Retail TouchPoints

MARCH 13, 2023

Anyone who shops online has probably at some point fallen victim to “ inspiration clickbait.” Much like an article that doesn’t live up to its catchy headline, Rohan Deuskar describes inspiration clickbait as compelling shopping content (most often visual) that ends up driving a user into a disappointing, bland ecommerce experience. “Most of the time shoppers aren’t looking for individual products, they want to complete an outfit or create a certain look, so brands speak to them in that language

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Inside Retail

MARCH 13, 2023

Research by Reluv, an online fashion retailer, in partnership with Monash University students, has revealed that about 75 per cent of Australians purchased used clothing last year. According to their Fashion Resale Report 2022, economic considerations follow sustainability as the primary two motivators of second-hand clothing purchases. The study found that 73 per cent of Australians said they purchase pre-owned apparel, 80 per cent believe they wear less than 60 per cent of their wardrobe, and

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Retail TouchPoints

MARCH 13, 2023

David’s Bridal has created The Wink , a collection of seasonal product guides curated by the retailer’s in-house team of designers. Each of the guides will feature head-to-toe looks, product descriptions and QR codes that take users directly to the products, offering a seamless experience from inspiration to purchase. “The Wink is playful, celebratory and authentic — just like our customers,” said Kelly Cook, Chief Marketing and IT Officer at David’s Bridal in a statement.

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Inside Retail

MARCH 13, 2023

WA hospitality and brewing group Triple-1-Three is set to launch a ‘Brewlounge’ concept at Perth Airport in partnership with US-based hospitality company, Delaware North. The business’ craft beer brand Otherside Brewing Co will offer travellers local beers and experimental releases at the new ‘Otherside Brewlounge’ situated in Terminal Two (T2). Otherside’s MD, James Legge, said the brand wanted to “challenge the norm” and create something really special for Perth Airport.

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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

MARCH 13, 2023

Allbirds is planning to overhaul its strategy after a weak Q4 2022 that resulted in the retailer’s first-ever quarterly revenue drop. The retailer still achieved 7% revenue growth for 2022 as a whole, but a poor holiday season resulted in a 13% revenue drop during Q4. The retailer also named Adidas veteran Annie Mitchell as its new Chief Financial Officer, replacing outgoing CFO Mike Bufano.

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Inside Retail

MARCH 13, 2023

Queensland’s largest fashion runway event – the Brisbane Fashion Festival – will return this year from August 21 – 25. The event, its 16th iteration, will be held in Brisbane’s King George Square and City Hall featuring a range of programs including a fashion High Tea, food events and runway shows from both established and emerging creatives. Brisbane Fashion Festival director Lindsay Bennett said the event provides a vital platform to celebrate local design talent on a world-class stage.

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Inside Retail

MARCH 13, 2023

In a rollercoaster year for retail sales, a survey of retailers has indicated an optimistic outlook for store network growth. In what the national property agency CBRE described as a ‘flash survey’, 83 per cent of Australian respondents across a snapshot of the Asia Pacific region indicated expansion plans. CBRE didn’t provide a breakdown of the number of Australian retailers responding about their 2023 growth plans, but 61 per cent of them indicated they were planning to increase the quality of

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Retail TouchPoints

MARCH 13, 2023

The collapse of Silicon Valley Bank (SVB) is sending shockwaves through ecommerce, and some retailers are expecting significant setbacks from the loss of its services. The Department of the Treasury , Federal Reserve and FDIC have promised in a joint statement that all depositors will have access to their money as of March 13 through a newly-created “bridge bank ,” though that was not enough to prevent some hiccups in the industry.

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Inside Retail

MARCH 13, 2023

It turns out Dan Murphy was a real person and not just a corporate avatar designed to make customers feel they’re buying local when, in fact, they’re getting their alcohol from one of Australia’s largest liquor retailers. Endeavour Group was previously part of Woolworths and subsequently spun off and listed (along with BWS, and hotel and gambling assets) on the Australian Securities Exchange in 2021.

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Location Management Marketing Consumer 244

Retail Wire

MARCH 13, 2023

Retailers have reported a rise in shrinkage at the same time that more people are going to stores to shop. “We definitely had an uptick since last year,” Macy’s CEO Jeff Gennette said on the retailer’s earnings call. “It’s an industrywide trend.

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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

MARCH 13, 2023

Etsy on Monday resumed payments to merchants with Silicon Valley Bank accounts after the e-commerce platform paused their payouts over the weekend following the US government shutdown of the bank last week. Approximately 0.5 per cent of Etsy’s active sellers -or around 2,700 merchants- had their payments delayed on Friday related to SVB’s collapse, according to Etsy. “We are working to pay these sellers today, and we’ve already started processing payments via another payment pa

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Merchant Services Payment Services Accounting Shopping 147

Retail Wire

MARCH 13, 2023

Camp, a toy retailer backed by venture capital, sent an email to customers last week saying that it was slashing prices to raise enough money to continue operating its business after its money got tied up in the Silicon Valley Bank failure. Customers can use the “BANKRUN” promotional code to save 40 percent on all merchandise. Camp, founded in 2018, has nine stores in California, Connecticut, Massachusetts, New York, New Jersey, and Texas.

