Tue.Oct 24, 2023

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Z Gallerie Files for Bankruptcy Again, Looks for Buyer 

Retail TouchPoints

Z Gallerie has filed for bankruptcy due to “severe liquidity constraints” resulting from “underperforming retail stores, adverse macroeconomic trends and industry-specific headwinds,” according to documents filed by the retailer. It has received a $1.1 million line of credit to maintain operations during the bankruptcy process. This is the third time Z Gallerie has filed for Chapter 11.

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Predictions 2024: Exploration Generates Progress 

Forrester eCommerce

Our message to clients for 2024 is simple: Don’t wait. Read Predictions 2024 to discover why you need to move on genAI now, plus our takes on dozens of other critical topics.

Other 538
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BuyBuy Baby to Reopen in Time for the Holidays

Retail TouchPoints

BuyBuy Baby is ready to “reclaim its spot as America’s leading specialty baby and toddler products retailer.” The retailer will soon return to both digital and physical retail, less than four months after it was purchased out of bankruptcy by baby care brand Dream on Me. The BuyBuy Baby website will relaunch later this month and 11 brick-and-mortar stores will then reopen in November featuring “an elevated shopping experience” and revamped registry, according to a company representative.

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Top 5 Things You Need To Know About How Generative AI Is Used In Security Tools

Forrester eCommerce

We just released a huge new report: How Security Tools Will Leverage Generative AI with collaboration across the entire Forrester Security and Risk team. This report looks at how generative AI will affect six different security domains: detection and response, Zero Trust, security leadership, product security, privacy and data protection, and risk and compliance.

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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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501: Student Story – Making 7 Figures Selling Farmhouse Home Decor With JK Beaton

My Wife Quit Her Job

Today I’m thrilled to have JK Beaton on the show. JK is a longtime student of my Create A Profitable Online Store Course and he runs a seven figure business selling home goods over at SaratogaHomeOnline.com. In this episode, you’ll learn how he got started and how he continues to scale his ecommerce business. Enjoy! What You’ll Learn How JK made his first organic sale A deep dive into JK’s home decor business How to create a successful kitchen storage business from scratc

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What’s Behind The Strategy Axis In A Forrester Wave™ Evaluation?

Forrester eCommerce

TL;DR: It gauges your vendor’s commitment. As some of you might have noticed, David Holmes and I released Forrester’s inaugural ZTE evaluation, The Forrester Wave™: Zero Trust Edge Solutions, Q3 2023. If you haven’t taken a look, please do.

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US Holiday Retail Sales Will Reach $969 Billion In 2023

Forrester eCommerce

Despite diminishing pandemic-related excess savings, rising interest rates, and the resumption of student loan payments, US retail sales will continue their growth in the 2023 holiday season. Read more of Forrester Principal Forecast Analyst, Jitender Miglani's insight in this blog.

Retail 411
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Hibbett and Nike Connect Loyalty Programs 

Retail TouchPoints

After linking its loyalty program with Dick’s Sporting Goods in 2021, Nike is now partnering with Hibbett on a similar “ connected partnership.” Members can now link their Nike membership and Hibbett Rewards accounts on the Hibbett website. First-time subscribers can also go to the Hibbett site to register for a new account and immediately link the programs.

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Predictions 2024: Invest In AI And Sustainability Compliance To Flourish As The EU Pursues Regulatory Superpowerdom

Forrester eCommerce

Forrester’s Predictions 2024 for Europe show a dynamic year ahead, with new technologies, reporting requirements, and ways of working. Read our predictions for Europe.

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Embracing Community, Data and Failure: Top Trends and Takeaways from AWNY

Retail TouchPoints

What better place than a defunct mall to explore the future of retail and customer engagement? That’s exactly what attendees at Advertising Week NY did last week as thousands of marketing and brand executives descended on the former Manhattan Mall in midtown for the annual conference and trade show. Retail TouchPoints was onsite all four days and now we’re bringing you some of the top takeaways shared by some by leading marketing and advertising executives at the event.

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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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Amazon’s Unleashed Android Robots In The Warehouse: Will We Get Along?

Forrester eCommerce

Amazon announced that it will lead a research project on how robotics and AI will impact the future of jobs. Two new service robots, Sequoia and Digit, were unveiled, as well. Robots in their warehouses are not new.

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Amazon Doubles Down on Drone Expansion Worldwide

Retail TouchPoints

Amazon unveiled a swath of the innovations and enhancements to its fulfillment and delivery operations at the annual Delivering the Future event earlier this month, including plans to expand drone delivery services both in the U.S. and internationally. Amazon’s new MK30 drone, which is lighter, faster and quieter than its predecessor the MK27.

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Ready, Set, Go! Get A Quick Start On Your Consumer Personalization Strategy

Forrester eCommerce

Consumers and customers interact with brands across their customer journeys (see figure). Many of these moments are personalized. Though the end customer doesn’t necessarily distinguish between different types of interactions, companies acutely know that different personalized tactics require different strategies, data, and technology.

