Sat.Mar 26, 2022 - Fri.Apr 01, 2022

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Key trends that will help retailers respond to growing consumer confidence

Retail Focus

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. . According to the latest CBI quarterly Distributive Trades Survey, consumer confidence is growing as retail sales volumes were 16% higher than seasonal norms in February.

Consumer 212
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How Pricing Mistakes Could Be Hurting Your Profits

Wiser

Pricing strategy is one of the hottest topics in the retail world, and rightly so. Having the right strategy keeps companies competitive and profitable. But, with so much information on price optimization floating around out there, and countless tips on increasing your profit margins, it can be difficult to know which strategies will actually help your bottom line.

Marketing 147
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ABS data reveals strong retail sales growth in February

Inside Retail

Retail sales continued to perform well in February recording a 9.1 per cent year-on-year increase according to Australian Bureau of Statistics data released today. . Despite supply chain disruptions, departments stores recorded a 5 per cent increase after months of decline. Clothing, footwear and personal accessories recorded a 17.8-per-cent increase compared to February last year, followed by cafes, restaurants and takeaway food which grew 15 per cent and household goods, up by 8.1 per cent.

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How Brands Can Navigate the Social Platform Ecommerce Boom

Retail TouchPoints

Navigating the past two years of digital changes has been a challenging yet invigorating time for brands and social media users alike. From the large spike of social platform users and increased time spent online to measurement fluctuations, everyone has developed new behaviors and preferences within the social space. 2020’s lockdowns forced brands to get creative with their digital presence as well as how they service their customers.

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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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Woking’s Victoria Place welcomes Moss Bros

Retail Focus

Moss Bros has launched a new concept store at Victoria Place, the recently launched £700 million regeneration scheme in Woking town centre co-owned by Woking Borough Council and Moyallen Group. Occupying a 2742 sq ft space, the brand has opened on Victoria Place’s Henry Plaza. . The Moss Bros new concept store is designed to meet the needs of every shopper, including a dedicated style suite with its own fitting room and a cash desk for private appointments.

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Walgreens puts robots to work filling prescriptions

Retail Wire

Walgreens Boots Alliance is opening micro-fulfillment centers that use robots to fill customers’ prescriptions. The drugstore giant expects it may use robots to fill as many as half its prescriptions by 2025.

More Trending

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Lizzo Kickstarts New Inclusive Shapewear Brand With Help From Fabletics

Retail TouchPoints

Fabletics is partnering with Grammy Award-winning artist Lizzo to launch YITTY , a new shapewear brand. Lizzo has been developing the business for three years and will put an emphasis on inclusivity, with fits for all body types from size 6X to XS. YITTY aims to blur the lines of inner and outerwear with intentional-meets-functional designs and bold colors.

Fashion 299
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Kate Spade New York celebrates the opening of a new store at the Boulevard, Northern Ireland

Retail Focus

Global lifestyle brand, kate spade new york, is to open its first Northern Irish store in April 2022, at designer outlet, The Boulevard. . Taking prime position at the entrance of the Lotus Property-owned scheme, which is positioned on the A1 corridor between Belfast and Dublin, the 1458 Sq ft store will open April 2022, offering a range of product categories, including ready-to-wear, handbags, accessories, small leather goods, tech accessories and jewellery. .

ATS 278
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Shelf Inventory Management: The trickiest issue in retail?

Tokinomo

Brick and mortar retailers have a lot of challenges to deal with after two years of pandemic and a rapid online shopping habit adoption. Apart from having to provide an amazing experience in-store to attract the attention of shoppers, they also need to make sure that they have the products shoppers are looking for.

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Uber, BP partner in global grocery delivery partnership

Inside Retail

Uber and BP have announced a global delivery partnership in an attempt to expand delivery services to everyday convenience. BP becomes the first major convenience retailer to team up with Uber on such a scale, and will connect more than 3000 retail locations with Uber Eats by 2025. . The partnership will cover retail sites in Australia, New Zealand, Poland, South Africa, the US and the UK with plans to expand operations to European markets from next year.

Location 264
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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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Inside Walmart’s Expanding Last Mile Strategy: Employee Empowerment, Automation and Sustainability

Retail TouchPoints

Consumers’ continued reliance on omnichannel fulfillment has created new opportunities for industry giants like Walmart to differentiate and gain market share. The retailer reported 5.6% comparable sales growth and growing market share in grocery during Q4 2021, and much of this success can be attributed to its robust last mile and fulfillment strategy.

