Tue.May 24, 2022

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Patagonia’s Newest Mission: Replacing Single-Use Packaging with Technology

Retail TouchPoints

Perhaps no brand has more sustainability street cred than Patagonia. That reputation is well-earned — from the company’s self-imposed “Earth Tax” and the Sustainable Apparel Coalition (which it founded alongside Walmart ) all the way down to the plastic swift tacks used to attach its hang tags, Patagonia is known for practicing what it preaches. And yet the company keeps pushing to find ways to do more, and one of the many executives participating in these efforts is Jennifer Patrick, Director o

Apparel 349
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NSW retailers using single-use plastic bags to face fines from next week

Inside Retail

Retailers doling out single-use plastic bags in New South Wales face fines of up to $275,000 from Wednesday, June 1 as a statewide ban comes into force. NSW Environment Minister James Griffin said the reason for the single-use plastic bag ban was simple: “It will stop plastic getting into our environment at the source.”. “Single-use plastic is used by many of us for just a few convenient minutes, but it remains in our environment for many years, eventually breaking into microplastics,” Griffin c

Grocer 298
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With U.S. Livestreaming on the Rise, Firework Raises $150M in Fresh Funding

Retail TouchPoints

Livestreaming platform Firework has secured $150 million in Series B financing led by SoftBank Vision Fund 2 , bringing its total funding to-date to more than $235 million. Brands, retailers and marketplaces are increasingly using shoppable live-video events to promote products and raise brand awareness, with Coresight Research projecting that livestreaming in the U.S. market will more than triple by 2024 to reach $35 billion.

Finance 288
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Reality bites: how composable architecture is a make-or-break strategy for retailers looking to thrive

Retail Focus

Global e-commerce jumped to $26.7 trillion in the first year of the pandemic, a dramatic leap forward from a trend that had already hobbled many high street retailers. Unable to contend with the double whammy of changing consumer behaviour and a COVID-induced slump, dozens of brands fell into administration, from Arcadia and Debenhams to Monsoon and Cath Kidston, with the closure of hundreds of physical stores.

Fashion 246
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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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How Retail Should Enter the Metaverse

Retail TouchPoints

Retail is just like any other business category — a buzzword symbolizing an abstract concept gains traction, and the excitement takes over before there’s actually time to use that word in a sentence. Essentially, we lack a couple of concrete examples of how that idea could play out for brands in a winning way. The issue with a buzzword becoming something more is that often, the term is too squishy — it’s introduced in a vague way across the industry, and thought leaders end up all discussing it

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Grocer Supabarn uses flexible paydays to lure staff

Inside Retail

Canberra-based independent grocery retailer Supabarn believes it has found an edge in attracting staff amid serious labour shortages in the sector. Owner Theo Koundouris says offering staff flexible access to wages has helped attract talent – and there has been a quick uptake among existing staff. . “It’s been hard to find staff with the absence of international student and visa holders the past few years.

Grocer 246

More Trending

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Fourteen new retailers to open at Gold Coast Airport

Inside Retail

Gold Coast Airport will add 14 more retailers to its existing and new terminals as part of a broader expansion project. The new arrivals – set to open later this year – will include a cafe bar and bookshop in partnership with Golosi Food Emporium, a range of eateries including a Mediterranean and Asian themed restaurant, a news, convenience and souvenir outlet, an expanded 1342sqm duty-free store operated by Heinemann, and a children’s store.

ATS 244
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Walmart Doubles Down on Drone Delivery, Distribution Center Robotics

Retail TouchPoints

Walmart is expanding its deals with two tech partners, upping the ante in delivery and warehouse automation. DroneUp will broaden its drone delivery network to 34 sites, allowing Walmart to reach upwards of 4 million customers; and Symbotic robotics will be implemented at all 42 of Walmart’s regional distribution centers (DCs), up from the previous commitment of 25 DCs. .

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Shopper Marketing Weekly Snacks #07

Tokinomo

Campaign scoop. Audio advertising. When talking about keeping consumers engaged with ads, audio has strengths other platforms lack. A new report from Audacy breaks down what audio disruptors are doing today to take an audio approach that encompasses podcasts, radio, and more.

