Retail TouchPoints
JUNE 20, 2024
In today’s rapidly evolving world, innovation is at the forefront of every industry, and manufacturing is no exception. One of the most exciting developments in manufacturing is the emergence of smart clothing and wearable technology, which is revolutionizing traditional production methods and reshaping the way we think about garments and how they are made.
Inside Retail
JUNE 20, 2024
After a 20-year career as one of Australia’s most sought-after TV presenters, Talitha Cummins has come full circle with the 2022 launch of her jewellery business The Cut. Cummins was first immersed in the fine jewellery world at the age of 16, and she worked in the industry with and was encouraged by her uncle, Craig Blizzard, a veteran jeweller with 50 years of experience.
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Retail TouchPoints
JUNE 20, 2024
Target plans to roll out a new gen AI-powered chatbot designed to aide store associates in nearly all of its 2,000 stores following a six -month pilot at 400 locations. The majority of Target’s associates will have the tool, called Store Companion, in hand by August to help with on-the-job process questions, new team member training, store operations management and other tasks.
Inside Retail
JUNE 20, 2024
The Reserve Bank of Australia (RBA) says it will “revisit” the issue of surcharging in the buy now, pay later (BNPL) sector, flagging a new review to assess if payment sector reforms are necessary. Under proposed changes to the Payment Systems (Regulation) Act 1998 (PSRA), the definition of ‘payment system’ and ‘participant’ will be expanded, giving the RBA more power to regulate the conduct of BNPL providers, digital wallet participants, and other new competitors in the payments space.
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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.
Retail TouchPoints
JUNE 20, 2024
Claire’s CEO Ryan Vero has stepped down, leaving current COO and CFO Chris Cramer to take over on an interim basis. Cramer will continue serving as COO and CFO in addition to his new responsibilities as CEO. Neither Claire’s nor Vero provided a reason for Vero’s departure. “Since joining Claire’s last year, Chris has demonstrated extensive operational and financial leadership and helped drive our strategic roadmap,” said Samantha Algaze, Chairperson of the Claire’s Boa
Retail Wire
JUNE 20, 2024
Hertz Global Holdings Inc. is launching a $750 million debt offering to strengthen its financial position following issues with its electric vehicle fleet.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail Wire
JUNE 20, 2024
Walt Disney Co. is dealing with the repercussions of canceling its plan to relocate 2,000 employees from California to a new Florida location.
Inside Retail
JUNE 20, 2024
In 2006 Nicole Eckels set out to create a new category that sits at the intersection of beauty and homewares: luxury scented candles. Since its founding, Glasshouse Fragrances has earned a reputation for “forever changing the candle market” with its product offering. “It makes me feel incredibly honoured and privileged to have the opportunity to create the scented candle category in Australia – when I started Glasshouse, it didn’t exist,” Eckels, Glasshouse Fragrances’ founder and CEO, tol
Retail Wire
JUNE 20, 2024
As the summer season begins to heat up, many people will opt to cool down and enjoy a delicious treat with a refreshing smoothie.
Inside Retail
JUNE 20, 2024
Sports giant Puma has appointed K-pop girl band member Blackpink’s Rose as its worldwide brand ambassador, joining the Puma Sportstyle ambassador list including Rihanna, A$AP Rocky, Dua Lipa, and Skepta. Rose will be featured in Puma’s “Rewrite the Classics” program, which honors Puma’s franchises and will start the collaboration by wearing the Puma Palermo collection.
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Retail Wire
JUNE 20, 2024
Instagram feeds are now filled with unfamiliar messages claiming users' ownership of their posts and images, past and future.
Retail TouchPoints
JUNE 20, 2024
Berrios , a furniture and appliance retailer celebrating its 50 th anniversary, will deploy SaaS technology from Storis designed to optimize inventory management, improve sales processes and deliver a seamless omnichannel experience to customers. “Partnering with Storis is a significant step forward for our company,” said Douglas Spencer, VP of Berrios in a statement.
Retail Wire
JUNE 20, 2024
Rite Aid is currently in bankruptcy proceedings to restructure its debt.
Inside Retail
JUNE 20, 2024
Gotcha Fresh Tea has launched new stores across Australia and internationally, aiming to strengthen its position in the bubble tea market. New Australian store locations include Doncaster, Adelaide Myer Centre Rundle Mall, World Square, Waverley Garden, and a flagship site in Sydney Fish Market. In addition, Gotcha Fresh Tea is expanding globally, with a new store in Mexico and 10 additional stores under negotiation.
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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 TouchPoints
JUNE 20, 2024
With consumers increasingly looking for value amid economic pressure, the resale sector is booming, and that fact is reflected in the continued development of secondhand offerings from retailers. Among the latest are a new marketplace for pre-owned wedding dresses from famed NYC bridal retailer Kleinfeld Bridal (host location of TLC’s Say Yes to the Dress ) and an expansion of New Balance ’s shoe trade-in program from online-only to 100 stores.
