Sat.Feb 26, 2022 - Fri.Mar 04, 2022

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Understanding Hidden Costs and Fees When Working with Retailers

Rangeme

For suppliers working with retailers for the first time, the costs and charges they face can come as a nasty surprise. One recent study in the U.K. found that supermarkets make as much as a third of their profits each year from the fees they charge their suppliers. And this is an international issue: suppliers around the world face similar problems.

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Top 6 microservices patterns

Mulesoft

Once considered one of the hottest up-and-coming technologies, microservices have now seen widespread adoption as a way to deconstruct the large, complex infrastructures within organizations across industries. Traditional applications act as monoliths, meaning that they are single self-contained artifacts, while a microservice-based application is made up of several building blocks that can be composed together […].

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Protected: The Complicated Marketing of Health and Wellness In-Store?

Medallion Retail

There is no excerpt because this is a protected post. The post Protected: The Complicated Marketing of Health and Wellness In-Store? appeared first on Medallion Retail.

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How Can Brands Capitalize on NFTs? VC Firm Spotlights 3 Trends

Retail TouchPoints

The NFT space is heating up, and brands across the retail realm are eager to show their innovation in the quickly blossoming category. Just look at the Super Bowl’s roster of advertisers for a small sampling of the diverse brands diving head-first into the metaverse. As demand on the brand side increases, so does demand on the creator side. That’s why firms like Panoramic Ventures are focusing on investing in companies that support the acceleration of the NFT and blockchain market.

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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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ABS data shows a retail rebound in January

Inside Retail

Retail sales surged by 6.4 per cent in January, according to data released by the Australian Bureau of Statistics today. Sales of clothing, footwear and personal accessories also recorded a 7 per cent year-on-year increase, while sales by restaurants, cafes and takeaway services rose by 6.2 per cent, and of household goods by 5.9 per cent. Food retailing recorded the largest monthly increase since last July, up by 4.5 per cent in January. .

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Ikea opens doors on first UK high street small-format site

Retail Focus

Ikea opens its first city centre store in the UK today with the company’s boss saying he hopes it will mean shoppers come to the retailer more often. Customers will be able to buy home accessories and soft furnishings at the new site in Hammersmith, west London, but they will also be able to see entire room sets and order beds, wardrobes and bookshelves for home deliveries.

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Incorporating Online Meal Planning Solution Boosts Transaction Completion 5X for Grocery Retailer

Retail TouchPoints

Reasor’s Foods has reduced cart abandonment among its online shoppers with the deployment of a white-label meal planning solution from GroceryShopii. Since integrating the solution into its RecipeToTable meal planning option in summer 2021, shoppers using it are 5X more likely to complete their ecommerce transactions compared to non-users. These consumers also make twice as many visits to the Reasor’s site and spend 8.6% more when recipes drive their shopping experiences.

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David Jones struggles through a tough first half

Inside Retail

Lockdowns and store closures have severely affected David Jones’ first-half performance, with sales turnover and concessions declining by 9.2 per cent. Online sales rose 44.2 per cent however, and contributed 28.1 per cent of total sales during this period, and comparable store sales fell 9 per cent – only to pick up in the last six weeks of the period, including Boxing day sales, growing 3.2 per cent. .

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Target expanding Ulta Beauty shops

Retail Wire

Target plans to open an additional 250+ Ulta Beauty shops inside its stores in 2022. Over time, the retailer has committed to hosting at least 800 Ulta shops.

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Moss Bros. and Sketchers set to open in Woking this spring

Retail Focus

Victoria Place in Woking, co-owned by Woking Borough Council and Moyallen Group, has announced the signing of Moss Bros. and Skechers, with both brands set to open later this spring. Opening on Henry Plaza, which forms part of the £700 million redevelopment of Woking town centre, Moss Bros., will occupy a 2742 sq ft boutique stocking its full collection of versatile clothing, footwear and accessories.

Boutique 162
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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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Walmart+ Creates its Own Shopping Holiday Following Amazon Prime Price Increase

Retail TouchPoints

Alibaba has Singles Day and Amazon has Prime Day , and now Walmart is making its own mark on the calendar with an exclusive event to promote the Walmart+ subscription service. On Feb. 24, the retailer unveiled a new online savings event, Walmart+ Exclusive Access, offering members savings of up to 40% on an array of goods, from Melissa & Doug toys to MSI Bravo gaming laptops and NordicTrack Studio Bikes with touchscreen and iFIT.

