Fri.Mar 15, 2024

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What We Learned In The Forrester Wave™: The Merchant Payment Partner Market Has No Leaders

Forrester eCommerce

Read this blog for a peek into the findings from this year’s evaluation, The Forrester Wave™: Merchant Payment Providers, Q1 2024, by Principal Analyst Lily Varon.

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Dick’s to Open 16 Next-Gen ‘50K’ Stores, Expand House of Sport Format in 2024

Retail TouchPoints

Dick’s Sporting Goods posted strong results in fiscal 2023, which ended Feb. 3, 2024, with $13 billion in net sales, 5% higher than the previous year, and a 2.4% increase in comp store sales. For the coming fiscal year, the retailer is planning $800 million in CapEx expenditures to fund a major brick-and-mortar expansion that will enlarge its total store square footage by 2% — its largest physical expansion since 2017.

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525: The Dreaded March Google Core Update And It’s Implications On Content Creation

My Wife Quit Her Job

Welcome to a brand new segment of the show called Profitable Audience where my business partner Toni and I discuss all things related to content creation and building an audience. In today’s episode, Toni and I discuss the March Google Core update which has huge implications on the future of content creation. What You’ll Learn All about the March Google Core Update Which sites were hit How Google wants you to write content today Sponsors SellersSummit.com – The Sellers Summit i

eCommerce 228
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Rough Week for Retail CEOs: Top Execs Out at Petco, Under Armour, Fossil

Retail TouchPoints

It was a tough week to be at the top in retail with a number of companies announcing CEO switch-ups following disappointing performances, including Petco , Under Armour , Fossil Group and, as Retail TouchPoints previously reported, Allbirds. Former Best Buy COO to Lead Petco While CEO Search Gets Underway Ron Coughlin — who led Petco through a major strategic transformation over the last five years, including its IPO — has stepped down as the company’s CEO, Chairman and member of the board of di

Retail 257
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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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Marketing Your Video Game Outside of Game Marketplaces & App Stores

FastSpring

Todd Harris knows how to leverage effective video game marketing strategies to get games in front of players. As the former COO and Co-Founder of Hi-Rez Studios, he spent 15 years making games and marketing them to gamers — with the studio’s games reaching 150 million players. (At the time of writing, Hi-Rez’s 2014 release SMITE sits at #15 on Steam’s “Most played Massively Multiplayer games” list , with SMITE’s Steam page boasting 40+ million players.

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Utilizing the External Data Boom for Digital Shelf Optimization

Retail TouchPoints

Publications about marketing often invoke the comparison of a digital shelf with a physical one. After all, a digital shelf displays your products for the customer to browse, just like a shelf in a brick-and-mortar store would. This comparison, however, has its limits. While customers come to browse the physical shelf, your digital shelf goes to the customer.

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Outdoor Voices Abruptly Shutting All Stores, Becoming Online-Only

Retail TouchPoints

Popular athleticwear brand Outdoor Voices , once predicted to be the next Lululemon , has abruptly decided to close its 16 stores and become an online-only retailer, multiple sources report. Outdoor Voices has not publicly commented on the news and did not immediately respond to Retail TouchPoints’ request for comment. The news was reported by a number of outlets that had spoken to employees at the stores.

Outdoor 249
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Wise Living in Your 60s: Medical Cannabis for Arthritis Pain

365 Retail

As we age, managing chronic conditions becomes an essential part of living a fulfilling and active life. Arthritis pain is one such condition that can significantly impact an individual’s quality of life, especially for those in their 60s. While traditional treatments have their place, an alternative option that has gained attention is medical cannabis.

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Ulta Beauty Plans 2025 Expansion to Mexico

Retail TouchPoints

Ulta Beauty , which posted strong financial results for 2023, will move into Mexico next year as part of a joint venture with global brands operator Axo. The retailer’s $11.2 billion in net sales for FY 2023, which ended Feb. 3, 2024, was 9.8% higher than the previous year, fueled by a comparable sales rise of 5.7%. “Our compelling holiday plans and thoughtfully curated assortment resonated with our guests and delivered healthy traffic, record brand awareness and strong member growth,” said Dave

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Outdoor Voices to shutter all stores this Sunday

RetailDive

The activewear brand, once a DTC darling, told staff on Tuesday it would close stores this week as it shifts to an online-only model.

Outdoor 122
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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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#RICE24 Community Convos: Liz Primm, VP of Strategic Partnerships & Business Development, Babylist

Retail TouchPoints

Introducing #RICE24 Community Convos, a new content series highlighting insights from the industry leaders and changemakers who will be taking the Retail Innovation Conference & Expo stages in Chicago this June! This week, we’re featuring Liz Primm, Vice President of Strategic Partnerships and Business Development at Babylist, the leading digital destination for growing families.

Retail 217
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Michaels boosts in-store experience with birthday parties, classes

RetailDive

The crafts retailer reimagined its class offering and introduced a party planning service for children in the U.S. as it leans into experience.

