February, 2022

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ABS data shows a retail rebound in January

Inside Retail

Retail sales surged by 6.4 per cent in January, according to data released by the Australian Bureau of Statistics today. Sales of clothing, footwear and personal accessories also recorded a 7 per cent year-on-year increase, while sales by restaurants, cafes and takeaway services rose by 6.2 per cent, and of household goods by 5.9 per cent. Food retailing recorded the largest monthly increase since last July, up by 4.5 per cent in January. .

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Just scratching the surface

Retail Focus

If there is one thing that almost all retailers have in common, it is surfaces. No matter what sort of environment you are working in, you will almost certainly have some sort of surface space at your disposal. However, these spaces can often be underutilised by retailers as they focus their attention elsewhere in the store or shop. Walls are left painted white, countertops blank and floors are scuffed and dirty, but with a few simple, often cost-effective changes to these surfaces, you can comp

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Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

No matter how fast the modern payment ecosystem is developing, the pursuit of the best customer experience isn’t going anywhere. To answer customers’ demands, business leaders must find the balance between adapting services to consumers’ digitally-driven shopping behaviors and staying true to the company’s strategy. For retailers, the revolutionary payments shift towards cryptocurrency will certainly come with challenges, but it may all be worth it.

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The Shopper Decision Tree and Shelf Layout – Not as simple as you think!

Mike Anthony

I recently conducted a poll on LinkedIN asking how best to organize products on a shelf. The results were interesting, with the vast majority of respondents suggesting that the merchandising layout should follow the Shopper Decision Tree. And at one level, that makes sense. But there are some significant issues with this approach. Shopper Decision Trees are an important source of shopper insight , but like most data, it is only a guide.

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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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Retail display: Promoting your products in-store

Tokinomo

Brick and mortar retail has grown a lot in the past few years. It adopted various technologies to keep up with the demands of shoppers, but it still relies on some traditional tools and solutions for product promotion.

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Brandon Maxwell clothing lines are designed to make Walmart fashionable

Retail Wire

Walmart is debuting spring collections designed by Brandon Maxwell under its Free Assembly and Scoop brands. The retailer is looking to raise its fashion profile and drive higher margin purchases to balance the 60 percent of its business connected to grocery sales.

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More Trending

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Primark and Greggs to launch “Tasty by Greggs” cafe and London boutique

Retail Focus

High street bakery chain Greggs is to launch “Tasty by Greggs” cafe in Primark Birmingham opening on February 12. Both brands revealed the new partnership which is to include a fashion collection in a first-of-its-kind collaboration with Primark. A limited-edition range of 11 clothing items will go on sale in 60 Primark stores from February 19. The announcement follows shoppers spotting fashion mannequins at a number of Primark stores holding Greggs sausage rolls and steak bakes in window displa

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Acceleration Nation: How Small Amazon Brands Can Get Bigger Faster

Retail TouchPoints

What do you want to be when you grow up? If you’re a brand currently selling via FBA on Amazon, the answer is probably: a lot bigger. While running a company out of your living room can be a lot of fun initially, the end goal for most entrepreneurs is to build a well-established, well-recognized organization. If you own a brand, you have plenty of options for growth.

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Harness the Power of Observability to Deliver Exceptional Digital Experiences

Cisco Retail

Digital experiences dominate our professional and personal lives. There were nearly 1,500 digital data interactions per connected user per day in 2020, and that number is expected to more than triple to nearly 5,000 per day by 2025. 1 Applications have become a way of life in our increasingly digitally connected world. . On the personal front, we rely on apps to manage our finances, get us from A to B through online rideshares, ease our mental wellbeing through meditation and motivational apps

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Shopping centers-as-a-service: Reinventing retail

Tokinomo

Retail is constantly changing to meet the demands of its customers. While eCommerce is seeing a constant rise in customers, many say that physical or brick and mortar retail is dead. We beg to differ, especially since physical retail is growing and evolving as we speak.

