IntelligenceNode
SEPTEMBER 1, 2023
Predictive analytics is the practice of using data analysis, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data. It involves creating models. The post The Definitive Guide To Predictive Analytics in Retail appeared first on Blog.
Retail TouchPoints
SEPTEMBER 1, 2023
In strong economic times, smaller, newer brands — otherwise known as emerging or up-and-coming brands — have one thing in common: access to capital. This accessibility has historically allowed emerging brands to scale their businesses, gain widespread distribution and seamlessly find their way into consumers’ hands. Fast forward to current conditions and the macroeconomic downturn.
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lateshipment
SEPTEMBER 1, 2023
The e-commerce landscape today is more competitive than ever. Consumers have more choices than ever when it comes to their shopping needs. Meaning, the customer experience (CX) has become a cornerstone of customers choosing brands to shop with and businesses need to go above and beyond to provide a positive delivery experience in order to keep customers coming back.
Forrester eCommerce
SEPTEMBER 1, 2023
Over the past few months, we have been interviewing project management office (PMO) professionals and asking them about how they operate their enterprise portfolio management offices at their respective organizations.
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.
Retail TouchPoints
SEPTEMBER 1, 2023
Although Placer.ai’s quarterly index for Q2 2023 found that store traffic for discount and dollar stores were up 4.7% year over year, Dollar General CEO Jeff Owen revealed that the company was “not satisfied” with overall financial results for its Q2, which ended August 3, 2023. Dollar General reported a net sales increase of 3.9% to $9.8 billion, largely driven by positive sales contributions from new stores.
My Wife Quit Her Job
SEPTEMBER 1, 2023
In this Family First Friday episode, I show you the quickest way to start selling on Amazon step by step by leveraging the power of AI. I go over everything from how to use AI to help you find a profitable product to sell, how to find suppliers, and how to put up a high-converting listing with the power of artificial intelligence. What You’ll Learn Find A Product Or A Niche With AI Figure Out If There’s Demand For Your Product Create A High Converting Listing On Amazon With The Right
Online Retail Today brings together the best content for online retail professionals from the widest variety of industry thought leaders.
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ESW
SEPTEMBER 1, 2023
American consumers spent an astounding $1.29 trillion in online retail sales in 2022, yet roughly $212 billion worth of products — more than 16% of sales — were sent back in the form of online returns. Unsurprisingly, every January, brands and retailers see an excessive number of holiday shopping returns as millions of gift recipients and gift-givers took to the mail centre to send back unwanted products.
Retail TouchPoints
SEPTEMBER 1, 2023
Rosalind Brewer. Photo credit: Walgreens Boots Alliance Walgreens Boots Alliance CEO Rosalind Brewer has stepped down from her role, effective immediately. The company shared in a statement that Brewer and the Board of Directors “mutually agreed” on the decision, but did not provide further details. Although Brewer has technically spent less than three years at the helm, she played a critical role in the company’s success during the pandemic by “overseeing the critical ro
RetailDive
SEPTEMBER 1, 2023
Rosalind Brewer arrived a little over two years ago with deep retail experience, but that doesn’t seem to be the drugstore company’s priority, analysts say.
Retail TouchPoints
SEPTEMBER 1, 2023
JCPenney is self-funding its latest turnaround plan, which includes a reinvestment in its core customer and a more focused value proposition. CEO Marc Rosen shared in a briefing that given the retailer’s “strong balance sheet,” it is taking cash flow generated by the business and reinvesting it in core initiatives that will help “make every trip to JCPenney count.
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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.
RetailDive
SEPTEMBER 1, 2023
While many in the industry have warned of challenges, the athletics retailer continued to outperform, recording double-digit profit growth.
Retail TouchPoints
SEPTEMBER 1, 2023
In strong economic times, smaller, newer brands — otherwise known as emerging or up-and-coming brands — have one thing in common: access to capital. This accessibility has historically allowed emerging brands to scale their businesses, gain widespread distribution and seamlessly find their way into consumers’ hands. Fast forward to current conditions and the macroeconomic downturn.
RetailDive
SEPTEMBER 1, 2023
The company has faced a reversal in the rapid growth it saw early in the pandemic as consumer trends shifted in the years since.
Retail TouchPoints
SEPTEMBER 1, 2023
Our regular Editor’s Perspectives column offer insights and opinions from the Retail TouchPoints editorial team as they dig into the latest trends in retail, marketing and tech. As a proud classic movie buff, I thought I’d do a little reflecting on shopping scenes from memorable films made about 40 years apart. The more recent film is Terms of Endearment , the 1983 dramedy/weepie starring Shirley MacLaine and Debra Winger that won a slew of Oscars (including Best Picture and acting wins fo
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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.
