Corporate Purpose

Articles about retailers doing good for their communities, the environment, etc.

  1. Corporate Purpose

Including Store No8 and Outlier Ventures: RTIH runs you through the week’s coolest retail technology plays

RTIH Editor, Scott Thompson, brings you his top ‘future of retail’ systems launches and deployments from the past week, including checkout free store milestones, startups focused on building in Web3, and the ongoing digitalisation of the fashion industry. Poundland Poundland has launched a suite of digital accessibility tools to support job applicants and workers with […]
3 min read
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  1. Corporate Purpose

Perfect Corp. teams with Warner Bros. Pictures for The Flash interactive AR try-on experience

Perfect Corp. has launched an interactive augmented reality (AR) experience for Warner Bros. Pictures’ upcoming film The Flash. Movie filters and effects are available free to users in the AR try-on app, YouCam Makeup, and photo-editing app, YouCam Perfect. The Flash virtual experience features an exclusive animated effect and stickers that invite users to activate […]
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  1. Corporate Purpose

Starring Apple, Poundland and Forever 21: RTIH’s biggest retail technology news stories of the week

It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including Emperia, Recite Me, Amperity, Walmart’s incubator arm Store No8, and Outlier Ventures. 1. Emperia – new Apple mixed […]
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  1. Corporate Purpose

How Big Retail and CPG Brands Are Rethinking Omnichannel Promotional Campaigns to Battle Inflation

U.S. food prices surged by 11 percent last year, marking the largest increase since the 1980s. While the rate of inflation has gradually calmed down since its June 2022 peak, rising prices remain a significant concern for retailers and consumer packaged goods (CPG) brands. Given the possibility of a recession, it may be tempting to […]
3 min read
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  1. Corporate Purpose

5 Tips for Growing Your E-Commerce Business

Today, people are shopping online more than ever before. The reality is that many people just prefer the convenience of shopping from their mobile devices. To meet this demand, e-commerce has become widely accessible to entrepreneurs around the world thanks to Shopify. In fact, e-commerce sales are expected to grow 10.4 percent in 2023 alone, […]
3 min read
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  1. Corporate Purpose

Wilko on the hunt for retail technology leader as it steps up omnichannel transformation push

Wilko, a British high street chain that sells homewares and household goods, is looking for a senior software engineering leader to head up its digital engineering capability. In a LinkedIn post, Simon Reeve, Head of Engineering and Architecture at Wilko, said: “This is an exciting and challenging role, taking end to end ownership and accountability […]
2 min read
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  1. Corporate Purpose

Food Retailers with YoY Customer Counts Down, Sales Slipping, and Rent Sky Rocketing Need to Evolve

  Here is some of what the team at Tacoma, WA based Foodservice Solutions® has heard from clients, at the National Restaurant Show, or read printed in other recent articles. The simple fact is that rent for food retailers including restaurants, C-Stores, Deli’s etc. are continuing to increase.  In many spots around the country, they […]
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  1. Corporate Purpose

 Aldi Sued For $10 Million In Class Action Over Labeling

Newsweek reports that “Aldi has been named in a class action lawsuit in California that alleges it misrepresented its fruit and grain bars to consumers by claiming they only contain natural products. “In a filing with the U.S. District Court for central California on May 30, a lawyer for plaintiff Deana Lozano, a health care […]
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  1. Corporate Purpose

Circana reveals 2022 New Product Pacesetters

CHICAGO – Circana, formerly IRI and The NPD Group, has released its 2022 New Product Pacesetters, the 28th annual report revealing the top new product launches across food and beverage and nonfood sectors. The report illustrates the enduring power of CPG innovation, revealing that consumer spending on new product offerings remained elevated last year despite challenges […]
4 min read
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  1. Corporate Purpose

SAP Emarsys research flags savvy UK consumers ditching physical wallets for their phones

50% of UK consumers say they no longer need a physical wallet or purse, swapping it for a digital equivalent on their phone. That’s according to new research from omnichannel customer engagement platform SAP Emarsys to mark the launch of its Mobile Wallet solution. The study of 2,003 Brits suggests that the adoption of the […]
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  1. Corporate Purpose

World of Sweets taps Algonomy retail technology for deeper understanding of omnichannel customers

Hancocks, a UK-based confectionery wholesaler and part of the World of Sweets Group, is to deploy Algonomy’s Omnichannel Personalisation Platform. By using AI, customer segmentation, and predictive models that Algonomy’s platform affords, Hancocks is set to deliver online content, product recommendations, search results, and browsing experience based on individual customer profiles. The wholesaler serves a […]
2 min read
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  1. Corporate Purpose

Giant Eagle launches in-house retail media network Leap

The platform leverages the chain’s loyalty program, bringing personalized ads to shoppers in-store, in-app, on social media and elsewhere, said Damian Scott, who heads up the grocer’s retail media and front-end digital operations. Dive Brief: Giant Eagle announced on Wednesday the debut of Leap Media Group, an in-house retail media arm that leverages the regional […]
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  1. Corporate Purpose

Why Retailers Must Strive for Supply Chain Automation

In April 2023, Walmart unveiled its plans to automate its supply chain network by 2026 to increase productivity and enhance the customer and associate experience. With customer expectations higher than ever and supply chain disruptions impacting inventory levels, we can expect many other companies to follow in Walmart’s footsteps by taking steps to automate their […]
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  1. Corporate Purpose

Loblaw To Wind Down Third-Party Marketplace

The Toronto Sun reports that “Loblaw Companies Ltd. says it’s shutting down its third-party marketplace.” Spokesperson Catherine Thomas tells the Sun that “the company has learned a lot about what customers are shopping for online, but that given the rapid change in e-commerce over the past three years, Loblaw has decided to focus on its […]
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  1. Corporate Purpose

Your Views:  Business.  Not Personal.

