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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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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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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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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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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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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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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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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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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How to supercharge process automation with MuleSoft and Slack

Mulesoft

CIOs know that there’s no going back to work as we knew it. In fact, CIOs ranked digital workplace technologies to support work from home as a priority for the year ahead. With this in mind, the pressure is now on central IT to make this digital-first world a reality. Central IT is being viewed […]. The post How to supercharge process automation with MuleSoft and Slack first appeared on MuleSoft Blog.

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NFL Teams Up with Cisco to Secure Super Bowl LVI

Cisco Retail

Much like in sports, preparedness is often the name of the game when it comes to security. That’s why, leading up to this past weekend, the NFL teamed up with Cisco to make sure its Super Bowl LVI network infrastructure was as secure and resilient as possible. Since it’s a live event, 100 percent uptime is imperative for the Super Bowl, ensuring fans don’t miss a moment of the action.

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

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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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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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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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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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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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 to install and configure MuleSoft Composer for Salesforce

Mulesoft

Do you struggle with integrating various systems under one roof for seamless automation? Enable your business team to create IT-approved connectors and templates by using MuleSoft Composer for Salesforce, which enables business administrators to easily and swiftly automate and create a 360-degree view of the customer. Let’s explore how to install and configure MuleSoft Composer […].

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Meeting the Network Challenges of Expo 2020 Mega Event

Cisco Retail

Co-Author: Sanjay Hooda, Distinguished Engineer, Enterprise Network Engineering. Expo 2020 is a global event that is taking place in Dubai from October 2021 through March 2022. It is the first World Expo hosted in the Middle East, Africa, and South Asia (MEASA) region with approximately 192 countries participating. The Expo site extends across 4.38 square kilometres, with hundreds of buildings including exhibition centres, hotels, parks, international participant pavilions, restaurants, and resi

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Meet the Omnivore: 3D Creator Makes Fine Art for Digital Era Inspired by Silk Road Masterpieces

Nvidia

Editor’s note: This post is a part of our Meet the Omnivore series, which features individual creators and developers who use NVIDIA Omniverse to accelerate their 3D workflows and create virtual worlds. Within the Mogao Caves, a cultural crossroads along what was the Silk Road in northwestern China, lies a natural reserve of tens of thousands of historical documents, paintings and statues of the Buddha.

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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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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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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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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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PrettyLittleThing Enters the Metaverse with First Virtual Model

365 Retail

Fashion is reaching new heights with the growing opportunities proposed by the Metaverse and Global fashion retailer, PrettyLittleThing has just made a big move, with their very first digital model. The model is the latest member of the PLT family and is already rocking some of this season’s hottest trends which can be seen here. But this is only the start of PrettyLittleThing’s journey into the Metaverse. ‘’As a reactive brand we have always listened to our customer’s requests to provide them w

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StateRAMP Leading the Way on Cyber Best Practices

Cisco Retail

A s cyber threats against state and local governments increase, the need for a united front is more critical than ever. StateRAMP, modeled on the Federal government’s FedRAMP program, is leading the way. By promoting best practices through education, advocacy, and policy development, StateRAMP is helping drive a standardized approach to cybersecurity, resulting in more strategic and effective cyber postures for state and local governments.

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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 does wellness mean for beauty?

Retail Dive

When almost anything can be considered wellness, retailers have plenty of room to expand. Here's how the concept is changing what we define as beauty.

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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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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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Transforming the POS into a retail experience through gamification

Retail Focus

Gaming is a megatrend; for good reason, it’s an attractive playground for brands to get in touch with younger target groups: The community is curious, networked and active and gaming is a rapidly growing market with 176 billion US dollars in revenue (newzoo 2021) and 2.7 trillion gamers worldwide (IBISWorld 2020). Credits: Louis Vuitton. Brands can take advantage of this trend by developing their own games or integrating gamification elements into their retail store concepts.

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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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Aldi provides latest evidence that vegan market is soaring

Talking Retail

More evidence for the sharp rate of growth in plant-based foods came from Aldi this week, as it announced a 500% increase in sales during January. The rise, attributed to customers deciding to go vegan for the month as a New Year resolution, came as Aldi decided to expand its vegan range by 50%. The. This story continues at Aldi provides latest evidence that vegan market is soaring.

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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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Nike moves away from Foot Locker in shift to DTC

Retail Dive

Nike made up 75% of Foot Locker's purchases in 2020, a number that is poised to decline significantly this year. Comps may drop 10% in 2022 as a result.

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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 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.