Tue.Jul 18, 2023

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Global Ecommerce: International Market Challenges and More | Salsify

Salsify

Consumers are no longer limited to buying from shops in their local vicinity. Global ecommerce has made it possible for them to buy almost anything from anywhere, presenting an exciting opportunity for brands all over the world.

eCommerce 147
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Reports: David’s Bridal Sold in Deal That Keeps Nearly 200 Stores Open

Retail TouchPoints

David’s Bridal , which declared bankruptcy in April 2023, has been sold to CION Investment Corp. in a no-cash transaction, according to multiple media reports. The deal, which has been approved by the U.S. Bankruptcy Court for the District of New Jersey, would keep approximately 195 brick-and-mortar stores open and maintain the jobs of 7,000 of the retailer’s 10,000 employees.

Article 241
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477: Million Dollar Business Ideas Free For The Taking Part 2 With Nick Loper

My Wife Quit Her Job

Today I’m thrilled to have Nick Loper back on the show for the third time. Nick is the host of the popular podcast, Side Hustle Nation, where he breaks down different ways to make money on the side. The last time I had Nick on the podcast was back in episode 429, where we gave out a bunch of million-dollar business ideas. This episode was so popular that I decided to do another round with Nick.

eCommerce 228
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Temu Sues Shein for Anticompetitive Practices with Manufacturers

Retail TouchPoints

The competition between discount shopping apps Temu and Shein is increasingly playing out in the courts. In its latest salvo, Temu has accused Shein of anticompetitive practices in a lawsuit filed in a Massachusetts District Court on July 14. Temu alleges that Shein has “engaged in a campaign of threats, intimidation, false assertions of infringement, attempts to impose baseless punitive fines and has forced exclusive dealing arrangements” with the clothing manufacturers that both apps rely on f

Fashion 229
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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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Unpacking DLP: The Concept Versus The Control

Forrester eCommerce

Data loss prevention (DLP) strategy and approach is an evergreen topic in the ongoing guidance sessions I have with clients, where I hear: 1) We must have this, we already have it, and we are not happy with what we currently have; 2) We have this, and we don’t want it anymore; or 3) We […]

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Customer Base, Digital Capabilities and Strategic Synergies are Driving Valuations in DTC Mergers and Acquisitions

Retail TouchPoints

The mergers and acquisitions market remains strong for direct-to-consumer firms that operate across a spectrum of channels, but investors are now going back to the fundamentals and targeting companies with evidence of economic success. The mentality of “growth at all costs” is fading — and those that have pursued that path without a strategy for profitability are now finding they can no longer raise the capital they need to continue their growth.

Customer 223

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True Religion Hires First-Ever Chief Marketer

Retail TouchPoints

True Religion has appointed Kristen D’Arcy as its new Chief Marketing Officer, reporting directly to CEO Michael Buckley. The Y2K-era brand is in the midst of a cultural resurgence and is finding success appealing to Gen Zers with its strong heritage and distinct design elements, True Religion’s Creative Director Zihaad Wells told Retail TouchPoints.

Marketing 213
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Maximize The Value That You Get From Partners — A New Forrester Tech Exec Priority

Forrester eCommerce

The rising importance of technology in business has amped up the pressure to get better contributions and results from technology and service providers. The old model of engaging providers as vendors misses big opportunities to get the most from them.

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Academy Sports + Outdoors Expands Revionics Partnership to Optimize Customer-Centric Pricing

Retail TouchPoints

Academy Sports + Outdoors will extend its use of Revionics’ pricing intelligence software. As part of the new multiyear agreement — which builds upon a partnership that started in 2016 — Academy will use the Revionics Base Price and Markdown solutions to not only optimize its pricing strategy but better manage inventory levels throughout the product lifecycle.

Outdoor 191
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When The Regulator Comes Knocking, Will You Have Your AI House In Order?

Forrester eCommerce

The US Federal Trade Commission (FTC) is officially investigating OpenAI, creators of ChatGPT, sending a letter with over 100 questions and a request for supporting documentation related to OpenAI’s business model and the reliability and responsibility of its large language models.

Document 195
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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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Independence Day Trends: What Consumers Purchased Fourth of July 2023

Wiser

The Fourth of July is a time for celebration in the U.S., and this year was no different. People around the country enjoyed barbecues, fireworks shows, parades, and more as they celebrated America’s Independence Day. But what many people don’t realize is that behind all the fun and festivities are insights to be gleaned from shopper purchase data. Customer behavior is constantly changing and evolving, making it essential for brands and retailers to keep up with the latest trends.

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Prime Day 2023: How Retailers And Brands Stacked Up Against Amazon

Forrester eCommerce

Retailers and brands were looking to compete with Amazon's two-day sale this year. Tune in to our key takeaways and analysis for Prime Day.

Retail 195
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AI-Driven PPC: Should You Incorporate Machine Learning into Your 2023 Strategy?

Digital Doughnut

Let’s have a closer look at how AI is transforming PPC in 2023 and delve into the benefits for marketing teams currently struggling to navigate a competitive climate.

