Retail TouchPoints

APRIL 19, 2021

Macy’s Backstage , Lids and Carhartt all have announced expansions of shop-in-shop formats with parent and partner retailers. Macy’s plans to eventually add Backstage-branded spaces at 270 locations across the U.S.; Lids has partnered with DSW and The Shoe Company for in-store shops at locations in Canada; and Carhartt and Tractor Supply Company are expanding their successful shop-in-shop partnership.

Shopping 299

Shopping Planning Location ATS 299

Retail Focus

APRIL 19, 2021

Landsec has announced that Italian luxury fashion brand Armani has opened its first-ever outlet in Essex at Braintree Village, in line with non-essential retail opening across the country. Spanning 1,889 sq ft, the new Armani store is next to Polo Ralph Lauren, joining other leading designer brands such as Calvin Klein, Tommy Hilfiger, and Timberland all operating within Braintree Village.

Fashion 280

Fashion Management Shopping ATS 280

Retail TouchPoints

APRIL 19, 2021

Amazon CEO Jeff Bezos tackled a wide range of topics in his final letter to shareholders before he passes the CEO baton to Andy Jassy, current head of the Amazon Web Services division, later this year. In addition to discussing the recent failed unionization vote in Bessemer, Ala., climate change and how the company can continue to innovate, Bezos started the letter by touting some big stats: Amazon Prime members now number 200 million worldwide.

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Fulfillment Accounting Planning Customer Experience 299

Inside Retail

APRIL 19, 2021

Koalas, kangaroos and eco-friendly shoppers? Australia has gained a reputation for having a large number of conscious consumers, and it’s leading global brands with a sustainable focus to set up shop in the land down under. Queen of Raw , an online marketplace for unused textiles, launched in Australia at the end of last year. Frankie & Friends, a Philippine lifestyle retailer, opened its first international store in Sydney last month.

Fashion 244

Fashion Consumer Shopping Marketing 244

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

Checkout

Retail TouchPoints

APRIL 19, 2021

Data analytics and brand consulting group Kantar has reached an agreement to acquire the consumer and market intelligence company Numerator from Vista Equity Partners. The deal is worth approximately $1.5 billion , according to Reuters. Numerator blends proprietary data — including a digital panel of more than 1 million U.S. consumers — with advanced technology to create unique insights that help companies understand their customers in real time and identify growth opportunities.

Marketing 279

Marketing Consumer Shopping ATS 279

Inside Retail

APRIL 19, 2021

Imagine sitting next to someone at a dinner party who said things like ‘Drive defines us’ or ‘Unboring the future’. You’d probably smile at them while thinking ‘what a berk’. And you’d be right. But talking like that weird dinner party berk is how advertising seems to talk these days. Which goes against a cast iron piece of advice from reliably quotable David Ogilvy.

Advertising 219

Advertising Consumer Marketing ATS 219

Inside Retail

APRIL 19, 2021

Australia’s biggest supermarket chain Woolworths Group sought to take control of data analytics firm Quantium by raising its stake in the company to 75 per cent from 47 per cent, signalling its increasing reliance on analytics to target and retain customers. The company said on Tuesday it will increase its shareholding in Quantium for A$223 million ($173.25 million).

Supermarket 208

Supermarket 208

Retail TouchPoints

APRIL 19, 2021

Social commerce and livestream shopping in particular continues to pick up steam in the U.S., with brands across various retail segments testing out this latest addition to their marketing playbooks. With its increased customer engagement, partnership opportunities and ample “social proof,” livestream shopping offers an attractive new strategy for today’s retailers.

Shopping 227

Shopping Social Commerce Promotions Department Stores 227

Inside Retail

APRIL 19, 2021

Online furniture retailer Temple & Webster has stated its intention to capitalise on the ‘once in a generation shift’ of consumers heading online following the Covid-19 lockdowns, announcing a doubling of Q3 revenue. During the three month period, the business’ revenue jumped 112 per cent on the prior corresponding period – which included strong online growth off the back of the initial lockdowns last year.

