Tue.Aug 16, 2022

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IKEA U.S. Installs EV Chargers at 25+ Stores, Plans Wider Rollout by 2023

Retail TouchPoints

IKEA U.S. is deploying fast electric vehicle (EV) chargers at more than 25 retail locations across the country via a partnership with Electrify America and Electrify Commercial. The initiative is part of the retailer’s plan to become circular and climate positive by 2030, which includes achieving zero-emissions home deliveries by 2025 and cutting relative emissions stemming from customer and co-worker travel in half by 2030.

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Super Retail Group delivers record sales, eyes expansion

Inside Retail

Super Retail Group has reported a “record” year of sales in its full-year results marked by a strong second-half performance – but its bottom line did not fare as well. For the year to July 2, the business says sales grew 2.8 per cent to $3.55 billion although tax-paid net profit fell 20 per cent to $244.1 million. Online sales grew 44 per cent to $601 million with click-and-collect accounting for 55 per cent of online sales — surging 73 per cent to $332 million.

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How Kids Foot Locker Plays Well with Gen Alpha

Retail TouchPoints

Social platforms and the metaverse have given Gen Alpha a new way to share their voice, their creativity and their identities with the world. Kids Foot Locker sees this as an incredible opportunity to amplify and engage with its target audience. During this episode of Experience Insiders, Jill Feldman, VP and General Manager of Kids FootLocker shares how the evolution of Gen Alpha is inspiring new approaches to customer engagement, Back-to-School marketing and even the in-store experience.

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Woolworths MD of B2B & Everyday Needs Claire Peters resigns

Inside Retail

Claire Peters, Woolworths’ MD of B2B & Everyday Needs, has resigned to take up a new role with Amazon in the US. Peters joined Woolworths as MD of supermarkets in 2017, before taking on her current role in 2020. She will leave the company at the end of this year to relocate to Seattle, Washington, to take up the role of VP worldwide at Amazon Fresh.

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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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Sparked by Pandemic Stresses, Unionizing Workers Seek Respect and a Place at the Table

Retail TouchPoints

While only a small number of retail stores have unionized, the growing popularity of the movement may herald of what’s to come. More than two-thirds ( 68% ) of Americans approve of unions, the highest level in half a century, according to a Gallup poll. Overall union participation has remained steady in the past several years, but positive perception of unions is steadily growing from its nadir in the late 2000s.

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Temple and Webster CEO Mark Coulter reveals growth strategy

Inside Retail

Pureplay furniture business Temple and Webster ended yesterday’s trade with shares almost 30 per cent up after showing a strong full-year result. The business’ revenue rose to $426.3 million, up 31 per cent on FY21 and 142 per cent on FY20. However, its net profit before tax fell 31 per cent compared to last year to $13.2 million, though it remained ahead of FY20.

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Amazon air hub workers walk off the job

Retail Wire

Workers at Amazon.com’s air hub in San Bernardino, CA. walked off the job in protest over working conditions and pay. The action, which involved at least 74 workers and possibly more than 150, included some demanding an end to “retaliation at the warehouse” against employees who support unionizing. The facility employs 1,500 workers.

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Ecommerce Personalization in the Age of Consumer Data Privacy

Retail TouchPoints

Optimized personalization is a necessary tenet of any ecommerce brand that aims to stand out. The importance of winning loyal customers depends on one-to-one customer personalization and engagement based on customers’ behavior and intent. As the benefits of personalization become more apparent, the rise in data privacy concerns and their impact on organizations are beginning to take center stage.

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Walmart gains market share as sales and profits increase

Retail Wire

Walmart reported improvements in sales and profits in the second quarter leading to market share gains in grocery and other categories. U.S. same-store sales increased 6.5 percent during the quarter as Walmart posted earnings of $1.77 per share, ahead of the $1.62 expected by analysts.

