Sat.Aug 14, 2021 - Fri.Aug 20, 2021

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Returns: The Hidden Opportunity for Retail

Retail TouchPoints

Returns provide brands and retailers the opportunity to delight their customers. But not all brands and retailers are seizing this opportunity. According to the National Retail Federation (NRF), the U.S. market saw over $400B in returns in 2020. If this dollar value were a proxy for revenues, the returns channel would be the second largest global retailer behind Walmart.

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Online only supermarket Geezy Go launches in Sydney

Inside Retail

New on-demand food and grocery service Geezy Go has launched a digital supermarket serving Sydney, aiming to compete with Woolworths and Coles. . The online supermarket offers an under 20-minute delivery service, promising products priced similar to or lower than its rivals. The e-commerce store houses a comprehensive range of local and branded food and grocery products, ranging from plant-based food, pantry & staples, pharmacy to cleaning supplies. .

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Mango opens new flagship store in Oxford Street

Retail Focus

Fashion retailer Mango has launched a new flagship store in London. The new space will be located at 223-235 Oxford Street, taking the total number of stores in the United Kingdom to 43. The aim is to create a functional, relaxed and welcoming space that promotes and simplifies the interaction between the customer and store staff, as well as improving the distribution of collections.

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Allbirds rolling out eco-friendly clothing to pair with wool sneakers

Retail Wire

Allbirds, famous for its wool and sneakers, is rolling out a new line of athletic wear also using wool and yarn made from eucalyptus trees. Allbirds co-CEO Joey Zwillinger said that the new line, which was in development for two years, offers both performance and eco-friendliness. “We think we can exceed the performance expectations of what’s out there,” he said.

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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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To Make ‘Store as Media’ a Success, the Retail Industry Needs a Supportive Ecosystem

Retail TouchPoints

In the ecommerce realm, we’ve seen retail media networks emerge and accelerate. But industry experts believe that the real power of these media networks lies within the four walls of the store. During a recent retailX webinar , a panel of executives representing packaging, supply chain operations, data and analytics, digital optimization and in-store experience came together to discuss the potential of the “Store as Media” model , how it operates and what is required for success.

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Amazon to test department stores in offline expansion

Inside Retail

Amazon.com is to open several department stores in its home US market to test the concept as it continues to build out its multichannel business model. According to multiple reports, the new stores will stock clothing, household items and electronics, along with other items, creating a new touchpoint for previously online-only customers. . Department stores’ share of the overall US market has fallen from 14.5 per cent in 1985 to about 2.9 per cent today, according to GlobalData, which might on t

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Delta variant takes a bite out of July’s retail sales

Retail Wire

Retail sales in July fell 1.1 percent as a surge of COVID-19 cases connected primarily to the Delta variant made Americans more cautious about shopping in stores. Consumers cut back their spending at retailers selling clothing, furniture and sporting goods, according to Commerce Department data. Economists had expected a 0.3 percent decline in July.

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You Can’t Spell Retail Without AI

Retail TouchPoints

Over the last year or so we’ve seen retailers and ecommerce sellers adopting AI tools at a frenetic pace. From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI. For retailers with high-functioning CRM systems, AI tools are being used to identify opportunities, and increase the lifetime value of customers through compelling offers.

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Customers tightened wallets again in July as lockdowns kicked off

Inside Retail

Spending intentions across the country predictably fell during July, as Australian consumers geared up for a long, bloody battle with a renewed virus which has only gotten worse. According to the Commonwealth Bank’s Household Spending Intentions data, July was the first time that year on year spending intentions have fallen across the majority of measured categories since the beginning of the pandemic – with only health and fitness spending boosted due to increased medical spend.

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Premium Pricing: The Ins & Outs of a Successful Brand Strategy

Intelligence Node

How High-End Brands Maximize Their ROI Premium pricing is one of the most lucrative market strategies available… But naturally, it’s not for everyone. Here, we explore which brands can go premium, what they stand to gain and lose, and why price alone isn’t everything. Table of Contents Premium pricing: A game of perception First, tap […]. The post Premium Pricing: The Ins & Outs of a Successful Brand Strategy appeared first on Blog.

