Fri.Apr 14, 2023

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American Eagle Launches Resale Shop Powered by ThredUp

Retail TouchPoints

American Eagle Outfitters and ThredUp have launched RE/AE, a resale shop for secondhand and exclusive vintage American Eagle clothing, located at ae.thredup.com, curated by American Eagle and powered by ThredUp’s Resale-as-a-Service (RaaS). Additionally, American Eagle has partnered with Snapchat for a pop-up shoppable AR Lens showcasing select styles from an inaugural 200 -piece RE/AE collection.

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Medicaid Unwinding Highlights Key Lessons In Member Engagement

Forrester eCommerce

Medicaid redetermination has kicked off bringing the challenges of member engagement broadly into the spotlight. This blog offers three key ways insurer's can improve member engagement.

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The Benefits of Prepaid Top-Up Cards for Big Brands

Retail TouchPoints

In recent years, the financial landscape has changed dramatically with new economic challenges making it increasingly difficult for consumers to commit to recurring monthly payments. Inflation has risen to its highest level in 30 years, outpacing wage and benefit increases and further exacerbated by tax rises. Consumer concerns around inflation also remain “highly elevated”.

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Salesforce’s New EU Hyperforce Region Is Only A Sticking Plaster Solution For EU Sovereignty Issues

Forrester eCommerce

Salesforce has recently announced the launch of its Hyperforce EU Operating Zone, working with the Hyperforce cloud platform. Thanks to this move, Salesforce can now sell its products, along with customer and technical support, using only EU delivery resources and data storage.

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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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Amazon Rolls Out Dash Cart, Palm Payments to Colorado Whole Foods Stores

Retail TouchPoints

Amazon is adding convenient payment options to 11 Whole Foods Markets in the Denver area with the rollout of its Amazon One palm recognition solution. Additionally, the SouthGlenn, Colo. store will soon offer the Amazon Dash Cart, a smart shopping cart that lets shoppers skip the checkout line altogether. Shoppers can use the Amazon One service to check out without needing to pull out their wallets or purses.

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David’s Bridal lays off over 9K as it pursues a sale

RetailDive

A company spokesperson said the retailer is “evaluating our strategic options” and a sale process is underway.

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Walmart is selling Bonobos to Express, WHP Global for $75M

RetailDive

The retail giant paid more than four times that much when it acquired the DTC menswear brand six years ago.

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Walmart Sells Bonobos to Express and WHP Global for $75 Million

Retail TouchPoints

Express and owner WHP Global have entered a definitive agreement to acquire Bonobos from Walmart for a combined purchase price of $75 million , including $50 million for the Bonobos brand and $25 million for the operating assets and related liabilities of the Bonobos business. The deal marks the first joint acquisition made by WHP Global and Express since finalizing their strategic partnership earlier in 2023.

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Most Gen Z, millennial online beauty shoppers are waiting for a bargain: report

RetailDive

These consumers will risk a product becoming out of stock rather than pay full price, according to a study by ESW.

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Rent the Runway Cuts Losses in FY22, Tops 141,000 Active Subscribers

Retail TouchPoints

Executives at Rent the Runway are describing the company as on a “path to FCF [free cash flow] profitability” following a strong fiscal 2022, which ended Jan. 31, 2023. Rent the Runway generated $296.4 million in revenues, a 46% increase YoY from the $203.3 million in FY21 revenues, and cut its net loss from $211.8 million the previous year to $138.7 million for FY22.

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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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The only AI writing generator that doesn’t require special inputs and prompts to get results

Talkoot

The only AI writing generator that doesn’t require special inputs and prompts to get results Lizzie Davey Writer Most standalone AI tools require unique data, special inputs, and prompts to get results. Some even require you to input your data in a standardized way and then add a prompt to get results. There are multiple steps to the process which doesn’t work at scale.

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How To Improve Your Email Deliverability Rate

Sailthru

If you are already planning back-to-school and holiday campaigns, now is the time to ensure that your emails are not getting caught in spam or junk folders. Creating an effective email cadence is just the first step in building a cross-channel marketing strategy. But if your emails are going to junk folders or being flagged as spam by major Internet Services Providers (ISPs), chances are you have a deliverability problem that can impact your bottom line.

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Walmart adds temporary tattoo brand Inkbox to in-store assortment

RetailDive

In its first wholesale partnership, the tattoo brand is offering an exclusive collection to be sold in the retail giant’s beauty aisles.

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Amazon Attempts to Reduce Returns With a New Fee and Warning to Customers

CPC Strategy

While Amazon’s return policy is already impressive, the company is hoping consumers won’t have to return items as frequently with the installment of their newest feature. The ecommerce giant recently announced that they are now flagging high-return items on product detail pages to warn customers prior to purchase.

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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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The Weekly Closeout: Lacoste partners with Netflix and is David’s Bridal considering bankruptcy?

