Mon.Jun 10, 2024

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Walmart Adds Digital Shelf Labels, AI Shopping Assistant as Part of ‘Retail Renaissance’

Retail TouchPoints

Walmart has unveiled a slate of new tech innovations as part of its “Retail Renaissance,” which the company said is aimed at “meeting customer demand with adaptive retail, innovations that intuitively fit into customers’ lives as they seamlessly move across platforms and places.” The new tech includes the rollout of digital shelf labels at all 2,300 U.S. stores by 2026, testing of a Gen AI-powered digital shopping assistant and the integration of drone delivery into its app. “Driven by our

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US Polo Assn makes its Australian debut

Inside Retail

US Polo Assn has partnered with Brand Machine Group to launch an Australian retail website that will feature seasonal collections that reimagine classic fashion for the modern era. The website launch follows the opening of its first showroom in Sydney as BMG expands into Asia Pacific. “As an official apparel partner of US Polo Assn, we’ve eagerly awaited the opportunity to extend our fast-expanding global reach into the dynamic Australian market and share our brand with more consumers arou

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Execs from Target, Hy-Vee and Five Below Top 2024 Retail Innovator Award Winners List

Retail TouchPoints

In the simplest terms, an innovator is someone who creates or introduces something new. But in the world of retail, innovators have the power and potential to do so much more: they drive cutting-edge tech implementations, unlock new revenue opportunities and help drive a brand into a new era of relevance and impact. This year’s Retail Innovator Award winners represent all of this — and more.

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What’s ‘lost conversion opportunity’ costing you?

Inside Retail

A recent independent study commissioned by Shopify suggests that poor checkout experience can cost retailers up to 3.6 per cent of annual GMV. It’s been a long road for commerce platform Shopify, in its 10-year pursuit to convert (no pun intended) non-believers of the platform’s suitability in Enterprise retail. After years of successfully onboarding global brands like Heinz and Kylie Cosmetics, and homeground powerhouses like JB Hi-Fi, Shopify’s position as a – if not ‘the’ – serious cont

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Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

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Marketing Reset: How to Reach Customers Without Third-Party Cookies

Retail TouchPoints

The era of third-party cookies is at an end. In January, Google Chrome restricted third-party cookies for 1% of users and plans to ramp up restrictions to 100% of users by 2025. Full-fledged fingerprinting around the internet is depreciating, and marketers and customers alike will soon notice, particularly in the retail and ecommerce space. With today’s emphasis on privacy, third-party cookie deprecation will inevitably impact your brand, marketing strategy and customers.

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The Hermes of yoga? Premium sportswear brands enjoy rapid growth in China

Inside Retail

Premium sportswear brands are enjoying robust growth in China as they take to directly courting their main customers, posing yet another setback to megabrands Nike and Adidas as they grapple with local competitors in the $55 billion sportswear market. Sportswear is a rare bright spot in China’s sluggish consumer market, as health and wellness have become a priority for aspirational, middle class consumers post-pandemic, with many people getting into activities such as yoga, hiking and runn

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Over 200K Vehicles Recalled by Stellantis

Retail Wire

Stellantis, the multinational car manufacturer, has announced a significant recall affecting over 200,000 SUVs and pickup trucks due to a critical software malfunction.

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What to do about loss prevention in retail

Retail Focus

While perhaps not the nicest of subjects to talk about, loss prevention is one of the most important topics when it comes to retail environments. Unfortunately, theft and shop lifting are issues that cause regular issues for all retailers, in some cases even on a daily basis, and leave them out of pocket. Most stores will already have measures in place to deter and prevent theft as much as they can, with some of the most common options including CCTV cameras, security staff and metal detectors a

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FDA Alerts Public After 6 Hospitalized Due to ‘Microdosing’ Chocolate Bars

Retail Wire

The FDA has issued a public alert after six individuals were hospitalized due to consuming Diamond Shruumz-brand "microdosing" chocolate bars.

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MINISO Opens its First Ever Blue Store at Bluewater Shopping Centre

Retail Focus

Get ready for a new retail experience as MINISO , the global lifestyle retailer, has opened its first blue retail destination at Bluewater Shopping Centre in Dartford, Kent. Located on the Lower Thames Walk, opposite Foot Locker, MINISO has officially opened its doors. Boasting a variety of products to suit everyone, the new store spans over 2,000 sq ft and features MINISO’s best-selling products, including popular blind boxes, the softest plushies, affordable homewares, and charming acces

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From Concept to Deployment: Building Commerce Storefronts with Composable UI

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Volvo Shifts Production From China to Belgium

Retail Wire

Volvo says that the increased tariffs on China have influenced its decision.

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Inside Central Chidlom’s luxury makeover in Bangkok

Inside Retail

Words used for praise in marketing have a tendency to get overused to the point of being meaningless, thus requiring replacement every couple of years. So it is with words like ‘redefining’ and ‘reimagining’, which are now wheeled out so frequently that the listener just glazes over. And as for ‘innovative’, well, that’s just so 2022. No one even remembers what the superlative du jour was before that.

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Norway Fund Opposes Musk’s $56B Tesla Pay Package

Retail Wire

Over the weekend, Norway's $1.7 trillion sovereign wealth fund announced its plans to vote against the approval of Tesla CEO Elon Musk's $56 billion compensation package.

