Sat.Apr 10, 2021 - Fri.Apr 16, 2021

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Getting ready for future-proof retail finance

Retail Dive

As its growth outpaced its technology, here’s how one retailer prioritized digital acceleration to transform its finance function — for seamless agility, flexibility and rapid ROI.

Finance 117
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Retailers: how to avoid over-reliance on discounting

Inside Retail

More than ever, brand marketers are under increasing pressure to reduce reliance on sales, discounting, offers and panic-promotions that undermine profit margins. But with competition fierce, and consumers holding all the purchase power, what can the modern marketer do to reduce discounting tactics while maintaining sales and revenue? Take the affiliate channel: the traditional perception of affiliate and partnership marketing is that it involves a huge amount of discounting, cashback and vouche

Consumer 246
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‘Designed to Explore the Future of Retail’: DICK’S Sporting Goods Debuts House of Sport Concept

Retail TouchPoints

A 17,000-square-foot outdoor turf field and running track, a rock-climbing wall, batting cages and golf hitting bays — these are just a handful of the features adding excitement to the new experiential retail concept — House of Sport from DICK’S Sporting Goods. The first-ever DICK’S House of Sport opened its doors on April 9 in the Rochester suburb of Victor, N.Y.

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Selfridges reopens its doors and invites customers to discover the Joy of experience

Retail Focus

Today, Selfridges reopens its four stores in London, Manchester and Birmingham. Packed with energy and excitement, each store is set to share the most exciting, unique-to-Selfridges experiences and curated products with its customers. While its doors have been closed, Selfridges has been busy dreaming up new ways to invite its customers to reconnect with the pleasure of the unique shopping experience its stores offer.

Outdoor 246
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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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Expert round-up: The state of in-store marketing in 2021

Tokinomo

Retail is changing as we speak. COVID-19, the iceberg that hit the whole retail industry is slowly (too slowly) melting away, but its effects will continue to impact this industry for many years. Innovations, retail tech, providing only the best for customers, offering shoppers amazing experiences, and availability on all channels are all impacting the way retailers sell to customers.

Marketing 244
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Young Australians to boycott brands without sustainable goals: Mastercard

Inside Retail

Since the Covid-19 pandemic forced many Australians to slow down during lockdown, a change in attitude has become apparent. Over half of Aussies (57 per cent) are more mindful of their impact on the environment than ever before, and a number plan to pass this attitude through to their shopping, according to new research from Mastercard. Three in five Australians believe its more important than ever that businesses and brands do their part to help the environment, with 26 per cent of Generation Z

Planning 264

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From bedspreads to flower beds, Homebase partners with Next to launch garden centres

Retail Focus

Home and garden experts Homebase is set to bring the best of its gardening products and green-fingered expertise to a selection of Next stores. This is part of a trial across the country between the two well-loved British brands. Six Homebase garden centres will open in Next stores in Shoreham, Ipswich, Warrington, Camberley, Bristol and Sheffield today, which coincides with non-essential shops reopening.

Outdoor 246
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eCommerce Pricing: How to Price for Marketplaces vs. Your Website

Wiser

Quantity or quality. At the risk of oversimplification, these are the two buckets that make up your eCommerce traffic. You can get a lot of people checking out your brand online. Or you can get the right people. It’s finding that balance that is so critical to success. We’re going to focus on the quality side of things in this blog—specifically, how you can convert more visitors into paying customers through effective eCommerce pricing.

Markdowns 148
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Why Nike is putting used sneakers back on the shelf

Inside Retail

Nike will start collecting and cleaning some of the sneakers that are returned by customers and reselling them at a discount in stores as part of its Nike Refurbished program, which launched on Monday. . Shoes that are returned within a 60-day window will now be inspected by Nike Experts, and if eligible for resale through the Refurbished program, they’ll be cleaned by hand and given a condition grade before they land back in-store at a reduced price. .

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Swarovski Opens Latest ‘Instant Wonder’ Store in NYC

Retail TouchPoints

Swarovski will opened its latest “Instant Wonder” store in New York City’s Rockefeller Center on April 17, continuing its rollout of the new concept designed to reflect the brand’s evolved direction and visual identity. The New York location, which joins Insta-worthy locations in Paris and Milan, is part of 28 Instant Wonder stores scheduled to open in key markets across the globe.

