Retail Dive
NOVEMBER 22, 2021
Defining the use case, starting small and selecting the right 3D partner is among the 5 key things for retailers to consider when getting started with augmented reality.
Retail TouchPoints
NOVEMBER 22, 2021
Foot Locker has promoted its current EVP and CEO-North America, Franklin Bracken, to be the retailer’s first-ever COO. The apparel retailer also has created a new Chief Strategy, Innovation and Development Officer role and begun a search for someone to fill the position. The eventual hire will report to Foot Locker Chairman and CEO Richard A. Johnson.
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Inside Retail
NOVEMBER 22, 2021
Global beauty brand Lush is shutting down its Facebook, Instagram, TikTok and Snapchat accounts until the platforms take action to provide a safer experience for their users. According to Lush, this new ‘Anti-Social’ policy will take affect across all 48 of its regions, and relates to the social platforms’ unwillingness to deal with the detrimental impact social media has on people.
Retail TouchPoints
NOVEMBER 22, 2021
Authentic Brands Group (ABG) is delaying its planned IPO in favor of selling stakes in the business to CVC Capital , HPS Investment Partners and some of its existing shareholders in a deal that values ABG at $12.7 billion. ABG is now targeting an IPO date in 2023 or 2024, according to CNBC. Even though 2021 has proven to be a hot and profitable year for retail IPOs, the portfolio company appears content to wait a year or two.
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
NOVEMBER 22, 2021
As a pureplay e-commerce business, Australian fashion brand Petal & Pup was in a strong position to manage lockdown pressures this year, and the pandemic didn’t stop the business venturing into new categories and new markets. Here, Chantal Brayley, global marketing manager at Petal & Pup, discusses the addition of the wedding category, the expansion into the US and how the business has switched up its marketing tactics to connect with consumers.
Retail TouchPoints
NOVEMBER 22, 2021
Nordstrom has teamed up with online sports merchandise retailer and manufacturer Fanatics to bring a range of licensed sports gear to its customers for the first time. The new long-term partnership will give Nordstrom.com customers access to thousands of Fanatics’ exclusive products, including men’s, women’s and kids gear from top leagues including the NFL, NCAA, NBA, MLB and more.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
NOVEMBER 22, 2021
The most valuable apparel brand in the world is on a mission to turn sport and play into a lifestyle for kids, and it is focusing on digital games where youth spend a lot of time. Nikeland on Roblox is a virtual world with multiple yards, activities and mini-games to get kids moving – both their digital avatars and physical bodies. . The vibrant 3D environment set against the backdrop of Nike’s World Headquarters includes many areas to explore, earn medals and ribbons, compete and build mini-ga
Retail Focus
NOVEMBER 22, 2021
Dior has opened a pop-up store at Jumeirah beach in Dubai. The initiative, which coincides with the Dubai Expo includes two 3D printed pavilions created in collaboration with Italian 3D printer manufacturer WASP and is located at the Four Seasons Hotel in Nammos. The pop-up is made up of two cylindrical modules, 3D printed by combining clay, sand and natural fibres through WASP’s sustainable construction 3D printing technology.
Inside Retail
NOVEMBER 22, 2021
Brand websites outperformed online marketplaces during the pandemic as more consumers shopped directly from retailer websites, according to a new report by Monash University. More than 60 per cent of Australian online shoppers made purchases from non-online-only retailer’s websites during the past three months – a figure 14 per cent higher than the number of Aussies who shopped at online marketplaces.
Retail Focus
NOVEMBER 22, 2021
Has the word ‘proximity’ cropped up in your 2022 planning meetings yet? Thought so. But what does retail’s favourite new buzzword actually mean? . In the dictionary, it’s nearness in space, time or relationship – in other words, the things that are close, nearby and on hand. For retailers, it means closing the gap between the people in your most important business relationships: customers and staff, staff and bosses at HQ and ultimately between consumers and your brand.
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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
NOVEMBER 22, 2021
The terms ‘diversity and inclusion’ are constantly being discussed in retail these days, and unfortunately, in some cases, they’ve lost their true meaning in favour of virtue-signalling. In the final episode of the our four-part video series called The modern retail playbook , Matt Skerritt, founder of online retailer Every Human , chats with Jerry Macey, head of consumer at Commonwealth Bank, about how he launched his lifestyle business aimed at people of all abilities and how businesses can ge
Retail Wire
NOVEMBER 22, 2021
Target will no longer open its doors on Thanksgiving. “What started as a temporary measure driven by the pandemic is now our new standard — one that recognizes our ability to deliver on our guests’ holiday wishes both within and well beyond store hours,” Target CEO Brian Cornell wrote in a note to employees.
Inside Retail
NOVEMBER 22, 2021
The pandemic has been a mixed bag for the liquor industry. On-premise channels have been particularly hard hit, while despite operational pressures the off-premise has ultimately benefited from consumer stay-at-home orders. Retailers and venues have had to reconsider and adapt their business models. And some of what’s changed is likely to stick. E-commerce channels expand.
Retail Wire
NOVEMBER 22, 2021
The number of self-checkout machines shipped globally increased 25 percent this year. Unfortunately for retailers using them, consumers are not thrilled with the experience. Sixty-seven percent of consumers have encountered problems when trying to check themselves out of stores.
