Tue.Oct 29, 2024

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New Data Shows Who Controls Household Spending and Budget | Salsify

Salsify

At first glance, who influences — and ultimately controls — household spending isn’t always readily apparent. And as the concepts of “family” and “household” evolve, so too do the dynamics behind their collective spending decisions.

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AI And GenAI Are Game-Changers For Enterprise Architecture Leaders

Forrester eCommerce

AI and, most recently, generative AI (genAI) have uncovered the true power of automating tasks that previously were tedious to complete or difficult to improve the efficiency of the work within a singular domain of the business.

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Unwrap New Holiday Shoppers in 2024: The Gift of In-app Advertising

Retail TouchPoints

With a shorter-than-usual holiday shopping season ahead, competition for share of wallet will be exceptionally fierce. In addition to the compressed retail rush, Salesforce reports that 43% of consumers are carrying more debt than last year, making the fight for attention even more intense. As holiday bargain hunters flock to crowded malls and equally crowded online platforms, retailers will battle for visibility in inboxes, on social media and across the web.

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GenAI is a land of confusion for revenue leaders

Forrester eCommerce

One of the benefits of an analyst role at Forrester is engaging with B2B leaders to understand their business challenges and priorities. This month, I was fortunate to spend time in person with a broad range of sales and operations leaders at Forrester’s B2B Summit EMEA and other events in London.

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The Trends You Need to Succeed This Holiday Season

October Prime Day is usually an early sign of how consumer spending trends ahead of the holidays. This one was no exception. Our October Prime Day Report breaks down what’s working: the products flying off the shelves, the categories winning big, big brands, and the search terms defining demand. All brought to you via Similarweb’s Shopper Intelligence platform.

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Marks & Spencer to Deploy Changing Room Self-Checkout in 100 Stores by 2028

Retail TouchPoints

Marks & Spencer plans to install self-checkout POS stations in the changing rooms in its 180 clothing stores, according to the Telegraph and other news outlets. The UK retailer already has deployed the changing room checkouts in 28 refurbished stores, including its Fosse Park flagship in Leicester, and plans to have the technology installed in more than 100 stores by 2028.

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Transforming Enterprise Networks With AIOps: A New Era Of Intelligent Connectivity

Forrester eCommerce

Learn how AIOps provides real-time contextualization and insights across the IT estate, ensuring that network infrastructure operates at peak efficiency in serving business needs.

More Trending

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Retailers: Adopt Three Application Security Technologies Now

Forrester eCommerce

Three application security technologies are key for retailers to adopt before holiday season.

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4 Rules for Maximizing Creator Investments from Top Influencer Your Rich BFF

Retail TouchPoints

Despite brief blips like the post-pandemic “deinfluencing” phase and intermittent conversations about “influencer fatigue, ” influencer, or as it’s now more commonly called, creator marketing is continuing to chart a steady path of growth. Valued at nearly $128 billion in 2023, Coherent Market Insights predicts that the creator economy will reach $528 billion by 2030.

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HLTH 2024: Bold Commitments and Key Takeaways

Forrester eCommerce

This year’s HLTH conference embraced the theme of ‘Be Bold.’ Speakers committed strongly to tackling some of the toughest challenges in healthcare, such as lack of access, clinician shortages, and frustrating prior authorization (PA) processes.

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Hilco, TPG Form Joint Venture to Acquire Struggling Brands, Beginning with Bebe and Brookstone

Retail TouchPoints

Financial services company Hilco Global and asset management firm TPG Angelo Gordon have formed a new joint venture (JV), with the goal of acquiring and financing consumer brands and IP in partnership with brand management firm Bluestar Alliance. Just last month, Bluestar acquired luxury streetwear brand Off-White from LVMH , and one of the JV’s first moves will be to co-invest an undisclosed amount in the Off-White brand.

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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HelloFresh Celebrates ‘Friends’ 30th Anniversary With ‘Rachel Green’s Trifle’ Kit

RetailWire

HelloFresh is the latest company to celebrate 'Friends.

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Crocs lowers outlook as Heydude continues to drag down revenues

RetailDive

The company is working to build Heydude’s brand awareness and momentum through influencer partnerships after a 17% revenue drop in Q3.

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Woman Sues JetBlue for Breaking Tooth on Frozen Treat

RetailWire

A woman filed a lawsuit against the airline, saying she was served a frozen solid ice cream sandwich during a transatlantic flight.

