Sat.Feb 26, 2022 - Fri.Mar 04, 2022

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Understanding Hidden Costs and Fees When Working with Retailers

Rangeme

For suppliers working with retailers for the first time, the costs and charges they face can come as a nasty surprise. One recent study in the U.K. found that supermarkets make as much as a third of their profits each year from the fees they charge their suppliers. And this is an international issue: suppliers around the world face similar problems.

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Top 6 microservices patterns

Mulesoft

Once considered one of the hottest up-and-coming technologies, microservices have now seen widespread adoption as a way to deconstruct the large, complex infrastructures within organizations across industries. Traditional applications act as monoliths, meaning that they are single self-contained artifacts, while a microservice-based application is made up of several building blocks that can be composed together […].

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Protected: The Complicated Marketing of Health and Wellness In-Store?

Medallion Retail

There is no excerpt because this is a protected post. The post Protected: The Complicated Marketing of Health and Wellness In-Store? appeared first on Medallion Retail.

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Lids opens quartet of UK stores as part of international expansion

Retail Focus

US-based sports retailer Lids has opened its first four European stores – adding 234 sqm to its UK footprint. The launch forms part of a wider plan to increase the brand’s international presence, representing the first of many physical stores planned across the continent. The vision for the initial quartet of retail outlets has been brought to life by commercial interiors specialist Agilité Solutions – which completed the fit-out of shops in Covent Garden and the 02 Peninsula Square in London, L

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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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How Can Brands Capitalize on NFTs? VC Firm Spotlights 3 Trends

Retail TouchPoints

The NFT space is heating up, and brands across the retail realm are eager to show their innovation in the quickly blossoming category. Just look at the Super Bowl’s roster of advertisers for a small sampling of the diverse brands diving head-first into the metaverse. As demand on the brand side increases, so does demand on the creator side. That’s why firms like Panoramic Ventures are focusing on investing in companies that support the acceleration of the NFT and blockchain market.

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ABS data shows a retail rebound in January

Inside Retail

Retail sales surged by 6.4 per cent in January, according to data released by the Australian Bureau of Statistics today. Sales of clothing, footwear and personal accessories also recorded a 7 per cent year-on-year increase, while sales by restaurants, cafes and takeaway services rose by 6.2 per cent, and of household goods by 5.9 per cent. Food retailing recorded the largest monthly increase since last July, up by 4.5 per cent in January. .

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Ikea opens doors on first UK high street small-format site

Retail Focus

Ikea opens its first city centre store in the UK today with the company’s boss saying he hopes it will mean shoppers come to the retailer more often. Customers will be able to buy home accessories and soft furnishings at the new site in Hammersmith, west London, but they will also be able to see entire room sets and order beds, wardrobes and bookshelves for home deliveries.

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Fabletics to Open 30 Stores in 2022, Hold Belated Grand Openings for 22 Existing Stores

Retail TouchPoints

Fabletics will open 30 new store locations in 2022 as it continues building out its omnichannel presence. The retailer also will celebrate a series of belated Grand Re-Opening events on March 5 for the 21 Fabletics locations that have opened since early 2020 but had their festivities delayed due to the COVID-19 pandemic. The addition of the new locations will bring Fabletics’ global brick-and-mortar footprint to more than 100 stores by the end of the year.

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David Jones struggles through a tough first half

Inside Retail

Lockdowns and store closures have severely affected David Jones’ first-half performance, with sales turnover and concessions declining by 9.2 per cent. Online sales rose 44.2 per cent however, and contributed 28.1 per cent of total sales during this period, and comparable store sales fell 9 per cent – only to pick up in the last six weeks of the period, including Boxing day sales, growing 3.2 per cent. .

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Customer insights: How to collect and take advantage of customer data

Tokinomo

Considering how competitive and ever-changing the retail industry is, retailers need to find better ways to entertain and delight their customers. It’s important to take advantage of opportunities and better understand their shoppers if they want to stay on top of the competition.

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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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Moss Bros. and Sketchers set to open in Woking this spring

Retail Focus

Victoria Place in Woking, co-owned by Woking Borough Council and Moyallen Group, has announced the signing of Moss Bros. and Skechers, with both brands set to open later this spring. Opening on Henry Plaza, which forms part of the £700 million redevelopment of Woking town centre, Moss Bros., will occupy a 2742 sq ft boutique stocking its full collection of versatile clothing, footwear and accessories.

