Friday, January 30, 2015

Forever 21 Predicts Customer Demand

Leveraging advanced optimization technology from Oracle, popular fashion retailer Forever 21 is using Oracle Retail Merchandise Planning and Optimization solutions to help predict demand and align assortments to meet customer expectations.



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Wednesday, January 28, 2015

Coles buyout no disaster for Wesfarmers

It seems Wesfarmers' Coles buyout was not such a disaster for shareholders as first thought.






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Half of America's malls predicted to close by 2030

The obituaries are being written for America's shopping malls, as a new generation changes its shopping and driving habits.






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JCPenney to Rollout Hallmark Mini-Stores

Following months of discussions and a 15-store pilot program, JCPenney and Hallmark have decided to forge forward with their relationship, placing hundreds of Hallmark mini-stores in JCP locations across the country.



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Top Retailers Closing Doors in 2015

The last several years haven't been particularly kind to major clothing retailers – many brands that were once well-regarded are now closing stores, or closing up shop all together. Here's a list of the top retailers shuttering stores in 2015.



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5 Companies to Watch in 2015

Companies unable to keep pace with retail's constant change fade into the background while others step up to take their place. Forbes annual look at the most promising U.S. companies highlight those most poised to make a splash this year and beyond.



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Save-the-Sale Is Key to Success for In-Store Mobility at Abercrombie

In-store mobile devices play a key role in the first phase of Abercrombie's omnichannel transformation, which began 20 months ago as part of a larger transformative strategy.



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IT and Security Can Decrease Breach Threats with Collaboration

When developing new retail solutions company loss prevention and security executives must work hand-in-hand from conception to deployment to ensure all data security measures are properly executed.



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Tuesday, January 27, 2015

Seattle Seahawks Score with Mobile POS

To meet the demand of NRF pro shops during home games, the Seattle Seahawks are deploying Honeywell mobile retailing tools and POS to help fans can get team items they want and streamline the checkout process.



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Make Evolution Part of the Company's DNA

To keep their competitive edge razor sharp retailers need to embed a commitment to innovation throughout the organization. At RetailTechCon 2015, Grant Shih, VP IT development & enterprise architecture at Carters will share how his company seamlessly navigates the intersection of retail business and technology.



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Saturday, January 24, 2015

Clienteling Enriches the In-Store Experience

Shoppers today expect retailers to provide them with omnichannel, personalized services based on customer profiles and purchase histories. If a retailer can't meet those expectations, shoppers will take their business elsewhere.



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When the Stores Go Away

The traditional walls around retail are falling down, and with that comes new possibilities. The retailers that offer new and innovative capabilities will be the ones who thrive in the midst of unprecedented disruption.



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Friday, January 23, 2015

Dixons Carphone Goes Live with Real Time Chat

The electrical and telecommunications retailer can connect customers to appropriate helpdesk technology expert instantly.



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Dixon's Carphone Goes Live with Real Time Chat

The electrical and telecommunications retailer can connect customers to appropriate helpdesk technology expert instantly.



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Thursday, January 22, 2015

Authority warns of Perth tailor ripping off customers

Western Australia's consumer protection commissioner has decided to name and shame a Perth tailoring business after dozens of customers complained of not receiving the high-end clothing they had paid for.






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Market CEO Andrew Young seeks focus on economy and regional communities from Queensland election

The CEO of Brisbane's major marketplace for fresh fruit and vegetables wants politicians to put the economy and regional development first this state election.






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Wednesday, January 21, 2015

Consumer confidence edges up, but does not recover December fall

The most widely-watched index of consumer sentiment has edged higher, but pessimists still easily outnumber optimists.






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Stores Bridge Customer Context Gap to Drive Loyalty

Retailers must move beyond customer access to "context power" with relevant and timely messaging. This context helps drive informed shopping decisions, deeper engagement and long-term relationships.



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Top 5 Reasons to Attend RetailTechCon

The must-attend retail event of 2015 is fast approaching. With top-tier retail executives and analysts on the stage and abundant opportunities for peer-to-peer networking, RetailTechCon is not to be missed. See what excitement lies in store for attendees.



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Building a Profitable Omni-channel Customer Experience

Inventory planning and visibility is the starting point of retailers' omni-channel journey. With a focus on customer engagement and customer relationship management, here are four key strategies retailers must focus on.



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Tuesday, January 20, 2015

ACCC encouraged to investigate Tasmanian fuel prices

Tasmania's peak motoring body says the island state is "the perfect place" for a fuel price investigation as it joins calls for the ACCC to investigate the state's petrol prices.






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GUD posts 261pc profit surge; Sunbeam still struggling

Conglomerate GUD, best known for its Sunbeam kitchen appliances, has reported a 261 per cent profit surge.






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Don't Become the Dodo Bird of Retail

Evolve or die: It's the Darwinian mantra for the Earth's flora and fauna, but it's also the mindset retailers must adopt to stay ahead of competitors and remain enticing to consumers. Find out how to evolve with innovation and avoid becoming the Dodo bird.



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Making the Move to EMV: Why Procrastination is the Wrong Strategy

In less than a year banks and merchants who have not upgraded their payment systems to EMV technology could pay a costly price. Here we examine a number of reasons why merchants converting to EMV should not put it off.



