Wed.Nov 23, 2022

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Want To Improve Employees’ Insights-Driven Decision Making? Data Literacy Programs Alone Won’t Help

Forrester eCommerce

Companies want to be insights-driven, customer obsessed, and future fit. This journey includes investing in data literacy or spending on tech. In 2022, 75% of US business decision-makers responded that they are adopting enterprise-wide data literacy, and companies are projected to spend 4.7 trillion dollars on technology globally. But if tech execs think that these […].

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TalkShopLive to Translate Window Shopping into Streetside Purchasing in NYC

Retail TouchPoints

Window shopping is a time-honored New York tradition, especially around the holidays when retailers pull out all the stops. And while window shoppers typically have to enter the store to make actual purchases, this year livestreaming network TalkShopLive is making it possible for shoppers to buy what they see right there on the street. In partnership with FrontRunner Technologies, TalkShopLive is bringing a “live commerce window shopping experience” to NYC.

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Learnings From Our Hybrid Cloud Management Forrester Wave™

Forrester eCommerce

This blog piggybacks off of my last post regarding the management evaluations I’ve been working on in 2022. As previously noted, they take a lot of effort but deliver high value — a lot of which can’t be captured in a single report. I already shared my tidbits of advice for the cost management evaluation. […].

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AP: Amazon Ordered to End Retaliation Against Organizing Employees in Mixed Ruling

Retail TouchPoints

A federal judge has reportedly ordered Amazon to stop retaliating against employees engaged in workplace activism, according to the Associated Press. The ruling is part of a court case the National Labor Relations Board (NLRB) brought against Amazon in March 2022 seeking the reinstatement of an employee who was involved in organizing a warehouse on Staten Island , N.Y.

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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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11 of the Best Link-Building Strategies to Grow Your SEO

Digital Doughnut

Starting out on your link-building journey can seem daunting at first. In fact, over half (52%) of marketers say link-building is the trickiest SEO tactic, according to data from Ascend2. It’s also one of the most effective SEO strategies behind on-page content and keyword research.

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Video is Not Just for Security Cams Anymore

Retail TouchPoints

Mention the words retail and video in the same sentence to any merchant and right away they think security cams, grainy low-res images and theft prevention. Ensuring safety and security is still one of the main reasons companies deploy cameras. But digital video offers many more capabilities and far more value today, thanks to artificial intelligence and pioneering advancements made to camera and data storage technologies.

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Banana Republic Returns to UK and Ireland via Next plc Partnership 

Retail TouchPoints

Gap Inc. has expanded its partnership with Next plc as part of its return of the Banana Republic brand to the UK and Ireland. The partnership includes Next’s management of a Banana Republic-branded ecommerce shop and a presence within Next’s brick-and-mortar stores, according to WWD , and the joint venture will include the Athleta brand by 2023. The Gap Inc.

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History of the casino industry in the UK

365 Retail

Gambling has existed in our culture for centuries, with the first gaming house appearing in Europe in 1638 in Venice. In 1765, the appeal of casinos spread to France when Paris opened its first casino. However, it wasn’t until a century later, in 1828, that the first gaming club opened in the UK on Curzon Street. But where did casinos as we know them today arrive in the UK?

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The Holidays are Big for Cannabis — How Retailers can Succeed in ‘The Season of Green’

Retail TouchPoints

The holiday season is just as important for cannabis as it is for other areas of retail, with Green Wednesday (the day before Thanksgiving), Black Friday and the leadup to Christmas all driving sales spikes in 2021, according to Surfside’s The Season of Green report. While cannabis may not jump out as a key holiday category as much as toys or electronics, the surge in sales still makes it an important time of the year.

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Macy’s establishes mini distribution centers at 35 stores

RetailDive

The conversions give the retailer a closer delivery presence to customers, which will be advantageous during the holiday season.

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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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Composable Commerce in a Nutshell

GetElastic

The world of online shopping is constantly evolving. In the past few years poor customer experience and sluggish page loads caused by monolithic platforms have accelerated the need for better flexibility and the ability to create a more personalized customer experience. For many, embracing Composable Commerce has filled this need. In this blog I’ll break down the fundamentals of a Composable Commerce approach, the benefits it brings to modern eCommerce businesses, and what businesses it’s most s

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Poshmark creates Secondhand Sunday holiday

RetailDive

The resale site’s research suggests that shoppers are turning to used items to save money amid inflation concerns.

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How To Find The Right Dispensary Location

Korona

In some ways, looking for cannabis shop real estate is much like looking for a location in any retail industry. In other ways, it’s a far different experience. To be sure, selling recreational marijuana comes with many rules and regulations. And entrepreneurs must keep all these legal parameters in mind when thinking about how to find the right dispensary location. .

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Dick’s Sporting Goods sales up 50% from 2019

RetailDive

With comps continuing their steady rise, the retailer “remains a very bright spot in a darkening retail sky.

