Tue.Apr 09, 2024

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Best Buy Adds Generative AI to its Customer Service Toolkit

Retail TouchPoints

Best Buy is expanding its partnership with Google Cloud to leverage generative AI technology for new customer service tools. The retailer also is working with Google Cloud and Accenture to develop new AI-powered tools for its frontline associates. As early as late summer, Best Buy customers in the U.S. will be able to connect with a gen AI-powered virtual assistant for help with tasks like troubleshooting product issues , rescheduling or combining order deliveries , managing software , Geek Squa

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Luxottica fined $1.5 million for spam law breaches

Inside Retail

Eyewear retailer Luxottica – the parent of OPSM, Oakley and Sunglass Hut – has been fined $1.5 million for sending more than 200,000 spam messages to customers. The company sent 1231 marketing emails without a functional unsubscribe option and 112,348 texts and emails to customers who had unsubscribed between November 2022 and May 2023, according to the Australian Communications and Media Authority (ACMA).

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From Custom Worlds to Contextual Ads: Unlocking the Power of Games Advertising

Retail TouchPoints

Advertisers already have a healthy appetite for games advertising: IAB’s latest study on games advertising found that 40% of advertisers plan to boost spending in this area over the coming year, making it the third-most popular channel for increased investment, after social media ( 47% ) and digital video ( 40% ). But despite these high levels of interest, only a few brands and retailers have fully tapped into the potential of this channel.

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California McDonald’s Franchisee Strategizes Cost Reductions After Minimum Wage Hike

Retail Wire

Following the recent increase in the minimum wage for fast-food restaurants in California, a McDonald's franchisee in the state is raising prices, thinking about postponing dining room renovations, and evaluating potential changes to opening hours to save money.

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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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Shopify Helps Hawaiian Brands Say ‘Aloha’ to NYC

Retail TouchPoints

Shopify is partnering with Mana Up , an accelerator and venture fund for Hawaii-based products, on an immersive market concept designed to spotlight emerging brands from “the Aloha state.” Aloha Market will run April 26 to 28, 2024, at Shopify’s NYC activation space in SoHo, and will feature unique products from more than 40 Hawaii creators and entrepreneurs.

Marketing 264
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New pet retailer launches online shopping platform

Inside Retail

New pet retailer Swaggle – owned by grocery giant Coles – has launched its online shopping platform, aiming to help pets “live their lives to the fullest”. The store’s ‘petsonalisation’ feature enables pet parents to identify and comprehend the appropriate items for their pets, regardless of age, breed, or life stage. Swaggle’s petsonalisation engine, according to the business, has absorbed data on hundreds of dog and cat breeds, allowing it to deliver relevant suggestion

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More Trending

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Planters Is Looking To Hire Drivers for the NUTmobile

Retail Wire

Planters is on the lookout for drivers willing to embark on a unique adventure aboard its NUTmobile.

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Next-Gen Co-Brand Cards are Tailored to You, by You

Retail TouchPoints

In a world filled with loyalty offers, it’s all about offering the right rewards and experiences at the right moments. I’ll never forget my 40th birthday trip to Istanbul when the hotel staff not only wished me a happy birthday when I checked in, but the general manager surprised me with a cake, champagne and a handwritten note with 40 things to do in Istanbul.

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Amazon invests $490m in two Western Sydney fulfilment centres

Inside Retail

Amazon Australia plans to invest $490 million in opening two new fulfilment centres in Horsley Park, Western Sydney, with one to open later this year and the other by 2026. Once fully operational, the two fulfilment centres are expected to generate over 1000 local jobs. One of the fulfilment centres will have a size of 80,000sqm, four and a half times the size of the Opera House, with a capacity of 1.6 million large items.

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Target Circle Week Promises Two Times the Savings to Shoppers, and Kristen Wiig Too

Retail Wire

Target Circle week promises to deliver two times the savings to shoppers.

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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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L.O.L. Surprise! Parent Company Goes DTC, Debuts Loyalty Program

Retail TouchPoints

MGA Entertainment , the company behind L.O.L. Surprise!, Little Tikes, MGA’s Miniverse and other beloved toy brands, has launched its own direct-to-consumer ( DTC ) site and rewards program to get closer to its customers. Although MGA products will still be available through major retailers, the new shopping destination, aptly named The MGA Shop , is designed to provide toy lovers with convenient features and benefits that wholesale partners can’t offer such as online-only exclusives and limited

Wholesale 147
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Aramark Workers Strike for Fair Wages at Wells Fargo Center

Retail Wire

In South Philadelphia, food service employees at Wells Fargo Center are staging a strike in hopes of securing better terms from their employer, Aramark.

ATS 147
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Retail is back as rents settle. Maya Capital closes Fulham Road retail investment

Retail Focus

Maya Capital LLP , a pan European investment firm, announces that it has completed the purchase of 24,228 sq ft of retail and showroom accommodation in London, on 137-167 Fulham Road. Fulham Road is located in the Royal Borough of Kensington and Chelsea, and is considered one of the wealthiest areas in the world hosting a range of Luxury tenants including Chanel, Acne and Carolina Herrera.

Location 147
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Bill Gates-Backed Alternative Fuel Startup Powers Energy for Amazon, American Airlines

Retail Wire

Infinium, an alternative fuel startup backed by Bill Gates and based in Sacramento, California, has set out to create low-carbon alternatives to aviation fuel, diesel, and Naptha.

