Practical eCommerce
FEBRUARY 5, 2024
Digital transformation has spawned many new businesses and remade others. Identifying and monitoring competitors has never been more critical. ChatGPT can help identify and analyze direct and indirect competitors, including those. The post ChatGPT Prompts for Competitor Analysis appeared first on Practical Ecommerce.
Forrester eCommerce
FEBRUARY 5, 2024
In 2023 global cloud vendors all came up with their own digital sovereignty solution to address rising concerns from their customers. However, when I ask customers and vendors to define what digital sovereignty means for them, silence is the most common response.
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Retail TouchPoints
FEBRUARY 5, 2024
Ingka Group , parent company of Ikea Retail, has debuted an AI-powered home design inspiration and shopping tool on the OpenAI GPT Store. Consumers can use ChatGPT to describe their specific home design needs and receive customized recommendations, for example, “Show me a cozy living room layout for a small apartment with the use of sustainable materials.
Forrester eCommerce
FEBRUARY 5, 2024
We’re now accepting nominations for our Technology Strategy Impact and Enterprise Architecture Awards across the NA, EMEA, and APAC regions. Learn more about the awards and how to apply in this post.
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
FEBRUARY 5, 2024
Retail media networks (RMNs) have taken the digital ad world by storm over the last few years. The ability to monetize your website(s) as a media network offers a new, welcomed revenue stream in a highly competitive and ever-evolving commerce landscape. As the RMN market is projected to surpass $100 billion in coming years, it’s no surprise that RMNs have been sprouting across various sectors, from hospitality and finance to conventional retail.
Forrester eCommerce
FEBRUARY 5, 2024
Organizations are constantly seeking ways to gain a competitive edge by transforming data into actionable insights through analytics. However, achieving analytical success goes beyond just collecting large volumes of data and building dashboards.
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Forrester eCommerce
FEBRUARY 5, 2024
Check out new Forrester research on how to build, improve, repair, or elevate your relationship with your technology counterparts.
Retail TouchPoints
FEBRUARY 5, 2024
Fashion brand Lulus has opened its first bridal boutique in Los Angeles, creating an experience designed to support brides throughout their entire experience — from engagement to honeymoon. The boutique, which opened Feb. 1, 2024, is in a specially designed space on the upper level of the Lulus on Melrose retail store, offering a curated selection of bridal gowns, bridesmaids’ dresses, bridal accessories and shoes.
RetailWire
FEBRUARY 5, 2024
According to Federal Reserve Chair Jerome Powell, the time is nearing when interest rates will decrease. However, Americans need to wait just a little bit longer as the central bank wrestles with inflation.
Retail TouchPoints
FEBRUARY 5, 2024
New Balance and Anthropologie have both announced new initiatives to enhance ongoing sustainability efforts: New Balance is now accepting and selling secondhand shoes in the U.S., while Anthropologie is bringing denim recycling to its stores year-round. New Balance Debuts ‘Reconsidered’ Program To launch its new Reconsidered resale program, New Balance has teamed up with resale tech platform Archive for its branded online experience and Tersus Solutions for the cleaning, fulfillment and warehous
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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.
TalkingRetail
FEBRUARY 5, 2024
Asda will open 110 Asda Express convenience stores in February – a record for a single month – to accelerate its growth strategy in convenience and put it firmly on track to reach 1,000 UK stores in total for the first time.
Retail TouchPoints
FEBRUARY 5, 2024
M.M.LaFleur is bringing back one of the positive elements of the 2020 elections, its Ready to Run program, which provides apparel — and now styling advice — to female political candidates. More than 1,000 women applied for the 2020 program, with the retailer lending clothes to more than 275 women running for positions from City Council to Congress. Among those participants, 183 got their names on ballots for that year’s election.
TalkingRetail
FEBRUARY 5, 2024
The minimum price of alcoholic drinks is Scotland could rise by 30% from May. The measures put forward by Scottish government ministers are aimed at controlling alcohol-related deaths and hospitalisations.
