Wed.Aug 31, 2022

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How CPGs Can Use Location Data to Spur Growth

Retail TouchPoints

While recent market trends have led many consumers online, in-person retail remains the bedrock of the global economy. Unsurprisingly, then, location data is widely recognized as a valuable tool for unlocking growth. With it, businesses can gain insights into the offline habits of their customers and figure out where competitors and partners are located to optimize decisions like site selection.

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PVH to lay off 10% of its global workforce in coming months amid weak apparel demand

RetailDive

Trish Donnelly, who arrived from Urban Outfitters last year to lead Calvin Klein globally and all the company’s brands in North America, is leaving.

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Bed Bath & Beyond to Close 150 Stores, Cut 20% of Workforce

Retail TouchPoints

Bed Bath & Beyond , facing a comp store sales decline of 26% for the quarter that ended Aug. 27, 2022, has announced a combination of store closures and layoffs designed to reduce its SG&A (selling, general and administrative) expenses by $250 million in fiscal 2022. The retailer has begun shuttering 150 lower-producing Bed Bath & Beyond stores and plans to cut its workforce by approximately 20% across the corporate and supply chain divisions.

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What Walmart and Target’s performance told us about retail for the rest of 2022

RetailDive

Inventory, margins, traffic, pricing, food, gas, costs, holidays: The two giants act as a window into the market that everyone is trying to peer through.

Retail 108
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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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5 Must-Have Products to Advertise Your Business for 2022

RetailMinded

Advertising – one of the most talked about facts of business life. Whether your business is selling lemonade on the sidewalk outside your home or selling passenger aircraft to other countries, the need to advertise is unavoidable. It can be as simple as word of mouth, especially if you are in the neighbourhood lemonade business, but the bigger and more widespread your business, the more complex your advertising campaign will need to be to ensure the correct level of market penetration.

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Is Migrating to Microservices Right for Your Ecommerce Business?

Digital Doughnut

Here’s why choosing microservices for ecommerce can be a great plan if you wish to thrust your ecommerce business to new heights. Let’s take a look!

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More Trending

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21 Top Ecommerce Companies Reviewed & Compared

eCommerce CEO

If you’re looking for the top ecommerce companies, this list is for you. We’ve compiled a top 21 list covering everything from the best marketplace. Read more.

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Merchandiser Webinar Recap: Maavee and Pokemon

GetElastic

Merchandising is top-of-mind for every retail organization, especially as you ramp up to Black Friday and what can be a chaotic holiday shopping season. As trends shift towards more of a hybrid between the physical and digital experience, brands need strategy and execution towards how best to bring their products to market that align with customer demand.

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What Is Amazon’s Appeals Process?

ChannelAdvisor

It’s every Amazon seller’s worst nightmare: “Your Amazon seller privileges have been removed.”. Unfortunately, it can happen to even the most conscientious sellers. The risk of product suppressions, listing removals and even account suspensions is high for any seller that fails to abide by Amazon’s strict policies — even if it happens accidentally or unknowingly.

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Peloton delays filing of 10-K report

RetailDive

Following last week’s news of a $1.2 billion Q4 net loss, the brand needs more time for accounting to file its 10-K.

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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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Your Guide to an Order Management System RFP + Free RFP Template 

Kibo

Whether you’ve been relying on a legacy or homegrown system, upgrading your technology stack with a modern order management system (OMS) is a time-consuming and complex task. But with a clear and professional request for proposal (RFP), you can improve the likelihood of finding a vendor that can meet your business and technical needs in the desired timeframe and budget. .

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Chewy nudges sales up 12.8% and learns a new trick: profitability

RetailDive

Recurring purchases of key essentials have helped the online pet specialist grow revenue while its costs are easing.

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Space And The LEO Promise — A New Forrester Frontier

Forrester eCommerce

The Space Race Has Restarted Today’s interest in the space industry is the most intense since the Apollo missions first captivated the world in the 1960s. Billionaire space tourists in reusable rockets, a planned return trip to the moon, and smaller, cheaper satellites designed to operate in low Earth orbit (LEO) promising to connect the […].

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Best Competitive Intelligence Tools in 2022

Prisync

Competitive intelligence tools are crucial for businesses to understand and improve their business strategy. We've gathered 14 services. Learn more->.

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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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DuckDuckGo’s Email Protection: Another Strike Against The Surveillance Economy

Forrester eCommerce

Fresh off a yearlong beta test, DuckDuckGo moved its email protection service into an open beta. The service works across iOS and Android; browser extensions for Edge, Chrome, Firefox, and Brave; and DuckDuckGo for Mac. The service blocks trackers in emails, reducing the amount and type of data emails can send to third parties (like […].

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10 Marketing Tips For Small Businesses

Digital Doughnut

The marketing efforts of a business connect it to its customers and clients by providing them with the information they need about offerings. Small businesses need to perform this against stiff competition from large, established brands and peers. You can accomplish this by avoiding some mistakes that can derail your efforts and cause losses.

