Fri.Jun 09, 2023

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Cooler Screens Sues Walgreens for Ending Smart Door Agreement

Retail TouchPoints

In-store digital media startup Cooler Screens is suing Walgreens , previously one of the highest-profile adopters of its technology, which integrates smart screens onto cooler doors to power in-store advertising. Cooler Screens is seeking $200 million for breach of contract and is seeking to prevent the retailer from removing the screen technology from its stores.

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466: Outdated Ecommerce Tips You Should NOT Be Doing In 2023 – Family First Friday

My Wife Quit Her Job

Welcome to another Family First Friday in honor of my Wall Street Journal bestselling book, the Family First Entrepreneur. In this episode, I discuss what not to do when it comes to starting an ecommerce business today. There’s just way too much content to consume online and a lot of it is outdated and worthless. To help you sort through the junk, here are all the outdated ecommerce strategies and tips that no longer apply in 2023.

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Visual Merchandising and Tech Converge for Experience Activation at #RICE23

Retail TouchPoints

Retail TouchPoints’ 2023 Store Design & Experience Survey found that store design teams are laser-focused on implementing more creative visual merchandising methods ( 90% ) and using technology more thoughtfully to support in-store engagement ( 63% ). To illustrate how these two objectives effectively converge, CS Hudson and Glass-Media will unveil an immersive activation on the show floor during the Retail Innovation Conference & Expo , taking place June 13-15 in Chicago.

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What is an iPaaS?

GetElastic

The global Integration Platform as a Service (iPaaS) market was estimated to be worth 3.7 billion in 2021. By 2026, the iPaaS market is anticipated to increase to $13.9 billion. When the market share of a business technology worth billions of dollars is slated to triple in half a decade, it’s likely to be lasting. So it’s no wonder that people are asking: What’s an iPaaS?

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The Pragmatic Path to Composability: Adapting to the Future through Modularity

Speaker: Jason Cottrell

Brands used to look for a vendor who could do everything. Over time, one vendor was no longer enough to meet a brand’s needs, and they added, added and added. Now they need all their vendors to work well together. That’s composable, and only some will make the cut. As customers — and your board — expect you to be in new channels and to rapidly adapt to shifts in the market, the need for true composability is more crucial than ever before.

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Dick’s Partners with Nike for Star-Studded ‘Sports Changes Lives’ Campaign

Retail TouchPoints

Dick’s Sporting Goods and Nike have teamed up for the second creative expression of the Dick’s “Sports Change Lives” campaign, featuring personal stories from 10 top Nike and Jordan Brand athletes sharing the ways sports have impacted them. The athletes, who include former NBA player Carmelo Anthony, MLB’s Mike Trout, the WNBA’s Sabrina Ionescu and Tatyana McFadden, a 17 -time Paralympic medalist, will each choose a youth sports organization to nominate for a $75,000 “75for75” Sports Matter Gran

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ICSC: 85% of Gen Z says social media impacts purchase decisions

RetailDive

Though research suggests this generation is spending more, economic instability is taking its toll, the trade association found.

More Trending

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Macy’s remains committed to tech investments after sluggish quarter

RetailDive

The slowdown in sales comes as the company plans to invest $1 billion in 2023 and up to $3 billion over the next three years, primarily focused on digital and technology projects.

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VF Opens its Largest Distribution Center in Southern California

Retail TouchPoints

VF Corp. has launched operations at the largest of its 46 global distribution centers, a new 1.2 million-square-foot facility in Ontario, Calif. The DC is capable of shipping 76 million units annually and will employ approximately 550 people during peak periods. Initially, the DC will service the Vans and The North Face brands, with the capability to add more VF banners in the future.

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UPS strike 2023 vote for drivers air-conditioned trucks as part of new labor deal

RetailWire

UPS trucks do not have air conditioning and temperatures in the back of trucks can reach 140 degrees, according to the Teamsters. The union is calling on UPS to air-condition its fleet of trucks and to provide drivers with more water and ice.

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Ad Exec: What Really Went Wrong at Bed Bath & Beyond

Retail TouchPoints

When a retailer fails, it’s often tempting to blame the most recent set of executives and the actions they took, or didn’t take, that hastened the company’s demise. What went wrong? Why couldn’t they fix it? Of course, it’s never quite as simple as identifying some short-sighted decisions made when the Titanic had already hit the iceberg. In many instances, declines occur because consumer shopping patterns shift over time.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Nike will return to DSW stores, website this fall

RetailDive

The news comes just a week after Macy’s CEO Jeff Gennette announced the athletics brand would return to key locations in October.

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Innovation Labs Showcase Tech That’s Ready for Tomorrow’s Challenges

Retail TouchPoints

By necessity, retailers are most concerned with the present day: they have to make sales and engage customers in the moment, no matter what channel they’re operating in. But retail executives also need to prepare for the future (no mean feat in an era of rapid and unexpected change). The 22 participants in the 2023 Innovation Labs at the Retail Innovation Conference & Expo in Chicago will provide attendees with that crucial forward-looking view.

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UPS drivers want air-conditioned trucks as part of new labor deal

RetailWire

UPS trucks do not have air conditioning and temperatures in the back of trucks can reach 140 degrees, according to the Teamsters. The union is calling on UPS to air-condition its fleet of trucks and to provide drivers with more water and ice.

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Data-Driven Sustainability: How Supply Chain Efficiency and Clienteling Drive More Sustainable Operations and Customer Choices

Retail TouchPoints

Luxury retail brands are making sustainability a priority more than ever before. From choosing more eco-friendly materials to incorporating energy-saving technologies, these companies have seen the importance of creating better environmental practices and have acted accordingly. As luxury retail continues to move with the times, increasing sustainability is sure to become an even bigger part of their strategies for success going forward.

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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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Gymbox Gets Creative With Their Google Ad Strategy

Digital Doughnut

Gymbox, a UK gym chain, recently received lots of attention from marketers with mixed opinions on how the business was approaching its Google Ad strategy, by hijacking people’s searches for competitor gyms. This is a great example of how brands with a cheeky tone of voice can utilise marketing channels in a creative way.

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Hasbro toy targets the preschool market to dominate sales

RetailWire

Hasbro says the toy manufacturer is focused on leading in five categories: action figures, arts and crafts, games, outdoor and sports, preschool and toys. “Preschool is the only area where we’re not number one. We’re a fast-growing number four globally. In a lot of ways, our preschool business is just action figures for smaller hands.

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The Weekly Closeout: Yeezy sells despite controversy, Tamagotchi makes a comeback

RetailDive

All 12 styles Adidas released sold out, Wedbush said. Meanwhile, the ’90s-era toy has a new metaverse play and a tie-up with TikTok star Charli D’Amelio.

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Can Your Email Subject Line Be Better?

Sailthru

Is using the word “free” good or bad? What about emojis? Do I need to design different headlines for desktop and mobile? We’ve revisited our subject line best practices guide with the latest data on what works, and what doesn’t, along with easy-to-adapt examples you can test and try right now. Standing out in an inbox gets more competitive every day.

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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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DTC candle brand Otherland acquired by Curio

RetailDive

The luxury candle company joins Curio Brands' portfolio, which includes fragrance lines Capri Blue and Thymes.

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The importance of security in modern retail POS systems

iVend

When it comes to cybersecurity, retailers are attractive targets. This is because they hold large amounts of customer and financial data; they are highly dependent on their retail technology; and security investment has traditionally been low compared to other sectors. Retail POS security is at the frontline of protecting data, reputation and customer trust. iVend Retail Solutions iVend’s retail POS system includes security and protection.

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Expert reveals tips to thrive in retail as privacy laws tighten

365 Retail

The world of retail has undergone a seismic shift in recent years, and the impact is being felt across the industry. For decades, the biggest advertising budget guaranteed the greatest reach, but those days are long gone. The rise of social media has given small indie brands a platform to compete and collaborate with influencers, leaving the big players struggling to keep up.

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Rent the Runway touts subscriber growth but faces challenges

RetailDive

Leaders pointed to 7.6% active subscriber growth in a Q1 earnings call, but cautioned a slowdown next quarter.

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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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Walmart and Giant Eagle Venture Further into Retail Media

RIS News

The two retailers are making strides with internally-developed retail media platforms, with Walmart building out its in-house platform, Walmart Connect, and Giant Eagle launching its proprietary retail media network, Leap Media Group.

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Timberland taps longtime Nike veteran as chief merchandising officer

RetailDive

The brand said that the hire of Archie McEachern for the newly created role completes its global product reorganization.

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Hasbro targets the preschool market to grow sales

RetailWire

Hasbro says the toy manufacturer is focused on leading in five categories: action figures, arts and crafts, games, outdoor and sports, preschool and toys. “Preschool is the only area where we’re not number one. We’re a fast-growing number four globally. In a lot of ways, our preschool business is just action figures for smaller hands.

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Amplify your Brand Awareness with Email

Liveintent

The importance of marketing channel diversification & brand awareness Performance marketing leaves brands vulnerable to channel saturation. When you focus solely on converting audiences within a channel, especially those that have already expressed interest in a product, you risk of exhausting the supply of potential customers in that specific channel.

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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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Businesses charge as much as customers will pay

RetailWire

More than 82 percent of American businesses say that customer demand for their products is the primary factor in the prices they charge for goods and services, according to a New York Federal Reserve Bank survey of 700 businesses in Atlanta, Cleveland and New York.

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TikTok Traffic to Retailers Soars as May Data Shows Early Signs of Recovery for Online Spending

365 Retail

The latest Adobe Digital Economy Index data from the UK, based on Adobe Analytics data, revealed that UK consumers spent a total of £7.8 billion online in May 2023 , down 2.5% from the previous month, and down 1.3% YoY. Considering the impact of the additional Coronation Bank Holiday – which saw spending drop by 20.4% compared with the same weekend in 2022 – May’s improving figures show early signs of consumer confidence and online spending power returning.

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The Inflation Crisis is Reshaping E-commerce: Six Key Takeaways From Recent Consumer Data

RIS News

Throughout the world, consumers are making tough spending decisions as they navigate inflation and a cost-of-living crisis. In its recently released report, Consumer Preferences in the Digital-First Economy, Mirakl surveyed over 9,000 global consumers across 16 countries in order to understand how the economic downturn is shaping purchasing decisions.

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Energy drink brands increase sales while reducing sugar and adding caffeine

RetailWire

Low-calorie and sugar-free beverages are driving sales in the energy drink category. Caffeine levels in the drinks have also increased significantly as sales in the category grew to $19 billion from $12 billion over the past five years, according to Circana.

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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.