Retail TouchPoints
JUNE 7, 2022
Martin Brok, CEO and President of Sephora , is reportedly leaving the company at the end of June after a tenure of less than two years. He will be replaced by his predecessor, Chris de Lapuente, Chairman and CEO of the Selective Retailing division of LVMH Moet Hennessy Louis Vuitton , Sephora’s parent company. According to an internal release obtained by WWD , Brok’s departure is “due to a divergence of views.”.
Inside Retail
JUNE 7, 2022
Costco plans to open three new stores in Melbourne and Geelong within the next two years, investing up to $150 million. CEO Patrick Noone told The Australian in an interview that potential sites were identified near Melbourne’s CBD, and at Officer and Geelong. Each store will be allocated $50 million, with the projects now depending on zoning and council approvals.
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Retail TouchPoints
JUNE 7, 2022
At Apple ’s 2022 Worldwide Developers Conference (WWDC), the tech giant unveiled a slew of updates for its impending iOS 16 release, including a new buy now, pay later (BNPL) option that will be incorporated into Apple Wallet. The service, called Apple Pay Later , will let users split any Apple Pay purchase into four equal payments, spread over six weeks, with zero interest and no fees.
Inside Retail
JUNE 7, 2022
Custom apparel retailer Institchu has just unveiled an innovative new technology that will offer other brands the same made-to-measure capabilities it has in its business. The newly launched software-as-a-service product, called Taper, will make it easy for traditional retailers to begin custom tailoring apparel for their shoppers. “Made-to-measure businesses are complex, costly and prone to mistakes,” Institchu co-founder Robin McGowan said.
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.
Retail TouchPoints
JUNE 7, 2022
Upon first glance, the ease of a search engine seems obvious. You arrive at a website, type a word or phrase into the search bar, and get exactly what you were looking for. Right? Maybe not. That tried-and-true process has begun to feel like a long-winded chore — consumers today are generally less interested in searching and more interested in discovery.
Tokinomo
JUNE 7, 2022
Campaign scoop. Grab them all! Increased interest in healthier food choices increased the consumption of plant-based foods. One brand, Peas of Heaven, decided to promote its plant-based products ?? in a funny and kind of quirky commercial. A man collecting plant-based sausages and hamburgers while floating on a harvested land. “ Your favorite foods are now plant-based ”.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail Focus
JUNE 7, 2022
Capital & Counties Properties PLC (‘Capco’) announces that luxury Swiss watch brand TUDOR, in partnership with leading watch and jewellery retailer Bucherer, will open a new mono-brand boutique in Covent Garden’s Royal Opera House Arcade, joining a stable of luxury brands across the Covent Garden estate. The boutique is due to open in September 2022.
Retail TouchPoints
JUNE 7, 2022
After a 23-year career with Amazon , Dave Clark, CEO of the Worldwide Consumer, has resigned, effective July 1. Clark stepped into the role in early 2021 following the departure of Jeff Wilke ; he had most recently served as SVP of Worldwide Operations. A successor to Clark has not been named, but Amazon CEO Andy Jassy said in a statement that the company would offer an update in the next few weeks.
Inside Retail
JUNE 7, 2022
More Disney products will soon be available to Australians and New Zealanders when the company opens its online store ShopDisney in the two markets on June 14. A range of products across fashion, home, collectibles and more will be featured in ShopDisney – the online shopping destination for Disney, Pixar, Marvel and Star Wars. . According to Disney, local customers could previously purchase its products through worldwide partner websites, but now they can buy ShopDisney products in their own cu
Retail TouchPoints
JUNE 7, 2022
Kohl’s has entered into exclusive acquisition negotiations with Franchise Group for a three-week period. Franchise Group has offered to acquire the retailer for $60 per share , which would value the company at approximately $8 billion. The exclusive period was set to allow Franchise Group and its financing partners to finalize their due diligence and financing arrangements before the parties enter into a binding agreement.
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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.
Inside Retail
JUNE 7, 2022
Family-owned paint manufacturer Haymes Paint has opened a state-of-the-art flagship store in Ballarat, Victoria, designed to change the way DIYers and professional tradespeople buy paint in Australia. . The 500sqm experiential showroom invites visitors to create their own mood boards, touch and feel products and view educational videos on topics such as how to paint a deck and coat a garage floor, with dedicated areas for retail and trade customers.
Retail Wire
JUNE 7, 2022
Uniqlo will raise prices by $7.54 on fleece items and down jackets for its fall/winter lines. The clothing retailer also plans to use more recycled polyester in its fleece to keep costs down.
Inside Retail
JUNE 7, 2022
In a world where most brands struggle for relevance, the key towards making an impact on a customer’s psyche lies in being “aspirational”. Think of retail giants like Louis Vuitton, Patagonia, Ralph Lauren. According to internationally renowned brand strategist Ana Andjelic, the fundamentals of an aspirational economy are focused on five key areas: creativity, knowledge, aesthetics, curation and belonging.
Retail Wire
JUNE 7, 2022
Apple Pay Later is a new feature of Apple Pay that allows users to split purchases into four payments with no interest. The new payment option, which is powered by Mastercard, is available everywhere Apple Pay is accepted in the U.S.
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.
Inside Retail
JUNE 7, 2022
The future ownership of Ted Baker is under a cloud after the preferred bidder – Authentic Brands Group – withdrew its offer. . On May 23, Ted Baker’s board choose ABG for the next round of exclusive negotiations. US-headquartered ABG was founded by billionaire Jamie Salter and owns Reebok, Aeropostale, Brooks Brothers, Forever 21, Nine West and Everlast, among others.
