Fri.Jul 01, 2022

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Ron Johnson’s Enjoy Technology Files for Bankruptcy, Set to be Sold

Retail TouchPoints

Ron Johnson, CEO and co-founder of Enjoy Technology. Back in 2016, Ron Johnson was asked in a fireside chat at Shoptalk about the biggest mistake he had ever made. His response: “Going to JCPenney.” Prior to his failed stint as JCPenney’s CEO, Johnson was riding high as the chief architect of the Apple Retail concept and Target ’s designer collaborations.

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Kohl’s end sales talk with Franchise Group

Retail Wire

Kohl’s has decided to end sales talks with Franchise Group. The retailer’s board determined that it could not get a fair price for the company based on current market conditions. It was reported that Franchise Group had sought to lower its initial bid to acquire Kohl’s.

Marketing 187
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See Wee Homes Opens Interior Décor Boutique to Support Charleston Community

Retail TouchPoints

Real estate firm See Wee Homes has launched a home décor boutique storefront at a new realty location in North Charleston, S.C. Lisa Grant, Broker and Owner of See Wee Homes, decided to blend real estate and home décor by incorporating a retail space relevant to the interests of prospective home buyers. Born and raised in the rural town of Awendaw, S.C.

Boutique 310
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Depop is selling its virtual second-hand clothing in The Sims game

Retail Wire

Depop is moving into the virtual resale world with a new deal that will see it sell virtual second-hand clothing to players in The Sims game. Players can purchase clothing with in-game currency.

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Get MACH Ready: Preparing Your Business for Digital Transformation

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.

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Impulse: How Brands Can Enable Casual Commerce in Digital

Retail TouchPoints

Digital marketers today love to talk about the customer journey. While badly overused, this term conceals a hidden truth: journeys take a long time. A trip to the grocery store is not a journey. A walk to the corner shop to pick up a coffee is not a journey. Journeys take planning and effort. Nonetheless, “customer journey” feels quite right for how people have digitally shopped, and especially in the West.

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Tensions mount as dockworkers contract nears its end

Retail Wire

Dockworkers and West Coast port operators are pledging to negotiate in good faith with the goal of reaching an agreement quickly on a new contract. Those dependent on the success of these negotiations, like retailers and transportation companies, are not so optimistic after a couple of years of continual supply chain disruptions.

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Safe By Design

Retail Focus

Helping ensure the safety of pedestrians, TORMAX automatic sliding door systems can be fitted with a full-glass screen behind which the door leaf can recess as the entrance opens. This removes the risk of the sliding door mechanism being interfered with or blocked by anyone, allowing immediate clear opening as people approach the door. To keep the entrance looking smart, the pocket screen features a lockable hinge, allowing it to be quickly opened out for easy cleaning and for any accumulated

Returns 130
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Amazon cancels, delays wave of warehouse plans as e-commerce demand cools

Retail Dive

Shifts in plans have affected at least 13 facilities, including locations in Texas, Florida, Louisiana, Tennessee and California, according to local news reports.

Planning 129
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Winmark builds a resale empire out of Minneapolis

Retail Wire

Weimar Corporation, which owns Plato’s Closet, Play It Again Sports, Music Go Round, Once Upon A Child and Style Encore, is quietly building a giant business in the resale market. The company franchises its banners and takes a four to five percent cut of sales.

Marketing 100
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EIDL Loans Available to Small Businesses in 6 States Due to Drought

Small Biz Trends

The U.S. Small Business Administration (SBA) has announced another round of Economic Injury Disaster Loan (EIDL) is available to small businesses in six states affected by drought. Economic disaster recovery loans are available to small businesses in South Dakota, Texas, Nevada, Nebraska, Kansas, and Idaho. Drought Related EIDL Loans to Small Businesses.

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How Retailers Are Transforming Customer Experiences with Data & 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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H-E-B expanding frozen foods DC

Retail Wire

H-E-B is adding 325,000 square feet of space to its frozen foods distribution center in Temple, TX. The grocery giant needs to expand as it opens more stores in the Dallas/Forth Work area. H-E-B expects the expansion to be completed by 2024.

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Virtual world shopping is not the metaverse: report

Retail Dive

Forrester’s latest report predicts how virtual shopping will be highly immersive 10 years from now.

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Prada looks to new CEO to lower its carbon footprint

Retail Wire

Prada SpA is looking to reduce its carbon footprint and raise its scores across other ESG benchmarks. The luxury fashion brand has named its current head of corporate social responsibility, Lorenzo Bertelli, to take over as its next CEO.

Fashion 100
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Enjoy Technology says it has a prospective buyer that would keep it alive

Retail Dive

Asurion, which insures and repairs consumer electronics, has emerged as lender, prospective buyer and future operator of the bankrupt Enjoy.

Consumer 115
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Forrester Report: Demystifying The Technical Functions of POS Solutions

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.

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Bed Bath & Beyond names new chief accounting officer

Retail Wire

Lauren Crosse has been named senior vice president of finance and chief accounting officer. She replaced John Barresi who resigned earlier this month. Bed Bath & Beyond also named Susie A. Kim, senior vice president of treasury and investor relations.

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Kohl's slams the door on takeover after Franchise Group lowers bid

Retail Dive

The Vitamin Shoppe owner less than a month ago offered $60 per share, but cut that to $53 after the Fed hiked interest rates, the department store said.

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Online pharmacies step up ads for morning-after pills

Retail Wire

Due to the U.S. Supreme Court’s decision to throw out decades of legal precedent in overturning Rowe v. Wade, abortion is likely to become illegal throughout much of the country. Direct-to-consumer brands and online pharmacies are stepping up their advertising as they seek to fill a reproductive health need for women in affected states.