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
NOVEMBER 22, 2021
Starbucks has partnered with Amazon to introduce a new store concept in New York City, focusing on convenience by combining Starbucks Pickup and Amazon Go. Customers visiting the store can grab their food or drink without having to wait in line to pay. Their card will be charged after they leave the store. Meanwhile, the Starbucks Pickup store accepts orders placed through the Starbucks app before the customer arrives at the counter.
Retail Wire
NOVEMBER 22, 2021
Authentic Brands Group has chosen to forego an initial public offering and has sold stakes in its business to private equity firm CVC Capital, hedge fund HPS Investment Partners and existing stakeholders. Authentic Brands’ portfolio includes full or partial ownership of Aeropostale, Barney New York, Brooks Brothers, Forever 21 and Sports Illustrated magazine.
Inside Retail
NOVEMBER 22, 2021
Chinese discount goods retailer Miniso has reported strong first-quarter sales and profit growth for the three months to September 30 as its store network continues to expand internationally. Sales surged 28.1 per cent to US$411.9 million and adjusted net profit to $28.6 million, 80.3 per cent higher year on year and 27 per cent quarter on quarter. As of the end of September, Miniso operated 4871 stores, with a net addition of 122 stores during the quarter.
Cisco Retail
NOVEMBER 22, 2021
This blog is co-authored by Ammar Rayes , Cisco Principal Engineer, and Matt Denapoli , Software Engineering Leader. Today, enterprises use Wi-Fi as their main wireless access network indoors, and VPNs and borderless connections over cellular networks for mobile workers and assets. With digitization & automation, enterprises are discovering the limits of Wi-Fi for fixed and public cellular access technologies.
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Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.
Inside Retail
NOVEMBER 22, 2021
Unilever has sold its global tea business – including T2 – to private equity company CVC Capital Partners, for €4.5 billion ($A7 billion). The business, called Ekaterra, owns 34 brands including Lipton, PG tips, Pukka, T2 and Tazo and turned over €2 billion ($A3.1 billion) last year. The company has 11 production factories on four continents and tea estates in three countries.
Cisco Retail
NOVEMBER 22, 2021
. Co-Author: Silesh Bijjahalli. As today’s leading companies utilize artificial intelligence/machine learning (AI/ML) to discover insights hidden in massive amounts of data, many are realizing the benefits of deploying in a hybrid or private cloud environment, rather than a public cloud. This is especially true for use cases with data sets larger than 2 TB or with specific compliance requirements.
Inside Retail
NOVEMBER 22, 2021
Brand websites outperformed online marketplaces during the pandemic as more consumers shopped directly from retailer websites, according to a new report by Monash University. More than 60 per cent of Australian online shoppers made purchases from non-online-only retailer’s websites during the past three months – a figure 14 per cent higher than the number of Aussies who shopped at online marketplaces.
Retail Wire
NOVEMBER 22, 2021
Peter Buck, a nuclear physicist who was a cofounder of Subway, died at the age of 90. Mr. Buck gave Fred DeLuca, Subway’s other cofounder, the idea for a sandwich shop and loaned him $1,000 in 1965 to get started.
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
Inside Retail
NOVEMBER 22, 2021
New eco apparel label, Ilio Nema, has made its debut, joining the growing range of brands in Australia’s sustainable fashion industry. . Founded by Ariane Leondaridis and Katia Kelso, the sustainable brand was born in the middle of the pandemic, when the two founders spotted a gap in the market for sophisticated but easy clothing, with exquisite craftsmanship.
Retail Wire
NOVEMBER 22, 2021
Around 80 looters descended on a Nordstrom in Walnut Creek, CA, and ransacked the store, making off with merchandise. Local police have arrested three individuals believed to have participating and are looking for others.
Retail Dive
NOVEMBER 22, 2021
As digital advertising becomes less reliable and more expensive, retailers are turning back to print to win over consumers during peak season.
Retail Wire
NOVEMBER 22, 2021
Wegmans has activated a security system that will lock the wheels of shopping carts if anyone attempts to take them off the lot at a store in Auburn, NY. The family-owned grocery chain said it was evaluating the technology to see if it could cut the cost of replacing stolen carts.
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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 Dive
NOVEMBER 22, 2021
The tween brand was just launched as a stand-alone banner earlier this month, and another tween brand, Frankie's on the Park, says it's too confusing.
Retail Wire
NOVEMBER 22, 2021
Amazon.com’s decision to stop accepting Visa as a form of payment in the UK may lead to negotiations that reduce the cost of transaction fees for retailers overall. Chris Dinga, payments analyst at GlobalData, pointed to the growth of buy now, pay later programs as a factor in why credit card companies may be more willing to negotiate on fees than they have in the past.
Retail Dive
NOVEMBER 22, 2021
Current investors sold significant stakes to CVC Capital Partners and HPS Investment Partners as the branding specialist chases more growth.
365 Retail
NOVEMBER 22, 2021
In celebration of Black Friday Week, Amazon Black Friday Live will open its doors at Victoria House, London (WC1B 4DA) from 25th – 28th November , inviting guests to enjoy four days of free events, exclusive celebrity-fronted experiences, livestreams and giveaways. From cocktail-making with Laura Whitmore, an intimate music performance from Ray BLK to a Magic Breakfast book reading with Alesha Dixon, and a small business ‘task off’ with entrepreneurs Spencer Matthews & Jamie Laing, the
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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