Retail TouchPoints
AUGUST 23, 2021
Target is expanding its partnership with Disney to bring Mouse House-branded in-store shops to more than 160 locations by the end of this year. The two companies originally teamed up in 2019 and currently operate 53 Disney shop-in-shop locations, which average approximately 750 square feet. The partnership also includes a co-branded online store that will be expanded as well.
Inside Retail
AUGUST 23, 2021
Kogan’s bloated inventory and logistics costs severely impacted its profitability in FY21, with net profit plummeting 86.8 per cent to $3.5 million (compared to $26.8 million the year prior). Without taking these impacts into consideration, adjusted NPAT rose 43.2 per cent to $42.9 million off the back of a record breaking sales effort – up 52.7 per cent to approximately $1.18 billion.
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Retail TouchPoints
AUGUST 23, 2021
If the last year has taught us anything, it’s that change and disruption are constant. Whether it’s coping with a disruptive event or shifting buyer behavior, nimble retailers fare the best. The turmoil also proved that mobile technology enables needed flexibility in times of disruption and drives superior customer experiences that make retailers more competitive.
Inside Retail
AUGUST 23, 2021
Retail veteran David Briskin has enjoyed a long, successful career in Australian fashion, from founding accessories brand Mimco to being at the helm of Sass & Bide for several years and chairing the Melbourne Fashion Festival. Now, he’s a director at menswear label MJ Bale and a board member at not-for-profit Thread Together. Here, Briskin discusses his passion for supporting the community and the challenges and opportunities within the industry.
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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.
Retail Wire
AUGUST 23, 2021
Target said it will grow the number of locations that house Disney shops from 53 at present to 160 by the end of the year. The retailer is also releasing its Bullseye’s Top Toys list with 50 toys and games, including 22 that are exclusive to the chain.
Inside Retail
AUGUST 23, 2021
After starting out as a ride-hailing app 12 years ago in the US, Uber has become a place to not only hitch a lift, but to order takeaway, groceries and alcohol. And it doesn’t plan to stop there. In Australia and New Zealand, Uber is firing up its retail partnerships as it seeks to grow its Uber Eats Marketplace. On Monday, the platform announced a partnership with supermarket giant Woolworths , which will see over 1200 products from its Metro stores in Sydney and Melbourne available to or
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
AUGUST 23, 2021
Convenience chain 7-Eleven is to pay $98m in a settlement of a franchisee class action, according to Lawyerly. The revelation of the massive cost to the retailer comes a few weeks after the announcement of the settlement. At the time the retailer confirmed a series of mediations in June had led to the agreement. Today a spokesperson from the retail chain said “7-Eleven can confirm the parties have entered into a binding settlement deed which resolves the class actions without admission of fault
Retail Focus
AUGUST 23, 2021
Hammerson has completed its upgrade to Grand Central’s New Street Mall. The works included the creation of a new, engaging entrance to Birmingham’s Grand Central, enhancing its position as the gateway to the UK’s second city. The upgrade works underpin Hammerson’s commitment to enhance the customer experience across its flagship destinations through innovative and engaging installations, events and fit-outs.
Inside Retail
AUGUST 23, 2021
Coles has received the Most Innovative Supermarket award at this year’s Finder Innovation Awards (FIA) for its store in Moonee Ponds, Victoria. The FIA recognises brands that drive positive change in the industry and, according to FIA Senior reviews editor and judge Chris Jager, Coles’ sustainability store is an excellent example of innovation in the supermarket space. “Coles’ flagship sustainability store at Moonee Ponds features several in-store firsts to deliver a bett
Retail Focus
AUGUST 23, 2021
ECCO has launched its new flagship store in Shanghai. The space is an interaction of eastern and western culture by many international brands. Spanning 442 m2, the new flagship shop is located in Huaihai Middle Road, a prime commercial area of the city. Hong Designworks uses the concept of “Metropolitan Dreamland” using the experience of multiple dimensionalities to reconstruct the relationship between people and objects.
