Sat.Jun 12, 2021 - Fri.Jun 18, 2021

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Balancing Your eCommerce Pricing Strategy with Amazon FBA

Wiser

Amazon was one of the pioneers in the booming online marketplace model. It’s a must to explore all options when looking for new sales channels, and one opportunity to simplify logistic processes is with Fulfillment by Amazon (FBA). With web traffic of more than 180 million visitors and a conversion rate that can exceed 7 percent, Amazon is almost a must for any eCommerce seller.

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Preparing Retail Supply Chains for a Post-COVID World

Retail TouchPoints

As more consumers are vaccinated and COVID restrictions begin to ease, the key questions many retailers will be asking are what will consumers want to buy, and how can they make sure they have the right product, in the right place, as consumers start to resume some of their pre-pandemic activities? Many retailers’ supply chains have been hit by the combination of the global pandemic, skyrocketing global logistics costs and the recent dramas in the Suez Canal.

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The Eager Businessman: Making Your Mark on the Industry

Retail Focus

Without a doubt, it isn’t easy to start a retail company and experience success. In many cases, Businessmen flounder in their attempts to get a leg up over their competitors, which is why startup management is often seen as the most stressful phase. After the startup phase and the business is much more stable, things can get better. Until then, you’ll have to pull out all the stops if you intend to become a success!

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NSW announces five-year plan to phase out plastics

Inside Retail

New South Wales has become the latest state to commit to ditching single-use plastics, announcing a $356 million five-year plan which could see lightweight plastic bags, disposable cutlery, cotton buds and more cut out by next year. The commitment follows similar pledges from other states such as Western Australia, Queensland, Victoria, and the ACT, as well as pledges from businesses across Australia, New Zealand and the Pacific Islands, such as the recent ANZPAC Plastics Pact.

Planning 278
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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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Home Depot buys a ship as a supply chain workaround

Retail Wire

Home Depot has taken a number of steps to work around supply chain interruptions that have taken place since the outbreak of the novel coronavirus pandemic. The home improvement chain has gone so far as to acquire its own shipping vessel to transport goods from overseas markets. The ship will begin running next month.

Shipping 246
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Retailers Wrangle for a Piece of the Prime Day Pie

Retail TouchPoints

As Amazon Prime Day approaches, more and more retailers are aiming to get in on the action with their own competing sales. Shortly after Amazon announced that its annual sales bonanza would take place June 21 and 22 this year, Walmart and Target shared news of their own competing sales. Now other retailers, including Kohl’s and Old Navy , are joining the fray.

Apparel 299

More Trending

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FWO taking Woolworths to court for failure to back-pay underpaid workers

Inside Retail

The Fair Work Ombudsman today announced it has commenced legal action against supermarket giant Woolworths in regards to “ major underpayments ” of a number of its salaries managers. According to the FWO, Woolies underpaid 70 employees a total of $1.17 million between March 2018 and 2019, and that it has failed to repay the total sum despite having made back-payments.

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Yachts are in short supply

Retail Wire

Consumers looking to purchase or charter yachts having a tough time as current demand outstrips supply. Sales of boats under 50 feet are up 27 percent from 2019 and those above 150 feet have risen 47 percent. “We’ve seen a seismic shift,” said Steven Myers, founder and CEO of Yatco. “Across the industry there’s been a surge in sales and charters.”.

Consumer 190
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Boxed Merges With Seven Oaks Acquisition to Go Public in Deal Valuing the Company at $900 Million

Retail TouchPoints

Online grocery shopping platform Boxed and Seven Oaks Acquisition Corp. have agreed to a merger that will turn Boxed into a publicly traded company. Under the terms of the transaction, Boxed and Seven Oaks will merge with a pro forma combined equity value of approximately $900 million. Boxed will continue to be led by CEO Chieh Huang, while the Seven Oaks CEO Gary Matthews will become Chairman of the Board after the business combination is completed.

ATS 290
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What Should You Know Before Choosing a Temporary Retail Building?

Retail Focus

It can be hard to choose the right temporary retail space option for your existing brick-and-mortar business. The location, size and cost to set up the facility are just a few of the crucial things that you have to get right. Are you a retail business owner who is looking for a temporary building solution to ramp up your services? Well, Smart-Space UK has several options for you to consider.

