March, 2022

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Retail welcomes expansion of national plastic recycling fund

Inside Retail

The Australian government has announced an additional investment of $60 million in the Recycling Modernisation Fund, bringing the total investment to $250 million. The fund will focus on advanced plastic recycling technology and tackle problematic single-use plastics like bread bags, chip packets, cereal box liners, chocolate wrappings. “This new funding stream, dedicated to helping solve the problem of hard to recycle plastic waste, demonstrates our determination to invest in Australian industr

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How the Metaverse can Benefit Physical Retail Stores

Retail TouchPoints

With industries around the world showing interest in the metaverse, retail leaders are facing the exciting opportunity to follow suit and provide customers with the ease of online shopping without compromising the benefits of the physical experience. For example, Forever 21 is getting involved by collaborating with the popular online game Roblox, allowing users to customize virtual fashion stores using Forever 21 products and then purchase the physical equivalents on their website.

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The importance of investing in the community 

Retail Focus

It is now widely accepted that the role of retail destinations has evolved considerably. Changes that had taken hold in the last decade have been accelerated by the pandemic and by the ensuing change in consumer habits. The response both from the retail industry and the real estate owners/investors has been widespread and varied. But the common theme is ‘relevance’.

Shopping 306
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Walgreens puts robots to work filling prescriptions

Retail Wire

Walgreens Boots Alliance is opening micro-fulfillment centers that use robots to fill customers’ prescriptions. The drugstore giant expects it may use robots to fill as many as half its prescriptions by 2025.

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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.

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Shelf Inventory Management: The trickiest issue in retail?

Tokinomo

Brick and mortar retailers have a lot of challenges to deal with after two years of pandemic and a rapid online shopping habit adoption. Apart from having to provide an amazing experience in-store to attract the attention of shoppers, they also need to make sure that they have the products shoppers are looking for.

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NVIDIA Research Turns 2D Photos Into 3D Scenes in the Blink of an AI

Nvidia

When the first instant photo was taken 75 years ago with a Polaroid camera , it was groundbreaking to rapidly capture the 3D world in a realistic 2D image. Today, AI researchers are working on the opposite: turning a collection of still images into a digital 3D scene in a matter of seconds. Known as inverse rendering, the process uses AI to approximate how light behaves in the real world, enabling researchers to reconstruct a 3D scene from a handful of 2D images taken at different angles.

ATS 145

More Trending

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As Malls Reinvent Themselves, Department Stores Will Need to Rethink and Redesign

Retail TouchPoints

It’s no secret that malls are struggling for relevancy. Once the “it” hangout spot for elderly mall walkers and teenyboppers alike, many malls have been left in the dust by rapid shifts in the way consumers live, work and shop. In mid-2021 Moody’s Analytics predicted that of the roughly 1,000 or so traditional malls left in the U.S., 20% would close or go through a “major repurposing” in the very near future, and other analysts have predicted closure rates closer to 30%.

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Woking’s Victoria Place welcomes Moss Bros

Retail Focus

Moss Bros has launched a new concept store at Victoria Place, the recently launched £700 million regeneration scheme in Woking town centre co-owned by Woking Borough Council and Moyallen Group. Occupying a 2742 sq ft space, the brand has opened on Victoria Place’s Henry Plaza. . The Moss Bros new concept store is designed to meet the needs of every shopper, including a dedicated style suite with its own fitting room and a cash desk for private appointments.

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Transitioning to IPv6 for Simplicity, Efficiency, and Modernization

Cisco Retail

Over two decades ago—an eternity in internet time—the most recent version of the Internet Protocol (IPv6) was approved that vastly increased the available number of IP addresses—the unique identifiers for each device connecting to the internet. Back then, the Internet Engineering Task Force (IETF) standards body realized that the immense growth of the internet and the number of devices connecting to it would “soon” exceed the available 32-bit format of IPv4 addresses—a mere 4.3 billion—and imped

Planning 145
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Announcing DataWeave libraries in Exchange

Mulesoft

We often hear that DataWeave scripts can become a critical part of Mule applications, covering complex logic that often needs to be replicated elsewhere. So being able to document and share that logic across applications has become a need for many. With this in mind, MuleSoft is thrilled to announce that DataWeave is not only […]. The post Announcing DataWeave libraries in Exchange first appeared on MuleSoft Blog.

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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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What Is a Transformer Model?

