Mon.Oct 03, 2022

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FT: TikTok Planning to Launch North American Live Shopping Platform

Retail TouchPoints

TikTok will reportedly enter a partnership with TalkShopLive to launch its live shopping platform in North America, two people familiar with the matter told the Financial Times. The companies are still finalizing the arrangements and no contracts have been signed so far. TikTok’s live shopping platform is already operational in Asian markets including Thailand, Malaysia and Vietnam as well as the U.K.

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Between the Flags reopens in Bondi Pavilion

Inside Retail

Australian surfwear brand Between the Flags has re-opened its concept store in the newly renovated $48 million Bondi Pavilion. The new store features retro light fixtures, natural light and floors mimicking Bondi’s white sand beach with yellow and red colourways. Briony Oayda, MD of Between the Flags, said the Pavilion plays a central part in the Bondi community.

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Resilience Training: Small Business Innovation During a Recession

Retail TouchPoints

Small business owners already have a lot on their plate. There’s always too much to do in too little time — late nights, stress and sacrifices come with the territory. Their business is their baby, and they’ve poured their blood, sweat and tears into big-picture plans while eagerly embracing the day-to-day work. The jury is still out on how the economy will bounce back amidst new bills and legislation, but in the wake of inflation, small businesses are facing a rocky future.

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size? to debut its new store design concept at Liverpool ONE

Retail Focus

Grosvenor has announced that exclusive footwear and apparel supplier, size?, has chosen Liverpool ONE to debut its new store design concept. size? is the third JD Group retailer to sign at the destination, joining the recently opened Tessuti global flagship, and JD Sports. The 2,734 sq ft site will open on Peter’s Lane this winter, relocating from its current Liverpool store.

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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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Exclusive Q&A: Cashierless Grocery Requires a ‘Very Human Response to the Customer’

Retail TouchPoints

Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Photo courtesy of Aisle 24. Retail is in John Douang’s blood. Specifically, his family owned a convenience store in Toronto, which was not convenient when it came to trying to balance having a personal life and growing the business.

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MINISO to open at Metrocentre Gateshead

Retail Focus

MINISO is a design-led lifestyle retail store for all the family, offering a full range of high-quality and innovative products including toys, tech, stationery, accessories, homeware, food, health and beauty – all for great value. MINISO enjoys exclusive partnerships with many well-loved brands such as Disney, Toy Story, Minions and We Bare Bears and proudly collaborates with a team of international designers from China, Korea, Sweden, Denmark amongst others.

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More Trending

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Ted Baker signs at Merry Hill

Retail Focus

Sovereign Centros has announced the signing of Ted Baker, the global lifestyle brand, at Merry Hill, one of the top 10 retail and leisure destinations in the UK. Set to open later this year, the signing of Ted Baker takes Merry Hill to almost 140,000 sq ft of new or enhanced space in 2022. This includes new signings, re-gears, refurbishments, and renewals, showcasing operator confidence in the leading location.

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Consumers willing to trade privacy for Amazon benefits

Retail Wire

Amazon.com has been accused of spying on Americans through a variety of devices, but those concerns do not appear to have significantly affected the company’s sales. “By and large, negative consumer attitudes to data collection across smart home and other areas have largely been ameliorated by the services received in return,” said Jonathan Collins, an analyst at ABI Research.

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Double-digit fall in Hallenstein Glasson’s full-year profit

Inside Retail

NZX-listed fashion retailer Hallenstein Glasson has reported a 23 per cent drop in net profit for the year ended August 1 to AUD39,83 million despite sales growth in the second half. Full-year revenue rose by a humble 0.1 per cent to AUD547.05 million, after the company was “adversely impacted by the numerous lockdowns in both New Zealand and Australia” in the first six months of the year. .

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Walmart+ attracts subscribers from up and down the economic ladder

Retail Wire

Walmart believes that the value of its Walmart+ subscription is compelling enough to attract larger numbers to the service, even those participating in federal assistance programs. The retailer says that around 25 percent of its current members receive food assistance from the government.

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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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Optus parent assesses potential cost of data breach as lawyers circle

Inside Retail

Singapore Telecommunications said on Monday it was assessing the potential costs of the massive cybersecurity breach at its Optus arm, Australia’s second-largest telco, 12 days ago. In its second comment on the breach of private data from 10 million accounts, Singtel sought to clarify reports it could face a huge compensation bill. It said it has not received any legal notice of a class action lawsuit but has engaged lawyers to advise it. “Any class action will be vigorously defended

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IKEA will use 100 percent electric fleet to deliver online orders by 2025

Retail Wire

All of IKEA’s home deliveries by 2025 will be made using electric vehicles. The furniture giant said that deliveries in some cities are already 100 percent electric and it is making the move as part of a plan to cut more emissions than it uses by 2030.

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Bang & Olufsen’s APAC president explains what’s next for the brand in Asia

Inside Retail

Bang & Olufsen is on a roll. It just unveiled its latest store in Hong Kong’s prestigious cultural landmark, K11 Musea, and launched a new soundbar for home cinema aficionados, the “Beosound Theatre”, with local singer-songwriter Jay Fung in attendance. “It’s been a busy year. It’s also been a very special year. Overall in Asia we grew by 12 per cent year on year.

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Walgreens launching automated RX fulfillment centers

Retail Wire

Walgreens is setting up a network of prescription drug fulfillment centers to serve customers at local stores. The fulfillment centers make use of robots to fill prescriptions more quickly than human pharmacists. “This frees up the capacity of our most skilled professionals,” said Rina Shah, group vice president of pharmacy operations and services at Walgreens.

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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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Will the war on inflation crash the JB Hi-Fi party?

