June, 2020

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The Future of Retail, Reimagined

Retail TouchPoints

Even before COVID-19, the retail industry was already going through significant challenges, disruption and transformation. That has all been turned on its head. Get ready for the “new abnormal.”. Going forward there will be a fundamental shift in consumers’ reengagement and behavior towards physical environments, including the size and program of space.

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The COVID Effect: Grocery Ecommerce is Here to Stay

IntelligenceNode

Social distancing hasn’t only forced online grocery on retailers’ hands; it has also pushed individuals out of their comfort zones to adopt new buying behaviors. More and more people are now discovering their favorite brand apps and websites for the very first time. And if these remote services are adequately fulfilling user needs, that “discovery” […].

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Studio Paolo Ferrari creates boutique-like salesroom for Ottawa development

Dezeen

Toronto-based Studio Paolo Ferrari has designed a showroom for a new development in Ottawa that appears more like a home than a sales gallery. The salesroom is for a development in the Canadian capital called Zibi that will span 34 acres (14 hectares) with residential and commercial complexes near the Ottawa River. Called Zibi House, the showroom was designed by Studio Paolo Ferrari around a courtyard with glass walls to provide natural light inside.

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Businesses Supporting Businesses, Made in the USA Products

Nahanco

As we celebrate the 4 th of July this year, it is important to reflect on what has happened to businesses across the US these past few months. In particular, clothing stores were struggling even before a pandemic came through and shut their doors. Everyone in manufacturing tried to figure out how to endure, what could they make to keep their employees working and how to survive.

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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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Meet Your Customers Curbside

One Step Retail

The world is a much different place than it was when the year started. Coming into 2020, one of the biggest shifts we were seeing was the need for BOPIS, or Buy Online Pickup in Store, as it grew in popularity with shoppers. Now, we are witnessing a historic rise in the demand for Buy Online Pickup At Curbside. Which is exactly what it sounds like. A solution that enables retailers of all sizes to better utilize their order management systems while providing customers with a safer way to retriev

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How to Knock Assortment Planning Out of the Park

Wiser

Assortment planning in the age of eCommerce is a tricky business. Determining the ideal product mix and inventory width and depth, setting competitive prices, providing personalized experiences, and dealing with rapid lead times is just scratching the surface of what retailers need to do. That’s why getting your assortment strategy right can be the difference between a successful retail season and one where you end up marking down a large portion of last season’s inventory.

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Your Store has Reopened, Now What?

Retail Adventures

The COVID-19 shutdown put retailers at a disadvantage and now everyone is playing catch up. In addition to keeping associates and customers safe via the guidelines imposed by your state and community, you still have a store to run. It’s important to keep your eye on the future. We will still have a Black Friday and Holiday 2020 and you have to be prepared.

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Interview With Amy From Lake Life Company

Hello Small Shop

Tell us about yourself and your business. I am a Dermatology Physician Assistant, mom to 2 teenagers, cop wife and my family and I created Lake Life Co. 4 1/2 years ago. We live on The Farm and are restoring our Farmhouse and creating a new life on The Farm. What is your background? Education, Work Experience. I own 2 global businesses (Lake Life Co. and a my skincare business/personal brand ABE) and have been an Entrepreneur for 4 1/2 years.

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Introducing The Intelligence Node Retail Recovery Tracker

IntelligenceNode

Weekly insights into market trends, inventory movements, and pricing across the US Fashion Industry. Learn how Intelligence Node’s data can help retailers make informed decisions and accelerate their retail recovery. The retail world is fast evolving with dramatic shifts happening daily – especially with the COVID-19 pandemic in the picture. In just the last 8-weeks […].

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McLaren Excell channels church interiors for The Splash Lab's LA showroom

Dezeen

Arched doorways, altar-like tables and a nave-style display area feature in this Los Angeles showroom that McLaren Excell has designed for bathroom brand The Splash Lab. The Splash Lab 's showroom takes over a converted factory in LA's Culver City area that was originally built back in the 1930s. As this is the bathroom brand's US flagship – and currently its only standalone space – McLaren Excell set out to develop an interiors scheme that "deviates from the typical showroom format".

