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Ikea Improves Forecast Accuracy with AI-Powered Demand Sensing

Retail TouchPoints

Ikea Retail (Ingka Group) has seen “game-changing” results since employing artificial intelligence-powered demand sensing technology. AI has been a game-changer for us, making our routine tasks easier with the use smart models,” explained Parag Parekh, Global Chief Digital Office (CDO) for Ikea Retail (Ingka Group) in a statement.

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The Body Shop UK Enters Administration

Retail TouchPoints

Private equity firm Aurelius Group purchased the retailer from Natura &Co in November 2023 for nearly $258 million. The Body Shop has faced an extended period of financial challenges under past owners, coinciding with a difficult trading environment for the wider retail sector,” according to a quote from FRP in the Reuters article.

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Single Keyword Ad Groups: Still Relevant in 2019?

Store Growers

Single Keyword Ad Groups (also called SKAGs) offer an answer to this challenge. So in this article, we’ll take a look at what SKAGS are, if they are still relevant and what other options you have. What Are Single Keyword Ad Groups? The two extremes are: Extreme 1: Mess – one ad group with all your keywords.

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Exclusive Q&A: Queer Executive Seeks Genuine Corporate Support, not ‘Rainbow-Washing’

Retail TouchPoints

You may recall that last year, Target caught a lot of flak from LGBTQ+ groups for moving (and in some cases removing altogether) Pride-themed merchandise from prominent locations in its stores. Do you have an LGBTQ+ employee resource group? RTP: What advice would you give on making a brand’s Pride celebration as successful as possible?

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Conservative groups call for Chick-fil-A boycott

RetailWire

Chick-fil-A, long a darling of conservative political and religious groups, is now the target of boycott calls by right-wingers who disapprove of the company having a department dedicated to diversity, equity and inclusion.

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Kohl’s end sales talk with Franchise Group

RetailWire

Kohl’s has decided to end sales talks with Franchise Group. It was reported that Franchise Group had sought to lower its initial bid to acquire Kohl’s. The retailer’s board determined that it could not get a fair price for the company based on current market conditions.

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How to Rank New Content Faster

Kissmetrics

We also repeated this search 60 days after the article was published to see if there were any major differences. We then split the sites up into 9 groups. Roughly 70 sites per group. Each group only leveraged 1 tactic to see if it helped with rankings. Here’s a breakdown of each group.

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