Sat.Sep 17, 2022 - Fri.Sep 23, 2022

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3 disruptive retail trends, and why retailers must adapt

Retail Dive

The retail landscape is changing at an ever-increasing pace, enabling some retailers to gain competitive advantages.

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3 Expert Perspectives on Why Margin, Experience and Loyalty Will be Key to Winning Holiday 2022

Retail TouchPoints

Inflation and the threat of recession are defining aspects of the 2022 holiday season, but the potential bad news will do little to dampen a potentially successful — if not extraordinary — season. However, even with many of the last mile and supply chain challenges that plagued retail over the past two years largely sorted out, retailers need to refocus on preparing for uncertainty.

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What is ‘transcreation’ and why is it important for Aussie retailers?

Inside Retail

For retailers, the latest census should be more than just a few headlines that disappear with the news cycle. The results have a real-world impact on your business and it will only increase in the coming years. By way of the 2021 snapshot, we know that 29.1 per cent of those living in Australia were born overseas, and a whopping half of Australians — 51.5 percent — were either born overseas themselves or have parents who were.

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How to Improve Customer Experience in Retail Stores

Wiser

According to a study done by Salesforce , 84 percent of consumers say that customer experience is just as important as a company’s products and services. In fact, customer experience is one of the biggest factors that retailers have to consider. Happy shoppers equal more sales, and more sales means more revenue. But what exactly do shoppers need in order to have positive experiences while they’re in your stores?

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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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What does Coles gain from dropping the Express chain?

Inside Retail

Earlier this week, supermarket player Coles announced it is selling its convenience arm Coles Express to long-time fuel partner Viva Energy for $300 million. Coles had been working with Viva Energy through its Express arm for some time, though its agreement was due to expire in 2029 – meaning Coles would have either had to negotiate a new agreement in seven years’ time, or sell the business.

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Searchspring Launches Tools for Personalized Email Campaigns

Retail TouchPoints

Searchspring , a search, product merchandising and personalization platform, has added Searchspring Personalized Email Recommendations to its Personalization Suite. The solution is designed to help retailers tailor their emails to make product discovery easier and extend personalization beyond their site in order to drive a superior shopping experience throughout the entire customer lifecycle.

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More Trending

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Costco not ready yet to up its membership rates

Retail Wire

Costco typically increases the rates it charges for its membership about once every five-and-a-half years. The chain, which posted gains in revenues and earnings for the last quarter isn’t ready to announce an increase. CFO Richard Galanti said, “We are confident in our ability to do so (raise rates). And at some point, we will. But it’s a question of when, not if.”.

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Cinnabon to launch into Sydney

Inside Retail

US-based chain Cinnabon is expanding its Australian presence with its first store in Sydney soon to open. . Scheduled for late November or early December, the store be located in Darling Square, expanding a network that is currently confined to Queensland and Melbourne. The 40sqm retail Sydney store will have 15 to 20 outside seats and sell the brand’s signature sticky cinnamon rolls, as well as chocolate and caramel-pecan varieties and monthly specials. .

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Internal Warehouse vs. 3PL: How to Reach the Best Decision for Your Business

Retail TouchPoints

Keeping your warehouse operations in-house or outsourcing them to a third-party logistics (3PL) company? Each option has its benefits and disadvantages. In internal fulfillment, the business handles the complete process of storing, packing and shipping. The company must have a warehouse to keep its inventory, and a logistics team to manage the goods for storing, ordering and shipping directly to stores/distributors or customers.

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Customer perception, shrinkflation, and shoplifting Weekly Snacks #24

Tokinomo

Campaign scoop. Forgotten password. Streaming services are great, especially for true fans. What happens when a football fan forgets the password right before a big game? Everybody goes crazy. However, there’s nothing that can’t be solved by a cold Dr. Pepper, right?

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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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Retailers caught between rising costs and consumer price sensitivity

Retail Wire

Retailers are caught between a rock and hard place where they have to pay more to buy the goods they sell while serving customers who are looking for price breaks in an inflationary environment. Wendy Arlin, CFO of Bath & Body Works, said, “Ultimately, we want our promotions to generate margin dollars. That’s our goal.”.

