Fri.Oct 01, 2021

article thumbnail

Neiman Marcus Responds to Breach of 4.6 Million Customers’ Data

Retail TouchPoints

Neiman Marcus Group (NMG) said it recently learned personal information from as many as 4.6 million online customers had been obtained by an unauthorized party. The company is in the process of notifying its online customers of the security breach, which occurred in May 2020. The retailer said it has notified law enforcement and is working closely with Mandiant , a leading cybersecurity expert, to investigate.

article thumbnail

Instacart shoppers may refuse orders, walk off the job

Retail Wire

A group of Instacart shoppers has call on others delivering for the third-party service to walk off the job or refuse low-paying orders as it seeks to improve compensation and working conditions for gig workers. The call for a work action follows another call by the Gig Workers Collective for Instacart customers to boycott the service over its treatment of shoppers and delivery people.

130
130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Companies Should Consider Outsourcing Some or All of Their Supply Chain

Retail TouchPoints

As supply chains become increasingly complex due to the proliferation of commerce channels and higher consumer expectations, businesses are turning to outsourced functions that can deliver on speed, quality and cost. Insourcing Fulfillment. Many traditional retailers have relied on the belief that controlling more parts of their supply chain will bring costs down.

article thumbnail

Dollar stores face headwinds in pursuit of fast growth

Retail Wire

Dollar stores are being tested by supply chain challenges, increasing opposition from local communities where new stores are planned and a workforce unhappy with low pay and job demands they see out of sync with their compensation.

Planning 130
article thumbnail

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.

article thumbnail

TD Bank Exec Recommends Retailers Build Up Inventory to Combat Inflation and Meet Current Customer Needs

Retail TouchPoints

Retailers are facing both a major opportunity and a major challenge in the coming months: shoppers are primed to spend big during the holidays, but labor and product shortages may make it difficult to fully take advantage of this opportunity. It’s a tricky proposition, but retailers that can maintain the inventory needed to meet this pent-up demand will set themselves up for a very successful season.

Shipping 246
article thumbnail

John Mackey stepping down as Whole Foods CEO

Retail Wire

John Mackey, who co-founded Whole Food Market in 1980, is stepping down as the chain’s CEO on Sept. 1, 2022. Whole Foods COO Jason Buechel will replace Mr. Mackey. “Jason is a true servant leader and champion of Whole Foods’ culture and values, and he will lead the company into the future,” Mr. Mackey said.

Marketing 130

More Trending

article thumbnail

Guest Post: Customer Service Automation: A Quick Beginner’s Guide

Hyken

This week we feature an article by Jason Grills, Customer Support Expert at ProProfs , a company that provides software that empowers organizations to deliver happiness to their customers and employees. He writes about what automated customer service can do for your business. Customer service automation isn’t a new deal for businesses. It has built a stable reputation for itself in the past decade.?

article thumbnail

Mail delivery to slow down starting today

Retail Wire

The U.S. Postal Service will slow mail delivery beginning today as part of Postmaster General Louis DeJoy’s plan to cut operating costs. Roughly 40 percent of all first-class mail will take longer to get to intended destinations. Western states and parts of Texas and Florida are expected to see the biggest delays in receiving new mail.

Planning 100
article thumbnail

Walmart expands Free Assembly private label with kids product line

Retail Dive

In its latest bid to be a fashion destination, Walmart is adding to its assortment of children's apparel months after partnering with tween brand Justice.

Apparel 125
article thumbnail

Male celebs wear charm necklaces and brands think regular Joe’s will follow

Retail Wire

Celebrities such as Justin Bieber, Pete Davidson and Harry Styles have been photographed wearing charm necklaces and a growing number of jewelry brands are betting that average guys are likely to follow, despite the segment having long been targeted to girls and women.

Jewelry 100
article thumbnail

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.

article thumbnail

Gopuff plans to open a digital-first retail store

Retail Dive

Planning documents filed in San Francisco outline a location that has digital ordering kiosks and is built to efficiently manage in-store and online orders.

Planning 123
article thumbnail

Neiman Marcus notifies 4.6M online customers about data breach

Retail Wire

Neiman Marcus Group has notified 4.6 million online customers that their personal information, including credit card numbers, may have been compromised in a hack of the retailer’s system in March 2020. The company, which emerged last year from Chapter 11 bankruptcy protection, said that it does not appear that accounts with its Bergdorf Goodman and Horchow businesses were affected.

article thumbnail

As it opens more brick-and-mortar stores, Ross hires new CFO

Retail Dive

Adam Orvos, the retailer's head of supply chain administration, starts in the role on Friday. His predecessor, Travis Marquette, left for Burlington in July.

120
120
article thumbnail

NGA wants FTC to investigate big chains’ ‘predatory’ behavior

Retail Wire

The National Grocers Association (NGA) has alleged in a comment to the Federal Trade Commission (FTC) that independent grocers are being disadvantaged as result a result of “predator” behavior on the part of “dominant retailers” in the market. “Dominant players in the grocery industry have used their buyer power to impose discriminatory terms and conditions on suppliers that disadvantage smaller independent grocers and harm consumers,” NGA stated.

Grocer 100
article thumbnail

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.

article thumbnail

Retailing in India: Serving Sweet Emotions

VMS

Sweets have been a part of Indian history, right from the point at which the Indus Valley civilization invented the art of refining sugar 8000 years ago. Interestingly, the English word “sugar” comes from a Sanskrit word sharkara, meaning refined sugar. Since then, the Indian subcontinent has created more than 500 types of sweets – reportedly the most in the world.

article thumbnail

The pandemic exposed retail’s supply chain weaknesses

Retail Wire

Retailers went into the 2020 Christmas holiday season with plenty of inventory but worries about whether consumer demand would support it. Merchants know that demand is there this year but don’t know whether they will have enough product on hand to meet it. The pandemic has revealed numerous weaknesses in the retail supply chain and some experts believe that it will take years to fix it.