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.
Inside Retail
AUGUST 23, 2021
CouriersPlease has released a browser-based video game that puts players in the shoes of their local courier, in an effort to help Australians understand just how much work goes into delivering packages. Players must work to deliver as many parcels as possible, while navigating dog attacks, traffic, road accidents and closures, as well as typical barriers to delivering parcels: a closed business, or a resident not at home.
Retail Focus
AUGUST 23, 2021
Boots Hearingcare has confirmed that it has opened within the new Boots store at Edinburgh’s St James Quarter Shopping Centre. The opening further enhances the business’ ability to offer a vast healthcare option within the heart of the £1 billion development , which replaced the 1960s St James Centre and had been five years in development. Boots Hearingcare will be bringing all of its renowned traditional audiologist services, hearing tests, and full range of high-quality hearing aids.
Inside Retail
AUGUST 23, 2021
Quick service group Restaurant Brands tripled profit in its first half, with group NPAT hitting $33 million compared to $10.7 million in the same period last financial year – a 208 per cent growth. Group sales, on the other hand, rose 41 per cent to $516,7 million thanks to strong same-store sales across New Zealand, Australia and Hawaii, as well as the addition of its new Californian arm.
Retail Focus
AUGUST 23, 2021
While ten years ago, most consumers would have preferred to purchase furniture and homeware brand-new, another option has been growing in popularity: using second-hand. People may reuse items of their own, buy used items from friends or on second-hand goods websites, or they might purchase from vintage shops. The trend may be led by an awareness of the environmental impact of mass production and buying brand-new, as well as personal finances and style preferences.
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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.
Inside Retail
AUGUST 23, 2021
From switching its focus on hardcore sporting adventures to inspiring joy in the great outdoors, Kathmandu is changing things up as it primes itself for global ambitions. Here, CEO Reuben Casey discusses the brand’s homecoming to its roots and the unique challenges of purpose-led businesses. Inside Retail: Let’s discuss Kathmandu’s global transformation.
Retail Wire
AUGUST 23, 2021
Donny Rouse, CEO of Rouses Markets, said that the chain’s 60 supermarkets are sometimes receiving as little as 40 percent of the products they order in categories ranging from canned items to pet food compared to a 90 percent fill rate prior to the pandemic. Rouses Markets is not alone in its challenges as industry experts point to labor and raw materials shortages rippling throughout the supply chain.
Inside Retail
AUGUST 23, 2021
Retail landlord Scentre Group has delivered a substantially better half-year, with profit after tax hitting $400 million compared to a $3.6 billion loss during the same period last year , while profit per security hit 8.88 cents per stapled security – up 28 per cent. “Today’s results are pleasing, and demonstrate the resilience of our platform and ability to generate cashflow,” Scentre Group chief executive Peter Allen said.
Retail Focus
AUGUST 23, 2021
Online investment can be hazardous, but an equitable platform can help save more and protect yourself. Some agents assist their clients in finding the platform that matches the needed requirements. Selecting the venue on your own is not a cinch but a commensurate task. This article is about how to choose the best trading platform based on the experience of professional brokers.
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
Inside Retail
AUGUST 23, 2021
Four ex-Catch Group senior executives – Jon Beros, Russell Proud, Kalman Polak and Guy Polak – have teamed up to form Little Birdie, a new online shopping site that officially launched on Tuesday. The site brings together 70 million products from over 1000 major brands and retailers, including Apple, Samsung, L’Oreal, Coles, Woolworths, Dan Murphy’s, JB Hi-Fi and Rebel, but unlike online marketplaces, such as Amazon and eBay, consumers can’t buy items directly from Little Birdie.
Cisco Retail
AUGUST 23, 2021
This might be a very existential question… a bit like Plato’s Allegory of the Cave. “How do I know what is reality?” Well, I have the answer for this: Cisco ThousandEyes can help with this! It might not be able to help distinguish between shadows on a wall and the real world behind it, but it can help with verifying your policy enforcement.
