Fri.Jul 22, 2022

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Ecommerce Check-In: Has 2022 Shaped Up the Way We Predicted? 

Retail TouchPoints

The ecommerce boom of 2020 brought millions of new shoppers to digital platforms, and that growth trajectory continued into 2021. At the end of 2021, the editors of Retail TouchPoints took a stab at predicting what would happen in ecommerce in 2022. Now, at the halfway point of the year, we thought we’d check in on how well our predictions have held up.

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7-Eleven lays off about 880 corporate workers

Retail Wire

7-Eleven is letting 880 corporate workers go following its acquisition of Speedway, announced in 2020. “We are just over a year into our integration process following the $21 billion Speedway acquisition and have made significant progress. As with any integration, our approach includes assessing our combined organization structure,” said a company spokesperson.

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The Art of Curation: ShopStyle’s Journey to Become a First Stop for Fashion

Retail TouchPoints

ShopStyle launched in 2007 with an innovative idea: creating a search engine focused solely on fashion. Fifteen years and two acquisitions later, the landscape of shopping-focused search engines has gotten crowded, with a host of new start-ups and major tech players like Google and Pinterest all looking to get in on the action. As ecommerce has expanded, so has the need for centralized platforms that collate and curate the ever-growing slate of products available for purchase online.

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Uber to offer after-hours grocery ordering

Retail Wire

Uber has updated its delivery service offering to allow customers to place orders from grocery stores after hours, schedule deliveries and track their orders from the store to their door. Oskar Hjertonsson, head of Uber’s global grocery and new verticals business, said the company is “is betting in a huge way on grocery” and is in “a great position to build a great grocery business.”.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Ubers Eats Enhances Customer Experience with Extended Ordering Hours, Live Tracking

Retail TouchPoints

Uber is expanding Uber Eats’ services with new features such as the ability to place orders when grocery stores aren’t open for later delivery, live tracking of orders from store to door and easier product replacements. The improvements will start in select cities before rolling out across the country throughout the summer. The upgrades are aimed at benefiting retailers as well as customers.

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Retail appointments of the week

Inside Retail

Kathmandu CEO Reuben Casey resigns, ‘heads for the hills’. The chief executive of Kathmandu, Reuben Casey, has resigned after 12 years working with the New Zealand outdoor wear brand. KMD Brands Group CEO Michael Daly described Casey as an integral part of Kathmandu during his time with the brand where he served as CFO and COO prior to taking the CEO role.

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Edge Native Applications are Conquering the Edge

Cisco Retail

Join Flo on August 18 for Conquering the Edge , the first of three in a webinar series leading up to our Develop with Cisco event in October. When you are reading about “the Edge,” do you always know what is meant by that term? The edge is a very abstract term. For example, to a service provider, the edge could mean computing devices close to a cell tower.

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Zalando, YOOX Net-a-Porter, About You Band Together to Tackle Carbon Emissions in the Supply Chain

Retail TouchPoints

Online retailers About You , YOOX Net-a-Porter and Zalando have teamed up to reduce carbon emissions in their value chain by creating an online platform designed to help their brand partners set climate targets and reduce greenhouse gas emissions. Each of the three retailers have already set their own emissions reduction targets, but between 70% to 90% of fashion’s carbon footprint comes from upstream supply chain activities such as material production, preparation and processing. “ Our commitme

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A Unique Cybersecurity Career Path: From Journalism to Cisco

Cisco Retail

Few security career paths are linear. For Stephanie Frankel the journey to Cisco Secure was circuitous. The Ann Arbor, Michigan native studied journalism at the University of Michigan before managing communications for the Washington Capitals and NBC Sports. But after several stints at communications agencies, she charted a new path for herself in cybersecurity.

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Mattel’s sales jump 20 percent

Retail Wire

Mattel generated $1.2 billion in sales from April through June, up from $1 billion for the same period in 2021. “We really shifted from being a manufacturing company that was making items to an I.P.-driven company that is managing franchises,” said Mattel CEO Ynon Kreiz. “Our company is now in growth mode.”.

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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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Accelerate and optimize your Trade Promotion Management with MuleSoft

Mulesoft

How effective is your trade promotion strategy and execution? Is your promotional spend – the second largest expense at your company – giving you the expected returns? Is your trade promotion management (TPM) solution powered with all the required data to provide the highest value with the right insights? What is Trade Promotion Management (TPM)? […].

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Primark’s owner finds next finance director at Marks & Spencer

Retail Wire

Associated British Foods, the parent company of Primark, has said that Eoin Tonge will become its new finance director, Mr. Tonge, chief financial and strategy officer at Marks & Spencer, will join ABF by next February at the latest.

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Magnet unveils new look store format

A1 Retail

Significant investment programme will see new immersive stores rolled out across the country. Following a record winter sales period, Magnet has strengthened its commercial estate with the design and roll-out of its new store format. Starting with its Stockton store, Magnet will make a significant investment this year into a programme of new store formats and refreshments, with more investment planned for 2023.

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Older and low-income consumers miss out on digital coupons

Retail Wire

More companies are moving their savings coupons, some exclusively moving to digital. That means that consumers without smartphones or tech know-how — typically older and/or low-income individuals — are missing out. Thirty-nine percent of people 65 and over do not own a smartphone and one-in-four do not use the internet, according to Pew Research Center.