Jewelry 299
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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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Gap Kids pop-up ‘The Little Boutique’ launches in Westfield, White City

Retail Focus

American clothing and accessories retailer Gap have announced the opening of ‘The Little Boutique’, a pop-up GapKids shop located in Westfield, White City. The pop-up will sell clothing and gifts for babies and toddlers (0-5 years), and include many exclusive products not available in other Gap stores. The space will also include a while-you-wait customisation station, where you can add an embroidered name or fun monogram to the items you purchase, making for a truly meaningful gift. 1 of 3.

Boutique 214
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Security Strategies to help your SMB Customers Thrive

Cisco Retail

When talking with your customers about their cybersecurity strategy and investments, being outcome driven is key to their success. You’ll remember back in December we launched our 2021 Security Outcomes Study. This report provided a ton of insightful data on the security outcomes our customers are looking to achieve. This week we launched our 2021 Security Outcomes Study for Small Midsize Businesses (SMBs).

Planning 144
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Gelatissimo to launch in the US, expand at home

Inside Retail

Sydney-based gelato brand Gelatissimo is to enter the US market this year – and will accelerate its expansion plan in Australia. The company is targeting opening 20 locations within Australia and overseas this year, with its American debut scheduled for Houston, Texas, in June, followed by several stores in Hawaii. “Global expansion is at the heart of our strategic plan for 2021/22,” said Filipe Barbosa, CEO at Gelatissimo, in a statement.

ATS 264
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Foot Locker to Offer New Payment Options In-Store

Retail TouchPoints

Foot Locker will offer in-store shoppers a more flexible and convenient checkout experience with the deployment of new technology across its 2,000+ U.S. stores. The specialty athletic retailer has partnered with FreedomPay to deploy its Next Level Commerce platform across its domestic store network, giving customers the option to pay via contactless payment methods and digital wallets including PayPal/Venmo. “We are always looking for ways to create a more seamless customer experience,R

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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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Playful Pangaia pop-up at Selfridges features an ever-changing spectrum of light

Retail Focus

To celebrate the launch of Pangaia at Selfridges, installation specialists Diagon and designer Bevan Roper have unveiled a brand-new retail environment for the material science brand. Housed in the world’s most famous department store, the space will provide an immersive customer experience, as retailers reopen their doors following months in lockdown.

ATS 214
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Reimagining the Internet for the Digital Economy

Cisco Retail

As Asia Pacific becomes home to innovation and growth in this digital era, a decade where industry 4.0 vision will be realized. It is time to move past the legacy and layered network architecture to evolve SP networks into a digital platform that is enabled to create value plays for each enterprise vertical that benefits from a digital connection. The world is waking up to 5G.

Fashion 136
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Korean fashion house ADLV lands in Australia this May

Inside Retail

Korean clothing brand Acmé de la Vie (ADLV) is launching its first brick and mortar store in Australia this May at QV Melbourne, ahead of a local online store. ADLV co-founders Jinmo and Jaemo Goo launched the streetwear business in 2017, and opened its first store in Korea’s Gangnam district. Since then, the brand has launched more than 50 stores in Asia and collaborated with Disney, Pink Fong, Kakaotalk and The Simpsons.

Fashion 262
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Lamps Plus Promotes COO to President

Retail TouchPoints

Lamps Plus has promoted COO Clark Linstone to the role of President, effective immediately. In his new position, Linstone will maintain the responsibilities of COO while overseeing all business operations, stores and distribution center operations. He will continue to report to Founder and CEO Dennis Swanson. Linstone has been with Lamps Plus for more than 30 years.

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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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Anya Hindmarch to launch destination for experiences, collaborations and exhibitions

Retail Focus

The Village, launching on Monday, 17 th May 2021, is the realisation of a long-held dream by Anya Hindmarch, one of Britain’s most successful designers. The Village will be a collection of five neighbouring Anya Hindmarch stores located just off Cadogan’s Sloane Street, which is the original home of the Brand. It will be the destination for Brand experiences, collaborations and exhibitions, all of which will be amplified digitally.

Location 214
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You Put a Spell on Me: GFN Thursdays Are Rewarding, 15 New Games Added This Week

Nvidia

This GFN Thursday — when GeForce NOW members can learn what new games and updates are streaming from the cloud — we’re adding 15 games to the service, with new content, including NVIDIA RTX and DLSS in a number of games. Plus, we have a GeForce NOW Reward for Spellbreak from our friends at Proletariat. Rewards Are Rewarding. One of the benefits of being a GeForce NOW member is gaining access to exclusive rewards.

