Retail TouchPoints
JANUARY 14, 2022
Most experts expected holiday 2021 to be a digital success, and the season didn’t disappoint: global sales hit $1.14 trillion , up from $1.1 trillion in 2020, while U.S. sales reached $257 billion , up from $236 billion , according to data from Salesforce. Additionally, total order count was up almost 10.45% from holiday 2020 levels, according to data from Klaviyo.
Retail Focus
JANUARY 14, 2022
Abercrombie & Fitch has turned to its employees to share their new experiences in a new brand activation aimed at “officially reintroducing” the retailer to its customers. The ‘Abercrombie Today’ campaign aims to renew the retailer’s commitment to inclusivity by creating a sense of belonging by reaffirming its brand purpose, which is that “every day should feel as exceptional as the start of a long weekend: comfortable, confident, stress-free – together”.
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Retail TouchPoints
JANUARY 14, 2022
Amidst historic turmoil in the labor market, a number of retailers have made the list of Best Places to Work, put out annually by Glassdoor. Lululemon was the only retailer to rank among the top 25 employers at #9, an interesting juxtaposition to the other headlines in which the retailer has featured recently, which have involved patent infringement disputes with both Nike and Peloton.
Retail Focus
JANUARY 14, 2022
Decorative surface finishes specialists Armourcoat will be exhibiting at The Surface Design Show in February 2022, a must-visit event for architects, designers and specifiers looking to explore the best in surface material innovation. Now in its seventeenth year and held at Islington’s Business Design Centre, the show will have a strong focus on sustainability with more than 150 exhibiting companies and organisations displaying the widest range of surface materials and designs, not just from the
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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
JANUARY 14, 2022
Bolt raised $355 million in its Series E funding round, bringing the checkout and shopper network solution provider’s funding total to nearly $1 billion. Lead investors include funds and accounts managed by BlackRock, with participation from Schonfeld, Invus Opportunities, H.I.G. Growth and CE Innovation Capital. “Since Bolt’s founding, we’ve relentlessly focused on improving the online purchasing experience,” said Ryan Breslow, Founder and CEO of Bolt in a statement.
Retail Focus
JANUARY 14, 2022
Sempere Mannequins is a leading company in the production of mannequins in. Spain since 1957. Sustainability has always been at the core of the company, its latest contribution is a collection of sustainable bust forms made with circular material that is infinitely recyclable. 100% recycled & recyclable bust forms. These Made In Spain bust forms collection represents a sustainable solution as it is. made with ResisTek (PE), a circular material infinitely recyclable and very resistant.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
JANUARY 14, 2022
Growing your business in today’s competitive landscape can be tough. The e-commerce industry is a jungle, and it can be hard to understand what tools, platforms and partners are right for your business. Despite the complexity, there are actually many ways to grow your business today without breaking the bank, so long as you have the right strategy in place. .
Retail Wire
JANUARY 14, 2022
CVS and Walgreens have made the tough decision to close some stores on the weekends as the Omicron variant has left them with too few staff to keep them open. “The ongoing labor shortage, combined with the surge of Covid-19 cases, has resulted in isolated instances in which we’ve had to adjust operating hours or temporarily close a limited number of stores,” said a Walgreens spokesperson.
Cisco Retail
JANUARY 14, 2022
You haven’t had an uninterrupted vacation in years, your presentation at the last board meeting fell short, and it’s hard for you to imagine how the organization would function without you at the helm. These are all very real situations for today’s CISO. With the shortage of resources, it has never been harder to resource all the functions of an effective security team.
Retail Wire
JANUARY 14, 2022
Yumi raised $67 million in Series B funding last month. The baby food startup, which was founded by Angela Sutherland and Evelyn Rusli, is focused on creating opportunities for women, including those who invest in the company. Female investors receive a 20 discount on their shares. “Having more women investors is wonderful for us because it expands our network, and the whole goal is to get more women involved in venture capital,” said Yumi CFO Sarah Marie Martin.
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.
Cisco Retail
JANUARY 14, 2022
Because of massive turnover in workforces, a renewed focus on employee safety, and negative impacts on customer loyalty and satisfaction, manufacturers have built new business models to service their customers. They’ve deployed new hybrid workplace models and renewed their focus on the Circular Economy. Because of this, sustainability’s new meaning in the Manufacturing industry is maintaining its position in the marketplace.
Retail Wire
JANUARY 14, 2022
Companies have increased salaries an average of 3.4 percent heading into 2022, a bump from the 2.8 percent they handed out in 2021, according to a new survey from Willis Towers Watson. “There’s a great reprioritization of work, rewards and careers underway, and it’s putting significant pressure on compensation programs for many employers,” said Catherine Hartmann, North America rewards practice leader at Willis Towers Watson.
Nvidia
JANUARY 14, 2022
Editor’s note: This post is one in a series that features individual creators and developers who use NVIDIA Omniverse to boost their artistic processes. Jae Solina. Growing up in the Philippines, award-winning filmmaker Jae Solina says he turned to movies for a reminder that the world was much larger than himself and his homeland. He started the popular YouTube channel JSFILMZ a decade ago as a way to share home videos he made for fun.
