Fri.May 26, 2023

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#RICE23 Sneak Peek: Lindsay Mikos Discusses Omnichannel Programs & Convenience Options

Retail TouchPoints

During this Retail Innovation Conference & Expo sneak peek, Erica Vallecorsa sits down with Lindsay Mikos, Senior Director of Omnichannel Strategy & Programs at Walgreens. Lindsay will be speaking in the Retail Innovation Summit program agenda and will provide an inside look into what’s next for Walgreens, and how its team is prioritizing innovative tech to support omnichannel shopping experiences.

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Indian Firms Must Take The Data Analytics Bull By Its Horns To Build An Insights-Driven Organization

Forrester eCommerce

In India, competitive pressures and customer expectations are driving firms to provide personalized information, products, and services to customers and employees. Improving employee and user experiences are among the top software initiatives of Indian companies for the next 12 months. Insights-driven companies stand a better chance to compete. Why?

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Vitamin Shoppe Gives Interim CEO the Job Permanently

Retail TouchPoints

The Vitamin Shoppe has named Lee Wright as its new CEO, a position he has held on an interim basis since January 2023. Prior to that, Wright was Chief Commercial Officer of Vitamin Shoppe’s parent company Franchise Group since January 2022, and he previously held C-level positions at Conn’s. Earlier this month, Franchise Group announced that it would be going private.

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Redbubble vs Society6: Wich is Best for Print on Demand? (2023)

Ecommerce Platforms

Both Redbubble and Society6 offer a range of opportunities for those wanting to share their passion and artistic talents at a more affordable price. From printing your unique designs onto t-shirts to wall art, duvets, and phone cases, these print-on-demand (POD) platforms offer a decent range of products to customize and sell to art fanatics worldwide.

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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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Canada Goose Continues its ‘Quest West’ with Plans for 3 New Stores

Retail TouchPoints

Performance apparel brand Canada Goose is continuing its retail expansion across the West Coast with plans for its first Los Angeles store, a permanent presence east of Seattle in Bellevue, Wash. and a second location in Las Vegas. The three new stores are part of the company’s plan, announced earlier this year , to more than double its current global store count by 2028.

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Ulta to put fragrance behind locked cabinets in 70% of stores thanks to increased theft

RetailDive

The beauty retailer, with Q1 sales growth topping 12%, said it’s investing in security guards and police presence in parking lots to deter crime.

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American Eagle, Blue Apron and Shopify have dialed back logistics’ ambitions

RetailWire

American Eagle Outfitters, Blue Apron and Shopify all added logistics services to improve last-mile fulfillment performance. In the end, the three found that their logistics services delivered improved results, but not as much as they expected.

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Journeys to close 100 stores this year, move away from malls

RetailDive

The number is up from a previous estimate of 60 locations and will save up to $40 million, according to parent company Genesco.

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Creative June newsletter ideas for your next email campaign

Omnisend

Reading Time: 9 minutes Marketers often believe that the secret sauce behind a successful seasonal email campaign is offering huge discounts. While that can certainly help, it isn’t your only option. Sharing engaging content that strikes an emotional chord with your audience is just as valuable. Mid-year is almost here already, and there are plenty of reasons to celebrate!

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Mielle signs LSU basketball star Angel Reese as ambassador

RetailDive

The NCAA athlete’s name, image and likeness deal with the brand will include marketing, social media, events and a limited-edition product bundle.

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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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Does SEO Still Work in a Recession?

ROI Revolution

As a marketing professional by day, you’re surely aware that your brand’s online success can be directly impacted by the economy’s wellbeing. If your existing online strategy counts on search engine optimization (SEO) to play a role in reaching your sitewide revenue goals (as we think it should), it’s fair to wonder: Does SEO still work in a recession?

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4 Steps Retailers Can Take to Market Themselves in a Recession

SheerID

Continue driving revenue even during a recession by using zero-party data to build personalized campaigns and offering targeted promotions.

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The Weekly Closeout: Dollar Tree margins pressured by inflation, Tuesday Morning IP up for sale

RetailDive

The dollar chain is seeing a pullback on discretionary purchases, while Hilco Streambank seeks a buyer for the discount home retailer’s assets.

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Temu squeezes suppliers and still loses money on U.S. orders

RetailWire

Temu is putting the arm on suppliers to reduce the costs of goods sold on its platform and it still loses an average of $30 an order even as it takes advantage of a loophole that allows up to $800 in duty-free shipments coming into the U.S.

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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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QVC parent company sells Zulily to investment firm

RetailDive

Qurate Retail said the move will help strengthen and optimize its brand portfolio as part of a larger turnaround strategy.

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Peak season imports may pick up slightly over last year

RetailWire

The peak season for imports, August through October, is expected to be up slightly over last year, which was flat from the year prior. “It would be good if this year’s peak season could be a bit better than ’22 considering there was no peak last year,” said Tim Scharwath, CEO of DHL Global Forwarding.

