Mon.Aug 08, 2022

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UNIQLO Sibling Brand GU to Test North American Market With NYC Pop-Up

Retail TouchPoints

UNIQLO parent Fast Retailing will open its first GU retail store in the U.S. this fall with a pop-up shop in New York City’s SoHo neighborhood. The 2,900-square-foot ground floor space will be GU’s first store outside Asia and will offer a selection of on-trend clothing and accessories for men and women. Sharing its FY2023 plans in an April 2022 statement, Fast Retailing, which also owns fashion brand Theory , noted that it was inspired by the strength of the North American market.

Marketing 317
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Dusk launches Streets ice cream-inspired fragrance range

Inside Retail

Streets ice cream and home fragrance brand Dusk have teamed up to re-imagine “childhood favourites” into fragrances. The ice cream-inspired fragrance range includes candles, fragrant oils, tealights, and melts in the scents of Bubble O’ Bill, Golden Gaytime, Rainbow Paddle Pop, and Splice. “Scents are known to have a strong link to people’s memories, and what better way to bring back the memories of sunshine and summer than with our Streets x Dusk range, said Annie Lucchitti, marketing manager f

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Shopify Makes Strategic Investment in Klaviyo as Solution Providers Enter Product Partnership

Retail TouchPoints

Shopify and Klaviyo have entered a product partnership, with Klaviyo serving as the recommended email solution partner for Shopify Plus. Additionally, Shopify is making a strategic investment in Klaviyo to build upon the long-term collaboration between the platforms. Klaviyo also will receive early access to new Shopify development features, with the goal of helping Klaviyo and Shopify accelerate new technologies designed to help retailers navigate recent shifts in online marketing.

Marketing 312
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Ampol unveils its first electric charging outlet, in Sydney

Inside Retail

Ampol has opened its first pilot AmpCharge electric vehicle (EV) charging site, outside a Woolworths MetroGo store in Alexandria, Sydney. Matt Halliday, Ampol’s MD and CEO, said the business’ shift to offer new energy solutions supports the uptake of battery electric vehicles across Australia. “As the energy needs of our customers evolve and more of us are choosing electric vehicles, Ampol is also transitioning to provide a range of fast and reliable electric vehicle charging solutions.”.

Planning 246
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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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Reports: Alibaba Lays Off 10,000 as New Lockdowns Dampen Chinese Recovery

Retail TouchPoints

Ecommerce juggernaut Alibaba isn’t immune to the economic forces weighing down other retailers, particularly as new lockdowns in mainland China dampen hopes for an imminent recovery. The Chinese tech firm has reportedly shed close to 10,000 employees in anticipation of an economic downturn, according to the South China Morning Post. Exactly 9,241 employees reportedly left the company during its latest financial quarter, from April to June, leaving the company’s rolls at 245,700.

Consumer 312
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Shopper Marketing Weekly Snacks #18

Tokinomo

Campaign scoop. Keeping it cool. Some things should never change, while others might need some refreshing from time to time. Sprite’s latest commercial shows us that good things should remain unchanged, like the original taste of Sprite. While the taste remains the same, the appearance has changed because of their new bottle.

Marketing 198

More Trending

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DTC sales fuel supply chain tech growth

Retail Wire

Direct-to-consumer sales in a growing number of categories have increased demand for supply chain technologies. Nike is an example of a company moving in this direction with 24 percent of its total sales coming through its digital channels. “A more digitally connected Nike is a more valuable Nike,” said Matthew Friend, Nike CFO.

Consumer 130
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Walmart Acquires Supply Management Platform to Enhance Planning Capabilities

Retail TouchPoints

Walmart is acquiring Volt Systems , a solution provider that offers suppliers enhanced on-demand visibility into merchandising resources. The application is designed to deliver current store-level data, actionable analytics and shelf intelligence to help suppliers plan, forecast and optimize product assortment. Terms of the deal were not disclosed. The acquisition, which includes Volt Systems’ employees and customer agreements, will help Walmart build its investment in tools that help the retail

Planning 299
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Bed Bath & Beyond cuts private label in strategic shift

Retail Wire

Bed Bath & Beyond is discontinuing Wild Sage, a private label brand of bedding, home decor and furniture. Wild Sage was part of former CEO Mark Tritton’s plan to differentiate Bed Bath & Beyond from its competitors through its owned brands. “Customer response has been positive, and we are very pleased with the strength of several owned brands, such as Simply Essential, which delivers opening price points,” the company said.

