Retail TouchPoints

DECEMBER 7, 2021

Despite supply chain disruptions, inflation and the new COVID-19 Omicron variant, the National Retail Federation is now saying that 2021 holiday sales increases could actually beat original forecasts. The NRF originally projected that holiday sales would increase by 8.5% to 10.5% compared to 2020, but Jack Kleinhenz, Chief Economist at NRF, said he now thinks that number could go as high as 11.5%.

Consumer 270

Consumer Shipping Shopping ATS 270

Inside Retail

DECEMBER 7, 2021

Mexican restaurant chain, Mad Mex, has acquired back the 50 per cent ownership from its Singapore-based venture partner, 4Fingers International, shifting focus to its home market. The recent acquisition also means the end of Mad Mex’s ambitious expansion plan in Asia , which was announced two years ago before the pandemic forced it to change the strategy. .

Returns 246

Returns Planning Marketing Consumer 246

Retail TouchPoints

DECEMBER 7, 2021

Australia-based tech platform Marketplacer , which helps brands, retailers and other businesses create their own online marketplaces, has received $38 million in fresh funding to build out its product suite, grow its partner program and continue its expansion in the U.S. With this new funding, Marketplacer has raised more than $85 million to date and now has more than 100 marketplaces on its platform globally, including major Australian supermarket chain Woolworths , lifestyle brand SurfStitch a

Accounting 269

Accounting Supermarket Marketing Management 269

Inside Retail

DECEMBER 7, 2021

Australia will create a licencing framework for cryptocurrency exchanges and consider launching a retail central bank digital currency as part of the biggest overhaul of its payments industry in a quarter of a century. The country will also broaden its payment laws to cover online transaction providers like Apple Inc and Alphabet Inc’s Google as well as buy-now-pay-later (BNPL) providers like Afterpay Ltd, ending their run of operating without direct supervision. “If we do not reform

Payment Services 246

Payment Services Accounting Consumer Marketing 246

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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.

Management

Retail TouchPoints

DECEMBER 7, 2021

Alibaba Group has reorganized its consumer and wholesale commerce divisions and named current Deputy CFO Toby Xu to succeed Maggie Wu as CFO in April 2022. The announcements mark the first major management shifts since Alibaba was fined a record-setting $2.75 billion for monopolistic practices earlier this year. When she steps down as CFO next year, Wu will continue as a partner in the Alibaba Partnership and serve as an Executive Director on the Alibaba board.

Wholesale 232

Wholesale Consumer Marketing Planning 232

Tokinomo

DECEMBER 7, 2021

The retail industry has changed a lot in the last few years, especially due to the Pandemic. It’s important for brands managers and retail representatives to keep up with the latest trends and find the best solutions for their shoppers.

Brand Management 225

Brand Management Management 225

Inside Retail

DECEMBER 7, 2021

E-commerce firm Pet Circle has become Australia’s latest unicorn, raising $125 million in a series C funding round aimed at growing its product range and warehousing operations to drive fresh growth. According to a report in AFR , the funding round was led by US-based Prysm Capital and local player TDM Growth Partners, as well as AirTree Ventures and Baillie Gillford.

Shopping 147

Shopping ATS 147

Retail TouchPoints

DECEMBER 7, 2021

Direct-to-consumer (DTC) brands have a unique advantage in that they own the entire customer experience — and perhaps most important, all the data that is generated along with it. Many of these businesses, especially those born over the past decade, also are digital natives, which means they have the innate agility and savviness that legacy retailers are trying to adopt.

