Retail Focus

SEPTEMBER 3, 2021

Courier services and are some of the most important services in the contemporary era. Granted, throughout the ages these businesses have helped to build empires, transporting raw materials and goods all across the world. Now, the courier industry has set itself up as a highly competitive and profitable one, if you know what you’re doing. If you’re interested in starting your own business, then you’ll need to understand that due to the aforementioned competitive nature of this industry, it can be

Planning 130

Planning Accounting Management ATS 130

Retail Dive

AUGUST 30, 2021

Burlington, Ross and TJX are usually isolated from macro headwinds, but are dealing with rising freight costs, supply chain issues and unknowns.

126

126

Talking Retail

SEPTEMBER 1, 2021

Southern Co-op is installing motor-racing technology to help cut the loss of cold air from the fridges in its stores, reducing greenhouse gas emissions. The regional co-operative is putting the technology in 96 stores and using it to reduce cold air being lost into the aisles. The technology, developed by motor racing engineer Wirth Research, This story continues at Formula 1 engineering helps improve convenience store fridges.

ATS 132

ATS 132

Retail TouchPoints

SEPTEMBER 1, 2021

Workwear brand Carhartt is recognizing the importance and value of labor by teaming up with heavy metal band Metallica’s All Within My Hands foundation, with the goal of training a new generation of skilled workers. Carhartt will donate all online sales on Labor Day 2021 to the foundation’s Metallica Scholars workforce education program, which connects students to hands-on learning and provides support to 23 schools via the American Association of Community Colleges.

Marketing 326

Marketing ATS 326

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Customer Experience

Inside Retail

AUGUST 30, 2021

Harvey Norman has delivered another strong year in spite of the Covid-19 crisis, with total revenue up 15.3 per cent to $9.49 billion, and profit after tax up 75 per cent to $841.4 million. Earnings at the furniture and homewares business also spiked during the year, growing 54 per cent to $1.45 billion, with Harvey Norman’s Board recommending a payout of a fully-franked dividend of 15 cents per share.

Shopping 305

Shopping ATS 305

Retail Focus

SEPTEMBER 3, 2021

Arc’teryx Equipment, the global design company specialising in technical high-performance apparel and equipment, continues its retail expansion in Europe with a new London store. The new Arc’type store in Covent Garden Long Acre will feature a rebranded micro-store concept, centred around 22 of the brand’s most renowned designs. The latest store, which opened on September 1, joins six other Arc’teryx Arc’type stores globally alongside the Arc’teryx brand store in London, Piccadilly Circus.

Outdoor 275

Outdoor Apparel Fashion Location 275

Retail TouchPoints

AUGUST 30, 2021

Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. The spring and early summer was an optimistic time for many consumers who finally emerged from lockdowns looking to refresh their wardrobes and find items suited for smaller local outings during the warmer months. While there were success stories across the industry, three retailers stood out with strong, expectation-topping results: It’s no surprise that Target had another strong quarter, but

Consumer 326

Consumer Fulfillment Department Stores Sporting Goods 326

Inside Retail

AUGUST 30, 2021

Mail and logistics firm Australia Post delivered record revenue in FY21 driven by increase e-commerce growth in the retail sector, hitting $8.27 billion. The group’s profit before tax spiked 87.7 per cent to $100.7 million after a disappointing result in FY20, while AP Global, Australia Post’s cross-border e-commerce business, saw revenue increase 90.6 per cent to $429 million.

Shipping 264

Shipping Consumer Shopping 264

Retail Wire

SEPTEMBER 1, 2021

The country’s biggest private employer plans to add 20,000 supply chain workers to its ranks as it gears up for the 2021 holiday shopping season. Walmart will fill a variety of positions, both full- and part-time, to handle everything from order picking to freight loading.

Planning 245

Planning Shopping 245

Intelligence Node

AUGUST 31, 2021

The Fight for Customer’s Attention has Intensified The COVID-19 pandemic has changed the face of retail forever. eCommerce quickly took the center stage as more brands and retailers were coaxed to move their businesses online or take the omni-channel route. The number of online stores grew rapidly and with that the competition to get in […]. The post 5 Best Practices to Improve Your Digital Shelf Performance appeared first on Blog.

