July, 2022

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60% of small retailers could shutter for good in the next few months: report

Retail Dive

Inflation, rent hikes and lower consumer spending are among the challenges that some indie stores say are making things worse than during the pandemic.

Consumer 145
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Why Walmart is Doubling Down on Augmented Reality

Retail TouchPoints

Augmented reality tech is nothing new — in fact, it’s been around since 1968 (surprising, right?). And yet, it’s only in recent years that AR has begun to reach its full potential. Advancements in the tech itself and the growing ubiquity of smartphones have converged to create a whole host of new applications for AR outside the realm of gaming — and one of the biggest arenas is commerce.

Apparel 363
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Apple Brompton Road celebrates creativity with vibrant design and events featuring local artists

Retail Focus

Apple Brompton Road, Apple’s newest store in London, opens Thursday, July 28, in the city’s bustling Knightsbridge neighbourhood. A stone’s throw from Hyde Park, Apple Brompton Road features design inspiration drawn from local flora, along with a new slate of community events and seminars to help customers learn, create, and get the most out of their Apple products.

Finance 312
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Ikea Australia lets customers buy second-life products

Inside Retail

Ikea Australia has launched an online platform allowing customers to browse and reserve second-life Ikea furniture and homeware products. A new ‘ As-Is Online ’ section on the Ikea website lets customers access discontinued items, used showroom display items as well as pre-loved goods returned through the business’ Buy Back service. Once reserved online, customers can make the purchase by visiting their selected store’s As-Is area, located near the checkout area.

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A Blueprint for B2B Commerce

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.

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Quick Start: Prep Your Dev Environment for Kubernetes

Cisco Retail

Getting started on a new platform, especially containers and Kubernetes, can appear overwhelming. But with the right setup and tools, you’re much more likely to get ramped up quickly. Let’s take a look at a good lineup of tools to install on your developer environment to get started with Kubernetes. All of the tools used listed here are tested and run Windows 10 Pro, MacOS Monterey, and Ubuntu 20.04.

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Black Creatives Have a Few Weeks Left to Apply for a #BlackVisionaries Grant

Small Biz Trends

Meta, parent company of Instagram and Facebook, is partnering with the Brooklyn Museum for a 2022 small business grant program to support Black creatives. The 2022 #BlackVisionaries Grant Program. The 2022 #BlackVisionaries program will provide $650,000 in grants to Black artists, Black designers, and Black small businesses. Ten creators will receive grants during this round.

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Brother Mobile Solutions Launches Flexible Labeling Solution

Retail TouchPoints

Brother Mobile Solutions has introduced the RuggedJet 3200 Series, a labeling solution designed to help retailers implement agile pricing strategies while staying on top of inventory in a tight labor market. The solution was created to offer drop-in emulation with leading retail software and operating systems for simple systems integration. Additionally, Brother Mobile Solutions offers lifetime support for the RuggedJet 3200 to help retailers get maximum uptime from the machines.

Marketing 334
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IKKS Paris celebrates second store opening on Kings Road

Retail Focus

Today, French fashion and lifestyle brand IKKS Paris opens its second store at 109 Kings Road which carries the menswear, womenswear and junior lines. This follows the opening of their first store in Carnaby earlier this year. IKKS Paris aims to embolden urban free spirits around the world to rock their lives through creative, responsible, 365-day Parisian easy chic fashion.

Fashion 297
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Mission-Driven: Takeaways From Our Corporate Responsibility Report

Nvidia

NVIDIA’s latest corporate responsibility report shares our efforts in empowering employees and putting to work our technologies for the benefit of humanity. Amid ongoing global economic concerns and pandemic challenges, this year’s report highlights our ability to attract and retain talent that come here to do their life’s work while tackling some of the world’s greatest technology and societal challenges.

Returns 125
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More than a VPN: Announcing Cisco Secure Client (formerly AnyConnect)

Cisco Retail

We’re excited to announce Cisco Secure Client, formerly AnyConnect, as the new version of one of the most widely deployed security agents. As the unified security agent for Cisco Secure , it addresses common operational use cases applicable to Cisco Secure endpoint agents. Those who install Secure Client’s next-generation software will benefit from a shared user interface for tighter and simplified management of Cisco agents for endpoint security.