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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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Amazon holds 42 percent of the online retail market

Retail Wire

Sellers on Amazon.com’s marketplace account for 25 percent of the total U.S. market share of e-commerce spending and 60 percent of the platform’s total sales, according to eMarketer. Amazon’s direct sales represent another 17 percent of the market.

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How AI will increase your search ROI

Inside Retail

Your on-site search bar is one of the most popular ways for customers to find what they are looking for on your site. It also offers conversion rates 1.8x higher than browsing alone! However, most e-commerce businesses treat search as an infrastructure cost like web hosting. Friends, retailers, countrymen… lend me your ears… if there’s one myth to dispel, it’s that search is “just another website feature” or “sunk cost.

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NICCE to open first physical store on Carnaby Street

Retail Focus

Shaftesbury announces the opening of NICCE’S flagship store on Carnaby Street. The 1,400 sq ft store spans two floors and opens in Spring. It will be located on the corner of Carnaby Street and Beak Street at 57 Carnaby Street. The store will be the first physical flagship store for the London based brand. Samantha Bain-Mollison, Retail Director Shaftesbury says: “We are happy to announce that NICCE will open their first physical flagship store on Carnaby Street in such a prime location un

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Why Latin America is Poised to Become the Next Last-Mile Delivery Battleground

Retail TouchPoints

In the last 18 months, the infamously poor state of last-mile logistics in Latin America has carried a heavier price than ever. As anxious, confined populations turned to online transactions for nearly all they needed — spurring regional ecommerce market growth of 37% — the formidable terrain, notorious traffic and weak infrastructure have meant woefully long delivery times for more than just the non-essentials.

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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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Headcount alone isn’t enough for your headaches

Cisco Retail

We’ve all heard the phrases: An ounce of prevention is worth a pound of cure; failing to plan is planning to fail. But sometimes even the best plans fall short when attackers come calling on your enterprise. Helmuth von Moltke was famously quoted as saying, “No plan of operations extends with certainty beyond the first encounter with the enemy’s main strength.”.

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How to succed at retail marketing in 2022

Tokinomo

The retail industry is ever-changing and the demands of the customers are increasing as we speak. Actually, during the pandemic, 75% of customers mentioned that they changed the brands they bought. This shows that shoppers are no longer holding on to a brand if it doesn’t satisfy their needs and wants. The same goes for any store or eCommerce platform.

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Luxury brands not concerned consumers will balk at higher prices

Retail Wire

LVMH Louis Vuitton Moët Hennessy SE has increased prices on its handbags between six and seven percent overall with the belief that it will not negatively affect purchasing. “We have an advantage on quite a few other companies and groups, which is that we have a degree of flexibility on our prices,” said Bernard Arnault, LVMH’s chairman and CEO. “In the face of inflation, we have the ways and means to react.”.

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KFC Australia pilots drone-delivery service in Queensland

Inside Retail

Global restaurant chain KFC launches its first drone-delivery service, partnering with Wing, to deliver hot food direct to homes and workplaces in Logan, Queensland. . The drone-delivery service will be available to a small number of households in the South East Queensland suburbs of Kingston, Logan Central, Slacks Creek, Underwood, and Woodridge, and will gradually expand to include other nearby locations.

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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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Ikea opens doors on first UK high street small-format site

Retail Focus

Ikea opens its first city centre store in the UK today with the company’s boss saying he hopes it will mean shoppers come to the retailer more often. Customers will be able to buy home accessories and soft furnishings at the new site in Hammersmith, west London, but they will also be able to see entire room sets and order beds, wardrobes and bookshelves for home deliveries.

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Can an NFT Marketplace Save GameStop?

Retail TouchPoints

Following a year of wild twist and turns, retail’s most indefatigable underdog has introduced its next act. GameStop will launch a marketplace for non-fungible tokens (NFTs) in partnership with the blockchain platform Immutable X. The GameStop NFT Marketplace is expected to launch later this year and is the first major initiative from new CEO Matt Furlong, who joined the company in June 2021 following the departure of previous CEO George Sherman in April 2021.

