Mon.Apr 22, 2024

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AI and the Art of Non-Linear Customer Experience

Retail TouchPoints

In the not-so-distant past, customer experience (CX) was a straight line — a predictable journey from point A (the customer’s question) to point B (the company’s answer). However, as retail landscapes evolved and consumer demands became more sophisticated, this linear approach showed limitations. Welcome to the future of retail, where the checkout lines are virtual, the service is personal and the experience is anything but linear.

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Myer sacks head office staff, outsourcing tech roles to India

Inside Retail

Department store Myer has laid off head office staff across its e-commerce and operations teams as it offshores functions to India. A Myer employee who requested anonymity told Inside Retail that Myer’s GM of e-commerce Lynna Barnard and chief customer officer Geoff Ikin oversaw the decision to implement the redundancies, which due to their suddenness left employees shocked.

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Ikea Creates Training Ecosystem to Support AI Literacy for 3,500 Employees

Retail TouchPoints

Ingka Group , parent company of Ikea Retail , has set ambitious targets for boosting the AI literacy of its organization, including AI training for approximately 3,000 employees and 500 executives. The initiative will include a variety of courses, tailored to the needs of employees at various levels and in different phases of their AI journeys, with the overall goal of embedding a deep understanding of AI within the organization and ensuring that Ikea values are reflected in the ways the technol

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Coffee chain Single O expanding Japanese footprint after early success

Inside Retail

Sydney-based coffee roaster Single O will open Ryogoku Roastworks, its second cafe in Japan on Friday, replacing the brand’s existing roastery. In a further sign of ongoing expansion in Japan, Single O will launch its Shibuya coffee bar in July. The new roastery and cafe will serve Single O’s signature coffee Reservoir and will feature self-serve batch brew taps, and a breakfast and lunch menu.

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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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JLL Rolls Out Virtual ‘Shopping Bestie’ in 13 Centers

Retail TouchPoints

JLL Retail Property Management has introduced a new virtual shopper agent named Cindy , designed to make the online experience more relevant and engaging at 13 of its shopping centers across the U.S. In addition to spotlighting the center’s sales and deals, Cindy gives consumers details on the latest fashion trends, acting as their exclusive “shopping bestie.

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Myer sacks 50 head office staff, outsourcing tech roles to India

Inside Retail

Department store Myer has reportedly fired more than 50 head office staff across its digital, IT, and e-commerce teams as it offshores their functions to India. A Myer employee who requested anonymity told Inside Retail that Myer’s GM of e-commerce Lynna Barnard and chief customer officer Geoff Ikin oversaw the decision to implement the redundancies, which due to their suddenness left employees shocked.

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Earth Day Highlights Plastic Problem

Retail Wire

Modern supermarkets are no strangers to plastic. From bagged bananas to single-use pouches of baby food, plastic has found its way into nearly every aisle. Judith Enck, a former EPA regional administrator and current head of Beyond Plastics, finds this trend concerning.

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After 25 Years, a Rebrand is Just the Beginning for Edible

Retail TouchPoints

Twenty-five years ago, Tariq Farid saw some fruit displayed in a unique way at an event. He turned the idea into a business — and Edible Arrangements into a household name. But his daughter, Somia Farid Silber, who’s now the company’s President, isn’t coasting on the company’s past success — she’s too busy thinking about the next 25 years. Somia Farid Silber, President, Edible (Image courtesy Edible) Farid Silber was six when Edible Arrangements was founded, and the company is so engrained in he

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Delta Air Lines Increases Pay as Unionization Attempts Continue

Retail Wire

Delta Air Lines is upping the pay for its nonunion workers, including flight attendants and ground staff, as it faces another unionization attempt.

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To Make Merger More Palatable, Kroger and Albertsons Boost Store Divestment Count

Retail TouchPoints

Facing regulatory challenges to their proposed $24.6 billion merger, Kroger and Albertsons have increased the number of supermarkets they plan to divest by 166 , for a total of 579 stores. The retailers also have increased the corporate and office infrastructure they would sell to C&S Wholesale Grocers , as well as additional private label product lines, for a total of approximately $2.9 billion in cash — nearly 50% more than the $1.9 billion price tag of the previous package.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Pink Sues Pharrell Williams Over ‘P.Inc’ Trademark

Retail Wire

Pink has filed a lawsuit against Pharrell Williams to prevent his plans to trademark the term "P.Inc.

Planning 260
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Coffee and home delivery: How food-service spending is changing in Apac

Inside Retail

According to a recent Euromonitor report, while consumer food-service value nears pre-pandemic levels in 2024, dining-in at restaurants will not return to pre-pandemic level until 2028 in Asia Pacific. Apac’s food-service spending surpassed pre-Covid levels in 2024, as revenues grew 12 per cent to more than US$1.2 trillion in 2023. The food-service segment includes restaurants, bars, cafes, fast food and home delivery services.

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Microsoft’s Latest AI Animates Faces To Bring Photos to Life

Retail Wire

Microsoft researchers revealed a new AI generator with the ability to transform a static face image and an audio recording of speech into a lifelike video of the person speaking.