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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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Google opens its NYC store: take a look inside

Inside Retail

Google has opened its first physical retail store – in New York City. The store facade features floor-to-ceiling windows behind which are physical and digital product displays inside ‘Discovery Boxes’ New customised, transparent LED screens line the interior windows providing information about Google’s products and their features. Upon entering the store, guests are greeted by a 17-foot-tall circular glass structure called ‘the Google Imagination Space’ (pictured below right) w

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Google's opens first physical retail space in NYC by Reddymade

Dezeen

Google has opened its first physical retail space in New York's Chelsea , designed by architecture studio Reddymade to include cork furniture and recycled materials. Welcoming its first visitors on 17 June 2021, Google Store occupies a ground-floor space in the former Port Authority Building – a vast art deco structure that is home to the tech company's NYC headquarters.

Location 145
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NRF Webinar: Retailers Must Embrace Role as Community Stewards to Succeed in the Next Normal

Retail TouchPoints

The NRF has high hopes for the retail industry as we emerge from the pandemic and shoppers return to in-person experiences. As they do, corporate responsibility is expected to once again take the spotlight, according to panelists on the State of Retail and the Consumer 2021 webinar. Findings from the latest Future Consumer Index, a quarterly survey by EY (formerly Ernst & Young), showed that 77% of shoppers feel that brands must behave ethically and in line with community expectations.

Consumer 279
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Plans for Oxford Street’s £150 Million redevelopment revealed

Retail Focus

Oxford Circus will be transformed into two, pedestrian-friendly piazzas as part of plans unveiled by Westminster City Council and The Crown Estate today. The new piazzas will become London’s front door and will be the subject of an international design competition. Artist impression from a bird’s eye view showing future transformation of Oxford Circus with traffic continuing on Regent Street and two new Piazzas on Oxford Street, either end of the circus.

Planning 200
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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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Meet the fast fashion brand making shoes out of offcuts

Inside Retail

Kinzu Brands is the business behind successful Australian shoe brand Sol Sana, whose leather boots, mules and sandals are sold by leading retailers around the world, including David Jones, The Iconic, Nordstrom and Revolve. Earlier this year, Kinzu Brands added another shoe brand to its portfolio with the launch of St. Sana. The new line of footwear is made out of recycled polyurethane (PU) leathers and polyester and organic linen and cotton blends.

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Building the Bridge to Possible, Block by Block

Cisco Retail

If there are 915,103,765 different ways to set up just six Lego® blocks , imagine the number of options you have when you set up an IT datacenter. Dependencies notwithstanding, the choices are endless. Needless to say, to create a perfectly synchronized hybrid-cloud environment, you need all the help you can get. 5 Things Lego Blocks Can Teach About Structural Engineering.

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Miva Helps Mid-Size Retailers Seize Ecommerce Opportunities with Shorter Development Cycles

Retail TouchPoints

The Miva ecommerce platform is designed to evolve with business needs to help retailers drive sales, maximize average order value, cut overhead costs and increase revenue. Miva can fill the gap between traditional “one size fits all” boxed-in SaaS platforms and large enterprise platforms. The platform offers basic ecommerce functionality natively in order to promote ease of use and stability while still allowing for customization.

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New McDonald’s ‘Project Ray’ flagships in Brisbane and São Paulo

Retail Focus

McDonald’s is in the midst of a worldwide design transformation with support by Landini Associates , the Australia-based design firm are executing the rollout and creating its Global Flagship model, dubbed “Project Ray.”. The latest locations to debut as part of the restaurant leader’s reinvention are an elegant, café-style eatery in São Paulo set to open this summer, as well as a sleek, glass-walled location in Brisbane, Australia, that just celebrated its ribbon-cutting last month.

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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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Sheridan returns cotton products to soil in textile waste trial

Inside Retail

Homewares retailer Sheridan Australia is taking part in a novel trial in which its shredded cotton products are returned to the soil to test whether it can improve cotton soil health and act as a scalable solution to textile waste. The project is being led by circular economy specialists Coreo in partnership with the Queensland Government, Goondiwindi Cotton, Cotton Australia, Worn Up and Cotton Research and Development Corporation.

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Cisco Secure: Supporting NIST Cybersecurity Framework

Cisco Retail

Extending the alignment to include more Cisco products. Why should you care? With so many security frameworks, it can be difficult to know where to start from. While many organizations are challenged with managing and improving their cybersecurity programs against the dynamic threat landscape, it’s not easy to pick one framework over another. So where do they start from – ISACA COBIT 5?

