April, 2022

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How restructuring your business can help it to recover

Retail Focus

Helping your business to overcome a rocky patch may seem like a daunting prospect, but it is possible, and there are a lot of ways to start turning things around. Increasing profitability, boosting tax efficiency, and improving your employees’ experiences with the company are all tried and tested alternatives to burying your head in the sand, and wondering how (and when) things are going to get better. .

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Trivago fined $44.7 million for misleading travellers

Inside Retail

Online travel booking company Trivago has been ordered to pay $44.7 million in penalties by the Australian Federal Court for misleading consumers over hotel prices. The court found that in January 2020, the company deceived consumers through misleading misrepresentations of hotel room rates on its website and in television advertisements. . Trivago had used an algorithm to determine which travel booking site paid the highest cost-per-click fee and highlighted them on its website.

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Beyond the Transaction: How PayPal is Helping Remove Friction Across the Commerce Experience

Retail TouchPoints

PayPal has come a long way from the days when it was known primarily as the way to pay on eBay. Since spinning off from eBay and going public for a second time in 2015, PayPal has expanded its reach well beyond that one digital marketplace to more than 30 million merchants worldwide. “Mobile technology is transforming payments, making it easier, safer and more affordable for people to move and manage their money than ever before,” said Dan Schulman, President and CEO of PayPal at the time of the

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Tooth Tech: AI Takes Bite Out of Dental Slide Misses by Assisting Doctors

Nvidia

Your next trip to the dentist might offer a taste of AI. Pearl , a West Hollywood startup, provides AI for dental images to assist in diagnosis. It landed FDA clearance last month, the first to get such a go-ahead for dentistry AI. The approval paves the way for its use in clinics across the United States. “It’s really a first of its kind for dentistry,” said Ophir Tanz, co-founder and CEO of Pearl.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

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.

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Improvise, Adapt, Overcome: Building Security Resilience in a World of Uncertainty

Cisco Retail

For my very first interview for the Security Stories podcast , I met a wonderful person called Mick Jenkins, MBE. Mick is sadly no longer with us, but his story will stay with me forever. One of Mick’s philosophies was centred around the importance of cyber resilience. “Improvise, adapt, overcome” are the words he used. This philosophy helped him when he got lost in the wilderness at age 14.

ATS 139
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Bala's SoHo store by Ringo Studio features oversized fitness equipment

Dezeen

Brooklyn-based Ringo Studio has created a pastel "playground" as the first retail space for fitness brand Bala in New York City , which includes scaled-up versions of its products. Founded by Natalie Holloway and Max Kislevitz, who appeared on reality TV show Shark Tank, Bala sells weights, bands and other fitness equipment in a range of candy colours.

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Sensory maps improve accessibility at Stockland town centres

Inside Retail

Australian property development company Stockland has created a first-of-a-kind sensory map of its shopping centres to assist customers with autism, and their families. The sensory maps created in partnership with Autism Spectrum Australia (Aspect) will give people on the spectrum an opportunity to better navigate new environments. Aspect’s Autism Friendly team carried out assessments at Stockland’s retail town centres at Green Hills, Merrylands, Point Cook, Shellharbour, Wetherill Park and Wend

ATS 327
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The Future of Shopping: What to Expect in 2032

Retail TouchPoints

Over the last two years, the retail industry evolved faster than we could’ve imagined. Ecommerce, along with other digital channels, took center stage as new shopping habits formed and expectations drastically shifted. While we won’t be traveling in flying cars to our favorite stores anytime soon, we’re still on the fast track to a transformed shopping experience.

Shopping 358
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NVIDIA Orin Leaps Ahead in Edge AI, Boosting Leadership in MLPerf Tests

Nvidia

In its debut in the industry MLPerf benchmarks, NVIDIA Orin, a low-power system-on-chip based on the NVIDIA Ampere architecture , set new records in AI inference, raising the bar in per-accelerator performance at the edge. Overall, NVIDIA with its partners continued to show the highest performance and broadest ecosystem for running all machine-learning workloads and scenarios in this fifth round of the industry metric for production AI.

Returns 141
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Security resilience from the classroom to the cloud

Cisco Retail

A conversation with Shawnee Heights School District . You have likely heard us talking more about security resilience in recent weeks. Resilience has always been a key part of cybersecurity, but the last few years have really highlighted its importance. . At Cisco, we define security resilience as: The ability to protect the integrity of every aspect of your business to withstand unpredictable threats or changes, and then emerge stronger.