Wiser
JUNE 7, 2022
Brands and retailers face many obstacles when forming a pricing strategy. Often, they are so focused on looking at their own images and internal goals that they forget to keep an eye on competitors. But there are many advantages when it comes to identifying and using competitor data. Staying aware of other brands’ movements is crucial to forming a successful and competitive pricing strategy.
Inside Retail
JUNE 7, 2022
The owner of Japanese clothing brand Uniqlo said on Tuesday it will raise prices on some goods this fall, reflecting increasing cost pressures from the weak yen and logistical hurdles. Prices on fleece goods and down jackets in the fall/winter product lines will go up by 1,000 yen ($7.54), a spokesperson confirmed, after an earlier report by the Jiji news service.
Small Biz Trends
JUNE 7, 2022
? Since the pandemic, virtual events have evolved and really taken off. As such, they bring benefits that can used as a business to level the playing field against larger players. In the episode Virtual Events to Build Your Business , Monique Johnson, Founder of LIVE Video Lab and The M.O.V.E Experience and Shawn Hessinger, t he Executive Editor for Small Biz Trends sit down together to discuss how small business owners can use this trend to their advantage.
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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.
Cisco Retail
JUNE 7, 2022
Picture this, if you will. It is December 2016 and I have just gone through security at the airport. I am explaining to the friendly (but confused) team why I have a bunch of electronics—a small router, wires, Lego, and a ball of yarn—in my carry-on. This conversation wasn’t a surprise to me. I fully expected to be pulled aside when my bag went through the X-ray machine.
Small Biz Trends
JUNE 7, 2022
NASA has awarded $50 million in funding to hundreds of small businesses. The National Aeronautics and Space Administration selected small businesses and research institutions to develop technology to help drive the future of space exploration. NASA Awards $50 Million in Funding to Small Businesses. The awards are being managed by NASA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program.
Cisco Retail
JUNE 7, 2022
Instead of calling the Meraki API to look for critical network changes, why not have Meraki send alerts using webhooks? Send events, as they happen, to your network monitoring and operations services by having Meraki call them instead. If you are using an existing application, you might struggle sending a webhook directly to it. You will often need to adjust the message format and authentication to match.
Small Biz Trends
JUNE 7, 2022
Maybe you’re a small business looking to build brand awareness by getting an influencer to post. Or maybe you’re one of these experts yourself trying to figure out your influencer marketing budget. Either way, you understand the importance of influencer marketing pricing. Especially when you’re putting together some numbers that you want to use per post.
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
Cisco Retail
JUNE 7, 2022
It’s a busy month for cybersecurity, with the return of in-person RSAC in San Francisco, followed by Cisco Live in very lively Las Vegas! With so much happening, and so many announcements from every security vendor out there, it can be hard to keep track of everything going on. Let us help give you the highlights from a Cisco SecureX perspective! We have been busy this past year, with our acquisition of Kenna Security and our recent innovations around device insights – all helping to expand and
Small Biz Trends
JUNE 7, 2022
Finding good work shirts for men is just as important as finding a good pair of work shoes or work boots. However, the fashion and clothing world can be a difficult realm to navigate thanks to the tons of shirting options available. Ideally, you want men’s work shirts that are durable, comfortable, and with a dash of style. You also need to think about the price and how easy it is to care for the shirt.
Retail Wire
JUNE 7, 2022
J.M. Smucker expects to take a $125 million hit for the current fiscal year resulting from a recall of certain Jif peanut butter products over concerns about salmonella contamination.
Small Biz Trends
JUNE 7, 2022
Recent data analysis has revealed Rhode Island as the state with the best broadband coverage in the United States thanks to affordable costs combined with high speeds and wide coverage. These States Have the Best Broadband Coverage. The research conducted by Policy Advisor ranked states according to the cost of broadband as well as the available coverage and average download speeds.
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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
JUNE 7, 2022
Mattel Playback, a program that lets consumers send toys back to be recycled, is being expanded by the toy manufacturer. The program, which launched last year and included Barbie dolls, Megan Blocks and Matchbox cars, has been expanded to include non-electronic Fisher-Price toys.
Cisco Retail
JUNE 7, 2022
Applications and workloads have been moving to the cloud for some time. This transition has been putting a lot of pressure on IT organizations to support the trend by extending their networks to support cloud connectivity. Cisco SD-WAN enables your hybrid connectivity to the cloud. We at Cisco have innovated on multiple fronts to help our customers with this transition by providing a deep level of integration with many of the leading cloud service providers (CSPs), including Amazon Web Services
Retail Wire
JUNE 7, 2022
More than 3,300 workers in 70 companies across the United Kingdom are testing a four-day workweek to see if they can keep their productivity up. “We’ll be analyzing how employees respond to having an extra day off, in terms of stress and burnout, job and life satisfaction, health, sleep, energy use, travel and many other aspects of life,” Juliet Schor, a sociology professor at Boston College and the lead researcher on the project, said.
Small Biz Trends
JUNE 7, 2022
If you’re looking for Small Business Ideas for Beginners and experts alike that are niche-specific to vegan businesses, then you’ve come to the right place. In this article, we’ll be discussing 26 vegan business ideas for vegan entrepreneurs. What is a Vegan Business? Vegan food businesses are part of a niche that specializes in vegan products.
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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