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Gap Inc. losses shrink in Q1 as sales continue to slide

RetailDive

Major cost cuts, including the elimination of some 2,300 jobs in recent months, are helping stabilize the bottom line.

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Microsoft says the U.S. needs to regulate AI

RetailWire

Brad Smith, president of Microsoft, says the U.S. needs to regulate artificial intelligence technology and should require all federal agencies to put the National Institute of Standards and Technology’s framework in place to use the technology ethically and responsibly.

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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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By: Outsourcing AppointmentSetting

Kibo

Very well presented. Every quote was awesome and thanks for sharing the content. Keep sharing and keep motivating others.

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Walmart adds the University of Arkansas to its free degree program

RetailWire

Walmart has added the University of Arkansas to its list of 26 colleges where employees can earn free degrees through its Live Better U (LBU) program. Participants in the program are promoted at twice the rate of Walmart workers who do not participate.

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CPG Retail Leaders Share 10 Tips to Thrive in RetEx

RepslyBlog

The retail world is an ever-changing ecosystem that demands continuous evolution. That’s why we recently gathered thought leaders of successful retail giants like Nutrabolt , Basemakers , and The Good Crisp Company to chat actionable tips brands of all sizes and stages can leverage to succeed in today’s retail landscape.

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Dollar Tree cuts profit forecast on lower-margin sales and shrink

RetailWire

Dollar Tree reduced its full-year forecast as the retailer sees its customers eschewing discretionary purchases for low-margin consumables and other everyday staples. The company also said that shrink, products lost to damage, theft and other factors) continues to weigh on its profitability.

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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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[Webinar Recap] From 0 to 100: Creating Compelling Personalized Experiences

Blue Acorn

Did you miss the recent webinar, From 0 to 100: Creating Compelling Personalized Experiences, presented by Blue Acorn iCi and […] The post [Webinar Recap] From 0 to 100: Creating Compelling Personalized Experiences appeared first on Blue Acorn iCi.

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Redefining Your Business Brand: Utilising Social Media for Enhanced Online Exposure

365 Retail

This article aims to guide UK businesses through the labyrinth of social media branding, helping them to optimise their strategy for better reach and engagement. Social media is a powerful tool – one that offers an unparalleled platform for businesses to connect with their audience, tell their story, and create a unique brand identity. We will shed light on the strategic use of social media platforms, content creation, and the effective use of hashtags, while also providing insights into underst

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The Ins & Outs of Product Marketing

Digital Doughnut

Product marketing is what drives products onto the market and keeps them there. Developing effective product marketing is the secret to your organization's development, expansion, and long-term success. It is a set of tactics you use to advertise your products and services to your target market. Website content, advertisements on television and radio, and content posted on social media platforms are all examples of this.

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Tommy Hilfiger and Calvin Klein to Open Stores at Caledonia Park Following Record-Breaking Quarter

365 Retail

Railpen, one of the UK’s most prominent pension managers, revealed that global fashion brands Tommy Hilfiger and Calvin Klein have signed deals to set up shop at Caledonia Park. The forthcoming Tommy Hilfiger outlet will occupy a 5,000 sq ft store, and Calvin Klein will take up 4,100 sq ft. Both stores will be located in prime spots within Caledonia Park and are slated to open this year.

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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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Rewards Case Study: Target Circle

Smile.io

Target is one of the most well-known and widely loved discount-retail stores in America. Target’s customers demonstrate a level of loyalty that most bargain brands could only dream of. The big-box retailer is so popular that there have been numerous articles written on the “ Target Effect ” over the years trying to explain the magic that makes the brand such a fan favorite.

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Your last-minute GA4 survival guide in 11 steps

Funnel.io

Google announced the sunset date for Universal Analytics (UA) a whopping 14 months ago. But if you're reading this, you might not be ready for the big switchover to Google Analytics 4 (GA4) just yet! Perhaps life got in the way, or you were hoping that Google would change its mind and keep UA around for a while longer. Don't worry, you're not the only one, and you still have several weeks to prepare for the change.

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Lower gas prices mean more money in Americans’ pockets

RetailWire

Americans were paying $5 a gallon on average for gas in early June last year. The average price for a gallon of gas heading into Memorial Day weekend is $3.50. Industry experts expect prices to remain steady through the summer months.

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NFTs Aren’t Obsolete — They’re Just Evolving into Something Much More Useful

Retail TouchPoints

In the two years since Christie’s sold a Beeple NFT for $69 million and Justin Bieber paid $1.3 million for his very own “Bored Ape,” some of the shine has worn off of NFTs. Touted as the next big thing in collecting and investing, those splashy million-dollar sales are happening less often, and many folks are now scrambling to offload vastly depreciated digital assets that have been battered by the Crypto Winter.

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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.