Sat.Nov 18, 2023 - Fri.Nov 24, 2023

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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

Retail theft is on the rise, and many businesses are grappling with the financial fallout. In recent months, The Home Depot, Foot Locker, Target and other retail giants have suggested that shoplifting is cutting significantly into their respective profits. Dick’s Sporting Goods also attributed part of the brand’s 23% profit drop in the second fiscal quarter of 2023 to theft ( CNBC ).

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Point of Purchase: What it is, how it works

Tokinomo

Point of purchase (POP) is a common term used in retail. In this complete guide, you will discover more about POP marketing and POP innovation. We’ll share the definition of the term, examples of POP campaigns, and tips and tricks that will help you implement your campaigns.

Marketing 227
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Getting Digital: The Safety of Retail Delivery Fleets

RIS News

Scanning technology can help improve safety in retail delivery fleets by improving tire safety, enhancing regular fleet maintenance, and strengthening vehicle damage assessment.

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Which is the best retail Christmas advert of 2023?

Retail Gazette

Christmas adverts have officially taken the nation by storm as the big retailers have released their festive campaigns over the past few weeks. But with many shoppers’ budgets squeezed, retailers faced a challenge to get the tone of their Christmas adverts right this year. Retail Gazette speaks with advertising industry experts to find out which businesses succeeded and what is retail’s best Christmas advert of 2023.

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The Personalization Playbook: 2024 Strategies

Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.

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Black Friday: Essential 2023 Insights for Online Brands & Retailers

Wiser

As 2023 wraps up, it’s time to turn our attention to the exciting opportunities that 2024 brings. One of the key calendar dates that looms for online brands and retailers is Black Friday. The day after Thanksgiving has traditionally marked the start of the holiday shopping season and continues to be a significant event for the retail industry.

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Re-imagine retail experiences with immersive augmented reality (AR)

365 Retail

Retailers and marketers are looking for ways to enhance consumer engagement, drive sales and foster longer-term brand loyalty. In crowded and competitive markets, marketing leaders need to find creative ways to make their products stand out while increasing buying propensity. Engaging with shoppers wherever they are with more dynamic, fun, and playful experiences is helping many businesses do just that.

Consumer 109

More Trending

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Australian Department Store Digitizes Merch Buying Experience

Retail TouchPoints

David Jones , the Australian premium department store, has digitized its merchandising and buying process as part of its broader Vision 2025+ strategy. The retailer, which is known for curating the most exclusive global and local brands, will use NuORDER Assortments by Lightspeed Commerce to empower buyers to digitally preview collections, develop assortment plans and complete orders in collaboration with brand partners, replacing manual, spreadsheet-based processes.

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Pitt Street Mall keeps eighth ranking in world’s most expensive retail strips

Inside Retail

Sydney’s Pitt Street Mall has maintained its eighth spot in the rankings of the world’s most expensive retail strips. Pitt Street Mall has a rent of US$747 per sqft per year and is the only Australian destination included in the global top 10 list, based on Cushman & Wakefield’s Main Streets Across the World report. In Asia Pacific, Pitt Street Mall ranked fifth while Melbourne’s Bourke Street ranked 18th with a rent of $329.

Fashion 286
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Florida Judge Accuses Tesla of Knowing About Flawed Autopilot Tech

Retail Wire

A judge in Florida has ruled that there's reason to believe that Tesla's executive team knew about potential flaws in the company's self-driving technology.

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In-app shopping, generative AI, and personalization - Weekly Snacks #81

Tokinomo

Campaign corner Too cool. Cat owners are aware that their beloved feline companions can exude an air of indifference—sometimes even to the point of being frustratingly nonchalant. These discerning kitties show no leniency, especially when it comes to the clichéd holiday customs that tend to evoke cringes from humans. Fortunately, the TEMPTATIONS™ brand is helping cat-owning households, enabling them to create lasting, enjoyable moments during the festive season in their new commercial.

Shopping 204
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Guide to Business Writing

Everything you need to know about better business writing in one place. This is a complete guide to business writing — from a clear business writing definition to tips on how to hone your business writing skills.

