Sat.Aug 20, 2022 - Fri.Aug 26, 2022

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Pricing Strategies Explained: Which One is Right for You?

Wiser

One of the biggest challenges for retailers is deciding on—and implementing—a pricing strategy that will increase profits and drive customer loyalty. It can be tough when you’re pricing new products. Set your prices too high and you can miss out on possible sales. Set your prices too low and you might miss out on profits. It’s all a balancing game to find the right price.

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Making use of the space above your retail store

Retail Focus

In the ever-changing world of retail, landlords may need to diversify how they create sustainable income. One way is to convert the space above your store into living accommodation. Now that you have put all the hard work and graft into finishing off your conversion with all the insulation, cladding, and electronics fitted, here are a few ideas and inspirations on ways you could make full use of your new space. .

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How to go green (without greenwashing)

Inside Retail

As the world strives to reduce global carbon emissions, it’s vital that retailers play their part. Ethical sourcing, better packaging, and practical carbon-reducing measures are all key ways for retailers to become more socially and environmentally responsible. But while it’s easy to say that you’re going to be more sustainable, putting it into place is a whole other task entirely.

Consumer 246
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Spotlight: Wanish Sugar Bush’s Founder Proves That Entrepreneurship Has No Age Limit

Small Biz Trends

Entrepreneurship has no minimum age requirement, as the founder of Wanish Sugar Bush is proving. Initially, the teenager started his business at just 15 thanks to help from his family. And now, he’s ready to make it his full-time job after graduation. Read about his journey and unique offerings in this week’s Small Business Spotlight. What the Business Does.

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2024’s Retail Odyssey: Going Small, Artificial, and Augmented!

Speaker: Joe Cicman - Principal Analyst at Forrester, and Jason Cottrell - CEO & Founder at Orium

Significant modifications are on the horizon for digital commerce in retail and customer experience come 2024. The pace of tech shifts will intensify, businesses are set to defund legacy solutions, and attractive opportunities will surface as social and retail media players join forces. To stay ahead of the curve, digital leaders are experimenting with less risky initiatives and scaling back on outdated projects that no longer yield impactful results.

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Shopper Marketing Weekly Snacks #20

Tokinomo

Campaign scoop. No compromise. We all know that family vacations are not considered relaxing. Pepsi Zero is here for all who need a break after the family vacation. In their short, but witty commercial , you could see that a Pepsi can go a long way after you’ve compromised with your family during the vacation.

Marketing 214
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King Living open European flagship on Tottenham Court Road

Retail Focus

Australian furniture brand King Living lands amongst homeware flagships; bringing their cool, contemporary and authenticity to Europe for the first time. Designed by Barber’s team on the ground in London; King Living came to Barber Design for their reputation and deep knowledge in the retail design sector. After several online meetings and being initiated into the brand virtually- due to the pandemic- Barber learned about the King Living brand and their unique family-led approach.

Shopping 299

More Trending

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Service Chaining VNFs with Cloud-Native Containers Using Cisco Kubernetes

Cisco Retail

To support edge use cases such as distributed IoT ecosystems and data-intensive applications, IT needs to deploy processing closer to where data is generated instead of backhauling data to a cloud or to the campus data center. A hybrid workforce and cloud-native applications are also pushing applications from centralized data centers to the edges of the enterprise.

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How to support shoppers during the rising cost of living issue

Tokinomo

We’ve talked about the most pressing challenges grocers are facing at the moment in our latest expert round-up. One of those issues was the rising inflation which is cousins the cost of living to increase fast.

Grocer 183
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Primark launches vintage clothing concessions in Birmingham and Manchester

Retail Focus

Primark is partnering with the Vintage Wholesale Company, an independent vintage clothing business, to open two new concessions in its flagship Birmingham and Manchester stores, under the brand WornWell by the Vintage Wholesale Company. . The Vintage Wholesale Company supplies quality, used clothing in the UK and Europe and sources the best vintage treasures from around the world.

Wholesale 279
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Retail Food Group profit rises despite trading difficulties

Inside Retail

Multibrand food chain franchisor Retail Food Group (RFG) says tax-paid profit increased more than threefold to $5.3 million despite a challenging trading environment. . The company owns and operates Gloria Jean’s, Crust Gourmet Pizza, Donut King, Brumby’s Bakery, Cafe2U Michel’s Patisserie, Pizza Capers and The Coffee Guy. Earnings before income and taxes rose 4.6 per cent to $17.3 million while same-store sales grew 2.3 per cent compared to the previous year.

ATS 264
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The MVP Mindset: Speed Time to Value and ROI

Composable commerce is built for complexity, but you don’t have to tackle everything at once to start seeing the benefit of a modular build. This masterclass will look at how to get solutions launched and performant in less time and with less disruption than you may expect. In this session, BigCommerce, Bold, Contentful, and Orium dig into the complexity of composable commerce and extract the straightforward solutions you can implement today to deliver value quickly and start building your path

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The Case for Multi-Vendor Security Integrations

Cisco Retail

Just like the myriad expanding galaxies seen in the latest images from the James Webb space telescope, the cybersecurity landscape consists of a growing number of security technology vendors, each with the goal of addressing the continually evolving threats faced by customers today. In order to be effective, cybersecurity tools have to be collaborative—be it sharing relevant threat intelligence, device & user insights, acting on detection and remediation workflows, and more.

