Inside Retail

FEBRUARY 26, 2023

Data breaches are becoming more prevalent these days, and the retail sector is definitely seeing its share of attacks. Most recently, a historic data breach impacted up to 1.85 million ‘The Good Guys’ customers. IBM recently revealed its ‘X-Force Threat Intelligence Index 2023’ report. According to the 2023 report, the deployment of backdoors, which allow remote access to systems, emerged as the top action by attackers last year.

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Tokinomo

MARCH 1, 2023

Everybody knows that rising inflation has a negative impact on retail sales and is putting pressure on customers who are just trying to make ends meet. While some retailers and brands are trying to help shoppers face the rising cost of living situation, there are others that might want to profit during this period.

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Retail Marketing Marketing 206

Wiser

FEBRUARY 27, 2023

How many times have you walked into a store with a list and left with a cart full of last-minute purchases? We’ve all done it. Whether it’s a fun sale you didn’t know the store was having, or you made the age-old mistake of grocery shopping while hungry, impulsive purchases are a common occurrence for most shoppers. In fact, according to a study done by Invesp , 84 percent of shoppers have made impulse purchases.

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Retail TouchPoints

MARCH 1, 2023

Two new entrants into the world of resale, Carhartt and Hanna Andersson , serve very different consumer segments, but both are highlighting the same brand attribute with their resale programs — their products’ durability. Premium workwear brand Carhartt has partnered with Trove to launch its resale program, Carhartt Reworked , which the brand said expands on its “legacy of building durable gear with the highest quality materials.

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Management

Retail Dive

FEBRUARY 27, 2023

From Toys R Us to J.C. Penney, many retailers have filed over the past few years. Here’s who has fallen victim since 2017.

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Inside Retail

MARCH 1, 2023

Retail theft has hit record levels in Australia, government statistics show, putting pressure on grocery giants Woolworths Group Ltd and Coles Group Ltd that are already struggling with soaring supply costs and freight blockages. Store theft rose 23.7 per cent in New South Wales, the home state of a third of Australians, from 2021 to 2022, state government figures showed on Thursday, the fastest year-on-year increase since records began in 1995.

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Supermarket Payment Services Shopping ATS 356

Retail TouchPoints

FEBRUARY 28, 2023

Amazon is reportedly expanding its selection of ultrafast delivery options through its network of specialized warehouses, called same-day sites, according to The Wall Street Journal. These facilities are significantly smaller than traditional fulfillment centers but are designed to prepare items for immediate delivery — and Amazon is poised to expand from 45 same-day sites (as of 2019) to at least 150 in the next several years, according to MWPVL International.

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Tokinomo

FEBRUARY 28, 2023

Campaign corner Beer fight. No, we didn’t forget about this beer fight commercial at the Super Bowl. At a bar, a devoted Coors Light fan excitedly reveals that Coors Light is set to make its debut appearance in the upcoming Super Bowl LVII. However, before he can complete his announcement, a Miller Lite enthusiast interjects and claims that it's actually a Miller Lite commercial.

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Shopping ATS Marketing 192

Inside Retail

MARCH 2, 2023

Australian CBD retail vacancy rates showed a “lagged recovery” in the second half, and business confidence is running high, according to new CBRE data. The realtor assessed 5347 retail outlets across Sydney, Melbourne, Brisbane, Perth and Adelaide and found that retail vacancy rates have tightened by 13.9 per cent. CBRE’s Australian head of retail research, Kate Bailey, said that despite “heightened cost of living pressures”, there was a “healthy level” of discretionary spending during the secon

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Retail Wire

FEBRUARY 28, 2023

The Labor and Health and Human Services departments are coordinating their efforts to uncover violations of child labor laws in light of recent cases where American employers were found to be using children as young as 13 in meatpacking and other jobs. “This is not a 19th-century problem — this is a today problem,” Labor Secretary Marty Walsh said in a statement.