Social Commerce 203

Social Commerce Consumer Marketing Advertising 203

Inside Retail

DECEMBER 7, 2021

Speculation has been swirling around the reported sale of Selfridges to Thailand’s Central Group since the Times first revealed the two parties had reached an agreement last Thursday. . Neither the Weston family, which owns Selfridges, nor Central Group has confirmed the deal, which is expected to close by the end of the year. And while Central Group’s publicly listed subsidiary, Central Retail, has denied any involvement in the transaction, multiple reports suggest that another division of the

Department Stores 130

Department Stores Specialty Store Shopping Marketing 130

Retail Wire

DECEMBER 7, 2021

FedEx has forecast that it will deliver 100 million more packages this holiday season than it did in 2019. “We’ve seen a lot of people actually starting their Christmas shopping in the month of October, which is fundamentally different than we have seen traditionally in the past,” said Ryan Kelly, vice president of global e-commerce at FedEx. “What you see is a lot of messaging about shop and ship early, pulling sales forward, pulling promotions forward.

Shipping 130

Shipping Promotions Shopping ATS 130

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.

Customer Experience

Inside Retail

DECEMBER 7, 2021

US footwear company Converse has introduced a new experiential retail concept in Fitzroy, Melbourne, to help shoppers upcycle and customise their sneakers. Converse Renew Labs will serve both as a unique retail space and a place to host workshops that encourage customers to get creative with patches, embroidery and eco-friendly dyes, to extend the life of their footwear.

Apparel 130

Apparel Location Marketing Consumer 130

Retail Wire

DECEMBER 7, 2021

DoorDash has opened a DashMart warehouse in New York City where it will stock more than 2,000 grocery items, household products and prepared foods. The delivery service expects the warehouse to give it the ability to deliver orders in Manhattan in 10 to 15 minutes from the time they are placed. Customers will pay $1.49 for deliveries if they do not have DashPass.

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130

Inside Retail

DECEMBER 7, 2021

On August 14, 2016, during a pre-season match, when Colin Kaepernick, a professional quarterback at the time, decided to sit on the bench during the US national anthem to protest police brutality and social injustice, he didn’t know he was going to push the world of marketing and advertising toward more purposeful and woke messages and content. It was a turning point for advertisers to flip around the obsession with the typical outputs (the number of clicks, ad skip rate, sales generation, etc)

Advertising 130

Advertising Marketing Consumer ATS 130

Nvidia

DECEMBER 7, 2021

AI can design chips no human could, said Bill Dally in a virtual keynote today at the Design Automation Conference (DAC), one of the world’s largest gatherings of semiconductor engineers. The chief scientist of NVIDIA discussed research in accelerated computing and machine learning that’s making chips smaller, faster and better. “Our work shows you can achieve orders-of-magnitude improvements in chip design using GPU-accelerated systems.

Planning 130

Planning ATS 130

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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.

Point of Sale

Inside Retail

DECEMBER 7, 2021

The end of lockdowns and gradual restoration of normal life in 2021 released a huge pent-up demand for personal interaction. Shopping, of all things, is a forum for enabling people to rub shoulders and now is a once-in-a-generation opportunity for retailers and shopping-centre operators to benefit from the potentially resurgent demand by creating positive experiences.

Shopping 130

Shopping Returns Promotions Management 130

Cisco Retail

DECEMBER 7, 2021

What if you could build a successful, world-class security program with just five practices? . And what if shifting focus to these areas could put your security program ahead of 79% of other organizations? Our latest cybersecurity research study suggests that this is not only true but is also a tangible reality for organizations that choose to follow some practical steps.

Management 125

Management Marketing 125

Inside Retail

DECEMBER 7, 2021

Having a better understanding of what your customers want to buy and when could take the guesswork out of sales forecasting, inventory management or staff rostering. And gaining unique insights into consumers’ likely purchasing behaviour is now possible through the CommBank Household Spending Intentions (HSI) Index. The CommBank HSI Index uses advanced analytics to help retailers better understand consumer or household spending intentions.

Payment Services 130

Payment Services Inventory Management Accounting Consumer 130

Retail Wire

DECEMBER 7, 2021

Tyson Foods will reward frontline workers with a total of $50 million in year-end bonuses. Individual bonuses will range between $300 and $700, depending on tenure. Workers will receive their checks next month. “This is yet another way for us to say thank you and show how grateful we are for our frontline teams’ efforts to keep each other safe, our company strong and our world fed over the past year,” said, Donnie King, president and CEO of the company.