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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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Tips for Magento Website Speed Optimization

MagentoBrain

In 2021, there were approximately 150 million online shoppers annually, compared to about 135 million online shoppers in 2020 India. This increase can be attributed to the growth of the e-commerce industry in India and to the coronavirus (COVID-19) pandemic, which led to a change in the shopping behavior of consumers. In 2022, the number of online shoppers is expected to increase further.

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Nordstrom keeps focus on Rack as Q3 beats expectations

RetailDive

The department store is opening more off-price locations and improving their inventory, but that invites cannibalization of its full-price stores.

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Thinking About Getting Your First Electric Car? Here’s What You Need To Know

365 Retail

Electric cars are becoming increasingly popular, especially now, as the government has announced plans to stop selling petrol and diesel cars from 2030. The electric car market is growing, with new models and manufacturers popping up all the time. Because of this, now could be the perfect time to buy an electric car if you’re thinking about getting one soon.

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Dollar Tree sales jump 8% as revamped retailer chases price-wary consumers

RetailDive

The company has a new bench of leaders and has turned its attention to improving price gaps and its shabbier stores.

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From Data to Decisions: Maximizing Retail Potential with 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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Cyber 5 Trends For 2022: Bring Your A-Game for a Frictionless Shopping Bonanza

Pivotree Blog

Let’s start with the supposed “bad news” first. As many as 46% of shoppers were reported to have started their holiday shopping earlier than usual in 2022, according to the National Retail Foundation. Going by these numbers, it’s easy to assume that retailers looking to win big in 2022 may already be late to the party. But is that the whole picture?

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How Customer Data Can Take Your Retail Business To The Next Level

RetailMinded

As a retailer, you likely already have a wealth of customer data. This data can include customer contact information, purchase history, and demographic information. By understanding this data, you can gain insights into your customer’s needs and preferences, which can, in turn, help you to improve the shopping experience and boost sales. . In addition, analyzing customer data can help you to identify trends and anticipate future demand.

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Five of the Biggest Companies Already Using NFTs

Digital Doughnut

Over recent months, there has been an ongoing plunge in interest in non-fungible tokens or NFTs. It still seems to be quite a knowledge gap regarding what they really are, how useful they are and whether they could become valuable assets for individuals and businesses.

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Americans are willing to spend to keep Thanksgiving traditions

RetailWire

It costs more to travel than last year. It also costs more for a Thanksgiving meal. These inflation-driven realities do not appear to be deterring Americans in any significant way from their annual traditions.

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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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Master the “Get” Experience — Supply Chain Advice for Any Commerce Business

Pivotree Blog

Your hard work paid off. You gained your customer’s trust. Helped them find the right products. And created a buying experience that sealed the deal. . Now it’s time to nail the finish. . This article shares advice on the 4 th phase of the frictionless commerce customer journey. Not every “Get” approach will apply to you. But within this list, you’ll find tactics for any commerce business.

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Retailers go deep, deep, deep with holiday discounts

RetailWire

Chief financial officers in retail are forecasting lower profits as merchants squeeze margins to move excess inventory and entice consumers to increase their discretionary spending in the run-up to Christmas. The average margin on earnings before interest and taxes for retailers in the S&P 500 was 10.7 percent in the third quarter, down from 13.2 percent a year earlier, according to S&P Global Market Intelligence.

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How Home Depot uses tech to prepare for a holiday surge

RetailDive

The final stretch of the year, with its back-to-back holidays and spikes in demand, puts supply chains and IT systems to the test.

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Employee kills six at Walmart in Virginia

RetailWire

A disgruntled Walmart worker opened fire, killing six people at a Virginia store before taking his own life. Most of the victims were found inside the store with one outside. At least four people were taken to local hospitals to treat injuries sustained during the attack.

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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.

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Shopify Success Stories

Prisync

As we all know, Shopify is one of the biggest ecommerce platform that millions of.

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5 Ways Your Killer Products Make You Recession-proof in 2023

Retalon

5 Ways Your Killer Products Make You Recession-proof in 2023 The pressure is on. Only two minutes left in the last quarter of the championship basketball game, and your team is down by three points to take the win. Decision time. Do you send in your weakest player, the one. The post 5 Ways Your Killer Products Make You Recession-proof in 2023 appeared first on Retalon.

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Drought is costing U.S. cotton industry billions of dollars

RetailWire

The combination of too little rain and extreme heat is decimating the cotton crop in Texas, where 40 percent of the nation’s total is grown. “It’s been one of the harshest growing years that we have ever seen historically, all the way back to the 1950s,” said Kody Bessent, CEO of Plains Cotton Growers. The U.S. is one of the world’s largest exporters of cotton.

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Union and Starbucks offer different takes on shuttered store

RetailWire

Starbucks says it is closing a store in Seattle due to security and safety concerns. The union, which represents workers at the location, says the store is being shuttered to interfere with workers’ right to organize.

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib