Retail TouchPoints
JULY 12, 2022
Augmented reality tech is nothing new — in fact, it’s been around since 1968 (surprising, right?). And yet, it’s only in recent years that AR has begun to reach its full potential. Advancements in the tech itself and the growing ubiquity of smartphones have converged to create a whole host of new applications for AR outside the realm of gaming — and one of the biggest arenas is commerce.
Retail Focus
JULY 12, 2022
Today, French fashion and lifestyle brand IKKS Paris opens its second store at 109 Kings Road which carries the menswear, womenswear and junior lines. This follows the opening of their first store in Carnaby earlier this year. IKKS Paris aims to embolden urban free spirits around the world to rock their lives through creative, responsible, 365-day Parisian easy chic fashion.
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Retail TouchPoints
JULY 12, 2022
Amazon has unveiled a new and improved version of its smart shopping cart — called the Dash Cart — and plans to roll out the carts at select Whole Foods Market stores for the first time. The new version of the Dash Cart is larger, yet lighter than its predecessor and also includes new features such as a “delicates shelf” and improved geo-location capabilities to more accurately display nearby products and deals based on where the cart is in the store.
Retail Focus
JULY 12, 2022
P.C.Hooftstraat, Amsterdam‘s golden mile of luxury shopping, sees a welcome new addition with the opening of Alexander McQueen‘s newest boutique. The store occupies two floors of a traditional residential Dutch red brick building and features an interior design concepted by the brand’s creative director in collaboration with Chilean architect Smiljan Radi?.
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.
Retail TouchPoints
JULY 12, 2022
Peloton is taking steps to curtail its costs and create a more efficient supply chain by ending all of its owned manufacturing operations. Taiwan-based manufacturer Rexon Industrial Corp. will become the primary manufacturer of the hardware for the Peloton Bike and Tread product lines in an expansion of the companies’ current relationship. The New York-headquartered connected fitness company is also suspending operations at exercise gear company Tonic Fitness Technology, which it acquired in Oct
Inside Retail
JULY 12, 2022
Aje has opened four new retail locations in New South Wales and Queensland, including two Aje Athletica activewear stores. The stores are part of Aje’s expansion plan, which began last year with the opening of nine new boutiques across Australia and New Zealand, taking the network of Aje and Aje Athletica stores in the two markets to 23 and 11, respectively. .
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
JULY 12, 2022
Star Pharmacy Group CEO David Clark is to step down from the role after three years leading the business. In a statement, the company said his decision was been driven by family priorities that require him to spend more time in Tasmania and in South Australia – and less time at work and travelling. “David has done an exceptional job in setting the organisation’s strong foundations in place for further future growth,” said Star Pharmacy Group founders Stan Kontos and Peter Gardiakos. .
Retail TouchPoints
JULY 12, 2022
Sephora is preparing for the next evolution of its ecommerce ecosystem through a new partnership with SaaS commerce platform commercetools. commercetools’ MACH-based technology (Microservices-based, API-first, Cloud-native and Headless) will give the beauty retailer more flexibility and scalability in its ecommerce systems, according to CTO Sree Sreedhararaj.
Inside Retail
JULY 12, 2022
Founded in Detroit in 2016, StockX has grown from a niche online resale site for rare sneakers into a global online marketplace for fashion, electronics, art and other collectibles with a staggering US$3.8 billion valuation. . Now, the business has launched its first ever global brand campaign as it looks to reach new customers and position itself more firmly as the go-to destination for a wide range of current culture products.
Retail TouchPoints
JULY 12, 2022
Quitting online shopping may be tougher than taking a break from our smartphones. Hundreds of millions of people visit ecommerce websites every day, a number that only escalates during major shopping events like Amazon Prime Day or Cyber Monday. According to SimilarWeb, Wayfair’s website receives roughly 100 million visits per month, Walmart receives more than 300 million visits and Amazon — which leads the pack when it comes to web visitors — boasts a staggering 2 billion monthly visitors.
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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.
Inside Retail
JULY 12, 2022
Retailers are in a strange limbo regarding the Covid-19 pandemic. On one hand, most restrictions have been removed, meaning /business is back to ‘normal’ operations. Yet, case numbers remain persistently high, resulting in continued challenges for staffing and distribution. At the same time, short-term spikes in online sales are starting to return to more expected levels, even though some consumers have permanently altered their channel preferences.
Retail TouchPoints
JULY 12, 2022
We are witnessing a great awakening of the store. Sure, some industry pundits have used sensationalist headlines to remark on the “retail apocalypse,” but new research confirms that brands and retailers are investing more time and capital on their store strategies. The reasons why are pretty obvious. While commerce offers consumers speed, ease and access, stores offer a deeper level of connection with products.
Inside Retail
JULY 12, 2022
Last year, supermarket giant Woolworths launched its Everyday Market, an online marketplace hosted within its broader website that allows customers access a variety of products in categories not traditionally held in its supermarkets, such as homewares and clothing, and includes products from Big W, PetCulture, Healthylife, Designer Bums and Joonya.
Retail Wire
JULY 12, 2022
An Amazon.com warehouse in Staten Island, NY, handed out 13,000 notices to employees to let them know where they had made mistakes and how these mistakes could lead to them being terminated from their jobs. Amazon maintains that its sets “fair” goals for workers based on how most of its workers are performing.
