Retail Focus
MARCH 8, 2022
It is now widely accepted that the role of retail destinations has evolved considerably. Changes that had taken hold in the last decade have been accelerated by the pandemic and by the ensuing change in consumer habits. The response both from the retail industry and the real estate owners/investors has been widespread and varied. But the common theme is ‘relevance’.
Retalon
MARCH 7, 2022
Written by Mark Krupnik, CEO at Retalon. Read the original article published on Forbes here. Mark Krupnik, PhD, is one of the world’s top experts in advanced analytics & AI for retailers. He is the founder and CEO at Retalon. Store closures? You might think, “That has nothing to do with us. We can’t die. We are too big; our brand is iconic,” and so on.
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Retail TouchPoints
MARCH 7, 2022
Many eyes have been turned lately toward “ the metaverse.” But while the metaverse is certainly the topic du jour , it’s not necessarily as “new” as the media furor might suggest. Even more important, it might not actually warrant “top priority” status for most brands and retailers. . Want to learn more about the metaverse? Check out the upcoming Retail Innovation Conference & Expo where some of the leading minds in ecommerce and tech will be talking all things meta-commerce.
Inside Retail
MARCH 8, 2022
Premium fashion brand Boss has collaborated with NFT company Boss Beauties to introduce the Boss x Boss Beauties Dream Like a Boss program, which aims to mentor young women. One of the Boss Beauties NFTs is on auction until March 12 and the revenue will be donated to the co-created mentorship program. In addition, a limited-edition T-shirt featuring the NFT is being sold on Boss’s website, with a share of sales going to the Dream Like a Boss program. .
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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.
Retail Wire
MARCH 11, 2022
Consumers in search of cheap gas may make their way to retailers such as BJ’s Wholesale Club, Costco and Sam’s Club to fill up their tanks. That may not be all good news for these chains as many sell fuel at very low margins and even sometimes at a loss.
Tokinomo
MARCH 8, 2022
Brands and retailers want the same things: build brand loyalty and drive sales. However, this is not an easy challenge. Most of the time, retailers and brands invest a lot of money in various types of promotions to increase brand awareness and sales.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Inside Retail
MARCH 10, 2022
Fashion and lifestyle retailer The Iconic has added Danish toy brand Lego to its assortment of brands. Parents can now shop Lego collections by a range of online filters including popular themes like Lego Star Wars, Lego Harry Potter and Duplo. The brand has also launched a dedicated edit for adults who want to get creative with the popular toy bricks.
Retail Wire
MARCH 8, 2022
Russia’s invasion of Ukraine has prompted many Western companies to suspend operations in the country, but not all. Yale University professor Jeffrey Sonnenfeld and his research team have compiled a list of companies still doing business in Russia that includes Coca-Cola, McDonald’s and Starbucks. Eighty-five percent of McDonald’s restaurants in Russia are corporately owned and operated.
Retail Focus
MARCH 8, 2022
Frasers Group plc has opened the doors to its latest FLANNELS store in Preston. The next generation luxury retailer continues with the commitment to investing in retail and bringing world-class shopping destinations to new locations throughout the UK. Situated in Deepdale Shopping Park, the 15,000 sq ft. site will house a selection of carefully curated men’s, women’s and junior luxury designer clothing and accessories from some of the most coveted luxury names in fashion, including Alexander McQ
Retail TouchPoints
MARCH 9, 2022
It’s no secret that malls are struggling for relevancy. Once the “it” hangout spot for elderly mall walkers and teenyboppers alike, many malls have been left in the dust by rapid shifts in the way consumers live, work and shop. In mid-2021 Moody’s Analytics predicted that of the roughly 1,000 or so traditional malls left in the U.S., 20% would close or go through a “major repurposing” in the very near future, and other analysts have predicted closure rates closer to 30%.
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
MARCH 6, 2022
Woolworths Group says it will open a large Big W store alongside its refurbished Woolworths supermarket at Sydney’s Town Hall later this year. The group has invested more than $10 million in the new store, hoping to help reinvigorate the city’s CBD as Covid restrictions ease. With the two brands under one roof, city residents and commuters can pick up a broad range of products along with grocery essentials on the go.
Retail Wire
MARCH 7, 2022
Fast Retailing, the parent company of Uniqlo, will keep its stores in Russia open even as others have suspended operations over Russia’s invasion of Ukraine. “Clothing is a necessity of life. The people of Russia have the same right to live as we do,” said Fast Retailing CEO Tadashi Yanai.
Retail Focus
MARCH 7, 2022
LK Bennett has announced the opening of their new Flagship store at 95-96 New Bond Street. The new store follows a fluid, open-plan layout, that combines fresh, contemporary comfort with sleek and deliberate detailing. The store utilises custom-built fittings and fixtures created to enhance and elevate the customer shopping experience, LK Bennett New Bond Street will showcase new collections, as well as much-loved carry-forward pieces, and is a true example of the rejuvenation that the British h
Retail TouchPoints
MARCH 9, 2022
Lululemon has kicked off its first footwear collection after more than 20 years of focusing on athleisurewear. Starting with the introduction of women’s styles on March 22, Lululemon will introduce the first design, named Blissfeel, a running shoe with foam cushion technology, in North America, China and the UK. The shoe will launch in 10 colors. “Footwear is the natural next step for us to expand and apply our long history of innovation in fit, feel and performance, and it represents an exciti
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
MARCH 7, 2022
Youth streetwear retailer Glue store has launched an in-store footwear recycling program and a circular wardrobe in partnership with AirRobe. . The brand has partnered with TreadLightly, a recycling initiative powered by the Australian Sporting Good Association (ASGA) and recycler Save our Soles (SOS), to encourage customers to divert their used footwear to recycling plants rather than landfill.