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Townsville’s Fairfield Homemaker Centre reinvents as lifestyle destination

Inside Retail

Geon Property plans to rebrand Fairfield Homemaker Centre as Fairfield & Co, a new destination for shopping, entertainment and amusement. Fairfield & Co is a six-stage mixed-use lifestyle destination featuring tenants such as Hayman’s Electrical, Queensland X-Ray, and Greencross Vets. The fourth stage of its development, covering 4200sqm of tenancy space, was opened last week and includes a variety of tenants as well as Townsville’s first X-Golf venue, which has six golf simu

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Amazon Trucks in California will be Powered by Electrofuels Beginning in 2023

Retail TouchPoints

According to the UN, the transportation sector accounts for approximately 25% of all carbon emissions globally, and Amazon transports a lot of goods. To combat the climate impact of all those deliveries, Amazon has teamed up with Infinium to begin powering its transportation fleet with ultra-low carbon electrofuels beginning in 2023. Infinium develops ultra-low carbon fuels that can be used to power cargo trucks, airplanes and marine freight without engine modifications.

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Cisco U. Inclusive Learning, Delivered

Cisco Retail

We recently introduced Cisco U., one of our newest learning initiatives, at Cisco Live. Cisco U. promises to meet the diverse global community through an inclusive digital learning experience. If you’re wondering what that means, well, I’m so glad. Inclusive learning is something that is a huge priority for me on a personal level. And as a member of the product team for Cisco U., I find myself uniquely positioned to explain how Cisco U. embraces inclusive learning. .

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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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‘Thursday Nigh Football’ drove Prime membership sign-ups for Amazon

Retail Wire

Amazon.com’s first exclusive National Football League game pitting the Kansas City Chiefs against the Los Angeles Chargers drew 15.3 million viewers. The game, according to Jay Marine, head of sports for Prime Sports, led to “the biggest three hours for US Prime sign-ups ever in the history of Amazon.

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Star Pharmacy names new CEO

Inside Retail

Star Pharmacy Group has appointed Peter Piliouras as the new CEO of its national pharmacy business. The group incorporates its own national brand, Star Discount Chemist and a number of Priceline Pharmacies and independent stores. Piliouras was formerly the COO and CCO at Peregrine Corporation, managing 250 stores and more than 3000 employees. He has 25 years of leadership experience in convenience retail.

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Walmart Canada Rolls Out AI-Powered Out-of-Stock Detection to All Locations

Retail TouchPoints

Walmart Canada is implementing an automated AI assist at all of its stores to help keep shelves stocked and enhance the customer and associate experience both in-store and online. The rollout follows a 70 -store pilot of a computer vision AI solution from Focal Systems that uses cameras to automate out-of-stock detection. The computer vision cameras are installed in busy areas throughout the store and scan shelves at pre-determined intervals, integrating with Walmart Canada’s existing inventory

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Hybrid Cloud Networking Made Easy

Cisco Retail

Hybrid cloud and the use of multiple public clouds is the new normal. Cisco has been pursuing a strategy to make it easier for organizations to manage this complexity. We are offering solutions to make it easier to adapt to a multicloud world by unifying the experience across IT teams and providing more choice. We conducted a customer survey with analyst firm 451 Research of over 2,500 cloud, DevOps and NetOps leaders in organizations worldwide and learned: 92% are using two or more public cloud

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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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Texas restaurant operator gave wait staff tips to managers

Retail Wire

A U.S. Department of Labor investigation found that Back’s Barbecue took $230,353 in tips from its wait staff and turned it over to managers at its restaurants. Kent Black, grandson of original Black’s Barbecue pit master Edgar Black Sr. said an error occurred when the company outsourced its payroll to a third party.

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Dior opens Brisbane pop up to showcase winter menswear range

Inside Retail

Luxury fashion label Dior has opened a pop up in Queensplaza, Brisbane, to introduce its men’s winter 2022 collection. . Dior says the ground-floor store, which will remain open until the middle of next month, was inspired by a winter morning in Paris on the Pont Alexandre III. As the women’s collections are typically only accessible in Brisbane at the Dior boutique, the business says local customers can shop the men’s collection at the pop up for the first time.

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Is Localization the Key to Increased Sales?

