Thu.Jan 20, 2022

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Walmart Steps Up Ecommerce Investment With Cross-Border Commerce and NFT Projects

Retail TouchPoints

Walmart is beefing up its ecommerce operations on several fronts via cross-border commerce, metaverse investments and a new executive. The retail giant announced that it is encouraging Indian retailers to join its U.S. marketplace, while CNBC has reported that the company plans to create its own cryptocurrency and collection of NFTs. The Wall Street Journal has reported that Tom Ward, currently SVP of Last Mile, will take over as President and CEO of U.S.

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Most retailers adopt negative outlook in wake of Covid ‘wrecking ball’

Inside Retail

With consumer confidence sinking to its lowest in 30 years this week, most retailers now have a negative outlook of their businesses for the next three months according to the Australian Retailers Association. . The ARA’s research found that 63 per cent of retailers are worried about their business’ performance in the next three months, while 62 per cent have rated current trading conditions as ‘poor’ or ‘terrible’.

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Vibes Helps Retailers Enable Real-Time Messaging Through Mobile Wallets

Retail TouchPoints

Mobile solution provider Vibes has launched Mobile Wallet as a Channel, a platform designed to help retailers use native mobile wallet apps, Apple Wallet and Google Pay to deliver personalized mobile experiences for marketing and loyalty purposes. The solution builds on Vibes’ existing dynamic mobile offering with the addition of features that add real-time capabilities.

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Demand for Glass Moveable Walls Soars

Retail Focus

Glass moveable walls are today’s ‘en vogue’ method of creating light, airy, flexible space with specifications from architects and interior designers at an all-time high. According to Mark Cowley, who heads up the glazed Horizontal Sliding Walls (HSW) division of the UK’s leading moveable wall specialist, Style, the demand for glass partitioning systems has rocketed.

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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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How IKEA and Grove Collaborative Help Consumers Act on Their Sustainable Intentions

Retail TouchPoints

Over the last few years, sustainability has become increasingly important to consumers. But as is often the case, shoppers’ actual actions still lag behind their intentions, according to a new study from the IBM Institute for Business Value (IBM IBV) in association with the National Retail Federation (NRF). The study found that while 62% of respondents said they are willing to change their purchasing habits to reduce their environmental impact (up from 57% two years ago), only 31% said that sust

Consumer 246
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What global brands need to know about New York’s Fashion Sustainability Act

Inside Retail

A new bill has been introduced in the state of New York that, if it becomes law, would require major global fashion brands to map their supply chains and take steps to reduce their environmental impact. . The Fashion Sustainability and Social Accountability Act (or Fashion Act) would apply to global apparel and footwear retailers and manufacturers with annual revenues of more than US$100 million that do business in New York.

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VIDEO: How Camilla plans to colour the world with its vibrant designs

Inside Retail

Australian fashion brand Camilla is well-loved for its unique and colourful prints that are inspired by its founder’s international travels and created by its in-house team of designers by hand. Here, we chat with CEO Jane McNally about the brand’s intricate design process, how it deals with copycats and what it aims to achieve in 2022. From investing in digital, to expanding its product range, to opening new stores, Camilla is firing on all cylinders.

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Does Procurement Play a Role in Retail Recovery?

Retail TouchPoints

The last year and a half has been tremendously disruptive to all kinds of businesses, particularly the retail industry. For most types of consumer retail stores, the pandemic scared regulars away, diminished traffic from visitors, altered consumer preferences, snapped formerly reliable supply chains and required dramatic shifts in the way stores serve their clientele.

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How Superdry is using WeChat, Weibo and Little Red Book this Lunar New Year

Inside Retail

To celebrate the Year of the Tiger, streetwear brand Superdry is unveiling its annual Lunar New Year collection via social media platforms Weibo, WeChat and Little Red Book (LRB). The fashion brand is marketing its 11th Lunar New Year collection directly to Asian-Australians this year through partnerships with popular local influencers, or key opinion leaders, who are creating dedicated content to showcase the brand in a way that feels authentic to each platform.

