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Why Uncommon Corporate Partnerships are a Must in 2024 (and How to Make Them a Reality)

Retail TouchPoints

The trend of a cautious yet resilient consumer has continued into the early stages of 2024, with high-ticket luxury and department store industries underperforming sectors that sell necessities — online retail, discount/club, automotive and grocery. Full-service restaurants are trailing their limited-service peers.

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Nordstrom Takes Stake in Topshop Brands, Launches Joint Venture with ASOS

Retail TouchPoints

department store chain and British online retailer aim to “redefine the traditional retail/wholesale model.”. since 2012 when it became the first retailer to bring the brand to the U.S. The new joint venture will set the stage for a wider strategic partnership in which the U.S.

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Saks.com Spin-Out: Genius Move or Opportunistic Folly?

Steve Dennis

If we have learned anything from the past two decades of retail disruption, it’s that notions of separate physical and digital shopping behavior are increasingly distinctions without a difference. The Bay has long suffered from the woes of unremarkable department stores. The lines are blurring.

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How to Meet and Exceed Amazon-Driven Customer Expectations 

ESW

But as retailers and brands with DTC ecommerce channels know, meeting online customer expectations in an Amazon-dominated environment is challenging to say the least. While this was good news for brands that had or could set up ecommerce channels, it may have accelerated and intensified The Amazon Effect.

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What Are Product Recommendations?

Kibo

a department store), or it may have a small number of product categories but lots of variety within feature sets of product offerings (e.g. an eyeglass retailer). Product Recommendations are essential to meeting the aggressive performance goals of online retailers and are a proven method for driving profitability.

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How to Create Winning Black Friday Promotions

Wiser

On the other hand , brick-and-mortar retailers and department stores, such as Macy’s and J.C. In a statement to Retail Dive, Ricardo Rubi of consulting firm Simon-Kucher explained how Macy’s and J.C. Penney’s holiday promotions struggled to compete with online retailers last year. .

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Inside the Overlap Between Omnichannel and Personalized Experiences in Retail

Sailthru

As the world’s largest retailer and online retailer go head to head in a battle of Goliath and Goliath, one thing is clear: Omnichannel has become the white whale for retailers. Brands must have seamless integrations between channels and expedited shipping options. Technology has created a complex customer journey.