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The Biggest Mall Owner In The US Is Going Online

Posted by Harriet Schneider on Nov 12, 2019 8:00:00 AM

The biggest mall owner in the U.S., Simon Property Group, is teaming with online shopping site Rue La La’s parent company to launch a new kind of website for people looking for deals.

The real estate company announced Wednesday it’s partnering with Rue Gilt Groupe, which is backed by Michael Rubin, CEO of Fanatics’ parent company Kynetic, to create a new e-commerce business for discount shopping.

Simon has been testing the website “ShopPremiumOutlets.com” since March, building on its premium outlet centers business. The mall owner operates dozens of premium outlet centers nationwide and a handful overseas. It’s been working with certain retailers at those centers — which include Woodbury Common Premium Outlets in New York — to test selling merchandise together on this site. It says it has signed on more than 2,000 designers, and has about 300,000 products.

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Topics: Fashion & Retail, Retail, Fashion & Apparel, Infor Retail, Online Retail, Fashion PLM, CloudSuite Retail

Podcast: Retail In 3D

Posted by Harriet Schneider on Nov 7, 2019 8:00:00 AM

In this episode we talk with Morin Sarenio of CGTrader, a company of 2-million designers that’s providing retailers with immersive augmented reality that lets customers try products online before they buy them. That means better customer experience, fewer returns, and major savings on reverse logistics.

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Topics: Fashion & Retail, Retail, Converged Commerce, CloudSuite Retail

Is Clothing Rental The Panacea For The Ailing Fashion Retail Industry

Posted by Harriet Schneider on Oct 24, 2019 8:00:00 AM

A recent report valued the rental subscription market at around 1 billion dollars in 2018 and forecast it grows more than 20 percent a year, reaching 2.5 billion dollars by 2023. This trend isn’t lost on traditional retailers: over the last year everyone in the industry seems to be launching their own clothing rental service.

Recent research from GlobalData confirms the explosive growth of clothing rental and / or subscription services: it’s expected to reach 2.5 billion dollars value by 2023, prompting brands such as Banana Republic, Macy’s, Urban Outfitters, Trunk Club or J.C. Penney to announce their own apparel rental services.

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Topics: Fashion & Retail, Retail, Fashion & Apparel, Infor Retail, Online Retail, Fashion PLM, CloudSuite Retail

Malls Are Dying, But There’s A 3-Step Plan That Can Save Them

Posted by Mitchell Chi on Oct 17, 2019 8:00:00 AM

I read a recent article in Forbes that talked about upheaval in the shopping mall industry. There's a link to it at the end of my commentary and I would really appreciate hearing your thoughts on it as well. Here are mine:

“HURRY AND DIE MALLS."

Your days are over. People want a social experience, not products. Mark-downs and sales clerks. As we all know, the hype, “Retail is Dead” is just that, hype. Consider the following. 87% of consumer retail is transacted in brick & mortar, physical stores. Yes, you heard me…87%. In fact, a recent NRF report stated retail sales, in stores, are up 4.9%. NOT e/comm, by true shopping and social interaction.

The net is, if you fear Amazon will put you out of business, shame on you! You “owned” your customers for decades, but did you do anything to earn their loyalty except showcase your products? 30% of my personal shopping is on-line. Mostly under $50 commodities. 70% is spent with retailers who invest in their employees training & wages, innovative products, and exceptional customer service, both pre and post sale. Malls are (I hate this word), “transforming” into social town centers with entertainment (movies, concerts, festivals), attractions (claiming walls, work-out centers, VR and the like), hard goods (driver training hosted by auto manufacturers, cooking classes hosted by appliance manufacturers and the like) and most of all, a place to stop texting and start socializing”. Mall dead? Yes, while town centers are thriving!”

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Topics: Fashion & Retail, Retail, Infor Retail, Online Retail, CloudSuite Retail, Shopping mall

Podcast: #NoFilter: Authentic Videos Are The Future Of Experiential Retail

Posted by Harriet Schneider on Oct 10, 2019 8:00:00 AM

To date, retailers have been cautious with live product broadcasts, but a wealth of opportunity exists to connect with customers, build their brands, and significantly increase sales with authentic video content. From combining influencers with real life people trying products to gamification and interactive broadcasting, brands should be looking to authentic video content as they move into the future of retail. In this episode of Reinventing Retail, we chat with Dave Dabbah of Agora.io, an API platform that’s bringing peer-to-peer video to retailers and fashion brands.

