Thu.Jun 23, 2022

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Bed Bath & Beyond Debuts New BNPL Option and Rewards Program Across All Three Brands

Retail TouchPoints

Bed Bath & Beyond Inc. has introduced a new BNPL option, Welcome Pay, and an updated Welcome Rewards loyalty program, which will eventually replace the existing Beyond+ membership, across its Bed Bath & Beyond , buybuy BABY and Harmon brands. The launch of a common rewards program follows months of speculation that the retailer was considering a sale of buybuy BABY.

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Glue makes its South Australian debut

Inside Retail

Youth apparel retailer Glue has opened its first flagship in Adelaide’s Rundle Mall Plaza. The store’s collection features leading street, sports and fashion brands including Tommy Hilfiger, Nike, Adidas, Nude Lucy, Thrills, Polo Ralph Lauren and Carhartt WIP. Darren Todd, Glue Store’s GM of accent lifestyle, said: “It’s a perfect canvas for Glue Store to represent the best local and international brands with many being exclusive within our category.”.

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SmartSense by Digi Helps Retailers Achieve Real-Time Product Traceability

Retail TouchPoints

SmartSense by Digi uses the Internet of Things (IoT) to help protect business assets while implementing safety and compliance efficiencies. SmartSense offers real-time product traceability and assessment monitoring that enables enterprises to deliver a high-quality customer experience. The platform’s IoT Sensing-as-a-Service capabilities are designed to provide organizations with asset monitoring, digital task management and automated decisioning to ensure compliance, improve employee productivi

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FLANNELS open new luxury destination in Liverpool

Retail Focus

The latest FLANNELS opening has found a home in a building with historic fashion heritage. Over seven ?oors and 120,000 square feet, the behemoth space formerly owned by revolutionary draper Owen Owen hosts an expansive fashion offering. Open from today, 23 June, the revolutionary store brings a vast, dynamic beauty edit, four restaurants, a ‘tweakments’ destination courtesy of celebrity-approved Dr.

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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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How Ecommerce Retailers Can Prepare Now for Back-to-School 2022

Retail TouchPoints

The 2022 back-to-school (BTS) season could be the most “normal” since the start of the pandemic, with even more demand than the record-setting BTS 2021 season for clothing, classroom supplies and new technology. Last year, the average family with K-12 students spent $848 on return to school items, while families of college students spent an average of $1,200, according to the National Retail Federation.

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“We are running out of time”: Kering CEO reveals sustainability strategy

Inside Retail

At global luxury business Kering, sustainability and luxury are one of the same, and the company is well on its way to reducing its carbon footprint by 40 per cent by 2025. During the recent Global Fashion Summit in Copenhagen, Marie-Claire Daveu, Kering’s chief sustainability and institutional officer, and Bottega CEO Leo Rongone revealed Kering’s strategies towards sustainability and its vision for the future.

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More Trending

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Why killer brand culture is so much more than table tennis

Inside Retail

The world has arguably never been so topsy turvy. Even before people were all forced to work from home, employment had become unrecognisable from even just a few decades ago. Employees across all industries are driving the change relentlessly through their refusal to go back to the norm. The great resignation, as it has been coined, has caused organisations around the world to look for a competitive edge when attracting (and keeping) top talent.

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Exclusive: New ‘Reverse Influencer Marketplace’ Demonstrates Shifting Brand-Creator Dynamic

Retail TouchPoints

Influencer marketing platform Aspire has launched a new “reverse influencer marketplace” that puts creators in the driver’s seat, allowing them to reach out directly to brands and submit content for marketing campaigns. As the realm of influencer marketing evolves, creators are becoming much more sophisticated in their business practices and looking for ways to take control of the partnerships they enter and the brands they align with.

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Opinion: Can eating a chocolate bar actually help end child labour?

Inside Retail

A global pandemic. An environmental crisis. An increasingly polarised world. Currents of change are bringing to the surface movements that have been simmering away for some time. People are more aware than ever of global issues and are willing to align themselves with businesses driving positive change. In response, businesses are remodelling themselves to incorporate doing good for people and the planet.

