Thu.Aug 13, 2020

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Troubled Times Test Traditional Tech Titans

Forrester eCommerce

Cisco Systems stock fell over 11% today after it delivered its latest quarterly earnings yesterday. Cisco beat street estimates, but it fell based on a 9% YoY decrease in revenue and a weak outlook for coming quarters. Our research indicates a coming drought in infrastructure tech spending, so the next few quarters – likely to […].

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The 6 Best Digital Marketing Companies of 2020

Kissmetrics

Digital marketing covers everything from SEO and content marketing to email campaigns, social media strategy, and video marketing too. With new digital marketing companies popping up left and right offering a bit of everything (and truly speaking to no one), it’s no surprise you’re having a hard time finding the right one. . The best thing to do is narrow down your options by bypassing those digital marketing companies trying to do too many things at once.

Marketing 361
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5 Tips for a Great eCommerce Returns Process

lateshipment

This is an article by Jimmy Rodriguez, COO & Co-Founder at 3dcart, a leading shopping cart software. Read on for expert tips by a Subject Matter Expert (SME). As an online store owner, you should do everything within your power to differentiate yourself from your competitors. Stock superb products, offer top-notch customer service, and couple it up with exceptional order fulfillment.

eCommerce 279
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Excess Inventory: The Losers And Wieners

Retail TouchPoints

Top Dog is an institution in Berkeley, Calif. serving gourmet sausages on toasted French rolls to legions of Cal students and Bay Area locals for over 50 years. My friends and I were regulars back in college, so when I read of its struggles during the pandemic, I packed the kids in the car for the 45-minute drive to get a bit of comfort food and support the small business. .

eCommerce 279
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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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eCommerce Customer Experience: 5 Tips To Engage Customers

Groove

You walk into a brick-and-mortar store and are having trouble finding exactly what you're looking for. A retail associate walks over to you and helps guide you to the location of the products you're interested in. You thank them, browse the section, buy the items and leave. Easy. But how can eCommerce brands guide online shoppers through the buyer's journey and push them along the path to purchase?

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Simon Malls-Authentic Brands Venture Buys Brooks Brothers For $325 Million

Retail TouchPoints

In a deal that will keep at least 125 Brooks Brothers stores open, a venture capital firm backed by Authentic Brands Group and mall operator Simon Property Group has agreed to purchase the bankrupt retailer for $325 million. The co-owned firm, SPARC Group LLC, made a $305 million stalking horse bid for the retailer in July. Brooks Brothers, which was founded in 1818, currently operates 200 stores in North America and 500 locations worldwide in 45 countries.

Apparel 264

More Trending

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Staples To Reward 20 Top Teachers With $5,000 For Classroom Supplies

Retail TouchPoints

Staples is reprising the Thank A Teacher program it launched last year, and doubling from 10 to 20 the number of teachers who will be rewarded with gift cards. The winners can use the cards to stock up on school supplies and technology, as well as the personal protection equipment the retailer now stocks. To nominate a teacher for a chance to win $5,000. worth of products, parents and students can share their stories on Twitter or Instagram and include @StaplesStores and the hashtags #ThankATeac

Supplies 264
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Ecommerce Website Checklist: Key Elements That Every Online Store Must Implement

Omnisend

Reading Time: 6 minutes. Creating an ecommerce website has never been easier than it is today—there are a wealth of comprehensive platforms and tools now available to simplify the process and deliver you a powerful online store. While this is convenient, all the automation, templates, and plugins can also obscure some basic fundamentals—vital aspects of a well-functioning online store that every retailer must implement.

eCommerce 158
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UberMedia Introduces COVID-19 Recovery Insights Solution

Retail TouchPoints

UberMedia has launched COVID-19 Recovery Insights, a dashboard tool that can help retail organizations develop their recovery strategies. Using mobile location data from a variety of sources, Recovery Insights focuses on 30 key metrics that are updated daily and can reflect how people are engaging with retailers and their community. Developed with feedback from UberMedia’s current customers, which have been using the tool to build predictive models, understand movement patterns and validate busi