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5 retail horror stories of 2024

RetailDive

From Youthforia’s problematic foundation shade range to Foxtrot’s abrupt shuttering, retailers have been the subject of some scary stories.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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British Airways Becomes Latest Airline To Suspend Flights to Israel Until March 2025

RetailWire

British Airways is acting out of an abundance of caution.

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Top WooCommerce Extensions to Grow a Store

Practical eCommerce

Our handpicked list of 20 tools will drive traffic, streamline operations, and grow revenue. The post Top WooCommerce Extensions to Grow a Store appeared first on Practical Ecommerce.

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First Watch Brings in a New ‘Double Decker Taco’ as Taco Bell Reportedly Ushers It Off Its Menu

RetailWire

First Watch, a breakfast, lunch, and brunch restaurant that is slowly opening locations nationwide, has joined the Double Decker taco craze first launched by Taco Bell by unveiling its own take on the popular treat.

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Macy’s taps actress Alison Brie for holiday campaign

RetailDive

The spots, which depict Brie embodying the human version of the department store’s annual gift guide, will air across TV, digital and social channels.

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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

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7-Eleven To Close 444 Stores, Open 500 New Stores, and More

RetailWire

Seven & i Holdings Co., Ltd. has released a presentation outlining its future plans.

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Ross names new CEO

RetailDive

James Conroy, who was previously the chief executive of Boot Barn, will succeed Barbara Rentler, effective Feb. 2.

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PayPal Reports Strong Financial Results for Q3 2024

RetailWire

PayPal earnings per share beat analysts' expectations for the third quarter of 2024.

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Party City taps Instacart for same-day delivery

RetailDive

Customers can now get delivery in as fast as an hour from over 700 of the retailer’s stores across the country.

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5 Steps to Omnichannel E-Commerce Success

Today’s e-commerce landscape is vast and it’s moving fast and is fiercely competitive. To thrive you need to offer the right products to the right customers on the best channels. Learn how to successfully harness the power of omnichannel selling to reach more online buyers, diversify and grow revenue, and reduce cost – while delivering a seamless "shop to ship" customer experience across all channels.

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JPMorgan Chase Suing Customers for Check Fraud After ‘Infinite Money Glitch’

RetailWire

In four civil lawsuits filed in three federal courts, banking behemoth JPMorgan is demanding the return of money allegedly withdrawn from Chase ATMs through a technical error collectively called the “infinite money glitch.

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Adidas reaches settlement with Ye as Yeezy inventory dwindles

RetailDive

The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace styles.

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Creating Trust and Managing Availability: Navigating Price Sensitivity and Stock in the Omnichannel Era

Wiser

For today’s consumers, price and availability aren’t just practical considerations, they are foundational elements of trust. As shoppers seamlessly transition between online and in-store experiences, they expect consistency in pricing and reliable information about product availability. However, our recent surveys highlight that many brands and retailers are still grappling with discrepancies and stock issues, which can erode consumer confidence and loyalty.

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Target’s Thanksgiving Meal Is $5 Cheaper Than 2023

RetailWire

Target is helping families get their Thanksgiving meals on the table faster, cheaper, and with less stress.

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Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s

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Lindt & Sprüngli to Open First UK Flagship Store and Chocolate Experience in London

365 Retail

Lindt & Sprüngli , the globally renowned Swiss chocolate maker, has announced it will open its first-ever UK flagship store and immersive chocolate experience in Spring 2025. Located directly beneath the iconic Piccadilly Lights in central London, this new location aims to bring a unique chocolate-themed destination to the city, combining Lindt’s beloved products with an interactive, experiential twist.

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Sprite’s Winter Spiced Cranberry Flavor Makes a Festive Comeback

RetailWire

In anticipation of the holiday season, Sprite has confirmed the return of its highly sought-after Winter Spiced Cranberry flavor.

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Target Thanksgiving meal feeds 4 for $20

RetailDive

The retailer joins a slew of grocers that have rolled out holiday meal discounts in an effort to assuage consumer concern about food prices.

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The Impact of Exceptional Customer Service on Retention in E-Commerce

Digital Doughnut

Attracting new customers is no longer enough to sustain long-term business success. Retaining existing customers has become the cornerstone of profitable growth, and at the heart of this strategy lies exceptional customer service. Providing excellent service can make the difference between a one-time shopper and a loyal repeat customer.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.