Wiser
JULY 27, 2021
When you think of a strong brand, what comes to mind? Is it excellent marketing? High-quality products? Pushing the boundaries of what’s feasible within an industry? An innovative pricing strategy ? No matter what you think of first, there are entire teams behind the scenes working to make that brand strong. It’s one of the oldest adages in business: Your brand is your most valuable asset.
Talking Retail
JULY 26, 2021
Retailers suffered a market share decline in food-to-go compared to foodservice operators during the pandemic but should recover strongly, says the Institute of Grocery Distribution (IGD). The IGD expects retailers overall share of the food-to-go market to reduce to 21% in 2021 from 24% in 2019. But this will gradually increase to 23% by 2026. This story continues at Retailers set to recover lost ground in food-to-go, says IGD.
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Retail Focus
JULY 30, 2021
The Levi’s® store in Bromley is the first in a line of branches to have a shift in design and strategy, in collaboration with Lucky Fox , as the brand hits a new direction. The selected stores, which will have a more focused product selection of mainly tees and jeans, have been redesigned to create a more informative and focused shopping experience.
Retail TouchPoints
JULY 30, 2021
The U.S. Centers for Disease Control and Prevention has changed its mask guidance to recommend that all people wear a mask indoors in areas with “substantial and high transmission” of COVID-19. The change is just beginning to trickle down to retailers, with Apple and Walmart among the first to announce that they will require masks in-store. The renewed concerns stem from the highly contagious COVID-19 delta variant and the large number of unvaccinated people in the country.
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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.
Inside Retail
JULY 25, 2021
Melbourne’s Bayside Shopping Centre has become Victoria’s first shopping centre-based vaccination hub, and expects to give easy access to Covid-19 vaccines for 500,000 local residents. “We are pleased to have opened the Frankston Community Vaccination Hub at Bayside Centre, where we are able to provide this important service in a central, easy to access location to our community,” said Peninsula Health executive director of operations Helen Cooper.
Tokinomo
JULY 27, 2021
Brands all over the world are trying to find better ways to engage with their customers. However, most of them make the same mistake: they market their products to a general audience. There is no such thing as a general audience/general market. Your customers are all unique. Yes, they have things in common, and they can even form “ tribes ” to which you can market.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
Retail TouchPoints
JULY 27, 2021
The pandemic’s disruption of the retail industry has driven a lot of change over the past 15 months, from an increase in online shopping to the rapid adoption of omnichannel fulfillment options. And despite U.S. consumers’ tremendous enthusiasm to get back to in-person shopping and experiences, notably with a 44% increase in foot traffic to stores, restaurants and entertainment venues since the start of 2021, that doesn’t mean they are going to leave behind all the omni habits they adopted durin
Inside Retail
JULY 29, 2021
Far from being a historical issue, modern slavery impacts an estimated 40.3 million people globally, including one in every 130 women and girls, according to a recent article published in the journal Energy Research & Social Sciences. Australian jeans brand Outland Denim was founded to bring an end to modern slavery by providing opportunities to people who have experienced or are vulnerable to human trafficking.
Retail Wire
JULY 30, 2021
Wegmans will open its first store in Manhattan on the site of a former Kmart at Astor Place. The 82,000-square-foot store will open in 2023. Wegmans operates one other New York City location at the Brooklyn Navy Yard. That store opened in 2019.
Retail Focus
JULY 28, 2021
Everyone has something to say about Amazon. Yet one thing always rises above the critiques: They’ve been ruthlessly customer focused. If it doesn’t benefit the consumer, they won’t do it. Their latest example is “Just Walk Out,” a suite of technologies that enable shoppers to simply enter a store, gather their items, and simply leave.
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.
Retail TouchPoints
JULY 29, 2021
Remember Toys ‘R’ Us? A toy shop that gave the world Barbie, Mr. Potato Head and other wonderful creations. The toy seller, which at its peak had more than 1,500 stores around the world, was part of the fabric of American childhood for more than half a century. In many countries, it was the go-to store for birthday gifts and special treats — a magical wonderland of toys where, as children, we happily spent hours exploring.
Inside Retail
JULY 29, 2021
Australian mattress retailer Koala has selected South Korea as its second international market, launching into the region this week. The move follows the brand’s recent success in Japan, where consumers are demanding quality international products. “We’ve been [in Japan] for four years and in the last two years, we’ve really seen incredible growth.
Retail Wire
JULY 28, 2021
Walmart announced it will cover 100 percent of its associates’ cost for tuition and text books as part of college degree and certificate program with academic partners including the University of Arizona and Southern New Hampshire University.
Retail Focus
JULY 27, 2021
Harrods is delighted to open the doors to its new Hair and Beauty Salon on the Fifth Floor from the 26 th July 2021. The Knightsbridge store’s new Hair & Beauty Salon offers guests a serene and tranquil beauty space, with unrivalled access to exclusive treatments and ‘must-have’ products from the world’s most innovative beauty brands, all under one roof.
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 TouchPoints
JULY 29, 2021
Qubit has launched Qubit CommerceAI , a tool that leverages AI, deep learning and machine learning to deliver advanced 1:1 personalization techniques. The Qubit CommerceAI models are designed to understand and react instantly to customer context in order to unlock more value from retailers’ entire product catalog. . Qubit CommerceAI combines customer data, including intent, and design tools with the goal of driving conversion rates and customer lifetime value while reducing abandonment.