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Marketing 246

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

Retail TouchPoints

MARCH 3, 2023

While the 2022 holiday season was an overall success , the specter of a potential recession was clearly looming over the retail industry in the final months of the year. That pressure can be felt in the Q4 2022 results and fiscal 2023 outlooks released by a multitude of retailers this week. Walmart has already warned of an economic slowdown in the coming year, noting that shoppers’ savings rates are about half of what they were during the pandemic.

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Retail Focus

MARCH 3, 2023

Shaftesbury has announced that the beloved character turned globally recognised brand, Miffy, is set to launch its first-ever standalone pop-up activation on Chinatown London’s 78 Shaftesbury Avenue. The classic storybook character will be brought to life in the 400 sq ft space, as the destination celebrates the Year of the Rabbit. The 3-month long pop-up will also stock an exclusive selection of limited-edition products.

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Retail Trends Location Management ATS 162

Inside Retail

FEBRUARY 28, 2023

French luxury company Longchamp has launched its new boutique concept in Australia, trying to recreate the atmosphere of a Parisian apartment. The new store, located in Brisbane, is the first in Australia to display the new concept design, which embodies the brand’s legacy, savoir-faire, and creative spirit. The welcome area has bookshelf-inspired displays of the season’s major pieces, while the lounge has vintage-style furnishings.

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Boutique Accessories Location Marketing 261

Retail Wire

MARCH 1, 2023

Instacart reported that its revenues jumped more than 50 percent in the fourth quarter, and its profit margins rose more than 80 percent. The delivery service is reportedly closer to filing an initial public offering of its stock.

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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

Retail TouchPoints

MARCH 1, 2023

Instacart will expand its delivery capabilities beyond the consumer space with the launch of Instacart Business, a B2B service aimed at helping small businesses. Instacart Business will connect business owners with retailers representing 1,100 national, regional and local retail banners with a combined 80,000 stores across more than 14,000 cities in the U.S. and Canada.

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Retail Focus

MARCH 3, 2023

Sovereign Centros has announced the upcoming arrival of Vanilla, a trendy women’s clothing brand, at Merry Hill, one of the UK’s top retail and leisure destinations. The store will take up a 4,500 sq ft space and will house both of the brand’s labels, Blue Vanilla and Pink Vanilla, offering a broad selection of affordable, high-quality clothing, footwear, and accessories.

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Fashion Accessories Location Management 147

Inside Retail

MARCH 2, 2023

Retail Food Group is to raise $47.4 million in debt and equity capital to help fund expansion and strengthen its balance sheet. The company says it has already received commitments to $24.9 million via a share placement and secured a $20 million debt facility with Washington H Soul Pattinson and Co. RFG executive chairman Peter George said the capital raising and new debt facility will enable the company to “reset and strengthen its balance sheet” allowing it to pursue core business and inorgani

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Management 246

Retail Wire

MARCH 2, 2023

Apple has held up approval of an app that uses OpenAI’s ChatGPT chatbot to automate email writing. The tech giant wants an age restriction to prevent kids 17 and younger from sending inappropriate emails.

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Advertiser: ZoomInfo

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Promotions

Retail TouchPoints

FEBRUARY 27, 2023

Victoria’s Secret & Co. (VS&Co)is piloting a new combined loyalty program for Victoria’s Secret and Pink that will allows customers to earn rewards when shopping both brands, regardless of their payment method. Called “ The VS & Pink Collective ,” the new loyalty program is being tested with 30% of current Victoria’s Secret and Pink customers in select states across the U.S., ahead of the program’s full rollout later this year.

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Shipping Shopping Planning Consumer 303

Retail Focus

MARCH 3, 2023

Global activewear and lifestyle brand Sweaty Betty will open its largest retail store in the North of England at Liverpool ONE, according to property group Grosvenor. The 2,600 sq ft standalone city store on Peter’s Lane marks Sweaty Betty’s debut in Liverpool and will showcase the brand’s extensive range of women’s clothing, accessories, and footwear, all made with responsibly sourced materials and recycled bottles.

