Retail TouchPoints

DECEMBER 13, 2022

To succeed as a CPG brand in the post-pandemic world, you need to get phygital. After two years of pandemic-driven online shopping, many consumers are stepping back out into the world and into physical stores. In fact, average transaction values in-store were 10% higher in July 2021 than in March 2019. Now, instead of one or the other, consumers are using both offline and online channels seamlessly within the same buying journey.

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Telecommunications Advertising Location Kiosk 278

Inside Retail

DECEMBER 13, 2022

As the name suggests, end of year burnout is when you encounter emotional and physical exhaustion and energy depletion, generally associated with the end of year and holiday season busyness. This time of year is often stressful for individuals, so when you accompany the usual Christmas festivities with added work deadlines, pressures, and expectations…for some people this can seem quite overwhelming.

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Management ATS 264

Retail TouchPoints

DECEMBER 13, 2022

As the 2022 FIFA World Cup nears its conclusion, another battle is playing out in consumers’ shopping baskets: Adidas and Nike are going head-to-head to capture merchandise sales for the quadrennial tournament. Official World Cup ball from Adidas. As the main sponsor of the event, Adidas would seem to have the advantage, but Nike is holding its own on the product pitch, according to data from Refinitiv.

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ATS Apparel Consumer Shopping 233

Inside Retail

DECEMBER 13, 2022

Two out of every three products in the $80 million Indigenous-style souvenirs business is made up of forgeries with no ties to Aboriginal and Torres Strait Islander people, according to data from The Productivity Commission. Aboriginal and Torres Strait Islander communities are being plundered in visual arts and crafts, says the commission, which is calling for action from the Australian Government to help the communities protect their cultures. .

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Management Consumer ATS 246

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.

Customer Experience

Retail TouchPoints

DECEMBER 13, 2022

Best Buy is offering in-store pickup for livestream shopping orders through a partnership with social-commerce platform TalkShopLive. The show debuted on Dec. 12, 2022 with a segment hosted by media personality Noah Schnacky, who led viewers through a live tour of his favorite products, which customers could purchase via the program and pick up at Best Buy.

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Shopping Social Commerce Shipping Promotions 222

Inside Retail

DECEMBER 13, 2022

Brosa, the upmarket online furniture brand, has been placed in voluntary administration, citing a decline in trade since Covid-19 restrictions enabled consumers to shop at physical stores again. Last February, Brosa’s co-founder and CEO Ivan Lim told Inside Retail the business grew more than 100 per cent last financial year, in line with other online furniture retailers. .

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Planning Consumer Shopping ATS 246

Inside Retail

DECEMBER 13, 2022

Beer Cartel is closing its bricks-and-mortar store at Reserve Road and will be shifting to 100 per cent online by January next year. The liquor-delivery service says the change is driven by its move to a new warehouse location to keep up with consumer demand. However, Richard Kelsey, co-founder, Beer Cartel, explained that the requirements of the new site and licensing restrictions meant that having a brick-and-mortar store was challenging for the company.

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Location Consumer ATS 245

Retail Wire

DECEMBER 13, 2022

Young Millennials and members of Gen Z have pushed the number of young adults living with their parents to record levels. A percentage of the money these consumers are saving on rent is going towards the purchase of luxury handbags and watches, according to Morgan Stanley.

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Consumer 130

Inside Retail

DECEMBER 13, 2022

Last week, Wesfarmers dropped the gauntlet. . By announcing a partnership with The Walt Disney Company , and creating an easy way for customers to get access to the Disney+ video streaming service, as well as its own OnePass subscription shopping service , Wesfarmers has taken aim at Amazon Prime. The new subscription deal, which costs $14.99 a month and will be available later in December, saves customers $3 a month, and will likely provide shared access to data for both businesses’ customers.

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Drop-Shipping Advertising Shipping Management 245

Retail Wire

DECEMBER 13, 2022

The cost of the living in the U.S. rose 0.1 percent in November, below the 0.3 percent increase expected by economists. The annual rate of inflation fell to 7.1 percent from 7.7 percent in October and 9.1 percent in June.

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Inside Retail

DECEMBER 13, 2022

Too many Australian retailers today are failing to take advantage of growing opportunities to better fulfil the needs of their customers. As the cost of living continues to rise, the needs and behaviours of consumers are rapidly evolving. Retailers can no longer expect loyalty programs alone to serve as the basis for a secure and long-lasting relationship with their customers.

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Consumer Fulfillment Marketing Shopping 130

Retail Dive

DECEMBER 13, 2022

The carrier is touting the service as a low-price option for shippers in an expensive reverse logistics market.

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Returns Marketing 127

Inside Retail

DECEMBER 13, 2022

Christmas and new year trading metrics will be intensively analysed in the early months of 2023. After the disruption of Covid-19 and the preceding years of sluggish growth, all retail industry observers will be keen to assess the prospects for sustainable growth. Trading results for calendar 2022 compared with periods in 2021 and January 2022 that were not impacted by Covid-19 restrictions will provide the first snapshot of the current market and consumer confidence.

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Consumer Promotions Marketing ATS 130

Retail Dive

DECEMBER 13, 2022

Financial strain and a lack of inventory led to the move, three years after Eddie Lampert-run TransformCo reacquired the home goods chain.

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Management

Inside Retail

DECEMBER 13, 2022

After relocating from the city in search of a country lifestyle, Belle opened Texas Jane in 2019 with her business partner, Eloise, after identifying the limited range of fashion brands and products in Wagga Wagga. Despite strong demand, she said it was difficult to find local and international labels in the large regional hub at the time of opening.

