Retail TouchPoints

JULY 8, 2021

Authentic Brands Group (ABG) — which has made a name for itself by scooping up bankrupt retail brands such as Forever 21 , JCPenney , Aéropostale and Brooks Brothers and bringing them back to life through licensing — is planning to go public. The company said in a prospectus filed July 6, 2021, that it plans to sell $100 million worth of stock, but that is a placeholder amount and will likely change.

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Brand Management Management Planning Marketing 311

Inside Retail

JULY 8, 2021

Online fashion marketplace The Iconic has launched a same-day delivery service on Saturdays in response to the extended lockdown in Sydney. According to the business Sydneysiders can now place orders for same-day delivery up to 2 pm on a Saturday, and it will be delivered later in the evening between 5 and 9 pm. And, customers in Sydney will be able to get free express delivery on all orders which are worth more than $50, and will enjoy free 60-day extended returns.

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Fashion Returns Management Shopping 264

Retail TouchPoints

JULY 8, 2021

Arguably, no event has disrupted the context of our everyday lives than COVID-19, and while easing regulations have inspired U.S. consumers to return to some version of normalcy, global sentiment is still mixed, according to Kantar’s Wave 9 survey of more than 10,000 people across 20 countries. Up to 70% of people still agree that the coronavirus situation concerns them “hugely,” a slight drop from 79% in April 2020.

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Payment Services Consumer Shopping Returns 283

Inside Retail

JULY 8, 2021

From omnichannel excellence to personalisation and product development, savvy retailers all around the world have accelerated their digital plans to meet customers’ rising expectations in the past 18 months. . Inside Retail recently hosted a webinar with Tumi vice president Adam Hershman, Zalora corporate affairs director Christopher Daguimol and Imran Khan, consumer goods and retail industry director at Salesforce. .

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Planning Consumer ATS Accessories 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 TouchPoints

JULY 8, 2021

Unibail-Rodamco-Westfield (URW), owner of Westfield shopping centers in the U.S., has entered a multi-year national partnership with buy now, pay later solution Afterpay to support retailers in offering flexible payment solutions to returning shoppers. The companies will jointly invest in new customer experiences, events, marketing and on-premise advertising at Westfield shopping centers across the country, with plans to take the partnership global in the coming months.

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Promotions Advertising Returns Customer Experience 264

Inside Retail

JULY 8, 2021

The rise in aggressive customer behaviour towards retail workers has prompted the launch of a new support service delivered by Transitioning Well, in partnership with WorkSafe Victoria and the Australian Retailers Association. The Wellbeing Support Service is a free, confidential service provided by registered psychologists for workers in retail, to support their mental health and wellbeing.

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Supermarket Department Stores Management Checkout 246

Inside Retail

JULY 8, 2021

Ransomware attacks are on the rise, with the breach of US IT firm Kaseya last weekend just the latest, biggest attack to make the headlines. Before that, there was meat processor JBS Foods and fuel supplier Colonial Pipeline. And tech and security experts believe there’s more to come, with the shift to remote working and online shopping and rise of ransomware insurance, which guarantees hackers a payout, creating something of a buffet line for cyber criminals.

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Management ATS Consumer Shopping 246

Retail TouchPoints

JULY 8, 2021

Commerce experience management platform Salsify has launched its Syndication Certification program. The program aims to equip Salsify implementation partners and administrator-level customers with the right tools to lead their teams in succeeding with Salsify and their digital shelf programs. The Salsify Syndication Certification path includes 11 self-paced e-learning courses and a skills assessment.

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Management 171

Inside Retail

JULY 8, 2021

Connect: Retail Leadership Summit has just arrived in Australia, and you can attend right now from your couch! . Designed for local retailers, Connect is a one-of-a-kind virtual summit, not seen before in Australia. With 24 speakers from Google, Salesforce, and many more, there are 13 sessions available on demand, any time, anywhere. Best of all, it’s completely free for Australian retailers. .