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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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Valentino Beauty Boutique opens in Hong Kong

Retail Focus

The world’s first Valentino Beauty Boutique has launched in Harbour City as part of the brand’s expansion plan in Asia. Maison Valentino speaks in red – a colour that is a language and that demonstrates its identity. A multifaceted shade, red accentuates an embracing selection of possibilities. Timeless, bold and fine. It also speaks volumes for the brand’s two new distinct identities: sustainability and Offline plus Online (O+O) retail strategy.

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Shutterfly Acquires Spoonflower for $225M, Doubles Down on Home Décor Growth

Retail TouchPoints

The home décor market saw significant growth in 2020 as consumers rushed to outfit their homes for remote working and learning. Although ResearchAndMarkets.com indicates that the global market for this category surpassed $641 billion in 2020 , that growth is poised to continue, moderately, over the next five years. Companies like Shutterfly are capitalizing on this expected growth by honing their acquisition strategies.

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Revised leasing code of conduct splits landlords, retailers

Inside Retail

As called for by several industry associations in recent weeks the NSW Government has reinstated the Leasing Code of Conduct in order to further protect businesses from the difficulties of an ever-extending lockdown, with premier Gladys Berejiklian now hinting the state could remain locked down until at least November. “This is a time when all of us have to take stock and take the situation for what it is,” Berejiklian said on Sunday.

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Cisco Ultra Cloud Core Repels Pro Hackers

Cisco Retail

Security is critical when developing new technology and that’s never going to change. Those with ill intent work 24 hours per day, seven days per week to discover vulnerabilities in servers, routers, and security devices that can be exploited. Whether it’s to release viruses or collect millions of dollars in ransomware, tech criminals will never stop committing crimes.

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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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McLaren Automotive prepares for 100th global retail opening

Retail Focus

Ten years after opening the doors of its first global retailer in London, British luxury supercar manufacturer McLaren Automotive announces that its 100 th retailer is set to open in China later this year. McLaren Automotive’s first retailer opened in the summer of 2011 and allowed customers and fans to discover the company’s first supercar, the 12C.

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Report: Allbirds Enters Activewear Category as it Prep for Upcoming IPO

Retail TouchPoints

Allbirds has launched an activewear collection ahead of its IPO, according to CNBC. The Natural Run Collection features six products, including tanks, T-shirts and shorts for both men and women, and ties into the retailer’s environmental message with initial carbon footprint ranges from 4.7 kg to 14.5 kg of CO2 before being 100% offset to zero. The collection is the culmination of two years’ work and more than 70 iterations.

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Esther & Co GM Travis Wright exits, former Mosaic Brands exec steps in

Inside Retail

Womenswear online retailer Esther & Co has announced that GM Travis Wright has recently exited the company, with former Mosaic Brands executive John Hardy stepping into her role. Travis Wright. Wright has been at Esther & Co for almost seven years and according to founder and CEO Talita Estelle, she has been “a driving force” at the business, where she helped the brand experience more than five times growth. .

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Demystifying fiber cable infrastructure, with Brian Kelly: Cisco Optics Podcast Episode 10 notes

Cisco Retail

Episode 10 of the Cisco Optics Podcast is now posted! See below for episode notes. Cisco Optics Podcast Episode 10. Cisco Optics Podcast Episode 10. Demystifying fiber cable infrastructure, with Brian Kelly. Part 2 of 6. If you search on “data center” you’ll find many images that show rows and rows of equipment racks. The network gear in these racks need to be physically connected to each other, and that’s where pluggable optic transceivers come in.

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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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What is a Machine Learning Model?

Nvidia

When you shop for a car, the first question is what model — a Honda Civic for low-cost commuting, a Chevy Corvette for looking good and moving fast, or maybe a Ford F-150 to tote heavy loads. For the journey to AI, the most transformational technology of our time, the engine you need is a machine learning model. What Is an ML Model? A machine learning model is an expression of an algorithm that combs through mountains of data to find patterns or make predictions.

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Want to Know the Holiday Season’s Top Trends? Look at Back-to-School for Insight

Retail TouchPoints

Back-to-school surveys across the retail sector point to a strong season, spurred by pent-up consumer demand. Deloitte indicated that parents’ projected spend was up 16% year over year, from $529 per child to $612. Although this total amount does vary from firm to firm, JLL survey participants expected to spend $356.94 on average while RetailMeNot noted that households could spend up to $1,333 , reports consistently point to a clear rise year over year — and in some cases, even against pre-pande

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New retail rules announced for high-risk NSW areas

Inside Retail

New rules take effect from midnight Sunday in NSW covering the types of retailer allowed to let customers shop in-store in areas of high risk for coronavirus transmission. In response to ballooning infections of the highly contagious Delta variant of the Covid-19 virus, the state has extended its lockdown until the end of September and introduced a raft of new measures to restrict person-to-person contact in the hope of slowing the spread of the disease.

