Wed.Oct 13, 2021

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Suppliers: How to get your retail business customers to pay you quicker

Inside Retail

Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products and services they need today while paying at a later date or over a series of instalments. . Today, new fintech innovations are making it possible for businesses to provide payment options and flexibility to their business customers as well.

Flow 355
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World Illustration Awards 2021 winners explore life under lockdown

Design Week

The winners of the World Illustration Awards 2021 include work exploring life under lockdown and Oscar-winning film Minari. The annual awards are run by the Association of Illustrators (AOI) in partnership with the Directory of Illustration. There were 20 category winners overall as well as four cross-category award winners picked from over 5,000 entries.

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Why retail media has become the next big tool in performance marketing

Inside Retail

Retailers are sitting on a golden opportunity to create revenue streams from assets they may not even appreciate they own, let alone recognise their true value. “Right now, we’re seeing a once-in-a-generation shift that is opening the doors to a major new advertising opportunity for retailers and brands,” explains Troy Townsend, co-founder and chief innovation officer at The Pistol , a leader in marketing technologies and services.

Marketing 277
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Newsagents asked to display recruitment posters for newspaper delivery drivers

Talking Retail

Retailers are being recruited to play their part in easing the shortage of delivery drivers by displaying posters in their stores. The NFRN trade body has backed an effort by distributors Smiths News and Menzies to alleviate the shortage of drivers by displaying posters in-store or in another suitable place to attract new drivers. The. This story continues at Newsagents asked to display recruitment posters for newspaper delivery drivers.

Display 105
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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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Adore Beauty’s impressive growth continues through first quarter

Inside Retail

Following a strong FY21 , Adore Beauty has hit the grownd running with revenue growth of 25 per cent throughout the first quarter of FY22. Off the back of a continuing shift online, revenue hit $63.8 million while the beauty and lifestyle marketplace’s active customers grew 24 per cent to approximately 874,000. Chief executive Tennealle O’Shannessy said the influx of new and returning customers was providing a stable foundation for the business’ growth over the next year, with returning customer

Strategy 246
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Advantages and Disadvantages of Domestic and Overseas Manufacturing and Suppliers

Instore Design

The supply chain is having a reality check as ports clog, shipping costs skyrocket, and materials become scarce. This is more than an opportunity for "Made in the USA" to shine, for the United States to remain competitive, it's time to rethink what and how we offshore supplies and manufacturing for retail displays.

Display 98

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Lamitex launches new finishes during second edition of Decors Week

Design Wanted

From the traditional to the daringly bright, Italian brand and laminate specialist Lamitex has launched four new mini-collections as part of this year’s Decors Week. Lamitex has unveiled its latest range of interior finishes to mark the start of their 2nd Decors Week of 2021, an exciting event it launched last year to introduce its most recent collections.

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Retail sector can expect a consumer rebound through November – NAB

Inside Retail

Australian retail spending should get “a good kick along” in October and November, according to the economics group of NAB, releasing the September edition of its Cashless Retail Sales Index. NAB chief economist Alan Oster says the reopening of NSW, soon to be followed by the ACT tomorrow (Friday) and Melbourne in about a fortnight, should boost retail spending after September sales showed a rebound despite lockdowns suppressing the retail industry and, more acutely, hospitality spending.

Consumer 147
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FTC Issues Notice of Penalty Offenses to Over 700 Retailers: Companies Now on “Notice” of Civil Penalty Jeopardy

Hunton Andrews Kurth

Today, the FTC announced it had sent “Notices of Penalty Offense” to over 700 businesses , including top consumer products companies, large retailers, tech platforms, media and gaming companies, and ad agencies, warning them against engaging in deceptive and unfair practices when it comes to using endorsements and testimonials in ads. This move was not quite the typical announcement from the FTC, which often uses its Business Blog and press releases to help educate business about their truth-in-

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Gift-card retailer Prezzee looking to go public

Inside Retail

Digital gift-card provider Prezzee is mulling a float on the Australian Securities Exchange, and is looking at funding options in light of Square Inc’s impending $39 million Afterpay acquisition. Chief executive Tony Karp said that while the business is cash positive, extra funding can be funneled toward accelerating its growth prospects: including growing beyond its current markets of Australia, the US and UK, and upcoming launches in Germany and France.