Inside Retail
JUNE 20, 2024
PayPal has hired one of Walmart’s top tech executives Srini Venkatesan to head up the company’s push into artificial intelligence as its new chief technology officer, the company told Reuters on Thursday. Venkatesan will oversee technology across the payments giant, including AI and machine learning, information security and product engineering, the company said.
Retail Wire
JUNE 20, 2024
Morgan Stanley is ramping up its investments in Latin America amid rising geopolitical conflicts, recognizing the region's growing economic importance.
Inside Retail
JUNE 20, 2024
After a 20-year career as one of Australia’s most sought-after TV presenters, Talitha Cummins has come full circle with the 2022 launch of her jewellery business The Cut. Cummins was first immersed in the fine jewellery world at the age of 16, and she worked in the industry with and was encouraged by her uncle, Craig Blizzard, a veteran jeweller with 50 years of experience.
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.
Retail Focus
JUNE 20, 2024
The retail industry has gone through a huge transformation in the past two decades as shopping habits have gone from in-person to online. The number of people using websites and apps has never been higher and it is estimated that nearly 2.71 billion people will shop online in 2024, according to Oberlo. What’s more, this number is supposed to grow even more by the end of 2025.
Inside Retail
JUNE 20, 2024
When rolling out facial recognition payment systems in its stores in Guangdong, southern China, 7-Eleven discovered a problem: if someone completing a transaction bent over to get something out of their carry bag, the customer standing behind could end up paying the bill. Danni Peirce, CEO at DFI Retail Group’s 7-Eleven business, whose remit includes stores across Guangdong, told delegates at the recent NRF Apac convention in Singapore the problem was resolved by switching from facial recognitio
Retail Wire
JUNE 20, 2024
This summer, McDonald's is teaming up with local franchisees to bring a series of exciting deals on fan-favorite menu items, making it easier for customers to enjoy their favorites without breaking the bank.
Retail Focus
JUNE 20, 2024
With over 5 billion internet users, according to Forbes, it shouldn’t be surprising that many of us opt for the convenience of purchasing goods online. However, does this mean that the brick-and-mortar retail business model is set to become a thing of the past? Well, if you’re just as curious as us, make sure to keep reading as we’ll discuss below. The Digitisation of Retail With the internet becoming more commonplace in the late 90s, many physical industries moved online.
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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
Retail Gazette
JUNE 20, 2024
Love Island will be opening its first-ever pop up shop at Bluewater Shopping Centre in Kent next week. The pop-up will open on 25 June for four weeks and will house various products seen on screen during the popular ITV reality show, including its famous water bottles , which will be available for personalisation among other items. Alongside a host of summer-ready products all inspired by the show, season 5 contestant Amy Hart will officially open the shop to celebrate the grand opening next wee
Retail Wire
JUNE 20, 2024
The burrito company was founded by an ex-hedge fund manager.
Retail Gazette
JUNE 20, 2024
Miniso is set to open its biggest store in the north of England in Manchester’s Trafford Centre. Located on the ground floor between Boots and John Lewis, the lifestyle retailer’s 2,700 sq ft space will open on 5 July. The opening marks Minso’s 28th store in the UK and the second in Manchester, following the success of its Arndale shop which made its debut last year.
Retail Wire
JUNE 20, 2024
Diamond Shruumz has refused to recall the microdosing candy.
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
Retail Gazette
JUNE 20, 2024
Collapsed health and beauty chain The Body Shop owes its former owner Natura &Co £15m worth of debt in unpaid bills. The health and beauty retailer owes Natura the money for items it supplied, with the bills dating from the period when Aurelius took over The Body Shop before it fell into administration, Retail Week reported. Around 65% of The Body Shop’s supplies still come from the Avon factory based in Poland, which is owned by Natura, despite the retailer’s previous change in
Mulesoft
JUNE 20, 2024
Discover how Intelligent Document Processing (IDP) can revolutionize your healthcare organization by automating data handling and enhancing operational efficiency. The post Exploring the Potential of Intelligent Document Processing in Healthcare first appeared on MuleSoft Blog.
Retail Gazette
JUNE 20, 2024
Retail sales rebounded last month as sunny weather and the double bank holidays lured shoppers out to the high street. The latest figures from the Office for National Statistics (ONS) show sales volumes rose by 2.9% in May, following a fall of 1.8% the month before. Non-food stores sales rose 3.5% last month – marking the largest monthly rise since April 2021 – driven by improved footfall, better weather and the impact of promotions, retailers reported.
Retail Wire
JUNE 20, 2024
One month after departing OpenAI, co-founder Ilya Sutskever has announced the launch of a new company named Safe Superintelligence Inc.
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