18 retailers at risk of bankruptcy as consumers tighten wallets in 2022
Retail Dive
OCTOBER 3, 2022
As demand wavers and capital gets harder to find, the number of companies at risk has soared from last year.
Sat.Oct 01, 2022 - Fri.Oct 07, 2022
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Hurry! These Small Business Grants Expire in October
Small Biz Trends
OCTOBER 2, 2022
Whether your business is struggling to recover from the pandemic or trying to make the most of new opportunities, extra funding can be incredibly useful. Small business grants provide a quick influx of cash that can be used for a variety of functions. Sometimes these grants come from state or federal governments. In other cases, local groups or non-profits offer them.
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As Cannabis Goes Mainstream, Opportunity Grows for Traditional Retailers
Retail TouchPoints
OCTOBER 1, 2022
Cannabis is in growth mode: the industry posted sales between $24.5 and $27 billion in 2021 and reached an estimated 11,800 retailers in 2022, according to data from the MJBiz Factbook. A Gallup poll found that 68% of Americans believe marijuana should be legal and 16% of adults aged 26 and over used cannabis in the past year, making the trajectory clear —traditional retailers, take note.
Concerned about quiet quitting? You might need a workplace wellness plan
Inside Retail
OCTOBER 5, 2022
The pandemic brought new workplace challenges to the fore, while employee concerns about mounting workloads, constant change and expectations about always being contactable outside work continue to rise. Research revealed that people worked longer hours at the start of the pandemic. While working from home saved commuting time, it also made it harder for some employees to switch off.
5 Ways You Can Win Faster with Gen AI in Sales
Advertiser: ZoomInfo
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
Selfridges opens biggest Christmas Shop to date
Retail Focus
OCTOBER 4, 2022
Selfridges has launched its biggest Christmas shop in a dedicated new destination on the fourth floor of the Oxford Street Store. The Christmas shop which is 20% bigger than last year has been imagined as a magical and immersive space where visitors are invited to spend time savouring the festive experience. As well as offering more planet-friendly choices than ever before, the Christmas Shop has been built with sustainability in mind, reusing baubles from previous displays in store both for bau
Top 9 + best retail podcasts to help you keep up with trends
Tokinomo
OCTOBER 5, 2022
It’s challenging for every professional to keep up with the latest trends, especially if they work in an ever-changing industry like retail. There are thousands of materials, case studies, research papers, books, podcasts, and articles that bombard you with information. How can you select the best and most important one? We will help you!
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Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
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Queen Victoria Market to ban sale of inauthentic Indigenous products
Inside Retail
OCTOBER 7, 2022
Melbourne’s Queen Victoria Market has cracked down on the sale of inauthentic Aboriginal and Torres Strait Islander souvenir products, ahead of new laws which come into force next year. In August, the Productivity Commission found two in every three Aboriginal and Torres Strait Islander-style souvenirs sold in Australia are inauthentic, with no connection to Aboriginal and Torres Strait Islander people.
Target partners with Tupperware
Retail Wire
OCTOBER 4, 2022
Tupperware is typically sold directly to consumers through its own website or “Tupperware parties.” Now, it can also be purchased in Target’s stores and websites. The retailer will offer container bundles ranging from $7.99 to $79.99. Tupperware, which has tested sales through retailers including Target previously, also sells its storage containers on Amazon.com.
Healthy features, food, and Christmas shopping- Weekly Snacks #26
Tokinomo
OCTOBER 4, 2022
Campaign Corner. Be the food hero. What’s for breakfast? How about lunch or dinner? Those brave men and women who decide to be the masters of home cooking deserve something better. The most recent commercial for Amazon Fresh shows us that an apron is just a cape put in the front. Fresh food delivered to your doorstep sure makes cooking a lot easier.
Starboard Cruise Services Promotes Sherrie Day to Lead Merchandising Role
Retail TouchPoints
OCTOBER 4, 2022
Starboard Cruise Services , the LVMH Moët Hennessy Louis Vuitton luxury retail-at-sea company, has promoted Sherrie Day to the role of Global Head of Merchandising. Day will report to Lisa Bauer, President and CEO of Starboard. Day’s responsibilities will include managing Starboard’s merchandising strategy worldwide. She will oversee global buying and work with more than 700 brands.
The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility
Speaker: Becky Parisotto and John Vurdelja
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
Lekker Bikes makes its Brisbane debut
Inside Retail
OCTOBER 5, 2022
Dutch urban e-bike brand Lekker has opened its first flagship at the Albion Fine Trades precinct in Brisbane CBD. Found by Meindert Wolfraad in 2009, the company sells a range of premium electric bikes to urban commuters. The new store is stocked with Lekker’s full portfolio of bikes which comprises two core ranges: the Amsterdam e-bike range which is a sporty yet lightweight electric bike and the Jordaan range which is a modern take on classic Dutch bikes.
