Tuesday, June 30, 2015

Sears Positions as Connected Home Leader, Opens Solutions Flagship and Expands Nationwide Assortment

The San Bruno, CA flagship is designed to look like a modern home, and allows customers to interact with and purchase the latest in connected home technology. In addition, Sears is expanding its connected solutions assortment nationwide as it aims to become a destination for all things smart home.

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Bargain hunters move in on Australian share market despite Greece default fears

The Australian share market closes higher on the last day of the financial year thanks to bargain hunters, despite fears Greece will default on an IMF payment due Wednesday morning Australian time.



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Kathmandu shares surge on Briscoe takeover move

Struggling outdoor clothing and equipment retail Kathmandu sees its share price surge following the announcement of a planned takeover.



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Kroger Drives Business with Digital Efforts

Want to know what The Kroger Company is doing to bring digital technology to its supermarket business? Here is a look at what's the company has been doing recently. 

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RIS News Named a Must Read Retail Website

The media brand finished in the top 10 in Vend's ranking of the 25 best retail industry websites. See which news organizations joined RIS on the required reading list.

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NIKE's E-Commerce Surpasses $1 Billion

NIKE, Inc.'s e-commerce business is growing, and the company attributes it to being one of the "world's most engaged brands online."

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Ahold, Delhaize $28B Merger Creates Fourth Largest Grocer in U.S.

Ahold has agreed to buy rival Delhaize for $28 billion in what is being billed as a merger of equals. The newly constituted Ahold Delhaize would consist of over 6,500 stores worldwide with annual revenue of over $61 billion.

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Personalized Product Discovery Helps Digital Retail

A new personalized shopping tool may help shoppers save time online. Certona’s Product Finder and Gift Finder technology gives online stores customer service akin to a friendly sales  associate offering recommendations in-store, guiding customers through a series of interactive, visual questions and then customizing product recommendations to each individual. 



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Personalized Product Recommendations Help Digital Retail

A new personalized shopping tool may help shoppers save time online. Certona’s Product Finder and Gift Finder technology gives online stores customer service akin to a friendly sales  associate offering recommendations in-store, guiding customers through a series of interactive, visual questions and then customizing product recommendations to each individual. 



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Personalized Product Recomendations Help Digital Retail

A new personalized shopping tool may help shoppers save time online. Certona’s Product Finder and Gift Finder technology gives online stores customer service akin to a friendly sales  associate offering recommendations in-store, guiding customers through a series of interactive, visual questions and then customizing product recommendations to each individual. 



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Monday, June 29, 2015

Target caught ripping off clothing design from small Melbourne business

Australia's biggest retailer Wesfarmers is caught ripping off the work of a tiny Melbourne design company for a children's clothing range sold at Target.



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Saturday, June 27, 2015

Retailers Save Time and Money with Online Time and Attendance

Managing time and attendance is one of the biggest challenges for any retailer. For this reason, many are turning to online time and attendance, streamlining the payroll process and improving the bottom-line.

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7 Key Product Content Areas Retailers are Investing In

Effective product content is key to not losing ground amidst the changing retail scene and businesses that recognize this need are making gradual investments in enhancing product content. Don't miss these seven key areas to focus on. 

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Friday, June 26, 2015

Asian tourists, low dollar driving Australian luxury retail sector

Demand for luxury products in Australia is steadily increasing due to a depreciating dollar and a spike in Asian tourists, analysts say.



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Launceston retailers join forces to ban shoplifters

Launceston business owners are escalating their campaign to stop shoplifting and anti-social behaviour in the city.



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Vanessa Cahoon launches retail watch program in Launceston



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Thursday, June 25, 2015

Maitland business owners rally against The Levee project

Maitland business owners have rallied this morning to highlight their anger over significant delays to a multi-million dollar CBD redevelopment.



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Wednesday, June 24, 2015

Nicole Miller Makes Instant Mobile Sales a Reality

Shoppers of Nicole Miller fashions able to buy straight from the designer's online store anytime, anywhere with just one touch.

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Who Was the Social Media Mayor at RES?

At last week's Retail Executive Summit, RIS News held its first ever Twitter contest to uncover the most influential Tweeter at the event. After much careful data-driven analysis the winner was announced at the close of the conference, who took the top prize?

