November, 2022

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Winners and losers of Black Friday 2022

Retail Dive

With inflation looming, consumers waited until the shopping event to get deals on categories like electronics and sought out financing options such as buy now, pay later.

Finance 138
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Retail spending increases, consumers wary as rising costs bites

Inside Retail

Retail spending increased 12.5 per cent in October as consumers spent $35 billion both in-store and online according to new data from the Australian Bureau of Statistics (ABS). While year-on-year sales growth was strong, retail turnover fell by a marginal 0.2 per cent compared to September, marking the first month-on-month fall this year. Clothing, footwear and personal accessories sales were up 32.8 per cent while cafes, restaurants and takeaway food services increased by 35.3 per cent.

Consumer 264
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Top 4 Strategies for AI-Powered Profitability

Retail TouchPoints

Retailers today are faced with mounting pressure to maximize their bottom lines while maintaining cost expectations for consumers. But amid volatile market changes, ever-evolving customer expectations and increased competition online, this is increasingly challenging to realize. Enter artificial intelligence (AI). Many retailers are turning to AI to help boost productivity while keeping costs in check.

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MUJI brings its sustainability focus to the forefront of its Angel Central store

Retail Focus

MUJI, the Japanese retail company specialising in household and consumer goods, has refurbished its Angel Central store. The improved 2,624sq ft space allows MUJI to bring its sustainability focus to the forefront of its Angel Central offer by championing ‘recycle and repurpose’ initiatives. The revamped store is the first of its kind for the brand in the UK.

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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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The State of Boomer-Owned Small Business

Small Biz Trends

With so many young entrepreneurs making their mark in the business world, it can be easy to forget exactly how many successful business owners there are from the older generation. The State of Boomer-Owned Small Business. Millennials along with Generation X and Z can still learn a thing or two from the Baby Boomers, with 1 in 3 Americans relying on income from a Boomer-owned business.

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MuleSoft at AWS re:Invent 2022

Mulesoft

Great news: MuleSoft is going to AWS re:Invent 2022! We’re excited to join the world’s leading brands for a learning conference hosted by AWS for the global cloud computing community. The in-person event features keynote announcements, training and certification opportunities, access to 1500+ technical sessions, the Expo, after-hours events, and so much more.

ATS 119

More Trending

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How Sam Walton’s sundown rule makes me a better leader: Andy Chen, Comvita

Inside Retail

Before joining New Zealand healthcare brand Comvita , Andy Chen worked in HR and project management at Walmart for 10 years. We recently sat down with him to learn about his career highlights, best leadership tips and how he approaches the work-life balance conundrum in this day and age. Inside Retail : Tell me about your career journey. How did you get into the industry, what are some of the different roles you’ve held along the way?

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New Shopping App TRYO Aims to Make AR Try-On More Accessible to Consumers and Brands

Retail TouchPoints

3D and AR design studio QReal is moving deeper into direct commerce with the launch of the new multi-brand, multi-category shopping app TRYO. With more than 500 items at launch — including products from Cartier , Gucci , Adidas , New Era and Rolex — TRYO wants to “revolutionize how people shop online” by making AR try-on experiences more easily accessible to both shoppers and brands.

Consumer 340
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Planet Organic confirms new south-west London store

Retail Focus

Healthy supermarket retailer Planet Organic plans to launch its new south-west London store in Teddington at the end of February 2023. The re-fit and construction works will be commencing in December. Planet Organic is the UK’s largest fully certified organic supermarket, and the largest chain of Soil Association accredited stores. The brand is well known for its high quality, organic and planet-friendly ingredients.