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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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How Quick Service Restaurants Can Find Growth Opportunities

Wiser

The food industry has undergone massive transformations over the last few years. Mobile payments and rewards, the drive to provide healthier options, and consumers’ demand for fast service without compromising on quality have affected every type of restaurant. Quick service restaurants in particular have had to respond to the rise of fast-casual dining.

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Why Christmas Needs To Come Early This Year

Retail TouchPoints

Christmas needs to come early this year (and by Christmas I mean the entire holiday shopping season). Why? There’s a pretty decent chance that the traditional holiday season that occurs in Q4 will fail to materialize, and any retailer that relies on that influx of sales and cash should begin thinking about hosting Black Friday and Cyber Monday-type events in June or July.

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3 Types of Data You Need to Explode Sales in Your Highest Priority Accounts

RepslyBlog

For CPG brands mastering the retail channel is a massive opportunity, but those who have played in the space before know it takes a committed investment to reap the benefits. To make the most of that investment, CPG sales and marketing teams are putting data at the forefront of their retail execution efforts, unlocking the insight they need to prioritize and maximize high-opportunity initiatives.

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Reopening of Retail: Insights From 400+ Brick and Mortar Operators

Retail Adventures

Raydiant surveyed 400 brick-and-mortar retail business owners in the U.S. to learn more about how stores have adapted to the stress of the pandemic and its economic fallout. Below are the key findings, you can read the full report HERE. Key Findings Commercial real estate is poised for a massive shift. After being forced into an uncomfortable situation, 29% of respondents now plan to close their physical locations to go online-only, while 14% intend to downsize.

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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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COVID-19: Getting Your Retail Store Employees Ready After Stores Reopen

Graff Retail

With retail stores opening back up, its time to talk about steps you can take to onboard your staff. There is a direct correlation between the quality of onboarding and the quality of performance you get from your team. COVID-19 is a different situation and your team has been off for a while, so you […].

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A Warm Welcome to COLDWEAR

I Vend

Leading winter apparel and travel accessory retailer, COLDWEAR has just joined the growing iVend Retail network. Singapore, June 2020 – CitiXsys is pleased to offer a warm welcome to COLDWEAR! COLDWEAR carries a wide collection of winter jackets, sweaters, hats, gloves, scarves as well as travel-related accessories like luggage, travel pillows and luggage locks to meet customers’ Fall and Winter holiday needs.

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5 Use Cases for Best Seller Intelligence

Wiser

If someone were to ask you what the top-selling items were today on any major online marketplace, whether it’s Amazon , eBay, Walmart, or any other, could you answer quickly? What if they asked what the most popular product was during the last hour? Most retailers and brands know that tracking best sellers across online marketplaces is vital for making smarter assortment decisions at scale.

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Amazon Launches Global Anti-Counterfeiting Team

Retail TouchPoints

Amazon has unveiled its Counterfeit Crimes Unit, a global, multi-disciplinary team that includes former federal prosecutors, experienced investigators and data analysts. The negative impacts of counterfeiting are high: counterfeit products are estimated to have cost the global economy $323 billion in 2018. The new Counterfeit Crimes Unit, which will investigate cases where a bad actor has tried to evade Amazon’s systems by listing a counterfeit product, will mine Amazon’s data; cull information

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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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The Fundamental Checklist for Choosing a Liquor Distributor

RepslyBlog

With hundreds of distribution companies to choose from, how can you determine which is the best fit for your emerging liquor company? This comprehensive checklist is designed to help decision makers at startup alcohol companies choose the best liquor distribution company to partner with.

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Interview with Melanie, owner of Counting Crafty Sheep

Hello Small Shop

Tell us about yourself and your business. Counting Crafty Sheep began in 2016 shortly after my first daughter was born. Before I became a stay at home parent, I worked as a museum professional. This was a job that demanded a lot, both physically and mentally, and when I finally transitioned from full time boss mode to full time parent of a newborn mode, I realized something was missing.

