The Retail and Product Daily

In today's episode: 1. When you visit an online site, data about your behaviour is abundant. Powerfront's avatar makes it visually accessible to customer service reps. The platform creates profiles of shoppers' moods, which they identify as "sentiments". 2. Have you seen the "sleepy" pop-up at The Benjamin hotel in New York? Or the Well Travelled Trunk tree at the Sofitel? Hotel lobbies are another touchpoint for retailers to reach their consumers as foot traffic at malls continues to decline. 3. Trampery, the London fashion incubator, has officially graduated its first cohort from the Sustainable Fashion Accelerator program. One designer, Steven Tai, said that the program gave him a more holistic vision for his business, as he re-examined their manufacturing process. ◇ 🎙️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily

In this episode: 1. Digital-first brands seems to be the winners of 2019, but they still face headwinds like a noisy online environment and building connections. We have a couple of ideas of how to overcome them. 2. Vacant Fifth Avenue spaces still get holiday windows as traffic increases by Rockefeller Centre. 3. CPG brands like Unilever and P&G are taking small steps to lower their plastic usage. And Loop refills for you. But it's not enough. ◇ 🎙️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily

In today's episode: 1. The future of the model is urban, greener, and has a smaller department store footprint. MAPIC has ended and we've got five takeaways we're sharing with you. 2. There is now a 100 per cent carbon-neutral national shipping carrier in the United States: Sendle. Developed and tested in Australia, we're happy they are stateside. 3. Tiffany brings 5 things to LVMH: American heritage, branding, and a sustainable source for diamonds are among them. Are they worth $16.2 billion? ◇ 🎙️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ 🎙️ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org

In today's episode: 1. Gucci has consistently been delivering double digit increases, in part by giving employees a similar experience to that of their customers. Acutely focused on the customer's changing needs; Bizzarri is committed to supporting his employees to ensure strong execution. 2. Amazon admits to culling sellers data on its site, but no wrongdoing in responses sent to a Congressional antitrust panel in the United States. They also said their algorithm ranks products based on a product’s availability, price and how frequently it was purchased, not whether it has a competing private label brand, if a competing third-party seller has purchased ads, or if the seller is enrolled in Amazon’s logistics program. 3. The first products in the Prada and adidas collaboration hit stores December 4. The product merges classic materials from each brand in iconic products. Globally, 19 Prada stores will carry the styles in cities ranging from Milan, Moscow, Zurich, Paris, London, Munich and Dubai to Tokyo, Seoul, Macau, Hong Kong, Beijing, Singapore and Taipei. In the U.S., the products will be available at Prada’s New York Broadway store, in Los Angeles, and Miami. They will also retail online through adidas.com and prada.com. ◇ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org

In this episode: 1. Kindred, an influencer based app, takes flash selling into the socially conscious realm by requiring brands to donate a percent of sales to a charity. 2. Vasquiat is introducing a new way to think about demand planning. The e-commerce site is trying to minimize markdowns at the end of the season while still feeding into the current consumer demand for a discount. They offer shoppers the opportunity to shop their edit pre-season at 40 percent off - before product will even hit stores. 3. Target sees double digit growth...in apparel. Introducing new brands like Levi's, launching a dozen private labels, and creating inspiration online led to longer dwell times, and a rise in average basket size, both instore and online. ◇ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org

In this episode: 1. CFDA emerging designers have a pop-up home in Los Angeles with Forum. And data and insights to go along with it. Nicholas K. is the first label to be featured and will be situated there until 2020. 2. PayPal acquires Honey, giving it access to consumers earlier in the online purchase journey. John Kunze at PayPal said of the deal, quote, "When Honey says they're putting money in the pockets of their customers — that's perfectly in line with what we want to do." 3. Target and Walmart have a fulfillment advantage over Amazon. And both retailers are reporting strong growth as a result. Same day services (either delivery or in-store pickup) contributed to eighty per cent of Target's growth for the quarter. ◇ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org

In today's episode: 1. "Ok Boomer" has stiff competition at the patent office in the US, but can you even trademark it? 2. Plast, Dell, HP and Trek Bicycles are all using ocean-bound plastic in their products. As designers, architects and consumer packaged good companies take responsibility, can the supply chain keep up? 3. "One of the interesting things about the art world, of course, is that an object is worth precisely what anyone will pay for it at any given time." Christie's is putting up 230 Supreme skateboards for auction. ◇ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org

1. Walmart might be winning the grocery delivery game with it's integration of physical and digital stores, Delivery Unlimited program, and focus on freshness.Walmart grew it's e-commerce business by 41 percent, driven by strength in grocery. 2. The divide between major luxury powerhouses like LVMH and Kering, and independent brands like Burberry is growing. Is digital responsible? Luxury brands typically reinvest about 6% of revenue into marketing. Using that assumption, Gucci had 500 million euros to spend in 2018, half of which would go to social. 3. Ikea's partnership with Doi Tung shows how a diversified supply chain can be good business, and good for local economies - sustainably. Ikea's approach, providing training and quality control guidance, helps ensure that the project is sustainable and operational, even without the feel-good marketing story attached. ◇ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org

Amazon isn't monitoring its sellers for accurate product descriptions, even as they court manufacturers directly. How will you deliver on sustainable solutions for your customer this Black Friday and Cyber Monday? And Berlin company Jandorf Holding relaunches luxury brands.

