Sat.Apr 10, 2021 - Fri.Apr 16, 2021

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Getting ready for future-proof retail finance

Retail Dive

As its growth outpaced its technology, here’s how one retailer prioritized digital acceleration to transform its finance function — for seamless agility, flexibility and rapid ROI.

Finance 116
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Retailers: how to avoid over-reliance on discounting

Inside Retail

More than ever, brand marketers are under increasing pressure to reduce reliance on sales, discounting, offers and panic-promotions that undermine profit margins. But with competition fierce, and consumers holding all the purchase power, what can the modern marketer do to reduce discounting tactics while maintaining sales and revenue? Take the affiliate channel: the traditional perception of affiliate and partnership marketing is that it involves a huge amount of discounting, cashback and vouche

Consumer 246
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‘Designed to Explore the Future of Retail’: DICK’S Sporting Goods Debuts House of Sport Concept

Retail TouchPoints

A 17,000-square-foot outdoor turf field and running track, a rock-climbing wall, batting cages and golf hitting bays — these are just a handful of the features adding excitement to the new experiential retail concept — House of Sport from DICK’S Sporting Goods. The first-ever DICK’S House of Sport opened its doors on April 9 in the Rochester suburb of Victor, N.Y.

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Expert round-up: The state of in-store marketing in 2021

Tokinomo

Retail is changing as we speak. COVID-19, the iceberg that hit the whole retail industry is slowly (too slowly) melting away, but its effects will continue to impact this industry for many years. Innovations, retail tech, providing only the best for customers, offering shoppers amazing experiences, and availability on all channels are all impacting the way retailers sell to customers.

Marketing 319
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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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Selfridges reopens its doors and invites customers to discover the Joy of experience

Retail Focus

Today, Selfridges reopens its four stores in London, Manchester and Birmingham. Packed with energy and excitement, each store is set to share the most exciting, unique-to-Selfridges experiences and curated products with its customers. While its doors have been closed, Selfridges has been busy dreaming up new ways to invite its customers to reconnect with the pleasure of the unique shopping experience its stores offer.

Outdoor 246
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Young Australians to boycott brands without sustainable goals: Mastercard

Inside Retail

Since the Covid-19 pandemic forced many Australians to slow down during lockdown, a change in attitude has become apparent. Over half of Aussies (57 per cent) are more mindful of their impact on the environment than ever before, and a number plan to pass this attitude through to their shopping, according to new research from Mastercard. Three in five Australians believe its more important than ever that businesses and brands do their part to help the environment, with 26 per cent of Generation Z

Planning 264

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eCommerce Pricing: How to Price for Marketplaces vs. Your Website

Wiser

Quantity or quality. At the risk of oversimplification, these are the two buckets that make up your eCommerce traffic. You can get a lot of people checking out your brand online. Or you can get the right people. It’s finding that balance that is so critical to success. We’re going to focus on the quality side of things in this blog—specifically, how you can convert more visitors into paying customers through effective eCommerce pricing.

Markdowns 148
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From bedspreads to flower beds, Homebase partners with Next to launch garden centres

Retail Focus

Home and garden experts Homebase is set to bring the best of its gardening products and green-fingered expertise to a selection of Next stores. This is part of a trial across the country between the two well-loved British brands. Six Homebase garden centres will open in Next stores in Shoreham, Ipswich, Warrington, Camberley, Bristol and Sheffield today, which coincides with non-essential shops reopening.

Outdoor 246
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Why Nike is putting used sneakers back on the shelf

Inside Retail

Nike will start collecting and cleaning some of the sneakers that are returned by customers and reselling them at a discount in stores as part of its Nike Refurbished program, which launched on Monday. . Shoes that are returned within a 60-day window will now be inspected by Nike Experts, and if eligible for resale through the Refurbished program, they’ll be cleaned by hand and given a condition grade before they land back in-store at a reduced price. .

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Swarovski Opens Latest ‘Instant Wonder’ Store in NYC

Retail TouchPoints

Swarovski will opened its latest “Instant Wonder” store in New York City’s Rockefeller Center on April 17, continuing its rollout of the new concept designed to reflect the brand’s evolved direction and visual identity. The New York location, which joins Insta-worthy locations in Paris and Milan, is part of 28 Instant Wonder stores scheduled to open in key markets across the globe.