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5 Things to Know About Amazon’s New ‘Style’ Clothing Stores

Retail TouchPoints

Amazon has announced plans for its first-ever physical fashion store — dubbed Amazon Style — which will feature women’s and men’s apparel, shoes and accessories. The first Amazon Style store is set to open later this year at The Americana at Brand shopping mall in Los Angeles. “We obsessed over designing a shopping experience focused on helping customers find great looks, and it led us to create Amazon Style,” said a company blog announcing the new store format.

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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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How Maccas, Domino’s and 7-Eleven are taking sustainability seriously

Inside Retail

Reducing carbon footprint is now more important for 57 per cent of Australians, according to a report from Mastercard last year, with 61 per cent believing companies need to adopt more sustainable and eco-friendly practices. The research is a nudge for organisations to implement sustainability initiatives because customers will shop with this in mind.

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6 Essential Online Marketing Tips & Ideas For Growing Your Business In 2022

Retail Focus

Marketing has completely revolutionized since the advent of the pandemic. These days, consumers are changing their tastes and preferences. There are a huge number of consumers who prefer video content hence video marketing is the current trend and forms a very integral part of online marketing. Thus, it is necessary to change the marketing strategies.

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Retail appointments of the week

Inside Retail

Rhuigi Villaseñor joins Bally as creative director. Swiss luxury brand Bally has appointed Rhuigi Villaseñor, the founder, CEO and creative director of Los Angeles luxury streetwear brand Rhude, as its new creative director. As creative director, Villaseñor will oversee the artistic direction of Bally, with his first collection coming in the Spring/Summer 2023 season.

Fashion 130
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Luxury consumers spent big on bling for Christmas

Retail Wire

Richemont, which owns Cartier and Piaget, reported a 38 percent increase in sales for its jewelry brands during the fourth quarter of 2021. The company reported that U.S. shoppers made up 59 percent of its jewelry dollar store growth during the period.

Jewelry 130
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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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Amazon to open fashion store where algorithms suggest what to try on

Inside Retail

Amazon’s recipe for the department store of the future includes algorithmic recommendations and what one corporate director called “a magic closet” in the fitting room. The online retailer is making another push to grow its fashion business, announcing on Thursday it will open its first-ever apparel store this year, with a tech twist. “We wouldn’t do anything in physical retail unless we felt we could significantly improve the customer experience,” said Simoin

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Amazon to open a clothing store in LA

Retail Wire

Amazon.com is opening Amazon Style, a 30,000-square-foot store in Los Angeles. The store is Amazon’s latest entry merging its digital and physical operations. “Customers enjoy doing a mix of online and in-store shopping. And that’s no different in fashion,” said Simoina Vasen, the managing director of Amazon Style. “There’s so many great brands and designers, but discovering them isn’t always easy.

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NVIDIA GPUs Enable Simulation of a Living Cell

Nvidia

Every living cell contains its own bustling microcosm, with thousands of components responsible for energy production, protein building, gene transcription and more. Scientists at the University of Illinois at Urbana-Champaign have built a 3D simulation that replicates these physical and chemical characteristics at a particle scale — creating a fully dynamic model that mimics the behavior of a living cell.

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5 Resolutions for Small Businesses in 2022

Cisco Retail

A new year is a great time to reflect on the past 12 months and create goals for the year ahead. This is especially important for small businesses, which have been so dramatically affected by the pandemic. As with many disruptive events, the pandemic has provided many lessons for small businesses to pull from. We’ve narrowed it down to five resolutions small businesses should consider as you take on 2022. 1.

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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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Van, Go: Pony.ai Unveils Next-Gen Robotaxi Fleet Built on NVIDIA DRIVE Orin

Nvidia

Robotaxis are on their way to delivering safer transportation, driving across various landscapes and through starry nights. This week, Silicon Valley-based self-driving startup Pony.ai announced its next-generation autonomous computing platform, built on NVIDIA DRIVE Orin for high-performance and scalable compute. The centralized system will serve as the brain for a robotaxi fleet of Toyota Sienna multipurpose vehicles (MPVs), marking a major leap forward for the nearly six-year-old company.