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WeWork Closing About 40 Locations in the US

Small Biz Trends

The leading global flexible space provider, WeWork, has announced plans to exit around 40 locations in the United States consisting of around 41,000 workstations. WeWork Closing About 40 Locations in the US. The exits are focused in what the firm cite as ‘underperforming locations’, and the majority will be happening during November. The intent of the closures is to reduce rent, tenancy and building operating expenses, which WeWork expect to make up for the reduction in top-line reve

Location 139
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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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Finnish Design Shop creates forest-set logistics centre to enable "a more sustainable future"

Dezeen

Avanto Architects and Joanna Laajisto have designed a logistics centre for retailer Finnish Design Shop that features warm timber, a foraged-food restaurant for staff and visitors, and views of the surrounding forest. Located on the outskirts of Turku, west of Helsinki, the logistics centre is the hub for storage, management and dispatch of products from the Finnish Design Shop , which says it is the world's largest online store for Nordic design.

Shopping 118
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Adidas creates ‘Virtual Gear’ product category as it preps for metaverse future

Retail Dive

The athletics brand also released its first collection of NFT wearables as it accelerates a “community-based, member-first, open metaverse strategy.

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How digital signage and kiosks can help stores match the online experience

Inside Retail

Having embraced digital shopping channels during the pandemic, Australian consumers have become well used to the personalisation and tailored content offered online. So how can physical retail stores replicate the experience and deliver an equally personalised interface for customers? “The only way to achieve that is through a digital medium,” says Neal French, director of Chrome Enterprise sales JAPAC at Google.

Kiosk 289
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The Reality of the Metaverse: Debunking 3 Myths about the World(s) of Web3

Retail TouchPoints

While the initial consumer and media hype surrounding the metaverse seems to have simmered down from its 2021 highs, the virtual spaces that were the talk of the town last year continue to grow and attract visitors — consumers and brands alike. “ A lot of brands missed Web2 frankly, and those brands are the ones that are going gangbusters into Web3 ,” said Sasha Wallinger, Head of Metaverse and Web3 Strategy at innovation and design consultancy Journey in an interview with Retail TouchPoints.

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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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Victorinox returns to London with new design concept

Retail Focus

Victorinox unveils its London flagship store featuring the new design concept. As the Swiss brand celebrates the 125 th anniversary of the iconic Swiss Army Knife, it returns to London with a brand-new flagship store opening on 388 Oxford Street, featuring products across the full offering. The move to Oxford Street reflects the brand’s growing influence in the UK retail space, whilst the new store with the revamped design concept brings together the Victorinox values of quality, functionality,

Returns 305
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These Small Business Grants Have a November Deadline to Apply

Small Biz Trends

There’s never a bad time to receive some extra business funding. However, the end of the year can be an especially critical time for many companies. As we head into the holiday season, there are many grant opportunities that can help small businesses achieve their end-of-year goals. Read on for several opportunities that are due in November. The Miami Foundation Grants and Funding Opportunities.

Planning 139
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Lucky Opens Small-Format Grocery Store in San Francisco “Food Desert”

VMS

Lucky Supermarkets, a grocery banner operated by Save Mart (Modesto, Calif.), has opened its first small-format store. Taking over a former Walgreens location in San Francisco’s Bayview community, the new market measures 9459 square feet. Efficiency is the goal of the store, which carries about 15 percent of Lucky’s typical SKU count and includes convertible check stands that can be manned by staff or serve as self-checkouts.

Checkout 115
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Victoria’s Secret will acquire DTC lingerie company Adore Me for $400M

Retail Dive

The direct-to-consumer brand is one of many in the space that have challenged the intimates giant thanks to its inclusive sizing and fit technology.

Consumer 144
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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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Australia’s new Fashion Laureates revealed

Inside Retail

Camilla Freeman-Topper and Marc Freeman have been named Designers of the Year for their Camilla and Marc label in this year’s IMG Australian Fashion Laureate awards event in Sydney. The awards are considered to be Australian fashion’s “highest accolades” with finalists chosen by a panel of industry leaders including Australian Fashion Laureate alumni, creatives, top fashion journalists and retail executives.

Fashion 278
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TalkShopLive to Translate Window Shopping into Streetside Purchasing in NYC

Retail TouchPoints

Window shopping is a time-honored New York tradition, especially around the holidays when retailers pull out all the stops. And while window shoppers typically have to enter the store to make actual purchases, this year livestreaming network TalkShopLive is making it possible for shoppers to buy what they see right there on the street. In partnership with FrontRunner Technologies, TalkShopLive is bringing a “live commerce window shopping experience” to NYC.

