Sat.May 07, 2022 - Fri.May 13, 2022

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Private Label: Six key strategies for brands to compete

Mike Anthony

In the battleground that is retail today , retailers are turning to new (and old) strategies to win. Private label has been around for decades, but in recent times, around the world, I’ve seen a significant rise in the use of private label as a key retail strategy ( check out this recent article about Target as an example ). We are seeing private label being used aggressively comparing prices versus leading brands (see image).

Consumer 246
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Unified customer experience: Tying up the online and the offline

Tokinomo

Customer experience is one of the most important things you need to take into account in the retail industry. If shoppers have a poor experience while making a purchase in-store or online, they might not return. Research also shows that people tend to share poor customer experiences with others. 54% shared bad experiences with more than five people.

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Furniture retailer embraces digital marketing and measures its impact with analytics

Retail Dive

A furniture retailer with five outlets embraces marketing analytics to improve marketing performance.

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How Small and Local Marketers can Take Advantage of the Metaverse

Retail TouchPoints

Tech giants like Facebook and Microsoft have gone all-in on the metaverse, based on the idea that it’s the future of digital experiences like gaming, collaboration and marketing. In fact, the parent company of the social media platform renamed itself to Meta — a sign of its confidence in the metaverse. In case you’re still fuzzy on the details, the metaverse is a 3D, virtual-reality space where users can interact with one another and an infinite number of fictional or real-life computer-generate

Marketing 333
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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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Australian Fashion Council unveils trademark for Aussie apparel

Inside Retail

Australian fashion companies can now apply to use a special trademark certifying their products are locally created. The Australian Fashion Council (AFC) today unveiled a world-first industry certified Australian Fashion Trademark, created with funding from a federal grant last May that also includes a campaign to drive demand for local brands both at home and abroad. .

Apparel 279
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Inditex’s third flagship store opens at Liverpool ONE

Retail Focus

Grosvenor has announced the opening of leading international Inditex clothing brand, Bershka, at Liverpool ONE, marking its regional debut. Spanning 8,000 sq ft on South John Street, the space houses the brand’s three main lines; Bershka, BSK and Man, as well as a number of exclusive ranges. Joining Zara and Pull & Bear, Berskha is the third Inditex brand to open a flagship store on Liverpool ONE’s South John Street.

ATS 278

More Trending

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RICE22: 5 Things Everyone in Retail Should Know About the Metaverse

Retail TouchPoints

The first thing Cathy Hackl, Chief Metaverse Officer at Future Intelligence Group , wants people to know about the metaverse is that you haven’t missed the boat. Merriam-Webster doesn’t even have a definition for the term “metaverse” yet — Hackl checks every day. Bottom line, there’s still plenty of time to wrap your head around the concept and figure out a strategy that makes sense for your brand.

Consumer 319
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Australians return to the malls despite a plunge in consumer confidence

Inside Retail

Australians are returning to shopping malls as Covid fears subside with Scentre Group reporting customer visitations up 12 per cent on 2021 levels during the first quarter. In an operational update filed with the ASZ, Scentre Group CEO Peter Allen said the mall operator saw “a significant increase in sales for our business partners, above pre-pandemic levels”.

Returns 264
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Ted Baker is set to open a new store at centre:mk

Retail Focus

Global lifestyle brand Ted Baker is set to open a new store at centre:mk Milton Keynes. Opening within the centre later this year, the 2,150 sq ft space will stock Ted Baker’s full range of womenswear, menswear, footwear and accessories. . Founded in Glasgow as a shirt specialist in 1988, Ted Baker’s latest store will complement its strong international portfolio spanning the UK, USA, Europe, Middle East and Asia.

ATS 189
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Inflation inched up in April

Retail Wire

The rate of inflation nudged up 0.3 percent in April from March, according to data from the the Bureau of Labor Statistics. The year-over-year increase in April was 8.3 percent, down slightly from 8.5 percent jump in March. Higher gas prices, largely the result of Russia’s attack on Ukraine, have fueled the inflation rate in recent months.

