Wed.Dec 27, 2023

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Charts: Shipping Priorities of Online Consumers

Practical eCommerce

Two separate surveys of U.S. ecommerce shoppers report similar findings: free shipping is a priority. The post Charts: Shipping Priorities of Online Consumers appeared first on Practical Ecommerce.

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CX Transformation Is Tough — Equip Your Org To Go The Distance

Forrester eCommerce

Danger! Obstacles Ahead! Customer experience (CX) has been a professional competency for two decades, and “Prove CX ROI” is still our CX clients’ top priority! Forrester’s data shows that 86% of CX professionals are building (or rebuilding) their business cases.

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NRF: Returns Reach 14.5% of Sales in 2023, Fraud Contributed $101 Billion in Losses

Retail TouchPoints

Returns totaled $743 billion in 2023, amounting to 14.5% of all retail sales, according to a report from the National Retail Federation and Appriss Retail. This means that for every $1 billion in sales, the average retailer incurred $145 million in merchandise returns. As is typically the case, online sales saw a higher return rate in 2023 at 17.6% compared to 10.02% for pure brick-and-mortar returns (excluding online orders that were returned in-store).

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Digitize Your Workflow for Sustainability and Accessibility

Forrester eCommerce

In this blog, I look at digitizing an employee experience for both the benefits of sustainability and accessibility. While digitization is relatively easy with a broad technology landscape, making changes for sustainability or accessibility is much harder to do.

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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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Maximizing Profitability: How to Improve 4 Key Areas of the CPG Product Lifecycle

Retail TouchPoints

Consumer packaged goods (CPG) companies are obsessed with two things: maximizing revenue and minimizing operational expenses. The same could be true of all for-profit organizations, but the CPG industry is unique in its unrelenting pace of new product launches designed to woo or wow an audience that has grown accustomed to constant change. However, due in part to pandemic-related workforce disruptions and supply chain challenges, new CPG product introductions declined by 16% over the past four y

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Jeroen van der Most to showcase technology, art and AI in Keynote and Bee Barcelona Performance at ISE 2024

365 Retail

Dutch digital artist, Jeroen van der Most, has been confirmed as a keynote speaker for day 2 of ISE 2024 (30 January – 2 February 2024). Known for his innovative approach to art, Jeroen has been at the forefront of integrating data, algorithms, and artificial intelligence into his creative endeavours since 2010. Jeroen has had art projects commissioned for organisations including Amnesty International, NVIDIA, NH hotels, Sogeti, and Nike – Footlocker.

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More Trending

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Minimum Wages Increase in 22 States After the New Year

RetailWire

As the calendar turns to a fresh new year, there's a financial silver lining for minimum-wage earners across 22 states. Approximately 9.9 million workers will see a significant surge in their paychecks.

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Returns are the last, but not least, component of a holiday CX strategy

RetailDive

The last thing retailers should do is make gift recipients feel guilty for making a return, according to experts.

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Intel’s Historic $25 Billion Chipmaking Investment in Israel

RetailWire

The Israeli government and U.S. tech titan Intel are partnering to construct a massive $25 billion chipmaking facility in southern Israel.

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The Retailer's New Edge for 2024: The Intelligent Automation of WFM

RIS News

In this live webinar session, discover how intelligent automation is revolutionizing workforce management in retail.

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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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Robot Attacked Tesla Worker at Texas Factory

RetailWire

A Tesla software engineer was brutally attacked by a robot and experienced serious injuries as a result of a malfunction at the company's Giga Texas factory in Austin.

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Independent Retailers Association Warns of Difficult Year Ahead for Traders

365 Retail

The British Independent Retailers Association has said 2024 is anticipated to be a challenging period for shop keepers as economic challengers are still set to bite. Bira, which works with over 6,000 independent businesses of all sizes across the UK, said they were expecting more challenges coming up in the coming months – and urged businesses to prioritise resilience and adaptability.

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Kids Prefer YouTube to Streaming Services Like Netflix

RetailWire

Streaming services like Netflix are pulling back on their investments in children's content after learning that kids increasingly prefer to consume content on YouTube.

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To DM, or Not to DM? Brands Need to Earn Their Place in a Customer’s Inner Circle

Digital Doughnut

41% would be open to communication on their personal channels, such as WhatsApp, which brands can now get right each time through AI. 41% would be open to communication on their personal channels, such as WhatsApp, which brands can now get right each time through AI.

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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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1-Cent Jr. Bacon Cheeseburger at Wendy’s for National Bacon Day

RetailWire

Wendy's is making sure consumers will be bringing home the bacon.

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Zulily Shuts Down and Exits the Retail Market

RetailWire

Zulily, an online retail platform specializing in women's and children's apparel, has announced that it's closing its doors for good.

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Tesla Readies for Next Big Launch: Updated Model Y

RetailWire

Tesla Inc., the industry-leading EV manufacturer, is reportedly getting set to launch an upgraded version of its highly successful Model Y from its Shanghai production facility.

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Apple Resumes Smartwatch Sales After Patent Dispute

RetailWire

Apple has won an appeal to resume selling its smartwatches after the U.S. Court of Appeals for the Federal Circuit paused an import ban.

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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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New York Times Sues OpenAI and Microsoft Over Copyright Infringement

RetailWire

The New York Times has initiated legal proceedings against OpenAI and Microsoft, alleging infringement of copyrighted material.

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Squishmallows Take Over McDonald’s Happy Meals Nationwide

RetailWire

McDonald's across the U.S. has begun featuring Squishmallows in its Happy Meals.

Toys 59
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Florida Airports Facing Major Delays After Christmas

RetailWire

As Sunshine State travelers return from their holiday getaways, they are facing major delays.

Travel 52
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Amazon Prime Will Run Ads Unless Users Fork Over Extra Cash

RetailWire

The streaming giant is asking users to spend even more money for ad-free viewing.

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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.