Sat.Jul 03, 2021 - Fri.Jul 09, 2021

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The Impact of Smart Shelves On Your Pricing Strategies

Wiser

It’s a bit of an understatement to say that technology has changed retail. In reality, technology has created nothing short of a revolution, from the big stuff like eCommerce to smaller, now-common trends like self-checkouts and buy online, pick up in-store. Another area where technology is revolutionizing retail is on the shelf, quite literally: smart shelves.

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Retail leaders met with Government today to help speed up vaccinations

Inside Retail

Business leaders around the country met with treasurer Josh Frydenberg today in the hopes of helping to get Australia’s vaccine rollout moving at a faster pace. Chief executives from some of the country’s biggest retail businesses, such as Woolworths, Coles, and Wesfarmers, together with business leaders of other sectors, are offering to do inhouse vaccinations for their staff and, in some cases, set up mass vaccination centres in locations central to local population – something retailers are u

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Authentic Brands, Owner of Forever 21 and JCPenney, Files for IPO

Retail TouchPoints

Authentic Brands Group (ABG) — which has made a name for itself by scooping up bankrupt retail brands such as Forever 21 , JCPenney , Aéropostale and Brooks Brothers and bringing them back to life through licensing — is planning to go public. The company said in a prospectus filed July 6, 2021, that it plans to sell $100 million worth of stock, but that is a placeholder amount and will likely change.

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Chaumet New Bond Street bridges British elegance and Parisian distinction

Retail Focus

Situated in the heart of London’s luxury shopping district, the Chaumet boutique on New Bond Street reopens its doors this Spring. Dedicated to a selection of exceptional High Jewellery and the Maison’s iconic collections, this unique location is imbued with an intimate identity, bridging British elegance and Parisian distinction. The prestigious address highlights the enlarged presence of Chaumet in both the United Kingdom and Europe, following the reopening of its space in Harrods, and the ren

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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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Americans are putting money into their backyard pools

Retail Wire

The trend of Americans spending big to make their homes more livable extends to pools in their backyards. This has created a big market for pool maintenance and related products for retailers and distributors, including Leslie’s and Pool Corp.

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Sydney’s lockdown extended for at least another week

Inside Retail

The lockdown in Sydney will be extended by at least another week, as the city’s total virus cluster grew by another 27 overnight. Premier Gladys Berejiklian announced the extension on Wednesday morning, though media reports about the lockdown extension were published hours earlier. “What we want to do is give our best chance of making sure this is the only lockdown we have until the vast majority of our citizens are vaccinated,” Berejiklian said.

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Cisco DNA Center Template Labs – DayN Templates, Part 4

Cisco Retail

DNA Center Template Labs – DayN Templates. Overview. The focus of this episode is DayN Templates for operations and setting up a lab or production environment to enable this capability. The third and fourth labs in the series aim to understand the various concepts required to support device configuration after onboarding. The labs within this series allow for use in the DCLOUD environment; however, you may equally utilize them as part of a Proof of Concept setup at a customer’s lab.

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Entries open for Raj Aggarwal trophy to reward outstanding community retailers

Talking Retail

The Association of Convenience Stores (ACS) is encouraging retailers to submit entries for a new trophy marking the legacy of independent retailer Raj Aggarwal. Aggarwal, who owned stores in Wigston, Leicester and Hackenthorpe near Sheffield died aged 51 last year after contracting coronavirus. The new trophy will be awarded to the retailer who is judged.

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The Iconic’s same-day Saturday delivery caters to locked-down Sydney

Inside Retail

Online fashion marketplace The Iconic has launched a same-day delivery service on Saturdays in response to the extended lockdown in Sydney. According to the business Sydneysiders can now place orders for same-day delivery up to 2 pm on a Saturday, and it will be delivered later in the evening between 5 and 9 pm. And, customers in Sydney will be able to get free express delivery on all orders which are worth more than $50, and will enjoy free 60-day extended returns.

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How Social Commerce Will Reshape Retail: From Content Creation & Partnerships to In-Store Experiences

Retail TouchPoints

Social commerce is a relatively new medium, but as retailers and social media platforms alike explore possible use cases and applications, it will significantly shape how both shoppers and businesses spend their time and money. Most notably, the shift from paid posts and influencer endorsements to shoppable content and live shopping will force retailers to reconsider how they produce content and interact with customers.