Retail Wire
JANUARY 14, 2022
Target and other companies are choosing to skip the National Retail Federation’s Show in New York this weekend as the Omicron variant has been spiking in the local area and other parts of the country. Executives from Best Buy, Chewy and Walmart are still planning on attending the conference.
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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.
Retail Times
JANUARY 14, 2022
Nearly 100 more convenience stores across the south of England will be selling selected products past their ‘best before' date as it relates to quality, not the safety of the product.
Retail Wire
JANUARY 14, 2022
ODP Corp., parent company of Office Depot, has made the decision to delay spinning off the home and office products retailer, after receiving interest in an acquisition. “We look forward to further evaluating the potential sale of ODP’s consumer business to determine whether a sale may provide greater value for our shareholders than a public company separation,” CEO Gerry Smith said. “If the consumer business is not sold, then ODP’s Board of Directors will reevaluat
A1 Retail
JANUARY 14, 2022
ProCook has announced a partnership with the Woodland Trust to mitigate its current carbon emissions, as part of the company’s long-term sustainability strategy. The strategy follows The Environment Agency’s road map for cutting carbon emissions and reaching net zero by 2030. The retailer has proactively reduced carbon emissions through a number of initiatives which include partnering with DPD for carbon neutral parcel delivery, operating an all-electric fleet of company vehicles, switching to L
Retail Wire
JANUARY 14, 2022
Mastercard CEO Michael Miebach said that consumer spending trends “look relatively positive” to kick off the new year following a strong Christmas holiday quarter. Mr. Miebach pointed to consumers adapting behaviors to do more shopping and banking online.
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
V Count
JANUARY 14, 2022
Measuring footfall traffic numbers for brick and mortar businesses is one of the most fundamental metrics to consider when measuring business success. However, visitor traffic numbers can be easily distorted when staff members are included in the count, resulting in inaccurate conversion rates. . Accurate and pure people counting data is essential to understanding the number of shoppers coming into retail stores, how they behave, and how to improve customer satisfaction, and as a result, boost s
Retail Wire
JANUARY 14, 2022
Earlier consumer holiday season purchasing and higher prices tied to inflationary pressures led to a 2.3 percent decline in retail sales in December, according to the Commerce Department. The December sales numbers didn’t dampen an otherwise solid quarter for retailers with sales up 17.1 percent year-over-year.
Retail Times
JANUARY 14, 2022
Spar, the leading symbol group in the UK, has made its full range of own label wines suitable for vegans from January 2022 onwards. This move comes after a pledge the business made in 2019 to become the first grocer to do so.
Shopping Center
JANUARY 14, 2022
Hemet, Calif. — Progressive Real Estate Partners has negotiated the sale of a 3.3-acre commercial land parcel in Hemet. Sater Hemer LLC acquired the property from an undisclosed seller for $1.7 million. The buyer plans to develop a gas station,… The post Progressive Real Estate Negotiates $1.7 Million Sale of Development Site in California appeared first on Shopping Center Business.
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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 Times
JANUARY 14, 2022
According to a 2021 study by the Retail Trust, 84% of retail workers in the UK claimed their mental health deteriorated during the COVID-19 pandemic.
Retail Dive
JANUARY 14, 2022
The company paused its plans to separate while it considers Staples' $1 billion offer as well as that of another unnamed buyer.
Frank Mayer
JANUARY 14, 2022
Providing convenience has long been a catalyst behind innovation. As customers, we instinctually gravitate to frictionless experiences and reward the game changing companies and ideas that offer them. It’s why today, we watch new movie releases on Netflix and pre-order our groceries on an app. As the new year dawns, 2022 CX strategies across industries will continue to center on convenience and consumer satisfaction by nurturing omnichannel plans and implementing the latest technology.
LS Retail
JANUARY 14, 2022
©iStock/emrVectors Years of stagnant prices and wages have made Japan Inc nervous about charging more for fear of alienating shoppers and losing market share. But the weakening yen is further driving up costs adding to the inflationary pain following the pandemic. Clothing retailer Uniqlo will have to raise prices of some products due to higher costs for raw materials and shipping, its owner recently said, becoming a high-profile example of Japanese firms throwing off a decades-old deflationary
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
A1 Retail
JANUARY 14, 2022
More than half (52%) of global consumers said they are less likely to order an item that requires shipping from overseas than they were a year ago . A third (36%) said that if delivery or pick up of an item takes longer than two days, they will look elsewhere . As the global supply chain crisis continues to disrupt the retail industry, consumers are being forced to change their shopping habits and buy local (within their own countries) for speed and availability, new global research from SOTI
Retail Times
JANUARY 14, 2022
bp and M&S have agreed to extend their convenience agreement until 2030, aiming to build on the success of their 16-year collaboration and work together to evolve the forecourt offer as customers’ behaviour changes over the next decade.
Talking Retail
JANUARY 14, 2022
Marks & Spencer has extended its agreement with BP to keep its stores on the oil company’s fuel forecourts in the UK until at least 2030. The two companies first linked up in 2005 and M&S stores are now on nearly 300 BP-operated forecourts. M&S Food managing director Stuart Machin said that the renewed agreement. This story continues at M&S re-affirms forecourt partnership with BP.
Retail Times
JANUARY 14, 2022
Global sports brand SAMURAI has chosen to partner with Brightpearl and now has the perfect operational setup for scalable, sustainable growth.
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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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