Retail Customer Experience
MAY 31, 2024
Automated retail, characterized by self-service kiosks and intelligent vending machines, is redefining the traditional shopping experience. This technology not only streamlines operations but also offers retailers the ability to expand their reach, tapping into new markets and locations.
Retail TouchPoints
MAY 31, 2024
This fall, online marketplace Rakuten will debut the platform’s first paid membership offering: Rakuten+. The program is structured to connect designer brands with Rakuten’s most highly engaged, loyal and active shoppers, who will earn at least 10% cash back on participating brands and retailers year-round. Rakuten did not provide any information on how much membership in the paid program would cost.
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Inside Retail
MAY 31, 2024
Fast food restaurant chain Guzman Y Gomez is planning an IPO on the ASX next month at a $2.2 billion valuation. The company will proceed with a fully underwritten float of 11.1 million shares at $22 apiece or $242.5 million – $42.5 million of which is a sell-down by some existing holders, the Australian Financial Review reported. The firm plans to use the float proceeds to fund growth and network expansion in Australia.
Retail TouchPoints
MAY 31, 2024
Integrating advanced technology into retail operations is becoming increasingly crucial as market demands evolve. Consumers now expect next-day delivery, click-and-collect, swift returns and near-flawless accuracy as the new norm. To meet these growing demands, retailers are turning to advanced technologies that enhance efficiency, optimize productivity and navigate the volatility of the current labor market.
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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.
Inside Retail
MAY 31, 2024
An extensive portfolio of classic and popular fashion brands will enter the Australian retail sector for the first time as Brand Machine Group (BMG), a global leader in branded fashion manufacture and licensing, launches into the local market in 2024. First up is the US$2.4 billion brand US Polo Assn, followed by childrenswear lines in the BMG portfolio, including New Balance Kids and Juicy Couture Kids.
Retail TouchPoints
MAY 31, 2024
Lifestyle media company Tastemade has partnered with Shopsense AI to cook up shoppable TV experiences for its U.S. audiences. The partnership will debut with Tastemade’s new series, Kitchen Glow Up , with viewers able to shop items for their kitchens, pantries and cooking spaces in real time, from every episode, via a dedicated page on shop.tastemade.com.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
MAY 31, 2024
Dollar General has teamed up with Criteo to enhance its retail media offerings with onsite sponsored ads as well as plans to add additional ad formats later in the year. While the majority of Dollar General purchases happen in stores, the company receives a significant amount of web traffic from customers who build their lists online before making their weekly purchases.
Inside Retail
MAY 31, 2024
Sportswear retailer Vans has appointed senior Lululemon executive Michelle Choe as its new global brand president, effective in late July. Choe joins Vans after has nearly 30 years leading design and merchandising for brands including Lululemon, Marc Jacobs, West Elm, Madewell, Urban Outfitters, Levi’s, and the Gap. Before Vans, Choe previously served as chief product officer and a member of Lululemon’s executive team for seven years, beginning in 2018.
LS Retail
MAY 31, 2024
©iStock/Picsfive In an interview with the Financial Times , chief financial officer Eason Zhang said low-cost China-based retailer Miniso plans to open roughly 400 stores in China, but this year would be the first since at least 2019 that most of its new outlets were outside the country. Minis will shift its focus of rapid expansion away from a domestic market – China – plagued by weak consumption.
Retail Dive
MAY 31, 2024
The kitchen appliance brand also announced a leader of marketing, e-commerce and consumer care as it carves a path post-bankruptcy.
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Retail Customer Experience
MAY 31, 2024
Motel 6 is all about providing a rewarding hospitality experience for traveling pet owners, pets and those who are big Garfield fans.
Retail Pro
MAY 31, 2024
Catering to the preferences and behaviors of Generation Z (or, “Gen Z”) customers has become a top priority for brands aiming to stay relevant and competitive. Key to fulfilling that goal is a commitment to innovative retail strategies. Continue reading → The post Cracking the Gen Z Code first appeared on Retail Pro Blog.
