Retail TouchPoints

DECEMBER 20, 2022

Amazon has reached a settlement with the European Union (EU) regarding three antitrust probes centered on the retail giant’s use of seller data, the “Buy Box” of ranked offers and shipping requirements for the Prime program. Amazon has agreed to a number of legally binding commitments to bring it in line with the EU’s regulations, and if it fails to maintain them the European Commission can impose a fine of up to 10% of Amazon’s global annual turnover.

Fulfillment 272

Fulfillment Shipping Consumer ATS 272

Inside Retail

DECEMBER 20, 2022

A fundamental question about the future of David Jones was put to rest this week, after the retailer’s parent company Woolworths Holdings announced the sale of the department store chain to Australian private equity firm Anchorage Capital Partners on Monday. While the sum was not disclosed, The Australian cited sources close to the transaction who put the figure at around $100 million.

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Department Stores Supermarket Management Marketing 246

Retail Focus

DECEMBER 20, 2022

Railpen, one of the largest pension managers in the UK, has announced the upsize of Skechers, the lifestyle and athletic footwear brand, at Caledonia Park in Scotland. Skechers has increased the size of its outlet store by over 1,000 sq ft in a move that illustrates the strong and successful performance seen by leading international brands at the destination.

ATS 182

ATS Accessories Apparel Management 182

Retail TouchPoints

DECEMBER 20, 2022

Designer Brands has acquired Topo Athletic in a transaction that allows the DSW parent company to gain a foothold in the premium athletic and outdoor footwear categories. Topo’s Founder and CEO Tony Post will continue to helm the company in the chief leadership role and report to Bill Jordan, President of Designer Brands. . Post, who founded the 10-year-old Topo brand, is a former competitive runner and footwear industry veteran.

Outdoor 162

Outdoor Specialty Retailers Wholesale Management 162

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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

Retail Focus

DECEMBER 20, 2022

Grosvenor has announced that leading British retailer, Marks & Spencer (M&S), is to join Liverpool ONE, anchoring South John Street in two floors of the former Debenhams. Set to open in mid-2023, the retail giant is relocating from Church Street to create a 100,000 sq ft store in a move that reaffirms the brand’s commitment to the city centre.

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Management Fashion Customer Experience Consumer 182

Retail Wire

DECEMBER 20, 2022

Although D2C e-commerce profits are being tested by higher operating costs, growth prospects appear to be set for steady, double-digit increases through 2024. One major change in direct-to-consumer sales, however, is the way established brands have followed the path forged by innovative digital natives and leveraged their brand power to the point that they now account for 75 percent of 2022’s domestic D2C sales.

Accounting 130

Accounting Consumer 130

Retail Wire

DECEMBER 20, 2022

A new study from Accenture points to the paradoxical nature of shopper behavior and how that often sends false messages to brands and retailers making merchandising plans for the year ahead. For example, consumers — the majority of whom will claim they want to support sustainable living — are often simultaneously doubling down on fast-fashion purchases.

Planning 130

Planning Consumer Fast Fashion ATS 130

VMS

DECEMBER 20, 2022

T HOUGH THE STRUGGLES of the past may challenge our hopes for the future, New York retail in 2022 demonstrated that the days ahead are brighter than the days behind us. Even in the face of great political turmoil, a relentless pandemic and difficult economic challenges, the past year offered a sense of hope and optimism across New York’s retail landscape.

Sporting Goods 106

Sporting Goods Accessories Advertising Boutique 106

Retail Wire

DECEMBER 20, 2022

With supplies ravaged amid the combined onslaught of COVID, flu and RSV strains this winter, drug chains CVS and Walgreens have taken steps to limit purchases of related medications for children. Currently, CVS has imposed a two-product limit on all children’s pain-relief products, both in-store and online. Walgreens has limited online orders of over-the-counter pediatric fever reducers to quantities of six.

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VMS

DECEMBER 20, 2022

As an artist whose multi-disciplinary vision transcended the fashion runways of Paris, Milan and New York, Thierry Mugler pushed the boundaries of contemporary culture with his haute couture designs, theatrical costumes, renowned perfumes, cutting edge photography and esoteric film making. The genius of the iconic visionary has been documented and richly celebrated in a stunning exhibition at the Brooklyn Museum, titled “Thierry Mugler: Couturissime.

Fashion 103

Fashion Accessories ATS 103

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

Retail Wire

DECEMBER 20, 2022

Carhartt, the trendy worker-apparel retailer based in Detroit, is taking advantage of a nearly $1 million performance-based grant from the Michigan Business Development Program to help fund the hiring of 125 workers at its Dearborn, Michigan facility. The company is planning a $4.65 million capital investment improvement to the campus, as well. Carhartt management had been considering instead hiring workers in Mexico or at its facilities in Kentucky.

Apparel 100

Apparel Planning Management ATS 100

VMS

DECEMBER 20, 2022

Skechers (Manhattan Beach, Calif.) has opened a flagship store on Dublin’s Grafton Street. Joining its concept store on Henry Street and four retail stores in greater Dublin, the new, 10,000-square-foot location is designed to present Skechers’ offering and comfort technologies in one of the country’s most highly trafficked districts, the retailer said in a news release.

Accessories 100

Accessories Apparel Consumer Location 100

Retail Wire

DECEMBER 20, 2022

Toys bought by adults (not to be confused with those “adult toys” that come in plain brown packages) are driving most of the growth in the toy industry, according to NPD Group data. Although the “kidult” cohort is considered to start at age 12, many of the consumers buying up action figures, board games and Legos are mature adults looking to rekindle simpler memories of childhood.