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How Harry Rosen Turns Targeted Personalization Data into Retail Loyalty

Speaker: Shaunna Bruton and Kailey Holmes

Unlock the potential of customer data to create personalized retail experiences that resonate with your audience. This webinar will explore the critical role of customer data in modern retail, providing you with strategies to collect, analyze, and apply data to enhance personalization. Learn from leading retailers, like Harry Rosen, and experts on how to turn data into actionable insights that drive customer satisfaction and loyalty.

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In the News: New Small Business Grants Up to $50K Available Now Nationwide

Small Biz Trends

As a small business owner funding is an ever-present challenge. With that in mind, public, private, and nonprofit organizations are always looking to provide help by addressing issues small businesses face. From grants to revolving loans, and tax credits, there are many options small business owners can take advantage of. The key is finding the best solution that will fit your particular sets of challenges and applying accordingly to have a better chance of getting these funds.

Consumer 143
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How retailers are approaching cryptocurrency payments

Retail Dive

Rivals Pacsun and American Eagle Outfitters have similar target audiences but are approaching the rising popularity of digital currency differently.

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B Corp TOMS Honored in Community Category as ‘Best For The World’

Retail TouchPoints

The B Lab network at B Corp has named TOMS as a Best For The World: Community award winner, with the footwear and lifestyle company ranking among the highest verified scores in the sustainability nonprofit’s B Impact Assessment. These awards highlight the work of global Certified B Corporations with verified B Impact Scores that rank in the top 5% within the categories of community, customers, environment, governance and workers for their B Impact Assessment.

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Alexander McQueen opens newest boutique in Amsterdam’s golden mile

Retail Focus

P.C.Hooftstraat, Amsterdam‘s golden mile of luxury shopping, sees a welcome new addition with the opening of Alexander McQueen‘s newest boutique. The store occupies two floors of a traditional residential Dutch red brick building and features an interior design concepted by the brand’s creative director in collaboration with Chilean architect Smiljan Radi?.

Boutique 290
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Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

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1/3 Of US Retailers Are 8 weeks Away From Going Bust Due To Supply Chain Issues

Retail Minded

* 80% of retailers have been hit with supply problems in the last year; *52% of shops and ecommerce brands have experienced stockouts, resulting in a loss of sales; *Supply crisis has added 23% to retailers’ costs over the last year and 51% have put up prices as a result; * Results are from a new survey of 500 retailers by Brightpearl , which provides retail operating solutions for some of the world’s biggest retail brands.

Wholesale 124
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Securing Cloud is Everyone’s Responsibility

Cisco Retail

Cisco and AWS demonstrate shared responsibility that identifies Security “of” the Cloud versus Security “in” the Cloud. Shared responsibility remains central to every cloud initiative and defines how cloud providers and customers work together to achieve maximum security across all aspects of the cloud. While shared responsibility is a common term, surprisingly few people understand the model and fewer still have implemented it correctly.

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Starting a Business? 12 Key Tips for Successful Brand Building

Small Biz Trends

Small businesses starting from scratch have a long road ahead of them when it comes to building a brand. Defining a mission, finding your voice and building trust all take time to develop, but luckily there are a few key steps new entrepreneurs can take to get there a little faster. To help get you started, a panel of Young Entrepreneur Council (YEC) members responded to the following question: “For small businesses starting from scratch, what would you say is the key to successful brand b

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Amazon leans on non-retail business as e-commerce sales fall for the second straight quarter

Retail Dive

Revenue from advertising and fees rose, as inflation pushed up grocery store sales. But net loss reached an “eyewatering” $2 billion.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, 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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3 Ways SMBs Can Deliver a More Personalized Shipping Experience

Retail TouchPoints

With supply chain disruptions still making headlines, small and mid-sized businesses (SMBs) looking to remain competitive may contend with inventory challenges and rising rates of theft and damage in the last mile. In this new landscape, the shipping experience has become more important to a brand’s bottom line — and reputation — than ever before. A new research report conducted by UPS Capital, Personalized Shipping Experiences: The Next Frontier for eCommerce , shows that personalized shipping

Shipping 324
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The Very Group appoints Lionel Desclée as group CEO

365 Retail

The Very Group, operator of multicategory digital retailers Very and Littlewoods, has appointed former president and CEO of Walmart Japan Lionel Desclée as group CEO. He will join on 19 September 2022. Current group CEO Henry Birch will step down on 24 September 2022 after four and a half years in the role. Lionel will join The Very Group from McKinsey & Company, where he is a senior advisor.