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Tuesday, June 23, 2015

CVS Health to Acquire Target's Pharmacy Businesses for Nearly $2B

CVS Health is acquiring Target's more than 1,660 pharmacies across 47 states and will operate them through a store-within-a-store format, branded as CVS/pharmacy.

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Gap Plans to Shutter 175 North American Stores

Gap Inc. will shutter about 175 specialty stores in North America over the next few years and streamline its headquarter workforce, primarily in North America.

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Walmart and Amazon: Only Retailers Named in MIT's 50 Smartest Companies List

Editors of MIT Technology Review recently named the 50 Smartest Companies and only two retailers made the cut: Amazon and Wal-Mart.The companies featured show where important innovations are happening right now, not just familiar names.

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RIS CIO of the Year Winners Unveiled

At the Retail Executive Summit the winners of the fifth annual CIO of the Year awards were announced. See who took home the top honors in four exciting categories designed to honor CIOs on the cutting edge.

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CVS Health to Aquire Target's Pharmacy Businesses for Nearly $2B

CVS Health is acquiring Target's more than 1,660 pharmacies across 47 states and will operate them through a store-within-a-store format, branded as CVS/pharmacy.

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Digital Store Platform Feeds Service-Starved Shoppers

Raising the bar on service is key to deepening customer engagement and loyalty and increasing sales. The digital store platform allows the enterprise to use valuable collective data for creating transformative, personalized interactions that engage customers across every channel and improve business operations and workforce efficiency.

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Who Was the Social Media Mayor at RES?

At last week's Retail Executive Summit, RIS News held its first ever Twitter contest to uncover the most influential Tweeter at the event. After much careful data-driven analysis the winner was announced at the close of the conference, who took the top prize?

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Monday, June 22, 2015

Rockhampton businesses doing it tough says Mayor

The Rockhampton Mayor says the central Queensland city's economy is in decline due to structural reasons.



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Mackay traders to get help with facade facelifts

The Mackay Regional Council in north Queensland is set to expand its 'revitalisation scheme' in this year's budget, by making funding available to business owners in the region.



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Friday, June 19, 2015

Supabarn scales down and sells ACT, NSW stores to Coles

Independent supermarket chain Supabarn announces the sale of several of its Canberra stores to supermarket giant Coles.



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Bundaberg hardware store proponent seeks construction delay

The Bundaberg Regional Council in southern Queensland says developers of the $30 million Masters Home Improvement store have requested an extension to again delay construction.



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Thursday, June 18, 2015

Cash Converters to refund thousands of people for overcharging interest

Thousands of Australians who were charged up to 633 per cent interest on loans from Cash Converters will be eligible for partial refunds after two class action lawsuits are settled out of court.



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Woolworths hit by savage broker downgrades

The upheaval at Woolworths has failed to impress key analysts who have issued a spate of savage downgrades to the company overnight.



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Wednesday, June 17, 2015

Woolworths chief executive Grant O'Brien departs

Woolworths chief executive Grant O'Brien departs after almost three decades with the supermarket giant following the company's poor performance.



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Tuesday, June 16, 2015

Perth's petrol price cycle upset after retailer switches timing of weekly price hike

Perth's petrol price cycle has been overturned after a fuel retailer shifted the timing of its weekly hike, and others followed suit.



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Retailers say job fears stop SA consumers from spending

Retailers in South Australia say the industry is facing tough trading conditions because many people lack job security and are reluctant to spend.



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Top 10 Highest Rated Retail CEOs

The responsibility for the success and failure of a corporation rests with the CEO. For better or worse a retail organization's health can quickly be gauged by how the CEO is regarded. See where the CEOs from Nordstrom, Starbucks, Costco and more scored in Glassdoor's latest ranking.

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Monday, June 15, 2015

Retail Business Networks: Integrating Suppliers and Retailers of all Sizes

In today's omnichannel retail environment, consumers expect that any item is in stock, reasonably priced and immediately in their hands. With such high expectations to manage online, via mobile devices and in physical stores, retailers must find a way to offer the endless aisles of merchandise and rapid fulfillment capabilities that customers require. 

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Share market recovers after early losses, closes slightly lower

The Australian share market closes slightly lower, clawing back most of its steep early losses when banking stocks made a late recovery.



