Wed.Jan 31, 2024

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Charts: Ecommerce in Emerging Markets 2024

Practical eCommerce

Most of the growth in global ecommerce is from Southeast Asia, Latin America, and Asia. The post Charts: Ecommerce in Emerging Markets 2024 appeared first on Practical Ecommerce.

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Amazon Adds Social Media Twist to Online Shopping With Consult-a-Friend and Inspire

RIS News

Amazon is incorporating some social media-style capabilities into its online shopping experience, introducing a Consult-a-Friend functionality that tracks feedback from multiple people across messaging apps.

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Tear Down The Tiered Analyst System In The SOC

Forrester eCommerce

Level 1 SOC analysts have the worst job in the cybersecurity world. The role of L1 SOC analyst can be repetitive, tedious, and (often) boring. Despite this, L1 SOC analyst is also one of the most vital roles for the future of the security organization.

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CI&T Research: Price-Conscious Consumers Still Want Stellar Shopping Experiences

Retail TouchPoints

We’ve all heard that today’s empowered consumer demands seamless and consistent experiences, but new research from CI&T indicates that these expectations are higher than ever. As a result, brands and retailers have had to up their game for their omnichannel strategies to ensure they have the new features and functionality that consumers require to find the best products at the best price.

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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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High-Performance IT: The Tech Industry Must Rethink Strategy To Help CIOs Deliver

Forrester eCommerce

In 2024, Forrester estimates that tech spending will reach $4.7 trillion, up 5.3% over 2023 – faster than GDP once again. This reflects the rising importance of information technology in business, governments, education, and society.

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Personalization at Scale: How SMS Helped PERC Coffee Untangle its Marketing Campaigns

Retail TouchPoints

Lately, Intuit Mailchimp has been laser focused on solving our customers’ clustomer problem. Yes, clustomer — the unsegmented recipients of an email marketing campaign that may or may not be relevant to them. In our recent survey with Edelman DXI , we found that customers are 87% more likely to click into an email if it’s personalized to them, and 71% of customers are more likely to purchase from a company that sends them personalized email.

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More Trending

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Walmart to Add 150 New Stores Over Next 5 Years, Remodel 650 More

Retail TouchPoints

Walmart plans to build or convert more than 150 stores over the next five years while continuing its program to remodel existing stores. Additionally, over the next 12 months 650 stores will be remodeled across 47 states and Puerto Rico. In announcing the news, Walmart U.S. President and CEO John Furner placed a heavy emphasis on the job creation that will accompany these initiatives, pointing out that in addition to the “ tens of thousands ” of jobs that will be created in support of these infr

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Location Intelligence Sees Strong Investment On The Back Of Covid, Climate Change, And Supply Chain Shocks

Forrester eCommerce

Understand the current state of location intelligence, the value it adds to your industry and key trends shaping adoption of the technology.

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H&M Taps Insider for Combined CEO and President Role

Retail TouchPoints

H&M Hennes & Mauritz AB has named Daniel Ervér, previously responsible for the H&M brand, as President and CEO of the entire H&M group. He will remain responsible for the H&M brand, so the company will not seek a successor for the President role. Ervér succeeds Helena Helmersson, who is stepping down as CEO and leaving the company after 26 years.

Fashion 239
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SAP shares reached a record high; restructures 8000 jobs and lures customers with Cloud ERP migration discounts.

Forrester eCommerce

Existing SAP ECC customer or recent on-prem SAP S/4HANA customer? Take advantage of the new RISE migration discounts in 2024.

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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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Shuttered Zulily Taps Gordon Brothers to Handle Sale of Inventory and Fulfillment Center Assets

Retail TouchPoints

Zulily Group has engaged the advisory firm Gordon Brothers to sell off more than $85 million of inventory and the assets of its two fulfillment centers following the online retailer’s decision late last year to shut down. Screenshot of the Zulily website from December 2023 highlighting the going-out-of-business sale. News of the wind-down first broke in December 2023 , when the company began to advertise a liquidation sale on its website and filed several Worker Adjustment and Retraining Notific

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‘This is natural evolution’: Saks and Neiman Marcus on the state of luxury

RetailDive

As a new year starts, Geoffroy van Raemdonck and Marc Metrick share thoughts on luxury e-commerce, when the market might recover and how the consumer is doing.

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Fanatics Commerce Brings in 3 New Execs to Support Global Growth Goals 

Retail TouchPoints

Fanatics Commerce , the fan gear designer, manufacturing and retail division of the Fanatics digital sports platform, has made three new executive appointments to drive its next phase of growth. In the C-level, Fanatics Commerce has appointed Valerie Love as its new Chief People Officer and Justin Tsai as Chief Product Officer. As Chief People Officer, Love will be responsible for all strategic human resources initiatives for the business.