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What’s Your Social Commerce Strategy? 5 Steps Brands can Take Now to Meet their Holiday Sales Goals

Retail TouchPoints

One thing brands and retailers can count on this holiday season is that shoppers are being more frugal when it comes to buying gifts. A recent survey of more than 2,000 consumers revealed that over half won’t be able to buy as many gifts as last season, with more than one-quarter of the respondents claiming they plan to limit how much they spend. This means brands will need to be more strategic when it comes to their ecommerce initiatives and potentially explore new ways to meet their end-of-yea

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Tom Ford opens its first Australian Beauty concept store

Inside Retail

Estee Lauder’s beauty brand Tom Ford will open its first concept Australian Beauty Store at Chadstone – The Fashion Capital. The space will house the whole Tom Ford Beauty Collection, personalisation services and exclusive Tom Ford Christmas presents, as well as private blend scents including the recently announced Myrrhe Mystère. Myrrhe Mystère’s amber woody scent features the combination of the myrrh essence and ultra-vanilla accord, which creates a modern serenity in the luxury co

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Thanksgiving Retail: Who’s Open and Who’s Closed?

Retail Wire

While most retailers are known for extending their hours to accommodate the holiday rush, Thanksgiving Day itself often sees a mix of open and closed doors.

Shopping 264
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Elevating the Festive Season: The Significance of Luxury Pop-Up Stores During Christmas

Retail Focus

Ghalia BOUSTANI. Senior retail consultant at Univers Retail | Published author | Visiting lecturer. The holiday season’s magical air of celebration and joy influences how people shop and engage with brands. Luxury pop-up stores become essential brand levers amid the bustling atmosphere, presenting a distinct and enchanting shopping experience for consumers.

Jewelry 162
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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Kelly Goetch, 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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When Customers Aren’t Holiday Shopping, They’ll be Streaming

Retail TouchPoints

The winter holiday season is a critical time for retail. November and December holiday sales average around 19% of total retail sales, per the NRF , and this share can be even higher for some department stores and specialty retailers. Emarketer anticipates that holiday retail sales will grow 4.5% this year to surpass $1.3 trillion. The stakes have never been higher!

Shopping 273
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How FOMO drives consumers and retailers to participate in Black Friday

Inside Retail

Over the past decade, the Cyber Week sales period, anchored by Black Friday, has become a bigger fixture on the retail calendar. It has brought forward the all-important holiday season, as retailers push for the first-mover advantage, discounting before their competitors in an effort to get an early lead. For the past few years, consumers have been more than willing to dip into their bursting savings accounts – thanks in large part to the pandemic – to spend on Black Friday.

Consumer 264
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How To Avoid Online Scams While Holiday Shopping

Retail Wire

Online shopping can be a minefield during both Black Friday and Cyber Monday. Here's how to keep your personal information safe while making holiday purchases.

Shopping 260
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The Fragrance Shop Unveils Experiential Flagship Store on Oxford Street, London

Retail Focus

The Fragrance Shop, is thrilled to announce the grand opening of its brand new experiential flagship store on Oxford Street, London. This 2,300 sq ft store, the first of its kind, promises an unparalleled fragrance shopping experience like no other. Located on the vibrant Oxford Street, The Fragrance Shop’s flagship store sets a new standard in fragrance retail.

Shopping 162
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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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Transforming Holiday Marketing in CPG Retail with Generative AI

Retail TouchPoints

In today’s rapidly evolving retail landscape, generative AI is the latest technology transforming the way retailers reach and engage shoppers. Getty Images’ VisualGPS consumer survey finds that 79% of Americans are excited about the potential of using AI to increase productivity, and a study by SAP Emarsys confirms that so far, 77% of consumers enjoy the personalized shopping recommendations that this new technology enables.

Marketing 264
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Tutu Du Monde opens first flagship, in Sydney

Inside Retail

Children’s couture brand Tutu Du Monde has opened its first flagship location, in Sydney’s Westfield Bondi Junction. The store offers the brand’s celebrated collections including tutus, dresses, resortwear, and accessories crafted for young fashion enthusiasts. ­­The design of the flagship was based on the idea of a sparkling jewellery box, with the colour pink playing the prominent role against a backdrop of a neutral-coloured stone facade.

