Wed.Dec 13, 2023

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Big Data in Retail: A Revolution [Use Cases and Examples]

Tokinomo

The retail industry is an ever-changing landscape. How do big data and retail combine? The global big data analytics in retail market size was valued at $4,854 million in 2020 and is projected to reach $25,560 million by 2028. This shows us the importance of big data in retail.

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6 Trends Driving Store Design Innovation in 2024

Retail TouchPoints

After years of lockdowns and digital-driven behaviors, consumers’ actions have shown how crucial the store experience is to how they shop and interact with brands. So it’s no surprise that 47% of executives believe that store design and experience have become more critical to their brand strategy over the past year, according to Retail TouchPoints research.

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Teen Social Media Use Is Skyrocketing, Pew Research Reveals

Retail Wire

Social media use by teens is at an all-time high.

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Beyond Shopping: How Retailers can Turn Stores into Experiential Hubs

Retail TouchPoints

Despite the surge in online shopping, physical stores remain essential for retailers, providing a space for customers to interact with products and build deeper brand connections. A well-designed store can create a memorable brand experience that strengthens customer loyalty. This is crucial considering a recent Publicis Sapient report on customer loyalty , based on a survey of over 8,000 consumers across six countries, revealed that 52% of global consumers report having slight to no brand loyal

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Fawkner Property to acquire Cairns Central for $390 million

Inside Retail

Fawkner Property has agreed to acquire Cairns Central from Lendlease-managed Australian Prime Property Fund Retail (APPF Retail) for about $390 million. The largest shopping centre in Far North Queensland, Cairns Central boasts 51,972sqm of gross lettable area and more than 180 tenants including Myer, Woolworths, Coles, Kmart, Target, and Event Cinemas. “With the strategic divestment of this asset, APPF Retail will be able to close out the remaining redemption requests in the fund, providi

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Google Pay to Add BNPL Options Early in 2024

Retail TouchPoints

Google Pay will make buy now, pay later (BNPL) options available for online and mobile payments in the U.S. next year. Google Pay has partnered with Affirm and Australia-based Zip and will begin offering their pay-in-four services on Android devices early in 2024. BNPL got a boost as consumers worldwide grappled with inflation, and experts identified multiple BNPL growth opportunities in August 2022.

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Despite ‘Treecrastination,’ Shoppers Can Still Find the Perfect Christmas Tree

Retail TouchPoints

For some consumers, the holiday season starts as early as October. Others, however, procrastinate in all areas – even when it comes to getting a Christmas tree. In fact, new research conducted for the Real Christmas Tree Board found that 4% of consumers wait until as late as the third week of December — and even Christmas Eve — to buy a Christmas tree.

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Woolworths’ Petstock takeover cleared to proceed

Inside Retail

Woolworths will not face opposition from the Australian Competition & Consumer Commission (ACCC) to acquire a 55 per cent stake in Petstock – the country’s second-largest specialty pet retailer. The ACCC said that it accepted Petstock’s court-enforceable undertakings to divest several assets, which Woolworths supports, to address competition concerns.

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Gilt Groupe, Stitch Fix, Casper Team Up to ‘Fill the Off-Price Void’ with new AI-Powered Shopping App

Retail TouchPoints

DTC brands Gilt Groupe , Stitch Fix and Casper have teamed up to create a new feed-based, discovery-driven shopping app called Yaysay that is designed to elevate and gamify off-price shopping online. Image courtesy Yaysay The mobile app uses AI technology to deliver shoppers a personalized feed of off-price “fashion gems,” refreshed every day with brands such as ALC , Simkhai , Loeffler Randall , Chloe , Loewe , Isabel Marant , Acne , Vince , Ganni and hundreds more at up to 70% off. “With

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Ferguson Plarre opens flagship store in Chadstone

Inside Retail

Victorian bakery chain Ferguson Plarre’s Bakehouse has unveiled its new flagship store at Chadstone Shopping Centre in Melbourne. The ground floor, Market Pavilion store features a newlook fit out, with curved walls and exposed time battens creating a modern, welcoming ambience. The design, by Hayden Hamuaha and the team at Zone Design, is an extension of Ferguson Plarre’s new aesthetic for new and remodelled stores.

