Retail Wire
JUNE 22, 2023
The U.S. Agriculture Department has given the go-ahead to two companies – Good Meat and Upside Foods – to sell “cell-cultivated” chicken parts, which are grown inside labs, for human consumption. “I’m thrilled to share that cultivated meat will now be available for consumers in the U.S.,” said Uma Valeti, Upside Foods’s CEO.
Inside Retail
JUNE 22, 2023
Australia is currently in the midst of a “retail recession” with real retail turnover experiencing a decline over two consecutive quarters. According to Australian Bureau of Statistics data, spending fell by 0.6 per cent during the three months to March, and by 0.3 per cent in the previous December quarter. With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter.
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Retail TouchPoints
JUNE 22, 2023
While Urban Outfitters ’ assortment is designed for consumers in their teens and early 20s, Anthropologie provides a destination for consumers’ “next generation of life,” when they’re starting careers and families, according to Chief Marketing Officer Elizabeth Preis. And despite having an incredibly loyal customer base, Anthropologie has focused on expanding its reach, especially among consumers in their late 20s through early 40s — and a few more as well.
Inside Retail
JUNE 22, 2023
Children’s shoe retailer Minnow Designs has ceased operations citing tough trading conditions. “After four years of hits with bushfires, La Nina and Covid all heavily impacting our business, we are burnt out and have decided to close the business,” said Stacey Fisher, co-founder and director of Minnow Designs. Established in 2016 by Lorraine Nguyen and Stacey Fisher, the brand sells a range of waterproof beach shoes and sandals for kids.
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.
Retail TouchPoints
JUNE 22, 2023
It seems like just about everyone on earth is obsessed with the promise of artificial intelligence. Read through any magazine or online publication and you’ll find a plethora of fascinating experiments, from pitting AI against nine-year-olds and seeing who could best master a game of Super Mario Bros. (advantage: machine) or engaging in digital tasks that require curiosity and out-of-the-box thinking (advantage: flesh and blood).
Inside Retail
JUNE 22, 2023
Australian menswear label Calibre is ramping up its expansion across the country with two new stores in Melbourne and a Brisbane debut. The two Melbourne stores have opened at the Emporium and Highpoint, while the Brisbane boutique is housed in the St James luxury shopping precinct. The boutique designs feature a minimalist approach. “Following the evolution of the brand, the latest Calibre retail concept focuses on strong frontage and contemporary design features which highlight our product a
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
JUNE 22, 2023
Australian beauty retailer Mecca has expanded overseas launching its own-brand sunscreen products on a new UK website. The company’s multipurpose SPF cream, which is manufactured in Australia, will be sold online for £35 (A$66). According to WWD, Mecca is debuting in the market with its To Save Face sunscreen since “SPF is becoming a category with quite a lot of momentum behind it” and is also one of the brand’s most successful products.
Retail TouchPoints
JUNE 22, 2023
Starbucks will develop a new sustainability learning and innovation lab at Hacienda Alsacia, the company’s global agronomy headquarters for R&D in Costa Rica. Beginning this fall, the lab will offer its first slate of educational programming to select Arizona State University (ASU) students and Starbucks employees; the physical lab is expected to open within the next three years.
Inside Retail
JUNE 22, 2023
Amazon.com isn’t the only US retailer accused of using deceptive tactics to sell memberships to shoppers. From big-box chains Walmart and Best Buy to specialty retailers like Savage X Fenty and Adore Me, retailers’ subscription programs are facing growing scrutiny. Many collect monthly fees from shoppers in exchange for free delivery, unlimited tech support or discounts on merchandise.
Retail TouchPoints
JUNE 22, 2023
Toolio ’s merchandising platform is designed to automate critical workflows, provide real-time insights and enable remote collaboration, empowering retailers to make faster, data-driven decisions about their most important (and expensive) asset — inventory. Toolio aims to be a consolidated platform for all of a retailer’s merchandising activities and its capabilities include: Merchandise Planning: Build, understand and maintain merchandise financial plans and open-to-buy with automation an
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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 Focus
JUNE 22, 2023
SODA Studio has designed a new flagship store for Humble Crumble, a dessert company with a huge following online. Using colours and materials that reflect the ethos of the brand, the new home of crumble has been created to serve the rapidly growing fan base and provide an improved experience for the company’s social-media savvy clientele. Humble Crumble started operating in Spitalfields but moved around the market into increasingly larger plots as their popularity grew, which developed as more a
Retail TouchPoints
JUNE 22, 2023
Overstock.com won its $21.5 million bid for Bed Bath & Beyond ’s name, intellectual property and digital assets, according to court documents. The deal didn’t include the bankrupt retailer’s physical footprint, and all stores will still wind down and close. Software company Ten Twenty Four also placed a bid for the Beyond.com domain and will purchase it if Overstock’s deal falls through.
Retail Wire
JUNE 22, 2023
An egg-shaped robot named ADAM dances outside Botbar Coffee in Brooklyn, NY, to draw people into the shop while another ADAM makes drinks for customers inside.
Retail Focus
JUNE 22, 2023
Featuring the “Home of Sport” concept, adidas has opened its first Asia Pacific flagship store in the unique and bustling shopping district Myeongdong, a must-visit spot in South Korea. Various Associates , the only Chinese design firm that participated in the flagship design, partnered with adidas to extract local Korean elements and blend them with adidas brand personality, creating a “home of sport” with closer connections and deeper resonance with local customers.
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.
Retail Wire
JUNE 22, 2023
The Federal Trade Commission has sued Amazon.com, alleging that it used deceptive interface designs to trick millions into joining its Prime membership program. “Amazon used manipulative, coercive, or deceptive user-interface designs known as ‘dark patterns’ to trick consumers into enrolling in automatically-renewing Prime subscriptions,” according to the FTC.
