Inside Retail

FEBRUARY 22, 2022

Aldi Corner Store in North Sydney has debuted a first of a kind pizza-making robot vending machine, dubbed Pizzabot. The collaboration with Bondi startup Placer Robotics, will serve restaurant-grade pizzas in two minutes for a limited time. The vending machine is designed and manufactured in Australia. Huw Longman, director of Aldi Corner Store commented: “We understand our shoppers are motivated by quality, value and supporting local.

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Retail TouchPoints

FEBRUARY 23, 2022

No matter how fast the modern payment ecosystem is developing, the pursuit of the best customer experience isn’t going anywhere. To answer customers’ demands, business leaders must find the balance between adapting services to consumers’ digitally-driven shopping behaviors and staying true to the company’s strategy. For retailers, the revolutionary payments shift towards cryptocurrency will certainly come with challenges, but it may all be worth it.

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Mike Anthony

FEBRUARY 21, 2022

I recently conducted a poll on LinkedIN asking how best to organize products on a shelf. The results were interesting, with the vast majority of respondents suggesting that the merchandising layout should follow the Shopper Decision Tree. And at one level, that makes sense. But there are some significant issues with this approach. Shopper Decision Trees are an important source of shopper insight , but like most data, it is only a guide.

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Tokinomo

FEBRUARY 22, 2022

Brick and mortar retail has grown a lot in the past few years. It adopted various technologies to keep up with the demands of shoppers, but it still relies on some traditional tools and solutions for product promotion.

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Customer Experience

Inside Retail

FEBRUARY 22, 2022

With Omicron waning out, Melbourne CBD is launching an additional 20 new stores in the coming months in order to revive its retail wing. This comes after last year’s expansion which added 20 new stores to the precinct. Melbourne Central is home to 12 international renowned flagships: with the highly anticipated Lego store, the largest in the southern hemisphere, set to open in the coming months. .

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Retail TouchPoints

FEBRUARY 22, 2022

What do you want to be when you grow up? If you’re a brand currently selling via FBA on Amazon, the answer is probably: a lot bigger. While running a company out of your living room can be a lot of fun initially, the end goal for most entrepreneurs is to build a well-established, well-recognized organization. If you own a brand, you have plenty of options for growth.

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Retail Focus

FEBRUARY 23, 2022

Shaftesbury has announced that popular Danish fashion retailer, Colorful Standard, has opened a permanent flagship space in Seven Dials. This coincides with the opening of two new experience-led retail brands within the Seven Dials neighbourhood, Apex Rides and Hidden Planet, demonstrating the destination’s continuous retail appeal. Colorful Standard was first introduced to Seven Dials last year, with a pop-up store located on 18 Earlham Street as part of the retailer’s London expansion.

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Inside Retail

FEBRUARY 23, 2022

The e-commerce boom of the last two years has been felt across the globe, and the Australian market is no exception. If last year felt slightly less volatile than the one before it, it might be because business owners and markets as a whole have learned to keep a finger on the pulse of change and respond quickly. There has been a wealth of research carried out in an attempt to shed light on the rapidly changing e-commerce landscape.

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Retail TouchPoints

FEBRUARY 21, 2022

With the start of another year in the new normal, retailers are still questioning how to best engage with consumers in the post-pandemic world. In the past two years, consumers’ expectations and preferences have vastly changed. Today’s shopper now expects a seamless omnichannel experience, convenient delivery options and an array of sustainable products — as detailed in new research from Capgemini.

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Retail Wire

FEBRUARY 25, 2022

Christian Smalls, a former employee and labor organizer at Amazon/com’s warehouse in Staten Island, NY, was arrested on Wednesday at the facility after being accused of trespassing while delivering sandwiches to employees. Mr. Smalls was charged after Amazon claimed he had “repeatedly trespassed despite multiple warnings.

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ATS 130

Speaker: Amanda Adams, Fractional CFO, CPA

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Accounting

Retail Focus

FEBRUARY 23, 2022

The exclusive interior design of Bonedea brings to life the narrative of ‘Bona Dea’ the roman goddess that inspired the name of the luxury emporium. Studio Clementine has created a stunning backdrop to display the exquisite objet d’art, it is an invitation to step into an ethereal world full of intricate details, romantic and playful touches befitting a goddess.

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Inside Retail

FEBRUARY 20, 2022

The Omicron outbreak has failed to dampen retail sales despite initial concerns about foot traffic and staff constraints during the early part of January according to ARA CEO Paul Zahra. . Fresh Mastercard SpendingPulse data released Monday showed a 4.9-per-cent year-on-year increase in retail sales across the country in January and a 14.4-per-cent rise on pre-pandemic levels of two years ago. .

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Retail TouchPoints

FEBRUARY 25, 2022

Online is becoming a main vehicle for purchases, and forward thinking businesses are already finding ways to seamlessly integrate their in-store and virtual experiences. In today’s world brands need to be omnipresent, having digital footprints across several channels. It’s the only way to reel in younger generations whose buying power will only increase.

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Retail Wire

FEBRUARY 25, 2022

Niraj Shah, CEO of Wayfair, expects that online sales will moderate as inflation takes a bite out of disposable income and consumers return to stores to shop following the lifting of COVID-19 restrictions.

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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.

