TGA Industry News Briefs

August 18, 2022

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TOP NEWS

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Yep. We’re Name Dropping!

TGA

We can’t help ourselves — not when we have such a great exhibitor lineup for The 2023 Travel Goods Show. Here are just a few: Briggs & Riley. bugatti Group Inc. Cloudz®. Matador®. QBSleeves, Inc. READ MORE

• Attendees, meet these exhibitors and more — register here for your badge.
• Exhibitors, want your company name dropped — reserve your booth here.

The U.S. Supply Chain Is Now Facing Two Trade Hurdles

CNBC

Two of the major trade lanes for U.S. shippers are under strain this peak season. The heatwave in China has shut down key manufacturing and the growing backlog of European imports is expected to spill over into the first quarter of 2023. READ MORE

In a Bid to Win Back Consumer Spending, Retailers Are Betting on Travel

MODERNRETAIL

With restrictions easing, more people are spending money on travel again rather than discretionary goods. In an attempt to catch some of those spending dollars, retailers are striking new travel-focused partnerships, which may vary depending on where their core customer is jetting off to. Fashion and luxury brands have their sights set on the duty-free sections of airports, while mass-market retailers like Walmart are more focused on domestic travel. READ MORE

Tech Hacks to Make Traveling Right Now Less of a Headache

THE NEW YORK TIMES

The travel industry is recovering from the pandemic, but messily. These apps and tips can help us navigate the chaos and maximize our comfort. READ MORE

Checkout.com Enhances Authentication Tool to Reduce Abandoned Carts

PYMNTS.COM

Full-stack payments company Checkout.com is rolling out enhancements to its authentication product to help online businesses reduce abandoned carts as evolving strong customer authentication (SCA) requirements kick in across Europe. “With the flurry of work to comply with SCA requirements in the rear-view mirror, it’s time for businesses to focus on evolving and optimizing their authentication strategy, and in 2022, the stakes are high,” Checkout.com Product Director Rami Josef said in a blog post. READ MORE

At Last, Online Travel Planning Is Becoming (a Little) Easier

TRAVEL + LEISURE

Airbnb, Google Travel and a few other platforms have tweaked their search engines, and that means less slogging through pages and pages of results on everything from home rental options to flight routes. READ MORE

If You Practice Any of these 7 Habits Your Leadership Skills Are Probably Better Than Most Bosses

INC.

As a servant leader, your role is to lift your employees and help them joyfully achieve their goals. When they succeed, you succeed, and the whole organization succeeds. It’s a thing of beauty. When you choose to serve first, it’s for the other person’s benefit. You selflessly focus attention away from yourself and put the spotlight on others. Leaders operating from this orientation get the best out of their employees, which leads to great business results. READ MORE

Instagram: How to Use the Add Yours Sticker in Reels

ADWEEK

Instagram added the Add Yours sticker to Reels. This sticker allows creators to enter a prompt that will encourage their viewers to create their own videos in response. Our guide will show you how to use the Add Yours sticker in Instagram Reels. READ MORE

Retail CMO Budgets Increased in 2022: Gartner

RETAIL DIVE

As retailers face economic challenges from inflation, chief marketing officers are allocating more money on social media as well as offline advertising, according to research from Gartner shared with Retail Dive. The survey of 405 marketing decision makers across the globe between February and April showed that retail CMOs are spending 11.2% of their budgets on social advertising, more than any other channel and ahead of search ads. READ MORE

Should All Retailers Sell on Social Media?

RETAILWEEK

Many business owners are under pressure to sell on social media for fear of missing out, but what does the data say about retailing through social channels, asks James King, head of ecommerce consultancy at payments experts Elavon Europe. In an online survey with Ipsos, we asked 1,108 people aged 16 to 75 across the UK how much they spent on the last impulse purchase they made — if they ever have — through social media. Here are our findings. READ MORE

Consumers Are Expected to Have Spent Slightly More in July, But Prime Day May Have Boosted Sales

CNBC

Consumers are expected to have spent just slightly more in July, but they may have boosted what they spent online in a big way. Consumers are responsible for about two-thirds of the U.S. economy, so any insight into spending is important. Retail sales data is also affected by rising inflation, and the sales figure should reflect the impact of higher prices. READ MORE

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TRENDING ARTICLES

Missed last week’s issue? See which articles your colleagues read most.

• The 21 Best Travel Bags, According to Frequent Fliers (SELF)
• ‘The Disneyland Effect’: The Real Reason the U.S. Supply Chain Is Still Overloaded (YAHOO! FINANCE)
• The Lesson for Main Street from the Walmart, Target Inventory Failures (CNBC)
• Transportation Dept. Proposes New Rule to Ease Air Travel Chaos for Passengers (THE NEW YORK TIMES)
• 7 Tasks Every Leader Must Master (ENTREPRENEUR)