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Walgreens Adds Uber Eats to Same-Day Delivery Roster in 7,800 Stores

Retail TouchPoints

Walgreens has expanded its partnership with Uber, offering products directly through Uber Eats at 7,800 stores in the U.S., with Puerto Rican stores to soon follow. The collaboration is launching with the top-selling Walgreens retail items and will expand until the assortment includes more than 20,000 products. The Uber Eats partnership launches just a month after Walgreens introduced its own same-day delivery service , which includes 24,000 items.

Shopping 264
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ARKET to open its first physical store in Russia

Retail Focus

Nordic lifestyle brand ARKET will open a new flagship store in Moscow, Russia during autumn 2021. Following the opening of arket.ru in autumn 2020, the new 004024 – 940 store is ARKET’s first physical destination in the country. Based in Stockholm, ARKET is a lifestyle destination with carefully made essentials for women, men, children and the home, as well as a New Nordic vegetarian café.

Fashion 162
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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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FWC approves 2.5 per cent increase to minimum wage

Inside Retail

The Fair Work Commission has handed down a 2.5 per cent increase to the minimum wage set to begin as of 1 July, though the broader retail industry will not be held to the increase until 1 September. The retail sector was given a two-month delay based on the fact that while the industry has certainly recovered from the troughs of 2020, that recovery is patchy and is still adversely impacted by isolated lockdowns – something the FWC expects will continue.

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Back to the Future of Firewall

Cisco Retail

Read Me First. As a network and workload security strategy leader, I spend a lot of time thinking about the future of the good old network firewall. Everyone has been using and abusing the “next-generation” qualifier to describe any modern firewall product for far too long, so it is appropriate to drop this extraneous prefix and talk about what truly comes next for this technology.

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LVMH Partners with Google Cloud to Implement AI/ML Optimizations Across its Brands

Retail TouchPoints

LVMH has teamed up with Google Cloud to implement new cloud-based AI solutions designed to power innovations and optimizations across the luxury conglomerate’s brands, or “Maisons.”. The retailer said that AI will increasingly touch every part of the company’s operations, from product development to supply chain to interfaces with employees, partners and customers.

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Q&A: Jaya Singh, TFWA President

Retail Focus

Retail Focus recently caught up with Jaya Singh, TFWA President to discuss his election as president, bringing the industry together and retail trends following the Covid-19 pandemic. Jaya Singh, TFWA President. You have recently been elected as president of the TFWA – how does that feel? It is a huge privilege to serve as TFWA President, but I also feel an enormous sense of responsibility.

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Master Off-Page SEO: Boost Traffic, Build Trust, and Drive Conversions

Off-page SEO is the key to building trust, attracting qualified traffic, and boosting conversions. This guide explores how to leverage backlinks, guest blogging, social media, and influencer marketing to expand your website’s reach and authority. Discover the synergy between on-page and off-page SEO, ensuring your site is optimized for success. Learn how to create valuable content, engage with online communities, and track your progress to fine-tune your strategy.

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How to create an accessible e-commerce experience

Inside Retail

When you think of a disability-friendly retail experience, you might think of a shop with a wheelchair ramp at the front door. While that alone can be useful for some, there’s plenty more that needs to be considered beyond bricks-and-mortar, including how to ensure your e-commerce platforms are accessible. With nearly one-quarter of our population identifying as having some sort of disability, not catering to them could translate into a significant revenue loss.

Consumer 246
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Tough Customer: NVIDIA Unveils Jetson AGX Xavier Industrial Module

Nvidia

From factories and farms to refineries and construction sites, the world is full of places that are hot, dirty, noisy, potentially dangerous — and critical to keeping industry humming. These places all need inspection and maintenance alongside their everyday operations, but, given safety concerns and working conditions, it’s not always best to send in humans.

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retailX Heads Back to Chicago, Providing 7 Targeted Tracks on Industry Tech & Trends

Retail TouchPoints

After a year without in-person events and trade shows, Retail TouchPoints (RTP) is excited to head back to Chicago for retailX , the premier conference and trade event designed to connect retail executives with thought leaders and solution and service providers in key disciplines. The RTP editorial team has partnered extensively with retailX on developing the content, themes and sessions for the in-person event, which will be held August 24-25, 2021, at McCormick Place in Chicago.

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The Very Group Renews DemandTec Markdown Optimisation

Retail Focus

Online retail giant The Very Group will continue to enhance its pricing strategies with DemandTec Markdown Optimisation. The Very Group’s three-year renewal expands upon their collaborative relationship with DemandTec , which extends back to 2015. . The Very Group carries products in an array of categories, including toys, sports, electrical, beauty, gifts, jewellery, and accessories – many of which are seasonal items that must be sold by the end of the season to make way for the next season’s

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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