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4 Ways Brands Can Prepare Their Email Marketing Program for BFCM

Retail TouchPoints

Black Friday and Cyber Monday (BFCM) are right around the corner, and many ecommerce brands are already planning for another uncertain year. Between inflation, increased marketing costs — especially paid ads — seasonal shipping costs surcharges and potential supply chain disruptions, finding every last opportunity to increase profits during the busiest time of the year is critical for brands.

Marketing 129
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Leading Labels, offering a range of clothing brands, has opened its doors at Sunderland’s The Bridges.

Retail Focus

Fast growing chain, Leading Labels, has chosen the city for its newest branch, which is now open in the unit formerly housing Topshop and Topman. And the arrival of Leading Labels means Sunderland shoppers will have access to a whole host of big names. The range of men’s’ clothes are provided by Blue Inc, which previously had a store in the centre while the women’s labels include Izabel London, Regatta and Solo, among many others.

ATS 246
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Domino’s Pizza buys businesses in three Southeast Asian markets

Inside Retail

Australian-based pizza company, Domino’s Pizza Enterprises (DPE), has acquired the entire stake in the Domino’s Pizza businesses in Malaysia, Singapore and Cambodia, aiming to further expand its presence in Asia after buying the Taiwan business last year. The listed Australian company will acquire Mikenwill, which owns the master franchise holder in Malaysia, and Impress Foods Pte Ltd, which owns Domino’s Pizza Singapore and 62 per cent of Domino’s Pizza Cambodia.

Marketing 246
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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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Cisco Talos — Our not-so-secret threat intel advantage

Cisco Retail

Security tools are only as good as the intelligence and expertise that feeds them. We’re very fortunate to have our security technologies powered by Cisco Talos , one of the largest and most trusted threat intelligence groups in the world. Talos is comprised of highly skilled researchers, analysts, and engineers who provide industry-leading visibility, actionable intelligence, and vulnerability research to protect both our customers and the internet at large.

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How to drive your API monetization strategy with MuleSoft

Mulesoft

Imagine you’re an aspiring entrepreneur looking to open a food service business. One of the first questions you’d ask is: “What type of business do I want to open?” Is it a fine dining restaurant? Is it a food truck? Is it a catering business? Is it a coffee shop? While all of these options […]. The post How to drive your API monetization strategy with MuleSoft first appeared on MuleSoft Blog.

Shopping 122
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Frasers Group unveils plans for the next cohort of FLANNELS Flagships

Retail Focus

Frasers Group plc today announced plans for three more FLANNELS flagship stores. The plans will see FLANNELS flagships open in Leeds, Cardiff, and Gateshead, all upwards of 80,000 sq. ft in size, and bringing with them the best in luxury fashion, beauty, and experience to each location. The stores are described as modern, agile retail experiences, that will become leading destinations for new luxury, through a world-class offering and innovative designs.

Planning 182
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Coles overcomes floods, supply chain challenges to post $1bn profit

Inside Retail

Ongoing supply chain issues, flood disruptions and rising cost pressures failed to dent Coles’ full-year tax-paid profit which grew by 4.3 per cent to $1 billion. Sales for the year ended June 26 rose by 2 per cent to $39.4 billion, although EBIT slipped by 0.2 per cent to $1.9 billion due to Covid-related expenses and “project implementation costs” E-commerce revenue remained strong throughout the year at double pre-pandemic levels and the company has expanded click-and-collect serv

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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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Cisco Software-Defined Access for Industry Verticals

Cisco Retail

Overview. Cisco Software-Defined Access (SD-Access) is the evolution from traditional campus designs to networks that directly implement the intent of an organization. SD-Access is a software application running on Cisco DNA Center hardware that automates wired and wireless campus networks with LISP as the control plane and VXLAN for encapsulation. Fabric technology, an integral part of SD-Access, provides wired and wireless campus networks with programmable overlays and easy-to-deploy network v

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Naresh Kumar on Using Heat Maps to Grow Your Business

Small Biz Trends

? Recently, Small Biz in: 15 On Location, traveled to Austin, Texas for ZohoDay 2022. In this episode, Shawn Hessinger, the Chief Editor of Small Biz Trends talks with Zoho Corporation Product Manager Naresh Kumar to find out more about how heat maps and other software marketing tools can be used to grow your business. Demystifying Heat Maps. Shawn: What is a heat map for those who don’t know, and how is it applicable to a small business and what they’re doing?

Marketing 121
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Art retail concept The Hook selects Seven Dials for West End flagship

Retail Focus

Shaftesbury has today announced the signing of art retail concept, The Hook, for its first central London showroom in Seven Dials. The experiential art gallery is the latest innovative brand to join Seven Dials’ creative community and is set to open a 1,588 sq ft space on 37A Neal Street this September. Founded in 2021, The Hook is committed to creating an approachable, omnichannel and consumer-focused experience that is designed to educate, and not intimidate, both instore and online.