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“Talent knows no limits”: LVMH on hiring people with disability

Inside Retail

With one billion people, or 15 per cent of the world’s population, having some form of disability, according to data from The World Bank, hiring workers with additional needs makes sense for businesses and helps boost economic growth. For multinational beauty retailer Sephora, which recently announced that it is increasing the number of people with disability (PWD) in its workforce to 30 per cent, it’s essential.

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NRF: Retail Sales Rose 17.7% YoY in March as Recovery Accelerated

Retail TouchPoints

As COVID-19 vaccine rollouts continued and government checks generated more spending power, retail sales rose 17.7% YoY and 7.4% from February 2021 in March 2021 according to data from the National Retail Federation (NRF). The Census Bureau’s outlook was even rosier, with estimates putting monthly retail sales 27.7% higher YoY and 6.7% over the previous month.

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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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All-in-one fresh foods market, catering and event location BRIDGE opens in Zurich

Retail Focus

Interstore | Schweitzer has created and implemented the new 2000 m² BRIDGE market Flexstore concept in Zurich for the largest Swiss retail company, Migros. BRIDGE market has been conceived as the connector between a diverse fresh food market, creative catering with products from local partners and a wide range of events. Located in a strategic hub easily reached by train, BRIDGE attracts both travellers as well as local foodies wanting to make sustainable purchases at the new food Mecca & di

Location 205
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Cisco encourages girls to consider a career in STEM for International Girls in ICT Day

Cisco Retail

Together with its employees, Cisco recognizes International Girls in ICT Day, held on April 22, 2021, with the aim of inspiring girls and women to consider studying science, technology, engineering, and math (STEM); and consider a career in technology at this critical time. Global figures show a startling economic disparity ; with women losing jobs at almost twice the rate of men and leaving 47 million more women and girls below the poverty line.

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Impossible Foods is coming: Behind the US juggernaut’s Australian launch

Inside Retail

Impossible Foods, the US business famed for its plant-based alternative now at Burger King in the States, has been reported to go public within the next 12 months. Sources familiar with the matter informed Reuters that Impossible Foods Inc is exploring an initial public offering (IPO) which could value the business at around $10 billion, highlighting the growing demand for plant-based meat products globally.

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Target, Walmart Make Investments to Enhance Last Mile Delivery

Retail TouchPoints

Both Target and Walmart have announced new investments in last mile delivery technologies, highlighting the growing importance of fulfillment in the post-COVID environment. Target is testing out a new localized delivery system via a pair-up of its new sortation center in Minnesota and its Shipt delivery service that it hopes will speed up delivery times.

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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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Ribble Cycles launches state of the art flagship showroom

Retail Focus

Ribble, a digital first business and renowned bicycle manufacturer has opened a brand new destinational flagship showroom in the heart of the Ribble valley, Lancashire. The 2,000sq ft state of the art showroom has been designed to showcase Ribble’s complete award-winning and critically acclaimed bicycle range and provides a brand new bicycle retail proposition blending digital with the physical to create a unique, totally immersive and all-sensory consumer experience. .

Consumer 204
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Convenience retailers need to improve their use of data

Talking Retail

The convenience sector needs to improve its use of data in order to compete with Amazon, which could be the 6th largest supermarket if current shoppers swapped just one grocery shop per month, new research indicates. The TWC Trends Spring 2021 Report, from intelligence and technology consultancy TWC, highlights that the online delivery trend is. This story continues at Convenience retailers need to improve their use of data.

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Klarna, Flybuys partner to triple Australians’ loyalty rewards

Inside Retail

Buy now Pay later firm Karna and loyalty program Flybuys are partnering to allow customers to earn reward points for every dollar repaid through through the BNPL platform. Starting in May, Flybuys’ members can use the Klarna app online and in-store and shop, and when making their repayments can earn 1 ‘vibe’ per dollar repaid, which convert to 3 Flybuys points.

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Latana Uses Machine Learning to Help Retailers Track Their Marketing’s Impact

Retail TouchPoints

Latana offers AI-powered brand tracking designed to help retailers make better marketing decisions with scalable insights. The solution provider’s machine learning technology can accurately track retailers’ brands to provides deep audience segmentation. One area Latana’s dashboard can track is sustainability, which can help retailers manage consumer sentiment regarding their efforts in this area.

Consumer 279
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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.