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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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The freedom to choose with Cisco Secure Choice

Cisco Retail

When it comes to combo meals, there are two types of people in the world: those who order the meal set as intended – e.g. a burger with fries and a soda – and those who attempt to customize it – e.g. pickles on the side, switch out fries for onion rings, or upgrade soda to a milkshake. I hate to say it, but I am often the latter. The “Sorry, no substitutions” fine-printed on a menu is there for people like me.

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Humanizing the Customer Experience with Technology

Small Biz Trends

Sponsored Post. Technology enhances business. It allows companies to operate faster, more efficiently, encourages collaboration, and in return creates growth. However, human interaction is still key in creating a positive customer experience. Taking into account of the last year, with companies forced to rapidly digitize, many business leaders have grappled with the challenge of humanizing customer experience with the new technologies that have been implemented.

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Charlotte Tilbury launching locally through Mecca stores this September

Inside Retail

Beauty retailer Mecca has secured an exclusive retail partnership with UK-based beauty brand Charlotte Tilbury. The brand will be available exclusively at Mecca stores around Australia and New Zealand in September 2021 – the first time the business’ products have been available for purchase and in-person testing in bricks-and-mortar in the region. “I am thrilled to finally be launching my award-winning beauty secrets and research-powered glowing skincare in Australia and New Zealand with Mecca,”

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The Rise of Inauthentic Influencers: Can Consumers Trust Social Media Personas?

Retail TouchPoints

Years ago when I and my team were first putting the GRIN platform together, a lot of brands were doing influencer marketing, but it wasn’t a fully standardized marketing technique. Today, it’s totally different. In just a few years, both brands and creators are like, “Wow, there is amazing potential here to make money and grow my brand” — whether that brand be business or personal. .

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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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Mapping Secure Endpoint (and Malware Analytics) to NIST CSF Categories and Sub-Categories

Cisco Retail

Cisco Secure Endpoint (AMP for Endpoints) with Malware Analytics (ThreatGrid) offers Prevention, Detection, Threat Hunting and Response capabilities in a single solution. It protects Endpoints (Windows, Mac, Linux, Android, and iOS) and prevents breaches, blocks malware at the point of entry and continuously monitors and analyses files and processes to quickly detect, contain, and remediate threats that can evade other security control mechanisms.

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Retail Statistics You Should Know

Small Biz Trends

What do the latest retail statistics tell us about retailing in 2021? You might be surprised. We have assembled all the numbers you need, including store operations, shopper behaviors, how retailers market their businesses, and much more. If you own a retail store or are considering shop ideas for a new one, take a look at the stats below. Retail Statistics: The Big Picture.

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7-Eleven settles franchisee class actions

Inside Retail

7-Eleven has agreed to settle franchisee class actions following mediation. A statement from the convenience chain confirmed the settlement but gave no insight into the details of the agreement. “7-Eleven can confirm that a non-binding in principle agreement to settle the class actions has been reached, subject to terms of a settlement deed being agreed and subject to approval of the Federal Court of Australia.

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Chain Retailers Seeing More Than Retail Energy Savings in Outsourcing Energy Efficiency Management

Retail TouchPoints

For owners and franchisees of multi store chain retail outlets, the news is increasingly real and positive. Not only are they achieving energy efficiency, they’re impressing their customers, too. What began as a trend to “go green” is now making real differences in profitability and the way consumers see brands. It can really be the difference between “going green” and “going out of business.”.

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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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Your employees are ready for hybrid working. Are you?

Cisco Retail

The last year has redefined work so that it is now much more about “what you do” and much less about “where you go.” As it becomes feasible for us to meet one another again, leaders are having to think about what the office is really for and how best to use the space. While some businesses are preparing to return to the office full-time and others are letting people work from home indefinitely, most are looking at hybrid options.

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Customer Service Versus Customer Experience … What’s the Difference?

Hyken

It is one of the most common questions I’m asked in interviews: What’s the difference between customer service and customer experience (also known as CX)? While I’ve written about this before, my original article about customer experience was more about how to create a more interactive experience. The example I used was how Home Shopping Network (HSN) incorporated gamification into the customer experience.

