Fri.Dec 22, 2023

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Initial Markup in Retail: A Crucial Metric for Profitability

Korona

Initial Markup is a fundamental element of the pricing strategy used by retailers. Learn how to use this formula successfully!

Retail 52
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Focus on Gen AI will drive core modernization and SaaS adoption in 2024

Forrester eCommerce

India is at the cusp of digital hyper growth. Indian businesses have realized that the differentiated services and experiences are key to move ahead of competition and be relevant. They are turning to emerging technologies to build these differentiated services and experience, more than ever before.

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2023 Ecommerce Gift Guide Roundup

Fastr

From product categories to gift-finder quizzes, price ranges to digital catalogs, ecommerce gift guides are intended to simplify the holiday shopping process for those looking to purchase special somethings for everyone on their list. They're certainly common, but they're most definitely not all made equal.

Gifts 147
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Boosting Conversions: A how-to guide for enterprise retailers

Fabric

Happy Holidays from fabric! This season, don’t let your legacy monolithic tech stack land you on the naughty list. Modern commerce services can enrich the customer experience and get you on the nice list! Read on to learn how. With the hustle and bustle of the Cyber 5 shopping season still fresh in retailers’ mind, and as we enter the home stretch of this holiday season, it’s important to take a moment to reflect on what worked and what still needs improvement for the overall customer shop

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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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Costco workers at Virginia store unionize

RetailDive

The Teamsters represent 18,000 of the big-box retailer's workers, and last year secured a national agreement with improved pay and benefits.

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Maine Power Outages Delay Electric Vehicles Mandate

RetailWire

Things came to a grinding halt in Maine when a merciless storm triggered widespread power outages, causing the state's foremost environmental agency to postpone a pivotal vote on a proposed electric vehicles mandate.

More Trending

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Hyperloop One Ends Dreams of High-Speed Travel

RetailWire

Known for its revolutionary idea of zipping humans through a vacuum at breakneck speeds, Hyperloop One has regrettably announced its closure.

Travel 116
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Nike unveils $2B cost-savings plan to drive growth, profitability

RetailDive

The retailer is streamlining the organization, simplifying its product portfolio, increasing automation and using scale to drive efficiencies.

Retail 103
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ESW Gender Pay Gap Report 2023

ESW

We are pleased to share ESW’s second Gender Pay Gap report, and are happy to announce an improvement in our overall gap versus 2022. Read the report below to understand the detail behind this improvement and the actions we are taking to build an inclusive culture that supports all our employees to reach their potential and have equal access to reward, recognition, and career opportunities at ESW.

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The Weekly Closeout: Ecco opens in SoHo and will Something Navy be sold for $1?

RetailDive

The footwear brand opened in New York City as it celebrates its 60th anniversary, while the blogger-founded apparel company reportedly will be sold.

Apparel 91
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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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Nonfiction Writers Sue Microsoft and OpenAI for Alleged Copyright Violation

RetailWire

A lawsuit was filed against Microsoft and OpenAI alleging that the companies have instructed the AI chatbot ChatGPT to steal copyrighted material from nonfiction authors’ work.

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With Series A investment, Iris&Romeo to enter Sephora

RetailDive

The clean beauty brand received an investment from True Beauty Ventures, whose portfolio also includes BeautyStat, Caliray, Vacation and Dieux.

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Wayfair CEO Wants Employees To Work Longer Hours, Won’t Reward ‘Laziness’

RetailWire

The home goods CEO had some strong words for his employees in an end-of-year message.

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Unilever to acquire K18

RetailDive

The hair care brand, which was founded in 2020, takes a scientific approach to developing products.

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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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Beating back marketer imposter syndrome

Funnel.io

Do you battle against feelings of self doubt when building your campaigns or analyzing data? Perhaps you feel as though you’ve accepted a role that you feel you are unqualified to hold, despite the qualifications on your resume. If so, you are far from alone.

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Nordstrom continues off-price push with new Rack locations in 4 states next fall

RetailDive

The department store is betting on its lower-priced unit despite declines over the last several quarters.

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Exporting Rare-Earth Tech Stopped by China

RetailWire

China plans to restrict the export of certain rare-earth technologies, creating potential challenges for the U.S. and other Western nations to strengthen their supply of these strategic raw materials.

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Express enlists college football player Ethan Grunkemeyer for athlete ambassador program

RetailDive

Amid stubborn sales declines, the fashion retailer has broadened its style initiatives and is planning an international expansion.

Fashion 90
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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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Essential Skills for Data Entry Beginners: A London Perspective

365 Retail

Data has become an essential component of many businesses — from shaping strategic decisions to enhancing operational efficiency. The need for qualified data entry experts is expanding as the dependence on decision-making driven by data grows. Whether you’re a real data entry pro or a newcomer wanting to get into the industry, refining the necessary abilities is critical for securing a position.

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Nautica launches smart eyewear collection in multi-year agreement

RetailDive

With the help of developer Innovative Eyewear, the line will feature eight sunglass styles with up to 12 hours of music listening in one charge.

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Why Employee Engagement is Crucial for Digital Transformation Success

Digital Doughnut

Effective employee engagement campaigns can help improve the odds of successful digital transformation by more than two and a half times, according to a new study examining why 70 per cent of digital transformations fail to reach their objectives.

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Wolverine Worldwide appoints chief supply chain officer

RetailDive

In the newly created role, Bishu Jayaram will be responsible for the footwear company’s sourcing, distribution and logistics.

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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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Christmas Day: The Stores That Are Open for Last-Minute Shopping

RetailWire

Are there any stores open on Christmas Day?

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Ikea warning of possible out-of-stocks amid Suez Canal crisis

RetailDive

The retailer said that it's prioritizing safety as it considers alternatives to the embattled route.

Retail 82
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Tesla’s Battery Supplier Panasonic Halts Oklahoma Factory Plans

RetailWire

Panasonic Energy, Tesla's battery supplier, has chosen to forego its plans of establishing a battery factory in Oklahoma.

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4 Ways QR Codes are Transforming the Retail Shopping Experience

Retail TouchPoints

The next era for retail is already underway, and it all starts with the simple but powerful scan of a code. Nearly 50 years ago, UPC barcodes changed the game for retailers everywhere, and now we’re on the cusp of another massive transformation. According to GS1 US, a member of the GS1 global not-for-profit organization that develops and maintains global standards for barcodes, by 2027, 2D (two-dimensional) barcodes will become the de facto solution for CPG brands and retailers around the

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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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Honda Motor Company Recalls Multiple Models and Years for Fuel Pump

RetailWire

A Honda Motor Company recall has been issued for over 2 million vehicles across several makes and models.

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Cummins Fined $1.6 Billion for Alleged Emissions Deception

RetailWire

Prominent truck engine manufacturer Cummins has agreed in principle to a $1.6 billion settlement.

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Federal Guidelines Tighten Hydrogen Power Development for Tax Credits

RetailWire

The White House released eagerly awaited guidelines that have established strict environmental standards for hydrogen power development to qualify for the federal tax credits under the 2022 Inflation Reduction Act (IRA).

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US Regulator Warns Consumers To Stop Using Doraemon Toy Magnets After 7 Deaths

RetailWire

A warning was sent out alerting consumers to immediately stop using the magnetic ball sets by the Chinese seller Doraemon.

Toys 45
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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.