Mon.Jan 25, 2021

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Westfield London to Debut New Digital-Physical Retail Concept: Situ Live

Retail TouchPoints

U.K. shopping center Westfield London will launch a new experiential retail concept — Situ Live — in spring 2021, providing a showcase for a host of innovative products presented live across six lifestyle theaters. The hybrid experience blends physical and digital retail. Shoppers can compare products in detail before deciding to discover more, or move to purchase directly from the manufacturer simply by scanning a QR code.

Consumer 264
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Preparing for 2021: Retail Trends & Shopper Expectations to Watch Out For

Intelligence Node

2020 was a whirlwind of a year not just for the global population, but for businesses too. The eCommerce landscape saw a major change, the likes of which were never seen before. eCommerce was picking up steam before the pandemic, but the pandemic propelled it to new extremes. The US Department of Commerce noted a […]. The post Preparing for 2021: Retail Trends & Shopper Expectations to Watch Out For appeared first on Blog.

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Francesca’s to Exit Bankruptcy With Half its Remaining Stores Following $18 Million Acquisition

Retail TouchPoints

Francesca’s has received bankruptcy court approval to sell its remaining business to investment firms TerraMar and Tiger Capital Group for $18 million in cash, plus the assumption of approximately $7.75 million in liabilities. The deal is expected to preserve at least 275 of Francesca’s remaining 551 locations. The retailer’s new owners plan to continue operating its corporate offices and will keep its management team and nearly all employees on board, according to The Wall Street Journal.

Finance 235
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How to Find an Affordable Apartment in Los Angeles

Thrifts and Tangles

I moved from Las Vegas to LA a little over two years ago. Shortly after moving in, I. The post How to Find an Affordable Apartment in Los Angeles appeared first on Thrifts and Tangles.

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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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Holiday 2020: Why Target Soared While Nordstrom Faltered

Retail TouchPoints

Additional results for the 2020 holiday season are coming in, and the outlook is rosy despite the unprecedented challenges: Adobe Analytics pegged year-over-year online shopping growth at 32.2% , totaling $188.2 billion , while the NRF measured 8.3% growth over all channels, reaching $789.4 billion. Even brick-and-mortar stores fared decently overall, with average sales up 3.6% across November and December, according to the International Council of Shopping Centers (ICSC).

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Top 20 Essentials… A Bridal Store Checklist

Nahanco

Now this list doesn’t include everything you need to open and run a bridal shop, but it will at least get you started. For additional bridal store needs, visit us at nahanco.com.

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Unify commerce & streamline operations with Retail Pro

Retail Pro

Ecommerce helped retailers get through a rough 2020. But sudden growth in digital operations also exacerbated the resource costs and inefficiencies of working with unintegrated inventory and customer data. Retailers will need to evaluate their needs and gaps to determine … Continue reading → The post Unify commerce & streamline operations with Retail Pro first appeared on Retail Pro Blog.

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7-Eleven Promotes Evolution Store Concept with PlayStation 5-Powered Experience

Retail TouchPoints

7-Eleven and Airbnb will rent out the retailer’s new 7-Eleven Evolution Store in Dallas County, Texas for two separate nights before its official opening. The Dallas County location is one of six Evolution Stores, which will serve as testing grounds for the retailer’s latest innovations, across the U.S. Each booking will cost just $11 and give participants access to a PlayStation 5 and a luxury lounge created for the promotion, tying the new store concept to a hot video game console.

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Best Countertop Display Units for Business

Small Biz Trends

Countertop displays organize a collection of items for your customers to browse and make selections. Be they brochures magazines, jewelry, or any item of interest they help boost visibility and sales. By placing them near checkout counters, they increase the chances of customers making additional purchases. They entice customers to make those last-minute purchases thus improving your bottom line.

Jewelry 98
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License Agreement Brings Vitamin Shoppe Stores to Vietnam

Retail TouchPoints

The Vitamin Shoppe has opened its first location in Asia under a license agreement with Kim Lien Group for the Vietnam market. Under the partnership, Kim Lien Group will open and operate a number of The Vitamin Shoppe stores across Vietnam as well as launch wholesale distribution of The Vitamin Shoppe’s family of brands, including BodyTech, fitfactor and Vthrive at pharmacies, gyms, spas and other locations.

Wholesale 162
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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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WFH Diaries: The Second Instalment of Our Lockdown 3.0 Tips

Retail Assist

Last week, we brought you our top tips for thriving in Lockdown 3.0, and this week we’re back with even more tops tricks from our colleagues across the business. Trisha Sheehan, Learning & Development Specialist. I have few things that I have been doing to keep me sane whilst WFH during lockdown. Every day, at the start of my shift and at the end of my shift, my colleague Jo and I send a GIF to each other to let each other know how we are doing.

ATS 52
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Speech Technology Helps Retailers Deliver on Consumer Expectations for Contactless Shopping Experiences

Retail TouchPoints

Businesses across sectors are turning to voice technologies in response to COVID-19 health and safety concerns. These concerns are fueling consumer expectations for more contactless experiences everywhere they go, including the retail environment. To mitigate health and safety concerns and deliver on these expectations, retailers are designing touchless shopping experiences with the help of voice and speech recognition technology.

Consumer 150