Gifts 130
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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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The Energy Crunch, in Six Paragraphs

Robinson Meyer

This is an excerpt from The Atlantic ’s climate newsletter, The Weekly Planet. Subscribe today. This is the month that the world’s energy transition got messy. Over the past few weeks, the world has sleepwalked into an energy crunch. The benchmark price of a barrel of crude oil is up more than 25 percent from its August low. In Asia, natural-gas prices are approaching an all-time high.

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Collins Foods snaps up more Dutch KFC stores

Inside Retail

Collins Foods has bought nine KFC restaurants in the Netherlands taking its share of the market’s franchises to more than 50 per cent, or 44 stores in total. The deal follows the listed Australian company’s signing this month of a corporate franchise agreement with Yum! Brands, streamlining the Netherlands’ franchisee structure and giving it access to additional trade zones.

Strategy 130
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Digital and green focus for this year’s Small Business Saturday

Talking Retail

The Small Business Saturday campaign, now in its ninth year in the UK, is to visit 20 towns and cities in its nationwide roadshow in 2021. The campaign will set off from the UN climate change conference (COP26) in Glasgow and tour the country in the build up to the day itself on 4 December. This story continues at Digital and green focus for this year’s Small Business Saturday.

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Woolworths Group appoints new supply chain chief

Inside Retail

Woolworths Group has named Annette Karantoni as chief supply chain officer and MD of its supply-chain arm Primary Connect. Karantoni will remain in her role as Woolworths’ director of B2C e-commerce before starting her new role and joining the group’s executive committee next February. “Karantoni has done an outstanding job rapidly expanding our e-commerce business to meet the surge in demand we’ve seen for online shopping over the past 18 months,” Brad Banducci, CEO of Woolworths.

Shopping 130
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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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Hasbro CEO Brian Goldner Dies

VMS

Hasbro’s long-time CEO Brian Goldner has died, reports CNBC. Goldner passed away just two days after taking immediate medical leave as a result of treatment for recurring cancer. He was 58. Goldner served as CEO since 2008, joining Hasbro in 2000 and assuming the role of chairman of the board in 2015. Rich Stoddart was appointed interim CEO when Goldner announced he would take medical leave.

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7-Eleven releases loungewear range – but there’s a catch

Inside Retail

7-Eleven Australia has unveiled its new #busydoingnothing loungewear range, which is inspired by the working from home time during the Covid-19 pandemic. Featuring a cosy fleece jumper and shorts, 7-Eleven said that the loungewear range is designed to fit all styles from curling up on the couch for Netflix to walking outside for important needs. The 7-Eleven team is offering the exclusive loungewear set on its Instagram from October 12-22, to give Aussies living in VIC and NSW a chance to get th

Gifts 130
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Retailers Temper Consumer Enthusiasm for Holiday Shopping

VMS

With a record holiday season looming ahead, retailers are altering their messaging to set consumer expectations regarding “supply chain challenges,” “longer delivery times” and “lower inventories,” reports Reuters. Last week, Nordstrom (Seattle) send an email to customers warning that “global supply chain challenges” would impact holiday shopping. “”We’re anticipating that the hottest gifts may sell out on our site and that shipping could take longer than we’d all like,” Nordstrom Pr

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How Gregory is tapping into the future of fine jewellery sales

Inside Retail

The heritage of Sydney-based fine jewellery business Gregory Jewellers dates back to the 1940s, when brothers Lahdo and Christopher Gregory, and their uncles Isak and Abraham Gregory, became apprentices to the master jewellers of Midyat, a small Turkish town famed for its silver filigree handicraft. Fast forward 80 years, and the descendants of Lahdo and Christopher, cousins Helen and Edward Gregory, now lead the family business in Australia.

Boutique 130
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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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Elegant Restaurant Design Takes Pink to Another Level

Mindful Design

Dressed in bubblegum pink and royal blue, Dijon restaurant in Almaty, Kazakhstan makes color and visual contrast its winning allies. Designed by Almaty-based architectural group and consultancy Lenz / Architects, this French dining venue brings together elements that are soft and rough, raw and sophisticated, industrial and modern. This unlikely combination makes each detail of […].

