Thu.Nov 02, 2023

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Experimentation: The Holy Grail for Personalization, but Challenges Lie Ahead

Retail TouchPoints

Today’s online shoppers are looking for ecommerce businesses to connect with them on a personal level. By delivering relevant, targeted content and experiences — commonly known as personalization — ecommerce companies can increase engagement, conversion, average order value and ultimately, revenue. However, in 2020, Google announced plans to make third-party cookies obsolete on the internet in response to greater consumer privacy demands and new regulations.

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Predictions 2024: Insurers Will Seek Stability In The Face Of Uncertainty

Forrester eCommerce

Climate change and geopolitical turmoil will help shape a rocky landscape for insurers heading into the new year. Explore a few of our predictions.

Customer 438
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Vans, North Face Owner VF Corp Launches Transformation Strategy Following Investor Pressure

Retail TouchPoints

VF Corp , parent company of brands including The North Face , Vans , Timberland and Supreme , has unveiled its “Reinvent” transformation strategy after another disappointing quarter and pressure from a new activist investor in its ranks. VF Corp shares are down nearly 50% this year, and while expected, lackluster results in the company’s latest earnings haven’t helped matters.

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Tune Commerce Search To Support Santa This Holiday Season

Forrester eCommerce

Strong commerce search functionality will be pivotal in your customers’ digital shopping experiences this holiday season — learn what you must do to tune that.

Customer 392
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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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Ebay Reclaims NYC’s Canal Street from the Fakesters with Store Focused on Authenticated Streetwear

Retail TouchPoints

New York City’s Canal Street has long-been prime real estate for the sale of counterfeit and bootleg goods, but Ebay is looking to provide an island of reality there with the opening of a new shop featuring a selection of authentic (and authenticated) streetwear and sneakers from top Ebay sellers. All of the items in the Canal Street Wear retail shop have been verified as authentic through Ebay’s Authenticity Guarantee service, which recently expanded to include streetwear.

Fashion 250
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TikTok Usage Plateaus Among US Gen Z Teens

Forrester eCommerce

The results of Forrester’s Youth Survey, 2023, are in. This annual survey examines consumer and online behaviors of US teens 12–17 years old.

Consumer 410

More Trending

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When Generative AI Meets Double 11 — What To Expect On Singles’ Day 2023

Forrester eCommerce

Double 11 (aka Singles’ Day), the world’s largest shopping festival, is entering its 15th year. We expect to see a combination of old and new. The Good Old Discounts Are Back To consumers, the thrill of Double 11 lies in deep discounts and low prices.

Consumer 251
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40 Under 40: The New Retail Leaders Driving Industry Progress

Retail TouchPoints

The New Retail Leaders Driving Industry Progress The retail industry is changing rapidly, and a new collective of leaders are helping shape the future of commerce and omnichannel experience. Meet the 40 professionals we believe are making a big impact within the four walls of their businesses…and beyond.

Retail 246
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What's the Secret to a Top-Performing Media Mix? | Salsify

Salsify

Marketing in the digital age means having more media channel options than ever. There are traditional print and broadcast media outlets, plus social accounts, digital advertising programs, owned content platforms , email marketing, affiliate marketing — and the list goes on.

Channel 158
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Amazon Adds BNPL Option for Business Customers

Retail TouchPoints

Amazon Business has added a pay-over-time option for B2B customers via an expansion of its partnership with BNPL provider Affirm. Amazon Business will make the option available to all eligible sole proprietor businesses by Black Friday. Small business owners selecting Affirm at checkout will enter information, including their registered business name and address.

Payments 221
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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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7 Powerful Enterprise E-Commerce Platforms for Retail Businesses

Fabric

Enterprise e-commerce platforms are purpose-built to handle the complex needs of large-scale retail operations. The best platforms not only offer all the core commerce functions that are critical for retailers, but they also provide seamless integrations with third-party systems and have scalable cloud-based architecture to ensure optimal performance.

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Q3 2023 FastSpring Feature Release: Achieving Subscription Growth, Faster

FastSpring

We are excited to share the release of three new groundbreaking features designed to turbocharge your subscription revenue! 1ClickPay, Trial Hopping Prevention, and Offers API are designed to boost your conversion rates and increase customer lifetime value. They also complement several other subscription focused capabilities we have released over 2023.

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Mangopay Secures FCA E-Money Institution Authorisation

365 Retail

Mangopay , a bespoke payment infrastructure provider for platforms, has attained authorisation from the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI). This pivotal e-money license is a cornerstone for Mangopay’s strategy to extend its comprehensive suite of services to UK-based enterprises, underscoring the firm’s dedication to fortifying its UK operations.