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Construct with confidence: Early contractor involvement

Inside Retail

Retail environments were already evolving to become more engaging spaces when Covid-19 hit, but the pandemic has underlined just how important the social experience is to us. The evolution that was underway has found new importance. But for retail stores and shopping centres re-imagining the spaces they provide, just as important is the need to get construction projects right the first time.

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Westfield Mall Owner Partners with Afterpay to Promote BNPL Option for Retail Tenants’ Shoppers

Retail TouchPoints

Unibail-Rodamco-Westfield (URW), owner of Westfield shopping centers in the U.S., has entered a multi-year national partnership with buy now, pay later solution Afterpay to support retailers in offering flexible payment solutions to returning shoppers. The companies will jointly invest in new customer experiences, events, marketing and on-premise advertising at Westfield shopping centers across the country, with plans to take the partnership global in the coming months.

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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.

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Cisco DNA Center Template Labs – Onboarding Templates, Part 3

Cisco Retail

DNA Center Template Labs – Onboarding Templates. Overview. The focus of this episode is Onboarding Templates and setting up a lab or production environment to enable this capability. This second lab in the series aims to understand the various concepts required to support device onboarding. The labs within this series, allow for use in the DCLOUD environment; however, you may equally utilize them as part of a Proof of Concept setup at a customer’s lab.

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5 Top Customer Service Articles of the Week 7-5-2021

Hyken

Each week I read many customer service and customer experience articles from various resources. Here are my top five picks from last week. I have added my comment about each article and would like to hear what you think too. [Infographic] The different types of emails to send to your guests by Tony Loeb. (Experience Hotel Blog) The Experience Hotel team decided to conduct a survey on the impact of the different types of emails you can send to your customers.

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Going overseas? Here are six export barriers to break through

Inside Retail

We often talk about the impacts Covid-19 has had on everyday work and life, although it isn’t the first pandemic that has made us pivot, innovate and rethink the way we do business – and it certainly won’t be the last. As humans, we are very resilient and one of our many traits is innovating to adapt for the way we want to live and carry out business.

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Long Distance Loyalty : How Retailers can Build and Grow Customer Relationships at Pickup and Delivery

Retail TouchPoints

In the wake of COVID-19, low-contact shopping behaviors such as ecommerce and delivery were accelerated and widely adopted, as goods bought online in 2020 globally grew by 24%. To keep up with this incredible demand, grocery, big box and other retailers have turned to delivery and distribution partnerships like Instacart and Door Dash to create low-contact options for customers.

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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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It was a LONG weekend — Here’s the vital info on REvil and Kaseya VSA

Cisco Retail

The past few days have been a lot for people in the security industry. On Friday in the US, people were just about to clock off for what would hopefully be a relaxing Fourth of July long weekend. Only for cybercriminals to have other plans. This week I spoke to Cisco Talos’ US Outreach Team lead Nick Biasini to talk about the unfolding events surrounding the REvil ransomware campaign and Kaseya VSA supply chain attack.

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'Real pressure on supply chains': How major players are balancing costs, speed and a new retail world

Retail Dive

Supply chain executives from PVH, Under Armour, Dollar General, Tractor Supply and American Eagle spoke about current challenges at NRF's Retail Converge.

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VIDEO: Tumi and Zalora discuss the future of retail

Inside Retail

From omnichannel excellence to personalisation and product development, savvy retailers all around the world have accelerated their digital plans to meet customers’ rising expectations in the past 18 months. . Inside Retail recently hosted a webinar with Tumi vice president Adam Hershman, Zalora corporate affairs director Christopher Daguimol and Imran Khan, consumer goods and retail industry director at Salesforce. .

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Dior Taps into the Thirst for ‘Revenge Travel’

Retail TouchPoints

Call it what you want — revenge travel, comeback trip, rebound vacay — but the surge in post-COVID travel is more than just a buzzword making the rounds of the internet. Travel resurgence has already begun, and it has tangible implications reaching far beyond the hospitality industry. The pent-up demand for travel and experiences has sent hotel rates skyrocketing, making many getaways truly premium experiences this summer.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a