Nvidia

If you want to ride the next big wave in AI, grab a transformer. They’re not the shape-shifting toy robots on TV or the trash-can-sized tubs on telephone poles. So, What’s a Transformer Model? A transformer model is a neural network that learns context and thus meaning by tracking relationships in sequential data like the words in this sentence. Transformer models apply an evolving set of mathematical techniques, called attention or self-attention, to detect subtle ways even distant data element

ATS 145
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7-Eleven to pay $595,000 after chain misled franchisee about lease terms

Inside Retail

Convenience chain 7-Eleven must pay $595,000 to a franchisee after the Victoria Supreme Court found the franchisor had made misleading statements about the term of a franchise agreement. The retailer was found to have breached the Australian Consumer Law in its pre-purchase dealings with Yong Li and Zhe Wang who bought the 7-Eleven Heathmont store in 2015.

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4 Ways Ecommerce Returns Will Change in 2022

Retail TouchPoints

Ask any retailer or consumer and they’ll agree on this point: ecommerce returns are a problem — albeit for diametrically opposed reasons. The cost of returns keeps ecommerce operators awake at night — so much so that some large retailers have adopted a “just keep it” policy towards certain purchases, opting to issue a refund without asking for the merchandise back (a trend that may prove unsustainable for both margins and the environment if consumers come to expect it).

Returns 307
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Kate Spade New York celebrates the opening of a new store at the Boulevard, Northern Ireland

Retail Focus

Global lifestyle brand, kate spade new york, is to open its first Northern Irish store in April 2022, at designer outlet, The Boulevard. . Taking prime position at the entrance of the Lotus Property-owned scheme, which is positioned on the A1 corridor between Belfast and Dublin, the 1458 Sq ft store will open April 2022, offering a range of product categories, including ready-to-wear, handbags, accessories, small leather goods, tech accessories and jewellery. .

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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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How this IoT device from charity: water could advance water access for billions

Cisco Retail

The Transformational Tech series highlights Cisco’s nonprofit grant recipients that use technology to help transform the lives of individuals and communities. Founded in 2006, nonprofit charity: water has shown an incredible commitment to ensure that more people have access to enough clean water. With the assistance of grant funding from Cisco, charity: water has finalized designs, tested, and implemented a first-of-its-kind Internet of Things (IoT) sensor to remotely monitor rural community h

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Welcoming the New MuleSoft Ambassador Cohort of 2022

Mulesoft

We are very excited to introduce the new MuleSoft Ambassador Cohort of 2022 and welcome the first cohort of MuleSoft Ambassador Alumni. Additionally, we have heard your feedback and have created a clearer path for all MuleSoft Community members to become MuleSoft Ambassadors. MuleSoft Ambassadors are the best of the best in the MuleSoft Community. […].

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What Is GauGAN? How AI Turns Your Words and Pictures Into Stunning Art

Nvidia

GauGAN , an AI demo for photorealistic image generation, allows anyone to create stunning landscapes using generative adversarial networks. Named after post-Impressionist painter Paul Gauguin, it was created by NVIDIA Research and can be experienced free through NVIDIA AI Demos. How to Create With GauGAN. The latest version of the demo, GauGAN2, turns any combination of words and drawings into a lifelike image.

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The impact of the image: how graphic design can elevate your brand

Inside Retail

If you’re an entrepreneur trying to start or grow a business this year, you need a way to stand out from the competition. With 5.4 million new businesses started in 2021 in the US alone and that number rising every year, saying you’ve got your work cut out for you is one hell of an understatement. At FMD, we can confidently say that we offer some of the very best brand designs Melbourne has to offer.

Marketing 279
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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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Babylist Blends URL and IRL Engagement with Virtual Showroom

Retail TouchPoints

Whether they’re shopping for clothes, toys, books, furniture or electronics, consumers shopping for baby items can easily be overwhelmed by the volume of information available — especially online. For more than a decade, Babylist has helped make researching, registering and buying items more seamless, thanks largely to its robust content strategy. Now, as its users rely more on digital channels and content to make buying decisions, Babylist is reaching a new frontier of engagement with its Cribs

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Never, Never, Never Be Late

Hyken

Never being late … that’s not realistic. It’s going to happen. It’s not a question of if. It’s when. . But you might say, “It’s not my fault!” And maybe it’s not. For example, you may be driving to a lunch meeting, and a car accident shuts down the highway making you. And it’s not just about arriving late to a commitment. It could be a delay in shipping a product.

