Retail Focus

MAY 24, 2023

The retail sector is a unique and diverse business. Nevertheless, as in every other sector, you can encounter different problems that can make you slow down, reduce sales and, in the worst case, even close the business at all. This article has collected some main problems you can encounter on your way, so read on and be aware. Lack of product availability Product availability is a key factor in retail success.

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Inside Retail

MAY 23, 2023

Is the luxury sector immune to the cost-of-living crunch? Recent research from global real estate company Colliers seems to suggest that it is. Colliers is expecting luxury retail spending in Australia to grow by 5.42 per cent annually through 2027, primarily driven by millennials, with spending on fine dining experiences poised to grow even faster.

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Retail Dive

MAY 24, 2023

How can brands plan for the future in a disruptive economic environment? Google partnered with Kantar and Bain to analyze shopper behavior and identified four critical trends that will define the retail industry in the coming years.

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Planning 129

Inside Retail

MAY 23, 2023

Retail franchises across Victoria are facing criminal charges for breaching child employment laws, with the state regulator coming down hard on organisations that aren’t complying with the law. The spate of charges follows calls from retail bodies for the creation of national framework that applied consistent laws across the country. In recent weeks, a Red Rooster franchise in Wodonga, Victoria was hit with 355 criminal charges for – among other accusations – employing ten children under the age

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Advertisement

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.

Management

Retail TouchPoints

MAY 24, 2023

Five Below plans to add at least seven new outlet locations to its store roster this year in partnership with mall operator Simon. The retailer already operates 21 stores within the Simon portfolio. The new locations, slated to open throughout this spring and summer, will be at Simon Premium Outlets in Albertville, Minn.; Pleasant Prairie and Johnson Creek, Wis.; Gaffney, S.C.; Edinburgh, Ind.; Pismo Beach, Calif.; and Tannersville, Pa.

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Retail Wire

MAY 24, 2023

Foot traffic in San Francisco’s Union Square shopping district may be down 27 percent, but tourists are spending big at luxury retailers. “The luxury shopper isn’t experiencing the city the way regular shoppers are—they are in a bubble,” said Neil Saunders, managing director of GlobalData.

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Inside Retail

MAY 23, 2023

Canada Goose is set to make a foray into Australia under a brand management agreement reached with Brand Collective. The brand will roll out retail stores this year in Melbourne and Sydney, and open an e-commerce platform, to be augmented by selected wholesale distribution. “Partnering with a world-class luxury brand like Canada Goose gives us a great sense of pride,” said Brand Collective CEO Eric Morris.

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Retail TouchPoints

MAY 22, 2023

Tanger Outlets will deploy a customer engagement platform from Coniq to better empower its retail partners to deliver personalized and contextual offers to consumers. Tanger will use the Coniq platform to improve its ability to capture and leverage consumer transactional data, as well as providing tools that enable its retailers to improve offer personalization and increase customer engagement.

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Retail Wire

MAY 24, 2023

A Washington Post-Ipsos survey of working adults finds that 75 percent would prefer working four 10-hour days instead of five eight-hour ones. Workers say the extra day off gives them more time to recover and complete personal tasks. Employers, however, do not appear to be in a rush to move away from the five-day workweek.

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Retail Focus

MAY 24, 2023

French designer eyewear brand, bloobloom, opens its flagship store at 30 James Street in Covent Garden with Mary Charteris and Simon Murphy DJing at the launch. The store is situated near Apple, Rituals and Tiffany & Co and boasts a spacious 600 sq ft across the ground floor. The independent brand will continue to bring eyewear innovation to consumers across London at affordable prices.

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Location Returns Consumer Shopping 189

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.

Customer Experience

Inside Retail

MAY 24, 2023

Japanese brand Uniqlo has decided to leave Russia after suspending its operation there last year, paving the way for a sale of the business, the Izvestia newspaper cited Russia’s deputy trade minister as saying. Uniqlo owner Fast Retailing suspended the clothing brand’s operations in Russia in March 2022, joining scores of international companies, after Moscow sent troops into Ukraine in what it dubbed a “special military operation” Deputy Minister of Industry and Trade V

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Retail TouchPoints

MAY 23, 2023

Google unveiled a series of new tools for merchants and advertisers at its annual Google Marketing Live event on May 23, 2023. Among the updates that will soon be available are a new generative AI tool to help brands create more sophisticated product imagery , and the ability for brands to have their Google product feed automatically populated from the content on their website.

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Merchant Services Advertising Shopping Management 299

Retail Wire

MAY 23, 2023

Publix has confirmed that it will rebrand its eight GreenWise Market stores under its namesake banner. “Our customers’ shopping habits have reinforced that they enjoy the attributes of a Publix GreenWise Market location, but within their traditional Publix shopping setting,” said company spokesperson Hannah Herring.

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Retail Focus

MAY 23, 2023

Celebrating this year’s Chelsea in Bloom theme ‘Flowers on Film’, the LK Bennett Duke of York Square store has been transformed with installations reminiscent of the Audrey Hepburn classic ‘My Fair Lady’, in partnership with Royal Ascot. Bringing together the floral focuses of the film, the front window displays include “flower girl” Eliza Doolittle’s job working at the Covent Garden Flower Market, as well as her transformation to a Lady at Royal A

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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

Shopping

Inside Retail

MAY 25, 2023

Woolworths’ proposed acquisition of the Supa IGA store in Karabar, NSW has been opposed by the Australian Competition and Consumer Commission (ACCC). Supa IGA Karabar is an independent supermarket that sells a range of groceries and liquor along with an attached liquor store (trading as Liquor Boss) located in Karabar, NSW. The regulator concluded the transaction of the entities would likely “substantially lessen competition in the supply of groceries in the local area”.