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Modernizing the Frontend Experience on Salesforce Commerce Cloud

Unlock agility, boost performance, and gain control over your Salesforce frontend with the latest masterclass from Composable.com : Modernizing the Frontend Experience on Salesforce Commerce Cloud Featuring experts from Algolia, Ember, Netlify, and Stripe, this masterclass focuses on practical strategies for optimizing your Salesforce Commerce Cloud storefronts using modern composable commerce integrations.

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Walmart, Amazon, and Target to Stop Selling Dangerous Water Bead Toys

Retail Wire

The brightly colored balls can pose a dangerous hazard to children if ingested.

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Coldwater Creek Aims to Futureproof its Business with New Website

Retail TouchPoints

Women’s DTC specialty retailer Coldwater Creek has unveiled a new ecommerce website featuring a modernized look and tech stack. The new website was built on the BigCommerce platform with help from digital commerce agency CQL. It features an elevated look and customer experience with nature-inspired color palettes, intuitive navigation, engaging imagery and immersive storytelling to enrich the shopping experience.

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What’s driving the explosion of Australian retail acquisitions?

Inside Retail

Australian brands appear to be in demand in global retail, attracting substantial interest from both domestic and international investors, who have splashed out huge dollar sums to acquire some of the country’s most successful businesses. In August, global private equity firm Advent International reportedly acquired a majority stake in designer dress label Zimmermann for over $1 billion, a first for any Australian fashion brand.

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How to Make your Beauty Routine More Eco-Friendly

Retail TouchPoints

As each year passes, climate change is becoming more apparent around the world. And no matter how relatively small they may seem, our individual choices matter and can contribute to climate disruption. With that in mind, one habit to consider paying extra attention to is your beauty routine. A recent report states that brand transparency regarding environmental sustainability remains a top priority for cosmetics and personal beauty care consumers.

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Website Security Essentials: Protect Your Site and Strengthen Cybersecurity

In a digital-first world, website security is non-negotiable. This comprehensive guide explores the critical importance of securing your site against hackers and vulnerabilities like SQL injection, XSS, and malware. Discover tools like SiteLock for threat monitoring and CodeGuard for seamless backups, ensuring robust protection for your data and operations.

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Etsy Announces Major Layoffs, Leading to a 7% Fall in Shares

Retail Wire

Amid a challenging economic and competitive landscape, Etsy is implementing cost-cutting measures at the peak of the holiday season involving laying off 11% of its workforce, which equates to approximately 225 employees.

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Emma Sleep faces court over misleading prices

Inside Retail

Bedroom furniture supplier Emma Sleep and its subsidiaries are facing court proceedings for alleged misleading representations in the advertising of its products. The Australian Competition & Consumer Commission (ACCC) alleged the company “enticed” consumers to buy its products by offering misleading discounts or savings between June 15, 2020 and March 27, this year.

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US Auto Safety Officials Implement Drunk Driving Prevention in Vehicles

Retail Wire

All news cars might help in preventing drunk driving.

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How Shein is winning the fast-fashion war by putting consumers in charge

Inside Retail

With Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how are the two fast-fashion pioneers responding to the current market leader, Shein? Shein has a huge valuation and is primed for an IPO. With sales almost entirely online, the retailer generated about US$23 billion in global revenue in 2022, according to research firm Coresight.

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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FCC Proposes Sweeping Revisions to Cable Providers’ Billing Practices

Retail Wire

In a bold move aiming to improve competition and curb so-called “junk fees,” the Federal Communications Commission (FCC) has put forth a proposal that could significantly alter the cable television industry's billing practices.