Carnaby will be home to the first ever retail destination plastic recycling concept shop, Are You Mad
Retail Focus
OCTOBER 7, 2022
Shaftesbury announces Are You Mad – the first visible recycling unit on Carnaby Street. The space exists as both a plastic sorting facility and a retail store. They collect plastic waste from local businesses, shoppers and their growing community, which is then sorted, shredded, and turned into new objects, including the build of the shop itself.
Cannabis stocks go sky high after Biden seeks to reclassify weed under federal law
Retail Wire
OCTOBER 7, 2022
President Joe Biden said that he plans to ask the Justice Department and the U.S. Department of Health “to initiate the process of reviewing how marijuana is scheduled under federal law.” Marijuana is currently classified as a Schedule 1 drug, the same classification as opioids. Publicly traded companies in the business of growing and selling cannabis saw their stock prices soar on the news.
Walmart Acquires Robotics Company to Boost Next-Gen Fulfillment Capabilities
Retail TouchPoints
OCTOBER 6, 2022
Walmart has entered an agreement to acquire Alert Innovation , a robotics automation company that develops material-handling technology for automating order fulfillment in retail supply chains. Walmart has been working with Alert to customize technology for its market fulfillment centers (MFCs) since 2016. Now, the retailer plans to increase its investment in the technology in order to leverage its 4,700 stores, which put the retailer within 10 miles of 90 % of the U.S. population, for storage a
Modernizing the Frontend Experience on Salesforce Commerce Cloud
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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.
‘Storm on the horizon’ for retailers amid economic pressures
Inside Retail
OCTOBER 7, 2022
With the Reserve Bank of Australia (RBA) increasing interest rates for six straight months – most recently, a 0.25 per cent rise on Tuesday to 2.6 per cent – retailers might be expecting tough economic conditions, as consumers are expected to cut back. . Yet, some data shows that customers have been spending. According to the Australian Bureau of Statistics (ABS), retail sales were up 19.2 per cent in August 2022 compared to the previous year.
Cara Loves Karl pop-up of the future
Retail Focus
OCTOBER 6, 2022
The fashion house of KARL LAGERFELD and model Cara Delevingne come together to launch CARA LOVES KARL: a futuristic, inclusive, gender-neutral collection and retail campaign which launched worldwide on September 8th, 2022. . StudioXAG were approached to imagine the collection’s pop-up of the future that would offer an immersive, innovative, fun and shareable experience.
Cybersecurity Terms You Should Know
Small Biz Trends
OCTOBER 3, 2022
Information is the lifeblood of your small business. Data that gets stolen or damaged can cost or even ruin an enterprise. Understand how to keep digital data safe with these cybersecurity terms. These can help you pick an excellent intrusion prevention system. These terms are good to know. Especially without a computer emergency response team. READ MORE: What is Cybersecurity.
Meta Looks to Creators, Messaging for New Ways to Connect Consumers and Brands
Retail TouchPoints
OCTOBER 4, 2022
Meta has unveiled a suite of product updates across Facebook , Instagram and its messaging platforms aimed at bolstering its “discovery ecosystem” in order to help businesses “generate connection with customers, demand for products and interest in brands.”. “Meta has built the most powerful discovery engine in history,” said company VP Nada Stirratt at an event announcing the new offerings.
Website Security Essentials: Protect Your Site and Strengthen Cybersecurity
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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.
Australian Halloween sales likely to top $430 million, says ARA
Inside Retail
OCTOBER 6, 2022
One quarter of Australians will celebrate Halloween this year, with expenditure expected to hit $430 million, according to research commissioned by the Australian Retailers Association (ARA). The study was conducted in collaboration with ARA and Roy Morgan, an independent Melbourne-based social and political market research firm. According to the survey, Australians expect to spend an average of $86 per person this Halloween.
The Retail Village at MAPIC 2022 launched
Retail Focus
OCTOBER 7, 2022
MAPIC is launching its Retail Village concept for MAPIC 2022. A major, central location has been set aside within the Palais des Festivals for the show – to attract the most progressive, innovative and connected retail brands in the industry. With constant flux and change in the retail industry, the purpose of the Retail Village at MAPIC is to not only put retail back on stage but also to showcase all new, agile retail initiatives.
