Wed.Feb 21, 2024

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Sustainability Reporting Standards, And Frameworks, And Regulations, Oh My!

Forrester eCommerce

The first reports on the climate impact of organizations under the EU’s Corporate Sustainability Reporting Directive (CSRD) won’t trickle in until 2025 for the 2024 financial year. And the greatly anticipated Securities And Exchange Commission (SEC) rule on Climate-Related Disclosure slated to be finalized in 2023 has been postponed yet again.

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Amazon Powers its Way Onto Dow Jones Industrial Average

Retail TouchPoints

In a sign of its enormous role in both the U.S. and world economies, Amazon will join the exclusive “club” of 30 companies that make up the Dow Jones Industrial Average (DJIA), replacing Walgreens Boots Alliance. Additionally, Uber has been added to the Dow Jones Transportation Average, driving out JetBlue Airways. Both changes will be effective prior to the opening of trading on Feb. 26, 2024.

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Announcing The Forrester Wave™: Digital Asset Management Systems, Q1 2024

Forrester eCommerce

Check out this preview of The Forrester Wave™: Digital Asset Management Systems, Q1 2024, which reveals the DAM vendors that are pushing the boundaries of intelligent and strategic creativity.

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Activist Investor Arkhouse Nominates Slate of Retail Heavyweights in Bid to Take Over Macy’s Board

Retail TouchPoints

Real estate investment firm Arkhouse Management has put forward a slate of nine nominees in an attempt to take control of the Macy’s, Inc. board, after the retailer rejected a takeover bid from Arkhouse earlier this year. The slate of nominees includes former executives from retailers including Hudson’s Bay Co. , Target , Victoria’s Secret and Vitamin Shoppe.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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GenAI Consumer Outlook, Q1 2024: Which Consumers Will Pay To Use GenAI?

Forrester eCommerce

Welcome to the second installment of Forrester’s Generative AI Consumer Outlook Quarterly Blog Series! You’ll be able to find the first one here. With GPT-4 Turbo’s launch in late 2023, Google’s announcement of Gemini, and Microsoft Copilot’s Superbowl ad, consumers are now faced with plenty of options for consumer-facing gen AI tools.

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Target Partners with Diane von Furstenberg for Limited-Time, Lower-Cost Collection

Retail TouchPoints

Beginning March 23 online and in most of its stores, Target will offer a Diane von Furstenberg collection consisting of more than 200 items, most priced under $50. The collection, available while supplies last, encompasses women’s, girls and baby apparel and accessories along with beauty and home décor items starting at a $4 price point. Target debuted a value-priced private label brand earlier this month.

More Trending

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Design Expert Tells All: What to Expect from Home Décor this Year, from the Calming to the Chaos

Retail TouchPoints

In the dynamic world of interior design, where change is not just a constant but a pulsating adventure, 2024 is set to be a thrilling year filled with transformative design trends. At Redecor, our lively team of interior design wizards have donned their trend-setting hats to forecast the upcoming waves of inspiration that will turn your living spaces into a dynamic river of creativity.

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Stormy Seas Ahead: Top Trends On The Horizon For Healthcare In 2024

Forrester eCommerce

Healthcare organizations (HCOs) are navigating turbulent waters as they confront long-standing industry challenges and broad economic currents. The convergence of these factors tests HCOs’ adaptability and resilience. In two new reports on healthcare trends, we explore how HCOs can weather the storm and overcome these challenges.

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How Hydra Health is Transforming the Hospital Gift Shop

Retail TouchPoints

Hospitals and medical campuses typically look at retail as an essentially insignificant element in their patient, visitor and employee experiences. That translates into gift shops and cafeteria spaces that are often sterile environments featuring the same mediocre-quality products and pre-packaged foods. Marie Kloor and her firm, Hydra Health , are focused on changing that.

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The Forrester Wave™: Learning Management Systems And Experience Platforms, Q1 2024 — Three Things I Learned

Forrester eCommerce

For the last six months, I’ve been deep in the weeds of evaluative research on learning platforms, and it has been eye-opening.

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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Building Loyalty Without Breaking the Bottom Line: the Dual Shipping Dilemma for Ecommerce Merchants

Retail TouchPoints

Online shopping is now easier than ever before, enabling consumers to purchase everything from socks to a dining room table from a computer at their home to a mobile phone in an airport terminal. While this is good news for many ecommerce retailers, it has also become more and more expensive to deliver those goods to customers. With rising fuel prices, supply chain and logistics challenges, and higher labor and production costs, retailers are struggling with how to efficiently deliver a high vol

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Walmart’s 3 Strategic Artificial Intelligence Investments

RIS News

Walmart Inc. reported a strong fourth quarter and executives detailed how the Walmart and Sam's Club are strategically investing in Artificial Intelligence, both in stores and online. Get the details.

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FuboTV Files Lawsuit Against Disney, Warner Bros. Discovery, and Fox

RetailWire

FuboTV, a sports streaming platform, has taken legal action to halt a collaborative effort by Disney's ESPN, Warner Bros. Discovery, and Fox. This move aims to thwart the partners' plan of offering a bundled sports streaming package, which Fubo claims promotes illegal market manipulation and undermines its competitors.

Marketing 105
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RFID has been around for decades. Now it’s becoming retailers’ best crime-fighting tool.

RetailDive

The tech has long been used for inventory management, but is being affixed to more merchandise and yielding more data.