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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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Why Miss Amara’s Lydia Bertini sees B2B as a big opportunity in e-commerce

Inside Retail

Inside Retail’s Top 50 People in E-Commerce is an annual ranking of the most impressive and inspiring leaders in Australia’s online retail industry. Our 2024 report features C-level executives with decades of leadership experience, alongside start-up founders and digital specialists with a wide range of skills, from marketing to logistics. You can download it here.

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FAA Probes Safety Claims on 787 and 777 Boeing Jets

Retail Wire

The Federal Aviation Administration has launched an investigation into serious allegations made by a whistleblower at Boeing. The claims revolve around safety and quality concerns related to the production of the company's 787 and 777 jets.

ATS 130
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How US-based oral care brand Lewie aims to take a bite out of the beauty market

Inside Retail

It’s no secret that a large portion of retail spending is driven by consumers’ desire to look and feel as attractive as possible. Two segments in particular that benefit from this deep-seated aspiration are the cosmetics and skincare industry and the oral care market. According to a report by global data and business intelligence platform Statista, the beauty and personal care market worldwide is projected to generate revenues of US$646.2 billion by the end of 2024.

Marketing 130
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San Francisco Threatens Legal Battle Against Oakland Airport

Retail Wire

In the heart of California's East Bay, a brewing controversy over a potential airport name change has captured the attention of locals and travelers alike.

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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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Carousell co-founder talks LuxLexicon acquisition and future of re-commerce

Inside Retail

With its recent acquisition of Singapore-based luxury resale business LuxLexicon, Carousell Group co-founder Marcus Tan said the company aims to create “the largest managed marketplace for authenticated second hand luxury bags where users can buy and sell with trust and convenience”. Speaking to Inside Retail , Tan said the acquisition reflects Carousell Group’s recent focus on the luxury sector and its broader efforts to improve the experience of buying and selling pre-owned luxury items.

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GM Axes Budget-Friendly Trim for Hummer EV

Retail Wire

Recent reports suggest that GM has decided to pull the plug on the base EV2 trim for the Hummer EV.

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Frequent flyer initiatives saved airlines – can loyalty programs save retail?

Inside Retail

The current economic crisis has retailers scrambling to generate consistent sales and retain their customer base. Long gone are days when businesses handed out loyalty cards to incentivise more frequent purchases – retailers are being urged by industry experts and leading brands to reimagine customer loyalty. Frequent flyer programs infamously saved airlines’ profit margins by driving customer retention and eventually lucrative partnerships with banks.

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This Customer Could Ruin Your Business

Hyken

What if I told you that a satisfied customer could ruin your business? Most people think satisfied customers are happy and will come back. At least, it appears that way. Many years ago, I used to begin my customer service keynote speeches with a question: By a show of hands, how many of you believe it’s important to satisfy your customers? As you might imagine, just about everyone raised their hand.

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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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Shein to launch fashion, music and lifestyle experience

Inside Retail

Fast fashion giant Shein will provide a variety of interactive, immersive, and fashion experiences at Ultra Australia music festival in Melbourne on April 13. As a lifestyle partner, Shein will bring the showroom experience to the event, offering statement-making outfits shoppable via QR code to festival attendees, an exclusive glam make-over station featuring SheGlam products, and photo booth moments for ticketholders.

Fashion 130
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Best Buy to use generative AI for virtual assistant, customer support experiences

Retail Dive

The tech will help with customer service, including troubleshooting product issues, managing software and rescheduling or combining order deliveries.

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Swaggle GM Chad Burke on the untapped opportunities in Australian pet care 

Inside Retail

Australia is a nation of animal lovers, with nearly half of all households having a canine family member and roughly the same number with a cat companion. On average, most homes have multiple pets, which makes catering to pets a big business. Australian retailers have got the message loud and clear. This month Ikea Australia launched its first pet range, Utsadd, and last February, hardware retailer Bunnings launched a pet care category, marking its biggest product expansion in decades since the

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Home Depot confirms breach of employee data

Retail Dive

The retailer said a vendor error led to the exposure of identifiable information of some employees.

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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.

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Biopak acquires reusable cup company Huskee

Inside Retail

Biopak, the sustainable packaging company, has bought Huskee, a reusable cup company, to fast-track and strengthen the two companies’ shared vision of a circular economy. Huskee’s existing team will continue under the new ownership, which plans to build upon the brand’s sustainable and ethical practices in new product releases. Established in 2017, Huskee is known for the HuskeeCup, a modular, reusable cup made from recycled coffee husks.

Consumer 130
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Allbirds receives delisting warning from Nasdaq

Retail Dive

The footwear brand’s stock traded at less than $1 for 30 consecutive days and the company has until Sept. 30 to regain compliance.

ATS 119
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Home Bargains pushes ahead with store expansion plans as profits rise

Retail Gazette

Home Bargains owner TJ Morris has posted a rise in sales and profit as it pushes ahead with its expansion plan. The Liverpool-based discounter saw its turnover jump 10.2% from £3.4bn to £3.7bn in the year to 30 June 30, according to accounts filed with Companies House. Pre-tax profits rose 12.4% during the period, up from £293m in 2022 to £332m. TJ Morris said the was positive results were driven by “opening of additional retail outlets during the year, shop re-sites and an increased contributio

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Coach files trademark and unfair competition complaint against Gap

Retail Dive

The complaint takes issue with some Old Navy-branded T-shirts, which attorneys for the Tapestry-owned brand say are meant to make consumers think “there is a connection or association between” the brands.

Consumer 116
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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