Location 182
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Coco Republic to open California flagship stores, hints at global plans

Inside Retail

Coco Republic is to launch two flagship stores in California ahead of a progressive rollout in selected US markets and other global locations, the company has announced. The plan coincides with the appointment of two key executives in the US: Eric Bauer as global CEO and Skye Westcott as president of North America who will lead what Coco Republic, the Australian-founded furniture and homewares chain, describes as an “accelerated global expansion, initially focused on the California market”. R

Planning 246
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The Future of Customer Loyalty: Rewards, Retention, Appreciation, and More

Speaker: Jennifer Hileman - Director, Retail Data & Technology at Orium, and Zach Ettelman - Solutions Partner Team in North America at Talon.One

Elevate your retail game by unleashing the power of customer loyalty! The holidays are the perfect time to redefine and reimagine your retail strategy, as modern customers are being re-engaged through creative retention tactics. Discover how the combination of loyalty management and MACH technology can revolutionize your retail strategy, ensuring sustained customer success through the holiday rush, into the new year, and beyond.

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Rise of the Open NOS

Cisco Retail

Aravind Srikumar (Director, Product Management). Deepti Chandra (Sr. Manager, Product Management). Open networking Innovations are largely driven by an industry need to protect network platform investments, maximize supply chain diversification, reduce operating costs, and build a homogenous operational and management framework that can be consistently applied across platforms running standardized software.

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Automation: The key to unlocking enterprise agility

Mulesoft

Finger on the Pulse is a series where we explore the major trends shaping business technology. In each post, you’ll learn from one of our key partners and their perspective on an industry trend through the lens of their unique business. Our last post explored how to use data to develop strategic insights that elevate […]. The post Automation: The key to unlocking enterprise agility first appeared on MuleSoft Blog.

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My Being retail store by Cannabotech shortlisted for the Creative Retail Awards 2022

Retail Focus

The flagship My Being retail store by Cannabotech has been shortlisted in the Technology category for the Creative Retail Awards 2022. Amongst many other strong candidates, the flagship store was selected as one of the five finalists. Entrants needed to demonstrate how technology enhances the retail store and enriches the customer experience. Cannabotech’s science-driven approach is prominent in its My Being retail store and in-store experience.

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Wittner goes for gold: In conversation with CEO Catherine Williamson

Inside Retail

Not many consumers realise that iconic Australian footwear brand Wittner was launched in 1912 by HJ Wittner in Melbourne but this year, the business is celebrating its 110th anniversary with its exclusive 1912.4 Karat Gold collection. We chat with CEO Catherine Williamson about how the business has survived the ups and downs over the past 110 years, the development process behind the collection and what retail excellence looks like in the current climate.

Fashion 246
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Product Discovery: Enabling Search Outside the Box

Go beyond the basics with Algolia and Orium to explore the elements of search-and-discover you can leverage to create an optimized brand experience that delivers the right products at the right time, engaging customers throughout their shopping journeys. Surfacing the right product at the right time sounds simple, but the complexity of a modern retail environment means it’s anything but.

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Powering Hybrid Work with Digital Agility

Cisco Retail

As organizations expand their digital landscape, expectations for seamless and superior digital experiences continue to intensify. The shift to hybrid work and multicloud environments has also added layers of complexity and pressure, with 86 percent of CIOs struggling to find the necessary IT talent in cyber security, cloud computing, and data management. 1 To stay competitive in this era of relentless change, digital agility is essential for organizations that want to succeed in today’s evolvin

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Bath & Body Works Rolls Out Loyalty Program Nationwide

Retail TouchPoints

Bath & Body Works has launched its loyalty program nationwide at the retailer’s 1,750+ locations following testing in select markets. The personal care and home fragrance retailer also debuted its My Bath & Body Works App, which allows shoppers to earn rewards points through any channel and provides exclusive content. Additionally, the in-app wallet stores rewards points, offers and gift cards to provide a convenient experience to customers.

Location 119
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Caledonia Park signs Cornish Bakery in Scottish debut

Retail Focus

Railpen, the investment manager responsible for the safekeeping and administration of over £37 billion AUM for several pension schemes has announced the award winning, independent Cornish Bakery, will open later this year at Caledonia Park, Scotland’s premier design village, marking a national debut for the brand. Cornish Bakery, which delivers a range of exceptional coffee and pastries, is set to open a 2,500 sq ft unit later this year.

Location 182
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Booming e-commerce bolsters Woolworths top line in ‘challenging’ year

Inside Retail

Woolworths Group boosted its sales by 9.2 per cent to $60.85 billion last financial year, with e-commerce revenues up 39 per cent to $6.26 billion. . In its results announcement for the year to June released today, the grocery retailer reported EBIT of $2.69 billion, down 2.7 per cent year on year, and a net profit attributable to shareholders of $1.514 billion, up $10 million on year.

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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.