RIS News
OCTOBER 9, 2023
From embracing changing consumer behavior to being proactive in their promotional strategies, there are ways to prevent Ebenezer Scrooge from crushing the holiday spirit.
Retail TouchPoints
OCTOBER 9, 2023
In 2024, it won’t be your dad’s supply chain. Shoppers’ retail preferences will be unlike anything we’ve seen even just a year ago. More fluid. Less predictable. Highly distributed! These four emerging trends elevate the urgency for supply chain execs to move distributed order management (DOM) to the top of their lists. #1: Retailers are testing brands, hiding the parent brand.
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Inside Retail
OCTOBER 9, 2023
Womenswear brand Forever New is opening three flagship stores in Kuwait as part of its strategic partnership with fashion conglomerate Apparel Group. The collaboration will also expand Forever New’s online presence to 6thStreet.com in the UAE. Founded in Melbourne in 2006, the brand is known for its wearable and timeless collections that celebrate modern femininity, with over 400 retail and concession stores globally and over 30 million visitors to its websites each year.
Retail TouchPoints
OCTOBER 9, 2023
Walmart has unveiled a host of new tech-powered experiences that it has already launched or is currently testing, all designed to simplify the lives of its customers. The tools already launched include enhanced search via the use of generative AI, a new beauty try-on experience and a voice assistant in the retailer’s app. Here’s the full slate of new tech that Walmart is rolling out and/or working on: Generative AI-enhanced search to generate more relevant results based on context and allow cust
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.
Inside Retail
OCTOBER 9, 2023
Australian retailers are expanding their horizons after the Covid pandemic and actively assessing opportunities overseas. Despite some unsuccessful forays beyond the borders of Australia and New Zealand by some retailers, there is increasing optimism about global expansion. Enhanced market analysis and management tools generated by new technology and the attraction of international customers from online platforms are no doubt key factors.
Retail TouchPoints
OCTOBER 9, 2023
The Kroger Co. Foundation has awarded $1 million in grants to organizations empowering and advancing the Hispanic community as it marks Hispanic Heritage Month. “We launched the Racial Equity Fund in 2020 to catalyze innovative approaches that help create stronger communities,” said Keith Dailey, Group VP of Corporate Affairs at Kroger and President of the Foundation.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Tokinomo
OCTOBER 9, 2023
Campaign corner Halloween candy. Halloween is celebrated by trick-or-treating enthusiasts, talented bakers who create deliciously eerie cakes, and those who indulge in thrilling horror movie marathons. M&M's is joining in on the Halloween festivities, paying tribute to this spooky time and all the fun tricks and sweet treats it brings, with the iconic M&M's characters by their side.
Inside Retail
OCTOBER 9, 2023
PLBY Group, the company behind the Playboy and Honey Birdette brands, has agreed to sell its sexual wellness business Lovers for about $13.5 million as part of a strategic review. PLBY Group entered a definitive agreement to divest its Lovers business to LV Holding, with the transaction expected to close in the fourth quarter. After the closing of the sale, Playboy Enterprises will sell all the equity of its subsidiary TLA Acquisition Corp, holder of the Lovers business.
Retail Focus
OCTOBER 9, 2023
Developers of modern software offer global corporations of all kinds to improve their work system. For this purpose, providers have developed a special board of directors management software. The introduction of such board portals can not only improve the system of organizing and conducting working meetings. It can also increase the efficiency of the team as a whole.
Inside Retail
OCTOBER 9, 2023
As the fashion world grapples with rapid shifts in consumer behaviour, H&M is setting its sights on the digital frontier with its recent launch on Southeast Asian e-commerce platform Shopee. The move will enable shoppers in Singapore and Malaysia to swipe, click, and fill their virtual carts with H&M’s full range of offerings, from the latest Fall/Winter collection to timeless staples.
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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.
Retail Focus
OCTOBER 9, 2023
Are you worried about getting your startup noticed on social media? It can be daunting to get started with your new business venture on social media, but keep in mind that every successful company will have started with 0 followers! Social media has a staggering 4.8 billion users worldwide, which means it can be a fantastic platform for increasing brand awareness and engaging with your target market.
Inside Retail
OCTOBER 9, 2023
Sea Level has partnered with Cancer Chicks where members of the not-for-profit organisation fighting chronic illnesses will model the swimsuit products of the brand. Cancer Chicks is an Australian organisation that provides support to young women diagnosed with cancer and other terminal or chronic illnesses. Under the partnership, Sea Level will donate $2 to Cancer Chicks Foundation for every order placed on the swimsuit retailer’s website throughout the month of October. “Unfortunately, m
Wiser
OCTOBER 9, 2023
The empowerment of a field force could be the crucial factor that determines whether a brand edges ahead of the competition or falls behind. The field force is the backbone of a brand; these individuals make direct contact with the market, convey the brand message to the audience, and gather critical feedback from them. Which is why having a well-trained, well-equipped, and highly motivated team is paramount to the success of a brand.
Inside Retail
OCTOBER 9, 2023
With higher inflation and other macroeconomic pressures, many Australian households are tightening their belts. As consumers manage cost of living pressures, it’s led to a pullback in spending across the retail landscape, particularly in non-discretionary categories. CommBank’s latest Consumer Insights Report shows that around one in four Australians have not enough, or just enough, to meet household expenses.
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.
