Fri.May 31, 2024

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Automated Retail Changing the Shopping Experience

Retail Customer Experience

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.

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Guzman Y Gomez set for $2.2 billion IPO 

Inside Retail

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.

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Why Retailers are Prioritizing Human-Machine Collaboration over Full Warehouse Automation

Retail TouchPoints

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.

Planning 205
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BMG brings Juicy Couture Kids, New Balance Kids, more big brands Down Under

Inside Retail

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.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Tastemade Turns ‘Viewers into Doers’ with New Shoppable TV Activation

Retail TouchPoints

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.

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Scurri acquires specialist conversational AI platform, HelloDone, to offer enhanced customer services within the delivery experience

Retail Focus

Delivery management platform, Scurri, today announced the acquisition of HelloDone, the UK-based, market-leading artificial intelligence (AI) platform which provides conversational AI solutions to retailers and brands. HelloDone’s industry-leading conversational AI solution answers post-purchase customer queries on digital messaging channels, including WhatsApp, Instagram and Facebook Messenger.

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Vans appoints Michelle Choe global brand president 

Inside Retail

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.

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Dollar General Beefs Up Retail Media Offering with Criteo Integration

Retail TouchPoints

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.

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Motel 6 taps Garfield as Chief Pet Officer

Retail Customer Experience

Motel 6 is all about providing a rewarding hospitality experience for traveling pet owners, pets and those who are big Garfield fans.

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Instant Pot Brands names new chief commercial officer

Retail Dive

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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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

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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Diamonds and data: The modern retailer's guide to customer engagement

Retail Customer Experience

As retailers witness growth, propelled by emerging trends and a shifting landscape, they face the need to adapt and innovate.

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When Your Home Market Weakens, Expand Overseas

LS Retail

©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.

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Cracking the Gen Z Code

Retail Pro

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.

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Automated Retail Changing the Shopping Experience

Retail Customer Experience

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.

Kiosk 59
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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Four New Tenants Sign Leases at The Nora District in West Palm Beach, Florida

Shopping Center

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.

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Michelin-starred yakinku concept, Kanpai Classic, makes its UK debut this July

A1 Retail

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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In pictures: Fujifilm unveils revamped House of Photography flagship

Retail Gazette

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.

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Branded Store Credit Cards: A Strategic Avenue for Retail Revenue Growth

Storis

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.

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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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Moreno Valley: Hub for Growth and Opportunity

Shopping Center

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.

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Exploring Cannabis POS Systems and Market Trends with PLS

Star Miconics

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.

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MCM Partners Provides Acquisition Equity for Walgreens-Leased Property in Texas

Shopping Center

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.

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7 Best Furniture Inventory Management Software (2024)

Shopify

Find out how furniture inventory management software can help scale your home furnishings business. Learn the best software available and how to choose one.

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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Atlantic Capital Partners Arranges Sale of 38,243-Square-Foot Shopping Center in Metro Boston

Shopping Center

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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AmeriKiosks Proudly Supported WH Smith North America in launching their Automated Retail Kiosks at Palm Springs Airport

Retail Customer Experience

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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Boulder Group Negotiates $3.7 Million Sale of Single-Tenant Retail Property in Oklahoma

Shopping Center

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.