Wed.Jan 10, 2024

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Design Exec: Understanding Human Nature is ‘Terra Firma’ in a Fast-Changing Retail Industry

Retail TouchPoints

Phil Otto considers himself a bit of a nomad. He works remotely on a small farm in Ohio, although his office at national architecture firm KTGY is based in California. Prior to moving to the Midwest, he’s lived in Seattle, California and even France. By title, Otto is Executive Design Director of KTGY. But by practice — and by passion — he’s a cultural anthropologist.

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It Is Time You Tell Your Digital Money Story (Financial Institutions)

Forrester eCommerce

Organizations that are advanced in their digital measurement practices track their performance through: digitally-sourced revenues, digitally-impacted costs, digitally-enhanced operations, and digitally-satisfied customers. To help our clients do just that, we’ve created a digital measurement framework and customized it to specific industry sectors.

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Lowe’s Launches New Loyalty Program for DIYers

Retail TouchPoints

Lowe’s has launched a new loyalty program for “DIYers” that will sit alongside its existing MVP loyalty program for home improvement professionals. The new MyLowe’s Rewards program will offer do-it-yourself customers exclusive savings on items they need for their homes and allow them to earn rewards toward future purchases. “Lowe’s has been serving DIY customers for more than 100 years, and now we’re rewarding their longtime loyalty by offering even more value when then they shop wit

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Welcome To 2024. Lets Kick Off With Some Predictions.

Forrester eCommerce

Every year we at Forrester put our heads together and look at what trends we are seeing, what our data and forecasts are telling us, what we are hearing in inquiries and interviews and gaze into the metaphorical crystal ball to try and give some advice on what to expect in the coming year.

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Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

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How Retailers can Combat Inventory Shrinkage with Drone-Powered Warehouse Monitoring

Retail TouchPoints

There’s been a lot of talk recently about retailers reporting lower-than-expected earnings due to inventory shrinkage. What does this mean exactly? According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. The discrepancy may occur due to clerical errors, goods being damaged or lost, or theft from the point of purchase from a supplier to the point of sale.

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The Ultimate Guide to Selling Digital Products on Amazon: Strategies for Success

Algopix

In the dynamic landscape of e-commerce, Amazon stands as the preeminent platform for sellers aspiring to reach a global audience. The realm of selling digital products on Amazon has witnessed a surge in popularity, offering a plethora of unique opportunities alongside inevitable challenges. This comprehensive guide aims to unravel the intricacies surrounding the process – from navigating Amazon’s expansive digital products landscape to deploying effective marketing strategies, unders

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More Trending

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Yodel appoints new Chief Information Officer

365 Retail

Yodel has appointed Simon Chave as its new Chief Information Officer to continue the business’ digital transformation journey following another successful year. Simon has been a key member of Yodel’s tech leadership team since joining the business in 2020 and has led a series of digital transformation initiatives to enhance e-commerce, customer service and operational capabilities across the business.

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Rothy’s Names New CEO and President as Co-Founders Move Up

Retail TouchPoints

Rothy’s has named Board of Directors member Jenny Ming as its new CEO and promoted current CFO and COO Dayna Quanbeck to President. The brand, which repurposes single-use plastic bottles into footwear, operates 20 stores and has a footprint in 19 countries. Rothy’s co-founders Stephen Hawthornthwaite, the current CEO, and current President Roth Martin will transition to Chair of the Board and Chief Creative and Innovation Officer, respectively.

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Half of consumers will abandon or ‘significantly limit’ social media interactions by 2025: report

RetailDive

The spread of misinformation, toxic user bases and the prevalence of bots is leading to a perceived decline in platforms, according to Gartner.

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Starbucks to Double Indian Workforce as it Aims for 1,000 Stores in the Country by 2028

Retail TouchPoints

As part of its Triple Shot Reinvention Strategy — one of the key objectives of which is to become “truly global” — Starbucks plans to more than double its current India store count to 1,000 brick-and-mortar locations by 2028. To meet this goal, the company will open one new Starbucks in the country every three days. Starbucks operates in India through a 50:50 joint venture with Tata Consumer Products called Tata Starbucks.

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From Concept to Deployment: Building Commerce Storefronts with Composable UI

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Authentic CEO: Buying Forever 21 ‘biggest mistake I made’

RetailDive

Jamie Salter also says Shein makes “a lot more than $30 billion” and hinted that the brand licensing firm could IPO in the next 18 months.

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Unveiling the Future: Retail Product Trends in 2024

Retail TouchPoints

As we step into 2024, the retail industry is poised for a transformative year at brick-and-mortar locations, marked by innovative product trends that marry functionality with aesthetics. Industry thought leaders Harrison Horan of Banker Wire, Zach Adams of Bjelin and Jason Bird of Luxxbox explore the key design trends set to shape the retail space in the coming year. 1.

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Ecommerce Product Releases: January 10, 2024

Practical eCommerce

This week's rundown includes updates involving loyalty programs, live-selling, generative AI, video players, fraudulent reviews, return shipping, and more. The post Ecommerce Product Releases: January 10, 2024 appeared first on Practical Ecommerce.