Jewelry 299
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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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Knight Rider Rides a GAN: Bringing KITT to Life with AI, NVIDIA Omniverse

Nvidia

Fasten your seatbelts. NVIDIA Research is revving up a new deep learning engine that creates 3D object models from standard 2D images — and can bring iconic cars like the Knight Rider ’s AI-powered KITT to life — in NVIDIA Omniverse. Developed by the NVIDIA AI Research Lab in Toronto, the GANverse3D application inflates flat images into realistic 3D models that can be visualized and controlled in virtual environments.

Planning 145
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Gap Kids pop-up ‘The Little Boutique’ launches in Westfield, White City

Retail Focus

American clothing and accessories retailer Gap have announced the opening of ‘The Little Boutique’, a pop-up GapKids shop located in Westfield, White City. The pop-up will sell clothing and gifts for babies and toddlers (0-5 years), and include many exclusive products not available in other Gap stores. The space will also include a while-you-wait customisation station, where you can add an embroidered name or fun monogram to the items you purchase, making for a truly meaningful gift. 1 of 3.

Boutique 214
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Gelatissimo to launch in the US, expand at home

Inside Retail

Sydney-based gelato brand Gelatissimo is to enter the US market this year – and will accelerate its expansion plan in Australia. The company is targeting opening 20 locations within Australia and overseas this year, with its American debut scheduled for Houston, Texas, in June, followed by several stores in Hawaii. “Global expansion is at the heart of our strategic plan for 2021/22,” said Filipe Barbosa, CEO at Gelatissimo, in a statement.

ATS 264
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Foot Locker to Offer New Payment Options In-Store

Retail TouchPoints

Foot Locker will offer in-store shoppers a more flexible and convenient checkout experience with the deployment of new technology across its 2,000+ U.S. stores. The specialty athletic retailer has partnered with FreedomPay to deploy its Next Level Commerce platform across its domestic store network, giving customers the option to pay via contactless payment methods and digital wallets including PayPal/Venmo. “We are always looking for ways to create a more seamless customer experience,R

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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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EV Technology Goes into Hyperdrive with Mercedes-Benz EQS

Nvidia

Mercedes-Benz is calling on its long heritage of luxury to accelerate electric vehicle technology with the new EQS sedan. The premium automaker lifted the wraps off the long-awaited flagship EV during a digital event today. The focal point of the revolutionary vehicle is the MBUX Hyperscreen , a truly intuitive and personalized AI cockpit, powered by NVIDIA.

Planning 136
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Playful Pangaia pop-up at Selfridges features an ever-changing spectrum of light

Retail Focus

To celebrate the launch of Pangaia at Selfridges, installation specialists Diagon and designer Bevan Roper have unveiled a brand-new retail environment for the material science brand. Housed in the world’s most famous department store, the space will provide an immersive customer experience, as retailers reopen their doors following months in lockdown.

ATS 214
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Korean fashion house ADLV lands in Australia this May

Inside Retail

Korean clothing brand Acmé de la Vie (ADLV) is launching its first brick and mortar store in Australia this May at QV Melbourne, ahead of a local online store. ADLV co-founders Jinmo and Jaemo Goo launched the streetwear business in 2017, and opened its first store in Korea’s Gangnam district. Since then, the brand has launched more than 50 stores in Asia and collaborated with Disney, Pink Fong, Kakaotalk and The Simpsons.

Fashion 262
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Lamps Plus Promotes COO to President

Retail TouchPoints

Lamps Plus has promoted COO Clark Linstone to the role of President, effective immediately. In his new position, Linstone will maintain the responsibilities of COO while overseeing all business operations, stores and distribution center operations. He will continue to report to Founder and CEO Dennis Swanson. Linstone has been with Lamps Plus for more than 30 years.

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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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You Put a Spell on Me: GFN Thursdays Are Rewarding, 15 New Games Added This Week

Nvidia

This GFN Thursday — when GeForce NOW members can learn what new games and updates are streaming from the cloud — we’re adding 15 games to the service, with new content, including NVIDIA RTX and DLSS in a number of games. Plus, we have a GeForce NOW Reward for Spellbreak from our friends at Proletariat. Rewards Are Rewarding. One of the benefits of being a GeForce NOW member is gaining access to exclusive rewards.

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Anya Hindmarch to launch destination for experiences, collaborations and exhibitions

Retail Focus

The Village, launching on Monday, 17 th May 2021, is the realisation of a long-held dream by Anya Hindmarch, one of Britain’s most successful designers. The Village will be a collection of five neighbouring Anya Hindmarch stores located just off Cadogan’s Sloane Street, which is the original home of the Brand. It will be the destination for Brand experiences, collaborations and exhibitions, all of which will be amplified digitally.