Mobile 258
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5 Reasons Your eCommerce Business Isn’t Growing

Algopix

You’ve spent countless hours getting your eCommerce business off the ground, but for some reason, sales have peaked or are not coming in at all. Why? While there could be a number of valid reasons why your ecommerce business isn’t growing, here are five of the most common – and the ways to fix them. 1. You Don’t Have the Right Products. The first question you should ask yourself is this: Are you selling the right product(s)?

eCommerce 139
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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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Retail TouchPoints And RetailX Launch The Retail Innovation Conference Online Experience Oct. 13-14

Retail TouchPoints

Retail TouchPoints is partnering with retailX , the physical and digital event platform dedicated to the technology and trends shaping retail’s digital future, to present the first Retail Innovation Conference (RIC20) online experience on October 13-14, 2020. Building off the success of the live event’s seven-year history, RIC20 will provide registered attendees with: Strategic insights and tactical takeaways from the industry’s leading experts, analysts and influencers; Exclusive access to cutt

Retail 221
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Nisa to hold virtual trade show

TalkingRetail

Nisa will host a virtual expo in October 2020 that is set to include all the usual features of Stoneleigh with some additional interactivity. The symbol group’s first virtual exhibition promises to offer retailers the chance to hold one-to-one meetings with suppliers, have virtual store tours, get special deals, get category insights, and have interaction.

Retail 145
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DataWeave Debuts Price Optimization Solution

Retail TouchPoints

DataWeave has introduced Competitive Retail & Pricing Intelligence, a price optimization solution designed to give retailers an edge in the face of the current e-Commerce explosion. DataWeave is a SaaS platform that provides competitive intelligence as a service, helping retailers compete with smarter pricing and merchandising decisions. Using data aggregation at scale across complex web sources, mobile apps and specific zip codes, the solution features both Pricing Intelligence and Assortme

eCommerce 165
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Pladis launches Jacob’s Mini Cheddars Smoky BBQ in PMP

TalkingRetail

Pladis has launched Jacob’s Mini Cheddars Smoky BBQ in a 105g Price-Marked Pack (PMP). The company says the new sharing format will help retailers capitalise on consumer demand for relaxed sharing moments and evening consumption occasions. Christopher Owen, marketing controller at Pladis UK&I, said: “This launch represents a sizeable opportunity for independent retailers to boost.

Consumer 122
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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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[Infographic] Software Ecommerce Trends: Opportunities for Growth in 2020

FastSpring

It’s safe to say that this year has anything but typical. Companies selling software, SaaS, and digital products have had to handle evolving consumer habits, emerging privacy regulations combined with an unprecedented global pandemic and economic uncertainty. It’s a lot! That’s why we created this helpful infographic that visually outlines all of the major software ecommerce trends shaping 2020, and included best practices, actionable tips, and opportunities that digital businesses c

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Kerrygold launches first TV advertising campaign for four years

TalkingRetail

Kerrygold is to return to British TV screens for the first time in four years as part of a new multimedia advertising campaign. The ‘Taste That Takes You There’ campaign will begin with a month-long, nationwide TV campaign, starting on 17 August, which will be supported by broadcaster video-on-demand, social media, and digital advertising on.

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What is beginning inventory: beginning inventory formula

TradeGecko

What is beginning inventory? Beginning inventory is the dollar value of all inventory held by a business at the start of an accounting period, and represents all the goods a business can put toward generating revenue. You can use the beginning inventory formula to better understand the value of your inventory at the start of a new accounting period.

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Bira welcomes Shop Local Week

TalkingRetail

The British Independent Retailers Association (Bira) is thanking the government for launching its Shop Local Week. The #ShopLocal campaign, which runs until Sunday 16 August, aims to celebrate the British high street by encouraging customers to return to their safe, local shops, supporting the local economy and local jobs. Bira has been supplying its members.