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Accelerate and optimize your Trade Promotion Management with MuleSoft

Mulesoft

How effective is your trade promotion strategy and execution? Is your promotional spend – the second largest expense at your company – giving you the expected returns? Is your trade promotion management (TPM) solution powered with all the required data to provide the highest value with the right insights? What is Trade Promotion Management (TPM)? […].

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Do more with the Meraki Dashboard with Cloud Management for Catalyst

Cisco Retail

In the nearly ten years since Cisco’s acquisition of Meraki, one thing has been very clear: IT admins want to be able to leverage the Meraki Dashboard and their other Cisco technologies together more fluidly, especially when it comes to their network infrastructure. Last month at Cisco Live in Las Vegas, we announced that Cisco has taken a massive step forward on this front by bringing Catalyst 9000 switching and wireless platforms into the Meraki Dashboard for the first time.

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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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These are the Best Freelance Gigs in 2022

Small Biz Trends

In November 2021, a record 4.5 million American workers quit their jobs, part of a trend that has become known as the Great Resignation. Many workers leaving employment are turning to freelancing. Some choose self-employed gig work to supplement incomes, others because it allows them to work flexibly and pursue their passions with better pay. Employers should be mindful of the growing demand for flexible, freelance work.

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Amazon cancels, delays wave of warehouse plans as e-commerce demand cools

Retail Dive

Shifts in plans have affected at least 13 facilities, including locations in Texas, Florida, Louisiana, Tennessee and California, according to local news reports.

Planning 127
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Ulta Beauty Expands Retail Presence With Experiential Allure Store Pop-Up

Retail TouchPoints

Going beyond its existing Target partnership , Ulta Beauty is collaborating with Condé Nast beauty media brand Allure on an interactive pop-up space at the Allure Store in New York City, through Sept. 30. Store visitors will have access to the store’s AR virtual try-on tech, QR codes connecting them to product content and smart mirrors as they shop a carefully chosen selection of items from Ulta’s roster of brands.

Shopping 323
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How’s That? Startup Ups Game for Cricket, Football and More With Vision AI

Nvidia

Sports produce a slew of data. In a game of cricket, for example, each play generates millions of video-frame data points for a sports analyst to scrutinize, according to Masoumeh Izadi, managing director of deep-tech startup TVConal. The Singapore-based company uses NVIDIA AI and computer vision to power its sports video analytics platform, which enables users — including sports teams, leagues and TV broadcasters — to gain performance insights from these massive amounts of data in real time.

Marketing 119
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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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Cleanliness is the final piece in the CX puzzle

365 Retail

With 92% of consumers claiming a clean, organised store environment will increase their probability of making a purchase, Katie Westerman, Chief Marketing & Development Officer at SBFM , explores the growing importance of hygiene and sanitation in delivering the ultimate customer experience (CX). From digital native disruptors entering the traditional realms of brick-and-mortar stores, to growing Gen Z and millennial spending power, and tech-driven scale ups, 2022 has unleashed a new world o

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Edge Native Applications are Conquering the Edge

Cisco Retail

Join Flo on August 18 for Conquering the Edge , the first of three in a webinar series leading up to our Develop with Cisco event in October. When you are reading about “the Edge,” do you always know what is meant by that term? The edge is a very abstract term. For example, to a service provider, the edge could mean computing devices close to a cell tower.

Location 145
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Getting Started with TikTok Influencer Marketing

Small Biz Trends

In recent years TikTok has taken social media by storm. Today TikTok is available in over 150 countries, has over 1 billion users, and has been downloaded over 200 million times in the United States alone. Similar to YouTube, TikTok’s social media platform’s most appealing draw is its capability to share videos. TikTok is all about user-generated content, and besides sharing videos TikTok’s social media platform has evolved into a marketing channel for brands where they use the

Marketing 141
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As consumers return to stores, why would Amazon shut the door?

Retail Dive

The e-retailer is expanding its grocery fleet and experimenting with apparel stores. But it has abandoned brick and mortar for book sales and other merchandise.

Returns 125
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Optimizing Frontend Delivery in Composable Commerce: The Buy vs Build Decision