Wed.Jan 03, 2024

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Rethinking Returns: Innovative Strategies for Retailers to Drive Growth in 2024

Retail TouchPoints

Long viewed as a necessary evil, the retail returns process is emerging as an unexpected avenue for growth and customer engagement. In the rapidly expanding ecommerce market, projected to reach $3 billion in 2023, a significant 20% to 30% of online purchases end up being returned. This substantial return rate highlights a vital opportunity for retail leaders: by revamping the often-overlooked returns process, retailers can unlock a new avenue for driving customer satisfaction and business growth

Retail 273
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The DoD Releases CMMC 2.0 As Its Holiday Gift To The Public

Forrester eCommerce

Twas the night before Christmas, when all through the house, not a creature was stirring, not even a mouse. Defense contractors (and subcontractors) were nestled, all snug in their beds. With visions of security requirements swirling through their heads.

Gifts 264
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Asda Hires First Digital Chief, Expands Efforts to Encourage Girls to Consider Careers in Tech

Retail TouchPoints

UK supermarket chain Asda is fortifying its digital foundation both for the present and the future. The company has appointed Morrisons executive Matt Kelleher as its first Chief Digital Officer and plans to double the number of workshops it hosts this year in partnership with Girls in Data , an organization that encourages girls to consider careers in technology.

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All Brands Need A DTC Digital Strategy; But Not Necessarily Direct Digital Sales

Forrester eCommerce

Should all brands sell directly to consumers (DTC) online? How should brands work with online marketplaces? What does DTC mean for existing retail partner and distributor relationships? Consumer facing brands still have a lot of questions about their direct-to-consumer (DTC) digital engagement and commerce capabilities. But the opportunities are not one-size-fits-all.

Consumer 217
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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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Klaviyo Vs Attentive: Which Email and SMS eCommerce Marketing Platform You Should Choose in 2024 & Beyond

Groove

From detailed functionality and features to honest pros and cons, this guide reveals all you need to know about BigCommerce and Shopify.

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The Body Shop Assortment Certified as 100% Vegan

Retail TouchPoints

All of the products sold by The Body Shop have officially been certified as having 100% vegan formulations by The Vegan Society. This marks a major milestone for the socially conscious beauty retailer, which was founded in 1989 with the goal of making cruelty-free beauty more common and accessible. In 2021, The Body Shop set a goal of making all of its products 100% vegan; at the time, 60% of its products already carried The Vegan Society certification.

Other 173

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Pitney Bowes, PackageHub Launch Returns Drop-Off Network

Retail TouchPoints

Pitney Bowes and PackageHub have debuted a no-box, no-label returns drop-off network at nearly 1,000 locations nationwide, with the promise of hundreds more launching soon. These new returns locations augment the existing network of 30,000 postal locations where Pitney Bowes currently offers no-label returns. Online retailers that currently use the Pitney Bowes return service and its platform partners will gain immediate access to the new network, with no additional integration required.

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Apple Shares Drop to Lowest in 7 Weeks After Barclays Downgrade

RetailWire

On Tuesday, Apple fell by almost 3.6% to a low that has not been experienced in seven weeks after Barclays downgraded the shares due to concerns that demand for its devices will still be fragile in 2024.

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SportsShoes.com Enters Global Partnership with Parkrun

365 Retail

SportsShoes.com has recently established a significant global partnership with parkrun , a community event network. This collaboration positions SportsShoes.com as parkrun’s exclusive retail partner in the UK and extends support to the global parkrun community, particularly in the procurement and distribution of parkrun merchandise. This partnership is a milestone for SportsShoes.com , representing its largest retail alliance to date.

Events 108
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Early Findings Show Moderate Growth Downturn in 2023 Holiday Sales, Despite Strong Consumer Spending

RIS News

Another holiday season is behind us, and retailers will now begin reflecting on their performance. Some early results show U.S. retail sales during the 2023 holiday season grew by 3.1% year-over-year, falling short of predictions and the previous year's figures.

Consumer 107
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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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Retailers took back $743B in returns last year, with $101B lost to fraud: NRF

RetailDive

E-commerce has led to more returns, which many retailers are working to mitigate, per a report from the National Retail Federation and Appriss Retail.

eCommerce 113
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Omnichannel Is Getting Better, But There Is Still Work to Be Done

RIS News

Recent years have seen retailers invest heavily in creating coherent omnichannel experiences for their customers across both their physical and digital footprints. Learn more.