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Build-A-Bear Deploys End-to-End Planning and Analytics

Build-A-Bear Workshop will implement TXT Retail Planning to develop a single platform to manage planning processes from end-to-end, including advanced simulation capabilities and analytics.



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Target Canada to Close its Doors

The experiment that was Target Canada has come to an end after just two years – the retailer announced that it will close all 133 of its stores north of the border. See what went wrong.



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Supercharging the Supply Chain

Shopper's need-it-now demands have turned the traditional supply chain model on its head. Come to RetailTechCon 2015 and see Lora Cecere, founder of Supply Chain Insights, explain how retailers can superpower their fulfillment network to create market differentiation.



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Monday, January 19, 2015

Petrol price fall continues for eighth week, more to come

Australian petrol prices fell an average 4 cents per litre last week to the lowest level since May 2009.






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Petrol prices on the rise in SA after weeks of lower costs

Petrol prices could be about to go up for the first time in more than 60 days in South Australia, with some service stations charging more than 10 cents a litre on previous low prices.






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Thursday, January 15, 2015

Best of NRF 2015: Top 10 Takeaways

With everyone now picking up the pieces from this year's NRF Big Show, it's time to sit down and recap the experiences, deployments, sessions, events, and just plain cool stuff that happen. Here are RIS News' top 10 takeaways from the Big Show.



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Gamestop Lets Shoppers Personalize the In-Store Experience

The video game retailer allows customers to choose the content that is displayed both on their personal devices and on the retailer's huge in-store promotional screens.



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The Store as a Fulfillment Hub

As online shoppers continue to clamor for faster delivery times, retailers are increasingly converting their brick-and-mortar presence into mini-fulfillment centers. At RetailTechCon 2015 Jennifer DiMotta, VP, e-commerce at the Sports Authority will discuss how the retailer is leveraging more than 160 stores as fulfillment hubs to support its meteoric online growth.



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Tuesday, January 13, 2015

Half Price Books Deploys POS Solution Chainwide

Half Price Books selected the Vision BeanStore POS system from PCMS for inventory management across its 117 locations.



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Giant global retailers continue to penetrate Australian market

Local retailers are facing stiffer global competition, with 15 per cent of the world's top 250 retailers now operating in Australia.






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Monday, January 12, 2015

Coal seam gas boom, petroleum exploration bust: forecast

A report by analysts IBISWorld forecasts a boom year for coal seam gas, but downturn for petroleum exploration.






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Saturday, January 10, 2015

Putting Partnership in POS: Why It Matters

If you want tools to help you exceed the expectations of your shoppers, then you need technology partners who are able to help you evolve and grow. Here are five items to look for in a partner.



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Friday, January 9, 2015

Retail sales post modest rise in November

Retail trade rose 0.1 per cent in November, with a rise in grocery, food and takeaway sales driving the modest gain.






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Syncing Inventory Between Online Channels

The integration of Stitch Labs and Magento adds new sales channels and enables retailers and wholesalers more selling opportunities.



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Thursday, January 8, 2015

Local market follows Wall Street into black

The Australian share market follows Wall Street into the black, but does not match the US gains of 1.2 per cent.






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The Power of Community in Online Merchandising

Online merchandising can make or break a retailer's success. Discover five ways retailers can leverage social properties to improve online merchandising success.



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Coach Acquires Stuart Weitzman for $574M

Designer fashion company Coach will acquire luxury footwear company Stuart Weitzman in a deal valued at $574 million. This move will help Coach to expand its offerings and better compete with rivals.



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Wednesday, January 7, 2015

Why do petrol prices fluctuate from city to city, day to day?

Falling petrol prices around the country have motorists lining up at the bowser, but the savings vary depending on where you fill up.






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Service sector slide eases in December

The services sector declined at a slower pace last month, although sales continued to deteriorate.






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Customer Experience Is Key in 2015

As the calendar turns to 2015 retailers are concentrated on enhancing the customer experience by expanding store technology, improving assortments and offering unified commerce experience.



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Amazon Boasts Record Growth in 2014

It's been a record-setting year for selling on Amazon, with strong growth from sellers across global marketplaces. In 2014, the retailer saw a 65% increase in Fulfillment by Amazon and customer service worldwide.



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Top 10 Most Read Stories of 2014

The New Year is upon us and brings along a well-deserved breather for retailers just completing the holiday rush. It is the perfect time to speculate on the coming year and reflect on the events of the past 12 months. See which trends shaped 2014 with a look at the most read RIS News articles of the past year.



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Tuesday, January 6, 2015

Petrol drops below $1 a litre in Sydney

Good news for motorists, as petrol drops to below $1 a litre in some parts of Sydney - and it may go even further.






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Top 6 Retail Trends to Watch in 2015

2014 was an exciting year in retail. Consumers are back, new technologies are blossoming, and omnichannel content curation is a top priority. Here are the Top 5 areas to watch in 2015.



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Digitizing the Enterprise

E-Plus Gruppe migrates its organization into an app to streamline and simplify processes



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Choreographed Chaos: Ahold USA's Moonlit POS Overhaul

The grocery giant ripped and replaced the front end of 768 stores under the cover of darkness.



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Protecting the Local Market

Weis Markets extends asset protection technology throughout all areas of operations



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Monday, January 5, 2015

2015 Outlook: The Customer Experience is Key

As we look to 2015, rather than speculate what top retailers will focus on, Boston Retail Partners asked them about their priorities in a series of surveys over the past year.



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