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Delayed Launch of Nvidia’s H20 AI Chip Could Shift Market Dynamics in China

Retail Wire

In a twist of events, Nvidia, a leading manufacturer of artificial intelligence (AI) chips, has informed its Chinese client base about the delay in the release of its latest AI chip, the H20, until early next year.

Marketing 240
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TKMaxx opens new store at Braehead Centre

Retail Focus

Braehead, one of the UK’s most popular retail and leisure destinations, owned by property company SGS and managed by Global Mutual, is pleased to announce that TKMaxx opens the doors to its new store, just in time for the festive season. The new 27,000 sq ft store will offer customers much-loved brands and designer labels at affordable prices – with the retailer’s clothing, accessories, homeware and beauty offers stocked.

ATS 147
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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.

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GoodwillFinds Adds Returns Capability to Better Compete with Other Resale Platforms

Retail TouchPoints

GoodwillFinds — the online ecommerce platform of the 120 -year-old nonprofit Goodwill — has teamed up with return assurance platform Seel to better “compete with other digital resale websites” by offering returns. GoodwillFinds customers can now purchase return assurance for any item, spanning every category on the site — from clothing and shoes to luxury and vintage items to electronics and housewares.

Returns 263
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Oroton trebles profit after rigorous cost-control measures

Inside Retail

Luxury fashion retailer Oroton Group says its profit more than tripled on the back of higher sales and stricter cost and inventory management in FY23. The company booked a net profit of $8.2 million in the 12 months ended July 30, up 3.5 times from last year. This comes amid a 25 per cent growth in overall store sales, with same-store sales up by 12 per cent, attributed to investment in in-store experience, additional trading days, and a return to physical retail after the peak of the Covid-19

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The Best and Worst Standard of Living for the Middle Class

Retail Wire

A new economic study suggests that middle class and working class families are experiencing the highest living standards across some of the most costly U.S. cities.

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Are you serious about safety? Contact Dorotape now for all your fire-certified materials

Retail Focus

The use of fire-certified materials is more than just a tick box, they can, and do, save lives and they’re there for that very reason. It’s a duty of care and it’s an area that we here at Dorotape take very seriously. Background. The use of non-fire-retardant materials in recent times has brought into sharp focus the continued need for all industries to ensure the right fire-certified materials are used.

ATS 147
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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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Balenciaga Launches Tech-Enabled Merch that Sings

Retail TouchPoints

Balenciaga is venturing into wearable tech with a new merchandise series that gives consumers exclusive access to media. The luxury fashion house is partnering with EON , a company specializing in Digital ID technology, to embed a custom-produced song by Archive, a London-based trip-hop group, into items from the collection. The Balenciaga Music I Archive merch series includes T-shirts and hoodies and is available in Balenciaga stores and on Balenciaga.com, starting today.

Fashion 263
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Platypus opens 200th store, promises 30 more by June

Inside Retail

Sneaker retailer Platypus has opened its 200th store, marking a “significant” milestone in the company’s history. Platypus has already launched nine new locations this year, with plans to establish an additional 30 by the end of June. Platypus, which was acquired by Accent Group in 2007, currently has 167 stores in Australia and 34 in New Zealand.

Location 264
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American Eagle Shares Plummet After Holiday Sales Forecast

Retail Wire

American Eagle saw its share price drop roughly 17% on Tuesday, sparked by a holiday projection that failed to meet market expectations.

Marketing 264
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Need short-term graphics? Then you need Dorotape

Retail Focus

Every retailer, and every graphics installer, has the need for short-term, self-adhesive window and wall graphics that are easy to remove without leaving any adhesive residue. New Year’s sales are a perfect example of one of those times. We’re happy to report that Dorotape have the perfect solutions. Easy to remove self-adhesive graphics from two market-leading manufacturers.

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How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions? Join us to gain a better understanding of the current retail landscape and learn what you can do to translate personalization strategies into practical implementatio