on a wide variety of discretionary purchase items. That doesn’t mean that the items are cheap, however, as many are more expensive this year due to inflation.

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Groceries account for the biggest difference between Walmart and Target’s 3Q results

Retail Wire

Walmart outpaced expectations in the third quarter and Target did not. The difference comes down to each chain’s grocery business. Walmart generates 56 percent of its sales from groceries and Target about 20 percent.

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High-End Outerwear Brand Nobis Launches Resale Program

Retail TouchPoints

Canadian premium outerwear brand Nobis has launched a new peer-to-peer resale program, NEXT by Nobis , in partnership with Recurate. “Nobis has long been committed to creating durable, high-quality performance outerwear that will take our consumer from season to season and will stand the test of time,” said Robin Yates, Co-founder and VP of Nobis in a statement.

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Adidas creates ‘Virtual Gear’ product category as it preps for metaverse future

Retail Dive

The athletics brand also released its first collection of NFT wearables as it accelerates a “community-based, member-first, open metaverse strategy.

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Zara faces a strike in its hometown

Retail Wire

The fast-fashion giant Zara is next facing a two-day strike planned for next week that will include Black Friday. A regional union, CIG, plans to have its members strike the chain’s 44 stores in its hometown of A Coruna, Spain.

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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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In the News: $2,500 in Grants for Black-Owned Businesses

Small Biz Trends

Underserved small business communities have a much harder time when it comes to getting funding. Whether it is women or other minorities, this particular issue has created a big problem for these communities. This has resulted in local, state, and federal governments as well as private organizations establishing grants to provide the funds. If you have a black-owned business in the service sector, you can apply for the Kinetic Business by Windstream Black Business Support Fund Grant.

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Krispy Kreme to pay $1.2 million for OT violations

Retail Wire

Krispy Kreme has agreed to pay nearly $1.2 million in back wages and damages to 56 workers for failing to pay overtime. The doughnut chain disputes the case brought against it and said its decision to settle is not an admission of wrongdoing on its part.

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5 Types of Crowdfunding You Should Know About

Small Biz Trends

Crowdfunding campaigns have recently emerged as a way to secure funding for projects and businesses. A successful crowdfunding campaign can be incredibly useful as a way to gain investment for your business and attract customers. There are a few different types of crowdfunding that could be the right fit for business startups, and we’ll look at each one in more detail for this article.

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Twitter workers quit working for Elon Musk

Retail Wire

Elon Musk issued an ultimatum to Twitter workers demanding that they sign a pledge to work harder or leave their jobs. Hundreds are reported to have taken Mr. Musk’s offer of three months’ severance rather than continue working for him. Unverified reports claim that the combination of workers laid off or quitting has left the social media site with skeleton crews in many departments.

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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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Iceland recreates Netflix Blockbuster with a frozen turkey

A1 Retail

Iceland has unveiled a new film worthy of a Royal premiere. The Turkey Crown. A retelling of Netflix’s The Crown. Inspired by real life events – the current turkey shortage – Iceland has promised to guarantee a bird fit for royalty this Christmas, a move which is celebrated in the re-worked credits. Its mouth-watering visuals are set to music reminiscent of the opening of the Netflix series, transforming the humble festive turkey crown into a majestic feast – all without a scandal in

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Amazon’s layoffs will continue into 2023

Retail Wire

Amazon.com confirmed that it has begun laying off workers and that job cuts will continue into 2023. Andy Jassy, Amazon CEO, wrote in a letter to staff, “Our annual planning process extends into the new year, which means there will be more role reductions as leaders continue to make adjustments. Those decisions will be shared with impacted employees and organizations early in 2023.”.

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Get A 2023 Desk Calendar Today

Small Biz Trends

While it may seem like a trivial item, a desk calendar is an important part of your day! It’s often the first thing you see when you reach your desk and the last thing you see when you leave. A desk calendar not only keeps you aware of the date, but it is also often a place to write notes and ideas, keep appointments, and lots more. Desk calendars can also protect your desktop – they are an extra layer that can prevent liquid from seeping onto the desk surface.

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Crocs try a completely new design

Retail Wire

Crocs is releasing a new clog styled by sneaker designer Salehe Bembury. It marks the first time that the brand has released a shoe that is not in its classic clog mold.

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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.

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Perron-Roettinger clads Kim Kardashian SKKN pop-up store in raw plaster and cement

Dezeen

Design studio Perron-Roettinger has created a pop-up shop for Kim Kardashian 's skincare and homeware brand SKKN in Los Angeles that showcases its products in a physical space for the first time. The minimalist pop-up store, which is located inside Los Angeles shopping mall Westfield Century City, was designed using a limited material palette in a nod to the brand's pared-back design.

