Retail TouchPoints

OCTOBER 16, 2023

Despite a positive job market and a stabilized economic environment, most consumers ( 96% ) are looking to save money in the short term, according to a recent study from PwC. But at the same time merchants’ margins are being squeezed, making intelligent pricing and promotions strategies even more critical for success. Lifecycle pricing , which integrates base pricing, promotions and markdowns into one holistic strategy, can help merchants optimize their approach — especially as they strive to lo

Markdowns 316

Markdowns Promotions Merchant Services Marketing 316

Inside Retail

OCTOBER 16, 2023

Outland Denim Group has announced the addition of Nobody Denim to its portfolio as it eyes international expansion. With the new member, Outland has grown to four businesses and is preparing for its third round of equity crowdfunding on October 17. The company describes itself as “an ecosystem of brands dedicated to creating positive social and environmental change” It is developing an emerging revenue stream with a textile waste solution, targeting the issue of 200,000 tonnes of tex

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Fashion Accessories 277

Retail TouchPoints

OCTOBER 16, 2023

In today’s hyper-competitive ecommerce landscape, data isn’t just a buzzword. It’s the most important weapon for success in your arsenal. However, as stringent consumer privacy laws like GDPR and CCPA make collecting customer data more difficult, brands are having to adapt their data collection strategies to adhere to new standards. The advent of these constraints has propelled the value of zero-party data (ZPD) to new heights.

Marketing 271

Marketing Consumer Shopping Customer Experience 271

Inside Retail

OCTOBER 16, 2023

Property fund manager ISPT is selling its GPO and The Strand Melbourne retail buildings. ISPT has tapped CBRE’s Simon Rooney and James Douglas and Colliers’ Lachlan MacGillivray to sell the assets. The GPO houses Australia’s largest H&M flagship store, which has a 10-year lease agreement until March 2034, while The Strand Melbourne is home to fashion and retail tenants including Cos, Acne Studios, Asics, Onitsuka Tiger, Dinosaur Designs, Midas, and Franck Provost. “The two assets are

Fashion 264

Fashion Location Marketing Management 264

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.

Checkout

Retail TouchPoints

OCTOBER 16, 2023

Banana Republic has opened its new flagship store on Geary Street in San Francisco’s historic Union Square shopping district, and its new home goods line BR Home is getting the star treatment. The company described the two-floor , 3,500-square-foot flagship as “a natural next step” in its transformation into a “leading destination for high-quality apparel, accessories and home goods.

Apparel 251

Apparel Accessories Shopping 251

Inside Retail

OCTOBER 16, 2023

Earlier this year, in June, Petco opened a luxurious two-storey pet care centre in the heart of Union Square in New York City. The centre features a grooming salon with self-service options, a full-service veterinary hospital, a curated mid-tier and high-end merchandise assortment, a cafe specifically designed for a canine clientele, and more features to serve the needs of man’s best friend and their owners.

Marketing 264

Marketing Clienteling Accessories Apparel 264

Inside Retail

OCTOBER 16, 2023

Shoe retailer Ecco has reopened its 16 flagship stores with a refreshing transformation, celebrating its 60th anniversary. Featuring the new concept “What Makes A Family”, the stores commemorate the changing concept of family over the previous six decades. The campaign features three families photographed by Sean Thomas, including pro-rider and stuntman Travis Pastrana and pro-skateboarder Lyn-Z Pastrana with their daughters, Japanese model and actor Kiko Mizuhara with her sister Ashley Y

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Shopping Accessories Fashion 263

Retail TouchPoints

OCTOBER 16, 2023

Walmart , which had announced plans to open four next-generation fulfillment centers in June 2022 , will build a fifth location scheduled to open in 2026 in Stockton, Calif. The 900,000-square-foot facility will help Walmart fulfill online orders for West Coast customers more quickly and efficiently. “In response to increasing customer demand for online shopping, we are implementing technology to enhance delivery speed and accuracy for our customers, all the while creating new and exciting techn

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Fulfillment Location Planning Shopping 235

Inside Retail

OCTOBER 16, 2023

Asked to choose between a brown Birkenstock and a pink stiletto, most people would be able to make a fairly quick decision. In this year’s Barbie movie, Weird Barbie challenges Stereotypical Barbie to make this very choice. To Barbie, the high heel represents a life of beach fun and dance parties, while the sandal means “knowing the truth about the universe”.