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Seven Dials boosts ethical appeal with the opening of DAI

Retail Focus

Shaftesbury has today announced that the sustainable women’s performance wear brand, Dai, has opened its debut permanent space on 35-37 Monmouth Street, Seven Dials. Alongside the launch of two vintage activations, these recent openings boost Seven Dials’ diverse community of ethically driven retailers, solidifying it as London’s go-to destination for the conscious consumer. .

Boutique 163
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Amazon expanding drone delivery pilot

Retail Wire

Amazon.com is looking to recruit 1,300 customers to place orders for delivery through its Prime Air drone program. The company will recruit testers in Lockeford, CA, and College Station, TX, who will be able to choose from around 3,000 items, all weighing under five pounds, and have them delivered via drone.

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Shopify buys into Australian climate-tech firm

Inside Retail

In a bid to accelerate carbon removal solutions, Canadian e-commerce company Shopify has invested in nine climate tech start-ups including Australian-based company Loam Bio, bringing its total carbon removal spend to $32 million. Loam Bio has developed a microbial seed coating that increases carbon in soils as well as crop yields. The technology is said to help farmers, thus laying the foundation for globally-scalable carbon removal.

Marketing 263
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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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IM Properties Launches Software for Secure Lockers at Mixed-Use Facilities

Retail TouchPoints

IM Properties has partnered with Parcel Pending to launch the Premier Parcel secure delivery locker concept for residential deliveries. The service will be powered by Premier Parcel, a new company owned by IM Properties, with the lockers located next door to Sendik’s at The Corners of Brookfield, a mixed-use facility in Brookfield, Wis. that combines retail, restaurant, residential and entertainment offerings.

ATS 296
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The role of small gifts in customer loyalty

Retail Focus

There are many different ways in which you can develop a loyal customer following for your business. The most important factors are – of course – to offer premium quality products and provide a high level of service, yet alone this is not always enough. Other tactics include standing out from the crowd by showcasing a unique brand personality to develop a cult following and running a rewards program that encourages people to continue shopping with you and/or using your services.

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JCPenney to focus on core customers

Retail Wire

Marc Rosen, the new CEO of JCPenney, is focusing the company on delighting its core customer base instead of engaging in a Quixotic attempt to gain new ones. The department store chain is focusing on customers with median household incomes between $50,000 and $75,000 who are looking for affordable clothing and items for their homes. “The biggest difference this time is we are loving those who love us.

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Retail leasing in 2022: Seismic shift or same-same?

Inside Retail

Pre-pandemic, the power balance in retail leasing sat very much in the landlord’s favour. Retailers and industry bodies had been calling out for a major reset for years, as rents continued to escalate, out of step with modest growth in many categories. If there was ever a ‘great reset’ event, gosh did we get it. The drive to e-commerce, covid relief legislation, months of forced store closures in major markets, and retailers closing their doors permanently throughout 2020-21, all contributed to

Finance 253
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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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Able Made Pop-Up at NYC’s 1 Hotel Supports Brands’ Purpose-Driven Missions

Retail TouchPoints

Responsible athleisure brand Able Made has launched a new immersive pop-up retail experience to promote its sustainable mission-driven message at 1 Hotel Central Park in New York City. Through the partnership with 1 Hotel — properties are inspired by nature and created using reclaimed materials — Able Made has found a pop-up home that aligns with its own values to afford an eco-friendly shopping destination.

ATS 287
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Bingo: From the British high-street to Virtual Reality

Retail Focus

It’s no secret that the British high street has changed massively in recent years. Activities that were once at the forefront of towns and city centres are now being enjoyed online. When thinking about the changing nature of our favourite games and activities, one stands out. . The popularity of bingo exploded in the 1960s. It was a game played by millions of people in halls and has retained this huge audience over the years.

Marketing 130
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Government to release strategic oil reserve to drive down fuel prices

Retail Wire

The U.S. government plans to put 180 million barrels from its strategic petroleum reserve on the market over the next six months to mitigate the rising cost of gas that has spiked with Russia’s unprovoked attack on Ukraine. The release will add 10 percent to oil production in the U.S.