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196

Speaker: Amanda Adams, Fractional CFO, CPA

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Accounting

Retail TouchPoints

AUGUST 31, 2021

Zebra Technologies will acquire antuit.ai , a provider of AI-powered Software-as-a-Service (SaaS) solutions designed to assist with forecasting and merchandising in the retail and CPG industries. Antuit.ai will serve as the planning and demand forecasting module within Zebra’s retail software portfolio. Antuit.ai aims to help users ensure they have the right product in the right place, at the right time, at the right price, based on the current state of the supply chain, store inventory and cons

Promotions 310

Promotions Planning Consumer Management 310

Inside Retail

SEPTEMBER 2, 2021

Cornerstone stakes in two super-regional Australian shopping centres have gone up for sale in the first such investor opportunity in two years. Dexus Wholesale Property Fund is offering a 20-per-cent interest in Gold Coast’s Pacific Fair Shopping Centre and a 25-per-cent stake in Sydney’s Macquarie Centre. The stakes were held by the AMP Capital Diversified Property Fund before its recent merger with Dexus Wholesale Property Fund.

Shopping 264

Shopping Wholesale Marketing Location 264

Retail Wire

AUGUST 30, 2021

Amazon has cut a deal with buy now-pay later provider Affirm that will give shoppers the option to pay for some larger-priced purchases on a monthly installment plan, making it easier to make purchasing decisions on $50+ items, such as furniture, home goods, electronics and fashion. Presently, the service is being trialed with select customers and is not intended for certain product categories, such as groceries or digital services.

Fashion 189

Fashion Planning 189

Retail Focus

SEPTEMBER 3, 2021

Landsec has announced that premium beauty retailer, Space NK, will be relocating from its current Leeds location in Victoria Quarter to Trinity. The new Space NK Trinity location, opposite Pandora on the lower ground, covers approximately 1,700 sq ft, nearly double the size of the brand’s existing Leeds store. It is set to launch in September, with all current beauty advisors moving over to the Trinity location.

Location 162

Location ATS 162

Advertiser: Experience Retail Today

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Fashion

Retail TouchPoints

SEPTEMBER 1, 2021

Avery Dennison has signed an agreement to acquire Vestcom , a privately held pricing and branded labeling solution provider, for $1.45 billion in a cash transaction subject to certain closing and post-closing adjustments. Vestcom uses data management capabilities to synthesize and streamline store-level data and deliver item-specific, price-integrated messaging at the shopper’s point of decision.

Management 312

Management Marketing ATS 312

Inside Retail

SEPTEMBER 1, 2021

Australia Post has temporarily paused parcel collections from e-commerce retailers throughout New South Wales, Victoria and the Australian Capital Territory due to the worsening Covid-19 outbreak. The logistics business said it had 500 staff members in necessary self-isolation which placed an increased level of pressure on its already stretched resources and that, in order to help manage already record levels of demand, it would need to shut off the service between Saturday 4 and Tuesday 7 Septe

Management 264

Management ATS 264

Retail Wire

SEPTEMBER 1, 2021

In an email sent to employees of Google parent company Alphabet, CEO Sundar Pichai told workers to expect to return to their offices no sooner than Jan. 10th and possibly later, depending on the local state of COVID-19 infections. Just last month, Google pushed the return date back from September of this year to October.

Returns 189

Returns 189

Retail Focus

SEPTEMBER 3, 2021

Grosvenor Britain & Ireland has announced the opening of a new upsized Hamleys store at Liverpool ONE, following a recent interactive LEGO ‘Pop & Play’ event. Both launches form part of the destination’s ongoing programme of unique, family-friendly experiences. Following a successful year of trading, Hamleys has recommitted to Liverpool ONE with a more expansive store at 35 South John Street.

Location 162

Location Management ATS 162

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 TouchPoints

SEPTEMBER 3, 2021

In every organization, marketing plays an important role in defining, socializing and managing the customer experience (CX). However, the relationship between the customer experience and the marketing teams is often disconnected. This disconnect can be particularly harmful, as Forrester’s research shows that today’s consumers do not differentiate between the brand experience and the customer experience.

Marketing 301

Marketing Customer Experience Visual Merchandising Advertising 301

Inside Retail

SEPTEMBER 2, 2021

Home furniture giant Ikea is set to roll out its first virtual festival, hosting performances and experiences across the world. The event, starting on September 16, will see the participation of artists, designers, DJ’s, chefs and other talents, who will turn their homes into stages for performance. Ikea Festival will take place in more than 100 homes across more than 50 countries, and is open to everyone. “This is a new kind of experience Ikea wants to offer, celebrating, connecting and e

Marketing 252

Marketing ATS 252

Retail Wire

SEPTEMBER 3, 2021

Southern Mississippi supermarket chains have been experiencing the same sort of supply chain disruptions as others around the country in recent months, and now the impact of Hurricane Ida has cleared many shelves of goods. Much of the demand is coming from Louisiana residents crossing the border in search of supplies. “We’ve been very busy since Friday morning with the influx of people coming from Louisiana,” said Chuck Clark, manager of Rouse, Diamondhead, Miss.

