Retail Dive
SEPTEMBER 12, 2022
Market disruption has triggered massive changes in the retail sector, and one of the biggest developments is a major shift by shoppers toward m-commerce or mobile shopping and ordering.
Retail TouchPoints
SEPTEMBER 12, 2022
In early 2022, a top 10 footwear brand dropped an exclusive line of sneakers. Traffic to the site soared. The sneakers sold out. On the surface, everything went as planned. But behind the scenes, something was wrong. Queue-it ran a post-sale audit on this sneaker drop, finding up to 97% of the activity was inorganic — clicks, visits and requests from bots designed to snatch up stock for resale at huge markups.
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Small Biz Trends
SEPTEMBER 12, 2022
As I have met small business owners over the last two decades, I have realized that financial illiteracy is rampant. Less than 50% of those I have met can read their profit and loss statement and only 25% can understand their balance sheet. My guest on The Small Business Radio Show this week says this issue is especially true for minorities. Lisa L.
Inside Retail
SEPTEMBER 13, 2022
Sustainability has become a top priority for investors and consumers concerned about the looming climate crisis – and the fashion industry, one of the leading creators of global emissions, is increasingly focused on portraying its green cred. According to the United Nations Environment Programme , fashion accounts for up to 10 per cent of global carbon dioxide output – more than international flights and shipping combined.
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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.
Cisco Retail
SEPTEMBER 14, 2022
This is the second blog in a three-part series on application resource management. Also see “ How IT can become a better business partner through application resource management ” and join us next week for “What to look for in an application resource management solution.”. Today’s digital economy runs on applications that are fueled by resources from a diverse set of environments, distributed technologies, architectures, platforms, and tools.
Retail TouchPoints
SEPTEMBER 16, 2022
Gen Z is arguably one of the most in-demand, and yet most elusive, generations of our time. While some brands claim to completely understand what these consumers really want, there are many times when Gen Z shoppers’ thoughts and behaviors don’t quite match up. And at a time when knowing and resonating with your customer is the key to survival, retail brands are hoping to get further context.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
SEPTEMBER 13, 2022
Australian retailers generally fared well over the last 18 months during the Covid-19 pandemic, despite temporary store closures as part of government-imposed lockdowns, although headwinds may be on the horizon. Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for t
Tokinomo
SEPTEMBER 14, 2022
Every retail professional wants to stay on top of his game. Constantly learning about shopper behavior is a must in this competitive industry. Shopper behavior and trends change at a rapid pace, making it hard for professionals to keep up with these changes.
Retail TouchPoints
SEPTEMBER 14, 2022
Walmart and P&G have joined forces to offer free in-store recycling collection for beauty packaging at 25 Walmart locations across Pennsylvania, New Jersey, Oklahoma and Arkansas. The program is being run in partnership with TerraCycle , which offers recycling solutions for products not typically collected by curbside programs, and is free to customers through sponsorship from Walmart and P&G.
Retail Wire
SEPTEMBER 16, 2022
Amazon.com will no longer charge merchants monthly fees to use shipping software from Veeqo. It acquired the firm, which enables merchants to fulfill orders from platforms including eBay, Etsy and Shopify.
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.
Inside Retail
SEPTEMBER 12, 2022
Australian fashion brand Aje has made its first “off-schedule appearance” at the New York Fashion Week. At an immersive show at Roll & Hill in Manhattan, the brand featured curated pieces from its Spring Summer 23 ‘Lumen’ collection teaming up with NY-based creative agency Replica. The brand says its ‘Lumen’ collection pays “homage to the perennial beauty and power of dawn, a symbol of hope and new beginnings”.
Wiser
SEPTEMBER 12, 2022
In the restaurant business, they say that “People eat with their eyes first.”. That means that even if the food is cooked perfectly and is delicious, a bad presentation can put someone off before they even try it. Retailers and brands are facing the same challenges. You might have the best products or prices on the market, but if your stores are bland or the products are poorly displayed, people will look elsewhere.
Retail TouchPoints
SEPTEMBER 14, 2022
One could argue that few, if any industries have been impacted more by the pandemic, and now by inflation, more than retail. The pandemic not only dramatically altered the way consumers shop, it altered the way retailers operate. Now, inflation is adding yet another wrinkle both in terms of costs to the consumer as well as suppliers. It is now more crucial than ever for retailers to rethink the way they are looking at user experiences and customer journey mapping in order to drive personalizatio
Retail Wire
SEPTEMBER 16, 2022
Walmart customers may soon be paying more for items that are substituted for out-of-stock items in their online orders. The retailer has charged customers the lower price of the two items (the one in its inventory and the out-of-stock) when a substitution is required but will soon simply charge the price of the item that is in the final order. “Customers and members will receive updates about this change in the Walmart app at various points in their shopping experience,” the company said in a me
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
Inside Retail
SEPTEMBER 15, 2022
Yvon Chouinard, the billionaire founder of the outdoor apparel brand Patagonia, said he is giving away the company to a trust that will use its profit to fight the climate crisis. Instead of selling the company or taking it public, Chouinard, who became famous for alpine climbs in Yosemite National Park and has a net worth of US$1.2 billion, is transferring his family’s ownership of the company to a trust and a non-profit organisation. “Each year, the money we make after reinvesting
Cisco Retail
SEPTEMBER 12, 2022
The hybrid work environment has been around for years, albeit not common but it existed. I can recall my first job where I was able to split my time working in an office and working from my makeshift home office. This was many moons ago as I will call it… pre-COVID-19. . Job seekers are certainly looking to have the flexibility of working from anywhere at any time – preferably in an environment of their choosing.