Advertising 204

Advertising Promotions Customer Experience Marketing 204

Retail Wire

APRIL 19, 2021

George Sherman will step down as CEO of GameStop on July 31 or earlier, if a successor is found. The retailer alerted the Securities and Exchange Commission last month that its board was in the process of “evaluating executive leadership to ensure the company has the right skills to meet changing business requirements.” Mr. Sherman’s announced plans follows the departure of many of his executive team in recent months.

Planning 130

Planning 130

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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.

Management

Inside Retail

APRIL 19, 2021

Retail leader Solomon Lew is being taken to court over $3.5 million of unpaid rent, according to a report in The Australian. Fortius Funds Management launched action against Premier Investments’ Just Group, according to documents filed with the NSW Supreme Court, where it claims Just Jeans, Peter Alexander, Portmans and Smiggle failed to pay their respective rents at Fortius’ Mid City Pitt Street Mall centre.

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Management ATS 182

Retail Wire

APRIL 19, 2021

The combination of stimulus checks and rising confidence of a return to some semblance of normality is leading Americans to loosen up the tight grip they had on purchasing. Macy’s CEO Jeff Gennette points to a recent jump in dress sales as an indication of good things to come. “You’ve got young women that are now able to put a prom date on the calendar and they’re coming to our stores and websites,” he said.

Consumer 130

Consumer Shopping Returns ATS 130

Inside Retail

APRIL 19, 2021

Woolworths Group is doubling down on efforts to protect staff from violent and abusive customers by ramping up training and trialling the use of body cameras at select stores. Safety cameras are being introduced at Woolworths Supermarkets as a measure to prevent abuse of team members after assaults at its stores doubled last year. “Nobody deserves to be abused at work, so it’s important we look at new measures to help keep our team members safe,” Woolworths director of stores Rob Moffat said in

Supermarket 147

Supermarket Management Accounting Consumer 147

Nvidia

APRIL 19, 2021

A rising technology star in Southeast Asia just put a sparkle in its AI. Vingroup, Vietnam’s largest conglomerate, is installing the most powerful AI supercomputer in the region. The NVIDIA DGX SuperPOD will power VinAI Research, Vingroup’s machine-learning lab, in global initiatives that span autonomous vehicles, healthcare and consumer services. One of the lab’s most important missions is to develop the AI smarts for an upcoming fleet of autonomous electric cars from VinFast, the group’s autom

ATS 134

ATS Consumer Marketing 134

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.

Customer Experience

Inside Retail

APRIL 19, 2021

A growing number of countries around the world are considering launching central bank digital currencies (CBDCs) in a bid to keep up with the rise in cashless payments, even as companies like Tesla get behind Bitcoin and Facebook develops its own form of currency. The UK has become the latest country to signal its interest in CBDCs, with finance minister Rishi Sunak announcing a new task force at the Bank of England and later tweeting the phrase ‘Britcoin?

Finance 147

Finance ATS 147

Nvidia

APRIL 19, 2021

To help developers hone their craft, NVIDIA this week introduced more than 50 new and updated tools and training materials for data scientists, researchers, students and developers of all kinds. The offerings range from software development kits for conversational AI and ray tracing, to hands-on courses from the NVIDIA Deep Learning Institute. They’re available to all members of the NVIDIA Developer Program , a free-to-join global community of over 2.5 million technology innovators who are revol

Marketing 134

Marketing 134

Inside Retail

APRIL 19, 2021

Supermarket giant Coles has partnered with Deakin University to forge an academic program focused on teaching the skills necessary in retailing, which can be used as credit toward a Master of Business Administration. The Strategic Category Management program, which accounts for 33 per cent of the requirement for a Deakin MBA, will be made available to current Coles category managers and is expected to provide industry-leading training and strengthen Coles’ commercial operations.

Supermarket 130

Supermarket Accounting Management ATS 130

Small Biz Trends

APRIL 19, 2021

One of the best ways to attract customers to a restaurant is to give them more dining options, whether it is indoors, outdoors, or to go. If they decide to dine in, having an outdoor option is always a great alternative for diners. And this means having quality outdoor seating for restaurants in place so they can sit comfortably and enjoy their meal.