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Her Black Book raises $1.6 million three months after launch

Inside Retail

Premium fashion shopping app, Her Black Book, has bagged $1.6 million in an oversubscribed round led by Andrew Hagger, the CEO of Australia’s largest private investment group Tattarang. The equity round, joined by Afterpay-backed Touch Venture, raised Her Black Book’s value by 50 per cent compared to its pre-launch capital raise. The three-month-old app was founded by Sali Sasi and Julie Stevanja, who is also the founder of activewear giant Stylerunner.

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Amazon Fresh associates push for $25 an hour minimum

Retail Wire

Workers at an Amazon Fresh store in Seattle are calling on their fellow associates to get behind a push to organize the workplace. The associates seek higher pay (a $25 an hour minimum), longer breaks, a more flexible attendance policy and other benefits. Current starting pay at the store is $18.25 an hour.

ATS 147
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Benefits Of Using CRM Software In The Financial Sector

Retail Focus

By taking the responsible and analytical tasks of finance to mind, the financial CRM sector is evolving at a rapid speed. . When it comes to the need to systematize and manage the customer details, finding banking and finance software helps to simplify sales operations and improve. The most suitable financial CRM can assist businesses in properly sorting a large quantity of information to efficiently optimize their operations, boost their sales effectiveness, and accelerate their sales process.

Finance 130
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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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New Marketplace The Host Co. Wants to Make Airbnb Amenities Shoppable

Retail TouchPoints

Around the world there are more than 10 million short-term rental properties on the market through platforms like Airbnb and Vrbo. Former HGTV producers turned Airbnb Hosts Annie Sloan and Mikel Hubbard want to make those spaces shoppable with their new online marketplace The Host Co. , which helps hosts create an online store to sell anything in their property — from the snacks in the fridge to the art on the walls.

Boutique 297
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Oroton to offer circular wardrobe service online, with AirRobe

Inside Retail

Luxury fashion company Oroton Group has announced a new partnership with digital circular wardrobe brand AirRobe from this month. In a bid to enhance its circular commitment, Oroton has incorporated AirRobe’s innovation by allowing customers to resell, rent, recycle or donate their purchases. For items that are listed as resale or rent, customers will be provided with a resale quote at the time of sale in order to chart the item’s future value in the circular economy.

Fashion 246
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Workers at REI store vote to join a union

Retail Wire

Associates working at an REI store in Manhattan’s SoHo neighborhood have voted 88 to 14 to join the Retail, Wholesale and Department Store Union. The store is the first REI location to employ workers represented by a union. The push for a union at the store began when workers felt that fellow associates who pushed for increased safety measures in response to the pandemic were prevented from returning to work after the store reopened following a temporary closure.

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What Is GauGAN? How AI Turns Your Words and Pictures Into Stunning Art

Nvidia

GauGAN , an AI demo for photorealistic image generation, allows anyone to create stunning landscapes using generative adversarial networks. Named after post-Impressionist painter Paul Gauguin, it was created by NVIDIA Research and can be experienced free through NVIDIA AI Demos. How to Create With GauGAN. The latest version of the demo, GauGAN2, turns any combination of words and drawings into a lifelike image.

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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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Do Retail Algorithms Enhance Efficiency or Exclusivity?

Retail TouchPoints

Without question, the pandemic has changed the way consumers shop. The number of online purchases has skyrocketed, with many people embracing the “click-and-collect” method. On the business side meanwhile, retailers are now expected to deliver services that are not only convenient and safe but also more personalized. To that point, it has been reported that 91% of consumers now prefer brands that offer recommendations and deals relevant to them as individuals.

Consumer 289
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Puma, Modibodi in global partnership to help sportswomen stay in the game

Inside Retail

Puma and Modibodi have partnered to launch an underwear and activewear range that helps women stay active and comfortable during their period. The collection will counter the growing problem of disposable feminine products polluting the environment by replacing them with long-term reusable and sustainable alternatives. Erin Longin, global director Run/Train at Puma said that it is important for Puma as a global brand to address the issue.

