Tokinomo
AUGUST 23, 2023
In the ever-evolving realm of retail, where the intersection of technology, consumer behavior, and marketing strategies constantly reshapes the landscape, staying ahead of the curve has never been more vital.
Retail TouchPoints
AUGUST 23, 2023
Mannequins have played a starring role on the store floor for centuries. But while they still can add elements of creativity and context to visual displays, they are no longer the hero of the brick-and-mortar experience — largely because they do not fully or accurately reflect the needs of today’s in-store consumers. That is why global innovation agency Outform is reimagining the store mannequin by combining 3D-like hologram tech, dynamic content and real-time data into one robust experience.
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Shopify
AUGUST 22, 2023
Whether you’re just starting out or have been in the game for a while, taking a fresh look at your growth tactics is always a smart move. Here we'll delve into 11 proven ways to amplify your retail success.
Wiser
AUGUST 21, 2023
No matter how revolutionary your product or service may be, it’s the promotion strategy that can make or break its journey in the market. This is where strategic planning, product positioning, and creative marketing come into play. The product promotion process can seem daunting, of course. But fear not, there are proven strategies that can aid in successfully showcasing your innovation to the world, creating a buzz, and ultimately increasing your revenue.
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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.
Inside Retail
AUGUST 21, 2023
While the world may slowly be returning to normal in the post-pandemic era, retailers worldwide continue to face labour shortages in customer-facing roles. A recent study by Deloitte found that 74 per cent of executives heading major global retail companies expect shortages in customer-facing positions. Closer to home, the Australian Retailers Association (ARA) surveyed members and found that 84 per cent reported it has become harder to recruit new team members.
Retail Focus
AUGUST 23, 2023
Ghalia BOUSTANI. Senior Retail Consultant at Univers Retail | Published Author | Visiting Lecturer. In the ever-evolving world of luxury branding, creating memorable experiences is paramount. Luxury brands are constantly seeking innovative ways to engage their clientele and reinforce their exclusivity. One avenue that has gained significant traction is the concept of pop-up stores.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
RIS News
AUGUST 23, 2023
Dick’s Sporting Goods revealed this week shrink represented a third of its merchandise margin decline and blamed organized retail crime. RIS reports on what retailers across the board are saying about theft and shrink.
Retail TouchPoints
AUGUST 22, 2023
Sephora will be the first U.S. retailer to offer Tap to Pay on iPhone, which allows associates to accept contactless payments using their iPhones without requiring a dedicated payments card reader or additional hardware. The service, which Sephora is now rolling out across all of its freestanding stores, will allow customers to pay for their purchases anywhere there’s WiFi or cellular service available.
Retail Dive
AUGUST 22, 2023
Industry leaders want broader adoption of emerging technologies, but concerns over cost and finding business value stand in their way.
Inside Retail
AUGUST 24, 2023
Listed conglomerate Wesfarmers has reported tax-paid profit reached $2.5 billion in FY23 as operating conditions and consumer behaviours continued to normalise. The company’s retail business comprises Bunnings, Officeworks, and Kmart Group which in turn includes Target and Catch. For the year to June 30, group sales rose 18.2 per cent to $43.5 billion while tax-paid profits reached $2.5 billion, up 48.8 per cent and EBIT of $3.8 billion, up 6.3 per cent.
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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.
Tokinomo
AUGUST 21, 2023
Campaign corner Great flavor. In an effort to promote his product and find out more about what consumers want, singer and co-owner of Treo, Jason Derulo, takes to the streets to engage with people of various age groups, discussing the benefits of the organic juice option. As they try out diverse Treo flavors, people are genuinely impressed by the flavor, as well as the impressive low-calorie, carbohydrate, and sugar content.
Retail TouchPoints
AUGUST 25, 2023
Every few decades, retail brands discover a new way to connect with consumers. The early 2000s saw the beginning of an online media push that brought standardized content from one brand to many consumers. Mobile-targeted direct-to-consumer brands (D2C) brands reigned from 2010 to 2021, ushering in new ways to get in touch with their customers directly.
Retail Wire
AUGUST 25, 2023
Kohl’s Corp reported better-than-expected quarterly profit, attributed to leaner inventories, reduced costs, and fewer discounts, which helped the department store chain navigate a broader retail slowdown. The company’s inventory decreased by 14% during the quarter due to stock clearance efforts, contributing to a drop in gross margin. Kohl’s CEO, Tom Kingsbury, expressed confidence in the.
Inside Retail
AUGUST 23, 2023
Australian fashion jewellery chain Lovisa is continuing with its global expansion after profits jumped 20 per cent for the full year. Sales reached $596.5 million – up 33.1 per cent – with comparable store sales up by 6.3 per cent. Tax-paid profit rose 20.1 per cent to $68.2 million. The company says a key driver for sales was its continued global expansion where 172 new stores were opened during the year taking the total to 801 stores across 39 countries.
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.
Retail Focus
AUGUST 24, 2023
Already home to a well-established traditional Market Hall, INDIEPOP SALFORD will see the creation of a second market hub within the centre, with the focus on local, independent and pop-up retail providing a diverse range of unique products, services and grab and go food and drink operators aimed at the ever growing, diverse population on the centres door step.
Retail TouchPoints
AUGUST 24, 2023
By reducing bounce rates from online merchants’ product detail pages (PDPs) that are reached via paid SERPs (search engine results pages) on Google, retailers can extend visitors’ journeys throughout their websites and help boost conversion rates. Bidnamic Discovery Pages, which are optimized for speed, can help address page loading slowdowns caused by the multiple elements on PDPs designed to encourage visitors to convert, such as behavioral tracking, rollover zoom features and video assets.
