Wed.Oct 20, 2021

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ZARA launches at One New Change

Retail Focus

Landsec has today announced the official opening of international fashion retailer, ZARA, at One New Change, the premier retail and leisure destination in the City of London. Located on Cheapside, the new 23,000 sq ft store features the latest Woman and Man collections over two floors, and follows recent ZARA openings across the Landsec portfolio at Bluewater and St David’s, Cardiff.

ATS 278
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Belk and Alibaba Take Different Paths Toward Expanding Inclusivity

Retail TouchPoints

Inclusivity is fast becoming an important imperative for retailers , but determining how best to achieve it can present big challenges. Two recent examples of retailers building inclusivity in their own ways include Belk ’s new Wonderly clothing line, which features a full assortment in sizes four to 26; and Alibaba ’s latest 11.11 shopping festival, which will utilize a recently introduced “senior mode” in the Taobao app to help less tech-savvy shoppers participate.

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The benefits of financing your business growth

Inside Retail

You have to spend money to make money. It’s a phrase most people know well, especially when you own or run a business. Of course, a business shouldn’t use capital irresponsibly and spend without consideration, but establishing and growing a business does require money for inventory, marketing and advertising, staff costs, setting up internal systems and investing in growth.

Finance 246
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Making the Most of Store Visits Post-Pandemic

Retail TouchPoints

It would be easy to assume the retail industry coming out of 2020 was in dire straits. But in truth, the news wasn’ t all bad. It’s true that many businesses — especially those considered non-essential — saw dramatic reductions in foot traffic. On the other hand, some businesses, such as home improvement stores, actually saw sales increase throughout the pandemic and began course-correcting their retail footprints to account for more online traffic.

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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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Kogan’s first quarter signals recovery from difficult FY21

Inside Retail

Online marketplace Kogan has recovered somewhat from disasterous inventory and logistics costs of last year, with gross profit growing 31.6 per cent during the first quarter of FY22 compared to the prior quarter, though remained 1.7 per cent down on the same time last year. Gross sales grew 21 per cent year on year to $330.5 million, driven by Kogan First memberships – which hit 197,000 members in the quarter – as well as strong growth in Kogan Marketplace and Mighty Ape.

Shopping 244
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Report: Mytheresa Virtually Transports Shoppers to the Alps to Explore Moncler Collection

Retail TouchPoints

M oncler has teamed with Mytheresa for a 360-degree virtual pop-up shopping experience to introduce the Italian clothing brand’s collections for the new season, according to WWD. At the Moncler X Mytheresa online pop-up store, shoppers travel (virtually) to Austria’s picturesque Timmelsjoch Experience Pass Museum in the Alps. Items from Moncler’s new winter collections are hanging in the museum, a futuristic metal structure set amongst the rugged, otherworldly backdrop of the top of the Alps.

Shopping 147

More Trending

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Rising prices may affect what consumers buy at grocery stores

Retail Wire

Consumer buying habits may begin to change in the face rising prices, with shoppers possibly trading down to private label and value-tier products. At-home food prices rose 4.5 percent in September, according to government statistics.

Consumer 130
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Why it’s time to bring back the social side of shopping

Inside Retail

There’s a small local supermarket in Queensland that is less than 150 sqm but punches above its weight in community engagement. The store’s owner is known by name to most customers and – in an unusual step – has devoted that all-important first 10 sqm at the entrance not to a stack of bargain merchandise, but to a simple wooden table where four to six early customers gather for morning coffee and whatever is on that day’s breakfast menu.

Shopping 130
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Adobe forecasts record holiday online spending despite out-of-stocks

Retail Wire

U.S. online sales are expected to grow 10 percent in November and December, on top of last year’s 33 percent increase, according to the Adobe Analytics. The company’s forecast is based on the projection that consumers will continue to follow shopping habits adopted since the pandemic began and in spite of limited inventory on many popular products due to demand that has overwhelmed parts of the supply chain.