ATS 246
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Gap sees 2022 as a growth year

Retail Wire

Gap posted a lower than expected loss in the fourth quarter, four cents a share compared to the analyst consensus of 13 cents. The company is forecasting sales growth in the “low single-digit range” this year, with earnings between $1.95 to $2.15 a share.

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Automation with Any Tooling on Any Interface

Cisco Retail

Terraform expands into the extensive Cisco IOS XE programmability and automation ecosystem. IOS XE’s vast, programmable feature set. The Cisco IOS XE ecosystem is programmatically managed and supports a variety of tooling. This includes Ansible to YANG Suite, pyATS over NETCONF, RESTCONF, gNxI, and even with legacy CLIs. With the addition of the new Cisco IOS XE Terraform provider, we add an additional tool into the IOS XE configuration management toolbox.

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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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Dollar General Expansion Plans Expected to Create 10,000 Net New Jobs

Retail TouchPoints

Dollar Genera l has announced plans to create approximately 10,000 net new positions during fiscal 2022, a 6% increase of its total workforce. This hiring surge is credited to Dollar General’s forecasted growth of new stores, distribution centers and its private fleet. Dollar General’s fiscal year ends Feb. 3, 2023. In December 2021, Dollar General announced plans for significant expansions and upgrades to its store footprint, including: • More than 1,000 new store openings; • 1,750 store remode

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Coles partners with Wing to deliver groceries via drone

Inside Retail

In a pilot, Coles supermarkets has partnered with drone-delivery service Wing to deliver popular grocery items to consumers. . Customers in Canberra can choose from more than 250 items including bread, fresh produce, snacks, convenience meals, health care items, and kitchen essentials and have them delivered by a drone in minutes. Coles chief executive e-commerce, Ben Hassing, described drones as the next evolution in delivery technology, saying it will help reduce the number of trucks on the ro

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The nature of tech work has changed

Retail Wire

Skilled technology workers found they liked the added flexibility that came from working at home during the pandemic. Many have little or no interest in going back to the office full time now that medical safety restrictions are being lifted. This new way of working poses challenges for employers but also opens up opportunities to recruit talent with fewer limits when it comes to geographical distance.

ATS 130
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Cisco stands on guard with our customers in Ukraine

Cisco Retail

Summary. As the Russia-led invasion intensifies, Ukraine is being attacked by bombs and bytes. Cisco is working around the clock on a global, company-wide effort to protect our customers there and ensure that nothing goes dark. Cisco Talos has taken the extraordinary step of directly operating security products 24/7 for critical customers in Ukraine while over 500 employees across Cisco have come together to assist in collecting open-source (public) intelligence.

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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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Through the Looking Glass: Touchscreen Access to the Metaverse

Retail TouchPoints

The recent expansion of the metaverse has sparked innovators’ imaginations. This virtual 3D world is well known to gamers who don their VR goggles and play, totally immersed in the environment created from a developer’s imagination. And now, Facebook’s recent evolution into Meta will offer people the ability to socialize, collaborate and interact in other ways inside a virtual world.

Consumer 278
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TWG parent V3 Group to launch Hong Kong IPO

Inside Retail

V3 Group – the Singapore-headquartered parent of TWG Tea and Osim – is set to launch an IPO in Hong Kong, according to regulatory filings quoted by the Business Times. Its investment arm, V3 Brands Asia, filed an application for a global offering on Monday without disclosing pricing details, the size of the offering or the number of shares up for grabs.

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Growing list of brands cut ties with Russia over Ukraine war

Retail Wire

Adidas, Apple, Boohoo, BP, Burberry, Disney, H&M, IKEA and Nike are just some of the prominent brands that have cut ties with Russia following its invasion of Ukraine. Many companies, including those not trading in or with Russia, have donated to international relief efforts to support the one million-plus refugees that have fled Ukraine.

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Network as a Service: The changing face of NetOps

Cisco Retail

Next era of networking roles. Brace or embrace. Slightly oversimplified, but in my estimation, those are two of the primary choices we all have when it comes to the change and evolution of our job roles. For years, actually, decades is more accurate, network admins, architects, engineers, and strategists have experienced the familiarity of generally stable job descriptions.

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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