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The Future of Work Part 4: Reimagine IoT and Smart Buildings

Cisco Retail

Part 4 of the 6-part Future of Work Networking Series : Reimagine IoT and Smart Buildings. The Internet of Things (IoT) and Operational Technologies (OT) in Smart Buildings are essential to make hybrid work safer and better for people and better for the planet. The importance of environmental sustainability continues to increase as a growing percentage of consumers rate how “green” organizations are as a factor in whether they want to work for them or buy products from them.

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What Is Edge AI and How Does It Work?

Nvidia

Recent strides in the efficacy of AI, the adoption of IoT devices and the power of edge computing have come together to unlock the power of edge AI. This has opened new opportunities for edge AI that were previously unimaginable — from helping radiologists identify pathologies in the hospital , to driving cars down the freeway , to helping us pollinate plants.

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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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J&J to tell court why talc unit’s bankruptcy should stand

Retail Wire

Johnson & Johnson will argue in court that it should be able to pursue bankruptcy for its talc unit to resolve 38,000 claims against the company and its products.

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Melbourne Central adding new 20 stores to boost retail offering

Inside Retail

With Omicron waning out, Melbourne CBD is launching an additional 20 new stores in the coming months in order to revive its retail wing. This comes after last year’s expansion which added 20 new stores to the precinct. Melbourne Central is home to 12 international renowned flagships: with the highly anticipated Lego store, the largest in the southern hemisphere, set to open in the coming months. .

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Dyson debuts innovative technology at Victoria Square

Retail Focus

British technology company, Dyson , has selected Victoria Square in the heart of Belfast city centre, to launch the first experiential space for the region. Located on the Lower Ground Mall of the extensive four-level scheme, close to the central atrium, Dyson has created a specially designed 200 sq. ft cube. The in-mall space provides visitors with a curated and futuristic space to interact with innovative electrical household products from the world-famous bagless vacuum cleaners, air treatmen

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Apparel Ousts Electronics as Most Popular Online Shopping Category

Retail TouchPoints

Three years ago, electronics were by far the top product category that consumers bought online, but new research from Feedvisor shows the impact of consumers becoming more comfortable shopping online and new tools emerging to enhance the digital shopping experience. In a survey of 2,000 U.S. consumers, Feedvisor found that 60% of consumers make their most online purchases in the Clothing, Shoes and Jewelry category (#1), while 49% of consumers purchase the most in the Beauty and Personal Care ca

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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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Collaboration for the Future?

Cisco Retail

As the world enters its third year of the COVID-19 pandemic, I want to take a moment and reflect on the lessons learned these past two years. Just like any life-changing event, the pandemic brought us loss and pain. It spotlighted the inequities—the imperfections—that exist in our society. But, at the same time, it pushed the human mind to adapt, adopt, and define the new normal.

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Rain or Shine: Radar Vision Sees Through Clouds to Support Emergency Flood Relief

Nvidia

Flooding usually comes with various bad weather conditions, such as thick clouds, heavy rain and blustering winds. GPU-powered data science systems can now help researchers and emergency flood response teams to see through it all. John Murray, visiting professor in the Geographic Data Science Lab at the University of Liverpool, developed cuSAR, a platform that can monitor ground conditions using radar data from the European Space Agency. cuSAR uses the satellite data to create images that portra

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Advocates say its time for U.S. companies to adopt four-day workweeks

Retail Wire

Research shows that productivity doesn’t suffer when the work week is cut from five days to four. Countries and companies are now seriously moving in this direction, adding to workers’ calls for more to follow this workweek path.

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The Cheesecake Shop sold to Aussie investment firm

Inside Retail

The Cheesecake Shop is to have new owners. Aussie based investment River Capital has entered into an agreement to acquire The Cheesecake Shop Group (TCS) for an undisclosed amount from existing owners PAG Asia Capital. The existing TCS management team has retained a shareholding in the business, ensuring a smooth transition and continuity of operation.

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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.