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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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Retail TouchPoints Reveals 2022’s 40 Under 40 Winners

Retail TouchPoints

Retail TouchPoints and design:retail have unveiled the 2022 slate of 40 Under 40 Award winners. Representing the entire retail realm — from store design to CX strategy, ecommerce and retail operations — the 40 Under 40 Awards spotlight up-and-coming leaders who have done innovative and remarkable work and contributed significantly to the progress of the retail industry as a whole.

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Big W launches toy recycling program through its entire network

Inside Retail

Discount department store Big W has partnered with recycling platform TerraCycle to launch a toy recycling scheme in all 176 stores nationwide. After a trial in limited stores, the retailers’ Toys for Joy program collected over 18 tonnes of old toys. The two companies say around 26.8 million toys are discarded in Australia every year, the majority placed in normal rubbish as they are not kerbside recyclable.

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French fashion and lifestyle brand IKKS Paris announce launch into the UK with two stores

Retail Focus

French fashion and lifestyle brand IKKS Paris announces the opening of two stores in iconic London shopping destinations Carnaby Street and Kings Road, marking the brand’s entry into the UK. Bringing Parisian attitude and a sense of free spirit to London, the first shop will open at 3 Carnaby Street this May. The 2,610 sq ft store spans two floors with a full collection of womenswear, menswear, and kidswear.

Fashion 162
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Instacart takes a step towards going public

Retail Wire

Instacart has confidentially filed to go public. The delivery service has not disclosed the timing or size of its planned initial public offering.

Planning 130
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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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Instacart Files Confidentially for IPO After 40% Valuation Reduction

Retail TouchPoints

Instacart has moved closer to a planned IPO after confidentially submitting a draft registration statement with the SEC on May 11, 2022, although specific details were not revealed. While Instacart shared a valuation of $39 billion following a $265 million funding round in March 2021, by March 2022 the company had slashed its valuation by nearly 40% to approximately $24 billion , according to Bloomberg.

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Ikea to launch small-format Planning Studio concept in Australia

Inside Retail

Ikea is to launch its small-format planning studio concept in two locations in Australia this year. The first is in Northwest Melbourne, with the second planned for Newcastle. Unlike its traditional warehouse-like stores, the Planning Studio is sized between 300-500sqm and designed for customers to plan and order complex home furnishings and services such as dining, kitchens, and bed spaces.

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Dobbies granted planning permission for new store at Reading

Retail Focus

Garden centre retailer, Dobbies has announced today (Friday 13 May) that it has been granted planning permission to build a new 60,000 sq ft store in Reading. The retailer currently has a store at Hyde End Road, Shinfield, and the new store will be built on the land behind the existing store. The current store will remain trading for the majority of the build.

Planning 162
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CCDE and the Timelessness of Good Network Design

Cisco Retail

The Cisco Certified Design Expert (CCDE) recently transitioned to the CCDE v3 certification blueprint. CCDE v2, its former version, had been around for… a while. A long while (especially when compared to the typical tech lifecycle), but that doesn’t mean it had stagnated. Part of the reason for that is that the focus of CCDE has long been on training network design professionals to think critically about network design and business practices, rather than focusing on the technology of the moment.

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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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How Brands Can Deliver Sustainable Instant Commerce for Consumers

Retail TouchPoints

The COVID-19 pandemic has undoubtedly accelerated shifts in consumer behavior and expectations, and not many have been as dramatic as the explosive rise of ecommerce. Perhaps one of the biggest pain points brands have struggled with in ecommerce over the past two years is meeting consumers’ increased demand for immediacy. While two-day delivery was enough to satisfy eager shoppers pre-pandemic, next-day/same-day is now table stakes and brands that offer even faster delivery, meaning within hours

Consumer 274
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Mmm, it’s the sweet smell of advertising success

Inside Retail

Am I the only one who’s suddenly doing a lot more shopping at 8pm? And I swear I’ve never been more susceptible to a digital promo in my life. Twenty-per-cent off at my local Thai restaurant on a Friday night? I’ll have the extra pad see ew , thanks. Since early 2020, like everyone, I’ve been online a lot more. I’m seeing greater quantities of online advertising and – especially if they’re good ads – feel motivated to purchase. .

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Moët and Chandon announces the opening of its new permanent Champagne bar at Harrods Knightsbridge

Retail Focus

Moët & Chandon is opening its largest stand-alone Champagne bar in Europe at Harrods in Knightsbridge, London at the end of June. Located on the ground floor of the iconic department store, the Moët & Chandon Champagne Bar is set to be the must-visit place in the capital for champagne lovers to enjoy the spirit and glamour of the renowned House.