Inside Retail
JUNE 22, 2023
It’s been quite the ride for JD.com. Founded in 1998 by Richard Liu, the Chinese e-commerce giant recently celebrated the 20th anniversary of its online launch. Initially called JD Multimedia, Liu started the business with RMB12,000 (US$1670) of savings, which he used to lease a 4sqm retail unit in Beijing’s technology hub. The business got its first big break in 2003, during the SARS outbreak, when Liu saw an opportunity to capitalise on the burgeoning e-commerce sector and began selling produc
Retail Focus
JUNE 22, 2023
In recent years, the Internet has been flooded with all kinds of money-related challenges. However, some of them may be useful. If you can’t manage to save money and your usual savings methods don’t work, you can try out some of the popular online money cheat games. This article from an essay writer who works at the best essay writing service free provides tips based on some of the best challenges to learning how to save money without wasting it. 1: Keep track of your spending.
Inside Retail
JUNE 22, 2023
Not-for-profit fashion charity Thread Together is set to open its first clothing beneficiary centre in Melbourne on June 29. The hub is opened in partnership with Northern Community CareWorks and will help vulnerable people with clothing at no cost. The charity had a long-term objective of securing a permanent clothing hub after supplying clothing across Melbourne and regional Victoria through a Mobile Wardrobe van service.
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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.
Retail Focus
JUNE 22, 2023
The iconic pub culture in Britain is facing its most formidable challenge yet, as closures of these cherished establishments soar to an all-time high. With the pub industry battling against numerous factors, from changing consumer preferences to economic pressures, the future of these social hubs is at stake. In addition to the 100s of thousands of jobs, and billions in revenue that are at risk, Britain stands to lose a time-honoured cornerstone of its culture as closures continue to sky-rocke
Inside Retail
JUNE 22, 2023
The level of thought and time that goes into hiring the right person makes a difference. Consider who will fit well into your team and culture and align with your organisational values and purpose. You also need to consider what kind of person could do the role and identify the required skills and experience. What does the role demand? What qualities and technical skills are essential?
Retail Focus
JUNE 22, 2023
Harrods is excited to unveil a new luxury destination on the first floor, the first phase of its anticipated Womenswear redevelopment project. The almost 16,000 sq. ft. space is dedicated to the pieces that make you feel the most confident and comfortable from morning, noon until night; lingerie, sleep and lounge. Building further on the growing focus and demand for transformative shapewear and tailored lingerie seen in recent years, the grand new halls provide products and services for every oc
Inside Retail
JUNE 22, 2023
With the release of artificial intelligence (AI) chatbot ChatGPT in November last year, the world of machine learning and AI has opened up to anyone who wants to use the bot to answer questions. And when OpenAI – the company behind ChatGPT – released its latest language model last March, it meant people could help guide its responses with specific material such as business documents on any topic.
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
Retail Focus
JUNE 22, 2023
In today’s competitive marketplace, timely delivery is crucial for customer satisfaction. Streamlining your logistics and offering fast shipping options are essential for staying ahead of the game. Here are several ways to ensure that your products reach customers quickly without compromising on quality or efficiency. Optimize Your Inventory Management System Optimizing your inventory management system is the foundation for faster delivery.
Inside Retail
JUNE 22, 2023
Julie Mathers has long been a stalwart member of Australian retail’s e-commerce industry, having founded the successful health and beauty focussed Flora & Fauna, and now heading up online kidswear retailer Snuggle Hunny. Here, Mathers unpacks her retail journey, and shares the way she stays successful. Inside Retail : Can you tell us about your career journey?
Retail Focus
JUNE 22, 2023
Consumer demands for curated ads from trusted brands is prompting retailers to tap retail media opportunities and open up new revenue streams from monetising their first party audiences, according to the latest research from ADvendio , the leading omnichannel advertising solution provider. Original research of over 1,000 UK shoppers by ADvendio showed the impact of customer engagement via traditional advertising was diminishing, with UK shoppers saying they ignore over half (56%) of digital adve
Inside Retail
JUNE 22, 2023
Erica Berchtold out, Ray Itaoui in at Best & Less By Rakshnna Pattabiraman Outgoing CEO of The Iconic Erica Berchtold will no longer take over as chief executive of Best & Less Group in September, as the struggling discount apparel retailer had previously announced. Instead, Ray Itaoui, a co-investor and long-time partner of BBRC, whose takeover offer for BLG is set to close at the end of this month, will continue as CEO of the business, after assuming the responsibilities of chief execu
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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
JUNE 22, 2023
Laura Esposito, an administrative law judge at the National Labor Relations Board, ruled that an Apple store supervisor crossed a legal line when asking an employee about unionization efforts at the company’s World Trade Center location. Apple managers also illegally removed union literature in legally permitted non-working spaces.
Inside Retail
JUNE 22, 2023
The Darwin Aboriginal Art Fair (DAAF) will return this year to Darwin Convention Centre between August 8 to 13 to celebrate indigenous art, culture and couture. The event – which is on its 17th iteration – comprises an indigenous art fair and two indigenous fashion projects public events called Country to Couture and the National Indigenous Fashion Awards (NIFA).
Retail Wire
JUNE 22, 2023
Skechers has sued Steve Madden claiming the “S” logo on its “Kennie” line of sneakers is a trademark violation. Steve Madden said that its design was “in no way inspired by Skechers” and that it has used variations of the logo since the 1990s.
Retail Dive
JUNE 22, 2023
The closing of a Seattle location marks its ninth so far this year as the company reevaluates its frictionless c-store brand.
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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