ATS 139
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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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Check Out These Amazon FBA Courses

Small Biz Trends

Recent trends have shown and proved that owning a business doesn’t require offices or warehousing these days, it simply needs a computer. Such businesses, which may be operated out of your own house use Amazon’s storage, packing, and shipping resources to conduct their sales. The service provided by Amazon is called “Fulfillment by Amazon” ( FBA ), and there are several online courses for Amazon FBA.

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How the pandemic was a catalyst for ‘New Retail’ design

Retail Focus

A creative shift in retail design isn’t a new, post-Covid development. Serious changes were happening before the pandemic, which kicked the creativity and the need to stay relevant, up a gear. Long before Covid, retailers were lacking a certain originality having become too transactional, but in the years leading up to 2020, imaginative changes were already being made to re-engage consumers.

Consumer 279
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Kogan to enter insurance market with QBE

Inside Retail

Australian e-commerce retailer Kogan has branched into insurance through a new long-term agreement with OBE Insurance. Kogan has a number of subsidiary business divisions under its brand and this new addition will have QBE provide customers with home, motor and CTP insurance under the Kogan label. The insurance products will be underwritten by QBE and Kogan will earn a commission on sales of its policies.

Marketing 325
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Why Two Cannabis Retailers are High on In-Store Tech and Innovative Design

Retail TouchPoints

The legal cannabis market was valued at $12.81 billion worldwide in 2020, and thanks to a 27.25% compound annual growth rate, the budding industry (no pun intended) is expected to reach $54.41 billion globally by 2026. To capitalize on this expected growth, cannabis retailers are focused on building trust and, most of all, standing out. For approximately two decades, Cookies and Dr.

Marketing 354
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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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Guest Post: Find Ways for Artificial Intelligence to Benefit Customers

Hyken

This week, we feature an article by David Meerman Scott adapted from the new 8th edition of The New Rules of Marketing and PR to be released on May 3, 2022. He shares how organizations can use data and AI-powered tools to benefit customers. As I write this, I’m using web-based artificial intelligence (AI) transcription software called Otter to help me turn recorded audio interviews into a text transcription.

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5G: Enabling Change For Manufacturers

Cisco Retail

In today’s world of manufacturing, there is a new convergence happening. A greater number of available technologies are meeting the dynamics of changing workforces, fragile supply chains, and the ever-present market demand for better and cheaper products and services. However, manufacturers still face a unique challenge: how to maximize investments in various technologies to achieve the most impactful ROI or as we like to refer to them, “enablers of change”.

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12 Apps for Renting a Car

Small Biz Trends

Renting a car used to be a huge headache, especially for small business owners and entrepreneurs with busy schedules and a need to reduce costs. However, that was before the advent of car rental apps. Now, this convenient mobile software makes it quick, easy, and affordable to rent a car from anywhere, whether it’s for a personal road trip or an extended business trip.

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Out-of-stocks led to $175M in lost sales at Bed Bath & Beyond

Retail Dive

Executives were "disappointed" in the retailer's fourth quarter results, blaming falling sales on industrywide supply chain challenges.

ATS 145
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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Singapore sneaker reseller Ox Street to launch in Australia, NZ

Inside Retail

Singapore-based online sneaker resale marketplace Ox Street is launching a trans-Tasman expansion, opening an e-commerce store in Australia. “Australia is a perfect fit for the community we want to build in the long-term,” said Gijs Verheijke, founder and CEO at Ox Street. “We see a big supply gap when it comes to Australian buyers having access to the most coveted sneakers, whether they’re hot new drops or all-time classics.”.

Fashion 294
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UNIQLO Parent Plans 300-Store Global Expansion with Focus on North America

Retail TouchPoints

Fast Retailing , parent company of brands including UNIQLO and Theory , revealed major global expansion plans — including opening at least 300 new stores — in its FY2023, which ends in July 2023. As reported in WWD , Daisuke Tsukagoshi, CEO of UNIQLO USA, said that due to the booming North America market, the company plans to open 30 new stores per year and increase its total doors to 200 in the region within five years.

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Make the most of TrailblazerDX (TDX) 2022

Mulesoft

It’s time for everyone’s favorite hybrid event, TrailblazerDX (TDX) 2022! We can’t wait to see you all in-person and virtually April 27–28, 2022. To help you make the most of your virtual or in-person TDX22 experience, we’ve put together a guide highlighting some awesome ways you can engage with MuleSoft and the MuleSoft Community. In-person […].