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5 Reasons a Raspberry Pi Belongs in Your Network Lab

Cisco Retail

It’s Pi Day, everyone — my favorite crowd-sourced holiday. And not just because of my deep affection for fruit/sugar-filled pastries. Nope, since it was first released ten years ago, I’ve loved the Raspberry Pi microcomputer. So, when I was asked if I had any ideas for a Pi-Day blog, I knew exactly what I wanted to write. So, I bring you… 5 Reasons a Raspberry Pi Belongs in Your Network Lab!

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8 Reasons Why Blockbuster Failed & Filed for Bankruptcy

Indigo 9 Digital

By Tricia McKinnon Before the advent of streaming Blockbuster was a popular video rental store where customers could rent their favourite movies on VHS tapes or DVDs and watch them at home. While it’s hard to imagine having to leave the comfort of your home to rent a movie, at one time in the 90s and the early 2000s Blockbuster was extremely popular.

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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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What Is Path Tracing?

Nvidia

Turn on your TV. Fire up your favorite streaming service. Grab a Coke. A demo of the most important visual technology of our time is as close as your living room couch. Propelled by an explosion in computing power over the past decade and a half, path tracing has swept through visual media. It brings big effects to the biggest blockbusters, casts subtle light and shadow on the most immersive melodramas and has propelled the art of animation to new levels.

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David Jones struggles through a tough first half

Inside Retail

Lockdowns and store closures have severely affected David Jones’ first-half performance, with sales turnover and concessions declining by 9.2 per cent. Online sales rose 44.2 per cent however, and contributed 28.1 per cent of total sales during this period, and comparable store sales fell 9 per cent – only to pick up in the last six weeks of the period, including Boxing day sales, growing 3.2 per cent. .

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Creating Retail Agility Requires a New Way to Think about Data

Retail TouchPoints

Disruptions to the supply chain, shifts in customer behavior, and even unexpected weather events are impacting retail sales across ecommerce and brick-and-mortar — changing where, when, how and why customers purchase. It’s those retailers that can most quickly and accurately react to these turbulent market forces and behaviors that are creating the most innovative and positive customer experiences.

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MarketSpace Capital, Park Harbor Capital Complete Purchase of Tri-County Mall Near Cincinnati, Plan $1 Billion Redevelopment

Shopping Center

Springdale, Ohio — MarketSpace Capital and Park Harbor Capital, two private real estate investment and development firms based in Texas, have officially closed on their purchase of Tri-County Mall, an enclosed, 1.3 million-square-foot regional shopping center in the Cincinnati suburb… The post MarketSpace Capital, Park Harbor Capital Complete Purchase of Tri-County Mall Near Cincinnati, Plan $1 Billion Redevelopment appeared first on Shopping Center Business.

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Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

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SASE and SSE: what you need to know

Cisco Retail

Technology advances are meant to improve our lives, from better protection to faster connections to simplifying and streamlining processes for better efficiency. But with every new advancement and innovative framework there seems to come a new acronym to keep track of in the already crowded space of cybersecurity tech terms. C2. CSIR. SASE. And now, Security Service Edge, or SSE.

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Hermes to change its name to Evri

365 Retail

Courier giant Hermes is to change its name and invest millions of pounds in pensions for its employees, the company has announced. The GMB union said it was a “breakthrough” deal which will give couriers proper retirement plans and the right to maternity and paternity leave. Hermes is to rebrand as Evri, with a new logo rolled out across the country.

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Storage Specialist Excelero Joins NVIDIA

Nvidia

Excelero, a Tel Aviv-based provider of high-performance software-defined storage, is now a part of NVIDIA. The company’s team of engineers — including its seasoned co-founders with decades of experience in HPC, storage and networking — bring deep expertise in the block storage that large businesses use in storage-area networks. Now their mission is to help expand support for block storage in our enterprise software stack such as clusters for high performance computing.

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Boss launches NFT in social impact project

Inside Retail

Premium fashion brand Boss has collaborated with NFT company Boss Beauties to introduce the Boss x Boss Beauties Dream Like a Boss program, which aims to mentor young women. One of the Boss Beauties NFTs is on auction until March 12 and the revenue will be donated to the co-created mentorship program. In addition, a limited-edition T-shirt featuring the NFT is being sold on Boss’s website, with a share of sales going to the Dream Like a Boss program. .

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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

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.