Consumer 130
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Are you ready? Revenge spending is on its way

Inside Retail

Shoppers under lockdown conditions in Australia’s two largest cities developed some serious pent up purchasing intent, with research from creative agency Spinach finding people chomping at the bit to spend on clothing, health & wellbeing as well as skincare, furnishing and appliances. Many, including Kathmandu chief exec Michael Daly, are predicting a wave of “revenge spending” in the sense that consumers are poised to get ‘revenge’ for being cooped up indoors by spend, spend, spending

Finance 130
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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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Retailers add to supply chain woes by over-ordering products

Retail Wire

Retailers looking to hedge their inventory bets in light of supply chain disruptions are over-ordering products and inadvertently adding to the current problems. “Because the problems are well known, orders for raw materials, component parts, and finished goods are now being placed earlier than normal, which is lengthening the queue, creating a vicious cycle,” RBC Wealth Management wrote in an Oct. 15 note.

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Collins Foods points to small-box formats for KFC

Inside Retail

ASX-listed fast food operator Collins Foods will soon have control of over half the KFC network (55 per cent) in the Netherlands after striking a deal last week with the second largest franchisee in the region to secure an additional nine KFC restaurants. The €10.25 million share purchase agreement brings Collins Foods KFC store footprint in the Netherlands to 44, an increase of 25 per cent.

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Invitation to 2022 Global Networking Trends webinar: The Rise of Network as a Service (NaaS)

Cisco Retail

Calling all curious IT pros . Do you value staying informed about the latest trends in networking? Curious what technologies are just over the horizon that might affect the ways you are managing your network or your customers’ networks? Looking for a great opportunity to step outside your daily grind? . If that sounds like you, please join us for a brief webinar.

Planning 144
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Old School Ideas Can Have Big Impact?

Hyken

Many years ago, my daughter and I were in our basement, and she found an old typewriter. She looked at it with amazement and asked, “Dad, what’s this?” I explained it was what we used before computers and keyboards were invented. We would type letters and thank-you notes on a piece of paper, without spell-check. She asked if she could play with it. It kept her busy for days.

Fashion 125
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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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Modernizing Security Operations with XDR

Cisco Retail

This guest blog was written by Aaron Sherrill , Senior Research Analyst at 451 Research , part of S&P Global Market Intelligence. . Set the Stage: A World Without XDR. Security operations teams at most organizations are overwhelmed by the sheer number of security products they’re required to manage. Over the course of many years , security teams have stitched together a robust security stack with dozens, if not hundreds, of disparate, siloed security tools , each aimed at protecting specifi

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Highsnobiety investigates possible sale

Retail Wire

Highsnobiety is among a new generation of companies that combine digital content with commerce. In the case of Highsnobiety, that means the latest sneaker drops and other products. The company has hired an investment bank to assess potential interest for a sale.

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Cisco Innovation Powers Hybrid Work

Cisco Retail

As we age, it’s recommended by doctors that we invest in ourselves with a balanced diet, adequate sleep, and regular exercise to maintain optimal health. Similarly, as enterprises and service providers’ businesses grow, they must continually invest in their infrastructures to maintain optimal connectivity for employees and customers. In the best of times, this was a challenge.

ATS 140
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Amazon, IKEA and Patagonia commit to zero-emission shipping goal

Retail Wire

Amazon.com, IKEA and Patagonia were among a group of large companies that have pledged to use zero-carbon fuel in ocean shippers by 2040. “By setting this target and signaling our dedication to decarbonize this part of our supply chains, we hope to inspire a surge in investment by ocean freight carriers and producers of zero-carbon shipping fuels,” the companies said in a joint announcement.

