Retail Operations

  1. Retail Operations

Accelerating Innovation in Turbulent Times with Guest Tim Simmons, Chief Product Officer at Sam’s Club

We’re recording live this week from the just wrapped GroceryShop conference in Las Vegas. Our guest this week is Tim Simmons, SVP & Chief Product Officer of Sam’s Club, who takes  us deep into the transformation process that he’s been helping lead. We learn how Walmart and Sam’s Club have been evolving and accelerating the […]
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  1. Retail Operations

TLM tech links with NearSt to boost in-store footfall

Retail software solution company TLM technologies has fully integrated its flagship EPOS software, evoBackOffice with NearSt. This will allow thousands more retailers to easily get their products on platforms like Google and Facebook, driving online customers in-store. Founded in 2015, the technology from NearSt was developed to make products on physical store shelves visible to […]
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  1. Retail Operations

SBF GB&I offers independent retailers chance to ‘Win the Weekend’

According to a bespoke SBF GB&I survey, almost 40% of retailers haven’t been able to take any time off away from their stores to spend with family and friends in the past year. What’s more, 28% of that number haven’t taken time off for more than three years. So SBF GB&I are rewarding the extraordinary […]
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  1. Retail Operations

Dollar Tree taps Michael Creedon as COO

CHESAPEAKE, Va. — Dollar Tree Inc. has added Advance Auto Parts veteran Michael Creedon Jr. to its executive team, naming him chief operating officer. “Mike’s impressive career in retail is rooted in a deep knowledge and understanding of his customers,” Dollar Tree president and chief executive officer Mike Witynski in announcing the hire. “Mike will […]
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  1. Retail Operations

Walmart expands its virtual presence with Roblox

BENTONVILLE, Ark. — As part of its ongoing quest to meet its customers wherever they are, Walmart on Monday launched two new immersive virtual experiences on Roblox, a metaverse gaming platform. Called Walmart Land and Walmart’s Universe of Play, the spaces are meant to offer unique interactive content and entertainment for Gen Z shoppers, allowing […]
3 min read
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  1. Retail Operations

2022 RTIH Innovation Awards: don’t delay, enter today!

Time is running out to enter the 2022 RTIH Innovation Awards. The awards, sponsored by PMC, 3D Cloud by Marxent, CADS, and FreedomPay celebrate global tech innovation in a fast moving omnichannel world. Deadline for submissions is 4th November, with winners being announced at an exclusive event in central London during December. It’s free to […]
3 min read
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  1. Retail Operations

Kroger Looks To Wean Itself Off Instacart

Business Insider writes that as Kroger builds “its own tech infrastructure, including automated warehouses for delivery orders,” it means that it inevitably will end up “in competition with Instacart, its longtime grocery-delivery partner, analysts say.”  This competition may also play out as both companies seek advertising revenue from suppliers – there are only so many […]
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  1. Retail Operations

U.S. manufacturing jobs are back in a big way

U.S. manufacturing facilities lost 1.36 million jobs from February to April 2020. As of August 2022, a total of 1.43 million jobs, a gain of 67,000, have been added. “One of the most striking things that we are seeing now,” said Brian Deese, the director of the National Economic Council, “is the number of companies […]
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  1. Retail Operations

Retail Industry Awards 2022: Winner – Post Office Retailer of the Year (Independent)

WINNER: Tenby Stores & Office, Premier, Pembrokeshire The “symbiotic relationship” of post office and retail is key to the success of Tenby Stores & Post Office, a Premier outlet in Pembrokeshire. Driven by the need to fully deliver a business model that had its retail and post office seamlessly integrated to deliver a real solution […]
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  1. Retail Operations

Research: 80% of Brits concerned about Christmas spending this year

The majority of Brits (80%) are concerned about spending this Christmas, according to new research from customer insights platform, QuMind. 60% of Brits expect to spend less on Christmas this year, with one in 10 (11%) reporting they will reduce Christmas spending by 50% or more compared to last year. The research, conducted to understand […]
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  1. Retail Operations

Know Your MC: Matt McKeon, Retail Media Manager

This is the fourth of an ongoing series profiling Momentum Commerce team members (MCs for short). Click here to see more of our team, and be sure to check out our open roles! Before coming to Momentum Commerce, what was your experience in the eCommerce space? During college is when I first started developing an […]
3 min read
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  1. Retail Operations

The Transformation of Hybrid Work in Retail

Co-authored by: Tricia Kelley How we work is changing—from where we host our meetings, to our day-to-day operations, life has been transformed by the pandemic. The push for work and life balance has never been stronger and the need to adopt more sustainable practices has never been more urgent. A digital-first approach has become imperative […]
2 min read
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  1. Retail Operations

Walmart Introduces ‘No Concerns’ Returns Including Home Pickup for Walmart+ Members

Walmart will launch three new returns options as part of its “No Concerns” campaign to accommodate early holiday shopping. Beginning in Oct. 1, 2022, Walmart will introduce: An extended Holiday Guarantee returns period allowing customers to return eligible purchases made on or after Oct. 1, 2022, through Jan. 31, 2023; Curbside returns, which will allow […]
2 min read
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  1. Retail Operations

The 2022 Holiday Season Retail Forecasts – Shop Early

Even though it’s only very early fall, it is beginning to look a lot like Christmas in many of the stores that we go. Santa must be anticipating a mad rush on limited supplies as multiple major retail chains already have their trees and trimmings out for sale.  Typically, late summer and early fall is […]
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  1. Retail Operations

Retail Industry Awards 2022: Winner – Symbol/Franchise Group of the Year

WINNER: Premier Booker-owned Premier is enjoying a 20th year of consecutive growth and has continued to perform well in various categories, with its retailers benefiting from a wide range of support options. While reporting eye-catching financial results, Premier has encouraged and backed commendable community work across stores and can genuinely claim good sustainability credentials, achieving […]
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  1. Retail Operations

Can Luxury Brands Use Blockchain to Guarantee Authenticity?

When it comes to luxury goods, the perception of exclusivity and premierness are two very important elements. However, the truly paramount aspect of luxury items that allows for the high price point associated with them is their absolute authenticity. If the authenticity isn’t absolute, then it’s not luxury. Would it be OK if you were […]
2 min read
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  1. Retail Operations

Costco’s top line grows by over $30 billion in fiscal 2022

CFO Richard Galanti says customers not trading down to private label Costco Wholesale has followed up one strong fiscal year with another. The Issaquah, Wash.-based warehouse club chain posted double-digit net and comparable sales growth for its fiscal 2022 fourth quarter and full year, while topping Wall Street’s consensus earnings-per-share forecast for both periods. Related: Costco […]
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  1. Retail Operations

Five retail technology funding rounds you need to know about

RTIH rounds up the retail systems ventures whose funding rounds have been making headlines, including Swiftly, Ryft, Instant Commerce, and 1MRobotics. 1. Ryft Ryft, a PSD2 compliant payments system firm, has raised a seed round, led by SFC Capital. Additional investors include the ex-founder of Shutterstock and the founder of LoveFilm. This brings Ryft’s total […]
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