Fri.Dec 09, 2022

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How retailers can avoid overselling and thrive this holiday season

Inside Retail

Remember the early days of the pandemic? When locked down consumers were buying everything from loungewear to air fryers and warehouses across the world were being cleared as supply chain disruption hit hard. Today couldn’t be more different. Retailers are suffering from ‘inventory bloat’ or too much stock. In order to de-risk and become less dependent on global providers and their delivery time frames they bought too much stock they are now struggling to sell.

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What Crypto Means for Retail and E-Commerce

Retail Focus

There has been a steady rise in e-commerce and online retail sales. The online sales sector has become a major component of modern business and online entrepreneurship. This article looks at how cryptocurrencies are changing online retail and e-commerce. The rise of e-commerce driven by crypto. Both retailers and consumers alike have been driven by the increase in the simplicity in which e-commerce and online retailing can be engaged in.

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“The competitive days are over”: Lexus hints at open-source design future

Design Week

The history of automotive design is siloed and secretive with collaboration reserved for special partnerships, but when it comes to sustainability, even with combustion engines being phased out for electric and hydrogen power, progress is not quick enough. With car manufacturers owning so much proprietary information and IP, Lexus (which is owned by Toyota) is proposing that making research and.

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YOOBIC Communities Give Retailers a Secret Weapon to Combat Employee Turnover

Retail Focus

YOOBIC , the innovator of the all-in-one Frontline Employee Experience Platform, today announced the launch of YOOBIC Communities, a powerful expansion of the YOOBIC app designed to enable companies with frontline workers to drive engagement and give employees a shared space to build collaboration, camaraderie, and a sense of common purpose. The feature launch cements YOOBIC’s place as the premiere Frontline Employee Experience Platform (FEXP) for today’s most demanding distributed enterprises

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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Self-checkouts are a less morally troubling target for shoplifters

Talking Retail

Shoplifting is increasing worldwide, according to retail artificial intelligence specialist Scanwatch. The technology company added that self-checkouts are being particularly targeted, including by first-time shoplifters who have no criminal background. Scanwatch said UK retailers had reported an 18% rise in theft in the second half of this year, while US National Retail Federation figures indicate.

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Festivalisation: Putting a Spin on Traditional Trade Shows

Trade Show Booth Companies - Trade Group

The word festival comes from the Latin festa , which translates directly into the English word feast. The original purpose of a feast was to commemorate a religious holiday (or holy day), which is a day set apart. We still celebrate holidays with special dinners, take Thanksgiving as an example. Of course, as time went on, festivals expanded their meaning to include events celebrating communities that revolve around any topic imaginable.

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Lids Hat Drop Debuts in Queens

VMS

Sports retailer Lids (Indianapolis) has unveiled a new retail concept, Lids Hat Drop, in Queens, New York. The store at 168-05 Jamaica Ave., is a bricks-and-mortar iteration of the brand’s LidsHatDrop.com platform that launched earlier this year. Like its online counterpart, the Lids Hat Drop concept will offer exclusive and limited-edition releases, including notable athlete and celebrity collaborations that pay tribute to the Jamaica, Queens neighborhood.

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6 Reasons Your Retail Business Needs A CFO 

RetailMinded

A chief financial officer, also known as a CFO, is a senior-level executive who leads the finance department of an organization. The CFO is responsible for a company’s financial health and oversees several areas related to its finances. . In addition to ensuring that a business has sufficient funds to operate, the CFO monitors planning, budgeting, and forecasting.

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Condado Tacos Charts 100 New Restaurants by 2026

VMS

Condado Tacos (Columbus, Ohio) is eyeing new markets as it looks to more than double its footprint over the next five years. The regional chain announced a plan to open 90 to 100 new restaurants by 2026, with 12 of those locations scheduled to open next year. The new markets the brand will enter in 2023 include St. Louis; Louisville, Ky.; Knoxville, Tenn.; Greenville, S.C.; and Birmingham, Ala.

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Campaigners condemn delay in bans on ‘junk food’ advertising

Talking Retail

Health professionals have condemned the government’s decision to delay a pre-9pm ban on ‘junk food’ advertising on television and online. The government has said that instead of introducing the ban in 2023/24 it now plans to delay it until 2025. Katharine Jenner, director of the Obesity Health Alliance, said: “Delaying junk food advertising restrictions is a.

