Thu.Dec 23, 2021

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The Unstoppable Rise Of Central Bank Digital Currencies (CBDCs)

Forrester eCommerce

In his #1 international best seller “Sapiens: A Brief History of Humankind”, Dr Yuval Noah Harari observed that people the world over who do not believe in the same god or obey the same king are more than willing to use the same money. As Dr Harari points out – historically speaking – money required […].

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A Marketer’s Guide to the Metaverse

Kissmetrics

Technology is ever-changing and, because of that, so is marketing. The evolution of the metaverse is just one recent development in the world of technology, but one that will have a huge impact on the human experience as we know it. While digital marketing has seen many advances over the last few decades, the metaverse is one that has stumped many companies and marketers.

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The Power of Sound for Retail

Retail TouchPoints

Design for retail experiences is a hot topic of conversation, especially as shoppers return to stores for the holiday season, still under the influence of a COVID pandemic. An EY study in August 2020, How Will Brands Adapt to a More Cautious Customer , found that 65% of consumers say they will be more aware of hygiene and cleanliness and 52% will look to use contactless payments to avoid touching things.

Retail 272
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Let’s Put One Trillion Dollars To Work!

Forrester eCommerce

Have you been following the debate about business support and recovery investment programs? Perhaps you also wondered about business case realization. Meanwhile, right across industries we are wasting billions in trade promotion management and channel incentives. Massive Waste In Global Trade Investments I just finished reading CPG industry guru Rob Hand’s book on trade promotion […].

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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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GK Helps Retailers Enable Checkout-Free Store Shopping

Retail TouchPoints

Omnichannel retailer solution provider GK has launched scanless checkout through GK Go , part of its CLOUD4RETAIL service suite. The solution is designed to enable contactless in-store experiences using Shekel Product Aware shelves, which recognize the products taken off the shelves, and Hitachi’s 3D LiDARs, which associate the items to the relevant shopper.

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The Best Manufacturing ERP Software for 2022

Ecommerce Platforms

The best manufacturing ERP software is the technology companies use to help track crucial processes throughout their business. With ERP technology, it’s much easier for manufacturing companies to examine everything from the flow of inventory to HR information and supply chain issues. Used correctly, an ERP solution in manufacturing will give business leaders access to all the tools they need to combine information from around the company.

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Returns are the new growth strategy

RetailDive

To benefit from returns, retailers need to enhance the customer experience, optimize costs and preserve revenue, write Alvarez & Marsal's Michael Simoncic and Alfredo Lozano.

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5 Best D2C Websites With Excellent Shopping Experiences | Salsify

Salsify

Shoppers want the seamless shopping experiences omnichannel commerce provides , prompting both legacy and emerging brands to re-think the direct-to-consumer (D2C) site experience.

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Crocs to acquire Heydude footwear brand for $2.5B

RetailDive

Founded in Italy, the brand widens the total market for the clog maker to more than $160 billion, by the company's estimates.

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Reframing work, life, and employee turnover with LiveIntent’s Abby Hamilton

Liveintent

According to the U.S. Bureau of Labor Statistics, the share of workers who voluntarily quit their jobs hit a record high of 3 percent in September 2021. And with many companies opening up their talent pool to all 50 states, employees have more opportunities and leverage than ever before. So how can organizations stay competitive during the Great Resignation and incentivize their employees to stick around?

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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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Albertsons pilots AI-driven salad bars

RetailDive

The grocer has added the internet-linked self-service counters across various stores in Washington, D.C., Maryland and New Jersey.

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Thieves hit two Chicago luxury stores within 10 minutes

RetailWire

Late Wednesday afternoon, a Prada store on Chicago’s Gold Coast was targeted by thieves and, 10 minute later, robbers hit a Hermes store on the same street, spraying the security guard with mace. As of today, no suspects have been taken into custody.

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Arhaus expands US manufacturing capacity with North Carolina facility

RetailDive

The furniture company also broadened its supplier base to meet demand.