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Cisco expands Catalyst 9000 Switching Portfolio into the Industrial Space

Cisco Retail

Listening and learning from our customers are some of the best parts of my day. What I’ve been hearing consistently is a sharp focus on business agility, global competitiveness, and workforce flexibility. To adapt, customers are digitizing all aspects of their business, including their industrial spaces, to overcome supply chain disruptions, accelerate automation and transition to hybrid work.

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Green is the new black: Sustainability is now front of mind for luxury shoppers

365 Retail

A new report from Klarna , a leading global retail bank, payments and shopping service, reveals that consumers are changing the way they think about luxury and high-end purchases, with sustainability and innovation becoming key drivers behind luxurious purchases. The State of Smooth: Unpacking Luxury in 2022 report shows that sustainability is front of mind for luxury shoppers with 51% seeing a luxury purchase as a sustainable and environmentally-friendly choice.

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How To Do DevSecOps for Kubernetes

Cisco Retail

In this article, we’ll provide an overview of security concerns related to Kubernetes, looking at the built-in security capabilities that Kubernetes brings to the table. Kubernetes at the center of cloud-native software. Since Docker popularized containers, most non-legacy large-scale systems use containers as their unit of deployment, in both the cloud and private data centers.

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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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GFN Thursday: ‘Tom Clancy’s Rainbow Six Extraction’ Charges Into GeForce NOW

Nvidia

Hello, Operator. This GFN Thursday brings the launch of Tom Clancy’s Rainbow Six Extraction to GeForce NOW. Plus, four new games are joining the GeForce NOW library to let you start your weekend off right. Your New Mission, Should You Choose to Accept It. Grab your gadgets and get ready to game. Tom Clancy’s Rainbow Six Extraction releases today and is available to stream on GeForce NOW with DLSS for higher frame rates and beautiful, sharp images.

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The Future of Work Part 1: Reimagine Connectivity

Cisco Retail

This is the first of a six-part Future of Work Networking series. To reimagine the future of work, rather than focusing on what we currently do – our applications and workflows – first we consider how technology itself will evolve, then we reimagine how these changes will impact our lives. Consider how the typewriter evolved into the word processor.

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Amazon to open first physical clothing store

Retail Dive

Amazon Style will launch later this year in Los Angeles, bringing technology and personalization to the forefront of its shopping experience.

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McD’s expands its McPlant burger pilot

Retail Wire

McDonald’s has decided to its expand the test of its McPlant burger. The fast-food giant will put the item from Beyond Meat on the menu at around 600 locations in the Dallas-Forth Worth and San Francisco areas.

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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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The story of Toys R Us' bankruptcy is still unfolding, and it still matters

Retail Dive

In ongoing litigation, former suppliers to the retailer allege its leaders should never have signed on to bankruptcy financing that triggered its liquidation.

Finance 127
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Australia abandons plan to let kids drive forklifts

Retail Wire

Australia is facing labor shortages as it seeks to adapt to the affects of the pandemic. The Australian government introduced and then quickly moved away from a proposal that would have allowed people under the age of 18 to get a forklift license. The current age to legally operate a forklift is 18.

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Nisa offers inflation-busting deals on staple groceries

Talking Retail

Nisa is offering discounts this month on several cupboard staples in an effort to help customers beat rising inflation. The promotion features products at half price or better, including Nescafé Azera Americano coffee 100g at £3, Cheerios Multigrain 390g at £1.34 and Sunpat Smooth Peanut Butter 400g at £1.50. Also on offer are fajita kits. This story continues at Nisa offers inflation-busting deals on staple groceries.

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Jobless claims are at a three-month high

Retail Wire

First time claims for unemployment rose 55,000 last week to 286,000, the highest level in three months. The rapid spread of the Omicron variant is being offered as a major factor in the latest unemployment numbers.

ATS 100
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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.