Accounting 100

Accounting Consumer ATS 100

Small Biz Trends

DECEMBER 20, 2022

Ransomware incidents are wreaking havoc on small businesses. The latest ransomware statistics prove this point. From ransomware-caused data breaches due to ransomware payments, we have collected all the essential ransomware attack statistics to help you prepare. Let’s dive in to understand the ransomware landscape. What Is a Ransomware Attack?

Payment Services 98

Payment Services Planning Location Management 98

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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

Retail Wire

DECEMBER 20, 2022

Signaling a possible sea change for retailers selling gasoline and auto products, the Oregon Department of Environmental Quality yesterday approved regulations that will phase out the sale of new gasoline-powered vehicles by 2035. Following the lead of similar legislation in California, Oregon will require that at least 35 percent of auto manufacturers’ sales in the state are electric in 2026, ramping up to 100 percent by 2035.

ATS 100

ATS 100

A1 Retail

DECEMBER 20, 2022

Turnover increased by 62.2% to £60m in first full year of trading unaffected by lockdown restrictions in three years . Gross margin rose to 34% from 32.8% in the previous year . Margins from growing profits re-invested back into the business. Pre-tax profit up from £2.8m in 2021 to £5.4m . Online sales growth supports further investment in omni-channel retail offering .

Planning 98

Planning Shopping ATS 98

Retail Wire

DECEMBER 20, 2022

Amazon took a major bite out of the Barnes & Noble big box store empire, forcing the chain to reduce its size from a high of 726 locations 14 years ago down to about 600 presently. But management is bullish on expansion and is planning on a net 30 additional stores in 2023. B&N’s new locations, however, may be quite a bit smaller, depending on the locale and demand.

Location 100

Location Planning Management 100

National Retail Solutions

DECEMBER 20, 2022

It is normal to be confused by the terms “point of sale” and “point of purchase.” While they may sound similar, they refer to different aspects of the transactional elements of every retail store. The “point of purchase” refers to the physical location where merchants sell their products, whether online[.]. The post Point of Sale vs. Point of Purchase: What’s the Difference?

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Point of Sale Location 97

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 Wire

DECEMBER 20, 2022

Nike has shaken up its retail partnerships in recent years, ending wholesale relationships with major sites and chains with the goal of gaining more control over its own fate through stronger direct-to-consumer relationships. One thrust of its strategy is the cultivation of new retail store concepts, like the “Jordan World of Flight” store opened in Milan last week.

Planning 100

Planning Wholesale Consumer ATS 100

Retail Dive

DECEMBER 20, 2022

The troubled retailer has six months to regain compliance with the New York Stock Exchange’s minimum share price requirement.

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VMS

DECEMBER 20, 2022

Christmas Tree Shops (CTS; Middleboro, Mass.) recently cut the ribbon on its new store in Sarasota, Fla., marking the retailer’s third store opening in the state this year. The 49,398-square-foot space is located in University Town Center and features “spacious aisles” and large displays for a comfortable shopping experience, CTS said in a release. Within the last four months, the retailer has opened two other stores within the Sunshine State, one in Estero and the other in Pembroke Pines.

Location 90

Location Shopping Outdoor 90

Retail Dive

DECEMBER 20, 2022

The live commerce industry has blossomed in China, but it has a long way to go in terms of U.S. adoption, according to Morning Consult data.

Shopping 104

Shopping 104

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VMS

DECEMBER 20, 2022

Online-only retail brands that flourished during the pandemic are now increasingly seeking to continue growth by opening brick-and-mortar outlets, GlobeSt.com reports. Representatives from several major commercial real estate firms told GlobeSt.com at ICSC 2022 in New York that the move by direct-to-consumer digital native brands to physical outlets is now one of the hottest growth sectors in retail.

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Shipping Fashion Planning Consumer 85

Retail Dive

DECEMBER 20, 2022

Sellers can use outside carriers for Prime deliveries and their data is shielded from the e-commerce giant, among other rules effective next June.

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VMS

DECEMBER 20, 2022

Barnes & Noble (New York) has been opening new bookstores at what it describes as “an unprecedented rate” – no small brag for a company that operated 1300-plus stores in the early 1990s. But after being battered by a variety of factors, most prominently the emergence of online bookselling behemoth Amazon, B&N closed roughly half its outlets.

Planning 80

Planning Management Marketing ATS 80

Retail Dive

DECEMBER 20, 2022

In social posts giving a heads-up to shoppers, the brands cited the costs of raw ingredients and supply chain logistics as reasons for the change.

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90

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

Theatro

DECEMBER 20, 2022

Link to the Article. The post 5 Ways QR Codes Can Improve Your In-Store Experience in 2023 appeared first on Theatro.

Employee Engagement 98

Employee Engagement Management 98

Retail Dive

DECEMBER 20, 2022

Following its northward expansion, the direct-to-consumer brand wants to widen its global footprint further.

Consumer 97

Consumer 97

365 Retail

DECEMBER 20, 2022

For any retailer hoping for a year of calm after the upheaval of the pandemic, 2023 isn’t it. Businesses are back on an emergency footing, if they ever left it, to deal with crippling operational issues and a grim economic outlook as they figure out how to best serve customers reeling from the current financial crisis. Nicolas Hammer, co-founder and CEO of customer interaction management specialists Critizr reveals that technology in the year ahead won’t be focused on retail’s future; instead,

Finance 63

Finance Shopping Planning Management 63

Retail Dive

DECEMBER 20, 2022

The carrier is building upon tests from last year that saw couriers increase package deliveries by 15% per hour.

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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.

Planning