Yesterday we took note of a Boston Globe story about how youth organizers with the Hyde Square Task Force in Jamaica Plain, Massachusetts, did significant market research and figured out that a grocery cart of items at their local Stop & Shop cost $34 more than the same products at the chain’s store in suburban […]
12 min read
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  1. Corporate Purpose

Poundland taps Recite Me tech to support support job applicants with disabilities online

Poundland has launched a suite of digital accessibility tools to support job applicants and workers with disabilities online.  The Recite Me toolbar on the Poundland Careers website removes obstacles for those with disabilities, visual impairments, learning difficulties, and the population of an older age.  Carina Mardenborough, Diversity, Inclusion and Wellbeing Manager at Poundland, comments: “As […]
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  1. Corporate Purpose

Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

As the oldest members of Gen Z move into their mid-20s and the youngest enter their teen years, personal finance concerns are high on their list of worries. That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big […]
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  1. Corporate Purpose

Industry Awards Help Boost Brand Reputation — and Sales. Here’s How to Apply to Win

Winning an industry award is like earning special recognition that can make a big difference for retailers. It’s not just a shiny trophy on a shelf; it has the power to boost a brand’s reputation and increase sales. When a retailer wins an award, it exemplifies being trustworthy, reliable and respected. Customers look for these […]
2 min read
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  1. Corporate Purpose

4CAST Investment Group including Ben Stokes, Stuart Broad and Jofra Archer backs Sixes Social Cricket

Ahead of its US expansion, immersive cricket experience Sixes Social Cricket has secured an undisclosed investment from 4CAST Investment Group, which includes the likes of Ben Stokes, Stuart Broad, Jofra Archer, KL Rahul and Jason Roy. Created by the founders of Scottish restaurant and butcher Mac & Wild, Calum Mackinnon and Andy Waugh, Sixes opened […]
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  1. Corporate Purpose

Payments veterans Guy Harris and Eric M. Hoffman join chargeback management technology firm Chargebacks911

Chargebacks911 has announced the appointment of Guy Harris as its Chairman of the board, and Eric M. Hoffman as President of Interbank Solutions and board member. Monica Eaton, CEO and Founder at Chargebacks911, comments: “I couldn’t be more excited to bring onboard Guy Harris and Eric Hoffman. It is rare to find two financial powerhouses […]
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  1. Corporate Purpose

Stop & Shop Accused Of “Ripping Off” Low Income Neighborhoods

The Boston Globe this morning reports that “the teenage sleuths of Hyde Square are at it again. “Six years after prompting TD Garden to donate $1.65 million for a skating rink after discovering the complex failed to hold fund-raisers for local recreation programs as required by state law, they have another behemoth in their sights: […]
3 min read
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  1. Corporate Purpose

HRG promotes three associates

WAUKESHA, Wis. —  HRG has promoted three associates to new roles. Steve Hill was elevated to PC development/technical analyst lead and Cat Renwick and Noah Rosenthal were both promoted to category analysts. Hill has been with HRG since 2019. In his new role, HRG’s developer team will report to him, and he will be responsible for […]
2 min read
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  1. Corporate Purpose

Walmart incubator arm Store No8 and Outlier Ventures target startups focused on building in Web3

Store No8, Walmart’s incubation arm, and Outlier Ventures, a Web3 investor, have announced the launch of the Store No8 dCommerce Base Camp accelerator programme. Applications open today, and the 12-week initiative will begin in mid-August. The aim is to help a select cohort of startups focused on building in Web3 to deliver solutions that improve […]
2 min read
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  1. Corporate Purpose

With Consumers Awash in Subscriptions, Brands Set Sights on Paid Membership

The subscription economy has been the subject of dire headlines recently, with terms like “subscription fatigue,” “the great unsubscribe” and even “subscription apocalypse” being bandied about. Some stats support the gloomy outlook: according to Kearney, 40% of consumers feel they have too many subscriptions, and subscription ecommerce is predicted to have its slowest growth year […]
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  1. Corporate Purpose

Target Leapfrogs Walmart For Upscale Grocery Approach

Bloomberg has a story about how “a slew of retailers are beefing up their grocery investments to lure in consumers cutting back on non-essentials like clothing and electronics. But as they lay out plans to improve their food offerings and supply chains, the big question is how does one compete with the mighty Walmart Inc. on […]
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  1. Corporate Purpose

Circana reveals 2022 New Product Pacesetters

CHICAGO – Circana, formerly IRI and The NPD Group, has released its 2022 New Product Pacesetters, the 28th annual report revealing the top new product launches across food and beverage and nonfood sectors. The report illustrates the enduring power of CPG innovation, revealing that consumer spending on new product offerings remained elevated last year despite challenges […]
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  1. Corporate Purpose

Walmart Upgrades Its Digital Ad Network

From Advertising Age: “Walmart Connect, which has made huge gains in recent years through digital advertising, is testing ways to bolster in-store pieces of its retail media network. “For the first time, Walmart Connect is selling ads on its revamped in-store radio network and integrating sampling programs with online offerings. While aspects of Walmart Connect’s […]
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  1. Corporate Purpose

Giant Eagle launches in-house retail media network Leap

The platform leverages the chain’s loyalty program, bringing personalized ads to shoppers in-store, in-app, on social media and elsewhere, said Damian Scott, who heads up the grocer’s retail media and front-end digital operations. Dive Brief: Giant Eagle announced on Wednesday the debut of Leap Media Group, an in-house retail media arm that leverages the regional […]
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