Consumer 390
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Is eBay Safe? 11 Safety Tips To Avoid The Scams

My Wife Quit Her Job

eBay is the second-most popular online marketplace in the US behind Amazon that offers a convenient platform for buying and selling goods online. But is eBay safe? And can you get scammed on eBay? In this post, I’ll share everything you need to know about eBay, including their policies, common scams, and tips to keep you safe for a happy shopping experience.

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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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Predictions 2024: APAC Firms Inspired By The GenAI Wave

Forrester eCommerce

In 2024, the APAC region will see a significant amount of change driven by generative AI. Learn more in our 2024 APAC predictions.

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2023 Salsify Equity, Diversity, and Inclusion (ED&I) Report | Salsify

Salsify

Salsify published its third annual equity, diversity, and inclusion (ED&I) report, which dives into the company’s goals, strategy, progress, and future commitments.

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Release Generative AI Solutions Without Testing Them Comprehensively At Your Peril…

Forrester eCommerce

Generative AI is Software and Software needs testing Generative AI, Machine Learning Models, Deep learning models are all software. As any software, it needs to be tested to make sure that it’s doing the right things and doing them in the right way.

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Hello Bello files for bankruptcy amid supply chain setbacks

RetailDive

The baby care company — founded by celebrities Kristen Bell and Dax Shepard — has agreed to a stalking horse bid from private equity firm Hildred Capital Management.

Supplies 115
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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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Predictions 2024: Tech Leaders Boost Ops To Grow With AI

Forrester eCommerce

In 2024, tech leaders will struggle to find the skills and talent to make the most of AI and power growth. Learn more in our 2024 predictions for tech leaders.

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Why holiday spending is going to the dogs

RetailDive

As prep for the holidays begins, pets are increasingly landing on consumers’ gift-buying lists — sometimes over other family members.

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Sephora Expands UK Footprint with Second Store in Westfield Stratford

365 Retail

Sephora is set to open its second UK store in Westfield Stratford on November 15th, 2023. This comes after the brand’s highly successful debut in Westfield White City earlier in March. The White City store saw an unprecedented turnout, with 5,000 people attending the opening day and sales soaring to +300% above expectations. The Stratford location is anticipated to be the first in a series of new stores as Sephora actively scouts for sites across the UK.

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September retail sales signal tepid holiday spending

RetailDive

This year, frugal consumers will likely continue to be careful and prioritize spending on experiences over goods, analysts say.

Retail 131
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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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Crunching the Numbers: Visual Statistics That Drive Print Advertising Success

Digital Doughnut

In the ever-evolving world of marketing, where digital platforms often steal the spotlight, print advertising continues to hold its ground as a powerful medium for reaching and engaging audiences. Unlock print advertising success with visual stats and boost your campaigns now!

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Former Nike exec Trevor Edwards joins VF Corp.’s board

RetailDive

Edwards, once seen as stepping into the CEO role at the athletic gear powerhouse, left five years ago as questions swirled about its work culture.

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Video: Media Mix Modeling (MMM) for Advanced Performance Insights

ROI Revolution

The world of digital marketing is evolving quite a bit. A lot of the old methods for measuring and assessing performance don’t hold as well as they used to. Watch this video to discover how ROI Revolution’s proprietary MMM (media mixed modeling) can help. Using Media Mix Modeling (MMM) to Gain Advanced Performance Insights We at ROI Revolution are leaning into a combination of media mix modeling and new analytics and reporting capabilities overall.

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Release Notes | October 2023: Updates to Tax Exemptions and New Offers API

FastSpring

Release notes is our monthly highlight of our great features coming out on the FastSpring platform so you’ll be able to pick up and go with the latest features for your store. If you want to know more about FastSpring, reach out to our sales team for a demo , or try it yourself. Offers API Release We have released a new Offers API to allow users to surface upsell, cross-sell, addons, and alternative offers to prospective buyers at every customer interaction.

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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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Tyson Foods Invests in Eating Bugs and Insect Protein

RetailWire

Eating bugs might be in your future sooner than you think thanks to Tyson Foods.

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Kim Kardashian’s Skims launches into men’s

RetailDive

Skims Mens debuts exclusively on the brand’s website on Thursday and will include T-shirts, tanks, boxers and briefs.

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C-store retailers respond to launch of Project Pegasus retail crime initiative

TalkingRetail

The announcement of the Project Pegasus initiative, a business and policing partnership which aims to improve the way retailers are able to share intelligence with policing, has received a mixed response from convenience store managers. Pegasus is backed by the Home Office, John Lewis, the Co-op, M&S, Boots, Primark and several more, who have collectively.

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Amazon pilots collaborative shopping tool within app

RetailDive

The new feature allows users to send products to friends from its app and receive feedback before making a purchase.

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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.