Fashion

Retail Focus

FEBRUARY 23, 2022

Global fashion retailer New Look has announced it is opening its first ever UK clearance store at Northern Ireland’s outlet, The Boulevard. The 2406 Sq ft store will open its doors at the Lotus Property-owned scheme on 25 th February, offering women’s clothing, footwear, accessories. Following in the footsteps of Molton Brown, Joules and Asics, New Look is the latest retailer to set its sights on Northern Ireland as a prime retail location and is among a number of brands that have opened ‘firsts

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Inside Retail

FEBRUARY 19, 2022

The Lego Foundation has launched a US$143 million global challenge to fund initiatives that make a positive impact on the young. The foundation’s CEO, Anne-Birgitte Albrectsen, says the program aims to address what she describes as a “global early childhood emergency” Dubbed Build A World of Play Challenge, the program will fund organisations that pitch a plan to make a positive impact on the youngest children globally. “We are currently facing the biggest global early childhoo

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Retail TouchPoints

FEBRUARY 25, 2022

Experiential retailer b8ta officially shut down its U.S. brick-and-mortar operations on Feb. 18, 2022, according to the company website. The brand’s international businesses, b8ta Japan and b8ta MENA in the UAE, remain operational, and the Japanese business has acquired the brand’s licenses in Japan, according to TechCrunch. “It was an amazing seven years, and we are incredibly thankful to our employees, investors, partners, and shoppers,” said b8ta in a message to its U.S. community.

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Retail Wire

FEBRUARY 25, 2022

Almost 90 percent of all adults in the U.S. are concerned about inflation, according to a Momentive survey conducted for The New York Times. The survey was fielded prior to Russia’s invasion of Ukraine, which has led to a spike in energy prices. Three-quarters of those surveyed rated the economy as fair or poor. “People just hate inflation,” said Michael R.

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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

Customer Experience

Retail Focus

FEBRUARY 24, 2022

Nearly half of retailers think they will see the end of widespread supply chain delays and disruption this year, with movement of goods returning to levels of normality seen before COVID and Brexit. New research* by Advanced Supply Chain Group (ASCG) shows high confidence amongst 46% of retailers in supply chains normalising this year, whilst a third think 2022 will see some improvements in the timeliness and reliability of moving products.

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Inside Retail

FEBRUARY 24, 2022

Myer has announced the closure of its Blacktown store in Sydney’s outer west, a move that follows the reduction of footprints of five other stores across Australia. . As the troubled department store retailer tries to reight-size its portfolio in the wake of consumers moving online to shop, Myer said the Blacktown store closure was the fifth under its Customer First Plan launched in January 2019.

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Retail TouchPoints

FEBRUARY 25, 2022

Nordstrom has joined other retailers in mandating the application of RFID tags to the products it sells in its stores. The company’s directive to its suppliers includes RFID ticketed products for all of its channels, including Nordstrom, Nordstrom CA, Nordstrom Rack and Nordstrom Rack CA. RFID-ticketed products are not yet required for drop-ship suppliers.

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Retail Wire

FEBRUARY 24, 2022

Shipt members can now order products for delivery from Walgreens and 7-Eleven across the country. The deals mark the most stores ever covered by Shipt in one day since its founding. Walgreens has more than 6,300 locations and 7-Eleven has 6,450.

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Customer Experience

Cisco Retail

FEBRUARY 21, 2022

A s cyber threats against state and local governments increase, the need for a united front is more critical than ever. StateRAMP, modeled on the Federal government’s FedRAMP program, is leading the way. By promoting best practices through education, advocacy, and policy development, StateRAMP is helping drive a standardized approach to cybersecurity, resulting in more strategic and effective cyber postures for state and local governments.

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Inside Retail

FEBRUARY 24, 2022

Martin Matthews exits APG & Co amid organisational restructure. Australian fashion house APG&Co has announced that CEO Martin Matthews has left the business after only 15 months, and has been replaced by Elisha Hopkinson, effective Monday, 28 February. His departure came as part of an organisational restructuring. . Matthews first joined the business in December 2020.

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Retail TouchPoints

FEBRUARY 25, 2022

The explosive growth of China’s luxury fashion sector is being driven by a major influx of new shoppers: 50% of customers entered the market just in the past 12 months, and this group is expected to drive 80% of its growth, according to a survey by Oliver Wyman. That growth potential is massive; sales increased 40% to $41.6 billion in 2021. These new shoppers are young, with 40% below age 25, and they have very different preferences compared to older luxury shoppers.

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Retail Wire

FEBRUARY 24, 2022

Walgreens is looking to sell its Boots drugstore business in the UK. The company set today as the day for bidders to make their initial offers for the chain. Boots is valued at $10.88 billion.

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ATS 130

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Nvidia

FEBRUARY 23, 2022

Editor’s note: This post is a part of our Meet the Omnivore series, which features individual creators and developers who use NVIDIA Omniverse to accelerate their 3D workflows and create virtual worlds. Within the Mogao Caves, a cultural crossroads along what was the Silk Road in northwestern China, lies a natural reserve of tens of thousands of historical documents, paintings and statues of the Buddha.

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Inside Retail

FEBRUARY 22, 2022

Scentre Group CEO and MD Peter Allen is to step down from the role on September 30 as part of a succession plan, before retiring next year. . In an announcement today, the ASX-listed retail landlord’s board said Allen will be replaced by Elliott Rusanow who will assume the role on October 1. He is currently the group’s CFO. Scentre Group chair Brian Schwartz said that since Allen’s appointment in 2014, he had built a strong organisation and culture focused on its people, the customer and communi

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Retail TouchPoints

FEBRUARY 23, 2022

In the pandemic’s wake, many retailers set up flexible fulfillment services in order to meet new safety guidelines and consumer requirements. From early 2020 to mid-2021, the percentage of retail chains offering curbside pickup surged from a miniscule 7% to a staggering 51%. Additionally, 66% of retail executives who responded to design:retail’s survey indicated that they spent time and capital updating the fronts of their stores to accommodate in-store pickup experiences.

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Retail Wire

FEBRUARY 24, 2022

The National Labor Relations Board has rejected Starbucks’ legal argument that union votes should include workers at all its locations in geographic regions and not single stores. Workers at more than 100 Starbucks across the country have filed for union elections.

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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

Finance