Design 84
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For men, online shopping is ‘a lot more functional’, Politix finds

Inside Retail

Politix has been undergoing a slow and steady digital transformation since 2015, when the Melbourne-based menswear retailer first started selling products online. Prior to that, its website was merely a digital catalogue where customers could see the latest products available in-store. That isn’t as strange as it sounds. Male online shoppers, generally speaking, tend to have a “find and seek” mentality.

Shopping 130
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DfT offers grants of up to £100,000 to fund innovative transport projects

Design Week

The Department for Transport (DfT) has launched a funding programme to support innovation across the UK’s transport sector. The Transport Research and Innovation Grant scheme, run in partnership with Connected Places Catapult, will offer funding of up to £100,000 to UK businesses that are running innovative proof-of-concept research projects.

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Eftpos to launch QR-code payments: What does it mean for retailers?

Inside Retail

Eftpos is partnering with banks, big retailers and fintech to allow consumers to pay using QR codes, and while this could be good news for small businesses too, industry groups say “the devil is in the detail”. The eQR payments platform is being rolled out in partnership with Commonwealth Bank and NAB, as well as with fintechs Azupay , Beem It and Merchant Warrior.

Consumer 130
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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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Rochdale store gets 30th birthday makeover

Talking Retail

A family of retailers in Rochdale, Greater Manchester, is celebrating 30 years in business with a facelift for their store. Danny Patel, a Nisa member for the past seven years, is investing in the group’s latest Evolution fascia to improve the store’s kerbside appeal as well as updating it inside. The family, which owns a. This story continues at Rochdale store gets 30th birthday makeover.

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Not so fast! Supply bottlenecks strain fashion chains

Inside Retail

Supply bottlenecks, slower product deliveries and higher freight and labour costs risk shifting the fast fashion industry into the slow lane, as shown this week by British online fashion retailer Asos. A business model that aims to bring new styles into stores every three or so weeks and where shoppers expect to see fresh, reasonably priced merchandise on each visit is discovering its limitations. “When it comes to fast fashion, it’s all about being first to market,” said Gus B

Fashion 130
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Food-to-go remains buoyant despite restaurants reopening, says analyst

Talking Retail

Food-to-go continues to play a vital role in eating outside the home, according to the latest research from Lumina Intelligence. The analyst’s latest figures in its UK Food To Go market report for 2021 show more than a quarter of foodservice purchases (28%) made in the latest quarter were consumed on the go. Katherine Prowse, senior insight. This story continues at Food-to-go remains buoyant despite restaurants reopening, says analyst.

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Ermenegildo Zegna, London

Retail Store Windows

We've always enjoyed the schemes at this brand and just for reference we did capture this scheme a few weeks ago. The team were still implementing it on one of our rounds so we had to wait a few weeks before we were out and about again to capture these. With their Reset, What Makes a Man, retailoring the modern man strap line the brand are absolutely capturing the vibe out there right now.

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How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions? Join us to gain a better understanding of the current retail landscape and learn what you can do to translate personalization strategies into practical implementatio

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Poundland to transform 10 Fultons stores and rollout frozen food to 50 more Poundland stores

Retail Times

Poundland is further stepping up its transformation by converting 10 of its Fultons chilled and frozen food stores into Poundland or PEP&CO formats in time for Christmas.

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ASDA Refill Station – The future of retail sustainability?

Mike Anthony

Retail sustainability is a hot topic in the consumer goods industry. And with packaging being a huge part of the industry’s carbon footprint, it is little surprise that packaging-free or re-usable packaging solutions are being tested around the world. In the UK, Asda has been testing refill stations for a while now. Is this a fad, or a gimmick, or is this the future of supermarket shopping?

Balance 52
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Red Dot Award: Product Design 2022 – the design competition is open for entries until 11 February 2022

Design Wanted

Designers, design offices and manufacturers can once again enter their products and have an international jury assess their design quality. The Red Dot Award: Product Design is entering a new competition year. Entries can be made in one or several of the roughly 50 categories ranging from furniture and kitchen appliances to toys, consumer electronics, medical technology, robots and vehicles.

Design 52
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Shipping costs still cause basket abandonment as cross border sales rise

E Delevry

One in every five ecommerce transactions is likely to be cross-border in the next four years but shoppers will still abandon purchases if shipping costs are too high, according to new BOXpoll data from Pitney Bowes. It showed that demand is highest among buyers located in the US and China, with more than one in ten US consumers buying from UK retailers at least once a month.

Gifts 52
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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.