Retail Wire
MARCH 7, 2022
The Stoli Group is undergoing a “major rebrand” that will see it end “the use of the Stolichnaya name. “While I have been exiled from Russia since 2000 due to my opposition to Putin, I have remained proud of the Stolichnaya brand,” said Yuri Shefler, the brand’s founder. “More than anything, I wish for ‘Stoli’ to represent peace in Europe and solidarity with Ukraine.
Retail Focus
MARCH 11, 2022
At a glittering awards celebration in London, the VM & Display Awards winners were announced. Suppliers and retailers gathered at the Leonardo Hotel St Pauls to honour the very best in retail visual merchandising and display. The winners and shortlisted entries from the awards can be seen below: BEST USE OF INSTORE GRAPHIC/SIGNAGE. Sponsored by Mega Creative.
Retail TouchPoints
MARCH 9, 2022
Disruptions to the supply chain, shifts in customer behavior, and even unexpected weather events are impacting retail sales across ecommerce and brick-and-mortar — changing where, when, how and why customers purchase. It’s those retailers that can most quickly and accurately react to these turbulent market forces and behaviors that are creating the most innovative and positive customer experiences.
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
MARCH 10, 2022
Australian supermarket chain Woolworths has changed the labelling of its own brand Chicken Kievs to Chicken Kyiv to reflect its true name in Ukrainian spelling to align with the nation’s capital city and show solidarity with its people. For the next four weeks, the supermarket will donate 50 cents from each pack sold to the Australian Red Cross Ukrainian Crisis Appeal.
Retail Wire
MARCH 11, 2022
Fast-fashion chain Primark has no plans to enable online ordering with delivery. It may, however add a buy online and pickup in-store service in response to changes in consumer shopping behavior. The chain plans to launch a new website in the UK and 13 other markets by the end of the month.
Retail Focus
MARCH 7, 2022
Buyer or consumer loyalty is the holy grail of B2C and B2B. The average B2B brand gets 30% of its total revenue from loyal customers. Numerous well-researched strategies provide fruitful results – but brands need to measure the success to maximize the potential of buyer loyalty strategies. Plus, there are benefits of going further to ensure loyalty programs are working – acquiring a customer is 25 times more expensive for a brand, but successfully retaining loyal ones can increase pr
Retail TouchPoints
MARCH 8, 2022
Whether they’re shopping for clothes, toys, books, furniture or electronics, consumers shopping for baby items can easily be overwhelmed by the volume of information available — especially online. For more than a decade, Babylist has helped make researching, registering and buying items more seamless, thanks largely to its robust content strategy. Now, as its users rely more on digital channels and content to make buying decisions, Babylist is reaching a new frontier of engagement with its Cribs
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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
MARCH 10, 2022
Technology company Shippit has teamed up with Uber to launch one-hour shipping in Australia. Although one-hour delivery is hugely popular with grocery supplies, it is a first for Australian fashion retailers to offer patrons delivery within such a limited time window. The one-of-a-kind partnership will use Shippit’s software to access more than 50,000 delivery partners across the country. .
Retail Wire
MARCH 10, 2022
Amazon.com’s announced 20-to-1 stock split will make the company’s shares more accessible to individual investors. The company also announced that would buy back $10 billion of its shares.
Wiser
MARCH 8, 2022
Keeping your field teams invested is one of the most beneficial things you can do for your brand. After all, your reps on the ground do spend the most time interacting with buyers and retailers. Building a lasting relationship with these employees and ensuring they feel connected to their company can raise morale and retention rates, increase customer satisfaction, and even boost overall company sales.
Retail TouchPoints
MARCH 7, 2022
Fresh is best for premium natural pet food brand Lily’s Kitchen , and refreshing its ecommerce strategy through subscription offerings has resulted in increased sales generating recurring revenue. Partnering with technology provider Ordergroove in April 2021 shifted 10% of Lily’s Kitchen total sales to its subscription experience by June 2021, and by the end of the year, subscriptions were generating 20% of the brand’s monthly sales.
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
MARCH 10, 2022
After a rollercoaster six months of lockdowns, Christmas and Omicron, department store Myer yesterday delivered a strong half year result with net profit up 55 per cent and its first dividend payment since FY17. Much of this came from customers who are members of the Myer One loyalty scheme – with 70 per cent of all sales coming through the program.
Retail Wire
MARCH 10, 2022
Research by Schick, owned by Edgewell Personal Care, finds that aspirational marketing doesn’t work as well as it once did. Today’s consumers are “just more sophisticated in their understanding of marketing and media,” said Matt Bell, svp and general manager of Edgewell’s shaving business in North America. “They’re craving an authentic voice that isn’t trying to sell them a fantasy, but instead can show them reality.”.
Cisco Retail
MARCH 11, 2022
It’s Pi Day, everyone — my favorite crowd-sourced holiday. And not just because of my deep affection for fruit/sugar-filled pastries. Nope, since it was first released ten years ago, I’ve loved the Raspberry Pi microcomputer. So, when I was asked if I had any ideas for a Pi-Day blog, I knew exactly what I wanted to write. So, I bring you… 5 Reasons a Raspberry Pi Belongs in Your Network Lab!
Retail TouchPoints
MARCH 8, 2022
Global fashion luxury group Capri Holdings changed course this week as it announced the departure of Michael Kors CEO Joshua Schulman. The news of Schulman leaving Capri, which also owns Versace and Jimmy Choo , was accompanied by an announcement that Capri Chairman and CEO John D. Idol would remain at the helm. Shareholders did not respond well to the news; CNBC reported Capri Holdings shares fell 15% on Monday, March 7.
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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