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Time is Running Out to Apply for These Small Business Grants

Small Biz Trends

If you’re ready to grow your small business this summer, small business grants may help. This extra funding can help you obtain the necessary resources or staff to reach various goals, from facade improvements to marketing. Small Business Grants with a July 2022 Deadline. Read on for several small business grant opportunities available in the coming month.

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Mapping Digital Transformation: Retail’s Strategic Shift

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

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Hobbycraft supports entrepreneurial colleagues by empowering them to design and sell

A1 Retail

Artisan colleague Katherine Lucy has launched a ‘Year of Stitches’ Embroidery Kit – with all profits go to the Artisan. Hobbycraft’s Artisan programme has been built to maximise colleagues’ talents and give them the tools and skills they need to grow and fulfil their passions. Whether it is growing their own businesses, building social media presence, working on their confidence to host some of Hobbycraft’s workshops, or giving them the chance to design and create their own lines to sell.

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In the News: Grants Galore for Small Businesses, Some Worth Up To $25,000

Small Biz Trends

This week there are a number of grants available for small businesses ranging from $500 to $25,000. And some of them have different July deadlines, so you have to apply before the month is up. With the state of the economy being what it is, you should always be on the lookout for grants you can apply for. Grants look to provide immediate help with an infusion of cash for the small businesses they want to support.

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The Weekly Closeout: Bed Bath & Beyond continues executive shakeup and Gucci launches a pet collection

Retail Dive

The home retailer appointed a new chief accounting officer and head of treasury. Meanwhile, the luxury brand seeks to bring individuality to pets.

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Small Businesses in California Affected by 2021 Oil Spill Face Important Deadline

Small Biz Trends

Small businesses in California have been recently reminded of the July 27, 2022, deadline to apply for an SBA federal disaster loan for economic injury caused by the pipeline oil spill in Orange County that began October 2, 2021. Small Businesses in California Affected by Oil Spill Face Important Deadline. Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West said the reminder was for small non-farm businesses, small agricultural coope

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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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The Total Economic Impact of Cisco Lifecycle Advantage

Cisco Retail

Technology has long made an impact on the world we live in. Smartphones give us access to information almost immediately; social networking makes it easy for us to stay connected with family and friends and work remotely; and, as I mentioned in my last blog , electric cars make it way more fun to get around. The impact of new programs and processes using technology is far reaching and visible in our day-to-day actions with colleagues, clients, and in how we conduct business throughout our organi

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Want to Start Your Own Ecommerce Store This July? Read This First

Small Biz Trends

July is a big month for online businesses. Not only does it contain Amazon Prime Day, but it’s also National Independent Retailer Month. Since so many independent retailers offer ecommerce options, this is the perfect time to learn more about online tools to grow a business. Every ecommerce business looks a bit different. But there are some key elements to get started no matter your niche or platform.

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Marketing Velocity FY22 Highlights

Cisco Retail

When we first created the Marketing Velocity suite of tools, Cisco had one goal in mind: to help drive demand and become marketers of the future. As the business and market have evolved, so has the goal. Throughout our FY22 we have achieved a lot and we still have a long way to go to give you the best experience. Partners that use the Marketing Velocity pillars grow faster when leveraging Central, Learning and Voice.

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Use Feedback to Drive You Further

LS Retail

©iStock/Kenstocker Co-founder, Screwball Whiskey , Brittany Merrill Peng says, “Each person faces unique challenges as an entrepreneur. I have heard comments that could have gotten me down, but instead I try to use them to drive me further,” said Merrill Yeng. “I may not be able to change the world but hopefully I can change the minds of some of the people I interact with.

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How Personalized Customer Experiences Drive Retail Growth and Revenue

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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Today’s high speed optical links would fail if not for this technology (Part 2)

Cisco Retail

Written by Vasanta Rao, Technical Marketing Engineer, Transceiver Modules Group (Cisco Optics). Understanding FEC Part 2: The Trade-Offs of Using FEC. In part two of this two-part blog post, we discuss the trade-offs and performance impact of forward error correction (FEC) on the network. Part one reviewed the basics of this essential technology. Applications like social media, streaming video, the Internet of things and the pervasiveness of cloud computing are all contributing to skyrocketing b

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Laura Ashley announces new partnership with Mamas & Papas

A1 Retail

Iconic home and lifestyle brand, Laura Ashley is thrilled to confirm its new global partnership with much-loved baby brand Mamas & Papas. The partnership will see the two British brands collaborate to create a beautiful collection that will combine Laura Ashley’s signature archive prints with Mamas & Papas expertise in the nursery industry. The collection, due to launch in spring 2023 – Laura Ashley’s 70th Anniversary year – will include baby apparel, nursery bedding, toys an

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Wilson opens third NYC store

Retail Dive

The Columbus Circle location is also the sporting good brand’s fourth store in the U.S.

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Walmart wraps up largest-ever Open Call

Mass Relators

BENTONVILLE, Ark. — More than 1,100 businesses from across the country pitched their products made, grown or assembled in the United States to Walmart and Sam’s Club merchants at Walmart’s ninth annual Open Call on June 30. Preliminary results indicate that more than 330 of those pitches resulted in a deal for businesses to sell their items to Walmart customers through placement on Walmart or Sam’s Club shelves, online at Walmart.com or on Walmart’s Marketplace, the company announced.

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Planning the Architecture of Your Modular DXP

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.