Supplies 103
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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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Repsly Named to Inc. 5000 Fastest-Growing Private Companies

RepslyBlog

Inc. magazine recently revealed that Repsly earned a spot on its annual Inc. 5000 list , the most prestigious ranking of the nation’s fastest-growing private companies. This marks the second consecutive year Repsly has received the honor. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.

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Ecommerce PDP Examples : Winning Household and Cleaning Essentials Brands | Salsify

Salsify

Different retailers call enhanced content by different names: Amazon calls it A+ content, and Walmart calls it rich content. While each retailer uses enhanced content in varied ways, research shows consumers are more likely to purchase when enhanced content is present on a product detail page (PDP).

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“Roads? Where We’re Going, We Don’t Need Roads”

Forrester eCommerce

Doc Brown might have been five years off, but he was completely right. 2020 is here, and we don’t need roads or planes — all we need is a steady internet connection. The tale of the road warrior has a different ending now. There’s no going back to the future that once was — the future is here, and it’s very different from how we left it. […].

B2B 99
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Stein Mart might have survived COVID-19, and then the virus surged again

RetailDive

A canceled sale, burnt cash and new spikes of infections in key states combined to bankrupt the discount retailer.

Retail 117
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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

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AF Blakemore snaps up Vegan Store

TalkingRetail

AF Blakemore has bought the online wholesaler and retailer Vegan Store for an undisclosed sum. Blakemore says the acquisition will diversify the group’s portfolio of brands, while adding a purely online division to the business structure. Group commercial managing director, Jerry Marwood, said: “The vegan or vegetarian lifestyle is predicted to be the choice of.

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Can Neiman Marcus finally leave its baggage behind after bankruptcy?

RetailDive

The fast-growing MyTheresa was been called the luxury retailer's "crown jewel." Legal fights over the e-commerce unit have haunted it since 2018.

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MPs urge prime minister to back all-in deposit return scheme

TalkingRetail

A 20-strong cross-party group of MPs will today (13 August) call on the prime minister to back an all-in deposit return scheme for drinks containers. The government is set to introduce a deposit return scheme covering England, Wales and Northern Ireland in 2023. The scheme will see consumers pay a deposit on drinks containers that.

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Walmart teams up with Instacart for same-day delivery

RetailDive

The retailer is testing a same-day grocery delivery partnership in Tulsa, Oklahoma, and three California metro areas.

Retail 81
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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.

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Sainsbury’s opens new Local store in London

TalkingRetail

Sainsbury’s has opened the doors to its new Local store in Leicester Square, London, to serve tourists and locals. Customers will be able to choose from freshly baked pizza from an in-store oven, drinks from a self-service coffee machine and orange juicer, and a selection of sushi products from Sushi Gourmet. The 4,500sq ft store.

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Penney sale moves closer to completion

RetailWire

J.C. Penney is expected to have a new owner soon and it increasingly appears as though two of its mall landlords — Simon Property Group and Brookfield Property Partners — will be the winning bidders. Simon and Brookfield joined with Authentic Brands Group to make a bid for the department store chain. ABG and Simon recently acquired the bankrupt Brooks Brothers business for $325 million.

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Thatchers Cider launches new TV campaign

TalkingRetail

Thatchers, the family cider makers, has launched a new TV campaign that will appear on screens from Monday 17 August 2020. The ‘Family’ campaign, which aims to reinforce the values that are the driving force behind everything that Thatchers does, will be broadcast nationally on TV and Video on Demand. The advert has been directed.

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Stein Mart to close most, perhaps all, of its stores

RetailWire

Stein Mart has filed for Chapter 11 bankruptcy protection and announced it plans to shutter most, if not all, of its 281 stores across 30 states. The announcement adds the off-pricer to more than 40 retailers that have filed for bankruptcy so far this year, according to S&P Global Market Intelligence. “The combined effects of a challenging retail environment coupled with the impact of the Coronavirus pandemic have caused significant financial distress on our business,” said Stein Mart CEO Hu

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How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions? Join us to gain a better understanding of the current retail landscape and learn what you can do to translate personalization strategies into practical implementatio