Fri.Jul 15, 2022

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Instacart Elevates 5 Execs to the C-Suite as it ‘Reimagines its Role’ in Online Grocery

Retail TouchPoints

Instacart has announced a number of promotions to its C-suite and the creation of two new senior leadership positions — Chief Business Officer and Chief Architect — in order to better position the business toward its ambition of becoming a full-service grocery technology company as readies to IPO. “As we reimagine the role that Instacart has to play — as an enablement platform for our retail partners and pioneer for the industry — ensuring our teams are set up for success has never been more imp

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Pay hikes not expected to keep up with inflation

Retail Wire

The average raise in 2023 will be 4.1 percent, the highest increase in 15 years. That, however, will not be enough to keep up with inflation, according to Willis Towers Watson.

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Amazon to Create More Than 4,000 New Corporate and Tech Jobs in the UK

Retail TouchPoints

Amazon is growing its UK workforce with the addition of 4,000 new jobs in corporate and technology fields , increasing the company’s permanent workforce in the region to 75,000. Over the last three years Amazon has created 40,000 new jobs across the UK. The new positions will support both Amazon and Amazon Web Services (AWS), with a focus on software development, product management and engineering, in addition to operations teams jobs in fulfillment centers, sort centers and delivery stations.

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Athleta may be spun off as Gap seeks new CEO

Retail Wire

Former Gap Inc. CEO Sonia Syngal was counting on the company’s Athleta and Old Navy banners to lift its results. That didn’t happen. Ms. Syngal has left, and speculation is that Athleta and/or Old Navy will be spun off to help Gap get its financial footing as it tries to bring life to its other brands.

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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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What’s Driving the Explosion of Retail Media (and How to Get in on the Action) 

Retail TouchPoints

Every one of the Top 10 retailers in the U.S. now has a retail media network (RMN), which should tell you something about where this trend is going (hint: toward ubiquity). It’s enough to make retailers without an RMN of their own scramble, particularly as companies like Amazon and Walmart report mind-boggling ad revenues — $2.1 billion for the latter, not too shabby for a company with a core business that isn’t advertising.

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Amazon focuses on optimizing private labels

Retail Wire

Many of Amazon.com’s private labels have failed to live up to the company’s sales expectations, which has led to a reevaluation of what items it carries. The company has been accused in the past of mining third-party seller data to promote the sale of its own private brands.

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Cisco Certified CyberOps Professional, CBRFIR, and Proactive Network Protection

Cisco Retail

The cybersecurity landscape is constantly changing. The networks that connect our world are targets, and the adversaries targeting them are evolving. Every day, new methods for infiltration and disruption are developed and put into effect against the systems we rely on. This means we must change how we think about security in several ways: Security must be foundational to every decision we make when designing and implementing a network.

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Remaining Agile in a New Age of Retail: Three Things that Enterprise Brands can Learn from Smaller Players 

Retail TouchPoints

From leisure and sportswear to gifts and jewelry, the chances are you’ve bought a product from a small business over the last couple of years — whether it be a digitally native startup, a one-person band working from their kitchen table or a small independent store selling online around the world. Thanks to a range of SaaS solutions and marketplaces taking the pain and cost away from building a digital sales platform, microbrands and their success are growing rapidly.

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In the News: New Small Business Grants Up to $50K Available Now Nationwide

Small Biz Trends

As a small business owner funding is an ever-present challenge. With that in mind, public, private, and nonprofit organizations are always looking to provide help by addressing issues small businesses face. From grants to revolving loans, and tax credits, there are many options small business owners can take advantage of. The key is finding the best solution that will fit your particular sets of challenges and applying accordingly to have a better chance of getting these funds.

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Nike Drafts Fanatics for NCAA Fan Apparel, Furthering Fanatics’ Moves into Manufacturing and College Sports

Retail TouchPoints

Nike has entered a long-term, exclusive licensing partnership with Fanatics for the manufacture and sale of fan apparel and headwear, for a “select group” of Nike-sponsored colleges and universities starting in 2024. The new partnership continues commerce platform Fanatics’ rapid expansion into the manufacturing side of the sports gear world, following similar deals with the NFL and MLB and its acquisition of trading card brand Topps.

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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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Migrating to 6GHz

Cisco Retail

With more than 18 billion devices in use and 4.2 billion more to be shipping in 2022, the sheer size of existing Wi-Fi deployments worldwide is just mind-boggling. In view of the new Wi-Fi 6E and 6GHz adoption push, it is critical to evaluate what are the best ways to do a migration from existing Cisco on-prem legacy networks into the new world of 6GHz deployments.

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B2B Payments are Late, Threatening Main Street Businesses

Small Biz Trends

A large number of small business owners say that B2B payments are getting increasingly late, coming in 20 – 30 days after their due date. The late payments are threatening to close many Main Street businesses. B2B Payments are Late, Threatening Main Street Businesses. A recent YouGov survey shows that around a quarter of small businesses are failing to receive payments until around 20 – 30 days after payment for invoices was due.

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Cisco Secure Automation with RedHat Ansible

Cisco Retail

This blog is a joint effort featuring Grif Morrel and Chris Palmer of Radware, with Ravi Balakrishnan and Will Zupan from Cisco. Today’s digital organization is constantly evolving and looking for opportunities to drive operational efficiency and competitive advantage through technology. In this environment, applications drive business growth and define the user experience.