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The journey to net-zero: Save money, save the planet

Cisco Retail

At Cisco, the environment and sustainability are more than just important. They are the underpinnings of our vision of an inclusive future that takes everyone into account, including future generations. To fully achieve our goals, we have also focused on redesigning our workspaces globally. We are applying our own Cisco smart building technology and that of our vast partner ecosystems across our nearly 19 million square feet of global real estate to drive to net-zero.

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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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Personalizing the Customer Experience Is a Competitive Differentiator

Hyken

I recently released my 2021 Achieving Customer Amazement research. We surveyed 1,000 consumers in the U.S. and asked them numerous questions about topics related to customer service, customer experience, loyalty, reviews, and more. One of the questions had to do with creating a personalized experience. . We asked customers to rate various customer service experiences on a scale of one to five, in which a score of one signified not important at all with five being very important.

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Surefront Enables Cloud-Based Collaboration for Product Lifecycle Management

Retail TouchPoints

Surefront has rolled out a product lifecycle management (PLM) platform that allows brands to develop products with all communications and data in a single collaborative space. The solution is designed to promote secure, cloud-based collaboration, which helps keep remote teams on the same page for faster and more efficient product development. Surefront’s patented suite of tools blends product data and communications for a historical log of all design elements, financial data, specifications and

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VIDEO: Welcome to The Edit

Inside Retail

Introducing our new monthly video series, The Edit , where the Inside Retail team takes you behind the scenes and discusses what’s hot and what’s not in retail. Featuring managing editor Jo-Anne Hui-Miller and features & premium editors Heather McIlvaine and Ruth Hogan, we’ll chat about the stories that we’re chasing, the great retail leaders we’ve interviewed lately and the trends that we’ve got our eyes on.

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Learn How to Deploy Cisco Secure Firewall in Cloud Native Environments

Cisco Retail

The working world’s shift to remote work and hybrid work conditions has many companies under pressure to adapt their network environments quickly. As a result, many companies are selecting a multi-cloud architecture to stay progressive. And with this influx of new users, it’s safe to say those cloud environments are set to be a permanent fixture.

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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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Guest Post: How to Go Above & Beyond for Your Customers to Secure Their Repeat Business

Hyken

This week we feature an article by Ray?Blakney, CEO and co-founder of Live Lingua , a renowned online language learning platform. He writes about how companies can secure their current customers’ repeat business. Every entrepreneur knows how important repeat customer business is for the overall success of their enterprises. Rather than spending a ton of money on marketing to try to land new buyers, if you are able to secure loyal, lifelong customers, their repeat business will continually grow y

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DICK’S Tees Off New Experiential Golf Galaxy Locations

Retail TouchPoints

DICK’S Sporting Goods is continuing to expand its nationwide footprint with plans to open the first Golf Galaxy Performance Center , as well as four additional locations in August — two Dick’s Sporting Goods and two Going, Going, Gone! stores. The redesigned Golf Galaxy Performance Center is set to open in Framingham, Mass. on Aug. 28 and will offer golfers of all levels an immersive experience, with state-of-the-art hitting bays, custom fittings, golf lessons from certified PGA professionals as

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Demystifying beauty: A conversation with Deciem’s chief scientific officer

Inside Retail

Prudvi Mohan Kaka is chief scientific officer at global beauty giant, Deciem, parent company of cult brand The Ordinary, which is focused on no-fuss, science-based skincare products. Here, we chat with Kaka about how he and his team have developed some of the world’s most popular skincare products and how he’s on a mission to bust common skincare myths.

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Cisco Catalyst 8000V, the Cloud-Smart Router, Powers Secure SD-WAN for Multicloud and SaaS

Cisco Retail

Cisco Catalyst 8000V Edge Software was launched in November 2020 as an evolution of the widely adopted Cisco Cloud Services Router (CSR) 1000V, which is deployed by more than 5,000 customers globally. As the successor to the widely adopted CSR 1000V, the Catalyst 8000V offers the next generation of secure multicloud networking and cloud-smart capabilities in software, required by enterprise workloads for the public cloud and SaaS.

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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