Shopping 328
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Four new flagships for Seven Dials

Retail Focus

Shaftesbury has announced the opening of four new flagship stores on Neal Street, Seven Dials. Minimalistic clothing brand, Absence of Colour, lifestyle brand, Rockett St George, independent watch retailer, Mr Jones Watches, and a creative activation run by community organisation, My Runway Group, have joined Seven Dials’ diverse array of creative and aspirational brands, located in the heart of London’s West End. .

Fashion 296
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14 Ways to Build Business Credit

Small Biz Trends

In order to build a successful business, you need more than just a great idea. You also need good credit. Business credit can be used to get loans, lines of credit, and other financial assistance that can help your business grow. In this article, we’ll discuss 14 ways how to build business credit with business credit bureaus. Let’s dive in!

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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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Survey: could convenience stores be World Cup winners?

Talking Retail

According to a survey by Pureprofile, 58% of Brits are watching the World Cup at home with the top items purchased being snacks (28%), alcohol (25%) and soft drinks (25%). Pizza (20%) is a more popular food choice over party food (15%) and meal deals (9%) 41% of Brits said they will go to a. This story continues at Survey: could convenience stores be World Cup winners?

ATS 115
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Macy’s to host Thanksgiving Day Parade in the metaverse with NFT design contest

Retail Dive

The retailer has been integrating NFTs into its holiday celebrations and will make the winning design into a real-life balloon for its 2023 parade.

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How Burberry’s new leadership duo can reignite the luxury brand’s spark

Inside Retail

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Akeroyd, who took over in April, will present his strategy alongside first-half results that will show the lingering impact of lockdown restrictions in China, Burberry’s biggest market.

Fashion 278
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Target Expands Curbside Convenience with Starbucks Ordering Option at Nearly 250 More Stores

Retail TouchPoints

Target is adding Starbucks options to its Drive Up curbside service at 240 stores in California, Delaware, Minnesota, New Jersey, New York, Pennsylvania, Texas, Washington and West Virginia. Shoppers can place orders and have their food and beverages delivered to them alongside their other items. . Starbucks orders can be placed after the Target customer receives confirmation that their standard order is ready.

ATS 324
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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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London’s First Crisp Pick ‘n’ Mix Pop-Up Arrives This November

Retail Focus

Simply Roasted announce the opening of London’s first ever Pick ‘n’ Mix bar dedicated solely to one of the nation’s favourite go to savoury snacks, crisps. Positioned on the corner of one of Soho’s most instantly recognisable streets, where Air Street meets Brewer Street, the exclusive Pick ‘n’ Mix experience will give crisp lovers the opportunity to try Simply Roasted’s collection of award-winning triple cooked crisps, all completely free of charge, for one weekend only on Friday 25th to Sunday

Shopping 290
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Last Minute Tax Actions for 2022

Small Biz Trends

The year is almost over, but there’s still time to take actions that can reduce your 2022 tax bill. The first thing is to meet with your CPA or other tax adviser. Last-Minute Tax Actions for 2022. Consider discussing the following with your tax adviser: Buy needed equipment. If your equipment is old, repairing it may not be the best option. Consider buying new equipment, which likely has better features and uses less energy—a cost savings and good for the planet.

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Introducing Anypoint Platform API Sharing for Composer

Mulesoft

MuleSoft is excited to announce that we’re enabling a new model of collaboration between the business and IT through MuleSoft Composer and Anypoint Platform. With the launch of API Sharing for Anypoint Platform, IT and business users can work together to create new types of automations that were difficult – if not impossible – to […]. The post Introducing Anypoint Platform API Sharing for Composer first appeared on MuleSoft Blog.

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5 tech revolutions that haven’t happened (at least not yet)

Retail Dive

Why isn’t the sky darkened by drones yet? Why do cash registers still exist? Will the robots take all sales floor jobs? We consider the answers to these and more.

ATS 132
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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.