Retail Wire
OCTOBER 9, 2023
Charles “Chuck” Feeney, the philanthropic entrepreneur who built a multibillion-dollar fortune and then gave it all away, has passed away at 92. He co-founded Duty Free Shoppers in 1960, amassing wealth that he later sold and directed toward various causes. Feeney championed the principle of “Giving While Living,” leading him to establish the Atlantic Philanthropies.
Inside Retail
OCTOBER 9, 2023
The CEO of Metcash’s liquor pillar, Chris Baddock, has retired due to health reasons after about four years at the company. Baddock is expected to take a four-month break before acting as a part-time advisor for Metcash. Baddock joined Metcash in 2019 and has overseen growth across key areas of the liquor business including sales to retail and on-premise customers, and in owned and exclusive brands.
Retail Wire
OCTOBER 9, 2023
Amazon is reportedly in talks with Waitrose, a prominent UK supermarket chain, hinting at a potential partnership. Waitrose has seen a decline in its market share, dropping from 5.1% to 4.6% since the start of 2020. A collaboration could potentially benefit both companies, allowing Waitrose to expand its market reach via Amazon’s platform and offering.
Retail Gazette
OCTOBER 9, 2023
Greggs has launched its first ever cafe inside of a Sainsbury’s store, as the partnership between the companies takes another step forward. The cafe has opened in the supermarket’s Crystal Peaks, Sheffield store, creating 15 new jobs. Customers will be able to buy Greggs favourites such as sandwiches, bakes and coffee, and can sit in or takeaway.
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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.
Retail Wire
OCTOBER 9, 2023
A pastor running a drug recovery program was allegedly behind a Florida-based organized retail crime ring that has sold $3 million worth of merchandise on eBay since 2016, according to an investigation involving Home Depot and Florida police. The pastor, Robert Dell, who has pleaded not guilty, is accused of instructing individuals in his recovery.
Retail Dive
OCTOBER 9, 2023
The department store retailer recently closed two of its stores, in Miami and New York City’s Manhattan borough, but is eyeing expansion elsewhere.
Retail Wire
OCTOBER 9, 2023
Employees at Walgreens, including hundreds of pharmacists, are planning walkouts from Oct. 9-11 to protest what they perceive as deteriorating working conditions. Organizers claim that pharmacists are overburdened with unrealistic performance expectations, leading to concerns about patient safety. Walgreens responded, acknowledging the pressure on their workers and stating they are making substantial investments in pharmacist.
Retail Gazette
OCTOBER 9, 2023
Not many people will be familiar with the breadth of repair and refurbishment services that Currys has. In fact, it operates Europe’s largest tech repair facility and is a business that generated £676m in sales in its last financial year. The division is not some recent addition, a response to the rising sustainability concerns. It’s been around for more than a decade, and the retailer has big plans to grow its capabilities and make it a highly profitable business.
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
Retail Wire
OCTOBER 9, 2023
California Governor Gavin Newsom has signed a new bill, SB 478, into law, making it illegal to impose hidden charges on purchases. The legislation, proposed by state Senator Bill Dodds, targets “junk fees” that are not transparently displayed in advertising, deeming them a deceptive business practice.
Retail Gazette
OCTOBER 9, 2023
More than 420,000 retail jobs have been lost since 2010, reigniting calls for more to be done to save the high street. New GMB Union data shows that the number of roles have fallen 28.4% to 420,242 since the Conservatives took power. It comes as Wilko stores closed their doors for the final time over the weekend following its collapse in August, resulting more than 12,000 redundancies.
Retail Wire
OCTOBER 9, 2023
Mexican liquors and beers have experienced a significant surge in popularity among U.S. consumers, capturing a substantial share of the alcoholic beverages industry. This growth is attributed to effective marketing, evolving demographics, and shifting consumer preferences for premium, authentic products.
Retail Times
OCTOBER 9, 2023
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! The pace of life and the demands of work mean that we often forget the importance of looking after our own well-being while at work. Long hours in front of a computer, frequent meetings and the pressure of deadlines can lead to staff suffering from fatigue and reduced efficiency.
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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 Wire
OCTOBER 9, 2023
Softbank, known for its big AI investments, has quietly made substantial gains with its partnership in Symbotic, a company providing AI-powered “warehouse as a service” to major retailers like Walmart and Target. Through their joint venture called GreenBox Systems, Softbank and Symbotic aim to tap into a potential $500 billion market, offering AI-driven logistics and.
Retail Gazette
OCTOBER 9, 2023
Asda has launched its programme to convert 116 former Co-op convenience stores and attached petrol station forecourts into Asda Express shops. The supermarket has rebranded 11 Asda Express stores so far in locations including Yorkshire and Devon. The grocer plans to convert the remaining 105 by the end of Q1 next year, across sites including Manchester Oxford Road and Romford Station.
Retail Wire
OCTOBER 9, 2023
EU antitrust regulators are seeking input from Microsoft users and competitors regarding whether Bing should be subject to new stringent tech regulations, as well as whether the same should apply to Apple’s iMessage. This comes after the European Commission initiated investigations in September to determine if Microsoft’s Bing, Edge, and Microsoft Advertising, as well as.
Retail Times
OCTOBER 9, 2023
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Aldi is trialling a blister pack recycling scheme for its own-label medicines in a UK supermarket first. Britain’s fourth-largest supermarket is working with recycling firm TerraCycle to encourage customers to recycle their empty medicine packets made from plastic and aluminium foil.
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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