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Union says departures of stressed out rail workers adds to supply chain mess

Retail Wire

Greg Regan, president of the transportation trades department of the AFL-CIO, said that freight rail carriers’ attempts to improve efficiency in recent years has resulted in delays and damaged the national supply chain. The National Railway Labor Conference, an industry group representing carriers, challenged Mr. Regan’s assertion. “Railroads are outperforming the broader labor market in terms of recruiting and retention,” said Michael Maratto, a spokesperson for the NRLC.

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Forrester Report: Demystifying The Technical Functions of POS Solutions

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.

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Best Commercial and Industrial Sewing Machines of 2022

Small Biz Trends

If you have or are planning to start a small business that involves sewing, it might be a good idea to consider an industrial sewing machine. You’ll need a sewing machine that can keep up with the daily needs of your business. You might be able to get away with a simple domestic sewing machine if you only do small or infrequent sewing projects.

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Food bank lines grow as inflation cuts into purchasing power

Retail Wire

Food banks across the U.S. are reporting that more people are seeking help as the high cost of everyday items makes it harder for them to put meals on the table and gas in their tanks. “It does not look like it’s going to get better overnight,” said Katie Fitzgerald, president and chief operating officer for Feeding America. “Demand is really making the supply challenges complex.”.

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Guest Post: How to Create Massive Customer Surplus through Memorable Onboarding & Obsessive Service

Hyken

This week we feature an article by Michael Becker, founder of Abundance Accelerators , a growth agency for coaches. He shares how organizations can gain loyal customers by providing an experience that exceeds expectations. The stakes have effectively been raised, and they’ll continue to go up for product brands, service providers, and client-based companies alike. .

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SpartanNash upgrades and reopens corporate headquarters

Retail Wire

SpartanNash has given its corporate headquarters building a new look including furniture, lighting and technology upgrades. The building now features an expanded Starbucks and added entertainment areas to help workers “feel empowered to have fun and do winning work.”.

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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

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Amazon is scaling back private label business: WSJ

Retail Dive

The company has also considered exiting the business of owning brands, following years of scrutiny into potential conflicts of interest, the Journal reported.

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Retail sales up in June following May’s decline

Retail Wire

Retail sales were up one percent in June following a revised 0.1 percent decline in May, according to the Commerce Department. The June increase suggests that consumers are continuing to spend despite inflationary pressures.

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Nike debuts new store concept with Nike Style

Retail Dive

The store, which opened Friday in Seoul, South Korea, features gender-neutral merchandising and a content studio.

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H Mart to add space to its only store in San Francisco

Retail Wire

H Mart, the Korean-American grocery chain, plans to add 27,000 square feet of space to its store in San Francisco. The larger location will include a food court.

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The Personalization Playbook: 2024 Strategies

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.

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US NRB June 2022

Retail Eye

Waiting Game for the US Retail Market Original release date: July 15, 2022 The US retail market saw another month of growth in June, with All Stores increasing by 8.9% YOY, and All stores Less Automotive, Food, Pharmacies up 7.5% YOY. This seems like good news, but we feel this is not sustainable. Essential categories […].

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Armada Hoffler Sells Two Single-Tenant Retail Properties in Durham for $23.9 Million

Shopping Center

Durham, N.C. — Armada Hoffler Properties has sold two single-tenant retail properties in Durham for a combined $23.9 million. The assets include a 120,000-square-foot store at 1700 N. Pointe Drive that is leased to The Home Depot and a 148,663-square-foot store… The post Armada Hoffler Sells Two Single-Tenant Retail Properties in Durham for $23.9 Million appeared first on Shopping Center Business.

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The Weekly Closeout: Kanye West files trademark for retail stores and Laffy Taffy turns to NFTs

Retail Dive

The rapper filed trademarks for the name “YZYSPLY,” while the candy maker turned jokes found on its wrappers into non-fungible tokens.

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Strengthening Global Small Businesses

LS Retail

©iStock/KikeArnaiz A total of $1 million in grant funds was awarded by the Strive Community to enterprises developing innovative, scalable solutions to strengthen small businesses' digital capabilities. The eight awardees are from across the globe. Learn who they are here.

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How Personalized Customer Experiences Drive Retail Growth and Revenue

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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Abercrombie Kids launches denim collection with sizing options

Retail Dive

The assortment was fit-tested with over 300 children, and comes in short, regular and long lengths in all sizes with waistband adjusters.

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Meet the Omnivore: Animator Entertains and Explains With NVIDIA Omniverse

Nvidia

Editor’s note: This post is a part of our Meet the Omnivore series, which features individual creators and developers who use NVIDIA Omniverse to accelerate their 3D workflows and create virtual worlds. Australian animator Marko Matosevic is taking dad jokes and breathing them into animated life with NVIDIA Omniverse , a virtual world simulation and collaboration platform for 3D workflows.

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Amazon expanding drone delivery service to Texas

Retail Dive

Customers in the city of College Station are set to receive goods via Prime Air later this year, the company announced Friday.

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Extending Digital Transformation to the Frontline

Theatro

The post Extending Digital Transformation to the Frontline appeared first on Theatro.

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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.