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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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Showfields’ Fifth Store Opens in Washington, D.C.

VMS

Showfields (New York), which describes itself as a lifestyle discovery store, has opened an outlet in Washington, D.C. Its latest locale is in a former menswear store at 3077 M Street NW in Georgetown. That space’s previous tenant was Brooks Brothers, and Showfields said its in-house design team re-envisioned it to create a colorful and engaging space while keeping the essence of the original design. “This store is a great example of how we approach the future of retail – we can take a her

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Parfetts honours its best Go Local retailers

Talking Retail

Wholesaler Parfetts last night (8 December) held is annual awards ceremony to recognise the best retailers in its Go Local symbol group. The winners at the event, which was held at the Kimpton Clocktower hotel in Manchester, included Kajan Thayalan and Gopithas Gnanasekaran of Go Local Extra in Manchester, who won newcomers of the year. This story continues at Parfetts honours its best Go Local retailers.

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Christy Sports Announces Rebranded Colorado Store

VMS

(PRESS RELEASE) LAKEWOOD, CO — Christy Sports, the premier outdoor retailer helping people #stepoutside, today announces the opening of its newly remodeled and rebranded location in Crested Butte, Colorado. The recently updated store, previously known as Flatiron Sports, is now Christy Sports Treasury Center and marks the second Christy Sports base area location at Mt.

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Nisa adds burger and fries deal to boost World Cup business

Talking Retail

Nisa is running a burger and fries meal deal as the football World Cup continues. The Co-op quarter pounder beef burgers (four-pack) and Co-op French fries big deal is available in participating stores for £4. The burger and fries offer is the second special deal of the tournament, the first being two Co-op pizzas and. This story continues at Nisa adds burger and fries deal to boost World Cup business.

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Forrester Report: Demystifying The Technical Functions of POS Solutions

Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.

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Yinka Ilori pop-up store

Retail Design Blog

The London pop-up shop integrates community cultivation in its design, activations, and purpose, demonstrating how local retail outposts can benefit.

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Convenience food-to-go sales rise in complex consumer market

Talking Retail

Convenience stores food-to-go sales were up 7% in the 12 weeks to 31 October compared with the previous 12 weeks, according to figures just released by MealTrak. Forecourt food-to-go figures were up slightly more, by 9%, although sales from multiples were the stand-out success, with a 24% increase. The stiffest competition from eating out venues. This story continues at Convenience food-to-go sales rise in complex consumer market.

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Glenigan Offices by Axis House

Retail Design Blog

Axis House‘s innovative office design for UK construction-lead specialists, Glenigan, is a perfect example of how to downsize your commercial.

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Nearly half will watch World Cup quarter final at home, says survey

Talking Retail

Far more people will watch England’s World Cup quarter final at home than at the pub, according to latest figures. The analysis, which is good news for convenience store sales, was carried out by Vypr, the research and intelligence company, which said 47% of respondents in its survey said they would watch the match in. This story continues at Nearly half will watch World Cup quarter final at home, says survey.

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

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Ginza Ecological Map by Hakuten Corporation

Retail Design Blog

The COVID-19 pandemic has provided us with more opportunities to deeply reflect upon the global environment and human-nature relationship. As.

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Rapid delivery firm Getir buys rival Gorillas

Talking Retail

The aggressively expanding Getir, a pioneer of ultra-fast grocery delivery, has acquired Berlin based on-demand delivery company Gorillas. The move underscores Getir’s growth ambitions and follows its acquisition of rival Weezy last year and its tie-up with Just Eat last month. Getir was founded in 2015 and operates in nine countries across three continents.

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LOEWE shop-in-shop

Retail Design Blog

As one of London‘s leading department stores, luxury brands go the extra yard to gain access to Selfridges and make.

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One Stop donates a million food bank meals in a year

Talking Retail

One Stop, the Tesco-owned convenience chain, said today it has donated the equivalent of a million food bank meals since last year. One Stop has worked with several organisations that combat food poverty, including Fareshare, Olio and Too Good to Go. Fareshare works by providing donated food to the vulnerable with One Stop among those. This story continues at One Stop donates a million food bank meals in a year.

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The Personalization Playbook: 2024 Strategies

Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.

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Orpheus Gift Box by noon design

Retail Design Blog

Orpheus is a mythical figure of Greek mythology and according to Pindar he is the father of songs.

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