Marketing 209
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Starbucks Joins Growing List of Companies Exiting Russia

Retail TouchPoints

In response to the ongoing conflict in Ukraine, Starbucks has announced that it will leave the Russian market and close all 130 stores located in the country. In a statement made May 23, 2022, Starbucks’ CEO Kevin Johnson noted that the company will support its nearly 2,000 associates in Russia with six months of pay and job search assistance. Starbucks entered the Russian market in 2007 and its franchises in the country are operated by Kuwait-based Alshaya Group.

Marketing 241
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From Data to Decisions: Maximizing Retail Potential with 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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Biryani instead of meatballs: Here’s Ikea’s recipe for success in India

Inside Retail

A bundle of surprises awaited the Swedish furniture giant Ikea when it entered India in 2018. As it unpacks the market layer by layer, Ikea’s range of services and products is constantly expanding to suit the evolving needs of Indian shoppers. From delicious biryanis to free breakfasts and vertical storage solutions to cooking pans, Ikea’s 8,000-strong inventory is painstakingly designed to satisfy the local needs.

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Starbucks is leaving Russia and closing 130 shops

Retail Wire

Starbucks has made the decision to permanently close its business in Russia after 15 years operating in the country. The coffee giant is shuttering all 130 coffee shops that operated in Russia prior to that country’s attack on Ukraine.

Shopping 130
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How new fast food chain Slim’s Quality Burgers is reviving the drive-in

Inside Retail

A new burger chain launched by former staff from Betty’s Burgers & Concrete Co., is aimed squarely at driving a change to Australia’s quick service space. Slim’s Quality Burgers is the brain child of Nik Rollison, Michael Tripp, and David Hales, and is currently operating out of two locations in Sydney: one in Marrickville Metro, and another in Westfield Mount Druitt.

Location 130
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Tech leaders prioritize supply chain efficiency gains

Retail Wire

Chief information officers at Carhartt, Walgreens and other companies are focusing their tech investments on increasing efficiency and cutting costs throughout the supply chain. “When budgets are under significant scrutiny, companies tend to place more emphasis on shorter-term solutions that can drive efficiency and productivity,” said Juan Perez, chief information officer at Salesforce.

ATS 130
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Forrester Report: Demystifying The Technical Functions of POS Solutions

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.

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Beyond skin deep: Q&A with Oz Hair & Beauty CEO Anthony Nappa

Inside Retail

Thirty years ago, Italian-Australians Venessa and Elio Nappa opened their first hairdressing salon in Sydney. Little did they know that one day, their sons would take the reins and turn it into a $40 million business with a loyal customer base and plans to expand into omnichannel. Here, CEO Anthony Nappa discusses the business’ plans for the store network, his belief in physical retail, and the growth of the men’s grooming category.

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8 Business Credit Cards for Travel

Small Biz Trends

If you’re thinking, “ Why should I get a business credit card for travel?”, here are your answers. It’s not the right type of credit card for every small business owner. But if the bulk of your spending involves airfare, lodging and rental car expenses, a travel rewards-focused card is for you. What is a Business Travel Credit Card?

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Bluetti power station line signals time to switch to solar

Inside Retail

With the first announcement of Bluetti’s AC300 portable heavy-duty solar generator on the US market in September last year, the time has finally come to ditch the noisy old gas/propane generators that many businesses have relied on for decades and join the solar age. With its accompanying B300 3072Wh LFP battery pack, the generator officially hits stores in Australia this week on May 25.

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Get More from Your Cybersecurity Spend When Inflation Rates Climb

Cisco Retail

Find out how you can stretch your organization’s security budget amidst inflation and its economic impacts. No one could have predicted the lasting effects of the pandemic on our economy. A strain has been put on the overall supply chain, causing the value of the dollar, or any other local currency, to not go as far as it once did. Consumers are experiencing skyrocketing energy, gas, and food prices, and businesses are facing delays in deliveries of goods and services to their customers.

Finance 122
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Mapping Digital Transformation: Retail’s Strategic Shift

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

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Qantas takes majority stake in online booking platform TripADeal

Inside Retail

Qantas now owns a controlling interest in online travel booking platform TripADeal which will open the way for Frequent Flyer program members to use points for travel packages. Qantas Group CEO Alan Joyce said the acquisition allows Qantas to gain a bigger slice of the $13 billion online packaged holiday booking market which is booming as the country emerges from the pandemic.

