Sat.Jun 17, 2023 - Fri.Jun 23, 2023

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How to Create an Effective Promotions Strategy

Wiser

Promotions are a key component of any successful business strategy. Whether you’re launching a new product, trying to gain more customers, or simply looking to increase brand recognition and loyalty, effective promotions can help you reach your goals. But crafting an effective promotions strategy requires careful planning and execution. Every brand and retailer is coming out with new promotions all of the time.

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Chatbot-Powered Shopping: The Next Frontier of Generative AI

Retail TouchPoints

The world’s largest search companies — so far, Microsoft, Google and Baidu — are the pioneers of generative AI. However, one internet giant that has not yet entered the conversation is Amazon, which stands to benefit tremendously from generative AI-powered search. Amazon: the Ecommerce Gorilla Still Behind in Generative AI Why is generative AI crucial for Amazon?

Shopping 303
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How to solve employee attrition in retail

Retail Focus

The current skills shortage has hit the retail sector hardest. That’s because of a lack of available people, workers making career changes, a lack of correctly skilled people, salary expectations being too competitive and employees experiencing burnout or poor mental health due to the Covid-19 pandemic. Because the industry has traditionally been viewed as low-paid and low-skilled, in the past it has struggled to attract the best talent.

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Nike wants to keep more girls playing sports

Retail Wire

Research has identified that girls are dropping out of playing sports at “alarming rates” with many doing so when they reach the age of puberty. Nike has decided to launch a coach new girl program to promote more careers in this category.

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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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No one will escape: Industry leaders on navigating the retail recession

Inside Retail

Australia is currently in the midst of a “retail recession” with real retail turnover experiencing a decline over two consecutive quarters. According to Australian Bureau of Statistics data, spending fell by 0.6 per cent during the three months to March, and by 0.3 per cent in the previous December quarter. With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter.

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Walmart ‘Simulcasts’ Latest Live Shopping Event on Walmart.com, Facebook

Retail TouchPoints

Walmart is the first retailer to test out TalkShopLive ’s new “shoppable simulcast” feature, which allows brands to broadcast live shopping events simultaneously across up to four different online destinations, including the TalkShopLive platform, their own website and Facebook. Walmart’s live show on June 20, 2023 — which featured the debut of The Pioneer Woman Ree Drummond’s new furniture line — was broadcast simultaneously on TalkShopLive, Walmart’s Facebook page, Walmart.com/live and The Pio

Shopping 301

More Trending

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USDA says Americans can eat lab-grown chicken

Retail Wire

The U.S. Agriculture Department has given the go-ahead to two companies – Good Meat and Upside Foods – to sell “cell-cultivated” chicken parts, which are grown inside labs, for human consumption. “I’m thrilled to share that cultivated meat will now be available for consumers in the U.S.,” said Uma Valeti, Upside Foods’s CEO.

Consumer 255
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Manly Wharf sells to Brisbane investor for $80 million

Inside Retail

TMG Developments, led by Robert Magid, has exchanged contracts for the $80 million sale of Manly Wharf to the proprietors of Brisbane’s Howard Smith Wharves (HSW). The destination was listed for sale in December and was expected to pique interest among both international and domestic buyers. The heritage-listed Manly Wharf was built in 1855 as a passenger terminal for the Sydney to Manly Ferry.

Location 246
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Nike Launches Air Max-Themed Island in Fortnite

Retail TouchPoints

Epic Games has created Airphoria, a Fortnite island created in partnership with Nike using the Unreal Editor for Fortnite (UEFN), with support from Fortnite creator studio Beyond Creative. The virtual landmass is a visually immersive Air Max-themed universe within Fortnite. Nike’s vision of Airphoria is as a place for fans to engage with Air Max sneakers in an entirely new and captivating way.

Planning 297
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New store for viral hit Humble Crumble celebrates the brand and process

Retail Focus

SODA Studio has designed a new flagship store for Humble Crumble, a dessert company with a huge following online. Using colours and materials that reflect the ethos of the brand, the new home of crumble has been created to serve the rapidly growing fan base and provide an improved experience for the company’s social-media savvy clientele. Humble Crumble started operating in Spitalfields but moved around the market into increasingly larger plots as their popularity grew, which developed as more a

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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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Dollar General says DG Markets are good for rural communities

Retail Wire

Dollar General plans to expand its DG Market format, which sells fresh produce, meat and dairy products, to 5,000 stores by the end of the year. The chain asserts that many of these stores are in food deserts and need what it sells.