RetailDive

The fashion brand is releasing a collection based on “Bridgerton” and other shows, while the wedding retailer could be looking at a Chapter 22.

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Demand for luxury watches remains high as prices moderate

RetailWire

Demand for luxury watches in the secondary market has remained steady as prices fell eight percent last year. “I don’t see prices going much lower,” said Francois-Henry Bennahmias, CEO of Audemars Piguet. “People still want to reward themselves, and when they want to reward themselves, they will look at the most respected companies, in watches, jewelry, fashion, you name it.

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Hasbro hires Harley-Davidson CFO

RetailDive

Gina Goetter will transition from motorcycles to Monopoly as she takes the role at the toy company, which is set to cut 15% of its workforce this year.

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Amazon asks Virginia for first HQ2 incentive payment of $152 million+

RetailWire

Amazon.com has requested more than $152 million in incentives the state of Virginia agreed to pay it for locating its HQ2 operations in the Arlington area. The retail and technology giant submitted the request at a time following massive layoffs and reduced financial results. Virginia agreed to pay Amazon $22,000 for every job created in the state paying $150,000 a year or 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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Universal Standard acquires plus-size brand Henning

RetailDive

As a result of the deal, Henning founder Lauren Chan is joining the direct-to-consumer company as head of brand partnerships.

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Month-over-month retail sales show consumers cutting back

RetailWire

Retail sales in March were down one percent from February as consumers spent less on gas (-5.5 percent), building supplies (-2.1 percent), electronics (-2.1 percent) and apparel (-1.7 percent). February’s sales were also down, although not as much as previously reported, at -0.2 percent.

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How To Create a Barcode

RetailMinded

No matter where you look nowadays, barcodes are everywhere. They are on every food item we buy, every piece of clothing, and every piece of packaging. Barcodes have transformed how manufacturers and retailers store and find essential product data. But what is a barcode exactly, and how are they made? This post will discuss the benefits of having barcodes and the process used to create them.

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The Impact of Money Laundering on the Global Economy. can AI be useful to mitigate the risk?

Ecommerce Guru

Money laundering is a serious issue that affects the global frugality in a significant way. It’s the process of hiding […] The post The Impact of Money Laundering on the Global Economy. can AI be useful to mitigate the risk? appeared first on Ecommerce Guru.

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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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The Best Bonus Points Examples

Smile.io

In our How To Run a Successful Bonus Points Event guide, we have covered everything there is to know about when and how to run an amazing bonus points campaign with a few examples along the way. Now, the final question is “what does a good bonus points event actually look like?” Let’s dive in to see the best examples, from some major brands and small businesses, including Oatopia, Copper Cow Coffee, to Sephora, and Patagonia.

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A Digital Marketer's Guide to ADA Web Compliance

Digital Doughnut

ADA web compliance does not need to pose a considerable challenge for digital marketers - read our informative guide to understand how it can be done.

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Overcoming The Challenges of Integrating POS Systems and eCommerce 

Korona

The post Overcoming The Challenges of Integrating POS Systems and eCommerce appeared first on KORONA POS.

POS 52
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New Jersey’s cannabis board says ‘no’ to renewing Curaleaf’s license

RetailWire

The New Jersey Cannabis Regulatory Commission declined to renew Curaleaf’s annual license to sell marijuana in the state. Curaleaf, the largest producer and seller of legal cannabis in New Jersey, called the decision “an outrageous act of political retaliation” without legal merit. The company said it would use “any legal means necessary” to reverse the ruling.

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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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Bud Light tries to ‘evolve and elevate’ its marketing

RetailWire

Some Americans object to any attempts made by brands to be more inclusive in their marketing efforts. That is true of Bud Light, which faced protests after including a transgender woman, Dylan Mulvaney, in its advertising. Alissa Heinerscheid, vice president of marketing at Bud Light, said the brand has no choice to “evolve and elevate” since sales have “been in decline for a really long time.

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OSHA data shows worker injury rates in Amazon warehouses

RetailWire

A new report using data from the Occupational Safety and Health Administration shows the injury rate at Amazon.com warehouses fell from 7.9 percent in 2021 to 6.9 percent last year. The injury rate in 2020, the year that the novel coronavirus pandemic hit the U.S., was 6.6 percent.

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Subway’s sales process moves to a second round

RetailWire

More than ten potential suitors for Subway are conducting due diligence on the sandwich giant’s business. Subway is looking for a valuation of $10 billion as it negotiates a sale of its business.

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Loblaw to spend $1.5 billion to expand in Canada

RetailWire

Loblaw Companies intends to spend $1.5 billion and create more than 6,000 new jobs in construction, retail, supply chain and technology as it grows its operations in Canada. The grocer plans to open, relocate or renovate 38 stores and renovate or convert around 600 others.

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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.