Retail TouchPoints
SEPTEMBER 16, 2022
GameStop has announced a new perk for its loyalty members in the Web3-based competitive trading card game “ Gods Unchained ” as the retailer continues to look for new ways to revitalize its business. The exclusive program will give GameStop PowerUp Rewards Pro members a unique code that they can redeem for “Gods Unchained” expansion packs. Each pack will consist of a set of collectible NFT trading cards that Pros can trade, sell or use in the game.
Retail Wire
SEPTEMBER 16, 2022
Kanye West has terminated his contract with Gap after claiming the retailer failed to meet its contractual agreement with the rapper and entrepreneur. “It was always a dream of mine to be at the Gap and to bring the best product possible,” Mr. West said “Closing Bell” on Thursday. “Obviously there’s always struggles and back-and-forth when you’re trying to build something new and integrate teams.”.
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
Inside Retail
SEPTEMBER 15, 2022
Mosaic Brands has paid $266,400 in penalties following two infringement notices issued by the Australian Competition and Consumer Commission (ACCC) for misleading representations. Mosaic Brands advertised a KN95 mask for sale on its Autograph Fashion website in August last year and described it as an “FDA and CE approved” product, however, it was neither backed by the US Food and Drug Administration nor Conformitè Europëenne in the EU.
Small Biz Trends
SEPTEMBER 10, 2022
If there is one constant in today’s digital ecosystem it is fast development. As a small business, it is imperative to find out what these developments are and see if you can implement them into your workflow. REUTERS MOMENTUM is an event looking to showcase what these technologies are and show you how you can shape the future of your company with these innovations.
Retail TouchPoints
SEPTEMBER 14, 2022
Olympia Sports has filed for Chapter 11 bankruptcy protection, seeking an orderly wind-down of its operations. The retailer plans to close its 35 remaining brick-and-mortar stores by Sept. 30, 2022, according to a filing with the U.S. bankruptcy court in Delaware. In 2019, RSG Acquisitions bought Olympia’s intellectual property, online stores and 75 of its then 152 stores.
Retail Wire
SEPTEMBER 15, 2022
U.S. retail sales were up 0.3 percent in August following a downwardly revised drop of 0.4 percent in July, according to the Commerce Department. Eight of 13 retail categories tracked by the government increased in August.
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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.
Inside Retail
SEPTEMBER 14, 2022
To remove barriers to employment, The Body Shop Australia says it will fill all seasonal roles in-store through its inclusive Open Hiring Program. Following last year’s success, the retailer says its Open Hiring initiative removes traditional barriers and bias to employment and provides experience, skills and training to participants. Partnering with local charities such as Launch Housing, Little Dreamers and APM Employment services, the retailer has encouraged First Nations Australians, young c
Small Biz Trends
SEPTEMBER 16, 2022
Grant opportunities come from public and private organizations and as an applicant, you have to keep an eye out for what is available. This is because there are new grants being offered all time. And when it comes to grants, time is of the essence. Applying early gives you a better chance, especially for grants with narrow application windows. With that in mind, here are some grants available now you can apply for as a small business owner.
Retail TouchPoints
SEPTEMBER 15, 2022
Starbucks has introduced a set of programs designed to support eligible associates in two critical areas of financial well-being: savings and student loan debt. The new benefits will launch on Sept. 19, 2022 to contribute to associates’ financial stability and help them manage their higher education debt, but reportedly they won’t be initially extended to unionized workers, according to Reuters.
Retail Wire
SEPTEMBER 15, 2022
California’s Attorney General Rob Bonta said that his office is suing Amazon.com for what it claims are anti-competitive practices directed at third-party sellers. The suit alleges that Amazon penalizes marketplace sellers that sell their goods on other sites at lower prices. “Amazon makes consumers think they are getting the lowest prices possible, when in fact, they cannot get the low prices that would prevail in a freely competitive market because Amazon has coerced and induced its thir
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
Inside Retail
SEPTEMBER 13, 2022
Peter Rabbit apparel will now be sold in new territories globally as part of a fresh licencing deal with Penguin Ventures. Penguin Ventures – the licensing arm at Penguin Random House – has announced a worldwide series of partnerships on behalf of the brand’s owner, Frederick Warne?& Co. Australian retailer Cotton On will launch a women’s sleepwear collection across Australia, New Zealand, South Africa and Brazil in 387 stores by the end of February and online by March, under its Body
Cisco Retail
SEPTEMBER 14, 2022
I am consistently asked by our customers: How can manufacturers contain customer satisfaction without excessive overstock? How can manufacturers better predict the output of manufacturing? What is the impact of manpower, materials, and methods on OEE? Could there be a link between IT-OT infrastructure and manufacturing visibility and resiliency? Manufacturers are meeting these challenges by adopting a digital first model and many plan on accelerating their technology transformation to power real
Retail TouchPoints
SEPTEMBER 14, 2022
[Editor’s Note: Check in tomorrow, Sept. 14, for an inside look at one brand that has found the secret to livestream success.]. “If you build it, they will come.” Unfortunately that ancient (1989) bit of cinematic wisdom hasn’t exactly held true in the modern field of social media, where platforms including TikTok , Facebook and Instagram are increasingly pulling back on social commerce initiatives that have failed to attract enough of the right players.
Retail Wire
SEPTEMBER 15, 2022
Shein is planning to build three large distribution centers in the U.S. to help speed deliveries to customers in three to four days. The privately-held fast-fashion site currently ships orders from China to more than 150 countries where it operates. Shein opened its first distribution center in Whitestown, IN, earlier this year.
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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