Inside Retail
JULY 29, 2021
We spoke with LK Group’s Larry Kestelman about his recent acquisition of Brand Collective and what kinds of retail brands he’s looking to acquire next. Inside Retail: What about the Brand Collective business attracted you? Larry Kestelman: When we took over PAS Group, we said straightaway that we’re a growth organisation and we want to grow organically and through mergers and acquisitions, and Brand Collective was a very logical target for us.
Mike Anthony
JULY 28, 2021
If the trade press is anything to go by, you’d imagine that the discounter channel had somehow disappeared over the last twelve months. All the headlines are about e-commerce growth and devastated high streets and traditional retail. True, the discounters have had a quiet pandemic. But does that mean we can forget about them? Far from it! From what I can see, discounters are well positioned to go from strength to strength.
Retail Focus
JULY 30, 2021
The past 18 months have been tough for the Great British high-street, with many retailers forced to close for months on end as the Coronavirus pandemic hit the UK. However, this hasn’t stopped The Fragrance Shop – they have seen exponential online and in-store growth during this period, with business booming. The launch of their brand-new Southport store in July 2021 has seen the company reach the impressive milestone of 200 branded stores across the UK, bringing their overall portfolio to 203 s
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
Retail TouchPoints
JULY 28, 2021
The pandemic has prompted a rethinking of our cities and how we go about our lives. What does the urban shift mean for the future of retail? More specifically, how does the on-demand economy change the retailer’s business model? And, what are the last-mile delivery challenges retailers face? Urban Shift: People and Community. Our world has become increasingly urbanized.
Inside Retail
JULY 29, 2021
When Sheryl Sandberg announced the introduction of sponsored egg freezing at Facebook in 2014, some criticised the move as a ploy to drive women to delay motherhood until it suited the business. But a recent study by Monash University in Australia signals a change in attitudes, with almost half of 656 Victorian women surveyed believing it appropriate to offer egg freezing as an employee benefit.
Retail Wire
JULY 30, 2021
Conor Flynn, CEO of Kimco Realty, said his company’s shopping centers are seeing customer counts on par with numbers prior to the outbreak of the novel coronavirus pandemic. The company, which operates about 400 grocery-anchored shopping centers in the U.S., has seen an increase in its occupancy rates as the domestic economy reopens.
Retail Focus
JULY 29, 2021
The Mercers’ Company has today announced that the UK art gallery group, Clarendon Fine Art, has selected 117 Long Acre, Covent Garden, for its latest unique gallery experience in the capital. . Capturing the gallery’s mission to make art accessible and enjoyable to all, from first-time buyers to established collectors, the 3,500 sq ft Long Acre site joins the brand’s portfolio of over 20 galleries across the UK and is just a few miles down the road from Clarendon Fine Art’s first-ever location
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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.
Retail TouchPoints
JULY 28, 2021
Walmart will make its own technologies across both digital and physical channels available to other retailers. The company’s move includes integrating Walmart’s Marketplace, online and in-store fulfillment and pickup technologies into the Adobe Commerce platform. Retailers will be able to access Walmart’s cloud-based services to reach new customers through Marketplace and offer national two-day shipping through Walmart’s Fulfillment Services.
Inside Retail
JULY 28, 2021
Australian online furniture business Temple & Webster is well on its way to achieving its goal of becoming the biggest furniture retailer — either online or offline — in Australia. The company recently reported a record year of revenue, profit and active customers, thanks to the impact of Covid-19 lockdowns, which not only drove more people to shop online rather than in stores, but also to redecorate their homes.
Retail Wire
JULY 30, 2021
Target announced that it will offer bonuses to eligible full- and part-time associates at its stores as well as staff that support its customer and employee contact centers. “Our team members continue to deliver each and every day for?our?guests?and one another,”?said?Melissa Kremer, Target’s chief human resources officer, in a statement. “Our culture, strategy and success would not be possible without our?
Retail Focus
JULY 30, 2021
In the past year, online shopping has boomed. With customers stuck indoors, many swapped in-store purchases for online splurges, but can it continue? As a result of the pandemic, it’s no secret that some of the world’s biggest retailers saw huge increases in the sales thanks to e-commerce. But which sectors were the biggest winners? Retail sectors that saw a steep increase in online shopping.
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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.
Retail TouchPoints
JULY 27, 2021
Selfridges ’ owners have launched a formal auction to sell the department store chain, which has been valued as high as £4 billion ( $5.5 billion U.S. ), according to Yahoo! News. The potential sale emphasizes the difficult position many department stores find themselves in: Selfridges has taken multiple steps to revive its business, but despite some notable successes it is still facing significant headwinds.
Inside Retail
JULY 28, 2021
Digital shelf, dark store and a fresh food playground – is this the future of supermarkets? Accenture thinks so. The consulting company has developed a new supermarket concept, in partnership with design agency Le Projet Hope, that blends online with offline and old shopping habits with new processes. . Dubbed Openmarket A22, the supermarket concept is designed to be as logistically efficient as an automated e-commerce warehouse, bringing back the sense of discovery to grocery shopping thr
Cisco Retail
JULY 28, 2021
If you’re part of the 82% of enterprises (1) who’ve already adopted a hybrid cloud strategy, you know that cloud adoption comes with challenges. Management complexity, poor user experience, and inconsistent security are among them. Cisco SD-WAN is here to help with scalability, visibility and flexibility. Our cloud networking solution, Cloud OnRamp, allows you to use the same SD-WAN policies and security across both on-prem and cloud environments.
Retail Dive
JULY 26, 2021
In the '80s, Reebok was the top sports brand for a time. Now it's dwarfed by Nike and Adidas. We take a look at the history of the brand, through the lens of the people who were there.
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
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