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IGA wholesaler Metcash posts $384m loss, sells auto division

IGA wholesale supplier Metcash declares a $384.2 million loss on massive write-downs, and announces the sale of its automotive division.



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Friday, June 12, 2015

Mapping the Social Media Network: Target vs. Macy's

The power of the social network is undeniable. But in order to realize its full potential retailers need social media influencers to promote the brand. See how Target and Macy's measure up in their quest to convert shoppers into brand champions.

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Thursday, June 11, 2015

Hundreds of jobs to go in Victoria as Woolworths moves distribution centre

Up to 700 full-time and part-time jobs are set to go as Woolworths announces plans to move its Hume distribution centre in Broadmeadows to the east, in what the union calls a "devastating blow" for Melbourne's northern suburbs.



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Neiman Marcus Offers Purchasing Power on Pinterest

Neiman Marcus shoppers will soon be able to purchase merchandise from the retailer on Pinterest via Buyable Pins.

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TouchCommerce Looks to Solve the Traditional Advertising ROI Conundrum

Its latest solution, TouchMedia, enables retailers to transform their media messaging into rich, interactive conversations using personalized engagement tools.

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NetSuite Boosts its Omnichannel Commerce Solutions with Bronto Software Acquisition

NetSuite Inc. has acquired Bronto Software Inc., bringing together two cloud-based omnichannel commerce and marketing automation solutions. 

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Tuesday, June 9, 2015

The Most Trustworthy e-Commerce Sites

As hackers continue to target valuable financial information and wreak havoc on retailers' databases, having a fortified e-commerce site has become a top priority. For the 7th consecutive year the OTA has ranked the largest online retailers on over three-dozen attributes to uncover the most secure. See who joined GameStop and Cabela's on the list. 

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7 Ways to Raise Your Omnichannel IQ

Omnichannel projects require so much heavy lifting on the back-end that the benefits don't emerge until well into the future. But shoppers are impatient. At the Retail Executive Summit, Paul Kasinski, CIO, Brighton Collectibles will discuss how the retailer focuses on the rapid deployment of seven key functions and services.

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Microsoft: The Future of Retail is Available Today

Innovate or die is a way of life at Microsoft. The industry leader is setting the technology pace with next-gen solutions available right now. See what the tech giant currently has on offer that is helping shape retail's tomorrow, today.

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Monday, June 8, 2015

Newman Boulevard shopping centre



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Newman retail facility



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Shopping centre provokes mixed reactions from Pilbara retailers

Plans to build a new shopping centre in the struggling Pilbara iron ore town of Newman provoke mixed reactions among existing retailers.



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Tasmanian retailers struggling with rent, low consumer confidence

Tasmanian retailers are struggling with crippling rent and a lack of consumer confidence, according to the Small Business Council.



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Saturday, June 6, 2015

Amazon Boosts Orders with Free Shipping on Lightweight Items

Amazon has introduced free shipping for all on lightweight items. No minimum order needed. 

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Is Your Store Ready for the Connected Shopper?

When consumers are accessing a retailer’s web site while perusing the aisle, wireless coverage has to work. Otherwise the user experience is diminished and retailers risk losing sales from disgruntled consumers.

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Friday, June 5, 2015

Constructing Greatness: Kohl's Plan to be America's Most Engaging Retailer

Kohl’s has a multi-year plan in place to become America’s most engaging retailer.

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Thursday, June 4, 2015

Retail sales flat in April says ABS

Retail sales miss expectations, recording no growth in April, with department stores and miscellaneous shops the worst performers.



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Wednesday, June 3, 2015

Retailers invest in Riverland jobs

Regional Development Australia Murraylands and Riverland says confidence in the region is returning, with a number of major retailers investing in the area.



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Tuesday, June 2, 2015

Leveraging Social Value

Not every customer is created equal. Some possess vast social media networks and influence that can have a directly impact a retail sales. At the Retail Executive Summit Dmitri Williams, PhD, professor, USC, will discuss the C2C connection, from social graph to ROI, and explore the impact of the connected consumer on marketing and acquisition.

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Top 10 Department Stores Revealed

As the customer-centric retailing model continues to spread throughout the segment retailers that are best able to cater to shopper demand are thriving, while those unable to anticipate and meet customer expectations are struggling to keep pace. RIS News second annual department store ranking features Macy's, Walmart, Nordstrom and more. See who made the cut.

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