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The Weekly Closeout: Snoop Dogg launches pet brand as athletics retailers jump into virtual goods

Retail Dive

"If my dogs ain't fresh I ain't fresh,” the artist said of his latest business. Meanwhile, Nike and Adidas made major metaverse moves.

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Target Loses $400 Million in Profit, Points to Organized Theft

VMS

Target (Minneapolis) has lost $400 million in profit this year due to inventory shrink, a figure that could balloon to $600 million by the end of the fiscal year, the retailer said during its third quarter earnings call. The company cited organized shoplifting as a significant driver of those losses. Target said it’s responding by making investments in staff training and implementing new anti-theft measures, though it didn’t elaborate on those initiatives. “It’s obviously not s

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Gap Inc. recovers in Q3 despite Yeezy debacle and heavy discounting

Retail Dive

The apparel retailer swung to a profit, and, in a surprise, its once-dormant Banana Republic label led the way.

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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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Obituary: Tony Camilletti of Federal Heath

VMS

Anthony “Tony” M. Camilletti passed away unexpectedly Nov. 14, 2022, age 66. Tony was most recently the National Account Executive for signage firm Federal Heath based in Michigan. Tony also held positions at H2G, D|Fab (where he was employed for roughly 15 years) and JGA (for roughly 18 years). A visitation and memorial service (11 a.m. and 2 p.m.

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Amazon CEO signals more layoffs to come in 2023

Retail Dive

After announcing job cuts this week, Andy Jassy said the company would eliminate more roles, including in its team devoted to stores.

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Celeb Chef Opens Sixth Restaurant in Sin City with Caesars

VMS

Multi-Michelin-starred chef and TV personality Gordon Ramsay continues to make his mark in Las Vegas by opening his sixth restaurant there with Caesars Entertainment. Located in Caesars’ Harrah Las Vegas is the 244-seat Ramsay’s Kitchen, a concept inspired by his travels abroad. “I can’t wait to introduce one of my newer restaurant concepts and the first of its kind on the West Coast to Harrah’s guests,” Ramsay said in a news release. “The menu features some o

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Google enhances AR search tools to help harried holiday shoppers

Retail Dive

Offerings for the beauty and sneaker categories allow consumers to get a better sense of what a product looks like without having to step into a store.

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Retails Next Frontier: Exploring and Proving the Value of AI

AI is everywhere. It’s in customer service interactions, product recommendations, marketing outreach, and yes, even commerce experiences. But not every use of AI provides the same value to your brand. In this masterclass, experts from Constructor, commercetools, Contentstack, and Orium discuss how AI can complement your composable tech stack and help bring in immediate ROI.

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Gap Writes Off $53 Million Related to Yeezy Line

VMS

Gap Inc. (San Francisco) said it is taking a $53 million write-off on its investment in Yeezy, a fashion line created controversial artist Ye (formerly Kanye West). That figure was disclosed in the specialty apparel company’s financial results for its third quarter ended Oct. 29, 2022. Gap executives made no comment related to the charge in the news release on the results.

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Ride the Waves at Surf Expo’s Winter Trade Show

Independent Retailer

Daydreaming about warm weather and beach days? Well you can experience the real deal at Surf Expo , the world’s premier watersports and beach lifestyle trade show. Gathering at the Orange County Convention Center in Orlando, Florida on January 4-6, 2023 , this is a prime opportunity to get your store ready for the upcoming summer season. . Bigger & Better Than Ever Before.

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Asda welcomes fresh draught beer, cider and cocktail concept

A1 Retail

Asda Pudsey customers will be able to pick up their favourite from a rotating range of freshly poured tipples after Craft on Draft, the fresh craft beer, cider and cocktail concept opened at the Asda Pudsey store in Leeds. Shoppers in Pudsey, Leeds, can now sample from a menu of 12 regularly changing beers, ciders and cocktails whilst seeking expert advice to find something that perfectly suits their tastes.

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The Key to Scaling Your Private Label Brand

Independent Retailer

by Eric Linxwiler. It has been a banner year for private labels. Inflation and the rising cost of living have changed how consumers shop, leading more to turn to store brand alternatives to save money. More than 87 percent of consumers are now opting to buy private labels at least some of the time, and among those shoppers, 90 percent say private labels provide better value for the money.

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2024’s Retail Odyssey: Going Small, Artificial, and Augmented!

Speaker: Kelly Goetsch - Chief Strategy Officer at Commercetools | Jason Cottrel - CEO & Founder at Orium | and guest speaker Brendan Witcher - VP, Principal Analyst at Forrester

Significant modifications are on the horizon for digital commerce in retail and customer experience come 2024. The pace of tech shifts will intensify, businesses are set to defund legacy solutions, and attractive opportunities will surface as social and retail media players join forces. To stay ahead of the curve, digital leaders are experimenting with less risky initiatives and scaling back on outdated projects that no longer yield impactful results.