Sat.Nov 12, 2022 - Fri.Nov 18, 2022

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5 tech revolutions that haven’t happened (at least not yet)

Retail Dive

Why isn’t the sky darkened by drones yet? Why do cash registers still exist? Will the robots take all sales floor jobs? We consider the answers to these and more.

ATS 126
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Boost Revenue With Upsells and Cross-Sells

Wiser

Picture this: you want to brush up on your ping pong skills and decide it’s time to reinvest in a new pair of paddles to get the ball rolling. So, you turn to online shopping. You find the paddles you want, a pack of balls, and you’re about ready to check out. Then, suddenly, you see a recommendation: a book to help you improve your ping pong game. You sure could use it, it’s been a while since you’ve played and you’re a little rusty.

Checkout 145
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Christmas retail sales tipped to top $60 billion

Inside Retail

Australian Christmas retail sales are predicted to exceed $60 billion, despite the impact of inflation and cost of living problems, according to research from the National Retailers Association (NRA). Covering the pre and post-Christmas shopping periods, that figure would represent a 3.9 per cent increase over last year. Quoting the organisation’s Consumer Sentiment Report, interim NRA CEO Lindsay Carroll said buyers are preparing for the holiday shopping season by modifying their spending

Consumer 244
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Rethinking the Retail Environment Through Food-and-Beverage Design Concepts

Retail TouchPoints

The retail industry has experienced a great deal of change over the last 2½ years with the accelerated growth of online sales, the introduction of new safety protocols, the expansion of experiential retail concepts and the integration of new technologies. Retailers have to be increasingly savvy at luring consumers to brick-and-mortar locations, finding creative ways to offer experiences that can’t be replicated in the digital environment.

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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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How Burberry’s new leadership duo can reignite the luxury brand’s spark

Inside Retail

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Akeroyd, who took over in April, will present his strategy alongside first-half results that will show the lingering impact of lockdown restrictions in China, Burberry’s biggest market.

Fashion 278
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London’s First Crisp Pick ‘n’ Mix Pop-Up Arrives This November

Retail Focus

Simply Roasted announce the opening of London’s first ever Pick ‘n’ Mix bar dedicated solely to one of the nation’s favourite go to savoury snacks, crisps. Positioned on the corner of one of Soho’s most instantly recognisable streets, where Air Street meets Brewer Street, the exclusive Pick ‘n’ Mix experience will give crisp lovers the opportunity to try Simply Roasted’s collection of award-winning triple cooked crisps, all completely free of charge, for one weekend only on Friday 25th to Sunday

Shopping 290

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Top 4 Strategies for AI-Powered Profitability

Retail TouchPoints

Retailers today are faced with mounting pressure to maximize their bottom lines while maintaining cost expectations for consumers. But amid volatile market changes, ever-evolving customer expectations and increased competition online, this is increasingly challenging to realize. Enter artificial intelligence (AI). Many retailers are turning to AI to help boost productivity while keeping costs in check.

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How digital signage and kiosks can help stores match the online experience

Inside Retail

Having embraced digital shopping channels during the pandemic, Australian consumers have become well used to the personalisation and tailored content offered online. So how can physical retail stores replicate the experience and deliver an equally personalised interface for customers? “The only way to achieve that is through a digital medium,” says Neal French, director of Chrome Enterprise sales JAPAC at Google.

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Digital Signage for grocery advertising

Tokinomo

People have been shopping in-store for ages. Over time a lot has changed. From the assortment of products to the technique used to promote those products. Shoppers’ demands and needs also altered over the years. Nowadays, customers are not shopping in-store just for the products, they are doing it to take advantage of the whole shopping experience.

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Bang and Olufsen launch flagship store in the heart of Mayfair

Retail Focus

Bang & Olufsen announces a new home for sound, design, and sensory experiences on London’s iconic New Bond Street in the heart of Mayfair. . Part of a 15-year redevelopment that restores a much-loved part of London to its former glory, Bang & Olufsen of Mayfair is located nearby the newly revitalised Hanover Square and the elegant Medici courtyard.