Planning 130
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MyDeal launches local experiences marketplace, plans for expansion

Inside Retail

Online retailer MyDeal has launched a new global activities marketplace called Amazed.com in Australia. The new website will utilise MyDeal’s proprietary marketplace technology and existing 1 million active customer base to offer a one-stop shopping experience for activities and experiences for locals. The company also plans to expand operations to New Zealand in the first half of the calendar year, and then move to offshore markets like the UK and US.

Planning 252
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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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The Rise of Shopper Promiscuity Calls For a New Approach to Market Research and Marketing

Retail TouchPoints

Today’s shoppers are operating in a completely unrestrained informational environment, full of seemingly endless places to get input during the purchase journey. They aren’t bound by traditional constraints, and are gathering data far and wide to inform decisions with behaviors that no longer follow any established marketing models. We call this Shopper Promiscuity, with a propensity toward curiosity, experimentation, and risk-taking.

Marketing 279
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FoundPop to exhibit at the 2022 Visual Merchandising and Display Show

Retail Focus

FoundPop will be exhibiting at the 2022 Visual Merchandising and Display Show. Visit them on stand E9 between the 5-6 April at the Business Design Centre in London. FoundPop’s versatile furniture range has been delivering affordable rental services across multiple retail sectors including fashion, jewellery, beauty and lifestyle in numerous high street, discount outlet and department stores across the UK and Europe.

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Tommy Hilfiger CEO calls Metaverse Fashion Week a learning experience

Retail Wire

Martijn Hagman, CEO of Tommy Hilfiger Global, says “consumers are showing an appetite” for virtually interacting with the brand as demonstrated during Metaverse Fashion Week. “This is indeed about testing and learning. The beauty of virtual environments is that on both product and VM sides we can try new things.” said Mr. Hagman. “We are experimenting with how these elements and environments can co-exist to provide a seamless consumer journey, for example, a fully digital experience,

Fashion 130
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The Iconic highlights diversity in new beauty campaign

Inside Retail

Fashion and lifestyle platform The Iconic has launched its first beauty campaign “I am Iconic” to celebrate diversity in the beauty category. . Featuring a range of faces representing beauty across gender, age groups, ethnicity and culture, and star, the campaign aims to strengthen the brand’s beauty offering and its online market. The brand says it wants to celebrate beauty in all its forms and the new campaign introduces its definition of beauty. .

Fashion 246
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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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Exclusive Q&A: ‘It Just Felt So Lonely’ Being a Person of Color in Retail Leadership

Retail TouchPoints

Corporate awareness of diversity, equity and inclusion practices (DE&I) in retail has grown over the last few years, but within many companies actual progress has been slow or nonexistent. For Bumbershoot CEO and CMO Kimberly Minor — also President and Founder of Women of Color in Retail and President and CCO of Bandier — reflecting on a 25-year career in retail and branding as a woman of color has afforded great insights into the DE&I needs of the industry.

Consumer 278
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Hello Flamingo to exhibit at the 2022 Visual Merchandising and Display Show

Retail Focus

Hello Flamingo will be exhibiting at the 2022 Visual Merchandising and Display Show. Visit them on stand E4 between the 5-6 April at the Business Design Centre in London. Hello Flamingo are an award winning, creative design & manufacture company, Specialising in retail window displays, Design & development, pop-ups shops, events, project management & installation, all from our design studio & manufacturing workshop in East Sussex.

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Inflation jumped 6.4 percent in February

Retail Wire

Price increases continue at a 40-year high as evidenced by the Personal Consumption Expenditures Index which rose by 6.4 percent for the year ending Feb. 28. The rate in February topped the 6.1 percent rise registered at the end of January. Russia’s invasion of Ukraine has sparked increases in the price of fuel and other commodities, which is expected to result in even higher inflationary rates.

ATS 130
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Harris Scarfe opens two stores in Melbourne’s north

Inside Retail

Australian department-store Harris Scarfe will open two new stores in Melbourne on April 7. The Harris Scarfe Home at Craigieburn Junction will sell products including electrical goods, homewares and manchester while the Sunbury store will treat shoppers to existing product lines as well as apparel and fashion. . Harris Scarfe CEO Graham Dean said the new stores will be a ‘welcoming boost’ for the economy. .

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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.