Fri.Jan 05, 2024

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Why Personalization Can Survive the Loss of Third-Party Cookies

Retail TouchPoints

Personalization is at something of a crossroads. The New Year saw a key step in the coming deprecation of third-party cookies, which have been one of marketers’ most powerful tools for tracking online activity for many years. A small group ( 1% ) of Google Chrome users are now eligible for Tracking Protection , which restricts the use of these cookies by default.

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7 New Year’s resolutions to maximize the value of your event data!

Forrester eCommerce

Effectively operationalising B2B events data is crucial to leveraging an underutilized yet invaluable source of first party audience data.

Events 276
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Aldi Deploys Supply Chain Solution to Centralize and Manage Global Shipping and Logistics

Retail TouchPoints

Aldi International Buying Asia , the discount supermarket’s Hong Kong-based hub for sourcing Asian products and global ocean freight logistics, has adopted the One Network Intelligent Control Tower on the solution provider’s Digital Supply Chain Network. The technology will help Aldi centralize global shipping volume, increase cost transparency and improve its control over the movement of goods throughout the supply chain, as well as develop a strategic ocean freight procurement strategy.

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Rising Fast-Food Prices Spark Nationwide Concern

RetailWire

The nation has witnessed a widespread uptick in fast-food prices, primarily attributed to the escalating operational costs, especially labor.

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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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AI Robotics will Drive the Future of Ecommerce

Retail TouchPoints

Supply chains have always been critically important. When retailers invest correctly, logistics presents the opportunity for not only hard cost savings but long-term value creation as organizations find innovative ways to deliver products into the hands of consumers. Logistics operations have been the backbone of our global economy for centuries. And while mainstream audiences have only recently started to grasp the vital role they play in our daily lives, we have actually made more improvements

eCommerce 259
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AMC Hits Record Low and Struggles To Improve

RetailWire

AMC Entertainment Holdings Inc.'s stock is plummeting. The company's shares marked a record low yet again this Thursday, closing at a meager $5.30, down by 5%. This makes it the fourth day in a row of losses for the movie theater chain.

More Trending

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How to make a website from scratch: ecommerce beginners’ guide

Omnisend

Reading Time: 14 minutes Worried that website building can be too technical and overwhelming, or requires learning how to code? Then we’ve got good news: creating an online store doesn’t have to be complex or time-consuming anymore. Today’s ecommerce website builders require no coding or design skills, so are perfect for beginners. And with most businesses gearing towards offering a digital-first shopping experience to their customers, websites are a crucial part of every marketing strategy.

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Walmart Releases Software Development Kit to Simplify In-Game Commerce Integrations

Retail TouchPoints

Walmart has teamed up with gaming development platform Unity to offer its developers the ability to integrate Walmart commerce functionality into the games and apps they build. Unity is one of leading platforms for the development of real-time 3D content, with a suite of software and AI solutions that enable game and app developers to build and run immersive 2D and 3D content and experiences for mobile phones, tablets, PCs, consoles and augmented and virtual reality devices.

Games 252
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Cross-selling vs upselling: key differences and strategies

Omnisend

Reading Time: 7 minutes It’s a common myth that cross-selling and upselling are pushy marketing tactics used to trick customers into spending more. When used right, these strategies can enhance customer experience and build long-term relationships. The key is to have the customer’s interests in mind. By providing value, you can create a memorable shopping experience for your customers.

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Sycamore Completes $1 Billion Chico’s Acquisition, Adds Brands to KnitWell Group

Retail TouchPoints

Private equity firm Sycamore Partners has completed its acquisition of Chico’s FAS in an all-cash transaction valued at $1 billion. The Chico’s , White House Black Market and Soma brands will now join the KnitWell Group , a holding company Sycamore Partners created for the Ann Taylor , Loft and Talbots brands in September 2023. With the addition of the Chico’s brands, KnitWell generates approximately $6 billion in annual sales.

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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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Brand Building Is World Building

Practical eCommerce

Joe Anhalt, a growth marketer, says merchants should bring shoppers into their world. He says brand-building is world-building. The post Brand Building Is World Building appeared first on Practical Ecommerce.

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Parent of Performance Sports Brands Arc’teryx and Wilson Plans IPO

Retail TouchPoints

Helsinki-based Amer Sports , parent company of brands including Wilson , Salomon , Peak Performance and Arc’teryx , has filed for an IPO with the U.S. Securities and Exchange Commission. No information about the number of shares to be offered, their price or the IPO’s date is currently available. The company’s sports and outdoor brands offer apparel, footwear, equipment, protective gear and accessories and employ 10,800 people globally.

Outdoor 223
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Amer Sports files for IPO

RetailDive

The company behind Wilson tennis rackets and Arc'teryx winter sport apparel is focused on adding physical stores and growing its DTC presence.