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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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New Shopping App TRYO Aims to Make AR Try-On More Accessible to Consumers and Brands

Retail TouchPoints

3D and AR design studio QReal is moving deeper into direct commerce with the launch of the new multi-brand, multi-category shopping app TRYO. With more than 500 items at launch — including products from Cartier , Gucci , Adidas , New Era and Rolex — TRYO wants to “revolutionize how people shop online” by making AR try-on experiences more easily accessible to both shoppers and brands.

Consumer 340
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Furniture retailer Ecosium to charge more on Black Friday

Inside Retail

In a bid to bring awareness and reduce excessive consumption during the Black Friday sales period, sustainable furniture company Ecosium is set to levy a 50 per cent surcharge on orders. The company is encouraging customers to delay their purchases until the next day to help “take a stand” on the issue. During the Black Friday and Cyber Monday sales period, retailers are known to offer 20-90 per cent discounts on a range of products both online and in-store.

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Holiday drinking, DTC, and Customer Behaviour - Weekly Snacks #32

Tokinomo

Campaign corner. True self. Pineapple juice might not be the most common choice for most people. This commercial from Dole focuses on showing your true personality and glow. What do a former manager and serial dater have in common? Watch the commercial and find out. Also, take Dole’s advice and let your glow show!

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Asda welcomes fresh draught beer, cider and cocktail concept

Retail Focus

Asda Pudsey customers will be able to pick up their favourite from a rotating range of freshly poured tipples after Craft on Draft, the fresh craft beer, cider and cocktail concept opened at the Asda Pudsey store in Leeds. Shoppers in Pudsey, Leeds, can now sample from a menu of 12 regularly changing beers, ciders and cocktails whilst seeking expert advice to find something that perfectly suits their tastes.

Shopping 182
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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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Amazon Debuts Next-Generation Drone Design and Fulfillment Robot

Retail TouchPoints

Last week at the inaugural Delivering the Future event, Amazon welcomed the outside world to its new robotics manufacturing facility, BOS27, in Westborough, Mass. But the 350,000-square-foot facility — which opened in October 2021 and brings together research and development labs — was only part of the draw. Amazon unveiled a number of new technical innovations set to be deployed across its operations, including a lighter, more durable drone for deliveries and a new robotic system than can handl

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Business ownership the dream for Australians; Specsavers makes it possible

Inside Retail

Despite everything the Covid-19 pandemic has thrown at the business community in the past three years the spirit of entrepreneurship is alive in Australia. According to recent research conducted by NAB four in 10 people indicated they would love to own their own business (41 per cent). For many in the retail sector, owning your own business can seem like a pipe dream.

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7 Pricing Strategies to Supercharge your eCommerce Christmas Sales

Intelligence Node

Price matters. As of 2022, the price has become a make-or-break factor for almost 50% of American shoppers. With the holiday season fast approaching, these price-sensitive consumers are looking to. The post 7 Pricing Strategies to Supercharge your eCommerce Christmas Sales appeared first on Blog.

Consumer 181
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Grosvenor appoints new Liverpool ONE lead

Retail Focus

Grosvenor announces the appointment of Chris Jukes as Director of Liverpool ONE, succeeding Alison Clegg who is retiring after leading the destination for 15 years. . Chris joined Grosvenor in 2005 and has held various finance positions in Grosvenor Property UK and the broader Grosvenor business. Today he is responsible for finance in the UK property business’ Development and Investment teams, including Liverpool ONE.

Finance 182
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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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How to Protect Against Rising Organized Retail Crime

Retail TouchPoints

Organized retail crime (ORC) is a growing concern for retailers of all sizes. Groups of professional thieves are systematically targeting retail establishments to steal easily resold merchandise such as pharmaceuticals, groceries, diapers and beauty supplies. The value of each hit is intentionally kept small enough to avoid attracting attention from law enforcement, but add it all up and the cost to the industry is enormous.

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Uniqlo opens its first South Australian store, at Myer Centre

Inside Retail

Uniqlo has expanded its Australian footprint, opening a new brick-and-mortar store in Adelaide’s Myer Centre. The new store, with 900sqm of floor space, will open on November 24 and provide a full line of Uniqlo life wear clothes for men, women, children, and newborns. It has 11 fitting rooms for customers and five self-checkout stations to improve the shopping experience.