Location 214
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“Talent knows no limits”: LVMH on hiring people with disability

Inside Retail

With one billion people, or 15 per cent of the world’s population, having some form of disability, according to data from The World Bank, hiring workers with additional needs makes sense for businesses and helps boost economic growth. For multinational beauty retailer Sephora, which recently announced that it is increasing the number of people with disability (PWD) in its workforce to 30 per cent, it’s essential.

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NRF: Retail Sales Rose 17.7% YoY in March as Recovery Accelerated

Retail TouchPoints

As COVID-19 vaccine rollouts continued and government checks generated more spending power, retail sales rose 17.7% YoY and 7.4% from February 2021 in March 2021 according to data from the National Retail Federation (NRF). The Census Bureau’s outlook was even rosier, with estimates putting monthly retail sales 27.7% higher YoY and 6.7% over the previous month.

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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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Convenience retailers need to improve their use of data

Talking Retail

The convenience sector needs to improve its use of data in order to compete with Amazon, which could be the 6th largest supermarket if current shoppers swapped just one grocery shop per month, new research indicates. The TWC Trends Spring 2021 Report, from intelligence and technology consultancy TWC, highlights that the online delivery trend is. This story continues at Convenience retailers need to improve their use of data.

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All-in-one fresh foods market, catering and event location BRIDGE opens in Zurich

Retail Focus

Interstore | Schweitzer has created and implemented the new 2000 m² BRIDGE market Flexstore concept in Zurich for the largest Swiss retail company, Migros. BRIDGE market has been conceived as the connector between a diverse fresh food market, creative catering with products from local partners and a wide range of events. Located in a strategic hub easily reached by train, BRIDGE attracts both travellers as well as local foodies wanting to make sustainable purchases at the new food Mecca & di

Location 205
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Using the ‘quantified customer’ to encourage repeat buying

Inside Retail

Most retailers worth their salt know that the way to convert a potential sale into a done deal is through data. Knowing where the customer is, and properly marketing a product or service to them when they are scrolling through Facebook or Instagram, for example, can be a strong way to encourage shoppers to buy. It’s what comes after the sale that seems to trip a lot of brands up.

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Target, Walmart Make Investments to Enhance Last Mile Delivery

Retail TouchPoints

Both Target and Walmart have announced new investments in last mile delivery technologies, highlighting the growing importance of fulfillment in the post-COVID environment. Target is testing out a new localized delivery system via a pair-up of its new sortation center in Minnesota and its Shipt delivery service that it hopes will speed up delivery times.

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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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Cisco encourages girls to consider a career in STEM for International Girls in ICT Day

Cisco Retail

Together with its employees, Cisco recognizes International Girls in ICT Day, held on April 22, 2021, with the aim of inspiring girls and women to consider studying science, technology, engineering, and math (STEM); and consider a career in technology at this critical time. Global figures show a startling economic disparity ; with women losing jobs at almost twice the rate of men and leaving 47 million more women and girls below the poverty line.

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Ribble Cycles launches state of the art flagship showroom

Retail Focus

Ribble, a digital first business and renowned bicycle manufacturer has opened a brand new destinational flagship showroom in the heart of the Ribble valley, Lancashire. The 2,000sq ft state of the art showroom has been designed to showcase Ribble’s complete award-winning and critically acclaimed bicycle range and provides a brand new bicycle retail proposition blending digital with the physical to create a unique, totally immersive and all-sensory consumer experience. .

Consumer 204
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Impossible Foods is coming: Behind the US juggernaut’s Australian launch

Inside Retail

Impossible Foods, the US business famed for its plant-based alternative now at Burger King in the States, has been reported to go public within the next 12 months. Sources familiar with the matter informed Reuters that Impossible Foods Inc is exploring an initial public offering (IPO) which could value the business at around $10 billion, highlighting the growing demand for plant-based meat products globally.

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Latana Uses Machine Learning to Help Retailers Track Their Marketing’s Impact

Retail TouchPoints

Latana offers AI-powered brand tracking designed to help retailers make better marketing decisions with scalable insights. The solution provider’s machine learning technology can accurately track retailers’ brands to provides deep audience segmentation. One area Latana’s dashboard can track is sustainability, which can help retailers manage consumer sentiment regarding their efforts in this area.

Consumer 279
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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