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.
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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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. .
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.
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.
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. .
Retail TouchPoints
DECEMBER 13, 2022
Hormel Foods has partnered with open-data retail platform Crisp to expand its data capabilities. Hormel plans to use the platform to share and leverage historical and real-time data insights from retailers in Google Cloud in order to help the brand improve business performance for its retail customers. Crisp will enable Hormel Foods to access and share real-time delivery, retail, supply chain, manufacturing and inventory data.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
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.
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.
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.
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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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.
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.
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.
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.
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.
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.
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.
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.
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.
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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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
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.
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.
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
Retail Dive
DECEMBER 13, 2022
The carrier is touting the service as a low-price option for shippers in an expensive reverse logistics market.
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
VMS
DECEMBER 13, 2022
“Be kind, please rewind.” That request, once found on signs at all Blockbuster stores, was ubiquitous when VHS tapes ruled the movie-rental world a couple of decades ago. And while almost all Blockbuster stores are gone (more on that later), their blue-and-yellow ambience lives on in a pop-up bar in Los Angeles created by entertainment companies Bucket Listers (New York) and New Gold Empire (New York).
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.
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.
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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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.
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.
Retail Dive
DECEMBER 13, 2022
The partnership gives online shoppers the ability to sidestep long delivery times.
Mulesoft
DECEMBER 13, 2022
New production methods, consumption behaviors, and demands are putting supply chains to the test. The modern-day supply chain needs to support a global, interconnected network of assets, data, and processes. But the question remains: How can manufacturers modernize now? The missing piece in your supply chain Today’s supply chain management (SCM) is intelligent, digital, and […].
Retail Dive
DECEMBER 13, 2022
Ports are “headed into their winter lull” after a busy and challenging year, according to a new report.
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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