RIS News
AUGUST 1, 2023
As the fight for gender equality in the workplace continues, some employers are being recognized for their strides. Learn more about the employers supporting women and helping them maintain an acceptable work-life balance.
Tokinomo
AUGUST 1, 2023
Everybody knows about the four Ps of marketing. Product, Price, Place, and Promotion are the core of marketing. In this article, we are going to focus on the Price. How much should customers pay to get the product? What impacts the pricing strategy? Which pricing strategy works best for different products?
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Retail TouchPoints
AUGUST 1, 2023
How can retailers transform losses into profits? External economic factors, such as fluctuating interest rates, an unpredictable housing market and persistent inflation have prompted consumers to rethink their spending habits. As a result, profitability is now a top priority for retail CEOs. Faced with shifting economic and consumer dynamics, retail leaders strive to unlock strategies that turn losses into profits.
Wiser
JULY 31, 2023
In the competitive world of retail, ensuring your products are in the right place at the right time can mean the difference between profit and loss. This is where planogram compliance comes into play. A planogram is a visual diagram that details where every product on a retail store shelf should be placed. Its main aim is to maximize sales and minimize wasted space.
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.
Hyken
JULY 31, 2023
Top Takeaways: In the age of advanced technology, it’s crucial for businesses to prioritize the overall customer experience. While chatbots and digital solutions are valuable, human-to-human interactions still plays a vital role, especially when technology falls short. Understanding and predicting customer needs are key to effective customer engagement.
Retail Dive
AUGUST 2, 2023
This shopping season isn’t likely to be like last year, or the year before, or the year before that, experts say.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
AUGUST 1, 2023
Retailers have access to troves of data: data about their customers, their products and their business. But despite earnest proclamations that consumers expect seamless brand experiences, these data and the insights they generate are resting in disparate systems and used by siloed teams. To create the seamless and immersive store experience that customers crave, brands need to bring organizational data into their physical spaces.
Inside Retail
JULY 30, 2023
Swedish fast-fashion giant H&M has sued Chinese rival Shein in Hong Kong over copyright infringement. Having reportedly prepared for the lawsuit since July 2021, H&M accused Shein of plagiarism and “stealing” the designs of its products, stating that there is “striking resemblance between the products showing they must have been copied”. The Swedish retailer is seeking compensation for unspecified damages and an injunction to prevent Shein from repeating the copyright violation, accordin
Retail Dive
AUGUST 1, 2023
The layoffs come as CVS faces significant integration costs from recent M&A activity, including its $10.6 billion buy of Oak Street and $8 billion acquisition of Signify.
Retail Wire
AUGUST 4, 2023
Barbie doll sales are surging online, fueled by the blockbuster success of the “Barbie” movie, which is expected to reach $1 billion in box-office sales. Doll sales have seen a significant increase of 56%, according to Shopify, the e-commerce platform powering Mattel’s direct-to-consumer operations. Shoppers are gravitating toward beloved brands like Barbie, indicating a “Barbie.
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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.
Retail TouchPoints
AUGUST 4, 2023
L.L.Bean will open four new stores this fall, two in Massachusetts and two in Quebec, along with a French-language ecommerce site to support its Canadian stores. The outdoor goods retailer also will add Dillard’s and Moosejaw to its key U.S. wholesale accounts, along with 10 independent specialty retailers in the southeastern U.S. The combined effort will make L.L.Bean products available in more than 70 new storefronts in addition to ecommerce platforms.
Inside Retail
AUGUST 3, 2023
David Jones has joined the growing ranks of major retailers to establish their own retail media sales and management business. The department store chain has launched a standalone business called David Jones Amplify which will give brands access to more than 475 in-store media, 102 digital formats and 70 print and digital editorial formats. The move follows similar initiatives by Woolworths Group – which set up Cartology inspired by US retail giants Target and Walmart – and Chemist Warehouse, a
Retail Focus
AUGUST 4, 2023
Retail performance faces a tipping point in Q3 2023, according to the KPMG/RetailNext Retail Think Tank (RTT) , an independent board of retail experts, as the threat of further interest rate hikes and spiralling mortgage payments hits household spend, undermining retail sector health and requiring the industry to respond with investment and its hallmark ingenuity.
Retail Wire
AUGUST 3, 2023
Toymaker Mattel is seeking a “chief Uno player” to promote its new game, Uno Quatro, and is offering a payment of $17,776 for a total of 64 hours of work. The job involves starring in social media content, teaching the game to others, and playing with influencers in New York City. The selected candidate will.
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
Retail TouchPoints
AUGUST 1, 2023
Under Armour has launched its first-ever loyalty program, UA Rewards , for its U.S.-based customers. Members will earn reward points for making purchases, writing product reviews on eligible products and completing UA MapMyRun challenges. Currently available only online, Under Armour plans to roll out UA Rewards to its stores later this year. “Our consumers are incredibly engaged with our brand, and UA Rewards will enable a deeper connection, delivering the value and benefits they’ve been cravin
Inside Retail
AUGUST 3, 2023
New ABS data has revealed a third consecutive quarter of declining retail sales measured by volume, effectively showing the nation’s ‘retail recession’ has now extended to nine months. Volume data excludes the impact of inflation on retail sales, which have been trending up for much of this year. The last time there were three consecutive quarters of declining retail volume sales was in 2008 – at the time of the Global Financial Crisis.
