Inside Retail

FEBRUARY 22, 2022

Aldi Corner Store in North Sydney has debuted a first of a kind pizza-making robot vending machine, dubbed Pizzabot. The collaboration with Bondi startup Placer Robotics, will serve restaurant-grade pizzas in two minutes for a limited time. The vending machine is designed and manufactured in Australia. Huw Longman, director of Aldi Corner Store commented: “We understand our shoppers are motivated by quality, value and supporting local.

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Retail TouchPoints

FEBRUARY 22, 2022

What do you want to be when you grow up? If you’re a brand currently selling via FBA on Amazon, the answer is probably: a lot bigger. While running a company out of your living room can be a lot of fun initially, the end goal for most entrepreneurs is to build a well-established, well-recognized organization. If you own a brand, you have plenty of options for growth.

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Advertising Management Marketing Planning 344

Inside Retail

FEBRUARY 22, 2022

With Omicron waning out, Melbourne CBD is launching an additional 20 new stores in the coming months in order to revive its retail wing. This comes after last year’s expansion which added 20 new stores to the precinct. Melbourne Central is home to 12 international renowned flagships: with the highly anticipated Lego store, the largest in the southern hemisphere, set to open in the coming months. .

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Management Department Stores Marketing 299

Retail TouchPoints

FEBRUARY 22, 2022

Following better-than-expected Q4 and full-year 2021 results, the Macy’s, Inc. Board of Directors announced that the company’s ecommerce operations will remain integrated within the larger business, not spun off into a separate company. . Activist investor Jana Partners took a stake in Macy’s in October 2021 and pushed the company to separate its ecommerce business from its brick-and-mortar operations.

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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.

Checkout

Inside Retail

FEBRUARY 22, 2022

Bluethumb, Australia’s largest online art retailer, is launching a new standalone website for digital art, where customers will be able to purchase still images, videos, and animations from some of the country’s leading digital artists as NFTs (non-fungible tokens). The website, Bluethumb Digital, is designed to attract crypto converts and more traditional art collectors alike, with payments accepted via Ether (the native cryptocurrency on the Ethereum blockchain) and credit card.

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Retail TouchPoints

FEBRUARY 22, 2022

Walmart is pushing further into apparel, with spring collections for its Free Assembly and Scoop private labels and the launch of Fielder, the first new Bonobos product line in 15 years. The portfolio expansions follow a successful quarter in which the retailer’s apparel business “really stood out,” President and CEO of Walmart U.S. John Furner said during a call with investors.

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Retail Wire

FEBRUARY 22, 2022

Walmart is debuting spring collections designed by Brandon Maxwell under its Free Assembly and Scoop brands. The retailer is looking to raise its fashion profile and drive higher margin purchases to balance the 60 percent of its business connected to grocery sales.

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Fashion 246

Tokinomo

FEBRUARY 22, 2022

Brick and mortar retail has grown a lot in the past few years. It adopted various technologies to keep up with the demands of shoppers, but it still relies on some traditional tools and solutions for product promotion.

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Promotions Advertising 197

Inside Retail

FEBRUARY 22, 2022

Australian food-delivery service Menulog has added more than 2200 convenience and grocery partners as demand surges. The company says it has experienced 232-per-cent growth since January last year with demand booming in suburban and regional markets as well as metro cities. Independent businesses represent 37 per cent of Menulog’s grocery and convenience partners.

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Supermarket Planning Consumer Marketing 130

Retail Wire

FEBRUARY 22, 2022

Senator Chuck Schumer has called on the U.S. Department of Agriculture to increase its vigilance after cases of the highly contagious avian influenza were found in private and commercial flocks of birds in multiple states. “They (USDA)should make sure that it doesn’t spread. They should spread the word on education, isolate this flock that has it, and make sure it doesn’t happen.

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ATS 130

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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

Inside Retail

FEBRUARY 22, 2022

Michael Hill International has reported a 15 per cent earnings increase in its first-half results, despite losing around 20 per cent of its trading days to Covid restrictions on both sides of the Tasman and in Canada. Revenue for the first half is estimated at $327.1 million with EBIT at $51.6 million and a lift of 240bps in gross margin. Strategic investment has helped the brand boost the membership of its loyalty program to more than 1 million members, which helped boost digital-first sales by

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Marketing ATS Accessories Fashion 130

Retail Wire

FEBRUARY 22, 2022

Home Depot reported an eight percent year-over-year gain in same-store sales despite the fact that the home improvement chain has racked up solid 20 percent sales increases every quarter since the pandemic hit. The retailer’s strong performance pushed sales for the year above $150 billion.

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Inside Retail

FEBRUARY 22, 2022

Woolworths Group has reported group sales growth of 8 per cent in the half-year to January 2, reaching $31.8 billion. . However, earnings before tax and interest fell 11 per cent to $1.38 billion. Group net profit after tax on continuing operations declined by 6.5 per cent to $795 million. E-commerce sales were estimated at $3.48 billion. Across its Australian food division, total sales growth was solid at 3.4 per cent moderating over the half as restrictions eased, however EBIT fell 7.6 per cen

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Net Profit Consumer Marketing ATS 130

Cisco Retail

FEBRUARY 22, 2022

We have all heard the idiom that a picture is worth a thousand words, but I think we can also say that when it comes to the amount of data we collect a picture is often worth pages and pages of data. We are also watching the emergence of VR (Virtual Reality) being integrated into more and more applications across our lives from video games, to medical treatment and various aspects of managing technology.