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How to Sell Seasonal Products on Amazon and Get Profit

Algopix

Welcome to the ever-shifting landscape of e-commerce, where mastering the intricate dance of seasonal selling on Amazon can transform your business into a profit powerhouse. The ebb and flow of consumer demand during holidays, weather transitions, or special events present golden opportunities for savvy sellers. In this exhaustive guide, we’ll not only delve into strategies, tips, and best practices but also unravel the layers of nuance that can elevate your seasonal selling game on Amazon

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December 2023 SEO News Recap

ROI Revolution

Welcome to our December 2023 SEO News Recap! In November , we shared the latest on recent core algorithm updates, AI-augmented search creating content for users vs. for Google, and more. This month, we have the latest news on more algorithm updates, Bing Chat, how Google is using AI to understand videos, and more. Jump to each December 2023 SEO News Recap news topic using the links below: The Last Reviews Update Is Complete Google Introduces Gemini New Robots.txt Report in GSC Video Mode Changes

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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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Ground Beef Recall: Over 7,000 Pounds May Be Contaminated With E. Coli

RetailWire

Over 7,000 pounds of ground beef may be contaminated with E. coli. The meat was shipped to four states and was set to be dispensed to restaurants.

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Charts: Global Investor Trends for AI, Sustainability

Practical eCommerce

Concerns of global investors are easing compared to a year ago. AI and sustainability remain top priorities. The post Charts: Global Investor Trends for AI, Sustainability appeared first on Practical Ecommerce.

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Container Store Announces Key Leadership Appointments for Custom Spaces Strategy

RIS News

The Container Store has appointed Lindy Rawlinson as chief digital officer and Jennifer Pape as SVP of Stores, signaling an increased focus on its "Custom Spaces" business. Get the details.

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2024 Girl Scout Cookie Season Is Fast Approaching

RetailWire

Every year, Girl Scouts cookies garner a large consumer fan following, and this year, things don't seem to be any different.

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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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Spin Master Finalizes Melissa & Doug Acquisition

RIS News

Global children’s entertainment company Spin Master Corp. has finalized its acquisition of toy brand Melissa & Doug. Get the details.

Toys 97
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Ecommerce Product Releases: January 3, 2024

Practical eCommerce

This week: new tools for website builders, email marketing, livestream shopping, mobile shopping, chatbots, international shipping, and virtual product simulators. The post Ecommerce Product Releases: January 3, 2024 appeared first on Practical Ecommerce.

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Halsey’s Gen Z-focused beauty brand AF94 partners with Ulta Beauty

RetailDive

The makeup brand launched on Ulta’s website on Dec. 24 and will head to select stores beginning Jan. 14.

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The O2 Marks a Record Year in 2023 with Substantial Growth in Visitor Numbers and Sales

365 Retail

In 2023, The O2, managed by Waterfront Limited Partnership—a joint venture of AEG and Crosstree Real Estate Partners—witnessed unprecedented success. The celebrated destination recorded a significant increase in visitor footfall and sales, emphasizing its position as a sought-after location for live entertainment, leisure, and retail experiences. Throughout the year, The O2 attracted over 8.9 million visitors, marking a 17% increase from 2022.

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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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Shiseido to acquire Dr. Dennis Gross

RetailDive

The deal, which is expected to close in the first quarter, could accelerate Shiseido’s growth in the Americas.

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MADL supports UK food pantries through Heart of the Community Awards

TalkingRetail

Nisa’s Making a Difference Locally (MADL) charity has announced the launch of its first Heart of the Community Awards for 2024. The awards will be supporting food pantries across the UK with an overall £50,000 fund available for Nisa retailers to nominate local causes.

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Exclusive Valentine’s Day Stanley Cups Are Causing a Ruckus at Target

RetailWire

As we approach the second month of the year, love is definitely in the air, and so is the frenzy for Target's limited-edition Valentine's Day Stanley Cups.

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Stores experience busiest Christmas since 2019

TalkingRetail

Multiples and independents saw their highest level of transactions in December since 2019, according to the marketing data and analytics company Kantar.

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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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“We Back” @ Decor & More

Canadian Special Events

The “We Back” event by Decor & More was nominated for “Best Micro Event” The purpose of the event was to provide guests with a fun evening in a unique venue. Visitors were welcomed into the lounge area by custom vinyl-wrapped “Pop-a-shot” nets, lounges designed in monochromatic styles and branded walls. “We Back” was a night of celebrating “Being Home” once again and saluting the media outlets that cover the Toronto Raptors organiza

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Kellanova goes for growth in 2024

TalkingRetail

Kellanova, the company behind Kellogg’s and Pringles, has announced its plans to continue to drive growth in 2024, with a strong commitment to the symbols and independents channel.

Channel 52
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Financing Your Retail Business In 2024 — Eight Tips & Best Practices

RetailMinded

Engaging in a retail business can be quite a merry-go-round affair. You’ll see that the business trend and landscape sometimes evolve and run in circles too fast before you’ve even started with a strategy. That’s why you need something to ride along the changing episodes and phases of every industry you want to engage in. At the same time, you need to greet and meet every customer’s need and answer the lifestyle wants of your market as a whole.

Retail 52
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Invest in Movement: The Financial Advantages of Renting Cars, Demonstrated through the UAE Perspective

365 Retail

The UAE, known for its opulence and thriving economy, has witnessed significant growth in the car rental industry. The recent generation has let go of the older mentality that owning a car symbolizes status and luxury. Instead, the world embraces the freedom that comes with car renting. With the Emirate being a popular tourist destination, the surge in the car rental industry keeps increasing.

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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.