Supermarket 130

Supermarket Management 130

Retail Focus

SEPTEMBER 3, 2021

Covent Garden has unveiled its latest art commission by British artist Chila Burman who has taken over the historic Market Building with an immersive large scale light installation. In a bold celebration of London’s cultural heartland, Burman has transformed the South Hall and the Piazza into a giant neon wonderland filled with vast brightly coloured light sculptures and uplifting messages.

Marketing 162

Marketing ATS 162

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Customer Experience

Retail TouchPoints

SEPTEMBER 2, 2021

A retailX panel of social media and influencer experts had a candid conversation about how influencers are driving the maturity of social commerce, which is expected to reach $36.09 billion in the U.S. this year — a 35% increase over 2020 — according to Insider Intelligence. The speakers represented all facets of the “influencer marketing machine,” from strategy firms and agencies to brand executives and independent content creators.

Social Commerce 295

Social Commerce Accounting Marketing Planning 295

Inside Retail

SEPTEMBER 1, 2021

What’s the connection between the Covid vaccine rollout in the US and Europe and increased container costs and shipping delays for retailers in Australia? It’s all a matter of supply and demand. Stores are back open and people are shopping again in the US, UK, France, Germany and other European countries that have fully vaccinated over half of their populations, which is straining global supply chains that are still badly impacted by Covid-19.

Shipping 246

Shipping Consumer ATS Management 246

Retail Wire

SEPTEMBER 3, 2021

Deckers-owned Hoka will tread into the physical store realm for the first time with two initial locations — on 5th Avenue in New York’s Flatiron neighborhood and on Melrose Avenue in West Hollywood. The stores will offer 3D foot scanning to provide the best fit and lockers so customers can change and take a test run in the shoes known for optimal cushioning.

Location 130

Location Consumer 130

Retail Focus

SEPTEMBER 3, 2021

OROTON has announced the launch of a new pop-up at London department store, Selfridges. The space is an immersion of the Australian brand’s latest spring-summer collection, the optimist – a concise line-up charged with new energy and vibrance, incorporating painterly colours and a sense of free spirit. “I am so thrilled to be launching OROTON at Selfridges this month,” says Creative Director Sophie Holt.

ATS 162

ATS Department Stores Fashion 162

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Retail TouchPoints

AUGUST 30, 2021

Amazon will let shoppers split purchases of $50 or more into multiple monthly payments through a partnership with Affirm. The flexible payment service is currently being tested with a select group but the retail giant plans to roll it out to more customers in the coming months. Amazon’s entrance into buy now, pay later (BNPL) is further proof of this payment method’s growing importance.

Payment Services 288

Payment Services Accounting Consumer Planning 288

Inside Retail

SEPTEMBER 2, 2021

China’s Alibaba Group will invest 100 billion yuan ($15.5 billion) by 2025 in support of “common prosperity”, it said, becoming the latest corporate giant to pledge support for the initiative driven by President Xi Jinping. Beijing has been encouraging companies to share wealth as part of the effort to ease inequality in the world’s second-largest economy.

Supermarket 246

Supermarket Consumer 246

Retail Wire

SEPTEMBER 3, 2021

Walmart will hike wages by $1 per hour for over a half million of its 1.2 million store associates, effectively raising the average hourly wage for Walmart’s U.S. store associates is $16.40. “Effective Sept. 25, associates in the Frontend, Food & Consumable and General Merchandise work groups will receive at least a $1 an hour raise. … It’s our third wage investment in store associates over the past year,” U.S.

Consumer 130

Consumer ATS 130

Retail Focus

SEPTEMBER 2, 2021

Armourcoat Ltd a decorative surface finishes specialist based in Sevenoaks, Kent have announced the publication of their new set of Environmental Product Declarations (EPDs) providing Architects and Specifiers transparent, verified and comparable information about the environmental impact of their products. Armourcoat recognise that Architects and specifiers are under huge pressure to ‘specify green’ and their biggest challenge is to compare the impacts of different materials and products in ord

Planning 162

Planning ATS 162

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