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5 Keys to Onboarding Retail Employees Post COVID-19

Graff Retail

If you own a retail store the last few months have been hard due to COVID-19. However, we can now see light at the end of the tunnel as slowly stores are being given the go-ahead to reopen. Before your store reopens, there are five things you can do right now to begin the process […].

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The Big Difference Between a Sales Forecast vs. a Demand Forecast Explained

Retalon

Forecasting is a critical aspect of retailing, and yet, there is much confusion about the definition of sales forecasting vs. demand forecasting (as well as their respective benefits and drawbacks). All retailers use some form of forecast to anticipate the future. Without having an idea of how many items you will sell tomorrow, building a successful and lasting retail business is impossible.

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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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What is Amazon’s Best Sellers Rank?

Wiser

At first glance, the Amazon Best Sellers Rank is fairly straightforward. It’s a snapshot of which product, in a certain category, is selling the most during a specific time period. However, there is more than meets the eye behind Amazon BSR and best seller rankings in general. For brands and retailers, BSR is a critical piece of the puzzle for beating the competition in a fast-paced marketplace.

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Patagonia Joins REI And The North Face In Facebook Ad Boycott

Retail TouchPoints

Citing Facebook’s laxity in policing racist, violent and false content on its platform, Patagonia has joined REI and The North Face in a boycott of Facebook and Instagram advertising scheduled to last through July. The retailers are supporting the #StopHateForProfit initiative, which has partners including the Anti-Defamation League , the NAACP , Sleeping Giants , Color of Change , Free Press and Common Sense.

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CPG Gurus Reveal Tips for Success

RepslyBlog

Knowledge is power -- but only if you have the right information. If your daily headaches come from managing relationships with retailers, staying in touch with representatives in the field, or negotiating for displays and promotions, then this is the information you need to improve your sales and performance!

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Findologic introduces AI-powered virtual shopping assistant, Lisa

Retail Technology Review

Findologic, the search and navigation platform, has announced the launch of Lisa, an AI-based virtual shopping assistant, which uses intent signals and discovery to power improved on-site search to enhance customer experience and drive conversions.

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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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Say Their Names

Graff Retail

We watched in horror as George Floyd, a black man, was murdered in broad daylight by white cops. They knew they were being videotaped. They didn’t care. Bystanders begged police to stop. They didn’t. This isn’t the first time something like this has happened. Sadly, it likely won’t be the last. Watching the video was […].

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Is Your Store in Compliance? A COVID-19 Reminder

Retail Adventures

Photo by Ewien van Bergeijk - Kwant on Unsplash In case you are wondering if you missed the memo announcing that COVID-19 is over, the answer is no. There was no memo and the pandemic is far from over. But you would never know that by the actions of some consumers, and even retailers. Source: Good Morning America | June 26, 2020 Source: Good Morning America | June 26, 2020 As your store reopens and your state moves into new phases you cannot forget that your responsibility as a retailer is to fo

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4 Use Cases for Price Intelligence

Wiser

The best brands and retailers have top-notch pricing solutions. This is just a fact of life in the eCommerce space, as prices change by the minute—or second—and consumers have more options than ever before. An ideal pricing solution is a must-have for companies to remain competitive and drive sales in this channel. Of course, that doesn’t mean eCommerce and pricing are not without their challenges.

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GNC To Enter ‘Pre-Packaged’ Chapter 11 Bankruptcy Process

Retail TouchPoints

GNC Holdings has filed a “prepackaged” Chapter 11 bankruptcy plan that will speed up the closure of at least 800 to 1,200 stores. Harbin Pharmaceutical Group Holding Co. will acquire the retailer for $760 million as part of the plan, which has backing from 90% of GNC’s creditors. GNC also has secured approximately $130 million in liquidity, which will allow it to maintain normal operations during the bankruptcy proceedings.

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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.