Fri.Feb 11, 2022

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Primark and Greggs to launch “Tasty by Greggs” cafe and London boutique

Retail Focus

High street bakery chain Greggs is to launch “Tasty by Greggs” cafe in Primark Birmingham opening on February 12. Both brands revealed the new partnership which is to include a fashion collection in a first-of-its-kind collaboration with Primark. A limited-edition range of 11 clothing items will go on sale in 60 Primark stores from February 19. The announcement follows shoppers spotting fashion mannequins at a number of Primark stores holding Greggs sausage rolls and steak bakes in window displa

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Apparel Ousts Electronics as Most Popular Online Shopping Category

Retail TouchPoints

Three years ago, electronics were by far the top product category that consumers bought online, but new research from Feedvisor shows the impact of consumers becoming more comfortable shopping online and new tools emerging to enhance the digital shopping experience. In a survey of 2,000 U.S. consumers, Feedvisor found that 60% of consumers make their most online purchases in the Clothing, Shoes and Jewelry category (#1), while 49% of consumers purchase the most in the Beauty and Personal Care ca

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NICCE to open first physical store on Carnaby Street

Retail Focus

Shaftesbury announces the opening of NICCE’S flagship store on Carnaby Street. The 1,400 sq ft store spans two floors and opens in Spring. It will be located on the corner of Carnaby Street and Beak Street at 57 Carnaby Street. The store will be the first physical flagship store for the London based brand. Samantha Bain-Mollison, Retail Director Shaftesbury says: “We are happy to announce that NICCE will open their first physical flagship store on Carnaby Street in such a prime location un

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NRF: Shoppers Are Spending for Valentine’s Day and Super Bowl Despite Pandemic Pressures

Retail TouchPoints

Valentine’s Day and the Super Bowl will provide a one-two punch of sales opportunities this year. Valentine’s Day spending is expected to reach $23.9 billion this year. That would make it the second-highest year on record and an increase over the $21.8 billion spent in 2021, according to NRF. Super Bowl LVI, with the L.A. Rams facing off against the Cincinnati Bengals on Feb. 13, will add another $14.6 billion as 72% of U.S. consumers tune in to the big game.

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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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Coke CEO says consumers will have limited patience for high prices

Retail Wire

Coca-Cola CEO James Quincey said that consumers may soon become resistant to manufacturers and retailers raising prices after having endured a steady stream of price hikes over the past couple of year. “It’s easier to do pricing in a stimulus environment where everyone else is going up. It’s much harder when there’s a real squeeze on income,” said Mr.

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Francisco Market: A Cisco Retail Story

Cisco Retail

Today, I would like to share a Cisco Retail story. The setting is Francisco Market, a fictitious marketplace that illustrates Cisco’s use cases and solutions in retail. Francisco Market’s customers, associates, and operations all provide glimpses into the business needs retailers currently have, the capabilities that Cisco and its partners provide, and the outcomes that can be achieved through digital transformation.

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Bark teams up with Walmart as it builds out its wholesale network

Retail Dive

The partnership builds on the company's existing retail network, which includes Target, Costco and Petco, and puts its products in over 33,000 U.S. stores.

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Luxury brands in no rush to go back to the airport

Retail Wire

Luxury brands are departing from the nation’s airports after having seen their businesses disrupted over the past two years as a result of the pandemic. Much of what is purchased in luxury shops comes from travelers outside the U.S. While domestic travel is picking back up, the same is not true of international, which are at only about 40 percent of what they were in 2019.

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The Weekly Closeout: Cole Haan drops dandelion shoes and Supergoop lands at Ulta

Retail Dive

The footwear brand's new sustainable shoe includes dandelion rubber, while the sunscreen DTC company can now be found at Ulta.

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Supply chain woes limit Under Armour’s growth

Retail Wire

Under Armour exceeded Wall Street’s expectations for sales and profits during the last quarter of 2021, but the company said it continues to face supply chain headwinds that are limiting its growth. “As we navigate ongoing uncertainty in the marketplace, we remain focused on delivering industry-leading innovations,” said CEO Patrik Frisk.

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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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Urban Outfitters taps Club Monaco vet to lead namesake brand

Retail Dive

The company's fourth quarter momentum petered out in January as shipping costs weighed on margins and traffic to stores fell off.

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Walgreens is closing another SF store

Retail Wire

Walgreens will close another in a series of stores in San Francisco due, in part, to high shoplifting levels. “As we continue to execute our strategy to expand Walgreens role as a leader in the delivery of healthcare, we are focused on creating the right network of stores in the right locations to best meet the needs of the communities we serve,” said Walgreens spokesperson Fraser Engerman. “There are a number of factors that we take into consideration when opening and closing

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CVS to spend up to $3B on digital features

Retail Dive

The retailer wants to improve its tech offerings as it scales back its brick-and-mortar operations.

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Best Buy Totaltech members get first crack at in-demand GPUs

Retail Wire

Best Buy has restricted the sale of Nvidia RTX 3000 GPUs series models to members of its Totaltech subscription plan. The retailer, which is the only merchant that sells the particular GPUs in question, is able to prevent bots from buying up limited supplies.

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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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Options + Communication: The keys to delivering in any great relationship

Cisco Retail

It’s no secret that, like everyone, we have been struggling with supply chain issues. As we head into this Valentine’s Day holiday, even Cupid has had his fair share of challenges! What’s the key to persevering and delivering when it matters the most? Communication, of course! So, engage with your Cisco or account team today to discuss product options or check out another post where I discuss yet another option: Hardware hard to come by?

