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Kibo Sells Personalization Platform to Centre Lane Partners

Retail TouchPoints

The transaction aims to help Kibo pursue a horizontal growth strategy in verticals outside of retail, including financial services, travel and hospitality and telecommunications, as well as to further expand its global footprint. It also will enable Kibo to focus its investments on its core ecommerce and order management products.

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Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

Expect the need for a crypto manager. 10 years ago, not many business owners expected to have to manage their social media profiles, yet here we are. Social Media Manager is now one of the highest-paid marketing roles , as these professionals must understand how to engage modern audiences online.

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Optus backpays over $7.8 million to underpaid employees

Inside Retail

Optus hired these employees as retail consultants and store managers around Australia between January 2014 and March 2020. In April 2021, the telecommunications company self-reported the underpayments to the Fair Work Ombudsman following an internal review. The backpayment includes more than $5.4 million in superannuation and interest.

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Ron Johnson’s Enjoy Technology Files for Bankruptcy, Set to be Sold

Retail TouchPoints

The idea was to bring the store experience to consumers’ homes via a technology-powered “mobile store” operation, with an initial focus on telecommunications and consumer electronics ( AT&T and Apple are partners in the U.S.). Johnson co-founded Enjoy in 2014 after leaving JCPenney and currently serves as its CEO.

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Woolworths says MyDeal data breach impacted 2.2 million customers

Inside Retail

The company said in a stock exchange filing that a compromised user credential was used to gain unauthorised access to MyDeal’s customer relationship management system. Woolworths has reported a data breach impacting 2.2 million users of its MyDeal subsidiary. The company is now contacting impacted users by email.

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Strategies for Retailers to Weather the Storm this Hurricane Season

Retail TouchPoints

A disaster avoidance strategy that incorporates integrated power management technology should serve as retailers’ first line of defense against outages stemming from hurricanes and other disasters. Ed Spears is a Technical Marketing Manager in Eaton ’s Critical Power & Digital Infrastructure Division in Raleigh, N.C.

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Outgoing Myer CEO John King on why Black Friday might overtake Christmas

Inside Retail

This year’s AGM occurred at a time of significant management change at Myer, as King, JoAnne Stephenson, who is chairperson of the board, and Nigel Chadwick, the retailer’s CFO, are all scheduled to depart their roles in the coming months. Rather, she said that it encouraged employees to stay well-informed on the matter.