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Why US retailers are embracing a more inclusive holiday season

Inside Retail

When consumers search for holiday content online and in stores, they are still more likely than not to encounter Christmas-themed movies, home decor and gifting items. But that is beginning to change, as American institutions increasingly embrace multicultural festivities. According to a report by global data and business intelligence platform Statista , retail sales over the 2023 holiday season are projected to be between $957.3 billion and $966.6 billion, a marked jump from $929.5 billion in r

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Delta Passengers Stranded in Remote Canadian Town

Retail Wire

More than 270 passengers were temporarily diverted to Goose Bay, Newfoundland, after an in-flight emergency.

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Conserving Beauty solves the industry waste crisis with dissolvable wipes

Inside Retail

With a crackdown on single-use face wipes imminent, Australian beauty brand Conserving Beauty has a patented solution for the industry’s waste problem. The personal care and beauty industry is estimated to produce 120 billion units of packaging every year, according to recycling company TerraCycle. The waste generated by the beauty industry is an ugly secret and it shows no signs of slowing down.

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Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions

Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.

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Your Pharmacy Prescription Privacy Might Be at Risk, Investigation Finds

Retail Wire

Your pharmacy might be sharing your prescription records with law enforcement.

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Mattel to make ‘American Girl’ movie after ‘Barbie’ success

Inside Retail

Mattel said on Wednesday it was planning to make a live-action feature film based on its “American Girl” doll line with Paramount Pictures and Temple Hill Entertainment, after the box-office success of its “Barbie” movie earlier this year. Shares of the toymaker rose marginally in extended trading after it also said Lindsey Anderson Beer, who wrote the Netflix film “Sierra Burgess is a Loser”, would write the screenplay and produce the film.

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UAW Accuses Honda, Hyundai, and VW of Unfair Labor Practices

Retail Wire

The UAW has lodged accusations of unfair labor practices against three major automotive manufacturers: Honda Motor, Hyundai Motor, and Volkswagen.

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Tech start-up Inkse aims to disrupt and democratise the fashion industry

Inside Retail

Tech start-up Inkse had its launch this month with a mission to revolutionise the way Australian creatives approach fashion design and production. Founded by a rag trade veteran with over 40 years of experience and his tech expert son, Inske offers an end-to-end web platform that manages the entire fashion business process from product design to fulfilment, removing the traditional barriers to entry commonly associated with the fashion sector while creating opportunities for creatives of any ski

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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

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Sainsbury’s boss Simon Roberts defends move to sell Nectar card data

Retail Gazette

Sainsbury’s boss Simon Roberts has defended his move to sell the grocer’s customers’ shopping habits data to TV and consumer goods manufacturers looking to target their advertising. The chief executive told The Guardian that the supermarket protects personal data “incredibly carefully” and that its strategy had made adverts more “relevant” for shoppers.

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How Christmas music in shops uses nostalgia to make shoppers spend more

Inside Retail

In my research , I have spent a good deal of time speaking with people from across the world about their relationship with sound and music – how it features in their everyday lives and how it influences their attitudes and behaviour. One of the most consistent findings is that, irrespective of culture or place, we are largely unaware of how what we hear affects how we think and act.

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Experience key to how retailers should prepare for the holiday season

Retail Customer Experience

This year, a majority of Americans (92%) say they would rather receive experiences over physical gifts, setting the tone for what retailers can expect in the upcoming weeks and maybe even prompt ideas for offerings in the New Year.

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Delicia fined after admitting breach of Franchise Code

Inside Retail

Health food and beverage retailer Delicia Franchising has been fined $11,100 after it admitted to breaking the Franchising Code, according to the Australian Competition & Consumer Commission (ACCC). The company admitted its failure to provide franchisees with a copy of its annual marketing fund financial statement for the financial year ending on June 30, 2022.

Marketing 130
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Turn Your Website Into a Money-Maker: Tips for Small Business Success

Your website can be more than just a digital presence—it can be a thriving profit center. Discover proven strategies to monetize your website, whether you sell physical products, digital downloads, or services. Learn the importance of user-friendly design, high-quality content, and tailored marketing to meet audience needs and boost engagement. Explore options like e-commerce, affiliate marketing, and subscriptions, and use analytics to optimize for success.