Marketing 253
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NSW toughens penalties for those who abuse retail staff

Inside Retail

People who mistreat or assault retail workers will now face stricter penalties under a bill introduced to Parliament by the NSW Government. The landmark reforms will see NSW and SA take legislative action in response to the increased occurrence of customer aggression against the staff of supermarkets and other retailers. Research from the McKell Institute, commissioned by the Shop, Distributive and Allied Employees Association, found that 85 per cent of retail workers have been abused or assault

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Target’s New Last Mile Facility Adds Next-Day Delivery for 500,000 in Atlanta Market

Retail TouchPoints

Target has opened a Target Last Mile Delivery (TLMD) extension near its store in Smyrna, Ga. The new facility puts next-day delivery within reach of 500,000 additional customers for a total of more than 3 million in the Atlanta market. The facility already is delivering up to 1,500 packages per day, and Target plans to ramp up its capabilities further in the coming months.

Marketing 295
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Why Bricks & Mortar Businesses Should Invest In Technology

Retail Focus

Josh Bunce, founder and CEO of the iuf Group The retail sector is fighting hard to survive thanks to the knock-on effects of the covid pandemic and now the cost-of-living crisis. The economic uncertainty is creating a great deal of pressure on high-street firms, which is why the time is right to invest in technology. Why Invest In Technology Now? By investing in technology, bricks and mortar businesses give themselves the best possible chance to survive and even thrive during these economicall

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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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Target testing extension center to expand next-day deliveries

Retail Wire

Target is testing an expansion facility in Smyrna, GA, to make next-day deliveries to customers in communities farther from its stores. More than 90 percent of Target’s online and app orders are filled in stores. Target Delivery Driver Expansion Currently, being a Target delivery driver entails a contracted position similar to Instacart or Uber.

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Erica Berchtold no longer to be CEO of Best & Less Group

Inside Retail

Outgoing CEO of The Iconic Erica Berchtold will no longer take over as chief executive of Best & Less Group in September, as the struggling discount apparel retailer had previously announced. Instead, Ray Itaoui, a co-investor and long-time partner of BBRC, whose takeover offer for BLG is set to close at the end of this month, will continue as CEO of the business, after assuming the responsibilities of chief executive earlier this month.

Apparel 246
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To Cloud Out or to Edge In? That is the Question.

Retail TouchPoints

The growth of edge computing in retail is undeniable, as more devices are connected in stores and more applications depend on the data they create. The role of clouds and corporate data centers for crunching transactions and providing data insights is clear, and much time has been spent by retail IT teams determining an overall cloud strategy. Increasingly, however, their focus has turned to the large amounts of data processed at the “edge,” and not just transactional information: inventory, sen

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First Asia Pacific Adidas Flagship in Myeongdong, Seoul

Retail Focus

Featuring the “Home of Sport” concept, adidas has opened its first Asia Pacific flagship store in the unique and bustling shopping district Myeongdong, a must-visit spot in South Korea. Various Associates , the only Chinese design firm that participated in the flagship design, partnered with adidas to extract local Korean elements and blend them with adidas brand personality, creating a “home of sport” with closer connections and deeper resonance with local customers.

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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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A Teamsters strike at UPS would disrupt retailer’s fulfillment plans

Retail Wire

UPS workers have authorized a strike against the delivery service if negotiations between the Teamsters and the company fail to produce a deal on a new five-year labor contract. Workers are seeking better working conditions and a more significant cut of the company’s profits. UPS’s profits have risen $11.

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Meet the legends: How Hard Yakka is evolving its product and storytelling

Inside Retail

Cost of living pressures aren’t slowing down iconic workwear brand Hard Yakka, which has just teamed up with Australian fast bowling legend Scott Boland as part of a new collaboration aiming to enhance audience engagement and brand loyalty. In the latest feature of the Meet the Legend series, Boland meets with Kookaburra bat builder Lachie, and discusses his passion for cricket, and his efforts to make the sport more popular and accessible within Aboriginal communities.

