Thu.May 05, 2022

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Home Depot Launches $150M VC Fund to Fuel Retail and Home Improvement Innovation

Retail TouchPoints

The Home Depot has introduced Home Depot Ventures, a $150 million venture capital fund designed for early-stage companies aiming to improve the customer experience and shape the future of home improvement. “With Home Depot Ventures, we’re lending our support and expertise to enable rapid scale of innovation,” said Richard McPhail, EVP and CFO at The Home Depot in a statement.

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Buyer sought after Send collapses into administration

Inside Retail

A grocery delivery app that was founded in the midst of the Covid-19 pandemic has collapsed into voluntary administration. Send offered grocery deliveries in under 10 minutes to 46,000 registered users, with an estimated 300 employees working for the company from 13 sties and several dark grocery stores in Sydney and Melbourne. The company entered voluntary administration on Tuesday, May 3, with administrators Matthew Kucianski and Matthew Jess of Worrells appointed to the company.

Finance 258
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Torrid Appoints Retail Veteran as New CEO

Retail TouchPoints

Torrid has appointed Lisa Harper as its new CEO, as current CEO Liz Muñoz steps into a newly created position as Chief Creative Officer (CCO) at the apparel retailer that serves women sizes 10 to 30. The change at the top comes amid a number of leadership shifts taking effect immediately. Tanner MacDiarmid has been appointed as Interim CFO, following the retirement of former CFO George Wehlitz at the end of April 2022.

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Hamleys unveil brand new gaming offering

Retail Focus

Imagine being able to play the very best in video gaming, with state of the art technology, whenever you want, solo or in a party, learn tips and techniques from gaming experts, experience gaming challenges and then take home the top rated tech and accessories from leading brands. Now you can, as Hamleys Regent Street unveil its newest retail space dedicated to Gaming.

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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.

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How Retailers Can Satisfy Demand for Instant Gratification

Retail TouchPoints

During the COVID-19 pandemic, homebound consumers became digital-first natives as they turned to self-service channels to manage their lives and satisfy their shopping needs. And while a digital transformation was already underway, the past two years were a tipping point that heightened consumer expectations for instant gratification and digital self-service.

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Driving demand with data: a recovery roadmap for retailers

Inside Retail

Amid ongoing global uncertainty, it’s time to go deeper with data through programmatic. After two years of immense disruption, cost-effective customer acquisition is a challenge, particularly given decreasing retention and loyalty and an upsurge in ‘switching’ among consumers. Shoppers are using a multi-channel approach to satisfy their needs – and this seismic shift, from both a consumer as well as a marketing perspective, has seen a huge increase in competition across every marketing channel i

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Ten outlandish shop interiors that reimagine the retail experience

Dezeen

A pink furry fashion boutique, a cosmetics store styled like a 1970s office and a streetwear outlet adorned with a chandelier of Nike trainers feature in this roundup of weird and wonderful retail interiors. The past year has seen a growing trend for over-the-top shop interiors, from stores containing surreal sculptures and installations to those masquerading as something else entirely.

Shopping 145
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Target Creates Chief Guest Experience Officer Role as it Expands Senior Leadership Team

Retail TouchPoints

Target has named Cara Sylvester to the newly-created role of EVP and Chief Guest Experience Officer. She which will lead the strategic development of Target’s customer experience both in-store and online, reporting directly to CEO Brian Cornell. Target also expanded its leadership team with other promotions and expanded the duties of the Chief Growth Officer position.

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Announcing the public availability of the Cisco Cloud Controls Framework (CCF)

Cisco Retail

Customers globally are requesting – and often requiring – SaaS providers to demonstrate their commitment to security, availability, confidentiality, and privacy. While attaining global security certifications has become table-stakes for many to do business, it’s no easy feat. Many organizations struggle to keep pace with this resource- and time-intensive process.