Consumer 100
article thumbnail

Wolf Blass launches £1m luxury travel campaign

Talking Retail

Treasury Wine Estate’s (TWE) has kicked off a campaign for its Wolf Blass range, in partnership with luxury travel company Secret Escapes. The “Why Settle When You Can Soar?” campaign is running until 31 December and offers consumers the chance to win “once-in-a-lifetime” travel prizes worldwide. Around 900,000 Wolf Blass bottles across the UK feature.

Consumer 110
article thumbnail

Top 10 integration patterns for enterprise use cases

Mulesoft

Did you know that organizations generate 27% of their revenue from APIs and related implementations, but only 18% of organizations say they can integrate end-user experiences? (Source: MuleSoft 2021 Connectivity Benchmark Report). With a growing number of demands and expectations both internally and externally, connecting applications in a seamless and scalable way continues to be […].

110
110
article thumbnail

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.

article thumbnail

Over 30% of consumers plan to spend more on gifts in 2021: Klarna

Retail Dive

A survey found that 62% of respondents plan on shopping with big-box retailers during the holiday season, followed by department stores and malls.

Planning 120
article thumbnail

AI Offers Versatile General Robots on Horizon, Says Robotics Visionary

Nvidia

Robots require huge training leaps in AI to become versatile general helpers, says robotics pioneer Pieter Abbeel, who laid out a vision for such neural network brains of the future. Home robots are electronically and mechanically possible today, Abbeel said, but they lack the AI know-how to navigate a wide variety of situations. “It’s just our software, our AI, that hasn’t been good enough to make this a reality in our home,” he said.

ATS 101
article thumbnail

J.C. Penney to unveil inclusive beauty concept

Retail Dive

The department store tried to salvage its lucrative Sephora partnership just as it entered bankruptcy last year.

article thumbnail

Everlane Restructures Leadership

VMS

Founder and CEO of apparel retailer Everlane (San Francisco) Michael Preysman will take on the role of Executive Chair and Climate Activist and make way for incoming CEO Andrea O’Donnell, reports WWD. O’Donnell was previously President of Fashion Lifestyle at Deckers Brands, where she oversaw the transformation of footwear brand Uggs into a fashion brand via designer collabs and influencer marketing.

article thumbnail

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

article thumbnail

Neiman Marcus warns 4.6M customers about data breach

Retail Dive

Personal information and payment cards were exposed in the hack, which is not the first for the luxury department store.

article thumbnail

Whole Foods Co-Founder, CEO John Mackey to Retire

VMS

Whole Foods Market co-founder and CEO John Mackey has announced he will transition out o fhis CEO role effective Sept. 1, 2022, according to a letter posted on the retailer’s web site. Chief Operating Officer Jason Buechel will become CEO at that time. “Jason has a number of very special qualities that will help him succeed as our next CEO. Not only is he extraordinarily intelligent with unusually high integrity, he is also a servant leader who lives and embodies Whole Foods Core Values and Lea

article thumbnail

The Weekly Closeout: The Yeezy Gap hoodie looks like a hoodie and Eastbay launches its first private label

Retail Dive

Kanye's latest Gap offering will ship in two to eight weeks, while Foot Locker's high-school focused brand introduced a performance line.

article thumbnail

France Considers Ban on Free Shipping for Online Sellers

VMS

French lawmakers will consider a draft law that would prevent Amazon (Seattle) from offering virtually free delivery for book purchases, reports Politico. The law, which originated in the Senate, is backed by French President Emmanuel Macron and was proposed to protect brick-and-mortar retailers from competition with Amazon. “The objective is to reduce the distortion of competition between online players who can offer book deliveries at one cent, and the others,” said Géraldine Banni

article thumbnail

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.

article thumbnail

Poundland launches new range of water filters to help customers save money

Retail Times

Poundland today launched a new range of water filters and accessories at prices up to a quarter lower than the leading brand.

article thumbnail

Small stores could turn unhealthy food restrictions to their advantage, says data analyst

Talking Retail

Data company IRI says that the UK’s new regulations on high fat, sugar and salt foods (HFSS) could cost convenience retailers £583m a year in lost sales. The new rules – due to come into force next year – will limit where HFSS products can be displayed and ban special price promotions. But because stores. This story continues at Small stores could turn unhealthy food restrictions to their advantage, says data analyst.

article thumbnail

The Days of a $1,600 Shipping Container Will Never Return

LS Retail

©iStock/zhaojlankang According to Eamon McKinney, Ph.D., M.B.A., (sinologist) and an expert on China-related business, pre-Covid-19, the cost of shipping a container from Shanghai to Los Angeles was about $1,600. Today, if you are lucky enough to get one, it could cost you up to $20,000 to ship that container. The problem is mainly due to a chronic shortage of containers.

article thumbnail

Nespresso debuts new experiential boutique concept in the UK at Bluewater

Retail Times

Nespresso has debuted its new experiential boutique concept in the UK at the Bluewater shopping centre in Kent. The evolved boutique concept is designed to meet shoppers’ changing needs by offering immersive, localised and personalised experiences, exploring the artistry behind some of the world’s finest coffees.

article thumbnail

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