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12 Best Weather Apps for Small Businesses

Small Biz Trends

Access to weather reports is an important component of our day. We all know how weather affects businesses such as delaying commuters, canceling events, disrupting deliveries, and more – we all need accurate data on weather patterns. Besides this bad weather leads to poor online reviews as reviewers are more inclined to pen negative online reviews on days with bad weather.

Location 141
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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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Best Buy Expands Beyond Electronics Into New Categories Including Skincare

Retail TouchPoints

Following a March 2022 announcement that it planned to expand beyond its roots in electronics, Best Buy is entering new categories including health and wellness, outdoor living and transportation. Citing technology’s connection to the health and wellness industry, Best Buy has introduced a new collection of skincare technology products from brands such as Foreo , Vanity Planet , PMD Beauty and Therabody at nearly 300 stores and through BestBuy.com.

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Apple to pull the plug on iPod after 20 years

Inside Retail

Apple is discontinuing the iPod more than 20 years after the device became the face of portable music and kickstarted its meteoric evolution into the world’s biggest company. The iPod Touch, the only version of the portable music player still being sold, will be available until supplies run out, Apple said in a blog post on Tuesday. Since its launch in 2001, the iPod took on a storm of competing music players before being eclipsed by smartphones, online music streaming and within the Apple

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Covent Garden announces new Spring openings

Retail Focus

Capital & Counties Properties PLC (‘Capco’) has announced a number of new brands to the Covent Garden estate from globally renowned fashion, lifestyle and beauty brands. New openings include TAG Heuer, Chestnut Bakery, and Empresa while new brands joining the estate include Parfums de Marly and Vuori, further cementing Covent Garden’s position as one of London’s leading retail destinations.

Boutique 162
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Event-Driven Programming with TriggerMesh

Cisco Retail

Today’s nimble and scalable applications are being written to be event-driven. With event-driven applications, processes do their work and then trigger events. Other processes listen for triggered events, then do their work and trigger more events. It is no longer acceptable to send a request and then wait for a sequence of several, synchronous processes to complete before getting a response.

Consumer 141
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Mapping Digital Transformation: Retail’s Strategic Shift

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

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How Ecommerce Businesses Can Take Advantage of Data Labeling

Retail TouchPoints

Accurate search results and personalized recommendations are undisputedly the bedrock of modern ecommerce. As more businesses around the globe migrate online, the goal of every such company is simple — to help the user find what they’re looking for quickly and easily in order to enable maximum spending on the e-platform. To make all of this possible — from search query relevance to ranking models and recommendation engines — machine learning (ML) is utilized.

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Amazon Australia invites dogs into the workspace

Inside Retail

Amazon Australia will now permit employees to bring their pooches to work at its Sydney, Melbourne, Perth and Canberra offices. The global Dogs at Work (DAW) program currently has 8000 registered pooches. Having dogs at the workplace is shown to reduce stress levels, increase interaction between employees and boost morale. Independent research commissioned by Amazon Australia found that 23 per cent of Australians welcomed a dog into their family during the pandemic while seven out of 10 dog owne

Returns 246
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Animal opens its first outlet store at Caledonia Park

Retail Focus

Railpen, the investment manager for the £37bn Railways Pension Scheme, has announced Animal, a coastal lifestyle clothing brand, has opened its first UK outlet store at Caledonia Park, Scotland’s premier designer village. Animal has taken a 1,504 sq ft unit adjacent to Skopes. The outlet store, which opened this month, stocks a range of Animal’s most popular pieces, including menswear, womenswear, accessories, and footwear created for coastal adventures.

ATS 162
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Fostering a culture that normalizes mental health discussions

Cisco Retail

May is Mental Health Awareness Month, an important topic to me personally and my leadership ethos. It is a challenge that spans the globe—day-in and day-out—for many people, whether dealing with issues themselves or supporting a loved one. Feelings of stress, anxiety, and burnout are normal, which is why every person has some risk of developing a mental health disorder, regardless of demographics, socioeconomics, education, and occupation. .

ATS 138
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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.