Fashion 245

Fashion Marketing Consumer Shopping 245

Retail TouchPoints

OCTOBER 16, 2023

Angela Hsu, Chief Marketing Officer (CMO) at Bed Bath & Beyond , has stepped down from her post. Dave Nielsen, President of the retailer formerly known as Overstock.com, will take over Hsu’s responsibilities while the search for a new CMO kicks off, according to DigitalCommerce 360. “It’s been a pleasure being the CMO, transforming Overstock.com into a 100% home furnishing retailer in 2022 and swiftly relaunching as the new online Bed Bath & Beyond in August 2023,” Hsu wrote on her

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Home Furnishings Marketing ATS 232

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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

Inside Retail

OCTOBER 16, 2023

Hank & Hera, a Sydney-based luxury sleepwear startup, believes it is breaking new ground in the fashion industry, launching a range of body-positive inclusive nightwear. The brand aims to set itself apart by offering one of the most extensive size options in the industry – from sizes four to 34. Inspired by her experiences as a plus-size woman, Hank & Hera founder Philippa Giles created a brand that caters to women regardless of size. “Every woman deserves to feel like a goddess,

Boutique 242

Boutique Fashion Marketing ATS 242

Retail TouchPoints

OCTOBER 16, 2023

After six weeks of speculation and negotiation, Rite Aid has officially filed for Chapter 11 bankruptcy and has reached a tentative agreement with its largest lenders on a financial restructuring plan. Rite Aid also announced the appointment of Jeffrey Stein, Founder of the financial advisory firm Stein Partners, as its new CEO, Chief Restructuring Officer and a member of the company’s board of directors, effective immediately.

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Finance Planning Management ATS 232

Tokinomo

OCTOBER 16, 2023

Campaign corner This changes everything. Two months following the initiation of its marketing campaign focused on farmers and health, the prominent alternative meat company Beyond Meat is intensifying its emphasis on the health benefits of its products through the introduction of its latest " This Changes Everything " campaign. This move comes a few months after receiving certification from the American Heart Association for the heart-healthy attributes of its Beyond Steak product.

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Marketing 204

Retail Focus

OCTOBER 16, 2023

Shaftesbury Capital has signed 16 new retail brands across its Covent Garden estate in the last six months. The quality and diversity of operators reflects Shaftesbury Capital’s commitment to attracting the best global, British and independent brands, and demonstrates a strong vote of confidence in the long-term appeal and prospects of Covent Garden, and the West End more widely.

Boutique 147

Boutique Outdoor Apparel Location 147

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

OCTOBER 16, 2023

India boasts a staggering 750 million active internet users armed with smartphones. Even if only a fraction of these users convert into consumers, it spells immense profitability for retail brands. This is precisely what direct-to-consumer (DTC) brands have been capitalising on in recent years. Imagine if they could bypass middlemen and reduce costs.

Supply Chain Management 130

Supply Chain Management Beauty and Health Consumer Fashion 130

Retail Focus

OCTOBER 16, 2023

Bespoke Hat Maker Marcel Rodrigues opened a pop-up shop at 20 Savile Row on Thursday 12 October. Known for his bespoke fedoras, Marcel Rodrigues took over the space as the first ever bespoke hatter on The Row in its centuries long history. Marcel brings his unique style to the tailoring district, further expanding the bespoke offering on The Row. Founder Marcel Steyn started his career as an apprentice at Cad & The Dandy on Savile Row in 2008 where he learned the art of tailoring.

Dead-Stock 147

Dead-Stock Apparel Shopping Location 147

Inside Retail

OCTOBER 16, 2023

Top Australian companies that backed constitutional recognition of Indigenous people said they respected voters’ rejection of the change but would now take their own steps to try to improve opportunities for the country’s first inhabitants. At an October 14 referendum, Australians overwhelmingly voted down a proposal to create a constitutionally-protected Indigenous parliamentary advisory body, known as the Voice.