Inside Retail

It was a case of right place, right products, right time for JB Hi-Fi, a brand that has raked in ample coin during Covid lockdowns. . The retailer had what everyone wanted for a life that revolved around the home. TVs, computers, stuff to shut the kids up – JB was our saviour. Coupled with a better-perceived value and a more efficient way to buy than many of its competitors, you’ve got to give credit where credit is due.

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Cybersecurity Terms You Should Know 

Small Biz Trends

Information is the lifeblood of your small business. Data that gets stolen or damaged can cost or even ruin an enterprise. Understand how to keep digital data safe with these cybersecurity terms. These can help you pick an excellent intrusion prevention system. These terms are good to know. Especially without a computer emergency response team. READ MORE: What is Cybersecurity.

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A Message from the CEO on Intelligence Node’s 10th Anniversary

Intelligence Node

This year marks a special year for Intelligence Node as we celebrate our 10th anniversary. I take this opportunity to thank you for your continuous commitment to Intelligence Node, its. The post A Message from the CEO on Intelligence Node’s 10th Anniversary appeared first on Blog.

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Best Dash Cam Options for Small Businesses

Small Biz Trends

There are many reasons why you might be looking for a dash cam. Maybe you run a small business with a delivery fleet, are an independent contract driver, or simply use your vehicle for business reasons. There are a wide variety of dash cams that may suit your needs. But like most tech these days, the best dash cams come in all shapes and sizes, with equally varying prices and features.

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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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First legal weed shops open in Vermont

Retail Wire

The first three dispensaries selling marijuana for recreational purposes in Vermont are open for business. The state joins 14 others and the District of Columbia in making marijuana available over the counter to adults.

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SaaS & More: Different Business Models For Software Developers

Star Miconics

SaaS, HaaS, and On-Premises: Different Go-to-Market Models for Software Developers and ISVs. Independent software vendors (ISVs) and developers devote time, attention, and resources to developing applications that address their markets’ challenges and pain points. An ISV’s success depends on achieving those objectives. However, it’s equally important to determine the best way to deliver software to consumers and take it to market.

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Consumer confidence remains solid in face of economic challenges

Retail Wire

Prices are rising and the stock market is not doing well. On the other hand, the job market remains strong and consumer confidence is high despite the challenges. Sylvester Villareal, owner of Bundy Auto Sales, said his business in Santa Monica, CA, is doing well. “Around where I work, it’s not a blue-collar area, but it’s not a rich area,” he said.

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Sook opens pop-up space in Shoreditch

A1 Retail

Flexible ’pop-up’ retail pioneer Sook has signed a new flagship retail space at 32 Shoreditch High Street. Sook worked with Kenningham Retail to complete the acquisition of the property, owned by the Estate Office Shoreditch, and set to open on Saturday 8th October. 32 Shoreditch High Street will serve as Sook’s first East London location. The flagship space will be the company’s 11th site in the UK – and sixth opening this year – and is part of Sook’s ambitious expansion plan to mee

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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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Unionized Starbucks workers fear retaliation

Retail Wire

Starbucks workers who voted to be represented by Workers United say they fear reprisals from the company, claiming that it has fired more than 100 employees who participated in organizing the workplace. Starbucks was recently ordered by a court to reinstate seven workers. Management maintains that it has done nothing wrong.

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The Funny Thing About Automation

Mulesoft

As the CMO of MuleSoft, I know that the greatest strength of our customers is their people. Right now, one of the most important things we’re doing is helping our customers automate mundane and repetitive tasks – tasks that make us feel more like robots and less like people. That’s the funny thing about automation. […]. The post The Funny Thing About Automation first appeared on MuleSoft Blog.

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TikTok finds a partner to bring live streaming to the U.S.

Retail Wire

TikTok struggled with its in-house solution to make live streaming work in the UK. It is now working out a deal to outsource its live streaming service, TikTok Shop, to TalkShopLive in the U.S. “When it comes to market expansion for TikTok Shop we are always guided by demand and are constantly exploring new and different options for how we can best serve our community, creators and merchants in markets around the world,” TikTok said.

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18 retailers at risk of bankruptcy as consumers tighten wallets in 2022

Retail Dive

As demand wavers and capital gets harder to find, the number of companies at risk has soared from last year.

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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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BOXPARK Group announces sixth site to open in Liverpool next year

A1 Retail

London’s award-winning dining, retail and leisure group, BOXPARK announces its sixth site and first BOXPARK-branded development outside of the capital as it heads to Liverpool in 2023. . BOXPARK has agreed a 15-year lease with Terracotta Asset Management Limited for The Canning Hall site in the south of Liverpool city, which sits within the Baltic Triangle district, forming part of the Cains Brewery Village estate. .

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Get Versed in the Metaverse: A Conversation with Metaverse Expert, Elizabeth Strickler

Miller Zell

What is the Metaverse? Well, it’s not fully here so there is no final answer … yet. A conversation with Metaverse expert Elizabeth Strickler sheds some light on this new frontier.

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Fortune Alexander of Pega – 70% of Customer Service Leaders Say They’re Optimizing Experiences for Gen Z and Millennials

Small Biz Trends

This week marks the 31st year of celebrating Customer Service Week, an international celebration of the importance of customer service and of the people who serve and support customers on a daily basis. Many companies are participating in the spirit of the week’s salute to customer service workers with a look toward improving the service experience from both the customer and the employee perspective.

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Get Versed in the Metaverse: A Conversation with Metaverse Expert, Elizabeth Strickler

Miller Zell

What is the Metaverse? Well, it’s not fully here so there is no final answer … yet. A conversation with Metaverse expert Elizabeth Strickler sheds some light on this new frontier.

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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.