Inside Retail
AUGUST 23, 2021
Michaela Wessels, CEO and co-founder of Style Arcade, goes into the mechanics of how size curves dramatically influence your bottom line, and how to accurately calculate your ideal size ratios. The impact of size curve inaccuracy for e-commerce retailers. Did you know the profit margins of your e-commerce business are impacted by 20-30 per cent, just by buying the incorrect size range?
Cisco Retail
AUGUST 23, 2021
The last 18 months have challenged us all as a global society. We’ve had to reimagine and rethink the way we socialize, learn and live – and at times, we’ve all felt the burden of the pandemic. . But perhaps the most significant burden of the pandemic is the one placed on our healthcare providers and frontline workers. . These courageous caregivers stepped in when case numbers were rising around the globe, and quickly pivoted to provide care to those most in need.
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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.
Talking Retail
AUGUST 23, 2021
Nisa’s registered charity, Making a Difference Locally (MADL), has reported a big increase in donations from retailers during the pandemic. Well over a million pounds (£1,190,976) was donated in the charity’s latest financial year, which ended in June 2021. This is a 43% rise on the previous year, with retailers making 2,082 donations to support. This story continues at Nisa’s retailers increase charitable donations sharply during pandemic.
Cisco Retail
AUGUST 23, 2021
IDC Uncovers the latest trends and advice for financial services. The events of 2020 will leave a lasting impact on the financial sector as institutions accelerated the shift to a digital environment, both for customers and their employees. Digital transformation has raised the bar for financial services , dictating seamless, personalized interactions during branch visits.
Talking Retail
AUGUST 23, 2021
Pladis, the biscuit and snacks giant, has teamed up with some Nisa stores in a trial to help maximise their biscuit sales. The Better Biscuits initiative has been running across eight Nisa stores for eight weeks throughout July and August. Claire Parker, Nisa’s marketing manager for category growth wholesale, said: “Biscuits is an important category.
Cisco Retail
AUGUST 23, 2021
In collaboration with Jon Woolwine, Steve Sheldon, Touseef Ahmed Gulgundi, Alisha Sanchez, Oliver Agpalasin, Prashant Bhadoria, Earl Dimaculangan, and Mahadevan Varadarajan. In 2014, we realized our world in network engineering was changing rapidly. Like many IT organizations, we saw a shift to the internet and cloud services in our network traffic.
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
Dezeen
AUGUST 23, 2021
Grand steel and micro-cement structures, celestial lighting and symmetrical layouts add a sense of ceremony to the shopping experience within this clothing boutique in Hangzhou , China by Liang Architecture Studio. Located within a corner unit on a busy street in the city's Xiaoshan District, the 300-square-metre Audrey boutique sells women's fashion.
Talking Retail
AUGUST 23, 2021
Kikkoman is launching a TV campaign this autumn, following the “success” of its Chinese New Year activity earlier this year. The “Cook it up with Kikkoman” campaign will kick-off from 18 October and will include a TV advert and video-on-demand content aimed at a younger, more affluent audience, encouraging them to “try Kikkoman in everyday. This story continues at Kikkoman unveils autumn advertising plans.
Mulesoft
AUGUST 23, 2021
According to Mulesoft’s 2021 Connectivity Benchmark report, 77% of IT leaders across the globe cite the need to streamline operations via digital transformation. And one of the key ways to enable that transformation is to rely upon business automation. There are advantages and challenges in committing to a business automation strategy, and I’ll highlight them […].
Retail Wire
AUGUST 23, 2021
Businesses and government officials, including Gov. Ron DeSantis of Florida, thought that $300 in weekly unemployment benefits paid by the federal government were preventing people from returning to their low wage jobs. The statistics to this point do not seem to support that assertion as a complicating list of factors prevent those without jobs from finding new ones.
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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.
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