Wed.Aug 24, 2022

article thumbnail

Qurate Retail Group Appoints Interim CFO, Creates Chief Transformation Officer Role

Retail TouchPoints

Qurate Retail Group has appointed James Hathaway as interim CFO following the resignation of former financial chief Jeffrey A. Davis. The parent company of brands such as QVC , HSN and Zulily also has created a new Chief Transformation Officer role and promoted William Hunter, currently SVP of Business Transformation and Shared Services, to the post.

Finance 302
article thumbnail

King Living open European flagship on Tottenham Court Road

Retail Focus

Australian furniture brand King Living lands amongst homeware flagships; bringing their cool, contemporary and authenticity to Europe for the first time. Designed by Barber’s team on the ground in London; King Living came to Barber Design for their reputation and deep knowledge in the retail design sector. After several online meetings and being initiated into the brand virtually- due to the pandemic- Barber learned about the King Living brand and their unique family-led approach.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opterus Helps Retailers Access Relevant Data from POS and Workforce Management Systems

Retail TouchPoints

Communications and task management solution provider Opterus has launched OPSEngine, a packaged set of APIs designed to provide retailers access to all of the OPSCENTER cloud solution’s features through a seamless integration into brands’ internal systems. OPSCENTER is a multi-modular solution created to help retailers manage and execute store tasks and communications.

article thumbnail

Retail Food Group profit rises despite trading difficulties

Inside Retail

Multibrand food chain franchisor Retail Food Group (RFG) says tax-paid profit increased more than threefold to $5.3 million despite a challenging trading environment. . The company owns and operates Gloria Jean’s, Crust Gourmet Pizza, Donut King, Brumby’s Bakery, Cafe2U Michel’s Patisserie, Pizza Capers and The Coffee Guy. Earnings before income and taxes rose 4.6 per cent to $17.3 million while same-store sales grew 2.3 per cent compared to the previous year.

ATS 264
article thumbnail

A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

article thumbnail

Ahead of the Holidays, Here’s What Ecommerce can Learn from Self-Checkout Shortcomings

Retail TouchPoints

As ecommerce has become a part of everyday life, customers have felt empowered to take control of their checkout experiences both in-store and at home. A recent study found shoppers of all demographics are warming up to the idea of self-checkout, seeing it as a faster option that eliminates the need to wait in line. However, that doesn’t mean it’s without its drawbacks.

Checkout 289
article thumbnail

How to support shoppers during the rising cost of living issue

Tokinomo

We’ve talked about the most pressing challenges grocers are facing at the moment in our latest expert round-up. One of those issues was the rising inflation which is cousins the cost of living to increase fast.

Grocer 246

More Trending

article thumbnail

Booming e-commerce bolsters Woolworths top line in ‘challenging’ year

Inside Retail

Woolworths Group boosted its sales by 9.2 per cent to $60.85 billion last financial year, with e-commerce revenues up 39 per cent to $6.26 billion. . In its results announcement for the year to June released today, the grocery retailer reported EBIT of $2.69 billion, down 2.7 per cent year on year, and a net profit attributable to shareholders of $1.514 billion, up $10 million on year.

article thumbnail

Slurpees, T-Shirts and Car Accessories: 7-Eleven Launches Merchandise Site

Retail TouchPoints

7-Eleven has launched the 7Collection site, giving the retailer’s customers and fans a place to purchase apparel, travel mugs, graphic T-shirts and a wide range of memorabilia. For its first seven days of operation, shoppers will receive an 11% discount by using the 7Collection11 code. The convenience store giant is kicking off the online shop with two product drops: The Cars of 7-Eleven Collection , including apparel, trucker hats, car decals and the iconic coffee-scented air freshener that deb

article thumbnail

Woolworths flags concerns across supply chain, customer experience

Inside Retail

Despite group net profit hitting $1.5 billion in FY22 , Woolworths conceded this week that the result landed below its aspirations for the year. . All of Woolworths’ brands stayed relatively flat, with Australian food sales up 4.5 per cent, New Zealand food up 6.6 per cent, and Big W down 3.3 per cent. The business’ Australian B2B arm, however, saw sales more than triple to $3.9 billion, far ahead of the $1.2 billion seen last year, due to the integration of PFD Foods into the Woolworths ecosyst

article thumbnail

Cisco Talos — Our not-so-secret threat intel advantage

Cisco Retail

Security tools are only as good as the intelligence and expertise that feeds them. We’re very fortunate to have our security technologies powered by Cisco Talos , one of the largest and most trusted threat intelligence groups in the world. Talos is comprised of highly skilled researchers, analysts, and engineers who provide industry-leading visibility, actionable intelligence, and vulnerability research to protect both our customers and the internet at large.