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Incorporating Online Meal Planning Solution Boosts Transaction Completion 5X for Grocery Retailer

Retail TouchPoints

Reasor’s Foods has reduced cart abandonment among its online shoppers with the deployment of a white-label meal planning solution from GroceryShopii. Since integrating the solution into its RecipeToTable meal planning option in summer 2021, shoppers using it are 5X more likely to complete their ecommerce transactions compared to non-users. These consumers also make twice as many visits to the Reasor’s site and spend 8.6% more when recipes drive their shopping experiences.

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Her Black Book raises $1.6 million three months after launch

Inside Retail

Premium fashion shopping app, Her Black Book, has bagged $1.6 million in an oversubscribed round led by Andrew Hagger, the CEO of Australia’s largest private investment group Tattarang. The equity round, joined by Afterpay-backed Touch Venture, raised Her Black Book’s value by 50 per cent compared to its pre-launch capital raise. The three-month-old app was founded by Sali Sasi and Julie Stevanja, who is also the founder of activewear giant Stylerunner.

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Amazon Fresh associates push for $25 an hour minimum

Retail Wire

Workers at an Amazon Fresh store in Seattle are calling on their fellow associates to get behind a push to organize the workplace. The associates seek higher pay (a $25 an hour minimum), longer breaks, a more flexible attendance policy and other benefits. Current starting pay at the store is $18.25 an hour.

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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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What Is GauGAN? How AI Turns Your Words and Pictures Into Stunning Art

Nvidia

GauGAN , an AI demo for photorealistic image generation, allows anyone to create stunning landscapes using generative adversarial networks. Named after post-Impressionist painter Paul Gauguin, it was created by NVIDIA Research and can be experienced free through NVIDIA AI Demos. How to Create With GauGAN. The latest version of the demo, GauGAN2, turns any combination of words and drawings into a lifelike image.

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Ukraine Crisis: Retailers React With Direct Support, Charitable Efforts and Product Boycotts

Retail TouchPoints

Retailers across the globe are reacting to Russia’s invasion of Ukraine in multiple ways: some are refusing to carry Russian products like certain vodka brands; others are donating to relief efforts; and those with close ties to either Russia or Ukraine are monitoring the situation. Additionally, reported claims that Italian fashion companies were seeking exemptions from Russian sanctions have been denied by officials, according to WWD.

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Oroton to offer circular wardrobe service online, with AirRobe

Inside Retail

Luxury fashion company Oroton Group has announced a new partnership with digital circular wardrobe brand AirRobe from this month. In a bid to enhance its circular commitment, Oroton has incorporated AirRobe’s innovation by allowing customers to resell, rent, recycle or donate their purchases. For items that are listed as resale or rent, customers will be provided with a resale quote at the time of sale in order to chart the item’s future value in the circular economy.

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Workers at REI store vote to join a union

Retail Wire

Associates working at an REI store in Manhattan’s SoHo neighborhood have voted 88 to 14 to join the Retail, Wholesale and Department Store Union. The store is the first REI location to employ workers represented by a union. The push for a union at the store began when workers felt that fellow associates who pushed for increased safety measures in response to the pandemic were prevented from returning to work after the store reopened following a temporary closure.

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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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Automation with Any Tooling on Any Interface

Cisco Retail

Terraform expands into the extensive Cisco IOS XE programmability and automation ecosystem. IOS XE’s vast, programmable feature set. The Cisco IOS XE ecosystem is programmatically managed and supports a variety of tooling. This includes Ansible to YANG Suite, pyATS over NETCONF, RESTCONF, gNxI, and even with legacy CLIs. With the addition of the new Cisco IOS XE Terraform provider, we add an additional tool into the IOS XE configuration management toolbox.

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New Marketplace The Host Co. Wants to Make Airbnb Amenities Shoppable

Retail TouchPoints

Around the world there are more than 10 million short-term rental properties on the market through platforms like Airbnb and Vrbo. Former HGTV producers turned Airbnb Hosts Annie Sloan and Mikel Hubbard want to make those spaces shoppable with their new online marketplace The Host Co. , which helps hosts create an online store to sell anything in their property — from the snacks in the fridge to the art on the walls.