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Customer Experience Marketing 246

Retail TouchPoints

JULY 8, 2021

Glossier has raised $80 million in Series E funding in a round led by Lone Pine Capital , along with participation from existing investors Forerunner Ventures , Index Ventures , IVP , Sequoia Capital and Thrive Capital. The retailer will use the investment to scale its global online and offline channels. The funding comes in time to help Glossier return to brick-and-mortar after it closed all stores during the pandemic, starting with three permanent physical locations in Seattle, Los Angeles and

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Returns Location Planning Consumer 167

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

Inside Retail

JULY 8, 2021

CEO of kids’ footwear brand Bobux to step down. New Zealand’s kids’ shoe brand Bobux is on the lookout for a new CEO, as current CEO Andrew Sharp announced he will be stepping down at the end of the month to build his own electronics business. Sharp, who was at the helm of Bobux for nearly six years, has built and led a team that accelerated Bobux International’s growth, outpacing growth rates by ten times year-on-year in the global space.

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Fashion Marketing Management Consumer 246

Retail Focus

JULY 8, 2021

St Johns Liverpool, located in the heart of the city centre and a stone’s throw from Liverpool Lime Street Station, is welcoming a brand-new HMV store to the centre in July 2021. . One of the country’s most iconic and recognisable high street names, HMV will open on Williamson Square, joining over 100 other businesses within St Johns, from local retailers to national brands like JD Sports and Matalan. .

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Management Location Shopping ATS 162

Inside Retail

JULY 8, 2021

Premier Investments has threatened to incite an extraordinary general meeting in an effort to force three non-executive directors on Myer’s board to resign – a move that would allow a majority independent board made up of people with the “necessary skills and experience”. According to Premier, board members should “for once” put the company’s shareholders first and resign, but failing that it has instructed its lawyers, Arnold Bloch Leibler, to request a copy of Myer’s shareholder register.

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Planning Management Department Stores ATS 246

Retail Focus

JULY 8, 2021

The St David’s Partnership, owners of St David’s Cardiff , has announced the opening of a new shop for Sky, Europe’s leading media and entertainment company; its first bricks and mortar site in Wales. Spanning 2,740 sq ft, the new space brings together Sky Mobile, Sky Broadband, and Sky TV all in one place. It also includes an iSmash service facility, providing customers with repair and maintenance services on site.

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Shopping ATS Customer Experience 130

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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

Retail Wire

JULY 8, 2021

Many American consumers have been living with the same wardrobes since the novel coronavirus pandemic hit. Now that restrictions are loosening, they are looking to freshen things up. “I have four sets of jeans, seven shirts and five sweaters that I wear every week,” said Alina Clark, co-founder of a software development company in Los Angeles. “They’re everything I’ve worn in the last two years.

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Consumer 130

Talking Retail

JULY 8, 2021

The Association of Convenience Stores (ACS) is encouraging retailers to submit entries for a new trophy marking the legacy of independent retailer Raj Aggarwal. Aggarwal, who owned stores in Wigston, Leicester and Hackenthorpe near Sheffield died aged 51 last year after contracting coronavirus. The new trophy will be awarded to the retailer who is judged.

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ATS 143

Retail Wire

JULY 8, 2021

Authentic Brands Group, which is part owner of the Aéropostale, Barneys New York, Brooks Brothers and Forever 21 retail businesses along with many other fashion brands and media properties, has filed for an initial public offering of its stock to be listed on the New York Stock Exchange under the “AUTH” symbol.

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Fashion 130

Cisco Retail

JULY 8, 2021

The past few days have been a lot for people in the security industry. On Friday in the US, people were just about to clock off for what would hopefully be a relaxing Fourth of July long weekend. Only for cybercriminals to have other plans. This week I spoke to Cisco Talos’ US Outreach Team lead Nick Biasini to talk about the unfolding events surrounding the REvil ransomware campaign and Kaseya VSA supply chain attack.

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Management Planning ATS 140

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

Retail Wire

JULY 8, 2021

The Centers for Disease Control and Prevention estimates that 51.7 percent of new COVID-19 cases were caused by the more transmissible Delta variant of the virus, up from 30.4 percent of all cases just two weeks earlier. The variant is spreading most quickly through parts of the country where vaccination rates for adults fall well below the 70 percent goal set by the federal government.

