Sun.Oct 30, 2022

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How feasible are drone deliveries – and do we even want them?

Inside Retail

In recent years, cafes, supermarkets and online shops have started to trial drone delivery in a handful of locations around the world. More than a dozen drone delivery companies are now running such trials. Just this week, Wing (owned by Google’s parent company Alphabet) announced a partnership with Australian supermarket giant Coles to deliver small items via drone to customers close to a Gold Coast supermarket.

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9 Strategies for Year-Round Financial Stability as a Seasonal Business

Small Biz Trends

No matter what industry you’re in, it’s important to ensure that you have enough capital to maintain your business year-round. However, this is especially important if demand for your products or services ebbs and flows based on seasonality, such as with pool accessories or holiday decorations. To that end, a panel of Young Entrepreneur Council (YEC) members answered the following question: “If you run a seasonal business or one that earns more profit during a certain time of y

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“We’re in a scale-up phase”: $80m of growth on the horizon for Eco Outdoor

Inside Retail

Australian lifestyle and furniture brand Eco Outdoor has undergone a multi-million-dollar revitalisation program off the back of its accelerated growth over the last few years. The business – which specialises in architectural surfaces and outdoor furniture – launched a $4.5 million, multi-use showroom last week in its flagship Richmond store. Over the last few years, it has renovated its Sydney and Brisbane showrooms, relocated its Perth store and opened a shop in Auckland, New Zealand.

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How to Dominate Retail with Omnichannel Pricing

Intelligence Node

Despite rapid technological progress, most businesses miss out on lucrative sales. They struggle to decode what’s working and what isn’t and find it hard to deploy all of the contextual. The post How to Dominate Retail with Omnichannel Pricing appeared first on Blog.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

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.

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Apple workers in Australia gear up for more strike action

Inside Retail

Hundreds of Apple workers in Australia are set to strike again after almost two-thirds of employees rejected a pay and benefits deal, the latest escalation of a fight that has seen weeks of walkouts at stores around the country. Results released on Monday show 68 per cent of Apple workers rejected a workplace agreement proposed by management with 87 per cent of Apple’s almost 4,000 Australian workers participating.

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Delegation: Minimizing Workload while Maximizing Opportunities

Retail Smart Guys

Every retailer aims to be productive in doing business, especially when there are numerous obligations needed to accomplish, concerns necessary to attend to, and strategies vital to develop for business growth. Retailers like you need to be on top of everything, yet, it does not entail that you also need to do everything on your own. As a business owner, you should know when and how to position yourself in these responsibilities.

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The Importance of Retail Conventions in doing Business 

Retail Smart Guys

Doing business is not limited to your stores’ four corners or online platforms. You can go beyond attending retail conventions as an exhibitor, which can hugely impact your business, whether you are a start-up or an already established retailer. Events and conventions are powerful marketing tool as it provides numerous benefits for businesses.

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How personalised puppy chow brand Lyka is disrupting the pet food market

Inside Retail

Pet ownership has skyrocketed since the beginning of the pandemic, and just as consumers have become more educated and wary about what they put into their own bodies, they’re also demanding more of the food they feed their four-legged best friends. Unsurprisingly, investors are starting to notice. In October, Lyka, a direct-to-consumer premium pet wellness brand, raised $30 million in series B funding through a mixture of equity and debt based off of its commitment to provide freshly prepared an

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Half of UK Retailers Fear They Will Be Forced to Slash Prices Before Christmas Due to Downturn in Consumer Spending

Retail Minded

Contributed by Brightpearl. A poll of 250 retailers found 45 per cent have surplus goods they’re desperate to offload – with fashion, toys and gifts, baby and toddler the sectors struggling the most being . And 59 per cent of those in this situation admit there’ll be ‘dangerous’ ramifications for their business if they fail to sell off their excess stock.

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Australian retail spending increases in September

Inside Retail

Australian retail spending increased 17.9 per cent in September as customers spent $35.1 billion both in stores and online, according to new data from the Australian Bureau of Statistics. As businesses continue to cycle through last year’s Delta lockdowns, “substantial” sales increases were seen across all categories. The largest year-on-year growth was registered in clothing, footwear and personal accessories at 70.4 per cent followed by department stores at 53.6 per cent and cafe, restaurant a

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Get MACH Ready: Preparing Your Business for Digital Transformation

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.

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Fashion Brand Struts To Lightning 50 Success Using Inventory Planner

Retail Minded

Some retail brands are born in boardrooms, others are created in more unconventional circumstances – and J Brooks Boutique , an Atlanta-based online fashion business, is one of those brands. In 2016, its founder Jessica (Jes) Brooks bought a sewing machine from a catalog using points she earned as a reward for her performance in her 9-5 role as a data analyst.

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The Cheesecake Shop boss retires, new MD appointed

Inside Retail

Ken Rosebery is leaving The Cheesecake Shop (TCS) in January after 13 years heading up the dessert retailer. Rosebery will help the transition of the new managing director over the next few months and work with the firm’s shareholder River Capital. He will remain on The Cheesecake Shop Board Advisory Committee. Andrew Rennie, executive chairman of TCS, told Franchise Executives “We are very happy with all the work Ken has done at The Cheesecake Shop, the business is in a great position, franchis

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The Complete Guide to Google Merchant Center Promotions

Store Growers

Last Updated on October 31, 2022. Many ecommerce businesses rely on promotions to convince visitors to purchase. But instead of telling visitors about these promotions when they land on your site, why not add them to your Shopping feed? This can help increase clickthrough rate and drive visitors to your site that are ready to buy! The Google Merchant Center Promotions program allows you to do exactly that.

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Finding the Perfect Audience for Your Business on Social Media

Small Biz Trends

Most businesses are aware of the opportunity that social media provides for marketing and customer engagement, with around 4.5 billion social media users around the world. The number of users in the United States alone is set to reach around 257 million in 2023. Finding the Perfect Audience for Your Business on Social Media. The only issue is knowing how to go about building an audience on the various social media platforms.

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How Retailers Are Transforming Customer Experiences with Data & 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.