Tue.May 16, 2023

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Is Retail Media the New Walled Garden and is that a Bad Thing?

Retail TouchPoints

With the proliferation of retail media properties, it’s beginning to feel like the digital economy is producing walled gardens faster than baby rabbits. This is actually a healthy development. These walled gardens don’t necessarily carry the baggage of the big original ones, and even when they do, it’s a net positive to the broader marketing ecosystem.

Retail 288
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The Economic Apocalypse Won’t Stop The Demand For Security Skills  

Forrester eCommerce

European CISOs are facing headwinds in geopolitics and workforce retention. Making wise decisions is crucial in such turbulent times, which puts additional pressures on security pros. In our analysis of Forrester’s Security Survey results, we found that: While tech layoffs dominate the headlines, cybersecurity hiring remains strong.

Customer 195
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Home Depot Posts 4.2% Sales Decline Following Years of ‘Unprecedented Growth’

Retail TouchPoints

The Home Depot posted its weakest quarter in years, with Q1 2023 seeing a 4.5% comparable sales decline year-over-year. Total sales were $37.3 billion , down 4.2% from Q1 2022. The declines were attributed to a slowdown following three years of “unprecedented growth” in which the retailer boosted its sales by over $47 billion , according to President and CEO Ted Decker.

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How To Use Artificial Intelligence in Ecommerce | Salsify

Salsify

Wonder how certain brands and retailers are consistently dominating the digital shelf? It isn’t intimidation tactics. Those embracing digital transformation by adopting now-common tools like artificial intelligence (AI) and augmented reality (AR) are at the helm of this takeover.

eCommerce 148
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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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Bryan Palbaum to Take the Helm at Trader Joe’s as Long-Time CEO Retires

Retail TouchPoints

Dan Bane, Chairman and CEO of Trader Joe’s , will retire after more than two decades in the post at the end of the company’s fiscal year on July 2, 2023. Current President and COO Bryan Palbaum will take over as Chairman and CEO at that time, and current President of Stores Jon Basalone will be promoted to Vice CEO and President. Bane has been with Trader Joe’s for more than 25 years, the last 22 as the Chairman and CEO.

Customer 267
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How ChatGPT AI Revolutionizes Amazon FBA Business: Saving Time and Money

Algopix

In today’s fast-paced world of e-commerce, staying ahead of the competition is crucial for the success of your Amazon FBA business. As an experienced SEO and copywriter, we understand the importance of leveraging advanced technologies to outrank competitors and achieve higher visibility on search engines. In this article, we’ll explore how ChatGPT AI can revolutionize your Amazon FBA business , saving you valuable time and money in the process.

Article 97

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How Marketers Can Gather Zero-Party Data Through Promotions

SheerID

Brands can use exclusive deals to gather zero-party data, which can then be used to continue engaging customers with personalized content.

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Peloton Plans ‘Relaunch’ to Expand Awareness, but Faces Another Recall

Retail TouchPoints

Peloton is planning to relaunch its brand as the struggling fitness company works to shed its old image, but the process will run alongside a new recall involving more than 2.1 million potentially faulty original Bikes. Relaunch plans include a new tiered subscription model, as well as efforts to inform shoppers that it does other things than sell exercise bikes, according to a letter to investors.

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Century 21 reopens flagship store in NYC

RetailDive

The company was an off-price staple for 60 years before the COVID-19 pandemic pushed it into Chapter 11 bankruptcy.

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Introducing Composer: The New OS of Composable Commerce

GetElastic

The concept behind Composable Commerce is simple: Assemble a “best for you” architecture based on the components you need to solve your unique problems. But in practice, monitoring and controlling a mission-critical architecture composed of multiple vendors has proven to be a real challenge. To date, that work (and the associated risk) has fallen onto developers, DevOps, and CloudOps teams to manage.

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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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Wayfair improves data analytics to trim last mile costs

RetailDive

The online furniture retailer has sharpened its process for determining whether items should be delivered in-house or via third parties.

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How To Start an Ecommerce Business (in 2023)

Smile.io

Inspiration strikes. You’ve got a genius business idea and you’re ready to share it with the world. But you have no clue how to even begin starting an online store. Sound like you? No worries–that’s where we come into play. This guide will outline how to start an ecommerce business in detail. We’ll go over everything from choosing a business model to making your first sale.

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Lululemon mourns the death of Phil Dickinson

RetailDive

Dickinson, who arrived at the retailer last year as global creative director, was “nothing short of brilliant,” Chief Product Officer Sun Choe wrote.

Retail 96
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Connected Packaging: Traceability and Consumer Interaction

Digital Doughnut

Connected packaging is an innovative technology that is transforming the way brands and retailers interact with consumers. By incorporating embedded technology, such as RFID chips and sensors, into their products, brands can provide consumers with real-time information on product origin, ingredients, and other critical data. This allows consumers to make more informed purchasing decisions and provides brands with valuable data on consumer behavior and preferences.

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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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Parsons hosts digital Roblox-branded fashion showcase

RetailDive

Student designers will display and sell their virtual apparel creations in conjunction with a new course collaboration aimed at exploring metaverse trends.

