Inside Retail
OCTOBER 13, 2022
It can be easy to compare ourselves with others seemingly ten steps ahead in business, or to make the mistake of believing success came quickly or easily. In fact, many entrepreneurs will spend years learning from mistakes before solidifying and successfully executing a winning idea. What we don’t always see are the day-to-day steps of consistently working at an idea and on personal development to achieve said success.
Retail TouchPoints
OCTOBER 13, 2022
Cannabis retailer Ayr Wellness has named former Neiman Marcus Group (NMG) executive David Goubert as President, effective Nov. 1. In his new role, Goubert will oversee the company’s operational and commercial functions, including production, supply chain, retail, wholesale and marketing. Goubert will report to Ayr’s Founder and CEO Jonathan Sandelman.
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Inside Retail
OCTOBER 13, 2022
SMS marketing is a staple in today’s direct-to-consumer toolkit, opening new opportunities for customer engagement, retention, and revenue growth. The channel’s reach and popularity have extended to all corners of the world, including in Australia, where more brands and consumers are going mobile to not only communicate but shop. More than 74 per cent of Australian shoppers are already signed up to receive SMS marketing messages from brands, while more than half (51 per cent) say they would sign
Retail TouchPoints
OCTOBER 13, 2022
Walmart has launched a selection of exclusive Roku smart home products, including security cameras, video doorbells, lighting and plugs. The items, which will have connectivity with the Roku TV Operating system, will be available in nearly 3,500 Walmart stores beginning Oct. 17. Initial capabilities of the new smart devices include letting users see who is at their doorbell through their television and using Roku voice remote to bring up video feeds.
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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
OCTOBER 13, 2022
The face of beauty is shifting, with younger generations leading a step change in the way the industry approaches marketing and retail. Rather than advertising products in the pages of beauty magazines or TV commercials, Gen Z is increasingly learning about and buying their cosmetics through social media and influencers – specifically, on TikTok. Gen Z currently makes up around 18 per cent of Australia’s population, making them an increasingly important market for savvy businesses, as they age t
Retail TouchPoints
OCTOBER 13, 2022
As many direct-to-consumer brands are learning, there is no one-size-fits-all strategy for growth. After all, there are so many channels and touch points available that can help brands acquire new customers, test new markets and expand their reach. To find their own unique path to growth, brands must select the combination of components that best suits their messaging, product set and target audience.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
OCTOBER 13, 2022
Sensormatic Solutions has launched Sensormatic Solutions Computer Vision, a suite of tools created to address a wide range of real-world challenges retailers face in the current marketplace. The new offering is designed to help deploy a variety of analytics that provide real-time insights on retail-specific use cases related to shopper behavior, loss prevention, safety and security, inventory, shopper demographics and other data.
Retail Focus
OCTOBER 13, 2022
Victoria Square has announced that activewear and lifestyle brand Gilly Hicks has officially opened its first standalone store in Ireland. The store is located on the lower ground level of Victoria Square and follows the opening of Carnaby Street in London earlier this year. . Gilly Hicks sits in the Abercrombie & Fitch Co. (NYSE: ANF) brand portfolio, offering a range of activewear, loungewear and underwear, in patterns and colours that match everyone’s styles regardless of gender id
Retail TouchPoints
OCTOBER 13, 2022
Walmart is getting deeper into the healthcare industry with the launch of the Walmart Healthcare Research Institute (WHRI), to increase community access to healthcare research that could lead to safer and more equitable higher quality healthcare. WHRI will focus on interventions and medications that can make a difference in underrepresented communities, including older adults, rural residents, women and minority populations.
Retail Focus
OCTOBER 13, 2022
Mango, one of Europe’s leading fashion groups, is accelerating its expansion in the United Kingdom with the opening of three new stores this autumn to bring the total to almost 50 by 2022, combining its physical presence in shopping centres with standalone stores and corners in department stores. After opening in September at Dartford’s Bluewater shopping centre, the company is continuing its expansion by opening. a new store tomorrow in London’s new Battersea Power Station shopping centre, with
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 TouchPoints
OCTOBER 13, 2022
Hollister Co. has launched Share2Pay, a new payment option that allows the brand’s teenage customers in the U.S. and UK to share their carts from the mobile app with a buying party, such as a parent or guardian, who can complete the purchase. During testing that included a soft launch of the technology earlier in 2022, Hollister discovered that customers who shared their carts through Share2Pay placed orders at almost 2X the rate of other shoppers.
Retail Focus
OCTOBER 13, 2022
Sloane Stanley has announced the launch of Ted’s Grooming Room, London’s ‘most authentic barbers’, at 283 Fulham Road. The 645 sq ft space combines traditional Turkish grooming services with a quintessential English barbershop aesthetic. Ted’s Grooming Room, which embodies a 1920s cinema theme throughout, is located in the heart of Chelsea, and brings its prestigious barber services to the community and respected residential area.
Inside Retail
OCTOBER 13, 2022
If I ask you to think of a typical part-time worker, who pops into your mind? Is it an ambitious manager looking to move into an executive role? Or is it perhaps a mother of young children, working part-time so she can balance family and paid work? If it’s the latter, did you stop to consider that these two descriptions might in fact belong to the same person?
Retail Wire
OCTOBER 13, 2022
Instacart agreed to pay $46.5 million to settle a 2019 lawsuit that claimed it misclassified workers as independent contractors rather than employees. The suit covered 308,000 people who worked for the delivery service. Instacart did not admit to wrongdoing in the settlement.