RIS News
SEPTEMBER 1, 2023
Rosalind Brewer will be stepping down as Walgreens Boots Alliance (WBA) CEO and board member, effective August 31, 2023. Ginger Graham, currently the lead independent director of WBA, will serve as interim CEO.
RetailDive
SEPTEMBER 1, 2023
The company won the “Golden Ticket” from the mass merchant’s pitch competition for startups and will land in 1,800 Walmart stores as a result.
RIS News
SEPTEMBER 1, 2023
A major US retailer, renowned for its chain of hypermarkets and department stores, sought to revamp its post-payment audit program. The goal? To maximize lost revenue recovery and minimize future leakages.
RetailDive
SEPTEMBER 1, 2023
The retailer accounted for nearly 36% of all U.S. online grocery sales in Q2, up 5 percentage points from the same period in 2022, per Brick Meets Click and Mercatus.
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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.
RetailWire
SEPTEMBER 1, 2023
Shopify has announced that Amazon will launch an app in Shopify’s ecosystem, allowing U.S.-based merchants to offer Amazon’s “Buy with Prime” option. This collaboration will allow Shopify merchants who use Amazon’s fulfillment network to integrate the “Buy with Prime” app into Shopify Checkout, providing customers with access to Prime benefits like fast and free delivery.
RetailDive
SEPTEMBER 1, 2023
Fall-scented flushable wipes are here. Meanwhile, Academy Sports and Outdoors struck two deals this week, with Fanatics and L.L. Bean.
RIS News
SEPTEMBER 1, 2023
Dollar General Corp. released its second-quarter financial results, detailing growth, expansion, and recent promotions.
RetailDive
SEPTEMBER 1, 2023
With electronics demand sluggish, vendors are funding price discounts more often to generate sales through the retailer.
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.
365 Retail
SEPTEMBER 1, 2023
Michael Jones has been Chief Technology Officer at loveholidays, which claims to be “UK’s largest online travel agent”, since May 2019, after almost a decade at Uswitch, the price comparison website he helped scale and sell. At this year’s IRX @ DTX + UCX , at ExCel London on the 4th & 5th of October, he will discuss migrating to a modern commerce architecture to stay ahead of business and customer needs.
RetailDive
SEPTEMBER 1, 2023
The collection will be released next year in partnership with Ever Dye, a dye tech startup that aims to reduce carbon emissions.
365 Retail
SEPTEMBER 1, 2023
Luxury handbag restoration and preowned designer resale retailer, The Handbag Clinic has partnered with Harrods to launch an in-store concession from Friday 1 st September. Recognised as innovators within luxury aftercare and sustainability, The Handbag Clinic will seamlessly integrate its full range of repair and restoration services as part of Harrods’ in-store experience, enabling its clientele to enjoy luxury more consciously by prolonging the life of their luxury leather goods.
RetailDive
SEPTEMBER 1, 2023
With multiple new executives leading the company, Crate and Barrel wants to harness AI and automation technologies.
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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.
365 Retail
SEPTEMBER 1, 2023
Fresh Relevance has announced that Suit Direct has selected its versatile personalisation platform to power personalised experiences for its customers online. Suit Direct is a rapidly growing suit retailer in the UK. By selecting Fresh Relevance to power personalisation across its website and email marketing, Suit Direct will be providing its customers with a more engaging and tailored online experience.
Digital Doughnut
SEPTEMBER 1, 2023
This article delves into the social impact of livestreaming, analyzing its influence on communication patterns, community formation, celebrity culture, mental health, and economic opportunities.
TalkingRetail
SEPTEMBER 1, 2023
Healthier biscuit brand Belvita has announced its partnership with food charity FareShare as part of its mission to help fight food insecurity, with a brand-new initiative ‘Give a Smile’. Through its partnership with the charity, Belvita will donate up to 100,000 meals to help make a difference to those in need.
RetailWire
SEPTEMBER 1, 2023
Walmart is partnering with Web3 creative studio People of Crypto Lab to launch “Cultureverse,” an immersive metaverse experience celebrating Hip-Hop’s 50th anniversary and the transformative power of Black culture. The experience, hosted on the Spatial metaverse, pays tribute to Hip-Hop’s pioneers and explores its evolution’s impact on art, music, and fashion.
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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.
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