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Three Types of Promotions Merchants Can Use To Attract Subscribers 

Retail TouchPoints

There’s no question that strategic promotions and discounts motivate consumers to buy a product. But they can also open the door to a long-term relationship through subscriptions. According to our recent survey , more than a quarter (26%) of respondents said that discounts motivated their decision to enroll in a subscription experience. But which promotions should you use to attract subscribers?

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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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Six reasons people recommend brands

Inside Retail

A recommendation is a prized form of earned media. It’s free and it comes with credibility, because we trust our friends and family. However, making a recommendation requires us to lay ourselves on the line so it is risky. What if the brand doesn’t live up to the expectation? Despite that, people continue to make recommendations. To work out what prompts them, earlier this year, we conducted qualitative research across Australia and New Zealand.

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Vera Bradley Sells goodMRKT to Focus on Core Brands

Retail TouchPoints

Vera Bradley, Inc. has sold its retail start-up goodMRKT to goodMRKT Holdings, LLC, which the brand’s Co-founder and Vera Bradley veteran Harry Cunningham will now lead as Managing Partner. “This announcement coincides with our Board of Directors’ decision to focus on the growth of our two core brands — Vera Bradley and Pura Vida ,” said Rob Wallstrom, CEO of Vera Bradley in a statement.

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“Way cooler than anything I’ve seen”: Thrills puts Hard Yakka into collab

Inside Retail

Australian workwear icon Hard Yakka has teamed up with Byron Bay label Thrills to blend workwear and streetwear in a new capsule collection. It took more than a year for the brands to create the range of 33 pieces and 10 accessories and the second season is already slated to launch later this year, offering workwear more suitable for summer. According to Hard Yakka’s brand and content manager Kathryn Dawson-Lee, the partnership is aimed at reaching customers who no longer just wear workwear on t

Wholesale 130
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Torrid Continues Building Out Executive Team With New COO/CFO and CTO Hires

Retail TouchPoints

Plus size retailer Torrid has named Tim Martin to the role of COO and CFO, effective September 12, 2022. The retailer also has named Hyon Park to the role of CTO. The new executives will help Torrid scale its business while building up its technology and digital capabilities. Martin brings 25 years of retail experience, most recently as EVP and CFO of Guitar Center , where he was responsible for accounting and finance, real estate, sourcing, distribution and logistics.

Finance 270
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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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Aesop to open its first store in Mainland China

Inside Retail

Australian premium luxury skincare brand Aesop is expanding its presence into Mainland China with its first store to open in Shanghai, it has announced on social media. The store will open on the corner of Dongping Road, which has a lot of historical heritage and integrates the diverse styles of Shanghai style, the company said. However, Aesop has not yet disclosed the exact opening date.

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Whirlpool to acquire Emerson Electric’s food waste disposal unit

Retail Wire

Whirlpool said it would pay $3 billion to acquire Emerson Electric Co.’s InSinkErator food waste disposal business. InSinkErator holds a 70 percent share of the food waste disposal category.

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How to Start a Career in AI

Nvidia

How do I start a career as a deep learning engineer? What are some of the key tools and frameworks used in AI? How do I learn more about ethics in AI? Everyone has questions, but the most common questions in AI always return to this: how do I get involved? Cutting through the hype to share fundamental principles for building a career in AI, a group of AI professionals gathered at NVIDIA’s GTC conference in the spring offered what may be the best place to start.

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Attempts to draw Cracker Barrel into culture war are just silly

Retail Wire

Cracker Barrel recently added a plant-based sausage to its menu in addition to its pork option. That was enough to drive some to social media to accuse the restaurant chain of somehow caving to progressive thinking. Others responded that Cracker Barrel’s critics could go to the restaurant and eat as much meat sausage as they like.