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Seven Fallacies Of Product-Led Growth That B2B CMOs Must Address

Forrester eCommerce

CMOs at companies that employ or plan to employ a product-led growth (PLG) strategy have a unique opportunity to use their team’s competencies to accelerate company growth. Dispelling the seven common PLG fallacies will both help the company scale faster and create trust in the marketing function to support it.

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What Is Amazon’s Appeals Process?

ChannelAdvisor

It’s every Amazon seller’s worst nightmare: “Your Amazon seller privileges have been removed.”. Unfortunately, it can happen to even the most conscientious sellers. The risk of product suppressions, listing removals and even account suspensions is high for any seller that fails to abide by Amazon’s strict policies — even if it happens accidentally or unknowingly.

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How Retailers Are Transforming Customer Experiences with Data & 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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Taking your small business to the high street

365 Retail

There were over 5.6 million small and medium-sized businesses in the UK according to 2021 government figures , as people up and down the country take on side hustles and start their own businesses in light of the cost of living crisis. . But many of these are undertaken from people’s spare rooms, kitchens, and studies. What about taking them to the next level and using up some of the 16% of UK high street shops that were empty in March 2021?

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Legacy Black-owned brands find now is the right time to relaunch

RetailWire

Many brands launched to address the specific needs of Black consumers failed to make it big in their first iteration. Some, such as the beauty brand Fashion Fair, are giving it another shot in today’s more favorable market conditions. “Fashion Fair loomed large in my household when I was growing up,” she said Lynn Nottage, a two-time Pulitzer-winning playwright.

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Bed Bath & Beyond to close stores, lay off staff as part of turnaround plan

RetailDive

The retailer also announced it has secured $500 million in new financing and will sell shares to raise additional cash.

Retail 57
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Best Buy says it is getting some supply chain relief

RetailWire

Best Buy said that supply chain costs are moderating as fuel prices decline and the demands placed on international and domestic networks ease. Corie Barry, CEO of Best Buy, said that her company has been able to take “advantage of some rate opportunities” connected to ocean container transportation.

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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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Party City to hire 20,000 temporary employees in time for holiday season

RetailDive

The theme party retailer said employees will work in 750 stores and 150 popups nationwide.

Retail 52
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Americans may put off Christmas shopping until the eleventh hour

RetailWire

Americans may become last-minute Christmas shoppers this year as they hold out for the best deals. “Our hypothesis is you are going to see a holiday that starts to look a little bit more like what we saw pre-pandemic. Maybe comes a little bit later and is probably promotional in our space,” said Best Buy CEO Corie Barry.

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What is data visualization — Everything you need to know

Funnel.io

Data visualization is an essential tool for any modern marketer. After all, what good are all of your performance metrics if you can’t see what’s happening?

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Bed Bath & Beyond is closing stores and cutting corporate staff

RetailWire

Bed Bath & Beyond said it will close about 150 “lower producing” stores and cut staff by about 20 percent across its corporate and supply chain ranks. The company plans to reemphasize national brands in an attempt to attract shoppers to its stores and website. “We are embracing a straight-forward, back-to-basics philosophy that focuses on better serving our customers, driving growth and delivering business returns,” said Sue Grove, interim CEO.

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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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5 Must-Know Predictions for Holiday 2022

Retail TouchPoints

Many households may be heading back to school, but the holiday season is on the minds of many retail executives. That’s why summer 2022 is prime time for Retail TouchPoints to kickstart holiday coverage. We asked retail experts and analysts to share their predictions for the upcoming holiday season and offer tips to help retailers prepare. The final product is a 23-page report featuring insights from 16 industry thought leaders and is available for download.

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Walmart seeks dismissal of FTC’s money transfer suit

RetailWire

Walmart has filed a motion seeking to dismiss a Federal Trade Commission lawsuit that accuses it of allowing its money transfer services to be used by scam artists. The retailer said the suit is an “egregious instance of agency overreach.” The suit alleges that Walmart’s failure to secure its money transfer services had led to “hundreds of millions of dollars” being stolen from its customers.

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Why Don’t Dispensaries Take Card? Payments in the Cannabis Industry

Korona

The marijuana industry continues to gain more and more momentum with increasing state legalization. In 2016, the total nationwide sales for legal cannabis was $6.7 billion. In the span of just five years, this number grew to $25 billion in 2021. Interestingly, most of that $25 billion in sales was handled in cash. . So why don’t dispensaries take card?

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Open job numbers ticked up in July

RetailWire

The number of open positions was expected to decline in July, but it went up to around 11.2 million jobs, up from around 11 million in June, according to the Bureau of Labor Statistics. “We’ve seen all these headlines about layoffs and probably just experiences with inflation have a chilling effect on job seekers in recent months,” said Julia Pollak, chief economist at ZipRecruiter. “And yet we see in this report that businesses appear to be hiring in full force.

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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