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Department Stores Management Promotions ATS 130

Retail Focus

OCTOBER 16, 2023

Sensormatic Solutions , the leading global retail solutions portfolio of Johnson Controls , today announced its predictions for the UK’s busiest shopping days of Peak Trading 2023. The annual predictions for the top busiest shopping days during the Golden Quarter and Christmas trading were compiled by Sensormatic Solutions retail traffic consulting and analytics group.

Shopping 147

Shopping Planning Consumer Promotions 147

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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

Inside Retail

OCTOBER 16, 2023

American drugstore chain Rite Aid has filed for Chapter 11 bankruptcy protection amid billions of dollars in debt, declining sales, and lawsuits over alleged illegal prescriptions for painkillers. The company said it has received a commitment for $3.45 billion in new financing from its lenders, which is expected to provide sufficient liquidity to support it during the process.

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Payment Services Finance Location 130

Retail Wire

OCTOBER 16, 2023

LinkedIn is reducing its workforce by nearly 700 employees. Revenue growth for LinkedIn has decelerated over eight consecutive quarters. Most layoffs are from the core engineering group; finance and HR also affected. Amidst these reductions, LinkedIn is looking to hire more in India.

Finance 100

Finance 100

Dezeen

OCTOBER 16, 2023

Local studio Architecture for London has designed an interior for stationery store Present & Correct in London , which features gridded joinery and draws on "wunderkammer" cabinets of curiosities. The studio designed bespoke joinery and storage for the Present & Correct shop in Bloomsbury, central London, which sells vintage and new stationery from across the globe.

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Kiosk Shopping Location ATS 125

Retail Wire

OCTOBER 16, 2023

Foot Locker, a sports apparel company, has announced plans to close 400 stores in North America by 2026.

Apparel 133

Apparel Planning 133

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

Retail Dive

OCTOBER 16, 2023

Leaders at Amazon and Mattel say movies and nostalgia help drive strong consumer interest for iconic brands ahead of the holiday shopping season.

Consumer 133

Consumer Shopping ATS 133

Retail Wire

OCTOBER 16, 2023

Shares of Avenue Supermarts, the operator of India's DMart store chain, saw their biggest fall in five months after the company reported its first quarterly

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Retail Gazette

OCTOBER 16, 2023

THG is exploring plans to list its MyProtein nutrition business in the US following pressure from activist investors to separate the division, The Telegraph reported. Shareholder Kelso Group upped its stake in the listed company to 8m shares earlier this year and has advocated for chief executive Matt Moulding to spin off the MyProtein arm. A potential listing raises eyebrows given THG’s track record as a listed business since it floated on the London Stock Exchange in 2020.

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Returns Planning 113

Retail Wire

OCTOBER 16, 2023

In Monday’s trading, the US dollar retreated as market sentiment improved in anticipation of Tuesday’s key economic releases. Various important events.

Marketing 100

Marketing 100

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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 Gazette

OCTOBER 16, 2023

Frasers Group has confirmed it is set to acquire SportScheck, one of the leading sports retailers in Germany from Signa Retail Department Store Holding for an undisclosed amount. In a release, the Mike Ashley controlled group said the acquisition “will enable Frasers to grow its presence in Germany, one of the biggest sports markets in Europe and a key focus area for the Sports segment.” SportScheck trades from 34 stores across Germany with revenue of approximately €350m, and a loyal

Sporting Goods 113

Sporting Goods Fast Fashion Department Stores Fashion 113

Retail Wire

OCTOBER 16, 2023

Seattle-based outdoor retailer REI has cut 275 retail positions, including 19 in Washington state, which equates to 2% of its national workforce, as part of a

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Outdoor 100

Retail Gazette

OCTOBER 16, 2023

Marks & Spencer has launched its recruitment drive for 10,000 new customer assistants nationwide ahead of the festive season. The move marks a 40% increase on last year’s Christmas recruitment drive as the retailer invests more in colleague hours to support customers on the shop floor. The roles will span both the retailer’s food and clothing and home businesses and are located all over the UK, with vacancies in every store.

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Location Shopping ATS 113

Retail Wire

OCTOBER 16, 2023

CoStar Group’s Q3 2023 review reveals a challenging period for retail, multifamily, hospitality, and office property sectors. Retail leasing activity has.

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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