Retail 109
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Air Fryer Recall: Best Buy Urges Immediate Action

RetailWire

Best Buy is urging customers who purchased an Insignia air fryer to act fast, as the company issues a recall due to potential hazards.

Customer 111
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Adidas posts first annual net loss in over 30 years

RetailDive

However, the retailer dodged a much-discussed operating loss for the year, with the sale of Yeezy merchandise helping it notch a profit.

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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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Target Introduces New Express Self-Checkout Nationwide

RetailWire

Target has announced the launch of its new self-checkout policy, set to commence next week across all stores.

Retail 98
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Macy’s moves to beef up real estate expertise on its board

RetailDive

Arkhouse Management, which upped its takeover bid to $6.6 billion, has criticized the retailer for having only one director with a real estate track record.

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New Frozen Treats by OREO for St. Patrick’s Day

RetailWire

OREO is ready for St. Patrick’s Day with a frosty surprise. While it won’t be handing out pots of gold, it's offering a chance to snag some delicious treats.

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Amazon announces first Big Spring Sale

RetailDive

In a shift from previous sale promotions, the retailer said Prime membership is not required to shop the event, which starts Wednesday.

Events 98
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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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Optimize Assortment Planning: How Retail Technology Helps You Expose and Prioritize Opportunities

Dynamic Action

Summary Retailers face challenges keeping up with constantly evolving market trends and customer expectations. Time and resource constraints often hinder retailers from effectively identifying and capitalizing on growth opportunities. AI-powered retail intelligence offers a solution by automating processes and providing actionable insights for assortment planning.

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Longtime Fossil CEO out as company announces strategic review

RetailDive

The departure of Kosta Kartsotis, who spent over 20 years at the helm, came as the retailer reported Q4 sales falling nearly 16% and losses widening.

Retail 90
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Hobbs Opens Store at Atria Watford

365 Retail

Atria Watford managed by Global Mutual and owned by SGS , with Savills providing property management services, has announced the opening of Hobbs , a prominent British womenswear brand. This marks the debut of Hobbs within the Atria Watford shopping centre, enhancing its fashion and retail offerings. The new Hobbs store occupies approximately 3,300 square feet, showcasing the brand’s commitment to timeless fashion imbued with a modern British essence.

Leisure 62
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Impossible Foods has always claimed to bleed red, now its label will

RetailDive

The plant-based pioneer announced new packaging at Natural Products Expo West to attract more meat lovers to its burgers, sausages and chicken.

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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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Eldon Square to Transform Newcastle’s Retail and Leisure Landscape with New Developments

365 Retail

Eldon Square Ltd and Newcastle City Council have unveiled plans for a groundbreaking Co-operation Agreement and pivotal planning submissions set to enhance Eldon Square’s retail, food, and beverage mix by integrating over 200,000 square feet of new leisure and entertainment spaces. This ambitious initiative aims to enrich the city centre’s offering and engage the local community more deeply.

Leisure 62
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Afterpay expands merchant partners as it looks past apparel

RetailDive

In addition to Kendra Scott and Diane Von Furstenburg, the installment payments provider is bringing on brands like Made In Cookware.

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Founder & Chairman of Charles Tyrwhitt, Nick Wheeler OBE, confirmed as a headline keynote at the Retail Technology Show

365 Retail

The Retail Technology Show has announced that Nick Wheeler OBE, Founder, Chairman & Owner of Charles Tyrwhitt, will be one of its 2024 headline speakers as part of its conference programme. Retail’s flagship event, which takes place at London Olympia on the 24 and 25 April 2024, brings the industries brightest minds to the stages of its conference programme.

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Ulta to expand into Mexico in 2025

RetailDive

The beauty retailer previously planned to grow into Canada, but ditched those efforts in 2020.

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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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McDonald’s Global Technology Outage

RetailWire

McDonald's found itself embroiled in a far-reaching technology outage on Friday, which caused ordering systems to halt in various countries, including the U.K., Australia, and Japan.

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CEO of MATCHESFASHION, Dr Nick Beighton, confirmed as headline speaker at the Retail Technology Show

365 Retail

The Retail Technology Show has announced that Dr Nick Beighton, CEO of MATCHESFASHION and Chairman of Secret Sales, will join its headline speakers as part of its 2024 conference programme. Taking place at London Olympia on the 24 and 25 April 2024, RTS brings the industries brightest minds to the stage and Beighton joins fellow headliners, including founder of Not On The High Street, Holly Tucker MBE, and Google DeepMind’s Dex Hunter-Torricke, who will deliver seminal sessions at the 2024 e

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The Weekly Closeout: Dollar Tree to add $7 items and Bath & Body Works teams up with Netflix

RetailDive

The dollar store is expanding its multiprice assortment, while the personal care retailer debuted a “Bridgerton” collection as part of a yearlong partnership.

Retail 64
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Biden Opposes US Steel Sale to Japan’s Nippon Steel

RetailWire

President Joe Biden recently declared his stance against the announced sale of the U.S. Steel company to Japan's Nippon Steel, and he emphasized the importance of maintaining American ownership and operation of the iconic company.

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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.