August, 2021

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July retail sales up 11.5% despite consumers traveling, dining out

Retail Dive

Growth compared to 2019 outpaced the year-over-year rise, partly because shoppers are flush with savings thanks to governmental support.

Consumer 138
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Don’t miss out – it’s now or never for digital transformation

Inside Retail

We’re living in an era that has seen profound technological advances change the face of retail. Just a decade ago, Instagram and Afterpay were barely in their inception phase – now, it’s hard to imagine any B2C business not taking advantage of these tools. As new tech continues to emerge, it’s becoming increasingly clear that businesses keeping pace with progress are setting themselves up to thrive, while those struggling to keep up will inevitably fall behind.

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Returns: The Hidden Opportunity for Retail

Retail TouchPoints

Returns provide brands and retailers the opportunity to delight their customers. But not all brands and retailers are seizing this opportunity. According to the National Retail Federation (NRF), the U.S. market saw over $400B in returns in 2020. If this dollar value were a proxy for revenues, the returns channel would be the second largest global retailer behind Walmart.

Returns 336
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IKEA trials “Home Experience of Tomorrow” concept store

Retail Focus

IKEA Xuhui will be testing an innovative retail concept centred around enabling people to live a better and healthier life within the limits of the planet. Called the “Home Experience of Tomorrow”, the transformation includes an innovative new design and incorporates new technology, new ways to shop, and a focus on emotional and empowering customer experiences.

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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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Allbirds rolling out eco-friendly clothing to pair with wool sneakers

Retail Wire

Allbirds, famous for its wool and sneakers, is rolling out a new line of athletic wear also using wool and yarn made from eucalyptus trees. Allbirds co-CEO Joey Zwillinger said that the new line, which was in development for two years, offers both performance and eco-friendliness. “We think we can exceed the performance expectations of what’s out there,” he said.

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Retail advertising beyond the cookies?

Tokinomo

Everybody loves cookies. However, in this article, we are going to talk about a different kind of cookie. Online advertising is not going to look the same after 2023. Why? Because Google announced last year that it is letting go of third-party cookies. How is this going to affect FMCG brands and retailers? What can they do to make sure that they still offer personalized experiences to shoppers?

More Trending

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Online only supermarket Geezy Go launches in Sydney

Inside Retail

New on-demand food and grocery service Geezy Go has launched a digital supermarket serving Sydney, aiming to compete with Woolworths and Coles. . The online supermarket offers an under 20-minute delivery service, promising products priced similar to or lower than its rivals. The e-commerce store houses a comprehensive range of local and branded food and grocery products, ranging from plant-based food, pantry & staples, pharmacy to cleaning supplies. .

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Exclusive Q&A: How Stojo’s Sustainable Cups Spread from the MOMA Store to Target

Retail TouchPoints

Jurrien Swarts, CEO, Stojo. If you want a tutorial in how to be an environmentally responsible company, not just in one or two areas but end to end, take a look at collapsible cup and container manufacturer/retailer Stojo. The fast-growing company applies circular principles not just to its products but to their component parts, extending even to how those parts are fitted together — because no glue is used, the individual elements can be separated and placed in their own recycling streams.

Consumer 336
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David M Robinson expands its presence at Liverpool ONE with opening of OMEGA boutique

Retail Focus

Grosvenor Britain & Ireland has announced that award-winning British luxury jewellery retailer, David M Robinson (DMR), is to open a new OMEGA boutique on South John Street at the heart of Liverpool ONE. Spanning 2,000 sq ft, the new Omega store will complement the existing DMR boutique on South John Street, which has operated at Liverpool ONE since the destination launched in 2008. .

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Mattress Firm may close more stores but sees a turnaround in progress

Retail Wire

Mattress Firm, which took a huge sales hit when it was forced to close stores last year due to the pandemic, has said that it has seen a rebound in its business due to the dissemination of federal stimulus dollars and an easing on COVID-19 related restrictions. The retailer’s CEO, John Eck, said the company will continue to open some stores and close others as it seeks the right balance for the market.