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A guide to choosing the right security solution for your retail business

Inside Retail

Security cameras and access control systems are a vital layer of protection that all retailers should consider when it comes to store loss prevention strategies. Retail video security cameras : Working 24/7, IP security cameras capture video that helps security teams ensure employee safety, prevent theft and assist with liability claims. On-premise or cloud-based security cameras : You can choose between two types of security camera systems: an on-premise system and a cloud-based system.

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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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Express Files for Bankruptcy to Facilitate Sale to WHP

Retail TouchPoints

A consortium led by Toys ‘R’ Us owner WHP Global that includes mall operators Simon Property Group and Brookfield Properties has offered to buy a “substantial majority” of Express, Inc.’s retail stores and operations. In order to facilitate the sale and free up the liquidity needed to continue operations during the process, Express has filed for Chapter 11 bankruptcy protection.

Wholesale 147
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JetBlue’s Ex-CEO Robin Hayes Takes the Helm at Airbus Americas

Retail Wire

Robin Hayes, the former CEO of JetBlue, is set to lead Airbus Americas. He steps into the role vacated by Jeff Knittel, who recently retired. Hayes served as JetBlue's CEO for nine years before resigning on Feb. 12.

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Express files Chapter 11, plans to close over 100 stores

Retail Dive

All of the company’s UpWest stores will shutter as the retailer pursues a sale to WHP Global, Simon Property Group and Brookfield Properties.

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TikTok Faces EU Ban and Fines Over TikTok Lite

Retail Wire

European Union officials are considering hefty fines and the suspension of TikTok Lite due to concerns about its addictive features. TikTok Lite is a scaled-down version of TikTok that offers users cash rewards for engaging with the app.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

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Selfridges targeted by Middle East and Chinese investors amid ownership battle

Retail Gazette

Selfridges is being circled by Middle East and Chinese investors as the financial troubles of the department store’s Austrian co-owner Signa spark an ownership battle. Fellow co-owner, Thai conglomerate Central Group, wants to buy out Signa’s remaining stake in the department store chain with another partner and is in talks with several sovereign wealth funds and tycoons about a potential partnership, the Times reports.

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Oregon’s Market of Choice Embraces Sustainable Dry Farming

Retail Wire

In a significant step toward sustainability, Oregon’s family-owned Market of Choice has teamed up with the Dry Farming Institute to boost dry farming practices in the region.

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M&S trials postal donation bags for ‘unwearable’ clothes

Retail Gazette

M&S is encouraging customers to donate their used clothes via a postal donation bag as part of its tie-up with Oxfam. The fashion retailer is trailing the option for consumers to send their unwearable clothes from any label using a pre-paid postal donation bag that is left with a local courier that the charity can then resell, reuse, or recycle.

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Buro Happold Details Sustainable Projects for Earth Day

Retail Wire

As Earth Day arrives, the UK firm Buro Happold has shared the sustainable projects that they have been involved in, highlighting efforts to create a more sustainable world.

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s

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THG growth driven by ‘standout’ beauty arm performance

Retail Gazette

THG has posted strong sales growth in the first quarter of 2024, which it said was led by a “standout performance” across its beauty divison. The Cult Beauty and LookFantastic owner saw a 4.5% jump in revenue compared to the previous year as total sales edged up 0.3% on a continuing basis, reaching £459.9m. THG Beauty sales surged 11.1%, driven by a “notably strong” performance in the UK.

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Nationwide Health Alert for E. Coli in Greater Omaha Ground Beef

Retail Wire

There is no recall for this product. It should be thrown away or returned to point of purchase.

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Frasers blocks finance regulator from publishing review findings

Retail Gazette

Frasers Group has declined the Financial Reporting Council’s (FRC) request to publish key findings from a review of its latest annual report. The owner of Sports Direct and Flannels, known for past governance issues, has denied the regulator permission to release a case summary following “substantive inquiries” According to The Times , it is the second year running when the FRC has reviewed Frasers’ annual report, with the group again refusing to allow its findings to be made p

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Mall Retailer Express Files for US Bankruptcy Protection

Retail Wire

The retailer is expected to close almost 100 stores nationwide.

Fashion 130
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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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Second phase of Nike layoffs to hit Oregon headquarters this summer

Retail Dive

After the job cuts, effective June 28, about 740 employees will have been impacted in the retailer’s home state.

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Find Your Path to Unmatched Security and Unified Experiences

Cisco Retail

Imagine juggling multiple remotes for your entertainment system, each controlling a different device and requiring endless button presses to achieve a simple task.

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Win the Digital Shelf with Digital Shelf Optimization

Wiser

In eCommerce, winning the digital shelf isn’t just about being visible; it’s about mastering the art of digital shelf optimization. This strategy is pivotal for sustainable, profitable growth in the online marketplace. But what does digital shelf optimization really entail and how can it make a difference to your brand? The Cost of Ignoring Digital Shelf Optimization Before diving into strategies, it’s crucial to understand the cost of neglecting digital shelf optimization.

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Customers Praise the Surprising Longevity and Adaptability of Cisco UCS

Cisco Retail

When we introduced our first compute platform in 2009 with Cisco UCS B-Series Blade Servers , there was a fair amount of snickering from industry watchers and established server vendors.

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How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.