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Inside Retail

FEBRUARY 27, 2023

Australian retail sales in January surged 7.5 per cent year on year – and 1.9 per cent over December, reflecting a strong post-Christmas sale season. Ben Dorber, head of retail statistics with the Australian Bureau of Statistics (ABS), said January’s rise followed a 4 per cent month-on-month fall in December and 1.7 per cent rise in November. “Looking through this volatility shows that turnover is at a similar level to September 2022, and on average, growth has been flat over the past few month

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Department Stores Apparel Consumer ATS 246

Retail Wire

MARCH 2, 2023

Sales of legal cannabis last year fell 8.3 percent in California, 20 percent in Colorado and eight percent in Washington as consumers cut back because of inflation.

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Consumer 189

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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

Retail TouchPoints

MARCH 1, 2023

Nordstrom will work with The Folklore Group to better identify and engage with fashion and lifestyle brands founded by Black, Latinx, Asian and other people of color as well as those located in emerging markets. The retailer also will invite brand partners to join The Folklore Connect, which provides software for diverse and sustainable brands to manage and scale their wholesale businesses and serves as a marketplace for retailers to buy from historically marginalized brands.

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Wholesale Fashion Location Management 302

Retail Focus

MARCH 3, 2023

Due to the boom registered by online commerce in the last couple of years, retail stores had to rethink their customer strategy. As such, the window displays became even more important since it’s a potential customer’s contact with the store. Through the window display, a store can communicate a wide range of messages, like the type of products available, discounts, the general atmosphere, or present the brand.

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Visual Merchandising Promotions Brand Management Management 130

Inside Retail

MARCH 2, 2023

Major US retailers including Best Buy, Walmart and Amazon are increasing their offerings of healthcare and health-related products as inflation-wary Americans shift more of their budgets to services and away from goods. Electronics retailer Best Buy recently kicked off a partnership with Atrium Health, part of Advocate Health, one of the country’s largest nonprofit hospital systems, Best Buy Chief Executive Officer Corie Sue Barry announced Thursday on a call with analysts.

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Consumer Beauty and Health Location Planning 246

Retail Wire

MARCH 3, 2023

Walmart plans to open 28 new healthcare centers in 2024. That will bring the company’s total to 75. Walmart had 32 clinics operating at the end of 20922 and plans to open 17 more this year.

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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

Retail TouchPoints

MARCH 3, 2023

Best Buy is planning to evolve its operating model with a greater emphasis on smaller stores as the retailer plans to close 20 to 30 large-format stores, implement eight experiential store remodels and open approximately 10 additional outlet stores over the coming year. The retailer plans to invest $200 million in capital expenditures for both these physical store changes and routine store resets and maintenance, down from about $300 million last year.

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Retail Focus

MARCH 3, 2023

Easter is a holiday that holds great significance in many cultures worldwide. It is a celebration and joy day marked by special traditions, customs, and events. One such custom is the Easter fancy dress. This article will explore how people celebrate and dress up on Easter. The History of Easter Celebrations Easter is a Christian holiday that celebrates the resurrection of Jesus Christ.

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Inside Retail

MARCH 2, 2023

Ikea has joined up with Canopy to keep the world’s ancient and endangered forests out of the viscose supply chain for home textiles. Ikea is reaffirming its commitment to the world’s forests by joining the CanopyStyle program and buying viscose for home textiles solely from suppliers who received the top score in Canopy’s Hot Button Report.

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Management ATS 245

Retail Wire

MARCH 3, 2023

Sen. Bernie Sanders said that the Senate’s Health, Education, Labor, and Pensions committee would vote on March 8 on whether to issue a subpoena for Howard Schultz. Starbucks’ interim CEO has declined to appear in front of the committee to address questions about the coffee giant’s union-busting activities. Starbucks has maintained that Mr.

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Advertiser: FourKites

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