Retail TouchPoints
FEBRUARY 5, 2024
Culture has a profound influence on commerce. How we buy, why we buy and where we buy is driven by how we live and the cultural moments that shape our communities. This is a foundational theme for this year’s Retail Innovation Conference & Expo, which is why we’re thrilled to introduce our keynote speaker: Dr.
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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.
RetailDive
FEBRUARY 5, 2024
Stefano Caroti, who most recently was the company’s chief commercial officer, also led Hoka in the interim and spent over a decade at Nike.
RIS News
FEBRUARY 5, 2024
The company announced it would be rolling out a new artificial intelligence assistant for shopping called Rufus – one of many AI-driven projects and initiatives Amazon says it has in the works.
RetailDive
FEBRUARY 5, 2024
To coincide with the launch of a new prescription hair growth treatment, the brand is running a 1980s-themed campaign called “Follicle Fitness.
RIS News
FEBRUARY 5, 2024
Two major retailers, Tractor Supply and Walmart, have seen significant growth from their reworked store strategies, and are doubling down on efforts as we move further into 2024.
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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.
RetailDive
FEBRUARY 5, 2024
2024 will be a year of innovation in retail and AI is at the forefront.
RIS News
FEBRUARY 5, 2024
The store-within-a-store (SWAS) retail model is quickly gaining traction, with major retailers like Target and Lowe's dedicating a small portion of their physical spaces for smaller brands to set up a shop or display.
RetailDive
FEBRUARY 5, 2024
After retailers cut back on inventory levels last year, the footwear giant's CFO said he expects things to turn around in 2024.
RIS News
FEBRUARY 5, 2024
Timed with the Apple Vision Pro release, retailers have been unveiling new applications for visionOS. RIS News gives a rundown of the first retailer and consumer goods companies to launch apps in the new visionOS App Store.
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.
Practical eCommerce
FEBRUARY 5, 2024
Google Ads offers seven YouTube campaign subtypes, ranging from reaching users while browsing to driving conversions. The post Understanding YouTube Campaign Types appeared first on Practical Ecommerce.
RetailWire
FEBRUARY 5, 2024
The parent ad business of Facebook, Meta, is thriving again, while AI gives more sufficient support to its rise in capital spending.
RetailDive
FEBRUARY 5, 2024
As winter weather continues, stores are challenged to ensure proper waste and recycling processes.
RetailWire
FEBRUARY 5, 2024
In an elaborate scam, a multinational firm's finance professional was outwitted into transferring a staggering $25 million to fraudsters. The criminals posed as the company's top financial officer and other staff members, using deepfake technology, according to Hong Kong police.
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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
FEBRUARY 5, 2024
Despite 2023 being hailed as the year of the Artificial Intelligence (AI) hype-curve, UK shoppers are clear that AI can never replace human interaction. Nearly three quarters (74%) of consumers believe no matter how good AI becomes at improving customer experience (CX), there will always be a role for human interaction in retail, according to new research from the Retail Technology Show (RTS) , the industry’s leading event taking place on 24 & 25 April 2024 at London’s Olympia.
RetailDive
FEBRUARY 5, 2024
The home furnishings retailer, which attributes its progress to clean energy initiatives, said greenhouse gas emissions declined by 11.5% last year.
365 Retail
FEBRUARY 5, 2024
Asda has announced a landmark expansion plan to open 110 Asda Express convenience stores across the UK in February, marking a significant step in its strategy to enhance its convenience sector presence and reach a total of 1,000 stores nationwide for the first time. This ambitious project involves converting 109 former convenience stores, acquired from the Co-op and EG Group, into Asda Express outlets, alongside one additional store opening organically.
RetailDive
FEBRUARY 5, 2024
The company wants products entering its facilities to move as efficiently as items being delivered to customers.
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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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