Marketing 246
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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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Hard Seltzer - The trendiest beverage on the market

Tokinomo

Nobody knew what hard seltzer was back in 2012 and now it has become the most popular alcoholic beverage in the United States. How can this new beverage takedown well-known giants like wine and whiskey? Marketing might be the differentiator.

Marketing 246
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MAP Violations: How, When, & Why You Need to Monitor & Eliminate Them

Intelligence Node

eCommerce has grown tremendously in the last year and a half. While it was already on its way to mass adoption, the pandemic further accelerated the shift to digital and birthed many first-time online shoppers. The growth in eCommerce has opened many new avenues for brands and is a window into the future of retail. […]. The post MAP Violations: How, When, & Why You Need to Monitor & Eliminate Them appeared first on Blog.

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Harvey Norman hits record profit in Australia

Inside Retail

Harvey Norman has delivered another strong year in spite of the Covid-19 crisis, with total revenue up 15.3 per cent to $9.49 billion, and profit after tax up 75 per cent to $841.4 million. Earnings at the furniture and homewares business also spiked during the year, growing 54 per cent to $1.45 billion, with Harvey Norman’s Board recommending a payout of a fully-franked dividend of 15 cents per share.

Shopping 305
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Q2 2021 Roundup: How Target, Macy’s and Foot Locker Harnessed Consumer Optimism

Retail TouchPoints

Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. The spring and early summer was an optimistic time for many consumers who finally emerged from lockdowns looking to refresh their wardrobes and find items suited for smaller local outings during the warmer months. While there were success stories across the industry, three retailers stood out with strong, expectation-topping results: It’s no surprise that Target had another strong quarter, but

Consumer 328
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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FitPink springs into Victoria Square Belfast for debut store

Retail Focus

Victoria Square, the 694,000 sq ft retail and leisure destination in the heart of Belfast, owned by German Commerz Real’s real estate fund Hausinvest, has signed FitPink athleisure for the socially-conscious fitness brand’s first permanent brick-and-mortar store. Founded in 2017 by Jenni Timony, FitPink athleisure is a specialist women’s sports and lifestyle clothing brand with a strong ethos in championing women and sustainability.

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Target opening 100 Disney shops ahead of Christmas

Retail Wire

Target said it will grow the number of locations that house Disney shops from 53 at present to 160 by the end of the year. The retailer is also releasing its Bullseye’s Top Toys list with 50 toys and games, including 22 that are exclusive to the chain.

Shopping 246
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EXPERT ROUND-UP: All about the customer

Tokinomo

We begin this expert round-up with a simple question: What is the most important part of any business? If you thought about the customer, then you are right! This is why we decided to ask 4 of the best retail experts their opinion about customer satisfaction and experience.

Shopping 246
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5 Best Practices to Improve Your Digital Shelf Performance

Intelligence Node

The Fight for Customer’s Attention has Intensified The COVID-19 pandemic has changed the face of retail forever. eCommerce quickly took the center stage as more brands and retailers were coaxed to move their businesses online or take the omni-channel route. The number of online stores grew rapidly and with that the competition to get in […]. The post 5 Best Practices to Improve Your Digital Shelf Performance appeared first on Blog.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

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.

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$24m investment into recycling to help retailers hit sustainability targets

Inside Retail

The Federal and NSW Governments announced a joint $24 million investment into greater recycling capabilities across the state on Monday, a decision which will see 22 projects greenlit with the intention of reducing waste. ARA boss Paul Zahra said the scheme will provide retailers with more options to recycle, and will go a long way to help the industry make more sustainable decisions.

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145-year-old Bissell Brand Leverages Livestreaming, 11.11 and KOLs to Clean up in China

Retail TouchPoints

Bissell is a quintessentially American brand. Launched in 1876 in Michigan, the floor care company is now run by the fourth and fifth generations of Bissell family executives and is steeped in Americana. The brand’s original carpet sweeper was featured in a Norman Rockwell painting commissioned by co-founder Anna Bissell. Incidentally, she became the country’s first female CEO when she took over after the death of her husband Melville.