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Accounting Location Planning Management 142

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

FEBRUARY 22, 2022

Surging parcels and service revenue drove a healthy increase in profit for Australia Post in the December half. With an estimated 15 million Australians under lockdown due to the Covid-19 pandemic at times during the period, there was significant migration to shopping online. Australia Post boosted revenue by 10.4 per cent to $4.8 billion, on the back of a 13.6-per-cent increase in parcel and services revenue, which reached $3.87 billion. .

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Returns Consumer Shopping Marketing 130

Retail Dive

FEBRUARY 22, 2022

When almost anything can be considered wellness, retailers have plenty of room to expand. Here's how the concept is changing what we define as beauty.

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Inside Retail

FEBRUARY 22, 2022

Scentre Group, which operates Westfield-branded shopping centres in Australia and New Zealand, says it finished last year with a leasing rate of 98.7 per cent across its portfolio. CEO Peter Allen says the company signed off 2497 lease deals, including 1090 with new merchants and added 267 new brands to its portfolio last year. The group has an interest in 41 shopping centres across the two countries.

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Returns Shopping 130

Retail Wire

FEBRUARY 22, 2022

Landlords have lost tenants during the pandemic and have found it more difficult to find other merchants to sign leases for vacant space. Doctors and dentist offices have helped fill some of the open slots as medical professional are drawn to high traffic storefronts now listed at more attractive lease terms than in the past.

ATS 100

ATS 100

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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

Inside Retail

FEBRUARY 22, 2022

Australian food-delivery service Menulog has added more than 2200 convenience and grocery partners as demand surges. The company says it has experienced 23-per-cent growth since January last year with demand booming in suburban and regional markets as well as metro cities. Independent businesses represent 37 per cent of Menulog’s grocery and convenience partners.

Supermarket 130

Supermarket Planning Consumer Marketing 130

Retail Wire

FEBRUARY 22, 2022

People who do not report to offices have fewer reasons to bring clothes to dry cleaners. As a result, many businesses have been forced to close during the pandemic. Peter Blake, executive director of the Mid-Atlantic Association of Cleaners, said that the number of dry cleaning businesses closing this year could reach between 20 and 30 percent this year.

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Inside Retail

FEBRUARY 22, 2022

The past century has seen major innovation and disruptions that have turned the world upside-down, with new ideas and industries flourishing in the post-war era and the decades that followed. More recently, the e-commerce dot.com boom (and bust) left space for new thinking and fresh approaches to the way people purchase, interact, and communicate. The almost mythological story of start-ups forming in a garage and battling it out in brainstorms and code is something that many entrepreneurs of tod

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Marketing Spend Advertising Marketing Promotions 130

Retail Wire

FEBRUARY 22, 2022

Carl Icahn is taking issue with the McDonald’s animal welfare practices, specifically as it relates to pigs. He said the company puts the animals through “unnecessary suffering” and he has nominated two directors to the company’s board that are known for ethical sourcing practices.

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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

Inside Retail

FEBRUARY 22, 2022

Yesterday, Coles announced that it had seen relatively flat sales growth of 1 per cent, and a profit dip of 2 per cent, over the first half of FY22. The figures are cycling periods of massive growth for the supermarket sector, landed well within analysts’ predictions, and showed that Coles is holding on well through the pandemic, despite supply-chain issues.

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Payment Services Supermarket Fulfillment Planning 130

Retail Wire

FEBRUARY 22, 2022

Georgia’s convenience stores see an opportunity to get into the electric vehicle charging market. They just don’t want to make the investments if, in the end, they will wind up competing head-to-head with Georgia Power. “Competing with a monopoly is one of our biggest concerns,” Angela Holland, president of the Georgia Association of Convenience Stores, last week told a state House of Representatives committee.

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Marketing 100

Inside Retail

FEBRUARY 22, 2022

Family-owned Harris Farm Markets has always been about providing premium quality food to Australians who want the best-of-both-worlds experience of a fruit and vegetable market offering in-season produce and their local providore’s fine array of meat, cheese, and accompaniments. It’s also deeply committed to sustainability across the business.

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Retail Wire

FEBRUARY 22, 2022

Macy’s Inc. announced that it has decided against spinning off its e-commerce operations despite pressure from the activist investor Jana Partners. The retailer expects to see continued improvement in 2022 after reporting fourth-quarter sales and earnings that exceeded Wall Street’s expectations.

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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.

Inside Retail

FEBRUARY 22, 2022

Best & Less Group has reported ‘robust’ trading performance during the past half-year despite losing 21.3 per cent of trading days due to government-mandated store closures. The group has reported first-half revenue of $287.5 million and net profit after tax of $16.9 million. . Although sales reduced during the first half, like-for-like revenue was stable, up by just 0.1 per cent.

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Retail Dive

FEBRUARY 22, 2022

The DOJ's Antitrust Division, in collaboration with the FBI, is taking steps to root out collusion "in industries particularly affected by supply disruptions.

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Inside Retail

FEBRUARY 22, 2022

In last month’s article, we talked about the mega factors which are driving the urgency of transformation for retail customers: Those four factors were: Rapidly increasing customer expectations for low friction/high utility interactions. Burndown Curve – retail businesses forced to invest in revenue models that they know are in atrophy because they need to maintain cash flow.

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Customer Experience Returns Management Marketing 130

Retail Dive

FEBRUARY 22, 2022

In a landscape that offers so many different options for shoppers, artificial intelligence (AI) has the potential to resolve the frictions among these groups - but can brands quickly adopt and deploy it?

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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