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Vera Bradley Names Chief Growth Officer to Drive Pura Vida’s Next Stage of Development

Retail TouchPoints

Vera Bradley has appointed retail veteran Lockie Andrews to the newly created post of Chief Growth Officer (CGO) for the Pura Vida lifestyle accessories brand, in which it has a 75% stake. Andrews will join the digitally native brand’s Co-founders Griffin Thall and Paul Goodman in leading Pura Vida to the next level of growth, with plans for new performance-based marketing initiatives, the launch of new sales channels and category expansion.

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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

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The future of healthcare is here and Wi-Fi 6E is accelerating its advancement

Cisco Retail

Healthcare IT leaders are working hard to change the way they support their wireless networks. It’s an ever-complicated landscape with new device types being added regularly; everything from telemedicine consoles, guest devices and connected healthcare equipment to sensors and more. This proliferation of devices is driving a dramatic increase in attached rates as well as the amount of data carried over the network.

Location 145
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Retail appointments of the week

Inside Retail

Dan Murphy’s MD to seek new Endeavour in the UK. Dan Murphy’s MD Alex Freudmann has resigned from the role to return home to his native UK with his family. Steve Donohue, MD & CEO of parent Endeavour Group, announced Freudmann’s decision today but he will remain in the role for six months while a replacement is found and a transition completed. Freudmann joined the business at the end of 2019 and played “an integral role” in the business’ success during his tenure, Donohue said.

Marketing 130
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Inspiration Through Stories of Accomplishment

Cisco Retail

As the Vice President of the Learning and Certifications organization at Cisco, I have the privilege of hearing amazing success stories and stories of people changing their lives and careers via Cisco training and exams. I am able to see, firsthand, how learning, certifications, and being Cisco certified have helped thousands of people in the tech industry transform their careers.

Marketing 144
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Analysis: Welcome to the new grocery

Inside Retail

The Covid-19 pandemic and its associated lockdowns and changes to consumer sentiment have had an obvious impact on all retail sectors. Some segments, like CBD stores and dine-in restaurants, have experienced extremely challenging times and still have not fully recovered. Others, like homewares, have experienced strong and sustained growth. The grocery sector has had a mixed experience.

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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.

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Walgreens announces three c-suite hires

Retail Wire

Walgreens has named a new chief marketing officer, a new chief merchandising officer and a chief product officer. Linh Peters, the former global CMO of Calvin Klein, is Walgreens new chief marketer. Luke Rauch, who was chief of staff to Walgreens Boots Alliance CEO Rod Brewer, has been promoted to chief merchandising office, and Walmart e-commerce executive Bala Visalatha was hired as the first chief product officer at the drugstore chain.

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How Coles’ in-school supermarket teaches kids with disabilities life skills

Inside Retail

One-in-five Australians live with a disability, most of whom will struggle to find meaningful work. According to the Australian Bureau of Statistics, only 53 per cent of people living with a disability participate in the workforce, compared to 84 per cent of able-bodied people. Working with St Lucy’s School in Wahroonga, New South Wales, supermarket Coles is hoping to change that.

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Lots of retirees are going back to work

Retail Wire

About 1.5 million retired people have reentered the workforce, according to an analysis of Labor Department data by an economist at Indeed. Many retirees are returning as wages grow, concerns about the novel coronavirus pandemic fade and cost of food and fuel increase.

Returns 130
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Alquemie Group snaps up General Pants Co – and its CEO

Inside Retail

Australian casual youth apparel retailer General Pants Co has been bought by Alquemie Group, the retail investment platform of private-equity company Acta Capital. . General Pants Co CEO Sacha Laing will take on the role of group CEO at Alquemie and current shareholders including Victor Smorgon Group, Phil Staub and Jackie Vidor, have agreed to reinvest “a significant portion of their proceeds” into Alquemie, the company said in a statement.

Apparel 130
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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.