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Moncler opens new flagship store in Los Angeles

Retail Focus

Moncler announces the relocation of its Los Angeles boutique to a new design space. The flagship store is located at 340 North Rodeo Drive, in the prestigious shopping neighborhood of Beverly Hills. Spanning over two levels with a total selling area of 375 square meters (4,015 feet), the boutique’s exteriors and interiors blend Moncler’s distinctive mountain-inspired heritage with L.A.’s bright aesthetics to create a warmer atmosphere.

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Walmart says corporate and management-level workers must get COVID-19 vaccine

Retail Wire

Walmart has decided that its corporate staff and management-level employees must get vaccinated against COVID-19 by Oct. 4. The company has also begun a phased-in approach to bringing employees back to the office who have been working remotely during the pandemic.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

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Hybrid Retail: Find the right mix of channels for your shoppers

Tokinomo

Retailers and brands are constantly adapting to new trends. When the pandemic started to affect the way we live and shop, retailers knew that things would look different after restrictions were lifted. However, nobody expected this massive digitalization in all industries.

Shopping 246
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What you see is what you get … to protect

Cisco Retail

In my first nearly 90 days since joining Cisco , I’ve spoken with customers from around the world. And one thing that I continue to hear? The shift to a more distributed workforce is driving the need for anywhere, anytime access to resources, wherever they exist. Prior to 2020, many treated “digital transformation” as merely a buzzword — a low priority, at best.

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Snap lockdowns weighing on ‘battle-weary’ retailers, public

Inside Retail

Australia’s battle with the Delta variant of Covid-19 is continuing to shut businesses down, with the state of Victoria re-entering lockdown, rejoining New South Wales and Queensland in shutting non-essential retail and restricting citizens movements in light of surging cases. Victoria’s state premier Dan Andrews said he would have preferred to wait to reintroduce restrictions, but that, as seen in Sydney’s case, they only get one chance to act before the more infectious strain gets away from he

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Zebra Technologies Acquires SaaS Forecasting and Merchandising Solution

Retail TouchPoints

Zebra Technologies will acquire antuit.ai , a provider of AI-powered Software-as-a-Service (SaaS) solutions designed to assist with forecasting and merchandising in the retail and CPG industries. Antuit.ai will serve as the planning and demand forecasting module within Zebra’s retail software portfolio. Antuit.ai aims to help users ensure they have the right product in the right place, at the right time, at the right price, based on the current state of the supply chain, store inventory and cons

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How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.

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Mango opens new flagship store in Oxford Street

Retail Focus

Fashion retailer Mango has launched a new flagship store in London. The new space will be located at 223-235 Oxford Street, taking the total number of stores in the United Kingdom to 43. The aim is to create a functional, relaxed and welcoming space that promotes and simplifies the interaction between the customer and store staff, as well as improving the distribution of collections.

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Delta variant takes a bite out of July’s retail sales

Retail Wire

Retail sales in July fell 1.1 percent as a surge of COVID-19 cases connected primarily to the Delta variant made Americans more cautious about shopping in stores. Consumers cut back their spending at retailers selling clothing, furniture and sporting goods, according to Commerce Department data. Economists had expected a 0.3 percent decline in July.

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On Thin Ice: Arctic AI Model Predicts Sea Ice Loss

Nvidia

Promising more accurate predictions in an era of rapid climate change, a new tool is harnessing deep learning to help better forecast Arctic sea ice conditions months into the future. As described in a paper published in the science journal Nature Communications Thursday, the new AI tool, dubbed IceNet, could lead to improved early-warning systems to protect Arctic wildlife and coastal communities.

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Deploying the Cisco Catalyst 9104 Stadium Antenna—AKA the Catalyst 9130 AP on steroids!

Cisco Retail

Cisco Catalyst 9104 in landscape orientation on second story roof. Cisco recently asked me to test out a new access point/antenna combination called the Cisco Catalyst 9104 Stadium Antenna. I agreed but I was not at all prepared for what I was about to receive! To make a long story short—these things came on a pallet. They are huge, and for good reason.

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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.