Retail TouchPoints
SEPTEMBER 2, 2022
Global cross-border ecommerce sales reached nearly $3.2 trillion in 2021, according to Euromonitor International, which means international expansion has a value simply too good to overlook. However, experts note that in times of economic volatility and fast-changing consumer behaviors, brands need to think strategically about their path to global growth.
Inside Retail
SEPTEMBER 2, 2022
The future of the National Retailers Association is unclear after CEO Dominique Lamb resigned suddenly, within two months of the exit of long-standing chairman Mark Brodie. . Their departures follow a controversy surrounding the unexplained source of $430,000 in “policy services” in the association’s books. There have been allegations that the funds came from the tobacco industry to assist the NRA in lobbying in favour of the vaping industry.
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Retail TouchPoints
SEPTEMBER 2, 2022
Pinduoduo has made its most aggressive move yet into non-Chinese markets with the Sept. 1, 2022 launch of its Temu site, according to CNBC and other media reports. The site offers items across categories including apparel, jewelry, pet supplies and home and garden, many at bargain prices. Multiple women’s dresses are priced below $20 (some below $10 ) and only a few are above $50.
Inside Retail
SEPTEMBER 2, 2022
Eco-friendly tech-driven designer furniture brand E9 Design has launched in Sydney, opening a showroom in Alexandria. The start-up offers premium, responsible and customisable furniture combing digital technologies in its manufacturing process. Designer and founder, Steven Higgs, said: “I wanted to create a furniture company and manufacturing process where environmental responsibility was built in from the start rather than trying to re-enter existing or traditional methods.”.
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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 TouchPoints
SEPTEMBER 2, 2022
Retailers looking to attract and retain price-conscious shoppers during the current bout of inflation may want to consider stocking more small- and medium-sized brands. Competing on price presents several challenges to margins, but offering smaller and newer products can help retailers build an assortment on attributes such as sustainability and quality.
Inside Retail
SEPTEMBER 2, 2022
German, family-owned lingerie brand Triumph has diversified its product offer and refreshed its brand vision. Alana Jones, head of marketing at Triumph Australia, described the transformation as “only natural” for a historical brand to remain relevant. “Women’s lives, attitudes, wants and needs are forever developing, and as such, brands need to move and adapt alongside them,” she said.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail Wire
SEPTEMBER 2, 2022
Uniqlo is expecting to post its all-time best numbers in North America. The Japanese apparel retailer operates 43 stores in the U.S. and 16 in Canada. Daisuke Tsukagoshi, CEO of Uniqlo’s parent company in North America, Fast Retailing, said that the chain benefitted from starting over when the pandemic hit. “Our competitors offer discounts of 50 percent or 60 percent, but we have basically stopped that,” he said.
Retail TouchPoints
SEPTEMBER 2, 2022
The Gap Inc. Athleta activewear brand has added an intimates category with the debut of its Rituals collection. The brand is seeking to grow within a segment that has been forecasted to reach $16.2 billion in the U.S. by 2026, according to Euromonitor International. The collection, which will be available Sept. 20, 2022 on Athleta.com, is “designed by women, for women,” and features inclusive sizing, with products that use technical fabrics to provide breathability and wicking.
Retail Wire
SEPTEMBER 2, 2022
Pinduoduo has launched Temu, a U.S. online shopping site, that sells items across product categories including apparel, home and garden, jewelry and pet supplies. The launch marks the Chinese e-commerce giant’s biggest push outside of the Asian nation. Temu is a cross-border site and alerts customers that delivery times (seven to 15 business days) may be slower than what American consumers are used to.
Retail TouchPoints
SEPTEMBER 2, 2022
Operational efficiency in ecommerce has never been more important. Inflation has tightened margins and supply chain issues have caused havoc with inventory planning. In tandem, the world’s focus on climate change and carbon neutrality has turned businesses’ attention to how they can raise their environmental credentials. A recent Europe Ecommerce report highlighted that 94% of Chinese, 76% of Europeans and 69% of Americans surveyed said they would boycott carbon negative companies.
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
SEPTEMBER 2, 2022
Starbucks has named Laxman Narashim, most recently CEO of Reckitt, as its next chief executive officer. Mr. Narashim, whose previous experience includes roles at PepsiCo and McKinsey, will start Oct. 1 as incoming CEO and fully take over in April. He will work with Howard Schultz, Starbucks interim CEO, in the meantime.
Retail TouchPoints
SEPTEMBER 2, 2022
Gen Z had $360 billion in disposable income in 2021 and this demographic’s spending power is always growing. To capitalize on this new market opportunity, brands and retailers must understand what Gen Z consumers want and expect from the brand experience. The Retail Influencer Network , an exclusive group of senior business leaders and influential investors and analysts founded by Berns Communications Group, will gather in New York City Sept. 12, 2022, for the Retail Influencer CEO Forum Fea
Inside Retail
SEPTEMBER 2, 2022
NRA CEO exits. The National Retail Association’s chief executive Dominique Lamb has exited the business, according to a report in The Australian. Lamb had held the top spot for the last six years, and left the NRA just a few months after its chairman, Mark Brodie, also stepped down. According to the report, the NRA has been left in a state of upheaval, and there are now rumours of redundancies within the business.