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Simon Property Group sees continued improvement in ’22

Retail Wire

David Simon, CEO of Simon Property Group, the largest mall operator in the U.S. and part-owner of such retail chains as Forever 21 and J.C. Penney, pointed to the gains his company made in 2021 following a particularly difficult 2020. “‘22 is going to continue to be a transition year, like ‘21 was,” he said. “But we kicked the crap out of ‘21.”.

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Texas Tops More Than $375.3 Billion in Exports in 2021

LS Retail

©iStock/Lea BOUKNIGHT According to data from the United States Census Bureau, Texas is the top exporting state for the 20th consecutive year. In an issued statement, Governor Greg Abbott proclaims Texas had more than $375.3 billion in exports in 2021 alone, surpassing both 2019 and 2020 totals. Governor Greg Abbott says that "Made in Texas is a powerful global brand.".

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Marketplace sellers worry about profit margins

Retail Wire

Fees assessed by online marketplace platforms such as Amazon.com have third-party sellers exploring their options. “The blended take rate for sellers on Amazon is approximately 30 percent, meaning Amazon’s take rate of the overall transaction,” said Alasdair McLean-Foreman, CEO of Teikametrics. “That profitability is not necessarily seen by third parties, but of course, as pointed out in the earnings, Amazon has done well to optimize for its profitability.”.

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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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Yodel gears up for busy Valentine’s Day and reveals most unusual gifts

A1 Retail

As risk of cost of living crisis begins to bite, Brits still plan to indulge on Valentine’s Day. Forecasts by UK independent parcel carrier Yodel suggest it will be another bumper year for Valentine’s Day e-commerce, with hundreds of thousands of bouquets being prepared for delivery. Despite restrictions being lifted this year, the numbers are at a similar level to last year and gifting has been bolstered by a rise in the number of people ordering unusual Valentines gifts.

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Scottish convenience retailer helps young women in India

Retail Times

Scotmid Co-operative has helped more than forty young women in India develop new skills and secure a regular income through a partnership with co-ops across the UK.

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Supply chain challenges a 'speed bump' to Under Armour's growth

Retail Dive

Turnaround efforts are bearing fruit, but freight expenses are eating into margins.

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Greggs raise stakes with Primark fashion collection

365 Retail

High street bakery chain Greggs is to launch a fashion collection in a first-of-its-kind collaboration with Primark. A limited-edition range of 11 clothing items will go on sale in 60 Primark stores from February 19. Both brands revealed the new partnership, which includes a new 130-seat “Tasty by Greggs” cafe in Primark Birmingham opening on February 12, in a video shared across their social media channels.

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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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Gaucho makes its debut in Glasgow with new site, following nation-wide expansion

Retail Times

Gaucho, the modern Argentinian dining destination, will open its new restaurant in Glasgow next month. The site heralds a new era for the restaurant group, as DesignLSM continue with the curation of their evolved design DNA for this iconic brand.

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Wingstop to open at Trafford Centre as part of Manchester expansion

A1 Retail

Flavoursome chicken wing brand Wingstop has chosen Trafford Centre as a key location in its expansion into Manchester, with a new restaurant set to open in early spring 2022. Taking a 2,991 sq ft unit in The Orient, Wingstop will be adding its fresh and seasoned menu to the existing 40 restaurants on offer, bringing even more variety to the centre’s food offering.

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FoodDocs raises £1.8m to solve food safety compliance complexities with the help of AI

Retail Times

Today, the process of getting and staying compliant with food safety rules is cumbersome and bureaucratic. As a result, companies struggle and spend significant resources to achieve compliance. FoodDocs — an innovator in the food safety industry – raises £1.8M ($2.4M/€2.1M) to solve food safety compliance issues with the help of Artificial Intelligence.

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Marcus & Millichap Arranges $5.8 Million Sale of Retail Strip Center in Orlando

Shopping Center

Orlando, Fla. — Marcus & Millichap has arranged the $5.8 million sale of Shoppes at Lee, a two-building, 19,970-square-foot retail strip center in Orlando. Located at 1084 Lee Road, the property was leased to tenants including FedEx Office, Boost Mobile,… The post Marcus & Millichap Arranges $5.8 Million Sale of Retail Strip Center in Orlando appeared first on Shopping Center Business.

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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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Retailers terminate contracts worth £7bn with unethical suppliers, Barclays Corporate Banking reveals

Retail Times

UK retailers have cancelled £7.1bn in contracts across the last 12 months with suppliers that don’t meet stringent ethical and sustainable standards, new research reveals.

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IPA Brokers Sale of Sprouts Farmers Market-Occupied Property in Denver

Shopping Center

Denver — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of a 23,300-square-foot property occupied by Sprouts Farmers Market in Denver’s Green Valley Ranch neighborhood. Ryan Bowlby and Drew Issac of IPA, along with… The post IPA Brokers Sale of Sprouts Farmers Market-Occupied Property in Denver appeared first on Shopping Center Business.

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VkusVill opens first cashierless store in Moscow

Retail Times

VkusVill, a leading Russian health foods brand and food tech company, is testing a new format for quick grocery shopping with the opening of its first cashierless store in Moscow.

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Faris Lee Arranges Sale of 10 Dairy Queen-Leased Properties in Louisiana

Shopping Center

Irvine, Calif. — Faris Lee Investments has arranged the sale of 10 Dairy Queen-occupied properties across Louisiana. The portfolio was sold to two separate buyers. Scott DeYoung, Jeff Conover and Hunter Steffien of Irvine, California-based Faris Lee represented the seller,… The post Faris Lee Arranges Sale of 10 Dairy Queen-Leased Properties in Louisiana appeared first on Shopping Center Business.

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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.