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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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Best 4K Projector Options for Your Business in 2022

Small Biz Trends

As a business, you can always spruce up your presentation using 4K projectors for good effect. You can use projectors for all types of presentations, training, interactive advertising, sales pitches, and meetings. Whether they be videos, images, PowerPoint, or Excel documents, 4K projectors can help you make impactful presentations with your audience.

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H-E-B opens e-commerce fulfillment center

Retail Wire

H-E-B has opened its fifth e-commerce fulfillment center in Leander, TX. The 50,000-square-foot warehouse will fill orders for H-E-B Curbside and Home Delivery orders in Central Texas.

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SBT Publisher Anita Campbell Honored with Ezoic Lifetime Achievement Award

Small Biz Trends

Small Business Trends is proud to announce that publisher Anita Campbell was recently honored with a prestigious award. Campbell was awarded an Ezoic Lifetime Achievement Award at the organization’s 2022 Publisher Awards Ceremony. The special award honors those winners who have not only been an Ezoic customer for several years but who have earned more than $1 billion in revenue during that time.

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Gen-Z are workers

Retail Wire

Thirty-three percent of 16- to 19-year-olds are employed. That’s up from 26 percent (the last year for Millennials) in 2014.

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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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Amazon Suing Social Media Group Admins Over Alleged Fake Reviews

Small Biz Trends

Amazon is taking legal action against the administrators of over 10,000 Facebook groups over alleged attempts to orchestrate fake reviews on Amazon in exchange for free products or money. Amazon Suing Social Media Group Admins Over Alleged Fake Reviews. A statement issued by Amazon on how it is targeting review fraudsters on social media, says the groups are set up to recruit individuals willing to post misleading and incentivized reviews on Amazon stores.

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Dollar Tree taps new CIO amid C-suite shakeup

Retail Dive

Bobby Aflatooni joins other members of the retailer’s C-suite from Dollar General as it navigates a business overhaul, price hikes and rodent problems.

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Sales Figures Got You in a Bind?

Small Biz Trends

This article, " Sales Figures Got You in a Bind? " was first published on Small Business Trends.

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Online prestige beauty sales drop 14%: report

Retail Dive

Macy’s and Target have increased in popularity, though, with Macy’s taking market share away from Sephora and Nordstrom’s online channels.

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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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How to Plan Extraordinary In-Store Events!

Retail Adventures

To be a successful retailer today, you must do more than just sell “stuff”; you need to create experiences that touch customers’ hearts and minds as well as their wallets. You can exist by running an occasional sale, and an event or two throughout the year, or you can thrive using Shoppertainment – in-store events and promotions – to connect with your customers.

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The Weekly Closeout: Tractor Supply names chief marketer and Mattel partners with SpaceX

Retail Dive

Kimberley Gardiner joins the retailer as its former CMO retires. Meanwhile, the toy company signed a multi-year agreement with Elon Musk’s space firm.

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Stan Johnson Brokers $9.3 Million Sale of a Multi-Tenant Retail Portfolio in Metro Atlanta

Shopping Center

Jonesboro, Ga. — Stan Johnson Co. has brokered the $9.3 million sale of a multi-tenant retail portfolio located roughly 17 miles south of Atlanta in Jonesboro. The portfolio includes the 69,868-square-foot Shops of Tara and a 4,164-square-foot outparcel occupied by Starbucks… The post Stan Johnson Brokers $9.3 Million Sale of a Multi-Tenant Retail Portfolio in Metro Atlanta appeared first on Shopping Center Business.

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Yeezy Gap collection now available at NYC flagship store

Retail Dive

The news comes after Kanye West's June trademark application for retail stores named YZYSPLY, and Gap’s CEO Sonia Syngal’s exit last week.

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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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Mid-America Arranges Sale of The Landings at Bolingbrook Shopping Center in Suburban Chicago

Shopping Center

Bolingbrook, Ill. — Mid-America Real Estate Corp. has arranged the sale of The Landings at Bolingbrook, a 112,622-square-foot retail center located in the Chicago suburb of Bolingbrook. PetSmart, OfficeMax, Planet Fitness and Modern Furniture anchor the 91 percent-occupied center, which… The post Mid-America Arranges Sale of The Landings at Bolingbrook Shopping Center in Suburban Chicago appeared first on Shopping Center Business.

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Walmart partnership expands The Honest Company's reach

Retail Dive

The DTC brand has been raising capital and hiring industry executives as it grows its online and in-store footprint.

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First National Realty Acquires 242,000-Square-Foot Retail Center in Birmingham, Alabama

Shopping Center

Birmingham, Ala. — First National Realty Partners has acquired Inverness Corners, a 242,000-square-foot retail center located in Birmingham, for an undisclosed price. A 54,000-square-foot Winn Dixie and a 92,600-square-foot Kohls anchor the property. Additional tenants include Orangetheory Fitness, Mellow Mushroom,… The post First National Realty Acquires 242,000-Square-Foot Retail Center in Birmingham, Alabama appeared first on Shopping Center Business.

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Hasbro, Mattel make gains in tough Q2

Retail Dive

Sales are up at the toy companies, but margins are still getting squeezed by supply chain costs.

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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