Marketing 130
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Walmart Adds Streaming to Walmart+ Membership With Paramount+ Partnership

Retail TouchPoints

Walmart is further enhancing the value of a Walmart+ membership with the addition of a Paramount+ Essential subscription at no extra cost. The plan will give Walmart+ members access to Paramount’s streaming service, which includes shows, movies and live sports. The price of Walmart+ will remain $98 annually or $12.95 per month. “We know Walmart+ is providing members real value in their every day – from grocery shopping to filling up their tank and more,” said Chris Cracchiolo, SVP and General Ma

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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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Automation retrofits help older warehouses keep up with increasing demand

Inside Retail

Some operators with older warehouses may feel left behind by new waves of warehouse technology. Robotic material handling systems, such as pallet shuttles and goods-to-person Automated Storage and Retrieval Systems (ASRS), are proliferating because they are ideally suited to meet the needs of today’s warehouses. Offering exceptional storage density, high throughput, enhanced sustainability and improved accuracy and productivity, these systems are helping warehouse operators and supply chain mana

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Optimize and secure transit fleet management with visibility to connected devices and secure remote access

Cisco Retail

Children have been singing “The wheels on the bus go round and round” since 1939. What’s new today is the tech that keeps those wheels rolling safely and on schedule. Transit fleet operators work towards achieving on-time performance and vehicle reliability in order to attain safety, cost, and ridership goals. That requires deploying new technologies to improve operational efficiency and predictability.

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Change of heart: Ted Baker sold for £211 million

Inside Retail

Reebok owner, Authentic Brands Group (ABG), is set to reveal a £200 million deal to buy London-based fashion brand Ted Baker – just two months after it withdrew an offer in June. Citing sources, SkyNews reports the acquisition – if it proceeds – would see the price cut from ABG’s initial offer of £300 million in May. Ted Baker chose ABG as the preferred bidder for its exclusive negotiations in May.

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Announcing MuleSoft CloudHub 2.0

Mulesoft

MuleSoft is excited to announce MuleSoft Cloudhub 2.0, a simplified experience to deploy and run MuleSoft applications in the cloud. CloudHub 2.0 is a fully managed, containerized managed cloud service, where you can deploy and run MuleSoft applications. MuleSoft CloudHub 2.0 At MuleSoft CONNECT 2022, we announced CloudHub 2.0. This new release builds on the […].

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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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Haydenshapes unveils new fashion offering, online

Inside Retail

Surfboard label Haydenshapes has expanded its fashion offering by launching a ready-to-wear 35-piece capsule collection titled Acetone. Founded by Australian surfer-turned-designer Hayden Cox, the new range features men’s pieces like jersey staples, adaptable outerwear and technical men’s swimwear leaning into Haydenshapes’s core designs and approach.

Fashion 130
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More than two million baby swings recalled over strangulation risk

Retail Wire

More than two million MamaRoo infant swings and 220,000 RockaRoo rockers have been recalled over reports that babies have gotten entangled in the straps of the devices. Gary Waters, CEO of 4moms, the company that makes the products, said it is committed “to the highest quality and safety standards.”.

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The Iconic helps customers resell past orders, with AirRobe

Inside Retail

Online fashion and lifestyle marketplace, The Iconic has unveiled a new feature that allows customers to resell their past purchases in partnership with re-sale platform AirRobe. Previously, customers could only add new purchases from the marketplace on AirRobe with an option upon checkout. The new “add past order” feature allows users to rent, resell or recycle their previous purchases with one click.

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Dollar General faces $1.3 million in fines for workplace safety violations

Retail Wire

Inspectors from the Occupational Safety and Health Administration found blocked exit routes and other violations that pose a potential threat to the safety of workers at three Dollar General stores in Georgia. The U.S. Department of Labor has proposed fines of almost $1.3 million for the violations. “Dollar General continues to demonstrate a willful pattern of ignoring hazardous working conditions and a disregard for the well-being of its employees,” said Doug Parker, assistant secretary f

ATS 100
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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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FTC Sues Importer of LED Bulbs and COVID-19 PPE for “Made in USA” Violations

Hunton Andrews Kurth

The FTC, through the Department of Justice, has entered a settlement with two companies and the joint corporate President for falsely claiming that the LED lighting products and personal protective equipment (PPE) they sold were “Assembled in the USA,” “Buy American Act Compliant,” “Manufactured in the USA” and “100% Made in the USA,” despite having been imported from China.