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.
Inside Retail
JULY 12, 2022
The Covid-19 pandemic has allowed workers to rethink their careers, work conditions, and long-term goals and is resulting in mass resignations. Remote work, flexibility and more workers, especially the younger cohort looking for work-life balance have created increased vacancies across many industries. And where your business requires an onsite workforce the pain is even greater.
Cisco Retail
JULY 12, 2022
If you’re reacting, then you’re already too late. The engineering road, from reactive operations to predictive operations, has been challenging and full of obstacles. But never has it been more needed. As the Internet shifts and evolves, the speed, cost, and quality of digital experiences hang in the balance. Increases in applications running on hybrid and multicloud architectures, complexity of multi-location data centers, together with hybrid work and other digital initiatives can test the Int
Retail Wire
JULY 12, 2022
Dollar General CEO Todd Vasos is retiring. He will be replaced by Jeffrey Owens, the retailer’s chief of operations.
Cisco Retail
JULY 12, 2022
Episode 27 of the Cisco Optics Podcast is now posted! See below for episode notes. Cisco Optics Podcast Episode 27. Optics for hyperscale data centers, with Ron Horan. Part 3 of 4. The rise of hyperscale data centers has upended computing and networking equipment business models over the past several years. The pluggable optics industry is no exception and has been impacted significantly.
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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.
Retail Wire
JULY 12, 2022
Elon Musk went public with criticisms of Twitter’s business and financial weaknesses after having made a deal to acquire the company. Now he wants to back out. Twitter’s board is crying foul and seeking to force Mr. Musk to hold to his bargain.
Retail Dive
JULY 12, 2022
Remembering passwords may be a thing of the past as Apple rolls out passkeys, but interest in biometrics reaches beyond authentication.
Retail Wire
JULY 12, 2022
Peloton will use a company in Taiwan to manufacture its bicycles and treadmills in a move designed to cut the company’s costs. Tonic Fitness Technology, which had been making Pelotons fitness machines, will shut down its factories. Peloton acquired Tonic in 2019.
Nvidia
JULY 12, 2022
Kristel Michielsen was into quantum computing before quantum computing was cool. The computational physicist simulated quantum computers as part of her Ph.D. work in the Netherlands in the early 1990s. Today, she manages one of Europe’s largest facilities for quantum computing, the Jülich Unified Infrastructure for Quantum Computing ( JUNIQ ). Her mission is to help developers pioneer this new realm with tools like NVIDIA Quantum Optimized Device Architecture (QODA).
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
Retail Wire
JULY 12, 2022
Schnuck Markets has expanded its prepared food delivery association with DoorDash to 25 stores in Indiana, Illinois and Missouri. “Schnucks’ expanded partnership with DoorDash allows us to reach more customers and gives them greater access to our delicious deli and prepared food options and Schnucks signature items,” Chace MacMullan, senior director of digital experience at Schnuck Markets, said in a statement.
Small Biz Trends
JULY 12, 2022
One of the fastest-growing apps in history, TikTok launched internationally in 2017. With more than 1 billion active TikTok users, the social media platform has become a haven for influencers and content creators looking to market their brands and make money. TikTok’s highest-earning influencer, Charli D’Amelio, earned $17.5 million last year, so it’s no wonder more creators are clamoring for a piece of the TikTok influencer pie.
Retail Wire
JULY 12, 2022
Gas station owners set prices for gas based on how much they pay for the fuel, which becomes tricky when prices change rapidly, either up or down. That’s the situation that owners find themselves in now with falling prices and a consuming public unhappy about what they are paying at the pump.
Nvidia
JULY 12, 2022
Touring vehicles just became a little more grand. Electric vehicle maker Human Horizons provided a detailed glimpse earlier this month of its latest production model, the GT HiPhi Z. The intelligent EV is poised to redefine the grand tourer category with innovative, software-defined capabilities that bring luxurious cruising to the next level. The vehicle’s marquee features include an in-vehicle AI assistant and autonomous driving system powered by NVIDIA DRIVE Orin.
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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.
Retail Wire
JULY 12, 2022
GameStop has opened its online marketplace for nonfungible tokens (NFTs) for beta testing by the public. The video game retailer is looking to digitally reinvent its business with the platform, which will allow users to buy, sell and trade NFTs of virtual items.
Mulesoft
JULY 12, 2022
Has your retail business undergone a metamorphosis in the last five years? Automation in retail can make the difference between becoming a butterfly or staying a caterpillar. The rise of e-commerce, omnichannel, personalization, and changing customer behavior has reshaped the retail industry. The pressure to grow revenue and improve margins are top of mind.
Retail Wire
JULY 12, 2022
Walmart has signed a deal to purchase 4,500 electric vehicles designed for small package delivery. “By continuing to expand our last-mile delivery fleet in a sustainable way, we’re able to provide customers and Walmart+ members with even more access to same-day deliveries while keeping costs low,” said David Guggina, senior vice president of innovation and automation at Walmart U.S.
Cisco Retail
JULY 12, 2022
Cars in constant conversation with road sensors. Autonomous vehicles. Progress toward zero emissions. These are just a few highlights of digital transformation showcased at Cisco Live , held June 12-16, 2022. I and my fellow attendees—in person and virtual—were treated to example after example of “wow” experiences both here today and coming tomorrow – all powered by data.
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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