Mon.Jun 10, 2024

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Walmart Adds Digital Shelf Labels, AI Shopping Assistant as Part of ‘Retail Renaissance’

Retail TouchPoints

Walmart has unveiled a slate of new tech innovations as part of its “Retail Renaissance,” which the company said is aimed at “meeting customer demand with adaptive retail, innovations that intuitively fit into customers’ lives as they seamlessly move across platforms and places.” The new tech includes the rollout of digital shelf labels at all 2,300 U.S. stores by 2026, testing of a Gen AI-powered digital shopping assistant and the integration of drone delivery into its app. “Driven by our

Shopping 278
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US Polo Assn makes its Australian debut

Inside Retail

US Polo Assn has partnered with Brand Machine Group to launch an Australian retail website that will feature seasonal collections that reimagine classic fashion for the modern era. The website launch follows the opening of its first showroom in Sydney as BMG expands into Asia Pacific. “As an official apparel partner of US Polo Assn, we’ve eagerly awaited the opportunity to extend our fast-expanding global reach into the dynamic Australian market and share our brand with more consumers arou

Apparel 266
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Marketing Reset: How to Reach Customers Without Third-Party Cookies

Retail TouchPoints

The era of third-party cookies is at an end. In January, Google Chrome restricted third-party cookies for 1% of users and plans to ramp up restrictions to 100% of users by 2025. Full-fledged fingerprinting around the internet is depreciating, and marketers and customers alike will soon notice, particularly in the retail and ecommerce space. With today’s emphasis on privacy, third-party cookie deprecation will inevitably impact your brand, marketing strategy and customers.

Marketing 268
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What’s ‘lost conversion opportunity’ costing you?

Inside Retail

A recent independent study commissioned by Shopify suggests that poor checkout experience can cost retailers up to 3.6 per cent of annual GMV. It’s been a long road for commerce platform Shopify, in its 10-year pursuit to convert (no pun intended) non-believers of the platform’s suitability in Enterprise retail. After years of successfully onboarding global brands like Heinz and Kylie Cosmetics, and homeground powerhouses like JB Hi-Fi, Shopify’s position as a – if not ‘the’ – serious cont

Checkout 264
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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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Execs from Target, Hy-Vee and Five Below Top 2024 Retail Innovator Award Winners List

Retail TouchPoints

In the simplest terms, an innovator is someone who creates or introduces something new. But in the world of retail, innovators have the power and potential to do so much more: they drive cutting-edge tech implementations, unlock new revenue opportunities and help drive a brand into a new era of relevance and impact. This year’s Retail Innovator Award winners represent all of this — and more.

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Volvo Shifts Production From China to Belgium

Retail Wire

Volvo says that the increased tariffs on China have influenced its decision.

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More Trending

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TJX Expands to Mexico Through New Joint Venture with Grupo Axo

Retail TouchPoints

TJX — the parent company of TJ Maxx , Marshalls , HomeGoods and Sierra — has entered a joint venture with the South American multi-brand retailer Grupo Axo to expand its off-price business into Mexico. Axo is a leading retailer of apparel, fashion accessories, footwear, beauty and personal care, with a slate of full- and off-price brands that operate across Mexico, Chile, Peru and Uruguay.

Apparel 197
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Summer Streaming Costs Continue To Surge

Retail Wire

This summer, streaming bills are set to increase, joining the ranks of other rising expenses.

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What to do about loss prevention in retail

Retail Focus

While perhaps not the nicest of subjects to talk about, loss prevention is one of the most important topics when it comes to retail environments. Unfortunately, theft and shop lifting are issues that cause regular issues for all retailers, in some cases even on a daily basis, and leave them out of pocket. Most stores will already have measures in place to deter and prevent theft as much as they can, with some of the most common options including CCTV cameras, security staff and metal detectors a

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Over 200K Vehicles Recalled by Stellantis

Retail Wire

Stellantis, the multinational car manufacturer, has announced a significant recall affecting over 200,000 SUVs and pickup trucks due to a critical software malfunction.

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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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MINISO Opens its First Ever Blue Store at Bluewater Shopping Centre

Retail Focus

Get ready for a new retail experience as MINISO , the global lifestyle retailer, has opened its first blue retail destination at Bluewater Shopping Centre in Dartford, Kent. Located on the Lower Thames Walk, opposite Foot Locker, MINISO has officially opened its doors. Boasting a variety of products to suit everyone, the new store spans over 2,000 sq ft and features MINISO’s best-selling products, including popular blind boxes, the softest plushies, affordable homewares, and charming acces

Shopping 147
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FDA Alerts Public After 6 Hospitalized Due to ‘Microdosing’ Chocolate Bars

Retail Wire

The FDA has issued a public alert after six individuals were hospitalized due to consuming Diamond Shruumz-brand "microdosing" chocolate bars.

Consumer 189
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Inside Central Chidlom’s luxury makeover in Bangkok

Inside Retail

Words used for praise in marketing have a tendency to get overused to the point of being meaningless, thus requiring replacement every couple of years. So it is with words like ‘redefining’ and ‘reimagining’, which are now wheeled out so frequently that the listener just glazes over. And as for ‘innovative’, well, that’s just so 2022. No one even remembers what the superlative du jour was before that.

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Hailstorm Damages Austrian Airlines Airplane

Retail Wire

The nose and cockpit of the aircraft were severely damaged.