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Retail TouchPoints

MAY 24, 2023

COVID, Brexit, and more recently the war in Ukraine, along with a cost-of-living crisis have caused 80% of shoppers to change their purchasing behavior. Unsurprisingly, this has dramatically changed the shopper marketing landscape, and as a result, retail brands are being forced to rethink how they interact with consumers. We have seen changes to routines, homes and priorities — people have had to switch up choices, learn to get creative and try something new to save money.

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Retail Wire

MAY 26, 2023

American Eagle Outfitters, Blue Apron and Shopify all added logistics services to improve last-mile fulfillment performance. In the end, the three found that their logistics services delivered improved results, but not as much as they expected.

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Fulfillment 245

Retail Focus

MAY 22, 2023

MAPIC, the international gathering of the retail, leisure, food, and tech real estate communities, launches this year’s event with the theme The Age of Responsible Growth: Committing to a better future. It will highlight how the industry can secure continued and sustainable growth, by implementing measures that reduce environmental impact—and prioritise people and the planet.

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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

Promotions

Inside Retail

MAY 24, 2023

Westfield Knox is set to open its $355 million redevelopment with elevated fashion and lifestyle retail offerings on June 8. The project includes a full-sized NBL basketball court, a nature-inspired outdoor kids’ play space, a 2000sqm library, and a swimming school concept featuring a 25-metre pool along with seating areas for families to dine.

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Outdoor Fashion Returns Management 246

Retail TouchPoints

MAY 26, 2023

During this Retail Innovation Conference & Expo sneak peek, Erica Vallecorsa sits down with Lindsay Mikos, Senior Director of Omnichannel Strategy & Programs at Walgreens. Lindsay will be speaking in the Retail Innovation Summit program agenda and will provide an inside look into what’s next for Walgreens, and how its team is prioritizing innovative tech to support omnichannel shopping experiences.

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Consumer Shopping ATS 295

Retail Wire

MAY 22, 2023

The European Union has hit Meta with a fine of $1.3 billion for transferring the personal data of people within its member states to servers in the U.S. Meta has been ordered by the EU to stop the practice, violating General Data Protection Regulation (GDPR) law.

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Wiser

MAY 22, 2023

In the last few years, many companies have begun to shift their focus from their products to their customers. And this makes sense when, according to Salesforce , 80 percent of customers now consider the experience a company provides to be as important as its products and services. Positive experiences can leave a lasting impression on shoppers that might make them more likely to share their sentiments online or with friends and family.

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Advertising Marketing Management Shopping 142

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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.

Point of Sale

Inside Retail

MAY 22, 2023

Alongside many retailers, Amazon Australia is facing a changing customer landscape. Household costs are increasing across the board, and less is being spent on discretionary items after every rate rise. And certain categories are facing heightened challenges amid cost of living pressures. For instance, homewares, one of the big winners of the pandemic, now appears to be in decline , with housing a source of major anxiety for a lot of Australians.

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Management Consumer ATS 246

Retail TouchPoints

MAY 23, 2023

Retail TouchPoints  and Design:Retail have unveiled the 2023 winners of the annual 40 Under 40 Awards , representing a dynamic and diverse class of executives who have contributed to industry progress. The 40 Under 40 Awards have evolved to spotlight the personal and professional accomplishments of executives across the retail industry — from store design to CX strategy, ecommerce and retail operations.

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Retail Wire

MAY 26, 2023

Temu is putting the arm on suppliers to reduce the costs of goods sold on its platform and it still loses an average of $30 an order even as it takes advantage of a loophole that allows up to $800 in duty-free shipments coming into the U.S.

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Dezeen

MAY 26, 2023

Local studio EBBA Architects has designed a store for eyewear brand Cubitts that preserves and draws on the original 1930s interior of the traditional F Cooke restaurant on London's Broadway Market. The restaurant, which sold cockney dishes such as jellied eel and pie and mash, had been located on the east London street since 1900 but was given a modernist update in the 1930s.

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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

Management

Inside Retail

MAY 25, 2023

Gourmet fast-food restaurant chain Hell Pizza has launched a buy now, pay later (BNPL) scheme where customers don’t have to pay for their pizza until they’re dead under a legally binding agreement. Dubbed ‘AfterLife Pay’, customers eligible for the scheme will be invited to sign a real amendment to their wills, allowing payments for their pizza to be collected upon death.

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Retail TouchPoints

MAY 22, 2023

Every retailer strives to understand its customers, but few are as deeply in tune with their audiences as Curacao. This California-based retailer serves Hispanic communities with a large but carefully curated product selection and a surprisingly wide range of services — wide enough that the company is at least as much a bank as it is a retailer. This both requires the company to keenly recognize its shoppers’ needs and provides opportunities to track their demands through data sources like its p

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Retail Wire

MAY 26, 2023

The peak season for imports, August through October, is expected to be up slightly over last year, which was flat from the year prior. “It would be good if this year’s peak season could be a bit better than ’22 considering there was no peak last year,” said Tim Scharwath, CEO of DHL Global Forwarding.

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Retail Dive

MAY 25, 2023

Craig Williams will take on a new role as president of geographies and marketplace, while Sarah Mensah takes on Jordan. The retailer also named a new head of North America.

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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.

Marketing