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Want AI to Deliver Real Insights into Human Behavior? Take it to the Store

Retail TouchPoints

It seems like just about everyone on earth is obsessed with the promise of artificial intelligence. Read through any magazine or online publication and you’ll find a plethora of fascinating experiments, from pitting AI against nine-year-olds and seeing who could best master a game of Super Mario Bros. (advantage: machine) or engaging in digital tasks that require curiosity and out-of-the-box thinking (advantage: flesh and blood).

Marketing 270
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Unibail-Rodamco-Westfield unveils extension of Garbera shopping centre in Spain

Retail Focus

Unibail-Rodamco-Westfield (“URW”) has opened the doors of the final phase of its ambitious new extension of Garbera shopping centre in San Sebastián, Spain following a four-year transformation. The project added over 25,000 sqm to the destination and establishes Garbera’s position as the gateway for new brands in the region. Building on the first phase of the extension which brought a new dining and leisure complex to Garbera in 2021, this final phase brings a number of new brands to the Guipúzc

Shopping 147
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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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Domino’s delivery brings pizza virtually anywhere via Pinpoint

Retail Wire

Domino’s Delivery program “Pinpoint” enables customers to place a pin on a map location to have their orders delivered to places other than their homes, such as parks.

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Toys ‘R’ Us plans to open an experiential hub in Victoria

Inside Retail

Children’s goods retailer Toys ‘R’ Us says it plans to open a 3000sqm experiential retail hub in Victoria if the company’s capital raising plan is successful. According to an ASX announcement, the company has a target to raise up to $8 million through an Entitlement Offer with a minimum subscription of $5 million. About $3 million will be invested in a custom-designed site for both Toys ‘R’ Us and Babies ‘R’ Us brands which will be attached to the label’s new purpose-buil

Planning 246
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4 Ways Anthropologie is Building Brand Loyalty While Acquiring New, Younger Customers

Retail TouchPoints

While Urban Outfitters ’ assortment is designed for consumers in their teens and early 20s, Anthropologie provides a destination for consumers’ “next generation of life,” when they’re starting careers and families, according to Chief Marketing Officer Elizabeth Preis. And despite having an incredibly loyal customer base, Anthropologie has focused on expanding its reach, especially among consumers in their late 20s through early 40s — and a few more as well.

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7 tips for those who want to save money

Retail Focus

In recent years, the Internet has been flooded with all kinds of money-related challenges. However, some of them may be useful. If you can’t manage to save money and your usual savings methods don’t work, you can try out some of the popular online money cheat games. This article from an essay writer who works at the best essay writing service free provides tips based on some of the best challenges to learning how to save money without wasting it. 1: Keep track of your spending.

Finance 130
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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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Robots dance and serve coffee in Brooklyn

Retail Wire

An egg-shaped robot named ADAM dances outside Botbar Coffee in Brooklyn, NY, to draw people into the shop while another ADAM makes drinks for customers inside.

Shopping 183
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Children’s swimmable shoe retailer closes down

Inside Retail

Children’s shoe retailer Minnow Designs has ceased operations citing tough trading conditions. “After four years of hits with bushfires, La Nina and Covid all heavily impacting our business, we are burnt out and have decided to close the business,” said Stacey Fisher, co-founder and director of Minnow Designs. Established in 2016 by Lorraine Nguyen and Stacey Fisher, the brand sells a range of waterproof beach shoes and sandals for kids.

ATS 245
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Amazon Comes Under Fire from FTC, U.S. Senate for Deceptive Membership Practices, Warehouse Safety

Retail TouchPoints

[Editor’s Note: This story was updated on June 22, 2023 at 3:00 pm to include Amazon’s response to Senator Sanders’ investigation.] The U.S. Federal Trade Commission (FTC) filed suit against Amazon for what it deems deceptive practices around its Prime membership program on the same day that Amazon announced the dates for its annual Prime Day member sales event.

Consumer 270
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The Struggle Is Real For Britain’s Pubs As Closures Hit All-Time High

Retail Focus

The iconic pub culture in Britain is facing its most formidable challenge yet, as closures of these cherished establishments soar to an all-time high. With the pub industry battling against numerous factors, from changing consumer preferences to economic pressures, the future of these social hubs is at stake. In addition to the 100s of thousands of jobs, and billions in revenue that are at risk, Britain stands to lose a time-honoured cornerstone of its culture as closures continue to sky-rocke

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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.