article thumbnail

Humans + Agents = Rethinking Enterprise Commerce with AI

AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran

article thumbnail

Surging travel demand restores profit for Flight Centre in fourth quarter

Inside Retail

The speed with which New Zealanders and Australians have resumed international travel has caught trans-Tasman travel company Flight Centre Group by surprise. “We were confident the demand for travel would eventually come back post-Covid, but I don’t think anyone could have predicted the pace at which it has rebounded since borders have re-opened around the world,” said NZ MD David Coombes.

Returns 130
article thumbnail

Cisco Software-Defined Access for Industry Verticals

Cisco Retail

Overview. Cisco Software-Defined Access (SD-Access) is the evolution from traditional campus designs to networks that directly implement the intent of an organization. SD-Access is a software application running on Cisco DNA Center hardware that automates wired and wireless campus networks with LISP as the control plane and VXLAN for encapsulation. Fabric technology, an integral part of SD-Access, provides wired and wireless campus networks with programmable overlays and easy-to-deploy network v

Finance 143
article thumbnail

Rising star of the week: Natalie Kudiwa, Temple & Webster

Inside Retail

Earlier this year, we launched our first Rising Stars of Retail report in the May issue of Inside Retail Australia ’s quarterly magazine, a special feature highlighting some of the great under-the-radar talent in the industry from a wide range of departments. Each week, we will publish interviews with the inspiring people listed in the feature, where they reveal what motivates them, the work that they’re most proud of and the challenges that they’ve overcome.

article thumbnail

Rise of the Open NOS

Cisco Retail

Aravind Srikumar (Director, Product Management). Deepti Chandra (Sr. Manager, Product Management). Open networking Innovations are largely driven by an industry need to protect network platform investments, maximize supply chain diversification, reduce operating costs, and build a homogenous operational and management framework that can be consistently applied across platforms running standardized software.

article thumbnail

5 Tips for a Winning Category Management Strategy in 2025

Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.

article thumbnail

Coles signals FY23 to be a year of investment and inflation

Inside Retail

With Australians beginning to feel the one-two punch of rising food prices and disrupted supply chains, shopper behaviour is changing, with more customers opting for cheaper, homebrand products, according to CEO Steven Cain. The business unveiled its FY22 performance on Wednesday morning, and said sales and earnings remained flat on a year prior and net profit edged 4.3 per cent higher to $1.04 billion.

article thumbnail

VDI to GPU Accelerated VDI – Cisco UCS X-Series with X-Fabric Technology

Cisco Retail

One thing that surprises many in IT is how much of a difference a GPU makes for VDI. Lakeside Software ’s white paper How GPUs Accelerate Work-From-Home Productivity has some interesting statistics. One key point is that in 2020, the percentage of time using graphical apps reached 65.5% for VDI users. This means that any worker type will benefit from GPU-accelerated VDI, not just users using applications like CAD/CAM.

131
131
article thumbnail

The Commerce Shifts Giving Power to Consumers

Retail Focus

The commerce industry never stays still for too long. But in recent years, the rate of change has become more profound and significant than in times gone by. Ecommerce has become more widely available and accepted and, in the process, has given plenty of benefits to consumers. Most of this has to do with the level of information available online, and as a result of market competition.

Consumer 130
article thumbnail

AI answers phones and books restaurant reservations

Retail Wire

A growing number of restaurant operators are using artificial intelligence technology to answer phone calls at a time when many businesses are short-staffed. Sixty-five percent of restaurant operators say they don’t have enough employees to meet customer demand, according to a recent survey by the National Restaurant Association.

ATS 130
article thumbnail

Cut Costs & Complexity: Smarter Fulfillment for Home, Furniture & DIY Brands

Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.

article thumbnail

More than Slurpees: 7-Eleven embraces beach vibes, robots and fashion

Inside Retail

7-Eleven may be known for its Slurpees and speedy service, but it’s also a business that has experimented with Instagrammable new store formats, fun new services and exclusive products. In fact, that’s the reason that it made Inside Retail Asia’s Coolest Retailers list this year. Founded in 1927 in Texas and owned by Japanese retail group Seven & I, 7-Eleven showed the world how convenience in shopping was done.