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Lego Group to triple size of digital team

Retail Dive

The toy maker is expanding its digital efforts in what it is calling "one of the single largest investments the Lego Group will make in a generation.

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E-commerce pioneer Mark Coulter on diversity, innovation and growth

Inside Retail

Inside Retail’s Top 50 People in E-Commerce is an annual ranking of the most impressive and inspiring leaders in Australia’s online retail industry. Our 2022 report features C-level executives with decades of leadership experience, alongside start-up founders and digital specialists with a wide range of skills, from marketing to logistics. You can download it here.

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Target focuses on customer experience, supply chain in latest leadership shuffle

Retail Dive

The mass merchant is operating from a position of strength, but is also likely realizing it must look harder for growth opportunities.

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‘Little veins of gold’: How Tony Nash plans to grow Booktopia

Inside Retail

After 18 years at the helm of Booktopia, Tony Nash is gearing up for a new role as the company’s first-ever chief growth officer. But despite having served as CEO since 2004, he insists the transition will largely be business as usual. “It wasn’t a big decision in my opinion because over the last 18 years I have mostly focused on growth,” he told Inside Retail.

Planning 130
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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.

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How to Create an Email Signature in Canva

Small Biz Trends

Although they don’t tend to get a lot of attention, the importance of email signatures cannot be underestimated. From providing useful links to crucial information, email signatures play an important role in communication. Considering the importance of customizing email signatures, tools like Canva help businesses in many ways. What is an Email Signature?

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Temple & Webster expands into home renovation sector 

Inside Retail

Temple & Webster has launched The Build – an online edit of DIY, renovation, and home improvement goods. Temple & Webster said The Build is part of a plan to expand the business since this new platform offers “a first-stop shop for everything they need to renovate and redecorate their homes” “The Build will stand for the same core values as Temple & Webster – an amazing and comprehensive range, paired with great customer service and a source of practical advice and inspiration,

Outdoor 130
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Amazon Ends Alexa.com Site

Small Biz Trends

Amazon as of May 1, 2022, has retired the Alexa.com site, the service that provides web traffic analysis. Amazon the e-commerce giant acquired Alexa in 1999 and has since provided web traffic data, global rankings, and other information on over 30 million websites. Amazon Retires Alexa.com. For decades businesses and individuals had used Alexa to conduct an in-depth examination of web events.

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Hugo Boss thrives as it successfully connects with Gen Z

Inside Retail

Hugo Boss has recorded a 17-per-cent increase in first-quarter sales over pre-pandemic levels, reflecting what one analyst describes as a “well-executed rebranding strategy”. Currency-adjusted sales rose to US$820 million (€772 million), driven by the German luxury brand’s key markets of Europe and the Americas, which grew 21 per cent and 17 per cent respectively against the first quarter of the 2019 financial year.

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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.

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Savage X Fenty plans 6 more stores

Retail Dive

The lingerie brand opened its first store in January, followed by four others. Now, the company plans to more than double that footprint.

Planning 105
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Unemployment claims ticked up last week

Retail Wire

The number of Americans filing first-time unemployment claims increased last week by 19,000 to 200,000 overall. Applications for unemployment have remained relatively low with fewer than 225,000 applications per week for most of the year to date.

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Packing Peanuts for Your Business Shipping Needs

Small Biz Trends

Did you know that packing peanuts have been around for more than half a century? Well, no packing material is more iconic than packing peanuts. This weightless, spongy box filler is a packing staple. Traditional foam peanuts are made of polystyrene, also commonly referred to as Styrofoam. The peanut foam interlocks within a package, filling in the gaps to provide padding, compression, and support during transit, without adding significant weight to the package.

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Mother’s Day spending to increase 13 percent

Retail Wire

Mother’s Day spending is expect to increase 13 percent year-over-year to $31.7 billion, accordant to a new survey from the National Retail Federation and Prosper Insights & Analytics. Average consumer spending is expected to grow 11 percent over last year.

Consumer 100
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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.