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Michaels launches Etsy competitor MakerPlace

RetailDive

The initiative, which lets artisans sell goods and host virtual classes, is in addition to a third-party seller marketplace that debuted earlier this year.

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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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AliExpress Gears Up for the 11.11 Global Shopping Festival

365 Retail

AliExpress, the international online retail platform operated by Alibaba Group’s international arm, is set to initiate its 11.11 Global Shopping Festival. This year’s event is anticipated to deliver the platform’s quickest delivery times to UK customers, alongside a wide selection of discounted products. The festival is slated to begin at 08:00:00 GMT on 8 November, preceded by a three-day window where shoppers can preview discounts and compile their carts in readiness for the

eCommerce 109
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Amazon closing brick-and-mortar apparel stores

RetailDive

The closures involve just two locations, but represent a further retreat from non-grocery brick-and-mortar retail.

Apparel 129
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Raj Aggarwal Trophy finalist recognised for bleed kit installation as more stores commit

TalkingRetail

NN_Off_The_Streets the North Northamptonshire community group against knife crime has announced the installation of two more life-saving bleed control kits at convenience stores in the area. A 24hr access cabinet was installed at Gulf Petrol Station, 32 Grafton St, Northampton NN1 2NW and Mace Newsagents, 10 Mercers Row, Northampton NN1 2QL also purchased a kit.

Retail 96
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Target lights up digital in holiday push that balances sentiment, value

RetailDive

The return of experiential activations after several years and a 20% increase in digital investments aim to drive home a message around affordability.

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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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FTC Claims Amazon Creates Defect Ads and Uses Secret Algorithm To Control Pricing

RetailWire

The FTC claims that Amazon has created defect ads to increase profits and resorted to savage tactics in the price wars.

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Crocs tops $1B in Q3 revenue, but HeyDude continues to drag

RetailDive

Executives warned the holiday quarter could be rough for its DTC brand, with sales down as much as 25%, but said they still believe in its potential.

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DoorDash Introduces New Tipping Disclaimer To Address Delivery Delays

RetailWire

DoorDash has introduced a new pop-up tipping notification when customers leave a $0 tip.

Customer 105
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Peloton Q1 total revenue drops, expects muted holiday season

RetailDive

The fitness company's net loss during the quarter improved 61% and the brand reinstated full-year guidance.

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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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Disney Takes Full Ownership of Hulu in Long-Anticipated Acquisition

RetailWire

The Walt Disney Company has announced its acquisition of Comcast's remaining 33% stake in Hulu.

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Best Buy launches livestream holiday shopping series

RetailDive

In a partnership with TalkShopLive, the retailer is hosting three live shopping events that feature products from its new categories.

Events 92
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Sony expands its family of BRAVIA 4K Professional Displays with the addition of the EZ20L Series

365 Retail

Sony has today announced the expansion of its BRAVIA 4K Professional Display line-up with the introduction of the essential EZ20L series , which rounds out a full portfolio suited for commercial environments. With an extensive set of choices to meet a variety of requirements and budgets, Sony’s BRAVIA 4K Professional Displays now support high-end, mid-range, standard, and entry-level uses.

B2B 62
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Walgreens appoints new CIO as leadership transition continues

RetailDive

Neal Sample, first appointed in an adviser capacity in October, will report to CEO Tim Wentworth as EVP and CIO.

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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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Castore Reveals Expansion Through New Store Openings in the UK and Middle East

365 Retail

Castore , the British sportswear brand, is forging ahead with its global expansion, unveiling new stores across the UK, Ireland, and the Middle East. The Wirral-born label, established in 2015 by brothers Phil and Tom Beahon, has experienced a meteoric rise, transforming from a nascent startup into a burgeoning powerhouse within the span of eight years.

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CosRx acquired after Amorepacific takes controlling stake

RetailDive

The beauty brand will be integrated as a subsidiary of Amorepacific, which also houses brands like Laneige, Sulwhasoo and Innisfree.

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Hardys new global creative

TalkingRetail

Hardys celebrates the Joy of Certainty with new global creative for the wine brand Hardys has unveiled a new look for its global branding – The Joy of Certainty to help the brand resonate with a broader audience and position Hardys as a confident choice. The branding, which will cross all markets and territories is.

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Walmart opens third ‘next gen’ fulfillment center in Texas

RetailDive

The 1.5 million square-foot facility will enable faster delivery as the retailer prepares for the holiday season.

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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.