Apparel 102
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The ultimate guide to WordPress dropshipping in 2024

Omnisend

Reading Time: 9 minutes Many people believe that WordPress dropshipping is difficult for beginners. The truth is that WordPress dropshipping platforms often come with user-friendly interfaces. They also offer comprehensive guides to make it easier for beginners to get started. If you want to start a WordPress site for dropshipping but have no idea how, you’re in the right place.

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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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US Economy Adds Over 200K Jobs in December 2023, Wages Up

RetailWire

Job additions exceeded original projections for the month of December, and the unemployment rate remains unchanged.

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Chico’s joins Sycamore’s KnitWell Group

RetailDive

Last year the private equity firm announced it would acquire the apparel conglomerate for $1 billion.

Apparel 109
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Navigating the Wonders of Snowflake Stages

Canonicalized

Dive into the world of Snowflake Stages with our down-to-earth guide. From external vacations in the cloud to private data lockers, we break down the types and creation process. No rocket science, just straightforward tips. Access your data stages without VIP passes, and let the Snowflake COPY INTO command be your digital moving crew. Keep it practical in the cloud with Snowflake stages—because your data deserves a hassle-free journey!

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The Weekly Closeout: Conair names new president, CEO and what’s the path forward for Nike?

RetailDive

Kristie Juster will take on both roles at the product company, while Nike is rethinking its relationship with DTC.

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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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Integrated Systems Europe 2024: A Hub of Innovation and Insight for Retail Professionals

365 Retail

Integrated Systems Europe (ISE) 2024 is gearing up to celebrate its 20th anniversary , marking a pivotal moment for professionals in the pro AV and systems integration sectors, especially those focused on retail. The event is set to take place from January 30 to February 2, 2024, at the prestigious Fira Barcelona Gran Via. This year, ISE promises a deep dive into retail technology and digital innovation, showcasing the latest trends and advancements in the industry.

Events 67
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CVS Pharmacy introduces 2-tiered loyalty program

RetailDive

The drugstore retailer is offering a free tier and another that costs $5 per month, touting perks like discounts, same-day delivery and other incentives.

Other 77
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Costco Gives Winning Response to Workers’ Union

RetailWire

Costco workers in Norfolk, Virginia, voted to improve working conditions at the wholesale retail chain in December by unionizing, and the response from Costo was surprising yet went down very well with workers.

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The Body Shop reaches all-vegan product formulations

RetailDive

All current products have been certified by The Vegan Society, a goal the company has pursued since setting the target in 2021.

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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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Eli Lilly Uses LilyDirect To Sell Weight Loss Drugs Straight to Consumers

RetailWire

Eli Lilly is primed to redefine the traditional drug distribution model by vending their medicines, particularly their burgeoning weight-loss drugs, directly to consumers.

Vend 59
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Influencer Jaclyn Hill’s namesake beauty brand shuts down

RetailDive

Jaclyn Cosmetics was housed under Forma Brands, which filed for bankruptcy in early 2023.

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Pharrell Williams’ First Collection for Louis Vuitton Is in Stores Now

RetailWire

From music to menswear, Pharrell Williams marries his talents to make his mark in the fashion industry with his spring 2024 menswear collection for Louis Vuitton.

Fashion 59
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Booker invests ÂŁ5m in New Year promotions

TalkingRetail

Booker has launched a ÂŁ5m January promotion across the UK. This campaign features a variety of deals, including 12 buy-one-get-one-free offers and five half-price bargains, as well as Jack's own-label reductions.

Retail 52
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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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How Product Taxonomy Powers eCommerce

Pivotree Blog

by Robin Peterson With the rise of online shopping, navigating an eCommerce site has become intuitive for many of us. eCommerce hierarchies are a familiar part of this experience. If you are shopping for an artificial Christmas tree from a home improvement retailer, you will probably click on a parent category such as “Holiday Decorations” before you select “Artificial Christmas Trees.

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Sainsbury’s puts up wages again as retail staff pay battle continues

TalkingRetail

Sainsbury's has announced pay rises from March as supermarkets continue their battle to retain and recruit staff. The supermarket will put up minimum pay for staff outside London to ÂŁ12 an hour, with wages in the capital rising to ÂŁ13.15 an hour.

Retail 52
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Improve business performance with better returns management

Pivotree Blog

Let’s face it. Returns are expensive. It is estimated that when a product is returned, a seller will touch it 11 times to process that return. The lost sale is just the beginning of a series of costs that mount up: labor and restocking, extra shipping and delivery costs, plus the environmental cost of transportation and replacing the inventory. It is estimated that at least 30% of all products purchased online are returned.

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Spar launches New Year offers to save customers money

TalkingRetail

Spar is running a range of January deals by offering various staples from £1.25. From this week, shoppers will be able to buy own-label items, plus household names such as Baxter’s soups and Robinsons squash, all for £1.25.

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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.