Retail Focus
AUGUST 4, 2023
Mango, one of Europe’s leading fashion groups, has opened its latest flagship location at centre:mk, one of the top 10 retail and leisure destinations in the UK. The new store exclusively distributes the Mango Woman collection across a selling space of over 4,693 sq ft. The design features Mango’s latest Mediterranean-inspired concept known as New Med, as featured in a select group of flagship stores around the world.
Retail Wire
JULY 31, 2023
A former general manager at a Wendy’s restaurant in Pennsylvania has been charged with theft by deception after allegedly inventing a fake employee named William Bright to pocket wages. The manager manually logged 128 shifts for the non-existent employee, receiving $19,898 between June 2021 and May the following year. The restaurant’s insurer paid out nearly.
Advertiser: ZoomInfo
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
Retail TouchPoints
AUGUST 3, 2023
Retail marketing is undergoing its largest transformation since the dot.com boom. The ongoing decentralization of retail and retail marketing is forcing CMOs to embrace new strategies in the media world to compete, especially amid more ephemeral brand affinity. By now we are all aware of the impact the internet has had in reshaping marketing, dating back to the adoption of the world wide web in the 1990s.
Inside Retail
AUGUST 2, 2023
Several news organisations, including People, The Washington Times and MarketWatch, fell for an elaborate hoax claiming that all Mattel toys, including Barbie, would be plastic-free by 2030, beginning with a new line of MyCelia EcoWarrior Barbies. The new range of Barbie dolls was claimed to be compostable and made with organic materials, including mushrooms, algae and clay.
Retail Focus
AUGUST 3, 2023
World renowned premium hand-picked nuts, handcrafted chocolate, and aromatic coffee brand, carpo, announces the opening of its flagship store in central London this autumn 2023. Located at 10 Glasshouse Street, the new site marks a significant milestone as carpo celebrates its 10th anniversary in the capital. Set across two storeys, the new Glasshouse Street concept store, located off Regent Street and a minute’s walk from Piccadilly Circus, will feature an extended seated area, with a luxurious
Retail Wire
AUGUST 3, 2023
Starbucks executives reported that a higher number of customers are ordering food along with their drinks, with two in every five customers adding food to their orders. Breakfast sandwich sales hit a record high, surpassing a previous record set in the prior quarter. The company sees significant opportunities in food offerings and has introduced new.
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.
Retail TouchPoints
AUGUST 2, 2023
It wasn’t so long ago that the debut of new digital-first brands was a near-daily occurrence. Successful “challenger” offerings in just about every category under the sun rose to unprecedented heights, almost solely on the backs of social media and good branding. But contrary to pandemic-era predictions, it turns out people still want to shop in stores, and a swath of data privacy crackdowns have brought many of these rising stars back down to Earth.
Inside Retail
AUGUST 1, 2023
Premium chocolatiers, much like other companies specialising in discretionary goods, are facing challenges brought about by current macroeconomic conditions. As cost of living pressures continue to rise, a large proportion of their consumer base is pulling back on non-essential items to ensure they can afford to pay bills and other essentials. Meanwhile, the cost of key ingredients such as cocoa continues to soar, with commodity prices up over 25 per cent year-over-year.
Retail Gazette
AUGUST 4, 2023
Clintons is looking to close around a fifth of its stores in order to stave off insolvency. The card retailer has brought in restructuring advisers to work on a debt-for-equity swap as it faces “acute financial distress”. Part of the plans could see it close 38 stores. This is on top of the 156 shops it closed back in December 2019 as part of a pre-pack administration , when its previous owner, the Weiss family that owns US giant American Greetings, snapped it back up.
Retail Wire
AUGUST 3, 2023
Amazon is expanding its virtual healthcare clinic to all 50 U.S. states, providing customers with access to virtual care for more than 30 common health concerns, including urinary tract infections, pink eye, and erectile dysfunction. The service connects users to licensed clinicians who offer 24/7 access through Amazon’s website and mobile app, supporting both message-based.
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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.
Retail TouchPoints
AUGUST 3, 2023
Retailers, brands and manufacturers are discovering some good news on the sustainability front: it’s remarkably flexible. Individuals and companies are finding that they can apply the lens of sustainability to virtually any part of their operations — from the raw materials used to make products to how those products are packed for shipping to handling the waste that comes from unsold food.
Inside Retail
AUGUST 4, 2023
Plus-size apparel company City Chic has sold its Evans brand to AK Retail Holdings for GBP8 million (AU$15.5 million). The agreement, reached on August 3, also includes the sale of all the inventory in City Chic’s EMEA business. The proceeds from the sale will be used for working capital purposes and to pay the group’s remaining $1.5 million acquisition facility.
Retail Gazette
AUGUST 4, 2023
The owner of M&Co and Yours Clothing AK Retail Holdings has acquired plus size clothing retailer Evans for an undisclosed sum as the company looks to expand its brand portfolio. The acquisition includes the brand name along with the intellectual property and stock. AK said the move perfectly aligns with its mission to cater to a diverse range of customers.
Cisco Retail
AUGUST 4, 2023
Statement by Eric Wenger , Senior Director, Technology Policy, Government Affairs: CISA’s new Cybersecurity Strategic Plan lays out a clear vision for how the federal government can better secure and d… Read more on Cisco Blogs
Advertiser: FourKites
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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