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100

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

Management

Mulesoft

DECEMBER 7, 2021

API sprawl across the modern enterprise In the last twenty years, API adoption across every enterprise grew exponentially in pursuit of business velocity and process efficiencies. In an attempt to use APIs as a connective tissue to bind their digital ecosystems, enterprises started adopting multiple fragmented solutions in their underlying technology stacks.

Management 123

Management 123

Retail Wire

DECEMBER 7, 2021

Samsung Electronics is merging its consumer electronics and mobile business units. The new group will now be known as Set Division. It will be led by JH Han, who was promoted to CEO. Mr. Han has plans to take a central role in Samsung’s television business and is expected to focus on finding “synergies among the different businesses in the Set Division” to develop new technologies and drive sales and profits.

Consumer 100

Consumer Promotions Planning 100

Retail Dive

DECEMBER 7, 2021

The stores, covering its AllModern and Joss & Main brands, are the first in a series of openings the retailer is planning over the next two years.

Planning 125

Planning 125

Retail Wire

DECEMBER 7, 2021

Government stimulus checks and pandemic-related tax credits have helped many Americans build up their savings during the pandemic. Individuals in low-income households, however, are seeing much of their savings dissipate, providing an area of concern for future economic activity.

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Talking Retail

DECEMBER 7, 2021

First aid kits specifically to treat stab wounds have been distributed to convenience stores in Northamptonshire. The “bleed bags” have been supplied by an anti-knife crime campaign group – Off the Streets – which was formed after the fatal stabbing of local man Dylan Holliday on an estate in Wellingborough. Among the stores to take. This story continues at Bleed bags to treat stab victims given to convenience stores.

ATS 111

ATS 111

Retail Wire

DECEMBER 7, 2021

Wayfair will open two stores under its AllModern banner and another under its Joss & Main brand. The online furniture and home goods retailer closed its one permanent store location last December in response to the pandemic.

Location 100

Location 100

Retail Dive

DECEMBER 7, 2021

The company is joining the 15-minute delivery fray in New York City with a full-time workforce, but sees a "larger" opportunity to provide the service to grocers and convenience stores.

Grocer 104

Grocer Planning 104

Retail Wire

DECEMBER 7, 2021

Walgreens Boots Alliance is reported to be exploring a potential sale or spin-off of its Boots pharmacy business in the UK. Walgreens has been cutting costs and investing in primary care services as it focuses on becoming a healthcare powerhouse.

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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

Customer Experience

Small Biz Trends

DECEMBER 7, 2021

If you’re looking to make some extra money while cleaning out your closet, you should be looking at selling on Poshmark. Poshmark is an app where you can sell new and used clothes to people all over the United States. Selling on Poshmark does require some initial groundwork, but it can be a great source of income if you get it right. We’ll walk you through how to sell on Poshmark and make money by selling clothes.

Thrift Store 102

Thrift Store Shipping Wholesale Accounting 102

Shopping Center

DECEMBER 7, 2021

San Diego and Lake Forest, Calif. — Jack in the Box Inc. (NASDAQ: JACK) and Del Taco Restaurants (NASDAQ: TACO) have entered into a merger agreement valued at approximately $575 million, inclusive of existing debt. Under the terms of the… The post Jack in the Box, Del Taco Enter into $575 Million Merger Agreement appeared first on Shopping Center Business.

Shopping 98

Shopping ATS 98

Retail Times

DECEMBER 7, 2021

After the social restrictions and isolation brought by the pandemic, 90% of shoppers are craving the friendly service of local independent retailers, according to research released today by commercial insurer NFU Mutual.

Shopping 98

Shopping 98

365 Retail

DECEMBER 7, 2021

Nowadays, we often hear the classic phrase ‘clean house equals clean mind,’ a term which we primarily associate with being in our living environment and not our workplace. Although, research shows that an average human in the UK spends 3,507 days at work or one-third of their lives. Bearing this figure in mind, we comparatively spend just as much time at work as we do in our home environment.

ATS 98

ATS 98

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Planning