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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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Why running brands are finally making shoes for women

Retail Dive

As the sport rises in popularity, brands are breaking from tradition and investing in running shoes that are actually manufactured for a woman’s foot.

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Hybrid car sales pick up

Retail Wire

Fully electric vehicles are getting most of the press, but plug-in hybrid cars are selling at record volumes. The sale of hybrids is expected to rise to 180,000 vehicles even as total car and truck sales are forecast to decline.

ATS 100
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Cisco Wireless 3D Analyzer: High Level View on Latest Innovations

Cisco Retail

Wireless connections are ubiquitous and have become a part of our daily lives no differently than electricity. Planning, maintaining, and troubleshooting WiFi networks, optimized for today’s radio coverage and capacity requirements, may not be a simple task for an otherwise seasoned wireless network engineer. . While wireless technologies are ubiquitous, they interact steadily with the physical environment.?

Location 106
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Choco Taco may not be done yet

Retail Wire

Klondike recently said that it was discontinuing its Choco Taco frozen novelty item. Consumers coming forward to express their dismay with the decision has led Klondike to reconsider. The company issued a statement: “We’ve heard from our fans, and we’re hoping to bring this favorite treat back to ice cream trucks in the coming years!

Consumer 100
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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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PayPal and Venmo Launch New Small Business Grant Program for Emerging Businesses

Small Biz Trends

PayPal is launching a new grant program for emerging small businesses. The Venmo Small Business Grant will provide $10,000 grants, mentorship services, and additional benefits to 20 Venmo Business Profile users. Details. The Venmo Small Business Grant program includes $200,000 in total grant funding. Each recipient will get $10,000, which can go toward various expenses, from rent to digital marketing.

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Customers make off with stores’ handheld shopping baskets

Retail Wire

People in New Jersey are getting used to the state’s plastic bag ban. Some who forget to bring their own bags with them on shopping trips are taking their purchases home with them in handheld shopping baskets instead of buying bags in stores.

Shopping 100
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The Man That Helped Change IBM

Small Biz Trends

What would it be like to be part of building one of the leading and longest lasting companies during its most explosive growth in America? This week I celebrated my 700 th episode of The Small Business Radio Show with Nicholas (Nick) Donofrio who began his career in 1964 at IBM. Ironically, I started at IBM in 1981 for the first 9 years of my career.

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High cost and quality concerns cut into grocery deliveries

Retail Wire

Consumers who were willing to let grocers pick and deliver their grocers early in the pandemic are less willing to do so now that costs have increased and the products delivered are not always up to expectations. Americans spent 26 percent on grocery delivery in June 2022 versus the same month in 2020. Grocery pickup increased 10.5 percent over the highest levels tracked during the pandemic.

Grocer 100
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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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Walmart acquires omnichannel tech specialist Volt Systems

Retail Dive

The deal comes with new talent and technology aimed at vendor management, seamless shopping and anticipating demand.

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46 Sports Business Ideas

Small Biz Trends

If you’re looking for a way to get into this exciting and profitable field, look no further. This list of 46 profitable sports business ideas is great for sports lovers and will give you a good starting point. So whether you’re an experienced entrepreneur or just getting started, there’s sure to be an idea here that’s perfect for you to start a sports business.

Outdoor 98
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Charles Tyrwhitt selects centre:mk as first destination in new store roll-out

A1 Retail

British menswear brand, Charles Tyrwhitt, has announced that centre:mk Milton Keynes will be the debut location of a new store design that will be rolled out in the UK. Set to open in late August, the 1,455 sq ft store will be located at 27 Silbury Arcade and feature Tyrwhitt’s cutting-edge store format showcasing the brand’s full collection of fine menswear.

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15 Dropshipping Business Ideas for 2022

Small Biz Trends

As a small business owner, minimizing risk is a key priority for you to stay afloat. One online business opportunity that promises good returns with low risks is dropshipping. In recent years, the online boom has driven the dropshipping store trend. Many businesses are, therefore, exploring dropshipping business ideas to increase their income. How Do I Start a Dropshipping Business?

Jewelry 98
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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