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Enabling Security Resilience in the Face of Unpredictable Change

Cisco Retail

Security has never been more top of mind. Perhaps it’s exacerbated by what’s going on in Ukraine and the challenges it presents to the world, including the real fears over cyberwarfare. Of course, threats becoming advanced, the move to the cloud, and hybrid work remain among our customers’ biggest challenges. Who knew that when we all left the office more than two years ago, we would be gone to for so long—let alone hybrid work and its permanence becoming part of our work-life reality?

Returns 135
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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.

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SBA Adds 2 Courses to Ascent Digital Learning Platform for Small Business

Small Biz Trends

The Small Business Administration (SBA) has announced the launch of two new educational courses to the Ascent digital learning platform. Ascent is a free learning platform for women entrepreneurs. It provides women-owned small businesses with the resources to drive growth through business partnerships and access to important business information. SBA Adds 2 Courses to Ascent Digital Learning Platform for Small Business.

Planning 134
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Try This Out: GFN Thursday Delivers Instant-Play Game Demos on GeForce NOW

Nvidia

GeForce NOW is about bringing new experiences to gamers. This GFN Thursday introduces game demos to GeForce NOW. Members can now try out some of the hit games streaming on the service before purchasing the full PC version — including some finalists from the 2021 Epic MegaJam. Plus, look for six games ready to stream from the GeForce NOW library starting today.

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Harvey Nichols Hong Kong launches world-first NFT retail space

Inside Retail

Harvey Nichols has introduced the world’s first blue-chip non-fungible tokens (NFT) retail concept space located inside a luxury department store dubbed ‘HN NFT Vault’ at the retailer’s Pacific Place store in Hong Kong. NFT collectors can access a selection of NFTs, a majority of which are exclusively available at Harvey Nichols Pacific Place, including CryptoPunks, Bored Ape Yacht Club, CloneX x Takashi Murakami, Azuki and Doodles.

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Supply Chain Challenges Have Introduced a New Concept into Ecommerce — Inventory Pacing

Retail TouchPoints

Supply chain management is the heart of retail management and has the ability to inform the overall health of a business. As a result, businesses looking to gain a competitive advantage in the global marketplace are investing more heavily in supply chain management. Investment in the proper technologies needed to build a strong supply chain not only enables prompt replenishment of products in inventory, but also optimizes planning capabilities in rapidly evolving business ecosystems while minimi

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Disruption Reimagined: How to Conquer, Not Crumble, During Supply Chain Instability

Speaker: Robyn O’Brien - Founder of Sirona Ventures, Adjunct Professor at Rice University’s Business School, Supply Chain Optimization and Logistics Expert

Today’s supply chain leaders are required to stay strong in the face of disruption and not only accept it, but embrace it – after all, progress is made outside of your comfort zone. While it’s easier said than done, conquering the fear of instability in your supply chain is within your reach. Thanks to the advancement of technology and AI, we now have more tools and resources at our disposal than ever before to conquer, not crumble, in the face of uncertainty.

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Snapchat: 92% of Gen Z want to use AR for shopping

Retail Dive

In a study, the social network also found the demographic was more likely than other generations to buy a product they had experienced in AR.

Shopping 141
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The More You Know: Job Searching & Interviewing

Cisco Retail

In the midst of global change and virtual hiring, the landscape of job searching has changed. We sat down (via WebEx) with recruiting leaders, accessibility experts and career changers at Cisco Secure and Duo Security to find out the top 10 ways to make the virtual job search, application and interview process as easeful as possible. Stay tuned for future topics in this series including advice for career changers and environmental aspects to consider for long-term fulfillment at work. 1.

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Concrete Shortage Affecting Construction Business

Small Biz Trends

At a time when demand for construction is high, a shortage in concrete is having a detrimental impact on the industry. According to a report by Fox Business , with cement supplies drying up, construction companies are facing difficult and expensive planning involving the vital building material. Concrete Shortage Affecting Construction Business. Shortages in supplies of cement is coupled with labor scarcities, which are taking their toll on the industry, at a time when there is high demand for c

Planning 132
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Let Me Shoyu How It’s Done: Creating the NVIDIA Omniverse Ramen Shop

Nvidia

When brainstorming a scene to best showcase the groundbreaking capabilities of the Omniverse platform, some NVIDIA artists turned to a cherished memory: enjoying ramen together in a mom-and-pop shop down a side street in Tokyo. Simmering pots of noodles, steaming dumplings, buzzing kitchen appliances, warm ambient lighting and glistening black ledger stools.

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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.