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Promotions 130

Inside Retail

MARCH 13, 2023

Prices are rising around the world, but while markets such as the US, UK and Australia are battling inflation rates of between six and eight per cent, consumers in the Philippines are paying as much as 15.62 per cent more than they did for certain items this time last year. That is according to recent research by software provider Packworks in collaboration with Fourthwall, a sociocultural research firm, which looked at prices for food items in sari-sari stores, the local term for neighbourhood

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Retail Wire

MARCH 13, 2023

Etsy is warning sellers on its platform that the failure of Silicon Valley Bank is causing delays in processing payments. The site used the bank to pay some sellers. An email sent by eBay to sellers said, “We know that you count on us to help run your business and we understand how important it is for you to receive your funds when you need them. Please know that our teams are working hard to resolve this issue and send you your funds as quickly as possible.

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Payment Services 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

Retail Focus

MARCH 13, 2023

The Industrial Revolution transformed the manufacturing industry and led to the development of assembly lines, mass production, and mechanization. Today, another revolution is underway, one that is fueled by advanced technologies such as artificial intelligence, machine learning, robotics, and the Internet of Things (IoT). This new era is revolutionizing industrial automation, improving efficiency, reducing costs, and increasing safety.

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Accounting Promotions 130

Inside Retail

MARCH 13, 2023

Anrealage, a Japanese fashion brand, gained attention at Paris Fashion Week after displaying a colour-changing collection of apparel that was activated by suspended moving UV lights. The Anrealage Fall Winter 2023 collection is influenced by old 1950s fashion, with a concentration on long designs. Colour is changed in clothes sourced from materials such as faux fur, velvet, lace, knitwear, jacquard, and satin using the brand’s latest technological innovation.

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Retail Focus

MARCH 13, 2023

Diamonds are an eternally important resource; one which has stood the test of time and remained relevant in spite of changing fashions and tastes. However, the superficial stability of this market is one that’s really down to retailers being quick to adapt to trends, and forge new paths when obstacles present themselves. To avoid your firm falling behind the times, here are the main things shaping the diamond industry at the moment, and why they matter.

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Consumer Fashion Marketing Management 130

Retail Wire

MARCH 13, 2023

Aimen Halim has filed a lawsuit in the U.S. District Court for the Northern District of Illinois against Buffalo Wild Wings. Mr. Halim claims that the restaurant chain’s boneless chicken wings suggest the item is a regular chicken wing that has been deboned when, in reality, it is closer to a chicken nugget. “This clear-cut case of false advertising should not be permitted, as consumers should be able to rely on the plain meaning of a product’s name and receive what they are pr

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Advertising Consumer 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

Shopping Center

MARCH 13, 2023

Houston, Katy and League City, Texas — Gordon Food Service will open six new stores in metro Houston, the first Texas locations for the brand. Gordon Food Service Stores provide food products, including packaged and fresh goods, to restaurant owners… The post Gordon Food Service to Open Six New Stores in Metro Houston appeared first on Shopping Center Business.

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Location Shopping 98

Retail Wire

MARCH 13, 2023

The average electric car sold in the U.S. gets 291 miles in between charges, according to a Bloomberg analysis of industry statistics. The Lucid Air Grand Touring vehicle has the most extended range at an estimated 519 miles.

ATS 100

ATS 100

Kuusoft

MARCH 13, 2023

Digital bulletin boards, also known as electronic bulletin boards, have become a popular way for businesses, organizations, and… The post Unlocking the Potential of Digital Bulletin Boards for Beginners appeared first on The Official Kuusoft Blog.

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Retail Wire

MARCH 13, 2023

Animal-free dairy products, including cheese, ice cream, and yogurt, are finding their way to store shelves as dozens of companies create milk proteins from yeasts or fungi. Lab-grown dairy doesn’t contain antibiotics, cholesterol, growth hormones, or lactose, and their manufacturing doesn’t come with the greenhouse gases produced by cattle.

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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

MARCH 13, 2023

Retailers who become more emotionally driven can significantly increase profits and build a stronger connection between their customers and their brand.

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Retail Wire

MARCH 13, 2023

The population of White Americans is expected to decline by 27 percent by 2060. The Black population, by contrast, is expected to grow 22 percent during that time. Black consumers’ spending power has increased to $1.8 trillion, up from $971 billion in 2010.

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Consumer Marketing 100

Retail Dive

MARCH 13, 2023

SVB was closed on Friday and taken over by federal regulators, leaving some brands in the dark about how they would access their capital.

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Retail Wire

MARCH 13, 2023

The Toronto Star’s editorial board said that Nordstrom’s decision to close its store in downtown Toronto is the end of an era where department stores were “multi-storied palaces of consumption offering just about any merchandise a shopper might desire.

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Department Stores 100

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

Retail Dive

MARCH 13, 2023

The partnership will pair social media content creators with up-and-coming brands from the beauty retailer's accelerator program.

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A1 Retail

MARCH 13, 2023

Grosvenor has announced that, last weekend, popular online contemporary clothing and footwearbrand, ARNE, hosted its first pop-up this year at Liverpool ONE. With visitors turning out in their masses, the bricks-and-mortar activation proved an overwhelming success for both ARNE and Liverpool ONE. Bringing their lucrative online brand to a physical format, the North West-based retailer’s pop-up highlights Liverpool ONE’s sustained commitment to supporting local brands and creating innovative, ret

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Apparel ATS Management 72

Retail Dive

MARCH 13, 2023

CEO Satish Malhotra joined two years ago, and he’s using his experience at the beauty company to freshen up the home retailer’s strategy.

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ATS 97

365 Retail

MARCH 13, 2023

Today’s online shoppers expect to be able to shop across a multitude of platforms. According to Harvard Business Review, 73% of all consumers now use multiple channels during their purchase journey. By building an omnichannel strategy, brands can diversify reach and expand their presence across different channels to communicate with audiences they may have previously failed to resonate with, as well as engage new customers.

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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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