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Look to the Skies, Dallas: Walmart Expands Drone Delivery to 30 DFW Metroplex Municipalities

Retail TouchPoints

Walmart is dramatically expanding its drone delivery footprint in the Dallas-Ft. Worth metroplex, operating from stores in 30 towns and municipalities and opening up airborne delivery to up to 75% of the area’s population. Area stores’ delivery radius will be up to 10 miles. The drone deliveries, which can be as fast as 30 minutes (some as quickly as 10 minutes) will be carried out by Wi n g , a division of Google parent company Alphabet , and Zipline.

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How To Craft Your Perfect Retail Tech Stack

Speaker: Jason Cottrell and Brian Walker

The era of all-in-one platforms is over. Now, retail success depends on integrating a blend of diverse technologies to thrive. As customers and stakeholders expect agility and innovation, how can you meet these expectations efficiently without stumbling into complexity? Explore a customer-centric approach to navigating digital transformation in retail.

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Lifecycle email marketing tips & examples for 2024

Omnisend

Reading Time: 8 minutes So, you’ve successfully built a robust emailing list for your growing business? Great! What’s next? Focus on adding more people to the email list because once a subscriber, always a customer, right? Wrong! While building a solid email list is essential, acquiring new subscribers and converting them doesn’t automatically make them long-term customers.

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10 New Ecommerce Books for Winter 2024

Practical eCommerce

This installment of our quarterly rundown includes titles on launching and transforming a business, generative AI, team-building, creativity, and more. The post 10 New Ecommerce Books for Winter 2024 appeared first on Practical Ecommerce.

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Rent the Runway to cut 10% of its corporate workforce, COO resigns

RetailDive

The designer rental service is launching a restructuring plan, which it says will result in $11 million to $13 million in annualized run rate cash savings.

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Ford Recall: Nearly 140K Vehicles Affected by Oil Pressure Issue

RetailWire

A Ford recall is pulling back more than 100,000 units of its Focus and EcoSport vehicles due to a problem that might cause a loss of oil pressure.

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Get MACH Ready with Orium, Commercetools, and Contentstack

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Best 15 WordPress development companies: a comprehensive review

Omnisend

Reading Time: 10 minutes Run a simple search and you’ll find hundreds of WordPress development companies and agencies offering professional help. Sorting through these myriad options makes finding a reliable company a painful task. However, don’t make the mistake of solely relying on ratings while overlooking a company’s key criteria like testimonials, expertise, post-launch support, and portfolio.

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Walmart and Sam’s Club Reveal New Retail Technology at CES: AI, Computer Vision, and Drones

RIS News

Walmart unveiled several new retail technologies at the Consumer Electronics Show (CES). Learn how Walmart and Sam's Club are trialing and expanding cutting-edge tech.

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Festive period grocery shopping up from 2022

TalkingRetail

NIQ data shows that over the four weeks to the 30 December and across all channels, shoppers spent £657m more on groceries compared with the same period last year.

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Instacart Trials Smart Cart Advertising at Select Stores

RIS News

General Mills and Del Monte will be among the first to participate in Instacart's pilot program, showcasing digital advertisements on its AI-powered smart carts within the store.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, 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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4 Retail Resolutions to Help Businesses Become More Profitable

RetailMinded

Whether or not New Year resolutions are your thing, I think it’s fair to say everyone would like their year ahead to be more profitable. How they aim to accomplish that may vary, but the simple goal of making more profit when operating your business rarely – if ever – escapes a professional’s wish list for their year ahead. As you look into 2024, consider how becoming more profitable can also be achieved with more efficiency , more business clarity and even more time on your hands.

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Walmart+ taps Andy Cohen to help consumers survive Quitter’s Day

RetailDive

The retailer's vice president of creative explained how the campaign highlights the ways the membership can help consumers stick to New Year's resolutions.

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Using MACH Principles to Build Better Retail Customer Experiences

SheerID

Retailers looking to adapt to evolving customer needs should consider incorporating MACH technologies into their strategy.

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Rothy’s names new CEO

RetailDive

Co-founders Stephen Hawthornthwaite and Roth Martin are transitioning from their roles as CEO and president to usher in Jenny Ming and Dayna Quanbeck.

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From Data to Decisions: Maximizing Retail Potential With AI

Discover how retailers are transforming data into actionable insights for growth. By leveraging data and analytics to their potential, retailers can enhance decision-making, improve customer experiences, and streamline operations to stay ahead of the competition. From Data to Decisions: Maximizing Retail Potential With AI, authored by Orium, commercetools, and Google Cloud, demonstrates how businesses can unify and activate data across the tech stack to achieve retail excellence and create growt

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The Future of Hiring: Fixing a Broken System

RIS News

By leveraging AI to evaluate candidates based on potential, skills, and interests, companies can replace hiring guesswork with a nuanced understanding of each candidate.

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Walmart Reveals Tech-Powered Plans Including Drones, AI, and AR

RetailWire

Walmart is stepping up to redefine commerce and shopping expectations with its latest tech arsenal.

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Citing ‘momentum’ in transformation, Tailored Brands will drop one of its chief executives

RetailDive

In 2021, Peter Sachse and Bob Hull began sharing the top job. In February, Sachse will be solo CEO and Hull will be board chair.

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Amazon Fashion To Launch AI Fit Tool To Reduce Returns

RetailWire

Amazon is planning to improve online fit by using AI to reduce the number of returns.

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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.