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eBay Acquires NFT Marketplace KnownOrigin

Retail TouchPoints

eBay has acquired KnownOrigin , a UK-based non-fungible token (NFT) marketplace. Financial details of the deal were not disclosed. Founded in 2018, KnownOrigin’s technology and platform enables artists and collectors to create, buy and resell NFTs via blockchain-supported transactions. The acquisition is part of eBay’s ongoing “ tech-led reimagination ,” which has also included the debut of a digital wallet, tools to make commerce on the platform more seamless and plans for the eBay Vault, a phy

Planning 264
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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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An “abundance” of talent: Woolies skills up refugees for tech opportunities

Inside Retail

Earlier this week, the Woolworths Group announced that it is tapping people with refugee backgrounds to bring their skills into the business through a new technology-led initiative. Launched in partnership with award-winning diversity and inclusion firm Community Corporate, the ‘Refugee Digital and Technology Cadetship Program’ will bring a group of eight Iraqi and Syrian refugees through a 12-week paid program.

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Price is only one factor in private label purchasing decisions

Retail Wire

A new study by FMI-The Food Industry Association finds that price, value, quality and taste are factors involved in consumers’ decisions to purchase private label CPG products. “While we know price and out-of-stocks have led consumers to try more private brands, we’re seeing these factors aren’t the only reasons shoppers continue to purchase private brand products,” said Doug Baker, vice president of industry relations at FMI.

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Retail appointments of the week

Inside Retail

Amazon appoints company veteran to lead bricks-and-mortar business. Amazon has made two senior appointments that reflect a sharpened focus on its bricks-and-mortar business. Doug Herrington has been named CEO of Amazon’s new Worldwide Amazon Stores business, which was formerly known as Consumer, and John Felton has been named the leader of the Operations business.

Finance 130
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Retailers and brand bankruptcies may rise in 2022

Retail Wire

The retail industry went through two years during which sales were buoyed as a result of federal stimulus payments to consumers. With stimulus in the rear-view mirror and inflation on the rise, there are concerns that many weaker retailers may be forced to reorganize or shut their doors altogether. “Consumers aren’t just buying less stuff, they are shopping less, which means a loss of the impulse-shopping moments that are critical to retail growth,” said Marshal Cohen, chief retail industry advi

Consumer 130
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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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How startup Good & Fugly plans to expand the fight on food waste nationwide

Inside Retail

Direct-to-consumer fruit and vegetable subscription retailer Good & Fugly has plans to expand its service to Melbourne and Brisbane by the end of 2022, and hopes to cultivate a national footprint by the end of 2023. The business, which opened in 2020, has launched an equity crowdfunding program on Birchal in the hopes that it can bring more ‘imperfectly perfect’ produce to Australians around the country.

Planning 130
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SBA Asking for Input on COVID Grants and Loans for Small Business

Small Biz Trends

The Small business Administration (SBA) is asking for input from small businesses in a bid to gauge customer satisfaction in regards to Covid-related relief. The SBA had provided relief to small businesses that were impacted by the pandemic through programs that include the Paycheck Protection Program (PPP), COVID Economic Injury Disaster Loan (EIDL), SBA Express Bridge Loans, and others.

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Wendy’s New Zealand business up for sale after 34 years

Inside Retail

After 34 years of operations, the Wendy’s New Zealand burger chain is being sold by Danny and Dianne Lendich, who brought the brand into the country in 1988. The franchise includes 22 restaurants with 12 stores in Auckland, eight in other parts of the North Island and two on the South Island. Danielle Lendich, CEO of Wendy’s NZ, and the daughter of the founders, said that with her parents now in their 70s, now is the “right time” for a change.

Planning 130
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5 top tips to protect yourself from cybercrime by Ty the Cyber Guy

Cisco Retail

This blog comes to us from Tyrone Harmon – aka “Ty the Cyber Guy” – an influential voice in cybersecurity, with an active presence on social media with his video series #CybersecuriTEA. Ty is a Cybersecurity Specialist at Cisco and the fantastic host for Cisco Networking Academy’s #BeCyberSmart virtual event on June 30, 2022. Ty will be joined by Josh McCloud , National Security Manager at Cisco, and Semyon Ovsyannikov , an education and technology expert with Cisco Networking Academy.