Cisco Retail
SEPTEMBER 2, 2022
A modern cloud-scale data center network requires resilient server-to-server communication, even when faced with a large and rapid increase in the number of devices on the network. This can be achieved with Software for Open Networking in the Cloud ( SONiC ), which has gained a large following in the open-source community and has been deployed and tested in some of the world’s largest and most demanding cloud networks.
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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
SEPTEMBER 2, 2022
Oroton CEO Jennifer Child came on board the heritage luxury brand in 2021, after 15 years of working at global management consulting firm McKinsey and Co. Here, we talk to Child about joining the storied brand, and how her time at McKinsey has prepared her for a top job in retail. Inside Retail: You joined Oroton about 10 months ago now. What’s that journey been like for you?
Cisco Retail
SEPTEMBER 2, 2022
This post was co-authored by Marcus Moffett and Muthu Varadharajan. Who is the ideal candidate for an open systems engineering position? It sounds straightforward, right? It’s the candidate with the most experience. But not so fast; just as NFL scouts, coaches, and managers consider more than athletic prowess when making selections for their NFL teams, engineering hiring managers must also consider experience along with technical competency when they make decisions.
Inside Retail
SEPTEMBER 2, 2022
US coffee chain Starbucks has named FMCG specialist Laxman Narasimhan as the company’s new CEO and a member of the board. Narasimhan will move to Seattle and work alongside interim CEO Howard Schultz from October as incoming CEO, spending time with the management team, partners and customers and gaining in-depth exposure to the brand, company culture, and Reinvention plan before his appointment takes effect on April 1.
Retail Wire
SEPTEMBER 2, 2022
The number of Americans filing first-time unemployment insurance claims dropped 5,000 from the previous week to 232,000. That is the lowest level since 231,000 filed for unemployment the week ending June 25.
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
Cisco Retail
SEPTEMBER 2, 2022
In the 25 years since it was founded, inclusiveness has been at the core of Cisco Networking Academy. Networking Academy’s global reach is amazing, with Academies in over 190 countries, offering over 30 courses in up to 27 languages. But making the program available is only half the challenge: making the demand inclusive is another matter. This is why, in 2014, we introduced the Women Rock-IT initiative.
Retail Wire
SEPTEMBER 2, 2022
The U.S. labor market increased by an estimated 315,000 jobs in August, continuing a 20-month streak of gains that has seen the economy add more jobs than were lost during the pandemic. “I think the labor market still has gas left in the tank and clearly more than we expected a few months ago, but eventually it will have to fall back to earth,” said Daniel Zhao, lead economist at Glassdoor.
Retail Dive
SEPTEMBER 2, 2022
Amazon Warehousing & Distribution allows the company to capture more value from its fulfillment network, which has grappled with excess capacity this year.
Retail Wire
SEPTEMBER 2, 2022
Shopify is notifying sellers on its platform that using Amazon.com’s Buy with Prime service is a violation of its terms of service. The service enables business users to offer the same benefits as Amazon Prime including free two-day shipping. Shopify has warned its platform users that using Amazon’s service could entail security risks. Amazon denies the assertion.
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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
SEPTEMBER 2, 2022
An official with the National Labor Relations Board recommended the company’s objection to the voting process be rejected and the union certified.
Retail Wire
SEPTEMBER 2, 2022
Lisa Dunn, a hearing officer with the National Labor Relations Board, ruled that Amazon.com failed to provide adequate proof that a union election at a warehouse in Staten Island, NY, was inappropriately influenced by union organizers.
Small Biz Trends
SEPTEMBER 2, 2022
From established small businesses to startups, the grants available this week are providing timely and badly needed funds for entrepreneurs. The grants include everything from contests to American Rescue Plan Act (ARPA) funds addressing a number of issues. If you are in need of capital, and who isn’t these days, take a look at these grants and apply for the ones you qualify for.
Retail Wire
SEPTEMBER 2, 2022
Lululemon’s affluent customer base continued to spend big with the chain during the second quarter with net revenues up 29 percent year-over-year. The chain posted earnings per share of $2.20, topping Wall Street’s expectations of $1.87.
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
Mulesoft
SEPTEMBER 2, 2022
Whether Experience, Process, or System APIs, application programming interfaces are the fabric for creating apps. APIs enable organizations the flexibility to achieve their business, technical and organizational objectives. Communicating and automating the API notification process to inform stakeholders that a new API exists or has changed allows stakeholders to capitalize on new opportunities so they […].
Retail Dive
SEPTEMBER 2, 2022
The athletics apparel brand didn’t rely on markdowns during the quarter and will soon release a membership program, according to CEO Calvin McDonald.
Independent Retailer
SEPTEMBER 2, 2022
From vibrant showrooms to trendsetting temporaries, Atlanta Apparel offers access to top lines with collections designed to meet the needs of any retail buyer. Attendees will find the latest looks in contemporary, young contemporary, ready-to-wear, fashion accessories, and more, plus specialty categories such as bridal and social occasion. . Taking place October 11-15, 2022 at AmericasMart in Atlanta, Georgia, this exciting market hosts the seasonal change to Spring/Summer and all of the trend e
Retail Dive
SEPTEMBER 2, 2022
The warehouse club is hiking membership costs for the first time in a decade, and 71% of people in the U.S. now approve of the organizations.
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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.
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