Retail Wire
AUGUST 24, 2023
Despite the ongoing summer heat, the pumpkin spice season is starting earlier this year, with companies like Starbucks, Dunkin’, Krispy Kreme, and 7-11 already rolling out their autumn-themed products. Starbucks, celebrating the 20th anniversary of its famous pumpkin spice latte, will release its fall lineup on August 24, which is earlier than usual.
Inside Retail
AUGUST 24, 2023
Private equity firm Roark Capital agreed on Thursday to buy Subway, in a deal that people familiar with the matter said values the US sandwich chain at up to $9.55 billion, including debt, subject to targets in its financial performance. The deal marks the conclusion of a drawn-out auction that started in February and attracted interest from several private equity firms.
Advertiser: Experience Retail Today
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.
Retail Focus
AUGUST 23, 2023
Shoplight has worked with GAIL’s Bakery for many years. With an established and trusted bond and knowing they had shared values and goals around sustainability, Shoplight approached GAIL’s Bakery about its soon-to-launch, brand-new, UK-made, bioplastic, 3D-printed spotlight. Retail lighting for sustainably driven brands GAIL’s sustainable ethos runs through the very heart of its brand from the food they create to the materials they use in its properties.
Retail TouchPoints
AUGUST 24, 2023
Shein and Forever 21 are joining forces in a deal that will allow Forever 21 to sell its youth-focused apparel to Shein’s 150 million online users. The deal may eventually include Shein shop-in-shops at some of Forever 21’s 540 brick-and-mortar stores, which are heavily concentrated in malls, as well as offering consumers the ability to return Shein items at Forever 21 locations.
Retail Wire
AUGUST 25, 2023
Dollar Tree and Family Dollar stores have entered a new companywide settlement with the Occupational Safety and Health Administration (OSHA), under which they must rectify safety issues like blocked fire exits and unsafe stacking of materials within 48 hours or face a $100,000 daily fine. The agreement is in response to years of complaints about.
Inside Retail
AUGUST 22, 2023
Multibrand food chain franchisor Retail Food Group (RFG) reports underlying profit growth of 22.3 per cent for the full-year. The company owns and operates Gloria Jean’s, Crust Gourmet Pizza, Donut King, Brumby’s Bakery, Cafe2U Michel’s Patisserie, Pizza Capers and The Coffee Guy. For the year to June 30, underlying group EBITDA grew 21 per cent to $26 million while underlying tax-paid profit reached $22.6 million, up 22.3 per cent.
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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.
Retail Focus
AUGUST 23, 2023
Gourmet Danish confectionery brand, LAKRIDS BY BÜLOW, is proud to announce that from September 2023, liquorice lovers will be able to purchase their favourite chocolate coated liquorice in 23 John Lewis stores across the UK and johnlewis.com. Alongside five products from the brand’s core range, including its most popular flavour D – SALT & CARAMEL, LAKRIDS BY BÜLOW is launching four flavours from the WINTER collection into John Lewis stores nationwide, available to purchase ahead of t
Retail TouchPoints
AUGUST 24, 2023
As retailers gear up for the 2023 holiday shopping season, predicted to be another big year, expect generative AI to influence consumer shopping and buying decisions. In fact, seven out of 10 marketers in the U.S. are using generative AI in their work already, according to Statista. This influence is already being felt across the buyer journey. It’s being used to generate marketing content including social media posts, videos and images.
Retail Wire
AUGUST 22, 2023
Macy’s and Nordstrom are set to release their quarterly results this week, providing insights into whether their new strategies involving revamped inventory and lower prices are attracting shoppers. Macy’s has been focusing on its private brands, with the recent launch of the On 34th label, while Nordstrom aims to revive its struggling off-price Rack business.
Inside Retail
AUGUST 22, 2023
After posting a $1.6 billion full-year profit, Woolworths says it is “cautiously optimistic” moving forward despite evidence customers are cutting back on spending. Group sales reached $64.3 billion, up 5.7 per cent while tax-paid profit from continuing operations improved 4.6 per cent to $1.6 billion and EBIT of $3.11 billion, up 15.8 per cent. Across its Australian food division, sales increased 5 per cent to $48 billion, with second-half sales increasing 7.6 per cent, reflecting elevated infl
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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.
Retail Focus
AUGUST 23, 2023
Amazon Fresh stores offer a wide selection of products, including Amazon’s private food brand ‘by Amazon’ and its premium grocery range, ‘Our Selection’, which offer hundreds of delicious items. Shoppers will find everyday staples in store from fresh produce, including British meat, poultry, responsibly sourced fish, dairy, fruit and veg, to bakery, freshly prepared meals and more, all at great prices.
Retail TouchPoints
AUGUST 23, 2023
Up to 70% of business-to-consumer marketers believe that content marketing has become more important to their business over the past year, and 77% have successfully used this content to build credibility and trust among their consumers, according to the Content Marketing Institute. The Home Depot is tapping into this value by creating a branded content destination to support young homeowners.
Retail Wire
AUGUST 24, 2023
Abercrombie & Fitch has raised its annual sales forecast after reporting strong second-quarter results that surpassed estimates. The company’s new clothing styles, including dressy apparel, knitwear, cargo pants, and denim silhouettes, attracted shoppers to both its Abercrombie and Hollister labels. The retailer’s tight inventory control and ability to chase demand without relying heavily on promotions.
Inside Retail
AUGUST 24, 2023
Collapsed Australian non-alcoholic drinks specialty store Sans Drinks has been acquired by online wine retailer, Just Wines. In July, the company entered voluntary administration citing competitive pressures and softening sales. On Monday, creditors resolved to accept the Deed of Company Arrangement (DOCA) proposal. This means secured and employee creditors are likely to be paid in full while unsecured creditors are set to receive an estimated 48 cents in the dollar over the next three months.
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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