Fashion 96
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Magento 2 reCAPTCHA: How to Setup And Get Rid of Bot Traffic

MagentoBrain

What is Magento 2 reCAPTCHA? Magento 2 reCAPTCHA is a security feature that helps protect Magento 2 e-commerce sites from spam, abuse, and fraud. Google's reCAPTCHA is a free service that uses extensive risk analysis techniques to distinguish between actual users and bots. It comes in two versions: reCAPTCHA v2 and reCAPTCHA v3. reCAPTCHA v2 requires users to solve a visual puzzle to prove they are human, while reCAPTCHA v3 works behind the scenes to calculate a score based on user behavior and

Magento 52
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Home Depot misses Q1 expectations, lowers guidance

RetailDive

The retailer reported one of its largest quarterly comps declines in over a decade, but the company expects improvements in the coming quarters.

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Exploring the Adobe Experience Manager for Enterprise Content Management System

MagentoBrain

What is Adobe Experience Manager? Adobe Experience Manager (AEM) is an enterprise content management system (CMS) that is designed to help businesses create, manage, and deliver digital content across multiple channels and touchpoints. It is a comprehensive platform that provides a range of features and tools to help businesses streamline their content creation and management processes.

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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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How DTC brands fared in Q1

RetailDive

Some were able to stymie losses during the period, while others sank deeper into the red as revenues fell.

Other 101
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Reasons Why Employee Uniforms Are Important In Retail Industry

RetailMinded

Nearly 10 million people throughout the United States work in retail. If you own a retail business and want to support your employees, provide them with high-quality uniforms. The proper uniform promotes teamwork and helps you and your employees present a united front. Some other important reasons to invest in retail employee uniforms are discussed below, along with tips on how to choose the best uniforms for your team.

Retail 52
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Skims opens pop-up shop in NYC

RetailDive

The fourth retail activation from the Kim Kardashian-founded brand is located at Rockefeller Center and focused on summer apparel and swimwear.

Apparel 84
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5 Reasons Why Online Business Is Better

RetailMinded

Online business is any commercial activity that is conducted online. This can include anything from e-commerce sites to social media platforms. Entrepreneurs are constantly seeking new opportunities. However, many become money-suckers due to high overhead and slow scalability. This article will discuss several reasons why an online business is better.

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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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Syndigo Announces 2022 North America and Europe Partner of the Year Recipients

Pivotree Blog

ATLANTA, GA, United States — Syndigo announced the recipients of the 2022 Partner of the Year awards at the recent North America Partner Kickoff event held in Atlanta, Georgia. The five partners recognized for excellence in leveraging Syndigo solutions to enable growth through better data management and execution included Capgemini, Infosys, Microsoft, Pivotree, and ThoughtSpark.

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eBay Becomes New Headline Sponsor of Love Island, Expanding Reach and Promoting Fashion Circular Economy

365 Retail

ITV has announced that eBay will become the new headline sponsor of Love Island when it returns this summer on ITV2 and ITVX. The sponsorship will provide eBay with an opportunity to broaden its reach and appeal amongst the show’s primary audience of 18-34 year olds, showcasing eBay’s offering of pre-loved fashion and driving conversation around fashion circularity.

Fashion 52
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Boohoo sees DC transforming its U.S. business

RetailWire

Boohoo, the British online fashion retailer, is opening a distribution center in Elizabethtown, PA, its first in the U.S. The American market is Boohoo’s largest outside the UK. “Once we’re up and running in the U.S., 95% of the U.S. we will cover in three days,” said Boohoo CEO John Lyttle. “It’s a complete game changer for us.

Fashion 52
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Stuart partners with waste management company First Mile to improve delivery efficiency

365 Retail

Last-mile logistics company, Stuart , has partnered with sustainable recycling and waste management services company, First Mile. The collaboration will utilise Stuart’s Scheduled from Hub model which consists of a final mile delivery offering including same day and next day services via a fleet of 100% electric vehicles. As a result, the partnership will aim to improve delivery efficiency, reduce carbon emissions, and ensure the best possible service for First Mile customers in London.

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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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OpenAI CEO to testify before Congress

RetailWire

OpenAI CEO Sam Altman will testify today before Congress to answer questions about the role and risks of artificial intelligence to help lawmakers determine how best to regulate the technology.

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Fluid Commerce Unveils Wolvende: A New Online Hub for Premium Office Products and Desk Accessories

365 Retail

Ecommerce agency Fluid Commerce (Fluid) has announced the launch of its own, fully-operational ecommerce website, Wolvende, which sells premium office products and desk accessories. Wolvende was set up by Fluid’s Managing Director Adam Hindle and Ecommerce Director Carl Walker. It was created as a showpiece for Fluid’s team to demonstrate their expertise in launching and scaling an ecommerce retail business.

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Hybrid work is the office norm

RetailWire

Fifty-eight percent of companies allow office employees to work a portion of their week remotely, according to Scoop Technologies. The number of companies requiring five days in the office has declined to 42 percent, down from 49 percent three months ago.

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Clearpay Expands With wilko, MAC, Jo Malone, URBN & Online4Baby To Offer Customers Flexible Payments

365 Retail

Clearpay, a leader in Buy Now, Pay Later (BNPL), has announced partnerships with household and garden retailer wilko, parenting favourite Online4Baby and one of Europe’s fastest growing ecommerce businesses OnBuy – allowing these retailers to offer online customers more flexible payment options. Following successful customer uptake at their online checkouts, leading beauty brands MAC, Jo Malone, Cosmetic Company Stores, Le Labo, Tom Ford, Too Faced and URBN (owners of Urban Outfitters, Ant

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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.