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Tasmania plans new laws to protect retail staff

Inside Retail

Tasmania’s government is to pass a new law to protect frontline workers, including retail employees from being physically attacked. According to the Australian Retailers Association (ARA), Tasmania will join SA, NSW, the NT, WA, and Victoria in enacting legislation in response to the rising occurrence of customer hostility and assault. Harder penalties will be imposed, and under the new Tasmanian regulations.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, 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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Summer Streaming Costs Continue To Surge

Retail Wire

This summer, streaming bills are set to increase, joining the ranks of other rising expenses.

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Sainsbury’s cuts plastic waste by almost 700 tonnes in packaging revamp

Retail Gazette

Sainsbury’s is introducing a raft of packaging changes across its own-brand chicken and fish lines, with the new coverings set to save 694 tonnes of plastic a year. All the grocer’s own-brand salmon fillet trays are switching from pulp cardboard instead of plastic, in a UK retailer first, which will result in 70% less plastic, saving 346 tonnes a year.

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Saudi Oil Giant Aramco’s Shares Rise From Foreign Investors

Retail Wire

Saudi Aramco's latest $11.2 billion stock sale saw a significant shift in investor interest, with over 50% of the shares being allocated to foreign investors.

Marketing 100
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One in three Asda staff attacked at work, GMB survey reveals

Retail Gazette

One in three Asda staff have been attacked at work, according to a GMB survey that included reports of workers being stabbed, punched and threatened with syringes. In the poll of almost 1,000 staff at the supermarket , the union said workers told how they had been spat at, suffered broken bones, been hit with bottles and had death threats against them and their children.

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Get MACH Ready with Orium, Commercetools, and Contentstack

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460K Telluride SUVs Recalled by Kia

Retail Wire

Kia America is taking proactive measures to address a serious safety concern by recalling more than 450,000 Telluride SUVs due to a potential fire risk.

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White Stuff launches across the pond in a bid to double wholesale business

Retail Gazette

White Stuff is launching stores across the US this summer, as it ramps up its international expansion plans through its growing wholesale business. Starting this month, customers in seven states will be able to shop from a specially curated collection of women’s clothing from the retailer. Around 18 small and medium sized independent US retailers will house White Stuff’s designs, which it says will give it the opportunity to test and learn, as it seeks to grow its product offering to

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Elliott Investment Sinks $2B in Southwest Airlines, Pushes for Change

Retail Wire

The activist investment firm has put major money into Southwest Airlines.

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In pictures: Miniso opens first-ever blue store at Bluewater Shopping centre

Retail Gazette

Miniso has ditched its signature pink branding as it opens its first-ever blue store inside Bluewater Shopping Centre in Kent. The 2,000 sq ft blue store, inspired by the popular Sanrio Cinnamoroll character , stocks the retailer’s best-sellers, such as its blind boxes, plushies, affordable homewares and accessories. It is among the few UK stores to feature the retailer’s beauty and self-care range, including face masks, hand creams, and lip masks.

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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.

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Hailstorm Damages Austrian Airlines Airplane

Retail Wire

The nose and cockpit of the aircraft were severely damaged.

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£45M Investment in Gunwharf Quays Enters Second Phase

365 Retail

Portsmouth City Council has granted planning permission for the second phase of Landsec’s £45 million investment in Gunwharf Quays. This phase aims to enhance the visitor experience at the waterfront outlet destination. The second phase of investment focuses on Marlborough Square, one of the primary points of arrival at Gunwharf Quays. The planned improvements include enhancements to the entrance tunnel used by guests arriving via Portsmouth Harbour train station or from the Historic Dockyard.

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TJX to expand into Mexico

Retail Dive

Both analysts and the off-pricer itself, which runs TJ Maxx, HomeGoods and other retailers in the U.S., see opportunity in international expansion.

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Gold Nugget as Large as a Goose Egg Stolen From Collectible Expo

Retail Wire

A rare gold nugget the size of a goose egg was reported stolen Thursday from the Long Beach Convention Center in California.

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From Data to Decisions: Maximizing Retail Potential With AI

Discover how retailers are transforming data into actionable insights for growth. By leveraging data and analytics to their potential, retailers can enhance decision-making, improve customer experiences, and streamline operations to stay ahead of the competition. From Data to Decisions: Maximizing Retail Potential With AI, authored by Orium, commercetools, and Google Cloud, demonstrates how businesses can unify and activate data across the tech stack to achieve retail excellence and create growt

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Walmart to bring electronic shelf labels to thousands of stores

Retail Dive

The retailer expects to deploy the technology to 2,300 locations by 2026 in a bid to improve efficiency and customer service.

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McMillon to Walmart associates: embrace change

Mass Relators

FAYETTEVILLE, Ark. — Complacency is the enemy of excellence. Doug McMillon delivered that message to a gathering of some 14,000 colleagues that marked the culmination of Walmart’s annual Associates Week. Recalling his 40-year career with the retailer, McMillon, who has served as president and CEO for the past decade, said, “I have seen a lot of change in this company.

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Mango bolsters homeware offer with new director

Retail Gazette

Mango has appointed Nuria Font as the new director of Mango Home as the Spanish fashion retailer looks to strengthen its homeware offer. Font joined the business back in 2006 as product manager in commercial product management and has held various senior positions within the company since, most recently director of Mango’s wholesale department. She succeeds Laura Vila, who spent 17 with the retailer and led the launch of the home line in 2021.

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Cisco Builds on the CNAPP Movement to Secure and Protect the Cloud Native Application Estate

Cisco Retail

Enterprise Strategy Group Report Identifies Crucial Requirements for Scalable Security, Multicloud Visibility, and True “Shift Left” DevSecOps

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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