Outdoor 132

Outdoor Accounting Shipping Retail Trends 132

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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.

Point of Sale

Talking Retail

APRIL 19, 2021

Gin brand Beefeater is launching three ready-to-drink cans. Beefeater London Dry Gin & Tonic, Beefeater Pink Strawberry Gin & Tonic and Beefeater Blood Orange & Tonic are rolling out into convenience stores this week, retailing at £2 for a 250ml can with a 4.9% ABV. The launch also coincides with a multi-million-pound campaign launching today.

ATS 128

ATS 128

Retail Dive

APRIL 19, 2021

Consumers returned $428 billion in merchandise last year. Retailers need to change systems for the sake of the environment and the bottom line.

Returns 139

Returns Consumer 139

Talking Retail

APRIL 19, 2021

Retailers, the Home Office, and independent charity Crimestoppers have today (19 April) launched a new campaign urging the public to ShopKind after the reopening of more stores across the country. The #ShopKind campaign urges the public to be mindful of shopworkers’ essential role in supporting people during these difficult times and emphasises that we should.

ATS 128

ATS 128

Retail Wire

APRIL 19, 2021

BTS is the latest celebrity meal collaboration for McDonald’s. The meal will feature 10-piece Chicken McNuggets, medium fries and a medium Coke and will come with Sweet Chili and Cajun dipping sauces, which are popular in the group’s home base of South Korea. The offering will be available in the U.S. through June 20.

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100

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

Management

Retail Dive

APRIL 19, 2021

Some analysts say that the company, still struggling after emerging from bankruptcy last year, has been too slow to offer more casual styles.

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127

Retail Wire

APRIL 19, 2021

Freshly is opening its second assembly and distribution center in New Jersey. The 234,000-square-foot facility will help the meal kit service meet growing demand and reduce its order-to-delivery time.

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Retail Dive

APRIL 19, 2021

Five moves that will help retailers turn emerging challenges into competitive advantages — particularly when launching new products or wooing first-time shoppers.

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Retail Wire

APRIL 19, 2021

Oxford Street is London’s high-end retail destination and it has seen merchants occupying stores there take a big hit from the novel coronavirus pandemic. With more space readily available as a result of store closings, a new pop-up shop concept has emerged that gives small brands a chance to occupy space on a limited basis that would have been far too costly prior to the pandemic.

Shopping 100

Shopping 100

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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 Dive

APRIL 19, 2021

As gaming shifts to streaming, George Sherman's exit after two years as chief executive continues a leadership shakeup at the beleaguered retailer.

ATS 120

ATS 120

Retail Wire

APRIL 19, 2021

The Consumer Product Safety Commission has warned the public to stop using Peloton treadmills in their homes if small children are present after several kids were injured in accidents on the devices, including one who died. Peloton has been negotiating with the federal agency as reports of accidents have become public. The equipment and virtual fitness service called the CPSC’s warning about its Peloton Tread+ “inaccurate and misleading.” An official familiar with the governmen

Consumer 100

Consumer 100

Nvidia

APRIL 19, 2021

Artists and engineers, architects, and automakers are coming together around a new standard — born in the digital animation industry — that promises to weave all our virtual worlds together. That’s the conclusion of a group of panelists from a wide range of industries who gathered at NVIDIA GTC21 this week to talk about Pixar’s Universal Scene Description standard, or USD.

Advertising 107

Advertising ATS Marketing 107

Retail Wire

APRIL 19, 2021

TreeHouse Foods is the largest manufacturer of store brands in the U.S. The company was caught off-guard when the pandemic hit the supply chain, causing interruptions and increased costs for ingredients, labor, packaging and freight. TreeHouse was further hurt as American consumers turned back to familiar national brands during the pandemic. Now, TreeHouse is seeking to simplify its operations in an effort to become more nimble and begin gaining back some of the market share it has lost over the

Marketing 100

Marketing Consumer 100

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

Customer Experience