In this episode: ◇ Premium fashion labels are starting to feel some consumer uncertainty as Hugo Boss, and Ted Baker issue statements suggesting they will miss their quarterly targets. This underscores a larger shift that is showing a reduction in consumer spending in the middle markets. ◇ At the mass consumption end of the price market, have customers hit peak happiness? Morgan Stanley analyst Geoff Ruddell says they have - at least in clothing. Clothing sales in developed countries have been stagnant or declining. ◇ A late Thanksgiving will have a significant effect on the shopping period, and retailers have a smaller window to drive sales. Last year, retailers had five weekends and 33 days between Thanksgiving and Christmas. This year, they're down to four weekends and just 27 days.

In this episode: ◇ Sales of women's handbags and totes in the U.S. are down more than 20% over the first eight months of 2019. The handbag was once the accessory of choice for customers looking to enter into the luxury market, a status symbol of sorts. Now that role is filled by sneaker and althleisure product categories ◇ Houston Rockets sneakers and apparel were pulled from several Nike stores in major Chinese cities amid the furore surrounding a tweet from the team's general manager in support of anti-government protests in Hong Kong. ◇ Bigger isn't always better, like big-box retailers before them, demand for smaller warehouses is soaring as e-commerce, and the push for faster delivery accelerates competition for industrial space close to major population centres.

In this episode: ◇ LVMH may be the bellwether for how unrest in Hong Kong will affect retailer results. Some estimate the protests could affect business of global brands by up to 2 percent this year. ◇ Fast Retailing reports strong results globally. ◇ Target leans into inclusive and adaptive kids wear, and partners with Disney, and Toys'R'Us.

In this episode: ◇ Dick's Sporting Goods is weighing whether or not to make a strategic shift out of the gun business, after destroying $5 million in automatic weapons this last year. ◇ And teen spending is slowing, but footwear has peaked with Gen Z. ◇ H&M buys Sellpy, a resale company, as it marches towards its goal of becoming a circular company.

In this episode: ◇ Jetblack, the personal shopping service available to consumers via text, is losing $15,000 per member annually. But Walmart continues to invest in the company as an R&D expense as it looks to build its future capabilities. ◇ Target will have solar panels on more than a quarter of it's stores in a month. ◇ Shiseido acquires clean beauty and skincare Drunk Elephant, a brand that has grown to $100 million annually.

In this episode: ◇ Marks & Spencer is consciously shifting its assortment to meet the market decline in suiting and changing menswear fashion preferences. ◇ Kardashian Kloset launches, and it's terribly done. ◇ Plant subscription services are launching across the globe - and doing well.

In this episode: ◇ Google upgrades its shopping feature and Google Lens uses enhanced image recognition for better product recommendations. ◇ American Eagle Outfitters launches a genderless CBD beauty and wellness brand: Mood. ◇ H&M delivered a great quarter, growing almost 20% in the US, and 30% in India.

In this episode: ◇ Gap Inc wants to grow Hill City organically, and its developing its blueprint for incubating future businesses. ◇ Amazon will have grocery stores - separate from Whole Foods, by year's end. ◇ Simon Property Group took a 50% stake in Gilt Groupe and launched ShopPremiumOutlets.com.

In this episode: ◇ Grocery retailers are still relying on in-store pickup which is the wrong business to build out. They are leaving themselves open to new players in the delivery sphere. ◇ U.S. tariffs hit Britain's luxury market, and the timing couldn't be worse. At the end of the month, the UK exits the European Union and is hoping to build exports with other markets. But the additional taxes will make importing challenging for American retailers. ◇ Canadian altheisure brand RYU hosts pop-up brands in-store with Guesst. The platform makes consignment easy for retailers and direct-to-consumer brands.

In this episode: ◇ There are three major reasons why Forever 21 went bankrupt - and it isn't because fast fashion is dead. H&M and Zara continue to report great results. So why the difference? ◇ Stylepull is a platform that puts stylists in control - pursuing branded product without the pressure of PR teams. ◇ Levi's made big investments in the future with climate week announcements and in wearable technology.

In this episode: ◇ The fragrance market's challenges and solutions, including distribution and finding the perfect "blend" of online and offline. Niche fragrance has the floorspace, but how will that affect distribution going forward? ◇ There are two good ways to do digital in-store: support online sales and make good offers for in-store shopping. ◇ A VidMob survey found that 1000 Instagram users purchased directly from the app. We tell you what drives the results.