Thu.Jan 28, 2021

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Franchise Group to Acquire Pet Supplies Plus for $700 Million

Retail TouchPoints

Pet Supplies Plus will sell itself to Franchise Group in an all-cash transaction valued at approximately $700 million. Pet Supplies Plus operates more than 500 locations, of which nearly 60% are franchised, with more than 185 new stores in various stages of development nationwide. The pet wellness industry has thrived in the past year as shoppers pampered their pets while sheltering at home.

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How I Quit My Shopper Marketing Job To Start A Software Company

Shopperations

For the last couple of years, I have been doing podcast interviews with former CPGers who are running their own businesses. Recently, one of my subscribers half-jokingly told me "Don't forget to interview yourself!".

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The New ‘Pandemic Personas’: Defining the Seismic Shift in Consumer Buying Behaviors

Retail TouchPoints

The consumer buying behaviors retail marketers all once knew to be true experienced a seismic shift. The question now is: what do these new “pandemic personas” look like, and how can retail marketers cater to their new needs to set benchmarks for a successful 2021? There are three pandemic personas of which every retail marketer must be aware of, and aim to understand.

Consumer 264
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How to Overcome Supply Chain Breakdowns

Miller Zell

COVID-19 spawned unprecedented challenges for international trade, particularly with the North American supply chain, where there’s never been a bigger imbalance between imports and exports.

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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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UST Enables a Frictionless, Contactless Shopping Experience

Retail TouchPoints

UST, a digital transformation solutions company, has launched the UST Walk-In, Walk-Out frictionless shopping solution. This contactless solution is designed to eliminate long checkout lines and waiting times by enabling shoppers to walk into a store, grab their items and immediately walk out. The technology behind UST Walk-In, Walk-Out is a unified integration of AI, sensors and cameras, created to work together to enable the core features.

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4 More Ways Retail Businesses Can Offer a Safer Personalized Shopping Experience Post-COVID

RepslyBlog

The COVID pandemic took its toll on all types of businesses. Even big brands had to face a lot of challenges in recent times. The retailers, in particular, bore the brunt of the devastating economic slowdown. The speed with which the virus is spreading is taking a lot of enterprises by surprise.

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Jason & Scot Show Episode 252 – Amazon FBA Roll-ups with Chris Bell CEO of Perch

Retail Geek

A weekly podcast with the latest e-commerce news and events. Episode 252 is a discussion about Amazon FBA Roll-ups with Chris Bell CEO of Perch. Subscribe: Apple Podcasts Google Podcasts Spotify Stitcher Podcast RSS SoundCloud TuneIn iHeartRadio Google Play Music Overcast Pocket Casts Facebook. ? ? ? ? ? [NOTE: The audio quality of this episode is not up to our usual standards due to some internet challenges.

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Lowe’s Announces Seventh Pandemic Bonus, Plans to Add 50,000 Jobs for Spring

Retail TouchPoints

Lowe’s has allotted an additional $80 million in discretionary bonuses for frontline associates and plans to hire more than 50,000 new associates across the U.S. in advance of the busy spring home improvement season. The latest bonus brings the company’s COVID-19 support of associates and communities to nearly $1.3 billion. Active hourly associates at U.S. stores, distribution centers and call centers will receive the bonus on Feb. 5.

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HRC Index: 51 Retailers Named Best Places to Work for LGBTQ Equality

Retail TouchPoints

The retail industry continues to pave the way as a leader in LGBTQ workplace equality, according to the Human Rights Campaign (HRC) Foundation’s 2021 Corporate Equality Index (CEI). The 2021 CEI, which measures company policies and practices related to LGBTQ workplace equality, ranked 1,142 major U.S. businesses, and 51 are retail companies that earned a 100% ranking, designating them as a Best Place to Work for LGBTQ Equality. .

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Samsung Launches Tablet with Clienteling and Scanning Applications

Retail TouchPoints

Samsung Electronics America has released the Galaxy Tab Active3, a ruggedized tablet designed with an emphasis on improving employee productivity and safety. The tool’s touchscreen can be used while wearing gloves and it can assist retail operations through Veras Retail, Knox Capture and other solutions. Veras’ AI-powered clienteling was designed to help associates deliver personalized recommendations to better engage with shoppers.

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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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Digital Signage Solution Provider Raydiant Secures $13M in Fresh Funding

Retail TouchPoints

Digital signage and experience platform provider Raydiant has closed a $13 million Series A funding round co-led by 8VC and Atomic. Joining the round is American actor, producer and businessman Mark Wahlberg, along with Delta Zulu, Gaingels and BN Capital by Lerer Hippeau. . The new capital, which brings the company’s total funding to $20 million , will be used for product development and expanding Raydiant’s go-to-market team.

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Neiman Marcus Supports Luxury Focus with New Hires, Increased Supply Chain Investment

Retail TouchPoints

Neiman Marcus Group (NMG) is making big moves to adapt to changing consumer behaviors, with strategic investments in talent, merchandising, technology and supply chain to reshape the Neiman Marcus and Bergdorf Goodman customer experience. “Neiman Marcus Group is a customer and brand relationship business, powered by a strong digital ecosystem,” said Geoffroy van Raemdonck, CEO of Neiman Marcus Group in a statement. “Today we are announcing additional moves to accelerate our tra