PPC 94
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Infographic: YouTube Consumer Behaviors & Trends

ROI Revolution

YouTube has been around since 2005. Since that time, digital marketing has completely transformed – and so have users’ behavior on the platform. In this infographic, explore YouTube consumer trends and behaviors to understand just how the platform is being used so that you can leverage it strategically in your marketing. Looking for additional guidance with YouTube?

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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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Expanded Capabilities Released for Sam’s Club Member Access Platform

RIS News

Sam’s Club announced additional features for its Sam’s Club Member Access Platform (MAP), including targeting, usability, and design features to benefit omnichannel advertisers.

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Revolution Beauty CEO to exit as part of Boohoo settlement

RetailDive

As part of an agreement with shareholder Boohoo, Bob Holt will step down from the beauty company’s board and remain interim CEO until Aug. 31.

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Diving Into Consumer and Grocery Retailer Study Insights at GroceryTech

RIS News

On the final morning of GroceryTech, EnsembleIQ’s VP of Research Beth Brickel gave an overview of the “2023 Grocery Tech Trends Study,” as well as exclusive data not included in the study, along with a panel of experts. Discover the insights shared.

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Walmart celebrates 10th anniversary of Open Call pitch competition

RetailDive

The retailer’s largest sourcing event is part of a broader strategy to source products that are made, grown or assembled in the U.S.

Events 87
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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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3 Types of Video Marketing Strategies to Increase Your Conversion Rate

Smile.io

Video marketing is one of the most successful ways to market products. To achieve your desired conversion rate, you have to include video content on your social media platforms and website. One of the best parts about video marketing is that each video type serves a different purpose. The reason these videos work well is that they are short and highly engaging, hence they have a track record of driving sales and improving conversion rates.

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Amazon resurfaces ‘spend less’ messaging for back-to-school ads

RetailDive

Actor Randall Park stars in a comedic spot touting the e-commerce giant’s plethora of deals as parents grapple with tight budgets.

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Top Marketing Strategies for High-Performing Exclusive Offers

SheerID

Learn how to promote your exclusive offers like a pro by following the examples set by these amazing SheerID brands.

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Sur La Table expands national footprint, private label offering

RetailDive

Three years after surviving a pandemic-era bankruptcy, the culinary experiential retailer is back in growth mode on multiple fronts.

Retail 84
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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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Claire’s Unveils Ongoing European Market Expansion

365 Retail

Today Claire’s Holdings LLC announces continued expansion within the European retail market, bringing the fashion accessories powerhouse to even more consumers across the globe. The brand that celebrates personal style and self-expression is now available in more than 900 owned stores and 2,100 partner retailer locations across Europe through its consumer products business with plans for continued growth throughout 2023. “Our products excite and spark magic in our customers’ li

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Beyond Stack Burger will hit shelves this summer

RetailDive

The retail launch comes in time to ride the smash burger popularity and adds yet another product to the plant-based company’s lineup.

Retail 81
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Tesco Café selects Givex for UK-Wide digital café rollout

365 Retail

Givex Corp. announced today that it has been selected by Tesco Café, to spearhead a digital transformation initiative in their cafés. Tesco Café is a subsidiary of Tesco PLC, one of the world’s largest retailers. Tesco Cafés’ decision to partner with Givex comes after a successful pilot phase, during which Givex showcased their expertise in delivering complex integrations, including integration into the Tesco Clubcard scheme, payment integration, and enabling Tesco colleagues to util

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Buy now, pay later app downloads decline

RetailDive

In the U.S., total BNPL app downloads for the second quarter fell 19% compared to the year-ago period, Bank of America Securities analysts said.

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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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Harrods Makes History with Launch of Exclusive Private Members’ Club in Shanghai

365 Retail

Harrods has today announced the launch of its very first private members’ club with the new club in Shanghai set to open at the end of the year. Housed in the impressive Cha House in the heart of the city, The Residence will epitomise Harrods’ quintessential British luxury, creating a destination committed to the finest hospitality for an exclusive membership community.

Outdoor 52
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Google Optimize is Sunsetting: What’s Next for CRO Programs?

CPC Strategy

For nearly half a decade, Google Optimize has served as an online tool utilized by marketers for split-testing and personalization, enabling them to optimize conversions and enhance the user experience of websites. However, as of September 30, 2023, both Google Optimize and Optimize 360 will no longer be available.

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UK Retailers Face Urgent Challenge with Unsold Stock Time Bomb

365 Retail

UK retailers are losing millions in revenue and putting themselves at risk with tied-up capital due to excess stock, finds new research by product performance management (PPM) platform ROI Hunter. The scale of the stocking crisis in the retail sector has been laid bare, with an average of nearly £900,000 (£882,781) of revenue lost every quarter due to overstocking, the research revealed.

Retail 52
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The 5 Best POS Systems for Bakeries

Korona

Discover the best POS system for bakery businesses! Streamline operations, enhance customer experience, and boost your bakery's growth.

POS 52
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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.