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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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Different types of pick and pack methods and why it’s important to know

Inside Retail

A critical and often challenging step in the order fulfilment process is pack and pack. Many e-commerce businesses depend on third-party providers to handle pick and pack. However, beware, as finding a provider that is capable of servicing your business’ unique needs may be costly. This article takes a dive into the world of pick and pack for online business.

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Meet Rapidly Scaling Cloud Data Center Requirements with SONiC

Cisco Retail

Much like our blue furry anthropomorphic hedgehog friend who can run supersonic speeds, our networks today need to be fast and agile. Enter SONiC (Software for Open Networking in the Cloud). In the last few years SONiC has gained strong momentum in the community, and has been battle tested within some of the world’s largest and most demanding cloud networks.

Consumer 140
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KFC’s rolls out finger sporks

Retail Wire

KFC is giving away Finger Sporks with a Sides Lovers Meal at its restaurants. The utensil combines a spoon and a fork and is meant to be worn on an index finger. “Every detail of the innovative Finger Spork has been carefully crafted and pressure tested — by way of eating many KFC sides — for the optimal finger lickin’ good experience,” said Nick Chavez, chief marketing officer of KFC U.S.

Marketing 100
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Cisco at DistribuTECH 2022

Cisco Retail

Last month Cisco joined over 14,000 attendees in Dallas for DistribuTECH, the leading annual energy transmission and distribution event for North America. It was wonderful to be back at a live event and connectwith all the colleagues and customers. . Utilities worldwide work with Cisco to modernize and digitize their business to deliver power and services globally.

ATS 124
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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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Japanese 7-Eleven Franchisee loses his store over decision to close for a few hours

Retail Wire

Mitoshi Matsumoto was a 7-Eleven franchisee until he decided to close his store for a few hours each day due to an inability to find staff. That decision was in violation of his 24/7 agreement with 7-Eleven and it cost him his store. He went to court to fight the action but lost. He has vowed to appeal the ruling.

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What is Stagflation?

Small Biz Trends

Stagflation is like an imperfect storm, a weather happening with lots of contributing factors. Stagflation is an economic condition caused by a combination of increasing inflation and high unemployment rates, which cause a decrease in consumer demand for goods and services. In a good economy, there’s a balance, where slow steady economic growth is in step with consumer demand.

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Pet care driving Mars’ growth

Retail Wire

Mars is primarily known for its candies, but pet care is the company’s biggest growth engine. The company’s pet business includes foods and veterinary clinics in the U.S. and the UK. Poul Weihrauch, global president of Mars Petcare, has been named the new CEO of Mars, succeeding Grant Reid.

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Toro Development to Redevelop Office Campus in Metro Atlanta for Mixed-Use Destination

Shopping Center

Johns Creek, Ga. — Toro Development Co. plans to redevelop a former State Farm Insurance corporate campus in the northeast Atlanta suburb of Johns Creek to make way for a mixed-use destination. The project will be part of Johns Creek’s future… The post Toro Development to Redevelop Office Campus in Metro Atlanta for Mixed-Use Destination appeared first on Shopping Center Business.

Planning 105
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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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Swedish firm to test self-driving freight trucks in Tennessee

Retail Wire

Einrede AB will test its self-driving freight trucks on a one-mile stretch of road between two warehouses in Tennessee for GE Appliances. “This is a step-by-step approach, and this is a major step forward, in that it’s actually now on public roads,” said Robert Falck, CEO of the Swedish company.

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Macy's takes July Fourth bonanza to Web3 with free NFT drop

Retail Dive

The collectibles are available via Macy’s new Discord channel, suggesting the brand wants to establish a stronger foothold in the popular chat app.

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Amazon rolls out its first fully autonomous robot

Retail Wire

Proteus is Amazon.com’s first fully autonomous robot that can safely pick up and move large carts of products and do so without running into human workers in the company’s warehouses.

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Want A Thriving Workforce? Consider Hybrid Work

Cisco Retail

The lines of where and how office workers conduct their daily duties are blurred. Technology and regulatory mandates have enabled, but also forced flexibility of working from home or going to the office. Is this the case now for manufacturing workers and their first line support teams? Maybe. As organizations managed through the pandemic, they were challenged to keep operations going, while prioritizing worker safety.

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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.