Retail TouchPoints

The past few years have had an incredible impact on in-store shopping. Many brands were forced to shut their doors and expedite online sales strategies to keep a steady revenue stream. But as we begin to get back to a sense of “normalcy,” consumers have reverted back to their traditional methods of shopping. The in-store shopping experience can never be replaced, but it does need to be improved.

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The 4 Lenses of Resilience and What They Mean for Security

Cisco Retail

We’ve been talking a lot about security resilience recently, and for good reason. It’s clear the only way businesses can operate in today’s hybrid world is by taking bold steps to increase visibility, awareness, and integration across their systems. All while maintaining a singular goal of becoming more resilient in the face of evolving threats. But that doesn’t just mean expanding the scope of your security stack.

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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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NLRB says Amazon singles out union organizers for discipline

Retail Wire

The National Labor Relations Board has issued a complaint against Amazon.com for “selectively and disparately” enforcing a rule about employees’ use of non-work areas such as break rooms. The federal labor regulator claims that Amazon has used the rule to singly out workers engaged in union activity.

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Are lab-grown gems the future of jewellery? Deltora Diamonds CEO thinks so

Inside Retail

Deltora Diamonds is an Australian fine jewellery brand specialising in lab-grown diamonds and gemstones. It has opened three stores in the last 18 months and is looking to enter the New Zealand market next year, as demand for ethical products grows. Here, we speak to Deltora’s co-founder and CEO Melissa Trafford-Jones about the process of creating lab-grown gems, how she got into the jewellery industry and what’s next.

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Leveling Up CBD Product Packaging and Branding With AI to Ensure Consumer Attention, Retention and Conversion

Retail TouchPoints

Within the heavily regulated CBD industry, it’s difficult for brands to advertise their products across the same depth and variety of channels afforded to companies in other categories. Due to compliance regulations, CBD brands have limited options when it comes to promoting and selling their products. As a result, CBD companies are generally forced to rely on their direct-to-consumer, in-store displays, and product and packaging designs — while brands outside the CBD category can leverage the p

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Cisco is Driving Secure Digital Transformation in Roadways and Rail!

Cisco Retail

This is an exciting and transformative time in the Transportation industry. Around the world, new investments are being made to expand rail and mass transit infrastructure to improve access, efficiency , passenger experience , safety and security , and of course reduce carbon emissions and deliver sustainability and net zero goals. At the same time, we are experiencing twin revolutions in the automotive industry; the increase in availability and adoption of electric vehicles – also driven

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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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Home Depot store in Philly becomes first in chain to seek union vote

Retail Wire

Workers at a Home Depot in Northeast Philadelphia have filed a petition with the National Labor Relations Board to form a union. Vincent Quiles, one of the organizing employees, said, “Long story short, we got screwed over during the pandemic. This company made money hand over fist, and we just feel exploited.” A Home Depot spokesperson declined to comment as the company was reviewing the situation.

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Coles Group to sell convenience store business to fuel partner Viva Energy

Inside Retail

Coles Group is to sell its fuel and convenience business to listed Viva Energy for $300 million in a deal which will have to first satisfy the competition regulator and gain foreign investment approval. Assuming the deal proceeds, it will settle in the second half of next year, allowing Viva Energy to create what it describes as the largest fuel and convenience network under one operator.

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Nordstrom Swallows ‘Poison Pill’ Following Mexican Retailer’s Stock Purchase

Retail TouchPoints

The Nordstrom Board of Directors has adopted a one-year shareholder rights plan, a.k.a. a poison pill, following the purchase earlier this month of 9.9% of the retailer’s stock by Mexican luxury department store Liverpool. The Liverpool stock purchase, valued at $293.8 million , makes the Mexican retailer one of Nordstrom’s largest stakeholders, according to Reuters.

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Why Isn’t your 5G RAN Transport Flexible and Efficient?

Cisco Retail

5G services can’t succeed without flexible, efficient, and programmable transport. To support and capitalize on 5G services, 5G RAN transport architectures have evolved to support virtualization and slicing, strict latency, jitter, stringent synchronization, and multi-cloud interconnect architectures. Recent Cisco innovations have focused on segment routing and IPv6 to improve network reliability with traffic engineering and to simplify network complexity with programmable transport, providing 5

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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.