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The Future of Multi-Vendor Commerce

In this on-demand webinar, discover how Logicbroker’s cutting-edge technology enhances the overall experience for both current and future customers and gain insights into how leveraging our seamless integration process unlocks new dimensions of efficiency and functionality. Plus, learn how our advanced marketplace features are set to revolutionize the way businesses operate, offering opportunities for growth and success within your multi-vendor commerce program.

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American Casino Patrons Gambled a Record $66.5B in 2023

RetailWire

American casino patrons gambled a record $66.5 billion in 2023. The total surpasses 2022’s previous high of $60.5 billion by 10%, marking the industry’s third-straight record revenue year.

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Adapting B2B Digital Marketing for the Modern Buyer Journey

Digital Doughnut

Digital marketing also allows for precise tracking and measurement of marketing efforts, enabling data-driven decision-making and optimization. In an increasingly competitive B2B landscape, a well-executed digital marketing strategy can give businesses a competitive edge, enhance brand reputation, and ultimately drive business growth.

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Beyond Meat Is Revitalizing Its Brand With Healthier Beef

RetailWire

Beyond Meat, based in El Segundo, California, is giving its popular plant-based burger a makeover in hopes of reigniting interest and sales in the United States.

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BNPL popularity rises among ‘financially fragile’ consumers

RetailDive

About 60% of that group has used BNPL five or more times in the past year, compared to just over 20% of financially stable consumers, the New York Fed said.

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Forrester Report: Demystifying The Technical Functions of POS Solutions

Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.

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The Rise of Organized Crime Hits Home Depot

RetailWire

A recent investigation into retail theft at Home Depot stores across Florida has uncovered a sophisticated operation involving grand theft and fraudulent barcode switching.

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Key Takeaways From the Wiser Industry Leaders Brand Panel: Sales Strategy and Technology

Wiser

A recent customer panel hosted by Wiser Solutions revealed critical insights that demonstrate the agility and adaptability of brands. As the world navigated the complexities brought on by COVID-19, retail strategies had to evolve rapidly to maintain a competitive edge. Leaders from top-performing brands shared their experiences and strategies covering a range of topics—from the impacts of the pandemic to the innovative use of technology and data in crafting successful sales strategies.

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American Airlines Passenger Tries To Open Door Mid-Flight

RetailWire

Flight 1219 from Albuquerque, New Mexico, to Chicago, Illinois, was forced to return to New Mexico shortly after taking off because of a disruptive passenger.

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Shein to debut spring-summer collection in shoppable livestream

RetailDive

The event, which is available on YouTube, X, Instagram and Facebook, builds off one that the fast-fashion giant held last fall.

Fashion 106
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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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How Optimizing Delivery Improves Customer Loyalty

RIS News

Delivery is a growing omnichannel experience. Exploding out of necessity during the pandemic, consumers continue to show a post-pandemic preference for having goods brought directly to their homes – such as a meal, clothing, or even groceries for the family.

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Charts: U.S. Small Business Trends Q1 2024

Practical eCommerce

January survey results from the National Federation of Independent Business are mostly gloomy. The post Charts: U.S. Small Business Trends Q1 2024 appeared first on Practical Ecommerce.

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S&P Global Ratings downgrades VF Corp, expects sale of at least one major brand

RetailDive

Declines at VF’s top four labels will likely continue amid weakness in wholesale and direct-to-consumer sales — and not just at Vans.

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A quarter of shoppers will now only shop with retailers offering loyalty member pricing, according the Retail Technology Show research

365 Retail

With supermarkets including Sainsbury’s, Morrisons, M&S and Coop following Tesco’s lead, launching discounted prices exclusively for loyalty scheme members, the popularity of these programmes has risen among price-conscious shoppers, according to the latest research from Retail Technology Show (RTS), the leading event that connects retail’s changemakers and leading tech innovators.

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The B2B Digital Commerce Playbook for Manufacturers

In this comprehensive guide, we delve into four essential ecommerce strategies for manufacturers. Each strategy is backed by a clear vision to ensure your efforts are aligned. Whether you’re a seasoned industry player or a budding digitalization champion, these strategies offer actionable insights to drive success. What will you find in the guide: Overview of how current events and external pressures impact business priorities.

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15 Best Places To Sell Clothes Online With Minimal Fees

eCommerce CEO

So, you’re intrigued by the idea of selling clothes online? Whether you’re looking to tidy up your closet for extra cash or toying with launching.

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bp Continues to Strengthen Retail Team With the Appointment of David Phillpot as Convenience Trading Director, Europe

365 Retail

bp has announced the appointment of David Phillpot as convenience trading director, Europe. David joins bp from iconic retailer M&S and brings over 25 years of experience in diverse food retail roles. In his most recent role as franchise director, he led relationships and commercial plans with all of the M&S franchise partners, including bp.

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Expert analysts consider what the technical recession means for consumer spending

TalkingRetail

As the UK slipped into technical recession, the fall in economic output was steeper than most economists expected, with the economy barely growing over the course of last year.

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Atria Watford Welcomes New Stores Including B&M

365 Retail

Atria Watford, a prominent retail and leisure hub in the UK, managed by Global Mutual and asset owned by SGS, with Savills overseeing property management, is set to introduce new stores to its portfolio. B&M is slated to open its inaugural store at the centre later this year, alongside Choice Discount, and a joint Peacocks and Bonmarché store, all anticipated to commence operations in the latter half of the year.

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The Personalization Playbook: 2024 Strategies

Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.