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Arby’s puts a burger on the menu for the first time

Retail Wire

Arby’s is known for its roast beef and not burgers for a good reason. It’s never sold burgers. That’s about to change as Arby’s is adding its “Wagyu Steakhouse Burger” to the menu for the first time. The burger, which is a blend of Wagyu and ground beef, sells for $5.99.

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10 Tips to Attract Tourists and Travelers to Your Small Business

Small Biz Trends

Tourists and business travelers need ways to save money; small business owners need ways to make money. Where’s the common ground? How can you turn tourists and business travelers into customers? Attracting Tourists to Your Small Business. We asked Dave Charest, Director of Small Business Success for Constant Contact, for his best ideas. Constant Contact is a company that specializes in email marketing software tools. 1.

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Abercrombie & Fitch got off to a tough start in 2022

Retail Wire

Abercrombie & Fitch posted a first-quarter loss of 27 cents a share despite a four percent rise in sales year-over-year. The retailer pointed to the impact of inflation on the cost of goods and freight as the biggest factors for its loss. The company pledged to manage its expenses as the year goes on.

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The Personalization Playbook: 2024 Strategies

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.

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The Range partners with Ideal World to launch livestream with shoppable content

365 Retail

The Range and TV shopping channel, Ideal World TV will launch The Range TV this weekend as they look to win the battle for consumer attention both in-store and on screens with a unique retailer-shopping-channel partnership. Ideal World TV will provide studio space for The Range to install a full ‘store-in-studio’, livestreaming the retailer’s video content on popular social media platforms such as TikTok, Instagram and YouTube – as well as broadcasting on Ideal World’s own TV shopping chan

Kiosk 122
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Best Buy expects to take a hit from inflation

Retail Wire

Best Buy’s sales fell 8.5 percent during the first quarter and earnings were down as the consumer electronics chain reported a modest increase in inventory. The retailer reduced its forecast for the year, but CEO Core Barry was confident in its future prospects. “Even with the expected slowdown this year, we continue to be in a fundamentally stronger position than we were before the pandemic from both a revenue and operating income rate perspective,” she said.

Consumer 100
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The Beauty Industry Glow Up of 2022 & Beyond

Intelligence Node

Introduction In the era before the new normal – otherwise known as the year 2019 – the global cosmetics market was valued at $380.2 billion.

Marketing 104
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Farmers markets face challenges in Twin Cities region

Retail Wire

Farmers markets in and around Minneapolis and St. Paul are struggling to find necessary funds to keep operating. Many point to changes in consumer behavior and the health of businesses that rent stalls as the biggest factors affecting the markets.

Marketing 100
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How Personalized Customer Experiences Drive Retail Growth and Revenue

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

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Cisco announces first outdoor Wi-Fi 6E ready access point and enhancements for industrial remote operations

Cisco Retail

People expect seamless Wi-Fi – outdoors, walking across campus from buildings to parking lots, and everywhere in between. The same is true of industrial sites. Smooth operations require reliable wireless connectivity at the factory, into the warehouse, and across loading docks and ports. Machines need reliable, high bandwidth connectivity as businesses increase automation and connect more assets like autonomous robots and AGVs.

Outdoor 111
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Walmart pulls Juneteenth ice cream after backlash

Retail Wire

Walmart has pulled its Great Value Juneteenth Ice Cream after having been accused of trying to trivialize and seek profits from a connection to a holiday tied to emancipation of Black people from slavery in the U.S. The “Juneteenth holiday marks a celebration of freedom and independence,” Walmart said in a statement. “However, we received feedback that a few items caused concern for some of our customers, and we sincerely apologize.”.

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Reality bites: how composable architecture is a make-or-break strategy for retailers looking to thrive

365 Retail

Global e-commerce jumped to $26.7 trillion in the first year of the pandemic, a dramatic leap forward from a trend that had already hobbled many high street retailers. Unable to contend with the double whammy of changing consumer behaviour and a COVID-induced slump, dozens of brands fell into administration, from Arcadia and Debenhams to Monsoon and Cath Kidston, with the closure of hundreds of physical stores.

Fashion 111
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Ralph Lauren expects sales and margins to improve

Retail Wire

The luxury consumers who purchase Ralph Lauren are not expected to let inflation slow them down. That’s why the brand forecast higher sales and margins for the year.

Consumer 100
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Planning the Architecture of Your Modular DXP

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.