ATS 246
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Gap turns a Q3 profit and tamps down Q4 expectations

Retail Wire

Gap Inc. produced a one percent increase in same-store sales during the third quarter and adjusted earnings of 71 cents a share. The retailer warned that its fourth-quarter sales are likely to slow as inflation reduces consumers’ discretionary spending.

Consumer 130
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Ksubi Open Their First London Standalone Store

Retail Focus

Global streetwear brand Ksubi have opened their first UK standalone store, located in the heart of Soho on 10 Carnaby Street. The opening will also coincide with the launch of a limited-edition collaboration with London-based artist Slawn. “London’s been calling us for some time with its buzzing music and arts communities. At Ksubi, we celebrate the triumph of the creative outsider – the rebels doing things their own way and to their own beat.

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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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Rite Aid in Delivery Deal with Grubhub; Uber Partnership Supports Delivery from 17,000 Neighborhood Stores

Retail TouchPoints

Deliveries from more than 2,000 Rite Aid stores in 16 states will be powered by the Grubhub Marketplace , making thousands of the retailer’s OTC, wellness products and snacks more accessible to consumers. Rite Aid items are now available on the Grubhub+ membership program, which offers no-fee deliveries on orders of $12 or more. Additionally, National Retail Solutions (NRS) , which provides point-of-sale and other store management solutions for more than 17,000 bodegas and neighborhood convenien

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Cettire reports solid sales growth as active user count nearly doubles

Inside Retail

Australian-listed online luxury fashion retailer Cettire says it is experiencing a “strong profitable growth trajectory”. Cettire sales grew 82 per cent in October to $34.8 million compared to the same period last year while adjusted EBITDA was at least $3 million for the month. The boost in sales is driven by repeat customers and active users which grew 88 per cent to 297,358 members.

Fashion 246
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Black Friday deals may still leave consumers strapped for cash

Retail Wire

Retailers are offering big discounts in the lead-up to Christmas on a wide variety of discretionary purchase items. That doesn’t mean that the items are cheap, however, as many are more expensive this year due to inflation.

Consumer 130
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Chinti and Parker has opened its debut pop-up on the King’s Road

Retail Focus

Sloane Stanley has announced that Chinti & Parker , the luxury womenswear brand, has opened its debut pop-up on the King’s Road, joining returning fashion favourites, Prochaine and Seraphina , as well as Dacre Art x Air Contemporary at 340 King’s Road. . Chinti & Parker has launched a 1,298 sq ft unit at 336 King’s Road, which will be in situ until February next year.

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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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Babylist Holiday Survey: Shoppers Seeking Both Value and Values in the Gifts They Buy

Retail TouchPoints

The holiday season is known as a season for giving and spending time with family. As more households open their doors and host gatherings for their immediate and extended family, they are returning to some old spending behaviors. But with new dynamics — such as new digital channels, inevitable delivery delays and the rise of purpose-driven buying — come new opportunities for brands and retailers to reach parents and family members buying for baby.

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Coles leads new tenant lineup at Westfield Parramatta food precinct

Inside Retail

Westfield Parramatta has revealed details of its refurbished food precinct which will open on November 30 with eight new retailers as part of a $33 million project. The newly refurbished area will be anchored by major supermarket chains – a full-line Coles and a new Aldi – along with a big-format Asian grocer Tong Li. The precinct will also house fishmonger Zag Seafood, poultry shop JC Chicken with both fresh and cooked quality products, a Breadtop bakery, Two Deers Cafe, oOh!

ATS 246
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Groceries account for the biggest difference between Walmart and Target’s 3Q results

Retail Wire

Walmart outpaced expectations in the third quarter and Target did not. The difference comes down to each chain’s grocery business. Walmart generates 56 percent of its sales from groceries and Target about 20 percent.

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WeWork Closing About 40 Locations in the US

Small Biz Trends

The leading global flexible space provider, WeWork, has announced plans to exit around 40 locations in the United States consisting of around 41,000 workstations. WeWork Closing About 40 Locations in the US. The exits are focused in what the firm cite as ‘underperforming locations’, and the majority will be happening during November. The intent of the closures is to reduce rent, tenancy and building operating expenses, which WeWork expect to make up for the reduction in top-line reve

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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.