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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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Tasmania plans new laws to protect retail staff

Inside Retail

Tasmania’s government is to pass a new law to protect frontline workers, including retail employees from being physically attacked. According to the Australian Retailers Association (ARA), Tasmania will join SA, NSW, the NT, WA, and Victoria in enacting legislation in response to the rising occurrence of customer hostility and assault. Harder penalties will be imposed, and under the new Tasmanian regulations.

Planning 130
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Norway Fund Opposes Musk’s $56B Tesla Pay Package

Retail Wire

Over the weekend, Norway's $1.7 trillion sovereign wealth fund announced its plans to vote against the approval of Tesla CEO Elon Musk's $56 billion compensation package.

Planning 130
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Walmart to bring electronic shelf labels to thousands of stores

Retail Dive

The retailer expects to deploy the technology to 2,300 locations by 2026 in a bid to improve efficiency and customer service.

Location 123
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Elliott Investment Sinks $2B in Southwest Airlines, Pushes for Change

Retail Wire

The activist investment firm has put major money into Southwest Airlines.

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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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TJX to expand into Mexico

Retail Dive

Both analysts and the off-pricer itself, which runs TJ Maxx, HomeGoods and other retailers in the U.S., see opportunity in international expansion.

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Sainsbury’s cuts plastic waste by almost 700 tonnes in packaging revamp

Retail Gazette

Sainsbury’s is introducing a raft of packaging changes across its own-brand chicken and fish lines, with the new coverings set to save 694 tonnes of plastic a year. All the grocer’s own-brand salmon fillet trays are switching from pulp cardboard instead of plastic, in a UK retailer first, which will result in 70% less plastic, saving 346 tonnes a year.

Grocer 119
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£45M Investment in Gunwharf Quays Enters Second Phase

365 Retail

Portsmouth City Council has granted planning permission for the second phase of Landsec’s £45 million investment in Gunwharf Quays. This phase aims to enhance the visitor experience at the waterfront outlet destination. The second phase of investment focuses on Marlborough Square, one of the primary points of arrival at Gunwharf Quays. The planned improvements include enhancements to the entrance tunnel used by guests arriving via Portsmouth Harbour train station or from the Historic Dockyard.

Planning 109
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One in three Asda staff attacked at work, GMB survey reveals

Retail Gazette

One in three Asda staff have been attacked at work, according to a GMB survey that included reports of workers being stabbed, punched and threatened with syringes. In the poll of almost 1,000 staff at the supermarket , the union said workers told how they had been spat at, suffered broken bones, been hit with bottles and had death threats against them and their children.

ATS 115
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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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460K Telluride SUVs Recalled by Kia

Retail Wire

Kia America is taking proactive measures to address a serious safety concern by recalling more than 450,000 Telluride SUVs due to a potential fire risk.

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In pictures: Miniso opens first-ever blue store at Bluewater Shopping centre

Retail Gazette

Miniso has ditched its signature pink branding as it opens its first-ever blue store inside Bluewater Shopping Centre in Kent. The 2,000 sq ft blue store, inspired by the popular Sanrio Cinnamoroll character , stocks the retailer’s best-sellers, such as its blind boxes, plushies, affordable homewares and accessories. It is among the few UK stores to feature the retailer’s beauty and self-care range, including face masks, hand creams, and lip masks.

Shopping 105
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Saudi Oil Giant Aramco’s Shares Rise From Foreign Investors

Retail Wire

Saudi Aramco's latest $11.2 billion stock sale saw a significant shift in investor interest, with over 50% of the shares being allocated to foreign investors.

Marketing 100
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Mango bolsters homeware offer with new director

Retail Gazette

Mango has appointed Nuria Font as the new director of Mango Home as the Spanish fashion retailer looks to strengthen its homeware offer. Font joined the business back in 2006 as product manager in commercial product management and has held various senior positions within the company since, most recently director of Mango’s wholesale department. She succeeds Laura Vila, who spent 17 with the retailer and led the launch of the home line in 2021.

Wholesale 105
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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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Gold Nugget as Large as a Goose Egg Stolen From Collectible Expo

Retail Wire

A rare gold nugget the size of a goose egg was reported stolen Thursday from the Long Beach Convention Center in California.

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McMillon to Walmart associates: embrace change

Mass Relators

FAYETTEVILLE, Ark. — Complacency is the enemy of excellence. Doug McMillon delivered that message to a gathering of some 14,000 colleagues that marked the culmination of Walmart’s annual Associates Week. Recalling his 40-year career with the retailer, McMillon, who has served as president and CEO for the past decade, said, “I have seen a lot of change in this company.

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Transforming Security: Latest Innovations Driving Partner Growth

Cisco Retail

Check out a recap of our latest Cisco Security announcements. Read on to hear about all the security innovation, what it means for partners, and what’s ahead together.

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Nearly 90% of consumers bought or sold used items in the last year: EBay

Retail Dive

With sustainability at the forefront of their decision-making, the report finds that Gen Z and millennials are the top purchasers of circular fashion.

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Activating Intent Data for Sales and Marketing

Sales and marketing leaders have reached a tipping point when it comes to using intent data — and they’re not looking back. More than half of all B2B marketers are already using intent data to increase sales, and Gartner predicts this figure will grow to 70 percent. The reason is clear: intent can provide you with massive amounts of data that reveal sales opportunities earlier than ever before.