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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.
Inside Retail
OCTOBER 13, 2022
Mirvac CEO and chair retire, making way for new leadership. Property group Mirvac has announced the upcoming retirement of chief executive and managing director Susan Lloyd-Hurwitz, as well as chair John Mulcahy. Lloyd-Hurwitz will exit the role at the end of June 2023, providing time for Mirvac to hire her successor and transition them into the role, while Mulcahy will leave the board on 31 December.
Retail Wire
OCTOBER 13, 2022
Nike is looking to take control of its resale market. The athletic wear company has updated its terms of service to allow it to cancel orders placed with automated purchasing software or technology on its site or apps. It also said it would charge restocking fees, decline to issue refunds or suspend accounts of people who are buying its products with the intent to resell them.
Inside Retail
OCTOBER 13, 2022
Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, reported a record full-year profit on Thursday despite a continuing slump in China, its biggest overseas market. Operating profit was 297.3 billion yen ($2.02 billion) in the 12 months through August compared with 249 billion yen a year earlier. That surpassed the company’s guidance and the consensus forecast of 291 billion yen, according to the average of 12 analyst estimates from Refinitiv.
Retail Wire
OCTOBER 13, 2022
Food prices rose 0.8 percent in September, with produce up 1.6 percent and cereal and baked goods up 0.9 percent., according to data from the Bureau of Labor Statistics. Food prices on the whole were up 11.2 percent from the same month last year. Overall inflation rose 0.4 percent in September, 8.2 percent higher than the same time in 2021.
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
Inside Retail
OCTOBER 13, 2022
Australian shoppers are forecast to spend $63.9 billion this festive season despite rising cost-of-living challenges, according to new insights from the Australian Retailers Association (ARA). Prepared in collaboration with Roy Morgan and Salesforce, the research says festive spending will likely kickstart earlier in Australia and New Zealand, meaning 33 per cent of holiday sales are expected to occur in the first three weeks of November.
Small Biz Trends
OCTOBER 13, 2022
Are you looking for some fantastic marketing ideas to help with your Black Friday promotions? If so, you’ve come to the right place! In this blog post, we will share 20 of the best marketing tips for Black Friday. So, whether you are planning a big sale or just want to get ahead of the competition, be sure to read on. What Is Black Friday Marketing?
Retail Wire
OCTOBER 13, 2022
Subway’s same-store revenues were up 8.4 percent in the third quarter helping it achieve “record-setting sales” across its U.S. locations. The chain pointed to a menu makeover and an increase in digital orders as the impetus for its improved performance.
Inside Retail
OCTOBER 13, 2022
Australia’s first campaign to promote fashion – Down Under In Front – has been unveiled by the Australian Fashion Council. AFC describes Down Under In Front as an “aspirational campaign”, highlighting why people admire Australian design, including its “unpretentious elegance, pure rawness, unrestrained optimism, and bold innovation” It plays on the idea that despite “Down Under” frequently being projected as being on the “other side” of the world, upside
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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 13, 2022
Starbucks is closing a store in Colorado Springs that voted in May to unionize. It is one of eight in Colorado where workers are represented by a union. The company made the decision to close the location due to “health and safety concerns,” according to the union. The union asked Starbucks to begin negotiations on a contract for workers on Oct. 24.
Small Biz Trends
OCTOBER 13, 2022
Cleaning the gutters around your home or business is not a pleasant task, but it is a necessary one. Fortunately, there are an array of tools available that can make cleaning your rain gutters less daunting. Investing in a pressure washer or power blower can make cleaning your gutters much easier and safer. There are extension poles, attachments and tools for hoses or blowers that can eliminate the need for a ladder.
Retail Wire
OCTOBER 13, 2022
Restaurant employers in 42 states have the option of paying their wait staff a “subminimum wage” with tips counted towards the minimum required. Many workers claim, however, that they are not compensated on slow weeks when tips fail to make up the difference. Washington, D.C. will include a ballot measure in November to ban subminimum wages by 2027.
Small Biz Trends
OCTOBER 13, 2022
Mark Zuckerberg recently led a showcase of the Meta Quest Pro virtual reality headsets which have been designed for collaboration and creativity. Meta Quest Pro VR Headset Built for Business and Working in Virtual Reality. Meta Quest Pro is the tech giant’s first full-color mixed reality device. The advanced headsets are packed with innovative new features like full-color mixed reality and high-resolution outward-facing cameras that capture four times as many pixels as Meta Quest 2.
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
Retail Wire
OCTOBER 13, 2022
Walgreens posted revenue of $32.45 billion versus the $32.09 expected by analysts. The drugstore and healthcare giant reported earnings of 80 cents a share, three cents better than Wall Street was expecting. The company is looking for a better performance in the next fiscal year as its moves aggressively into primary care services.
Retail Dive
OCTOBER 13, 2022
The increased fee will begin on subscribers’ next renewal dates and brings its delivery subscription cost closer to its competitors.
Retail Wire
OCTOBER 13, 2022
Mycelium Advisors wants to replace tenured members of Kohl’s board of directors with its own nominees. The activist investor owns about five percent of Kohl’s shares. The retailer has faced pressure from other investors to make board changes, claiming that the company is not doing enough to optimize its share value.
Retail Dive
OCTOBER 13, 2022
Macellum Advisors is once again agitating for changes to the retailer’s board, including an ouster of its chairman and other longtime board leadership.
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Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.
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