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Small Biz Trends

JULY 8, 2021

What do the latest retail statistics tell us about retailing in 2021? You might be surprised. We have assembled all the numbers you need, including store operations, shopper behaviors, how retailers market their businesses, and much more. If you own a retail store or are considering shop ideas for a new one, take a look at the stats below. Retail Statistics: The Big Picture.

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Specialty Store Specialty Retailers Social Commerce Advertising 138

Retail Wire

JULY 8, 2021

An acute labor shortage is pushing retail, foodservice and other businesses to turn to teenagers to fill part-time positions. More than one-in-three American teens had jobs in May, the highest percentage going back to 2008, according to the Labor Department.

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Nvidia

JULY 8, 2021

U.S. math students still aren’t making the grade on the world’s stage, but a team of researchers backed by the National Science Foundation is putting AI to the test for improving the teaching of the subject in public schools. Teachers in two Colorado school districts in the spring started pilot tests with AI for analyzing math class discussions. Participating teachers helped with the design of the program as well as testing.

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Accounting ATS 123

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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.

Retail Wire

JULY 8, 2021

Mickey Drexler is 76 with no plans to retire. Mr. Drexler, who stepped down as CEO of J. Crew in 2017, is back running the Alex Mill fashion brand business started by his son in 2012.

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Fashion Planning 100

Nvidia

JULY 8, 2021

GFN Thursday is a weekly gaming party, and a party’s always better with friends. With more than 400 multiplayer PC games streaming on GeForce NOW , there’s nothing stopping gamers from joining friends in the action. Take a look at why gaming with a group has never been easier, thanks to the cloud, and the 3 multiplayer games joining the library this week, part of 10 in total.

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Shipping Accounting ATS 120

Retail Wire

JULY 8, 2021

Attorneys generals from 36 states and the District of Columbia have a lawsuit against Google claiming that the technology giant uses its marketplace dominance to demand exorbitant fees from software developers who sell their products through its app store. “This lawsuit isn’t about helping the little guy or protecting consumers,” wrote William White, senior director of public policy at Google. “It’s about boosting a handful of major app developers who want the benefits of Google Play

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Consumer ATS 100

Talking Retail

JULY 8, 2021

Boost Drinks is launching a competition to “find the best local independent retailers in the business”, as part of its 20th birthday celebrations. The “Local Legends” giveaway is running until October and offers one retailer the chance to win £20,000, if they complete an online application describing how and why they go “above and beyond”. This story continues at Boost celebrates 20th birthday with ‘Local Legends’ giveaway.

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ATS 116

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 Wire

JULY 8, 2021

Stores are beginning to reintroduce free samples as COVID-19 cases continue to drop in areas where a larger percentage of people are getting vaccinated against the virus. Sampling stations are not exactly returning to pre-pandemic normality, however, as servers wear masks while positioned behind see-through barriers.

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Returns 100

Talking Retail

JULY 8, 2021

Bel UK, owner of the Babybel brand, has launched a plant-based cheese alternative range. The Nurishh range consists of a plant-based Camembert wheel (140g; £3.50), Cheddar & Mozzarella Style Blend Grated bag (150g; £2.50) and a Mozzarella Style Block (200g; £2.50). The brand said 36% of shoppers claim to be following, or interested in following, This story continues at Bel UK launches plant-based cheese brand.

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ATS 116

Retail Dive

JULY 8, 2021

The retailer that once defined American casual fashion is trying to regain attention by collaborating with one of the world's most idiosyncratic artists.

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Fashion 120

Retail Times

JULY 8, 2021

Co-op has today (Friday, 9 July) announced the launch of Europe’s most extensive in-store recycling scheme for plastic bags and product wrapping. The rollout of the scheme is set to see the convenience retailer become first UK supermarket to have fully recyclable food packaging by the end of this month (July) and, help tackle the confusing postcode lottery of kerbside collections.

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Supermarket 111

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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