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Puma, Modibodi in global partnership to help sportswomen stay in the game

Inside Retail

Puma and Modibodi have partnered to launch an underwear and activewear range that helps women stay active and comfortable during their period. The collection will counter the growing problem of disposable feminine products polluting the environment by replacing them with long-term reusable and sustainable alternatives. Erin Longin, global director Run/Train at Puma said that it is important for Puma as a global brand to address the issue.

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The nature of tech work has changed

Retail Wire

Skilled technology workers found they liked the added flexibility that came from working at home during the pandemic. Many have little or no interest in going back to the office full time now that medical safety restrictions are being lifted. This new way of working poses challenges for employers but also opens up opportunities to recruit talent with fewer limits when it comes to geographical distance.

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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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Cisco stands on guard with our customers in Ukraine

Cisco Retail

Summary. As the Russia-led invasion intensifies, Ukraine is being attacked by bombs and bytes. Cisco is working around the clock on a global, company-wide effort to protect our customers there and ensure that nothing goes dark. Cisco Talos has taken the extraordinary step of directly operating security products 24/7 for critical customers in Ukraine while over 500 employees across Cisco have come together to assist in collecting open-source (public) intelligence.

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Do Retail Algorithms Enhance Efficiency or Exclusivity?

Retail TouchPoints

Without question, the pandemic has changed the way consumers shop. The number of online purchases has skyrocketed, with many people embracing the “click-and-collect” method. On the business side meanwhile, retailers are now expected to deliver services that are not only convenient and safe but also more personalized. To that point, it has been reported that 91% of consumers now prefer brands that offer recommendations and deals relevant to them as individuals.

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Russian liquor pulled from shelves in response to invasion

Inside Retail

Australia’s largest two liquor retailers have begun destocking Russian vodka from the shelves of retail stores, joining vendors across New Zealand, Canada, the US, and some European markets in response to Russia’s invasion of Ukraine. Coles told Inside Retail that the company took steps to remove Russian products from the shelves of its Liquorland, Vintage Cellars and First Choice stores last night.

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Growing list of brands cut ties with Russia over Ukraine war

Retail Wire

Adidas, Apple, Boohoo, BP, Burberry, Disney, H&M, IKEA and Nike are just some of the prominent brands that have cut ties with Russia following its invasion of Ukraine. Many companies, including those not trading in or with Russia, have donated to international relief efforts to support the one million-plus refugees that have fled Ukraine.

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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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Network as a Service: The changing face of NetOps

Cisco Retail

Next era of networking roles. Brace or embrace. Slightly oversimplified, but in my estimation, those are two of the primary choices we all have when it comes to the change and evolution of our job roles. For years, actually, decades is more accurate, network admins, architects, engineers, and strategists have experienced the familiarity of generally stable job descriptions.

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Dollar General Expansion Plans Expected to Create 10,000 Net New Jobs

Retail TouchPoints

Dollar Genera l has announced plans to create approximately 10,000 net new positions during fiscal 2022, a 6% increase of its total workforce. This hiring surge is credited to Dollar General’s forecasted growth of new stores, distribution centers and its private fleet. Dollar General’s fiscal year ends Feb. 3, 2023. In December 2021, Dollar General announced plans for significant expansions and upgrades to its store footprint, including: • More than 1,000 new store openings; • 1,750 store remode

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Coles partners with Wing to deliver groceries via drone

Inside Retail

In a pilot, Coles supermarkets has partnered with drone-delivery service Wing to deliver popular grocery items to consumers. . Customers in Canberra can choose from more than 250 items including bread, fresh produce, snacks, convenience meals, health care items, and kitchen essentials and have them delivered by a drone in minutes. Coles chief executive e-commerce, Ben Hassing, described drones as the next evolution in delivery technology, saying it will help reduce the number of trucks on the ro

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Wealthy Russians shop for luxury goods as financial hedge

Retail Wire

Wealthy Russians are buying luxury watches and jewelry in an attempt to hold onto their savings outside the reach of international sanctions against their country. Bulgari has seen sales jump since Russia’s invasion of Ukraine. “In the short term it has probably boosted the business,” said Jean-Christophe Babin, Bulgari CEO. “How long it will last it is difficult to say, because indeed with the SWIFT measures, fully implemented, it might make it difficult if not impossible to export to Rus

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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.