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Topics: Fashion & Retail, Retail, CloudSuite Retail

Podcast: DOM Is The Heartbeat Of Your Network

Posted by Harriet Schneider on Oct 8, 2019 8:00:00 AM

This podcast will look at the future of how order management will evolve from simply executing orders to truly optimizing how to best serve your customer. Listen as Guy Courtin and Tim Nelson discuss what to anticipate with the evolution of order management: next generation optimization rather than simply execution of orders. The cost to serve a customer will become more important than simply the cost to fulfill.

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Topics: Fashion & Retail, Retail, Supply Chain, CloudSuite Retail

Mobile Retail Is Alive, And Consumers Are Here For It

Posted by Harriet Schneider on Oct 3, 2019 8:00:00 AM

Stop and think about a day you could go without your smartphone. You are checking your calendar to see when or if that is even possible. And yet you may not realize that checking email, texting your doctor or tracking your children’s usage is only part of the life your smart device breathes into you. Last year, Americans made almost 30% of purchases through a mobile device. Next-day and same-day delivery created a market for mobile shoppers and retailers are responding.

The one where the market creator remains the market leader

Amazon, the retail Goliath, created the market for instant gratification with its online presence and product availability.

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Topics: Fashion & Retail, Retail, Fashion & Apparel, Infor Retail, Online Retail, Fashion PLM, CloudSuite Retail

Infor M3 Cloud

Posted by Harriet Schneider on Sep 12, 2019 8:00:00 AM

Establish a foundation for digital transformation:

With the world changing faster than ever before, companies need to keep up by becoming more agile and adopting new technology to stay competitive and stand out from the competition. Moving to the cloud is one way that can help you stay ahead.

Infor M3 Cloud delivers software as a service, offering complete flexibility in operations, technology, and scale. As a multi-site, multi-country, and multi-company ERP solution, M3 Cloud empowers your organization to easily adapt to changing business needs.

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Topics: Manufacturing, Fashion & Retail, Food & Beverage, Infor M3

Independent Computer Consulting Group (ICCG) Brings John Greenaway On Board As Chief Revenue Officer Building Its Europe, Middle East, And Africa Team.

Posted by Harriet Schneider on Jun 19, 2019 8:00:00 AM

Independent Computer Consulting Group (ICCG) a Global Information Technology Solutions Provider for the Enterprise today announced the appointment of John Greenaway as Chief Revenue Officer – EMEA, effective immediately. Greenaway previously served as a Channel Director at Infor for the last 10 years, where he was responsible for growing revenue across EMEA. As Chief Revenue Officer - EMEA, Greenaway will champion ICCG’s efforts to expand its software consulting and implementation footprint into Europe, the Middle East, and Africa.

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Topics: Press Releases, Manufacturing, Fashion & Retail, Food & Beverage, Infor M3, Fashion & Apparel, Fashion PLM, CloudSuite Food & Beverage, CloudSuite Retail, Cloudsuite Fashion & Apparel, EMEA

Independent Computer Consulting Group (ICCG) Names Annette Cunningham As Chief Operating Officer To Expand Operations In Europe, The Middle East, And Africa.

Posted by Harriet Schneider on Jun 18, 2019 8:00:00 AM

Independent Computer Consulting Group (ICCG) a Global Information Technology Solutions Provider for the Enterprise today announced the appointment of Annette Cunningham as Chief Operating Officer – EMEA, effective immediately. Cunningham previously served for 4-1/2 years as a Regional Vice President of Sales at Infor managing a team of industry-leading sales people and channel partners. As COO, Cunningham will lead ICCG’s efforts to expand its software consulting and implementation footprint into Europe, the Middle East, and Africa.

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Topics: Press Releases, Manufacturing, Fashion & Retail, Food & Beverage, Infor M3, Fashion & Apparel, Fashion PLM, CloudSuite Food & Beverage, CloudSuite Retail, Cloudsuite Fashion & Apparel, EMEA

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Embracing thought leadership as a pathway for growth, represents the true spirit of progressive change that will make a difference in technology-driven industries. As a consulting company, ICCG customers look to us as their value-added resource. They expect us to be proactive about solving their immediate challenges and we don’t take that responsibility lightly. It is this that drives us to share our best practices, knowledge-base, years of experience, and tried and true methodologies. These have been the hallmarks of our corporate brand.

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