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Store openings may have matched closings in 2021

RetailWire

According to tracking by Coresight Research, for the first time in five years, retail store openings and closings may have reached equilibrium in 2021. In recent years, retail chains have been purging underperforming stores, especially in 2020 when operators rushed to cut costs in response to the rages of the pandemic. The comeback in 2021 may, therefore, but a temporary counteraction, but some chains, like Wayfair, are exhibiting signs that they will expand their physical presence next year as

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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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Griddle maker Blackstone the latest with plans for SPAC-based stock market debut

RetailDive

The company, which so far has released few financial details, says it created and now dominates its corner of the outdoor cooking market.

Outdoor 69
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Anticipating procrastinators, retailers extend Christmas Eve hours

RetailWire

A survey of USA Today’s rundown of Christmas Eve hours as posted by major retail chains reveals that operators are trying to take advantage of the tendency for last-minute holiday shopping without going to extreme lengths. Most commonly, chains will be open Dec. 24th until 5:00 or 6:00 pm, although there are many exceptions. For example, Target stores will stay open until 8:00 pm, GameStop until 9:00 pm and Ross Stores until 10:00 pm.

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Creating an Enterprise E-Commerce Business Strategy

Fabric Blog

E-commerce spending increased by 32.4% in 2020. Such growth represents an alluring opportunity for enterprises that haven’t yet entered—or perfected their entry—into the e-commerce space.

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Danny Meyer will require boosters for restaurant customers and staff

RetailWire

The founder and CEO of the Union Square Hospitality Group, which runs Gramercy Tavern and Union Square Cafe in NYC as well as Anchovy Social in Washington, D.C., says the company will require all customers who want to eat inside to show proof of having received a COVID-19 booster shot. The company is asking all staff to get their boosters within 30 days.

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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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Amazon & Flipkart Clock $9.2 billion in Gross Festive Sales

Ecommerce Guru

The E-commerce market in India has generated 9.2 billion dollars in gross sales in 2021. Forester estimated that the online platforms gained about 70% of total sales in the festive deals. The eCommerce marketing strategy is continuously growing. In 2018 the gross elsewhere was 3.6 billion, and suddenly, in 2021,, the industry made rapid growth. These gross sales have been achieved due to the covid-19 where people avoided offline shopping and going to malls.

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Survey: Amazon, Google more trusted with personal data than Apple, Microsoft

RetailWire

In a Washington Post survey of 1,058 U.S. internet users how much they trust a selection of companies and services to responsibly handle their “personal information and data on your Internet activity,” Amazon and Google fared best, receiving a “trust a great deal/a good amount” rating from 53 percent and 48 percent of respondents, respectively.

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UDAAN: How to register on Udaan? | Free Training on Udaan

Ecommerce Guru

The post UDAAN: How to register on Udaan? | Free Training on Udaan appeared first on Ecommerce Guru.

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New York Amazon workers, in second attempt, will file for unionization

RetailWire

A group of workers representing four Staten Island, NY, facilities is seeking to unionize and has gathered the necessary number of signatures to file with the National Labor Relations Board. The group came up short on their count in an earlier effort in October. Known as Amazon Labor Union, the group is being led by Christian Smalls, a charismatic former employee who was fired after he notably organized a walkout in March of 2020, contending that Amazon at the time was not doing enough to protec

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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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So You Want to Buy a Second eCommerce Business?

eCommerceFuel

(This article is written for existing store owners considering growing via acquisition. However, most of the concepts apply to first time store owners as well). . Entrepreneurs suffer badly from shiny object syndrome. It’s incredibly hard to pass up opportunities despite the fact we have a list a mile long of things we’re still working on!

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With stocks lean, stores impose purchase limits on COVID-19 home tests

RetailWire

A spokesperson from Amazon told CNBC this week that the company was having trouble procuring supplies of COVID home testing kits and would limit sales to 10 units per customer. Similarly, CVS said on Tuesday that customers would only be allowed to buy six kits and Walgreens issued a statement saying that, “Due to the incredible demand for at-home rapid testing, we put in effect a four item purchase limit on at-home COVID-19 testing products in our stores and digital properties in an effort to he

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President Biden says we’ve averted the supply chain crisis

RetailWire

During a meeting yesterday with a supply chain task force, President Biden claimed that, through combined efforts, the industry’s efforts to get ahead of holiday supply bottlenecks were successful. “We brought together business and labor leaders to solve problems, ” he said. “And the much-predicted crisis didn’t occur. Packages are moving, gifts are being delivered, shelves are not empty.