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Hesitant to Try Generative AI? Here Are a Few Easy Ways to Make Your Work Easier and Visual Content Better in 2024

Digital Doughnut

Without question, 2023 was the year of generative AI (gen AI). Since ChatGPT’s viral launch in November 2022 professionals in nearly every field, from the arts to the enterprise, have been discovering creative use cases for this promising new technology. According to our 2023 State of Visual Media report, web developers strongly believe that gen AI will make their jobs easier: a full 99% see its potential to improve the developer experience significantly.

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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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Walmart Stock Grants Shake Up Pay, Making $400K Salaries Possibility for Store Managers

RIS News

Taking into consideration updated salaries, attainable annual bonuses, and the complete $20,000 stock grant, a U.S.-based Walmart Supercenter manager could, in theory, secure an annual income exceeding $400,000.

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H&M Group CEO is out

RetailDive

Helena Helmersson unexpectedly stepped down after four years at the helm, replaced by Daniel Ervér, chief of the company’s namesake brand.

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Starbucks Spring Menu Brings New Drinks for 2024

RetailWire

Starbuck is getting ready to welcome spring 2024 by embracing the trending lavender flavor across its menu.

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PXM Is Misunderstood – Debunking 3 Common Misconceptions

RIS News

PXM's potential remains underutilized by some retailers due to three common misconceptions. Learn more.

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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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Walmart announces ambitious 5-year store plan

RetailDive

The retailer aims to build or convert more than 150 locations by 2029 and remodel 650 stores during the next 12 months.

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Talking Shop: Building a Lifestyle Brand with Live Bearded

Smile.io

Everybody wants to feel like they’re a part of something. Humans crave connection and community because it leaves us with a sense of belonging. And it’s no different when it comes to your customers.  This month, we sat down with a brand that embeds community into every part of its business. Founded in 2016 by friends Anthony and Spencer, Live Bearded is a beard grooming and care brand.

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Prestige beauty brand sales growth surpasses mass market beauty brands: Circana

RetailDive

Despite current economic uncertainty, beauty retail sales are predicted to continue growing in the coming years.

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Latest GRIDSERVE Electric Retail Hub Opens at Dobbies Edinburgh

365 Retail

The latest GRIDSERVE Electric Retail Hub has opened at Dobbies Edinburgh, as part of a long term partnership between the charging company and garden centre to increase the number of High Power charging locations across the UK. Dobbies Edinburgh, located in Lasswade, now features 6 GRIDSERVE charging bays to ensure space for all visitors, including two accessible bays for those with additional requirements.

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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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DTC’s outlook for 2024

RetailDive

As the new year kicks off, the space has already seen many C-suite changes, acquisitions and sales.

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Jollyes to Surpass 100 Stores with New Openings in Belfast, Newport, and Rotherham

365 Retail

Jollyes, the pet retail chain crowned as the Pet Industry Federation’s Retail Chain of the Year, is set to achieve a significant expansion milestone. The company has announced the opening of three new stores, which will propel its total store count beyond the 100 mark for the first time. These new locations include Belfast Connswater in Northern Ireland, Newport in Gwent, and Rotherham in South Yorkshire, set to open on 23 February, 1 March, and 22 March respectively.

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Hairitage adds CVS, HEB and Kroger to its wholesale roster

RetailDive

The channel expansion comes after the hair care brand in 2020 launched exclusively at Walmart.

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UPS To Lay Off 12,000 Employees After Falling Revenues

RetailWire

UPS fell short of Wall Street's projected revenues in the fourth quarter of 2023, seeing drops in both international and domestic shipping volumes. To top it off, the company is gearing up for an even more daunting 2024, with plans to lay off 12,000 of its workers.

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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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Retail can respond positively to rising consumer confidence, says BHN VP

TalkingRetail

Following GFK’s recent report showing UK Consumer confidence up three points to -19 in January, Anna Uprichard, vice-president of commerce at BHN (Blackhawk Network) has commented on why consumer confidence is on the rise and how businesses can utilise this positive shift.

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Tom Brady takes his fitness, apparel brands to Nobull

RetailDive

The retired NFL star's enterprises shuttered their Boston-area stores last year.

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Convenience retailer input omitted from vaping & tobacco consultation, says SGF

TalkingRetail

The Scottish Grocers Federation has raised concerns that convenience retailers, and anyone linked to the sale of tobacco products, have been officially excluded from the government response to its consultation on ‘Creating a smoke-free generation and tackling youth vaping’.

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Walmart announces 3-for-1 stock split

RetailDive

The retailer said the move, the 12th in its history, will keep share purchase prices within reach for associates.

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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.