Marketing 110
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Oil prices fall as Chinese economy slows down

Retail Wire

World oil prices fell 4.6 percent after China’s central bank issued a rate cut in an attempt to heat up the nation’s domestic economy. Lower oil and gas prices may benefit the U.S. in the short-term, but a slowing of the Chinese economy raises concerns about a global recession.

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Kraus-Anderson Completes Scheels Store at Dakota Square Mall in North Dakota

Shopping Center

Minot, N.D. — Kraus-Anderson has completed construction of a 110,000-square-foot Scheels store at Dakota Square Mall in Minot. Designed by R.L. Engrebretson Architecture, the $20.6 million project involved the remodeling of an 85,000-square-foot former Sears store combined with a 25,000-square-foot space… The post Kraus-Anderson Completes Scheels Store at Dakota Square Mall in North Dakota appeared first on Shopping Center Business.

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Authentic Brands to buy Ted Baker for $254 million

Retail Wire

Authentic Brands Group, which owns a large portfolio of consumer brands and retailers including Forever 21, Juicy Couture and Reebok, has reached a deal to acquire Ted Baker, the U.K fashion chain. “We are excited to build on the brand’s global foundation through a business model focused on licensing, wholesale, retail, digital and strategic marketing partnerships,” said ABG founder and CEO Jamie Salter.

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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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Diesel Price Down for 8th Week in a Row, Remains Historically High

Small Biz Trends

The weekly national average price for a gallon of diesel fell by a little over 10 cents in the past week reaching $5.021, according to the American Automobile Association (AAA). However, retail diesel prices remain high indicating a long road ahead for diesel prices to start stabilizing. Diesel Price Down, but Remains High. The current average gallon of diesel fuel remains 50 cents lower than a month ago and close to $2 more than this time last year which was $3.297.

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Walmart+ members to get Paramount+ streaming as a perk

Retail Wire

Walmart has reached a deal to offer Paramount+ streaming programs to Walmart+ members at no additional charge to their annual or monthly subscription fees. The offer, which begins in April, will allow Walmart+ members to view programs that are part of Paramount+ Essential Plan, which includes ads and original programming such as “Star Trek: Strange New Worlds” and “1883.

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Reebok owner Authentic Brands Group strikes deal to acquire Ted Baker

Retail Dive

ABG wants to separate Ted Baker into an IP holding company and one or more operating companies that would manage the brand’s retail, e-commerce and wholesale operations.

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Construction pros lifted Home Depot’s 2Q results

Retail Wire

Home Depot’s same-store sales rose 5.8 percent in the second quarter, above the 4.9 percent expected by Wall Street, on the strength of its business with construction industry professionals. Higher product prices drove the average transaction up nine percent, even as transactions fell three percent during the quarter. Earnings per share came in at $5.05, better than the $4.94 consensus among analysts.

ATS 100
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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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What Is Cybersecurity?

Small Biz Trends

As the world and businesses continue to get connected through the internet spurring innovations both individuals and businesses are understanding the need for cybersecurity to protect their sensitive and valuable data, from hackers and prying eyes. According to cybersecurity analysts, global cybercrime costs will grow by 15 percent every year for the next five years, reaching $10.5 trillion annually by 2025 – this is up from $3 trillion in 2015.

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5 Reasons Why Trade Shows Can Be Valuable for Product Startups

Retail Bound

Trade shows may seem like an outdated experience, but they still are essential for building your brand and business especially if you are a product startup. These industry-specific events provide valuable face time for companies around the world, and offer the chance to connect with high-profile press contacts, potential partners, and other businesses.

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DoorDash Offering $10,000 Business Grants to Restaurants

Small Biz Trends

DoorDash and Hello Alice are launching a new round of grant funding for restaurants that have experienced natural disasters. The Restaurant Disaster Relief Fund offers grants of $10,000 to restaurants impacted by fires, floods, and hurricanes to aid in recovery efforts. About the DoorDash Restaurant Disaster Relief Fund. DoorDash initially launched the program back in November 2021 to support restaurants suffering from Hurricane Ida and last year’s California Wildfires.

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Survey: Nearly three-fourths of footwear spend occurs online

Retail Dive

More than two-thirds of online footwear customers seek user-generated photos and videos when they shop, according to PowerReviews research.

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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.