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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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Secure and Simplify Your Programmable Edge and Industrial Sensors

Cisco Retail

The Cisco IoT Operations Dashboard provides operations teams with a centralized, cloud-based dashboard to securely deploy, monitor, and troubleshoot device connectivity. Using this secure connectivity as a foundation, that same dashboard then enables you to extract, transform, govern and deliver data from IoT edge devices to the cloud with Cisco Edge Intelligence , install and manage your containerized edge applications and to deploy a broad range of industrial IoT sensors with Cisco Industrial

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Rent the Runway looking to raise $315M with IPO

Retail Wire

Rent the Runway plans to sell 15 million shares priced between $18 and $21 in its initial public offering, according to a filing with the U.S. Securities and Exchange Commission. The company will be valued at upwards of $1.3 billion once the IPO is complete.

Planning 100
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Everything Shortage

LS Retail

©iStock/dorian2013 Disruptions in global supply chains have generated the phrase "everything shortage." But US imports are at record levels at some ports, and Americans are breaking shopping records, too. Supply-chain professionals plan to alleviate the backlog container by container. What's up? Yet claims that the country is running short on everything miss a key point.

Shopping 119
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Target is expanding Apple in-store shops ahead of the holidays

Retail Wire

Target will raise the number of its in-store Apple shops from 17 to 36 ahead of the holidays. “The strength of our assortment of national and owned brands, the expertise of our team members and the incredible value we offer make Target an unmatched destination for electronics and accessories,” said Nikhil Nayar, Target’s senior vice president for hardlines.

Shopping 100
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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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Baker Street’s festive range capitalises on Stollen trend

Talking Retail

Long-life bakery brand Baker Street has launched a 500g Stollen Loaf into Booker wholesalers, following research which found that 50% of consumers buy Stollen over Christmas. The loaf joins an existing Marzipan Stollen Loaf (200g; £2) and Marzipan Stollen Bites, both of which are also available to Nisa retailers. Chris McLaughlin, commercial director at St.

Wholesale 113
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Soho Street Cocktails gains exclusive distribution listing with Vindependents

Retail Times

Up and coming ready-to-drink premium cocktail brand, Soho Street Cocktails, has signed an exclusive distribution deal with Vindependents.

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AI-ncient Pottery: Northern Arizona University Researchers Use Machine Learning to Study Distant Cultures

Nvidia

The more advanced modern technologies become, the more they can help us understand the past. Chris Downum and Leszek Pawlowicz, researchers in the Department of Anthropology at Northern Arizona University, are using GPU-based deep learning algorithms to categorize sherds — tiny fragments of ancient pottery. The AI Podcast · Researchers Chris Downum and Leszek Pawlowicz Use Deep Learning to Accelerate Archaeology – Ep. 154.

Fashion 112
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Pinterest adds AR try-on, shopping recommendations to Idea Pins

Retail Dive

Tech companies, brands and retailers have been flocking to augmented reality to improve the online shopping experience for remote consumers.

Shopping 125
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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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We’re back with The Gateway Triangle podcast: Featuring Michael Rhoades

Cisco Retail

The Gateway Triangle is a podcast series featured on The Global Gateway , Cisco’s customer advocacy community with thousands of advocates worldwide! I host the podcast along with my colleague, Rashik Rahman. The podcast features team members from Cisco’s Global Advocacy organization, as well as our valued customer advocates who make The Gateway possible.

ATS 98
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Tailored Brands hires Neiman Marcus vet for CFO spot

Retail Dive

Brandy Richardson, former financial chief for the luxury department store, joins another company trying to move on from a bankruptcy last year.

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Jason & Scot Show Episode 278 – Adobe Holiday E-Commerce Forecast with Taylor Schreiner

Retail Geek

A weekly podcast with the latest e-commerce news and events. Episode 278 is the worldwide release of Adobe’s Holiday Shopping Forecast for 2021. Subscribe: Apple Podcasts Google Podcasts Spotify Stitcher Podcast RSS SoundCloud TuneIn iHeartRadio Google Play Music Overcast Pocket Casts Facebook. ? ? ? ? ? In Episode 277 we covered some of the early overall holiday sales forecasts, and the issues likely to impact this holiday season.

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Express CFO exits

Retail Dive

COO Matthew Moellering, who once served as the retailer's interim CEO, will become the acting chief financial officer following Perry Pericleous' departure.

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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.