Best Dash Cam Options for Small Businesses
Small Biz Trends
OCTOBER 3, 2022
There are many reasons why you might be looking for a dash cam. Maybe you run a small business with a delivery fleet, are an independent contract driver, or simply use your vehicle for business reasons. There are a wide variety of dash cams that may suit your needs. But like most tech these days, the best dash cams come in all shapes and sizes, with equally varying prices and features.
Ann Taylor and LOFT Launch Shared Loyalty Program
Retail TouchPoints
OCTOBER 4, 2022
Ann Taylor and LOFT have launched StyleRewards, a revamped multi-tender loyalty program that lets shoppers earn benefits across Ann Taylor, LOFT, Ann Taylor Factory and LOFT Outlet. The program has a tiered structure and was designed to emphasize a customer-first loyalty approach. Members earn two points per dollar spent on qualifying purchases across all the brands, while credit card holders earn five points for every dollar spent.
10 Ways to Leverage Buyer Signals and Drive Revenue
Advertiser: ZoomInfo
In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.
WA single-use plastic cup ban takes effect; coffee cups are next
Inside Retail
OCTOBER 7, 2022
Stage One of Western Australia’s Plan for Plastics is now complete with single-use plastic cups officially banned from October 1. The state government announced its Plan for Plastics last year in June, detailing a roadmap towards a sustainable, plastic-free state. Nine items have been phased out since July as part of the first stage including plates, cutlery, drink stirrers, thick plastic bags, drinking straws, expanded polystyrene food containers, helium balloon releases and unlidded containers
Nike latest retailer set to open store at Battersea Power Station
Retail Focus
OCTOBER 7, 2022
Battersea Power Station today announced that Nike , will open a new store inside the Grade II* listed Power Station from 14 th October 2022 , when the London landmark will open its doors to the public for the first time in history. The store will focus on serving consumers in the Battersea neighbourhood, and will span approximately 8,380 sq ft. . Nike is the latest retailer to join the exciting mix of British and international brands set to open at Battersea Power Station and on Electric Boulev
Amazon has three warehouse fires in one week
Retail Wire
OCTOBER 7, 2022
A compactor outside the doors of an Amazon.com warehouse in upstate New York caught fire on Wednesday night, forcing the company to send workers home and cancel the following shift “out of an abundance of caution,” according to company spokesperson Paul Flanagan. The fire at the warehouse was the third at one of Amazon’s warehouses in the state this week.
Walmart Launches Limited-Edition Collectibles in Partnership With NECA
Retail TouchPoints
OCTOBER 4, 2022
Walmart and the National Entertainment Collectibles Association (NECA) have partnered to launch AutoT, a digital collectible platform featuring limited-edition figures and collectibles. The collection, which will be available both at Walmart.com and in stores, will feature exclusive figures and rare chase variants signed by stars and creators. Each series in the AutoT line is based on a specific pop culture property.
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.
Gold Coast community pitches in on Queensland’s first ‘free supermarket’
Inside Retail
OCTOBER 7, 2022
Construction on Queensland’s first ‘free supermarket’ has commenced at local charity Serving Our People’s Gold Coast headquarters. The $500,000 project, due to be completed by November, will occupy a 45-year-old warehouse on Mermaid Beach serving locals in need with a range of essential grocery items and general goods. It will also be equipped with a half-size basketball court, electric bicycles and a space for community events.
New Korean beauty retailer secures Angel Central for second pop-up
Retail Focus
OCTOBER 6, 2022
CBRE Investment Management has announced TONIC15 , the Korean beauty destination, has opened its second pop-up within Angel Central following success earlier in the year. With K-Beauty significantly rising in popularity, TONIC15 has chosen Angel Central to host a dedicated space as the retailer strives to continue to capture the attention of beauty-conscious consumers.
Adidas is reviewing its relationship with Kanye West
Retail Wire
OCTOBER 7, 2022
Adidas and Kanye West have been working together since 2016, but the rapper and entrepreneur has recently been critical of the company and its CEO, Kasper Rorsted. The athletic wear brand said it is assessing the partnership after being unable to resolve differences with Mr. West. The company will continue to co-manage Mr. West’s line until a decision has been made.
Adidas Puts Relationship with Kanye West ‘Under Review’
Retail TouchPoints
OCTOBER 7, 2022
Following extremely vocal public criticism of its CEO Kasper Rørsted by Kanye West, Adidas has placed its relationship with the rapper “under review,” according to CNBC. The partnership launched in 2016 with Adidas manufacturing clothing through a collaboration with the rapper’s Yeezy brand. West has accused Adidas of not allowing him to have more control over the project and of copying his ideas.
Is Your Business AI-Ready? Find Out with Orium’s Maturity Model
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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.
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