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Boutique Location Fashion Shopping 130

Retail TouchPoints

DECEMBER 13, 2022

FedEx will launch FedEx Consolidated Returns, a solution designed to provide an easy ecommerce returns option that retailers can make available to shoppers, in early 2023. The service will be the latest addition to the FedEx Returns portfolio, which also includes printer-less and package-less return options at more than 10,000 locations nationwide. FedEx Consolidated Returns will be facilitated through supply chain services offered by FedEx Logistics and FedEx Office.

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Returns Merchant Services Drop-Shipping Fulfillment 124

Inside Retail

DECEMBER 13, 2022

Australian supermarket giant Woolworths Group is selling a $636 million stake in Endeavour Group in a block trade, according to a term sheet seen by Reuters. Woolworths spun off Endeavour Group – its then drinks and hotels business – in mid 2021 and the company has since grown strongly on its own. In October, the group – which owns Dan Murphy’s, BWS and 344 hotels and clubs – reported sales grew 3.1 per cent to $3.02 billion for the 14 weeks to October 2.

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Supermarket 130

Retail Dive

DECEMBER 13, 2022

The creation of a digital advertising business is an attempt by one of the country’s oldest department store brands to stay relevant in the 21st century.

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Department Stores Advertising 120

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Fulfillment

Small Biz Trends

DECEMBER 13, 2022

Dove Chocolates is awarding three grants to women-owned businesses this holiday season. The Dove Chocolates InstaGrants program is open now through December 19. And applicants can win $10,000 just by submitting a video about their business idea. Dove Chocolates InstaGrants Program. The Dove Chocolates InstaGrants program originally grew out of the company’s partnership with CARE.

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Accounting Promotions ATS 119

Retail Dive

DECEMBER 13, 2022

Located in Milan, the store is the “future of Jordan retail” and will sit at the “forefront of streetwear and basketball culture.

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Planning Location ATS 106

Retail Wire

DECEMBER 13, 2022

COVID-19 cases are spiking in cities across China as the country begins easing its zero-COVID policies. This has led many Chinese to self-isolate at home, which has led to a spike in the sales of medications and other products while at the same time reducing the number of people who go outside. “I’ve never seen fewer people on the streets and more people wearing masks outside in the past three years,” said Ms.

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ATS 100

Retail Dive

DECEMBER 13, 2022

The partnership gives online shoppers the ability to sidestep long delivery times.

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Shopping 106

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.

Finance

Retail Wire

DECEMBER 13, 2022

The U.S. Supreme Court said that it would not block a new California law that prohibits the sale of flavored tobacco in the state.

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Independent Retailer

DECEMBER 13, 2022

With the 2023 trade show season quickly approaching, it is full steam ahead for exhibitors looking to stand out from the competition. Whether you call them promotional items, tchotchkes, or swag, handing out free products or giveaways can greatly attract and encourage attendees to enter your space. The right trade show promotional products can help generate leads and support integrated marketing messages that will prompt attendees to remember your company long after the show has ended.

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Wholesale Promotions Shipping ATS 98

Retail Wire

DECEMBER 13, 2022

Sixty percent of retailers have changed their return policies to reduce the amount of time that consumers have to bring an item back, charging restocking fees or telling customers they will have to pay for shipping costs, according to goTRG.

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Returns Shipping Consumer 100

I Vend

DECEMBER 13, 2022

Promotions are an essential part of any retailer’s marketing toolkit, and never more so than during the holiday season. They increase sales, build loyalty, and delight customers. They also deliver rapid results, complementing longer term brand building strategies. iVend for Digital Passes iVend helps retailers get the most from holiday promotions. Learn more about our integrated retail technology platform.

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Promotions Employee Engagement Returns Checkout 97

Advertiser: ZoomInfo

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.

Marketing

Retail Wire

DECEMBER 13, 2022

Individuals born between 1997 and 2012 make up Generation Z. Like the generations that preceded them, they come to the workplace with language that their older co-workers don’t understand. In the case of Gen Z that extends to emojis, phrases and punctuation use.

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VMS

DECEMBER 13, 2022

Veggie Grill (Irvine, Calif.) has opened a New York locale in which all four of its concepts are under one roof for the first time. The new restaurant, at 1004 Second Ave., is also the chain’s second eatery in New York and 35th overall. The concepts housed with the latest Veggie Grill are its flagship, along with Más Veggies Vegan Taqueria, Vegan Bowls For All and Stand-Up Burgers. “We’re thrilled to be unveiling the Veggie Grill experience to our Midtown consumers located in one of

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Location Consumer ATS 97

Retail Wire

DECEMBER 13, 2022

Dollar General’s new Popshelf store concept, which sells most items for $5 or less, caters to suburban consumers with annual household incomes between $50,000 and $125,000. The dollar store giant plans to open 300 Popshelf stores next year and have about 1,000 in operation in three years.

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Planning Consumer 100

LS Retail

DECEMBER 13, 2022

©iStock/Nuthawut Somsuk Economic Counselor and the Director of Research of the IMF Pierre Olivier Gourinchas’ warning from the IMF’s World Economic Outlook in October 2022 underlined the significant slowdown in the global economy – and the reliance on global trade to function. It raised questions about whether the many benefits of globalization outweigh the geopolitical problems it has helped create.

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