Fashion 130
article thumbnail

Amazon may have a tough new competitor on its way

Retail Wire

The Chinese e-commerce company, Pinduoduo, is looking to repeat the success that Sein has enjoyed in the U.S. The cross-border platform plans to bring its combination of social and video-game elements to online shopping. “Shein and Pinduoduo do have a lot in common, since while PDD had great hacks for growing the demand side, what it really figured out was how to take advantage of the supply side,” Rui Ma, China tech analyst and host of the Tech Buzz China podcast, wrote on Twitter.

Fashion 130
article thumbnail

Analysis: Why CX is the Rx for metaverse success

Inside Retail

Barely a day goes by now when the metaverse isn’t making headlines. From wild invention s including tactile gloves, to AR wristband sensors and cybershoes, the metaverse is a show-stopping attention grabber. For some, it’s a dazzling new world of seemingly limitless innovation and opportunity. For others, it’s a confusing and terrifying array of ambiguous concepts and remote, imagined realities.

article thumbnail

Nordstrom cuts its forecast under the weight of excess inventory

Retail Wire

Nordstrom cuts its full-year financial forecast as the retailer looks to move excess inventory at a time of slowing demand. “Customer traffic and demand decelerated significantly beginning in late June, predominantly at Nordstrom Rack,” Nordstrom CEO Erik Nordstrom said. “We are adjusting our plans and taking action to navigate this dynamic in the short term, including aligning inventory and expenses to recent trends.”.

Planning 130
article thumbnail

What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

article thumbnail

Richemont sells controlling stake in Yoox Net-a-Porter, takes US$2.7bn hit

Inside Retail

Luxury fashion group Richemont has sold a controlling stake in loss-making online fashion retailer Yoox Net-a-Porter (YNAP), paving the way for a potential takeover by rival Farfetch in the future. Richemont says it sold a 47.5 per cent stake in the business to Farfetch and a 3.2 per cent stake to Middle East investment firm Symphony Global. The Swiss company bought 95 per cent of YNAP in 2018, and will retain 44.3 per cent – at least for now.

article thumbnail

Mid-year checkup: What retail execs are saying about inflation, inventory and more

Retail Dive

In Q2, retailers touted “aggressive” actions to mitigate hurdles and prepare for the holidays. Will that be enough?

122
122
article thumbnail

Three Simple Ways to Get Customers to Trust You

Hyken

Think of the brands or companies you enjoy doing business with the most. What is it that makes you want to come back? Here are a few possible reasons: . The product does what it is supposed to do. . They have great customer service. . They provide a great overall customer experience. . You like the employees. . The salesperson is knowledgeable and helpful. .

article thumbnail

Shoppers await price hikes, seek discounts ahead of the holidays: survey

Retail Dive

Consumers say they are stressed about purchasing gifts due to inflation, and 56% want to buy during sales events like Labor Day and Black Friday.

Consumer 111
article thumbnail

State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

article thumbnail

eBay to Acquire TCG Player in Bid to Dominate Trading Card Seller Market

Small Biz Trends

It has been announced that the global commerce leader eBay has entered into an agreement to acquire TCGplayer, a collectible card marketplace. eBay to Acquire TCG Player in Bid to Dominate Trading Card Seller Market. TCGplayer originated in hobby stores before growing into an expansive ecommerce platform that develops applications and inventory management tools, as well as hardware such as robotic sorting machines that have revolutionized the collectibles industry.

Marketing 110
article thumbnail

As others battle inflation, Dick’s says its shopper is ‘holding up very well’

Retail Dive

The sporting goods retailer sounded a positive note on several issues challenging the rest of the industry, including inventory and labor.

article thumbnail

Rent has increased for 17 straight months

Retail Wire

Median residential rent in the U.S. hit a record high of $1,879 a month in July, up 12.3 percent year-over-year, according to Realtor.com. Rents in the U.S. have gone up for 17 straight months. “Whether in a downtown area or suburb, staying put or making a change, renters are stuck between a rock and a hard place when it comes to affordability,” said Danielle Hale, Realtor.com’s chief economist.

100
100
article thumbnail

Peloton starts selling on Amazon in a shift away from DTC

Retail Dive

It's the first time the at-home fitness company has sold products outside of its own channels, and comes amid financial stumbles and inflationary pressure.

ATS 105
article thumbnail

SEO vs. PPC: Which Strategy Is Best for Your Business?

When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.