Shopping Center
MAY 31, 2024
West Palm Beach, Fla. — Four new retail tenants have signed leases at The Nora District, a mixed-use development currently underway in West Palm Beach. Sana Skin Studio, Mint, The Spot… The post Four New Tenants Sign Leases at The Nora District in West Palm Beach, Florida appeared first on Shopping Center Business.
A1 Retail
MAY 31, 2024
Kanpai Classic, whose unique take on Japanese yakiniku has captivated diners across Taiwan and China for nearly two decades, is to launch its first fine dining restaurant in the UK. Located in the heart of London’s Soho, Kanpai Classic will celebrate the soft launch of its 4,317 sq ft site in mid-July. The Kanpai Group, which numbers nine original restaurant brands across Taiwan and China, launched its unique take on yakiniku in Taipei in 2005.
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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.
Retail Customer Experience
MAY 31, 2024
As retailers witness growth, propelled by emerging trends and a shifting landscape, they face the need to adapt and innovate.
Storis
MAY 31, 2024
In this article, we explore the benefits of branded credit card programs and dissect how technology plays a pivotal role in effectively managing the associated revolving receivables. Retail store credit cards are a strategic opportunity for executives aiming to boost revenue streams and cut expenses. Branded credit cards enhance customer loyalty by offering promotional financing incentives to customers as a competitive differentiator.
Retail Customer Experience
MAY 31, 2024
Automated retail, characterized by self-service kiosks and intelligent vending machines, is redefining the traditional shopping experience. This technology not only streamlines operations but also offers retailers the ability to expand their reach, tapping into new markets and locations.
Shopping Center
MAY 31, 2024
Located in Southern California’s Inland Empire, Moreno Valley has emerged as a significant growth center and a friendly home to retail. As highlighted by Melissa McClain, head of marketing… The post Moreno Valley: Hub for Growth and Opportunity appeared first on Shopping Center Business.
Advertiser: Experience Retail Today
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.
Star Miconics
MAY 31, 2024
In this highly regarded episode of the Rising Stars Podcast, “Exploring Cannabis POS Systems and Market Trends with PLS,” host Kate Orara hears from Gerson Cedillos , CEO and Operations Manager at Professional Label Solutions (PLS). Their discussion explores the specialized world of cannabis retail technology , particularly focusing on the role and evolution of dispensary POS systems within this growing industry.
Shopping Center
MAY 31, 2024
Lewisville, Texas — MCM Partners has provided equity to a client for the acquisition of a freestanding retail building located in Lewisville. Walgreens occupies the property, which was originally constructed in… The post MCM Partners Provides Acquisition Equity for Walgreens-Leased Property in Texas appeared first on Shopping Center Business.
Retail Gazette
MAY 31, 2024
Fujifilm has reopened the doors to its House of Photography flagship in London’s Covent Garden. The renovated space acts as a “creative hub” and will play host to workshops with photography experts, panel discussions, fitness classes and secret live music gigs. The camera specialist has extended the flagship’s gallery space, redesigned the print workshop and provided dedicated areas for its professional GFX medium format system and X series digital camera range.
Shopping Center
MAY 31, 2024
Burlington, Mass. — Atlantic Capital Partners has arranged the sale of Middlesex Marketplace, a 38,243-square-foot shopping center in Burlington, a northern suburb of Boston. Built in 2013, the property was 89… The post Atlantic Capital Partners Arranges Sale of 38,243-Square-Foot Shopping Center in Metro Boston appeared first on Shopping Center Business.
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Shopify
MAY 31, 2024
Find out how furniture inventory management software can help scale your home furnishings business. Learn the best software available and how to choose one.
Shopping Center
MAY 31, 2024
Norman, Okla. — The Boulder Group has negotiated the $3.7 million sale of a single-tenant retail property located in Norman. CVS/pharmacy occupies the building, which is situated adjacent to a regional… The post Boulder Group Negotiates $3.7 Million Sale of Single-Tenant Retail Property in Oklahoma appeared first on Shopping Center Business.
Retail Customer Experience
MAY 31, 2024
We are thrilled to announce a momentous collaboration between AmeriKiosks and WH Smith North America, marking a significant milestone in the realm of airport convenience. It has been our utmost honor to extend our support to WH Smith North America in the development and deployment of their automated center at Palm Springs Airport in California.
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